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E-Malt.com Flash 51a
December 18 - December 20, 2023
Quote of the Week
I wish you a merry Christmas and a Happy New Year, with your pockets full of money, and your cellar full of beer.
Old English carol
Currency Rates
Base Currency: Euro
on December 20, 2023 |
Base Currency: US Dollar
on December 20, 2023 |
| |
1 EUR = 1.0950 USD
1 EUR = 0.8621 GBP
1 EUR = 1.4638 CAD
1 EUR = 1.6248 AUD
1 EUR = 157.4890 JPY
1 EUR = 5.3442 BRL
1 EUR = 98.9384 RUB
1 EUR = 7.7694 CNY
|
|
1 USD = 0.9131 EUR
1 USD = 0.7872 GBP
1 USD = 1.3368 CAD
1 USD = 1.4837 AUD
1 USD = 143.8140 JPY
1 USD = 4.8805 BRL
1 USD = 90.3526 RUB
1 USD = 7.0951 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 20, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
297.00-299.00 |  |
| 6RW Malting Barley (FOB Creil) |
210.00-212.00 | |
Feed Barley (FOB Creil) |
194.00-196.00 | |
| 2RS Malt (FOB Antwerp) |
645.50-647.50 | |
| 6RW Malt (FOB Antwerp) |
681.50-683.50 | |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
266.00-268.00 | |
| 6RW Malting Barley (FOB Creil) |
226.00-228.00 | |
| 2RS Malt (FOB Antwerp) |
616.00-618.00 | |
| 6RW Malt (FOB Antwerp) |
567.00-569.00 | |
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: Top 3 brewers performance differs from region to region
...Click here
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Ukraine: January-November beer production up 8.5% versus last year
...Click here
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Russia: AB InBev agrees to sell stake in Russian JV to partner Anadolu Efes
...Click here
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Russia: Russian court lets local brewer use Carlsberg brands despite Danish firm’s exit
...Click here
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World: World barley production forecast increase on larger crops in Canada, Ukraine
...Click here
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EU & UK: Barley supply and demand sheet for 2023/24 unchanged
...Click here
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Canada: 2023-24 barley production estimated at 8.9 mln tonnes
...Click here
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Canada: Barley quality generally good despite hot and dry growing conditions this year
...Click here
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Mexico: Diageo facing battle to win back investors’ trust as Mexican sales slow
...Click here
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UK & China: Scotch producer Angus Dundee Distillers to build a malt whisky distillery in China
...Click here
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Graph of the week
Table of the week
Latin America Beer Production by Country 2018 - 2022(s)
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
18 December
1796 - 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 - Lujo [Ludwig J von] Brentano is born (German economist)
1897 - Fernand J Collin is born, Belgian economist/banker
1973 - The Islamic Development Bank is founded
1991 - General Motors announces closing of 21 plants
1997 - HTML 4.0 is published by the World Wide Web Consortium
19 December
1795 - 1st state appropriation of money for road building, Kentucky
1989 - American Airlines purchases Eastern Airline's Latin American route
1997 - Masaru Ibuka co-founder Sony Corporation, dies at 89
20 December
1790 - The first mechanized textile mill in the U.S. opens in Pawtucket, R.I. Built by Samuel Slater
1803 - Louisiana Purchase formally transferred from France to US for $27 million
1966 - The transmission of trades and quotes from the floor of the New York Stock Exchange is fully automated for the first time
1996 - NeXT merges with Apple Computer, starting the path to Mac OS X
Agenda
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:
12 - 14: ExpoAntad 2024 (Guadalajara, Mexico)
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
13 - 14: BeerX 2024 (Liverpool, UK)
21 - 23: Warsaw Beer Festival 2024 (Warsaw, Poland)
22 - 24: Barcelona Beer Festival 2024 (Barcelona, Spain)
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)
27 - 28: Zythos Beer Festival 2024 (Kortrijk, Belgium)
May 2024:
14 - 16: International Beer Strategies Conference 2024 (Porto, Portugal)
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)
14 - 15: Tallinn Craft Beer Weekend 2024 (Tallinn, Estonia)
August 2024:
08 - 10: VIETFOOD & BEVERAGE - VIETNAM 2024 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
23 - 24: Beervana 2024 (Wellington, New Zealand)
September 2024:
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)
21 - 06 October: Oktoberfest 2024 (Munich, Germany)
October 2024:
03 - 04: Brew Asia 2024 (Suntec Convention & Exhibition Centre, Singapore)
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Brewery News
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World: Top 3 brewers performance differs from region to region
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As beer volumes continue to struggle overall, RMI Analytics’ latest report provides insights that go a bit deeper into the regional level for the
...More info on site
|
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Ukraine: January-November beer production up 8.5% versus last year
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Ukraine’s January-November beer production totalled 12.37 mln hl, up 8.5% versus the same period last year, trade association Ukrpivo reported on December 13.
Zero-alcohol beer
...More info on site
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Russia: AB InBev agrees to sell stake in Russian JV to partner Anadolu Efes
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Turkish brewer Anadolu Efes has agreed to acquire AB InBev’s stake in a $1.3bn Russian joint venture in a sign of Turkey’s continued close
...More info on site
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Russia: Russian court lets local brewer use Carlsberg brands despite Danish firm’s exit
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A Russian court on December 18 found that Russia's second-largest brewer, Baltika, could continue to use Carlsberg brands even though the Danish brewer has been stripped of control of the firm and revoked Baltika's licences, Reuters reported.
Moscow took control of Carlsberg's stake in July, taking Baltika under "temporary management". That prompted CEO Jacob Aarup-Andersen to say Carlsberg's business had been stolen and that his firm would not do any deal to make the seizure look legitimate.
Baltika then sued Carlsberg in Russia for the right to continue using the trademarks, and the arbitration court of St. Petersburg and the Leningrad Region on December 18 ruled in Baltika's favour, the Interfax news agency reported.
"The claim is satisfied in full," it quoted a court document as saying.
A month ago, Denis Sherstennikov and Anton Rogachevsky, Baltika's CEO and vice president, were arrested on suspicion of fraud, accused of transferring some intellectual property rights to Carlsberg illegally as Russia assumed control. Carlsberg said its employes were innocent.
The affair has underlined how difficult it is for Western companies hampered by, or uncomfortable with, the fallout from Moscow's war in Ukraine to extricate themselves from Russia.
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USA: AB InBev facing workers strike action
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The Teamsters union has authorised a strike at AB InBev to put pressure on the beer giant to renegotiate contract terms for its workforce, The Drinks Business reported on December 18.
The union told Fox Business that out of 5,000 members who work at 12 AB InBev breweries in the US, 99% voted to authorise a strike. This means that if the workers cannot secure a new labour contract raising wages, protecting jobs and securing benefits before the union’s contract expires on 29 February 2024, then strikes will take place and beer production will likely become affected.
Teamsters general president Sean O’Brien said: “Teamsters stand firm in our fight for the best contract at Anheuser-Busch, and this powerful strike vote proves it. Our members’ labour, talent, and sacrifice are what put Anheuser-Busch products on the shelf, and we are committed to getting a contract that rewards and recognises their hard work.”
O’Brien explained: “If Anheuser-Busch’s executives can’t get their act together to negotiate an agreement that respects workers, we will see them out on the streets,”
Last month, the union and AB InBev reached tentative agreements on ending tiered health care and restoring retiree health benefits, however the two sides have reportedly failed to
...More info on site
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Barley News
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World: World barley production forecast increase on larger crops in Canada, Ukraine
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RMI Analytics’ global barley production forecast for 2023/24 is higher in their latest report – at 142.7 mln tonnes, up 1.3 mln tonnes from
...More info on site
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EU & UK: Barley supply and demand sheet for 2023/24 unchanged
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The barley supply and demand balance sheet for the EU27+ UK is unchanged, with a crop estimate of 54.33 mln tonnes, RMI Analytics said
...More info on site
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Canada: 2023-24 barley production estimated at 8.9 mln tonnes
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For 2023-24, Canadian barley production is estimated at 8.9 million tonnes (Mt) by Statistics Canada (STC) in its December survey-based yield and production estimates
...More info on site
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Canada: Barley quality generally good despite hot and dry growing conditions this year
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Hot and dry growing conditions cut into barley yields in Western Canada in 2023 but the quality was generally good, according to the yearly
...More info on site
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Whisky News
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Mexico: Diageo facing battle to win back investors’ trust as Mexican sales slow
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Diageo faces a battle to win back some investors' trust following last month's profit warning as the Johnnie Walker whisky and Tanqueray gin maker
...More info on site
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UK & China: Scotch producer Angus Dundee Distillers to build a malt whisky distillery in China
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Scotch producer Angus Dundee Distillers has revealed plans to build a malt whisky distillery in Chun’an, China, along with a visitor’s experience, The Spirits Business reported on December 19.
The site will be located by Qiandao Lake, also known as the ‘Thousand Island Lake’ for its many islands, and will encompass 20 acres in size. The area is popular with tourists for its scenery and natural beauty.
There are also plans for the ‘world’s largest’ cave whisky maturation cellar, situated within a mountain close to the distillery. Angus Dundee says the stable temperature and humidity inside the cave will provide ‘ideal conditions’ for storing and maturing whisky.
Construction for the distillery is now underway.
Brian Megson, director of Angus Dundee Distillers, said: “This investment is a major milestone for Angus Dundee Distillers and builds on our existing presence in China, a whisky market which we regard as one of the most important for the future.
“We are combining our notable Western heritage in producing the finest Scottish single malts with Eastern traditions in a location of exceptional natural beauty and resources.
“We want to create one of the leading distilleries in Asia, combining world-class whisky production with an outstanding visitor experience.”
The site’s design will stay true
...More info on site
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