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E-Malt.com Flash 10a March 04 - March 06, 2019
Quote of the Week
Fear can hold you prisoner. Hope can set you free.
Stephen King
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Currency Rates
Base Currency: Euro on March 06, 2019 |
Base Currency: US Dollar on March 06, 2019 |
|
1 EUR = 1.1319 USD
1 EUR = 0.8601 GBP
1 EUR = 1.5097 CAD
1 EUR = 1.5989 AUD
1 EUR = 126.6600 JPY
1 EUR = 4.2713 BRL
1 EUR = 74.4044 RUB
1 EUR = 7.5862 CNY
|
|
1 USD = 0.8834 EUR
1 USD = 0.7598 GBP
1 USD = 1.3338 CAD
1 USD = 1.4125 AUD
1 USD = 111.9000 JPY
1 USD = 3.7736 BRL
1 USD = 65.7344 RUB
1 USD = 6.7022 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
March 06, 2019 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
173.50-175.50 | 1.13% |
6RW Malting Barley (FOB Creil) |
171.00-173.00 | 1.15% |
2RS Malt (FOB Antwerp) |
370.50-372.50 | 0.66% |
6RW Malt (FOB Antwerp) |
367.50-369.50 | 0.66% |
Feed Barley (FOB Creil) |
165.00-167.00 | 0.60% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
179.50-181.50 | 1.10% |
6RW Malting Barley (FOB Creil) |
169.00-171.00 | 2.86% |
2RS Malt (FOB Antwerp) |
375.00-377.00 | 0.65% |
6RW Malt (FOB Antwerp) |
362.00-364.00 | 1.67% |
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) |
1,514.00-1,516.00 | 0.66% |
Malting Barley (West) |
1,514.00-1,516.00 | 0.66% |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,274.00-1,276.00 | 0.78% |
Malting Barley (West) |
1,274.00-1,276.00 | 0.78% |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Mexico: Grupo Modelo set to launch world’s second-largest brewery in terms of volume
...Click here
|
Australia: Australian brewers turning to LATAM markets
...Click here
|
Ethiopia: New 1.6 mln hl brewery coming to Ethiopia
...Click here
|
Indonesia: Brewer PT Delta Djakarta denies report on Jakarta administration acquiring additional shares in it
...Click here
|
UK: Carlsberg aims to take a slice of the premium market
...Click here
|
Romania: Ursus Breweries launches unpasteurized Ursus Tank beer
...Click here
|
Australia: Barley Australia gives malting barley accreditation to new variety RGT Planet
...Click here
|
Russia: Anti-Doping Agency no longer allowing athletes to drink beer and test for doping
...Click here
|
Graph of the week
Table of the week
Canada Barley Supply and Disposition as of February 2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
04 March
1902 - American Automobile Association, AAA, founded in Chicago
1977 - 1st CRAY 1 supercomputer shipped, to Los Alamos Laboratories, New Mexico
1991 - Bank of Credit and Commerce International divests itself of 1st American Bank
05 March
1558 - Smoking tobacco introduced in Europe by Francisco Fernandes
1868 - Stapler patented in England by C. H. Gould
1924 - Computing-Tabulating-Recording Corp becomes IBM
06 March
1899 - "Asprin" patented by Felix Hoffmann
1926 - Alan Greenspan, future chairman of the Federal Reserve, is born in New York City
1959 - At a press conference in New York City, Texas Instruments executives demonstrate a new device invented by one of the company's top engineers, Jack S. Kilby - the "integrated circuit"
Agenda
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:
04 - 06: Warsaw Beer Festival 2019 (Warsaw, Poland)
05 - 06: Helsinki Beer Festival 2019 (Helsinki, Finland)
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:
07 - 09: International Beer Strategies Conference 2019 (Dublin, Ireland)
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
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)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
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)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)
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)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
Brewery News
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Germany: Beer consumption totals 78 mln hl in 2018
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Germany now drinks two thirds of what it did in the 1970s. But expanding microbreweries and new attitudes shows it’s never been a better
...More info on site
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Mexico: Grupo Modelo set to launch world’s second-largest brewery in terms of volume
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The brewer of Corona beer is set to begin operating its eighth brewery in Mexico, the Mexico News Daily reported on March 5.
Grupo Modelo, owned by Belgium-based Anheuser-Busch InBev, has invested 14 billion pesos (US $726 million) in the new plant, located in Apan, Hidalgo.
The plant’s initial production will be as much as 1.2 billion litres of beer but it has the capacity to produce twice that amount, which would make it the second largest brewery in the world in terms of production volume.
AB InBev executive Carlos Lisboa said during an inauguration ceremony on March 4 that “the magic begins in the farmland and in our breweries. Starting today, not only will the best barley be harvested in Hidalgo, but the best beer will be produced here.”
Several of the company’s brands will be produced in Apan, including Corona, Stella Artois and Michelob. “I have no doubt that Hidalgo will become the land of beer,” said Lisboa.
Sixty per cent of the barley the firm purchases in the Altiplano region — the large plateau that occupies much of northern and central Mexico — is produced in Hidalgo.
The company also has breweries in Coahuila, Mexico City, Guadalajara, Oaxaca, Sinaloa, Zacatecas and Yucatán.
AB InBev’s
...More info on site
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Australia: Australian brewers turning to LATAM markets
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In the past five years, craft beer has gone from a niche interest to one of the fast moving consumer goods (FMCG) industry’s most profitable sectors. Beer may be in maturation, but a craft beer reinvention that’s packed with flavor, clever branding, and premium appeal has helped to boost sales around the world, and give the alcohol industry food for thought, Best in AU reported on March 5.
Typically brewed by independent and traditional brewers, the global craft beer market is now worth an eye-watering US$38,183 million and expected to grow at a compound annual rate of 14.1% between 2019 and 2023. As such, brewers around the world are increasing their distribution networks, investing in marketing and entering into new territories to sell their beer worldwide, with Europe, the United Kingdom, Australia, and the United States key drinkers.
With consumers happy to pay a premium for craft beer for its exotic or unusual flavour and unique branding, firms are tapping into lucrative markets with large middle classes, willing to splash the cash on a delicious drink. One of those markets is Latin America, with a range of trade agreements, growing demand and experience making it a favourite amongst exporters.
Around the world, businesses
...More info on site
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Ethiopia: New 1.6 mln hl brewery coming to Ethiopia
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Built with an investment of 1.5 billion birr (around $53.1 million) Kangaroo Plast, a local company, is set to introduce a new brewery to Ethiopia market, the New Business Ethiopia reported on March 5.
The new factory has the production capacity of 1.6 million hectolitres and 800,000 hectolitres of packaging capacity per year, according to Ephrem Yirga, Board Chairman of United Brewery and Kangaroo Plast.
“We used the most advanced technology of the industry. We used the technology of a well-known machine manufacturing German company known as Krones. The company has solely done all the manufacturing and installation of the machines from A to Z,” he said, indicating that the whole production system is fully integrated with SAP technology with modern waste management and treatment plant.
“…We have also allocated enough budgets to undertake corporate social responsibility activities benefiting the societies and the environment around the brewery… We are so lucky to find a high quality ground water, which doesn’t need that much treatment. Modgo is a very strategic location for us to easily access Addis Ababa market as well as the central part ad south eastern markets of the country,” he says.
The investment project initiated by the late Belachew Yirga of Kangaroo
...More info on site
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Indonesia: Brewer PT Delta Djakarta denies report on Jakarta administration acquiring additional shares in it
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Beer firm PT Delta Djakarta has denied a report that the Jakarta administration has acquired additional shares in the company, the Jakarta Post reported on March 2.
"Since the beginning, the Jakarta administration’s share in PT Delta Djakarta has been unchanged at 26.25 percent. There has been no increase,” Delta Djakarta president commissioner Sarman Simanjorang said as quoted by kompas.com on March 1.
The Indonesia Stock Exchange said on Feb. 25 in a report that the administration's shares in the company had risen by nearly 3 percent, from 23.33 percent to 26.25 percent.
Delta Djakarta produces various brands of beer, such as Anker, Carlsberg and San Miguel.
According to Sarman, the IDX report, which highlighted the apparent increase in the administration's shares, was the result of a merger between the administration and another shareholding unit owned by the administration, Equity Investment and Management Board (BP-IPM Jaya).
The administration controls 23.34 percent shares, while BP-IPM Jaya 2.91 percent.
Following BP-IPM Jaya’s dissolution, the shares automatically went to the administration.
During the 2017 gubernatorial election campaign period, Jakarta Governor Anies promised to sell the city’s stake in the beer company, citing that its ownership in the company did not contribute to the livelihood of Jakartans.
Anies also said
...More info on site
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UK: Carlsberg aims to take a slice of the premium market
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Retailers should site the newly-rebranded Carlsberg alongside more premium lagers, as the supplier takes measures to challenge the perception that the brew is an “old man’s beer”, betterRetailing reported on March 5.
Speaking at the re-launch of the brand in London, Liam Newton, vice president of marketing at Carlsberg, said it wanted to stop consumers comparing it to brands like Carling and Foster's, and instead see it on the same level as Amstel and Coors Light.
To achieve this, for the first time in over 20 years, it has changed the recipe and relaunched as Carlsberg Pilsner with an ABV of 3.8%.
“We acknowledge the fact that over the years, we have slipped in maintaining the best quality,” he admitted, adding: “The standard lager category has been a tough place to trade in, so to boost sales, we had to make the brew and packaging more appealing.
"Eighty-four per cent of shoppers are trading up and prepared to pay more, and we want to tap into this.”
Lynsey Woods, the company’s director of marketing, said in addition to the reformulation, it is introducing a new stem glass, which will be available to independent retailers in the coming months.
The rebrand also hopes to recruit
...More info on site
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World: AB InBev chairman to step down
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Anheuser-Busch InBev NV Chairman Olivier Goudet is stepping down to focus on his roles as managing partner and chief executive officer at JAB Holding Co., Bloomberg reported on March 5.
Goudet will resign at AB InBev’s shareholder meeting on April 24, the beer company said in an emailed statement.
“The board’s succession plan has been developed since last year and we have been working with Mr. Goudet on a smooth transition,” the company said. “His successor, along with new members of our board, will be announced in due course in the context of our annual shareholders meeting.”
Earlier, the Financial Times reported that Goudet was departing because of concerns of a conflict of interest, related to JAB’s 2018 acquisition of Dr Pepper Snapple Group Inc. in an $18.7 billion deal.
Goudet’s departure from AB InBev - the world’s largest beer company - illustrates the growing market sway that JAB has accumulated. The investment company, which counts the billionaire Reimann family among its backers, has gone on an acquisition spree in recent years, including restaurant chains such as Pret a Manger and Panera Bread Co.
In November, AB InBev and Keurig Dr Pepper debuted a pod-based cocktail machine that works similarly to Nestle SA’s Nespresso coffee
...More info on site
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Romania: Ursus Breweries launches unpasteurized Ursus Tank beer
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Ursus Breweries, the biggest beer producer in Romania, is launching Ursus Tank, the unpasteurized fresh beer which, through a new technology in Romania, is delivered in a very short time directly from the factory, the Business Review reported on March 6.
The beer arrives in the 24-hour factory at the selected partner locations (pubs, bars, restaurants) where beer tanks are installed and can thus provide customers with a non-pasteurized and freshly-produced Ursus Tank beer.
“This innovation brought by Ursus Breweries on the beer market in Romania allows us to put the essence of beer to its full potential: that “subtle” thing, quite difficult to describe but easy to recognize, called “freshness of taste”. How is this possible with your tank beer? Clear, freshly filtered and unpasteurized beer is transferred from the factory production line directly to the consumer locations via mobile tanks specifically developed for this transfer. Once in tanks in locations, beer is ready for consumption. It is kept carefully up to the moment of service, and the tanks in the locations are equipped with a technology that allows optimal temperature maintenance. The beer is optimally preserved and shielded from light all the way, from the “hidden tap” in the
...More info on site
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Russia: Anti-Doping Agency no longer allowing athletes to drink beer and test for doping
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The Russian Anti-Doping Agency (RUSADA) is no longer allowing athletes to drink beer and test for banned substances, the Yahoo Sports reported on March 1.
Russian anti-doping agency deputy CEO Margarita Pakhnotskaya told the Associated Press athletes would drink a post-race beer to help their dehydrated bodies produce a urine sample for drug tests. Alcohol suppresses the production of an anti-diuretic hormone, meaning the body produces more urine than it normally would.
Now, Pakhnotskaya said, they will have to drink water to help aid the process due to “aggressive” athletes and the impact on the test results.
"It is not very good for athletes' behavior at doping control, politeness and following the rules," she told the AP. "They'd be rude, a bit aggressive."
She told TASS, the Russian News Agency, track and field athletes were the ones most likely to drink beer before tests.
Per the AP, the agency found that pre-test beer can interfere with the results of the “athlete biological passport” program. Initiated by the World Anti-Doping Agency (WADA), the objective of the “athlete biological passport” is to monitor variables of an athlete’s body that will over time show the effect of doping. It includes panels of markers that look at such patterns
...More info on site
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Barley News
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Australia: Barley Australia gives malting barley accreditation to new variety RGT Planet
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The Board of Barley Australia has announced the successful accreditation of RGT Planet as a malting barley variety.
RGT Planet was submitted by Seed Force and accredited as malting barley following the evaluation trials conducted in association with the Malting and Brewing Industry Barley Technical Committee (MBIBTC) assessment under the Barley Australia malting barley evaluation process.
RGT Planet was entered into the program as a high yielding spring barley with a robust agronomic profile. It is most suited to producing malt for brewers with a high fermentability and thus will be well matched for many domestic and export markets.
As with all previous accreditations, it is the market that will determine the success of this new variety. The Barley Australia malting barley evaluation and accreditation process is recognised as the required standard for the determination of malting barley for all new Australian malting barley varieties.
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