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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


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Last five graphs

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Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



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E-Malt.com Flash 34a
August 21 - August 23, 2017

Quote of the Week

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John Ruskin

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Currency Rates


Base Currency: Euro
on August 23, 2017
Base Currency: US Dollar
on August 23, 2017
      1 EUR = 1.1771 USD
1 EUR = 0.9171 GBP
1 EUR = 1.4806 CAD
1 EUR = 1.4887 AUD
1 EUR = 128.7300 JPY
1 EUR = 3.7102 BRL
1 EUR = 69.5900 RUB
1 EUR = 7.8430 CNY
      1 USD = 0.8491 EUR
1 USD = 0.7783 GBP
1 USD = 1.2561 CAD
1 USD = 1.2625 AUD
1 USD = 109.3800 JPY
1 USD = 3.1602 BRL
1 USD = 59.0396 RUB
1 USD = 6.6599 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


August 23, 2017
French Barley/Malt
Crop 2017
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 192.50-194.50 -
6RW Malting Barley (FOB Creil) 163.00-165.00 -
2RS Malt (FOB Antwerp) 390.00-392.00 -
6RW Malt (FOB Antwerp) 353.50-355.50 -
Feed Barley (FOB Creil) 136.00-138.00down1.44%
German Malting Barley
Crop 2017
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,304.00-1,306.00 down1.51%
Malting Barley (West) 1,304.00-1,306.00 down1.51%
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,284.00-1,286.00 down1.53%
Malting Barley (West) 1,284.00-1,286.00 down1.53%
Canadian Barley/Malt
Crop 2017
CAD/T %
2-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malting Barley, bulk in store, Vancouver 367.00-369.00  
6-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malt, bulk, truck/railcar, Winnipeg 609.00-611.00  
2-Row Malt, bulk in store, Vancouver 629.00-631.00  
6-Row Malt, bulk, truck/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 199.00-201.00  
Feed Barley, basis Winnipeg 199.00-201.00  
Feed Barley, bulk in store, Vancouver 261.00-263.00  
US Barley
Crop 2017
USD/T %
2-Row Malting Barley, bulk, railcar Great Falls, Montana 159.00-161.00  
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 109.00-111.00  
Feed Barley, basis Minneapolis, Minnesota 95.00-97.00  
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news China: China Resources Beer posts 93.4% rise in H1 net profit ...Click here
Brewery news The Netherlands: Number of breweries grows back to ‘medieval levels’ ...Click here
Brewery news India: United Breweries Ltd gains market share, retains number one spot in India in 2016 ...Click here
Brewery news USA: Craft beer industry as a whole still looks healthy ...Click here
Brewery news UK: Record 18.2 million litres of low and non-alcoholic beer consumed in the UK over the past year ...Click here

Barley news UK: Barley harvest slowed down by rainfall, experts concerned by final outcome ...Click here
Barley news Canada: Barley seeded area down 10% to record low of 2.3 mln ha in 2017/18 ...Click here
Barley news Scandinavia: Spring barley planting estimates lower in Finland and Denmark, unchanged in Sweden this year ...Click here
Barley news World: Worldwide grain consumption forecast unchanged or even higher this season ...Click here


More Industry News


Brewery news USA: Heineken’s US business boosted by ‘data and diversity’ ...Click here
Brewery news India: United Breweries targeting 25% share in imported beer market in the next 18 months ...Click here
Brewery news South Korea: Hite Jinro’s beer market share expected to increase ...Click here
Brewery news The Czech Republic: Sales of canned beer enjoying sharp rise ...Click here
Brewery news UK: Carlsberg CEO can’t rule out further job cuts in the UK ...Click here
Brewery news India: Shares of United Breweries Holdings to be suspended from trading for non-compliance with financial results and non-payment of fines ...Click here
Brewery news Australia: With Byron Bay Brewery now at full capacity, Lion moves production of one of its beers to West End Brewery ...Click here

Graph of the week



Source: Deutscher Maelzerbund e. V.

Table of the week

World Barley Trade


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


21 August
1897 - Oldsmobile begins operation as a General Motors Corp division
1975 - U.S. lightens trade embargo against Cuba
1991 - Communist coup is crushed in U.S.S.R. in 2 days

22 August
1864 - International Red Cross forms
1901 - Cadillac Co forms
1932 - The BBC first experiments with television broadcasting
1980 - Mount Everest climbed by Italian Reinhold Messner, alone

23 August
1891 - Thomas Edison patents motion picture camera
1904 - Automobile tire chain patented
1939 - Molotov-Ribbentrop pact: East Europe divided between Hitler and Stalin

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




BreweryBrewery News Brewery


Brewery newsChina: China Resources Beer posts 93.4% rise in H1 net profit
China Resources Beer (Holdings) Co Ltd on August 21 posted a 93.4 percent rise in first-half net profit thanks to higher average selling prices ...More info on site


Brewery newsThe Netherlands: Number of breweries grows back to ‘medieval levels’
The Netherlands now have the same number of breweries as it did in the Middle Ages. With the rise of independent beer makers, the ...More info on site


Brewery newsIndia: United Breweries Ltd gains market share, retains number one spot in India in 2016
United Breweries Ltd gained market share in 2016 to retain its number one spot in India’s alcoholic drinks space by way of volume sales, ...More info on site


Brewery news USA: Craft beer industry as a whole still looks healthy
There might be a lot of things to cast aspersions on millennials about, but killing the beer industry doesn't seem to be one of them. Despite a recent Goldman Sachs report blaming the millennials for falling beer sales, the industry as a whole still looks healthy. It's only mass produced beers that are really hurting; craft beer is doing just fine, The Motley Fool reported on August 18.

A cursory glance might not suggest that. The craft beer industry trade group Brewers Association said craft beer sales grew only 6% last year after a decade or so worth of double-digit growth. Leading craft brewer Boston Beer continues to post declining depletions - or sales to distributors and retailers (a proxy for consumer demand) - and it sold 1,000 fewer barrels year-to-date than it did last year. It's only been bolstered by tiny, niche products like hard seltzer, that could very well turn into flash-in-the-pan fads like hard soda.

And mass produced beers are certainly no better. The Beer Institute, using unofficial estimates of domestic tax paid shipments, says volumes fell by over 1.4 million barrels last year to 174.1 million barrels, a 0.8% decline, compared to 2015.

According to the Goldman Sachs report, ...More info on site


Brewery news UK: Record 18.2 million litres of low and non-alcoholic beer consumed in the UK over the past year
Brits consumed a record 18.2 million litres of low and non-alcoholic beer this year, while sales of super-strength brews fell into a major decline, The Grocer reported on August 23.

Value sales of low and non-alcoholic brews grew by £5.9 mln (20.5%) to £34.7 mln over the past 12 months, with volumes up 16.8% – the highest growth in five years, latest figures reveal [Nielsen 52 w/e 15 July 2017].

Meanwhile, sales of super-strength beer (above 7.5% abv) were down £8.9 mln (11.6%) to £68 mln, on volumes down 12% – a signal that, despite low and non-alcoholic beers accounting for just 0.9% of total beer sales, the balance had “tipped in favour of moderation products”, said Nielsen analyst Richard Harrison.

It was “a positive step for the brewing industry and the government and councils who have sought to discourage the sale of high-strength lagers,” he added.

The news comes as around one in five adults now claim to be teetotal [Nielsen]. Mainstream and craft beer brands have launched a raft of zero-alcohol lines since the start of 2017.

Heineken launched 0.0, a booze-free variant of its eponymous lager in March. It has racked up £1.1 mln in sales, picking up listings in Tesco, Sainsbury’s ...More info on site


Brewery news USA: Heineken’s US business boosted by ‘data and diversity’
Between the largest domestic macro brewers and the biggest of the big craft brewers, there’s a segment of the U.S. beer industry trying to avoid being pinched, MarketWatch reported on August 23.

Data and diversity have helped Heineken escape the trap.

Dutch brewer Heineken sells more than 8.5 million barrels of its various beer brands in the U.S., more than double that of Boston Beer Co., the biggest craft brewer. However, it’s about half of what Constellation Brands (Ballast Point, Corona, Modelo) and less than 10% of what Anheuser-Busch InBev produce or import in a year.

The tide of Big Beer, combined with the continued growth of small craft brewers, has forced Heineken to reconsider its portfolio of brands.

“We discovered that the average American consumer drinks 12 different brands in one year,” says Nuno Teles, chief marketing officer for Heineken USA in White Plains, N.Y. “That was a very important fact that made us think: ‘How can we be competitive in this business context, of multiple brands and consumers not being loyal to one specific brand but to a repertoire of brands?’ ”

In 2014, Heineken took a look at its long-held English cider Strongbow and gave it a complete makeover. The traditional dry ...More info on site


Brewery news India: United Breweries targeting 25% share in imported beer market in the next 18 months
United Breweries Ltd (UBL) is targeting to capture 25 per cent share in imported beer market in India in the next 18 months by introducing global brands from the portfolio of its promoter Heineken NV, Economic Times reported on August 20.

The Bengaluru-based company has introduced in India five brands - Sol, Edelweiss, Affligem, Dos Equis and Desperados - from Heineken's stable in select cities like Delhi, Mumbai and Hyderabad.

It also plans to sell these brands in Goa, Gurgaon, Chandigarh and Pune later.

"We are targeting half a million cases (annually) in the imported beer market, which is around 25 per cent market share of this segment, in next 18 months," UBL Senior VP - Marketing Samar Singh Sheikhawat told PTI.

Imported beer is a niche market at the moment in India but is growing rapidly driven by affluent consumers in top metro markets, he added.

"This was a gap in our portfolio as we do not have a solution for those kinds of customers...(but) we have realised that Heineken has a massive range globally and we can tap in this very easily," Sheikhawat said.

Heineken NV is a promoter of UBL, which also brews the Heineken beer brand in India.

UBL has high expectation from ...More info on site


Brewery news South Korea: Hite Jinro’s beer market share expected to increase
Hite Jinro’s soju and beer market share will rise, said Dongbu Securities on Aug. 23, maintaining a “buy” recommendation and 31,000 won (US$27.44) target price, The Investor reports.

Its rival Muhak’s dominance in Busan and South Gyeongsang Province is weakening. Combined with expanded soju making facilities in Masan and continued marketing campaign targeting the region, the liquor company will strengthen its foothold, said the securities firm.

Its flagship Chamisul soju remains strong in the metropolitan area while rivals are burdened by excessive manufacturing line expansion, added the firm, estimating that its soju market share has climbed to 52 percent.

Lotte Chilsung’s aggressive launching campaign targeting restaurants has heightened competition in the beer sector, but sales of regular beer may stop sliding in August. Growing demand for its lower-priced beer FiLite will boost its factory operation rates, said analyst Cha Jae-heon.

Its stocks rebounded thanks to the decent second-quarter earnings and considering the strong advantage it has, the likelihood of market dominance recovery will continue to bolster its stock price, said the analyst.


Brewery news The Czech Republic: Sales of canned beer enjoying sharp rise
Czechs are still the world’s leading beer drinkers, but consumer habits are changing. Whereas once the biggest share of beer produced was consumed at the pub, now Czechs are taking it home. While pubs and restaurants are selling less beer, sales of bottled beer have not dropped and sales of canned beer have seen a sharp rise, Radio Prague reported on August 21.

The once firm conviction among Czech beer lovers that canned beer loses its quality, tastes flat and acquires a metallic tang has been undermined by the younger generation of drinkers for whom cans are perfectly normal packaging.

Statistics released by the Czech Union of Breweries and Malthouses confirm that an increasing number of consumers are now throwing canned beer into their shopping carts rather than lugging home carts of bottled beer. Sales of canned beer in the month of June were 73 percent higher year-on-year and market chains such as Kaufland, Globus or Macro all report increased sales. This despite the fact that canned beer is still on average 3 crowns more expensive than bottled beer. Martina Ferencová, executive director at the Czech Union of Breweries and Malthouses, explains what is behind the changing trend.

“Canned beer is ...More info on site


Brewery news UK: Carlsberg CEO can’t rule out further job cuts in the UK
The chief executive of Carlsberg has said he cannot rule out further jobs cuts as the beer giant pushes ahead with a sweeping efficiency drive, potentially leaving British jobs hanging in the balance, the Evening Express reported on August 20.

The Danish brewer last year revealed it had axed more than 2,000 white-collar jobs as part of the restructure and would outsource beer distribution in the UK, impacting around 900 jobs by March 2018.

It will leave Carlsberg UK with about 950 staff – chiefly across its brewery and head office in Northampton and its customer contact centre in Leeds.

Carlsberg chief executive Cees ‘t Hart told the Press Association that additional job cuts at the firm have not been taken off the table.

“You can never of course say that no cuts will be done in the future, so there are no promises on that one. However, we don’t have any other plans than we had announced more or less a year ago.”

But Mr ‘t Hart said Carlsberg was still “in the execution mode” of its turnaround plan, “so we’re not done yet.”

“But everybody who is involved in that, and is concerned, has been informed.”

Carlsberg has its efficiency drive to thank for helping ...More info on site


Brewery news India: Shares of United Breweries Holdings to be suspended from trading for non-compliance with financial results and non-payment of fines
Shares of United Breweries Holdings Ltd (UBHL) will be suspended from trading with effect from Sept 8 in the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) due to non-compliance with financial results and non-payment of fines for two consecutive quarters, the bourses said on August 17, Times of India reported.

Also, the entire promoter shareholding of the company has been frozen with immediate effect. The promoter and promoter group, led by former liquor baron Vijay Mallya, holds 52.34% of the company, as per the latest disclosures made by the company in December.

UBHL, which has ordered by the Karnataka High Court to be wound up, had failed to report its quarterly results for the three months ended December 31, 2016 and March 31, 2017, respectively. In case the company complies with the requirements before September 4, then the proposed trading suspension would not be imposed, BSE said.

The company had informed the BSE in June that information required to prepare the financial results is no longer with the company due to search and seizure conducted by the Central Bureau of Investigation (CBI), related to the probes on Mallya. Accordingly it requested market regulator SEBI to relax the strict enforcement of ...More info on site


Brewery news Australia: With Byron Bay Brewery now at full capacity, Lion moves production of one of its beers to West End Brewery
Lion has announced that its Byron Bay Brewery has reached capacity, with kegs and cans of one of its beers now in production at West End Brewery in Adelaide, Brews News reported on August 22.

The Hazy One, a Cloudy Pale Lager, is the first beer that has graduated to off-site production, just under 12 months after the brewery re-opened under Lion’s ownership.

“We’ve grown in keg sales – the venue’s obviously selling a decent chunk of the beer we brew, but we’ve got Byron Bay on tap in the surrounding geographies, north and south of Byron,” Lion general manager of craft, Gordon Treanor told Brews News.

“It’s going really well in those venues and that’s led us to the point where we’re at full capacity.”

Treanor said Lion was keen to get on the front foot and inform all stakeholders of the development, given the controversy that surrounded the move to brew off-site under the previous ownership.

“We’ll be very transparent about the fact that the beer is being brewed at Byron, but also in other locations around Australia,” he said.

“We’ll call out that fact clearly and transparently on the packaging, as we do with all of our beers.

“It will allow us to share ...More info on site



BarleyBarley News Barley


Barley newsUK: Barley harvest slowed down by rainfall, experts concerned by final outcome
Weather conditions have not been ideal, although rather typical for Northern Europe. In the UK, the barley harvest has started, but is slowed down ...More info on site


Barley newsCanada: Barley seeded area down 10% to record low of 2.3 mln ha in 2017/18
For 2016-17, Canada’s total domestic barley use is forecast to increase to 6.226 mln tonnes due to higher industrial use (399 thousand tonnes), Agriculture ...More info on site


Barley newsScandinavia: Spring barley planting estimates lower in Finland and Denmark, unchanged in Sweden this year
Planting estimates of spring barley for Finland are 439,000 ha (486,000 ha last year), Denmark 541,000 ha (590,000 ha), Sweden 300,000 ha (unchanged), H. ...More info on site


Barley newsWorld: Worldwide grain consumption forecast unchanged or even higher this season
Climatic conditions had helped to produce record crops of grains and oilseeds in most parts of the world in 2016/17; but weather conditions turned ...More info on site


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