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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 23a
June 01 - June 03, 2020

Quote of the Week

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Currency Rates


Base Currency: Euro
on June 03, 2020
Base Currency: US Dollar
on June 03, 2020
      1 EUR = 1.1156 USD
1 EUR = 0.8901 GBP
1 EUR = 1.5092 CAD
1 EUR = 1.6294 AUD
1 EUR = 120.6600 JPY
1 EUR = 5.9098 BRL
1 EUR = 76.7836 RUB
1 EUR = 7.9280 CNY
      1 USD = 0.8962 EUR
1 USD = 0.7979 GBP
1 USD = 1.3528 CAD
1 USD = 1.4604 AUD
1 USD = 108.1500 JPY
1 USD = 5.2973 BRL
1 USD = 68.8258 RUB
1 USD = 7.1063 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


June 03, 2020
French Barley/Malt
Crop 2019
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 159.50-161.50 down0.62%
6RW Malting Barley (FOB Creil) 158.00-160.00 down0.63%
Feed Barley (FOB Creil) 158.00-160.00-
2RS Malt (FOB Antwerp) 355.00-357.00 down0.18%
6RW Malt (FOB Antwerp) 353.50-355.50 down0.18%
French Barley/Malt
Crop 2020
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 170.50-172.50 -
6RW Malting Barley (FOB Creil) 164.00-166.00 down0.60%
2RS Malt (FOB Antwerp) 364.00-366.00 -
6RW Malt (FOB Antwerp) 356.00-358.00 down0.34%
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) 1,084.00-1,086.00 down0.91%
Malting Barley (West) 1,134.00-1,136.00 up0.89%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news Germany: Decline in January-March exports leads to 7.4% slump in total beer sales ...Click here
Brewery news Vietnam: Beer production estimated to have increased by 22.9% last year ...Click here
Brewery news Australia: AB InBev completes sale of Carlton & United Breweries to Asahi Group ...Click here
Brewery news Latin America: Situation different from country to country but altogether negative for beer and malt industries ...Click here
Brewery news India: AB InBev re-evaluating short and mid-term plans ...Click here
Brewery news Vietnam: Sabeco sees first signs of post-pandemic recovery on Vietnam beer market ...Click here
Brewery news Thailand: ThaiBev delays potential listing of beer business until economic outlook gets better ...Click here
Brewery news Zimbabwe: Delta Corporation reports 42% decline in beer volumes for the year to March 31 ...Click here

Barley news Russia & Ukraine: Dryness leads to reduced barley crop forecasts in Russia and Ukraine ...Click here
Barley news India: Growing demand for beer expected to boost demand for Australian malting barley ...Click here


More Industry News


Brewery news USA: Off-premise beer sales top $1 bln heading into Memorial Day holiday ...Click here
Brewery news USA: More than 80% of US craft breweries received funding through the Paycheck Protection Program ...Click here
Barley news UK: Norfolk’s grain stores struggling with huge surplus of malting barley ...Click here
Brewery news World: Molson Coors suspends quarterly dividends, furloughs employees in Europe and North America ...Click here
Brewery news Malaysia: Carlsberg Brewery Malaysia share price slumps on profit miss ...Click here
Brewery news Ireland: Alcohol consumption falls by 35.6% in April 2020 ...Click here
Brewery news South Africa: South African form long queues to buy alcohol after sales ban lift ...Click here

Graph of the week



Table of the week

Poland Hop Area and Production and Alpha Acid Output 2009-2020(f)


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


01 June
1812 - The State of New York charters a new institution called City Bank of New York, called today Citigroup
1880 - 1st pay telephone installed
1939 - Stockbrokers are officially designated as "registered representatives"
1980 - Cable News Network (CNN) begins broadcasting
2009 - General Motors files for Chapter 11 bankruptcy. It is the fourth largest United States bankruptcy in history

02 June
1891 - Work on trans-Siberian railway begins
1907 - Taxis 1st began running in New York City
1977 - Trans Alaska oil pipeline completed

03 June
1748 - Amsterdam establishes municipal postal service
1889 - The transcontinental Canadian Pacific Railway is completed
1903 - Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 - Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine

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)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsVietnam: Beer production estimated to have increased by 22.9% last year
In 2019, Vietnam’s total beer production is estimated to have reached more than five billion litres (up 22.9 percent over the same period in ...More info on site


Brewery newsAustralia: AB InBev completes sale of Carlton & United Breweries to Asahi Group
Anheuser-Busch InBev has completed the sale of Australian subsidiary Carlton & United Breweries to Asahi Group Holdings, BeverageDaily.com reported on June 1.

Carlton & United ...More info on site


Brewery newsGermany: Decline in January-March exports leads to 7.4% slump in total beer sales
Germany’s consumption of alcohol-free beer and other non-taxable malt drinks was 6.7 mln hl in 2019, a minus of 0.2%, H. M. Gauger GmbH ...More info on site


Brewery newsLatin America: Situation different from country to country but altogether negative for beer and malt industries
The situation looks different from country to country in Latin America, but altogether negative for the beer and malt industry, H. M. Gauger GmbH ...More info on site


Brewery newsIndia: AB InBev re-evaluating short and mid-term plans
Leading brewer Anheuser-Busch InBev has said recent duty hikes in form of COVID-19 cess by several state governments have resulted in a significant drop ...More info on site


Brewery newsVietnam: Sabeco sees first signs of post-pandemic recovery on Vietnam beer market
Vietnamese brewer Sabeco, a unit of ThaiBev, said on June 1 its business was beginning to regain momentum after suffering from the impact of ...More info on site


Brewery newsThailand: ThaiBev delays potential listing of beer business until economic outlook gets better
Thai Beverage PCL's potential listing of its beer business could be delayed, with the Bangkok-based beverage company saying it is waiting for a better ...More info on site


Brewery newsZimbabwe: Delta Corporation reports 42% decline in beer volumes for the year to March 31
Beverages giant Delta Corporation Limited reported a decline in beer volumes for the year to March 31, 2020 as inflationary pressures continued to cut ...More info on site


Brewery news USA: Off-premise beer sales top $1 bln heading into Memorial Day holiday
United States’ off-premise beer category dollar sales topped $1 billion heading into the Memorial Day holiday, according to the latest one-week data shared by market research firm Nielsen, Brewbound said.

For the one-week period ending May 23, dollar sales of beer, FMBs and cider increased 20.9% compared to the same week a year ago. Off-premise beer sales had the strongest week of 2020, Nielsen said, and were second only to the July 4 holiday week of 2019 over the last 52 weeks.

The full impact of the Memorial Day holiday won’t be known until scan data for the week ending May 30 is released next week.

Here’s a look at how the week ending May 23 stacked up against the previous 11 weeks of off-premise beer category dollar sales during the COVID-19 period:

+8%, to $694.1 million, for the week ending March 7; +15.2%, to $792.7 million, for the week ending March 14; +39.5%, to $968.7 million, for the week ending March 21; +17.9%, to $819.8 million, for the week ending March 28; +19.4%, to $840.3 million, for the week ending April 4; +19.8%, to $863.7 million, for the week ending April 11; +12.3%, to $855.5 million, for the week ending April 18; +20.4%, to $909.5 million, for the week ending ...More info on site


Brewery news USA: More than 80% of US craft breweries received funding through the Paycheck Protection Program
More than 80% of the US craft breweries said they have received funding through the Paycheck Protection Program, and those loans are making many of them more confident about the future, according to the Brewers Association’ (BA) latest survey of how the COVID-19 pandemic is affecting those businesses.

According to the BA’s survey of 869 craft breweries released on Friday, 84.9% of breweries applied for a PPP loan, 50.4% applied for emergency Economic Injury Disaster Loan (EIDL) grants and 38.7% applied for EIDL loans.

“Of breweries that applied for a PPP loan, 95.7% indicated they had received their funds, meaning that 81.2% of breweries who responded to this survey have received PPP loan funds,” BA chief economist Bart Watson wrote in his analysis of results.

Nevertheless, more breweries said they’re more optimistic about the future of their businesses, with 32.2% of the respondents responding that they were somewhat more optimistic and 10.2% were much more optimistic about the future compared to a month ago, when the BA conducted its second impact survey, which found that 46% of breweries wouldn’t last more than three months under the business climate caused by the shutdown of on-premise sales in an effort to stop the spread of ...More info on site


Brewery news Malaysia: Carlsberg Brewery Malaysia share price slumps on profit miss
Carlsberg Brewery Malaysia Bhd topped Bursa Malaysia's leading decliners on June 1 after its share price closed down RM2.70 or 9.35% at RM26.18 as investors weighed the company’s first quarter earnings miss and took cue from its dividend suspension. At 5pm, Carlsberg ended with a volume of 752,700 shares, The Edge Markets reported.

Carlsberg was traded between RM25.98 and RM27.98 on June 1. At its closing share price of RM26.18, the brewer has a market capitalisation of RM8 billion.

On Friday (May 29), Carlberg said net profit fell to RM72.96 million in the first quarter ended March 31, 2020 (1QFY20) from RM87.6 million a year earlier. Revenue declined to RM589.87 million from RM659.92 million, it said.

On June 1, Hong Leong Investment Bank Bhd analyst Gan Huan Wen said Carlsberg's core profit after tax and minority interest at RM73 million made up 25.1% and 25.7% of Hong Leong’s and consensus forecasts respectively.

"We deem this below expectations as 1Q is seasonally a strong quarter, typically making up ~30% of full year earnings. Additionally, we expect significantly weaker earnings in 2Q due to (the) MCO (movement control order). The shortfall in earnings was due to steeper-than-expected decline in sales from the Covid-19 outbreak.

"Post annual ...More info on site


Brewery news World: Molson Coors suspends quarterly dividends, furloughs employees in Europe and North America
The Molson Coors Beverage Company has said that it has suspended quarterly dividends for fiscal 2020 and furloughed some employees in Europe and North America as it looks to save cash amid the coronavirus crisis, Hospitality Ireland reported on June 1.

Liquor companies are among the worst-hit from the fallout of the pandemic, as pubs and restaurants remain closed or are operating in limited capacity across the globe to curb the spread of the virus.

Molson Coors will also cut capital expenditure by approximately $200 million, reduce marketing expenses and limit the number of new hires, while also evaluating various European government liquidity programs.

Molson Coors Canada also suspended its regular quarterly dividends for fiscal 2020.


Brewery news Ireland: Alcohol consumption falls by 35.6% in April 2020
New figures confirmed on June 2 that alcohol consumption has fallen in Ireland as a result of Covid-19 restrictions and the closure of the on-trade, with the total volume of sales down by 35.6% in April 2020 compared to April 2019, the Leitrim Observer reported.

The Nielsen data, released by Drinks Ireland, provides figures on the sale of beer and cider (Long Alcoholic Drinks) and spirits in Ireland, in both the on and off-trade.

They show that alcohol sales increased in the off-trade in April, but overall, the closure of the on-trade resulted in a fall in the total amount of alcohol consumed in Ireland.

Looking at beer and cider, the data shows that 24 million fewer pints were consumed in Ireland in April 2020, compared to April 2019. There was a 58% increase in the volume of beer and cider sold in the off-trade, but overall sales of beer and cider fell by 36% due to pubs being closed. It’s estimated that generally around 60% of beer and cider sales are in the on-trade.

The numbers on the sale of spirits show a similar trend, with 4.9 million fewer 35.5ml serves of spirits sold in April 2020 compared to the previous year. There ...More info on site


Brewery news South Africa: South African form long queues to buy alcohol after sales ban lift
Long queues have formed outside shops selling alcohol in South Africa after restrictions on its sale, imposed two months ago as part of measures to fight Covid-19, were lifted, BBC reported on June 1.

Social media posts showed people, who had braved the morning chill, cheering as buyers emerged with their bottles.

The alcohol ban was to allow police and hospitals to better focus on tackling the coronavirus, the authorities said.

Alcohol-fuelled violence is a huge problem in South Africa.

Doctors and police say the ban has had a dramatic impact, contributing to a sharp drop in casualty admissions.

But the country's brewers and wine makers had complained that they were being driven out of business.

The government has also lost a fortune in tax revenue, reports the BBC's Andrew Harding in Johannesburg.

The authorities are now in the process of easing one of the toughest lockdowns in the world.

However, the planned reopening of schools has been delayed for a week.

President Cyril Ramaphosa said that from 1 June the sale of alcohol would resume, but only between 09:00 and 17:00 and not on Friday, Saturday or Sunday.

Also, the alcohol can only be drunk at home rather than where it was bought.

The main opposition party, the Democratic Alliance ...More info on site



BarleyBarley News Barley


Barley newsRussia & Ukraine: Dryness leads to reduced barley crop forecasts in Russia and Ukraine
The Russian government had limited old crop grain sales to 7 mln tonnes. Sales against the quota have reached the limit, but shipments against ...More info on site


Barley news India: Growing demand for beer expected to boost demand for Australian malting barley
The growing demand for beer from the emerging middle class in India could see the subcontinental giant grow as a malting barley customer, the North Queensland Register reported on May 29.

India's own barley production varies between 1.75 million tonnes in 2018-9 to forecasts between 1.83 mln tonnes to 2.1 mln tonnes this year, with approximately 80 per cent used for feed and 20pc for the food market, including malting and brewing.

It currently imports barley from Argentina and France with potential for Black Sea trade.

In terms of a potential opening for Australian exports it will definitely be a focus on malting barley.

India has a maximum residue limit on glyphosate that would likely mean that Australian feed barley, which can be crop-topped with glyphosate for desiccation prior to harvest would not be accepted.

Barley is very much a small scale crop in India, making up a tiny fraction of the 150 million tonne rabi (winter) crop this year.

The heartland for the crop is the north western state of Rajasthan, which produces over 60pc of the national barley crop.

Much of the agriculture in the state, which includes the massive Thar desert is focused on grazing livestock on land too dry for reliable cropping.

Barley is ...More info on site


Barley news UK: Norfolk’s grain stores struggling with huge surplus of malting barley
The closure of pubs and a slump in lockdown beer demand has created a huge surplus of malting barley in Norfolk’s grain stores – leaving farmers worried about where they are going to put this summer’s harvest, the Eastern Daily Press reported on May 29.

Maltsters said production is down by about 40pc across the board as demand for this key ingredient has been lost from cask brewers who supply the “on-trade” in pubs, restaurants and hotel bars.

As a result, grain stores are still full of last summer’s malting barley – and that could pose a major problem as the continued dry, hot weather means this season’s harvest could be only weeks away.

James Beamish, farm manager at the Holkham Estate in north Norfolk, said: “Our grain stores are still at capacity. We have got no malting barley coming out of the shed at all.

“Our main malting barley store holds 7,500 tonnes and there is way over 6,000 tonnes sitting in there at the moment.

“It is a very short supply chain and if people are not drinking beer, maltsters cannot move their malt, so we cannot move our barley. Being the primary producer at the start of the food chain, it stays ...More info on site


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