If you want to see this letter from our site, please follow this link. https://www.e-malt.com/Publications.asp?19666
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 34a
August 19 - August 21, 2024


Quote of the Week

Amateurs sit around and wait for inspiration. The rest of us just get up and go to work.
Stephen King

             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: EUR223.00
Two-year individual subscription: EUR395.00
Save money when your colleagues join:

One-year group subscription for 2-5 members: EUR460.00
One-year group subscription for 6-10 members: EUR685.00
One-year group subscription for 11-20 members: EUR910.00
One-year group subscription for 21-50 members: EUR1,214.00
One-year group subscription for 51-100 members: EUR1,519.00
One-year group subscription for 101 and more members: EUR1,851.00

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 August 21, 2024
Base Currency: US Dollar
on August 21, 2024
      1 EUR = 1.1097 USD
1 EUR = 0.8530 GBP
1 EUR = 1.5119 CAD
1 EUR = 1.6479 AUD
1 EUR = 162.1340 JPY
1 EUR = 6.0334 BRL
1 EUR = 100.6980 RUB
1 EUR = 7.9054 CNY
      1 USD = 0.9011 EUR
1 USD = 0.7686 GBP
1 USD = 1.3625 CAD
1 USD = 1.4849 AUD
1 USD = 146.1030 JPY
1 USD = 5.4372 BRL
1 USD = 90.7467 RUB
1 USD = 7.1242 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


August 21, 2024
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 244.00-246.00 down1.21%
6RW Malting Barley (FOB Creil) 234.00-236.00 down2.08%
Feed Barley (FOB Creil) 172.00-174.00 down3.89%
2RS Malt (FOB Antwerp) 589.00-591.00 down0.62%
6RW Malt (FOB Antwerp) 577.00-579.00 down1.05%
French Barley/Malt
Crop 2025
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 245.00-247.00 down2.38%
6RW Malting Barley (FOB Creil) 240.00-242.00 down0.82%
Feed Barley (FOB Creil) 184.00-186.00 down1.60%
2RS Malt (FOB Antwerp) 590.50-592.50 down1.23%
6RW Malt (FOB Antwerp) 584.00-586.00 down0.42%
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 China: Beer market loses fizz as drinkers opt for cheaper brews ...Click here
Brewery news China: China Resources Beer reports increase in net income in H1 2024 ...Click here
Brewery news USA: Alcohol consumption remains steady despite growing health concerns, survey finds ...Click here
Brewery news Ireland: Alcohol consumption down in Ireland with beer accounting for 42.9% of the market ...Click here
Brewery news USA: Beer sales sluggish during the last four-week period ...Click here
Brewery news Malaysia: Carlsberg Brewery Malaysia’s net profit slips 10% in Q2 this year ...Click here
Brewery news Vietnam: Carlsberg continues to record growth in Vietnam despite declining market ...Click here

Barley news Canada: 2023-24 barley use forecast on par with the year prior ...Click here
Barley news Australia: Solid demand from Latin America bolsters Australia’s malting barley premium ...Click here
Barley news UK: Winter barley yields generally proving disappointing in the UK ...Click here


More Industry News


Barley news France: Spring barley condition dips 1%, 91% of harvest completed ...Click here
Brewery news South Africa: Heineken’s R6bn brewery heads to Pietermaritzburg ...Click here
Whisky news India: Diageo submits financial documents in probe of India unit ...Click here
Brewery news South Korea: Non-alcoholic and low-calory liquor gaining popularity in Korea ...Click here
Brewery news Japan: Major beer makers rushing to develop rain- and heat-resistant ingredients ...Click here
Brewery news USA, MA: AB InBev laying off nearly 200 Massachusetts employees ...Click here

Graph of the week



Table of the week

Australia Malt Exports 2019-2023


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


19 August
1888 - 1st beauty contest (Spa, Belgium), 18 year old West Indian wins
1897 - 1st electric taxi's drive in London
1946 - Bill Clinton was born, the 42nd US President. (Former Little Rock Attorney)

20 August
1741 - Alaska discovered by Danish explorer Vitus Bering
1896 - Dial telephone patented
1960 - USSR recovers 2 dogs, 1st living organisms to return from space

21 August
1897 - Oldsmobile begins operation as a General Motors Corp division
1975 - U.S. lightens trade embargo against Cuba
1991 - Communist coup is crushed in U.S.S.R. in 2 days

Agenda

August 2024:
23 - 24: Beervana 2024 (Wellington, New Zealand)

September 2024:
02 - 04: 14th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Ciudad de Mexico (CDMX), Mexico)
05 - 07: 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)
10 - 13: Mondial de la Biere Rio 2024 (Rio de Janeiro, Brazil)
17 - 19: Warsaw Beer Festival 2024 (Warsaw, Poland)
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:
06 - 07: Glug Swiss 2025 (Alte Reithalle, Aarau, Switzerland)
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)
12 - 15: Festival Brasileiro da Cerveja 2025 (Blumenau, Brazil)
19 - 20: BeerX 2025 (Liverpool, UK)
25 - 27: Expo Antad & Alimentaria Mexico 2025 (Expo Guadalajara, Jalisco, Mexico)

April 2025:
03 - 05: Warsaw Beer Festival 2025 (Warsaw, Poland)
06 - 08: Planete Biere 2025 (Paris, France)
06 - 09: 15th International Trends in Brewing 'Beer & Society' 2025 (Leuven, Belgium)
10 - 12: KIBEX 2025 (Seoul, South Korea)
11 - 12: InnBrew 2025 (Barcelona, Spain)
15 - 17: Craft Beer China 2025 (Shanghai, China)
28 - 01 May: Craft Brewers Conference & BrewExpo America 2025 (Indianapolis, USA)

May 2025:
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsChina: Beer market loses fizz as drinkers opt for cheaper brews
For years, beer brands have been pushing premium products in China, thirsty to tap the consumption power of the growing middle class. But the ...More info on site


Brewery newsChina: China Resources Beer reports increase in net income in H1 2024
China Resources Beer (Holdings) Company Limited reported earnings results for the half year ended June 30, 2024. For the half year, the company reported ...More info on site


Brewery news Ireland: Alcohol consumption down in Ireland with beer accounting for 42.9% of the market
Alcohol consumption in Ireland is down by almost one-third in the past two decades, according to a study.

Average alcohol consumption continues to fall based on CSO population figures and Revenue alcohol clearance data.

Beer accounts for 42.9 per cent of the alcohol market in Ireland, according to the report authored by economist and associate professor emeritus at DCU Anthony Foley.

Overall, the long-term decline in alcohol consumption over the past two decades indicates that Irish adults are enjoying beer, wine and spirits more moderately and differently,” a Drinks Industry Group of Ireland spokesperson said.

The findings, published on August 19, also show that average per adult alcohol consumption has declined by 31 per cent since its 2001 peak.

While total alcohol consumption increased by 0.9 per cent in 2023 compared with 2022, the average per person decreased due to a 2.4 per cent increase in the adult population over the same period.

The report, commissioned by the Drinks Industry Group of Ireland (DIGI), shows that average per adult alcohol consumption decreased by 1.5 per cent.

This equates to 9.96 litres of pure alcohol last year as opposed to roughly 10.11 litres in 2022.

Beer is the most popular drink, making up 42.9 per cent of all ...More info on site


Brewery news USA: Alcohol consumption remains steady despite growing health concerns, survey finds
Nearly half of Americans now believe that moderate drinking, defined as one or two alcoholic beverages a day, is harmful to health, according to a recent Gallup survey. This sentiment is even stronger among younger adults, with 65% of those aged 18 to 34 considering any alcohol consumption unhealthy, compared to 37% of those aged 35 to 54, FingerLakes.com reported on August 19.

The survey also found that 45% of all adults view moderate drinking as detrimental, a six-point increase from last year. Despite this growing concern, the average American’s alcohol consumption remains steady at four drinks per week.

Beer remains the most popular alcoholic beverage, narrowly edging out wine, while whiskey and spirits are preferred by 29% of respondents.


Brewery news USA: Beer sales sluggish during the last four-week period
U.S. beer sales were sluggish during the latest four-week tracking period monitored by Nielsen, MSN reported on August 20.

Sales were down 2.3% compared to a year ago, as a 4.1% drop in volume was partially offset by a 1.8% increase in price/mix.

Anheuser-Busch InBev commanded a 36.9% U.S, beer market share as its four-week sales were down 2.1% Y/Y to outpace the marks from Molson Coors (-6.2%), Heineken (-7.1%), Pabst (-5.4%), Boston Beer (-6.2%), Yuengling (-12.4%), and Diageo (-0.7%). Michelob Ultra boosted BUD's sales once again.

Beer makers with positive growth over the four-week tracking period included Constellation Brands (+3.5% Y/Y), Sierra Nevada (+0.5%), and New Belgium (+0.8%).

Beer scorecard: Kiring Holding and Anheuser-Busch InBev are the two beers with the highest quantitative analysis grades. In terms of dividend payouts, Ambev S.A. and Carlsberg A/S have the highest yields for new buyers of the stock. Over the last 52 weeks, Anheuser-Busch InBev has the top share price return at +9.2%. Carlsberg trades with the lowest forward PE ratio. Molson Coors is the beer stock with the highest percentage of short interest outstanding on it.



Brewery newsMalaysia: Carlsberg Brewery Malaysia’s net profit slips 10% in Q2 this year
Carlsberg Brewery Malaysia Bhd said its net profit slipped 10% in the second quarter from a year earlier, partly due to higher marketing spending ...More info on site


Brewery newsVietnam: Carlsberg continues to record growth in Vietnam despite declining market
Carlsberg continues to record growth in the declining Vietnamese beer market, said Carlsberg Breweries A/S CEO Jacob Aarup-Andersen at the performance review of the ...More info on site


Brewery news South Africa: Heineken’s R6bn brewery heads to Pietermaritzburg
The Dolphin Coast on the north coast of KwaZulu-Natal will be dealt a heavy blow as Heineken Beverages, the world’s second-largest beer producer, looks elsewhere in the province to construct its brewery worth more than R6-billion, Sunday World reported on August 19.

Initially, indications were that the multinational corporation had agreed that its new brewery would be located next to the Dube Trade Port, an economic zone, a stone’s throw away from the King Shaka International Airport.

But insiders said the company had changed its heart on the location because it wanted a site where the project would quickly get off the ground.

“What would have hindered the company from establishing itself near the airport is mainly the rigorous application process that comes with setting up a plant. Remember, this should be a five-year project. The sites which have been identified meet all the necessary requirements such as water use licence and environmental impact assessment” said the insider not authorised to speak to the media.

Sunday World also understands that Cato Ridge, near Pietermaritzburg, is now the preferred destination for the brewery. The area is part of eThekwini metro’s N3 corridor development poised for massive catalyst projects over the ...More info on site


Brewery news South Korea: Non-alcoholic and low-calory liquor gaining popularity in Korea
Liquor with non-alcoholic and low calories is gaining huge popularity. Even with similar experiences, the "Helsifle Leisure" trend, which cares about health, has deeply permeated the drinking culture, Mk.co.kr reported on August 19.

The beer industry is expanding related products, believing that products that have significantly lowered alcohol content or calories will continue to increase market share in the future. Euromonitor, a market research company, announced on the 19th that the domestic non-alcoholic beer market, which was only KRW 1.3 billion in 2012, recorded KRW 41.5 billion in 2021. It is expected to reach 70 billion won this year and is expected to surpass 100 billion won by 2027.

Under the current law, if the alcohol content is less than 1 degree, it can be marked as non-alcoholic or non-alcoholic. If there is no alcohol at all, it is called non-alcohol, and if it is included in a very small amount, it is called non-alcohol The market is expected to grow even larger when low-dose beer, which is made softer than existing alcoholic beverages, is included.

A few years ago, the perception that non-alcoholic beer is less flavorful was not noticed. This is because of the conventional wisdom that 'if you're not ...More info on site


Brewery news Japan: Major beer makers rushing to develop rain- and heat-resistant ingredients
Major Japanese breweries are rushing to develop rain- and heat-resistant varieties and novel cultivation techniques for barley and hops, the main ingredients of beer, Jiji Press reported on August 19.

Such ingredients are no exception to the impact that climate change is seen having on many agricultural products, such as lower quality and reduced yields.

“It is possible that a can (of beer) will cost 800 yen or more in the future,” an industry official said regarding worries over possible difficulties procuring ingredients due to abnormal weather. In such a case, “nobody would drink beer, and (the beer market) would continue to shrink.”

Sapporo Breweries Ltd. successfully developed this year barley that is both rain-resistant and creates good flavor and durable foam when brewed.

Barley often germinates if exposed to prolonged rain right before being harvested, rendering it unusable for beer, whereas the newly developed variety reduces the risk of germination in such conditions by about six-sevenths, according to Sapporo Breweries.


Brewery news USA, MA: AB InBev laying off nearly 200 Massachusetts employees
United States’ largest brewing company, which owns multiple brands such as Budweiser, Michelob, Stella Artois, and Bud Light, is laying off nearly 200 Massachusetts employees, Boston.com reported on August 19.

On August 15, Anheuser-Busch InBev announced it is closing its wholesale production at AB One at 440 Riverside Ave. in Medford as it transitions to a new Massachusetts-based distributor, Quality Beverage.

“We continuously assess our operational footprint to ensure our entire system is set up for long-term success,” said Simon Wuestenberg, U.S. chief sales officer at Anheuser-Busch, in a statement. “The transition of these operations will ensure that Anheuser-Busch and our network of independent distributors will continue to drive the growth of our iconic portfolio of brands while providing world-class service to our retail customers across Massachusetts.”

According to the notice provided to the state, Anheuser-Busch plans to lay off 193 employees, which will go into effect between Nov. 1 and Nov. 14.

A spokesperson for Anheuser-Busch said the company is working with Quality Beverage to ensure a “smooth transition” for its operations and local teams, including some job opportunities for Boston-based employees, but did not say how many.

“We are pleased to expand our relationship with Anheuser-Busch into the greater ...More info on site



BarleyBarley News Barley


Barley newsCanada: 2023-24 barley use forecast on par with the year prior
For 2023-24, Canada’s total domestic barley use is forecast at 5.9 million tonnes (Mt), relatively on par with the year prior, Agriculture and Agri-Food ...More info on site


Barley news Australia: Solid demand from Latin America bolsters Australia’s malting barley premium
Solid demand from Latin American countries for Australian malting barley is helping to widen its premium to feed barley, according to Australian Export Grains Innovation Centre markets manager Mary Raynes, Grain Central reported on August 19.

Speaking mostly at the July 29 Grain Industry Association of Western Australia’s annual barley forum, Ms Raynes said the Latin American market had emerged after China imposed its tariffs in 2020, and was significant now from a value and volume perspective.

Ms Raynes said Latin American markets, including Mexico, have grown to a substantial level.

“They’re our major malting markets outside of Australia and China,” Ms Raynes said.

“Without those…malting markets, the spread between feed and malting potentially would be tighter.”

Mexico imports close to 440,000 tonnes of malting barley per annum, and for the second consecutive year, it is importing 80 percent of that total from Australia.

Mexico’s major brewers are Heineken and ABI, which were previously obliged by the Mexican Government to consume a proportion of Mexican malting barley based on carbon and sustainability requirements.

Ms Raynes said when compared with Mexico’s own barley, the malting traits of Australian barley make it capable of satisfying those requirements.

“Mexico, Ecuador and Peru have become valued customers of Australia and are only ...More info on site


Barley newsUK: Winter barley yields generally proving disappointing in the UK
While harvest is progressing well in the UK, yields are generally proving disappointing, with averages down for winter wheat, winter barley and oilseed rape, ...More info on site


Barley news France: Spring barley condition dips 1%, 91% of harvest completed
Some 47% of the soft wheat crop was rated good to very good, well below the rate of 76% seen in 2023, Fastmarkets reported on August 20.

The soft wheat harvest advanced by 10 percentage points during the week, reaching 98% by August 12, ahead of this time last year when 95% of the wheat crop had been harvested, and also above the five-year average of 95%.

The country’s agriculture ministry forecasts a sharp decline in soft wheat production to 25.2 million tonnes in 2024, down by 25% from the previous year and 27% below the five-year average.

The gloomy outlook is largely due to persistent rain, a lack of sunlight and cold weather, which have encouraged diseases that have significantly affected crop yields and quality in most of France’s agricultural regions.

Other grains, such as winter barley, have also been badly hit.

Durum wheat conditions were stable week on week, with 58% of the crop rated good to very good, down from 67% in the corresponding period of 2023.

The durum harvest progressed by 1 percentage points to 100% complete.

The average date for this stage is nine days later than 2023 and eight days later than the average for the previous five years.

Spring barley conditions ...More info on site



WhiskyWhisky News Whisky


Whisky news India: Diageo submits financial documents in probe of India unit
Spirits group Diageo's Indian unit has submitted financial documents sought by New Delhi anti-corruption police in an investigation related to billing and discount practices involving city agencies, a source familiar with the matter was quoted as saying by Reuters on August 19.

Hina Nagarajan, the CEO of Diageo's Indian unit, United Spirits was summoned to appear before New Delhi police on July 26 in the case that relates to company's supply of liquor to government agencies running alcohol shops and payments received from the city between 2017 and 2020.

Nagarajan, who is also a member of Diageo's global executive committee, was asked to appear in person or through company representatives and to provide several documents related to company sales.

Nagarajan did not appear before police but after the July notice, Diageo through company representatives submitted many documents that were sought from the three-year period, said the source, who declined to be named due to a lack of authority to speak to media.

The documents submitted included certain bank statements, records of financial dealings with the Delhi city agencies to which liquor was supplied and some agreements signed with them, the source added.

Diageo India and Delhi anti-corruption police did not respond to repeated requests for ...More info on site


Copyright © E-Malt s.a. 2024