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E-Malt.com Flash 11a
March 14 - March 16, 2022
Quote of the Week
The world is changed by your example, not by your opinion.
Paulo Coelho
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Currency Rates
Base Currency: Euro
on March 16, 2022 |
Base Currency: US Dollar
on March 16, 2022 |
| |
1 EUR = 1.0970 USD
1 EUR = 0.8412 GBP
1 EUR = 1.4056 CAD
1 EUR = 1.5250 AUD
1 EUR = 129.6570 JPY
1 EUR = 5.6315 BRL
1 EUR = 123.0940 RUB
1 EUR = 6.9883 CNY
|
|
1 USD = 0.9114 EUR
1 USD = 0.7667 GBP
1 USD = 1.2813 CAD
1 USD = 1.3900 AUD
1 USD = 118.1820 JPY
1 USD = 5.1334 BRL
1 USD = 112.2070 RUB
1 USD = 6.3702 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 16, 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) |
359.00-361.00 |  2.70% |
| 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 |
nq | |
 No change;
 Price increase;
Price decrease versus last publication.
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French malting barley and EU malt prices are not quoted on March 16, 2022.
Click here to see our Market Prices History.
Vietnam: Heineken’s operations significantly affected by Covid-19
...Click here
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EU: EU exports 75% of anticipated barley and malt total for 2021/22
...Click here
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Australia: Barley crop expected to decline in 2022 from the record level of 13.6 mln tonnes last year
...Click here
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North America: Tight malting barley situation remains problematic
...Click here
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Mercosur: Crops in Argentina, Brazil and Paraguay could be reduced by droughts - analysts
...Click here
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India: Inbrew emerging as leading bidder for Diageo Indian brands
...Click here
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Japan: Kirin to invest ¥100 billion in pharmaceuticals as shift away from brewing
...Click here
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Cambodia: Stone Head nearing its inaugural brew in Phnom Penh
...Click here
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Africa: Heineken to cede 35% stake in regional alcohol distribution business to Distell Group shareholders
...Click here
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Spain & UK: Spain’s Madrí Excepcional Beer coming to the UK stores
...Click here
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Graph of the week
Table of the week
US Beer Sales, Import, and Export 2013 - 2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
14 March
1634 - Academie Francaise opens
1821 - On one of the quietest days in Wall Street history, the market is open, but not a single share of stock changes hands
1950 - General Motors reports net earnings of $656,434,232 (record)
15 March
1817 - The New York Stock Exchange officially prohibits the "fictitious sales," or wash sales, that had enabled speculators to manipulate individual stocks without even owning them
1827 - University of Toronto is chartered
1892 - 1st escalator patented by inventor Jesse W. Reno (New York City)
1906 - Rolls-Royce Limited is incorporated
1933 - Polythene discovered by Reginald Gibson and Eric William Fawcett
1935 - Percy Shaw founded his company Reflecting Roadstuds Limited to make cat's eyes
1985 - The first Internet domain name is registered
16 March
1915 - United States Trade Commission organizes
1933 - President Franklin D. Roosevelt takes the U.S. off the gold standard, removing the yellow metal from coinage and circulation, even banning it as a collectible
1987 - IBM releases PC-DOS version 3.3
2014 - Crimea votes in a controversial referendum to secede from Ukraine to join Russia
Agenda
March 2022:
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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Vietnam: Heineken’s operations significantly affected by Covid-19
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Alexander Koch, Heineken Vietnam's Managing Director, admitted that the Covid-19 pandemic has significantly affected the company's operations as well as its contribution to the state budget, The Leader reported on March 15.
Since 1991, Heineken Vietnam has been operating continuously in the Vietnam market and making significant contributions to the state budget (equivalent to nearly one per cent of GDP) and creating jobs both directly and indirectly for 212,000 employees.
However, the Covid-19 pandemic has significantly affected the company's operations as well as its contribution to the state budget, according to Alexander Koch, Heineken Vietnam Managing Director in a meeting with Minister of Industry and Trade Nguyen Hong Dien.
In 2020, coupled with the natural disasters in central Vietnam, the company’s GDP contribution in Vietnam decreased slightly from $876 million in the previous year to $744.6 million, with 0.87 per cent GDP contributed and 183,000 jobs supported in the whole value chain.
The rising input cost of materials puts pressure on the company to optimize its operating costs and find ways to operate sustainably.
“Despite testing circumstances, we built on our ability to adapt and stay close to our customers and consumers, while keeping our eyes on investing for the future,” says Heineken Vietnam in
...More info on site
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Japan: Kirin to invest ¥100 billion in pharmaceuticals as shift away from brewing
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Beer giant Kirin is set to invest ¥100 billion (£667 million) in pharmaceuticals over the next three years as part of the company’s shift away from brewing, led by the shrinking beer market in Japan, The Drinks Business reported on March 14.
Yoshinori Isozaki, chief executive, told the Financial Times in an interview: “If the beer segment would grow forever, it would’ve been better for us to focus on it, because making a challenge in a new business is very tough.”
Kirin Holdings Co. announced last month that it would be selling its stake in a beverage venture it formed with China Resources Holdings Co. for ¥115 billion (just shy of US$1 billion) as it shifts its focus to food, health and pharmaceuticals.
The Japanese brewer was set to gain around ¥39 billion from the sale of its 40% stake to Plateau Consumer Ltd., an investment fund based in the Cayman Islands, it was announced.
The company now hopes to use the technology of the beer-making process in its biotech ventures.
“We want to turn Kirin into a fermentation biotechnology company. We need to grow a new business while the beer segment is still healthy,” Isozaki told the FT.
Kirin unveiled a three-year business plan last
...More info on site
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Cambodia: Stone Head nearing its inaugural brew in Phnom Penh
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A world award-winning craft beer name is nearing its inaugural brew in Phnom Penh after the recent relocation of its entire operation from Koh Kong province to the capital, opening up a brewery and taproom in the Sen Sok neighbourhood of Chhuk Meas with guided tours and special events to be held alongside its production, the Khmer Times reported on March 14.
The story of how this brewery has landed in the city from its first brewing in 2015 at the company’s previous location in Koh Kong takes us to its origins and Thailand’s unusual laws prohibiting the brewing of beer in small quantities — volumes typical for a craft beer producer. It’s also about the ‘stubborn’ drive and talent of the brand’s unconventional and artistic founders Dusadee Thummarat and Ladapa Nualin, better known as Ford and Nim, as well as their close-knit team, who gave Khmer Times a tour of the brewery.
The name Stone Head itself is a translation from the Thai “Hua Khang” to label someone stubborn, which Ford and Nim are proud of, inspiring them to overcome the odds and seek refuge in Cambodia for their craft beer operation.
For brewers to open a business in Thailand, they must
...More info on site
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Africa: Heineken to cede 35% stake in regional alcohol distribution business to Distell Group shareholders
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Dutch brewer Heineken will cede a 35 percent stake in its regional alcohol distribution business including Kenya to shareholders of Distell Group as part of its acquisition of the South Africa-based firm, the Business Day reported on March 11.
The Heineken distribution businesses in Tanzania, Uganda, Kenya, and South Sudan are valued at R885.5 million (Sh6.6 billion) and will be transferred to a South African subsidiary called Sunside Acquisitions Limited that will be jointly owned by Heineken and Distell.
Heineken, which currently fully owns the regional alcohol distribution businesses, will end up with a diluted but a controlling 65 percent stake in Sunside while Distell will hold the remaining 35 percent.
As part of the transactions, Distell will also bring its interests in its subsidiaries including Kenya Wine Agencies Limited (Kwal) to Sunside.
The parties say the ongoing transaction will result in a stronger operation that will grow and compete more effectively against rivals such as Diageo.
“The transaction will create a world-class, southern-African-focused, alcoholic beverages entity (Newco) with a leading beer and cider portfolio, combining the complementary brands, talent, and skills of Distell, Heineken, and NBL, to better serve consumers across the region,” Distell said.
“Newco will also have a significant presence in adjacent African
...More info on site
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Spain & UK: Spain’s Madrí Excepcional Beer coming to the UK stores
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One of Spain's most popular beer brands will soon make its debut on UK supermarket shelves. Grocery chain Morrisons has announced it will be stocking holidaymakers' favourite Madrí Excepcional Beer in stores across the UK, the Wales Online reported on March 12.
The renowned Spanish brew has been labelled as the ultimate choice for get-togethers this spring, or for football fans to crack open while watching La Liga fixtures on TV. Now available in-store and online, customers will be able to pick up a 12-bottle pack for just £9.99 – as part of a special introductory offer.
Madrí Excepcional Beer is brewed through a unique collaboration between La Sagra and Molson Coors in Madrid. The crisp, clean and refreshing beverage has a short, bitter finish and it is rapidly becoming a popular choice for UK drinkers.
Callum Keaney, beer buyer at Morrisons, said: “We know that customers are always on the lookout for new and exciting beers in store, so we’re excited to bring a taste of Spain with the launch of Madrí Excepcional. With the weather warming up and the days set to get longer, we hope this beer will be a staple at get-togethers this spring.”
Madrí Excepcional has been called "The
...More info on site
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Barley News
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EU: EU exports 75% of anticipated barley and malt total for 2021/22
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As per Taxud, the EU barley exports in July 2021 – February 2022 were 5.2 mln tonnes of barley and 1.9 mln tonnes of
...More info on site
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Australia: Barley crop expected to decline in 2022 from the record level of 13.6 mln tonnes last year
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Australia’s barley crop 2021 reached another consecutive record level. However, from 13.6 mln tonnes harvested last year the RMI Analytics experts project a decline
...More info on site
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North America: Tight malting barley situation remains problematic
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The tight malting barley situation in Canada and the USA remains problematic, with crop 2022 harvest still over five months away, RMI Analytics reported earlier this month.
Now on top of the pre-existing situation the Black Sea disruption puts the next five months in a very precarious circumstances and increases the vital importance of Canada returning to normal barley production.
There is some positivity when looking at the early prospects for crop 2022, which the RMI analysts estimate at 10.2 mln tonnes - up from 6.8 mln tonnes in 2021. Imports of malting barley have been widely reported and more cargoes are expected in order to ensure 2022 malt supply.
There has been some moisture improvement over the past month which to a degree alleviates the dry conditions.
Competition from other crops makes it challenging for barley to retain planted area. The RMI Analytics’ crop 2022 estimate is based on a 4% decline in barley area (others at -7%). Farmer interest in contracting crop 2022 is very low at present.
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Mercosur: Crops in Argentina, Brazil and Paraguay could be reduced by droughts - analysts
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World supplies of corn and soybeans could be double-affected by reduced or suspended Black Sea shipments and droughts reducing crops in Argentina, Brazil and
...More info on site
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Whisky News
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India: Inbrew emerging as leading bidder for Diageo Indian brands
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Inbrew Beverages is emerging as the leading bidder for a portfolio of Indian brands being sold by Diageo Plc, Bloomberg reported on March 15,
...More info on site
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