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Flash Summary
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E-Malt.com Flash 33b
August 19 - August 22, 2021
Quote of the Week
If you believe it'll work out, you'll see opportunities. If you don't believe it'll work out, you'll see obstacles.
Wayne Dyer
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Currency Rates
Base Currency: Euro
on August 20, 2021 |
Base Currency: US Dollar
on August 20, 2021 |
| |
1 EUR = 1.1684 USD
1 EUR = 0.8540 GBP
1 EUR = 1.4906 CAD
1 EUR = 1.6289 AUD
1 EUR = 128.3300 JPY
1 EUR = 6.3047 BRL
1 EUR = 86.5862 RUB
1 EUR = 7.5830 CNY
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1 USD = 0.8558 EUR
1 USD = 0.7309 GBP
1 USD = 1.2758 CAD
1 USD = 1.3941 AUD
1 USD = 109.8300 JPY
1 USD = 5.3963 BRL
1 USD = 74.1100 RUB
1 USD = 6.4904 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 20, 2021 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 |  2.42% |
| 6RW Malting Barley (FOB Creil) |
241.00-243.00 | 6.61% |
| Feed Barley (FOB Creil) |
230.00-232.00 | 3.13% |
| 2RS Malt (FOB Antwerp) |
474.50-476.50 | 1.58% |
| 6RW Malt (FOB Antwerp) |
459.50-461.50 | 4.17% |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
231.00-233.00 | 1.75% |
| 6RW Malting Barley (FOB Creil) |
219.00-221.00 | 0.92% |
| 2RS Malt (FOB Antwerp) |
447.50-449.50 | 1.11% |
| 6RW Malt (FOB Antwerp) |
432.50-434.50 | 0.57% |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
225.00-227.00 | 4.55% |
Danish Malting Barley
Crop 2021
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,704.00-1,706.00 |  |
| Malting Barley (West) |
1,704.00-1,706.00 | |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
South Korea: HiteJinro reports drop in beer sales and operating profit in Q2 2021
...Click here
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World: Barley production, S&D balance forecast reduced
...Click here
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Central Europe: Barley acreage slightly down in most countries this year
...Click here
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Black Sea Region: Ukraine’s barley crop seen up, Russia’s down this year
...Click here
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Poland: Barley crop prospects reduced by dry and hot conditions in June and July
...Click here
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UK: First-half whisky export figures show signs of recovery
...Click here
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Ukraine: Ukraine’s barley exports are likely to reach 4.4 mln tonnes in 2021/22
...Click here
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UK: Latest reports suggest a drawback in UK’s barley planted area
...Click here
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Malaysia: Food and beverage operators asking for resuming brewery operations due to beer shortage
...Click here
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USA, TX: AB InBev opening an Austin office to tap into region's marketing talent
...Click here
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Graph of the week
Table of the week
EU and UK Spring Malting Barley Supply & Demand Balance
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 August
1888 - 1st beauty contest (Spa, Belgium), 18 year old West Indian wins
1897 - 1st electric taxi's drive in London
1946 - Bill Clinton was born, the 42nd US President. (Former Little Rock Attorney)
20 August
1741 - Alaska discovered by Danish explorer Vitus Bering
1896 - Dial telephone patented
1960 - USSR recovers 2 dogs, 1st living organisms to return from space
21 August
1897 - Oldsmobile begins operation as a General Motors Corp division
1975 - U.S. lightens trade embargo against Cuba
1991 - Communist coup is crushed in U.S.S.R. in 2 days
22 August
1864 - International Red Cross forms
1901 - Cadillac Co forms
1932 - The BBC first experiments with television broadcasting
1980 - Mount Everest climbed by Italian Reinhold Messner, alone
Agenda
August 2021:
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:
04 - 09: The European Beer Star 2021 (Munich, Germany)
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
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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South Korea: HiteJinro reports drop in beer sales and operating profit in Q2 2021
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One of South Korea’s leading beer producers, HiteJinro posted consolidated 2Q21 sales of W565.5 bln (-2.8% y-y) and operating profit of W42.6 bln (-21.2%
...More info on site
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Malaysia: Food and beverage operators asking for resuming brewery operations due to beer shortage
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Breweries in Malaysia have remained closed for two months during phase one of the country’s national recovery plan. Now, food and beverage operators have asked the government to resume brewery operations due to a beer shortage, the Drinks Business reported on August 19.
As the pandemic spiked again in Malaysia this June, the country was back in lockdown and breweries were forced to close for over two months. The local food and beverage industry reported that the current beer inventory had bottomed out, and some had even been out of stock for a month.
In an interview by local newspaper Oriental Daily, the Malaysian Retailers Association commented that retailers have only been able to pick up limited quantities recently; meanwhile restaurants are starting to reopen and it is expected that the demand for bottled beer will increase accordingly.
Reports from vendors across Malaysia reveal that the beer inventory is close to running out, with some having been out of stock for nearly a month.
Although beer is a taboo subject within Muslim culture, it is widely welcomed by Malaysian Chinese, especially during traditional festivities such as the upcoming Yulan Festival, with some families and religious places using beer and dark beer as sacrifices for
...More info on site
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USA, TX: AB InBev opening an Austin office to tap into region's marketing talent
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Beer giant Anheuser-Busch InBev is coming to Austin to tap into the region's marketing talent, the Austin American Statesman reported on August 20.
The St. Louis-based company has chosen Austin as one of four cities for what it calls "regional consumer hubs" for marketing efforts. The other hubs will be in St. Louis, Los Angeles and Miami.
The Austin office will open in downtown this fall, with plans to start with a team of 20 employees in the first year, Marcel Marcondes, Anheuser-Busch chief marketing officer, told the American-Statesman. The office will consist of a mix of existing employees and new hires, with the goal of growing over time, he said.
"These new hubs will give us a great advantage in two ways," Marcondes said. "First, it helps us get even closer to consumers by unlocking deeper insights into local consumer tastes and preferences. And second, the new offices have the added benefit of increasing flexibility and opportunity for our teams and allowing us to hire more local talent."
While Anheuser-Busch will maintain its central marketing site in New York, the new hubs will allow the company to better connect with customers, Marcondes said.
“The regional hubs will be home to multifunctional marketing teams in
...More info on site
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Barley News
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World: Barley production, S&D balance forecast reduced
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Global barley production forecast is reduced to 153.8 mln tonnes in RMI Analytics’ August report, down 1 mln tonnes as compared to July and
...More info on site
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Central Europe: Barley acreage slightly down in most countries this year
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The countries from the Czech Republic to Croatia had variable, mostly average growing conditions, H. M. Gauger GmbH reported earlier in August.
Barley acres
...More info on site
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Black Sea Region: Ukraine’s barley crop seen up, Russia’s down this year
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UkrAgroConsult forecasts a Ukrainian barley crop of 8.8 mln tonnes vs. 7.64 mln tonnes last year. 68% are harvested with a good yield of
...More info on site
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Poland: Barley crop prospects reduced by dry and hot conditions in June and July
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Dry and hot conditions in June and July reduced Poland’s barley crop prospects, particularly in the north, H. M. Gauger GmbH reported earlier this
...More info on site
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UK: Latest reports suggest a drawback in UK’s barley planted area
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Both the AHDB Planting and Variety Survey (PVS) released 8 July, and Defra census released on August 19, suggest a drawback in UK’s barley planted area. This is driven by spring barley, as the winter barley area has increased.
Winter barley varieties are generally higher yielding, due to the longer growing season, and therefore the drop in barley production will likely be smaller than that in planted area. Although the Defra figures only cover England, on average 72% of total barley by area is grown in England and that increases to 85% for winter barley.
While harvest reports to-date point to winter barley yields being slightly better than average, at 6.9-7.1t/ha vs a five-year average of 6.8t/ha, spring barley yields are based on a small sample of the early harvested crops. While preliminary results are good, sample sizes are still small at this stage in harvest.
Winter barley crop is thus forecast at 2.82 mln tonnes, spring barley at 4.22 mln tonnes, and the total barley production is seen at 7.04 mln tonnes. Although back from 2020 harvest by 13%, it is only 5% behind the 5-year average.
Sales of new-season barley have been strong so far. Looking at corn-returns volumes, we can see
...More info on site
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Ukraine: Ukraine’s barley exports are likely to reach 4.4 mln tonnes in 2021/22
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Ukraine is likely to increase its grain exports to 57 million tonnes in the 2021/22 July-June season from 45.5 million tonnes in 2020/21 thanks to a bigger harvest, analyst APK-Inform said on August 18.
The exports are likely to include 21.1 million tonnes of wheat, 4.4 million tonnes of barley and 31 million tonnes of corn, the consultancy said.
The agriculture ministry last week said that the country had exported 4.61 million tonnes of grain since the start of the 2021/22 season, up 10% from the same point a year earlier.
Ukraine's 2021 grain crop could reach 76.97 million tonnes this year, including 28.79 million tonnes of wheat, 37.76 million tonnes of corn and 8.34 million tonnes of barley, APK-Inform said.
Ukraine harvested 64.9 million tonnes of grain with 24.9 million tonnes of wheat in 2020.
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Whisky News
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UK: First-half whisky export figures show signs of recovery
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The Scotch Whisky Association (SWA) has released export figures for the first half of 2021 which show signs of recovery following the impact of
...More info on site
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