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E-Malt.com Flash 08b February 23 - February 26, 2023
Quote of the Week
The best beer in the world is the open bottle in your hand.
Danny Jansen
Currency Rates
Base Currency: Euro on February 24, 2023 |
Base Currency: US Dollar on February 24, 2023 |
|
1 EUR = 1.0604 USD
1 EUR = 0.8809 GBP
1 EUR = 1.4355 CAD
1 EUR = 1.5555 AUD
1 EUR = 142.9650 JPY
1 EUR = 5.4534 BRL
1 EUR = 79.8111 RUB
1 EUR = 7.3127 CNY
|
|
1 USD = 0.9429 EUR
1 USD = 0.8307 GBP
1 USD = 1.3537 CAD
1 USD = 1.4667 AUD
1 USD = 134.8110 JPY
1 USD = 5.1428 BRL
1 USD = 75.2644 RUB
1 USD = 6.8961 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
February 24, 2023 |
French Barley/Malt Crop 2022 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
296.00-298.00 | |
6RW Malting Barley (FOB Creil) |
273.00-275.00 | |
Feed Barley (FOB Creil) |
265.00-267.00 | |
2RS Malt (FOB Antwerp) |
615.50-617.50 | |
6RW Malt (FOB Antwerp) |
587.00-589.00 | |
French Barley/Malt Crop 2023 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
308.00-310.00 | |
6RW Malting Barley (FOB Creil) |
289.00-291.00 | |
2RS Malt (FOB Antwerp) |
628.00-630.00 | |
6RW Malt (FOB Antwerp) |
664.00-666.00 | |
German Malting Barley Crop 2022 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
292.50-294.50 | 0.24% |
No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Bill Gates buys minority stake in Heineken Holding NV
...Click here
|
Malaysia: Carlsberg Malaysia records increase in sales across three markets
...Click here
|
World: Barley S&D forecast mostly unchanged in RMI’s latest report
...Click here
|
EU & UK: Barley crop forecast for 2023 mostly unchanged
...Click here
|
Canada & China: Malting barley test batches sent to China by container
...Click here
|
Malaysia: Carlsberg Managing Director hopeful excise duty not increased in Budget 2023
...Click here
|
UK: Molson Coors set to launch alcohol-free Staropramen 0.0 in the UK
...Click here
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Graph of the week
Table of the week
EU & UK Malt Production Capacity
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 February
1886 - Aluminum manufacturing process developed
1886 - London Times publishes world's 1st classified ad
1965 - Michael Dell is born. He later drops out of the University of Texas at Austin to found Dell Computer Corp. with the radical idea of assembling made-to-order computers
24 February
1921 - 1st transcontinental flight in 24 hours flying time
1986 - Texas Air buys Eastern Airlines for $676 million
1995 - Dow-Jones hits record 4011.74
25 February
1791 - 1st Bank of U.S. chartered
1837 - 1st U.S. electric printing press patented by Thomas Davenport
1862 - Paper currency introduced in U.S. by President Abraham Lincoln
26 February
1848 - 2nd French Republic proclaimed
1907 - Royal Oil and Shell merge to form British Petroleum (BP)
1993 - World Trade Center bombing
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy
Agenda
February 2023:
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)
26 - 28: Barcelona Beer Festival 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)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
19 - 20: Brew Asia 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)
Brewery News
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World: Bill Gates buys minority stake in Heineken Holding NV
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Bill Gates has acquired a minority stake in Heineken Holding NV, the controlling shareholder of the world’s second-largest brewer, for about $902 million, Bloomberg
...More info on site
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Malaysia: Carlsberg Malaysia records increase in sales across three markets
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The drinkers are back with a vengeance. Carlsberg Brewery recorded increases in sales across three markets – Malaysia, Singapore and even economically troubled Sri
...More info on site
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Malaysia: Carlsberg Managing Director hopeful excise duty not increased in Budget 2023
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Carlsberg Brewery Malaysia Bhd managing director Stefano Clini hopes that the retabling of Budget 2023 on February 23 would not bring with it additional excise duties for the beer industry, as he believes the outlook for the company remains uncertain, The Star reported.
He noted that the world is still facing the risk of global recession and strong inflationary pressures.
Clini said while 2023 may not present the same tough hurdles thrown up by the past three years, it would still be fraught with numerous challenges. He is definitely not wishing that increased excise duties be one of them.
Speaking at a press conference after Carlsberg’s results briefing session for its fourth quarter ended Dec 31 2022, he said not elevating beer excise rates would also be good for the government’s coffers, especially since Malaysia already has the second highest excise duty for beer in the world after Norway.
“We do not want people to go to illicit or smuggled products, because if they do, then it would not be positive for the government’s income. Our industry needs a sound policy that would support us in growing our business volumes, which would in turn generate more income for the government,” he said.
While net profit
...More info on site
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UK: Molson Coors set to launch alcohol-free Staropramen 0.0 in the UK
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Molson Coors is set to launch Staropramen 0.0, a new alcohol-free lager that has taken the brewing team more than two years to perfect, The Drinks Business reported on February 23.
Speaking to The Drinks Business, Kathryn Reynolds, marketing controller – premium beers at Molson Coors Beverage Company, said: “The expert Staropramen team has perfected their method of brewing a zero alcohol lager that truly delivers on flavour. The result – Staropramen 0.0 – a full-flavoured Czech pilsner with zero alcohol.”
Staropramen 0.0 will roll out in 330ml bottles and multipacks across selected retailers in March and joins Molson Coors’ line-up of alcohol-free brand variants, including: Cobra Zero, Rekorderlig Alcohol Free and Doom Bar Zero.
Reynolds said: “As the number of alcohol-free occasions continues to increase, we’re confident Staropramen 0.0 will be a popular choice with shoppers and boost low-and-no alcohol sales in retail. This will help the brand continue its upward trajectory, which has already seen it climb seven places in three years to enter the top 30 lager brands in Great Britain.”
Molson Coors outlined how achieving 0.0% alcohol is “significantly more difficult to brew than 0.5%” but stated that Staropramen 0.0 maintains a “subtle sweet flavour and soft malty-fruity aroma”.
The beer
...More info on site
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Barley News
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World: Barley S&D forecast mostly unchanged in RMI’s latest report
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Global barley supply & demand is mostly unchanged in RMI Analytics’ latest report; on the supply side crop 2022 remains at 151.7 mln tonnes,
...More info on site
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EU & UK: Barley crop forecast for 2023 mostly unchanged
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In crop 2023, the EU-27 & UK production is mostly unchanged, down slightly to 59.51 mln tonnes, but 0.72 mln tonnes over crop 2022,
...More info on site
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Canada & China: Malting barley test batches sent to China by container
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The malting barley market is developing in the field and at overseas breweries, but it requires constant combat with wheat and other competitors for prairie farmers’ acres, The Western Producer reported on February 23.
The industry is thrilled with good new varieties getting out into farmers’ hands and is making sure to get the grain into Chinese hands as well.
“We facilitate container shipments of new varieties to end users in China so they can do production trials,” Peter Watts, director of the Canadian Malt Barley Technical Centre, said in an interview at CropConnect in Winnipeg.
CMBTC subsidizes the cost of getting the new variety to big commercial brewers in China to entice them into taking a chance on something different than they normally use.
“They don’t want to take the risk,” said Watts.
This year, CMBTC plans to ship 800 tonnes of CDC Churchill to a brewer that does 400-tonne batches. Previously, varieties such as Synergy, Connect, Bow and Fraser have been sent, with 1,000 tonnes being a typical test quantity.
“That’s real market development,” said Watts.
“That’s how we got AAC Connect accepted in China.”
Fraser is also close to being commercially accepted in China after being tried by brewers.
It is important to get commercial brewers
...More info on site
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