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E-Malt.com Flash 21b
May 25 - May 28, 2023
Quote of the Week
If you want to fly, give up everything that weighs you down.
Buddha
Currency Rates
Base Currency: Euro
on May 26, 2023 |
Base Currency: US Dollar
on May 26, 2023 |
| |
1 EUR = 1.0728 USD
1 EUR = 0.8693 GBP
1 EUR = 1.4608 CAD
1 EUR = 1.6456 AUD
1 EUR = 149.8830 JPY
1 EUR = 5.3504 BRL
1 EUR = 85.8290 RUB
1 EUR = 7.5846 CNY
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|
1 USD = 0.9320 EUR
1 USD = 0.8102 GBP
1 USD = 1.3616 CAD
1 USD = 1.5337 AUD
1 USD = 139.6990 JPY
1 USD = 4.9871 BRL
1 USD = 80.0022 RUB
1 USD = 7.0697 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 26, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
249.00-251.00 |  |
| 6RW Malting Barley (FOB Creil) |
214.00-216.00 | |
| Feed Barley (FOB Creil) |
202.00-204.00 | |
| 2RS Malt (FOB Antwerp) |
589.00-591.00 | |
| 6RW Malt (FOB Antwerp) |
546.00-548.00 | |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
262.00-264.00 | |
| 6RW Malting Barley (FOB Creil) |
242.00-244.00 | |
| 2RS Malt (FOB Antwerp) |
601.00-603.00 | |
| 6RW Malt (FOB Antwerp) |
637.00-639.00 | |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
252.50-254.50 |  3.80% |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
South Korea: Oriental Brewery still market leader despite HiteJinro’s efforts to dethrone it
...Click here
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Cameroon: Diageo completes sale of Guinness Cameroon to Castel Group
...Click here
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USA: Beer industry 'in shock' over continuing Bud Light boycott
...Click here
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Canada: 2022-23 barley supplies up sharply from last year’s record low
...Click here
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Argentina: Heavy rains improve wheat and barley crop prospects
...Click here
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EU: Barley exports remain slow during week ending May 22
...Click here
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Belgium & the Netherlands: Three Trappist Westvleteren beers to become available in independent Dutch liquor stores to tackle illegal resale
...Click here
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Graph of the week
Table of the week
North America's Barley Imports, Production, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 May
1915 - Thomas Edison invents telescribe to record telephone conversations
1953 - Nuclear testing: At the Nevada Test Site, the United States conduct their first and only nuclear artillery test
1954 - IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour
1960 - 1 millionth Dutch telephone installed
1966 - Explorer program: Explorer 32 launches
26 May
1781 - Bank of North America incorporates in Philadelphia
1896 - Dow Jones begins an index of 12 industrial stocks (closing is 40.94)
1986 - The European Community adopts the European flag
27 May
1895 - British inventor Birt Acres patents film camera/projector
1952 - European Defense Community forms
1969 - Walt Disney World construction begins
28 May
1783 - Benjamin Tower of Philadelphia publishes 1st daily newspaper in U.S.
1849 - Patent for lifting vessels granted to Abraham Lincoln
1863 - Georg Adler, German state economist is born
1958 - Cuban Revolution
Agenda
May 2023:
24 - 25: 34d International VLB Craft Brewing Conference (Online)
26 - 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)
12 - 13: IGC Grains Conference 2023 (London, UK)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
August 2023:
01 - 05: Great British Beer Festival 2023 (London, UK)
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:
04 - 06: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
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:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)
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Brewery News
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South Korea: Oriental Brewery still market leader despite HiteJinro’s efforts to dethrone it
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South Korea’s top liquor maker HiteJinro Co. launched its new beer Kelly last month and has been aggressively carrying out promotions, but it has not been able to bring about a seismic change in the industry, the Pulse News Korea reported on May 26.
According to market research firm Nielsen IQ Korea and industry sources on May 25, Oriental Brewery (OB) Co. accounted for 53.9 percent of the country’s household beer market in April, slightly down from 54.2 percent in March.
Its rival HiteJinro that launched a new lager last month accounted for 24.3 percent in April, up by a marginal 0.4 percentage point from 23.9 percent in March.
By individual beer brand, OB’s Cass Fresh dominated the market with a commanding share of 42.6 percent, followed by HiteJinro’s Terra with about 20 percent. Lotte Chilsung Beverage Co.’s Kloud took up about 5 percent and Kelly captured a modest share of about 3 percent.
OB continued its market leadership in April, demonstrating a gap of more than twice that of the second-ranked competitor in the household beer market, said an official from OB.
HiteJinro had maintained its leading position in the domestic market with its Hite beer brand until 2012 before giving away its place
...More info on site
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Cameroon: Diageo completes sale of Guinness Cameroon to Castel Group
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Diageo announced on May 26 that it has completed the sale of Guinness Cameroon S.A., its brewery in Cameroon, to Castel Group. The sale was announced on 14 July 2022.
Castel will take over the production and nationwide distribution of Guinness in Cameroon under a licence and royalty agreement reflecting Diageo’s efficient and flexible beer operating model.
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USA: Beer industry 'in shock' over continuing Bud Light boycott
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The entire beer industry is floored that Bud Light is still taking heat over its now-infamous promo with transgender influencer Dylan Mulvaney and the
...More info on site
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Belgium & the Netherlands: Three Trappist Westvleteren beers to become available in independent Dutch liquor stores to tackle illegal resale
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Belgian monks have responded to Trappist beers being illegally resold at high prices by making changes to how their beers are obtained, The Drinks Business reported on May 25.
After discovering their beers were being legally resold at inflated prices in other countries, the brothers of Belgium’s Saint-Sixtus Abbey have made moves to remind people that Trappist beer is not brewed for the benefit of profiteers.
Until now, the sale of Trappist beer from Saint-Sixtus Abbey has been strictly regulated and has previously only truly been available to private individuals able to collect their orders at the abbey door or a nearby visitor centre. Back in 2021, the abbey initially trialled a pilot home delivery project, taking orders of a maximum of one crate of beer to customers with an address in Belgium, but it was not enough to quell demand and profiteering rackets have pushed the abbey to adapt its rules for a trial period of a year to try to stamp out illegal sales.
To tackle the issue, this week, the abbey revealed plans for its three beers — Trappist Westvleteren Blond, Trappist Westvleteren VIII, and Trappist Westvleteren XII — to be sold in independent Dutch liquor stores for a year
...More info on site
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Barley News
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Canada: 2022-23 barley supplies up sharply from last year’s record low
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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 7.92 Mt, Agriculture and
...More info on site
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Argentina: Heavy rains improve wheat and barley crop prospects
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Heavy rains in recent days in key agricultural areas have buoyed the outlook for Argentina’s 2023-24 wheat and barley crops, even as the much-needed
...More info on site
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EU: Barley exports remain slow during week ending May 22
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Barley exports from the EU during the week ending May 22 remained slow at 6,214 tonnes, according to the current data, bringing the total for the marketing year to date to 5.82 million tonnes, down 15% year on year, Fastmarkets reported on May 24.
Denmark again led exports of barley at 4,867 tonnes, accounting for 78% of all barley exports from the EU, followed by France with 591 tonnes exported and Germany with 309 tonnes.
Since the beginning of the new marketing year, China has purchased 2.07 million tonnes of barley from the EU, a 36% share of total yearly purchases.
Saudi Arabia has booked 1.16 million tonnes of EU barley, Jordan 465,549 tonnes, and Tunisia 380,900 tonnes.
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