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Flash Summary
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E-Malt.com Flash 30b
July 29 - August 01, 2021
Quote of the Week
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Currency Rates
Base Currency: Euro
on July 30, 2021 |
Base Currency: US Dollar
on July 30, 2021 |
| |
1 EUR = 1.1873 USD
1 EUR = 0.8510 GBP
1 EUR = 1.4803 CAD
1 EUR = 1.6065 AUD
1 EUR = 130.2100 JPY
1 EUR = 6.0461 BRL
1 EUR = 86.9356 RUB
1 EUR = 7.6733 CNY
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1 USD = 0.8422 EUR
1 USD = 0.7168 GBP
1 USD = 1.2469 CAD
1 USD = 1.3530 AUD
1 USD = 109.6700 JPY
1 USD = 5.0925 BRL
1 USD = 73.2239 RUB
1 USD = 6.4631 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 30, 2021 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
221.00-223.00 |  1.83% |
| 6RW Malting Barley (FOB Creil) |
214.00-216.00 | 1.42% |
| Feed Barley (FOB Creil) |
204.00-206.00 | 1.49% |
| 2RS Malt (FOB Antwerp) |
435.00-437.00 | 1.14% |
| 6RW Malt (FOB Antwerp) |
426.50-428.50 | 0.87% |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
203.50-205.50 | 1.93% |
Danish Malting Barley
Crop 2021
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,534.00-1,536.00 | 0.66% |
| Malting Barley (West) |
1,534.00-1,536.00 | 0.66% |
 No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: AB InBev underwhelms on second-quarter profit, retains forecast for EBITDA growth between 8-12% this year
...Click here
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Brazil: Ambev’s second-quarter profit rises thanks to highest ever sales volumes for the period and tax credit
...Click here
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World: Molson Coors delivers its best revenue growth in more than a decade
...Click here
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World: Diageo sees better-than-expected rise in full-year organic net sales
...Click here
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India & the Netherlands: Heineken obtains control of United Breweries
...Click here
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Vietnam: Beer industry lived through its most difficult year in 2020
...Click here
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India: Beer industry yet again negatively impacted by second wave of COVID-19
...Click here
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Poland: Average Pole over the age of 15 drinks 272 half-litre cans of beer per year
...Click here
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EU & UK: Spring malting barley surplus forecast at around 825 thousand tonnes
...Click here
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UK: Volume sales of alcohol increased by 25% during the peak of the pandemic
...Click here
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South Korea: HiteJinro hopes to boost beer sales this summer with Terra, FiLite brands
...Click here
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Australia: Australia’s grain industry adjusting to damaged malting barley exports
...Click here
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Japan: Drinks manufacturers introducing a range of low-alcohol products
...Click here
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Graph of the week
Table of the week
Poland Hop Area and Production and Alpha Acid Output 2009-2021(f)
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
29 July
1914 - 1st transcontinental phone link made between New York City & San Francisco
1952 - 1st nonstop transpacific flight by a jet
1956 - Jacques Cousteau's Calypso anchors in 7,500 m of water (record)
30 July
1863 - Henry Ford, car manufacturer was born
1897 - German chemist named Felix Hoffman synthesizes a stable form of acetylsalicylic acid in a laboratory in Berlin. The head of Bayer's pharmacological institute, Heinrich Dreser, soon names the product "aspirin," and it becomes the best-selling drug of all time
1928 - George Eastman demonstrates 1st color movie
1962 - The Trans-Canada Highway, the largest national highway in the world, is officially opened
31 July
1790 - 1st US patent granted, to Samuel Hopkins for a potash process
1809 - 1st practical US railroad track (wooden, for horse-drawn cars), Philadelphia
1925 - Unemployment Insurance Act passed in England
01 August
1930 - Clarence Birdseye is awarded a U.S. patent for the invention of packaged frozen food
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1981 - Pres. Ronald Reagan signs into law the Economic Recovery Tax Act of 1981, the biggest tax cut in American history, which streamlines the Federal income tax brackets, lowers the top rate to 36%, and creates the universally-deductible Individual Retirement Account
Agenda
August 2021:
13 - 14: Beervana 2021 (Wellington, New Zealand)
24 - 26: 2nd VLB Africa Brewing Conference (Online)
September 2021:
01 - 21 November: Brussels Beer Challenge 2021 (Brussels, Belgium)
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 20: The International Beer Cup 2021 (Yokohama, Japan)
21 - 23: 11th Ibero-American VLB Symposium (Online)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
23 - 25: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
30 - 02 October: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
October 2021:
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
18 - 20: Expo Antad & Alimentaria Mexico 2021 (Mexico City, Mexico)
20 - 22: drink technology India 2021 (Mumbai, India)
22 - 23: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
November 2021:
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
04 - 09: The European Beer Star 2021 (Munich, Germany)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
20 - 23: Beer & Food Attraction 2022 (Rimini Expo Centre, Rimini, Italy)
March 2022:
09 - 12: Festival Brasileiro da Cerveja 2022 (Blumenau, Brazil)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
April 2022:
01 - 01: Zythos Beer Festival 2022 (exact dates to be confirmed) (Leuven, Belgium)
May 2022:
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: Bev Expo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
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Brewery News
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World: AB InBev underwhelms on second-quarter profit, retains forecast for EBITDA growth between 8-12% this year
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Anheuser-Busch InBev underwhelmed on second-quarter profit on July 29 as costs increased even though the world's largest brewer drove revenues to above pre-pandemic levels.
The
...More info on site
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Brazil: Ambev’s second-quarter profit rises thanks to highest ever sales volumes for the period and tax credit
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Ambev SA's profit rose in the second quarter from a year earlier as sales volumes were the highest ever for the period and after
...More info on site
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World: Molson Coors delivers its best revenue growth in more than a decade
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Molson Coors Beverage Co. delivered its best revenue growth in more than a decade on July 29, less than two years after ushering in a revitalization plan aimed at investing in its core brands, increasing its premium offerings and expanding beyond the beer aisle.
The Colorado and Montreal-based company posted a second quarter net income of US$388.6 million, nearly doubling its US$195 million earnings a year earlier and handily surpassing analysts' expectations.
Molson Coors CEO Gavin Hattersley said the strong top line growth is an indicator of what's to come for the multinational drink and brewing company.
"Nearly two years ago we laid out the Molson Coors revitalization plan, a multi-year strategy to deliver the sustainable top line growth that has eluded our business for many years," he said during a conference call with analysts. "Today we can talk meaningfully about the outcomes from the revitalization plan."
The company's success comes from its diverse brand mix in the United States, significant "premiumization" of the Molson Coors portfolio and its growth beyond beer, especially with its hard seltzer segment, Hattersley said.
Above premium brand volumes reached a record-high portion of the company's U.S. portfolio compared to any prior quarter since the creation of the MillerCoors joint
...More info on site
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World: Diageo sees better-than-expected rise in full-year organic net sales
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Guinness-maker Diageo reported on July 29 a better-than-expected rise in full-year organic net sales growth as North American bars and restaurants reopened, helping to
...More info on site
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India & the Netherlands: Heineken obtains control of United Breweries
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Heineken N.V. (HEINEKEN) announced on July 30 that, following United Breweries Limited’s (UBL) annual general meeting on 29 July 2021, it has obtained control
...More info on site
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Vietnam: Beer industry lived through its most difficult year in 2020
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The year 2020 is said to have been the most difficult year for the beer industry in the last 20 years, due to the
...More info on site
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India: Beer industry yet again negatively impacted by second wave of COVID-19
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The Indian beer industry has yet again been negatively impacted with the onset of the second wave of COVID-19 and the outlook is volatile,
...More info on site
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Poland: Average Pole over the age of 15 drinks 272 half-litre cans of beer per year
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The average Pole over the age of 15 now drinks 272 half-litre cans of beer per year, according to a new report on the
...More info on site
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UK: Volume sales of alcohol increased by 25% during the peak of the pandemic
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Volume sales of alcohol increased by 25% during the peak of the pandemic in the UK, according to a new report.
The Monitoring Alcohol Consumption
...More info on site
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South Korea: HiteJinro hopes to boost beer sales this summer with Terra, FiLite brands
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HiteJinro hopes to boost beer sales this summer with its best-selling lager, Terra, and low-malt beer, FiLite, the Korea Times reported on July 28.
It has only been two years since the launch of Terra, but the brew has become one of the top-sellers here with its cumulative sales reaching 1.65 billion bottles as of March of this year.
Terra also holds another auspicious record.
Sales surpassed 1 million boxes just 39 days after its introduction, which is the fastest growth for a beer manufactured in Korea. Sales continued to rise to more than 1.3 million bottles sold by October 2020.
HiteJinro expects the popularity of its lager to continue this year. Unfazed by the resurgence of COVID-19 infections in the country, the brewer has targeted the niche market of people drinking at home.
HiteJinro decided to lower the price of canned Terra beer starting on July 14. Terra lager sold in 500-milliliter cans will be offered with a 15.9 percent discount.
FiLite is another popular alcoholic beverage manufactured by HiteJinro, the cumulative sales of which surpassed 1.2 billion cans as of June.
The low-malt beer comes in three different types: original FiLite, FiLite Fresh and FiLite Radler. The FiLite series was first introduced in April of
...More info on site
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Japan: Drinks manufacturers introducing a range of low-alcohol products
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Leading Japanese spirits and beer manufacturers are introducing a range of low-alcohol products to the market, with the aim of meeting the needs of consumers who fear drinking too much, especially after the government's new call to stay indoors triggered by increase in infections from Covid-19, the European Food Agency reported on July 30.
Last month, Asahi Breweries Ltd. nationally launched Beery, a line of beer-like beverages with 0.5% alcohol content. The line, which premiered last March in the Tokyo metropolitan area, had recorded strong sales, especially between twenty and thirty year olds. In turn, Sapporo Breweries Ltd. will introduce The Drafty, a beer-inspired, malt-based drink with 0.7% alcohol in 35 cl cans for the domestic market in September, while Mercian Corp will launch in late August “Bon Rouge”, a red wine with an alcohol content of 6% (about half of that of a normal table wine).
According to research firm Intage, domestic sales of low-alcohol beverages in 2020 grew by 70% compared to 2013, reaching a value of 419.1 billion yen. The growing importance given to the "health" factor also supports the spread of these products. In 2013, the World Health Organization cited alcohol consumption as a risk factor for those
...More info on site
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Barley News
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EU & UK: Spring malting barley surplus forecast at around 825 thousand tonnes
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The total spring malting barley surplus in the leading EU producing countries plus the UK is forecast to reach 825 thousand tonnes this year,
...More info on site
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Australia: Australia’s grain industry adjusting to damaged malting barley exports
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The lack of Australian barley access to China dealt a heavy blow to the Australian grains industry, but there is a silver lining explained,
...More info on site
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Ireland: Spring barley harvest starts in Ireland
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In a rare occurrence, the spring barley harvest got underway in the past few days in Ireland, with reports of crops being cut in counties Cork and Wexford, while some farmers are still finishing off the winter barley harvest in parts of the country, The Irish Farmers Journal reported on July 28.
The recent hot weather resulted in quicker ripening of crops. Planet spring barley, planted in early February, went under the knife in Carrigtwohill, Co Cork, on Saturday on Denis O’Connor’s farm. Tillage manager at Dairygold, Liam Leahy, stated that the farm is always one of the first to cut in the area as it is on light land and described the crop as good-quality malting barley.
The crop crossed the weighbridge at Dairygold Mogeely with a moisture content of 16-17%, KPH of 65, protein content of 9% and screenings of 2%.
Strong yields were reported, with the crop exceeding 3t/ac. Straw yields were also reported to be high with good demand in the area.
Leahy said that intake could prove slightly awkward this season, as winter oats, winter oilseed rape and spring barley come together on the back of the good conditions.
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