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E-Malt.com Flash 04b
January 26 - January 29, 2023
Quote of the Week
Fermentation may have been a greater discovery than fire.
David Rains Wallace
Currency Rates
Base Currency: Euro
on January 27, 2023 |
Base Currency: US Dollar
on January 27, 2023 |
| |
1 EUR = 1.0898 USD
1 EUR = 0.8791 GBP
1 EUR = 1.4570 CAD
1 EUR = 1.5326 AUD
1 EUR = 141.4740 JPY
1 EUR = 5.5303 BRL
1 EUR = 75.6081 RUB
1 EUR = 7.3906 CNY
|
|
1 USD = 0.9175 EUR
1 USD = 0.8066 GBP
1 USD = 1.3369 CAD
1 USD = 1.4061 AUD
1 USD = 129.8070 JPY
1 USD = 5.0745 BRL
1 USD = 69.3772 RUB
1 USD = 6.7815 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 27, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
303.00-305.00 |  1.30% |
| 6RW Malting Barley (FOB Creil) |
286.00-288.00 | 1.37% |
| Feed Barley (FOB Creil) |
259.00-261.00 | 1.52% |
| 2RS Malt (FOB Antwerp) |
624.00-626.00 | 0.78% |
| 6RW Malt (FOB Antwerp) |
603.00-605.00 | 0.81% |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
310.00-312.00 | 1.58% |
| 6RW Malting Barley (FOB Creil) |
295.00-297.00 | 1.99% |
| 2RS Malt (FOB Antwerp) |
630.00-632.00 | 0.97% |
| 6RW Malt (FOB Antwerp) |
666.00-668.00 | 0.91% |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
295.00-297.00 | 4.84% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
Ireland: Diageo’s net sales in Ireland grow 20% helped by Guinness price increases
...Click here
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Kenya: East African Breweries reports 4% growth in half-year net sales
...Click here
|
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Kenya: Diageo gets regulatory approval to increase stake in Kenya's East African Breweries
...Click here
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EU & UK: Barley crop forecast increased slightly to 59.27 mln tonnes
...Click here
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Australia: Australia set for third consecutive record grain crop - USDA
...Click here
|
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EU: Forecast of barley output maintained at 51.6 mln tonnes
...Click here
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USA: Diageo bosses expect US demand for whisky to bounce back
...Click here
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Belgium: Renowned Belgian beer Achel loses Trappist beer status
...Click here
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UK: Guinness number one beer at British pubs, restaurants and nightclubs, Diageo says
...Click here
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Canada: Feed barley, wheat prices continue downward
...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
26 January
1871 - US income tax repealed
1886 - Karl Benz patents 1st auto with burning motor
1921 - Akio Morita, the co-founder of Sony Corp., is born in Nagoya, Japan
27 January
1880 - Thomas Edison patents electric incandescent lamp
1888 - National Geographic Society organizes
1926 - 1st public demonstration of television by John L Baird, London
2006 - Western Union discontinues its Telegram and Commercial Messaging services
28 January
1878 - 1st telephone exchange (New Haven, CT)
1878 - Yale Daily News published, 1st college daily newspaper
1998 - Michelangelo's "Christ & the Woman of Samaria", sold for $7.4 million
29 January
1886 - 1st successful gasoline-driven car patented, Karl Benz, Karlsruhe
1986 - 193.8 million shares traded in NY Stock Exchange
1988 - United Airlines Boeing 747SP, circles world in 36h54m15s
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: Beer shipments down an estimated 4.6% in 2022
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U.S. brewers shipped an estimated 161,586,015 barrels of beer in 2022, a -4.6% decline versus 2021, according to the Beer Institute (BI), citing domestic
...More info on site
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World: Diageo’s half-year sales grow almost 10%
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Diageo, supplier of Johnnie Walker and Guinness, has reported its half-year results to 31 December 2022 showing an overall sales growth of almost 10%.
The
...More info on site
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Ireland: Diageo’s net sales in Ireland grow 20% helped by Guinness price increases
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Diageo's total net sales in Ireland grew 20%, helped by price increases for Guinness, while global sales of Baileys were flat on weaker demand
...More info on site
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Kenya: East African Breweries reports 4% growth in half-year net sales
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East African Breweries PLC (EABL) has reported a four percent growth in its net sales to record Sh57.3 billion for the half year ended
...More info on site
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Kenya: Diageo gets regulatory approval to increase stake in Kenya's East African Breweries
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Diageo Kenya, a unit of Diageo Plc, has received regulatory approval to buy an extra 14.97% stake in Kenya's East African Breweries, it said
...More info on site
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Belgium: Renowned Belgian beer Achel loses Trappist beer status
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Renowned Belgian beer Achel will no longer be able to market itself as a Trappist beer, De Standaard has reported, leaving only five breweries of its kind in Belgium.
The news follows the recent purchase of the Saint Benedict Abbey of Hamont-Achel — better known as the Achelse Kluis — by Belgian entrepreneur Jan Tormans. The Achelse Kluis had previously belonged to Westmalle Abbey, another famous Trappist brewery.
Achel was stripped of its official Authentic Trappist Product (ATP) label in January 2021, after its brewing process ceased to be formally supervised by local monks — a prerequisite for being designated an ATP. However, given that the Achelse Kluis was still legally owned by Westmalle Abbey, Achel was able to continue to market itself as a Trappist beer.
"The concept and the ingredients will probably remain," said the Mayor of Hamont-Achel, Theo Schuurmans, on the De Ochtend radio show. He added that he suspected the "Achel" name will be retained, but merely without the "Trappist" label.
Only five official Trappist beers now remain in Belgium: Westmalle, Westvleteren, Chimay, Orval and Rochefort.
There are also two with official ATP labelling in the Netherlands, one in Italy, one in Austria and one in England. In May 2022, the
...More info on site
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UK: Guinness number one beer at British pubs, restaurants and nightclubs, Diageo says
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The number-one beer at British pubs, restaurants and nightclubs is the stout most closely associated with Ireland: Guinness, the Morningstar reported on January 26.
That's according to Guinness maker Diageo, which reported fiscal first-half results on January 26.
"I never believed I'd see this day. It's fantastic," CEO Ivan Menezes told analysts on a conference call. "The brand is really healthy."
The company more broadly reported a 15% rise in adjusted earnings per share to 98.6 pence, as revenue rose 18% to GBP9.42 billion ($1.7 billion). It reported a 1.8% rise in volume but a 9.4% rise in comparable sales.
Bank of America said both organic sales and earnings before interest and tax came in ahead of estimates. Growth was driven by Europe and emerging markets, but North America slowed more than anticipated, with organic sales of 3%.
Diageo shares skidded 6% in London trade. Simon Hales, a Citigroup analyst, said it's tough to see a silver lining as shipment patterns normalize, marketing spend rises and questions around the health of the U.S. consumer continue.
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Barley News
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World: Barley prices remain in a downward trend
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Global barley prices remain in a downward trend, but the overall impact is being tempered by the strengthening of EUR versus the USD, RMI
...More info on site
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EU & UK: Barley crop forecast increased slightly to 59.27 mln tonnes
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For barley crop 2022, the EU27+UK estimate remains at 58.47 mln tonnes, while crop 2023 production increases slightly to 59.27 mln, RMI Analytics said
...More info on site
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EU: Forecast of barley output maintained at 51.6 mln tonnes
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The European Commission on January 26 left unchanged most of its monthly forecasts for last year's grain harvests in the European Union with usable
...More info on site
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Australia: Australia set for third consecutive record grain crop - USDA
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Australia is set for a third consecutive record grain crop, and strong exports. Wheat production is estimated to have reached a record 37 million
...More info on site
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Canada: Feed barley, wheat prices continue downward
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As colder temperatures descend onto the Prairies, buying activity for feed barley and wheat was just as frigid, the Canadian Cattlemen reported on January 26.
“A lot of guys are fairly caught up with purchasing,” said Mike Fleischhauer of Eagle Commodities Inc. in Lethbridge. “You see the prices of wheat and barley start to trickle down a little bit. Corn’s down a little bit, as well. There’s still a pile of unit trains of corn coming down into southern Alberta, but I haven’t seen a real big uptick in people looking to purchase barley and wheat.”
Fleischhauer also mentioned that feed barley prices are at C$420-C$425 per tonne (C$9.14-C$9.25 per bushel) in southern Alberta, compared to C$440-C$443/tonne (C$9.58-C$9.65/bu.) one week earlier.
The high-delivered bid for feed barley in Alberta as of January 25 was C$9.58/bu., steady over the past month, according to Prairie Ag Hotwire.
“I think this year until new crop is going to be kind of shaky, up and down, I don’t know where it’s going to go. In terms of price, C$420 (per tonne) is a pretty good price at this time,” Fleischhauer said.
Corn is putting pressure on barley and wheat prices, but other grains are making their way into feedlots,
...More info on site
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Whisky News
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USA: Diageo bosses expect US demand for whisky to bounce back
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Weaker sales of Scotch whisky in the US caused shares in Diageo to slump more than 5.5% on January 26, wiping nearly £4.6 billion
...More info on site
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