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Flash Summary
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E-Malt.com Flash 33a
August 10 - August 12, 2020
Quote of the Week
You will never win if you never begin.
Helen Rowland
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Currency Rates
Base Currency: Euro
on August 12, 2020 |
Base Currency: US Dollar
on August 12, 2020 |
| |
1 EUR = 1.1756 USD
1 EUR = 0.8986 GBP
1 EUR = 1.5645 CAD
1 EUR = 1.6409 AUD
1 EUR = 124.9300 JPY
1 EUR = 6.3971 BRL
1 EUR = 85.9388 RUB
1 EUR = 8.1676 CNY
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1 USD = 0.8505 EUR
1 USD = 0.7644 GBP
1 USD = 1.3308 CAD
1 USD = 1.3957 AUD
1 USD = 106.2700 JPY
1 USD = 5.4416 BRL
1 USD = 73.1026 RUB
1 USD = 6.9477 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 12, 2020 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
172.00-174.00 |  |
| 6RW Malting Barley (FOB Creil) |
165.00-167.00 | |
| Feed Barley (FOB Creil) |
161.00-163.00 | |
| 2RS Malt (FOB Antwerp) |
366.00-368.00 | |
| 6RW Malt (FOB Antwerp) |
357.50-359.50 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,154.00-1,156.00 |  1.70% |
| Malting Barley (West) |
1,154.00-1,156.00 | 1.70% |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
China: China Resources Beer (Holdings) to shut down one-thirds of its breweries over five years
...Click here
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Italy: Italy sets new records for beer production, export and consumption in 2019
...Click here
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India: India’s craft brewer B9 Beverages in talks with international brewers about possible stake sale
...Click here
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World: Discount versus wheat makes barley attractive in most markets
...Click here
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France: Barley production expected to decline due to adverse weather and pest infestation this year
...Click here
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Argentina: MY 2020/21 barley production forecast at 3.5 mln tonnes
...Click here
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USA: Beer consumers settling into the ‘next’ normal
...Click here
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Australia: Craft brewer Broo Ltd strikes a deal with Carlton & United Breweries for two of its brands to be made at CUB’s facility in Queensland
...Click here
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Belarus: President says Belarus should rely on its own malting barley
...Click here
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Graph of the week
Table of the week
Beer Industry in the Netherlands 2016-2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 August
1500 - Diego Diaz discovers Madagascar
1793 - The Musee du Louvre is officially opened in Paris, France
1961 - England applies for membership in the European Common Market
1981 - Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 - UN estimates Asia's population hit 3 billion
11 August
1909 - SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1992 - The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota
12 August
1856 - Anthony Fass patents accordion
1877 - Thomas Edison invents Edisonphone, a sound recording device
1960 - Echo 1, 1st communications satellite, is launched
1981 - The IBM Personal Computer is released
Agenda
September 2020:
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
05 - 05: Copa Cervezas de America 2020 (Award Ceremony) (Mar del Plata, Argentina)
11 - 13: The Great British Beer Festival 2020 (virtual) (Virtual)
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: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)
30 - 01 November: Brussels Beer Challenge 2020 (Brussels, Belgium)
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)
18 - 22: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
20 - 21: Beervana 2020 (Wellington, New Zealand)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
February 2021:
05 - 07: Finest Spirits 2021 (Munich, Germany)
09 - 13: Great British Beer Festival Winter 2021 (The New Bingley Hall, Birmingham, UK)
11 - 15: HoReCa 2021 (Athens, Greece)
21 - 24: Beer & Food Attraction 2021 (Rimini, Italy)
March 2021:
02 - 04: Beviale Mexico 2021 (Centro Citibanamex, Mexico City)
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 18: Zythos Beer Festival 2021 (Leuven, Belgium)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
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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China: China Resources Beer (Holdings) to shut down one-thirds of its breweries over five years
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Snow beer maker China Resources Beer (Holdings) will close as many as one-third of its breweries over five years after a buying spree left
...More info on site
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Italy: Italy sets new records for beer production, export and consumption in 2019
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Italy set new records for beer production, export and consumption last year, according to AssoBirra's Annual Report for 2019.
Production increased for the third year
...More info on site
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India: India’s craft brewer B9 Beverages in talks with international brewers about possible stake sale
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India’s B9 Beverages, maker of popular craft beer Bira, is in talks with international brewers and investors to sell a stake of up to 20% in the company, its chief executive told Reuters on August 11.
“We’ve been looking for a combination: (an) international beer company as a strategic investor and a separate financial partner,” CEO Ankur Jain said in a phone interview, adding that the company was in the “intermediate stage” of raising funds.
“We’ve been talking to beer companies that are not competitive in India or have minimal operations in India.”
Data provider PitchBook estimates New Delhi-based Bira was valued at $210 million in 2018. U.S.-based Sequoia Capital holds a roughly 45% stake in the company, while CEO Jain and his family own around 30%.
Jain declined to name the companies with which it is in talks, but four industry sources said Bira had been in talks with Kirin Holdings, one of Japan’s biggest beer makers which has limited sales in India.
A Kirin spokesman said there was “absolutely no discussion at the moment” on taking a stake in Bira. Last week Kirin cut its full-year profit outlook due to the COVID-19 impact and said it would avoid “non-essential” investments.
A Kirin source said
...More info on site
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USA: Beer consumers settling into the ‘next’ normal
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US beer consumers are settling into the “next” normal — and that means increased sales in the convenience channel, according to Nielsen VP of beverage alcohol practice Danelle Kosmal, Brewbound reported.
For the fifth consecutive week, off-premise dollar sales growth of beer, FMBs and cider in convenience stores outpaced sales in larger channels, Kosmal wrote in her weekly update.
For the one-week period ending August 1, beer category sales in c-stores increased 16.7% compared to the same week a year ago, while sales in food, drug, mass and club stores increased 9.9%. This marks a reversal of early COVID-19 trends, when consumers stocked their fridges with beer, cider, seltzer and FMBs from grocery and other large-format stores.
“During the early stages of COVID, growth rates of the grocery channel were close to double the growth rates of the convenience channel,” Kosmal wrote. “The bounce back of c-store, which of course is beer’s most important channel, is another sign that consumers have settled into a ‘next’ normal.”
Total dollar sales of beer category products during the last week in July increased 13.9% (core beer, excluding hard seltzer and FMBs, was up 7.8%) compared to the same week a year ago.
The latest one-week period also marked
...More info on site
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Australia: Craft brewer Broo Ltd strikes a deal with Carlton & United Breweries for two of its brands to be made at CUB’s facility in Queensland
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One of Australia's smallest brewers, Broo Ltd, struck a deal with the A$16 billion beer giant Carlton & United Breweries for two of its brands to be made at the Yatala brewery in Queensland, boosting access to a market that is providing a glimmer of hope for the tiny company, The Australian Financial Review reported on August 12.
Broo is struggling. Its cash receipts shrunk to just A$420,000 in the June quarter, with new COVID-19 restrictions in its Victorian base meaning its two hospitality venues are shut, and staff are on JobKeeper payments.
Chief executive and major shareholder Kent Grogan said on August 12 the brewing deal with CUB gave the company a ray of hope in tough times.
"It's fantastic for us,'' he said.
"A lot of our best growth is coming from Queensland at the moment,'' he said.
Broo has a sharemarket capitalisation of A$12 million and its share price was wallowing at 1.7¢, before a 36 per cent jump on August 12 to 2.3¢ by noon AEST.
CUB, Australia's biggest beer company with brands including Victoria Bitter, Carlton Draught and Crown Lager, was acquired for A$16 billion by Japanese giant Asahi in a deal which settled in early June. A CUB spokesman said
...More info on site
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Barley News
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World: Discount versus wheat makes barley attractive in most markets
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In most markets of the world the discount versus wheat makes barley an attractive feed component, and usage will most likely increase during the
...More info on site
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EU: New crop barley exports smaller than last year
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As per Taxud, the EU exported 7.6 mln tonnes of barley in 2019/20 vs. 4.6 mln the year before, H. M. Gauger GmbH reported
...More info on site
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France: Barley production expected to decline due to adverse weather and pest infestation this year
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Adverse weather and pest infestation has led to a decrease in France’s production of wheat and barley but there is still hope for corn,
...More info on site
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Argentina: MY 2020/21 barley production forecast at 3.5 mln tonnes
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Argentina’s barley production in MY 2020/21 is forecast at 3.5 million tonnes. A weakening global demand for feed and malting barley, higher returns for
...More info on site
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Belarus: President says Belarus should rely on its own malting barley
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Belarus should rely on its own raw materials to meet domestic needs for malting barley, Belarus President Aleksander Lukashenko said as he hosted a session to discuss the food industry prospects on 11 August, BelTA reports.
“As far as malting barley is concerned, you need to set production targets right now. We should not lose money [by importing it]. Come to an agreement on prices, do not push hard. Malting barley is not just any barley. You know how to cultivate it. It is a bit more difficult, but not too much,” Aleksander Lukashenko said.
The head of state urged to take advantage of good weather now to procure as much malting barley as possible. “Protect the market of malt and beer,” Aleksander Lukashenko noted.
Following the session, Chairman of the Belarusian state food industry concern Belgospishcheprom Anatoly Buben told reporters that domestic companies have to import a significant amount of malting barley. He believes that the president's instruction will help fully meet the needs for raw materials of the Belsolod company by locally made malting barley as early as next year. “I am sure this will be done,” Anatoly Buben noted.
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