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Flash Summary
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E-Malt.com Flash 47b
November 21 - November 24, 2019
Quote of the Week
We choose our joys and sorrows long before we experience them.
Khalil Gibran
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Currency Rates
Base Currency: Euro
on November 22, 2019 |
Base Currency: US Dollar
on November 22, 2019 |
| |
1 EUR = 1.1073 USD
1 EUR = 0.8565 GBP
1 EUR = 1.4723 CAD
1 EUR = 1.6292 AUD
1 EUR = 120.2000 JPY
1 EUR = 4.6461 BRL
1 EUR = 70.5749 RUB
1 EUR = 7.7859 CNY
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1 USD = 0.9030 EUR
1 USD = 0.7735 GBP
1 USD = 1.3297 CAD
1 USD = 1.4713 AUD
1 USD = 108.5500 JPY
1 USD = 4.1961 BRL
1 USD = 63.7392 RUB
1 USD = 7.0318 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 22, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
156.50-158.50 |  |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | |
| Feed Barley (FOB Creil) |
157.00-159.00 | |
| 2RS Malt (FOB Antwerp) |
347.00-349.00 | |
| 6RW Malt (FOB Antwerp) |
349.50-351.50 | |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
174.50-176.50 | |
| 6RW Malting Barley (FOB Creil) |
168.00-170.00 | |
| 2RS Malt (FOB Antwerp) |
369.00-371.00 | |
| 6RW Malt (FOB Antwerp) |
361.00-363.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
175.50-177.50 |  0.25% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 | 2.55% |
| Malting Barley (West) |
1,204.00-1,206.00 | 2.55% |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
USA: Domestic beer sales see 2% drop over the first nine months of the year
...Click here
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Mexico: Heineken’s new brewery one of the most important greenfield projects in Mexico
...Click here
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Jamaica: Desnoes & Geddes new managing director aims at scaling up production, sales and profits, and reducing operating costs
...Click here
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EU: Final barley crop result seen at around 62 mln tonnes
...Click here
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China: Barley imports total 3.4 mln tonnes in January-July this year
...Click here
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South Africa: Distell not giving up its fight against AB InBev
...Click here
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Denmark: Alcohol consumption drops to 9.1 litres per capita in 2017
...Click here
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Australia: Scottish craft brewer BrewDog opens new production facility in Brisbane
...Click here
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Graph of the week
Table of the week
Slovenia Hops Area, Production, and Yield
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 November
1877 - Tom Edison announces his "talking machine" invention (phonograph)
1930 - 1st commercial crossing of Pacific by plane (China Clipper)
1977 - 1st flight of Concorde, London to New York
22 November
1906 - International Radio Telecommunications Com adopts "SOS" as new call for help
1927 - 1st snowmobile patent granted to Carl Eliason (Sayner Wisc)
1954 - Humane Society forms
2005 - Angela Merkel becomes the first female Chancellor of Germany
23 November
1863 - Patent granted for a process of making color photographs
1936 - 1st issue of Life, picture magazine created by Henry R Luce
1992 - 10,000,000 cellular telephone sold
24 November
1914 - Louis de Raet, Belgian economist/Flemish People Party, dies
1951 - British auto manufacturers Austin/Moris Motors merge
Agenda
November 2019:
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)
July 2020:
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Brewery News
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USA: Domestic beer sales see 2% drop over the first nine months of the year
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U.S. domestic tax-paid beer sales were 126 mln barrels (about 147 mln hl) in January-September 2019, down 2% for the year, H. M. Gauger
...More info on site
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Germany: Beer sales down 2% in January-September
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German beer sales in September were 7.12 mln hl, 5.4% better than a year ago, H. M. Gauger GmbH reported citing official statistics.
According
...More info on site
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Mexico: Heineken’s new brewery one of the most important greenfield projects in Mexico
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As far back as 2006 the potential for the launch of one of the most important greenfield projects in the history of Mexican brewing
...More info on site
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Jamaica: Desnoes & Geddes new managing director aims at scaling up production, sales and profits, and reducing operating costs
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Luis Prata has a reputation as a turnaround manager. But that is not his mission in Jamaica, the Jamaica Gleaner reported on November 22.
The new managing director of Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, has joined a company that is already seen as well run.
So Prata’s goal is to dramatically scale up production, sales and profits, and slash operating costs. And, like others before him, he is looking to the Jamaican Government to cut the company a break.
The pitch that Red Stripe is teeing up surrounds its estimations of the brewery’s cumulative value-added contribution to the Jamaican economy in revenues along the value chain, salaries and taxes, which Prata said totalled $21 billion last year, or roughly one per cent of Jamaica’s GDP.
Red Stripe, which was taken over by Dutch beermaker Heineken four years ago, says it generated $5 billion in margins for its trade partners locally, and created 446 direct jobs and 6,700 indirect ones, which it says is 0.5 per cent of the national workforce.
The bulk of that calculated value chain impact, the company says, goes towards government taxes, which amounted to $7 billion in 2014 and $11 billion in 2018.
It’s not the first
...More info on site
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South Africa: Distell not giving up its fight against AB InBev
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Brewer Distell’s attempt to get its rival, AB InBev, declared in breach of its merger conditions with SABMiller has fizzled out. But it’s not giving up just yet, The Africa Report said on November 19.
In its complaint lodged with the Competition Commission, Distell accused the merged entity of removing “competitors’ advertising material from outlets”. But the Competition Commission found that “the conditions had not been breached,” according to the Competition Tribunal.
Distell is pursuing the matter further with the Competition Tribunal.
Distell spokesperson, Dennis Matsane says the company has asked the Tribunal “to issue a notice of apparent breach of merger conditions and that the conduct relied on by Distell be fully investigated.”
In June 2016, the Tribunal granted conditional approval for the AB InBev and SABMiller tie-up in what was dubbed the “megabrew” deal. At the time, the transaction was valued at $100bn, resulting in the creation of the world’s biggest brewer with annual sales of $55bn.
Before the deal, AB InBev was the largest beer brewer globally, while SABMiller occupied second place. The transaction triggered competition concerns in multiple jurisdictions because AB InBev was the dominant brewer in the developed world, while SABMiller had conquered emerging markets.
The deal resulted in Budweiser, Stella
...More info on site
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Denmark: Alcohol consumption drops to 9.1 litres per capita in 2017
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While Danes were once in the vanguard of Europe's drinking statistics, the country’s alcohol consumption is now closer to that of its peers, The Local Denmark reports.
Over the past ten years, Denmark has seen one of the largest drops in alcohol consumption amongst OECD countries, from 12.1 litres of pure alcohol annually per adult (aged 16 and over) in 2007, to 9.1 litres in 2017.
As such, the Scandinavian country is now not far from the average consumption in the OECD countries of 8.9 litres, according to a new OECD report comparing health conditions in its 36 member states.
People in Denmark still pour considerably more beer, wine and spirits into their glasses than their Nordic counterparts, however.
Consumption per person is 6 litres in Norway, 7.1 in Sweden and 8.4 in Finland, the OECD report states.
“(Alcohol) consumption in Denmark is still too high. My concern is particularly for young people, who still have a high consumption,” said Karin Friis Bach, chairperson for the health committee of Danish Regions, the interest organization for Denmark’s five regional health authorities.
A study in June this year by Danish research institute Vidensråd for Forebyggelse (Knowledge Council for Prevention) showed that young people in Denmark start drinking alcohol
...More info on site
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Australia: Scottish craft brewer BrewDog opens new production facility in Brisbane
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Scottish craft brewer BrewDog has opened its A$30 mln ($20.4 mln) production brewery and taproom in Brisbane, Queensland, the Drinks Insight Network reported on November 21.
The DogTap Brisbane is reported to be BrewDog’s first in the Southern Hemisphere.
Queensland minister for state development and manufacturing Cameron Dick said: “BrewDog were looking to establish a brewery in Australia, but their final investment decision pitted Brisbane, Queensland against Newcastle, New South Wales.
“Craft brewing in Queensland continues to grow and thrive, and with BrewDog also selling local craft beers and planning collaborations in the future, our industry’s global reputation and reach will only go further.”
Dick added that the Queensland government has agreed to offer A$150 mln ($102 mln) to the Scottish brewer through its Advance Queensland Industry Attraction Fund.
To support and encourage local Queensland brewers, the brewery and taproom will also feature local beer brands such as Range Brewing, Balter, Currumbin Valley Brewery, Black Hops, Aether and Brouhaha.
Equipped with a line-up of nearly 28 taps, DogTap Brisbane will also offer non-alcoholic brews to its customers.
BrewDog Australia operations manager Calvin McDonald said: “When BrewDog started to look at establishing in Australia, the first thing we noticed was the exciting phase the Queensland craft brewing scene
...More info on site
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Barley News
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EU: Final barley crop result seen at around 62 mln tonnes
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The final EU barley crop result is close to 62 mln tonnes, 6 mln tonnes higher than in 2018, H. M. Gauger GmbH said
...More info on site
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China: Barley imports total 3.4 mln tonnes in January-July this year
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China’s barley imports in January-July were 3.4 mln tonnes, feed and malting. In the same period malt exports were 265 thousand tonnes, H. M.
...More info on site
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