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E-Malt.com Flash 28a
July 11 - July 13, 2022
Quote of the Week
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Beverly Sills
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Currency Rates
Base Currency: Euro
on July 13, 2022 |
Base Currency: US Dollar
on July 13, 2022 |
| |
1 EUR = 1.0033 USD
1 EUR = 0.8450 GBP
1 EUR = 1.3064 CAD
1 EUR = 1.4879 AUD
1 EUR = 137.4120 JPY
1 EUR = 5.4170 BRL
1 EUR = 59.8805 RUB
1 EUR = 6.7455 CNY
|
|
1 USD = 0.9966 EUR
1 USD = 0.8422 GBP
1 USD = 1.3021 CAD
1 USD = 1.4830 AUD
1 USD = 136.9560 JPY
1 USD = 5.3994 BRL
1 USD = 59.6857 RUB
1 USD = 6.7236 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 13, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
383.00-385.00 |  3.52% |
| 6RW Malting Barley (FOB Creil) |
361.00-363.00 | 3.21% |
| Feed Barley (FOB Creil) |
294.00-296.00 |  |
| 2RS Malt (FOB Antwerp) |
696.00-698.00 | 2.41% |
| 6RW Malt (FOB Antwerp) |
669.00-671.00 | 2.16% |
German Malting Barley
Crop 2022
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.
EU: Malt industry working at full capacity and must ration call-offs in some parts of the EU
...Click here
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World: China sees decline in January-May beer output, German beer sales up 7.3% during the period
...Click here
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China: Recovery of beer market continues to face serious obstacles - Tsingtao
...Click here
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World: Combined output of world’s top 40 largest brewers up by about 80 mln hl last year
...Click here
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EU: EU brewers enjoying the best summer since years
...Click here
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Ukraine: January-June beer output down 32%, malt down by 42.5%
...Click here
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Romania: Romanian brewer Bergenbier reports 10% yoy increase in 2021 turnover
...Click here
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World: Grains and oilseeds S/D balance not changed in a big way over June
...Click here
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World: World barley trade forecast down in USDA’s July report
...Click here
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France: Total barley production projected at 11.177 mln tonnes this year
...Click here
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EU: Winter barley harvest advancing, prices on the defensive
...Click here
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Argentina: Barley crop forecast held at 5.4 mln tonnes
...Click here
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UK: Total barley area estimated to be 4$ down on the year
...Click here
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India: Pernod Ricard puts new Indian investments on hold
...Click here
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UK: Premium beer brands becoming more prominent across UK pub and bar menus
...Click here
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North Korea: North Korea celebrates 20th anniversary of its national beer
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
11 July
1934 - FDR became 1st pres to travel through Panama Canal
1962 - 1st transatlantic TV transmission via satellite (Telstar I)
1972 - The first game of the World Chess Championship
1985 - Coca-Cola announces the return of Coke Classic after the company had tried displacing the old formula with New Coke
12 July
1793 - The world's first optical telecommunications network is launched
1854 - George Eastman is born, future founder of "Kodak"
1859 - Paper bag manufacturing machine patents by William Goodale, Massachusetts
13 July
1568 - Dean of St. Paul's Cathedral perfects a way to bottle beer
1852 - Wells, Fargo & Co. is founded by Henry Wells and William G. Fargo
1898 - Guglielmo Marconi patents radio
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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Malt News
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EU: Malt industry working at full capacity and must ration call-offs in some parts of the EU
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The EU malt industry is working at full capacity and must ration call-offs in some parts of the EU, H. M. Gauger GmbH reported
...More info on site
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Brewery News
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China: Recovery of beer market continues to face serious obstacles - Tsingtao
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In 2021, the beer industry in China produced 35.62 million kilolitres of beer in total, according to data from that nation’s National Bureau of
...More info on site
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World: Combined output of world’s top 40 largest brewers up by about 80 mln hl last year
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The combined output of the world’s 40 largest brewers in 2021 rose by about 80 million hectolitres to nearly 1.7 billion hectolitres, representing an
...More info on site
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World: China sees decline in January-May beer output, German beer sales up 7.3% during the period
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Belgian beer output in 2021 is reported at approximately 23.95 mln hl, of which for export at 17.5 mln and for domestic consumption 6.45
...More info on site
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EU: EU brewers enjoying the best summer since years
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EU brewers enjoy the best summer since years, gastronomy, travel, summer festivals push beer sales back to pre-pandemic levels. The sore point is the
...More info on site
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Ukraine: January-June beer output down 32%, malt down by 42.5%
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Ukraine’s beer output totalled 5.76 mln hl in January-June this year, 32% below the volume brewed over the same period in 2021, trade association
...More info on site
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Romania: Romanian brewer Bergenbier reports 10% yoy increase in 2021 turnover
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Romanian brewer Bergenbier, part of U.S.-Canadian group Molson Coors Beverage Company, said on July 11 its turnover rose 10% year-on-year to 716 million lei ($147 million / 145 million euro) in 2021 and announced it plans to further develop its beyond beer portfolio, the SeeNews reported.
"In 2021, Covid-19 restrictions continued to affect the HoReCa sector. We managed to compensate through our strong Off Trade channel and strategic plans helped us to have a solid performance at company level, in line with forecasts," Bergenbier general manager Mihai Voicu said in a company press release.
The company's long-term plan is to diversify its product portfolio in the beyond beer segment, as beer mixes and flavored beers are increasingly popular. These products' sales on the Romanian market increased by 20% last year.
"The current year has come with a series of new challenges prompted by record inflation, and rising prices of utilities and raw materials which affects the entire beer production and distribution chain," Bergenbier financial director Alexandru Nomicos said.
Some 98% of all raw materials used in production by Bergenbier originate from Romania.
"The outlook for the second half of 2022 is far from optimistic. Consumers' purchasing power has fallen to a worrying level, and our
...More info on site
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UK: Premium beer brands becoming more prominent across UK pub and bar menus
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Premium beer brands are becoming more prominent on operator menus across UK pub and bar drinks menus, according to data from Lumina Intelligence’s Menu Tracker.
Data collected in May 2022 shows that Brewdog accounts for 19% of all 330ml beer bottles or cans on the menus of 20 largest pub and bar brands in the UK - an increase of one percentage point versus February 2022. Heineken, meanwhile, accounts for 7% - an increase of five percentage points, and Amstel accounts for 3% - an increase of one percentage points.
All three of these brands are more expensive than the average price of beer on menus, Lumina reports – Brewdog is 12.5% more, Heineken 2.6%, and Amstel 5%.
As well as premium beer brands, operators are turning to spirits to drive higher spend.
In April 2022, gin was the most prominent spirit to feature on pub menus – accounting for 37% of all spirits on menus. Whiskey is the next highest and has grown its share since February – accounting for 17% of all spirits on a pub/bar menu.
Operators are expanding their ranges of these more premium drinks, with the average price of whiskey on drinks menus 1% more expensive than total spirits.
Pub operators
...More info on site
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North Korea: North Korea celebrates 20th anniversary of its national beer
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North Korea has celebrated the 20th anniversary of the state’s national beer – which was founded after the regime bought a British brewery, the Metro reported on July 9.
The drink, Taedonggang, began life after the Ushers plant was purchased by the regime for £10 million and reassembled in Pyongyang.
The beer is said to have won ‘great public favor’ and to have been made in line with ‘detailed teachings’ delivered by the rogue state’s former supreme leader, Kim Jong-il, who died in December 2011.
He is said to have shown ‘deep care’ for the factory’s construction in a news release by the regime’s online outlet last week.
Taedonggang, which is named after a river in the capital, owes its existence to the purchase of the brewery after the Wiltshire company went bust following 176 years of award-winning production.
Marking the anniversary, the Rodong Sinmun website, a mouthpiece for the state, said: ‘Taedonggang Beer, which gained great public favor at an international beer exhibition in 2019, is very popular among all people.’
Gary Todd, who had been head brewer at Ushers before it folded, found himself in the unlikely scenario of training up North Korean staff so the plant could be rebuilt 5,200 miles away.
He said:
...More info on site
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Barley News
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World: Grains and oilseeds S/D balance not changed in a big way over June
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The world S/D balance of grains and oilseeds has not changed in a big way; chances of Black Sea shipments of Ukrainian grains are
...More info on site
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World: World barley trade forecast down in USDA’s July report
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World barley trade is forecast to total 29.716 mln tonnes in 2022/23, down from 30.516 mln tonnes forecast in June and only slightly more
...More info on site
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France: Total barley production projected at 11.177 mln tonnes this year
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In its first forecast of the wheat harvest season, France’s farm office reported soft wheat production will be 32.895 million tonnes, down 7.2% from
...More info on site
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EU: Winter barley harvest advancing, prices on the defensive
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EU’s winter barley harvest has advanced during the past two weeks, avoiding significant rains in the region, RMI Analytics reported earlier in July.
French winter
...More info on site
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Argentina: Barley crop forecast held at 5.4 mln tonnes
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Dry areas of Argentina did not receive rain, while Uruguay and the far south of Brazil got hit with heavy rains during the last
...More info on site
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UK: Total barley area estimated to be 4$ down on the year
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The UK wheat area for harvest 2022 is set to slightly increase year-on-year. With autumn weather not posing many sowing challenges, it is estimated
...More info on site
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Whisky News
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India: Pernod Ricard puts new Indian investments on hold
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French spirits group Pernod Ricard has put new Indian investments on hold due to long-running tax disputes with authorities on valuing liquor imports, according to two sources with direct knowledge and company letters seen by Reuters.
The world's second-biggest spirits group said its legal wrangles have progressively worsened since they first started nearly 30 years ago, making it tough to do business in the country and raising the prospect of a major financial hit.
The maker of Chivas Regal, Glenlivet Scotch whisky and Absolut vodka is lobbying Indian authorities, including Prime Minister Narendra Modi's office, to resolve the matter.
"This ever-lasting litigation has been a big strain on our ease of doing business and has inhibited fresh investment by our group headquartered in Paris (France) for expansion of business in India," Pernod wrote in a Nov. 24 letter to Modi's office.
"These disputes initially arose in 1994 in import valuation by the custom authority, have compounded year after year and is still ongoing."
Pernod's stance casts a shadow on future growth of the company in a region it says is among its "key strategic markets". It expects India and China, the world's two most populous nations, to drive most of the alcoholic industry's growth in
...More info on site
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