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E-Malt.com Flash 40b
October 03 - October 06, 2024
Quote of the Week
Be miserable. Or motivate yourself. Whatever has to be done, it's always your choice.
Wayne Dyer
Currency Rates
Base Currency: Euro
on October 04, 2024 |
Base Currency: US Dollar
on October 04, 2024 |
| |
1 EUR = 1.1033 USD
1 EUR = 0.8387 GBP
1 EUR = 1.4929 CAD
1 EUR = 1.6098 AUD
1 EUR = 161.9300 JPY
1 EUR = 6.0221 BRL
1 EUR = 104.9420 RUB
1 EUR = 7.7713 CNY
|
|
1 USD = 0.9063 EUR
1 USD = 0.7601 GBP
1 USD = 1.3532 CAD
1 USD = 1.4590 AUD
1 USD = 146.7650 JPY
1 USD = 5.4585 BRL
1 USD = 95.1198 RUB
1 USD = 7.0440 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 04, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
249.00-251.00 |  |
| 6RW Malting Barley (FOB Creil) |
236.00-238.00 | |
Feed Barley (FOB Creil) |
198.00-200.00 | |
| 2RS Malt (FOB Antwerp) |
595.00-597.00 | |
| 6RW Malt (FOB Antwerp) |
579.00-581.00 | |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
261.00-263.00 | |
| 6RW Malting Barley (FOB Creil) |
239.00-241.00 | |
Feed Barley (FOB Creil) |
200.00-202.00 | |
| 2RS Malt (FOB Antwerp) |
610.00-612.00 | |
| 6RW Malt (FOB Antwerp) |
583.00-585.00 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
USA: Constellation Brands says growth in beer business offset weakness in wine and spirits but shares stagger to sharp loss
...Click here
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Singapore: ThaiBev to allocate 18 mln baht for expansion this year
...Click here
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World: Global malting barley price trend turns slightly more upward
...Click here
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EU & UK: Malting barley prices slightly up after higher wheat futures in Paris
...Click here
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Vietnam: Heineken urges Vietnam to reconsider excise tax
...Click here
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Russia: Export duty on barley, wheat to increase next week
...Click here
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Graph of the week
Table of the week
World Barley Trade
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 October
1906 - SOS adopted as warning signal by 1st conference on wireless telegraphy
1922 - 1st facsimile photo send over city telephone lines, Washington, DC
1952 - 1st video recording on magnetic tape, Los Angeles, California
04 October
1910 - 1st public elevator (London's Earl's Court Metro Station)
1957 - USSR launches Sputnik I, 1st artificial Earth satellite
1958 - USSR Luna 3 sent back 1st photos of Moon's far side
1976 - Official launch of the InterCity 125 high speed train
05 October
1887 - Rene Cassin is born, pacifist, Nobel Peace Prize 1968
1902 - Ray Kroc born in Illinois, founder of McDonalds and owner of the San Diego Padres
1991 - The first official version of the Linux kernel, version 0.02, is released
1993 - Daimler-Benz becomes the first German company to be listed on the New York Stock Exchange
06 October
1781 - Benjamin Hanks patents self-winding clock
1889 - Thomas Edison shows his 1st motion picture
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)
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Brewery News
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USA: Constellation Brands says growth in beer business offset weakness in wine and spirits but shares stagger to sharp loss
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Shares of Constellation Brands Inc. staggered to a sharp loss on October 3, after the parent of Modelo and Corona beer brands beat adjusted profit expectations, but only after excluding a large non-cash loss booked for writing down the value of its wine and spirits business, MarketWatch reported.
Overall sales rose, as growth in the beer business offset weakness in wine and spirits, but came up a bit shy of expectations.
“[W]e continue to face incremental category headwinds in our wine and spirits business, particularly in the lower-priced segments,” said Chief Executive Bill Newland on the post-earnings call with analysts, according to an AlphaSense transcript.
And Newland said that although the beer business was growing, it was being held back by the challenging macroeconomic backdrop, where rising unemployment rates have hurt consumer demand.
Looking ahead, the company nudged up its adjusted profit outlook but trimmed its view on sales growth, amid continued weakness in wine and spirits.
Newland said “the current macroeconomic environment has weighed on beverage alcohol,” as well as on the broader consumer packaged goods market, but the company continued to outperform the industry and remained the top market-share gainer in the beer business.
For the quarter to Aug. 31, the company swung to
...More info on site
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Singapore: ThaiBev to allocate 18 mln baht for expansion this year
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Thai Beverage (ThaiBev), the Singapore-listed food and beverage company, plans to allocate 18 billion baht this year for expansion both domestically and internationally.
Chief executive Thapana Sirivadhanabhakdi unveiled the group's "Passion 2030" vision, a new five-year strategic plan that promises agility to adapt to evolving consumer behaviour, providing digital solutions catering to customer needs and preferences.
As the service sector has huge room for growth, the group views the digital platform as primed for expansion.
Prapakon Thongtheppairot, executive vice-president in charge of spirit products, said the company will grow its spirits product group over the next five years by exploring opportunities in foreign markets. The company set a total investment budget of 18 billion baht for this fiscal year, from Oct 1, 2024 to Sept 30, 2025, for all products, including food, alcohol and non-alcoholic beverage (NAB). Of the total, the company will invest 2.5 billion baht in Cambodia, he said.
Kosit Suksingha, executive vice-president in charge of NAB and chief of digital and technology, said the company will invest in the AgriValley project in Malaysia with a total budget of 8 billion baht. The project aims to raise 20,000 cows in an area covering 2,726 hectares.
"The project in Malaysia will be an integrated
...More info on site
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Vietnam: Heineken urges Vietnam to reconsider excise tax
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Vietnam should reconsider raising the excise tax on alcoholic drinks, including making a timeline for gradual implementation and different tax rates for different products, says Heineken Vietnam managing director Wietse Mutters, The Investor reported on October 3.
Wietse Mutters, who became head of Heineken Vietnam in August, made the suggestion at a Tuesday meeting with Ho Chi Minh City Chairman Phan Van Mai. The executive also called on HCMC authorities to help Heineken deliver the recommendations to higher authorities.
Backing the suggestions, Mai said he would discuss the issues with ministries and committees of the National Assembly. He also urged Heineken Vietnam to further help HCMC’s green economic growth plan, towards carbon neutrality.
Mutters noted that renewable energy now accounts for 99% of the Heineken plants’ activities in Vietnam, and Heineken Vietnam has reduced carbon emissions by 93% versus 2018, towards neutrality in 2030.
Mutters also highlighted Heineken’s economic contributions to Vietnam, including investments exceeding €1 billion, being the largest Dutch investor in Vietnam to date.
Heineken has so far created over 172,500 jobs and accounted for nearly 0.5% of Vietnam’s GDP. In 2024, Heineken Vietnam is expected to contribute VND12 trillion ($485.8 million) to HCMC’s budget.
The National Assembly, Vietnam’s highest legislative body, is set
...More info on site
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Barley News
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World: Global malting barley price trend turns slightly more upward
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Globally, the world’s malting barley price trend has turned slightly more upward, led by France and Australia. Meanwhile, Canada and Argentina still face the
...More info on site
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EU & UK: Malting barley prices slightly up after higher wheat futures in Paris
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Excitement in grain prices has arrived for French Creil and Mosel malting barley prices, which are up slightly in the path of higher wheat
...More info on site
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Russia: Export duty on barley, wheat to increase next week
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The export duty on Russian wheat will rise 6.6% to 1,328.3 rubles per tonne in the week starting October 9 from 1,246 rubles per tonne during the previous duty period, the Agriculture Ministry said on October 4.
The duty on barley will increase to 229.5 rubles per tonne from 190.8 the previous week, while the duty on corn will decline 3.2% to 2,696.7 rubles per tonne from 2,786.2 rubles per tonne.
Duty rates are based on indicative prices of $213.40 per tonne for wheat against $213.40 per tonne in the previous period, $184 per tonne for barley versus $185 per tonne, and $222.30 per tonne for corn against $225 per tonne.
The duties are valid until October 15, inclusive.
Russia introduced a grain damper mechanism on June 2, 2021, which stipulates floating duties on the export of wheat, corn and barley and the return of funds received from them to subsidize agricultural producers. The duties are calculated weekly from indicators based on the prices of export contracts registered on the Moscow Exchange . Duty rates were calculated in dollars initially and in rubles since July 2022. The duty is 70% of the difference between reference and indicative prices.
The Agriculture Ministry on June 1, 2023,
...More info on site
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