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Flash Summary
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E-Malt.com Flash 03a
January 14 - January 16, 2019
Quote of the Week
We cannot put off living until we are ready.
Jose Ortega y Gasset
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Currency Rates
Base Currency: Euro
on January 16, 2019 |
Base Currency: US Dollar
on January 16, 2019 |
| |
1 EUR = 1.1439 USD
1 EUR = 0.8902 GBP
1 EUR = 1.5175 CAD
1 EUR = 1.5881 AUD
1 EUR = 124.1700 JPY
1 EUR = 4.2392 BRL
1 EUR = 76.6494 RUB
1 EUR = 7.7285 CNY
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1 USD = 0.8741 EUR
1 USD = 0.7782 GBP
1 USD = 1.3266 CAD
1 USD = 1.3882 AUD
1 USD = 108.5500 JPY
1 USD = 3.7059 BRL
1 USD = 67.0081 RUB
1 USD = 6.7564 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 16, 2019 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
203.50-205.50 |  0.49% |
| 6RW Malting Barley (FOB Creil) |
197.00-199.00 | 0.50% |
| 2RS Malt (FOB Antwerp) |
406.00-408.00 | 0.30% |
| 6RW Malt (FOB Antwerp) |
398.50-400.50 | 0.31% |
| Feed Barley (FOB Creil) |
196.00-198.00 | 0.51% |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
195.50-197.50 | 0.51% |
| 6RW Malting Barley (FOB Creil) |
184.00-186.00 |  |
| 2RS Malt (FOB Antwerp) |
394.50-396.50 | 0.31% |
| 6RW Malt (FOB Antwerp) |
380.50-382.50 | |
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) |
1,584.00-1,586.00 |  1.28% |
| Malting Barley (West) |
1,584.00-1,586.00 | 1.28% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,364.00-1,366.00 | |
| Malting Barley (West) |
1,364.00-1,366.00 | |
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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.
USA: Beer dollar sales grow to more than USD35 bln last year
...Click here
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The Czech Republic: Number of breweries exceeds 440
...Click here
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Vietnam: Habeco targets more than USD15 mln of revenue this year
...Click here
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USA: Trouble brewing in craft beer industry over government shutdown
...Click here
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World: USDA reduces forecasts for world barley trade, production in 2018/19
...Click here
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Zimbabwe: Delta Corporation records 24% revenue growth in nine months to December
...Click here
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Ukraine: Ukraine reduces barley exports in first half of marketing year 2018/19
...Click here
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Japan: Craft breweries and distilleries investing into their own unique take on whiskey
...Click here
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The Czech Republic: Beer in Prague the cheapest among all major cities in Europe
...Click here
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Japan & Australia: Suntory announces launch of Suntory Whisky Toki in Australia
...Click here
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Graph of the week
Table of the week
Germany Hop Production 2014-2018s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
14 January
1914 - Henry Ford introduces assembly line, for T-Fords
1935 - Oil pipeline Iraq-Mediterranean goes into use
1985 - British pound (£) sinks to record low-$1.11
15 January
1928 - 1st fully automatic photographic film developing machine patented
1987 - The New York Stock Exchange racks up daily volume of over a quarter-of-a-billion shares for the first time, as a total of 253.1 million shares are traded
2001 - Wikipedia, a free Wiki content encyclopedia, goes online
16 January
1868 - Refrigerator car patented by William Davis, a fish dealer in Detroit
1951 - World's largest gas pipeline opens (Brownsville Tx, to 134th St, NYC)
Agenda
February 2019:
08 - 10: Finest Spirits 2019 (Munich, Germany)
08 - 11: HoReCa 2019 (Athens, Greece)
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
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Brewery News
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USA: Beer dollar sales grow to more than USD35 bln last year
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Total U.S. beer dollar sales grew to more than $35 billion in 2018, according to retail data provider IRI, Brewbound reported on January 14.
The Chicago-based market research firm, which tracks category-wide sales at major off-premise retailers, reported a 1.8 percent increase in beer dollar sales, despite a 0.3 percent decline in volume sales at multi-outlet and convenience (MULC) stores (grocery, drug, club, dollar, mass-merchandiser and military) through December 30.
Dollar sales of domestic premium brands (Bud Light, Budweiser, Miller Lite, Coors Light, and others), declined 4.2 percent, to more than $12.6 billion last year.
Meanwhile, five segments — imports, craft beer, domestic super premiums, flavored malt beverages and cider — grew dollar sales in 2018. Dollar sales of imported beer, the beer category’s second-largest segment behind domestic premium, increased 7.4 percent, to more than $7 billion.
Dollar sales of craft beer increased 2.5 percent, to more than $4.2 billion, last year. However, sales decelerated from 2017’s increase of 5.6 percent. In fact, 17 of IRI’s top 30 craft brands posted dollar sales declines in 2018.
At the same time, three segments grew dollar sales double-digits in 2018. Sales of domestic super premiums were up 15.2 percent, to $2.9 billion, while sales of flavored malt
...More info on site
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The Czech Republic: Number of breweries exceeds 440
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By the end of 2018 the number of breweries in the Czech Republic exceeded 440, Euro.cz reported on January 11 citing the president of
...More info on site
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Vietnam: Habeco targets more than USD15 mln of revenue this year
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The Hà Nội Beer Alcohol and Beverage JSC (Habeco) has set a revenue target of more than VNĐ12 trillion (US$515 million) in 2019, 9
...More info on site
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USA: Trouble brewing in craft beer industry over government shutdown
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There's trouble brewing in the craft beer industry over the government shutdown, NBCNEws.com reported on January 12.
Because the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has been furloughed by the partial government shutdown, breweries have been unable to secure necessary approvals from the agency's tax and trade bureau — ranging from permits for new facilities to new labels on cans.
In a business dependent on releasing and marketing new beers regularly to quench its customers' expectations for novelty, those delays could potentially be financially devastating.
"It’s really that question mark that’s the scary part, because we don’t have that end in sight," Mariah Scanlon, brand manager for Smuttlab, a line from Smuttynose Brewing Company in Hampton, New Hampshire, told NBC News.
"You can’t develop a contingency strategy without knowing how long [the shutdown] is going to go on."
To ship beer over state lines, breweries need certificates of label approvals from the ATF's trade bureau for any new packaging or beer branding. Last year alone, the government agency processed 34,166 label applications for malt beverages, an average of 93.6 a day, according to the trade group, the Brewers Association.
Brewers producing new recipes that fall outside the bureau's pre-approved list also require a formula
...More info on site
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Zimbabwe: Delta Corporation records 24% revenue growth in nine months to December
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Zimbabwe’s largest beverage manufacturer, Delta Corporation, recorded 24% revenue growth driven by its beer business, while soft drinks volumes were down 26% in the
...More info on site
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The Czech Republic: Beer in Prague the cheapest among all major cities in Europe
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Beer is Prague is half as expensive as in Berlin and is the cheapest in any major city in Europe, Prague.tv reported on January 9.
At the same time, Czechs are the highest consumers of beer in the world, and are also among the highest spenders by percent of consumption expenditure on alcohol in Europe.
In Prague restaurants, beer is often cheaper than water on the menu. “While in Prague we have an average of more than five beers for Kč 200, in other major European cities it is often a maximum of two beers,” Adéla Denková, head of the analytical project Evropa v datech, said, according to daily Metro. The data was drawn from an analysis by Deutsche Bank.
“In the second place behind Prague was Warsaw with four pints and in third was Lisbon with three and a half. In Berlin you get about two and a half beers for [the equivalent of] Kč 200,” Denková added.
According to a recent survey of the Center for Public Opinion Research (CVVM), beer is consumed by 86 percent of Czech men and 49 percent of Czech women. Male drinkers consume it about three and a half times a week and drink about 7.6
...More info on site
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Barley News
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World: USDA reduces forecasts for world barley trade, production in 2018/19
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USDA in its January report reduced its forecast for the 2018/19 barley trade to 27.455 mln tonnes from 27.755 mln in December 2018.
Export forecast
...More info on site
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Ukraine: Ukraine reduces barley exports in first half of marketing year 2018/19
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Ukraine exported 3.13 mln tonnes of barley in the first half of MY 2018/19, or 18% less than in the same period last season (3.81 mln tonnes). Moreover, this is the smallest volume in five years, reports UkrAgroConsult.
As a reminder, as the country's barley crop has fallen to a six-year low, UkrAgroConsult forecasts its 2018/19 exports down 14%.
As before, the key destination for Ukrainian barley exports is Saudi Arabia. Despite the overall drop in exports, shipments to this country were up 28% year-on-year at 2.16 mln tonnes.
Exporters managed to boost shipments to Japan to 120 thousand tonnes compared with 34 thousand in the whole of MY 2017/18. China, though remaining a major buyer of Ukrainian barley, has reduced purchases almost by half this season, to 380 thousand tonnes against 789 thousand in MY 2017/18.
According to UkrAgroConsult’s estimates, Ukraine’s barley export potential has already been 85% realized.
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Whisky News
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South Korea: Whiskey sales drop 6.2% in 2018
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South Korea’s whiskey sales have been on a downward turn for the past decade amid sluggish domestic consumption, industry data showed on January 13.
According
...More info on site
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Japan: Craft breweries and distilleries investing into their own unique take on whiskey
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As inventories at Japan's big whisky makers run dry on a surge in demand, craft breweries and distilleries nationwide are making heavy investments to fill the gap with their own unique take on the spirit, the Nikkei Asian Review reported on January 12.
Many of these companies have never made whisky before, but they see big opportunities in the market.
Niigata Beer is spending 50 million yen ($450,000) to turn its warehouse into a whisky distillery, complete with its own still. The Niigata Prefecture-based company even bought 50,000 sq. meters in northern Japan to grow oak for casks.
"Our selling point will be a unique taste developed by a brewery," President Ken Usami said.
Kinryu, which makes shochu spirits in Yamagata Prefecture, kicked a new distillery into full gear in November. The facility produces whisky using the famed spring water from nearby Mount Chokai, aging the alcohol at least three years before it hits the shelf as early as 2021.
Kiuchi Brewery in Ibaraki Prefecture is renovating a former community hall for 400 million yen, with plans to start whisky production there around June. It will use locally grown wheat and rice to craft a product with a distinct regional character.
Domestic shipments of Japanese whisky
...More info on site
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Japan & Australia: Suntory announces launch of Suntory Whisky Toki in Australia
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House of Suntory has announced the launch of Suntory Whisky Toki, a blend of whiskies from the Hakushu, Yamazaki and Chita distilleries, in Australia, The Shout reported on January 15.
The new whisky, which will launch in Australia in February, is said to reflect Japan as a land of “contrasts” and “paradox”, both respecting tradition and challenging whisky convention in the way it is blended.
In particular, Suntory blends often use Yamazaki malts as their key component, but not so for Toki. Instead, House of Suntory’s fourth chief blender, Shinji Fukuyo, took a fresh approach for this whisky – selecting Hakushu American white oak cask malt whisky as one of the blends two pillars.
Hakushu American white oak – known for its unique freshness, mellowness and green apple notes – is complemented by Chita “heavy-type” grain whisky, adding a clean taste with notes of sweetness and vanilla.
Suntory says that by pairing these seemingly dissimilar whiskies, chief blender Fukuyo has “overturned the old relationship between malt and grain” and “created a blend that is both groundbreaking and timeless.”
To give the whisky greater complexity, Fukuyo also selected two Yamazaki malts (American white oak and Spanish oak) to add to the blend. The resulting whisky (43%
...More info on site
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