If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?15129
E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

Last five Flashes

Jump  to http://www.firstkey.com

Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.

Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.

Last five prices evolution

Access to E-malt.com

Do you know

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!

E-malt.com Links!


If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com

If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.

You may recommend our site to your friend by clicking here.

If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.

from our mailing list.

Please take into consideration your registration data.

E-Malt.com Flash 12b
March 21 - March 24, 2019

Quote of the Week

There is more to life than beer alone, but beer makes those other things even better.
Stephen Morris

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)

Currency Rates

Base Currency: Euro
on March 22, 2019
Base Currency: US Dollar
on March 22, 2019
      1 EUR = 1.1392 USD
1 EUR = 0.8665 GBP
1 EUR = 1.5189 CAD
1 EUR = 1.5977 AUD
1 EUR = 126.0500 JPY
1 EUR = 4.3134 BRL
1 EUR = 72.6674 RUB
1 EUR = 7.6198 CNY
      1 USD = 0.8777 EUR
1 USD = 0.7606 GBP
1 USD = 1.3332 CAD
1 USD = 1.4023 AUD
1 USD = 110.6400 JPY
1 USD = 3.7862 BRL
1 USD = 63.7866 RUB
1 USD = 6.6886 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

March 22, 2019
French Barley/Malt
Crop 2018
2RS Malting Barley (FOB Creil) 170.50-172.50 down0.58%
6RW Malting Barley (FOB Creil) 168.00-170.00 -
2RS Malt (FOB Antwerp) 366.50-368.50 down0.33%
6RW Malt (FOB Antwerp) 364.00-366.00 -
Feed Barley (FOB Creil) 166.00-168.00up0.60%
French Barley/Malt
Crop 2019
2RS Malting Barley (FOB Creil) 180.50-182.50 -
6RW Malting Barley (FOB Creil) 170.00-172.00 down0.58%
2RS Malt (FOB Antwerp) 376.00-378.00 -
6RW Malt (FOB Antwerp) 363.50-365.50 down0.34%
German Malting Barley
Crop 2018
Ex Farm
Average Malting Barley Price 193.50-195.50 down2.00%
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
Malting Barley (East) 1,444.00-1,446.00 -
Malting Barley (West) 1,444.00-1,446.00 -
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
Malting Barley (East) 1,304.00-1,306.00 -
Malting Barley (West) 1,304.00-1,306.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news World: AB InBev CEO optimistic despite market challenges ...Click here
Brewery news Ukraine: Carlsberg Ukraine toasts net profit increase in 2018 ...Click here
Brewery news Bulgaria: Beer production up 1.6% in 2018 ...Click here
Brewery news India: Sale of Vijay Mallya’s confiscated shareholdings could go ahead soon ...Click here

Barley news Canada: Barley sales at home and abroad expected to be strong in 2018-19 ...Click here

Hops news USA: Hop stocks drop 2% from 2018 after three years of increases ...Click here

Whisky news Germany: German whisky distilleries now outnumber Scotland's ...Click here

More Industry News

Brewery news Luxembourg: Brewers invest in modernizing seeing growth potential in the market ...Click here
Brewery news Japan: Craft beer sector slowly getting busier ...Click here
Brewery news Malaysia: Heineken to hike prices despite very positive results last year ...Click here
Brewery news Canada: Brewers disappointed with new budget not stopping taxes from going up ...Click here
Brewery news India: United Breweries expects disruption to sales due to general elections ...Click here
Brewery news USA: MillerCoors sues AB InBev for corn syrup ad ...Click here

Graph of the week

Table of the week

EU Malt Exports

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


...because there is a method for fresh hops to analyse alpha acids. This method is applicable for fresh harvested cones, undried, meant for wet hopping. It addresses common problems with HPLC method development and explains general solutions. This makes it an applicable and robust method, using liquid-liquid extraction as sample preparation for also less-experienced analysts.


Schindler, R.: Quantification of Alpha-Acids in Fresh Hops by Reverse-Phase High-Performance Liquid Chromatography
Read more

Source: Barth Innovations

These Days in Business History

21 March
1868 - In London, the prospectus for the earliest known mutual fund is published as the Foreign and Colonial Government Trust offers its shares to the public for 85 pounds sterling
1906 - John D Rockefeller III is born, billionaire philanthropist (oil)
1986 - 199.22 million shares traded in New York Stock Exchange
1986 - Pittsburgh Associates buy Pittsburgh Pirates for $218 million

22 March
1895 - Auguste and Louis Lumiere show their 1st movie to an invited audience
1933 - Franklin D. Roosevelt makes wine and beer with up to 3.2% alcohol legal
1960 - 1st patent for lasers, granted to Arthur Schawlow and Charles Townes

23 March
1836 - Coin Press invented by Franklin Beale
1857 - Elisha Graves Otis installs the world's first safety elevator for passengers in the E.V. Haughwout and Co. store in New York City
1861 - London's 1st tramcars, designed by Mr. Train of New York, begins operating
1951 - Wages in France increase 11%

24 March
1867 - Metropolitan Life Insurance Co. forms
1898 - 1st automobile sold
1955 - 1st seagoing oil drill rig placed in service


March 2019:
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

BreweryBrewery News Brewery

Brewery newsWorld: AB InBev CEO optimistic despite market challenges
Anheuser-Busch InBev’s growing influence has revolutionised the international beer market. Today, even as the company lumbers under its own debts, the dreams of CEO ...More info on site

Brewery newsUkraine: Carlsberg Ukraine toasts net profit increase in 2018
Carlsberg Ukraine, one of the largest brewing companies in the country, in 2018 increased its net profit 1.5 times compared to 2017, to UAH1.634 ...More info on site

Brewery news India: Sale of Vijay Mallya’s confiscated shareholdings could go ahead soon
The sale of Vijay Mallya’s confiscated shareholdings in India could go ahead soon.

A special court hearing the Prevention and Money Laundering Act (PMLA) cases has given permission for a consortium of banks to sell equity holdings owned by the former head of United Spirits seized by the country’s Enforcement Directorate (ED), The Drinks Business reported on March 20.

Sources close to the bank consortium reckon that up to £1.7 billion could be raised in the sales, which would be more than sufficient to repay the banks the £1.15 billion they claim to be owed as a result of the failure of Mallya’s Kingfisher Airlines in 2012.

He has always contended that the sum owed is far less and that he has offered to repay the outstanding loans. He fled to the UK in March 2016 and is now awaiting the result of his appeal against extradition to India to face charges of fraud and money laundering.

Mallya personally held 7.91% stake in UB Holdings, his overall holding company, as of December 2016, but controlled the company through a web of family and other indirect holdings.

The shares seized include almost 16% of United Breweries, the country’s largest brewer. Heineken now exercises effective control of ...More info on site

Brewery newsBulgaria: Beer production up 1.6% in 2018
According to Bulgaria’s Customs Agency, the beer released for consumption in the country in 2018 was 5 560 000 hectolitres, which is a 1.6% ...More info on site

Brewery news Luxembourg: Brewers invest in modernizing seeing growth potential in the market
Beer is one of the few industries which has weathered the last century and even put Luxembourg on the world map. Delano examines how Luxembourg’s brewing industry is securing its future.

Luxembourg has a long brewing tradition dating back to at least 1300. At the industry’s height in the 1950s, the country boasted some 12 breweries. While today, that number has fallen to three large breweries and a handful of micro-breweries, brewers certainly see this industry as a “glass half-full” activity, investing millions in modernising their operations.

Belgian beer giant AB InBev inaugurated a new brewing facility in Diekirch for the Mousel and Diekirch pils brands on March 15. This €25 mln project, of which €12 mln went into constructing the new brewery building, was to provide a facility “for the next 100 years,” operational director Pierre Van Vynckt told Delano on March 15. The brewery was first founded in 1871 and continued a tradition begun by monks. Its founders purchased land close to the station in 1880 to expand its production and then constructed an entirely new industrial brewery in 1930. As the country is gripped in a housing shortage, the old brewery site will be transformed into flats and commercial ...More info on site

Brewery news Japan: Craft beer sector slowly getting busier
In 2014, Japan surprised the world when connoisseur Jim Murray made his pick for “World Whiskey of the Year.” Rather than something Scottish, or Irish, Murray gave a nod to the Japanese Yamazaki Single Malt Sherry Cask 2013, giving it a 97.5 out of 100, Forbes reported on March 19.

“Near incredible genius,” he wrote. “A single malt which no Scotch can at the moment get anywhere near.”

Since then, Japan has taken the whiskey world by storm, with critics heaping praise on houses like Nikka, Suntory, Kirin and Chichibu, the darling of Japan’s independent whisky scene. But for all their talent with whisky, the Japanese have yet to master another Western beverage: craft beer.

“The macro brews are of course still very popular,” said Ioanna Morelli, co-owner of Niseko-based Bar Gyu+ with her husband, Hisashi Watanabe. “Japan is a hot country in the summer time and the major players like Asahi and Kirin have 'super cold' or 'sub 0' pilsners that are really popular.”

In the past few years, a handful of Japanese craft breweries have opened around the country, to varying degrees of success.

“The good breweries are really good,” said Australian Mick Nippon, owner of beer and wine bar Mick’s Place, also ...More info on site

Brewery news Malaysia: Heineken to hike prices despite very positive results last year
Heineken Malaysia will be raising its product prices as a response to the ‘challenging environment’ in in country, despite reporting very positive results in its 2018 year-end financial report, BeverageDaily.com reported on March 20.

The company said that it was being ‘cautious’ about moving forward, citing factors such as intense competition, the new Sales and Service Tax (SST) being implemented last September, and a continued contraband beer concern.

“The external environment remains challenging,” Heineken Malaysia Managing Director Roland Bala said.

“Amidst slowing global growth rates, currency volatility and uncertainty in the commodity markets, we will need to adopt a cautious approach in cost management.”

Amongst these cost management actions is a hike in the company’s products, which it confirmed would be raised by a maximum of 5% by April 1.

This was in response to increases in operational costs, which would include raw materials and packaging prices.

Heineken Malaysia owns and operates many of the major beer and beverage brands in the country, including Heineken, Tiger, Guinness, Kirin and Kilkenny.

That said, Heineken announced commendable results in its 2018 financial report, with revenue rising to RM2.03 bln from RM1.87 bln the previous year, a growth of 8.3%.

Net profit also increased 4.6% to hit RM283 mln from RM270 ...More info on site

Brewery news Canada: Brewers disappointed with new budget not stopping taxes from going up
Brewers are disappointed that the 2019 Budget does nothing to stop taxes on beer, wine and spirits from going up yet again. Federal excise tax on all beverage alcohol products will automatically go up on April 1, the third increase in just 2 years. Budget 2019 fails to repeal the rigid and unfair escalator tax on Canadians, the Canada NewsWire reported on March 19.

Federal excise tax is a production tax on brewers that ends up costing Canadian beer drinkers. The tax is built into the price of every bottle of beer, wine or distilled beverage. Liquor board markups and sales taxes are layered on top. The annual hike in federal excise bumps up GST/PST/HST and other taxes, doubling and tripling the tax hit to wallets year after year and making beer less and less affordable.

In 2017, the federal government introduced legislation to increase federal excise yearly. This legislation allows the federal government to by-pass debate in Parliament and hide the annual tax increase from Canadians.

The price Canadians pay today for beer is already 47% tax on average. Half the price of a pint of beer is tax. Brewers asked the federal government to repeal its escalator ...More info on site

Brewery news India: United Breweries expects disruption to sales due to general elections
United Breweries, India's largest beer maker, expects demand and operations to be disrupted during the general elections as sale and consumption of liquor will be banned on and around the voting days, the Economic Times reported on March 18.

“Election is a big disruptor simply because there are a huge amount of restrictions on hours of operations, outlet closures and dry days. So it makes the business of alcohol much more complicated," said Shekhar Ramamurthy, managing director of Heineken-controlled UB.

The April 11-May 19 Lok Sabha (the lower house of India's bicameral Parliament) election will overlap with the Indian Premiere League cricket matches and the summer months, which have traditionally boosted demand for beer in the country. “It is not a question of dip in sales. It is a question of complexity in operations. For beer, the issue is that if the elections come in peak summer season, it is even a bigger disruptor,” Ramamurthy said.

The maker of Kingfisher beer controls half of the country’s beer market, which saw double-digit growth in 2018, helped by a favourable base year that was volatile due to the highway ban and the implementation of GST. UB now expects the industry to have a lower growth ...More info on site

Brewery news USA: MillerCoors sues AB InBev for corn syrup ad
A fight between beer giants escalated on March 21 after MillerCoors filed a lawsuit against Anheuser-Busch that accused its rival of trying to "frighten" consumers into switching to Bud Light with "misleading" Super Bowl ads, the Minneapolis Star Tribune reported.

MillerCoors said in the lawsuit filed in Wisconsin federal court that St. Louis-based Anheuser-Busch has spent as much as $30 million on a "false and misleading" campaign, including $13 million in its first commercials during this year's Super Bowl. The ad showed a medieval caravan pushing a huge barrel of corn syrup to castles for MillerCoors to make Miller Lite and Coors Light. The commercial states that Bud Light isn't brewed with corn syrup.

Chicago-based MillerCoors and Anheuser-Busch have the biggest U.S. market share at 24.8 percent and 41.6 percent, respectively, but they've been losing business in recent years to smaller independent brewers, imports, and wine and spirits, according to the Brewers Association.

Anheuser-Busch's ad drew a rebuke from the National Corn Growers Association, which thanked MillerCoors for its support. In its lawsuit, MillerCoors said it's "not ashamed of its use of corn syrup as a fermentation aid."

Corn syrup is used by several brewers during fermentation. During that process, corn syrup is broken ...More info on site

BarleyBarley News Barley

Barley news Canada: Barley sales at home and abroad expected to be strong in 2018-19
For 2018-19, Canada’s total domestic barley use is forecast to increase to 6.074 mln tonnes on higher feed and industrial use, Agriculture and Agri-Food Canada said in their March report.

Exports are forecast to remain strong (at 2.7 mln tonnes), although slightly lower than last year, due to strong international demand.

Carry-out stocks are forecast to decrease by 28% to 0.9 million tonnes that will be a record low level.

The average price of feed barley at Lethbridge for the crop year is expected to be C$255/t, about 12% higher than last year.

Similar to feed barley, the quality of the malting barley crop is variable. The extensive summer heat increased the protein content of the crop and lowered the weight of the crop, depending on the date of maturity and area, Agriculture and Agri-Food Canada reported.

The Lethbridge spot feed barley prices to-date have been about 18% higher than last year and Prairie malt prices have been 15-25% higher than last year.

World barley stocks are historically low as nearly all of the world major producers and exporters had smaller crops and, in many cases, quality was also lower than normal. World prices for feed barley have been very strong compared to ...More info on site

HopsHops News Hops

Hops news USA: Hop stocks drop 2% from 2018 after three years of increases
U.S. hop stocks totaled 165 million pounds on March 1, down 2% from 2018 after three years of increases.

“With any swing in the market, history has shown time and time again there is bound to be an overcorrection. This is a sign the market is balancing back out,” said Jaki Brophy, spokeswoman for the Hop Growers of America and the Washington Hop Commission, both in Moxee.

Washington state produced 73% of the nation’s hops in 2018, with Idaho at 15% and Oregon at 12%.

Production was pushed upward for years by 20% annual growth in the craft beer industry. But the growth of craft beer has slowed to 5% a year since 2015, resulting in the growth of hop inventories.

In December, Pete Mahony, vice president of supply chain and purchasing for John I. Haas Inc. in Yakima, said hop consumption appeared to be keeping pace with supply, a positive sign.

The industry hopes that’s the case, preventing oversupply and a downturn in prices, but there are a lot of variables, Ann George, administrator of Hop Growers of America and the Washington Hop Commission, said in December.

The supply of some aroma hop varieties is still expanding to meet craft brewery demand, while the supply ...More info on site

WhiskyWhisky News Whisky

Whisky newsGermany: German whisky distilleries now outnumber Scotland's
Bastian Heuser swirls the snifter of deep amber whiskey before taking a sip, noting its sweet caramel flavor that soon opens up with hints ...More info on site

Copyright © E-Malt s.a. 2018