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E-Malt.com Flash 18b May 02 - May 05, 2019
Quote of the Week
A little bit of beer is divine medicine.
Paracelsus, Greek physician
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Currency Rates
Base Currency: Euro on May 03, 2019 |
Base Currency: US Dollar on May 03, 2019 |
|
1 EUR = 1.1192 USD
1 EUR = 0.8581 GBP
1 EUR = 1.5055 CAD
1 EUR = 1.5959 AUD
1 EUR = 124.8300 JPY
1 EUR = 4.4090 BRL
1 EUR = 72.9209 RUB
1 EUR = 7.5361 CNY
|
|
1 USD = 0.8934 EUR
1 USD = 0.7666 GBP
1 USD = 1.3452 CAD
1 USD = 1.4259 AUD
1 USD = 111.5100 JPY
1 USD = 3.9395 BRL
1 USD = 65.1558 RUB
1 USD = 6.7336 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
May 03, 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) |
168.00-170.00 | 0.59% |
2RS Malt (FOB Antwerp) |
369.00-371.00 | 0.33% |
6RW Malt (FOB Antwerp) |
365.00-367.00 | 0.34% |
Feed Barley (FOB Creil) |
158.00-160.00 | 1.24% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
185.50-187.50 | 0.54% |
6RW Malting Barley (FOB Creil) |
177.00-179.00 | |
2RS Malt (FOB Antwerp) |
382.50-384.50 | 0.32% |
6RW Malt (FOB Antwerp) |
372.00-374.00 | |
German Malting Barley Crop 2018 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
193.00-195.00 | 0.22% |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,394.00-1,396.00 | |
Malting Barley (West) |
1,394.00-1,396.00 | |
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.
Ecuador: Heineken acquires Ecuador’s brewer Biela y Bebidas
...Click here
|
USA: Growing number of craft breweries not locking in long-term hops contracts
...Click here
|
Australia & China: Australia plants barley amid continuing China price probe
...Click here
|
India: Brewers likely to use imported barley to offset domestic production shortage
...Click here
|
World: Hop acreage expected to rise by almost 3% this year
...Click here
|
USA: Constellation Brands acquires majority stake in Tennessee-based Nelson’s Green Brier Distillery
...Click here
|
India: United Breweries plans to sell 2 mln cases of Amstel this fiscal year
...Click here
|
Graph of the week
Table of the week
North America's Barley Imports, Production, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 May
1896 - The Dow Jones Industrial Average is first published
1913 - William R. Hewlett, co-founder of Hewlett-Packard Co., is born in Ann Arbor, Mich
1985 - Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.
1998 - The European Central Bank is founded in Brussels in order to define and execute the European Union's monetary policy
03 May
1830 - 1st regular steam train passenger service starts
1919 - America's 1st passenger flight (New York - Atlantic City)
1965 - 1st use of satellite TV, Early Bird Satellite
04 May
1626 - Indians sell Manhattan Island for $24 in cloth and buttons
1878 - Phonograph shown for 1st time at Grand Opera House
1959 - The 1st Grammy Awards are held
1979 - The first modern leveraged buyout using high-yield junk bonds -- a $381 million deal to take Houdaille Industries private -- is completed by Kohlberg, Kravis, Roberts & Co
05 May
1715 - French manufacturer debuts 1st folding umbrella (Paris)
1921 - Miniature newspaper published (Brighton Gazette 10 x 13 cm)
1949 - Council of Europe forms
Agenda
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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World: Carlsberg delivers 9.3% rise in Q1 revenue
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Carlsberg AS on May 2 backed its full-year guidance after delivering a 9.3% rise in first-quarter revenue, as all of its markets made a
...More info on site
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Ecuador: Heineken acquires Ecuador’s brewer Biela y Bebidas
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Heineken N.V. announced on May 2 that it has acquired a majority stake in Biela y Bebidas del Ecuador S.A. from a group of
...More info on site
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USA: Growing number of craft breweries not locking in long-term hops contracts
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A growing number of U.S. craft breweries are not locking in long-term hops contracts and that leaves those companies vulnerable as supply tightens, according to industry trade group the Brewers Association (BA), which surveyed 250 members to gain insight into how beer makers are managing one of the industry’s most important raw materials.
Speaking during a Power Hour webinar on April 30, BA supply chain specialist Chris Swersey said U.S. craft brewery owners need to lock in hop contracts or they risk missing out on accessing popular varieties.
Over the last two years, the number of breweries contracting for hops has declined significantly, according to the BA’s annual “Hop Survey.” In fact, just 63 percent of BA-defined craft breweries contracted for hops in 2018, down from 89 percent in 2017 and 96.6 percent in 2014.
Many of those companies make fewer than 2,500 barrels a year, the organization said, and have enjoyed somewhat easier access to a variety of hops at a time when supply outpaced demand. In 2018, just 45 percent of companies making fewer than 2,500 barrels per year contracted for hops, down from 71 percent in 2017 and 89 percent in 2016.
“This is a huge alarm bell for me and
...More info on site
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New Zealand: Moa Group narrows trading loss in H2
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Moa Group says it narrowed its trading loss in the second half of the financial year as it works towards breaking even after seven years of red ink since the beer brewer listed, Newsroom reported on May 2.
The company said its trading loss was NZ$600,000 in the six months ended March 31, excluding one-off costs, such as the undisclosed bill associated with the NZ$13 million acquisition of hospitality firm Savor Group. That implies Moa will report an annual trading loss of about NZ$2 million, compared to a loss of NZ$2.5 million in the March 2018 year.
Sales were up 15 percent for the year, implying revenue of NZ$12 million compared to the NZ$10.5 million a year earlier. The company said three of the last six months of trading were in profit.
"Moa Brewing Company continues to build toward break-even on a standalone basis, as demonstrated in recent summer months," executive chair Geoff Ross said in a statement.
The company has yet to turn a profit since its controversial listing in late 2012, when it included advertising in its investment statement and photographs of young women in skimpy outfits drinking beer. It sold shares at NZ$1.25 apiece, raising NZ$15 million to expand its Nelson
...More info on site
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UK: UK drinking less volume but more alcohol
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It’s often said that the UK is consuming less when it comes to the volume of drinks, but the country may be imbibing more alcohol, The Drinks Business reported on April 30.
Those in the UK trade will know well the phrase, “less but better” when it comes to the world of alcoholic drinks, which is regularly used to sum up an overall trend of reducing alcohol consumption, but a move to more upmarket products.
Such a shift may be within categories, such as from lager to craft beers, blush rosé to dry Provençal pink, light Chianti to juicy Malbec, or cheap vodka to artisanal gin, and in all cases, there is move up in terms of price as well as alcohol by volume (ABV).
But more recent trends have also shown a switch across categories, with British drinkers moving from lighter drinks such as beer and wine to spirits, above all gin.
And it is this latter development that may mean that overall the UK is now drinking more pure alcohol than it was a decade ago.
As a result, having considered the major trends in the UK market at a Vinexpo briefing earlier this year, Mark Meek, who is CEO of the IWSR,
...More info on site
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India: United Breweries plans to sell 2 mln cases of Amstel this fiscal year
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India's largest beer maker United Breweries Ltd plans to sell about two million cases of Amstel brand beer this fiscal and also enter the craft beer segment, the Weekend Leader reported on May 2 citing a senior official.
"Newer segments are emerging in the beer segment on price points. The Amstel brand beer is positioned as accessible premium brand priced about Rs 10-15 above the mass premium brand segment," said Gurpreet Singh, Divisional Vice President Marketing, on May 2.
"We will be launching Amstel beer in Andhra Pradesh, Rajasthan, Delhi, Maharashtra and also in the Eastern markets so as to have a national foot print," Singh said.
He said United Breweries hopes to sell about two million cases of Amstel beer by the end of this fiscal.
He said the company has launched the brand in Karnataka, Puducherry and Kerala with Tamil Nadu being the latest market.
Singh said Tamil Nadu is a strong beer market so, Amstel beer is launched early before other markets.
Speaking about the bottled craft beer segment (beer made in non-mechanised manner), Singh said it is a very small and an emerging market.
"The craft beer may account about one per cent of the total beer market in India, but occupies the
...More info on site
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Barley News
|
Australia & China: Australia plants barley amid continuing China price probe
|
Farmers across Australia are forging ahead with their barley plantings, while China forges ahead with its anti-dumping investigation into Australian barley shipped in years
...More info on site
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India: Brewers likely to use imported barley to offset domestic production shortage
|
Breweries in India are likely to use imported barley this season to offset a shortfall in domestic production of the cereal, the Economic Times
...More info on site
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Hops News
|
World: Hop acreage expected to rise by almost 3% this year
|
During the recent meeting of the International Hop Growers' Convention (IHGC) on April 26, first official estimates on the development of world acreage were
...More info on site
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Whisky News
|
USA: Constellation Brands acquires majority stake in Tennessee-based Nelson’s Green Brier Distillery
|
Constellation Brands has acquired a majority stake in Nelson’s Green Brier Distillery, a Tennessee-based whiskey producer, marking the first time one of the company’s venture capital investments has been fully integrated into the company’s wine and spirits portfolio, FoodBev.com reported on May 2.
Constellation made its initial minority investment in the distillery through its venture capital arm in 2016, and the company decided to increase its stake after three years of collaboration with the distillery.
According to the company, the collaboration broadened Constellation’s knowledge of the craft whiskey space, and the acquisition of a majority stake has enhanced its presence in the high-end spirits space.
Nelson’s Green Brier was initially founded in 1860 but was forced to close following the introduction of prohibition in Tennessee in 1909. The distillery was then reconstructed in 2014 by Andy and Charlie Nelson, who began producing a whiskey using the distillery’s original recipe.
This is the latest investment in the premium spirits space, following on from the purchase of a minority stake in US-based Black Button Distilling earlier this year, which was also conducted through Constellation’s venture capital arm.
Constellation’s president and CEO Bill Newlands said: “Our ventures group was created to identify up-and-coming brands, and we’re excited about
...More info on site
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