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E-Malt.com Flash 16b April 18 - April 21, 2019
Quote of the Week
They always say time changes things, but you actually have to change them yourself.
Andy Warhol
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Currency Rates
Base Currency: Euro on April 19, 2019 |
Base Currency: US Dollar on April 19, 2019 |
|
1 EUR = 1.1258 USD
1 EUR = 0.8650 GBP
1 EUR = 1.5052 CAD
1 EUR = 1.5721 AUD
1 EUR = 125.9900 JPY
1 EUR = 4.4277 BRL
1 EUR = 71.9655 RUB
1 EUR = 7.5447 CNY
|
|
1 USD = 0.8882 EUR
1 USD = 0.7684 GBP
1 USD = 1.3370 CAD
1 USD = 1.3963 AUD
1 USD = 111.9300 JPY
1 USD = 3.9330 BRL
1 USD = 63.9245 RUB
1 USD = 6.7017 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
April 19, 2019 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
171.50-173.50 | 0.58% |
6RW Malting Barley (FOB Creil) |
172.00-174.00 | |
2RS Malt (FOB Antwerp) |
368.50-370.50 | 0.33% |
6RW Malt (FOB Antwerp) |
369.50-371.50 | |
Feed Barley (FOB Creil) |
162.00-164.00 | 1.21% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
183.50-185.50 | 0.55% |
6RW Malting Barley (FOB Creil) |
174.00-176.00 | 0.57% |
2RS Malt (FOB Antwerp) |
380.00-382.00 | 0.32% |
6RW Malt (FOB Antwerp) |
368.50-370.50 | 0.33% |
German Malting Barley Crop 2018 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
195.00-197.00 | 0.03% |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,404.00-1,406.00 | |
Malting Barley (West) |
1,404.00-1,406.00 | |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,304.00-1,306.00 | |
Malting Barley (West) |
1,304.00-1,306.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
China: Carlsberg completes construction of Jiangsu brewery
...Click here
|
Canada: CMBTC expects 5-10% increase in Canada’s barley seeded area this season
...Click here
|
Australia: GrainCorp warns of A$40 mln hit to half-year earnings, sources blame slowdown in China demand for barley
...Click here
|
France: Barley crop rating falls in week to April 15
...Click here
|
Ukraine: Ukraine grain outlook bolstered by trade disputes
...Click here
|
UK & Ireland: Big brewers betting big on non-alcoholic beer
...Click here
|
Kenya: EABL says no threat to beer supplies from ongoing dry weather
...Click here
|
Graph of the week
Table of the week
Australia Barley Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
18 April
1921 - Junior Achievement incorporated in Colorado Springs Colo
1948 - International Court of Justice opens at Hague Netherlands
1968 - London Bridge is sold to U.S. oil company to be erected in Arizona
19 April
1662 - Royal Society incorporates
1892 - Charles Duryea claims to have driven the first automobile in the United States, in Springfield, Massachusetts
1940 - 1st electron microscope demonstrated (RCA)
1948 - ABC-TV network begins
1971 - Launch of Salyut 1- the first space station
20 April
1926 - 1st check sent by radio facsimile transmission across Atlantic
1946 - The League of Nations officially dissolves, giving most of its power to the United Nations
1948 - 1st Polaroid camera was sold in US
1964 - BBC Two launches with a power cut because of the fire at Battersea Power Station
1973 - Canadian ANIK A2 becomes 1st commercial satellite in orbit
21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom
Agenda
April 2019:
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)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
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 output increases by 2.2% in 2018
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German breweries increased their output by 2.2 percent in 2018, an increase of 184 million litres, to 8.7 billion litres not including non-alcoholic beer,
...More info on site
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China: Carlsberg completes construction of Jiangsu brewery
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Danish brewer Carlsberg said it has completed construction of a 130 million yuan (US$19.1 million) production and warehouse facility in Jiangsu Province, the Shine
...More info on site
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South Korea: Beer imports up 4.5% in Q1 2019
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Imported beers are expanding their footprint in South Korea as more consumers choose foreign brands over domestic ones due to a mixture of taste
...More info on site
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UK & Ireland: Big brewers betting big on non-alcoholic beer
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Beer drinking is so ingrained in British (and Irish) life that any mention of choosing non-alcoholic versions of the stuff provokes ire. What is the point of drinking beer without booze in it, the sceptics ask, while others rail against the supposedly bad taste, the Irish Times reported on April 18.
Yet when Anna Brown, a 26-year-old consultant living in London, goes to the pub with colleagues, her drink of choice is a non-alcoholic lager called St Peter’s Without. “I still get to take part in the fun without compromising on things that are important to me,” she said, referring to her desire to avoid hangovers and cut back on calories.
While beer purists may recoil, more people are opting for low- and no-alcohol brews, and Europeans in particular have taken to the stuff.
Alcohol consumption is on the decline in many western countries as people seek healthier lifestyles and all things “wellness” remain firmly in fashion. In the UK, nearly a quarter of 16- to 24-year-olds say they do not drink alcohol, up from 19 per cent in 2005, and the increase is even greater among 25- to 44-year-olds, according to the Office for National Statistics. In the US, alcohol sales by
...More info on site
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Kenya: EABL says no threat to beer supplies from ongoing dry weather
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Kenya’s beer supply is safe for the rest of the year as EABL says it has enough grain stock to sustain production, The Star reported on April 18.
This means, the long drawn drought beer-lovers will still find their favourite brands at their locals throughout the year.
Speaking during a media briefing on April 17, the beer maker said despite the ongoing dry weather, the firm’s production was safe for the next nine months.
“With the delay in long rains, it is expected that some of our crop pockets may be affected in terms of yields, but this will not affect production,” East African Malting Ltd (EAML) general manager Lawrence Maina told The Star.
He said EAML, a subsidiary of EABL, has already set up a team to mitigate effects of the looming drought.
The continued dry weather is likely to affect the planting season for barley, which starts in May in some areas, but the company is confident that with barley planted in various highland areas, supply would not be affected.
Maina said the supply of sorghum would not be affected as it is a hardy crop and is grown in areas that do not receive a lot of rainfall.
“We are very keen
...More info on site
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Barley News
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Canada: CMBTC expects 5-10% increase in Canada’s barley seeded area this season
|
As seeding approaches in Western Canada, industry pundits are busy making forecasts for 2019 crop areas. The industry is projecting barley seeded area to rise given strong prices for feed barley, reasonable values for malting barley and very low overall barley carryout this year. The most recent Agriculture & Agri-Food Canada report, released April 16, forecasts barley area in Canada will increase by 14% in 2019 to 3.0 mln hectares (7.4 million acres), with production projected at 9.7 million tonnes.
Most people in the industry, however, expect a more modest increase in area, closer to 5-10%, with production expected to rise to between 9 – 9.5 million tonnes (compared with 8.4 million tonnes in 2018). At the CMBTC, they are expecting a 9% increase in area, with production forecast at 9.3 million tonnes.
In 2018, malting barley accounted for 56% of total barley seeded area in Western Canada, or 1.41 million hectares (3.5 million acres), with the balance in general purpose varieties (primarily feed). For 2019, the CMBTC expects both feed and malting barley area to rise, with malting barley area to account for 55% of barley seeded area in Western Canada, or 1.57 million hectares (3.9 million
...More info on site
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France: Barley crop rating falls in week to April 15
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FranceAgriMer in a weekly report on April 19 rated 77 percent of French winter barley as good/excellent, down from 79 percent a week earlier, while the equivalent spring barley rating fell to 89 percent from 91 percent.
The farm office said 81 percent of French soft wheat crops were in good or excellent condition by April 15, down from 83 percent a week earlier. That compared with 78 percent at the same stage last year.
For maize, 29 percent of the expected area for this year’s harvest had been sown, up from 16 percent a week earlier.
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Australia: GrainCorp warns of A$40 mln hit to half-year earnings, sources blame slowdown in China demand for barley
|
Australia's GrainCorp Ltd said on April 18 it will take a A$40 million ($28.7 million) hit to half-year earnings, blaming international trade tensions and
...More info on site
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Ukraine: Ukraine grain outlook bolstered by trade disputes
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Argus Media is reporting that the outcome of trade disputes between China and the US and Canada will be a key factor in determining Ukrainian export flows in the near future.
Negotiations between US and Chinese trade officials could draw to a close at the end of this month. Whatever the outcome, the end of the process is likely to dictate the direction of global grain prices and redirect international grain trade flows.
If a trade deal is reached, China will import up to 4.3 million tonnes per year of corn from the US, Chinese trading firm Donlink Grain and Oil's director Renault Quach said. If no deal is agreed, the offtake will be far lower, and this could open opportunities for Ukraine to further increase its market share in China. Ukraine has been the largest single corn supplier to China since 2015, and does have theoretical capacity to export more; its overall exports were around 4.5 million t below production in 2018–19, according to the US Department of Agriculture (USDA).
Trade tensions could also affect the fundamentals for barley. China could import feed barley, which it uses interchangeably with sorghum, from Ukraine should no agreement with the US be reached. China depends
...More info on site
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