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E-Malt.com Flash 20b
May 16 - May 19, 2024
Quote of the Week
The secret of change is to focus all your energy, not on fighting the old, but on building the new.
Socrates
Currency Rates
Base Currency: Euro
on May 17, 2024 |
Base Currency: US Dollar
on May 17, 2024 |
| |
1 EUR = 1.0873 USD
1 EUR = 0.8578 GBP
1 EUR = 1.4804 CAD
1 EUR = 1.6276 AUD
1 EUR = 168.3090 JPY
1 EUR = 5.5780 BRL
1 EUR = 98.7349 RUB
1 EUR = 7.8450 CNY
|
|
1 USD = 0.9196 EUR
1 USD = 0.7889 GBP
1 USD = 1.3615 CAD
1 USD = 1.4968 AUD
1 USD = 154.7860 JPY
1 USD = 5.1302 BRL
1 USD = 90.8076 RUB
1 USD = 7.2152 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 17, 2024 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
353.00-355.00 |  2.91% |
| 6RW Malting Barley (FOB Creil) |
213.00-215.00 |  |
| 2RS Malt (FOB Antwerp) |
717.00-719.00 | 1.74% |
| 6RW Malt (FOB Antwerp) |
545.00-547.00 | |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
275.00-277.00 |  1.43% |
| 6RW Malting Barley (FOB Creil) |
249.00-251.00 | 2.72% |
Feed Barley (FOB Creil) |
209.00-211.00 | 5.83% |
| 2RS Malt (FOB Antwerp) |
627.00-629.00 | 0.78% |
| 6RW Malt (FOB Antwerp) |
595.00-597.00 | 1.42% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
274.00-276.00 | 0.18% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
EU: Weather “far more important” than sport for beer sector in Europe this summer
...Click here
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Vietnam: Brewers struggling to recover amidst ongoing challenges
...Click here
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Zimbabwe: Delta Corporation’s annual profit surges by 59.2%
...Click here
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Cote d’Ivoire: Castel’s subsidiary SOLIBRA reports robust growth in FY2023 net profit
...Click here
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Australia: Barley crop forecast up on expectations of increased area
...Click here
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Canada & USA: Barley crop forecast for Canada increased due to improvement in moisture conditions
...Click here
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EU: Barley crop forecast up by 0.5 mln tonnes on better prospects for crop in Spain
...Click here
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Argentina: Barley crop forecast up 0.2 mln tonnes thanks to improved weather
...Click here
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Ireland: Diageo to invest over €100 million to decarbonise Guinness' home site in Dublin
...Click here
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Kazakhstan & Russia: Carlsberg Kazakhstan loses case related to Baltika beer brand
...Click here
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UK: Brits to spend £2.4 billion on beer during Euros 2024 tournament
...Click here
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Graph of the week
Table of the week
North America's Barley Imports, Production, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
16 May
1911 - Supreme Court dissolves Standard Oil with the Sherman Antitrust Act
1930 - Two Texas engineers found a company called Geophysical Service Inc. to use seismographic technology to improve the business of exploring for oil
1949 - The Tokyo Stock Exchange, originally founded in 1878, reopens for business after the devastation of World War II
1951 - The first regularly scheduled transatlantic flights begin between Idlewild Airport (now John F Kennedy International Airport) in New York City and Heathrow Airport in London, operated by El Al Israel Airlines
17 May
1892 - George Sampson patents clothes dryer
1921 - Belgian-Luxembourg sign customs union
1968 - European Space Research Org launches 1st satellite
18 May
1801 - Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London
1804 - Napoleon Bonaparte is proclaimed Emperor of the French by the French Senate
1822 - Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 - European Convention on Human Rights goes into effect
1969 - Apollo program: Apollo 10 is launched
19 May
1892 - Charles Brady King invents pneumatic hammer
1913 - William Reddington Hewlett is born, American Businessman
1939 - 1st regular transatlantic airmail (New York to Marsseille France)
Agenda
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)
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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EU: Weather “far more important” than sport for beer sector in Europe this summer
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Reports of rising volumes at the world's largest brewers in the first quarter of 2024 have offered hope that the trend of declining unit
...More info on site
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Vietnam: Brewers struggling to recover amidst ongoing challenges
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Following a difficult 2023 with slow economic recovery and tightened regulations on alcohol restrictions during traffic, Vietnamese brewers’ business activities have improved in the
...More info on site
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Zimbabwe: Delta Corporation’s annual profit surges by 59.2%
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Delta Corporation’s profit surged by 59.2 percent to US$100,5 million in the full year to March 31, 2024 from US$63 million in the comparative
...More info on site
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Cote d’Ivoire: Castel’s subsidiary SOLIBRA reports robust growth in FY2023 net profit
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Société de Limonaderies et de Boissons Rafraîchissantes d'Afrique (SOLIBRA), a subsidiary of the French group Castel with a 76.8% stake held by BGI, announced
...More info on site
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Ireland: Diageo to invest over €100 million to decarbonise Guinness' home site in Dublin
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Diageo has announced plans to invest over €100 million to decarbonise Guinness' home site at St. James’s Gate in Dublin, Drinks International reported on May 16.
Guinness has been brewed at the site for 264 years as the investment underpins the goal to accelerate to net zero carbon emissions, with the aim to make it “one of the most efficient breweries in the world by 2030”, the brand said.
Diageo’s global chief executive officer, Debra Crew, said: “We’re 260 years into our 9,000-year lease at St. James’s Gate and this investment will ensure that Guinness has an exciting and long-term sustainable future.”
The investment announcement will enable St. James’s Gate to entirely phase out the use of fossil fuels in its direct brewing operations. By 2030 the site’s renewable energy strategy will combine the use of grid-supplied electrical power heat pumps and biogas generated within a new water recovery facility.
Diageo is preparing a planning application for the project that will be submitted to Dublin City Council later this year.
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Kazakhstan & Russia: Carlsberg Kazakhstan loses case related to Baltika beer brand
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Carlsberg Kazakhstan has lost the case related to the brand of Baltika in the court of appeals, Kursiv.kz reported on May 15.
In late January, the Russian court banned Carlsberg from using this label in Kazakhstan and five other CIS countries. In March, the Kazakhstani division of the Dutch company appealed to the St. Petersburg arbitration court. However, on May 14, the court of appeals decided to uphold the verdict of the lower court.
Carlsberg Group announced its plan to sell Baltika Brewery, its main Russian asset, in late June 2023. However, in July, President of Russia Vladimir Putin signed an edict demanding the Federal Agency for State Property Management to take control of the company. Carlsberg described it as a «hostile takeover» as the Dutch concern evaluated its Russian assets at $1 billion.
Baltika and Carlsberg Group had been fighting in courts for the trademarks since then. On October 3, 2023, Carlsberg banned Baltika from producing Holsten, Tuborg, Kronenbourg, Seth & Riley’s Garage, Grimbergen and Carlsberg starting from April 2024.
In turn, Baltika appealed to the Russian authorities in December 2023 with the request to protect its trading marks abroad. The company stated that on July 19, 2023, several representatives of Baltika
...More info on site
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UK: Brits to spend £2.4 billion on beer during Euros 2024 tournament
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Brits are estimated to drink 604.5 million pints during this summer’s 2024 Euros tournament, new research finds, with spending predicted at £2.4bn over the 33 day championship, The Drinks Business reported on May 15.
Takepayments, a digital payment solutions providers, has conducted the research, analysing data, including the average price of a pint in the UK and our average beer consumption in Britain.
According to the research, Brits are likely to drink 604.5 million pints during the 33 day tournament, with 18,000 pints forecast to be consumed per day.
The total expenditure on beer during the Euros could be over £2.4 billion, a welcome influx for the country’s on-trade venues.
Pubs showing the matches are likely to benefit most. the Euro 2020 finals attracting 31 million TV viewers in the UK, and research from CGA by NielsenIQ into the 2020 Euros showed average daily sales soaring by 64% at venues where the tournament was shown, showing the overwhelming impact of the sport on sales. CGA also recorded a 5% drop in revenues at venues which were not showing the games.
Pubs will also be allowed to serve alcohol later if England or Scotland reach the semi-finals, it was announced last week.
The first game of the
...More info on site
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Barley News
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Australia: Barley crop forecast up on expectations of increased area
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The situation continues to develop within an environment of two extremes in Australia, with dryness a key concern in Western Australia, South Australia, and
...More info on site
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Canada & USA: Barley crop forecast for Canada increased due to improvement in moisture conditions
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Over the past two weeks, a dramatic improvement in moisture conditions took place in Canada. This moisture reversed the building drought conditions across parts
...More info on site
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EU: Barley crop forecast up by 0.5 mln tonnes on better prospects for crop in Spain
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Strategie Grains has increased its monthly forecast for this year’s soft wheat crop in the European Union by 1.7 million metric tons to 123.5
...More info on site
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Argentina: Barley crop forecast up 0.2 mln tonnes thanks to improved weather
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Conditions continue to improve across key barley regions in South America with further rain setting up a very good soil moisture situation, RMI Analytics
...More info on site
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