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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 45a
November 06 - November 08, 2023


Quote of the Week

Nothing quenches the thirst like a wheat beer, or sharpens the appetite like an India pale ale. Nothing goes as well with seafood as a dry porter or stout, or accompanies chocolate like an imperial stout. Nothing soothes like a barley wine. These are just a few of the specialty styles of beer.
Michael Jackson

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Currency Rates


Base Currency: Euro
on November 08, 2023
Base Currency: US Dollar
on November 08, 2023
      1 EUR = 1.0694 USD
1 EUR = 0.8688 GBP
1 EUR = 1.4695 CAD
1 EUR = 1.6616 AUD
1 EUR = 160.8090 JPY
1 EUR = 5.2143 BRL
1 EUR = 98.6183 RUB
1 EUR = 7.7848 CNY
      1 USD = 0.9350 EUR
1 USD = 0.8123 GBP
1 USD = 1.3741 CAD
1 USD = 1.5536 AUD
1 USD = 150.3620 JPY
1 USD = 4.8758 BRL
1 USD = 92.2172 RUB
1 USD = 7.2795 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


November 08, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 303.00-305.00 down0.65%
6RW Malting Barley (FOB Creil) 225.00-227.00 up0.44%
Feed Barley (FOB Creil) 198.00-200.00 up2.58%
2RS Malt (FOB Antwerp) 652.00-654.00 down0.38%
6RW Malt (FOB Antwerp) 688.00-690.00 down0.36%
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 295.00-297.00 up0.68%
6RW Malting Barley (FOB Creil) 230.00-232.00 down3.35%
2RS Malt (FOB Antwerp) 652.00-654.00 up0.38%
6RW Malt (FOB Antwerp) 572.00-574.00 down1.69%
German Malting Barley
Crop 2023
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Malt news Ireland: Malt imports jump significantly this year ...Click here

Brewery news The Philippines: San Miguel Brewery Inc. reports 20.2% jump in nine-month profits ...Click here
Brewery news USA: 40% of Bud Light drinkers willing to return, AB InBev CEO says ...Click here

Barley news Australia: Total grain exports record in 2022-23 crop year but barley shipments decline ...Click here

Whisky news Japan: Suntory Spirits to increase whisky output to meet growing global demand ...Click here


More Industry News


Barley news Uganda: Nile Breweries launches state-of-the-art barley cleaning and drying plant in Kween District ...Click here
Brewery news South Africa: Beer Association of South Africa calls for beer to be sold at grocery shops ...Click here
Brewery news India: Beer company Bira 91 reports 15% rise in operating income ...Click here
Brewery news South Korea: Cass beer successfully retains position of leading brand in Q3 ...Click here
Brewery news The Philippines: San Miguel Brewery president Bobby Huang passes away ...Click here

Graph of the week



Table of the week

EU Barley Supply & Demand Forecast


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


06 November
1851 - Charles H Dow was born, co-founded Dow Jones/1st editor of Wall St Journal
1923 - Col Jacob Schick patents 1st electric shaver

07 November
1865 - London Gazette, oldest surviving journal, is founded
1867 - Marie Curie is born, French Scientist, discovered radium, Nobel 1903, 1911
1929 - The stock market sludges through a day of murky panic, as 2.4 million shares trade in the first half-hour, one of the heaviest openings yet on record

08 November
1789 - Bourbon Whiskey, 1st distilled from corn (by Elijah Craig, Bourbon Ky)
1793 - Louvre opens in Paris

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


MaltMalt News Malt


Malt newsIreland: Malt imports jump significantly this year
Imports of malt into Ireland have jumped significantly so far this year. From January to August this year, over 18,400t of malt are estimated ...More info on site



BreweryBrewery News Brewery


Brewery newsThe Philippines: San Miguel Brewery Inc. reports 20.2% jump in nine-month profits
San Miguel Brewery Inc. (SMB), Phillippines’ biggest beer producer, saw profits jump 20.2 percent to P19.4 billion in the first nine months of the ...More info on site


Brewery news USA: 40% of Bud Light drinkers willing to return, AB InBev CEO says
Bud Light’s April collaboration with a transgender influencer is still affecting sales, Anheuser-Busch InBev leadership told investors during their most recent earnings call, the St. Louis Post-Dispatch reported on November 6.

But a $1 billion stock buyback and new UFC sponsorship deal is boosting the company’s outlook overall, they said.

AB InBev announced the buyback program last week, which will take place within the next 12 months. Fernando Tennenbaum, CFO, said this will begin “almost immediately.”

During its third quarter, AB InBev global revenue increased 5% to $15.6 billion, though U.S. revenue declined more than 13% as a result of continued lower Bud Light sales, said CEO Michel Doukeris. He said he is confident that the company is bouncing back.

“I don’t think that we are at a new normal yet, but we have a good grip on what we need to do and how we are proceeding from here,” he said last week.

Doukeris said a recent survey found that over 40% of lost Bud Light drinkers said they are ready and now more open to returning to drinking Bud Light.

Bud Light saw a significant drop in sales this year as consumers called for a boycott of the brand following a collaboration with transgender ...More info on site


Brewery news South Africa: Beer Association of South Africa calls for beer to be sold at grocery shops
With more than 21 000 signatures on its petition, the Beer Association of South Africa (BASA) is calling for beer to be sold at grocery shops, but it’s unclear if this would have any impact, IOL reported on November 6.

The National Liquor Act prohibits the sale of alcohol other than natural wine at grocery stores and supermarkets.

BASA says this needs to change as it limits consumer choice and creates an uneven playing field for passionate brewers.

Patricia Pillay, chief executive officer of BASA, said beer is a part of South African culture and tradition, and it is also the drink of choice for a majority of South Africans. However, current national and provincial legislation restricts a significant aspect of consumer choice: the absence of beer, including unique craft beers, from regular store shelves.

“BASA is committed to continuing to work with the government and traders to promote safe and responsible drinking where beers are sold. Although the campaign has only been running for less than two weeks, we have received an overwhelming response.

“Already, close to 22 000 people have signed it. It shows that South Africans want expanded consumer choice. Many comments on social media have also expressed pride in the quality ...More info on site


Brewery news India: Beer company Bira 91 reports 15% rise in operating income
Delhi-based beer company Bira 91 reported a 15% rise in operating revenue for FY23, hitting ₹824.3 crore ($111 million), and a total revenue, including other income, of ₹848.7 crore ($114 million). The increase marks significant progress towards the ₹1,000 crore milestone. Despite the growth, the firm's net loss expanded by 12% due to higher excise duty, procurement costs, and employee expenses. Nevertheless, the EBITDA margin showed improvements, Investing.com reported on November 6.

The company, founded by Ankur Jain in 2015 and now recognized as India's fourth-largest beer company, has a presence in over 550 towns and cities across 18 countries. Bira 91 maintains a production capacity of 250 million liters and employs a workforce of approximately 897 people. It competes with established players like Diageo, United Breweries, Pernod Ricard India, and startups such as White Owl Brewery and Simba.

In recent years, Bira 91 has broadened its product line beyond alcoholic beverages. Since 2020, the company has included non-alcoholic drinks in its portfolio and expanded its brand stores through acquisitions. The strategic diversification seems to be part of the company's efforts to solidify its market position ahead of a planned IPO.

To fuel its growth and expansion efforts, Bira 91 raised over $263 ...More info on site


Brewery news South Korea: Cass beer successfully retains position of leading brand in Q3
In the third quarter of this year, OB’s steady-seller beer, Cass, successfully retained its position as the leading brand in the South Korean home beer market, the Business Korea reported on November 6.

According to the food industry statistics information from the Korea Agro-Fisheries & Food Trade Corporation on Nov. 5, the retail store sales of Cass from July to September reached 428.12 billion won (US$326.31 million), establishing itself as the top beer brand in terms of sales during the period. Cass had a 37.89 percent share of the retail store market as of the end of September, which was slightly lower than the 38.89 percent share during the same period last year.

In second place was HiteJinro’s Terra, while Lotte Asahi Liquor’s Asahi secured the third spot. Terra’s retail store sales for the same period were approximately 120.57 billion won, similar to the previous year. However, its market share dropped to 10.67 percent, a decrease of 3.86 percentage points.

Asahi recorded sales of 84.12 billion won with a market share of 7.44 percent in the third quarter. Asahi’s retail store sales ranking was outside the top 10 in the same period last year, but it climbed to 9th place in March and ...More info on site


Brewery news The Philippines: San Miguel Brewery president Bobby Huang passes away
San Miguel Brewery president Roberto “Bobby” Huang passed away on Saturday, November 4, the Rappler reported.

San Miguel Corporation president and chief executive officer Ramon Ang paid tribute to Huang in a Facebook post on Monday, November 6.

“More than a colleague, Bobby Huang was a brother to me. We were set to celebrate our 25th year in San Miguel Corporation together. It’s going to be hard without him and his absence will be truly felt,” Ang said.

“Right now, our thoughts are with his family. Your grief is shared by every one of us who had the privilege of knowing him. We’re going to keep his memory alive by living up to the values he held dear, keeping the sense of community he helped build, and following the path he charted for San Miguel Brewery.”

In a stock exchange filing, San Miguel Food and Beverage said Huang died in the evening on November 4. His cause of death was not disclosed.

Huang had been the chief operating officer of San Miguel Food and Beverage’s beer division since 2018.

He was previously president of Cosmos Bottling Corporation and president of Coca-Cola Beverages Philippines.



BarleyBarley News Barley


Barley newsAustralia: Total grain exports record in 2022-23 crop year but barley shipments decline
The 2022-23 crop year in Australia concluded at the end of September, and the final pieces of the season’s record grain export program were ...More info on site


Barley news Uganda: Nile Breweries launches state-of-the-art barley cleaning and drying plant in Kween District
Uganda’s Nile Breweries has launched a Shs4bn state-of-the-art barley cleaning and drying plant in Cheminy, Kween District, it said in a press release dated November 7.

The state-of-the-art plant, strategically located in the heart of Sebei region, will play a pivotal role in advancing the quality and sustainability of barley production in the region.

The drying and cleaning plant will ensure that over 5,000 barley farmers in Kween, Kapchorwa and Bukwo Districts have access to a safe storage facility to maintain the quality of their barley and mitigate post-harvest loss.

Adu Rando, the managing director, Nile Breweries, said that the plant will provide a storage facility to over 5,000 barley farmers in the Sebei region.

“The drying and cleaning plant has the capacity to store and process over 250 metric tonnes of barley daily,” he noted “Its opening reaffirms our commitment to supporting our local farmers to maximize their yields and reduce post-harvest losses while also ensuring quality control and convenience.”

According to Adu, Nile Breweries buys over 8,000 metric tons of barley from farmers in Sebei region annually.

Currently, farmers have been practicing open-air; they spread their barley out in the sun for several hours and days which has led to loss of the quality ...More info on site



WhiskyWhisky News Whisky


Whisky news Japan: Suntory Spirits to increase whisky output to meet growing global demand
Premium Japanese whisky supplier Suntory Spirits said output could increase in 2027 as it expands capacity to meet growing global demand, The Japan Times reported on November 6.

Suntory Spirits has begun two-year renovations at its Yamazaki distillery in Osaka Prefecture and its Hakushu distillery in Yamanashi Prefecture, at a cost of about ¥10 billion ($66 million), President Nobuhiro Torii said in an interview. The company has invested more than ¥60 billion in increasing production capacity over the past decade, he said, including expanding storage facilities.

Since it takes time for whisky to mature, Torii — the great-grandson of Suntory founder Shinjiro Torii — said the maker "may be able to ship out a little more” only by around 2027.

Suntory, which marks the 100th anniversary of its whisky business this year, is "keeping its foot on the gas pedal” to increase production, he added.

Sotheby’s has said Suntory’s Yamazaki 55 Years Old long-aged single malt whisky has achieved prices of up to $780,000 at auction, and surpassed Karuizawa 1960 as the most expensive Japanese whisky — symbolizing the popularity of the beverage in overseas markets. The auction house also called Japanese whisky the second most valuable whisky category on the secondary market.

Suntory’s expanded ...More info on site


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