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E-Malt.com Flash 02a
January 10 - January 12, 2022
Quote of the Week
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Currency Rates
Base Currency: Euro
on January 12, 2022 |
Base Currency: US Dollar
on January 12, 2022 |
| |
1 EUR = 1.1346 USD
1 EUR = 0.8340 GBP
1 EUR = 1.4324 CAD
1 EUR = 1.5781 AUD
1 EUR = 130.8800 JPY
1 EUR = 6.3897 BRL
1 EUR = 84.7960 RUB
1 EUR = 7.2276 CNY
|
|
1 USD = 0.8813 EUR
1 USD = 0.7351 GBP
1 USD = 1.2626 CAD
1 USD = 1.3908 AUD
1 USD = 115.3600 JPY
1 USD = 5.6319 BRL
1 USD = 74.7399 RUB
1 USD = 6.3704 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 12, 2022 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
363.00-365.00 |  0.28% |
| 6RW Malting Barley (FOB Creil) |
343.00-345.00 | 1.18% |
| Feed Barley (FOB Creil) |
244.00-246.00 | 1.24% |
| 2RS Malt (FOB Antwerp) |
611.50-613.50 | 0.20% |
| 6RW Malt (FOB Antwerp) |
587.00-589.00 | 0.84% |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
280.00-282.00 |  |
| 6RW Malting Barley (FOB Creil) |
266.00-268.00 | |
| 2RS Malt (FOB Antwerp) |
507.50-509.50 | |
| 6RW Malt (FOB Antwerp) |
490.50-492.50 | |
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.
Mexico: New Constellation Brands brewery to be built by a major river
...Click here
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Mexico: New Constellation Brands brewery could spark $2.6 bln in investment – government official
...Click here
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New Zealand: Brewing industry remains strong contributor to economy despite Covid impact
...Click here
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USA: Molson Coors to sell California brewery, stop production of Saint Archer brand
...Click here
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Nigeria: Heineken opens takeover bid of minority shares in Champion Breweries
...Click here
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World: Barley trade forecast increased in USDA’s first report of 2022
...Click here
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The Netherlands: Heineken workers to go on their first strike in about 25 years
...Click here
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Europe: AB InBev’s five largest breweries in Europe to become carbon neutral by 2028
...Click here
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South Africa: Large alcohol producers struggling to satisfy demand due to supply chain issues
...Click here
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Middle East: Several craft breweries among reasons to visit the Levant now
...Click here
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Graph of the week
Table of the week
Australia Hops Area, Yields, and Production 2017-2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 January
1863 - First underground railway opens in London
1870 - John D. Rockefeller, Sr. founds The Standard Oil Co. (Ohio) with $1 million in capital and control of a tenth of the nation's oil refining
1946 - UN General Assembly convenes for 1st time (London)
11 January
1757 - Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 - 1st American life insurance company incorporated, Philadelphia
1873 - 1st livestock market newspaper published, Drover's Journal, Chicago
12 January
1914 - Henry Ford announces that he will share the Ford Motor Co.'s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day
1970 - Boeing 747 makes its maiden voyage
1975 - Chrysler Corp offers 1st car rebates
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:
23 - 24: Zythos Beer Festival 2022 (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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Mexico: New Constellation Brands brewery to be built by a major river
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A new Constellation Brands brewery, diverted to the Gulf coast state of Veracruz in Mexico after a dispute over water use, will be built by a major river, a government official said on January 7, Reuters reported.
The plant is part of planned investment in Mexico of up to $5.5 billion by the U.S. producer of beer, wine and spirits through 2026.
Constellation will build the plant by the Rio Papaloapan in central Veracruz, presidential spokesperson Jesus Ramirez told Reuters.
“As a government we’re not opposed to private investment, nor foreign investment. They’re welcome as long as they respect the environment … and Mexican laws.”
Constellation, whose brands include Corona beer, Robert Mondavi wines and Svedka vodka, has yet to decide on a site or budget for the plant, company spokesperson Nina Mayagoitia said.
Constellation said this week it would build the plant in Veracruz. A dispute over water access prompted it in 2020 to halt construction of its largely completed brewery in the arid, northern border city of Mexicali.
Area residents said the brewery, which had cost hundreds of millions of dollars, threatened their water supply and rejected it in a referendum promoted by President Andres Manuel Lopez Obrador.
The referendum result caused widespread consternation among
...More info on site
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Mexico: New Constellation Brands brewery could spark $2.6 bln in investment – government official
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A new Constellation Brands brewery to be built in the Mexican state of Veracruz, announced after a dispute over water stymied plans for a
...More info on site
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New Zealand: Brewing industry remains strong contributor to economy despite Covid impact
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Research from New Zealand Institute of Economic Research (NZIER) has revealed the brewing industry in New Zealand remains a strong contributor to the economy
...More info on site
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USA: Molson Coors to sell California brewery, stop production of Saint Archer brand
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Molson Coors Beverage Company said today it will stop production of its Saint Archer brand and sell its San Diego-based brewery and taproom to Kings & Convicts Brewing Co., which owns the Ballast Point brand, the MarketScreener reported on January 10.
As part of the deal, Kings & Convicts will take over Saint Archer's 100,000-barrel capacity Miramar brewery and adjoining taproom, as well as its 1,200-square-foot taproom in Leucadia, Calif. Kings & Convicts, headquartered in San Diego and Highwood, Ill., plans to retain operations and retail team members at both locations.
Terms were not disclosed.
Molson Coors will retain the rights to the Saint Archer brand, though it will cease packaging and distributing its brands effective immediately.
"The Saint Archer team has built a distinct brand that has a very loyal following in Southern California. Unfortunately, the overall business has struggled to grow despite investing significant resources behind its production and commercialization," says Paul Verdu, vice president of Tenth & Blake, Molson Coors' U.S. craft division. "We'll maintain ownership of the Saint Archer brand as we determine the best long-term plan and remain focused on growing our regional breweries that continue outpacing home-market competitors."
Saint Archer was founded in 2013 and acquired in 2015 by
...More info on site
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Nigeria: Heineken opens takeover bid of minority shares in Champion Breweries
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Heineken opened on January 10 the application list for a N3.11 billion takeover bid of minority shares in Akwa Ibom-based Champion Breweries, a move
...More info on site
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The Netherlands: Heineken workers to go on their first strike in about 25 years
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Dutch trade union FNV said Heineken NV brewery workers are planning to go on their first strike in about 25 years after an ultimatum to reach a better labor agreement expired on January 11, Bloomberg reported.
Employees from breweries in Den Bosch and Zoeterwoude and workers from Heineken’s soft drink supplier Vrumona in Bunnik are set to start the stoppage on Friday, January 14, according to the FNV, which called for a pay beyond a 1.5% increase this year and 2% for next year.
FNV’s food industry representative Niels Suijker said in a January 11 statement that the wage increase was “far too little” and remains below the level of inflation. He added that it was a “shame” that Heineken had not responded to the FNV’s calls for changes to the collective labor agreement which affects 1,250 workers at the company’s supply units.
Heineken said the brewer pays about 14% higher than other fast-moving consumer good companies in the Netherlands. It said its final offer, which includes a collective wage increase of 3.5% in two years, could rise to about 6.5%.
“These are challenging times and Heineken is being hit extremely hard by the pandemic,” the brewer said in an emailed statement.
...More info on site
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Europe: AB InBev’s five largest breweries in Europe to become carbon neutral by 2028
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Brewing giant AB InBev has pledged that its five largest European breweries – including those in Jupille and Leuven in Belgium – will be carbon neutral by 2028, it announced on January 7, The Brussels Times reported.
“The term ‘net zero’ refers to the balance between the amount of emissions produced and the amount removed from the atmosphere,” the group explained in a statement, adding that its ambition is to achieve net-zero emissions in its entire value chain by 2040, Belga News Agency reports.
The first AB InBev breweries to achieve neutrality will be those of Magor and Samlesbury in the United Kingdom, in 2026. The Belgian breweries of Leuven and Jupille and the Bremen brewery in Germany will follow in 2028. In total, this would reduce annual CO2 emissions by 110,740 tonnes – equivalent to the emissions of almost 35,000 cars, the group says.
To achieve this, the company plans to change its energy sources – focussing on renewable energy – and improve energy efficiency.
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South Africa: Large alcohol producers struggling to satisfy demand due to supply chain issues
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South Africa’s large alcohol producers are struggling to satisfy demand, which is hitting tavern owners hard, News24 reported on January 11.
South African Breweries (SAB) confirmed to Fin24 that due to “supply chain constraints” it can’t deliver all customer orders, while Distell, which produces Savanna, Hunter’s and Klipdrift, says it is experiencing "severe" glass shortages, as well as a shortage of aluminium, used in the production of cans, and corks.
In KwaZulu-Natal, Nhlanhla Mbhele had no choice but to shut down his 15-year-old tavern, Oskido247, in Empolweni after struggling to find product to sell.
Like many other people who sell liquor, Mbhele sourced most of his supply from producers SAB and Distell. His biggest money-makers were beer brands Carling Black Label, Castle and Hansa, all sold by SAB, and popular cider Savanna, from Distell.
But he has been struggling to get these products from the big providers.
“I closed down my business, there’s nothing I can do, because customers wanted alcohol and I couldn’t provide it to them. It was a mockery [of the customers] because you [for instance] want [Carling] Black Label and I didn’t have it, you wanted Savanna and you couldn’t find it,” he said.
The lack of communication from both SAB and
...More info on site
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Middle East: Several craft breweries among reasons to visit the Levant now
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There are plenty of reasons to visit the Levant, the region comprised of Lebanon, Syria, Iraq, Palestine, and Jordan: its rich cuisine, pristine beaches, and Phoenician, Greek, and Roman archaeological sites, to name a few. Beer, however, may not be on that list—but it should be, Afar.com reported on January 10.
Several craft breweries have opened in Lebanon, Palestine, and Jordan in the past decade, overcoming bureaucratic challenges—from high taxes on alcohol to restrictions on importing ingredients or equipment—and carving out space in Muslim-majority markets, where many don’t consume alcohol and some even refuse to do business with those who produce it.
Prior to this shift, liquor stores, hotels, and bars in the region stocked Heineken, Corona, and the occasional pilsener from a local brand with a foreign parent company, like Almaza in Lebanon. The new wave of regional craft breweries offers something the big brands never could: high-quality, small-batch brews infused with local flavors and personality.
“It’s like a revolution,” says Rafat Houary, owner-operator of Wise Men Choice Beer, a home-based microbrewery that opened in 2015 in the Palestinian town of Beit Sahour. Houary now delivers his brews to cafés, restaurants, and hotels in neighboring Bethlehem and repeat customers throughout Palestine.
...More info on site
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Barley News
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World: Barley trade forecast increased in USDA’s first report of 2022
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World barley trade forecast for 2021/22 is increased to 34.067 mln tonnes in USDA’s January report versus 33.592 mln tonnes forecast last month.
Exports forecast
...More info on site
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