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E-Malt.com Flash 04a
January 23 - January 25, 2023
Quote of the Week
Fermentation may have been a greater discovery than fire.
David Rains Wallace
Currency Rates
Base Currency: Euro
on January 25, 2023 |
Base Currency: US Dollar
on January 25, 2023 |
| |
1 EUR = 1.0875 USD
1 EUR = 0.8808 GBP
1 EUR = 1.4534 CAD
1 EUR = 1.5461 AUD
1 EUR = 141.5980 JPY
1 EUR = 5.6333 BRL
1 EUR = 75.0256 RUB
1 EUR = 7.3759 CNY
|
|
1 USD = 0.9194 EUR
1 USD = 0.8099 GBP
1 USD = 1.3365 CAD
1 USD = 1.4215 AUD
1 USD = 130.1960 JPY
1 USD = 5.1800 BRL
1 USD = 68.9891 RUB
1 USD = 6.7824 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 25, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
307.00-309.00 |  |
| 6RW Malting Barley (FOB Creil) |
290.00-292.00 | |
| Feed Barley (FOB Creil) |
263.00-265.00 | |
| 2RS Malt (FOB Antwerp) |
629.00-631.00 | |
| 6RW Malt (FOB Antwerp) |
608.00-610.00 | |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
315.00-317.00 | |
| 6RW Malting Barley (FOB Creil) |
301.00-303.00 | |
| 2RS Malt (FOB Antwerp) |
636.50-638.50 | |
| 6RW Malt (FOB Antwerp) |
672.50-674.50 | |
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.
USA: Inflation sends drinkers towards cheaper beer or fancier drinks - Cowen analysts
...Click here
|
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USA: Beer, cider, wine, spirits and RTD post growth across premium-plus price tiers in 2022 – preliminary data
...Click here
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Zimbabwe: Delta Corporation lines up several capacity expansion initiatives
...Click here
|
China: Total grain imports down 10.7%, barley drops by staggering 53.8% in 2022
...Click here
|
USA: 2022 hop crop down 12.31% versus 2021 record production
...Click here
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India: United Spirits reports 64.4% slump in quarterly profit
...Click here
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France: Farm office raises soft wheat exports, barley and maize ending stocks forecasts for 2022-23
...Click here
|
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China & France: China buys at least several large vessels of French barley this month
...Click here
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UK: The Scotch Malt Whisky Society announces new boss, says revenue likely exceeded expectations in 2022
...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
23 January
1849 - Patent granted for an envelope-making machine
1932 - The Reconstruction Finance Corp. is created under a law signed today by Pres. Herbert Hoover
1991 - World's largest oil spill, caused by embattled Iraqi forces in Kuwait
24 January
1902 - Denmark sells Virgin Islands to USA
1935 - 1st canned beer, "Krueger Cream Ale," is sold by Kruger Brewing Co
1984 - Apple Computer Inc unveil its Macintosh personal computer
25 January
1853 - Basic financial disclosure becomes mandatory for all companies seeking to list their stock for trading on the New York Stock & Exchange Board
1919 - Founding of League of Nations
1959 - First transcontinental commercial jet flight (LA to NY for $301)
Agenda
February 2023:
02 - 03: Glug Swiss 2023 (Alte Reithalle, Aarau, Switzerland)
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)
23 - 25: Brewer World Conclave 2023 (Bengaluru, India)
March 2023:
07 - 09: Expo Antad & Alimentaria Mexico 2023 (Expo Guadalajara, Jalisco, Mexico)
08 - 11: Festival Brasileiro da Cerveja 2023 (Blumenau, Brazil)
15 - 16: BeerX 2023 (Liverpool, UK)
20 - 24: IBD Asia Pacific Convention 2023 (Adelaide, Australia)
23 - 25: Warsaw Beer Festival 2023 (Warsaw, Poland)
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)
22 - 23: Zythos Beer Festival 2023 (Kortrijk, Belgium)
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)
12 - 13: Copenhagen Beer Festival 2023 (Copenhagen, Denmark)
18 - 21: Mondial de la Biere 2023 (Montreal, Canada)
21 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
24 - 25: 34d International VLB Craft Brewing Conference (Online)
25 - 27: InnBrew 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
30 - 01 June: Craft Beer China 2023 (Shanghai, China)
June 2023:
01 - 04: Wiener Bierfest 2023 (Vienna, Austria)
05 - 06: Tallinn Craft Beer Weekend 2023 (Tallinn, Estonia)
10 - 11: Bruges Beer Festival 2023 (Bruges, Belgium)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
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)
18 - 19: Beervana 2023 (Wellington, New Zealand)
September 2023:
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
18 - 20: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
19 - 20: Sea Brew 2023 (Ho Chi Minh City, Vietnam)
20 - 21: Salon du Brasseur 2023 (Parc Expo Nancy, France)
21 - 23: Whisky Live Paris 2023 (Paris, France)
November 2023:
28 - 30: Brau Beviale 2022 (Nuremberg, Germany)
December 2023:
06 - 08: Drink Japan 2023 (Makuhari Messe, Japan)
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Brewery News
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USA: Inflation sends drinkers towards cheaper beer or fancier drinks - Cowen analysts
|
A divide between wealthy and not-as-wealthy alcohol consumers is hurting makers of premium beer, Cowen analysts said in a note on January 25.
Inflation-drained lower-income
...More info on site
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USA: Beer, cider, wine, spirits and RTD post growth across premium-plus price tiers in 2022 – preliminary data
|
|
IWSR Drinks Market Analysis, a global leader in alcohol data and analysis, recently released preliminary 2022 data across the total beverage alcohol industry in
...More info on site
|
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Zimbabwe: Delta Corporation lines up several capacity expansion initiatives
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Beverages maker, Delta Corporation, has lined up several capacity expansion initiatives for financial year 2023 as it seeks to meet consumer demand, especially for its sorghum beer segment, The Herald reported on January 24.
The group is angling for growth opportunities in the economy, which local government has projected to grow by 3.8 percent driven by increased activity in the mining and agriculture sectors.
Delta indicated one of the planned initiatives entails bringing back the sorghum beer Scud pack to narrow supply gaps in the segment.
Company secretary Faith Musinga said the installation of the new Chibuku plant at the group’s Harare brewery will also enable the group to increase supply for its recently launched Chibuku Super banana flavour.
“The capital investment projects are progressing according to plan and expected to contribute to business performance in the coming financial period,” Ms Musinga said in a trading update released by the company.
“Banana flavour, which was launched in June 2022, has excited the market, and will see an increased supply once packaging capacity and supply chain bottlenecks are addressed.
“The installation of additional production capacity at Harare brewery is in progress for commissioning during the first half of 2023.
“There are ongoing efforts to optimise the available
...More info on site
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Barley News
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China: Total grain imports down 10.7%, barley drops by staggering 53.8% in 2022
|
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The Chinese Yuan value of grain imported by China last year rose by 13.7pc, but the quantity actually declined by 10.7pc compared to 2021
...More info on site
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France: Farm office raises soft wheat exports, barley and maize ending stocks forecasts for 2022-23
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The forecast for 2022-23 soft wheat exports from France outside the European Union has continued to climb to 10.6 million tonnes, 21% more than last year, on strong demand from North Africa, Reuters reported, citing farm office FranceAgriMer.
France, the EU’s biggest producer of wheat, in December had been expected to ship 10.3 million tonnes of the grain, which had been an increase of 300,000 tonnes from the previous month, according to FranceAgriMer.
“What is clear is that demand is still significant from the Maghreb, particularly Morocco,” Paul Le Bideau, deputy head of FranceAgriMer’s grains unit, told reporters.
The competitiveness of French wheat in North African markets had been helped by rising insurance costs for shipping supplies from Russia, the world’s biggest wheat exporter, Le Bideau noted.
Market participants consulted by FranceAgriMer had estimates for French non-EU soft wheat exports ranging between 10 million and 11 million tonnes, he said, adding there was still much uncertainty over the impact of Russia’s ongoing war in Ukraine.
FranceAgriMer trimmed its outlook for soft wheat exports within the EU to 6.64 million tonnes from 6.73 million. It reduced its projection of French soft wheat stocks at the end of the 2022-23 season on June 30 to 2.33 million
...More info on site
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China & France: China buys at least several large vessels of French barley this month
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Chinese buyers are thought to have booked at least several large vessels of French barley this month, swelling a French export programme as merchants ship out a previous round of sales from late last year, Reuters reported on January 23, citing European traders.
China has become a major export market for French barley in recent years. As one of the few European barley origins approved for import by Beijing, France has attracted extra demand during a trade dispute between China and Australia.
In the latest deals, Chinese importers bought five to six panamax cargoes of some 60,000 tonnes each for shipment in the coming months, three traders said.
There was also market talk that the volume may have reached 10-15 vessels, or as much as 900,000 tonnes.
The latest sales were believed to have taken place in the past three weeks and were for crop from the 2022 harvest to be shipped in first half of 2023, mostly between January and March/April, traders said.
The barley was thought to have been sold for livestock feed rather than malt production.
Further sales were not expected immediately, though, after a sharp rise in French barley premiums following this month's deals and with the Lunar New Year holidays starting
...More info on site
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Hops News
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USA: 2022 hop crop down 12.31% versus 2021 record production
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An atypical spring in the Pacific Northwest defined 2022 as a challenging year for U.S. hop production, hastening a crop 12.31% lower than 2021’s
...More info on site
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Whisky News
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India: United Spirits reports 64.4% slump in quarterly profit
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Indian alcoholic beverage maker United Spirits Ltd on January 24 reported a 64.4% slump in quarterly profit, hurt by soaring input costs, falling sales
...More info on site
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UK: The Scotch Malt Whisky Society announces new boss, says revenue likely exceeded expectations in 2022
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The managing director of the company that owns The Scotch Malt Whisky Society has stepped down with immediate effect, as the business declared it was likely to have exceeded revenue expectations for 2022 and confident of further progress this year, The Herald reported on January 24.
David Ridley leaves the Artisanal Spirits Company having steered it through its stock market flotation in 2021, and following a year of membership and revenue growth.
Mr Ridley, who departs after six years with the firm, oversaw the development of a new supply-chain facility in Uddingston, which became operational in the fourth quarter of last year, the launch of the JG Thomson & Co spirits brand, and the establishment of the Society’s inaugural franchise agreement in South Korea. FJ Korea distributes products to more than 2,000 bars in the country. Last year also saw Artisanal form a partnership with Drinks Alliance in Malaysia.
Andrew Dane, who joined in 2020, has stepped up from his role as finance director to become Artisanal’s first chief executive. Billy McCarter, formerly group financial controller, has been appointed interim finance director while the search for a long-term chief financial officer takes place.
The changes were announced as Artisanal declared that it expects to
...More info on site
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