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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




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E-Malt.com Flash 40a
September 30 - October 02, 2024


Quote of the Week

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Currency Rates


Base Currency: Euro
on October 02, 2024
Base Currency: US Dollar
on October 02, 2024
      1 EUR = 1.1095 USD
1 EUR = 0.8328 GBP
1 EUR = 1.4993 CAD
1 EUR = 1.6076 AUD
1 EUR = 159.5570 JPY
1 EUR = 6.0447 BRL
1 EUR = 104.0110 RUB
1 EUR = 7.7960 CNY
      1 USD = 0.9012 EUR
1 USD = 0.7506 GBP
1 USD = 1.3513 CAD
1 USD = 1.4488 AUD
1 USD = 143.8040 JPY
1 USD = 5.4482 BRL
1 USD = 93.7477 RUB
1 USD = 7.0267 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


October 02, 2024
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 249.00-251.00 up1.63%
6RW Malting Barley (FOB Creil) 236.00-238.00 up1.28%
Feed Barley (FOB Creil) 198.00-200.00 up8.15%
2RS Malt (FOB Antwerp) 595.00-597.00 up0.83%
6RW Malt (FOB Antwerp) 579.00-581.00 up0.64%
French Barley/Malt
Crop 2025
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 261.00-263.00 up2.34%
6RW Malting Barley (FOB Creil) 239.00-241.00 up1.27%
Feed Barley (FOB Creil) 200.00-202.00 up2.03%
2RS Malt (FOB Antwerp) 610.00-612.00 up1.22%
6RW Malt (FOB Antwerp) 583.00-585.00 up0.64%
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 World: Citi upgrades AB InBev stock, sees margin growth and potential $1bn buyback ...Click here
Brewery news Nigeria: Diageo completes sale of shareholding in Guinness Nigeria to Tolaram ...Click here
Brewery news UK: AB InBev’s UK branch continues to suffer significant losses ...Click here
Brewery news Singapore: ThaiBev revives IPO plans for beer unit ...Click here
Brewery news Nigeria: AB InBev invests N512.8 billion in subsidiary International Breweries Plc ...Click here
Brewery news Europe: Japan’s Asahi now one of the biggest European beer producers ...Click here
Brewery news Namibia: Namibia Breweries Limited reports 19.8% revenue increase in past financial year ...Click here


More Industry News


Barley news Ireland: Barley to supply planned Malting Company of Ireland’s expansion to be needed as soon as next season ...Click here
Brewery news South Africa: Beer industry calling for excise tax in line with inflation or lower as current tax could lead to destruction of sector ...Click here
Barley news Ukraine: Ukraine’s grain exports exceed 10 mln tonnes as of September 27 ...Click here

Graph of the week



Table of the week

World Barley Trade


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


30 September
1452 - 1st book published, Johann Guttenberg's Bible
1988 - IBM announces shipment of 3 millionth PS/2 personal computer
1997 - Microsoft Corp releases Internet Explorer 4.0

01 October
1874 - Rotterdam opens drink water pipes
1888 - National Geographic magazine publishes for 1st time
1898 - Dutch railway Alkmaar-Receiver opens
1958 - NASA is created

02 October
1608 - Prototype of modern reflecting telescope completed by Jan Lippershey
1866 - J Osterhoudt patents tin can with key opener
1956 - 1st atomic power clock exhibited in New York City

Agenda

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 - 09: 15th International Trends in Brewing 'Beer & Society' 2025 (Leuven, Belgium)
06 - 08: Planete Biere 2025 (Paris, France)
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 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)

September 2025:
15 - 19: Drinktec 2025 (Munich, Germany)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsWorld: Citi upgrades AB InBev stock, sees margin growth and potential $1bn buyback
On Tuesday, October 1, Anheuser-Busch InBev received an upgrade from Citi, with the firm changing its stock rating from Neutral to Buy. The new ...More info on site


Brewery newsSingapore: ThaiBev revives IPO plans for beer unit
Thai Beverage Pcl is reviving plans for an initial public offering of its beer unit to take advantage of a rally in global stock ...More info on site


Brewery news Nigeria: Diageo completes sale of shareholding in Guinness Nigeria to Tolaram
Diageo announced on September 30 that it has completed the sale of its shareholding in Guinness Nigeria PLC to Tolaram. The sale was announced on 11 June 2024.

Guinness Nigeria PLC will continue the production and nationwide distribution of Guinness and its other locally manufactured brands in Nigeria under a licence and royalty agreement reflecting Diageo’s efficient and flexible beer operating model.

This transaction is in line with Diageo’s Growth Ambition to deliver the company’s next phase of sustainable growth. Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits and beer categories. These brands include Johnnie Walker, Crown Royal, J&B and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO).


Brewery newsUK: AB InBev’s UK branch continues to suffer significant losses
The UK branch of AB InBev, the brewer behind Budweiser, Stella Artois and Corona, has continued to suffer significant losses during its latest financial ...More info on site


Brewery news Nigeria: AB InBev invests N512.8 billion in subsidiary International Breweries Plc
Anheuser Busch InBev (AB InBev), the world’s leading beer maker, has demonstrated confidence in Nigeria through its latest investment of N512.8 billion in International Breweries Plc (IBPLC), its company in Nigeria, Business Day reported on September 29.

Nnaemeka Achebe, chairman of the Board of Directors, commended the company on behalf of its shareholders, particularly after its Rights Issue which enabled the repayment of its forex-denominated loan that impacted the company over the years.

“The elimination of our FX exposure will improve IBPLC’s cash flows and support the company’s return to profitability. The offer was supported by our core shareholder, AB InBev which followed their rights in full. This is a strong indication of AB InBev’s commitment and belief in the Nigerian market opportunity and overall Nigerian economy.

“We are proud of the strides we have made in strengthening our business foundation and positioning for sustainable growth,” he said.

According to Achebe, the repayment of the outstanding $379.9 million loan, enabled by the parent company, AB InBev has bolstered IBPLC’s financial position.

“This recapitalisation not only strengthens our balance sheet but also sets the stage for long-term profitability and growth. We are now better equipped to drive innovation, improve operational efficiency, and seize new opportunities,” he ...More info on site


Brewery news Europe: Japan’s Asahi now one of the biggest European beer producers
Asahi has achieved what many international beer brands could only dream of—taking on much-loved local brands and winning, Fortune reported on October 1.

A decade ago, when legendary Japanese brand Asahi was trying to work out how to break into the European beer market, it turned to a then-unfamiliar foe as a benchmark: the premium Italian brand Peroni Nastro Azzurro.

Soon, though, Peroni’s sales would become a much more vital benchmark for the beermaker, when Asahi snapped up the brand in 2016.

Asahi Super Dry, the premium Japanese beer popping up in Asian restaurants and a growing number of pubs across Europe, has quietly made much bigger waves in the region thanks to its parent company’s slew of acquisitions in the last decade, cementing its position as a major hitter on the continent.

The brewer anticipates €4.7 billion in revenue from Europe alone this year, a 5% jump from 2023, and €584 million in profit. Europe is now Asahi’s biggest market outside of Japan, making up 27% of its sales in the first half of 2024.

Asahi’s venture into the European market was no accident, and one CEO Atsushi Katsuki says had much to do with Japan’s ever-challenging aging population.

Japan’s working-age population has faced ...More info on site


Brewery news Namibia: Namibia Breweries Limited reports 19.8% revenue increase in past financial year
Namibia Breweries Limited (NBL) reported a 19.8% revenue increase driven by its diverse beverage portfolio in the past financial year, the Namibian reported on October 1.

According to a statement on the company’s condensed consolidated interim financial results for the period ended 30 June, NBL recorded an increase in net revenue to over N$4 billion.

“This was due to strong growth in the wine, cider and spirits portfolio, coupled with market share gains in beer,” the statement, issued by spokesperson Surihe Gaomas-Guchu, says.

During the second half of the year, the company’s contributions from South Africa showed improvement, while export revenue slowed, she says.

In addition, fixed-cost ratios improved, brought about by the integration of Distell and NBL.

In April last year, Heineken International acquired Distell Group Holdings Limited and NBL, which were combined with Heineken South Africa into a new Heineken majority-owned business to capture significant growth opportunities in southern Africa.

Heineken’s chief executive and chairman of the executive board, Dolf van den Brink, at the time said: “We are delighted to welcome over 5 400 talented employees of Distell and Namibia Breweries to Heineken, and look forward to adding more than €1 billion in net revenue and €150 million operating profit to our African ...More info on site


Brewery news South Africa: Beer industry calling for excise tax in line with inflation or lower as current tax could lead to destruction of sector
South Africa’s beer industry is calling for an excise tax that is in line with inflation or lower, with major producer South African Breweries (SAB) saying the current tax of 25% is excessive and could lead to the destruction of the beer industry, Mail & Guardian reported on September 30.

A recent report commissioned by SAB and undertaken by Oxford Economics Africa found that existing excise duties on beer are far above the levels stipulated in the country’s excise policy.

In terms of Schedule 1 Part 2A of the Customs Act, the guideline excise tax burden for beer is 23%, two percentage points lower than where it is.

The report said the government disproportionately relies on the beer industry for excise revenue, representing 34.7% of total excise revenue in 2023-24. This makes beer the largest of all excisable products.

Commenting on the report’s findings, SAB chief executive Richard Rivett-Carnac said the industry needed strong policy certainty about excise tax.

“We understand that the government is under pressure from a budgetary perspective. For 10 years we have seen inflated excise tax increases when compared with inflation,” Rivett-Carnac said in a statement.

“That is contrary to the policy and really impacts the industry — an industry ...More info on site



BarleyBarley News Barley


Barley news Ireland: Barley to supply planned Malting Company of Ireland’s expansion to be needed as soon as next season
Barley to supply the planned expansion of the Malting Company of Ireland’s (MCI) facilities in Co Cork will be needed as soon as next season, provided the project moves on track, the Irish Farmers Journal reported on October 1.

The MCI recently announced a planned expansion to take in 25,000t more malting barley.

The project will hopefully be completed by the second half of 2026. The Irish Farmers Journal understands that the planning application was being finalised last week.

MCI CEO Paul McGillicuddy told the Irish Farmers Journal: “We’d expect a phased increase in barley requirement from the 2025 harvest, feeding into 2026 production; a phased increase from next year.”

This barley will come from Dairygold and Tirlán suppliers. MCI is a joint venture between the two co-ops.

McGillicuddy said customers want sustainable grain.

“It’s crystal clear to me that they [customers] do want to use Irish crops and low-carbon, sustainable Irish crops.

“What is very clear as well is that they need to see robust, validated positions around the sustainability as well.

"That’s where we’re going to put a lot of focus, as well as the emissions on site, really developing a robust, regenerative programme that will bring value to our customers and enable them ...More info on site


Barley news Ukraine: Ukraine’s grain exports exceed 10 mln tonnes as of September 27
As of September 27, in MY 2024/25 Ukraine exported 10 mln 053 thsd tonnes of grains and pulses, which is 3 mln 714 thsd tonnes or 58.5% more than last year. This is reported on the website of the Ministry of Agrarian Policy and Food of Ukraine.

Exports of Ukrainian wheat amounted to 5 mln 802 thsd tonnes, which is 2 mln 687 thsd tonnes or 86.2% more than last year.

Ukrainian farmers also exported 1 million 253 thsd tons of barley and 7.5 thsd tons of rye.

Exports of Ukrainian corn amounted to 2 mln 734 thsd tonnes, which is 135 thsd tonnes or almost 5.2% more than last year.

In addition, 18.3 thousand tons of flour (or 24.4 thousand tons in terms of grain) were shipped abroad, which is 16.8 thousand tons or more than half as much as last year.



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