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Flash Summary
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E-Malt.com Flash 32b
August 06 - August 09, 2020
Quote of the Week
If you count all your assets you always show a profit.
Wilson Mizner
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Currency Rates
Base Currency: Euro
on August 07, 2020 |
Base Currency: US Dollar
on August 07, 2020 |
| |
1 EUR = 1.1865 USD
1 EUR = 0.9024 GBP
1 EUR = 1.5762 CAD
1 EUR = 1.6458 AUD
1 EUR = 125.2100 JPY
1 EUR = 6.3064 BRL
1 EUR = 86.8089 RUB
1 EUR = 8.2425 CNY
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1 USD = 0.8427 EUR
1 USD = 0.7605 GBP
1 USD = 1.3284 CAD
1 USD = 1.3869 AUD
1 USD = 105.5200 JPY
1 USD = 5.3149 BRL
1 USD = 73.1612 RUB
1 USD = 6.9467 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 07, 2020 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
172.00-174.00 |  0.57% |
| 6RW Malting Barley (FOB Creil) |
165.00-167.00 |  |
| Feed Barley (FOB Creil) |
161.00-163.00 | 0.61% |
| 2RS Malt (FOB Antwerp) |
366.00-368.00 | 0.33% |
| 6RW Malt (FOB Antwerp) |
357.50-359.50 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
160.00-162.00 |  0.32% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,174.00-1,176.00 | |
| Malting Barley (West) |
1,174.00-1,176.00 | |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
India: United Breweries doesn’t expect normalcy to be achieved during current financial year
...Click here
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Japan: Four major brewers report January-June sales falls
...Click here
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Ireland: Total, per capita beer consumption decline in Ireland in 2019
...Click here
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Japan: Kirin Holdings cuts full-year profit outlook as coronavirus pandemic hits beer sales globally
...Click here
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Croatia: Croatian brewers’ consolidated profit falls 17.8% last year
...Click here
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Australia: Carlton & United Breweries and Asahi Premium Beverages to combine by Q4 2020 and operate under the CUB name
...Click here
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France: Farm ministry lowers soft wheat, barley and rapeseed crop estimate
...Click here
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UK: June 2020 malting barley use the lowest June figure since 1990
...Click here
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India: Weak demand for beer makes barley prices tumble
...Click here
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Germany: Non-alcoholic beer production up 97% since 2009
...Click here
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Ireland: Guinness sales sharply down in Ireland over past year
...Click here
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Kenya: Keroche Breweries scales down on major operations
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Barley Prices
Theoretical Malt Prices
These Days in Business History
06 August
1661 - Holland sells Brazil to Portugal for 8 million guilders
1945 - Hiroshima Peace Day-atom bomb dropped on Hiroshima by "Enola Gay"
1990 - UN Security Council votes 13-0 (2 abstentions Cuba & Yemen) to place economic sanctions against Iraq
07 August
1888 - Theophilus Van Kannel of Philadelphia patents revolving door
1928 - The dollar shrinks, literally: the US Treasury unveiled a new version of the note that was one third smaller than its predecessor
1955 - Tokyo Telecommunications Engineering, the precursor to Sony, sells its first transistor radios in Japan
1959 - Explorer 6 transmits 1st TV photo of Earth from space
08 August
1709 - known ascent in hot-air balloon, Bartolomeu de Gusmao (indoors)
1876 - Thomas Edison patents mimeograph (stencil duplicator or the printing machine)
1876 - Thomas Edison receives a patent for his mimeograph
1896 - The Dow Jones Industrial Average, less than three months old, hits the lowest level ever recorded: 28.48, down 30.5% in just ten weeks
09 August
1874 - Harry S Parmelee patents sprinkler head
1945 - US drops 2nd atomic bomb "Fat Man" on Japan destroys part of Nagasaki
1976 - USSR launches Luna 24, last Lunar flight to date from Earth
Agenda
September 2020:
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
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 Online 2020 (Online)
18 - 08 October: WBC Connect 2020 (Online)
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)
16 - 17: Great American Beer Festival 2020 (Online)
19 - 20: Planete Biere 2020 (Paris, France)
21 - 24: Beer 2020 (Sochi, Russia)
23 - 25: Cerveza Mexico Expo 2020 (Mexico City, Mexico)
26 - 28: VLB Brewing Conference 2020 (Leipzig, Germany)
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 - 22: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
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)
March 2021:
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
May 2021:
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
June 2021:
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
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Brewery News
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India: United Breweries doesn’t expect normalcy to be achieved during current financial year
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With coronavirus pandemic impacting its operations, United Breweries Ltd (UBL) on August 5 said it expects normalcy to be achieved only after the current
...More info on site
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Japan: Four major brewers report January-June sales falls
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Four major Japanese brewers have reported January-June sales falls, as temporary closures of bars and restaurants due to the coronavirus pandemic dragged down domestic
...More info on site
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Ireland: Total, per capita beer consumption decline in Ireland in 2019
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Drinks Ireland | Beer has released its annual beer market report, which states that total beer consumption fell by 2% in Ireland last year,
...More info on site
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Japan: Kirin Holdings cuts full-year profit outlook as coronavirus pandemic hits beer sales globally
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Japan’s Kirin Holdings cut its full-year profit outlook on August 7 as the coronavirus pandemic hit global sales of its beer, but said its
...More info on site
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Croatia: Croatian brewers’ consolidated profit falls 17.8% last year
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The consolidated profit of beer producers in Croatia fell by 17.8% to 284.4 million kuna ($45 million/38 million euro) last year, Croatia's financial agency
...More info on site
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Australia: Carlton & United Breweries and Asahi Premium Beverages to combine by Q4 2020 and operate under the CUB name
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Carlton & United Breweries and Asahi Premium Beverages will combine by Q4 2020 and will operate under the Carlton & United Breweries name, the Beer & Brewer reported on August 6.
In a statement released by Asahi on August 6, their Chair Peter Margin said: “Asahi Beverages is proud to be investing in Australia for the long-term. We have incredible confidence in the Australian market and the potential for long-term growth.”
The merger brings the likes of Asahi Super Dry, Peroni, Corona, VB, Pirate Life, 4Pines and Balter all under the one CUB banner.
CUB became officially owned by Asahi back in June, placing it as the newest business division of the Asahi Beverages Regional Hub alongside Asahi Premium Beverages, Asahi Lifestyle Beverages and Asahi Beverages NZ.
Robert Iervasi, Group CEO, Asahi Beverages Oceania, said: “The combination of CUB and Asahi Premium Beverages will give our customers access to a leading portfolio which will deliver a superior customer experience and excite our consumers. It will also make it easier for our valued suppliers and partners to do business with us.
“We’re very pleased that Peter Filipovic will continue to lead CUB as CEO of our alcohol Business Division in Australia, joining Stuart Roberts CEO Asahi
...More info on site
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Russia: Beer import up 38.2% in Q1 2020
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According to SeaNews Russian Foreign Trade Customs Statistics online service, in Q1 2020 Russia imported $582.2 mln worth of alcoholic and non-alcoholic beverages, up
...More info on site
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Germany: Non-alcoholic beer production up 97% since 2009
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The production of non-alcoholic beer in Germany has almost doubled in the past decade, increasing by 97% since 2009, according to the latest data
...More info on site
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Ireland: Guinness sales sharply down in Ireland over past year
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Guinness sales have declined sharply in Ireland over the past year in the wake of the coronavirus pandemic which has devastated the pub and hospitality industry, the Irish Post reported on August 5.
According to full-year results from parent company Diageo, demand for the iconic Irish stout has dropped dramatically across the Emerald Isle with sales down nearly a quarter over the past year.
Diageo reported a 22% drop in sales of the black stuff across Ireland over the 12-month period ending in June.
It comes as part of a wider tread for dramatic drops in demand across with Diageo recording a 20% decrease in sales across all of its drink brands in Ireland.
By comparison, there was a decline of just 4% over the same period in the UK, with the contrasting data attributed to generally stronger sales and the decision to keep pubs closed for longer in Ireland.
While beer sales were already reported as being “soft” in Ireland prior to the pandemic, the dramatic drop in Guinness sales coincided with the closure of pubs in mid-March.
It sparked some pubs to begin offering Guinness deliver services, with Guinness also took action with a keg return scheme
...More info on site
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Kenya: Keroche Breweries scales down on major operations
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Liquor companies are struggling to stay afloat amid the economic crisis caused by the ripple effect of the coronavirus pandemic, the Daily Nation reported on August 4.
Keroche Breweries chief executive officer Tabitha Karanja said her company has been forced to consider cost cutting measures to survive the harsh economic times.
Speaking to the Nation via telephone, she said the firm had scaled down on major operations, only retaining staff offering critical services like maintenance.
"It is a global phenomenon and just like many companies around the world, we have to adapt to measures that will enable us to survive this critical period," said Mrs Karanja.
Prior to the halting of beer selling in bars, the company had increased its online presence and embraced home deliveries, aimed at retaining its customer base.
"Beer taking in African setup is a social event and drinking from home is not as popular," said Mrs Karanja.
She also said that some employees are on unpaid leave while others had their stay home period extended.
The CEO said she was in support of the President’s order to halt the selling of liquor in bars and other social places.
"The move is aimed at helping to curb the spread of the virus and I
...More info on site
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Barley News
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France: Farm ministry lowers soft wheat, barley and rapeseed crop estimate
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France's farm ministry lowered its estimate of the 2020 soft wheat harvest to 29.71 million tonnes, down 1.6 million tonnes from its initial forecast
...More info on site
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UK: June 2020 malting barley use the lowest June figure since 1990
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In June 2020 UK brewers, maltsters and distillers used 116.9 thousand tonnes of barley, according to AHDB’s latest statistics on cereals usage. This is
...More info on site
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India: Weak demand for beer makes barley prices tumble
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Weak demand for beer has made barely 20% cheaper over the last three months in India, the Economic Times reported on August 5.
The lockdowns,
...More info on site
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UK: Six-row barley harvest so far disappointing
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Harvest is moving on across the country, with a continuing trend of yield variability but with quality largely exceeding expectations, the Farmers’ Weekly reported on August 5.
Six-row barleys, however, are so far proving to be disappointing.
Winter barley has been coming in at under 15% moisture with specific weights easily making 62-64kg/hl, says Cecilia Pryce, head of research at Openfield.
Although not much wheat has arrived yet, she is expecting varied results. “This year some farmers were not able to get winter varieties into the ground until well into the new year,” she explains.
“We have farmers who have planted in some appalling conditions. Milling varieties have been grown as feed wheat – so any variety-specific quality results should be treated with caution.”
Cornwall
Winter barley started moving off farm in Cornwall two weeks ago, according to Mike Freke, director at Mi-Grains in Perranporth.
“Quality is very good with yields being better than expected,” he says. “We’ve had farmers reporting yields above 7.4t/ha – for most, winter barley has come off nice and clean, averaging 6.8t/ha with specific weights about 68kg/hl.”
According to Mr Freke, the area still favours the tested variety Cassia, although a few have grown hybrids and six-rows.
“The six-rows have been terrible – a
...More info on site
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