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Flash Summary
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E-Malt.com Flash 33b
August 17 - August 20, 2017
Quote of the Week
You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer.
Frank Zappa
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Currency Rates
Base Currency: Euro
on August 18, 2017 |
Base Currency: US Dollar
on August 18, 2017 |
| |
1 EUR = 1.1697 USD
1 EUR = 0.9090 GBP
1 EUR = 1.4767 CAD
1 EUR = 1.4756 AUD
1 EUR = 128.8100 JPY
1 EUR = 3.6986 BRL
1 EUR = 69.6531 RUB
1 EUR = 7.8110 CNY
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|
1 USD = 0.8516 EUR
1 USD = 0.7761 GBP
1 USD = 1.2638 CAD
1 USD = 1.2624 AUD
1 USD = 109.8300 JPY
1 USD = 3.1593 BRL
1 USD = 59.2490 RUB
1 USD = 6.6746 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 18, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
192.50-194.50 |  0.51% |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 |  0.61% |
| 2RS Malt (FOB Antwerp) |
390.00-392.00 | 0.31% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.35% |
| Feed Barley (FOB Creil) |
138.00-140.00 | 1.42% |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
179.50-181.50 | 0.94% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,324.00-1,326.00 |  |
| Malting Barley (West) |
1,324.00-1,326.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,304.00-1,306.00 | |
| Malting Barley (West) |
1,304.00-1,306.00 | |
Canadian Barley/Malt
Crop 2016 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
nq |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
nq |
|
| Feed Barley, basis Winnipeg |
nq |
|
| Feed Barley, bulk in store, Vancouver |
nq |
|
US Barley/Malt
Crop 2016 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
nq |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
| 6-Row Malt, bulk, railcar Minneapolis, Minnesota |
nq |
|
| Feed Barley, basis Great Falls, Montana |
nq |
|
|
No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Snow remains world’s largest beer brand by sales volume
...Click here
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Latvia: First-half beer output up 12% versus last year
...Click here
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Malaysia: Carlsberg Brewery Malaysia reports 19% rise in Q2 net profit
...Click here
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World: World malting barley supplies look dangerously low
...Click here
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Australia: Crop estimates for 2017/18 are around 7-8 mln tonnes versus 13.4 mln harvested in 2016/17
...Click here
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Germany: German barley import demand estimated at around 1 mln tonnes
...Click here
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Ukraine: Barley harvest totals 8.6 mln tonnes this year
...Click here
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UK: Competition watchdog approves Heineken’s acquisition of Punch Taverns' British pubs
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
17 August
1802 - In one of history's greatest acts of inventive daring, Robert Fulton launches his new steamboat from the north shore of Manhattan
1998 - The Russian government devalues the ruble and declares a moratorium on paying its foreign debt, a de facto default that sends the global bond markets crashing, triggers the collapse of the giant U.S. hedge fund Long-Term Capital Management and sends shockwaves through the world's financial system
18 August
1868 - French astronomer Pierre Janssen discovers helium
1904 - Max Factor Jr was born, CEO (Max Factor Cosmetics)
1937 - 1st FM radio construction permit issued (W1X0J (WGTR) in Boston MA)
1952 - Patrick Swayze was born in Houston Texas, actor/dancer
1960 - 1st photograph bounced off a satellite, Cedar Rapids, Iowa
19 August
1888 - 1st beauty contest (Spa, Belgium), 18 year old West Indian wins
1897 - 1st electric taxi's drive in London
1946 - Bill Clinton was born, the 42nd US President. (Former Little Rock Attorney)
20 August
1741 - Alaska discovered by Danish explorer Vitus Bering
1896 - Dial telephone patented
1960 - USSR recovers 2 dogs, 1st living organisms to return from space
Agenda
August 2017:
04-06: The 21st International Berlin Beer Festival (Berlin, Germany)
08-12: The Great British Beer Festival 2017 (London, UK)
09-12: Vietfood & Beverage 2017 (Ho Chi Minh City, Vietnam)
September 2017:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
23-24: Whisky Live Paris 2017 (Paris, France)
28-30: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
October 2017:
05-07: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
26-28: drink technology India 2017 (New Delhi, India)
November 2017:
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Brewery News
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World: Snow remains world’s largest beer brand by sales volume
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No-one that has followed the ‘big beer’ news in 2016 can be surprised that AB InBev has extended its domination of the top 10
...More info on site
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Latvia: First-half beer output up 12% versus last year
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During the first six months of 2017 Latvian breweries produced 45.995 million litres of beer, which was 12.04% more than in the same period
...More info on site
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Malaysia: Carlsberg Brewery Malaysia reports 19% rise in Q2 net profit
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Carlsberg Brewery Malaysia, the listed local unit of Danish beer maker Carlsberg, said on August 17 its net profit rose 19% in the second
...More info on site
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UK: Competition watchdog approves Heineken’s acquisition of Punch Taverns' British pubs
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British competition watchdog CMA approved Heineken's acquisition of Punch Taverns' British pubs. The Dutch brewer made sufficient concessions to remove competition concerns, the CMA decided, ANP reported on August 18.
The supervisor found 33 locations where the competition between pubs would be affected by Heineken taking over the Punch Taverns pubs. Heineken then submitted proposals to sell the pubs involved.
Heineken is paying 305 million pounds, about 347 million euros, for the 1,900 Punch Taverns pubs. The Dutch brewer already owns over a thousand pubs in Britain under the name Star Pubs & Bars. The new pubs will be integrated into that brand. With the acquisition, Heineken will be the second biggest pub operator in Britain, according to the news wire.
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Ethiopia: Tribunal dismisses suit against Heineken
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Ethiopian Trade Practices & Consumer Protection Authority’s tribunal has dismissed a suit instigated by Meta Abo Brewery S.C. against Heineken Breweries. This was following both parties failed to appear for the second time, 2merkato reported on August 17.
It was back in June 2017 that Meta filled its pleading claiming that Heineken hoarded its bottles and crates for more than a year. The pleading further noted that the company lost its competitive edge along with 9 million Birr.
The defendant was summoned by the court to present its statement of defence by July 27, 2017. Nevertheless, Heineken failed to do so and also failed to appear on the adjourned hearing date. Following this the tribunal ordered fresh summons to be served to the defendant and to appear on August 11, 2017.
For the hearing day, it was also Meta that failed to appear before the tribunal. And following this, the tribunal dismissed the suit as per the Civil Procedure Code of Ethiopia.
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Barley News
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World: World malting barley supplies look dangerously low
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There are no alternatives for malting barley (except lower qualities). World supplies look dangerously low, H. M. Gauger GmbH said in their August report.
...More info on site
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Australia: Crop estimates for 2017/18 are around 7-8 mln tonnes versus 13.4 mln harvested in 2016/17
|
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Australia’s barley crop 2016/17 was 13.4 mln tonnes, reported export sales to-date 8.5 mln tonnes, of which 5.3 to China, 1.1 to Japan, H.
...More info on site
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Germany: German barley import demand estimated at around 1 mln tonnes
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Germany’s malting barley selection estimates this year are: two-row winter barley at 70 – 90,000 tonnes, spring barley at 1.0 to 1.1 mln tonnes,
...More info on site
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Ukraine: Barley harvest totals 8.6 mln tonnes this year
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Ukraine has started its 2017 maize harvest, threshing the first tonnes of the grain with an average yield of 4.0 tonne, the agriculture ministry
...More info on site
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