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E-Malt.com Flash 49a
December 05 - December 07, 2022
Quote of the Week
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Currency Rates
Base Currency: Euro
on December 07, 2022 |
Base Currency: US Dollar
on December 07, 2022 |
| |
1 EUR = 1.0492 USD
1 EUR = 0.8611 GBP
1 EUR = 1.4290 CAD
1 EUR = 1.5631 AUD
1 EUR = 143.4720 JPY
1 EUR = 5.5203 BRL
1 EUR = 65.6020 RUB
1 EUR = 7.3300 CNY
|
|
1 USD = 0.9530 EUR
1 USD = 0.8207 GBP
1 USD = 1.3620 CAD
1 USD = 1.4897 AUD
1 USD = 136.7400 JPY
1 USD = 5.2616 BRL
1 USD = 62.5279 RUB
1 USD = 6.9865 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 07, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
338.00-340.00 |  1.17% |
| 6RW Malting Barley (FOB Creil) |
313.00-315.00 | 0.95% |
| Feed Barley (FOB Creil) |
269.00-271.00 | 2.88% |
| 2RS Malt (FOB Antwerp) |
666.00-668.00 | 0.73% |
| 6RW Malt (FOB Antwerp) |
635.00-637.00 | 0.58% |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
337.00-339.00 | 1.17% |
| 6RW Malting Barley (FOB Creil) |
321.00-323.00 | 0.62% |
| 2RS Malt (FOB Antwerp) |
663.50-665.50 | 0.74% |
| 6RW Malt (FOB Antwerp) |
699.50-701.50 | 0.70% |
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.
World: Global beer consumption holding up despite economic challenges - Heineken
...Click here
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Singapore & Thailand: Analysts maintain ‘buy’ call on ThaiBev forecasting FY2023 to be a year of growth
...Click here
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EU-27 & UK: Old crop barley prices weaker as maltsters and brewers seem comfortably covered
...Click here
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Canada & USA: Barley crops forecast at 9.74 mln tonnes for Canada, 3.77 mln for the US
...Click here
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Australia: Despite imperfect weather more reports on positive barley harvest results coming in
...Click here
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Australia: Malting barley premium surges to reflect wet end to growing season
...Click here
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North America: Corn trade war between Mexico and the US could affect badly Canadian barley growers
...Click here
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China: Tsingtao Brewery upgrading marketing concepts in line with changing tastes
...Click here
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UK: Energy costs to sink UK pubs and brewers, research finds
...Click here
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Cuba: Netherlands' Swinkels Family Brewers invests in brewery in Cuba
...Click here
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Canada, BC: Malt and spirit-based beverages start rolling out from Molson Coors brewery in Chilliwack
...Click here
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UK: Marston's Plc posts lower-than-expected annual profit
...Click here
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World: Asahi Super Dry 0.0% beer launches in markets across the world
...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
05 December
1492 - Christopher Columbus discovers Hispaniola (El Espanola/Haiti)
1791 - Wolfgang Amadeus Mozart, composer, dies in Vienna Austria at 35
1792 - George Washington re-elected U.S. pres
1879 - 1st automatic telephone switching system patented
1880 - Blue Jeans are invented
1880 - Walter Elias Disney was born, Chicago IL, animator (father of Mickey Mouse)
1978 - European Union establishes EMS, European Monetary System
1985 - Dow Jones Industrial Average rises above the 1,500 level for 1st time
1989 - France TGV train reaches world record speed of 482.4 kph
06 December
1492 - Haiti discovered by Columbus, at Mole Saint Nicolas
1768 - 1st edition of "Encyclopedia Brittanica" published (Scotland)
1877 - Washington Post publishes 1st edition
1922 - 1st electric power line commercial carrier in U.S., Utica, New York
07 December
1877 - Thomas A Edison demonstrates the gramophone
1926 - Gas refrigerator patented
1941 - Japanese attack Pearl Harbor (a date that will live in infamy)
1945 - Microwave oven patented
Agenda
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 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
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)
November 2023:
14 - 16: Brau Beviale 2022 (Nuremberg, Germany)
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Brewery News
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World: Global beer consumption holding up despite economic challenges - Heineken
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Global beer consumption is holding up despite economic challenges, with employment strong and drinkers still treating higher-priced "premium" beer as an affordable luxury, the
...More info on site
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Singapore & Thailand: Analysts maintain ‘buy’ call on ThaiBev forecasting FY2023 to be a year of growth
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Thai Beverage (ThaiBev) posted better-than-expected results for FY2022 ended September, with revenue and patmi at 101% and 109% of forecasts, says PhillipCapital’s head of
...More info on site
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India: AB InBev to expand its Mysuru brewery
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Brewer Anheuser-Busch InBev (AB InBev) that has set up a brewery unit in Mysuru, Karnataka has expressed interest to extend its plant by investing another ₹500 crore, The Hindu Business Line reported on December 6.
AB InBev Chairman and Chief Executive Officer John Crop met Chief Minister Basavaraj Bommai on December 5 and showed interest to invest more in the State, the CMO said in a release.
It said AB InBev is an American-Belgian multinational drink and brewing company based in Leuven, Belgium. This company has set up a brewery unit in Mysuru and wanted to extend its plan by investing another ₹500 crore.
The State was appreciated for having the best Excise policy and also a good industry-friendly atmosphere, it further said, adding that the company intends to make more investments in Karnataka.
Responding to the interest evinced, the Chief Minister promised all help from the State government.
AB InBev is one among the Fortune 500 companies in the world and has manufacturing units in 150 countries. In India, its headquarters is located in Bengaluru.
The Mysuru unit has around 2,000 employees and nearly 79 per cent of working is through renewable sources of energy.
With the expansion of this brewery, the State treasury would get
...More info on site
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China: Tsingtao Brewery upgrading marketing concepts in line with changing tastes
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Tsingtao Brewery, a time-honored beer brand based in Qingdao, Shandong province, is upgrading its marketing concepts in line with changing tastes, the China Daily reported on December 2, citing company officials.
Young people are reshaping the company's concept of appealing to those looking primarily for the value of their money. Instead, it is finding that it pays to attract those who want to associate the product with feelings such as warmth and uniqueness, they said.
The company has opened new types of taverns to cater to diverse demands and has seen business booms.
Tsingtao Brewery has opened more than 260 taverns in over 60 cities nationwide, and those taverns have found favor with the new generation of consumers.
At Liyuan tavern in Qingdao, the space is also set up for activities such as tea drinking, reading books and bed-and-breakfast stays.
The company said it hopes the taverns will satisfy different groups of consumers, such as those who like taking pictures, prefer a relatively quiet environment or wish to discuss business privately.
Company officials said the process of opening taverns has been very different from running breweries to produce beer. Operating their pubs means managing supply chain systems and maintaining standards across all their businesses, they said.
...More info on site
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UK: Energy costs to sink UK pubs and brewers, research finds
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UK’s pubs and breweries will face major financial losses, make no profit and many will be forced to shut if the energy bill relief scheme is not extended for them beyond 31 March 2023, new research has found.
In a new report by Frontier Economics, produced for the British Beer and Pub Association (BBPA), calculations showed energy bills returning to their regular rate post-March would put pubs and brewers at a loss of 20% on average.
The report showed energy costs were the biggest threat to their viability and would be even more lethal when the relief scheme ends in April. This was on top of cost inflation across other parts of their businesses, from food and drink to key commodities and wage rises contributing to profit margins being erased.
Based on analysis of industry reports, accounts and interviews with pub operators and brewers from August to October 2022, the report noted how businesses had already made changes to mitigate against cost inflation where possible; from changing menu options to reducing opening hours. It flagged that energy costs were still hitting businesses hard and rises after March ‘could not be guarded against' and would be ‘crippling'.
In addition to illustrating the immense pressures facing
...More info on site
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Cuba: Netherlands' Swinkels Family Brewers invests in brewery in Cuba
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In one of the few instances of foreign direct investment in Cuba since the beginning of the pandemic, a family-owned beer brewer from the Netherlands formed a joint venture with a Cuban state company and began construction of a brewery in the Mariel Special Development Zone, the Cuba Standard reported on December 6.
The joint venture of Swinkels Family Brewers with state company Cuba Ron SA, called Cervecería Cubana SA, is close to completion of a $100 million brewery at Mariel, which will supply up to 1 million hectolitres of Parranda-brand beer beginning in January or February, according to local media reports.
Parranda will be sold in PET bottles of 500ml and 1.5 litres.
Swinkels is the majority partner, holding 60% of the joint venture through its Spanish subsidiary.
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Canada, BC: Malt and spirit-based beverages start rolling out from Molson Coors brewery in Chilliwack
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Malt and spirit-based beverages started rolling out from the Molson Coors brewery in Chilliwack for the first time this week, The Progress reported on December 6.
While the company’s 236-year history is deeply rooted in beer, the rebranded Molson Coors Beverage Company is gaining traction with a raft of new products that go behind the beer aisle.
In Chilliwack, operational upgrades from early 2022 prepared them for these changes that took place at the Fraser Valley Brewery, and they dovetail with Molson Coors’ environmentally responsible brewing process.
“Investing in our brewing capabilities is a top priority for Molson Coors,” said David Hamel, Molson Coors’ general manager of operations for Western Canada. “This upgrade supports many of our commitments as a company – from modernizing our operations in Chilliwack, to unlocking additional brewing capacity for our above-premium brands, to doing so responsibly by ensuring our facilities are pillars of sustainable brewing for years to come.”
Two of the biggest Molson Coors facilities in Canada, in Chilliwack and Toronto, saw production get underway Monday for brands like Vizzy Hard Seltzer and CoorsSeltzer destined for the Western market, and Central Canada.
Both breweries are now “live” with production of non-beer beverages that will lead to thousands of additional
...More info on site
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UK: Marston's Plc posts lower-than-expected annual profit
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UK pub operator Marston's Plc posted lower-than-expected annual profit on December 6 after the reopening of the economy after months of COVID curbs and said sales were encouraging since start of the current fiscal year.
The company's pre-tax profit was 27.7 million pounds ($33.7 million) for the 52 weeks ended Oct. 2, compared with Refinitiv analysts' estimates of 28.40 million pounds.
It had posted a loss of 100 million pounds a year earlier when UK hospitality firms were hammered by the pandemic.
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Rwanda: Bralirwa announces launch of Heineken® 0.0
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Bralirwa announces the launch of Heineken® 0.0 that was unveiled on December 2, The New Times.
“Heineken® 0.0 is a great tasting alcohol-free beer, brewed with a unique recipe for a distinct balanced taste, which now allows you to enjoy a Heineken® beer at any time of day; it positively transforms dull non-beer moments into unexpected beer moments,” a statement from Bralirwa said.
The objective, according to Bralirwa, is to empower consumers with choice and options for all their drinking occasions. This addresses the cultural trend around the importance of living a balanced lifestyle which enables people who can’t drink alcohol to be involved in every beer moment.
“This innovation is aimed at both men and women (LDA+) who like the taste of beer, but not necessarily the effects of alcohol at certain moments in the day. Despite the product not containing alcohol, it is aimed at those above legal drinking age.”
For the launch, this innovation will be available at 1,500RWF in a 330ml CAN. Bralirwa Plc is the 20th HEINEKEN Operating Company in the Africa, Middle East and Eastern Europe (AMEE) region and the 108th Globally to launch Heineken® 0.0.
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World: Asahi Super Dry 0.0% beer launches in markets across the world
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Asahi Europe & International has announced the launch of its alcohol-free beer, Asahi Super Dry 0.0%, in the UK, Ireland, Australia, France, Sweden, USA, Canada, Brewbound reported on December 6.
Asahi Super Dry 0.0% offers consumers an alcohol-free version of the super-premium brand, Asahi Super Dry. Consumers can expect the exact same signature crisp, refreshing, super dry taste that has led Asahi Dry to be the number one selling beer in Japan.
In 1987, Asahi Super Dry launched introducing the world to a new “super dry” taste redefining the category. Now, this revolution is happening again as Asahi introduces the same super-dry taste to the world, but now alcohol-free. Asahi’s Master Brewers have combined pioneering Japanese brewing techniques with the finest barley, maize, hops, and yeast available. The base recipe of Asahi Super Dry is taken through a process of de-alcoholisation to create the finished beer at 0.0% ABV, delivering a super-premium alcohol-free beer that matches the promise of the original to go Beyond Expected. This promise brought about the creation of the world’s first super-dry alcohol-free beer, inspiring beer drinkers to step outside their norm and discover a true taste of modern Japan by blending tradition and innovation.
The launch
...More info on site
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Barley News
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EU-27 & UK: Old crop barley prices weaker as maltsters and brewers seem comfortably covered
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Old crop (2022) barley prices are weaker in Europe as maltsters and brewers seem comfortably covered at the moment, RMI Analytics said earlier this
...More info on site
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Canada & USA: Barley crops forecast at 9.74 mln tonnes for Canada, 3.77 mln for the US
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The barley crop situation is unchanged in Canada and the US, at 9.74 mln tonnes and 3.77 mln, respectively, with domestic maltsters generally covered
...More info on site
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Australia: Despite imperfect weather more reports on positive barley harvest results coming in
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Although on the surface the story of wet conditions in eastern Australia continues, there is favourable clearing in the forecast. There are reports of
...More info on site
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Australia: Malting barley premium surges to reflect wet end to growing season
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The premium for malting barley over feed has surged to reflect the wet end to the growing season in south-eastern Australia, and pull the
...More info on site
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North America: Corn trade war between Mexico and the US could affect badly Canadian barley growers
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A brewing corn trade war between Mexico and the United States could have dire consequences for Canadian barley growers, an analyst was quoted as saying by the Western Producer on December 2.
Mexican president Andres Manuel Lopez Obrador issued a presidential decree on Dec. 31, 2020, that would ban the import of genetically modified corn starting in 2024 and phase out the use of glyphosate.
On Nov. 28, 2022, the United States threatened legal action against Mexico if it proceeds with that plan.
“The president’s phase-out decree has the potential to substantially disrupt trade, harm farmers on both sides of the border and significantly increase costs for Mexican farmers,” U.S. Secretary of Agriculture Tom Vilsack said in a tweet after meeting with Lopez Obrador.
“We must find a way forward soon, and I emphasized in no uncertain terms that, absent acceptable resolution of this issue, the U.S. government would be forced to consider all options, including taking formal steps to enforce our legal rights under the USMCA.”
Following the meeting, Lopez Obrador indicated there could be a compromise, with Mexico allowing imports of yellow corn, used for livestock feed, while blocking white corn, imported for human consumption.
That proposal did not sit well with U.S. National
...More info on site
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