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E-Malt.com Flash 12b
March 23 - March 26, 2023
Quote of the Week
You can't let your failures define you. You have to let your failures teach you.
Barack Obama
Currency Rates
Base Currency: Euro
on March 24, 2023 |
Base Currency: US Dollar
on March 24, 2023 |
| |
1 EUR = 1.0878 USD
1 EUR = 0.8841 GBP
1 EUR = 1.4884 CAD
1 EUR = 1.6204 AUD
1 EUR = 142.4150 JPY
1 EUR = 5.7156 BRL
1 EUR = 83.0052 RUB
1 EUR = 7.4264 CNY
|
|
1 USD = 0.9192 EUR
1 USD = 0.8127 GBP
1 USD = 1.3683 CAD
1 USD = 1.4895 AUD
1 USD = 130.9150 JPY
1 USD = 5.2545 BRL
1 USD = 76.3084 RUB
1 USD = 6.8272 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 24, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
291.00-293.00 |  0.69% |
| 6RW Malting Barley (FOB Creil) |
266.00-268.00 |  0.74% |
| Feed Barley (FOB Creil) |
245.00-247.00 | 1.20% |
| 2RS Malt (FOB Antwerp) |
609.50-611.50 | 0.40% |
| 6RW Malt (FOB Antwerp) |
579.00-581.00 | 0.42% |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
296.00-298.00 |  |
| 6RW Malting Barley (FOB Creil) |
280.00-282.00 | 0.36% |
| 2RS Malt (FOB Antwerp) |
613.00-615.00 | |
| 6RW Malt (FOB Antwerp) |
649.00-651.00 | |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
281.00-283.00 | 0.73% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Analysts forecast continued and steady recovery for global beer volume growth
...Click here
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Germany: Number of breweries declines to 1,507 in 2022
...Click here
|
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USA: Beer sales data continues to reflect ongoing challenges
...Click here
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UK: Craft beer sales still short of pre-pandemic levels, SIBA report says
...Click here
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World: Lower barley prices reported across the board
...Click here
|
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EU & UK: Barley prices are down in France, Denmark, and the UK
...Click here
|
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Canada: Barley supplies projected sharply up in 2022-23
...Click here
|
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Ireland: Irish Distillers and Heineken to help barley farmers adopt regenerative agricultural practices
...Click here
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UK: Britain’s oldest brewer warns of prices hike in its pubs
...Click here
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Graph of the week
Table of the week
EU Roasted Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 March
1836 - Coin Press invented by Franklin Beale
1857 - Elisha Graves Otis installs the world's first safety elevator for passengers in the E.V. Haughwout and Co. store in New York City
1861 - London's 1st tramcars, designed by Mr. Train of New York, begins operating
1951 - Wages in France increase 11%
24 March
1867 - Metropolitan Life Insurance Co. forms
1898 - 1st automobile sold
1955 - 1st seagoing oil drill rig placed in service
25 March
1814 - Netherlands Bank established
1954 - RCA manufactures 1st color TV set (12 1/2'' screen at $1,000)
1957 - Treaty of Rome establishes European Economic Community (Common Market)
1970 - Concorde makes its 1st supersonic flight (700 MPH/1,127 KPH)
26 March
1780 - The British Gazette and Sunday Monitor was published for the first time. It was the first Sunday newspaper in Britain
1885 - Eastman Kodak (Eastman Dry Plate and Film Co.) produced the first commercial motion picture film in Rochster, NY
1996 - The International Monetary Fund approved a $10.2 billion loan for Russia to help the country transform its economy
Agenda
March 2023:
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: Craft Beer China 2023 (Shanghai, China)
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)
10 - 11: Bruges Beer Festival 2023 (Bruges, Belgium)
12 - 13: IGC Grains Conference 2023 (London, UK)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
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)
February 2024:
23 - 25: Finest Spirits 2024 (Munich, Germany)
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Malt News
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World: Analysts forecast continued and steady recovery for global beer volume growth
|
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RMI Analytics’ forecast for global beer volume growth is a continued and steady recovery from the Covid-19 pandemic disruption, the analysts said in their
...More info on site
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Brewery News
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Germany: Number of breweries declines to 1,507 in 2022
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The number of breweries in Germany totalled 1,507 in 2022 – almost 3% below the pre-pandemic 2019, the German Brewers Association reported.
Over the last
...More info on site
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USA: Beer sales data continues to reflect ongoing challenges
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US beer sales data continues to reflect the ongoing challenges for many beer categories, including craft, FMB/seltzers, and cider in January this year, RMI
...More info on site
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UK: Craft beer sales still short of pre-pandemic levels, SIBA report says
|
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Eight out of ten people in the UK believe that a well-run independent brewery has a positive effect on its local community, according to
...More info on site
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UK: Britain’s oldest brewer warns of prices hike in its pubs
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Britain’s oldest brewer has warned that prices in its pubs are set to go up, due to rising inflation and the cost of living crisis, Yahoo News reported on March 23.
Official figures on March 22 revealed there was a surprise jump in inflation to 10.4% last month following a period when it decreased.
Now Shepherd Neame, which has 303 pubs and hotels in south-east England – predominantly in Kent and London – has said that the pressures of inflation have negated their recent upturn in profits.
As a result, price rises in its bars are expected, the firm said.
Chief executive Jonathan Neame told Kent Online: "I think prices will continue to go up – that's inevitable.”
Neame said that food prices in the company’s establishments had not yet risen, but added: "We will do our level best to keep good value for money and try and keep the pub experience affordable for people, but there is still a significant amount of inflation."
He added that the hospitality sector had been experiencing inflation “significantly more than the headline national inflation” and is still suffering the effects of the pandemic and current cost of living crisis.
He said: "I think we'd have hoped it would have been
...More info on site
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Barley News
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World: Lower barley prices reported across the board
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Industry observers are reporting lower barley prices across the world, RMI Analytics said in their latest report.
Australia retains the position as the lowest price
...More info on site
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EU & UK: Barley prices are down in France, Denmark, and the UK
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French barley prices are down in both Creil and Mosel, with crop 2022 finished trading and quotes are mostly nominal at this stage, RMI
...More info on site
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Canada: Barley supplies projected sharply up in 2022-23
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For 2022-23, Canadian barley supplies are projected at 10.6 million tonnes (Mt), up sharply from last year’s record low of 7.9 Mt. This is primarily due to a rebound in production compensating for record low carry-in stocks, Agriculture and Agri-Food Canada said in its March report.
As a result of the recovery in supply, demand for both domestic use and exports is expected to increase significantly from last year. Total domestic use is forecast at 6.0 Mt, up 28% from last year on higher feed and industrial use. Total exports are projected at 3.7 Mt, up 37% from last year, with additional support from the United States Department of Agriculture’s (USDA) data which shows a decrease in production for some of the world’s major barley exporting countries and, respectively, a lowered export outlook. The major international destinations for Canadian barley and products include China, the US, Japan and Mexico.
Carry-out stocks are projected at 0.9 Mt, rising sharply from last year’s record low and marginally
above the previous five-year average.
There was a downward trend seen over the past month in the Lethbridge feed barley price. For the crop year to-date, the Lethbridge feed barley price averaged around C$418/tonne (t). For the entire crop
...More info on site
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Ireland: Irish Distillers and Heineken to help barley farmers adopt regenerative agricultural practices
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Jameson whiskey owner Irish Distillers and Heineken Ireland will work together for three years to help barley farmers adopt regenerative agricultural practices, The Spirit Business reported on March 23.
The three-year study will support farmers to ultimately improve the economic and climatic resilience of malting barley farming in Ireland.
The pilot project is part of a global collaboration initiated by Heineken and Pernod Ricard, parent company of Irish Distillers, on the resilience of agricultural raw materials.
The project will aim to improve soil health, carbon retention, increase biodiversity, improve water quality and improve the livelihoods of farmers.
Additional measures to achieve this will include minimising soil disturbance, increasing crop diversity, increasing soil cover by maintaining living roots all year round, and reducing chemical inputs.
Kathryn D’Arcy, communications and corporate affairs director at Irish Distillers, said: “At Irish Distillers, we have a proud history of buying quality grain from Irish farmers to produce our whiskeys.
“In line with the Pernod Ricard 2030 sustainability and responsibility roadmap ‘Good Times from a Good Place’, we are committed to working in partnership with our suppliers to develop regenerative agricultural practices that enhance natural ecosystems and respond to the challenges of climate change.
“Through the regenerative agriculture pilot programme for malting barley,
...More info on site
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