If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?17771
E-Malt.com NewsLetter

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes



Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 10b
March 10 - March 13, 2022


Quote of the Week

Beer, if drunk in moderation, softens the temper, cheers the spirit and promotes health.
Thomas Jefferson

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 192,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 192, - Euros
Two-year individual subscription: 339, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 395, - Euros
One-year group subscription for 6-10 members: 588, - Euros
One-year group subscription for 11-20 members: 781, - Euros
One-year group subscription for 21-50 members: 1042, - Euros
One-year group subscription for 51-100 members: 1303, - Euros
One-year group subscription for 101 and more members: 1588, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on March 11, 2022
Base Currency: US Dollar
on March 11, 2022
      1 EUR = 1.1030 USD
1 EUR = 0.8392 GBP
1 EUR = 1.4114 CAD
1 EUR = 1.5029 AUD
1 EUR = 127.9990 JPY
1 EUR = 5.5385 BRL
1 EUR = 143.5850 RUB
1 EUR = 6.9707 CNY
      1 USD = 0.9065 EUR
1 USD = 0.7608 GBP
1 USD = 1.2797 CAD
1 USD = 1.3625 AUD
1 USD = 116.0430 JPY
1 USD = 5.0215 BRL
1 USD = 130.1820 RUB
1 USD = 6.3200 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


March 11, 2022
French Barley/Malt
Crop 2021
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 379.00-381.00 up7.04%
6RW Malting Barley (FOB Creil) 369.00-371.00 up12.12%
Feed Barley (FOB Creil) 369.00-371.00up8.82%
2RS Malt (FOB Antwerp) 632.00-634.00 up5.11%
6RW Malt (FOB Antwerp) 620.00-622.00 up8.61%
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 381.50-383.50 up5.22%
-No change; upPrice increase; downPrice decrease versus last publication.

French barley and EU malt prices for crop 2022 are not quoted on March 11, 2022.
Click here to see our Market Prices History.


Top Industry News


Malt news EU: No malt market as maltsters’ stocks estimated to have been almost completely sold out ...Click here

Brewery news Denmark & Russia: Carlsberg drops annual guidance, to stop selling its Carlsberg brand in Russia ...Click here
Brewery news Russia: AB InBev to forfeit all financial benefit from JV in Russia ...Click here
Brewery news The Philippines: San Miguel Corp. returns to prepandemic profitability in 2021 ...Click here
Brewery news Japan: Three of four major brewers log year-on-year falls in beer sales ...Click here
Brewery news The Netherlands & Russia: Heineken stops production and sale of its own brand beer in Russia ...Click here

Barley news World: Barley trade forecast for 2021/22 slightly up this month ...Click here
Barley news EU: Barley crop forecast at 51.973 mln tonnes in 2021/22 ...Click here
Barley news World: Barley market sensitivity only exacerbated by news from Ukraine ...Click here
Barley news Australia: Barley production seen above 13 mln tonnes in both 2020/21 and 2021/22 ...Click here

Whisky news Canada: Diageo to build a new carbon neutral distillery in Ontario ...Click here


More Industry News


Barley news Russia: Russia to suspend exports of grains to EEU until August 31 ...Click here
Brewery news Nigeria: Guinness has no plans of leaving Nigeria - management ...Click here
Brewery news USA & Russia: Molson Coors halting exports to Russia ...Click here
Barley news Australia: Two new barley varieties accredited as malting types ...Click here

Graph of the week



Table of the week

World Use of Hops and Hop Products 1997 - 2021s


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


10 March
1862 - U.S. issues 1st paper money ($5, $10, $20, $50, $100, $500 and $1000)
1982 - President Reagan proclaims economic sanctions against Libya
1995 - Dow-Jones hits record 4035.64
2000 - The Nasdaq Composite stock market index peaks at 5132.52, signaling the beginning of the end of the dot-com boom

11 March
1702 - 1st English daily newspaper "Daily Courant," publishes
1935 - Bank of Canada opens
1986 - 187.27 million shares traded in New York Stock Exchange

12 March
1365 - University of Vienna founded
1970 - Digital Equipment Corporation introduces PDP-11 minicomputer
1986 - 210.25 million shares traded in New York Stock Exchange

13 March
1974 - Charles de Gaulle Airport opens near Paris France
1979 - European Monetary System is established, ECU created
1986 - Microsoft Corp. goes public at an initial offering price of $21 a share, raising $61 million just one day after Oracle Corp.'s own IPO. Microsoft closes the day at $28.
2008 - Gold prices on the New York Mercantile Exchange hit $1,000 per ounce for the first time

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)

More events are available on site e-malt.com


MaltMalt News Malt


Malt newsEU: No malt market as maltsters’ stocks estimated to have been almost completely sold out
There is presently no malt market, H. M. Gauger GmbH said in their March report.

In the EU guesstimates are that maltsters have sold ...More info on site



BreweryBrewery News Brewery


Brewery news Denmark & Russia: Carlsberg drops annual guidance, to stop selling its Carlsberg brand in Russia
Carlsberg stock traded 5% lower in Copenhagen on March 10 after the brewer dropped its annual guidance, owing to uncertainty in Russia, one of its largest markets, Bloomberg reported.

It said it will stop selling its flagship brand Carlsberg in the country while its Russian unit, Baltika Breweries, will be run as a separate business.

Russia and Ukraine accounted for around 13% of the Group’s revenue in 2021.

Carlsberg said the ongoing conflict between the two countries “will negatively impact the Group’s financial results for 2022” and warned there could be write-downs on assets while it undertakes a full review of its business in Russia.

The company said the markets outside Russia and Ukraine are currently witnessing a limited business impact but the indirect impact from rising commodity prices, including energy, will hurt the cost of goods and logistics.

Carlsberg has a huge presence in both Russia and Ukraine. With 8,300 employees, Baltika is one of the largest consumer goods companies in Russia and the market leader in beer with about 27% share, according to information available on the Carlsberg website.

Carlsberg joins rival Heineken and hundreds of other companies that have either quit or curtailed their operations in the Russian market. Heineken said ...More info on site


Brewery news Russia: AB InBev to forfeit all financial benefit from JV in Russia
Anheuser-Busch InBev NV is the latest global brewer trying to withdraw from Russia after it asked a controlling partner that brews Budweiser to suspend sale and production in the country, Bloomberg reported on March 11.

The world’s largest brewer said in a statement it will forfeit “all financial benefit from the joint venture operations,” which it operates with Turkish brewer Anadolu Efes. Given Anadolu Efes controls the business, it’s unclear whether Budweiser beer will remain available in Russia.

European and U.S. companies are rushing to withdraw from the country or suspend operations after the invasion of Ukraine. Earlier this week, Heineken NV, Carlsberg A/S and Molson Coors Beverage Co. joined the growing ranks of global brands disappearing from Russia. Their moves have left Budweiser as one of the last major international beer brands in the market.

Anheuser-Busch said it’s providing financial assistance to 1,800 employees in Ukraine and their families, and that joint-venture employees in Russia and Ukraine will continue to be supported and paid.

Major brands in Russia made by Anheuser-Busch include Bud, Bud Alcohol Free, Spaten, Corona Extra, Velkopopovický Kozel and Hoegaarden.


Brewery newsThe Philippines: San Miguel Corp. returns to prepandemic profitability in 2021
Conglomerate San Miguel Corp. (SMC) returned to prepandemic profitability in 2021 as its net income surged by 120 percent to P48.2 billion, with most ...More info on site


Brewery news Japan: Three of four major brewers log year-on-year falls in beer sales
Three of Japan’s four major brewers logged year-on-year falls in beer and quasi-beer sales in February, data from the companies have shown, the Jiji Press reported.

Sales of beer for restaurants and bars struggled as the number of novel coronavirus infection cases remained high. Tokyo and other prefectures have been under a state of COVID-19 pre-emergency.

“Due to the prolonged coronavirus pandemic, consumer behavior has changed,” such as refraining from holding drinking parties, a source familiar with the matter said.

Sales of so-called third-segment quasi-beer have been stagnant since a liquor tax hike for the product category in October 2020.

Meanwhile, sales of beer for households grew at some companies that introduced new products or renewed existing products, thanks to steady demand for drinking at home amid the pandemic.

By volume, sales fell 12% at Sapporo Breweries Ltd. and 11% at Kirin Brewery Co. while Suntory Beer Ltd. saw its sales drop slightly.

Asahi Breweries Ltd. enjoyed an 11% increase in sales by value.


Brewery news The Netherlands & Russia: Heineken stops production and sale of its own brand beer in Russia
Heineken NV has stopped the production and sale of its own brand beer in Russia, joining a wave of companies to exit the country in response to the invasion of Ukraine, Bloomberg reported on March 9.

The move expands on previous steps by the Dutch brewer, which had already halted all new investments in Russia as well as exports of other brands. Production, advertising and sale of the Heineken brand there will immediately halt, the company said in a statement on March 9.

Shares rose as much as 4.3% in early trading.

Heineken joins a growing list of companies leaving the Russian market amid an intensifying backlash over President Vladimir Putin’s decision to invade Ukraine. Public pressure and boycotts of firms doing business in Russia has mounted in recent days as the war and humanitarian crisis have deepened.

“Heineken will no longer accept any net financial benefit derived from our Russian operations,” the company said. It added that it is now also assessing the strategic options for the future of the business in Russia where it has operated for two decades.

The company is also taking steps to ring-fence the Russian business from the wider group to “stop the flow of monies, royalties and ...More info on site


Brewery news Nigeria: Guinness has no plans of leaving Nigeria - management
The management of Guinness Nigeria Plc has revealed that the company has no plans of leaving Nigeria, contrary to some inaccurate reports making rounds on some social media platforms, the Nairametrics reported on March 10.

This is coming at a time manufacturers are complaining of a tough operating environment amid the rising cost of goods and services and the energy crisis.

According to NAN, the clarification was made known by the Corporate Communications Manager, Guinness Nigeria Plc, Mrs Ayodele Alabi, during an interview on March 10 in Lagos.

While dismissing reports that Guinness wants to relocate its operations to Ghana, Alabi pointed out that its plant in Ghana had been in operation since 1960.

He said, “There is Guinness Ghana and it’s not that we are just trying to expand operations to Ghana or anything like that as it’s been there since forever, ten years after the Nigerian operations began.

“The information of our relocation is false and we cannot trace where the misinformation is coming from. We cannot just be moving our operations when we had established Ghana in 1960 while Nigeria office was established in 1950.’’

The Managing Director, Guinness Nigeria Plc, Mr Baker Magunda, in a statement, restated the company’s commitment to remaining ...More info on site


Brewery news USA & Russia: Molson Coors halting exports to Russia
Molson Coors is halting exports to Russia, becoming the latest company to cut off sales in the country over its invasion of Ukraine, the Chicago Business reported on March 10.

The brewing giant, whose North American headquarters is based in Chicago, has ”limited sales and no physical assets in Russia,” CEO Gavin Hattersley said in a statement on March 9. Still, it is suspending exports of and licenses to produce any Molson Coors products in the country.

“Like so many of us around the world, I have watched with a heavy heart as the tragic events in Ukraine continue to threaten the lives of millions of innocent people,” Hattersley said in the statement. “The stories and images we have seen are unspeakable, and all of us at Molson Coors continue to stand together in support of Ukrainians and everyone affected by the humanitarian crisis this war has created.”

The Coors Light maker employs only a handful of people in Ukraine. Hattersley said Molson Coors is arranging for safe passage out of the country and providing accommodations and financial support to workers there, or workers who have friends and family there.

“Nothing is more important than the wellbeing of our people, and in the days ...More info on site



BarleyBarley News Barley


Barley newsWorld: Barley trade forecast for 2021/22 slightly up this month
Though Ukraine and Russia account for about 30 percent of barley exports, global barley trade forecast for 2021/22 is up slightly this month (34.683 ...More info on site


Barley newsEU: Barley crop forecast at 51.973 mln tonnes in 2021/22
The European Commission’s Barley Supply and Demand Balance of February 23, 2022 forecasts the EU-27 2021/22 barley crop at 51.973 mln tonnes versus 53.957 ...More info on site


Barley newsWorld: Barley market sensitivity only exacerbated by news from Ukraine
Dominating the news is the tragic situation in Ukraine and the repercussions associated. Specific to the world barley market, it was already highly sensitive ...More info on site


Barley newsAustralia: Barley production seen above 13 mln tonnes in both 2020/21 and 2021/22
ABARES’ crop report of this month puts Australia’s 2020/21 barley production at 13.093 mln tonnes and that of 2021/22 at 13.724 mln tonnes, H. ...More info on site


Barley news Russia: Russia to suspend exports of grains to EEU until August 31
Russia will suspend exports of wheat, meslin, rye, barley and corn to the Eurasian Economic Union (EEU) until Aug 31 in a move to secure its home market with enough food, the economy ministry said on March 10.

Russia will also ban sugar exports to third countries until Aug 31 but some exceptions would be possible for the EEU countries, membership of which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia itself, the ministry added.


Barley news Australia: Two new barley varieties accredited as malting types
Two new barley varieties have passed the necessary evaluations and have successfully been accredited as malting types, the Farm Weekly reported on March 11.

Bottler and Kiwi were submitted by GrainSearch and Malteurop Australia respectively.

Both varieties were accredited as malting barley following the evaluation trials conducted in association with the Malting and Brewing Industry Barley Technical Committee (MBIBTC) assessment, under the Barley Australia malting barley evaluation process.

Bottler is a medium rainfall, mid-season maturity variety with high fermentability that is well suited to the export market.

It is suited to environments where RGT Planet and Westminster are grown.

Kiwi is a high rainfall variety and while it was submitted as a medium fermentability variety, its performance appears to be best suited to the high fermentability category and is therefore well suited to both domestic and export markets.

Kiwi is intended to be grown largely in Victoria in the same environments as Westminster and Fairview.

The Barley Australia malting barley evaluation and accreditation process is recognised as the required standard for the determination of malting barley for all new Australian malting barley varieties.

It will continue to assist market adoption of these newly-accredited varieties through its new program of post accreditation support, which is currently under development.

In other ...More info on site



WhiskyWhisky News Whisky


Whisky newsCanada: Diageo to build a new carbon neutral distillery in Ontario
International beverage company Diageo announced plans on March 9 for a C$245 million carbon neutral distillery in Ontario to support the growth ambitions for ...More info on site


Copyright © E-Malt s.a. 2022