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E-Malt.com NewsLetter

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes



Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




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E-Malt.com Flash 32b
August 10 - August 13, 2023


Quote of the Week

Beer is a wholesome liquor... it abounds with nourishment.
Dr. Benjamin Rush

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Currency Rates


Base Currency: Euro
on August 11, 2023
Base Currency: US Dollar
on August 11, 2023
      1 EUR = 1.0998 USD
1 EUR = 0.8644 GBP
1 EUR = 1.4753 CAD
1 EUR = 1.6804 AUD
1 EUR = 158.5740 JPY
1 EUR = 5.3728 BRL
1 EUR = 106.8370 RUB
1 EUR = 7.9234 CNY
      1 USD = 0.9092 EUR
1 USD = 0.7860 GBP
1 USD = 1.3414 CAD
1 USD = 1.5278 AUD
1 USD = 144.1740 JPY
1 USD = 4.8854 BRL
1 USD = 97.1452 RUB
1 USD = 7.2046 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


August 11, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 324.00-326.00 up0.62%
6RW Malting Barley (FOB Creil) 244.00-246.00 up1.66%
Feed Barley (FOB Creil) 207.00-209.00 -
2RS Malt (FOB Antwerp) 677.50-679.50 up0.36%
6RW Malt (FOB Antwerp) 713.50-715.50 up0.35%
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 301.00-303.00 up2.03%
6RW Malting Barley (FOB Creil) 249.00-251.00 up0.81%
2RS Malt (FOB Antwerp) 659.00-661.00 up1.13%
6RW Malt (FOB Antwerp) 595.00-597.00 up0.41%
German Malting Barley
Crop 2023
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 306.50-308.50 up3.49%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news USA: January-June beer shipments down 5.9% vs last year ...Click here
Brewery news Singapore & Thailand & Vietnam: ThaiBev sees beer division’s revenue increase slightly, sales volume drop 5.2% in nine months to June 2023 ...Click here
Brewery news Japan: Suntory, Asahi post higher profits for the first half of this year ...Click here
Brewery news USA: Midyear 2023 craft beer market shows 2% decline ...Click here
Brewery news Chile: Compania Cervecerias Unidas reports loss in Q2 2023 ...Click here

Barley news World: Malting barley market starting to forge its independent price direction - analysts ...Click here
Barley news World: Barley crop, trade, consumption forecasts reduced in USDA’s August report ...Click here
Barley news EU: Barley, soft wheat, exports decrease in 2023/24 ...Click here
Barley news EU & UK: Malting barley premium widens further on concern about two-row barley crops ...Click here


More Industry News


Barley news Australia: Malting barley exports drop by 25% in June this year ...Click here
Barley news France: Barley harvest makes little progress as northern France experiences more wet weather ...Click here
Barley news Australia & China: Australia’s two largest barley producers cleared to export to China ...Click here
Barley news Ukraine: Analysts increase barley, corn, wheat crop forecasts on stronger than expected yields ...Click here

Graph of the week



Table of the week

Italy Malt Production and Import 2010 - 2022


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


10 August
1500 - Diego Diaz discovers Madagascar
1793 - The Musee du Louvre is officially opened in Paris, France
1961 - England applies for membership in the European Common Market
1981 - Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 - UN estimates Asia's population hit 3 billion

11 August
1909 - SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1992 - The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota

12 August
1856 - Anthony Fass patents accordion
1877 - Thomas Edison invents Edisonphone, a sound recording device
1960 - Echo 1, 1st communications satellite, is launched
1981 - The IBM Personal Computer is released

13 August
1623 - Cardinal Richelieu appointed Chief Minister of France by Louis XIII
1907 - 1st taxicab in New York
1961 - Construction on Berlin Wall begins in East Germany (Dark day)

Agenda

August 2023:
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)
08 - 09: Stockholm Beer & Whisky Festival 2023 (Stockholm, Sweden)
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)
11 - 15: Mondial de la Biere Rio 2023 (Rio de Janeiro, Brazil)
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:
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
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)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery news USA: January-June beer shipments down 5.9% vs last year
The Beer Institute on August 9 published an unofficial estimate of domestic tax paid shipments by beer brewers for June 2023.

The June 2023 estimate is 15,100,000 barrels, a decrease of 6.4% compared to June 2022 removals of 16,136,260.

The January-June shipments are reported at 77,155,792 barrels, down 5.9% from the same period last year.

The July 2023 domestic tax paid estimate is scheduled to be released on September 7, 2023.


Brewery newsSingapore & Thailand & Vietnam: ThaiBev sees beer division’s revenue increase slightly, sales volume drop 5.2% in nine months to June 2023
Thai Beverage Public Company has reported a slight increase in its revenue for the nine months ended June. However, higher operating costs, specifically for ...More info on site


Brewery newsJapan: Suntory, Asahi post higher profits for the first half of this year
Japanese brewers Suntory Holdings Ltd. and Asahi Group Holdings Ltd. posted higher profits for the first half of this year as rising sales and ...More info on site


Brewery news USA: Midyear 2023 craft beer market shows 2% decline
The Brewers Association (BA), the trade organization representing small and independent American craft brewers, on August 10 released results from its midyear survey, shedding light on the state of the craft beer industry and indicating optimism for the second half of the year.

Midyear 2023 survey results are on par with 2022 annual trends, with the industry leveling out after years of growth followed by two years of a unique market due to COVID-19. Indicative of a maturing era for the craft beer industry, the survey reveals a low single-digit decline of -2% in the market. From a competitive distribution market and rising costs, to changing consumer preferences and supply chain disruptions, the craft brewing industry has radically grown and shifted over recent decades, with that change only accelerating in recent years.

In breaking down the distribution channels, according to Circana scan data, independent craft packaged sales were down -3% year-over-year (YoY) but have improved since the first quarter of 2023 when they were down -9%. Distributors and retailers have been reducing their focus on distributed craft and searching for growth in other pockets, but there are signs that the worst reductions may be in the past.

Reported at-the-brewery sales were healthier than ...More info on site


Brewery newsChile: Compania Cervecerias Unidas reports loss in Q2 2023
Compania Cervecerias Unidas (CCU) on August 10 reported a loss of $5.1 million in its second quarter, the Washington Post reported on August 11.

The ...More info on site



BarleyBarley News Barley


Barley newsWorld: Malting barley market starting to forge its independent price direction - analysts
The malting barley market is starting to forge an independent market price direction based on a tightening supply situation for quality malting barley, RMI ...More info on site


Barley newsWorld: Barley crop, trade, consumption forecasts reduced in USDA’s August report
World barley trade in 2023/24 is forecast at 26.871 mln tonnes in USDA’s August report, down from 27.171 mln forecast in July and from ...More info on site


Barley newsEU & UK: Malting barley premium widens further on concern about two-row barley crops
Malting barley price direction is split in the EU as the French harvest wraps up putting some downward pressure on six-row, while two-row varieties ...More info on site


Barley newsEU: Barley, soft wheat, exports decrease in 2023/24
EU soft wheat exports so far in the 2023/24 season totaled 2.92 million metric tons as of Aug. 6, down 16% from 3.48 million ...More info on site


Barley news Australia: Malting barley exports drop by 25% in June this year
Australia exported 418,075t of feed barley, 47,807t of malting barley and 395,370t of sorghum in June, according to the latest data from the Australian Bureau of Statistics, the Grain Central reported on August 10.

On feed, the June figure was down 22 percent from the May total of 534,560t, and Saudi Arabia on 184,000t, Japan on 155,090t and Thailand on 32,571t were the three biggest markets.

The malting figure represents a drop of 25pc from the May total of 63,725t, and Mexico on 33,000t, South Korea on 9000t, and Singapore on 2527t were the major markets for June shipments.

On sorghum, volume has dropped 10pc from the May peak of 440,921t.

China on 275,462t accounted for 70pc of June shipments, with 60,000t to Kenya and 30,000t to Sudan the second and third-biggest markets.

Flexi Grain pool manager Sam Roache said the feed barley shipment figure for June shows a continued drift lower in volume to the lowest level seen since January.

Barley exports continued to drift lower for June, with feed barley volume the lightest since January 2023 and malting the lowest since February.

“That was back when everyone thought there was no malt quality around,” Mr Roache said.

“The story of the slow slowdown on exports is ...More info on site


Barley news France: Barley harvest makes little progress as northern France experiences more wet weather
French farmers made little progress harvesting wheat and barley last week as northern regions experienced more wet and cool weather, data from farm office FranceAgriMer showed on August 11.

Farmers had gathered 89% of this year's soft wheat crop by Aug. 7, compared with 87% a week earlier, FranceAgriMer said in a cereal report.

The harvest was lagging both the rapid pace last year, when field work was already complete by the same week, and the average 94% for the same week over the past five years, it said.

After a brisk start to the summer, field work has been held up by heavy rain since late July, raising concern over the milling quality of wheat still to be harvested.

FranceAgriMer this week said that wheat in the northwest was expected to suffer some quality loss, though readings were satisfactory in earlier-harvested crop.

However, drier and warmer conditions from the middle of this week are expected to allow farmers to complete harvesting.

The spring barley harvest hardly advanced last week, with 96% of the crop cut by Aug. 7 against 95% a week earlier.

Farmers completed winter barley and durum wheat harvesting last month.

The wet, mild weather has helped maize, which is harvested later in the year.

Some ...More info on site


Barley news Australia & China: Australia’s two largest barley producers cleared to export to China
CBH Group and Emerald Grain, Australia’s two largest barley producers, have been given approval by the Chinese government to resume barley shipments to China, according to the Australian Associated Press.

Australia’s agriculture minister, Murry Watt, confirmed on Aug. 9 that both would be reinstated as registered exporters. The two agribusiness companies were not on the customs list when China announced on Aug. 4 that its three-year 80% duty on barley exports from Australia had been lifted.

Nearly 130 Australian exporters are now registered to export barley to China, the Australian Associated Press reported.

“We welcome this positive news and look forward to working with our customers to return to exporting Western Australian barley to China, a longstanding market,” CBH told the Australian Associated Press through a spokesperson.

China blocked CBH grain imports in September 2020 after it claimed customs found pests in a shipment of barley.

The 80% duty had been in place since June 2020. China said the tariff was due to Australia “dumping” barley, meaning its exports were priced lower than China’s domestic supply. However, Australia’s hardline stance on China’s role regarding the origins of the global COVID-19 pandemic was also reportedly a factor.

Prior to the tariff being imposed, Australia was by ...More info on site


Barley news Ukraine: Analysts increase barley, corn, wheat crop forecasts on stronger than expected yields
SovEcon analysts have increased its Ukraine grain production forecasts for corn (up 2 mln tonnes to 25.9 mln), wheat (up 1.3 mln tonnes to 19.2 mln) and barley (up 400,000 tonnes to 4.8 mln) due to stronger-than-expected yields for wheat and barley, along with favorable weather for corn development, AgWeb reported on August 10.

The Black Sea consulting firm raised its 2023-24 Ukrainian corn export forecast by 1 mln tonnes to 19 mln amid the bigger crop estimate. SovEcon also noted: “As the main buyer of Ukrainian grain, the EU could prioritize buying corn over other grains.”

It left the 2023-24 wheat and barley export forecasts at 10 mln tonnes and 1.3 mln tonnes, respectively, “as shipments may be limited by infrastructure bottlenecks and recent attacks on the Danube ports.” SovEcon said it believes Danube ports could ship up to 2 mln to 2.5 mln tonnes of Ukrainian grains per month.


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