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E-Malt.com Flash 34a
August 21 - August 23, 2023
Quote of the Week
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.
Earl Nightingale
Currency Rates
Base Currency: Euro
on August 23, 2023 |
Base Currency: US Dollar
on August 23, 2023 |
| |
1 EUR = 1.0879 USD
1 EUR = 0.8529 GBP
1 EUR = 1.4733 CAD
1 EUR = 1.6927 AUD
1 EUR = 158.7020 JPY
1 EUR = 5.3936 BRL
1 EUR = 102.3810 RUB
1 EUR = 7.8930 CNY
|
|
1 USD = 0.9191 EUR
1 USD = 0.7839 GBP
1 USD = 1.3542 CAD
1 USD = 1.5558 AUD
1 USD = 145.8700 JPY
1 USD = 4.9578 BRL
1 USD = 94.1090 RUB
1 USD = 7.2553 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 23, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
312.00-314.00 |  0.63% |
| 6RW Malting Barley (FOB Creil) |
235.00-237.00 |  0.43% |
Feed Barley (FOB Creil) |
206.00-208.00 | 0.98% |
| 2RS Malt (FOB Antwerp) |
662.50-664.50 | 0.37% |
| 6RW Malt (FOB Antwerp) |
698.50-700.50 | 0.35% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
291.00-293.00 | 0.68% |
| 6RW Malting Barley (FOB Creil) |
243.00-245.00 | 0.81% |
| 2RS Malt (FOB Antwerp) |
647.00-649.00 | 0.38% |
| 6RW Malt (FOB Antwerp) |
588.00-590.00 | 0.42% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
Japan: Asahi believes in growth of beer category this year
...Click here
|
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USA: Bud Light officially dethroned by Modelo Especial as Amerca’s best-selling beer
...Click here
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Tanzania: Tanzania Breweries Limited reports 42% growth in second quarter net profit
...Click here
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Argentina: Barley crop forecast increased as conditions benefit from further rains
...Click here
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UK: Spring malting barley crops showing promising quality
...Click here
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India: Rising popularity of domestic whisky gives strong competition to imported rivals
...Click here
|
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USA: Modelo Especial’s rise to top of US beer market did not happen overnight – Constellation Brands
...Click here
|
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Ukraine: Barley exports in MY 2023/24 total 422,000 tonnes
...Click here
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Graph of the week
Table of the week
EU Hops and Alpha Acid Production 2021-2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 August
1897 - Oldsmobile begins operation as a General Motors Corp division
1975 - U.S. lightens trade embargo against Cuba
1991 - Communist coup is crushed in U.S.S.R. in 2 days
22 August
1864 - International Red Cross forms
1901 - Cadillac Co forms
1932 - The BBC first experiments with television broadcasting
1980 - Mount Everest climbed by Italian Reinhold Messner, alone
23 August
1891 - Thomas Edison patents motion picture camera
1904 - Automobile tire chain patented
1939 - Molotov-Ribbentrop pact: East Europe divided between Hitler and Stalin
Agenda
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)
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Brewery News
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Japan: Asahi believes in growth of beer category this year
|
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Japan brewery major Asahi believes that upcoming local regulatory changes and global-scale events will serve as major catalysts to accelerate the growth of the
...More info on site
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USA: Bud Light officially dethroned by Modelo Especial as Amerca’s best-selling beer
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Modelo Especial is now officially America’s best-selling beer, dethroning Bud Light, whose popularity faded following the Dylan Mulvaney controversy, CNN reported on August 22.
Sales of Modelo at grocery and beer stores have surpassed Bud Light’s over the course of 2023, according to newly released NIQ data, the first time Modelo has ever beaten Bud Light on a year-to-date basis. There’s a tight race to the top, with Modelo landing in first place, gaining 8.34% share of dollars spent on beer vs. 8.28% for Bud Light through August 12.
It’s a significant move for Modelo since Bud Light has held the position of America’s top-selling beer for the large part of the past two decades.
Summer has been a bright spot for the Mexican lager, with Modelo surpassing Bud Light in May, June and July monthly sales. Modelo has held a 9.1 share for the past four weeks as Bud Light slipped to a 7 share of off-premise beer sales.
Modelo’s move to the top “seemed inevitable for at least the last several months, but the timeline accelerated since Bud Light’s trends dramatically worsened in April,” Benj Steinman is the president of Beer Marketer’s Insights, told CNN. “And it happened
...More info on site
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Tanzania: Tanzania Breweries Limited reports 42% growth in second quarter net profit
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Tanzania Breweries Limited (TBL) has reported 42 per cent growth in net profit in the second quarter of this year boosted by significant increases
...More info on site
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USA: Modelo Especial’s rise to top of US beer market did not happen overnight – Constellation Brands
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Modelo Especial’s U.S. owner and distributor wants to emphasize that the brand’s rise to the top of the country’s beer market didn’t happen overnight, CNBC reported on August 18.
“The fact that we became the No. 1 beer in America due to a competitor’s moves is not accurate,” said Jim Sabia, executive vice president and managing director of Constellation Brands’ beer division.
“We’ve planned on becoming the No. 1 beer in America over the next couple of years; it just happened quicker than we anticipated,” he said.
Sabia said the company estimated that Modelo Especial would be the No. 1 beer in the U.S. by 2025. Bud Light’s sales slump changed that.
Modelo Especial took over’s Bud Light’s top spot in the U.S. beer market in May and has held onto the title ever since, according to Nielsen IQ data analyzed by the investment firm Wedbush Securities. The data shows that on the four weeks ended on May 20, Modelo’s share of total beer sales grew to 10.7%, while Bud Light’s fell to 9.6%.
Analysts say Modelo’s rise was accelerated by conservative backlash against Bud Light and its parent company, Anheuser-Busch InBev, after it partnered with transgender activist and influencer Dylan Mulvaney the month
...More info on site
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Barley News
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Argentina: Barley crop forecast increased as conditions benefit from further rains
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Argentina’s barley crop conditions have benefitted from further rains, at least in the eastern half of Buenos Aires province. Although improved, the area of
...More info on site
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UK: Spring malting barley crops showing promising quality
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Spring malting barley crops are showing promising grain quality from the early harvested areas across south and eastern England, although yields are a touch
...More info on site
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Ukraine: Barley exports in MY 2023/24 total 422,000 tonnes
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In the 2023/2024 marketing year (MY) (from July 1, 2022 to August 21, 2023), Ukraine exported 3.6 million tonnes of grains and legumes, Ukrinform reported on August 21 citing the Ministry of Agrarian Policy and Food data.
In the current MY Ukraine has already exported 1.5 million tonnes of wheat, 422,000 tonnes of barley, 600 tonnes of rye, and 1.7 million tonnes of corn.
For comparison, in 2022/2023 MY, as of August 25, 2022, Ukraine exported 3.3 million tonnes of grains and pulses, including 896,000 tonnes of wheat, 272,000 tonnes of barley, 2.1 million tonnes of corn, and 400 tonnes of rye.
In the three weeks of August 2023, Ukraine has already exported 1.3 million tonnes of grains and pulses (1.6 million tonnes in 25 days of August last year). This includes 646,000 tonnes of wheat (520,000 tonnes in 25 days of August 2022), 127,000 tonnes of barley (123,000 tonnes in 25 days of August 2022), and 558,000 tonnes of corn (975,000 tonnes in 25 days of August 2022). This year, since the beginning of August, rye has not been exported (last year, 400 tonnes in the same period).
Since 2023/2024 MY, Ukraine has exported 17,700 tonnes of flour (9,600 tonnes as of the
...More info on site
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Whisky News
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India: Rising popularity of domestic whisky gives strong competition to imported rivals
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Rising preference for domestic single malts amongst Indians has been able to give strong competition to its rivals from Scotland, reported Times of India.
...More info on site
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