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E-Malt.com Flash 01b
January 06 - January 09, 2022
Quote of the Week
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Currency Rates
Base Currency: Euro
on January 07, 2022 |
Base Currency: US Dollar
on January 07, 2022 |
| |
1 EUR = 1.1304 USD
1 EUR = 0.8354 GBP
1 EUR = 1.4424 CAD
1 EUR = 1.5760 AUD
1 EUR = 130.9600 JPY
1 EUR = 6.4437 BRL
1 EUR = 86.5009 RUB
1 EUR = 7.2073 CNY
|
|
1 USD = 0.8845 EUR
1 USD = 0.7390 GBP
1 USD = 1.2760 CAD
1 USD = 1.3941 AUD
1 USD = 115.8500 JPY
1 USD = 5.7004 BRL
1 USD = 76.5223 RUB
1 USD = 6.3759 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 07, 2022 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
362.00-364.00 |  0.27% |
| 6RW Malting Barley (FOB Creil) |
339.00-341.00 | 0.29% |
| Feed Barley (FOB Creil) |
241.00-243.00 | 0.82% |
| 2RS Malt (FOB Antwerp) |
610.00-612.00 | 0.20% |
| 6RW Malt (FOB Antwerp) |
582.00-584.00 | 0.21% |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
280.00-282.00 | 0.71% |
| 6RW Malting Barley (FOB Creil) |
266.00-268.00 | 0.37% |
| 2RS Malt (FOB Antwerp) |
507.50-509.50 | 0.48% |
| 6RW Malt (FOB Antwerp) |
490.50-492.50 | 0.25% |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
350.50-352.50 |  1.69% |
 No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Japan: All four leading brewers report beer sales declines in 2021
...Click here
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USA: Constellation Brands reports Q3 fiscal 2022 results with full year beer business net sales growth now expected at up to 11%
...Click here
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EU: France dominates global 6-row winter barley trade
...Click here
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Hungary: Hungarian competition watchdog goes after beer giants, fast food chains
...Click here
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Ukraine: Barley exports in 2021/22 total 5.2 mln tonnes
...Click here
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Japan: Asahi Group making the first ‘full renewal’ of its flagship Super Dry beer brand
...Click here
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World: Corona launching non-alcoholic beer containing 30% of the daily value of vitamin D
...Click here
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USA: Constellation Brands to hike beer prices more than its typical 1% to 2% this year
...Click here
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Graph of the week
Table of the week
World Barley Import, Production, Consumption, and Ending Stocks by Region
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
06 January
1978 - 1st postage stamp copyrighted by US (Carl Sandburg stamp)
1994 - Dow-Jones hits record 3803.88
07 January
1714 - Typewriter patented by Englishman Henry Mill (built years later)
1782 - 1st US commercial bank, Bank of North America, opens in Philadelphia
1995 - Murray Newton Rothbard economist, dies of cardiac arrest at 69
08 January
1675 - 1st American commercial corporation chartered (New York Fishing Co)
1889 - Dr Herman Hollerith receives 1st US patent for a tabulating machine (1st Computer)
1964 - European Parliament accept Mansholt Plan
09 January
1799 - Income Tax introduced in UK
1843 - P Paul Leroy-Beaulieu, French economist is born
1848 - 1st commercial bank in San Francisco established
2007 - Apple CEO Steve Jobs unveils the first iPhone
Agenda
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)
17 - 19: Expo Antad & Alimentaria Mexico 2022 (Expo Guadalajara, Jalisco, Mexico)
19 - 22: Mondial de la Biere 2022 (Montreal, Canada)
24 - 27: Beer 2022 (Sochi, Russia)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: IGC Grains Conference 2022 (London, UK)
07 - 08: Bevexpo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
12 - 14: Bangkok Brewing Conference 2022 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2022:
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
November 2022:
08 - 10: Brau Beviale 2022 (Nuremberg, Germany)
December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
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Brewery News
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Japan: All four leading brewers report beer sales declines in 2021
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Four major Japanese brewers logged year-on-year declines in their beer and quasi-beer sales in 2021, due to a liquor tax increase and the novel
...More info on site
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USA: Constellation Brands reports Q3 fiscal 2022 results with full year beer business net sales growth now expected at up to 11%
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Constellation Brands, Inc., a leading beverage alcohol company, reported on January 6 its third quarter fiscal 2022 results.
Despite difficult year-over-year volume comparisons, Constellation’s Beer Business posted depletion growth of more than 8%, driven by the continued strength of Modelo Especial and explosive growth from Corona Extra. Depletion volume selling days were flat year-over-year.
Modelo Especial beer achieved 13% depletion growth and continued to be the No. 1 brand in the high-end and No. 1 brand share gainer in the entire US beer category in IR dollar sales; Modelo Chelada posted 35% depletion growth and is now the No. 1 Chelada in the US beer market.
Corona Extra reported depletion growth of 11% and remained the No. 2 import share gainer and No. 3 brand in the high-end in IRI channels.
The beer business’ operating margin decreased 130 basis points to 41.3%, as benefits from favourable pricing and timing of marketing spend were more than offset by increased COGS driven by expected higher material and brewery costs, as well as increased depreciation.
Cases shipped exceeded cases depleted as distributor inventory levels began to rebuild during the quarter. Product inventories are expected to return to normal levels by the end of the fiscal year, as cases shipped are expected
...More info on site
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Hungary: Hungarian competition watchdog goes after beer giants, fast food chains
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After a months-long grace period, the Hungarian Competition Authority (GVH) launched proceedings against Kentucky Fried Chicken, Burger King, and beer producers Dreher, Borsodi and Heineken to enforce the new beverage procurements regulations, Telex reported via state news agency MTI.
Restaurants had until 1 August last year to bring their practices in line with new rules of the commercial code, which aims to clamp down on exclusive drinks contracts and encourage smaller drinks producers to enter the market.
Last year, the GVH strongly warned the companies now under investigation to prepare for the legislative changes in good time.
The market watchdog now alleges that KFC and Burger King are not compliant with the rules and continue to sell only one manufacturer’s products in certain beverage categories.
The competition authority now also said it thinks that three beer producers with significant market power, Dreher, Borsodi and Heineken, have exclusive contracts with certain pubs, going against the requirement that at least two different beer producers’ products be available on the shelves.
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Japan: Asahi Group making the first ‘full renewal’ of its flagship Super Dry beer brand
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Japan's Asahi Group Holdings said on January 5 it was making the first "full renewal" of its flagship Super Dry beer brand since its debut in 1987, modifying the taste and look of the brew, Reuters reported.
The brewing method will be tweaked to give Super Dry a more distinctive, "faint-hop" aroma, the company said in a release. The trademark silver logo and can will also get a makeover, with the changes to go into effect from mid-February.
The changes are a response to increasing competition in Japan's shrinking domestic market, the company said.
Asahi Group is Japan's biggest beer maker with a near 40% share of the market.
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World: Corona launching non-alcoholic beer containing 30% of the daily value of vitamin D
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Global beer brand Corona is launching Corona Sunbrew 0.0%: with the non-alcoholic beer containing 30% of the daily value of vitamin D in a 330ml serving, the Beverage Daily reported on January 5.
The brand will debut in Canada this month: followed by the UK later this year and then other key markets in Europe, South America and Asia.
The ‘innovative, first-of-its-kind, non-alcoholic beer’ contains a 30% daily value of vitamin D (as per Canadian guidelines) to link in with the brand’s outdoor ethos, coming in at 60 calories per 330ml serving. The Sunbrew is made by extracting alcohol from Corona Extra and then blending the non-alcoholic beer with vitamin D and natural flavors.
“As a brand that was born on the beach, Corona embraces the outdoors in everything we do, because we believe that outside is where people best disconnect and relax. The feeling of the sun is one of the things that people love most about the outdoors and the Corona brand is always innovating to remind them of that feeling,” said Felipe Ambra, Global Vice President for Corona.
“Now, we’re excited to offer consumers Corona Sunbrew 0.0%, the first non-alcoholic beer with
...More info on site
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USA: Constellation Brands to hike beer prices more than its typical 1% to 2% this year
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Constellation Brands Inc., the maker of alcoholic drinks including Corona and Modelo, said it expects to hike beer prices more than its typical 1% to 2% this coming year due to rising commodity costs and a shortage of brown glass, Bloomberg reported on January 6.
Chief Financial Officer Garth Hankinson said on the company’s third-quarter earnings call on January 6 that margins in the core beer business may suffer in the coming fiscal year in part because of inflation in commodity prices. He still expects operating margins for the beer business to be around 39% to 40% over the long term.
The glass shortage is the latest hit for beer makers, who spent the last year talking about shortages of aluminum cans as people switched from drinking at bars and keg parties to drinking at home or outside. MKM Partners analyst Bill Kirk said in a November research note that while Constellation’s most-affected brand seems to be Pacifico, Modelo Negra beers also come in brown glass and the largest risk would be if glass availability became so severe as to limit sales of Corona or Modelo Especial.
“We are diligently working to address the brown glass shortage that is acting as a headwind,”
...More info on site
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Barley News
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EU: France dominates global 6-row winter barley trade
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Only French 6-row winter barley is traded in large quantities inside the EU and in world markets, H. M. Gauger GmbH said in their
...More info on site
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Ukraine: Barley exports in 2021/22 total 5.2 mln tonnes
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Ukraine has exported 33.2 million tonnes of grain so far in the 2021/22 July-June season, up 25.7% from the same stage a season earlier, agriculture ministry data showed on January 6.
The total included 16.1 million tonnes of wheat, 5.2 million tonnes of barley and 11.5 million tonnes of corn, the data showed.
Agriculture minister Roman Leshchenko said last month the country harvested a record 84 million tonnes of grain in clean weight in 2021, up from 65 million tonnes in 2020.
The ministry has said the 2021/22 exports could include 24.5 million tonnes of wheat, 30.9 million of corn and 5.2 million of barley.
Ukraine's exports last season included 23.1 million tonnes of corn, 16.6 million of wheat and 4.2 million of barley.
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