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E-Malt.com Flash 13b
March 28 - March 31, 2024
Quote of the Week
Be happy with what you have while working for what you want.
Helen Keller
Currency Rates
Base Currency: Euro
on March 29, 2024 |
Base Currency: US Dollar
on March 29, 2024 |
| |
1 EUR = 1.0801 USD
1 EUR = 0.8556 GBP
1 EUR = 1.4653 CAD
1 EUR = 1.6578 AUD
1 EUR = 163.4360 JPY
1 EUR = 5.3967 BRL
1 EUR = 98.9957 RUB
1 EUR = 7.8027 CNY
|
|
1 USD = 0.9257 EUR
1 USD = 0.7921 GBP
1 USD = 1.3567 CAD
1 USD = 1.5347 AUD
1 USD = 151.3540 JPY
1 USD = 4.9965 BRL
1 USD = 91.6555 RUB
1 USD = 7.2242 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 29, 2024 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
291.00-293.00 |  0.34% |
| 6RW Malting Barley (FOB Creil) |
181.00-183.00 |  2.67% |
Feed Barley (FOB Creil) |
175.00-177.00 | 4.76% |
| 2RS Malt (FOB Antwerp) |
639.50-641.50 | 0.19% |
| 6RW Malt (FOB Antwerp) |
504.50-506.50 | 1.20% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
261.00-263.00 | 1.55% |
| 6RW Malting Barley (FOB Creil) |
222.00-224.00 |  |
| 2RS Malt (FOB Antwerp) |
610.00-612.00 | 0.81% |
| 6RW Malt (FOB Antwerp) |
562.00-564.00 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
257.50-259.50 | 0.22% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
USA: AB InBev beers expected to lose an average 15% shelf space at US retailers
...Click here
|
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Namibia: Namibia Breweries reports increased sales, revenue in the half year to December 31, but net income drops
...Click here
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Cameroon: Brewer SABC invests CFA313 billion over the past decade
...Click here
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World: Barley crop 2024 expected to increase improving security of supply for 2025 requirements globally
...Click here
|
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EU & UK: Barley crop forecast is down 1.1 mln tones amid weather concerns
...Click here
|
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Canada: Slight decrease in area, production forecast for barley crop 2024
...Click here
|
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EU: Wheat, barley exports decrease since the beginning of 2023/24
...Click here
|
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France: Winter barley crop rating drops, soft wheat rating stable this week
...Click here
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Canada: Southern Alberta seeing slight increase in feed barley prices
...Click here
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Malaysia: Heineken, Carlsberg beer prices to go up by 5% from April 1
...Click here
|
UK: Beam-Suntory gets East Ayrshire approval for a new whisky maturation facility
...Click here
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Graph of the week
Table of the week
Wold Hop Acreage and Percent Share 2019 - 2023
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 March
1797 - Nathaniel Briggs of NH patents a washing machine
1841 - 1st U.S. steam fire engine tested, New York City
1866 - 1st ambulance goes into service
29 March
1886 - Chemist John Pemberton begins to advertise for Coca-Coke
1888 - James E. Casey is born, founder of United Parcel Service
1918 - Sam Moore Walton, future founder of Wal-Mart, is born in Kingfisher, Okla
30 March
1858 - Pencil with attached eraser patented by Hyman L. Lipman
1867 - U.S. Secretary of State William H. Seward agrees to purchase the Alaskan territories from Russia for $7,200,000
31 March
1889 - 300m Eiffel Tower officially opens, commemorates French Revolution
1896 - Whitcomb Judson, Chicago, patents a hookless fastening, also know as the zipper
1917 - U.S. purchases Danish West Indies for $25M and renames them Virgin Islands
Agenda
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)
09 - 11: Bangkok Brewing Conference 2024 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
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:
02 - 04: 14th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Ciudad de Mexico (CDMX), Mexico)
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)
February 2025:
07 - 10: HoReCa 2025 (Athens, Greece)
16 - 18: BBTech Expo 2025 (Rimini, Italy)
21 - 23: Finest Spirits 2025 (Munich, Germany)
March 2025:
03 - 07: IBD Asia Pacific Convention 2025 (Hobart, Tasmania)
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Brewery News
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USA: AB InBev beers expected to lose an average 15% shelf space at US retailers
|
Bud Light’s splashy comeback bid is about to hit a speed bump in the beer aisle.
With Bud Light and Budweiser beer sales down, U.S.
...More info on site
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Namibia: Namibia Breweries reports increased sales, revenue in the half year to December 31, but net income drops
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Namibia Breweries Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was NAD
...More info on site
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Cameroon: Brewer SABC invests CFA313 billion over the past decade
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Cameroon’s brewing company SABC, a local subsidiary of the Castel Group, claimed a cumulative investment of CFA313 billion over the past decade, as reported
...More info on site
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Malaysia: Heineken, Carlsberg beer prices to go up by 5% from April 1
|
The price of beer produced by Heineken Malaysia Bhd and Carlsberg Brewery Malaysia Bhd will increase by around 5% from April 1, according to a report by Sin Chew.
It quoted Petaling Jaya Coffeeshop Association chairman Keu Kok Meng as saying that retailers had received an official notice on the matter from the two brands.
“We were informed about the matter three weeks ago,” he reportedly said.
Keu said the decision was made due to increasing operational and ingredient costs, and that the last time beer prices were raised was in July 2022, by about 6%.
He said the impending price hike for beer would impose a heavier burden on coffee shops than increases in other essentials such as coffee and tea powder, electricity and water bills, and sugar.
“There is only so much we can bear. Retailers like coffee shops have no choice but to raise our own prices,” he said.
The owner of a bar in Petaling Jaya also confirmed the matter to FMT.
Heineken Malaysia produces Heineken, Tiger Beer, Guinness, Strongbow, Apple Fox, Anchor, Kilkenny and Edelweiss, among others, while Carlsberg Malaysia’s products include Carlsberg, 1664, Somersby, Connor’s, and Skol.
FMT has reached out to Heineken Malaysia and Carlsberg Malaysia for comment.
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Barley News
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World: Barley crop 2024 expected to increase improving security of supply for 2025 requirements globally
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Barley crop 2024 is expected to increase over the crop 2023 level by 6.2 mln tonnes to 148.8 mln. This result, if achieved, greatly
...More info on site
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EU & UK: Barley crop forecast is down 1.1 mln tones amid weather concerns
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RMI Analytics’ crop 2024 EU+UK forecast is down 1.1 mln tonnes to 60 mln as weather raises concerns about crop potential.
Winter crops across Europe
...More info on site
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Canada: Slight decrease in area, production forecast for barley crop 2024
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Although some moisture has arrived in certain key barley regions in Canada, the benefit has been mixed as moisture has been variable, RMI Analytics
...More info on site
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EU: Wheat, barley exports decrease since the beginning of 2023/24
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According to the European Commission estimates, as of March 23, the exports of soft wheat from the EU countries since the beginning of 2023/24
...More info on site
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France: Winter barley crop rating drops, soft wheat rating stable this week
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The state of French soft wheat crops remained stable last week, although still at their worst in four years, data from farm office FranceAgriMer showed on March 29.
Some 66% of French soft wheat was rated as being in good or excellent condition by March 25, unchanged from the previous week but down from 94% a year earlier, FranceAgriMer said in a cereal report.
The rating was the lowest for the time of year since 2020, when French wheat crops were affected by heavy rain during planting.
Wet weather since autumn has disrupted planting and early crop development in France, the European Union's biggest grain producer, and other parts of western Europe.
The European Commission this week forecast that the European Union's main wheat crop will fall to a four-year low in 2024/25 due to a drop in the planted area.
Meanwhile, EU crop monitoring service MARS said winter grain crops were in mediocre condition in large parts of the bloc.
FranceAgriMer estimated that winter barley conditions were also at their poorest since 2020, with 67% of crops rated good/excellent, down slightly from 68% the previous week and 71% when FranceAgriMer resumed its ratings mid-February.
Spring barley sowings accelerated after a slow start, with 82% of the
...More info on site
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Canada: Southern Alberta seeing slight increase in feed barley prices
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Southern Alberta is seeing a slight bump up in feed barley prices, according to one trader.
Evan Peterson of JGL Commodities in Saskatoon said recent export sales of the grain have resulted in increased prices. He also said grain elevators have been more aggressive in barley purchases of late, Canadian Cattlemen reported on March 27.
“It is pushing prices up in southern Alberta, kind of from the lows of C$270 (per tonne) back up to probably C$300 delivered for April, May and June moving forward,” Peterson added.
He also explained that corn and barley prices are at near-parity.
“You’ve seen corn futures at US$4.40 per bushel, coming off the lows of US$4.00 per bushel, which is now putting corn at the same value as barley,” Peterson added.
Dry conditions on the Prairies are currently at the forefront of growers’ minds with many of them reluctant to forward price feed grains. However, heavy snowfall in parts of southern Alberta as well as central and southern Saskatchewan nearly a month ago have eased concerns.
“I think snow pack levels are getting a little bit better. Although I think we’re going into spring with below-average soil moisture,” Peterson said.
However, warmer temperatures are fast approaching as forecasts in the southern
...More info on site
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Whisky News
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UK: Beam-Suntory gets East Ayrshire approval for a new whisky maturation facility
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East Ayrshire councillors have given the go ahead to a £150m whisky maturation facility, despite vociferous opposition from people living and working near the site.
Beam-Suntory, the Japanese company which took over US whiskey giant Jim Beam and produces well known Scottish Whiskies, Laphroig and Ardmore. sought approval for the facility, which would hold up to half a million barrels of spirits at any one time.
Seven objectors were at East Ayrshire Council headquarters to make the case for refusing the application, focusing on the potential impact on the health and amenity of those living in the vicinity, and the environment, including the impact on the protected peatland.
Several questioned the assessment of the potential impact – particularly the issue of noise levels and of the risk around ethanol released through the barrels of whisky into the surrounding area – a process often described as the ‘Angels’ Share’.
However, planners pointed out that there had been no objections from the council’s Environmental Health team, SEPA, Ayrshire Roads Alliance or Naturescot.
Elliot Davis, who runs a hi-fi cabling company from the nearby B-Listed Kingswell Farm, claimed that he had correspondence between East Ayrshire Council’s Environmental Health service and the applicant, that a noise assessment would be
...More info on site
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