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E-Malt.com Flash 03a
January 17 - January 19, 2022
Quote of the Week
It is a fair wind that blew men to the ale.
Oscar Wilde
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Currency Rates
Base Currency: Euro
on January 19, 2022 |
Base Currency: US Dollar
on January 19, 2022 |
| |
1 EUR = 1.1371 USD
1 EUR = 0.8352 GBP
1 EUR = 1.4231 CAD
1 EUR = 1.5811 AUD
1 EUR = 130.3820 JPY
1 EUR = 6.2907 BRL
1 EUR = 86.9751 RUB
1 EUR = 7.2189 CNY
|
|
1 USD = 0.8793 EUR
1 USD = 0.7345 GBP
1 USD = 1.2515 CAD
1 USD = 1.3903 AUD
1 USD = 114.6530 JPY
1 USD = 5.5322 BRL
1 USD = 76.4875 RUB
1 USD = 6.3485 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 19, 2022 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
364.00-366.00 |  0.55% |
| 6RW Malting Barley (FOB Creil) |
345.00-347.00 | 0.58% |
| Feed Barley (FOB Creil) |
243.00-245.00 | 0.83% |
| 2RS Malt (FOB Antwerp) |
612.50-614.50 | 0.40% |
| 6RW Malt (FOB Antwerp) |
589.00-591.00 | 0.42% |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
279.00-281.00 |  0.71% |
| 6RW Malting Barley (FOB Creil) |
263.00-265.00 | 0.75% |
| 2RS Malt (FOB Antwerp) |
506.50-508.50 | 0.48% |
| 6RW Malt (FOB Antwerp) |
486.50-488.50 | 0.50% |
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.
South Africa: Distell releases details of the proposed R38.5bn Heineken takeover of the local liquor group
...Click here
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World: Barley balance sheet the tightest in many years
...Click here
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North America: No changes in barley production estimates this month
...Click here
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Canada & France: France’s Rouen port set to ship its first-ever barley cargo for Canada
...Click here
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South Korea: Non-alcoholic beer market growing at blistering pace since outbreak of Covid
...Click here
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Lithuania & Taiwan: Lithuania’s oldest beer brewer exploring the Taiwanese market
...Click here
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South Africa: South African Breweries announce appointment of new CEO
...Click here
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UK: Beer fans seeking low and no alcohol UK brands along with more flexible beer subscription services
...Click here
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Graph of the week
Table of the week
Number of Breweries in Europe 2016 - 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
17 January
1792 - The birthday of the dollar sign ($), as it shows up for the first time on a federal document a U.S. Treasury bond issued to George Washington
1891 - Walter Eucken, German economist is born
1917 - US pays Denmark $25 million for Virgin Islands
18 January
1840 - Electro-Magnetic Intelligencer, 1st US electrical journal, appears
1980 - Gold reaches $1,000 an oz
1989 - IBM announces earnings up 10.4% in 1988
19 January
1898 - Edward Crosby Johnson II, future founder of Fidelity Management & Research Co., is born in Milton
1938 - GM began mass production of diesel engines
1992 - IBM announces a nearly $5B loss for 1992
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)
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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South Africa: Distell releases details of the proposed R38.5bn Heineken takeover of the local liquor group
|
|
Distell’s shares will be suspended on the JSE on July 20 and delisted on September 6 upon the conclusion of a scheme to enable
...More info on site
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South Korea: Non-alcoholic beer market growing at blistering pace since outbreak of Covid
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Since the outbreak of the coronavirus, South Korea’s non-alcoholic beer market has been growing at a blistering pace thanks to an increase in the number of health-conscious consumers and the growth of the drinking-at-home culture, the Korea BizWire reported on January 18.
Hite Jinro Co., the country’s second-largest beverage company, had been selling between 6 and 7 million cans of its non-alcoholic beer ‘Hite Zero 0.00’ since it was released in 2012.
Annual sales, however, surpassed the 10 million can mark in 2020 and more than doubled last year.
The size of the nation’s non-alcoholic beer market stood at about 20 billion won (US$16.8 million), equivalent to less than 1 percent of the size of the nation’s overall beer market.
Nonetheless, non-alcoholic beer has a strong growth rate.
Sales of non-alcoholic beer at major convenience store chains such as GS25, CU and 7-Eleven grew by 814 percent, 460 percent and 501 percent, respectively, last year compared to a year before.
According to the Korea Customs Service, the nation’s imports of non-alcoholic beers amounted to US$7.58 million last year, a more than twofold increase from $2.93 million a year ago and a more than fivefold jump compared to the 2019 figure.
Industry experts said that the primary factor
...More info on site
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Lithuania & Taiwan: Lithuania’s oldest beer brewer exploring the Taiwanese market
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Lithuania’s oldest beer brewer is exploring the Taiwanese market in the wake of a naming row over a newly opened Taiwanese representative office in Vilnius that led to a ban on products from the Baltic state in China, The Taipei Times reported on January 18.
During an interview earlier this month, Volfas Engelman chief executive officer Marius Horbacauskas said that his company had entered the Taiwan market in the middle of 2020, and while sales were poor for the first year, with only 8,000 litres sold, there was a boom last year, with beer exports to Taiwan increasing 23-fold.
Horbacauskas said he is thrilled that Taiwanese like his company’s products.
“For us, it is a very big motivation,” he said.
The skyrocketing sales might have something to do with a campaign launched by Taipei to support Lithuanian products, which have been boycotted in China.
Ties between Vilnius and Beijing soured after Lithuania in November last year allowed Taiwan to open an overseas representative office that included the word “Taiwanese” in its name.
Beijing has sought to impose a political cost on Lithuania for allowing the office to use the name.
Recent measures have included recalling its ambassador to Lithuania, downgrading diplomatic relations, expelling the Lithuanian ambassador to
...More info on site
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South Africa: South African Breweries announce appointment of new CEO
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The South African Breweries (SAB) has announced the appointment of Richard Rivett-Carnac as its new CEO. Rivett-Carnac says he is committed to working with Government, suppliers and all stakeholders to responsibly grow the beer category and SAB’s share of the category, IOL reported on January 19.
The new chief executive holds a Bachelor of Business Science degree from the University of Cape Town. He is also a member of the South African Institute of Chartered Accountants. He has 13 years of experience in various roles within the AB InBev group.
He joined SABMiller in the London office as part of the mergers and acquisitions team in 2009, and more recently was the VP for Finance, Legal & Corporate Affairs for AB InBev’s Africa Zone, successfully navigating the business through what could be considered the most challenging years since its inception.
“After the last few years, we have learned just how strong SAB can be, as an organisation and as a collection of hard-working, passionate and talented people.
“Having grown up in South Africa, this business has been an integral part of my life, and I could not be prouder to lead the team into an exciting new future for SAB and the South African
...More info on site
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UK: Beer fans seeking low and no alcohol UK brands along with more flexible beer subscription services
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Beer fans are seeking low and no alcohol beers made in the UK along with more flexible subscription services, according to craft beer retailer HonestBrew.
Speaking to The Drinks Business, HonestBrew CEO Michael Alcock said: “In January of the last few years, we’ve seen the popularity of our Low & No range grow. From a 10 times increase between 2019 and 2020 to close to double the amount of sales from this category in the January of 2021, it’s fair to say that more and more customers have been seeking out these beers each Dry January.”
Alcock revealed that “the advancements in brewing low and no alcohol beers means that a broad range of flavours can be created, just as with full-strength beers. Craft brewers have mastered a range of techniques, from perfecting water chemistry, to using grains that provide more body — like oats — and focusing on aroma hops at cold temperatures so that the hops don’t impart any unwanted bitterness. This means they can accurately recreate the flavours of full-strength beers.”
He pointed out that “previously, there was a limited choice of weak and watery versions of premium lagers, now you can enjoy styles like stout, IPA and pale
...More info on site
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Barley News
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World: Barley balance sheet the tightest in many years
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As 2022 begins, the world barley balance sheet is the tightest in many years with ending stocks at a ten-year low and demand outstripping
...More info on site
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EU: All new barley business centred upon crop 2022
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EU barley crop 2021 is virtually sold out and the trade is trying to execute their current trade book, RMI Analytics reported earlier this
...More info on site
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North America: No changes in barley production estimates this month
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There are no changes in this month’s barley production estimates for North America with Canada at 6.8 mln tonnes and the US at 2.4
...More info on site
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UK: Barley exports decline in November
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The UK exported 52 thousand tonnes of barley in November, down from 62 thousand in October and the smallest monthly volume since July, AHDB
...More info on site
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Canada & France: France’s Rouen port set to ship its first-ever barley cargo for Canada
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Canada, one of the world’s top barley exporters, is importing a rare cargo from Europe after drought decimated its harvest last year, Bloomberg reported on January 18.
France’s Rouen port is set to load its first-ever barley cargo for Canada, on the bulk carrier Federal Spey, according to a spokesman for the port operator. The North American nation hasn’t imported significant volumes from the European Union since the 2015-16 season, trade data show.
Canada is typically largely self-sufficient in barley and ranked as the fifth-biggest exporter in the 2020-21 season, U.S. Department of Agriculture data show. But its output shrank by a third last year to the smallest since the 1960s as heat and dryness plagued its prairies. The drought has also shifted trade flows for other grains such as corn.
For barley, the poor harvest has added to a global supply crunch for the grain used in brewing and animal feed, with stockpiles set to reach an almost four-decade low, according to the USDA. Beer makers have also faced rising aluminum costs and labor and transport bottlenecks, spurring price hikes for the beverage.
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