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E-Malt.com Flash 39a September 24 - September 26, 2018
Quote of the Week
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Warren Bennis
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Currency Rates
Base Currency: Euro on September 26, 2018 |
Base Currency: US Dollar on September 26, 2018 |
|
1 EUR = 1.1761 USD
1 EUR = 0.8946 GBP
1 EUR = 1.5235 CAD
1 EUR = 1.6225 AUD
1 EUR = 132.7800 JPY
1 EUR = 4.8166 BRL
1 EUR = 77.3711 RUB
1 EUR = 8.0740 CNY
|
|
1 USD = 0.8501 EUR
1 USD = 0.7606 GBP
1 USD = 1.2954 CAD
1 USD = 1.3794 AUD
1 USD = 112.8900 JPY
1 USD = 4.0952 BRL
1 USD = 65.7837 RUB
1 USD = 6.8648 CNY
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Currency Rates Chart

Equities of the Largest Breweries
Average Market Prices Change Trend
September 26, 2018 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
224.50-226.50 | 0.44% |
6RW Malting Barley (FOB Creil) |
208.00-210.00 | 0.48% |
2RS Malt (FOB Antwerp) |
429.50-431.50 | 0.28% |
6RW Malt (FOB Antwerp) |
409.50-411.50 | 0.30% |
Feed Barley (FOB Creil) |
194.00-196.00 | 1.02% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
214.50-216.50 | 0.92% |
6RW Malting Barley (FOB Creil) |
188.00-190.00 | 1.05% |
2RS Malt (FOB Antwerp) |
417.00-419.00 | 0.59% |
6RW Malt (FOB Antwerp) |
384.50-386.50 | 0.63% |
German Malting Barley Crop 2018 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
nq | |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,644.00-1,646.00 |  |
Malting Barley (West) |
1,644.00-1,646.00 |  |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,384.00-1,386.00 | 0.72% |
Malting Barley (West) |
1,384.00-1,386.00 | 0.72% |
Canadian Barley Crop 2018 |
CAD/T |
% |
2-Row Malting Barley, bulk, track in Winnipeg rail |
364.00-366.00 |
 |
2-Row Malting Barley, bulk, track in Vancouver rail |
364.00-366.00 |
7.35% |
6-Row Malting Barley, bulk, track/railcar, Winnipeg |
nq |
|
Feed Barley, basis Lethbridge |
254.00-256.00 |
 |
Feed Barley, basis Winnipeg |
254.00-256.00 |
 |
Feed Barley, bulk in store, Vancouver |
314.00-316.00 |
|
US Barley Crop 2018 |
USD/T |
% |
2-Row Malting Barley, bulk, railcar Great Falls, Montana |
176.00-178.00 |
|
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
Feed Barley, basis Great Falls, Montana |
142.00-144.00 |
|
Feed Barley, basis Minneapolis, Minnesota |
118.00-120.00 |
|
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Europe taking global leadership in craft beer innovation
...Click here
|
India: Per capita alcohol consumption more than doubles from 2005 to 2016
...Click here
|
Canada: Barley exports in July well above June shipments
...Click here
|
World: Hop crop in Europe severely affected by hot and dry summer
...Click here
|
Belgium: AB InBev faces EU antitrust fine in Belgian beer case
...Click here
|
Malaysia: Carlsberg, Heineken express varying opinions on implementation of Sales and Service Tax
...Click here
|
Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
EU Barley Supply and Disposal
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 September
1948 - The Honda Motor Company is founded
1960 - 1st nuclear-powered aircraft carrier launches (USS Enterprise)
1974 - John C. Bogle incorporates the Vanguard Group of Investment Cos. to administer - and to be owned by - the Vanguard family of mutual funds
1990 - Supreme Soviet gives approval to switch to free market
25 September
1639 - 1st printing press in America
1654 - England & Denmark sign trade agreement
1897 - 1st British bus service opens
1926 - Henry Ford announces 8 hour, 5-day work week
2014 - test event (Have to be edited and replaced with a real event description)
26 September
1404 - Brussels Brabants/Limburgse audit-office established
1680 - Tax revolt in Gorinchem due to tax on cereal
1786 - England & France sign trade agreement
1972 - Norway rejects membership in European Common Market
Agenda
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
|
World: Europe taking global leadership in craft beer innovation
|
Europe is taking a global leadership role in craft beer innovation, according to new research from analysts Mintel, the Morning Advertiser reported on September
...More info on site
|
India: Per capita alcohol consumption more than doubles from 2005 to 2016
|
Per capita alcohol consumption in India has more than doubled from 2005 to 2016, according to a report by the World Health Organisation.
In India, the consumption of alcohol has increased from 2.4 litres in 2005 to 5.7 litres in 2016 with 4.2 litres being consumed by men and 1.5 litre by women, it said.
The total alcohol per capita consumption (15+ years) is expected to increase in half of the WHO regions by 2025 and the highest increase is expected in the South-East Asia Region. An increase of 2.2 litres is expected in India alone which represents a large proportion of the total population in this region, the report highlighted.
However, increases, although smaller, are also expected in Indonesia and Thailand (with the second- and fourth-largest largest populations).
The second-highest increase is projected for the populations of the Western Pacific Region, where the population of China is the largest, with an increase in per capita consumption of 0.9 litres of pure alcohol by 2025.
Total alcohol per capita consumption has increased globally after a relatively stable phase between 2000 and 2005. Since then, total per capita consumption rose from 5.5 litres in 2005 to 6.4 litres in 2010 and was still at the level
...More info on site
|
Belgium: AB InBev faces EU antitrust fine in Belgian beer case
|
Anheuser-Busch InBev faces an EU antitrust fine for preventing cheaper beer imports into Belgium despite its efforts to settle the investigation, Reuters reported on
...More info on site
|
Malaysia: Carlsberg, Heineken express varying opinions on implementation of Sales and Service Tax
|
Malaysian beer industry leaders Carlsberg Brewery Malaysia Bhd (Carlsberg) and Heineken Malaysia Bhd (Heineken) have expressed varying opinions about the implementation of the Sales and Service Tax (SST), BeverageDaily.com reported on September 24.
The SST has been re-introduced in Malaysia from September 1, replacing the unpopular Goods and Services Tax (GST).
Carlsberg Malaysia has expressed deep concerns over the new sales tax.
“We expect the implementation of SST to impact consumer spending on beer negatively, especially in on-trade which is exposed to double-taxation from both 10% sales tax on products at a manufacturer level and 6% service tax at the retail level such as restaurants and bars with annual revenue above RM 1.5 million,” said Carlsberg Malaysia managing director Lars Lehmann to FoodNavigator-Asia
“While off-trade sales are no longer subject to 6% GST, our customers may pass on their additional tax and business costs from the implementation of SST.”
"Taking into account the 10% sales tax imposed on our products and a 6% service tax we incurred from taxable services, we have made a 5.5% adjustment on our products’ price to distributors effective 1st September 2018," he added.
Additionally, the rise in prices could potentially increase the consumption of contraband beer, which holds up to
...More info on site
|
Barley News
|
Canada: Barley exports in July well above June shipments
|
Canada’s barley exports in July were 166,786 tonnes - well above June exports of 21,835 tonnes, CMBT reported on September 24.
Total barley exports from Canada in 2017-18 (Aug-Jul) reached 2,020,457 tonnes. The largest destination was China taking a record 1,718,903 tonnes.
Canadian barley exports in 2016-17 were 1,476,823 tonnes.
|
Hops News
|
World: Hop crop in Europe severely affected by hot and dry summer
|
With hop crop in Europe severely affected by hot and dry summer, yields are below the expected average by 10% in Germany and almost
...More info on site
|
USA: US hop stocks up 16% from a year ago
|
Not counting this fall’s harvest, U.S. hop stocks are at 114 million pounds, up 16 percent from a year ago, the Capital Press reported on September 25.
This is the third September in a row of increases, generally reflective of supply exceeding demand and pressure on dealers and growers.
Production increased 17.2 million pounds, or 20 percent, in 2017 over 2016, and the new report indicates consumption in the past 12 months essentially keeping pace, said Peter Mahony, vice president of supply chain and purchasing for John I. Haas, Inc., Yakima, a leading hops grower, processor and researcher.
“This is a positive sign, in fact better than expected, when considering the general slowdown in the domestic craft brewing sector,” Mahony said.
While it’s concerning to be sitting on 114 million pounds of stock, the rate of increases in stock soon may be stabilizing, particularly if acreage increases are held in check in 2019, he said.
Of the 114 million pounds, 72 million are held by growers and dealers and 42 million by brewers, according to a USDA National Agricultural Statistics Service report issued Sept. 19.
The dealer and grower stock is virtually all stored in Yakima, Mahony said.
The Sept. 1 hop inventory was 98 million pounds
...More info on site
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