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E-Malt.com Flash 44a
October 28 - October 30, 2024
Quote of the Week
I can accept failure, everyone fails at something. But I can't accept not trying.
Michael Jordan
Currency Rates
Base Currency: Euro
on October 30, 2024 |
Base Currency: US Dollar
on October 30, 2024 |
| |
1 EUR = 1.0808 USD
1 EUR = 0.8323 GBP
1 EUR = 1.5023 CAD
1 EUR = 1.6464 AUD
1 EUR = 165.6880 JPY
1 EUR = 6.1883 BRL
1 EUR = 105.2500 RUB
1 EUR = 7.7098 CNY
|
|
1 USD = 0.9251 EUR
1 USD = 0.7700 GBP
1 USD = 1.3900 CAD
1 USD = 1.5232 AUD
1 USD = 153.2940 JPY
1 USD = 5.7258 BRL
1 USD = 97.3834 RUB
1 USD = 7.1335 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 30, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
242.00-244.00 |  2.02% |
| 6RW Malting Barley (FOB Creil) |
231.00-233.00 | 1.69% |
Feed Barley (FOB Creil) |
186.00-188.00 |  2.19% |
| 2RS Malt (FOB Antwerp) |
586.50-588.50 | 1.04% |
| 6RW Malt (FOB Antwerp) |
573.00-575.00 | 0.85% |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 | 1.55% |
| 6RW Malting Barley (FOB Creil) |
242.00-244.00 | 1.22% |
Feed Barley (FOB Creil) |
197.00-199.00 | 1.49% |
| 2RS Malt (FOB Antwerp) |
600.00-602.00 | 0.81% |
| 6RW Malt (FOB Antwerp) |
586.50-588.50 | 0.62% |
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.
China: Tsingtao Brewery's Q3 revenue and profit both decline year-on-year
...Click here
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Vietnam: Sabeco to invest US$39.4 million to boost stake in two Vietnam beer makers
...Click here
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The Netherlands & Georgia: Georgia Capital sells 92.4% of its beer and distribution business to Royal Swinkels
...Click here
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Australia: Barley crop forecast reduced by 0.5 mln tonnes
...Click here
|
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North America: Barley harvest effectively completed in Canada and the US
...Click here
|
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Argentina: Barley crop forecast unchanged at 5.2 mln tonnes
...Click here
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UK: Malting barley premium returns to historical average
...Click here
|
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Ukraine: Ukraine to plant more winter wheat and barley
...Click here
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UK: Government slashes draught duty by 1.7 per cent
...Click here
|
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Spain: Mahou San Miguel opens a brewery inside Madrid’s Santiago Bernabéu stadium
...Click here
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Japan: One-fourth of Japanese consumers choose low-alcohol beverages
...Click here
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Nigeria: Nigerian Breweries launch Heineken in 45cl bottles
...Click here
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Graph of the week
Table of the week
EU Barley Supply & Demand Forecast
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 October
1904 - St Louis police try a new investigation method - the fingerprints
1954 - Nobel prize for literature awarded to Ernest Hemingway
1986 - International Red Cross ousted from South Africa
29 October
1929 - The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression
1947 - Belgium, Luxembourg and Netherland form Benelux Union
1952 - Sweden begins experimental TV
2008 - Delta Air Lines merges with Northwest Airlines, creating the world's largest airline and reducing the number of US legacy carriers to five
30 October
1894 - Daniel Cooper patents time clock
1987 - August A Busch III becomes CEO of St Louis Cards
1989 - Mitsubishi Estate Co. agrees to pay $846 million for 51% of Rockefeller Center in New York City; by 1996, the Mitsubishi affiliate is so financially troubled that it sells Rockefeller Center for less than $400 million
Agenda
October 2024:
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)
12 - 15: Great British Beer Festival Winter 2025 (Magna Science Adventure Centre, Rotherham, UK)
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)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
16 - 18: VLB Africa Brewing Conference 2025 (Maputo, Mosambique)
20 - 22: Mondial de la Biere 2025 (Montreal, Canada)
August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2025:
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)
October 2025:
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
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Brewery News
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China: Tsingtao Brewery's Q3 revenue and profit both decline year-on-year
|
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Tsingtao Brewery's Q3 revenue and profit both declined year-on-year, with operating income at 8.891 billion RMB, a decrease of 5.28% year-on-year; while net profit
...More info on site
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Vietnam: Sabeco to invest US$39.4 million to boost stake in two Vietnam beer makers
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Sabeco plans to invest nearly VNĐ1 trillion (US$39.4 million) to boost its stake in two companies: Saigon Bình Tây Beer Group JSC (Sabibeco) and
...More info on site
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The Netherlands & Georgia: Georgia Capital sells 92.4% of its beer and distribution business to Royal Swinkels
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Georgia Capital PLC ("GCAP") announced on October 28 that it has entered into an agreement with a subsidiary of Royal Swinkels N.V. for the
...More info on site
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UK: Government slashes draught duty by 1.7 per cent
|
UK Chancellor Rachel Reeves has vowed to take a 'penny off the pint in the pub' as she slashed draught duty by 1.7 per cent - but drinkers will still face higher booze prices, Daily Mail reported on October 30.
In her maiden Budget speech, Ms Reeves unveiled a major tax raid in an effort to plug what she claimed was a £22bn 'black hole' in public finances.
Despite pledges to 'invest, invest, invest' and to pump 'more pounds in people's pockets', the Chancellor's staggering £40bn tax bomb on October 30 has been dubbed by critics as 'the biggest heist in modern political history'.
As part of her plans to try and overhaul public finances, Ms Reeves - who is just 118 days into her term as Britain's first female Chancellor - has hiked bus fares, national insurance, and capital gains tax.
But she said that she would cut duty on draft booze in pubs in a bid to drive down costs for some punters, with a penny reduction for pubgoers getting draught beer and lager at their locals.
'Nearly two-thirds of alcoholic drinks sold in pubs are served on draught,' Ms Reeves told MPs. 'So on October 30, instead of uprating
...More info on site
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Spain: Mahou San Miguel opens a brewery inside Madrid’s Santiago Bernabéu stadium
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The two Madrid emblems join forces to open a new experiential -and functional- project inside the famous soccer club. The Mahou San Miguel x Santiago Bernabéu team presents ‘Plaza Mahou‘, a new space dedicated to the iconic Madrid beer brand with a legacy of more than 130 years, Tapas Magazine reported on October 23.
This exciting opening for club members and beer lovers is a collective milestone for both that will allow Mahou to extend its diversification plan; glimpsing its power to generate experiences around its products. The space also makes history within the national beer culture by becoming the first brewery inside a sports stadium.
With this project, Mahou San Miguel pays tribute to its origin, tradition and brewing excellence, but also shows the enormous potential that this company has to innovate and create experiences that connect with different consumer profiles, both national and international,’ says Eduardo Diaz, director of Hospitality, Venues and Commercial Events at Mahou San Miguel. It is a luxury to be able to do it in a place like the Bernabéu which, like our Mahou brand, is linked to the name of Madrid and continues to evolve to contribute to the wealth and projection of the city,’
...More info on site
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Japan: One-fourth of Japanese consumers choose low-alcohol beverages
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Japanese consumers are now choosing low-alcohol beverages driven by health consciousness, according to a GlobalData survey which polled 500 respondents, Retail Asia reported on October 29.
The rising preference is primarily observed amongst the younger generation. The 25 to 34 age bracket had the highest percentage (56%) followed by the 18 to 24 age group at 49%.
In response, Japan’s Ministry of Health, Labor, and Welfare recommended alcohol consumption guidelines that prioritise health and promote responsible drinking.
“Consequently, key players in the market are adding low-alcohol by volume (ABV) products to attract health-conscious consumers,” Mariko Kadosaka, key account director at GlobalData Japan, noted.
For example, Asahi Breweries refrains from releasing products with alcohol levels exceeding 8%.
“Low-alcoholic beverages will play a significant role in the country’s drinking culture which will subsequently expand the market,” Mali said.
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Nigeria: Nigerian Breweries launch Heineken in 45cl bottles
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Nigerian Breweries Plc has launched 45cl bottle of its premium beer, Heineken, to solidify its leadership position in the beer market, Business Post Nigeria reported on October 30.
The brewer said the 45cl bottle combines sophistication and convenience because it was crafted with the fast-paced and social lifestyle of Nigerian cities in mind, becoming the perfect companion for any setting.
The unveiling of the addition was done at the Lagos Fashion Week 2024, which attracted several persons from the showbiz industry, its target audience.
The company also used the event to introduce the Heineken 45 Collection, proving once again why it’s a brand that doesn’t just serve drinks—it shapes culture.
The dual launch of the 45cl bottle and the 45 Collection marks a new chapter for Heineken in Nigeria, as it is a reminder that Heineken is more than just a drink; it’s part of the moments, stories, and experiences that shape our lives.
With the 45cl bottle, Heineken brings sophistication to any occasion, while the 45 Collection brings Nigerian creativity to the world stage, connecting fashion and refreshment in a way only Heineken can.
“For Heineken, partnering with Lagos Fashion Week reflects creativity, boldness, and the spirit of innovation—values that Heineken holds dear.
“We’re thrilled to
...More info on site
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Barley News
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Australia: Barley crop forecast reduced by 0.5 mln tonnes
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As barley harvest advances in Queensland and northern New South Wales, the initial reports are validating the expected very good crop result. GrainCorp has
...More info on site
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North America: Barley harvest effectively completed in Canada and the US
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With barley harvest effectively complete, RMI Analytics’ crop estimate for Canada is steady at 7.8 mln tonnes.
The US harvest result at 3.20
...More info on site
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UK: Malting barley premium returns to historical average
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UK’s malting barley premium has continued to come under pressure since it was last reported in September, falling back from the highs seen last
...More info on site
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Argentina: Barley crop forecast unchanged at 5.2 mln tonnes
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The Argentina barley crop continues to develop very well, supported by further rains, particularly in the east/north-east regions which needed moisture. The continued favourable
...More info on site
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Ukraine: Ukraine to plant more winter wheat and barley
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Ukraine will expand areas under winter crops through increasing the production of winter wheat and barley, Ukrainian media quoted First Deputy Agrarian Policy and Food Minister Taras Vysotsky as saying at the Ukraine Media Center on October 25.
Farmers are continuing to sow winter crops, Vysotsky said. Weather has not always been favorable during the autumn sowing campaign, with numerous areas suffering from drought; however, most of the regions saw rains in mid-October, which gives grounds to expect that winter crops will emerge well, he said.
Ukrainian farmers have reduced areas under winter rapeseed by 10% to 100,000 hectares due to adverse weather, Vysotsky said. In particular, farmers in the Dnepropetrovsk region, a major winter rapeseed producer, were unable to sow rapeseed this autumn because of the drought, he said.
"As for winter wheat and barley, we see growth of around 10% in terms of the sowing pace compared to last year. They're both expanding the areas and sowing faster," he said.
As of the start of this week, Ukraine sowed 8% more winter wheat and barley than as of the same dates last year, he said.
Speaking of weather challenges, Vysotsky recalled that weather in November and December 2023 was mild enough to prompt
...More info on site
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