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E-Malt.com Flash 23b
June 08 - June 11, 2023
Quote of the Week
Quaintest thoughts, queerest fancies come to life and fade away. What care I how time advances; I am drinking ale today.
Edgar Allan Poe
Currency Rates
Base Currency: Euro
on June 09, 2023 |
Base Currency: US Dollar
on June 09, 2023 |
| |
1 EUR = 1.0744 USD
1 EUR = 0.8596 GBP
1 EUR = 1.4350 CAD
1 EUR = 1.6060 AUD
1 EUR = 149.7940 JPY
1 EUR = 5.2883 BRL
1 EUR = 88.0154 RUB
1 EUR = 7.6527 CNY
|
|
1 USD = 0.9306 EUR
1 USD = 0.8000 GBP
1 USD = 1.3356 CAD
1 USD = 1.4945 AUD
1 USD = 139.4110 JPY
1 USD = 4.9220 BRL
1 USD = 81.9191 RUB
1 USD = 7.1227 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 09, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
285.00-287.00 |  2.14% |
| 6RW Malting Barley (FOB Creil) |
249.00-251.00 |  |
Feed Barley (FOB Creil) |
213.00-215.00 | 0.47% |
| 2RS Malt (FOB Antwerp) |
629.50-631.50 | 1.18% |
| 6RW Malt (FOB Antwerp) |
665.50-667.50 | 1.12% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
287.00-289.00 | 2.13% |
| 6RW Malting Barley (FOB Creil) |
251.00-253.00 | |
| 2RS Malt (FOB Antwerp) |
642.00-644.00 | 1.16% |
| 6RW Malt (FOB Antwerp) |
597.50-599.50 | |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
247.00-249.00 |  0.88% |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
Western Europe: Western Europe expected to expand its malting capacity, maintain exports stable
...Click here
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USA: Beer shipments to wholesalers decline in January-April and in April alone
...Click here
|
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The Philippines: San Miguel Food and Beverage expects to sustain its growth momentum in the second half of the year
...Click here
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Estonia: Beer consumption declines in 2022 in Estonia
...Click here
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World: French barley prices bounce higher triggered by weather concern in Denmark
...Click here
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EU & UK: Barley prices up sharply as Scandinavia dryness concerns are mounting
...Click here
|
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The Netherlands: Popular Utrecht brewery goes bankrupt, but there seems to be a chance for restart
...Click here
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Graph of the week
Table of the week
Spain Beer Production 2018 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
08 June
1824 - Washing machine patented by Noah Cushing of Quebec
1916 - Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 - Tim Berners-Lee, future inventor of the World Wide Web, is born in London
09 June
1822 - Charles Graham patents false teeth
1869 - Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1959 - The USS George Washington is launched. It is the first submarine to carry ballistic missiles
1994 - Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
10 June
1977 - Apple Computer ships its 1st Apple II
1994 - Biggest European clock ever (9100 kg/(237) 2.5 m) at Aarle-Rixtel
1996 - Intel releases 200 mhz pentium chip
2002 - The first direct electronic communication experiment between the nervous systems of two humans is carried out by Kevin Warwick in the United Kingdom
11 June
1644 - Florentine scientist describe invention of barometer
1742 - Benjamin Franklin invents his Franklin stove
1816 - Gas Light Co of Baltimore founded
1998 - Compaq Computer pays US$9 billion for Digital Equipment Corporation in the largest high-tech acquisition
Agenda
June 2023:
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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Malt News
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Western Europe: Western Europe expected to expand its malting capacity, maintain exports stable
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Western Europe produces just over 15% of the world’s total beer output which ranks the region in the 3rd place after Asia and North
...More info on site
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Brewery News
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USA: Beer shipments to wholesalers decline in January-April and in April alone
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An estimated 15.9 million barrels of beer and malt products were shipped to wholesalers in April, a -4.5% decline (or -741,163 barrels of beer)
...More info on site
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The Philippines: San Miguel Food and Beverage expects to sustain its growth momentum in the second half of the year
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San Miguel Food and Beverage Inc. (SMFB), the listed food and beverage company of conglomerate San Miguel Corp., expects to sustain its growth momentum
...More info on site
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Estonia: Beer consumption declines in 2022 in Estonia
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In 2022, Estonian residents consumed an average of 11.2 litres of alcoholic beverages per adult calculated as absolute alcohol, according to a study commissioned
...More info on site
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UK: BrewDog reports operating loss of £24 mln
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BrewDog has reported an operating loss of £24m in its latest trading update, but its founder retains “unshakeable confidence” in the Scottish brewery, The Morning Advertiser reported on June 9.
The Scottish brewer reported “record-breaking” revenues of £320m in 2022, up 13% from 2021 in a UK beer market which was down 12%.
However, there was also the multi-million-pound operating loss paired with the adjusted EBITDA of £600,000, which BrewDog founder James Watt attributes to the cost of investing in the brand, its people and its bars, alongside the “devastating” increase in input costs.
Q1 2023 sales were up 20% versus 2022, and BrewDog was ranked the world’s 14th most valuable beer brand by Brand Finance, overtaking Carlsberg for the first time.
BrewDog is the only UK beer brand ranked in the top 50, and has five of the Top 30 fastest growing beer brands in the UK, including Lost Lager, which is also the UK’s fastest growing craft beer brand.
The brewery also launched BrewDog Blueprint, setting out new crew rewards with 5% of the company being issued in shares to crew members, directly from Watt’s personal shareholding.
It also completed the construction a new £12m on-site bio-energy plant in Ellon, now in ramp up
...More info on site
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World: AB InBev renews its FIFA contract
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Anheuser-Busch InBev is renewing its FIFA contract until 2026, according to the Associated Press. Budweiser will remain the official World Cup beer going into the soccer league’s upcoming international tournaments, VinePair reported on June 9.
Prior to the 2022 World Cup outside of Doha, Qatar last November, organizers changed alcohol restrictions at eight participating stadiums to prohibit beer sales within the venue. The highly-publicized policy reversal was announced a mere two days before the tournament’s kick-off.
FIFA reportedly was unable to intervene on behalf of Budweiser and other alcohol sponsors, per the Associated Press. However, FIFA president Gianni Infantini confirmed last November that the league still maintained a positive relationship with the brewer.
Under the renewed contract, AB InBev will be the official beverage sponsor of the FIFA Women’s World Cup later this year and FIFA World Cup 2026, as noted in a June 8 press release.
“As one of our longest standing sponsors, AB InBev’s investment will benefit the game, as well as football development all over the world, while bringing creativity and excitement to the experience that football fans will have during our most iconic tournaments,” FIFA chief business officer Romy Gai says in the release.
Financial terms of the contract renewal were
...More info on site
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The Netherlands: Popular Utrecht brewery goes bankrupt, but there seems to be a chance for restart
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De Leckere was declared bankrupt on June 8. The popular Utrecht brewery buckled under a delayed relocation that ended up happening shortly before the pandemic, labor shortages, and increasingly expensive raw materials. But there is a lot of enthusiasm for a restart, bankruptcy administrator Aniek Gielen told RTL Nieuws.
The bankruptcy only affects the brewery, not the cafe under the same name.
De Leckere, founded in Utrecht in 1997, achieved a turnover of almost 6 million euros last year. It describes itself as “the most sustainable brewery in the Netherlands,” making organic beers without using fossil fuels.
The brewery moved from Utrecht to nearby De Meern in 2001 because it could brew more beer at the new location. The demand for De Leckere beers continued to grow, and in 2018, the brewer moved back to Utrecht to an even larger brewery in the Werkspoorfabriek.
In retrospect, that move laid the foundation for the bankruptcy. It was delayed several times and ended up more expensive than expected, the directors told Gielen. The move may have worked out, but just over a year later, the coronavirus pandemic struck. For the next two years, catering establishments were forced to close several times during lockdowns, taking away De
...More info on site
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Barley News
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World: French barley prices bounce higher triggered by weather concern in Denmark
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After a persistent decline in barley prices there was a question raised as to when the price trend would be broken. Now, triggered by
...More info on site
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EU & UK: Barley prices up sharply as Scandinavia dryness concerns are mounting
|
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EU barley prices are up sharply as dryness concerns in Scandinavia are mounting, and a lack of rain in France may impact the final
...More info on site
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