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E-Malt.com Flash 53a
December 28 - December 31, 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 30, 2020 |
Base Currency: US Dollar
on December 30, 2020 |
| |
1 EUR = 1.2245 USD
1 EUR = 0.9074 GBP
1 EUR = 1.5693 CAD
1 EUR = 1.6103 AUD
1 EUR = 126.9300 JPY
1 EUR = 6.3926 BRL
1 EUR = 90.3770 RUB
1 EUR = 7.9963 CNY
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1 USD = 0.8166 EUR
1 USD = 0.7411 GBP
1 USD = 1.2816 CAD
1 USD = 1.3150 AUD
1 USD = 103.6200 JPY
1 USD = 5.2206 BRL
1 USD = 73.8079 RUB
1 USD = 6.5303 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 30, 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 | |
| Feed Barley (FOB Creil) |
191.00-193.00 | |
| 2RS Malt (FOB Antwerp) |
407.50-409.50 | |
| 6RW Malt (FOB Antwerp) |
393.00-395.00 | |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
198.00-200.00 | |
| 6RW Malting Barley (FOB Creil) |
188.00-190.00 | |
| 2RS Malt (FOB Antwerp) |
398.00-400.00 | |
| 6RW Malt (FOB Antwerp) |
385.50-387.50 | |
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) |
1,324.00-1,326.00 | |
| Malting Barley (West) |
1,324.00-1,326.00 | |
No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Corona beer fares better than most amid coronavirus pandemic
...Click here
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Russia & Ukraine: Russia harvests very good crops this year, Ukraine ships almost all of its barley surplus by November
...Click here
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EU: Weather mostly good for harvesting and planting in November
...Click here
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South Africa: President announces renewed ban on alcohol sales amid second wave of coronavirus infections
...Click here
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Nigeria: Nigerian Breweries’ Kaduna state plant ordered to reduce production
...Click here
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Belgium: Beer and chocolate categorised as ‘essential’ items during lockdowns
...Click here
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USA: AB InBev agrees to sell minority stake in can plants
...Click here
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Graph of the week
Table of the week
Eastern Europe Beer Production by Country 2012-2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 December
1869 - William Finley Semple of Mount Vernon OH, patents chewing gum
1895 - Auguste and Louis Lumiere are born (1st commercial cinema)
1967 - After 175 years, the New York Stock Exchange finally admits its first woman member, Muriel Siebert of Muriel Siebert & Co
2000 - U.S. retail giant Montgomery Ward announces it is going out of business after 128 years
29 December
1862 - Bowling ball invented
1867 - 1st telegraph ticker used by a brokerage house, Groesbeck & Co, NY
1891 - Edison patents "transmission of signals electrically" (radio)
1997 - Russia signs agreement to build a $3B nuclear power plant in China
30 December
1851 - Asa Griggs Candler is born (developed Coca-Cola)
1854 - Pennsylvania Rock Oil Company, 1st in US, incorporated in New York NY
1861 - US banks stops payments in gold
1958 - French franc devalued
1988 - Mercedes-Benz pays $20.2-M fine failed to meet '86 government fuel standard
1990 - 11th United Negro College Fund raises $10,000,000
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: Corona beer fares better than most amid coronavirus pandemic
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Corona, the Mexican beer, has come through the coronavirus pandemic better than most, CBS News reported on December 25.
Profit from the beer division of alcohol company Constellation Brands, which owns the rights to Corona in the United States, rose 13% in the late summer and fall, according to Wall Street analysts. Sales did fall slightly in the summer, dipping about 2%.
Early on in the pandemic many thought the beer brand would take a hit from its false association with the virus that causes COVID-19. Back in January, there was a flood of misinformation connecting Corona to the coronavirus. There is no connection.
Nonetheless, Google searches for "beer virus" and "corona beer virus" surged earlier this year. Corona brand's Instagram account got flooded with jokes in its comments. One commenter suggested Corona change its name to something with fewer negative connotations, "like Ebola."
Constellation decided not to address the misinformation. It also went ahead with its planned launch of a line of Corona-branded alcoholic seltzers. "We believe that consumers, by and large, understand there's no linkage between the virus and our beer/business," a spokesperson told CBS MoneyWatch in January.
That appears to have been the right decision. Corona's sales were dented slightly after Mexico
...More info on site
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UK: EU exit to see VAT cut on beer on January 1
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Breaking free from the EU on January 1 will allow UK ministers to throw traditional pubs a tax cut lifeline, industry chiefs said.
Chief executive Emma McClarkin said: "The existing VAT cut on food and soft drinks does nothing to help those pubs who rely on beer sales for their revenues, and it’s important to remember that seven in ten of all alcoholic drinks sold in pubs are beer.
“Once the UK is no longer bound by EU structures on tax the Government can take the simple step of extending the cut to cover beer sold in pubs as well.
"This would be a huge boost to those pubs that have been singled out for extraordinarily harsh treatment under lockdowns and tier systems.”
Ms McClarkin said coronavirus restrictions have left pubs facing their worst December on record “by a distance”.
“If we want there to be pubs for us to come back to once this crisis has passed they need help - and they need it urgently.
“Cutting VAT on beer sold in pubs is a small cost for the Government but would be a major boost to our brewers and pubs to the tune of £130 mln, just when they need it most."
Chancellor Rishi Sunak
...More info on site
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South Africa: President announces renewed ban on alcohol sales amid second wave of coronavirus infections
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South African President Cyril Ramaphosa announced a renewed ban on alcohol sales and extended a curfew in a bid to contain the fallout from a second wave of coronavirus infections that have pushed the cumulative caseload past the one million mark, Bloomberg reported on December 28.
The country moved to virus alert level 3 from level 1 from midnight on Monday, Dec. 28 until Jan. 15, and the wearing of masks in public places will be made compulsory, Ramaphosa said in a televised address. Most public gatherings other than funerals will be banned, and the hours of a nationwide curfew will be extended to 9 p.m. to 6 a.m., he said.
“We are at an extremely dangerous point in our fight against the pandemic,” Ramaphosa said. “We have no choice but to observe the highest degree of vigilance.”
The pandemic and restrictions imposed to contain it have devastated Africa’s most industrialized economy with the central bank forecasting that gross domestic product will contract 8% this year. The new curbs, which come at the height of the holiday season, will deal a further blow to the beleaguered tourism and hospitality industries and make it more difficult to engineer a rebound next year.
Shares in companies
...More info on site
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Nigeria: Nigerian Breweries’ Kaduna state plant ordered to reduce production
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The Kaduna state is currently facing acute shortage of beer, after the state government reportedly directed the Nigerian Breweries Plc to reduce the production and sale of its products.
According to SaharaReporters, the decision is affecting marketers, who have had to resort to imports of the products from as far as Aba, Abia State, and Imo State, to bridge the supply gap.
An insider noted that the decision of the state government to direct the factory to cut down on production might be connected to the second wave of COVID-19 in the state.
But an insider at the Nigerian Breweries stated that the beer shortage, being experienced currently across the northern zone, was due to consumers’ high demand towards the festive period.
The source, who pleaded anonymity, also said the problem might last for another two weeks before the situation improved.
The NB products’ distribution, operation and consumption had been facing severe attacks in most parts of the northern states in recent times, especially in Kano and Zaria in Kaduna State, among others.
NB spokesman, Mr Danjuma, did not answer his calls as at the time of filing this report.
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Belgium: Beer and chocolate categorised as ‘essential’ items during lockdowns
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Belgium has redefined what ''essential'' means in view of the ongoing COVID-19 pandemic by doing the unprecedented. The Belgian government has categorised chocolate as an essential food item as certain shops were allowed to remain open during the lockdowns, WION reported on December 29.
The chocolate produced in Belgium is world-famous, and shops that sell chocolates were allowed to remain open during the lockdown, while other ''non-essential'' shops were forced shut.
One of the world's oldest and famous producers of chocolate in Belgium - Neuhaus' CEO Ignace Van Doorselaere told Sky News that chocolate is considered special in Belgian culture.
Comparing it to the cultural significance of beer and wine in France, Ignace referred to chocolate as a ''joyful product''. Food stores weren't forced shut in the country during lockdowns and chocolate makers are thankful for the same.
The other beloved product in Belgium - beer - was also being sold during the lockdown, with outlets allowed to stay open during the lockdown.
In fact, the world's first beer shop was in Belgium - Beer Mania, which opened in the 1980s. Owing to COVID-19, the bar had to shut down, but the shop remained open, even with low footfall.
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USA: AB InBev agrees to sell minority stake in can plants
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A group of investors led by New York-based private equity firm Apollo Global Management Inc. has agreed to acquire a 49.9% minority stake in Anheuser-Busch InBev’s U.S.-based metal container plants for about $3 billion, the Milwaukee Business Journal reported on December 29.
The buying consortium includes entities advised by Apollo and its subsidiaries and a group of institutional investors, according to a release by Apollo.
The deal is slated to close by Jan. 8. AB InBev officials said separately that once the transaction is completed, it will create additional shareholder value by “optimizing its business at an attractive price” and generate funds to repay debt, in line with the company’s deleveraging commitments.
Burdened with heavy debt since its $108 billion takeover of SABMiller in 2016, the global brewer has made it a priority to raise cash to pay down its debt, selling its Australian unit to Asahi Group for $11.3 billion, cutting its dividends and attempting a $9.8 billion Hong Kong IPO.
The 2016 SABMiller deal resulted in the sale of the domestic brewer MillerCoors to Molson Coors Brewing Co., now Molson Coors Beverage Co. with headquarters in Chicago and many administrative functions in Milwaukee.
AB InBev will continue to control operations at its U.S.-based
...More info on site
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Barley News
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Russia & Ukraine: Russia harvests very good crops this year, Ukraine ships almost all of its barley surplus by November
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Russia harvested very good grain crops, so the Agriculture Ministry announced an increase of the 2021 wheat export quota from 15 to 17.5 mln
...More info on site
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EU: Weather mostly good for harvesting and planting in November
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Autumn weather has been too rainy in October, good for harvesting and planting in November, except for too much precipitation in the Czech Republic
...More info on site
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