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E-Malt.com Flash 16b April 19 - April 22, 2018
Quote of the Week
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Booth Tarkington
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Currency Rates
Base Currency: Euro on April 20, 2018 |
Base Currency: US Dollar on April 20, 2018 |
|
1 EUR = 1.2382 USD
1 EUR = 0.8698 GBP
1 EUR = 1.5606 CAD
1 EUR = 1.5892 AUD
1 EUR = 132.8800 JPY
1 EUR = 4.1925 BRL
1 EUR = 75.4034 RUB
1 EUR = 7.7717 CNY
|
|
1 USD = 0.8087 EUR
1 USD = 0.7055 GBP
1 USD = 1.2632 CAD
1 USD = 1.2870 AUD
1 USD = 107.3800 JPY
1 USD = 3.3853 BRL
1 USD = 60.8583 RUB
1 USD = 6.2739 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
April 20, 2018 |
French Barley/Malt Crop 2017 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
173.50-175.50 | 0.57% |
6RW Malting Barley (FOB Creil) |
162.00-164.00 | 0.61% |
2RS Malt (FOB Antwerp) |
371.00-373.00 | 0.33% |
6RW Malt (FOB Antwerp) |
357.00-359.00 | 0.34% |
Feed Barley (FOB Creil) |
162.00-164.00 | 0.61% |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
189.50-191.50 | 0.52% |
6RW Malting Barley (FOB Creil) |
165.00-167.00 | 0.60% |
2RS Malt (FOB Antwerp) |
386.00-388.00 | 0.32% |
6RW Malt (FOB Antwerp) |
356.00-358.00 | 0.34% |
Feed Barley (FOB Creil) |
nq | |
German Malting Barley Crop 2017 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
192.00-194.00 | 0.41% |
Danish Malting Barley Crop 2017 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,194.00-1,196.00 | |
Malting Barley (West) |
1,194.00-1,196.00 | |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,204.00-1,206.00 | 1.63% |
Malting Barley (West) |
1,204.00-1,206.00 | 1.63% |
Canadian Barley/Malt Crop 2017 |
CAD/T |
% |
2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
310.00-312.00 |
|
2-Row Malting Barley, bulk in store, Vancouver |
329.00-331.00 |
|
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 |
244.00-246.00 |
|
Feed Barley, basis Winnipeg |
244.00-246.00 |
|
Feed Barley, bulk in store, Vancouver |
307.00-309.00 |
|
US Barley Crop 2017 |
USD/T |
% |
2-Row Malting Barley, bulk, railcar Great Falls, Montana |
170.00-172.00 |
|
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
Feed Barley, basis Great Falls, Montana |
126.00-128.00 |
|
Feed Barley, basis Minneapolis, Minnesota |
129.00-131.00 |
|
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Belgium: Belgians top world in terms of alcohol consumption - OECD
...Click here
|
World: Heineken and Bavaria manage to increase turnover mainly thanks to expansion outside of Europe
...Click here
|
World: Barley shipments by seven largest exporters amounted to 21.6 mln tonnes by end of March
...Click here
|
World: Analysts trim outlook for EU barley exports to 6.75 mln tonnes
...Click here
|
Argentina: Barley crop estimated at 3.1 mln tonnes this year
...Click here
|
Australia: USDA forecasts increase in barley production in 2018-19
...Click here
|
Vietnam: Experts speak against ban on sale of alcoholic drinks at night
...Click here
|
The Democratic Republic of Congo: Beer industry likely to survive in spite of all difficulties and calamities
...Click here
|
Russia: July-February barley exports hit all-time high for this period
...Click here
|
Australia: Barley leading in Western Australia’s grain growers’ seeding programs this year
...Click here
|
Japan: Japan’s top 4 brewers to address shortage of drivers by sharing transport resources
...Click here
|
Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Africa Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 April
1662 - Royal Society incorporates
1892 - Charles Duryea claims to have driven the first automobile in the United States, in Springfield, Massachusetts
1940 - 1st electron microscope demonstrated (RCA)
1948 - ABC-TV network begins
1971 - Launch of Salyut 1- the first space station
20 April
1926 - 1st check sent by radio facsimile transmission across Atlantic
1946 - The League of Nations officially dissolves, giving most of its power to the United Nations
1948 - 1st Polaroid camera was sold in US
1964 - BBC Two launches with a power cut because of the fire at Battersea Power Station
1973 - Canadian ANIK A2 becomes 1st commercial satellite in orbit
21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom
22 April
1864 - The U.S. Congress passes the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States currency
1924 - Hague Chambers of Commerce forms
1969 - 1st human eye transplant performed
1991 - Intel releases 486SX chip
Agenda
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
10-13: ASBC Malt Flavor and Aroma Symposium 2018 (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
Brewery News
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Belgium: Belgians top world in terms of alcohol consumption - OECD
|
The Organisation for Economic Co-operation and Development (OECD) has released its latest health report. It reveals that Belgians top the world in terms of
...More info on site
|
World: Heineken and Bavaria manage to increase turnover mainly thanks to expansion outside of Europe
|
Even though the European beer market continues to struggle, brewery groups Heineken and Bavaria have published growing turnover. Bavaria posted a record turnover and
...More info on site
|
The Democratic Republic of Congo: Beer industry likely to survive in spite of all difficulties and calamities
|
The Bralima brewery in Kinshasa, the capital of the Democratic Republic of Congo (DRC), is an island of modernity in a city where chaos is the norm. Inside a building near the docks where barges begin the journey up the Congo river, conveyor belts rattle as thousands of glass bottles are washed and filled with amber liquid. A generator hums to power the new brewing machinery, creating enough booze to fill 28,000 crates every two days, The Economist reported on April 19.
Yet the real achievement of Bralima, which is owned by Heineken, a Dutch brewer, is not making the beer. It is what happens when it leaves the factory. Congo is one of the worst-connected, most dysfunctional countries on Earth. Four times the size of France, it has almost no all-weather roads. In large parts of eastern DRC, the state is a fiction and rebels control the roads. Yet there is scarcely a village where it is impossible to get a beer.
Bralima was founded in 1923. Its main competitors, Bracongo and Brasimba, both owned by Castel, a secretive French family firm that operates across Africa, have been there almost as long. They are among the only surviving companies from the
...More info on site
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Vietnam: Experts speak against ban on sale of alcoholic drinks at night
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Experts spoke out against a proposed ban on the sale of alcoholic drinks at night during a conference on April 18, the VnExpress International reported.
The proposal aims to restrict the sale of alcohol and advertising after 10 p.m. in Vietnam, excluding international airport terminals and areas designated for food, entertainment and tourism.
The proposed ban would lead to binge drinking, said Dau Anh Tuan, head of the legal department at the Vietnam Chamber of Commerce and Industry (VCCI).
"Some countries have approved this regulation, but it doesn't really work. We can ban labelled products, but not home brew,” Tuan said.
The regulation needs to be looked at again, otherwise genuine brands might suffer while small home brew makers who don't pay tax could benefit, Tuan added.
The term “areas designated for food, entertainment and tourism” in the proposal is not specifically defined, said Matt Wilson, director of foreign affairs for Heineken Vietnam LTD.
Wilson said the ban might affect big entertainment events like the annual Heineken Countdown, which attracts a lot of young people on New Year's Eve.
“I think the government’s goal can be entirely achievable by self-regulatory regulations,” Wilson said, citing that 40 percent of the world’s major markets have been successful in self-regulation
...More info on site
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Japan: Japan’s top 4 brewers to address shortage of drivers by sharing transport resources
|
Asahi, Kirin, Sapporo and Suntory will deliver products across Japan via the same long-distance trucks and trains, in a rare display of co-operation among the nation’s big four beer brands, FoodBev reported on April 19.
According to Suntory, the move will address “the shortage of drivers”, while reducing CO2emission at the same time.
The firm estimated that all four companies can secure a long-distance transport capacity equivalent to 2,400 heavy-duty trucks by rail container, reducing annual CO2 emissions by about 1,500t, which is 74% of conventional transport models.
The initiative has been up and running for the past two weeks.
In Japan, rising cost incurred by long distance shipping and a lack of manpower have forced competitors in the same industry to share transport resources.
For instance, Asahi and Kirin, the two largest companies by market share, have begun to transport products together by rail across Japan last year.
Through this partnership, CO2 emissions are expected to be reduced by 2,700 tonnes annually through the modal switch to rail containers from an annual equivalent of 10,000 long-distance delivery trucks.
In order to facilitate transport, the two companies have even established a joint logistics centre in Kanazawa, Ishikawa Prefecture.
The
...More info on site
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Barley News
|
World: Barley shipments by seven largest exporters amounted to 21.6 mln tonnes by end of March
|
Barley shipments of the seven largest exporters amounted to 21.6 mln tonnes from the beginning of the season till end of March, H. M.
...More info on site
|
World: Analysts trim outlook for EU barley exports to 6.75 mln tonnes
|
Analyst firm Strategie Grains has trimmed its outlook for EU barley exports this season by 200,000 tonnes to 6.75 million tonnes, citing reduced expectations
...More info on site
|
Argentina: Barley crop estimated at 3.1 mln tonnes this year
|
Recent estimates put Argentina’s barley crop at 3.1 mln tonnes with farmers‘ sales to-date at 2.4 mln, H. M. Gauger GmbH said in their
...More info on site
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Australia: USDA forecasts increase in barley production in 2018-19
|
Australian grain producers experienced a difficult 2017-18 due to sustained dry periods, frost and flooding, but the U.S. Department of Agriculture (USDA) expects more
...More info on site
|
Russia: July-February barley exports hit all-time high for this period
|
Russian barley exports in July-February 2017/18 hit an all-time high for these months. Barley shipments to foreign markets totalled 4.1 mln tonnes, which is up 36% from the whole 2016/17 season (3 mln tonnes), UkrAgroConsult reported on April 20.
Traditionally, Saudi Arabia remains the top export destination for Russian barley this season, absorbing 37% of its exports.
Iran is the second largest importer of Russian barley. Its deliveries to the country exceeded 1.1 mln tonnes during the reporting period, i.e. more than twice as much as during the whole last season.
In addition, Russia resumed barley supplies to Turkey and Kuwait. Russian exporters shipped 384.6 thousand tonnes of the commodity to the Turkish market in July-February 2017/18 - the largest volume since MY 2014/15. Exports to Kuwait totaled 126 thousand tonnes. Last time Russia exported barley to this market in the 2015/16 season (190 thousand tonnes).
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Australia: Barley leading in Western Australia’s grain growers’ seeding programs this year
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Barley has emerged as the star of Western Australia’s grain growers’ seeding programs this year, with prices historically high and the state’s predicted plantings up seven per cent compared to last year, the West reported on April 19.
Australia exported almost 2.5 million tonnes of barley between the start of October last year and end of February, as demand for feed in north-east Asia soared.
Grain Industry Association of Western Australia crop report author Michael Lamond said current feed barley prices — about A$270 a tonne — were within 10 per cent of record prices. “The yields growers are getting from barley in a lot of cases are exceeding wheat, especially feed barleys,” he said.
“When you combine a higher price with extra yield it makes sense for a lot of growers to grow barley instead of wheat.”
Mr Lamond said growers across all port zones except Esperance had touted increased barley plantings, with malt varieties likely to be popular in the northern grainbelt this year.
Feed barley was trading about A$270/t this week, a rise of about A$50/t since November. Comparatively, prices for Australian Standard White wheat were about A$239/t this week.
The China-Australia Free Trade Agreement has also removed a 3 per cent tariff
...More info on site
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