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E-Malt.com Flash 24b
June 15 - June 18, 2023
Quote of the Week
Life is like riding a bicycle. To keep your balance, you must keep moving.
Albert Einstein
Currency Rates
Base Currency: Euro
on June 16, 2023 |
Base Currency: US Dollar
on June 16, 2023 |
| |
1 EUR = 1.0875 USD
1 EUR = 0.8561 GBP
1 EUR = 1.4451 CAD
1 EUR = 1.5912 AUD
1 EUR = 153.0340 JPY
1 EUR = 5.2333 BRL
1 EUR = 91.1011 RUB
1 EUR = 7.7703 CNY
|
|
1 USD = 0.9194 EUR
1 USD = 0.7871 GBP
1 USD = 1.3288 CAD
1 USD = 1.4629 AUD
1 USD = 140.7100 JPY
1 USD = 4.8121 BRL
1 USD = 83.7691 RUB
1 USD = 7.1450 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 16, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
302.00-304.00 |  1.00% |
| 6RW Malting Barley (FOB Creil) |
251.00-253.00 |  1.18% |
Feed Barley (FOB Creil) |
211.00-213.00 | 0.93% |
| 2RS Malt (FOB Antwerp) |
650.50-652.50 | 0.57% |
| 6RW Malt (FOB Antwerp) |
686.50-688.50 | 0.54% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
294.00-296.00 |  |
| 6RW Malting Barley (FOB Creil) |
249.00-251.00 | 1.96% |
| 2RS Malt (FOB Antwerp) |
650.50-652.50 | |
| 6RW Malt (FOB Antwerp) |
595.00-597.00 | 1.02% |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
249.00-251.00 | 0.69% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Total grains ending stocks forecast to drop to a nine-year low
...Click here
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EU: Strategie Grains lowers forecast for this year’s wheat, barley, maize crops
...Click here
|
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Australia: Barley crop forecast is down due to expected El Nino impact
...Click here
|
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Argentina: Barley crop forecast stays at 4.25 mln tonnes
...Click here
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Australia & China: Australia expects 'favourable decision' from China on barley tariffs
...Click here
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USA & Germany: Latest hops acreage data from US, Germany show world hop acreage will decline less than expected
...Click here
|
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USA: US hop acreage estimated to be down 8% down from last year’s
...Click here
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France: Dry and hot weather causing concern for spring crops in France
...Click here
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Cameroon: Global brewers increasingly interested in sorghum market possibilities
...Click here
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Graph of the week
Table of the week
Czech Republic's Malt Production, Exports, and Imports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 June
1762 - Austria uses 1st paper currency
1909 - 1st U.S. airplane sold commercially, by Glenn Curtiss for $5,000
1949 - Gas turbine-electric locomotive demonstrated, Erie Pa
1954 - UEFA (Union of European Football Associations) is formed in Basel, Switzerland
16 June
1903 - Pepsi Cola Company forms
1903 - Ford Motors incorporates
1911 - IBM founded as the Computing-Tabulating-Recording Company in Endicott, New York
1963 - 1st woman in space, aboard Vostok 6
1983 - European Space Agency launches European Comm Satellite 1, Oscar 10
17 June
1885 - Statue of Liberty arrived in New York City
1970 - Edwin Land patents Polaroid camera
1988 - Microsoft releases MS DOS 4.0
18 June
1840 - Samuel Morse patents his telegraph
1943 - Congress of Racial Equality (CORE) founded
1948 - .N. Commission on Human Rights adopts International Declaration of Human Rights
2009 - The Lunar Reconnaissance Orbiter (LRO), a NASA robotic spacecraft is launched
Agenda
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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Cameroon: Global brewers increasingly interested in sorghum market possibilities
|
Nigeria has an opportunity to profit from the multi-billion dollar sorghum market as global beer makers are canvassing the increased use of sorghum for brewing, the Business Day reported on June 16.
According to VLB Berlin, a German-based educational institution in the global brew industry, European brewers are looking for more sustainable, affordable, and versatile brewing ingredients and sorghum is becoming an increasingly popular choice compared to barley.
“There is a growing demand for sorghum compared to barley due to reasons such as sustainability, affordability, unique flavour, and growing demand for gluten-free beer,” Billy Zafack, industrial manager at Castel Group, the largest French wine producer told BusinessDay.
He added, “Sorghum is a drought-resistant crop that can be grown in different climates, making it a more sustainable option than barley, the traditional brewing ingredient. Sorghum requires less water and fertiliser than barley, and it is less susceptible to pests and diseases”.
Jens Eiken, global product manager, the beer division of International Flavors & Fragrances, said the cost of sorghum is lower than the cost of barley, which can help brewers to keep their prices low.
“Sorghum has a unique flavour that can be used to create different types of beer. Sorghum beers can have a sweeter,
...More info on site
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Barley News
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World: Total grains ending stocks forecast to drop to a nine-year low
|
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The International Grains Council (IGC) during its annual meeting in London this week discussed its latest global crop forecast, projecting record soybean and rice
...More info on site
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EU: Strategie Grains lowers forecast for this year’s wheat, barley, maize crops
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Strategie Grains has lowered its monthly forecasts for this year's European Union wheat, barley and maize crops because of adverse weather, including dryness in
...More info on site
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Australia: Barley crop forecast is down due to expected El Nino impact
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Rain has been received across most of Australia’s key barley regions, and this improves early crop development, RMI Analytics said in their early June
...More info on site
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Argentina: Barley crop forecast stays at 4.25 mln tonnes
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Further moisture relief across Buenos Aires and Santa Fe provinces has been reported, however, further west (Cordoba and La Pampa) missed most of this
...More info on site
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Australia & China: Australia expects 'favourable decision' from China on barley tariffs
|
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Australia is expecting a positive decision over the next two weeks from China to fully settle a dispute over barley tariffs, Trade Minister Don
...More info on site
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France: Dry and hot weather causing concern for spring crops in France
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The impact of dry and hot weather in many parts of France this month is causing concern for spring crops such as maize and sunflower seed, but rainfall forecast next week will likely be helpful, farm office FranceAgriMer said on June 15.
On the other hand winter crops, which are near harvesting, have less suffered from the harsh weather and the yield potential remains quite high, Benoit Pietrement, a crop farmer and head of FranceAgriMer's grain committee, also said.
"For grains in the large (producing) regions, the potential is still there for winter crops. We are far more worried for spring crops," he told reporters.
Winter wheat and barley crops grown in deep soils should see high yields, while superficial soils will be more affected by the dry weather.
Pietrement's comments on winter crops echoed those by crop institute Arvalis to Reuters on June 14.
Dry, warm conditions across northern Europe, including major grain belts in the north of France, have caused concern in international markets as summer harvesting approaches.
After one month of dry weather, weather forecaster Meteo France expects rainfall from Monday to Friday in large grain-producing regions.
"In the current situation any water is very positive. Of course for those who have started harvesting
...More info on site
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Hops News
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USA & Germany: Latest hops acreage data from US, Germany show world hop acreage will decline less than expected
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The official acreage data for the major hop growing countries USA and Germany have been published recently. According to these, world hop acreage will
...More info on site
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USA: US hop acreage estimated to be down 8% down from last year’s
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United States hop acreage strung for harvest in 2023 is forecast at 54,718 acres, down 8 percent from last year’s total of 59,785 acres,
...More info on site
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