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Flash Summary
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E-Malt.com Flash 38b
September 19 - September 22, 2019
Quote of the Week
More business is lost every year through neglect than through any other cause.
Rose Kennedy
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Currency Rates
Base Currency: Euro
on September 20, 2019 |
Base Currency: US Dollar
on September 20, 2019 |
| |
1 EUR = 1.1047 USD
1 EUR = 0.8844 GBP
1 EUR = 1.4665 CAD
1 EUR = 1.6256 AUD
1 EUR = 119.3300 JPY
1 EUR = 4.5610 BRL
1 EUR = 70.7687 RUB
1 EUR = 7.8386 CNY
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1 USD = 0.9051 EUR
1 USD = 0.8006 GBP
1 USD = 1.3275 CAD
1 USD = 1.4714 AUD
1 USD = 108.0100 JPY
1 USD = 4.1287 BRL
1 USD = 64.0611 RUB
1 USD = 7.0956 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 20, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
158.50-160.50 |  |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 | |
| Feed Barley (FOB Creil) |
150.00-152.00 |  0.67% |
| 2RS Malt (FOB Antwerp) |
349.00-351.00 | |
| 6RW Malt (FOB Antwerp) |
346.00-348.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
175.00-177.00 | 0.65% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 | 0.84% |
| Malting Barley (West) |
1,204.00-1,206.00 | 0.84% |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
India: AB InBev planning investment of R1,000 crore in its Indian subsidiary
...Click here
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World: Diageo expects to meet full-year organic sales targets
...Click here
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Canada: Molson Coors Canada opens new British Columbia brewery
...Click here
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Canada: Rains slow down barley harvest in most regions
...Click here
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USA & Mexico: Mexico's brewing expansion strengthens demand for US barley
...Click here
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Australia: Australians increase consumption of non-alcoholic, low and mid-strength beers
...Click here
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Russia: Barley exports drop by 15.6% in July-August 2018/19
...Click here
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India: Indian maltsters buy 55,000 tonnes of Argentinean barley for delivery by November
...Click here
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South Africa: South African Breweries launch new agricultural research and development facility in Caledon
...Click here
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Graph of the week
Table of the week
EU Barley Supply & Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 September
1849 - 1st commercial laundry established in Oaklan, California
1854 - Henry Meyer patents sleeping rail car
1876 - 1st carpet sweeper patented (Melville Bissell of Grand Rapids, Mich)
1887 - Dr. Graham Edgar, developer of the octane rating system, was born in Fayetteville, Arkansas, on this day
1888 - World's 1st beauty contest (Spa, Belgium)
20 September
1519 - Portuguese navigator Ferdinand Magellan sets sail from Spain in an effort to find a western sea route to the rich Spice Islands of Indonesia
1839 - 1st railroad in the Netherlands opens (Amsterdam-Haarlem)
1877 - Chase National Bank opens in NYC (later merges into Chase Manhattan)
21 September
1784 - The first daily newspaper in the United States, the Pennsylvania Packet and Daily Advertiser, begins publishing
1883 - 1st direct US-Brazil telegraph connection
1931 - The day after the Bank of England abandons the gold standard, U.S. stocks tumble
22 September
1893 - 1st auto built in US (by Duryea brothers) runs in Springfield
1910 - England's 1st aircraft flight
1988 - Canada begins production of a $5 silver Maple Leaf bullion coin
Agenda
September 2019:
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)
24 - 26: Warsaw Beer Festival 2019 (Warsaw, Poland)
29 - 13 November: World Beer Cup 2020 (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)
January 2020:
31 - 01 February: Braukunst Live! 2020 (Munich, Germany)
February 2020:
04 - 08: Great British Beer Festival Winter 2020 (Norwich, UK)
07 - 10: HoReCa 2020 (Athens, Greece)
07 - 09: Finest Spirits 2020 (Munich, Germany)
15 - 18: Beer Attraction 2020 (Rimini, Italy)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)
March 2020:
09 - 11: 107th Brewing and Engineering Congress 2020 (Rust, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
April 2020:
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)
May 2020:
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Brewery News
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India: AB InBev planning investment of R1,000 crore in its Indian subsidiary
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The world’s biggest beer maker, AB InBev, plans to invest ₹1,000 crore into its Indian subsidiary to consolidate its operations in the country, The
...More info on site
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World: Diageo expects to meet full-year organic sales targets
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Spirits maker Diageo Plc said on September 19 it was "not immune" to changes in global trade policies, but based on the current environment
...More info on site
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Canada: Molson Coors Canada opens new British Columbia brewery
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Molson Coors Canada has opened its new brewery in the Fraser Valley of British Columbia at Chilliwack, the Drinks Insight Network reported on September 18.
The C$300 mln (US$226.2 mln) brewery will have 100 staff members, joining the Molson Coors network of 29 breweries worldwide.
Molson Coors Canada president and CEO Frederic Landtmeters said: “This new modern brewery nestled at the foot of the Cascade mountain range of British Columbia in Chilliwack will proudly brew the Molson and Coors trademarks along with many other brands within our portfolio.
“This brewery will primarily serve our western Canadian markets positioned strategically in British Columbia to offer an efficient and effective modern brewery to compete in this important market.”
Announced in August 2016, construction works on the project began in April 2017.
During the construction phase, the project is said to have created more than 1,000 jobs in the region.
The facility incorporates technologies that consume less electricity, as well as reduce carbon footprint, the brewing company noted.
Commenting on the development, Chilliwack mayor Ken Popove said: “On behalf of Chilliwack City Council, it is a pleasure to officially welcome Molson Coors Canada to Chilliwack.
“Back in the 1890s, Chilliwack was home to the first successful hop-growing field in British Columbia
...More info on site
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Australia: Australians increase consumption of non-alcoholic, low and mid-strength beers
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Australian’s taste in beer is changing with non-alcoholic, low and mid-strength beers now accounting for around a quarter of all Carlton & United Breweries’ sales, B&T reported on September 18.
Carlton Zero is playing a role in helping drive the trend towards moderation: since launching a year ago it has sold more than 3.2 million litres in Australia.
Carlton Zero dominates non-alcoholic beer sales in bottle shops, driving up sales in the category by 14 times.
No, low and mid-strength beer now make up almost 25 per cent of the volume of beer sales for CUB – up from just 10 per cent five years ago.
Carlton Zero’s first birthday coincides with the Global Be(er) Responsible initiative, which is a worldwide effort by brewers, including CUB, to promote responsible consumption of beer.
CUB’s Chris Maxwell said the tastes of Australian beer lovers is changing.
“We launched Carlton Zero because beer lovers told us they wanted more opportunities to enjoy beer responsibly,” he said. “The popularity of Zero shows it’s becoming normal to consume non- alcoholic beer on many different occasions.”
“Research shows the most common reason people drink non-alcoholic beer is because they’re the designated driver, and we’re seeing this predominately in people aged 18-34. We think
...More info on site
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Barley News
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Canada: Rains slow down barley harvest in most regions
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There were widespread rains across the Canadian prairies last week, ranging from a trace to 50 mm, which slowed down the harvest for the majority of the regions, CMBTC reported on September 19.
This week, the forecast is for generally dry and warmer temperatures but some regions will be slowed down due to light showers that will likely stop or slow down harvest progress.
Most of Western Canada is drying out and farmers are taking every advantage of non-rain weather to harvest their crop. The cool, wet weather has taken its toll on the quality, causing significant degradation of the barley. Sprout/chitted seed has been reported to as high as 60% on the barley that has been harvested to-date.
Alberta
It was another wet week in parts of the province but there is little rain in the forecast and many regions are drying out. However the barley is still not dry in the fields and farmers continue to harvest tough barley and dry it on farm. The maltsters may have to entertain the possibility of accepting barley with up to 15.5% moisture. Not all farmers have access to dryers and barley is being harvested in the mid to upper
...More info on site
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USA & Mexico: Mexico's brewing expansion strengthens demand for US barley
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Mexico is now the world’s largest beer exporter in terms of both value and volume—and that growth is good news for U.S. barley farmers and malt producers who supply their main ingredient, the High Plains Journal reported on September 18..
To capture this demand growth, the U.S. Grains Council is strengthening existing supply-chain relationships and introducing new buying strategies through focused trade servicing activities, including a trade team mission to Idaho recently.
Mexican breweries rely on U.S. barley producers to be their main suppliers for imported barley. Mexico imported 269,000 metric tonnes (12.4 million bushels) of U.S. malted barley in the 2017-2018 marketing year, representing the single largest market, and one that continues to grow. Total Mexican beer sales are now worth more than $20 billion annually, with value rising sharply year-over-year.
All of the major breweries are making substantial investments in new brewing, malting and bottle manufacturing plants. This growth and investment represents additional demand for malted barley as well as barley for malt.
“Although Mexico is expanding local barley production, the malting industry cannot keep up with the demand from brewing plants,” said Javier Chavez, USGC marketing specialist in Mexico, who accompanied the team to Idaho. “With several new plants coming
...More info on site
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Russia: Barley exports drop by 15.6% in July-August 2018/19
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According to preliminary data, Russia exported 1.042 mln tonnes of barley in July-August 2019/20, or 15.6% less than in July-August 2018/19, Indiainfoline reported on September 19.
Almost 55% of Russia’s total barley exports were absorbed by Saudi Arabia - the pace of deliveries to this market is comparable with last year.
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India: Indian maltsters buy 55,000 tonnes of Argentinean barley for delivery by November
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Indian malt companies – Barmalt Malting India Pvt Ltd and United Breweries Ltd – have signed a contract to import around 55,000 tonnes of barley from Argentina at around $200 per tonne cost and freight, Cogencis reported on September 19 citing an official from one of the companies.
The imports are scheduled to reach Adani Port in Gujarat in the first week of November. However, the quantity being imported by these companies separately is unavailable, the official said.
In August, as per industry estimates, 65,000-75,000 tonnes of barley were imported by malt makers.
With the supply crunch in the domestic market, and the new crop arrivals scheduled to commence only from March, malt companies turned to importing the coarse grain to meet their requirements, owner of a Jaipur-based malt company said.
In addition, barley imports come out cheaper than buying the coarse grain from domestic markets, traders said.
In the benchmark market of Jaipur, the coarse grain was sold at 1,880 rupees per 100 kg on September 19.
Supplies in the market have almost dried up as stocks with farmers have ended, said Mahesh Gupta, owner of the Jaipur-based Swastik Broker.
According to the agriculture ministry's fourth advance estimate, India's barley output in 2018-19 is
...More info on site
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South Africa: South African Breweries launch new agricultural research and development facility in Caledon
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South African Breweries (SAB) on September 19 launched an R80 million agricultural research and development facility in Caledon in the Western Cape, which will pilot new farming techniques, technology, and crop varieties to accelerate agricultural development in the country, IOL reported.
The facility, which will have a critical focus on black emerging farmers was officially launched in conjunction with the national department of agriculture and is one of the largest privately-funded research and development facilities in South Africa.
All research output will be made freely available on a dedicated website, along with weather data, to ensure the benefits are spread as widely as possible to all farmers. Deputy Minister of Agriculture, Mcebisi Skwatsha, noted that Agriculture and Agro-processing industries play an important role in making a contribution towards economic growth, poverty alleviation and job creation. SAB’s efforts are an important part of this.
The company said with micro-breweries, a malting plant and laboratory on-site to test and enhance new varieties of barley for making beer, the centre will open new opportunities for farmers to improve yield and profitability, and for brewers to enhance flavour in their beverages.
The space is designed for collaboration in order to co-create innovative solutions with partners, including
...More info on site
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