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Flash Summary
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E-Malt.com Flash 48a
December 02 - December 05, 2021
Quote of the Week
Be a first rate version of yourself, not a second rate version of someone else.
Judy Garland
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Currency Rates
Base Currency: Euro
on December 04, 2021 |
Base Currency: US Dollar
on December 04, 2021 |
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1 EUR = nq USD
1 EUR = nq GBP
1 EUR = nq CAD
1 EUR = nq AUD
1 EUR = nq JPY
1 EUR = nq BRL
1 EUR = 83.2406 RUB
1 EUR = nq CNY
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1 USD = nq EUR
1 USD = nq GBP
1 USD = nq CAD
1 USD = nq AUD
1 USD = nq JPY
1 USD = nq BRL
1 USD = 73.7426 RUB
1 USD = nq CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 04, 2021 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
nq | |
| 6RW Malting Barley (FOB Creil) |
nq | |
| Feed Barley (FOB Creil) |
nq | |
| 2RS Malt (FOB Antwerp) |
nq | |
| 6RW Malt (FOB Antwerp) |
nq | |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
nq | |
| 6RW Malting Barley (FOB Creil) |
nq | |
| 2RS Malt (FOB Antwerp) |
nq | |
| 6RW Malt (FOB Antwerp) |
nq | |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
Ukraine: Beer and malt production drop in January-October
...Click here
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Thailand & Singapore: ThaiBev reports 11.4% dip in beer business net profit
...Click here
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India: Carlsberg posts 25% decline in sales for the year ended March 2021
...Click here
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EU: Winter barley planting proceeding at good pace and under favouralbe weather conditions
...Click here
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EU: Barley exports reach their highest in six years this season
...Click here
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Australia: Harvest delays caused by weather make barley prices go up sharply
...Click here
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Russia & Ukraine: Region down 1.2 mln tonnes versus 2020 barley output
...Click here
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Nigeria: Guinness Nigeria commissions new production line
...Click here
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UK: Carling and Foster’s remain UK’s top two best-selling lagers
...Click here
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India: United Breweries lays off more than 150 employees, mostly senior and mid-level executives
...Click here
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UK: Pub chain JD Wetherspoon signs 20-year on-tap deal with Budweiser
...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
01 December
1878 - 1st White House telephone installed
1910 - Continuous moving assembly line introduced by Ford (car every 2:38)
1959 - 1st color photograph of Earth from outer space
02 December
1816 - 1st savings bank in U.S. opens (Philadelphia Savings Fund Society)
1901 - Gillette patents 1st disposable razor
1927 - 1st Model A Fords sold, for $385
03 December
1621 - Galileo invents telescope
1967 - 1st human heart transplant performed (Dr. Christian Barnard, South Africa)
Agenda
December 2021:
02 - 04: Drink Technology India 2021 (Helipad Exhibition Centre, Gandhinagar, Gujarat, India)
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
04 - 06: Finest Spirits 2022 (Munich, Germany)
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)
16 - 17: BeerX 2022 (Liverpool, UK)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
April 2022:
01 - 01: Zythos Beer Festival 2022 (exact dates to be confirmed) (Leuven, Belgium)
May 2022:
02 - 05: Craft Brewers Conference & BrewExpo America 2022 (Minneapolis, MN, USA)
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
24 - 27: Beer 2022 (Sochi, Russia)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: Bev Expo 2022 (Manchester, UK)
07 - 08: IGC Grains Conference 2022 (London, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
September 2022:
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
November 2022:
08 - 10: Brau Beviale 2022 (Nuremberg, Germany)
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Brewery News
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Ukraine: Beer and malt production drop in January-October
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Ukraine’s January-October beer output was 6.1% less than over the same period last year, at 14.56 mln hl, Ukrpivo reported.
The trade association does not
...More info on site
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Thailand & Singapore: ThaiBev reports 11.4% dip in beer business net profit
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The net profit of SGX-listed beverage company, ThaiBev, excluding non-recurring items, dipped 4.8% year-on-year (YoY) to $1.1 mln (27.339 mln baht) in the financial
...More info on site
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India: Carlsberg posts 25% decline in sales for the year ended March 2021
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Carlsberg, India's third largest brewer, posted a 25% decline in sales during the year ended March 2021 after restaurants, bars and pubs remained shut
...More info on site
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Nigeria: Guinness Nigeria commissions new production line
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Guinness Nigeria Plc has commissioned a new £2.0 mln production line at its plant in Ogba, Lagos, the Leadership News reported on November 28.
The new line, which is designed for the production of spirit drinks, is expected to produce about 600,000 EUs of the company’s iconic spirits brands including Orijin Bitters per year.
The “Cube 2” product line was commissioned by the President, Diageo Africa, John O’Keeffe accompanied by the British deputy high commissioner to Nigeria, Mr. Ben Llewellyn-Jones.
The managing director of Guinness Nigeria, Baker Magunda said the company is determined to ensure that it meets the demands of its esteemed and loyal consumers who have believed in the iconic brands from the company for over seven decades.
“What we have today is a reflection of our ambition to grow our investments and the focus on optimizing our capital expenditure. This investment forms a key part of our supply strategy for meeting the increasing demands for brands in our portfolio and particularly our spirit drinks to satisfy our customers,” Magunda said.
Speaking on Guinness’ determination to support the efforts of governments across Africa to grow their economies through effective backward integration, president, Diageo Africa, John O’Keeffe said the company is determined to support
...More info on site
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UK: Carling and Foster’s remain UK’s top two best-selling lagers
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UK’s top two best-selling lagers have remained the same for another year with Carling and Foster’s taking the number one and two spots, The Morning Advertiser reported on November 30.
Carling had sales of 1,129,143 hectolitres (HL) in terms of volume and £662.2 mln in value (down 34.5% and 33.1% respectively), figures from The Morning Advertiser’s 2022 Drinks List has found.
Second place Foster’s recorded similar percentage drops with value falling by 32.7% to 689,084 hl and value by 31.1% to £426.5 mln.
Two full lockdowns and a multitude of restrictions placed on pubs over the past 12 months has meant most brands in the category saw a sales drop.
Furthermore, statistics from the British Beer & Pub Association’s 2021 Statistical Handbook revealed beer consumption fell by four percentage points over the 2020 lockdowns, with total beer sales dropping by 14.2%.
Typically, seven in 10 alcoholic drinks served in a pub are beer and the BBPA has stated the numbers demonstrate the damage of lockdowns to brewers, who lost a key route to market when pubs were forced to close during the lockdowns of 2020.
However, for this year’s Drinks List, none of the top 10 saw volume or value sales drop by more than 38%.
...More info on site
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India: United Breweries lays off more than 150 employees, mostly senior and mid-level executives
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India’s United Breweries, the maker of the Kingfisher beer, has laid off more than 150 employees, mostly senior and mid-level executives, to reduce cost and create a leaner structure amid an uncertain demand outlook in the beer segment, people with knowledge of the matter said.
The laid-off employees accounted for about 5% of the nearly 3,000 people employed by the country's largest brewer, The Economic Times reported on December 1.
"United Breweries Ltd has reviewed its organisation structure to ensure it is lean, efficient and future-ready in light of the rapidly evolving market circumstances. It is a result of a comprehensive review of the organisation structure which is a part of a broader project that began last year. As an outcome of this review, some positions have been impacted," said a UB spokesperson, who did not specify how many people were laid off.
In June, Dutch multinational Heineken had taken full control of UB, the erstwhile flagship brand of Vijay Mallya's UB Group.
The Bengaluru-based company said the restructuring was not triggered by the Heineken acquisition.
The retrenched employees have been extended support including severance benefits, access to outplacement services, health benefits and counselling services through the transition, the company said.
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UK: Pub chain JD Wetherspoon signs 20-year on-tap deal with Budweiser
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UK pub chain JD Wetherspoon has signed a new 20-year supply deal with AB InBev's Budweiser, marking the end of a four decade-long arrangement between the pubco and brewing giant Heineken, the Yahoo News UK reported on November 29.
The deal will see Budweiser become the Wetherspoons' largest supplier from December 15. (The pubco also recently agreed new deals with BrewDog, Carlsberg Marrston's and Molson Coors).
Budweiser, Stella Artois, Corona and Leffe Blonde will from then "feature prominently" on draught in the chain's 860 pubs, while Heineken's Strongbow will be replaced by Weston's Stowford Press Apple.
A Wetherspoons spokesperson told the Standard Heineken will stop supplying Wetherspoons with draught beers, but is in discussions over supplying bottled beers.
Budweiser's president, Paula Lindenberg, said the move "provides a fantastic opportunity to invest at scale in the UK’s vibrant hospitality sector".
A Heineken spokesperson said: “We confirm that we have decided not to renew the lead brewer contract with JD Wetherspoon and subsequently a number of our brands will not be supplied on draught as of mid-December.
“Customers will still be able to enjoy HEINEKEN brands at a Wetherspoon pub, as we will continue to provide a number of brands as packaged products.”
Wetherspoons crashed to
...More info on site
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Barley News
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EU: Winter barley planting proceeding at good pace and under favouralbe weather conditions
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Winter barley planting has proceeded at a good pace under very favourable weather and ahead of average progress for the last three years in
...More info on site
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EU: Barley exports reach their highest in six years this season
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EU barley exports this marketing season reached their highest in six years amid rising demand from China, Turkey and Jordan, the Argus Media reported
...More info on site
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Australia: Harvest delays caused by weather make barley prices go up sharply
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Worrisome rains occurred in the Australian east coast interrupting harvest. South Australian was less impacted and harvest should resume quickly there. Western Australia harvest
...More info on site
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Russia & Ukraine: Region down 1.2 mln tonnes versus 2020 barley output
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Rumours are swirling that the Russian government may alter the export tax structure (yet again) and apply a quota system (for both wheat and
...More info on site
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