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E-Malt.com Flash 09b
March 03 - March 06, 2022
Quote of the Week
Peace is the virtue of civilization. War is its crime.
Victor Hugo
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Currency Rates
Base Currency: Euro
on March 04, 2022 |
Base Currency: US Dollar
on March 04, 2022 |
| |
1 EUR = 1.1081 USD
1 EUR = 0.8286 GBP
1 EUR = 1.4013 CAD
1 EUR = 1.5154 AUD
1 EUR = 128.1050 JPY
1 EUR = 5.6163 BRL
1 EUR = 119.3430 RUB
1 EUR = 7.0005 CNY
|
|
1 USD = 0.9024 EUR
1 USD = 0.7478 GBP
1 USD = 1.2646 CAD
1 USD = 1.3675 AUD
1 USD = 115.6060 JPY
1 USD = 5.0687 BRL
1 USD = 107.7050 RUB
1 USD = 6.3179 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 04, 2022 |
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 |
362.50-364.50 |  0.77% |
 No change;
Price increase;
 Price decrease versus last publication.
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French barley and EU malt prices are not quoted on March 4, 2022.
Click here to see our Market Prices History.
World: Global dark beer category expected to be worth US$51.2 bln by 2028
...Click here
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South Korea: Oriental Brewery set to raise its prices
...Click here
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Australia: Australian barley increasingly sought to cover shortages in Northern hemisphere
...Click here
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Canada: Barley supply projected sharply downward for 2021-22
...Click here
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North America: Imported barley bridging supply gap until harvest 2022 is available
...Click here
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Russia & Ukraine: Diageo pauses exports to Russia and Ukraine
...Click here
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UK: Wetherspoons pubs drop Russian beer from their menus
...Click here
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Graph of the week
Table of the week
EU Roasted Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 March
1885 - American Telephone and Telegraph (AT&T) incorporates
1979 - Meeting in Geneva, OPEC declares that its members will raise the price of crude oil 9% in a single leap, from $13.34 to $14.55, igniting another round of global inflation
2000 - On the same day, technology stocks set a record for industry representation in the Standard & Poor's 500-stock index, at 34.9%, and Cisco Systems, Inc. becomes the world's most valuable corporation, with a total market value of $548 billion
04 March
1902 - American Automobile Association, AAA, founded in Chicago
1977 - 1st CRAY 1 supercomputer shipped, to Los Alamos Laboratories, New Mexico
1991 - Bank of Credit and Commerce International divests itself of 1st American Bank
05 March
1558 - Smoking tobacco introduced in Europe by Francisco Fernandes
1868 - Stapler patented in England by C. H. Gould
1924 - Computing-Tabulating-Recording Corp becomes IBM
06 March
1899 - "Asprin" patented by Felix Hoffmann
1926 - Alan Greenspan, future chairman of the Federal Reserve, is born in New York City
1959 - At a press conference in New York City, Texas Instruments executives demonstrate a new device invented by one of the company's top engineers, Jack S. Kilby - the "integrated circuit"
Agenda
March 2022:
09 - 12: Festival Brasileiro da Cerveja 2022 (Blumenau, Brazil)
16 - 17: BeerX 2022 (Liverpool, UK)
18 - 20: St Malo Craft Beer Expo 2022 (St Malo, France)
27 - 28: Planete Biere 2022 (Paris, France)
31 - 02 April: InnBrew 2022 (Barcelona, Spain)
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)
30 - 01 June: Brasil Brau 2022 (Sao Paulo, Brazil)
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:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
21 - 22: Beverage Industry. Beer and Soft Drinks Industry - 2022 (Expocenter of Ukraine, Kyiv, Ukraine)
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)
February 2023:
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)
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Brewery News
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World: Global dark beer category expected to be worth US$51.2 bln by 2028
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The global dark beer category size is expected to be worth US$51.20 billion by 2028, according to a new report, The Drinks Business reported
...More info on site
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South Korea: Oriental Brewery set to raise its prices
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Oriental Brewery (OB) is set to raise the prices for its beer products by an average 7.7 percent on March 8, affected by the recent adjustment of the tax rate on alcohol following global inflation, The Korea Times reported on March 2.
It is the first time in six years for the brewery firm to increase its prices on its own since November 2016. Its beers such as Cass, Hanmac and OB Lager are subject to the price hike.
"We have tried to freeze the prices for the last six years, but it was inevitable due to the rising costs of raw and secondary materials after COVID-19 hit global supplies," an OB official said.
In January 2021, the Ministry of Strategy and Finance revised the tax law to fix the rate on beer and "makgeolli" products reflecting increased consumer prices. That resulted in an automatic price increase of 1.36 percent for all of OB's beers last year, reflecting the government's calculation of the annual inflation rate of 0.5 percent.
The international price of barley, the main ingredient of beer, soared by 33 percent in 2021 from 2019. The price of aluminum, which is a key material used to make cans, also jumped by 45
...More info on site
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Russia & Ukraine: Diageo pauses exports to Russia and Ukraine
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Spirits company Diageo, the maker of Smirnoff vodka and Guinness, has paused exports to Ukraine and Russia, the company said on March 3.
"Our priority is the safety of our people in Ukraine and the wider region," a spokesperson said.
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UK: Wetherspoons pubs drop Russian beer from their menus
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UK pub company Wetherspoons has dropped Russian beer from its menus in response to the ongoing war in Ukraine, the Metro UK reported on March 2.
Baltika Lager is brewed in St Petersburg, the birthplace of Vladimir Putin.
All bottles of the 5.4% beer – which cost £2.99 each – will be returned to distributor Carlsberg.
It is not known how much the move will cost the pub group.
In a statement, Wetherspoons said: ‘In light of the situation in Ukraine we just felt that we could not stock it anymore.
‘As of today all those beers won’t be available in any Wetherspoons pub and either have been or are in the process of being returned to the Carlsberg distributor.
‘We are not implying in any way that anyone involved with the brewery is directly involved with what’s going on, but we thought in light of the current situation our pubs don’t want to be serving Russian beers.’
Baltika Lager had been offered as part of the Wetherspoons World Beers selection as a way of introducing beers from across the globe to its customers.
One employee at Wetherspoons referenced boss Tim Martin, responding: ‘Big Tim doing bits to help the war effort, good lad.’
Another said: ‘That’s it, Putin
...More info on site
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Barley News
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Australia: Australian barley increasingly sought to cover shortages in Northern hemisphere
|
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With a generally good barley crop 2021 in place, the world is increasingly looking at Australia to cover shortages in the Northern hemisphere, RMI
...More info on site
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Canada: Barley supply projected sharply downward for 2021-22
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For 2021-22, Canadian barley supply is projected at 7.81 million tonnes, down sharply from 2020-21 and a record low level. This is primarily due to significant production issues during the 2021 growing season in Canada’s Prairie provinces, as well as record low carry-in stocks, Agriculture and Agri-Food Canada said in their February report.
As a result of the tight supply, demand for both domestic feed consumption and exports will be sharply lower than last year. Carry-out stocks are projected at 0.3 mln tonnes, a record low level.
According to the stocks report published by Statistics Canada (STC), Canadian barley stocks at December 31, 2021 were pegged at 3.15 mln tonnes, 44% and 46% lower than last year and the previous five-year average, and the lowest in at least two decades.
This primarily reflected the changes in on-farm stocks on the Prairies, the main barley producing region. The significant drop in barley stocks was primarily caused by the production issues during the 2021 growing season on the Prairies. Commercial stocks also decreased significantly from last year, although were slightly higher than the previous five-year average. This implies a much slower shipping pace of barley over the coming months. Of the total stocks, approximately
...More info on site
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North America: Imported barley bridging supply gap until harvest 2022 is available
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The last two weeks in February have brought about a bit of relief to the moisture situation across Canada and the USA, RMI Analytics
...More info on site
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