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E-Malt.com Flash 27a
July 03 - July 05, 2023
Quote of the Week
Words can inspire, thoughts can provoke, but only action truly brings you closer to your dreams.
Brad Sugars
Currency Rates
Base Currency: Euro
on July 05, 2023 |
Base Currency: US Dollar
on July 05, 2023 |
| |
1 EUR = 1.0897 USD
1 EUR = 0.8574 GBP
1 EUR = 1.4416 CAD
1 EUR = 1.6299 AUD
1 EUR = 157.4230 JPY
1 EUR = 5.2461 BRL
1 EUR = 97.7163 RUB
1 EUR = 7.8675 CNY
|
|
1 USD = 0.9176 EUR
1 USD = 0.7868 GBP
1 USD = 1.3230 CAD
1 USD = 1.4957 AUD
1 USD = 144.4620 JPY
1 USD = 4.8145 BRL
1 USD = 89.6770 RUB
1 USD = 7.2202 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 05, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
295.00-297.00 |  2.07% |
| 6RW Malting Barley (FOB Creil) |
276.00-278.00 | 20.43% |
Feed Barley (FOB Creil) |
210.00-212.00 | 5.50% |
| 2RS Malt (FOB Antwerp) |
642.00-644.00 | 1.16% |
| 6RW Malt (FOB Antwerp) |
678.00-680.00 | 1.10% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
287.00-289.00 | 1.05% |
| 6RW Malting Barley (FOB Creil) |
242.00-244.00 | 0.83% |
| 2RS Malt (FOB Antwerp) |
642.00-644.00 | 0.58% |
| 6RW Malt (FOB Antwerp) |
586.50-588.50 | 0.42% |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
France & Australia: United Malt agrees to takeover offer from Malteries Soufflet
...Click here
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USA: Constellation Brands can get beer margins back to 40% without raising prices, analyst says
...Click here
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UK: Budweiser Brewing Group expects 20% increase in beer volume this summer
...Click here
|
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Germany: Production of alcohol-free more than doubles since 2007
...Click here
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EU: European Commission sharply cuts its forecast for this year’s cereals harvests
...Click here
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Ukraine: Ukraine’s 2022-23 barley exports down 52.9%
...Click here
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Asia: Alcohol industry in strong position due to rising demand of premiumisation in APAC - Diageo
...Click here
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Ireland: Diageo invests €25 million into Guinness brewery to ramp up non-alcoholic production
...Click here
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South Korea: Japanese beers outpace other imports in South Korea
...Click here
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Graph of the week
Table of the week
The Number of US Breweries 2010 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 July
1790 - In Paris, the marquis of Condorcet proposed granting civil rights to women
1878 - John Wise flew the first dirigible in Lancaster, PA
1886 - 1st New York Tribune printing using 1st commercial linotype machine
1886 - In Germany, Karl Benz drives 1st automobile
1903 - The first cable across the Pacific Ocean was spliced between Honolulu, Midway, Guam and Manila
1928 - 1st color TV broadcast in London (John Logic Baird)
04 July
1776 - The U.S. declared independence from Great Britain
1876 - 1st public exhibition of electric light in SF
1884 - The Statue of Liberty was presented to the United States in Paris
1886 - 1st scheduled transcontinental passenger train reaches Pt Moody, BC
1952 - Canadain Currency, Mint and Exchange Fund Act allows gold coins of $5, $10, and $20 to be minted
1997 - NASA's Pathfinder space probe lands on the surface of Mars
05 July
1643 - 1st recorded tornado in U.S. (Essex County, Massachusetts)
1841 - Thomas Cook opens 1st travel agency
1922 - 1st general election in Netherlands
1948 - The British government adopts the National Health Service Act
1954 - The BBC broadcasts its first television news bulletin
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)
19 - 21: Warsaw Beer Festival 2023 (Warsaw, Poland)
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)
March 2024:
22 - 24: St Malo Craft Beer Expo 2024 (St Malo, France)
April 2024:
11 - 13: KIBEX 2024 (Seoul, South Korea)
21 - 24: Craft Brewers Conference & BrewExpo America 2024 (Las Vegas, USA)
May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
23 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
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Malt News
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France & Australia: United Malt agrees to takeover offer from Malteries Soufflet
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United Malt Group Ltd said on July 3 it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a branch of
...More info on site
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Brewery News
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USA: Constellation Brands can get beer margins back to 40% without raising prices, analyst says
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Constellation Brands Inc. is poised to get beer margins back to 40% without input cost declines or price hikes, according to Roth MKM analyst
...More info on site
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UK: Budweiser Brewing Group expects 20% increase in beer volume this summer
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Budweiser Brewing Group, which brews some of the UK’s best-loved beers including Budweiser, Stella Artois and Corona, is forecasting the summer months will drive
...More info on site
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Germany: Production of alcohol-free more than doubles since 2007
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Declining alcohol consumption in Germany has been evident for some time in one of Germany's most well-known cultural assets: beer, The Local Germany reported on July 4.
According to the German Brewers' Association, the production of alcohol-free beer varieties in Germany has more than doubled since 2007 to over 670 million litres in 2022.
"We expect that soon every tenth beer brewed in Germany will be alcohol-free," says Holger Eichele, Managing Director of the German Brewers' Association.
Eichele said that the brewing industry has noticed how the image of alcohol-free beers has been changing over the last few years.
"The times when alcohol-free beers were mainly consumed by drivers 20 or 30 years ago are long gone." Today, non-alcoholic beer is no longer perceived as a substitute and consumers often appreciate the "low calorie count" compared to alcoholic beer, he said.
According to the German Brewers' Association, alcohol-free beers have "a long history" in Germany. The German Democratic Republic (GDR) was a pioneer, where brewmaster Ulrich Wappler developed an alcohol-free beer at the "Engelhardt" brewery in Stralau, a district in Berlin's Friedrichshain neighbourhood.
The beer was first introduced to the public in 1972 at the Leipzig Trade Fair under the name 'AuBi' - Autofahrerbier (Driver's
...More info on site
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Ireland: Diageo invests €25 million into Guinness brewery to ramp up non-alcoholic production
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With an unrivalled perch looking out over the heart of Dublin city, a line of six shiny new tanks are standing to attention, towering twenty five metres high over the St James’s Gate Guinness Brewery, The Irish Times reported on July 3.
The more than 260-year-old Guinness brand is owned by global drinks giant Diageo, which has just invested €25 million in the tanks, as well as a new two-storey building, to meet rapidly growing demand for its non-alcoholic offering, Guinness 0.0.
Made in Burgstadt in Germany, shipped into Dublin Port and Garda escorted to the brewery, and with a total capacity of almost 90 million pints, Guinness said the new tanks will ramp up production of the alcohol free stout by 300 per cent.
While the exact process of making Guinness 0.0 is a closely guarded secret developed over four years, it involves a cold filtration system that extracts alcohol from the freshly brewed Guinness that has already made its way through the colossal labyrinth of silver tanks, kettles, and pipes at St James’s Gate.
The new Guinness 0.0 production facility has a total capacity of 500,000 hectolitres, and is a big expansion of production capacity since the non-alcoholic stout launched in the
...More info on site
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South Korea: Japanese beers outpace other imports in South Korea
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Despite a nationwide downturn in beer imports, Japanese brews are doubling their market share in South Korea. Fueled by the success of initiatives like the Sapporo Premium Beer First Bar, a thriving pop-up store in Seoul's Hongdae district, Japanese beers are demonstrating robust growth against the odds, putting pressure on Chinese and Dutch competitors, the EconoTimes reported on July 3.
According to the Korea Customs Service, total beer imports in South Korea declined by 12.5 percent last year, reaching 254 billion won (US$193 million). However, imports of Japanese beer more than doubled during the same period, totaling around 18.8 billion won. From January to May of this year, imports of Japanese beer already achieved 80 percent of last year's level, reaching 14.8 billion won.
Leading brewery Asahi has been expanding its supply chain and introduced the limited-quantity Asahi Superdry Draft Beer Can in May, known for its fully opening top. Because of its enormous appeal, the new product will begin to compete with draft and bottled beer in the entertainment industry in July.
Due to a widespread boycott of Japanese goods and services as a result of a trade dispute, Japanese beer fell to third position in terms of market share in 2019.
...More info on site
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Barley News
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EU: European Commission sharply cuts its forecast for this year’s cereals harvests
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The European Commission on June 29 sharply cut its monthly forecast for this year's cereals harvests in the bloc with usable production of common
...More info on site
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Ukraine: Ukraine’s 2022-23 barley exports down 52.9%
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Despite the occupation of much of its agricultural lands, ongoing Russian naval blockade, and EU restriction on exports, Ukraine has managed to export 48.99 million tons of grain and legumes between July 1, 2022 and June 30, 2023, Ukrainian news agency Interfax-Ukraine reported on July 3, citing government data. Notably, this is 641,000 tons more than in 2021/2022.
In this period, Ukraine grain exports had the following breakdown:
·Wheat: 16.84 million tons (-10.6% compared to the previous year);
·Barley: 2.7 million tons (-52.9%);
·Rye: 18 thousand tons (-88.9%);
·Corn: 29.13 million tons (+24.4%).
Furthermore, in the 2022/2023 marketing year, Ukraine shipped 153.6 thousand tons of flour, which is 2.2 times more than the previous year when the exports stood at 70.7 thousand tons.
Previously, it was reported that the European Commission extended the ban on Ukrainian grain imports to five EU countries until at least Sept. 15.
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Whisky News
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Asia: Alcohol industry in strong position due to rising demand of premiumisation in APAC - Diageo
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Alcohol heavyweight Diageo believes that the rising demand for premiumisation in APAC, and in particular economic growth in China, is placing the category in
...More info on site
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