If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?15957
E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


Jump  to http://www.firstkey.com

Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 08b
February 20 - February 23, 2020

Quote of the Week

It's always too early to quit.
Norman Vincent Peale

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on February 21, 2020
Base Currency: US Dollar
on February 21, 2020
      1 EUR = 1.0796 USD
1 EUR = 0.8375 GBP
1 EUR = 1.4300 CAD
1 EUR = 1.6279 AUD
1 EUR = 120.6900 JPY
1 EUR = 4.7240 BRL
1 EUR = 68.9320 RUB
1 EUR = 7.5763 CNY
      1 USD = 0.9262 EUR
1 USD = 0.7757 GBP
1 USD = 1.3246 CAD
1 USD = 1.5078 AUD
1 USD = 111.7800 JPY
1 USD = 4.3759 BRL
1 USD = 63.8518 RUB
1 USD = 7.0179 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


February 21, 2020
French Barley/Malt
Crop 2019
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 160.50-162.50 up1.89%
6RW Malting Barley (FOB Creil) 160.00-162.00 down1.23%
Feed Barley (FOB Creil) 161.00-163.00down0.61%
2RS Malt (FOB Antwerp) 354.00-356.00 up1.05%
6RW Malt (FOB Antwerp) 353.50-355.50 down0.69%
French Barley/Malt
Crop 2020
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 173.50-175.50 up0.58%
6RW Malting Barley (FOB Creil) 171.00-173.00 -
2RS Malt (FOB Antwerp) 367.50-369.50 up0.34%
6RW Malt (FOB Antwerp) 364.50-366.50 -
German Malting Barley
Crop 2019
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 170.50-172.50 down0.66%
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,174.00-1,176.00 -
Malting Barley (West) 1,214.00-1,216.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Malt news Russia: Malt sales up by 4.1% in 2015-19 ...Click here
Malt news Ireland: Malt imports increase to 68,591 tonnes in 2019 ...Click here

Brewery news Malaysia: Carlsberg Brewery Malaysia sees 5% increase in 2019 net profit ...Click here
Brewery news Myanmar: Myanmar Brewery’s operating profit up 27.8% in 2019 ...Click here
Brewery news India: AB InBev’s Indian unit wants to grow premium portfolio share ...Click here
Brewery news Ukraine: Beer production up, malt output down in January 2020 ...Click here


More Industry News


Brewery news USA: Boston Beer reports 25.5% increase in net revenue for 2019 ...Click here
Whisky news USA: Diageo agrees to pay $5 mln to resolve claims of excess product shipments and misleading financial results ...Click here
Barley news Ireland: Northern Ireland accounts for almost all of Ireland’s barley exports last year ...Click here
Barley news UK: Scottish malting barley growers should brace themselves for serious competition from England this harvest ...Click here
Brewery news Malaysia: Customs Department cancels one of two tax demands against Heineken Malaysia ...Click here

Graph of the week



Table of the week

World Use of Hops and Hop Products 1997 - 2019s


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


20 February
1768 - 1st American chartered fire insurance company opens
1811 - Austria declares bankruptcy
1848 - Edward H. Harriman is born in Hempstead. By age 50 he commands the Union Pacific and Southern Pacific railways, making him one of the most powerful railroad barons in the world

21 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1988 - Peter Kalikow purchases New York Post from Rupert Murdoch for $37.6 million

22 February
1923 - Transcontinental airmail service begins
1989 - New York Lotto pays $26.9 million to one winner
2006 - Apple's iTunes store sells its 1 billionth song

23 February
1886 - Aluminum manufacturing process developed
1886 - London Times publishes world's 1st classified ad
1965 - Michael Dell is born. He later drops out of the University of Texas at Austin to found Dell Computer Corp. with the radical idea of assembling made-to-order computers

Agenda

March 2020:
09 - 11: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
11 - 15: Festival Brasileiro da Cerveja 2020 (Blumenau, Brazil)
13 - 15: Barcelona Beer Festival 2020 (Barcelona, Spain)
16 - 20: IBD Asia Pacific Convention 2020 (Perth, Australia)
19 - 21: Korea International Beer Expo 2020 (Seoul, South Korea)
24 - 26: Modern Brewing Technologies 2020 (Moscow, Russia)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)

April 2020:
01 - 02: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
03 - 04: Helsinki Beer Festival 2020 (Helsinki, Finland)
05 - 08: 14th International Trends in Brewing "Beer & Society" 2020 (Leuven, Belgium)
16 - 18: Zurich Bier Festival 2020 (Zurich, Switzerland)
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
24 - 06 July: Copa Cervezas de America 2020 (registration: 24 Apr-6 Jul) (Mar del Plata, Argentina)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)

May 2020:
01 - 02: Tallinn Craft Beer Weekend 2020 (Tallinn, Estonia)
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
14 - 16: Copenhagen Beer Festival 2020 (Copenhagen, Denmark)
15 - 17: Mondial de la Biere - Paris 2020 (Paris, France)
18 - 24: Budapest Beer Week 2020 (Budapest, Hungary)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
22 - 30: Latvia Beer Festival 2020 (Riga, Latvia)
25 - 27: Africa Brewing Conference 2020 (Maputo, Mozambique)

June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
04 - 07: Mondial de la Biere - Sao Paulo 2020 (Sao Paulo, Brazil)
04 - 07: Wiener Bierfest 2020 (Vienna, Austria)
09 - 12: Aro Rojo International Beer Cup 2020 (Tampico, Mexico)

July 2020:
01 - 02: Craft Drinks India 2020 (Bangalore, India)
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)

August 2020:
01 - 04: World Brewing Congress 2020 (Minneapolis, USA)
07 - 08: Beervana 2020 (Wellington, New Zealand)
13 - 15: VIETFOOD & BEVERAGE - VIETNAM 2020 (Ho Chi Minh City, Vietnam)

September 2020:
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
03 - 07: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
05 - 05: Copa Cervezas de America 2020 (Award Ceremony) (Mar del Plata, Argentina)
14 - 25: Craft Brewing in Practice 2020 (Berlin, Germany)
19 - 04 October: Oktoberfest 2020 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium 2020 (Barcelona, Spain)

October 2020:
13 - 16: China Brew & China Beverage (CBB) 2020 (Shanghai, China)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)

November 2020:
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
25 - 27: Drink Japan 2020 (Tokyo, Japan)

December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)

More events are available on site e-malt.com


MaltMalt News Malt


Malt newsRussia: Malt sales up by 4.1% in 2015-19
Russia’s malt sales in 2015-19 increased by 4.1% to total 1.27 mln tonnes, Profibeer reported on February 17 citing data by BusinesStat. Barley malt ...More info on site


Malt newsIreland: Malt imports increase to 68,591 tonnes in 2019
There was a large change in the amount of malt imported into Ireland last year, Agriland reported on February 20.

Approximately 68,591 tonnes of malt ...More info on site



BreweryBrewery News Brewery


Brewery newsMalaysia: Carlsberg Brewery Malaysia sees 5% increase in 2019 net profit
Carlsberg Brewery Malaysia Bhd’s net profit for the fourth quarter ended Dec 31, 2019 increased 2.3% to RM69 million from RM67.45 million a year ...More info on site


Brewery newsMyanmar: Myanmar Brewery’s operating profit up 27.8% in 2019
Myanmar Brewery, the nation's largest beer maker under the wing of Japan's Kirin Holdings, posted an operating profit of 12.9 billion yen (US$115 million) ...More info on site


Brewery news India: AB InBev’s Indian unit wants to grow premium portfolio share
Anheuser-Busch InBev, the world’s biggest brewer, said it wants its premium portfolio to account for nearly half its total business in India, a market dominated by mass-market rivals, the Economic Times reported on February 20. The Belgian drink and brewing company, which produces a fourth of the world’s beers, generated a fifth of its sales from premium brands in India when it took over SABMiller four years ago. The share of premium brands has now increased to more than 35%. “This is my singular mandate – how do we drive the right mix change?” said Kartikeya Sharma, in his first interaction after he was made South Asia president at AB InBev, which sells Budweiser and Corona. “Our strategy is firmly anchored in the premium segment that is growing three-four times the total industry. We are ready to challenge the incumbent leader in the marketplace.” United Breweries, which owns Kingfisher brand, is by far the leader in the beer segment in India, controlling more than half the market while AB InBev is a distant second with about 20% share. However, AB InBev has more than 65% share in the premium segment, with a portfolio that includes Stella Artois, ...More info on site


Brewery newsUkraine: Beer production up, malt output down in January 2020
According to Ukrpivo data, Ukraine’s beer output in January this year amounted to 1 mln hl, which is 13.7% more than in January 2019, ...More info on site


Brewery news USA: Boston Beer reports 25.5% increase in net revenue for 2019
The Boston Beer Company, Inc. reported fourth quarter 2019 net revenue of $301.3 million, an increase of $76.1 million or 33.8% from the fourth quarter of 2018, mainly due to an increase in shipments of 31.7%.

Net income for the fourth quarter was $13.8 million, or $1.12 per diluted share, a decrease of $8.0 million or $0.74 per diluted share from the fourth quarter of 2018. This decrease was primarily due to increases in advertising, promotional and selling expenses and lower gross margins that were only partially offset by the increased revenue.

Earnings per diluted share for the 52-week period ended December 28, 2019 were $9.16, an increase of $1.34, or 17.1%, from the comparable 52-week period in 2018. Net revenue for the 52-week period ended December 28, 2019 was $1.25 billion, an increase of $254.2 million, or 25.5%, from the comparable 52-week period in 2018.

The company completed the previously reported Dogfish Head Brewery transaction and began consolidating the Dogfish Head financial results on July 3, 2019. In the fourth quarter ended December 28, 2019, the company incurred non-recurring Dogfish Head transaction-related expenses of $2.1 million. In the 52-week period ended December 28, 2019, non-recurring Dogfish Head transaction-related expenses of ...More info on site


Brewery news Malaysia: Customs Department cancels one of two tax demands against Heineken Malaysia
Heineken Malaysia Bhd said on February 20 that the Royal Malaysian Customs Department has cancelled a bill of demand for the payment of sales tax and penalty amounting to RM22.16 million, which was filed against the company in 2015, The Edge Markets reported on February 21.

The claim was for sales tax for the period of July 1, 2012 to Oct 31, 2013, Heineken said in a filing with Bursa Malaysia.

The brewery said the claim was cancelled with effect from Jan 15, 2020, as underlined in a letter from customs dated Feb 3, 2020. Heineken received the letter on Monday, it said.

The cancelled claim was one of two bills of demand filed by the customs against Heineken on Aug 28, 2015.

The other bill of demand remains unchanged, said Heineken — for payment of excise duties for the period from Aug 28, 2012 until Oct 31, 2013 amounting to RM34.17 million.

“Based on legal and tax advice, there are solid grounds for the company to object the basis of the bill of demand for the payment of excise duties,” said Heineken.

“The company will continue to engage customs to seek an amicable solution to resolve this matter as soon as possible,” it added.

Shares in ...More info on site



BarleyBarley News Barley


Barley news Ireland: Northern Ireland accounts for almost all of Ireland’s barley exports last year
A total of 78,438 tonnes of wheat and barley were exported out of Ireland in 2019 according to the Central Statistics Office (CSO). The majority of this grain travelled to Northern Ireland. Of the 53,389 tonnes of barley (unmilled) 95% travelled to Northern Ireland. The remaining barley crossed the Irish Sea, while insignificant amounts went to Gibraltar and Lebanon. In 2018, only 14,857 tonnes left the country, but in that year the total wheat and barley harvest amounted to approximately 1,717,000 tonnes – 456,000 tonnes lower than 2017. In 2018, spring crops were planted late and both spring and winter cereal yields were hit by drought. It is also worth noting that the majority of the increase came from barley exports. 138,156 tonnes of barley (unmilled) were imported into the Republic of Ireland in 2019.


Barley news UK: Scottish malting barley growers should brace themselves for serious competition from England this harvest
Scottish malting barley growers have been warned to brace themselves for serious competition from England this harvest, with only quality setting them apart in a flooded market, The Courier reported on February 20.

Sean Sparling, the chairman of the Association of Independent Crop Consultants, told a packed conference of Scottish Agronomy members the ramifications of incessant rainfall and flooded fields in England meant more and more growers were turning to spring barley, and some of that would inevitably turn out to be of malting quality.

“Everyone I speak to who doesn’t have their winter wheat in the ground is saying we’ll put it all into spring barley,” he told the meeting in Perth.

“People need to get the land dried out first, but they are going to have to grow something, they need some income, and if the crop that will go in the ground is spring barley, that’s what they’ll grow.

“There’s going to be a lot, and by accident some of that will go for malting. That’s going to flood the market, that’s what worries me. It’s going to affect your market in Scotland.

“There will be an impact on prices, so this year growing for quality is absolutely crucial. We won’t be ...More info on site



WhiskyWhisky News Whisky


Whisky news USA: Diageo agrees to pay $5 mln to resolve claims of excess product shipments and misleading financial results
Diageo, the British alcoholic beverage company responsible for brands like Guinness and Smirnoff, agreed on February 19 to hand over $5 million to the U.S. Securities and Exchange Commission to resolve claims that it covered up excess product shipments and misled investors about financial results, Law360 reported. Diageo PLC’s North American subsidiary pushed distributors to overstock their inventory in an attempt to meet performance targets as the market slumped, the SEC said in an administrative proceeding filed and settled on February 19. “As a result, distributors in North America held substantial unneeded inventory, which was a known trend or uncertainty: the continued selling over demand was unsustainable because it was likely that distributors would purchase less product in future periods,” the regulator said. “Diageo’s periodic filings did not disclose these known trends and uncertainties to investors.” In 2014 and 2015, Diageo employees knew the North American arm was overshipping its spirits to meet financial goals, the SEC alleged. The company pressured third-party distributors to purchase unneeded products by waiving a termination clause in their contracts and certain penalty payments it would normally charge distributors for failing to move enough product, the regulator said. As a result of its failure to ...More info on site


Copyright © E-Malt s.a. 2018