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E-Malt.com Flash 39a
September 25 - September 27, 2023
Quote of the Week
A surplus of effort could overcome a deficit of confidence.
Sonia Sotomayer
Currency Rates
Base Currency: Euro
on September 27, 2023 |
Base Currency: US Dollar
on September 27, 2023 |
| |
1 EUR = 1.0582 USD
1 EUR = 0.8689 GBP
1 EUR = 1.4280 CAD
1 EUR = 1.6514 AUD
1 EUR = 157.6060 JPY
1 EUR = 5.2627 BRL
1 EUR = 101.8550 RUB
1 EUR = 7.7348 CNY
|
|
1 USD = 0.9448 EUR
1 USD = 0.8210 GBP
1 USD = 1.3494 CAD
1 USD = 1.5604 AUD
1 USD = 148.9280 JPY
1 USD = 4.9731 BRL
1 USD = 96.2519 RUB
1 USD = 7.3093 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 27, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
284.00-286.00 |  1.04% |
| 6RW Malting Barley (FOB Creil) |
232.00-234.00 |  1.30% |
Feed Barley (FOB Creil) |
211.00-213.00 | 0.95% |
| 2RS Malt (FOB Antwerp) |
628.50-630.50 | 0.58% |
| 6RW Malt (FOB Antwerp) |
664.50-666.50 | 0.55% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
284.00-286.00 | 1.06% |
| 6RW Malting Barley (FOB Creil) |
242.00-244.00 | 1.25% |
| 2RS Malt (FOB Antwerp) |
638.50-640.50 | 0.58% |
| 6RW Malt (FOB Antwerp) |
586.50-588.50 | 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.
|
Click here to see our Market Prices History.
World: AB InBev expects continued growth opportunities in developing and emerging markets
...Click here
|
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World: Global craft beer sector projected to surpass US$282.6 bln by 2032
...Click here
|
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India: Carlsberg gets competition watchdog approval to acquire additional 33.33% in Carlsberg South Asia Pte Ltd
...Click here
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World: Barley crop forecast increased thanks to better than expected Russian, Ukrainian, and EU crops
...Click here
|
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North America: Favourable weather in Canada could result in larger barley crop than expected
...Click here
|
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Russia: Guinness soon to be sold in Russia again, state agency claims
...Click here
|
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USA: Molson Coors loses bid for retrial in Stone Brewing trademark case
...Click here
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Japan: Heineken announces launch of its alcohol-free beer in Japan
...Click here
|
Graph of the week
Table of the week
Austria Brewing Industry 1980-2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 September
1639 - 1st printing press in America
1654 - England & Denmark sign trade agreement
1897 - 1st British bus service opens
1926 - Henry Ford announces 8 hour, 5-day work week
2014 - test event (Have to be edited and replaced with a real event description)
26 September
1404 - Brussels Brabants/Limburgse audit-office established
1680 - Tax revolt in Gorinchem due to tax on cereal
1786 - England & France sign trade agreement
1972 - Norway rejects membership in European Common Market
27 September
1825 - Railroad transportation is born with 1st track (Stockton-Darlington)
1968 - France refuses UK entry into common market
1988 - US Senate votes for major federal tax code changes
Agenda
October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
09 - 10: 107 VLB October Convention 2023 (Seestrasse 13, 13353 Berlin, Germany)
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)
13 - 14: BeerX 2024 (Liverpool, UK)
22 - 23: InnBrew 2024 (Barcelona, Spain)
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)
24 - 24: World Beer Cup 2024 (Las Vegas, USA)
May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Cerveza Mexico Expo 2024 (Guadalajara, Mexico)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
30 - 01 June: Craft Beer China 2024 (Shanghai, China)
June 2024:
06 - 09: Wiener Bierfest 2024 (Vienna, Austria)
11 - 13: Brasil Brau 2024 (Sao Paulo, Brazil)
August 2024:
08 - 10: VIETFOOD & BEVERAGE - VIETNAM 2024 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2024:
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)
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Brewery News
|
|
World: AB InBev expects continued growth opportunities in developing and emerging markets
|
|
Anheuser-Busch InBev held its Capital Markets Day on September 21 with a clear message that the beer giant expects continued growth opportunities in developing
...More info on site
|
|
World: Global craft beer sector projected to surpass US$282.6 bln by 2032
|
|
The size of the global craft beer sector is projected to surpass US$282.6 billion by 2032, according to a new report, The Drinks Business
...More info on site
|
|
India: Carlsberg gets competition watchdog approval to acquire additional 33.33% in Carlsberg South Asia Pte Ltd
|
|
Competition Commission of India (CCI) on September 26 cleared Carlsberg Breweries' proposed acquisition of an additional 33.33 per cent stake in Carlsberg South Asia
...More info on site
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Russia: Guinness soon to be sold in Russia again, state agency claims
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Guinness could soon be sold in Russia once again, according to reports stating a Kremlin agency has approved its importation, The Drinks Business reported on September 25.
The reports via Russian state agency Rosaccrediation reveal that the Moscow Brewing Company (MPC) has officially approved the distribution of Guinness in an agreement that will assist with the importation of the stout brand to the sanctions-hit country.
Despite the claims being made, Guinness owner Diageo told The Drinks Business (db) that an about-turn has not been made from the company’s end and Diageo has reiterated its stance on imports to Russia.
A spokesperson for Diageo exclusively told db: “In March 2022, we stopped all imports of our products to Russia and stopped third-party, local production of beer and bottling of spirits. In June 2022, we then took the decision to responsibly wind down our business there and that process is now almost complete. Diageo is not either directly or indirectly importing or selling any products in Russia.”
The situation of Guinness being made available in Russia, despite Diageo’s moves to stop it, has been speculated to have arisen from Russia’s access to parallel imports where a Russian company has a registered declaration issued by the respective
...More info on site
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USA: Molson Coors loses bid for retrial in Stone Brewing trademark case
|
Beer giant Molson Coors on September 25 failed to convince a federal judge in San Diego to overturn a jury's decision that the company owes $56 million for violating craft brewery Stone Brewing's trademark rights, Reuters reported.
U.S. District Judge Roger Benitez said that Molson Coors was not entitled to a new trial or a court ruling in its favor, rejecting its arguments that the evidence did not support the verdict.
Benitez also denied Stone Brewing's motion for a new bench trial on its allegations that Molson Coors used the "Stone" name in bad faith, which could have justified additional damages.
Molson Coors spokesperson Rachel Dickens said the company disagreed with the decision and is evaluating its options, including a potential appeal. Representatives for Stone Brewing did not immediately respond to a request for comment on the decision.
Escondido, California-based Stone Brewing sued what was then MillerCoors in 2018, arguing its marketing of Keystone beers that focused on the words "Stone" and "Stones" without "Key" caused consumer confusion and infringed its trademarks.
Stone Brewing told the court that Molson Coors had rebranded Keystone to capitalize on the brewery's consumer goodwill. A jury returned a $56 million verdict for Stone Brewing last March.
Sapporo U.S.A. acquired Stone
...More info on site
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Japan: Heineken announces launch of its alcohol-free beer in Japan
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Dutch multinational brewer Heineken has announced the launch of its alcohol-free beer in Japan, marking the brew’s 110th market worldwide, The Drinks Business reported on September 27.
The launch, which is set to take place on 16 October 2023, means that Heineken 0.0 has now been brought to 110 markets worldwide since it was first introduced in 2017.
The expansion of Heineken 0.0 to Japan marks the next step in the company’s progress as it continues to embrace evolving societal trends around alcohol consumption.
Tony Wheeler, Heineken Japan president, said: “As a pioneering brewer, we are committed to developing innovative new product offerings to meet consumer needs. Heineken 0.0 offers Japanese consumers new options for a variety of drinking occasions. it will also be in line with recent cultural trends such as responsible drinking and balanced, healthy lifestyles.”
Heineken has big plans for the Japanese launch of its 0.0 campaign, which is set to include TV commercials, digital and in-store promotional activities and retail promotions.
In addition, Heineken Japan plans to take advantage of Heineken’s partnership with Formula 1 to pre-launch Heineken 0.0 at the Japanese Grand Prix.
The race is being held at the Suzuka Circuit, and began on 22 September 2023. F1 World Champion
...More info on site
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Barley News
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World: Barley crop forecast increased thanks to better than expected Russian, Ukrainian, and EU crops
|
|
Global barley production forecast has shifted upward to 140.5 mln tonnes, up from 138.9 mln tonnes earlier this month, RMI Analytics said in their
...More info on site
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North America: Favourable weather in Canada could result in larger barley crop than expected
|
|
Weather over the past two weeks has been generally favourable and has advanced harvest across Canada with barley yields reported as slightly better than
...More info on site
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