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E-Malt.com Flash 28b
July 13 - July 16, 2023
Quote of the Week
You don't need to see the whole staircase, just take the first step.
Martin Luther King Jr.
Currency Rates
Base Currency: Euro
on July 14, 2023 |
Base Currency: US Dollar
on July 14, 2023 |
| |
1 EUR = 1.1179 USD
1 EUR = 0.8553 GBP
1 EUR = 1.4695 CAD
1 EUR = 1.6313 AUD
1 EUR = 154.6210 JPY
1 EUR = 5.3745 BRL
1 EUR = 100.9420 RUB
1 EUR = 8.0028 CNY
|
|
1 USD = 0.8944 EUR
1 USD = 0.7651 GBP
1 USD = 1.3146 CAD
1 USD = 1.4591 AUD
1 USD = 138.3040 JPY
1 USD = 4.8078 BRL
1 USD = 90.0950 RUB
1 USD = 7.1590 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 14, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
290.00-292.00 |  |
| 6RW Malting Barley (FOB Creil) |
231.00-233.00 | |
Feed Barley (FOB Creil) |
211.00-213.00 | |
| 2RS Malt (FOB Antwerp) |
635.50-637.50 | |
| 6RW Malt (FOB Antwerp) |
671.50-673.50 | |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
284.00-286.00 | |
| 6RW Malting Barley (FOB Creil) |
239.00-241.00 | |
| 2RS Malt (FOB Antwerp) |
638.50-640.50 | |
| 6RW Malt (FOB Antwerp) |
583.00-585.00 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
275.00-277.00 | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
Belgium: Brewer Alken-Maes to invest in reducing carbon emissions of its Albert malting plant
...Click here
|
World: Goldman Sachs analysts bullish on Heineken for first time in three years
...Click here
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USA: Domestic tax paid beer shipments decrease 7.7% in May
...Click here
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World: Barley trade, production forecasts reduced in USDA’s July report
...Click here
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North America: Concern mounting over barley crop due to hot and dry conditions
...Click here
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EU: Strategie Grains cut its soft wheat, barley outlooks again
...Click here
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Australia: Weather continues to be favourable across Australia’s key barley regions
...Click here
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Germany: Wheat, barley harvests to drop this year because of dry weather
...Click here
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Argentina: Barley seeding slowed by rains but forecast for crop of 4.25 mln tonnes remains attainable
...Click here
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World: Hops planted area set to decline further in 2023
...Click here
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India: Bira 91 reveals plans for premium Indian beer
...Click here
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South Korea: HiteJinro’s new beer Kelly sells 100 mln bottles in its first 99 days on the market
...Click here
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Graph of the week
Table of the week
Belgium Malt Exports 2018 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
13 July
1568 - Dean of St. Paul's Cathedral perfects a way to bottle beer
1852 - Wells, Fargo & Co. is founded by Henry Wells and William G. Fargo
1898 - Guglielmo Marconi patents radio
14 July
1850 - 1st public demonstration of ice made by refrigeration
1853 - of the first major US world's fair, the Exhibition of the Industry of All Nations in New York City
1857 - Maytag invented the washing machine
1959 - 1st atomic powered cruiser, Long Beach, Quincy Massachusetts
1969 - The United States $500, $1,000, $5,000 and $10,000 bills are officially withdrawn from circulation
15 July
1783 - 1st steamboat, Pyroscaphe, 1st run in France
1869 - Margarine is patented in France by Hippolyte Mege Mouries of Paris
1954 - The first commercial jet transport airplane built in US is tested (Boeing 707)
2003 - AOL Time Warner disbands Netscape. The Mozilla Foundation is established on the same day
2006 - Twitter is launched, becoming one of the largest social media platforms in the world
16 July
1661 - 1st banknotes in Europe were issued by Bank of Stockholm
1935 - 1st automatic parking meter in US installed, Oklahoma City
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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Belgium: Brewer Alken-Maes to invest in reducing carbon emissions of its Albert malting plant
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Brewer Alken-Maes, part of the Heineken group, will invest €41 million in its Albert malting plant in Puurs-Sint-Amands (Antwerp province) to reduce the site's
...More info on site
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Brewery News
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World: Goldman Sachs analysts bullish on Heineken for first time in three years
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For the first time in three years, Goldman Sachs Group Inc. analysts say it’s time to buy shares of Heineken NV, Bloomberg reported
...More info on site
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USA: Domestic tax paid beer shipments decrease 7.7% in May
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Last week, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for May 2023.
The May 2023 estimate is 13,300,000 barrels — a decrease of 7.7 percent compared to May 2022 removals of 14,415,915.
The June 2023 domestic tax paid estimate is scheduled to be released on August 9.
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India: Bira 91 reveals plans for premium Indian beer
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Delhi-headquartered brewery Bira 91 has detailed how consumer demands for ‘healthier and more experimental’ products are guiding its innovation strategy, while also revealing its plans for a ‘premium’ Indian beer, the Food Navigator Asia reported on July 12.
It recently received funding of USD$10m Japan’s MUFG bank and USD$70m from brewery giant Kirin, which will be channelled towards expanding its production capacity and distribution networks domestically and globally.
Its founder and CEO, Ankur Jain, said that its partnership with Kirin extends beyond funding to capitalise on Kirin’s industry expertise to both “premiumize Indian beer through innovation” and “drive sustainability in the industry.”
On the sustainability agenda, it has been working with Kirin for the last 18months to localise its manufacturing and innovation, as it aims to become India’s first net zero beer brand by 2025. It recently established the B9-Kirin Centre for Sustainable Growth in New Delhi and a net zero brewery in Mysuru.
Since 2019, the company reported a six-fold increase in its production capacity. It recently acquired a new manufacturing facility in Uttar Pradesh that will commence operations in 2024.
Additionally, it is headlining partnerships within India’s most popular sport – cricket, launching limited-edition beers and merchandise during Indian Premier League (IPL).
Its taprooms
...More info on site
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South Korea: HiteJinro’s new beer Kelly sells 100 mln bottles in its first 99 days on the market
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HiteJinro’s new beer brand Kelly sold 100 million bottles in 99 days since its market debut in April, according to the nation’s top beverage company on July 12.
Some 3.3 million boxes of Kelly, HiteJinro’s sixth beer brand and the first lager beer, were sold as of July 11.
The company said the upbeat sales figure equates to 11.7 beers sold every second or 2.3 beers consumed by one person among the total population that is of legal drinking age.
Kelly also set a record with hitting the 100 million mark over the shortest period among the local beer brands. The previous record was owned by Terra, another HiteJinro beer that debuted in 2019.
Kelly's release has buoyed sales of the company's other beer brands. In June, HiteJinro’s beer sales increased by 33 percent compared to sales records from March this year before Kelly was launched. Sales records in the second quarter of this year also went up by 12 percent.
Consumers’ responses at major supermarkets also contributed to Kelly’s rapid growth in sales. According to two major supermarkets' sales data in June, HiteJinro’s market share of domestic beer sales was about 49.6 percent on average, which is an increase of about 7 percent since
...More info on site
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Cyprus: June beer deliveries decline by 16.9%
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Total beer deliveries in Cyprus experienced a significant decline of 16.9 per cent in June 2023, compared to June 2022, according to data released by the Statistical Service on July 12.
However, the increase in beer exports somewhat mitigated the decrease in overall beer deliveries.
Specifically, beer deliveries from breweries amounted to 4,512,414 litres in June, compared to 5,428,911 litres in the same month last year.
Domestic beer deliveries decreased by 19.4 per cent in June 2023, compared to June 2022. In contrast, beer deliveries for exports saw a significant increase of 30.5 per cent.
In terms of litres, beer deliveries for domestic consumption reached 4,149,416 litres in June, down from 5,150,652 litres in June of the previous year.
On the other hand, beer deliveries for exports increased to 362,998 litres compared to 278,259 litres in June 2022.
On a monthly basis, beer deliveries showed a slight increase of 231,132 litres, marking a drop of 5.4 per cent.
The decrease in beer deliveries for domestic consumption suggests a potential decline in local demand, which could be influenced by various factors such as changes in consumer preferences and economic conditions.
However, the growth in beer exports indicates a positive trend for international demand.
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Barley News
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World: Barley trade, production forecasts reduced in USDA’s July report
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World barley trade forecast for 2023-24 is slightly down, at 27.171 mln tonnes this month, versus 27.671 mln in USDA’s June report.
The forecast for
...More info on site
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North America: Concern mounting over barley crop due to hot and dry conditions
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Concern is mounting regarding the US and Canadian barley crops due to hot and dry conditions and despite recent rains, RMI Analytics said in
...More info on site
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EU: Strategie Grains cut its soft wheat, barley outlooks again
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Dry weather in Spain and southeast Europe is hampering wheat and barley production, with this year's harvest outlook now looking worse than previously expected.
Strategie
...More info on site
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Australia: Weather continues to be favourable across Australia’s key barley regions
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Weather continues to be favourable across all of Australia’s key barley regions, with New South Wales remaining a watch-out area as it has received
...More info on site
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Germany: Wheat, barley harvests to drop this year because of dry weather
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Germany’s 2023 wheat harvest will fall 3.2% on the year to 21.79 million metric tons, the country’s association of farm cooperatives said on July
...More info on site
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Argentina: Barley seeding slowed by rains but forecast for crop of 4.25 mln tonnes remains attainable
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Over the past two weeks, crop 2023 seeding has been slowed by persistent rains across southern Buenos Aires province, causing delays in the planting
...More info on site
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Hops News
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World: Hops planted area set to decline further in 2023
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Global hops planted area is set to decline further in 2023 (-3.8% globally) continuing a downtrend from the peak hops area in 2021, as
...More info on site
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