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E-Malt.com Flash 46b
November 15 - November 18, 2018
Quote of the Week
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Rene Descartes
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Currency Rates
Base Currency: Euro
on November 16, 2018 |
Base Currency: US Dollar
on November 16, 2018 |
| |
1 EUR = 1.1322 USD
1 EUR = 0.8801 GBP
1 EUR = 1.4960 CAD
1 EUR = 1.5567 AUD
1 EUR = 128.4700 JPY
1 EUR = 4.2821 BRL
1 EUR = 75.3848 RUB
1 EUR = 7.8544 CNY
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1 USD = 0.8882 EUR
1 USD = 0.8832 GBP
1 USD = 1.3214 CAD
1 USD = 1.3749 AUD
1 USD = 113.4700 JPY
1 USD = 3.7823 BRL
1 USD = 66.5854 RUB
1 USD = 6.9376 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 16, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
216.50-218.50 |  |
| 6RW Malting Barley (FOB Creil) |
207.00-209.00 |  0.48% |
| 2RS Malt (FOB Antwerp) |
421.00-423.00 | |
| 6RW Malt (FOB Antwerp) |
409.50-411.50 | 0.30% |
| Feed Barley (FOB Creil) |
199.00-201.00 | |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
203.50-205.50 | 0.49% |
| 6RW Malting Barley (FOB Creil) |
188.00-190.00 | |
| 2RS Malt (FOB Antwerp) |
404.50-406.50 | 0.30% |
| 6RW Malt (FOB Antwerp) |
385.50-387.50 | |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
220.00-222.00 |  0.14% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,634.00-1,636.00 | |
| Malting Barley (West) |
1,634.00-1,636.00 | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,384.00-1,386.00 | |
| Malting Barley (West) |
1,384.00-1,386.00 | |
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 |
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| 6-Row Malting Barley, bulk, track/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
254.00-256.00 |
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| Feed Barley, basis Winnipeg |
254.00-256.00 |
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| Feed Barley, bulk in store, Vancouver |
314.00-316.00 |
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US Barley
Crop 2018 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
176.00-178.00 |
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| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
142.00-144.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
118.00-120.00 |
|
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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.
Australia: GrainCorp sees big fall in profit despite solid performance by barley and malt businesses
...Click here
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India: United Breweries reports 74.52% jump in net profit
...Click here
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Poland: Heineken’s Polish subsidiary acquires local beer maker Browar Namysłów
...Click here
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Canada: Barley area, production forecast to increase in 2018/19
...Click here
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Canada: Malting barley producers targeting two main buyers
...Click here
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The Czech Republic: Czech men drinking lowest volume of beer in 14 years
...Click here
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South Korea: Brewers concerned about stricter advertising regulations
...Click here
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UK: Heineken resumes brewing its flagship lager in the UK
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Asia Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 November
1904 - King C Gillette patents Gillette razor blade
1971 - Intel advertises 4004-processor
16 November
1841 - Life preservers made of cork are patented by Napoleon Guerin
1875 - William Bonwill, patents dental mallet to impact gold into cavities
1904 - British physicist John A. Fleming invents the thermionic two-electrode valve, or diode, later known as the vacuum tube, which soon makes the radio possible -- and ultimately powers the earliest modern computers
17 November
1801 - 1st edition of New York Evening Post
1869 - Suez Canal (Egypt) opens, links Mediterranean & Red seas
1914 - U.S. declares Panama Canal Zone neutral
18 November
1793 - Louvre officially opens in Paris
1963 - Bell Telephone introduces push button telephone
Agenda
February 2019:
08 - 10 Finest Spirits 2019
08 - 11 HoReCa 2019
15 - 16 Braukunst Live! 2019
16 - 19 Beer Attraction 2019
19 - 21 Beviale Moscow 2019
19 - 23 Great British Beer Festival Winter 2019
28 - 02 March Drink Technology India 2019
March 2019:
05 - 07 Expo Antad & Alimentaria Mexico 2019
11 - 13 105th Brewing and Engineering Congress 2019
13 - 14 BeerX 2019
13 - 16 Festival Brasileiro da Cerveja 2019
14 - 16 Alltech Craft Brews & Food Fair 2019
15 - 17 Barcelona Beer Festival 2019
27 - 28 Craft Beer Italy 2019
27 - 29 10th World Barley, Malt & Beer Conference
April 2019:
08 - 11 Craft Brewers Conference & BrewExpo America 2019
26 - 28 Zythos Beer Festival 2019
May 2019:
15 - 17 Craft Beer China 2019
21 - 24 Beer 2019
21 - 26 Latvia Beer Fest 2019
22 - 25 Mondial de la Biere 2019
23 - 25 Copenhagen Beer Festival 2019
28 - 30 Brasil Brau 2019
June 2019:
02 - 06 The 37th Congress of the European Brewery Convention
03 - 04 The Brewers of Europe Forum 2019
09 - 11 Brewing Conference 2019
25 - 26 BevExpo 2019
July 2019:
09 - 11 Fdt Africa 2019
August 2019:
02 - 04 The 23rd International Berlin Beer Festival
06 - 10 The Great British Beer Festival 2019
07 - 10 VIETFOOD & BEVERAGE - PROPACK 2019
09 - 10 Beervana 2019
September 2019:
04 - 08 Mondial de la Biere 2019
21 - 06 October Oktoberfest 2019
26 - 27 July Sea Brew 2019
October 2019:
03 - 05 The Great American Beer Festival 2019
More events are available on site e-malt.com
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Malt News
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Australia: GrainCorp sees big fall in profit despite solid performance by barley and malt businesses
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As forecast in September, GrainCorp saw a big fall in profit that was softened by a solid performance by its barley and malting businesses
...More info on site
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Brewery News
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India: United Breweries reports 74.52% jump in net profit
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United Breweries Ltd on November 14 posted a 74.52% jump in standalone net profit at Rs163.77 crore for the September quarter, led by volume
...More info on site
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Poland: Heineken’s Polish subsidiary acquires local beer maker Browar Namysłów
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Heineken’s Grupa Żywiec unit in Poland has secured a deal to acquire beer maker Browar Namysłów for PLN 500 million ($131.6 million), FoodBev.com reported
...More info on site
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Cyprus: Beer sales up 3.6% in January-October
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Beer deliveries during January to October 2018 reached 37.10 million litres, recording an increase of 3.6 per cent compared to the same period of 2017, data released by the Cyprus Statistical Service on November 13 shows.
The increase is mainly attributed to local consumption, which is in turn connected to the number of tourists visiting the island. Local consumption during the period was 36.14 million litres, recording an increase of 3.71 per cent on an annual basis.
On the contrary, beer exports for the same period recorded a small drop of 0.60 per cent compared to the previous year and fell to 0.96 million litres.
Total beer deliveries (local consumption and exports) in October 2018 reached 3.58 million litres, which constitutes a historic record high, an 18.6 per cent increase over the previous year.
Exports in October however recorded a great drop reaching only 55,606 litres of beer compared to 92,410 in October 2017 and recording a drop of 40 per cent.
July saw the highest beer deliveries in Cyprus, during which a total of 5.36 million litres were delivered. In 2017 June was the month with the highest beer deliveries reaching 5.46 million litres.
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Japan: Craft beers conquering consumers in Japan
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On an unusually warm October day, beer brewers from across Japan set up their tents in an amusement park south of Tokyo. On offer were melon beers, brown-sugar beers, and soy-sauce beers. Visitors at the Yokohama Kanazawa Craft Beer and Gourmet Festa didn’t bat an eyelid, Nippon.com reported on November 12.
For decades, Japanese beer meant only one thing: pilsner-style pale lagers made by the country’s handful of major brewers. But the market is changing rapidly today, and the change is being led by craft-beer makers keen to shake up the industry. New flavors and ingredients—including exotic elements like soba, miso, sweet potato, and Japanese pepper—are transforming the market, along with the regulatory changes. The result is more variety in both brews and drinkers.
The 17 craft beer makers at the festival in Yokohama’s Hakkeijima Sea Paradise, an aquarium and theme park, hailed from beer-making hotspots like Tokyo and Kanagawa as well as far-flung prefectures like Okinawa, Okayama, and Kagawa. The latter was represented by mamemame brewery from Shōdoshima, an island in the Inland Sea famed for its olive plantations—and its soy sauce.
“This is a dry stout beer made in the imperial stout style,” says mamemame owner and founder Nakata Masaya, pouring
...More info on site
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The Czech Republic: Czech men drinking lowest volume of beer in 14 years
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Consumption of beer among Czech men is among the lowest registered in 14 years, suggests a survey carried out by CVVM agency. The weekly consumption of beer among Czech men has dropped to 7.6 half-litres, which is more than one half-litre less than last year.
On the contrary, consumption of beer among Czech women has increased to 2.7 half-litres a week, which is an increase by around 2.5 decilitres, and is the highest since 2014.
According to the study carried out by CVVM in the course of September, nearly nine out of ten Czech men and nearly every second Czech woman drink beer occasionally.
However, the number of Czech men who drink beer occasionally has been decreasing for some time. The study suggests that their number has dropped from 91 percent in 2015 to 86 percent in September of this year. Men between the ages of 18 and 29 are the biggest beer drinkers, followed by the age group from 30 to 44 years.
The number of occasional beer consumers among women has dropped by ten percentage points to 49 percent. On the other hand, there has been a significant rise in the number of regular beer drinkers among women in
...More info on site
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South Korea: Brewers concerned about stricter advertising regulations
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South Korea’s brewers are expressing concerns over a government move to more strictly regulate alcohol advertising, company officials said on November 14.
The stricter rules are feared to adversely affect their bottom lines at a time when they're suffering from falling profits due to the growing popularity of imported beer, they said.
According to the Ministry of Health and Welfare, liquor makers will be banned from showing celebrity endorsers drinking alcoholic beverages or making "ahh" sounds in their ads.
Starting from 2020 at the earliest, songs offering alcoholic beverages will be prohibited from ads as well.
Also, alcohol advertising will not be broadcast before and after TV programs for minors.
Digital multimedia broadcasting (DMB) and internet protocol television (IPTV) operators will be subject to a regulation that bans alcohol advertising from 7 a.m. to 10 p.m., as radio and television broadcasters currently are.
As for print ads, brewers and distillers will be unable to put their ads up at subways, sea ports and airports.
The stricter regulations are expected to deal a severe blow to domestic beer makers, which have tried to appeal to young consumers with ads that show K-pop idols and celebrities enjoying their products, amid the intensifying competition with beer importers.
For example, Hite Jinro
...More info on site
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UK: Heineken resumes brewing its flagship lager in the UK
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Heineken has resumed brewing its flagship lager in the UK. The brewer said the decision was nothing to do with Brexit but had been planned for some time as part of its global commitment to more sustainable brewing, Inapub reported on November 15.
It is now brewing 60 per cent of UK volumes of Heineken in its Manchester brewery.
Back in 2003 Heineken took the decision to pull its 3.4 per cent ABV UK version of Heineken, which was brewed here, and sell only the higher strength version of the lager brewed in the Netherlands and imported.
A spokesperson for the brewery said: "In an exciting development, under the expert guidance of Heineken master brewers, we now have the expertise and specialist brewing equipment to brew some of our high quality, great tasting Heineken lager in the UK as we do in Zoeterwoude in The Netherlands.
"We began brewing small volumes in March this year, and now brew approximately 60 per cent of the UK volume. This supports our ongoing commitment to finding more sustainable brewing solutions, as globally we seek to 'Brew A Better World.' Importantly, the multi million pound investment in Manchester cements our commitment to the city – benefitting the community,
...More info on site
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Barley News
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Canada: Barley area, production forecast to increase in 2018/19
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For 2018-19, barley-seeded area in Canada increased by 13% from last year’s record low level of 2.334 mln ha, Agriculture and Agri-Food Canada said in their November report.
Production is estimated to increase to 8.2 million tonnes due to the higher harvested area, despite a below-average total yield.
With higher production and sharply lower carry-in stocks, total supply is forecast to decrease by 5% to 9.5 mln tonnes.
Total domestic use is forecast to increase by 3% to 6.148 mln tonnes due to slightly higher feed and industrial use.
Exports are forecast to decrease by 17% to 2.4 mln tonnes due to lower total supplies.
Barley carry-out stocks are forecast to decrease by 20% to 1.0 mln tonnes or near record low levels.
The Lethbridge cash feed barley price is forecast to increase moderately from 2017-18, the analysts said.
In Western Canada, the barley harvest is mostly complete as good weather allowed the harvest to progress rapidly in Alberta and Saskatchewan. Barley in Manitoba, and the early harvested crop in Alberta and Saskatchewan, is generally of good quality. Due to the late harvest, the availability of competing feed grain is also above average, especially all wheat. Lower supplies of quality feed
...More info on site
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Canada: Malting barley producers targeting two main buyers
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North America is seeing an explosion in the craft beer sector. While craft beer still only represents a small portion of the total beer sold in North America, the beer uses three to four times more malt per unit, the Western Producer reported on November 14.
The rising North American craft beer sector and strong demand out of China are both good news stories for Canada’s malt barley sector, but those two customers have different needs which can also create some challenges, said industry officials speaking at the annual Grain World conference in Winnipeg Nov. 13.
Lorelle Selinger, North American supply chain manager with Cargill Malt, and Peter Watts, managing director of the Canadian Malting Barley Technical Centre, gave a joint presentation on the industry that highlighted two key trends.
China, the world’s largest beer maker, is seeing a shift from low quality beer to higher quality beer, which also necessitates a shift to higher quality barley, which is good for Canada. At the same time, North America is seeing an explosion in the craft beer sector. While craft beer still only represents a small portion of the total beer sold in North America, the beer uses three to four times more malt
...More info on site
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