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E-Malt.com Flash 05b
February 01 - February 04, 2024
Quote of the Week
He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has.
Epictetus
Currency Rates
Base Currency: Euro
on February 02, 2024 |
Base Currency: US Dollar
on February 02, 2024 |
| |
1 EUR = 1.0827 USD
1 EUR = 0.8531 GBP
1 EUR = 1.4532 CAD
1 EUR = 1.6530 AUD
1 EUR = 158.7400 JPY
1 EUR = 5.3455 BRL
1 EUR = 97.7027 RUB
1 EUR = 7.7049 CNY
|
|
1 USD = 0.9235 EUR
1 USD = 0.7879 GBP
1 USD = 1.3422 CAD
1 USD = 1.5266 AUD
1 USD = 146.6100 JPY
1 USD = 4.9373 BRL
1 USD = 90.2420 RUB
1 USD = 7.1165 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 02, 2024 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
280.00-282.00 |  |
| 6RW Malting Barley (FOB Creil) |
196.00-198.00 | |
Feed Barley (FOB Creil) |
180.00-182.00 | |
| 2RS Malt (FOB Antwerp) |
625.50-627.50 |  0.18% |
| 6RW Malt (FOB Antwerp) |
661.50-663.50 | 0.17% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
250.00-252.00 | |
| 6RW Malting Barley (FOB Creil) |
222.00-224.00 | |
| 2RS Malt (FOB Antwerp) |
596.50-598.50 | |
| 6RW Malt (FOB Antwerp) |
562.00-564.00 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
298.50-300.50 |  1.88% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
Australia: Data relesead by IWSR projects significant growth of no- and low-alcohol beer consumption in next four years
...Click here
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Canada: Barley exports this season lower than during the first 25 weeks of previous 2022-23 campaign
...Click here
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India: Diageo, AB InBev prepared for possible disruptions during general elections
...Click here
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World: Diageo on the hunt for a new chairman amid slowdown in sales
...Click here
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Africa: Diageo appoints EABL's Anne Michira to head new unit
...Click here
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Graph of the week
Table of the week
Australia Barley Supply and Disposition 2016-2023s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 February
1788 - 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 - 1st volume of the Oxford English Dictionary, A-Ant, published
1898 - 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 - World trade conference Unctad 2 opens in New Delhi
02 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy after rogue trader Nick Leeson loses more than $1.4 billion on unauthorized (and apparently unsupervised) trades in Japanese stock futures
03 February
1690 - 1st paper money in America issued (colony of Mass)
1815 - World's 1st commercial cheese factory established, in Switzerland
1995 - Astronaut Eileen Collins becomes the first woman to pilot the Space Shuttle
2015 - For $15 million, the United States purchases the entire territories of Arizona, California, New Mexico, and Texas, along with parts of Colorado, Nevada, and Utah, from Mexico under the Treaty of Guadalupe Hidalgo
04 February
1847 - 1st US telegraph company established in Maryland
1874 - Robert Liefmann, German economist is born
1917 - Belgium Council of Flanders established
1957 - 1st electric portable typewriter placed on sale (Syracuse NY)
2004 - Facebook, a mainstream online social networking site, is founded by Mark Zuckerberg
Agenda
February 2024:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
15 - 17: Great British Beer Festival Winter 2024 (Burton-on-Trent, UK)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)
March 2024:
05 - 08: The 12th RMI Conference (Rome, Italy)
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:
06 - 08: Planete Biere 2024 (Paris, France)
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)
17 - 20: World Brewing Congress 2024 (Minneapolis, Minnesota)
23 - 24: Beervana 2024 (Wellington, New Zealand)
September 2024:
12 - 14: Stockholm Beer & Whisky Festival 2024 (Stockholm, Sweden)
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)
21 - 06 October: Oktoberfest 2024 (Munich, Germany)
28 - 30: Whisky Live Paris 2024 (Paris, France)
October 2024:
03 - 04: Brew Asia 2024 (Suntec Convention & Exhibition Centre, Singapore)
23 - 25: Drink Technology India 2024 (Bombay Exhibition Centre, Mumbai, India)
28 - 31: China Brew 2024 China Beverage 2024 (Shanghai, China)
November 2024:
22 - 22: Drink Japan 2024 (Makuhari Messe, Japan)
26 - 28: Brau Beviale 2024 (Nuremberg, Germany)
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Brewery News
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Germany: Beer sales drop 4.5% in 2023
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German beer sales dropped 4.5% last year, resuming a long-term downward trend, official figures showed on February 1, Yahoo Finance reported.
German-based breweries and distributors
...More info on site
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Australia: Data relesead by IWSR projects significant growth of no- and low-alcohol beer consumption in next four years
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Globally, Australia is one of the leading markets for no- and low-alcohol (NoLo) beer, which has traditionally been one of the strongest performers in Australia’s broader NoLo market, the Beer & Brewer reported on January 31.
The Australian Bureau of Statistics has reported a clear and progressive drop in alcohol consumption since the 1970s, and data released by the IWSR in 2023 projected significant growth of NoLo beer consumption in the next four years.
NoLo beers have held a strong position in the overall beer category for many years now, and John Preston, CEO of the Brewers Association of Australia, told Beer & Brewer that this is driven by a sustained shift from full-strength to mid-strength over the last decade.
“About 30 per cent of the beer market is mid-, low- and zero-strength beer in Australia, which is one the highest in the world. That is driven primarily by mid-strength, which makes up 26 to 27 per cent of the market in itself.
“Two of our greatest selling beers, Great Northern and XXXX Gold are both mid-strength beers, they make up a big part of the Australian market and have done for decades.
“I think it’s fair to say we are behind Europe in terms
...More info on site
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USA: Bud Light sales still down year over year
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Anheuser-Busch InBev's beleaguered Bud Light brand is still having trouble luring back the customers it lost following its controversial partnership with transgender activist Dylan Mulvaney last year, Fox Business reported on January 31.
Bud Light sales were down 29.9% year over year for the week ending Jan. 20, 2024 compared with the same period last year, according to the latest numbers provided to FOX Business by Bump Williams Consulting, which analyzed Neilsen IQ data.
Sales of A-B's signature Budweiser brand were also down 15% on an annualized basis for the week, while competitors saw growth.
Molson-Coors' Coors Light saw 12.2% sales growth, while Miller Lite sales rose 6.9%, and Yuengling Light soared by 72.3%.
Modelo Especial, the Mexican lager owned by Constellation Brands, also gained further ground against Bud Light, seeing a 10.8% sales boost on the week compared with the same time in 2023, when Modelo eclipsed the A-B brand to become the best-selling beer in the U.S.
Sales of Bud Light began to tumble in the U.S. in April of last year, not long after the brand created and sent custom beer cans to Mulvaney to mark her "365 days of girlhood."
That move and comments from Bud Light's marketing vice president at
...More info on site
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India: Diageo, AB InBev prepared for possible disruptions during general elections
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Diageo and Anheuser-Busch InBev, the world's biggest distiller and brewer, respectively, said they will be able to navigate sales and supply chain disruptions during the upcoming general elections in India when sale and consumption of liquor is typically banned on and around the voting days, The Economic Times reported on February 2.
"Generally, during elections in India, what we have seen in the past is that there are temporary restrictions imposed by various states like the sale of alcohol. So, I think that would be something that we would anticipate. We know the team in India knows how to manage through that. And I am sure that they will continue to do a good job on that," Lavanya Chandrashekar, Diageo's global chief financial officer, told investors, adding that the trend on regulations has been moving in the right direction in India.
Many excise officials posted in liquor factories are co-opted for election duty, apart from the increase in dry days during elections.
AB InBev, the maker of Budweiser and Hoegaarden, said it expects limited disruptions during elections and is preparing to offset brewing and distribution changes during the peak summer season, a period which accounts for more than a third of beer sales.
"We
...More info on site
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World: Diageo on the hunt for a new chairman amid slowdown in sales
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Guinness owner Diageo is on the hunt for a new chairman to succeed Javier Ferran, as it attempts to reverse a slowdown in sales, the Grocery Gazette reported on February 2.
It is understood that the alcoholic beverage company has hired search firm Russell Reynolds Associates to find a successor for Ferran who’s tenure is due to expire in October 2025, Sky News reported.
Ferran has held the position since 2017, and his tenure was renewed last year for an additional three years, yet a source told the publication that the chairman could potentially step down a few months earlier.
It comes as Diageo has suffered a turbulent few months leading to the drinks giant issuing a profit warning in November and rumours that it was seeking to sell beer brands as profit hit a three-year low.
Last week, the Guinness owner announced it was set to cease direct supply to wholesalers not meeting its minimum order criteria.
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Africa: Diageo appoints EABL's Anne Michira to head new unit
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East African Breweries marketing and innovations director Anne Joy Michira will head Diageo’s new regional unit, the South, West, and Central Africa, The Star reported on January 31.
This follows the latest executive changes that will see her operate from London in her new role at EABL's parent company Diageo.
In the new appointment, she will be the Marketing and Innovations Director for South, West, and Central Africa (SWC) at Diageo.
EABL has been a net exporter of talent within Diageo in recent years.
Michira will take up her new London-based role from April 1 and will report to John Musunga, a Kenyan, who was appointed to head the newly established SWC business unit in November 2023.
The business unit comprises two regions covering Southern Africa and the Indian Ocean and West and Central Africa, including businesses in Nigeria, Ghana, Cameroon, Ethiopia, South Africa, and Seychelles, among others.
Michira has nearly 20 years of experience in a wide range of roles in trade and marketing in the fast-moving consumer goods sector.
She joined EABL from British American Tobacco (BAT) in September 2015 as the Marketing Manager for Mainstream Spirits.
She then rose the ranks to Head of Spirits and then Head of Marketing, Beer for East Africa before
...More info on site
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Barley News
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Canada: Barley exports this season lower than during the first 25 weeks of previous 2022-23 campaign
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Canada’s barley exports season during the export year’s 25th week, which ended January 21, total just 917,800t, 43.6pc lower than the 1.63Mt shipped in
...More info on site
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