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E-Malt.com Flash 52a
December 21 - December 27, 2020
Merry Christmas and a Happy New Year!
We wish you and your family and friends a very happy festive season and all the best in the coming New Year! May it bring you lots of joy and be completely different from 2020!
Your E-malt.com Team
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Currency Rates
Base Currency: Euro
on December 23, 2020 |
Base Currency: US Dollar
on December 23, 2020 |
| |
1 EUR = 1.2205 USD
1 EUR = 0.9113 GBP
1 EUR = 1.5727 CAD
1 EUR = 1.6172 AUD
1 EUR = 126.3100 JPY
1 EUR = 6.2688 BRL
1 EUR = 91.9354 RUB
1 EUR = 7.9877 CNY
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|
1 USD = 0.8192 EUR
1 USD = 0.7466 GBP
1 USD = 1.2886 CAD
1 USD = 1.3249 AUD
1 USD = 103.4900 JPY
1 USD = 5.1361 BRL
1 USD = 75.3243 RUB
1 USD = 6.5445 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 23, 2020 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
205.00-207.00 |  |
| 6RW Malting Barley (FOB Creil) |
193.00-195.00 |  2.51% |
| Feed Barley (FOB Creil) |
191.00-193.00 |  0.52% |
| 2RS Malt (FOB Antwerp) |
407.50-409.50 | |
| 6RW Malt (FOB Antwerp) |
393.00-395.00 | 1.54% |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
198.00-200.00 | 0.51% |
| 6RW Malting Barley (FOB Creil) |
188.00-190.00 | |
| 2RS Malt (FOB Antwerp) |
398.00-400.00 | 0.31% |
| 6RW Malt (FOB Antwerp) |
385.50-387.50 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
171.50-173.50 | 0.08% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,324.00-1,326.00 | |
| Malting Barley (West) |
1,324.00-1,326.00 | |
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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.
World: Beer expected to be one of the winners of the return to normal life
...Click here
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World: Beer consumption rises for the second straight year in 2019
...Click here
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Brazil: Heineken to build $353 mln brewery in Minas Gerais
...Click here
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UK: Beer sales estimated to have fallen 10% this year
...Click here
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Canada: Barley production in 2020-21 totalled 10.7 mln tonnes, final survey shows
...Click here
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EU: Barley markets depressed by large enough malting barley crop and uncertain malt and beer demand
...Click here
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United Kingdom: UK barley crop estimated at 8.36 mln tonnes this year
...Click here
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UK: Barley production seen at 8.12 mln tonnes this year
...Click here
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France: Whisky production picking up pace in France
...Click here
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Australia & China: WTO confirms complaint filed against China’s tariff on Australian barley
...Click here
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Australia: Australians spend an extra A$2 bln on alcohol this year
...Click here
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USA: Congress makes craft-brewery tax break permanent in COVID relief bill
...Click here
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UK: Marston’s steps in to rescue one of the biggest names in Welsh brewing
...Click here
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UK: No-deal Brexit expected to put in jeopardy Scottish barley and sheep sectors
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 December
1879 - Theodore Limperg, business economist
1882 - 1st string of Christmas tree lights created by Thomas Edison
1913 - 1st crossword puzzle (with 32 clues) printed in New York World
1937 - 1st feature-length color & sound cartoon premieres (Snow White)
22 December
1877 - "American Bicycling Journal" begins publishing (Boston, Mass)
1910 - US postal savings stamps 1st issued
1973 - Meeting in Tehran, the oil ministers of OPEC's six Persian Gulf member countries announce that they will unilaterally raise the price of crude oil to $7 per barrel. In two-and-a-half months, OPEC has raised the price of oil by 128%
23 December
1834 - Thomas R Malthus, English vicar/economist is born
1919 - Alice H Parker patents gas heating furnace
1922 - BBC Radio began daily newscasts
1973 - 6 Persian Gulf nations double their oil prices
Agenda
February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
12 - 14: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
23 - 24: IBD Asia Pacific Convention 2021 (Perth, Australia)
March 2021:
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
16 - 16: Beviale Mexico 2021 (Online)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
11 - 13: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
17 - 21: HoReCa 2021 (Athens, Greece)
18 - 20: EBC Symposium 2021 (Rome, Italy)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
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)
18 - 21: Beer 2021 (Sochi, Russia)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
25 - 26: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
September 2021:
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
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Brewery News
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World: Beer expected to be one of the winners of the return to normal life
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The second or continued corona wave has affected beer production and sales to various degrees, H. M. Gauger GmbH reported earlier in December.
Small
...More info on site
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World: Beer consumption rises for the second straight year in 2019
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Global beer consumption in 2019 rose for the second straight year backed by strong demand in Asia and Africa in tandem with their economic
...More info on site
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Brazil: Heineken to build $353 mln brewery in Minas Gerais
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Heineken NV intends to build a brewery in the Brazilian state of Minas Gerais, the state government and the company said in separate statements
...More info on site
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UK: Beer sales estimated to have fallen 10% this year
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Alcohol sales fell in 2020 in the UK despite a rise in home drinking during the lockdown and other coronavirus restrictions, The Independent reported
...More info on site
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Australia: Australians spend an extra A$2 bln on alcohol this year
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Household alcohol spending shot through the roof in Australia this year, with people spending A$2 billion more than normal on alcohol during the coronavirus pandemic, 9News reported on December 22.
A Finder analysis of Australian Bureau of Statistics data showed that in 2020, Australians spent an average of A$1891 on household alcohol – up A$270 on 2019.
Spending shot up 17 per cent year-on-year in the September quarter to A$6.18 billion, just shy of June's record-breaking A$6.21 billion.
"Months of being forced to stay home, along with the stress brought on by the pandemic, and frankly, boredom, are all reasons for increasing consumption," Finder insurance specialist Taylor Blackburn said.
"The average drinker is spending more than the cost of two gym memberships on grog."
A recent Finder survey showed spending on alcohol wasn't slowing down, with consumers looking to spend A$136 on alcohol on the period between Christmas and New Year's alone.
Following this year's pandemic, one in five Australians (20 per cent) increased their alcohol intake over the lockdown months, according to research from ANU.
Of those who drank more through the lockdowns, nearly one in three (28 per cent) consumed three to four standard drinks extra.
The top reasons for reaching for the liquor cabinet included
...More info on site
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USA: Congress makes craft-brewery tax break permanent in COVID relief bill
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The craft-beer industry appears to have dodged a doubling of federal excise taxes thanks to a provision in Congress’ long-awaited COVID-19 relief bill, The Daily Camera reported on December 22.
Buried within the almost-5,600-page bill is a permanent extension of the fermenters tax break, which applies to breweries, wineries and distillers. Both chambers of Congress voted to approve the $900 billion bill on December 21.
Under the provision first instituted in 2017, breweries that produce less than 2 million barrels annually are charged $3.50 per barrel in federal excise taxes for the first 60,000 barrels, down from the original $7 per barrel charge.
Larger brewers are charged $16 per barrel for their production between 60,000 barrels and 6 million barrels, down from the original $18 per barrel. Macrobrewers making more than 6 million barrels per year are charged $18 per barrel in federal taxes.
The provision also allows breweries to transfer beer to one another without incurring movement taxes.
The tax break was originally scheduled to terminate at the end of this year, something that the brewing industry lobbied aggressively against before the pandemic and in the past several months as widespread restrictions on eating and drinking establishments pushed several hospitality operators to the brink
...More info on site
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UK: Marston’s steps in to rescue one of the biggest names in Welsh brewing
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Marston’s has stepped in to rescue one of the biggest names in Welsh brewing with a deal to operate SA Brains’ 156 pubs in Wales as the beer industry reels from the impact of tough coronavirus restrictions across the UK, the Financial Times reported on December 23.
The deal will secure 1,300 jobs at the largest Welsh brewer, which makes an eponymous beer brand and has been owned by the same family since it was founded in 1882. The group has, however, come under “significant financial pressure” as a result of the coronavirus crisis.
This is “a mutually beneficial transaction that safeguards the future of Wales’ leading pub company, enabling these great pubs to have a stable and successful future, and securing 1,300 hospitality jobs in Wales”, Ralph Findlay, chief executive of Marston’s, said in a statement on Wednesday.
Under the terms of the deal, UK pub group Marston’s will operate 141 Brains pubs on lease agreements, most for 25 years, and a further 15 on management contracts for two years.
The move comes at a time when many pubs are teetering on the brink of collapse. Along with other hospitality venues, pubs shut their doors for most of November during England’s second lockdown and
...More info on site
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Barley News
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Canada: Barley production in 2020-21 totalled 10.7 mln tonnes, final survey shows
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For 2020-21, Canadian farmers produced 10.7 million tonnes of barley, according to Statistics Canada (STC)’s final 2020 production survey. This number is 5% larger than reported in STC’s September model-based report, and 3% and 23% larger than the level of last year and the previous five-year average, respectively.
At 11.8 mln tonnes, total supply has reached a ten year high.
Western Canada reported its best volume in more than a decade. Beneficial hot and dry weather
conditions at the end of the growing season in much of the prairie region, the top barley producing area in Canada, allowed for a higher area harvested and better yields.
Barley production in Alberta, the top barley producing province, is 7% and 23% larger than the prior-year’s level and the previous five-year average.
For Saskatchewan, barley production dropped slightly from last year but is 27% larger than the previous five-year average.
For Manitoba, barley production is up 30% from last year and up 29% from the previous five-year average.
In contrast, barley production in Eastern Canada, including Ontario and Quebec, as well as in Atlantic provinces, is 16%, 16% and 19% below September estimates, last year's level and the previous five-year average, respectively.
For the first four
...More info on site
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EU: Barley markets depressed by large enough malting barley crop and uncertain malt and beer demand
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A large enough crop of malting barley and an uncertain malt and beer demand during the corona crisis depressed markets in the weeks following
...More info on site
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United Kingdom: UK barley crop estimated at 8.36 mln tonnes this year
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DEFRA/AHDB estimate UK’s barley crop 2020 at 8.36 (last year 8.05) mln tonnes, H. M. Gauger GmbH reported earlier in December.
Feed use
...More info on site
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Australia & China: WTO confirms complaint filed against China’s tariff on Australian barley
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The World Trade Organization (WTO) confirmed the complaint filed against China’s tariffs on Australia’s barley exports, the South China Morning Post (SCMP) reported on December 21.
“China did not determine the export price on a reasonable basis when it improperly discarded the information provided by exporters and producers on the export price of barley, and determined the export price by reference to third-party information,” the complaint said.
“China imposed an 80.5 per cent tariff on Australia’s barley exports in May following the conclusion of an 18-month investigation.”
“Last week, outgoing trade minister Simon Birmingham said Australia’s decision to appeal to the World Trade Organization (WTO) was the ‘logical and appropriate next step’.”
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UK: Barley production seen at 8.12 mln tonnes this year
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The United Kingdom's wheat harvest this year is expected to be down 40.5% at 9.66 million tonnes, Britain's farming and environment ministry said on
...More info on site
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UK: No-deal Brexit expected to put in jeopardy Scottish barley and sheep sectors
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The viability of many Scottish farm businesses could be put in jeopardy by a no-deal Brexit, according to a report carried out by farm consultancy Andersons, The Courier reported on December 19.
It warns the output of the export-reliant sheepmeat and barley sectors will decline if the UK fails to secure a free trade agreement (FTA) with Europe.
The report, commissioned by the Scottish Government, projects the value of the annual output from the barley sector could reduce by 17.4%, or £47 million, by 2025, and the value of the sheepmeat sector is projected to decline by 35.8%, or £76 mln, in the same period.
Other sectors are predicted to fare well out of a no-deal Brexit scenario, with the annual output from the wheat, beef and liquid milk sectors predicted to rise by 5.3%, 18.8% and 14.3% respectively by 2025.
The report attributes these rises to the UK’s reliance on imports of beef, dairy and wheat – all of which could be disrupted in a no-deal scenario.
The impact of a no-deal Brexit on farm business income is also explored in the report, which predicts declines of 20.1% and 24.2% for the cereals and Less Favoured Areas cattle and sheep ventures respectively.
Income on dairy
...More info on site
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Whisky News
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France: Whisky production picking up pace in France
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Whisky is France’s favourite spirit and it is the country which drinks the most in the world, The Connexion reported on December 20.
A 2016 study by marketing group Bonial found that the French drank 2.15 litres per inhabitant a year compared to Uruguay in second place at 1.77 litres and the UK in seventh place at 1.25 litres.
It even beats Champagne in popularity, with 200 million bottles of whisky drunk every year, compared to 150 million bottles of bubbly.
By 2000, there were seven distilleries and by 2020 there were around 90, and more are opening every year.
95% of them have joined the Fédération du Whisky de France which is promoting the new adventure in a sector up to now dominated by Scotland, Ireland, the US and Germany.
Its Director, Philippe Jugé, says whisky was not made until recently due to a number of historic, social and economic factors: “We are a huge grain producer but in the 16th century when there was a shortage it became illegal to use it for anything other than bread, and this principal has remained deep in our culture, perhaps because we had grapes and wine, so other ways of making spirits and alcoholic drinks."
“Whisky
...More info on site
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