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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

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E-Malt.com Flash 26a
June 22 - June 24, 2020

Quote of the Week

Always do your best. What you plant now, you will harvest later.
Og Mandino

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Currency Rates

Base Currency: Euro
on June 24, 2020
Base Currency: US Dollar
on June 24, 2020
      1 EUR = 1.1296 USD
1 EUR = 0.9041 GBP
1 EUR = 1.5280 CAD
1 EUR = 1.6297 AUD
1 EUR = 120.6100 JPY
1 EUR = 5.8801 BRL
1 EUR = 77.7735 RUB
1 EUR = 7.9789 CNY
      1 USD = 0.8852 EUR
1 USD = 0.8004 GBP
1 USD = 1.3528 CAD
1 USD = 1.4426 AUD
1 USD = 106.7700 JPY
1 USD = 5.2057 BRL
1 USD = 68.8531 RUB
1 USD = 7.0638 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

June 24, 2020
French Barley/Malt
Crop 2020
2RS Malting Barley (FOB Creil) 171.50-173.50 -
6RW Malting Barley (FOB Creil) 166.00-168.00 -
Feed Barley (FOB Creil) 157.00-159.00-
2RS Malt (FOB Antwerp) 365.00-367.00 -
6RW Malt (FOB Antwerp) 358.50-360.50 -
German Malting Barley
Crop 2019
Ex Farm
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
Malting Barley (East) 1,044.00-1,046.00 -
Malting Barley (West) 1,104.00-1,106.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news Belgium: Beer exports increase by 9.2% last year ...Click here
Brewery news Vietnam: Sabeco lowers revenue target for this year ...Click here
Brewery news India: United Breweries sees 39.35% net profit decline in quarter ended March ...Click here
Brewery news UK: Budweiser Brewing Group claims to have become Britain’s No. 1 brewer by volume ...Click here

Barley news World: Barley crop expected to be similar to last year’s record production ...Click here
Barley news EU: Early estimate of barley S/D vague amid pandemic and still uncertain crop prospects ...Click here

More Industry News

Barley news Russia: Southern Russia starts winter barley harvest with lower yield ...Click here
Whisky news World: Diageo delays publishing of full-year report by five days ...Click here
Brewery news New Zealand: Huge push to buy local paying dividends for small brewers ...Click here
Brewery news UK: Diageo announces £4 million in funding for pubs struggling with coronavirus impact ...Click here

Graph of the week

Table of the week

EU Barley Supply & Demand Forecast

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

These Days in Business History

22 June
1775 - US Congress authorizes the first issuance of Continental Currency, or U.S. paper money
1899 - Michal Kalecki is born, Polish economist
2009 - Eastman Kodak Company announces that it will discontinue sales of the Kodachrome Color Film, concluding its 74-year run as a photography icon

23 June
1848 - Antoine Joseph Sax patents Saxophone
1907 - James Meade, English Economist

24 June
1839 - Gustavus Franklin Swift, founded Swift and Co
1932 - David McTaggart is born, co-founder, Greenpeace
1963 - 1st demonstration of home video recorder, at BBC Studios, London


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 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
02 - 04: Beviale Moscow 2020 (Moscow, Russia)
02 - 04: Modern Brewing Technologies 2020 (Moscow, Russia)
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)
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)

June 2021:
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)

More events are available on site e-malt.com

BreweryBrewery News Brewery

Brewery newsBelgium: Beer exports increase by 9.2% last year
2019 was a positive year for Belgian brewers with a slight increase in total beer sales in the internal market of 0.2% compared to ...More info on site

Brewery newsVietnam: Sabeco lowers revenue target for this year
With stringent drunk-driving regulations and the coronavirus impacting beer sales, Sabeco has lowered its revenue target for this year to VND23.8 trillion ($1 billion), ...More info on site

Brewery newsIndia: United Breweries sees 39.35% net profit decline in quarter ended March
United Breweries Ltd (UBL) on June 24 reported net profit decline of 39.35% at Rs 41.19 crore for the quarter ended March, mainly due ...More info on site

Brewery newsUK: Budweiser Brewing Group claims to have become Britain’s No. 1 brewer by volume
Budweiser Brewing Group, the UK & Ireland arm of AB InBev, is claiming to have become the number one brewer by volume in Britain, ...More info on site

Brewery news New Zealand: Huge push to buy local paying dividends for small brewers
A huge push to buy local in post-lockdown New Zealand is paying dividends for small breweries, but only if they’ve done the hard yards with customers first, the Australian Brews News reported on June 22.

The interest in local producers is exemplified by the growth of a New Zealand Made Products Facebook page, launched during lockdown.

A meteoric climb to more than 500,000 members has driven sales for a number of Kiwi brands. And Buy NZ Made, which licences the official Kiwi-branded trademark, saw a surge in applications during the Covid-19 pandemic.

Paul Croucher of Rotorua’s Croucher Brewing says local support for his brewery and pub is critical in a town that relied heavily on tourism numbers.

When lockdown hit, Croucher was worried whether he’d taken his local audience for granted but was pleasantly surprised at the level of support. He attributed the support to the groundwork the brewery had done over the years with sponsorship of events and charities.

The brewery sponsors mountain bike races and ultramarathons but also supports the local hospice, a breast cancer trust, the Rotorua SPCA and the Rotorua-based national kiwi hatchery.

“What we did during lockdown was to repackage keg beer into flagons and target our local market, rekindling that ...More info on site

Brewery news UK: Diageo announces £4 million in funding for pubs struggling with coronavirus impact
Drinks giant Diageo has announced £4 million in funding for pubs struggling with the impact of coronavirus, Yahoo Finance UK reported on June 23.

The company, which makes Guinness and a number of whiskies, has announced the two-year Raise the Bar programme to help premises bring back customers as lockdown restrictions further ease.

It designed the scheme following a global survey of bar owners to identify what they need to reopen after lockdown.

Their top priorities include hygiene measures, digital support and practical equipment to transform how their outlets will work.

Emma McClarkin, CEO of the Scottish Beer and Pub Association, said: “This announcement today from Diageo will be enthusiastically welcomed by operators who are desperate to re-open their pubs, get trading again, welcome customers back and play their part in the economic recovery.

“The hospitality sector has been one of the hardest hit as a result of the pandemic, with pubs and bars now closed for over three months and its impact likely to be felt by the trade for a long time into the future.

“With over 50,000 jobs dependent on pubs and bars, we are an integral part of the national economy and communities across the country – it is vital we get ...More info on site

BarleyBarley News Barley

Barley newsWorld: Barley crop expected to be similar to last year’s record production
The world barley crop will be similar to last year’s record production, H. M. Gauger GmbH said in their latest report earlier this month. ...More info on site

Barley newsEU: Early estimate of barley S/D vague amid pandemic and still uncertain crop prospects
An early estimate of the EU barley S/D must be vague in the aftermath of the pandemic and still uncertain crop prospects, H. M. ...More info on site

Barley news Russia: Southern Russia starts winter barley harvest with lower yield
Farmers in Russia's southern regions have started harvesting winter barley with lower yield, though it may improve next week, SovEcon, one of the leading agriculture consultancies, said in a note on June 22.

Russia is expected to produce 19.9 million tonnes of barley in total in 2020, down from 20.5 million tonnes a year ago, SovEcon has said.

"It is too early to make any conclusion about yields at this stage, we should have a clearer picture next week," SovEcon said.

The starting yield in the Stavropol region in bunker weight is currently at 2.4 tonnes per hectare (t/ha), down from 3 t/ha a year ago. In the Krasnodar region, farmers report it at around 4 t/ha compared with 6 t/ha in 2019, the consultancy said.

Farmers in Russia have so far also planted spring barley on 7.9 million hectares, more than they originally planned, vs 8.0 a year ago, according to the agriculture ministry's data.

Speaking about weather conditions for Russia's upcoming 2020 grain crop in general, SovEcon said that they were slightly negative for the development of the winter grain sowings last week as rains were seen only in the southern regions, while other regions were mostly dry with temperatures 1-3 Celsius above ...More info on site

WhiskyWhisky News Whisky

Whisky news World: Diageo delays publishing of full-year report by five days
Diageo Plc, the world’s largest spirits maker, said on June 22 it would delay the publishing of its full-year report for fiscal 2020 by five days to give its auditors more time to prepare and review statements during the coronavirus pandemic, Reuters reported.

“(The delay) will allow Diageo and its auditors, PwC, sufficient time to complete the process of preparing and reviewing the results, given the practical challenges of remote working,” the maker of Tanqueray gin and Johnnie Walker whisky said in a statement.

British regulators have given publicly traded companies an additional two months to prepare their financial statements, making the deadline six months from their financial year-end.

Diageo will now publish its preliminary results for the year ended June 30 on Aug. 4, instead of July 30, and will also delay the release of its annual regulatory filing by two days. In April, the company abandoned its annual forecast for sales and profit growth, and suspended its 4.5 billion pound ($5.6 billion) share buyback programme in response to the coronavirus pandemic.

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