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E-Malt.com Flash 24a June 10 - June 12, 2019
Quote of the Week
The best advice I ever got was that knowledge is power and to keep reading.
David Bailey
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Currency Rates
Base Currency: Euro on June 12, 2019 |
Base Currency: US Dollar on June 12, 2019 |
|
1 EUR = 1.1168 USD
1 EUR = 0.8755 GBP
1 EUR = 1.5042 CAD
1 EUR = 1.6236 AUD
1 EUR = 122.6600 JPY
1 EUR = 4.5433 BRL
1 EUR = 72.2160 RUB
1 EUR = 7.7171 CNY
|
|
1 USD = 0.8953 EUR
1 USD = 0.7839 GBP
1 USD = 1.3469 CAD
1 USD = 1.4537 AUD
1 USD = 109.8300 JPY
1 USD = 4.0682 BRL
1 USD = 64.6649 RUB
1 USD = 6.9102 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
June 12, 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) |
162.00-164.00 | |
2RS Malt (FOB Antwerp) |
369.50-371.50 | 0.33% |
6RW Malt (FOB Antwerp) |
358.00-360.00 | |
Feed Barley (FOB Creil) |
163.00-165.00 | |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
183.50-185.50 | 0.55% |
6RW Malting Barley (FOB Creil) |
171.00-173.00 | 1.18% |
2RS Malt (FOB Antwerp) |
380.00-382.00 | 0.32% |
6RW Malt (FOB Antwerp) |
364.50-366.50 | 0.68% |
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) |
1,324.00-1,326.00 | 3.64% |
Malting Barley (West) |
1,324.00-1,326.00 | 3.64% |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,344.00-1,346.00 | 2.18% |
Malting Barley (West) |
1,344.00-1,346.00 | 2.18% |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Brazil: Number of breweries in Brazil reaches 1,000
...Click here
|
World: Barley trade forecast unchanged, production down in USDA’s June report
...Click here
|
France: Winter barley production expected to increase by 4.6% this year
...Click here
|
Australia: Barley area, production expected to rise in 2019-20
...Click here
|
Canada: Weather mostly dry in Canada’s barley-growing regions
...Click here
|
UK: Value of whisky sales expected to reach £2.4 billion within the next three years
...Click here
|
Ireland: Diageo to open Roe & Co. distillery in Dublin this month
...Click here
|
Romania: Romania’s leading brewer invests EUR22 mln to expand capacity
...Click here
|
Gambia: Banjul Breweries loses 13 mln dalasi due to excise tax hike
...Click here
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Graph of the week
Table of the week
UK Unroasted Malt Exports 1995 - 2018
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 June
1977 - Apple Computer ships its 1st Apple II
1994 - Biggest European clock ever (9100 kg/(237) 2.5 m) at Aarle-Rixtel
1996 - Intel releases 200 mhz pentium chip
2002 - The first direct electronic communication experiment between the nervous systems of two humans is carried out by Kevin Warwick in the United Kingdom
11 June
1644 - Florentine scientist describe invention of barometer
1742 - Benjamin Franklin invents his Franklin stove
1816 - Gas Light Co of Baltimore founded
1998 - Compaq Computer pays US$9 billion for Digital Equipment Corporation in the largest high-tech acquisition
12 June
1849 - Gas mask patented by Lewis Haslett, Louisville, Kentucky
1928 - After more than 130 years of trading, the New York Stock Exchange finally has its first day on which more than 5 million shares trade hands, as total daily volume hits 5,252,425 shares
1972 - The fast food restaurant chain Popeyes is founded in Arabi, Louisiana
1991 - Microsoft releases MS DOS 5.0
1994 - The Boeing 777, the world's largest twinjet, makes its first flight
Agenda
June 2019:
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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Brazil: Number of breweries in Brazil reaches 1,000
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Brazil’s Ministry of Agriculture, Livestock and Food Supply announced that the number of breweries in the country reached 1,000 last week, Catalisi.com reported.
On average,
...More info on site
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Italy: Italy sets new record for beer consumption
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Italy set a new record for beer consumption in 2018, exceeding the threshold of 20 million hectolitres (+3.2% year-on-year), according to AssoBirra's 2018 annual
...More info on site
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Romania: Romania’s leading brewer invests EUR22 mln to expand capacity
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Ursus Breweries, Romania’s largest beer producer, has completed an investment of EUR22 million in expanding the capacity of its factories in Brasov and Timisoara, Robert Uzuna, a director of the company, announced at an event at Brasov, local News.ro reported.
Ursus Breweries is part of Japanese group Asahi, which took over the company from SABMiller in 2017 as part of a regional deal covering the South African group’s assets in Europe.
The production capacity has increased in line with market demand, the company’s official commented. “One of three beers consumed in Romania comes from our portfolio,” he added.
Ursus Breweries is the largest beer producer in Romania. It produces local brands Ursus, Timisoreana, Ciucas, Azuga Nepasteurizat, and distributes international brands Peroni Nastro Azzurro, Asahi Super Dry, Pilsner Urquell, Grolsch, St. Stefanus, Meantime, Oak and Kingswood Cider.
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Gambia: Banjul Breweries loses 13 mln dalasi due to excise tax hike
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Borri Darboe, commercial manager for Banjul Breweries Limited has unveiled that his company has lost about thirteen millions dalasi (around USD260,500) due to the exercise tax increment from 10% to 75%, the Voice Gambia Newspaper reported on June 12.
“We have lost almost D13 millions in May; so this is not a joking matter. The government needs to understand that. This is one of the biggest companies in the country. We are paying almost fourteen different types of taxes to government,” he said.
He added: “A company that is paying huge tax is a great partner to government. It should be taken seriously and be protected to ensure the government continues receiving its taxes from the company. Allowing the company to close would be detrimental to national development.”
Darboe revealed that between January and May 2019 the company paid taxes of about D124 million.
“My volume is really going down because in May 2019 instead of government receiving D16.6 million on tax from us, they received D7.1 million from us, this indicates that we are dropping,” he pointed out.
He further stated that in April 2019 the company paid D4.6 million value added tax (VAT) and it dropped in May 2019 to
...More info on site
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Barley News
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World: Barley trade forecast unchanged, production down in USDA’s June report
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USDA’s forecast for global barley trade in 2019-20 is unchanged in their June report – at 27.96 mln tonnes vs. 26.362 mln in 2018-19.
Production
...More info on site
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France: Winter barley production expected to increase by 4.6% this year
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France’s farm ministry said on June 11 the nation’s winter barley production this year is expected at 8.5 million tonnes. That was up 4.6%
...More info on site
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Australia: Barley area, production expected to rise in 2019-20
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Area planted to barley in Australia is forecast to increase by 12% to 4.2 million hectares in 2019-20, ABARES said in its latest report
...More info on site
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Canada: Weather mostly dry in Canada’s barley-growing regions
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The Canadian Prairies remain mostly dry in the barley growing regions. Soil moisture reserves declined sharply in Saskatchewan, while Manitoba and Alberta have better soil moisture supplies at this time, CMBTC said in their latest report in June.
Rain is definitely needed across the Prairies, as heat and dryness impact crops, especially in Saskatchewan. This province has the greatest need for moisture before irreversible damage is done. While some areas of the northwest have rain in the forecast, most of the province has little in the way of precipitation expected in the coming week and as a result can expect to start to see serious crop damage in some areas.
The long-term forecast indicates a reduction in the present dryness with more rain in late June and July, which would be ideal for crop growth, but it will be too late by then if rain does not materialize in very short order.
Alberta
Overall the crops have maintained the status quo, however additional precipitation would go a long way in moving the crop forward.
• Southern region (Strathmore, Lethbridge, Foremost): This region remains the best area to date, as it has received some moisture and this has promoted good crop development.
...More info on site
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Whisky News
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Ireland: Diageo to open Roe & Co. distillery in Dublin this month
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Irish whiskey Roe & Co. is set to open its new, €25 million ‘urban distillery’ in the former Guinness Power Station at St James’s Gate in Dublin this month, Scotchwhisky.com reported on June 10.
The distillery, which is situated in Dublin’s Liberties district, will mainly produce double and triple-distilled single malt on three copper pot stills, although it also has the ‘flexibility to experiment with mashbills’, including making single pot still whiskey.
The opening marks a return to Irish whiskey production for owner Diageo, which sold Bushmills distillery in Northern Ireland to Jose Cuervo in 2014.
In 2017 Diageo launched the Roe & Co. brand as a blended Irish whiskey named after George Roe, an influential 19th century whiskey distiller.
The Roe & Co. distillery began the production of malt spirit last week, ahead of its official opening to visitors on 21 June.
Distillery tours will involve ‘fun and flavour’, with visitors taking the ‘boutique experience’ requested to clock in and out as if they were commencing a shift at the power station.
As well as a guided tour through the production facility, visitors can explore the world of flavour and discover their favourite whiskey cocktail in Room 106.
Gráinne Wafer, global brand director for Roe &
...More info on site
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UK: Value of whisky sales expected to reach £2.4 billion within the next three years
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The value of whisky sales in the UK is expected to grow to £2.4 billion within the next three years, according to new figures,
...More info on site
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