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E-Malt.com Flash 47a
November 18 - November 20, 2024
Quote of the Week
Before anything else, preparation is the key to success.
Alexander Graham Bell
Currency Rates
Base Currency: Euro
on November 20, 2024 |
Base Currency: US Dollar
on November 20, 2024 |
| |
1 EUR = 1.0583 USD
1 EUR = 0.8355 GBP
1 EUR = 1.4814 CAD
1 EUR = 1.6248 AUD
1 EUR = 163.2570 JPY
1 EUR = 6.0985 BRL
1 EUR = 106.0740 RUB
1 EUR = 7.6582 CNY
|
|
1 USD = 0.9448 EUR
1 USD = 0.7895 GBP
1 USD = 1.3999 CAD
1 USD = 1.5352 AUD
1 USD = 154.2600 JPY
1 USD = 5.7628 BRL
1 USD = 100.2350 RUB
1 USD = 7.2366 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 20, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
243.00-245.00 |  |
| 6RW Malting Barley (FOB Creil) |
228.00-230.00 | |
Feed Barley (FOB Creil) |
194.00-196.00 |  4.28% |
| 2RS Malt (FOB Antwerp) |
588.50-590.50 | |
| 6RW Malt (FOB Antwerp) |
570.00-572.00 | |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
252.00-254.00 | |
| 6RW Malting Barley (FOB Creil) |
242.00-244.00 | 1.67% |
Feed Barley (FOB Creil) |
195.00-197.00 | 1.03% |
| 2RS Malt (FOB Antwerp) |
599.00-601.00 | |
| 6RW Malt (FOB Antwerp) |
586.50-588.50 | 0.84% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
USA: AB InBev announces $14 mln investment in its Houston brewery
...Click here
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Australia: 2.9 mln tonnes of malting barley exported in the year to 30 September
...Click here
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UK: Bacardi completes expansion of Scotland’s Aultmore distillery
...Click here
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Canada, ON: Diageo pauses plans for Ontario whisky distillery
...Click here
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The Netherlands: Heineken breweries strikes set to continue
...Click here
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UK: Price hikes offer chance for Guinness rivals as Diageo pushes zero alcohol brew
...Click here
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UK: Scotland's oldest working whisky distillery planning to stop using peat in production
...Click here
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USA: Molson Coors tries to claw back trademark victory from Stone Brewing
...Click here
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UK & India: BrewDog closes two flagship bars in Mumbai in a blow to India expansion
...Click here
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India: India’s first airport microbrewery launches in Goa
...Click here
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Graph of the week
Table of the week
Africa Beer Production 2018 - 2023s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
18 November
1793 - Louvre officially opens in Paris
1963 - Bell Telephone introduces push button telephone
19 November
1493 - Christopher Columbus discovers Puerto Rico, on his 2nd voyage
1893 - 1st newspaper color supplement (NY World)
1959 - Ford cancels Edsel
20 November
1923 - Garrett Morgan invents & patents traffic signal
1959 - U.N. adopts Universal Declaration of Children's Rights
1984 - McDonald's made its 50 billionth hamburger
1985 - Microsoft Windows 1.0 is released
Agenda
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)
November 2025:
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
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Brewery News
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USA: AB InBev announces $14 mln investment in its Houston brewery
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Anheuser-Busch, United States’ leading brewer, has announced a $14 million investment in its Houston brewery, part of its continued commitment to local communities and economic growth. The investment will enhance the facility's infrastructure, including upgrades to maintain quality standards, maximize efficiency, and reduce water usage.
The brewery, operational since 1966, has been central to Anheuser-Busch's $2.3 billion capital investments in Texas. The company, with over 120 facilities nationwide, together with its distributor partners, supports 65,000 American jobs. This new investment in Houston is aimed at reinforcing the company's brewing excellence and contributing to the local economy.
Brendan Whitworth, CEO of Anheuser-Busch, emphasized the importance of investing in the communities where their employees live and work, stating that it aligns with the company's longstanding practice of producing high-quality products and driving community prosperity. Ryan Hudgins, Sr. General Manager of the Houston Brewery, echoed this sentiment, highlighting the company's nearly 60-year history in Texas and its role in the local economy.
The Houston brewery's upgrades will include new air rinsers on can lines to decrease water usage, replacement of critical manufacturing equipment, and enhancements to wireless and network connectivity. These improvements build upon last year's $22.5 million investment focused on safety and efficiency.
Anheuser-Busch, with a
...More info on site
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The Netherlands: Heineken breweries strikes set to continue
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A walkout at two Heineken breweries in the Netherlands will continue into next week, following the first strike on November 20, Yahoo Finance reported.
Local
...More info on site
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UK: Price hikes offer chance for Guinness rivals as Diageo pushes zero alcohol brew
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Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative. But price hikes are turning off some UK customers and opening the door to rivals such as Heineken's Murphy's, Reuters reported on November 18.
Guinness has been a much-needed bright spot in earnings for the world's top spirits maker, under pressure after a downturn in sales of other key brands like Johnnie Walker whiskey in some markets helped force a profit warning last year.
Diageo has made continued momentum for Guinness a key part of its growth strategy. Future drivers include a potential roll-out of Guinness 0.0, the zero-alcohol version, on draught in pubs beyond Ireland. It is currently testing the move at The Devonshire pub in London.
But years of double-digit growth for Guinness have caught the eye of rivals, including the world's top beer maker Anheuser-Busch InBev which hope to become more serious competitors to Guinness, a dark beer with a rich malty taste.
Meanwhile, a series of price hikes has irked Guinness customers like Shane Ranasinghe, who with co-directors runs seven pubs across south London, including The Montpelier in Peckham and The Railway in Streatham.
He and two other UK publicans Reuters spoke to
...More info on site
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USA: Molson Coors tries to claw back trademark victory from Stone Brewing
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If the high-profile jury trial between Molson Coors and Stone Brewing was a battle of David and Goliath, then its appeal amounts to a sequel in which Goliath tries to claw back David's victory, Courthouse News Service reported on November 19.
Molson Coors argued before a panel of Ninth Circuit judges on November 19 that the decision in a trademark dispute against Stone Brewing was based on faulty legal reasoning and asked the panel to reverse the lower court verdict.
“No reasonably prudent beer consumer would ever confuse the two, especially because Stone IPA is priced at three to four times the price of the economy Keystone Light,” said Quinn Emanuel Urquhart & Sullivan attorney Kathleen Sullivan, who represents Molson Coors.
Oral arguments took place before a three-judge panel in the Robert F. Peckham U.S. Courthouse in San Jose.
San Diego-based craft brewer Stone Brewing sued the beer conglomerate previously known as Miller Coors in 2018 claiming its success was derailed when the company tried to revive waning sales of its economy beer Keystone Light by rebranding the lager.
The new, flashy bright blue Keystone Light beer cans featured the word “stone" in a large, modern, slanted script, separate from the word “key” in a
...More info on site
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UK & India: BrewDog closes two flagship bars in Mumbai in a blow to India expansion
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BrewDog, the UK’s biggest craft beer brand, has closed its two flagship Mumbai bars, in a blow to its plans to scale up in the country and tap the growing number of drinkers, the Financial Times reported on November 19.
The BrewDog bar in Bandra West, a suburb that is home to many Bollywood stars and is known for its liberal nightlife, as well as its bar in the office district of Lower Parel, have been closed since the summer.
The company’s logos have also been taken down from the locked-up properties, according to checks by the Financial Times. BrewDog now has only two bars open in India, having first set up there in 2021.
Pratekk Chturvedi, a director of Aloha International Brewpub which operates the BrewDog India franchise, told the FT that the landlords had wanted the bars to close and that the franchise operator had filed legal cases to reclaim “business losses that we are facing”. BrewDog declined to comment.
Even before the closures, BrewDog had struggled with obtaining consistent beer supplies in India’s financial capital. Chturvedi, who is also chief operating officer of BrewDog India, said that the brewer had also faced issues with the department that regulates and taxes alcohol
...More info on site
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India: India’s first airport microbrewery launches in Goa
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Susegado, India’s first airport microbrewery, has officially launched at Goa’s Manohar International Airport, Asia Brewers Network reported on November 15.
The name is derived from the Goan word “Susegad” which means relaxation and ease. Susegado is the brainchild of a partnership between local brewer Rising Tide Beverages and restaurant company Lane Nine Hospitality and Radiance, which is a wholly owned subsidiary of India Retails & Hospitality Private Ltd (IRHPL).
Spanning over 5,000 square feet, Susegado’s ambience was inspired by a blend of vintage Goan home decor and the sophisticated feel of a jazz bar. The distinctive design is intended to make tourists and local visitors feel at home while enjoying a freshly brewed, authentic Goan beer.
Central to the brewhouse’s offerings are its lineup of freshly brewed beers, each crafted using unique ingredients from the region. Its signature brews include Poder’s Pilsner, a crisp beer brewed with upcycled Goan bread; Kokum Gose, a tangy creation featuring kokum extract in a German-style beer; and an English Ale designed to please both seasoned beer lovers and adventurous newcomers. The speciality brews are complemented by a menu of traditional Goan dishes.
“We are thrilled to introduce Susegado at the Manohar International Airport with a vision of
...More info on site
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Barley News
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Australia: 2.9 mln tonnes of malting barley exported in the year to 30 September
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Australia exported 7.9 million tonnes (Mt) of barley and 2.1Mt of sorghum in the year to 30 September 2024, according to the latest data
...More info on site
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 Hops News
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Europe: Hop crop totals 62,282 tonnes in 2024
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Germany’s 2024 crop came in at 46,315 tonnes with an average yield of 2.3 tonnes/hectare. This represents a slight 0.3 t/ha improvement from crop
...More info on site
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Whisky News
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UK: Bacardi completes expansion of Scotland’s Aultmore distillery
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A significant expansion of Scotland’s Aultmore distillery has been completed, along with the addition of three new warehouses at Bacardi’s Glasgow facility. This multi-million dollar investment by Bacardi, the Puerto Rican producer of Dewar’s single malt whisky, is designed to bolster its position in the Scotch whisky category through extensive upgrades across its Scottish production sites, FreshlyBottled.com reported on November 11.
At the Poniel blending and maturation center in southeast Glasgow, Bacardi has introduced three advanced aging warehouses with a new, more efficient design that boosts storage capacity. In Speyside, the Aultmore distillery recently completed an upgrade to enhance efficiency and safety, incorporating new technology to reduce both energy and water usage. The enhancements include a new tun room, still house, boiler house, and a closed-loop cooling tower.
"Our investment in Aultmore and Macduff distilleries, along with the Poniel blending and maturation center, marks an important step in our ambitious plans for premium and ultra-premium whiskies," said Keith Hogg, Bacardi's vice president of supply chain for Europe.
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Canada, ON: Diageo pauses plans for Ontario whisky distillery
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An international company that announced plans two years ago to build a C$245-million whisky distillery in St. Clair Township has told municipal officials the project has been paused, London Free Press reported on November 20.
Diageo, a multinational beverage alcohol company, initially said the site near Sarnia would start making Crown Royal Canadian whisky brand by 2025.
Later, the company said the project would be built in stages, beginning with warehouses and a substation on about 161 hectares (nearly 400 acres) of industrial-zoned land on Moore Line near Highway 40, across from Nova Chemicals’ Moore Site.
St. Clair Township Mayor Jeff Agar said municipal officials spoke last week with company representatives during an online meeting about the project.
“They just said they’re going to pause it for a bit,” he said. “They didn’t say they weren’t going to do it.”
Diageo officials issued a statement Wednesday morning about the change of plans.
“Given the dynamic nature of our broader business and our emphasis on productivity, we have decided to pause the development of our facility in Lambton County’s St. Clair Township,” the statement read. “We will be revisiting plans and timeline at a later date, as part of our regular review of investments and priorities across
...More info on site
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UK: Scotland's oldest working whisky distillery planning to stop using peat in production
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Scotland's oldest working whisky distillery has announced plans to say 'farewell to peat' from next year, Yahoo News UK reported on November 19.
The Glenturret has started the transition to move away from using peated malt in its production in 2025 and will later remove peated expressions from its core range from 2026.
Although originally using peat in the 18th and 19th centuries, much of The Glenturret’s whisky making has been unpeated in style.
The distillery introduced Ruadh Maor, a peat-smoked form of The Glenturret whisky in 2009, which alongside their unpeated spirit, has been produced annually.
The decision to no longer include Peat Smoked releases in The Glenturret’s award-winning core range, has been made with "a clear future house style in mind", celebrating the Crieff distillery’s distinctive light and fruitful new make spirit, nurtured in predominantly American oak sherry seasoned casks.
This transition has been announced just as The Glenturret is recognised as Walpole’s Sustainable Luxury Brand of the Year.
Explaining the important balance between distilling a high-quality spirit whilst reducing impact, Ian Renwick, distillery director at The Glenturret, said: “We honour the environment as deeply as we do our craft and that is the mantra for The Glenturret of the future.
"Our
...More info on site
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