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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 43b
October 26 - October 29, 2023


Quote of the Week

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Currency Rates


Base Currency: Euro
on October 27, 2023
Base Currency: US Dollar
on October 27, 2023
      1 EUR = 1.0548 USD
1 EUR = 0.8715 GBP
1 EUR = 1.4573 CAD
1 EUR = 1.6727 AUD
1 EUR = 158.6040 JPY
1 EUR = 5.2681 BRL
1 EUR = 98.8267 RUB
1 EUR = 7.7169 CNY
      1 USD = 0.9479 EUR
1 USD = 0.8261 GBP
1 USD = 1.3816 CAD
1 USD = 1.5857 AUD
1 USD = 150.3580 JPY
1 USD = 4.9945 BRL
1 USD = 93.6939 RUB
1 USD = 7.3161 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


October 27, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 301.00-303.00 -
6RW Malting Barley (FOB Creil) 229.00-231.00 -
Feed Barley (FOB Creil) 199.00-201.00 -
2RS Malt (FOB Antwerp) 649.00-651.00 -
6RW Malt (FOB Antwerp) 685.00-687.00 -
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 288.00-290.00 -
6RW Malting Barley (FOB Creil) 241.00-243.00 -
2RS Malt (FOB Antwerp) 643.00-645.00 -
6RW Malt (FOB Antwerp) 585.50-587.50 -
German Malting Barley
Crop 2023
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 322.00-324.00 down0.39%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news Nigeria: Nigerian Breweries sustains losses for three consecutive quarters ...Click here

Barley news World: Global barley production forecast down 0.2 mln tonnes ...Click here
Barley news EU & UK: Analysts reduce barley crop forecast on smaller output in Finland and parts of central Europe ...Click here
Barley news Canada: 2022-23 barley supply up 33% y/y ...Click here
Barley news Argentina: Barley crop development remains good ...Click here
Barley news UK: Cereal Quality Survey confirms lower quality for both wheat and barley crops this year ...Click here


More Industry News


Brewery news USA: Boston Beer Company reports increased net revenue in quarter ended September 30 ...Click here
Whisky news South Korea: Diageo completes sale of Windsor Global ...Click here
Barley news Ukraine: Grain exports fall so far for the 2023-24 marketing season ...Click here
Brewery news India: India’s Proost Beer raises Rs 25 cr in pre-series A ...Click here
Barley news Ukraine: Ukraine farmers sow 322,000 ha of winter barley as of October 24 ...Click here

Graph of the week



Table of the week

Italy Beer Market 1999 - 2022


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


26 October
1952 - Chevrolet unveils V-8 engine
1954 - Walt Disney's 1st television program, "Disneyland", premieres on ABC
1956 - U.N.'s International Atomic Energy Agency statute approved

27 October
1969 - Nobel prize for economy awarded to John Tinbergen
1984 - Hepatitis virus is discovered
1997 - Intel Corp buys Digital Equipment for $700 million

28 October
1904 - St Louis police try a new investigation method - the fingerprints
1954 - Nobel prize for literature awarded to Ernest Hemingway
1986 - International Red Cross ousted from South Africa

29 October
1929 - The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression
1947 - Belgium, Luxembourg and Netherland form Benelux Union
1952 - Sweden begins experimental TV
2008 - Delta Air Lines merges with Northwest Airlines, creating the world's largest airline and reducing the number of US legacy carriers to five

Agenda

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)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsNigeria: Nigerian Breweries sustains losses for three consecutive quarters
Nigerian Breweries PLC has sustained a loss for three consecutive quarters amounting to N57.19bn by September 2023, a position caused by the spike in ...More info on site


Brewery news USA: Boston Beer Company reports increased net revenue in quarter ended September 30
The Boston Beer Company, Inc. on October 26 reported financial results for its third quarter that ended September 30, 2023. Key results were:

Third Quarter 2023 Summary:

• Depletions decreased 6% on a fiscal calendar basis and decreased approximately 3% on a comparable week basis • Shipments decreased 2.5% on a fiscal calendar basis and decreased 1.8% on a comparable week basis • Net revenue increased 0.9% to $601.6 million • Gross margin increased 250 basis points to 45.7% • Net income of $45.3 million, which includes non-cash brand impairment charges of $16.4 million and the related tax benefit • Diluted earnings per share of $3.70, including non-cash brand impairment charges of $0.96 per share

Capital Structure

• Generated $131.3 million in operating cash flow in the third quarter • Ended the third quarter with $310.8 million in cash and no debt • Repurchased $69.4 million in shares from January 3, 2023 to October 20, 2023

"On a comparable weeks basis, which adjusts for the timing impact of the July 4th holiday, our depletions trends improved from a decrease of 7% in the second quarter to a decrease of 3% in the third quarter. We continue to execute our operational plans and grew revenue, gross margin and operating cash flow in the quarter which enabled us to repurchase over $69 million ...More info on site


Brewery news India: India’s Proost Beer raises Rs 25 cr in pre-series A
Indian beer brand, Proost Beer has raised Rs 25 crore in a pre-series A funding round through a mix of equity and debt, the company announced in a press release on October 25.

Existing and new investors including Chimes Group, Dev Punj, The Chennai Angels, Finvolve, India Accelerator, Hyderabad Angels, Mumbai Angels, Angel List India, and Agiliti Venture, participated in the fundraise.

“With this funding, we anticipate achieving a remarkable 300% growth,” said Vijay P. Sharma, co-founder and MD, Proost Beer.

The company plans to use the funds to enhance its production capabilities and venture into new markets.

Established in 2017, Proost Beer operates under Grano69 Beverages. The beer brand runs its outlets in Punjab, Uttar Pradesh, and Kerala. The company aims to capture over 5 per cent share of the Indian beer market by the end of this decade.



BarleyBarley News Barley


Barley newsWorld: Global barley production forecast down 0.2 mln tonnes
Global barley production forecast is down 0.2 mln tonnes, to 140.5 mln, driven by a few small changes globally, RMI Analytics said in their ...More info on site


Barley newsEU & UK: Analysts reduce barley crop forecast on smaller output in Finland and parts of central Europe
RMI Analytics’ EU+UK barley crop forecast is down 0.2 mln tonnes to 54.46 mln tonnes, with output reduced in Finland and parts of central ...More info on site


Barley newsCanada: 2022-23 barley supply up 33% y/y
For 2022-23, Canada’s supply of barley stood at 10.6 million tonnes (Mt), up 33% year-over-year (y/y), Agriculture and Agri-Food Canada said in its October ...More info on site


Barley newsArgentina: Barley crop development remains good
Argentina’s barley crop development remains good based upon rains 3-4 weeks ago but the weather has turned dry again. Further, the forecast remains dry ...More info on site


Barley newsUK: Cereal Quality Survey confirms lower quality for both wheat and barley crops this year
Results from the Cereal Quality Survey confirm lower quality for both wheat and barley from the 2023 harvest, including specific weights. Unsurprisingly moisture contents ...More info on site


Barley news Ukraine: Grain exports fall so far for the 2023-24 marketing season
Grain exports for Ukraine fell to 8.72 million tonnes so far for the 2023-24 marketing season, Reuters reported, citing Ministry of Agrarian Policy and Food data, which also showed that by Oct. 28 of last year the country had exported 12.34 million tonnes.

Export volumes this year so far were 4.4 million tonnes of wheat, 3.5 million tonnes of corn and 669,000 tonnes of barley. In the previous season Ukraine exported 4.7 million tonnes of wheat, 6.6 million tonnes of corn and 1.05 million tonnes of barley.

The ministry said 1.97 million tonnes of grain were exported in the first 26 days of October. Ukraine exported 3.65 million tonnes from Oct. 1-27 a year ago.

Ukraine is among the world’s leading exporters of wheat, corn and barley. The country traditionally has shipped most of its agricultural products through its deepwater Black Sea ports, which have been under siege since Russia’s February 2022 invasion and blockade. Since the end of the Black Sea Grain Initiative, which offered safe passage for grain shipments until July this year, Russia also has attacked Ukraine’s agricultural infrastructure on the Danube River.

Ukrainian officials said 51 cargo vessels had entered a new Black Sea shipping corridor since it came into ...More info on site


Barley news Ukraine: Ukraine farmers sow 322,000 ha of winter barley as of October 24
Ukraine’s agriculture ministry said on October 25 that farmers had sown around 5 million hectares of winter crops as of Oct. 24, the Hellenic Shipping News Worldwide reported.

The area included 3.46 million hectares of winter wheat, or 79.4% of the expected area, the ministry said in a statement.

Ukraine is a traditional grower of winter wheat, which accounts for at least 95% of its overall wheat output.

Agriculture Minister Mykola Solsky said this month that Ukraine was likely to sow less winter wheat than it initially expected for the 2024 harvest due to the prolonged absence of rain across most regions.

Solsky gave no exact figure for the acreage that could be sown this year while the ministry has still expected a sowing area of 4.36 million hectares.

The ministry also said farmers had sown 322,000 hectares of winter barley and 1.36 million hectares of winter rapeseed.

Producers plan to sow 692,100 hectares of winter barley and 1.2 million hectares of winter rapeseed this year.

Farmers sowed 4.46 million hectares of winter wheat, 612,200 hectares of winter barley and 1.376 million hectares of winter rapeseed for the 2023 harvest.

Ukraine is expected to harvest 79 million tons of grain and oilseed in 2023, with a 2023/24 exportable ...More info on site



WhiskyWhisky News Whisky


Whisky news South Korea: Diageo completes sale of Windsor Global
Diageo on October 27 signed and completed the sale of Windsor Global (“WG”), a subsidiary of Diageo which owns the Windsor business and associated intellectual property, to PT W Co., Ltd., a Korean company sponsored by Pine Tree Investment & Management Co., Ltd., South Korea's leading alternative investment firm.

The transaction includes the sale of 100% of the shares of WG from Diageo Atlantic B.V. (“DABV”) to PT W Co., Ltd.

John O'Keeffe, President, Asia Pacific, Global Travel and India for Diageo said: “This transaction reflects Diageo’s disciplined approach to capital allocation and further highlights our continued track-record of active portfolio management. We remain fully committed to Korea and our international spirits and beer business. Our position in the market remains strong as premiumisation trends persist and consumer interest in categories like international whisky continues to grow.”



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