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E-Malt.com Flash 22a May 25 - May 27, 2020
Quote of the Week
It is a fair wind that blew men to the ale.
Oscar Wilde
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![](http://e-malt.com/images/Euro.gif)
Currency Rates
Base Currency: Euro on May 27, 2020 |
Base Currency: US Dollar on May 27, 2020 |
|
1 EUR = 1.0954 USD
1 EUR = 0.8910 GBP
1 EUR = 1.5184 CAD
1 EUR = 1.6551 AUD
1 EUR = 117.9400 JPY
1 EUR = 5.9148 BRL
1 EUR = 77.7960 RUB
1 EUR = 7.8127 CNY
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1 USD = 0.9128 EUR
1 USD = 0.8133 GBP
1 USD = 1.3861 CAD
1 USD = 1.5108 AUD
1 USD = 107.6600 JPY
1 USD = 5.3996 BRL
1 USD = 71.0198 RUB
1 USD = 7.1322 CNY
|
![](http://e-malt.com/images/Euro.gif)
Currency Rates Chart
![](http://e-malt.com/images/Euro.gif)
Equities of the Largest Breweries
Average Market Prices Change Trend
May 27, 2020 |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
160.50-162.50 | 1.26% |
6RW Malting Barley (FOB Creil) |
159.00-161.00 | 1.91% |
Feed Barley (FOB Creil) |
157.00-159.00 | 1.94% |
2RS Malt (FOB Antwerp) |
355.50-357.50 | 0.70% |
6RW Malt (FOB Antwerp) |
354.00-356.00 | 1.05% |
French Barley/Malt Crop 2020 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
171.50-173.50 | 0.58% |
6RW Malting Barley (FOB Creil) |
165.00-167.00 | ![-](http://www.e-malt.com/Images/Constant.jpg) |
2RS Malt (FOB Antwerp) |
365.00-367.00 | 0.34% |
6RW Malt (FOB Antwerp) |
357.50-359.50 | ![-](http://www.e-malt.com/Images/Constant.jpg) |
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) |
1,094.00-1,096.00 | 9.13% |
Malting Barley (West) |
1,124.00-1,126.00 | 6.64% |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Japan & Australia: Asahi to borrow 1.19 trillion yen to complete purchase of AB InBev’s Australian business
...Click here
|
The Philippines: Consumption and import of alcoholic beverages expected to rise further despite tax hike
...Click here
|
UK: AHDB looks at Covid-19 impact on malting barley demand
...Click here
|
Mexico: Beer production in Mexico City to resume on June 1
...Click here
|
Asia: Heineken and Tiger Beer reveal online sales surge amid pandemic
...Click here
|
Japan: Craft brewers forced to turn soon-to-expire beer into gin
...Click here
|
Graph of the week
Table of the week
North America's Barley Imports, Production, Consumption, and Ending Stocks
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 May
1915 - Thomas Edison invents telescribe to record telephone conversations
1953 - Nuclear testing: At the Nevada Test Site, the United States conduct their first and only nuclear artillery test
1954 - IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour
1960 - 1 millionth Dutch telephone installed
1966 - Explorer program: Explorer 32 launches
26 May
1781 - Bank of North America incorporates in Philadelphia
1896 - Dow Jones begins an index of 12 industrial stocks (closing is 40.94)
1986 - The European Community adopts the European flag
27 May
1895 - British inventor Birt Acres patents film camera/projector
1952 - European Defense Community forms
1969 - Walt Disney World construction begins
Agenda
July 2020:
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)
September 2020:
02 - 04: Beviale Moscow 2020 (Moscow, Russia)
02 - 04: Modern Brewing Technologies 2020 (Moscow, Russia)
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
03 - 05: Zurich Bier Festival 2020 (Zurich, Switzerland)
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)
11 - 13: Mondial de la Biere - Paris 2020 (Paris, France)
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)
24 - 26: Great American Beer Festival 2020 (Denver, USA)
24 - 26: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
October 2020:
02 - 03: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
08 - 11: Mondial de la Biere 2020 (Montreal, Canada)
13 - 16: China Brew & China Beverage (CBB) 2020 (Shanghai, China)
14 - 16: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
19 - 20: Planete Biere 2020 (Paris, France)
21 - 24: Beer 2020 (Sochi, Russia)
23 - 25: Cerveza Mexico Expo 2020 (Mexico City, Mexico)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)
November 2020:
04 - 07: VIETFOOD & BEVERAGE - VIETNAM 2020 (Ho Chi Minh City, Vietnam)
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
13 - 14: Beervana 2020 (Wellington, New Zealand)
18 - 18: Brussels Beer Challenge 2020 (Brussels, Belgium)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
May 2021:
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
Brewery News
|
Japan & Australia: Asahi to borrow 1.19 trillion yen to complete purchase of AB InBev’s Australian business
|
Asahi Group Holdings plans to borrow 1.19 trillion yen (US$11 billion) from Japanese lender Sumitomo Mitsui Banking Corporation to complete its long-brewing purchase of
...More info on site
|
India: Beer sales plummet across states
|
Tipplers forming long queues at Indian liquor stores failed to bring respite for the beer industry as volume sales fell sharply in several states
...More info on site
|
The Philippines: Consumption and import of alcoholic beverages expected to rise further despite tax hike
|
Consumption and import of alcoholic beverages by the Philippines are expected to rise further despite the higher excise tax on the commodities due to
...More info on site
|
Mexico: Beer production in Mexico City to resume on June 1
|
Beer production will resume on June 1 in Mexico City, after the capital’s government considered it as an essential activity alongside other activities such as mining, construction and the manufacture of transport equipment, The Yucatan Times reported.
“Each of these activities must have a protocol with occupational health measures, operating rules with flow charts, distribution of employees and customers and signage for each one,” said Claudia Sheinbaum, head of government of the Mexico City, in virtual press conference.
The official explained that Mexico City will be at a red light until June 15, but these essential activities will be able to resume operations from June 1.
Grupo Modelo AB InBev, the owner of the Victoria, Modelo and Corona beer brands, has a production plant in the Mexican capital and about 21% of the country’s craft beer plants are concentrated in the capital, according to a report issued by Acermex.
Grupo Modelo has 56.80% market share in Mexico and Heineken Mexico 40.80%, according to Euromonitor. Modelo’s production capacity is approximately 70 million hectolitres.
In late March, both brewers decided to stop their operations in the country because the government did not consider the beer industry as an essential economic activity to continue working during the Covid-19 contingency.
|
Asia: Heineken and Tiger Beer reveal online sales surge amid pandemic
|
Heineken and Tiger Beer have taken measures to revise marketing strategies and double-down on product innovation after seeing online sales surge as the COVID-19 pandemic outbreak hit on-trade consumption, FoodNavigator-Asia.com reported on May 25.
Both Heineken and Tiger are operated by HEINEKEN APAC in the Asia Pacific region. Despite losses from on-site beer consumption wrought by lockdowns throughout the region, the firm has maintained that online sales have more than made up for this.
“Where countries have to close F&B outlets and implement some form of lockdown as part of safe distancing measures, we [have seen] an impact on the sale of our beers,” HEINEKEN APAC Heineken and Tiger Brand Director Maud Meijboom told FoodNavigator-Asia.
“The impact has differed by brand, for example whether they have a significant footprint in the F&B outlets, [and] for newer products it also depends on what channels we are looking at, e.g. new products we have launched in retail are performing in line with the trend in that channel.
“[That said], online sales are going up for us during this period for two reasons: With safe distancing measures in place, a number of countries have implemented closure of F&B businesses
...More info on site
|
Japan: Craft brewers forced to turn soon-to-expire beer into gin
|
With Japan's bars and restaurants largely empty of revellers during the coronavirus pandemic, craft beer consumption dried up and left owners needing a near-miracle to stop them from having to pour their valuable stocks down the drain, The Mainichi reported on May 26.
That was when a long-established microbrewery northeast of Tokyo came to a Jesus-like water-into-wine rescue, in this case discovering a technique to turn soon-to-expire craft beer into gin.
Due to craft beer's relatively short shelf life, the brewery's revelation meant beer that had been sitting in bar and restaurant kegs for almost too long could be converted into long-life gin.
The project, cleverly dubbed "Save Beer Spirits," was launched by Kiuchi Brewery Inc. in Naka, Ibaraki Prefecture, and helped craft beer producers and sellers weather the coronavirus storm.
It also positioned the businesses well for when they are able to quench their customers' thirsts upon the return of normal life.
Kiuchi collects the craft beer in kegs from liquor shops, bars and restaurants and puts it through the required two-stage distillation process before converting it into gin. After bottling for distribution, the products are returned, with the business owners only required to pay for delivery.
As of May 21, the company had collected
...More info on site
|
Barley News
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Canada: Total supply of barley up 17% in 2019-20
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For 2019-20, the total supply of barley in Canada increased by 17% from 2018-19 to 11.285 mln tonnes due to higher production despite historically low carry-in stocks, Agriculture and Agri-Food Canada said in its May report.
Domestic use is expected to increase by 18% to 6.785 mln tonnes, largely due to higher feed use.
Total exports are expected to decrease to 2.8 mln tonnes on lower exports of feed barley to China despite higher exports of barley malt.
Carry-out stocks are forecast to rise sharply from last year (to 1.7 mln tonnes) largely due to the significant increase in supply.
Barley prices for the crop-year to-date in the Prairie provinces declined from a year ago but remain strong. For the entire crop year, the feed barley price at Lethbridge feedlots is expected to be 14% lower than last year, due to increased barley supplies in Canada and around the world.
Since 2014-15, China has been the largest export market for Canadian barley, taking more than half of Canadian barley grain exports. For 2019-20 to March, exports to China decreased by 8%
particularly due to the declined exports in February and March.
The US is the second largest market for Canadian barley grain and barley
...More info on site
|
UK: AHDB looks at Covid-19 impact on malting barley demand
|
The Agriculture and Horticulture Development Board (AHDB) in the UK looked at the impact of the Covid-19 pandemic on malting barley demand again last
...More info on site
|
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