If you want to see this letter from our site, please follow this link. https://www.e-malt.com/Publications.asp?19126
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




Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 48a
November 27 - November 29, 2023


Quote of the Week

With hekt (beer) the Ka (spirit) is kept in balance with with the liver and blood... Hekt is the liquid of happy blood and body.
Ancient Egyptian Physician

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 192,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: EUR203.00
Two-year individual subscription: EUR359.00
Save money when your colleagues join:

One-year group subscription for 2-5 members: EUR418.00
One-year group subscription for 6-10 members: EUR623.00
One-year group subscription for 11-20 members: EUR827.00
One-year group subscription for 21-50 members: EUR1,104.00
One-year group subscription for 51-100 members: EUR1,381.00
One-year group subscription for 101 and more members: EUR1,683.00

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on November 29, 2023
Base Currency: US Dollar
on November 29, 2023
      1 EUR = 1.0967 USD
1 EUR = 0.8667 GBP
1 EUR = 1.4902 CAD
1 EUR = 1.6546 AUD
1 EUR = 162.3740 JPY
1 EUR = 5.3575 BRL
1 EUR = 97.4971 RUB
1 EUR = 7.7667 CNY
      1 USD = 0.9117 EUR
1 USD = 0.7902 GBP
1 USD = 1.3589 CAD
1 USD = 1.5086 AUD
1 USD = 148.0510 JPY
1 USD = 4.8852 BRL
1 USD = 88.9016 RUB
1 USD = 7.0819 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


November 29, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 300.00-302.00 -
6RW Malting Barley (FOB Creil) 212.00-214.00 -
Feed Barley (FOB Creil) 191.00-193.00 -
2RS Malt (FOB Antwerp) 648.50-650.50 -
6RW Malt (FOB Antwerp) 684.50-686.50 -
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 269.00-271.00 -
6RW Malting Barley (FOB Creil) 228.00-230.00 -
2RS Malt (FOB Antwerp) 620.00-622.00 -
6RW Malt (FOB Antwerp) 569.50-571.50 -
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


Brewery news Japan: Kirin Holdings outlines plans of ‘aggressive measures’ across beer and sugar-free innovations ...Click here
Brewery news Malaysia: Heineken Malaysia posts decrease in net profit, revenue in Q3 to September 30 ...Click here
Brewery news Japan: Japanese brewer Asahi to sell EUR1.09 bln in shares to overseas investors ...Click here


More Industry News


Barley news Canada: CMBTC publishes list of recommended malting barley varieties for 2024-25 ...Click here
Barley news UK: AHDB launches its Recommended Lists for cereals and oilseeds 2024/25 ...Click here
Brewery news UK: Society of Independent Brewers calling for expanding limit on ‘alcohol-free’ beer ...Click here
Brewery news USA, GA: AB InBev invests in Cartersville brewery to strengthen beyond beer and craft production capabilities ...Click here
Brewery news Nigeria: Guinness Nigeria’s new Managing Director its first Nigerian CEO since 2015 ...Click here
Barley news Canada: Feed barley prices drifting lower despite limited supplies ...Click here
Whisky news UK: Value at rare whiskies at auctions records steepest fall in a decade ...Click here
Brewery news India: United Breweries launches Heineken Silver Draught beer in India ...Click here

Graph of the week



Table of the week

EU & UK Malt Production Capacity


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


27 November
1895 - Alfred Nobel establishes Nobel Prize
1962 - 1st test flight of the Boeing 727 takes place

28 November
1895 - The Chicago Times-Herald sponsors the first automobile race in U.S. history. The winner's average speed clocks in at roughly 7 mph
1946 - 1st Polaroid camera sold

29 November
1775 - Sir James Jay invents invisible ink
1877 - Thomas Edison demonstrates hand-cranked phonograph
1993 - CNN/fn, the financial network by Turner Enterprises, launched

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 newsJapan: Kirin Holdings outlines plans of ‘aggressive measures’ across beer and sugar-free innovations
Beverage heavyweight Kirin Holdings has outlined plans to implement ‘aggressive measures’ across beer and sugar-free innovation, to recover from the negative impact of cost ...More info on site


Brewery newsMalaysia: Heineken Malaysia posts decrease in net profit, revenue in Q3 to September 30
Heineken Malaysia Bhd anticipates the market to remain challenging due to cautious consumer spending prompted by macroeconomic concerns, according to managing director Roland Bala, ...More info on site


Brewery news Japan: Japanese brewer Asahi to sell EUR1.09 bln in shares to overseas investors
Major shareholders in Japanese brewer Asahi Group Holdings will sell 177 billion yen (€1.09 billion) in shares in a secondary offering to overseas investors, after setting a price of 5,286 per share, the company said in a stock exchange filing on November 28.

The offering represents around 6.6% of Asahi's outstanding shares, according to LSEG data, held by nine Japanese financial institutions including Nomura Holdings and the main lending unit of Sumitomo Mitsui Financial Group.

The price represented a 3.01% discount to Asahi's closing price on November 28 of 5,450 yen, the filing said.

Japanese companies have in recent years been unwinding cross-shareholdings that had been acquired to cement business ties.

The Tokyo Stock Exchange has encouraged this unwinding, to improve Japanese companies' use of capital. Critics of cross-shareholdings say they undermine governance because such shareholders are unlikely to pressure their partners for higher returns.


Brewery news UK: Society of Independent Brewers calling for expanding limit on ‘alcohol-free’ beer
The Society of Independent Brewers (SIBA) is calling on the UK government to expand the limit on ‘alcohol-free’ labelling to 0.5% abv products.

In the UK, beer can only be labelled ‘no alcohol’ or ‘alcohol-free’ if it contains an abv of 0.05% or less. Products labelled ‘low alcohol’ must be 1.2% abv or below.

But the SIBA said achieving 0.05% abv is an expensive process that makes it difficult for “small independent breweries” to enter the low-and-no market.

It comes as last month the UK government launched a consultation on labelling.

It proposed to raise the threshold for an “alcohol-free” drink to an abv of 0.5% to make alternatives to alcoholic drinks more widely available and popular.

Andy Slee, SIBA CEO, said: “For small independent breweries, NoLo is a fledgling sector and our members are increasingly looking to add new innovative low alcohol beers to their range but are hindered by confusing labelling guidance and the barriers to accessing the market.


Brewery news USA, GA: AB InBev invests in Cartersville brewery to strengthen beyond beer and craft production capabilities
Anheuser-Busch InBev said it has spent $13 million this year on capital projects at its Cartersville Brewery, which is about 45 miles northwest of Atlanta, Food Dive reported on November 27.

The investments helped strengthen the brewery’s beyond beer and craft production capabilities, as well as upgrade infrastructure and equipment needed to help sustain the longevity of the facility.

While Anheuser-Busch receives most of its attention for brews such as Bud Light and Michelob Ultra, an increasingly important part of its future centers around its craft business and its beyond beer portfolio. Offerings in these two categories include Kona Big Wave for craft and hard seltzers, canned wines and canned cocktails for beyond. The investment in Carterville will help the brewer meet what is expected to be growing consumer demand for these beverages in the future.

In addition to production, the $13 million investment is going toward energy systems upgrades that will increase efficiency and reduce fuel usage. As food and beverage companies spend money to build new facilities or expand existing ones, a major focus of these investments is often centered around lowering their environmental footprint while saving money at the same time. Projects incorporating green goals have been announced recently ...More info on site


Brewery news Nigeria: Guinness Nigeria’s new Managing Director its first Nigerian CEO since 2015
Guinness Nigeria has announced the appointment of Mr Adebayo Alli as its new Managing Director, its first Nigerian MD since 2015, Nairametrics reported on November 28.

The appointment comes after John Musunga, the now erstwhile MD of Guinness Nigeria moved to become Diageo Africa’s Managing Director for Southern, West, and Central Africa.

The announcement was given after the company’s board meeting held on Monday, November 27, 2023.

According to the corporate filing on NGX’s website signed by the Company Secretary, Abidemi Ademola, Adebayo Alli would resume his new role within the company on January 1, 2024.

Adebayo Alli, a mechanical engineer by training, holds a B.Sc. in Mechanical Engineering from the University of Ibadan and an MSc in Advanced Process Engineering from Loughborough University, UK.

He joined Diageo, owner of Guinness Nigeria in 2005 as a Packaging Operations Support Manager. Since then, he has gone on to work as project lead for a business transformation project in Meta Abo Brewery Limited, Ethiopia, another of Diageo Africa’s businesses. In 2014, he became a plant manager at the Meta Abo Brewery, and in 2015, Supply Chain Director.

Upon his return to Nigeria in 2017, he assumed the role of Operations ...More info on site


Brewery news India: United Breweries launches Heineken Silver Draught beer in India
United Breweries, a beer manufacturing major and part of the Amsterdam-based HEINEKEN group, is launching Heineken Silver Draught beer in India, The Hindu BusinessLine reported on November 28.

This is for the first time Heineken has introduced draught beer in the Indian market, aiming to provide consumers with a premium, smooth-tasting beverage tailored for social occasions.

The initial launch will see Heineken Silver Draught Beer available in premium bars and pubs across Mumbai, Thane and Pune in Maharashtra, with plans to expand to Karnataka in the fiscal year 2024.

“We are thrilled to introduce Heineken Silver Draught Beer to the discerning consumers in India, aligning with our commitment to cater to evolving preferences. In response to consumer insights, we recognise the demand for a superior and refreshing beer experience,” said Vivek Gupta, MD and CEO, United Breweries Ltd , a part of the HEINEKEN company.

Heineken Silver, a 100-per cent malt brew crafted with natural ingredients, provides a delightfully refreshing, smooth, and easy-to-drink lager with a crisp, subtle finish. This variant has already garnered immense appreciation in our global markets and we are confident that it will resonate with the new generation of beer enthusiasts in India, he added.

Crafted by ...More info on site



BarleyBarley News Barley


Barley news Canada: CMBTC publishes list of recommended malting barley varieties for 2024-25
The Canadian Malting Barley Technical Centre (CMBTC) has published its 2024 – 2025 list of recommended malting barley varieties. The guide offers producers and industry insights into preferred varieties based on agronomics, quality and market demand.

The 2024-25 list contains five main varieties: AAC Synergy, CDC Copeland, AAC Connect, CDC Fraser and for the first time CDC Churchill.

As a top global exporter of malting barley and processed malt, Canada is recognized for its high-quality varieties and consistent performance in processing. Newer varieties such as AAC Connect and CDC Fraser are steadily gaining acceptance in the malting and brewing industries, although the process takes time, says Peter Watts, Managing Director at the CMBTC. “End users want assurance that any new variety introduced into their operations will align with their process and end-product. Brewers are very conscious of quality due to its direct impact on efficiencies and end-use characteristics including sensory attributes”.

“With improved agronomics and disease resistance, new varieties have proven themselves to be high performers in Canadian fields, driving increased area. But there must be matching supply and demand,” says Jon White, CMBTC Board chair. “It’s the classic chicken or egg scenario—insufficient supply makes it challenging to source and ...More info on site


Barley news UK: AHDB launches its Recommended Lists for cereals and oilseeds 2024/25
AHDB has launched (27 November 2023) the online edition of the Recommended Lists for cereals and oilseeds (RL) 2024/25.

With fewer new varieties added than in recent years, the latest edition has shorter lists for most major crops and features several eye-catching new additions, including the first BYDV-tolerant six-row hybrid winter barley, the first new provisional UKFM Group 1 winter wheat since 2017 and a ‘barn-filling’ Group 3 winter wheat.

RL 2024/25 also features many improvements to the tables, following feedback from the RL review, as well as information on verticillium stem stripe resistance in oilseed rape for the first time.

Paul Gosling, who manages the RL at AHDB, said:

“The RL review has already resulted in numerous changes to the lists. This year’s leaner lists will be welcomed by many. However, quality remains high, with several exciting new additions.”

The winter barley list has two new varieties. SY Buzzard is the first six-row hybrid with tolerance to BYDV, which will be of particular interest to growers who want to avoid insecticide use. It also has relatively good resistance to lodging, although it is lower yielding than other six-row hybrids. Two-row feed variety LG Capitol has high treated and untreated yields, with a good disease ...More info on site


Barley news Canada: Feed barley prices drifting lower despite limited supplies
Feed barley prices have been drifting lower despite limited supplies of the crop, the Western Producer reported on November 25.

Agriculture Canada estimated total supply for 2023-24 at 8.75 million tonnes, down 17 percent from the previous year.

Yet prices have tumbled by about C$100 per tonne since the start of the calendar year.

“There are a number of factors which have contributed to the price moderation of feed barley,” Alberta Agriculture crop market analyst Neil Blue said in a recent article published on the government’s website.

Livestock feeders have gotten used to working with feed barley substitutes in recent years when barley was in short supply.

Cattle feeders in Lethbridge have been using feed wheat, milling wheat, oats and importing corn from the United States.

“Feeding imported corn has become common when price competitive,” he said.

Canada has imported 261,800 tonnes of U.S. corn in the current marketing year, more than five times the volume of the same period last year.

Strong export demand from China had also been propping up Canadian feed barley prices. But that demand is waning now that China has removed its import tariffs on Australian barley.

Canadian bulk barley exports through week 16 of the 2023-24 campaign total just 742,700 tonnes, versus 1.05 ...More info on site



WhiskyWhisky News Whisky


Whisky news UK: Value at rare whiskies at auctions records steepest fall in a decade
The value of rare whiskies sold at auction has recorded the steepest fall in a decade other than during the pandemic, indicating that softening demand for luxury items is spreading to an asset class previously seen as a haven from volatile markets, the Financial Times reported on November 27.

Investment bank Noble & Co said analysis based on about 8,500 transactions of “fine and rare” single malts, defined as whiskies selling for more than £1,000 per 700ml or 750ml bottle, showed a 7 per cent drop to £27mn in the 12 months to September compared with the previous year.

The decline follows a 19 per cent increase the previous year, suggesting that premium whisky’s “almost unblemished” status among the best-performing alternative investments was declining.

Edinburgh-based Noble & Co said the fall in the transaction value was the first “major drop” since 2012 — excluding a 51 per cent fall during the Covid-19 lockdown in 2020. Prices at auction fell despite the number of bottles being sold increasing by a tenth to more than 8,500 in the first 10 months of 2023.

The sales decline adds to evidence that whisky sales are not immune to the effects of a slump in demand for luxury goods ...More info on site


Copyright © E-Malt s.a. 2023