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E-Malt.com Flash 16b
April 20 - April 23, 2023
Quote of the Week
Nothing ever tasted better than a cold beer on a beautiful afternoon with nothing to look forward to than more of the same.
Hugh Hood
Currency Rates
Base Currency: Euro
on April 21, 2023 |
Base Currency: US Dollar
on April 21, 2023 |
| |
1 EUR = 1.0964 USD
1 EUR = 0.8815 GBP
1 EUR = 1.4767 CAD
1 EUR = 1.6294 AUD
1 EUR = 147.4200 JPY
1 EUR = 5.5493 BRL
1 EUR = 89.4514 RUB
1 EUR = 7.5418 CNY
|
|
1 USD = 0.9120 EUR
1 USD = 0.8039 GBP
1 USD = 1.3469 CAD
1 USD = 1.4860 AUD
1 USD = 134.4490 JPY
1 USD = 5.0614 BRL
1 USD = 81.5869 RUB
1 USD = 6.8787 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 21, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
269.00-271.00 |  1.82% |
| 6RW Malting Barley (FOB Creil) |
227.00-229.00 | 8.80% |
| Feed Barley (FOB Creil) |
217.00-219.00 | 4.39% |
| 2RS Malt (FOB Antwerp) |
583.50-585.50 | 1.04% |
| 6RW Malt (FOB Antwerp) |
531.50-533.50 | 4.84% |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
270.00-272.00 | 2.17% |
| 6RW Malting Barley (FOB Creil) |
250.00-252.00 | 0.79% |
| 2RS Malt (FOB Antwerp) |
581.00-583.00 | 1.25% |
| 6RW Malt (FOB Antwerp) |
617.00-619.00 | 1.18% |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
271.50-273.50 | 2.18% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
Finland & Belarus: Olvi Group’s net sales increase in Q1, operating result affected by Belarus fine
...Click here
|
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Malaysia: Carlsberg Brewery Malaysia expects this year to remain challenging
...Click here
|
World: Barley crop forecast down on low European supply
...Click here
|
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Europe: Bearish tone dominating across European barley markets
...Click here
|
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Canada: Barley supplies projected sharply up in 2022-23
...Click here
|
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Australia: Barley exports total 955,751 tonnes in February
...Click here
|
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Myanmar: Beer giants allegedly paying tax to military junta
...Click here
|
India: Som Distilleries and Breweries Ltd. commences production at new Karnataka facility
...Click here
|
Graph of the week
Table of the week
UK Unroasted Malt Exports 1995 - 2023
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
20 April
1926 - 1st check sent by radio facsimile transmission across Atlantic
1946 - The League of Nations officially dissolves, giving most of its power to the United Nations
1948 - 1st Polaroid camera was sold in US
1964 - BBC Two launches with a power cut because of the fire at Battersea Power Station
1973 - Canadian ANIK A2 becomes 1st commercial satellite in orbit
21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom
22 April
1864 - The U.S. Congress passes the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States currency
1924 - Hague Chambers of Commerce forms
1969 - 1st human eye transplant performed
1991 - Intel releases 486SX chip
23 April
1851 - Canada issues its 1st postage stamps
1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula
Agenda
April 2023:
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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Brewery News
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Finland & Belarus: Olvi Group’s net sales increase in Q1, operating result affected by Belarus fine
|
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Finland’s Olvi Group’s net sales increased in the first quarter, driven by strong demand, but purchase costs remained high, the company said in a
...More info on site
|
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Malaysia: Carlsberg Brewery Malaysia expects this year to remain challenging
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Carlsberg Brewery Malaysia Bhd expects this year to remain challenging as a result of the global recession, escalating commodity prices and rising local and
...More info on site
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Myanmar: Beer giants allegedly paying tax to military junta
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Brewery giants Heineken, Carlsberg and ThaiBev are allegedly paying tens of millions in tax to the Myanmar military junta, according to a Justice For
...More info on site
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Barley News
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World: Barley crop forecast down on low European supply
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Barley crop 2023 forecast has been lowered to 145.6 mln tonnes, mainly on lower European supply (Spain), while crop 2022 estimate remains unchanged at
...More info on site
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Europe: Bearish tone dominating across European barley markets
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Overall, a bearish tone dominates across European (and global) barley markets which is mainly related to expectations of intense competition following Australia’s return as
...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, Agriculture and Agri-Food Canada said in their April report.
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. 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.
The Lethbridge feed barley price continued to drop over the past month but in a gentle manner. For the crop year to-date, the Lethbridge feed barley price averaged around C$418/tonne (t), versus C$429/t for the same period a year ago. For the entire crop year, the Lethbridge feed barley average price is forecast at C$410/t, down nearly C$20/t from last year’s record high.
According to the US Department of Agriculture (USDA)’s March Grain Stocks report, US barley stocks in all positions on March 1, 2023, were higher than a year ago. At 88.7 million bushels (Mbu), US barley stocks were up by 22% from a
...More info on site
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Australia: Barley exports total 955,751 tonnes in February
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Australia exported 955,751 tonnes of barley and 60,604t of sorghum in February, according to the latest data from the Australian Bureau of Statistics.
Of the 41,896t of malting barley shipped in February, Mexico with 63,000t was the destination for almost half, with Vietnam on 4762t the second-biggest market and Singapore on 3370t the third.
Australia shipped 913,855t of feed barley in February, with 277,500t of it bound for Saudi Arabia, and Japan on 150,305t the second-biggest market, followed by Thailand on 129,379t.
China on sorghum was the largest market for February-shipped sorghum with 56,549t, with Taiwan on 2790t the second-biggest market, and The Philippines with 1100t the third.
“As expected, barley exports saw a good recovery on volumes month on month, notching up our second-largest month for the year,” Flexi Grain pool manager Sam Roache said.
“Volumes were supported by a recovery in Saudi shipments, along with a big month for Japan, Vietnam, Jordan and Kuwait.
“Thailand was probably the most notable, with the around 130,000t being its largest month of shipments in years.”
Mr Roache said this showed barley’s relative value has dropped to the level where it is promoting marginal demand versus both corn and feed wheat in Asia.
“This goes against the notion that barley
...More info on site
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Whisky News
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India: Som Distilleries and Breweries Ltd. commences production at new Karnataka facility
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Shares of Som Distilleries and Breweries Ltd. advanced the most in nearly three weeks after the company started commercial production at its facility in Karnataka, BQ Prime reported on April 19.
The company commenced commercial production in an expanded capacity at a facility in Karnataka's Hassan, according to an exchange filing.
"This will lead to better supply of our products across all the distribution points in the relevant markets," the company said.
This will also enable Som Distilleries to take advantage of the peak beer consumption season, it said.
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