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Flash Summary
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E-Malt.com Flash 35a
August 24 - August 26, 2020
Quote of the Week
Winning doesn't always mean being first. Winning means you're doing better than you've done before.
Bonnie Blair
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Currency Rates
Base Currency: Euro
on August 26, 2020 |
Base Currency: US Dollar
on August 26, 2020 |
| |
1 EUR = 1.1819 USD
1 EUR = 0.9008 GBP
1 EUR = 1.5604 CAD
1 EUR = 1.6464 AUD
1 EUR = 125.5900 JPY
1 EUR = 6.5965 BRL
1 EUR = 88.5158 RUB
1 EUR = 8.1684 CNY
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1 USD = 0.8460 EUR
1 USD = 0.7621 GBP
1 USD = 1.3203 CAD
1 USD = 1.3929 AUD
1 USD = 106.2500 JPY
1 USD = 5.5812 BRL
1 USD = 74.8925 RUB
1 USD = 6.9112 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 26, 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) |
167.00-169.00 |  |
| Feed Barley (FOB Creil) |
163.00-165.00 | 0.61% |
| 2RS Malt (FOB Antwerp) |
366.00-368.00 | 0.33% |
| 6RW Malt (FOB Antwerp) |
360.00-362.00 | |
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) |
1,134.00-1,136.00 |  0.89% |
| Malting Barley (West) |
1,134.00-1,136.00 | 0.89% |
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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.
Japan & USA: Asahi to raise up to $1.5 bln in share offering to repay loans taken for CUB acquisition
...Click here
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EU: Barley production and consumption expected to decline in 2020/21
...Click here
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EU: Winter crop harvest winding down across much of Europe
...Click here
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Russia & Ukraine: 2019/20 barley exports top 5 mln tonnes in Ukraine and 3 mln in Russia
...Click here
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World: Global cultivated hop acreage expected to reach its highest level since 1997
...Click here
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USA: July marks second consecutive moth of increased yoy beer shipments
...Click here
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Kenya: East African Breweries Limited reduces barley and sorghum orders due to Covid-19 pandemic
...Click here
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UK: Diageo says it’s committed to sourcing local malting barley
...Click here
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Graph of the week
Table of the week
Germany Hop Area and Production and Alpha Acid Output 2010-2020f
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 August
1853 - 1st potato chips prepared by Chef George Crum (Saratoga Springs, NY)
1869 - Cornelius Swarthout patents waffle iron
1995 - Windows 95 debuts
25 August
1609 - Galileo demonstrates his 1st telescope to Venetian lawmakers
1900 - Friedrich Nietzsche philosopher, dies in Weimar, Germany
1956 - 1st non-stop transcontinental helicopter flight arrived Washington D.C.
26 August
1541 - Turkish sultan Suleiman occupies Budapest and annexes Hungary
1843 - Charles Thurber patents a typewriter
1880 - Guillaume Apollinaire was born, poet/movie critic (Alcoola)
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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Japan & USA: Asahi to raise up to $1.5 bln in share offering to repay loans taken for CUB acquisition
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Japanese beverage maker Asahi Group Holdings said on August 25 it would raise up to $1.5 billion in a share offering to help repay
...More info on site
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USA: July marks second consecutive moth of increased yoy beer shipments
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July 2020 marked the second consecutive month of increased year-over-year shipments, according to the Beer Institute (BI), which shared unofficial estimates of domestic tax paid shipments compiled by the Alcohol and Tobacco Tax and Trade Bureau (TTB), Brewbound reports.
On the heels of shipping 16.6 million barrels of beer in June 2020, U.S. brewers shipped 15.1 million barrels of beer in July, a 1.9% increase compared to July 2019.
The latest shipment data again comes with an asterisk: The BI noted that estimates for March through July will likely be revised moving forward as the TTB has postponed for up to 90 days reporting requirements for filing and payment due dates on or before June 30.
As such, March 2020’s shipment data has been revised to include 200,000 additional barrels, which moved the month’s shipments into the black, with an increase of 130,000 barrels, up 09.% compared to March 2019. Previous estimates had March 2020’s numbers declining 0.5% (or 70,000 barrels).
Through the first seven months of 2020, U.S. brewers have shipped nearly 97.7 million barrels of beer, a decline of 0.7% (or 707,325 barrels). That’s a marked improvement from the early read on previous months.
As the numbers currently stand, U.S. brewers have shipped
...More info on site
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Barley News
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EU: Barley production and consumption expected to decline in 2020/21
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According to the EU Commission’s July 30 Supply & Demand Balance estimate, the EU-27 barley output is expected to reach 54.101 mln tonnes in
...More info on site
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EU: Winter crop harvest winding down across much of Europe
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The winter-crop harvest is winding down across much of Europe, and it appears that wheat production has been the worst hit by the extremely
...More info on site
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Russia & Ukraine: 2019/20 barley exports top 5 mln tonnes in Ukraine and 3 mln in Russia
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Barley exports in 2019/20 were 5.14 mln tonnes from Ukraine, and 3.6 mln tonnes from Russia. The new campaign started with 400 thousand tonnes
...More info on site
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Kenya: East African Breweries Limited reduces barley and sorghum orders due to Covid-19 pandemic
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The Covid-19 pandemic economic shocks is the reason East African Breweries Limited (EABL) has reduced orders for barley and sorghum from contracted farmers, The Standard reported on August 21.
In a statement to media houses on August 20, the brewer said the closure of on-trade outlets like bars, night clubs and restaurants, where beer made from barley and sorghum are consumed, has forced them to reduce the supplies they take from farmers this season.
"Our field extension officers contacted our registered farmers to notify them of this development," read the statement.
The company was quick to point out that though the coronavirus pandemic has affected business, it has taken measures to mitigate its impact on the contracted farmers.
"We have honoured all the contracts with the farmers in the financial year 2019-20, purchasing approximately 45,000 tonnes of barley and 32,000 tonnes of sorghum. We paid all farmers. In addition we will honour all barley and sorghum contracts issued in the current financial year (2020/2021) and pay all farmers once they harvest."
A section of farmers in Nakuru and Narok counties had expressed concerns that the company had declined to receive their harvest.
The company has, however, pledged to review its grain demand upwards once the economy
...More info on site
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UK: Diageo says it’s committed to sourcing local malting barley
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Drinks giant Diageo says it is committed to sourcing as much malting barley as possible from Scottish growers, The Courier reported on August 22.
The company made the comments after it emerged a shipment of Swedish malting barley, destined for Diageo, was unloaded in Montrose earlier last week.
Farmers took to social media to complain about the shipment, which follows many malting barley producers being told they may need to hold on to up to 20% of their contracted barley until March 2021 due to the implications of Covid-19 on grain storage.
The storage problem was blamed on reduced demand for malt following the downturn in production at distilleries and breweries during the coronavirus lockdown.
NFU Scotland’s combinable crops committee chairman, Willie Thomson, said farmers had contacted the union with concerns over the imported barley.
He said: “Reassurances are regularly sought and provided by the distilling sector that the maximum amount of its malting requirements continue to be sourced from Scottish growers.
“Honouring that commitment this harvest will be hugely important in a year when, because of last year’s awful autumn weather, spring barley plantings south of the border have soared.”
He added: “We are also aware that each year, small quantities of specialist varieties of barley
...More info on site
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Hops News
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World: Global cultivated hop acreage expected to reach its highest level since 1997
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Reports confirm that the global cultivated hop acreage will reach its highest level since the 1997 harvest. The world acreage for crop 2020 shows
...More info on site
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