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E-Malt.com Flash 26b
June 30 - July 03, 2022
Quote of the Week
Beer will always have a definite role in the diet of an individual and can be considered a cog in the wheel of nutritional foods.
Bruce Carlton
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Currency Rates
Base Currency: Euro
on July 01, 2022 |
Base Currency: US Dollar
on July 01, 2022 |
| |
1 EUR = 1.0450 USD
1 EUR = 0.8602 GBP
1 EUR = 1.3471 CAD
1 EUR = 1.5162 AUD
1 EUR = 142.2250 JPY
1 EUR = 5.4399 BRL
1 EUR = 55.8782 RUB
1 EUR = 6.9974 CNY
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|
1 USD = 0.9568 EUR
1 USD = 0.8232 GBP
1 USD = 1.2891 CAD
1 USD = 1.4508 AUD
1 USD = 136.0990 JPY
1 USD = 5.2059 BRL
1 USD = 53.4746 RUB
1 USD = 6.6964 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 01, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
425.00-427.00 |  1.39% |
| 6RW Malting Barley (FOB Creil) |
401.00-403.00 | 0.74% |
| Feed Barley (FOB Creil) |
315.00-317.00 | 2.47% |
| 2RS Malt (FOB Antwerp) |
747.50-749.50 | 0.98% |
| 6RW Malt (FOB Antwerp) |
718.00-720.00 | 0.51% |
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.
USA: Constellation Brands reports first-quarter profit topping analysts’ expectations
...Click here
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Japan & Myanmar: Kirin to sell its stake in Myanmar joint venture and exit the country
...Click here
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Australia: Break in prolonged rainfall creates window to advance barley sowing
...Click here
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Canada: 2021-22 barley carry-out stocks projected at record low level
...Click here
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South America: Argentina barley production forecast unchanged at 5.4 mln tonnes so far
...Click here
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France & Central African Republic: French anti-terrorism prosecutors open investigation against Groupe Castel
...Click here
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Graph of the week
Table of the week
Germany Hops Area 2020 - 2022s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
30 June
1893 - Harold/Joseph Laski is born, English economist/Labour leader
1896 - W. S. Hadaway patents electric stove
01 July
1875 - Universal Postal Union established
1916 - Coca-Cola brings current coke formula to the market
02 July
1889 - To regulate commercial trusts and monopolies, Congress passes the Sherman Antitrust Act, which outlaws any "combination or conspiracy in restraint of trade"
1921 - 1st million dollar gate ($1.7m) boxing match (Dempsey KOs Carpentier)
1957 - 1st submarine designed to fire guided missiles launched, Grayback
03 July
1790 - In Paris, the marquis of Condorcet proposed granting civil rights to women
1878 - John Wise flew the first dirigible in Lancaster, PA
1886 - 1st New York Tribune printing using 1st commercial linotype machine
1886 - In Germany, Karl Benz drives 1st automobile
1903 - The first cable across the Pacific Ocean was spliced between Honolulu, Midway, Guam and Manila
1928 - 1st color TV broadcast in London (John Logic Baird)
Agenda
July 2022:
27 - 29: Craft Beer China 2022 (Shanghai, China)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
14 - 16: Brewing Summit 2022 (Providence, Rhode Island, USA)
September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
17 - 03 October: Oktoberfest 2022 (Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
12 - 15: China Brew & China Beverage 2022 (Shanghai New International Expo Centre, China)
13 - 15: Warsaw Beer Festival 2022 (Warsaw, Poland)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
06 - 07: 3rd VLB International Brewing Web Conference (VLB Virtual Campus)
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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Brewery News
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USA: Constellation Brands reports first-quarter profit topping analysts’ expectations
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Constellation Brands Inc. on June 30 reported fiscal first-quarter earnings of $389.5 million, AP reported.
On a per-share basis, the Victor, New York-based company said it had profit of $2.06. Earnings, adjusted for non-recurring costs, came to $2.66 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.51 per share.
The wine, liquor and beer company posted revenue of $2.54 billion in the period. Its adjusted revenue was $2.36 billion, which also beat Street forecasts. Five analysts surveyed by Zacks expected $2.19 billion.
Constellation Brands expects full-year earnings to be $10.50 to $10.80 per share.
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Japan & Myanmar: Kirin to sell its stake in Myanmar joint venture and exit the country
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Japanese drinks company Kirin Holdings will sell its stake in a Myanmar joint venture with a military-linked local partner, it said on June 30,
...More info on site
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France & Central African Republic: French anti-terrorism prosecutors open investigation against Groupe Castel
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French anti-terrorism prosecutors have opened an investigation into allegations of potential complicity in war crimes made against Groupe Castel in the Central African Republic (CAR), a source close to the matter told Reuters on July 1.
A local unit of the French wine, beer and soft drink group is suspected of having made payments to local militia, the source said.
A spokesman for Groupe Castel said the company was fully cooperating with French authorities on the matter, and that an internal investigation following the first accusations had shown no evidence of wrongdoing.
Non-governmental organisation The Sentry earlier said the probe had been launched after it submitted a report detailing how a subsidiary of Groupe Castel, SUCAF RCA, may have made payments to the militia groups responsible for torture, rape, and mass killings.
Groupe Castel runs a sugar operation in the CAR, a country that has been racked by violent conflicts for years.
The source close to the matter said the probe that opened in Paris did not formally target the group or executives, but had been opened “against X”, which allows prosecutors to investigate in all directions.
With the launch of the investigation, The Sentry’s lawyers Clemence Witt and Anaïs Sarron told Reuters the prosecutor’s office
...More info on site
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Barley News
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Australia: Break in prolonged rainfall creates window to advance barley sowing
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After a prolonged wet period in northern New South Wales and southern Queensland a break in the rainfall has created a window to advance
...More info on site
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Canada: 2021-22 barley carry-out stocks projected at record low level
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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 consumption and exports, as compared to last year, Agriculture and Agri-Food Canada said in its June report.
Carry-out stocks are projected at 0.4 million tonnes (Mt), a record low level, due to sharply decreased supply.
The stocks-to-use ratio will continue to fall to a record low of 4%, versus 6% last year and 13% for
five-year average.
The Lethbridge feed barley price for 2021-22 is forecast to hit a new high of C$435/t, up sharply from the old record of C$294/t set in 2020-21 and well above the previous five-year average. The 2021-22 prices are supported by uncertain new crop production prospects, tight domestic barley supplies, the decline in the availability of other domestic feed grain substitutes, robust demand and stronger prices of other grains. Barley prices though are being tempered by the large quantities of US corn imports into Western Canada since last September, limiting the price increase.
For 2022-23, Canadian barley acreage is projected at 3.0 million hectares (Mha), 10% lower than 2021-22 but still 5% and 8% above the previous five- and ten-year averages. Of the total,
...More info on site
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South America: Argentina barley production forecast unchanged at 5.4 mln tonnes so far
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Dry conditions in Argentina are building some concern as planting is trying to roll out, RMI Analytics said in their late June report.
Uruguay seeding
...More info on site
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Ukraine: Grain exports plunge 43% in June
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Ukraine's grain exports plunged 43% year-on-year to 1.41 million metric tons in June, the agriculture ministry said on Friday, July 1, highlighting the damage being inflicted on a key sector of the economy by Russia's invasion.
Still, grain exports for the 2021-22 season ending June 30 rose 8.5% to 48.5 million tons, driven by strong shipments prior to the Feb. 24 invasion, the data showed.
Ukraine's grain exports have slumped since the start of the war as its Black Sea ports — the key route for shipments — have been largely closed off, driving up global food prices and prompting fears of shortages in Africa and the Middle East.
The ministry data showed wheat exports rose to 18.7 million tons in the 2021/22 season from 16.6 million a year earlier.
Corn exports edged up to 23.5 million tons from 23.1 million, while barley sales increased to around 5.8 million tons from 4.2 million.
The government has said Ukraine could harvest up 65 million tons of grain and oilseeds this year, compared with 106 million in 2021, due to the loss of land to Russian forces and lower grain yields.
The ministry said farmers in southern and eastern Ukraine had already started the 2022 harvest, threshing 293,800
...More info on site
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