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Flash Summary
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E-Malt.com Flash 39b
September 28 - October 01, 2017
Quote of the Week
Fermentation may have been a greater discovery than fire.
David Rains Wallace
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Currency Rates
Base Currency: Euro
on September 29, 2017 |
Base Currency: US Dollar
on September 29, 2017 |
| |
1 EUR = 1.1778 USD
1 EUR = 0.8764 GBP
1 EUR = 1.4684 CAD
1 EUR = 1.5054 AUD
1 EUR = 132.5600 JPY
1 EUR = 3.7484 BRL
1 EUR = 68.6441 RUB
1 EUR = 7.8436 CNY
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|
1 USD = 0.8498 EUR
1 USD = 0.7456 GBP
1 USD = 1.2466 CAD
1 USD = 1.2762 AUD
1 USD = 112.6700 JPY
1 USD = 3.1872 BRL
1 USD = 58.4255 RUB
1 USD = 6.6623 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 29, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
192.50-194.50 |  |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
390.50-392.50 | |
| 6RW Malt (FOB Antwerp) |
353.00-355.00 | 0.35% |
| Feed Barley (FOB Creil) |
147.00-149.00 | 1.37% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
191.50-193.50 | 0.52% |
| 6RW Malting Barley (FOB Creil) |
160.00-162.00 | |
| 2RS Malt (FOB Antwerp) |
388.50-390.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
185.50-187.50 | 0.30% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,334.00-1,336.00 |  1.48% |
| Malting Barley (West) |
1,334.00-1,336.00 | 1.48% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,294.00-1,296.00 | 2.26% |
| Malting Barley (West) |
1,294.00-1,296.00 | 2.26% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
294.00-296.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
313.00-315.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
561.00-563.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
587.00-589.00 |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
154.00-156.00 |
|
| Feed Barley, basis Winnipeg |
154.00-156.00 |
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| Feed Barley, bulk in store, Vancouver |
216.00-218.00 |
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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 |
218.00-220.00 |
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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: 2016/17 malt exports figures by Taxud differ from those by Eurostat
...Click here
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Romania: Beer market up more than 2% in January-July this year
...Click here
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Australia: Last year’s barley crop virtually sold out, rains in the west boost new crop prospects
...Click here
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UK: Barley crop results variable, experts forecast shortage of preferred distilling quality barley
...Click here
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South Korea: Hite Jinro mulls sale of one of its three breweries in Korea
...Click here
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USA: Boston Beer affirms it ‘has no plans to be part of larger beer company anytime soon’
...Click here
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The Czech Republic: Brewers seeking to reclaim pub drinkers
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Brewing Industry in Belgium 1900-2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 September
1879 - Sydney Australia inaugurates steam motor tram route
1923 - Radio Times 1st published
1953 - Dutch government proclaims 5% general pay increase on Jan 1, 1954
29 September
1915 - 1st transcontinental radio telephone message is sent
1950 - Telephone Answering Machine created by Bell Laboratories
1979 - Gold hits record $400.20 an ounce in Hong Kong
30 September
1452 - 1st book published, Johann Guttenberg's Bible
1988 - IBM announces shipment of 3 millionth PS/2 personal computer
1997 - Microsoft Corp releases Internet Explorer 4.0
01 October
1874 - Rotterdam opens drink water pipes
1888 - National Geographic magazine publishes for 1st time
1898 - Dutch railway Alkmaar-Receiver opens
1958 - NASA is created
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 2017 (Warsaw, Poland)
22-23: Beertopia 2017 (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 2017 (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)
27-29: Olut Expo 2017 (Helsinki, Finland)
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: 2016/17 malt exports figures by Taxud differ from those by Eurostat
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EU malt exports in 2016/17 were 2.34 mln tonnes as per Taxud statistics, but 2.47 mln tonnes as per Eurostat, H. M. Gauger GmbH
...More info on site
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Brewery News
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Romania: Beer market up more than 2% in January-July this year
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The Romanian Beer Association reported a growth by over 2 percent in volume of the beer market in the first seven months of the year, compared with the same period of 2016, the Business Review reported on September 27.
“The beer evolution during January-July was a positive one, but moderate,” said Julia Leferman, general director of the Romanian Beer Association.
The beer sector has an important role in the development of the Romanian economy, with locally produced beer accounting for more than 97 percent of the total volume of beer consumed in the country, and the usage of ingredients from the local agriculture accounting for 70 percent.
Leferman added: “To buy a litre of beer, a Romanian has to work 22 minutes, while a German needs to work only 8 minutes and a Dutch 9 minutes. The intervention of an unpredictable economic factor can increase this gap anytime, with negative consequences on the entire chain connected to the beer production: agriculture, HoReCa, retail, transports, packaging industry.”
The beer sector creates 85,000 direct and indirect jobs in Romania, it is reported.
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South Korea: Hite Jinro mulls sale of one of its three breweries in Korea
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Hite Jinro Co., one of South Korea's largest distillers, said on September 29 it is considering selling one of its beer factories to enhance its production efficiency, Yonhap News reported.
Hite Jinro made the announcement in a regulatory filing, though it said no decision has been made yet.
The company has three beer factories in South Korea and their combined annual output amounted to 662,000 kilolitres in 2016.
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USA: Boston Beer affirms it ‘has no plans to be part of larger beer company anytime soon’
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Despite speculation that financial headwinds could cause the country’s largest craft brand to look to be acquired, Boston Beer Co. Inc. executives say the company is proud to be an independent craft brewer, the Boston Business Journal reported on September 28.
The stock price for Boston Beer rallied 4 percent on September 25 after one analyst speculated that Boston Beer could be acquired if financial problems persist.
Credit Suisse analyst Laurent Grandet said in a report that he was more bullish on Boston Beer than in the past, given the recent success of hard-seltzer brand Truly. But he also said there was still a lot of uncertainty, given how the company’s chief marketing officer, Jonathan Potter, would change the brand and when the search for a new CEO — already six months running — would conclude.
Though the company's second quarter had been positive, the long-term direction of the brand was up in the air, given increased competition from other craft brewers.
“We remain cautious on the trajectory of the business in 2018 and beyond. Samuel Adams brand is declining in both retail and on-premise and we don't think this could improve before mid-2018,” Grandet said.
If a financial turnaround doesn't occur within the next
...More info on site
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The Czech Republic: Brewers seeking to reclaim pub drinkers
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Czech beer has an international worldwide reputation but there are worries that on the home market at least it could be losing its appeal, especially in local pubs and among its most fervent fans. That’s one of the reasons for nationwide action being staged by brewers, pubs, and restaurants, Radio Prague reported on September 27.
A five day celebration of Czech beer – hopefully without too much of a hangover – was launched across the country on September 27 with dozens of breweries and hundreds of pubs and restaurants taking part. It’s framed around St. Wenceslas’ day – the patron of Czech beer and malt as well as the patron saint of the nation – which is marked on the following day.
But the Czech beer industry currently has its worries and could do with help from the saintly patron. For all their success in conquering foreign markets, big brewers and small are concerned that they might be becoming increasingly disconnected from their domestic drinkers, especially those in traditional pubs.
The latest figures suggest that only around four out of 10 beers are now consumed in Czech pubs with the increasing trend now for beer to be bought in shops and
...More info on site
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Barley News
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Australia: Last year’s barley crop virtually sold out, rains in the west boost new crop prospects
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Australia’s last year’s barley crop of 13.4 mln tonnes is virtually sold out. The strong resumption of Australian feed barley imports and the absence
...More info on site
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UK: Barley crop results variable, experts forecast shortage of preferred distilling quality barley
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United Kingdom’s barley crop estimate is 6.7 mln tonnes, of which 4.1 mln tonnes spring barley, H. M. Gauger GmbH said in their latest
...More info on site
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