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E-Malt.com Flash 17a
April 25 - April 27, 2022
Quote of the Week
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Ralph Abernathy
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Currency Rates
Base Currency: Euro
on April 27, 2022 |
Base Currency: US Dollar
on April 27, 2022 |
| |
1 EUR = 1.0681 USD
1 EUR = 0.8427 GBP
1 EUR = 1.3632 CAD
1 EUR = 1.4882 AUD
1 EUR = 136.2630 JPY
1 EUR = 5.2599 BRL
1 EUR = 79.7823 RUB
1 EUR = 6.9947 CNY
|
|
1 USD = 0.9361 EUR
1 USD = 0.7889 GBP
1 USD = 1.2763 CAD
1 USD = 1.3932 AUD
1 USD = 127.5660 JPY
1 USD = 4.9247 BRL
1 USD = 74.6967 RUB
1 USD = 6.5488 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 27, 2022 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
419.00-421.00 |  1.18% |
| 6RW Malting Barley (FOB Creil) |
386.00-388.00 | 1.02% |
| Feed Barley (FOB Creil) |
381.00-383.00 |  1.60% |
| 2RS Malt (FOB Antwerp) |
720.50-722.50 | 0.07% |
| 6RW Malt (FOB Antwerp) |
680.00-682.00 | 0.26% |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
386.00-388.00 | 2.93% |
| 6RW Malting Barley (FOB Creil) |
373.00-375.00 | 2.47% |
| 2RS Malt (FOB Antwerp) |
676.50-678.50 | 3.08% |
| 6RW Malt (FOB Antwerp) |
660.50-662.50 | 2.76% |
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.
World: Malt contracts negotiations must take into account barley availability as well as cost of energy and transport - analysts
...Click here
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Canada & Australia: United Malt Group expects annual earnings to be hit by a range of costs
...Click here
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Mexico: Constellation Brands to invest $1.3 bln in a new plant in Veracruz
...Click here
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India: United Breweries sees net profit increase in quarter to end March 2022
...Click here
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Ukraine: First-quarter beer and malt production half of what was produced in Q1 2021
...Click here
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EU: Barley production forecast to increase to 54 mln tonnes in 2022/23
...Click here
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Australia: Barley crop estimate for 2022 lower at 10.5 mln tonnes
...Click here
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Argentina: Barley crop 2022 estimated at up to 5.8 mln tonnes
...Click here
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Canada: 2022-23 barley outlook is for sharply lower carry-in stocks and larger production
...Click here
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Brazil: Ambev to build sustainable glass plant in Parana
...Click here
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Japan: Asahi to raise prices for its Super Dry beer and other beverages for the first time in years
...Click here
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USA: Boston Beer Company reports Q1 financial results
...Click here
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Ukraine: Ukraine sows 3.02 mln ha of main agricultural crops of the 14.4 mln planned
...Click here
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USA: Peroni Nastro Azzurro launches ambitious marketing campaign to gain more imported beer market share
...Click here
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Graph of the week
Table of the week
Africa Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 April
1905 - World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 - Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities -- the biggest failure of a brokerage yet on record
1955 - Columbia U scientists develope an atomic clock accurate to within one second in 300 years
26 April
1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
Agenda
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)
25 - 29: Latvia Beer Fest 2022 (Riga, Latvia)
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)
17 - 03 October: Oktoberfest 2022 (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)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)
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Malt News
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World: Malt contracts negotiations must take into account barley availability as well as cost of energy and transport - analysts
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War in Ukraine, lower barley supplies in world markets and sky-high prices. Exploding prices for energy, fertilizer and transport. The threatening gas and oil
...More info on site
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Canada & Australia: United Malt Group expects annual earnings to be hit by a range of costs
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United Malt Group Ltd.'s annual earnings will be hit by a range of costs including from global supply-chain disruptions, tighter labor markets and drought
...More info on site
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Brewery News
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Mexico: Constellation Brands to invest $1.3 bln in a new plant in Veracruz
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Constellation Brands has announced the construction of a plant in Veracruz. The company said they will invest $1.3 billion in the construction of the
...More info on site
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India: United Breweries sees net profit increase in quarter to end March 2022
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Heineken NV-backed beer maker United Breweries has registered a consolidated net profit of ₹163.78 crore for the quarter ending March 2022 (Q4FY22) period compared
...More info on site
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Ukraine: First-quarter beer and malt production half of what was produced in Q1 2021
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Ukraine’s January-March beer output totalled 1.71 mln hl – half of the volume produced in Q1 last year, Ukrpivo reported on April 26.
The trade
...More info on site
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Brazil: Ambev to build sustainable glass plant in Parana
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Ambev is to invest BRZ870 million reais (US $154 million) in a new sustainable glass plant in Paraná, Brazil, the Glass International reported on April 25.
It will have the capacity to produce bottles from recycled or broken glass, collected in partnership with local companies and organisations which specialise in reverse logistics.
The glass plant will operate with 100% renewable electricity or renewable purchased electricity, have the capacity to run on biofuels, and use technology to ensure water and energy efficiency.
Expected to start operating in 2025, it will produce bottles for brands such as Stella Artois, Beck’s and Spaten, and will supply Ambev breweries across several states, including Paraná.
“This new glass plant is another important step in our sustainability journey,” says Rodrigo Figueiredo, Vice President of Sustainability and Procurement at Ambev.
“It will make a positive impact on several aspects of our brewing operations ecosystem. In addition to working toward our Circular Packaging Goal, the plant will play an important role in helping us meet other sustainability goals, including having 100% purchased electricity coming from renewable sources."
Ambev's first glass plant opened in 2008 in Rio de Janeiro.
Today, it operates with the highest percentage of recycled material in Brazil and it is the country’s
...More info on site
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Japan: Asahi to raise prices for its Super Dry beer and other beverages for the first time in years
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Asahi Group Holdings Ltd. will raise prices for its Super Dry beer and other beverages for the first time in years, joining Lawson Inc., McDonald’s Holdings Co. Japan and other companies facing rising costs for ingredients, packaging and transport, Bloomberg reported on April 26.
The price hike, which includes kegs, Yoichi whiskeys and other beverages, will take effect for shipments from Oct. 1, the Tokyo-based brewer said in a statement Tuesday. Retail prices will increase 6% to 10%, a company spokesman said.
Although consumers in rich economies across the world have been experiencing the impact of inflation for more than a year, shoppers in Japan have become accustomed to flat prices, and even deflation, for the better part of three decades. Energy costs are also on the rise, and the recent weakness of the yen is also pushing up costs for imported goods, contributing to price hikes.
“We expect that the various costs associated with production and logistics will continue to rise, and it will be difficult to offset these increases,” Asahi said. The brewer last raised canned beer prices in 2008, while bottles and kegs became more expensive in 2018.
Earlier this month, convenience-store operator Lawson said it will raise the price of
...More info on site
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USA: Boston Beer Company reports Q1 financial results
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The Boston Beer Company, Inc. on April 21 reported financial results for the first quarter ended March 26, 2022. Key results were:
First quarter depletions decreased 7% and first quarter shipments decreased 25.1% compared to the quarter ended March 27, 2021.
First quarter net revenue of $430.1 million decreased 21.1% compared to the net revenue realized in the first quarter of 2021.
First quarter gross margin of 40.2% was 5.6 percentage points below the 2021 first quarter margin of 45.8%.
First quarter operating expenses of $175.1 million increased 1.2% compared to the first quarter of 2021.
First quarter net loss of $2.0 million or $0.16 per diluted share, decreased from net income of $65.6 million or $5.26 per diluted share in the first quarter of 2021. This change between periods was primarily driven by decreased net revenue and gross margins.
Full-year depletion and shipment growth continues to be estimated at between 4% and 10%.
"Despite our depletions decline, we gained dollar share in measured off-premise channels in the first quarter – the second-largest share gain among brewers," said Chairman and Founder Jim Koch. "The out-of-stock issues that affected our first quarter performance have improved during the quarter, setting us up for additional growth over the rest
...More info on site
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USA: Peroni Nastro Azzurro launches ambitious marketing campaign to gain more imported beer market share
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While nearly all of the growth in imported beer comes from Mexican brands like Modelo Especial, Dos Equis, and Pacifico, Italian beer brand Peroni Nastro Azzurro has launched an ambitious marketing campaign to set itself up as a leader for the rest of the import category. The brand, owned by Molson Coors Beverage Company, has set a short-term goal of doubling volume by 2025 and a pie-in-the-sky, long-term hope of becoming a 1-million-barrel brand in the U.S, the Good Beer Hunting reported on April 22.
Thanks to a well-funded marketing effort and distribution into new locations, Peroni did double its sales volume from 2017-2021, but would need to increase at a rate reserved for the fastest-growing brands in the country to double again between 2021-2025. The brand would also need to sell 10 times more beer than it currently does to reach 1 million BBLs. Drinkers bought about 93,000 BBLs of Peroni in 2021 through chain retail, and the company says about 40% of volume additionally comes from draft sales.
Still, these goals represent a serious effort to capitalize on interest in imports beyond Mexican Lager. Peroni’s growth would likely come at the expense of its major European beer competitors such as
...More info on site
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Barley News
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EU: Barley production forecast to increase to 54 mln tonnes in 2022/23
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The EU-27 barley production is forecast to reach 54 mln tonnes in 2022/23, H. M. Gauger GmbH said in their early April report, up
...More info on site
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Australia: Barley crop estimate for 2022 lower at 10.5 mln tonnes
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Following a successful barley crop of +13.5 mln tonnes and strong competition from other crops, the Australian crop 2022 estimate is lower at 10.5
...More info on site
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Argentina: Barley crop 2022 estimated at up to 5.8 mln tonnes
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RMI Analytics’ estimate for Argentina’s barley crop 2022 calls for a 5.2 mln tonnes output (some local estimates are 5.5 – 5.8 mln tonnes),
...More info on site
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Canada: 2022-23 barley outlook is for sharply lower carry-in stocks and larger production
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For 2021-22, the Canadian barley supply and demand situation includes sharply lower carry-in stocks, production and supply, as well as significantly reduced domestic feed
...More info on site
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Ukraine: Ukraine sows 3.02 mln ha of main agricultural crops of the 14.4 mln planned
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During the 2022 sowing season, Ukraine sowed 3.02 million hectares of land with the main agricultural crops, which is 20.1% of the 14.4 million hectares planned for the current season, the data on which were adjusted the day before to increase by 7.1% (from 13.44 million hectares previously announced), the Ministry of Agrarian Policy and Food said on April 22.
According to data published on its website, over the past week from April 15 to April 21, the area under crops increased by 56%, from 1.94 million hectares to 3.02 million hectares.
It is clarified that by now the total area sown with spring barley is 802,200 hectares (more by 59,000 hectares per week), sunflower – 896,000 hectares (more by 462,300 hectares), spring wheat – 164,400 hectares (more by 18,000 hectares), peas – 107,200 hectares (more by 6,700 hectares), oats – 127,000 hectares (more by 15,400 hectares).
In addition, the sown area under potatoes is 366,200 hectares, sugar beets – 155,600 hectares, soybeans – 62,000 hectares, spring rapeseeds – 16,400 hectares, millet – 4,800 hectares, buckwheat – 1,000 hectares.
According to the Ministry of Agrarian Policy, Vinnytsia, Volyn, Zakarpattia, Kirovohrad, Odesa, Poltava, Rivne, Ternopil and Khmelnytsky regions have completed the sowing of spring crops
...More info on site
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