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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


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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




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E-Malt.com Flash 12a
March 16 - March 18, 2020

Quote of the Week

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Orison Swett Marden

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Currency Rates


Base Currency: Euro
on March 18, 2020
Base Currency: US Dollar
on March 18, 2020
      1 EUR = 1.1066 USD
1 EUR = 0.9109 GBP
1 EUR = 1.5603 CAD
1 EUR = 1.8313 AUD
1 EUR = 118.4000 JPY
1 EUR = 5.5405 BRL
1 EUR = 82.7248 RUB
1 EUR = 7.7515 CNY
      1 USD = 0.9035 EUR
1 USD = 0.8231 GBP
1 USD = 1.4100 CAD
1 USD = 1.6547 AUD
1 USD = 106.9900 JPY
1 USD = 5.0069 BRL
1 USD = 74.7564 RUB
1 USD = 7.0048 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


March 18, 2020
French Barley/Malt
Crop 2019
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 158.50-160.50 up0.63%
6RW Malting Barley (FOB Creil) 153.00-155.00 down1.91%
Feed Barley (FOB Creil) 151.00-153.00down1.30%
2RS Malt (FOB Antwerp) 352.00-354.00 up0.35%
6RW Malt (FOB Antwerp) 345.50-347.50 down1.05%
French Barley/Malt
Crop 2020
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 172.50-174.50 -
6RW Malting Barley (FOB Creil) 167.00-169.00 down1.18%
2RS Malt (FOB Antwerp) 366.50-368.50 -
6RW Malt (FOB Antwerp) 360.00-362.00 down0.68%
German Malting Barley
Crop 2019
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,154.00-1,156.00 down0.86%
Malting Barley (West) 1,174.00-1,176.00 down0.84%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Malt news Australia: GrainCorp shareholders vote in favour of splitting grain business from malting operations ...Click here

Brewery news World: AB InBev draws down the entirety of $9 bln loan facility from global banks ...Click here
Brewery news Ukraine: Beer output up, malt down in January-February this year ...Click here

Barley news EU & UK: Total barley production forecast at 61.5 mln tonnes in 2020 ...Click here


More Industry News


Brewery news Mexico: Federal government assures population Constellation Brands’ planned brewery is no threat to water supply ...Click here
Brewery news Kenya: Keroche Industries secures temporary orders stopping the taxman from recovering Sh9.1 billion in taxes from its accounts ...Click here
Brewery news UK: Pubs and restaurants need urgent state help to get through coronavirus pandemic ...Click here
Brewery news Ireland: Guinness announces €1.5 million fund to help support bar staff and the elderly ...Click here
Brewery news Brazil: Ambev to use on of its breweries to produce sanitizer ...Click here

Graph of the week



Table of the week

US Hop Exports


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


16 March
1915 - United States Trade Commission organizes
1933 - President Franklin D. Roosevelt takes the U.S. off the gold standard, removing the yellow metal from coinage and circulation, even banning it as a collectible
1987 - IBM releases PC-DOS version 3.3
2014 - Crimea votes in a controversial referendum to secede from Ukraine to join Russia

17 March
1845 - Bristol man, Henry Jones, patents self-raising flour
1968 - 2-tiered gold price negotiated in Washington D.C. by U.S. and 6 European nations
1997 - CNN begins spanish broadcasts

18 March
1850 - Henry Wells and William Fargo forms American Express in Buffalo
1938 - Mexico takes control of foreign-owned oil properties
1985 - Capital Cities Communications Inc. acquires ABC

Agenda

April 2020:
01 - 02: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
24 - 06 July: Copa Cervezas de America 2020 (registration: 24 Apr-6 Jul) (Mar del Plata, Argentina)

May 2020:
01 - 02: Tallinn Craft Beer Weekend 2020 (Tallinn, Estonia)
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
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)
01 - 03: Craft Beer China 2020 (Shanghai, China)
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
30 - 01 August: Korea International Beer Expo 2020 (Seoul, South Korea)

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:
01 - 03: Modern Brewing Technologies 2020 (Moscow, Russia)
02 - 04: Beviale Moscow 2020 (Moscow, Russia)
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)
03 - 05: Zurich Bier Festival 2020 (Zurich, Switzerland)
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 newsAustralia: GrainCorp shareholders vote in favour of splitting grain business from malting operations
The Kiwi boss who is about to lead newly restructured GrainCorp landed in Australia in the nick of time on Sunday night (March 15), ...More info on site



BreweryBrewery News Brewery


Brewery news World: AB InBev draws down the entirety of $9 bln loan facility from global banks
Anheuser-Busch InBev, the world’s largest brewer by volume, has become the latest big company to bolster its cash position by drawing down the entirety of a $9 bln loan facility from global banks, the Financial Times reported on March 16 people with direct knowledge of the decision.

The brewer, which has been working to reduce a $95 bln debt burden built up during a years-long acquisition binge, made a request to tap the facility late last week, these people said.

In doing so, AB InBev joined a growing list of companies — including Boeing, Hilton Worldwide and IAG, the parent company of British Airways — rushing to secure cash from credit facilities.

The cash will help preserve AB InBev’s financial flexibility as the brewer deals with the fallout from the coronavirus, which economists warn is weighing heavily on consumption across the globe. Restaurants, bars and pubs have been closed in several countries and sales of beer and spirits have dropped.

AB InBev’s shares have lost more than half their value since the start of the year, plunging from €74.49 on January 2 to €34.88 by late on March 16. Its equity value has slumped to €58.96 bln.

The company said in ...More info on site


Brewery newsUkraine: Beer output up, malt down in January-February this year
Ukraine’s beer production (excluding zero-alcohol brands and beer with less than 0.5% alc. by vol.) amounted to 2.07 mln hl in January-February this year, ...More info on site


Brewery news Mexico: Federal government assures population Constellation Brands’ planned brewery is no threat to water supply
The operation of the brewery under construction by the United States company Constellation Brands in Mexicali, Baja California, does not pose a threat to the water supply, the federal government says in an information leaflet being distributed in the lead-up to this weekend’s referendum on the controversial beverage plant, the Mexico News Daily reported on March 16.

Emblazoned with the logos of the ministries of the Interior and the Environment as well as the National Water Commission, the brochure acknowledges that there is community concern that the brewery will use excessive amounts of water and thus create a shortage in Mexicali and surrounding areas.

However, the government points out that there is annual water availability of 2.7 billion cubic meters in the Valley of Mexicali and that the state government has only authorized the use of 5.8 million cubic meters per year by the brewery.

The amount represents “just 0.2% of the total volume [of available water] in the region,” the leaflet says, adding that the brewery will not be permitted to increase the quantity of water it uses.

“The operation of the plant doesn’t represent a present or future risk to the supply or availability of water for the countryside and homes in ...More info on site


Brewery news Kenya: Keroche Industries secures temporary orders stopping the taxman from recovering Sh9.1 billion in taxes from its accounts
On Friday, March 13, troubled Keroche Industries secured temporary orders stopping the taxman from recovering Sh9.1 billion in taxes from its accounts, the Daily Nation reported.

Kenya Revenue Authority (KRA) had gone for Keroche’s jugular by freezing the brewer’s Equity Bank accounts until the Sh9.1 billion tax demand is paid in full.

KRA’s move followed a Tax Appeals Tribunal ruling on March 12 that dismissed Keroche’s applications challenging the levying of excise duty on an alcoholic drink produced at the brewer’s Naivasha factory.

Justice David Majanja’s orders have given Keroche temporary reprieve as it figures out its next move.

The tribunal delivered its ruling on March 11 and told both Keroche and KRA that the judgment would be available on the same day.

Keroche now says that when it tried to get a copy of the judgment the following day, its lawyers — Hamilton, Harrison and Mathews — were told that the tribunal had taken a two-day break for a staff retreat.

While the latest claim by KRA is for Sh9.1 billion, Keroche claims that the taxman has in the past few months made several demands for a cumulative Sh23 billion.

What started out as a Sh1.1 billion tax demand on November 29, 2006 has now grown ...More info on site


Brewery news UK: Pubs and restaurants need urgent state help to get through coronavirus pandemic
UK’s hospitality industry could effectively be condemned to death without urgent state help to get through the coronavirus pandemic, metro.co.uk reported on March 17.

Pubs and restaurant owners are calling for immediate action to support the industry financially after Prime Minister Boris Johnson advised people not to go out but stopped short of ordering entertainment venues to close. The British Beer and Pub Association has written to Mr Johnson, demanding urgent steps are taken to prevent mass job losses and permanent pub closures.

The letter, seen by the PA news agency and dated March 16, follows the Government issuing new advice for people to avoid pubs, clubs and theatres in a bid to halt the spread of coronavirus. British Beer and Pub Association chief executive Emma McClarkin said: ‘The UK pub and brewing industry is tonight facing an existential crisis as a direct result of the guidance issued by the Government today. Thousands of pubs and hundreds of thousands of jobs will be lost in the very short term unless a proactive package creating cash and liquidity is provided immediately to the industry. Forced pub closures without a meaningful support package will have a catastrophic financial and social impact.’

The letter ...More info on site


Brewery news Ireland: Guinness announces €1.5 million fund to help support bar staff and the elderly
Guinness has announced it will set up a €1.5 million fund to help support bar staff and the elderly in light of the coronavirus public health crisis, The Irish Times reported on March 17.

Some €1.2 million of the funding will be provided to bar staff unable to work following the Government recommendation all pubs across the country close to help prevent the spread of the virus, officially known as Covid-19.

The remaining €300,000 will be used to support elderly people during the unprecedented health crisis, through a partnership with Alone, a charity for the elderly.

The charity welcomed the funding, which will be used to maintain and expand the support services it offers to elderly communities.

The closures led to concerns that thousands of jobs could be at risk and many premises would not be able to open again following the financial impact of the emergency measures to tackle coronavirus.

Oliver Loomes, country director of Guinness owners Diageo Ireland, said the company would work with the Licensed Vintners’ Association and Vintners’ Federation of Ireland around how to “support bar staff to maximum effect using this funding”.


Brewery news Brazil: Ambev to use on of its breweries to produce sanitizer
With alcohol gel supplies increasingly stretched, Ambev SA said on March 17 it will use one of its Brazil beer breweries to produce half a million sanitizer bottles for public hospitals to fight the spread of coronavirus, Reuters reported.

Ambev SA, the local subsidiary of Anheuser Busch InBev, said in a statement that it plans to deliver 5,000 sanitizer gel bottles to every public hospital in Sao Paulo, Rio de Janeiro and Brasilia, where most of the country’s coronavirus cases are concentrated.

“Demand for alcohol-based sanitizer gel has continued to increase in recent days and there is already a shortage on the market,” Ambev, Latin America’s biggest brewer, said in a statement on March 17.

The move is part of global trend of private sector firms stepping up to help in the battle against COVID-19, which has decimated markets and pushed governments to take extreme measures to try and control the outbreak.

Louis Vuitton owner LVMH said on March 15 that its cosmetics unit would manufacture large quantities of hand disinfectant gel to help stave off a nationwide shortage across France as the coronavirus rapidly spreads.

Ambev said the 500,000 units will be packaged in bottles like the ones used for soft drinks, and the ...More info on site



BarleyBarley News Barley


Barley newsEU & UK: Total barley production forecast at 61.5 mln tonnes in 2020
In its revised forecast for the 2020 crop, COCERAL sees the total grain crop in the EU-27+UK at 301.8 mln tonnes. This is marginally ...More info on site


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