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Flash Summary
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E-Malt.com Flash 37a
September 11 - September 13, 2017
Quote of the Week
The aim of education is the knowledge not of facts but of values.
William Ralph Inge
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Currency Rates
Base Currency: Euro
on September 13, 2017 |
Base Currency: US Dollar
on September 13, 2017 |
| |
1 EUR = 1.1933 USD
1 EUR = 0.8988 GBP
1 EUR = 1.4477 CAD
1 EUR = 1.4847 AUD
1 EUR = 130.9300 JPY
1 EUR = 3.7117 BRL
1 EUR = 68.5469 RUB
1 EUR = 7.8024 CNY
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1 USD = 0.8362 EUR
1 USD = 0.7551 GBP
1 USD = 1.2140 CAD
1 USD = 1.2463 AUD
1 USD = 109.7900 JPY
1 USD = 3.1104 BRL
1 USD = 57.2656 RUB
1 USD = 6.5353 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 13, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 |  0.53% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 |  |
| 2RS Malt (FOB Antwerp) |
381.50-383.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
348.00-350.00 | |
| Feed Barley (FOB Creil) |
138.00-140.00 | |
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) |
1,244.00-1,246.00 | 0.80% |
| Malting Barley (West) |
1,244.00-1,246.00 | 0.80% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,224.00-1,226.00 | |
| Malting Barley (West) |
1,224.00-1,226.00 | |
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 |
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| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
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| 2-Row Malt, bulk, truck/railcar, Winnipeg |
609.00-611.00 |
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| 2-Row Malt, bulk in store, Vancouver |
629.00-631.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
199.00-201.00 |
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| Feed Barley, basis Winnipeg |
199.00-201.00 |
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| Feed Barley, bulk in store, Vancouver |
261.00-263.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
159.00-161.00 |
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| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
109.00-111.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
95.00-97.00 |
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No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
EU: Germany’s malt production in July/May declines, France uses less barley for malting in July/June 2016/17
...Click here
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Russia: Maltster Russky Solod gets loan to modernize its facility
...Click here
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Australia: Craft beer provides driving force to alcohol consumption increase in 2016
...Click here
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UK: AB InBev unveils plans to grow its UK business over the next 12 months
...Click here
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Australia: Asahi racks up losses of A$1.13 bln in Australia during six years
...Click here
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South Korea: Beer imports hit 220.6 mln litres in 2016
...Click here
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World: Barley trade forecast increased in USDA’s September report
...Click here
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World: Barley crop around 8 mln tonnes smaller this year than in 2016
...Click here
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Canada & USA: Barley harvest in full swing, quality results variable so far
...Click here
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Australia: Barley production forecast to decrease by 40% in 2017-18
...Click here
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Spain: Damm Group inaugurates Cerveza Victoria brewery in Malaga
...Click here
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USA: Older men drink alcohol more frequently, 62% of all men say they prefer beer to other drinks
...Click here
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Hungary: Government reported to be mulling measures to curb multinational brewers’ dominance in Hungary, ban Heineken’s use of five-pointed red star
...Click here
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UK: Price of beer about to rise again because of inflation levels
...Click here
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Ireland: Heineken tops list of Checkout’s Top 50 Alcohol brands
...Click here
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Kenya: Kenya Breweries Limited expands Senator beer production to keep up with demand
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
German Malt Production, Export, Import, and Consumption
Barley Prices
Theoretical Malt Prices
These Days in Business History
11 September
1910 - 1st commercially successful electric bus line opens (Hollywood)
1946 - 1st mobile long-distance car-to-car telephone conversation
2001 - Terrorist attacks on America at the World Trade Center Towers in New York City and The Pentagon in Washington kill nearly 3000 people
12 September
1624 - 1st submarine tested (London)
1836 - The New York Stock Exchange prohibits its members from trading in the streets outside
1933 - Leo Szilard, waiting for a red light on Southampton Row in Bloomsbury, conceives the idea of the nuclear chain reaction
1970 - 1st Concorde lands at Heathrow airport
13 September
1898 - Hannibal Goodwin patents celluloid photographic film
1905 - 1st airplane flight in Europe
1956 - The IBM 305 RAMAC is introduced, the first commercial computer to use disk storage
1970 - IBM announces System 370 computer
Agenda
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)
21-23: Warsaw Beer Festival 2018 (Warsaw, Poland)
22-23: Beertopia 2018 (Hong Kong, China)
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)
11-15: Mondial de la Biere Rio 2018 (Rio de Janeiro, Brazil)
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:
11: International MicroBrew Symposium 2017 (Munich, Germany)
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Malt News
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EU: Germany’s malt production in July/May declines, France uses less barley for malting in July/June 2016/17
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German malt production in July/May 2016/17 amounted to 1.659 mln tonnes - minus 15,000 tonnes y/y, H. M. Gauger GmbH said in their September
...More info on site
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Russia: Maltster Russky Solod gets loan to modernize its facility
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Russia’s malt producer Kursky Solod has secured a RUB200 mln loan from the VTB Bank to modernize its facility, MSP Corporation, which acted as
...More info on site
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Brewery News
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Australia: Craft beer provides driving force to alcohol consumption increase in 2016
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Australians have been drinking more alcohol for the first time in a decade, fuelled by a growing taste for craft beers and cider.
The amount
...More info on site
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UK: AB InBev unveils plans to grow its UK business over the next 12 months
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AB InBev has unveiled its plans to grow the business over the next 12 months, with craft brands, new partnerships and Budweiser’s World Cup
...More info on site
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Australia: Asahi racks up losses of A$1.13 bln in Australia during six years
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Japanese beverages giant Asahi has racked up losses of A$1.13 billion in Australia during six years after slashing the value of goodwill by A$1.19
...More info on site
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South Korea: Beer imports hit 220.6 mln litres in 2016
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Kang Hee-su, a 27-year-old office worker, often goes out for a drink with her colleagues after work. Kang and her co-workers always used to
...More info on site
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Spain: Damm Group inaugurates Cerveza Victoria brewery in Malaga
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The new Cerveza Victoria plant in Malaga was inaugurated on September 6 following a whopping €6 million investment. The Damm group, who bought the brand back in 2011 from Heineken, gave local business representatives and politicians a first glimpse of the new factory on Avenida Velazquez and answered questions about the venture, RTN reported on September 9.
Although Cerveza Victoria continued to be marketed as a Malagan beer, in 1994 the company changed site to Murcia when the original plant on the Guadalhorce estate closed.
The Cerveza Victoria brand was originally founded by Ricardo and Luis Franquelo on September 8, 1928, coinciding with the day of Malaga’s public saint, and became one of the country’s most popular beers in the 60s. It seemed particularly symbolic that nearly 90 year later to the day, the beer’s production returned to its origins.
The factory sits on an area of over 3,300 square meters and has the capacity to produce up to 30,000 litres of beer a day. Forty employees will work at the site across the four areas – fermentation, packaging, distribution and the museum.
After twenty years, the beer’s famous slogan “Malagueña y Exquisita” (Exquisite and Malagan) makes sense once more.
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USA: Older men drink alcohol more frequently, 62% of all men say they prefer beer to other drinks
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Among the 67% of U.S. men who drink alcohol, those aged 50 and older are more likely than those under 50 to say they have imbibed within the last 24 hours, which suggests older men drink more frequently than younger men. However, younger men likely drink more than older men on the occasions when they do consume alcohol, Gallup reported on September 11.
Men in all age groups drink more often than women do. Among drinkers, 45% of older men report having had a drink in the past day, followed by 37% of younger men, 30% of older women and 26% of younger women.
U.S. men aged 50 and older report they consumed an average of 5.3 alcoholic drinks over the past seven days, while men aged 18 to 49 had an average of 6.2 drinks. Both older and younger women report drinking fewer than three alcoholic beverages in the last week.
These data come from aggregated results of Gallup's Consumption Habits Survey from 2001-2017, totaling interviews with 11,544 U.S. adults who drink alcohol.
The type of drinks that men and women prefer may at least partly explain the difference in the number of alcoholic beverages they report having. In 2017, men are far
...More info on site
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Hungary: Government reported to be mulling measures to curb multinational brewers’ dominance in Hungary, ban Heineken’s use of five-pointed red star
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The Hungarian government is reportedly ready to submit a bill to ban Heineken’s use of a five-pointed red star on its logo to the parliament. The cabinet is also mulling new measures to curb the dominance of multinational beer makers in Hungary, The Budapest Beacon reported on September 11.
The campaign against multinational beer companies would fall in line with the government's aggressive stance towards companies or sectors seen as strategic areas of the economy. The new session in parliament could also see the revival of legislation targeting retailers.
“The legal barriers now have been cleared and it is up to the Fidesz caucus whether the bill will be submitted to parliament,” government commissioner for trade policy Kristof Szatmary told pro-government Magyar Idok daily. The bill had previously been shelved for several months.
The European Commission has revealed in a statement that it has no objection to a Hungarian regulation to ban the commercial use of symbols that could refer to or remind people of oppression by totalitarian regimes, such as the former communist regimes in Central Europe.
The government offensive against Heineken began in March, when the Dutch brewer got into a trademark dispute in Romania with a small ethnic-Hungarian rival. Csiki
...More info on site
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UK: Price of beer about to rise again because of inflation levels
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The price of a pint is about to rise again as UK inflation levels bubble up, the European boss of the world's largest brewer has warned, City A. M. reported on September 11.
Jason Warner, AB InBev's president for northern Europe told the Sunday Telegraph that increased UK costs mean there "has to be an increase" in the price of beers.
UK inflation stayed flat last month at 2.6 per cent, an increase of two per cent since last year.
Warner said that AB InBev, which makes widespread brands such as Stella Artois and Budweiser, was beginning to feel the effects of higher inflation.
He said a price rise was inevitable within the next two years, but was not able to specify how much the increase would be.
The current average price of a pint in the UK is £3.60, going up to £4.20 in London.
The most expensive place to buy a beer is currently Surrey, according to a survey by the Good Pub Guide, where it costs £4.20 to buy a drink.
AB InBev is already adjusting its focus to the premium drinks market as sales of low-priced brands like Budweiser slow across the globe.
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Ireland: Heineken tops list of Checkout’s Top 50 Alcohol brands
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Heineken has topped the list of Checkout’s Top 50 Alcohol brands, produced in association with Nielsen, Hospitality Ireland reported on September 12.
According to the research, Heineken is also number one on the Top 20 LADS (Long Alcoholic Drinks) list.
Jenny Whelan, editor of Checkout magazine notes, “Heineken has done a lot of good work in both NPD and customer engagement in recent years, and this has clearly paid off.
“It has been ahead of the trend towards low-alcohol offerings, and it is probably the only beer brand in the world to run an ad that centres on saying no to a beer (in a bold TV spot featuring racing legend Sir Jackie Stewart).
“It is this kind progressive approach to the market that keeps Heineken so consistently relevant.”
Meanwhile, looking at the other alcoholic drinks categories, Santa Rita continues to be the market leader for wine in Ireland, but the data also reveals that names like McGuigan (number two on the Top 20 Wines list) and Wolf Blass (number three) have both seen growth this year.
Finally, Smirnoff remains number one of the Top 20 Spirits list, followed again by Jameson (2) and Huzzar (3). However, driven by growing interest in gin, Gordon’s has jumped
...More info on site
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Kenya: Kenya Breweries Limited expands Senator beer production to keep up with demand
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Kenya Breweries Limited has expanded its end-to-end capacity for the production and distribution of Senator to meet existing and emerging demand for the low-end beer brand, The Star reported on September 13.
In a short-term plan to boost capacity, KBL has unveiled newly-installed rackers in its Ruaraka plant following a Sh800 million project expected to increase its Senator production by 20 percent.
KBL managing director Jane Karuku said the move is among the measures in place to plug the gap in Senator demand, ahead of the commissioning of the Sh15 billion brewery in Kisumu within two years. KBL is also seeking applications for Senator Keg distributors, a central part of its larger plan to improve its products footprint across Kenya.
“Demand in Senator has been growing faster than we expected in the last year as more retailers open new outlets and more consumers trade up from illicit brews. We have responded to this trend with the newly-commissioned rackers project meant to lift our production capacity. We hope to meet demand with this, ahead of the Kisumu brewery opening,” said Karuku.
Senator is distributed in 50-litre kegs or barrels, in which the iconic beer is distributed across Kenya. To package Senator, kegs are filled with
...More info on site
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Barley News
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World: Barley trade forecast increased in USDA’s September report
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USDA in its September report forecast global barley trade in 2017/18 at 25.210 mln tonnes, up from 24.41 mln forecast in August.
Russia barley export
...More info on site
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World: Barley crop around 8 mln tonnes smaller this year than in 2016
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According to the latest IGC report, the world barley crop amounts to 142 mln tonnes vs. 150 mln last year, closing stocks will drop
...More info on site
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Canada & USA: Barley harvest in full swing, quality results variable so far
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The first forecast of the barley crop by Canada Statistics is 7.212 mln tonnes vs 8.784 mln last year. H. M. Gauger GmbH and
...More info on site
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Australia: Barley production forecast to decrease by 40% in 2017-18
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Australia’s total winter crop production is forecast to decrease by 39 per cent in 2017–18 to 36.3 million tonnes, largely reflecting an expected fall
...More info on site
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