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E-Malt.com Flash 38b
September 21 - September 24, 2023
Quote of the Week
Ale sellers should not be tale tellers.
Old Scottish proverb
Currency Rates
Base Currency: Euro
on September 22, 2023 |
Base Currency: US Dollar
on September 22, 2023 |
| |
1 EUR = 1.0650 USD
1 EUR = 0.8659 GBP
1 EUR = 1.4364 CAD
1 EUR = 1.6605 AUD
1 EUR = 157.5310 JPY
1 EUR = 5.2205 BRL
1 EUR = 102.2040 RUB
1 EUR = 7.7779 CNY
|
|
1 USD = 0.9388 EUR
1 USD = 0.8130 GBP
1 USD = 1.3488 CAD
1 USD = 1.5590 AUD
1 USD = 147.9090 JPY
1 USD = 4.9019 BRL
1 USD = 95.9673 RUB
1 USD = 7.3033 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 22, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
287.00-289.00 |  0.35% |
| 6RW Malting Barley (FOB Creil) |
229.00-231.00 | 1.71% |
Feed Barley (FOB Creil) |
209.00-211.00 |  |
| 2RS Malt (FOB Antwerp) |
632.00-634.00 | 0.19% |
| 6RW Malt (FOB Antwerp) |
668.00-670.00 | 0.18% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
281.00-283.00 | 1.74% |
| 6RW Malting Barley (FOB Creil) |
239.00-241.00 | 1.23% |
| 2RS Malt (FOB Antwerp) |
634.50-636.50 | 0.96% |
| 6RW Malt (FOB Antwerp) |
583.00-585.00 | 0.63% |
German Malting Barley
Crop 2023
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.
World: Climate change could lead to beer shortages, Asahi chief executive warns
...Click here
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World: Malting barley prices soften for European barley
...Click here
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EU & UK: Barley production forecast slightly up at 54.65 mln tonnes
...Click here
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Canada: Barley growers advised to price their crops soon
...Click here
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Canada: Any upside potential in feed barley bids to be limited by harvest pressure and large corn deliveries from the US
...Click here
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North America: Diageo appoints North America CEO to jump-start growth in the US
...Click here
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Jamaica: Heineken introducing Heineken Silver in Jamaica
...Click here
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Romania: Ursus Breweries invests in thermal energy system
...Click here
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Graph of the week
Table of the week
World Hops Area and Production 2018 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 September
1784 - The first daily newspaper in the United States, the Pennsylvania Packet and Daily Advertiser, begins publishing
1883 - 1st direct US-Brazil telegraph connection
1931 - The day after the Bank of England abandons the gold standard, U.S. stocks tumble
22 September
1893 - 1st auto built in US (by Duryea brothers) runs in Springfield
1910 - England's 1st aircraft flight
1988 - Canada begins production of a $5 silver Maple Leaf bullion coin
23 September
1889 - Nintendo Koppai (Later Nintendo Company, Limited) is founded
1908 - University of Alberta opens
1974 - BBC Ceefax begins 1st teletext service
1991 - ABN & AMRO Dutch banks merge
24 September
1948 - The Honda Motor Company is founded
1960 - 1st nuclear-powered aircraft carrier launches (USS Enterprise)
1974 - John C. Bogle incorporates the Vanguard Group of Investment Cos. to administer - and to be owned by - the Vanguard family of mutual funds
1990 - Supreme Soviet gives approval to switch to free market
Agenda
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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World: Climate change could lead to beer shortages, Asahi chief executive warns
|
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Asahi’s chief executive has warned that climate change could lead to beer shortages as warmer temperatures hit barley and hops supplies around the world,
...More info on site
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North America: Diageo appoints North America CEO to jump-start growth in the US
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Diageo PLC has unexpectedly replaced its head of North America as the company’s chief executive tries to jump-start growth in the U.S., the Johnnie Walker maker’s largest market, MSN reported on September 21.
The world’s largest global liquor maker has appointed the former head of Clif Bar, Sally Grimes, to the newly created role of North America CEO. Clif was bought by Mondelez last year in a deal worth at least $2.9 billion, and Grimes stepped down from the snack maker in February.
Heading the North America business is one of the highest-profile and most demanding roles at Diageo. New CEO Debra Crew and her predecessor, the late Ivan Menezes, both previously served as presidents of North America.
Grimes will join the executive board and rank above Diageo’s existing North America president, Claudia Schubert, who will stay on as president and chief operating officer but step down from the executive board next month. Schubert—who previously served as Diageo’s U.S. and Canada spirits head—was named to the executive board and her current position heading North America only last year.
Lately, Diageo has lost market share in U.S. spirits. Last month it reported flat annual sales in North America, saying growth of pricey booze had
...More info on site
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Jamaica: Heineken introducing Heineken Silver in Jamaica
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Beer maker Heineken is introducing the latest addition to its line-up of products in Jamaica, Heineken Silver, the Jamaica Observer reported on September 21.
Dubbed a captivating twist on the classic beer, Heineken Silver will be available throughout Jamaica starting this month, the company said in a press release.
According to the release, Heineken Silver is a unique beer that stands out because of its unique brewing process. Unlike most beers, it is brewed at an ice-cold temperature of -1℃, which gives it a smooth and balanced taste, the company said, adding that the lagering process also helps retain Heineken's signature fruity aroma that is less bitter.
Heineken Brand Manager Amoye Phillpotts-Brown commented on the brand’s newest innovation.
"Heineken is intentional in creating meaningful connections. In the spirit of this, we wanted to create a more accessible taste profile where quality meets innovation. We wanted a beer that would be more inclusive and interesting to young adult consumers, and Heineken Silver is the outcome. This new brew brings a subtle twist on Heineken Original, providing a smoother taste while maintaining its premium status," Phillpotts-Brown said.
Phillpotts-Brown said Heineken has perfected its craft at its 5-Star brewery, where its beer is fermented in horizontal tanks, creating
...More info on site
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Romania: Ursus Breweries invests in thermal energy system
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Romania's Ursus Breweries said on September 22 that it has invested 2 million euro ($2.1 million) in an installation which recovers thermal energy from flue gas at one of its breweries, SeeNews reported.
The installation will reduce the Buzau brewery's natural gas consumption by some 18%, thus lowering the associated carbon dioxide emissions, Ursus Breweries said in a press release.
"Following the investments made so far, Ursus Breweries' carbon emissions have decreased by 50% in 2022 compared to the reference year 2019. We're just getting started: the investment in Buzau was successfully completed in the summer of this year and represents a step forward in reducing carbon dioxide emissions in our factories to zero," said Robert Uzuna, Vice President of Corporate Affairs of Ursus Breweries.
Last month, Ursus Breweries signed a multi-year virtual power purchase agreement (VPPA) with Austrian green electricity provider Enery.
Bucharest-headquartered Ursus Breweries has been controlled by Asahi Breweries Europe since 20217. The company owns breweries in Timisoara, Buzau, Brasov and a mini-production facility in Cluj-Napoca, according to its website.
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Barley News
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World: Malting barley prices soften for European barley
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Malting barley prices have softened for European barley as the market appears to have absorbed the news of lower spring barley production, RMI Analytics
...More info on site
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EU & UK: Barley production forecast slightly up at 54.65 mln tonnes
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As barley harvest wraps up across Europe, the final crop picture is coming into clearer focus. For the EU-27 and the UK, production forecast
...More info on site
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Canada: Barley growers advised to price their crops soon
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Barley growers might want to price their crops soon, regardless of bullishness among some growers because of the drought-reduced crop, The Western Producer reported
...More info on site
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Canada: Any upside potential in feed barley bids to be limited by harvest pressure and large corn deliveries from the US
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Seasonal harvest pressure and expectations for large corn deliveries from the United States should limit any upside potential in feed barley bids in Western Canada for the foreseeable future despite this year’s smaller crop, the Canadian Cattlemen reported on September 21.
“We’re getting some better-than-expected yields (in central Alberta), so there is some harvest pressure with guys needing to move grain for bin space,” said grain trader Jay Janzen of CorNine Commodities in Lacombe, Alta.
“It seems like (the market) will grind sideways for a while, and then once the corn hits the market in November… I imagine it will limit the upside on things,” Janzen added.
He noted while farmers are not excited about selling at current prices, they likely won’t have much choice going forward.
Janzen estimated about three million tonnes of corn would be coming up from the U.S. during the marketing year, making up about a third of Canada’s feed demand and offsetting any losses in Canadian production.
Canada grew 7.8 million tonnes of barley in 2023, according to the latest Statistics Canada estimate. That was down by 100,000 tonnes from the August forecast and well below the nearly 10 million tonnes grown the previous year.
Meanwhile, export data from the U.S.
...More info on site
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