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E-Malt.com Flash 45a
November 07 - November 09, 2022
Quote of the Week
It's not what happens to you but how you react to it that matters.
Epictetus
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Currency Rates
Base Currency: Euro
on November 09, 2022 |
Base Currency: US Dollar
on November 09, 2022 |
| |
1 EUR = 1.0029 USD
1 EUR = 0.8714 GBP
1 EUR = 1.3511 CAD
1 EUR = 1.5463 AUD
1 EUR = 146.5860 JPY
1 EUR = 5.1719 BRL
1 EUR = 61.4087 RUB
1 EUR = 7.2676 CNY
|
|
1 USD = 0.9970 EUR
1 USD = 0.8688 GBP
1 USD = 1.3473 CAD
1 USD = 1.5417 AUD
1 USD = 146.1550 JPY
1 USD = 5.1570 BRL
1 USD = 61.2319 RUB
1 USD = 7.2467 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 09, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
357.00-359.00 |  |
| 6RW Malting Barley (FOB Creil) |
327.00-329.00 | |
| Feed Barley (FOB Creil) |
298.00-300.00 |  1.32% |
| 2RS Malt (FOB Antwerp) |
688.50-690.50 | |
| 6RW Malt (FOB Antwerp) |
651.50-653.50 | |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
352.00-354.00 | 1.12% |
| 6RW Malting Barley (FOB Creil) |
334.00-336.00 | 0.30% |
| 2RS Malt (FOB Antwerp) |
682.00-684.00 | 0.72% |
| 6RW Malt (FOB Antwerp) |
718.00-720.00 | 0.68% |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Analysts expect tight malt supplies, boost to beer consumption by FIFA World Cup in Q4
...Click here
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World: China, Germany report increase in January-September beer volumes
...Click here
|
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The Philippines: San Miguel Brewery reports double-digit increase in January-September net income
...Click here
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Malaysia: Heineken Malaysia sees Q3 net profit double to RM108.74 mln
...Click here
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Italy: Number of craft breweries triples in the last ten years
...Click here
|
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UK: Carlsberg planning to sell Eagle Brewery to Spanish brewer SA Damm
...Click here
|
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Australia: Australia’s third largest brewer Coopers records 3.5% decline in beer sales in the 12 months to June 30
...Click here
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World: Improving barley situation takes turn for the worse
...Click here
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EU: Barley production forecast to slightly decrease in 2022/23
...Click here
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Australia: Concern for barley crop keeps growing as wet conditions prevail on east coast
...Click here
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USA: Drinks giants at war over the meaning of “beer”
...Click here
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The Czech Republic: Budějovický Budvar joins other brewers in price hikes
...Click here
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Russia: Putin approves secret deal to smuggle Scotch whisky into Russia
...Click here
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Qatar: AB InBev stocking up for beer drinking bonanza during World Cup in Qatar
...Click here
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Graph of the week
Table of the week
Barley and Wheat Usage by UK Maltsters, Brewers, and Distillers
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 November
1865 - London Gazette, oldest surviving journal, is founded
1867 - Marie Curie is born, French Scientist, discovered radium, Nobel 1903, 1911
1929 - The stock market sludges through a day of murky panic, as 2.4 million shares trade in the first half-hour, one of the heaviest openings yet on record
08 November
1789 - Bourbon Whiskey, 1st distilled from corn (by Elijah Craig, Bourbon Ky)
1793 - Louvre opens in Paris
09 November
1731 - Benjamin Banneker, the brilliant African-American mathematician and inventor, is born on a farm in Ellicott's Mills, Md
1801 - Gail Borden, Jr. is born to Gail and Philadelphia Borden in Norwich. After a decade of constant experimentation with preserving food, Borden is awarded is awarded a U.S. patent for condensed milk in 1856
Agenda
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
06 - 08: 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)
07 - 11: Mondial de la Biere Rio 2022 (Rio de Janeiro, Brazil)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
16 - 18: Great British Beer Festival Winter 2023 (Burton Town Hall, Burton-on-Trent, UK)
20 - 23: Beer & Food Attraction 2023 (Rimini, Italy)
March 2023:
07 - 09: Expo Antad & Alimentaria Mexico 2023 (Expo Guadalajara, Jalisco, Mexico)
08 - 11: Festival Brasileiro da Cerveja 2023 (Blumenau, Brazil)
24 - 26: St Malo Craft Beer Expo 2023 (St Malo, France)
April 2023:
02 - 06: 15th International Trends in Brewing 'Beer & Society' 2023 (Leuven, Belgium)
06 - 08: KIBEX 2023 (Seoul, South Korea)
May 2023:
07 - 10: Craft Brewers Conference & BrewExpo America 2023 (Nashville, TN, USA)
10 - 10: World Beer Cup 2023 (Nashville, TN, USA)
12 - 14: Cerveza Mexico Expo 2023 (Guadalajara, Mexico)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
22 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
25 - 27: InnBrew 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
June 2023:
01 - 04: Wiener Bierfest 2023 (Vienna, Austria)
05 - 06: Tallinn Craft Beer Weekend 2023 (Tallinn, Estonia)
13 - 14: IGC Grains Conference 2023 (London, UK)
August 2023:
10 - 12: VIETFOOD & BEVERAGE - VIETNAM 2023 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
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Malt News
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World: Analysts expect tight malt supplies, boost to beer consumption by FIFA World Cup in Q4
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World’s major brewers released recently their financial performance data for Q3 2022, and the results pointed out to the fact that a continued beer
...More info on site
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Brewery News
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World: China, Germany report increase in January-September beer volumes
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Chinese beer output totalled 31.0 mln hl in September, plus 5.1% y/y; January-September output was 294.8 mln hl, plus 1.4% y/y, H. M. Gauger
...More info on site
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The Philippines: San Miguel Brewery reports double-digit increase in January-September net income
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San Miguel Brewery Inc. (SMB), the flagship beer business of San Miguel Corp. (SMC), reported a double-digit increase in its net income for the
...More info on site
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Malaysia: Heineken Malaysia sees Q3 net profit double to RM108.74 mln
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Heineken Malaysia Bhd's net profit for the third quarter ended Sept 30, 2022 (3QFY22) doubled to RM108.74 million from RM51.02 million in the same
...More info on site
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Italy: Number of craft breweries triples in the last ten years
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100% made in Italy beer is increasingly popular. In the last ten years, craft breweries have tripled and today there are 1,085. Of course,
...More info on site
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UK: Carlsberg planning to sell Eagle Brewery to Spanish brewer SA Damm
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Carlsberg Marston’s Brewing Company (CMBC) is planning to sell the Eagle Brewery, Bedford to Spanish brewer SA Damm (Damm) for an undisclosed sum, the
...More info on site
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Australia: Australia’s third largest brewer Coopers records 3.5% decline in beer sales in the 12 months to June 30
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The lingering impacts of the COVID pandemic continue to impact Coopers, but the company says it is ‘cautiously optimistic’ for the year ahead as
...More info on site
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USA: Drinks giants at war over the meaning of “beer”
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A New York court has refused to throw out AB InBev’s legal case against Constellation Brands, meaning that the two drinks titans remain at loggerheads over the definition of the term ‘beer’, The Drinks Business reported on November 7.
What is beer? It was defined as early as 1516 in Bavaria’s Reinheistsgebot, the famous purity law which classified it as a beverage produced solely from water, barley and yeast.
Since then every significant dictionary has provided its own description, and various national excise laws have further underpinned the definition of probably the world’s most popular brewed beverage.
But seemingly none is sufficiently specific to satisfy two of the world’s biggest drinks group, Anheuser Busch InBev, the Number one brewer, with a stock market value of around US$90 billion, and Constellation Brands, the leading US drinks producer, valued at US$45 billion.
The two are locked in what could become multi-billion dollar lawsuits over the use of the Corona and Modelo Mexican beer brand names in the US.
Back in 2013, AB InBev was allowed to complete one of the biggest beer takeovers to date when it bought the remainder of Mexico’s Modelo group that it did not already own. The US trade regulators approved the
...More info on site
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The Czech Republic: Budějovický Budvar joins other brewers in price hikes
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November brought another increase in the price of Czech beer. Budějovický Budvar joined the producers who increased the price for a pint, it can mean two crowns more, the Prague Morning reported on November 7.
Energy prices have increased almost fourfold for the České Budějovice brewery. That is why it has increased beer prices by about ten percent since November.
“The main reason for this is energy prices and prices of packaging material, prices of hops and prices of malt in particular, we expect them to go up again by tens of percent,” described the director of Budějovický Budvar Petr Dvořák.
The price of a pint has risen by about two crowns, but in some pubs the increase may be even higher. They also plan to increase the price by other costs.
“It is electricity, gas and other things that cannot be reflected in the two crowns. Pubs have to charge more. If they can go up at all, because the loss of guests is already rapid,” said Jan Dobiáš, owner of the Zlatá Hvězda restaurant.
Even establishments that pour other beer brands into pints have had to increase their prices.
The largest Czech brewery Plzeňský Prazdroj has also raised prices, by an average of CZK
...More info on site
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Qatar: AB InBev stocking up for beer drinking bonanza during World Cup in Qatar
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The King of Beers is taking over Qatar, Bloomberg reported on November 7.
The signs started appearing early this year: At the Qatar Distribution Company — the only alcohol retailer in the conservative Muslim country — a massive poster with Budweiser branding featuring Lionel Messi was plastered across the entrance. Then more of Doha’s bars and restaurants started offering Budweiser on tap, a new choice in a city of Heineken draughts.
Anheuser-Busch InBev Worldwide has operated within the confines of Qatar’s strict alcohol laws for years without fanfare. Now executives are delicately seeking to maximize the return on investment of Budweiser’s World Cup sponsorship contract, in a place with where local Qatari officials came close to barring alcohol from the tournament events entirely.
Stocking up for the FIFA 2022 World Cup, which starts Nov. 20, has been a monumental undertaking for the World Cup’s official beer. The beverage brand expects more beer will be consumed during the tournament than would typically happen during an entire year in the country, according to Peter Kraemer, AB InBev’s chief supply officer.
Without breweries in the region, the company had to ship its product to Qatar by ocean freight, then find refrigerated warehouse space to protect from the
...More info on site
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Barley News
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World: Improving barley situation takes turn for the worse
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The correction downward from the record high barley price levels has run into resistance as the improving barley situation has taken a turn for
...More info on site
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EU: Barley production forecast to slightly decrease in 2022/23
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The EU-27 barley production is forecast to total 51.464 mln tonnes in 2022/23, slightly down from 51.973 mln in 2021/22 and considerably below the
...More info on site
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Canada: Barley markets extremely firm
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Canadian barley markets are extremely firm. Production is up from 7 to 9.5 mln tonnes, forecast domestic feed demand up from 4.3 to 6.0
...More info on site
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Australia: Concern for barley crop keeps growing as wet conditions prevail on east coast
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Wet conditions continue to prevail on Australia’s east coast with no break from the steady rains which are delaying harvest and raising concerns about
...More info on site
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Whisky News
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Russia: Putin approves secret deal to smuggle Scotch whisky into Russia
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Vladimir Putin has approved a secret deal for Scotch whisky to be smuggled into Russia, amid its ongoing invasion of Ukraine, the Mirror reported on November 6.
The Kremlin boss has dodged an exports ban with the new deal that allows popular brands such as Bell’s, Johnnie Walker and Macallan across the border into Russia via a process called parallel imports.
Alternatively known as ‘the grey market’ it means goods can be supplied without the consent of the manufacturer, owner, or licence holder to get them into the former Soviet Union.
This sneaky backdoor into trading already covers around 200 big brands including Apple, Marvel, Disney Pixar and DC Comics.
But the Russian leader is now trying to get brands like Aberlour, Bowmore, Lagavulin and more onto the list, the Daily Record reports. Other products like Jägermeister, Jack Daniel’s, Jim Beam and Malibu are also being sought for import.
All were widely available in Russia until the country launched its brutal invasion of Ukraine and manufacturers announced the suspension of supplies.
Governments across the world including the UK, the US and the EU have slapped punishing sanctions on Russia and stopped or severely limited trade with the now largely pariah state.
Over a 1000 foreign firms also
...More info on site
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