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E-Malt.com Flash 49a
December 02 - December 04, 2024
Quote of the Week
I am grateful for what I am and have. My thanksgiving is perpetual.
Henry David Thoreau
Currency Rates
Base Currency: Euro
on December 04, 2024 |
Base Currency: US Dollar
on December 04, 2024 |
| |
1 EUR = 1.0507 USD
1 EUR = 0.8297 GBP
1 EUR = 1.4761 CAD
1 EUR = 1.6213 AUD
1 EUR = 157.2370 JPY
1 EUR = 6.3640 BRL
1 EUR = 111.3300 RUB
1 EUR = 7.6535 CNY
|
|
1 USD = 0.9516 EUR
1 USD = 0.7896 GBP
1 USD = 1.4049 CAD
1 USD = 1.5429 AUD
1 USD = 149.6430 JPY
1 USD = 6.0571 BRL
1 USD = 105.9600 RUB
1 USD = 7.2844 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 04, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
241.00-243.00 |  0.82% |
| 6RW Malting Barley (FOB Creil) |
227.00-229.00 |  |
Feed Barley (FOB Creil) |
189.00-191.00 | |
| 2RS Malt (FOB Antwerp) |
586.50-588.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
569.50-571.50 |  0.10% |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 | 0.40% |
| 6RW Malting Barley (FOB Creil) |
241.00-243.00 | 0.83% |
Feed Barley (FOB Creil) |
191.00-193.00 | 2.67% |
| 2RS Malt (FOB Antwerp) |
600.00-602.00 | 0.21% |
| 6RW Malt (FOB Antwerp) |
585.50-587.50 | 0.42% |
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.
Denmark & Russia: Carlsberg agrees to sell its shares in Baltika Breweries
...Click here
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Russia: Carlsberg’s Russian assets removed from state management
...Click here
|
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USA, FL: AB InBev announces $10 mln investment in its Jacksonville brewery
...Click here
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Australia: Barley crop estimate cut in ABARES’ latest report
...Click here
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UK: Chivas Brothers plans a new distillery on the isle of Islay
...Click here
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France: Winter barley sowings reach 98% of planned area in week to November 25
...Click here
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Tanzania: Beer excise structure hurting smaller players in Tanzania
...Click here
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India: Himalayan distillery starts whisky production
...Click here
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UK: 'Dry Christmas' on the rise with nearly half of young Brits cutting back on alcohol
...Click here
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The Netherlands: Two Heineken breweries enter third week of strikes
...Click here
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Sri Lanka: Lion Brewery (Ceylon) Plc in talks with Diageo to license foreign brands
...Click here
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Graph of the week
Table of the week
Poland Hop Area and Production and Alpha Acid Output 2009-2024(s)
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 December
1816 - 1st savings bank in U.S. opens (Philadelphia Savings Fund Society)
1901 - Gillette patents 1st disposable razor
1927 - 1st Model A Fords sold, for $385
03 December
1621 - Galileo invents telescope
1967 - 1st human heart transplant performed (Dr. Christian Barnard, South Africa)
04 December
1619 - America's 1st Thanksgiving Day (Va)
1791 - Britain's Observer, oldest Sunday newspaper in world, 1st published
1851 - President Louis Napoleon Bonaparte forces crush a coup d'etat in France
1930 - Vatican approves rhythm method for birth control
1933 - Franklin Roosevelt creates Federal Alcohol Control Administration
Agenda
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 - 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)
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)
 Malt News
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Japan: Malt imports up 2.7% in 2023
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In 2023, Japan’s overseas purchases of malt increased by 2.7% to 472 thousand tonnes, rising for the second consecutive year after five years of
...More info on site
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India: Roasted malt imports down 79.4% in 2023
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In 2023, overseas purchases of roasted malt by Indian companies decreased by -79.4% to 352 tonnes, falling for the fifth year in a row
...More info on site
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Brewery News
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Denmark & Russia: Carlsberg agrees to sell its shares in Baltika Breweries
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The Carlsberg Group has agreed to a sale of its shares in Baltika Breweries. As part of the agreement, Baltika Breweries will transfer all
...More info on site
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Russia: Carlsberg’s Russian assets removed from state management
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Danish brewer Carlsberg's Russian assets have been removed from a list of Western assets under the management of the Russian state, a presidential decree
...More info on site
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USA, FL: AB InBev announces $10 mln investment in its Jacksonville brewery
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Anheuser-Busch, a leading domestic manufacturer and brewer of Michelob ULTRA, Busch Light, Budweiser, and Bud Light, announced on December 2 a new $10 million investment in its Jacksonville brewery. Over the last 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jobs and drive economic prosperity in the communities where it operates and its employees call home.
Brendan Whitworth, CEO of Anheuser-Busch, stated, "Investing in the communities where our people live and work is part of who we are. At Anheuser-Busch, we've been producing high quality, great tasting products for generations, and through continued investments in our facilities like our Jacksonville brewery, we're improving our capabilities and also contributing to the prosperity of the communities we serve."
Key Highlights of the Investment:
• Facility upgrades to maintain industry-leading quality standards and maximize efficiency
• Updates to the critical manufacturing equipment that make beer production possible
• Upgrades to critical plant infrastructure at the brewery
The Jacksonville brewery, a cornerstone of Anheuser-Busch's U.S. operations since 1969, has played a crucial role in the $490 million capital investments the brewer has made in Florida to date. Anheuser-Busch operates more than 120 facilities across the country and, with its distributor partners, employs
...More info on site
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Tanzania: Beer excise structure hurting smaller players in Tanzania
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As beer consumers warm up to merriment of this year’s festive season, many may not be aware of the sad reality that most of their preferred brands may not last on shelves long enough, The Citizen Tanzania reported on December 1.
Early in November, the Managing Director of Serengeti Breweries Limited (SBL) Obinna Anyalebechi, warned of an unprecedented looming disruption on Tanzania’s beer industry that may lead to closure of business by smaller payers.
Obinna was referring to recent changes to Tanzania's beer excise tax structure that have raised concerns among smaller brewers, who argue that the current system disproportionately benefits larger producers and stifles competition within the industry.
The introduction of a Sh620 per litre excise tax concession in the 2021/2022 fiscal year for beer made from local malt, has created a significant divide between the giants and the smaller players. Larger brewers equipped with the resources to build and operate malting plants, have capitalized on this concession.
In contrast, smaller brewers, limited by their production capacity, face substantial barriers. The cost of establishing a malting facility is estimated to range from Sh40 to 50 million, an investment, according to Obinna is simply out of reach for many smaller players.
There is
...More info on site
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UK: 'Dry Christmas' on the rise with nearly half of young Brits cutting back on alcohol
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According to a study, nearly half of UK’s Gen Zs are joining the 'Dry Christmas ' movement. A survey of 2,000 adults revealed that 78% of those between 18-25 plan to start their Dry January early and have a 'dry' Christmas too, MSN.com reported on December 1.
The motivation behind this trend among younger drinkers includes a healthier lifestyle, financial mindfulness, and the empowerment of making personal choices. In contrast, only 6% of Baby Boomers plan to avoid alcohol during Christmas this year.
Over two thirds of those who are reducing their intake this Christmas believe they can enjoy the festivities just as much without alcohol.
A quarter expressed a preference for moderating their drinking with no-and-low alcohol options at work Christmas parties, a figure that rises to 35% among the youngest workers.
Brian Perkins, president of Budweiser Brewing Group UK&I, who commissioned the research, commented: "Moderation is no longer limited to awareness months and days, it is now part of our everyday lives."
"Efforts to moderate in January have been brought forward into the festive period, and throughout the rest of the year, as we see more people choosing no-and-low alcohol alternatives as their drink of choice."
"What's even more positive, is that moderation isn't
...More info on site
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The Netherlands: Two Heineken breweries enter third week of strikes
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Strikes are taking place at two Heineken breweries in the Netherlands this week, after workers declined an updated proposal on wages and working conditions from the brewing major, Yahoo Finance reported on December 2.
Local union FNV confirmed "hundreds" of workers are downing their tools from December 2 until Wednesday, December 4 at the Den Bosch and Zoeterwoude breweries.
On Tuesday, December 3, "major action" is also due to take place at the Heineken Experience visitor centre in Amsterdam, led by 250 employees.
Walkouts began at both breweries three weeks ago, taking place on 20, 26 and 27 November.
Speaking on the strikes, Nurettin Altundal, director of FNV Food Industry said: “Heineken has brought this on itself. The management does not want to move an inch in the direction of the employees. So after first one day and last week two days, we are now striking for three days in a row. We will continue to do so until Heineken agrees on a good collective labor agreement for the people"
In a statement sent to Just Drinks, Heineken said its updated proposal shared with unions on the weekend includes a 6.3% pay hike across two years, with a 4% rise taking place in 2025 and
...More info on site
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Sri Lanka: Lion Brewery (Ceylon) Plc in talks with Diageo to license foreign brands
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Sri Lanka’s Lion Brewery (Ceylon) Plc, the island’s top beer producer has initiated talks with UK-based Diageo Plc to produce international spirit brands under license, Chief Executive Rajiv Meewakkala was quoted as saying by EcononyNext on December 4.
Lion already has about 90 percent of the local market which is growing slowly and has also started exporting to boost the market.
Expanding into spirits will open up new market for the firm.
“One of the main things what we will be looking at is trying to manufacture the international brands locally, that means Vat 69, Smirnoff, all those international brands of Diageo,” Meewakkala said.
“So, we have started conversations with them and it’s positive. Now we are currently looking at the feasibility and the commercial feasibility, so whatever comes out will be in 26.”
Lion Brewery already license produces Guinness, a beer brand owned by Diageo. Expanding into spirits will take the firm to Gin, Brandy and Vodka segments.
Diageo also produces Scotch whiskies like Johnny Walker.
Lion Brewery has just commissioned a high tech brewery called the innovation centre that allows the firm to design and fine tune new beers targeting foreign markets and tourists.
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Barley News
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Australia: Barley crop estimate cut in ABARES’ latest report
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ABARES has marginally increased its estimates for Australia’s wheat and canola crops now being harvested, and cut its barley estimate, in its quarterly Australian
...More info on site
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France: Winter barley sowings reach 98% of planned area in week to November 25
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France’s winter barley sowing reached 98% of the planned area in the week to Monday November 25, up from 96% the previous week. This matches the five-year average and exceeds the 90% rate observed in 2023 at the same date, according to the latest weekly report from FranceAgriMer.
Emergence increased to 88% from 80%, approaching the five-year average of 91%. Early tillering rose to 34%, compared to 28% in 2023 and close to the five-year average of 36%.
Crop conditions for winter barley remained stable at 84%, consistent with the previous week and slightly above the 82% recorded for the 2024 harvest.
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Whisky News
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UK: Chivas Brothers plans a new distillery on the isle of Islay
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Whisky giant Chivas Brothers has revealed plans to build a new distillery on the isle of Islay, BBC reported on November 29.
It will be
...More info on site
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India: Himalayan distillery starts whisky production
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Himmaleh Spirits has begun whisky production at its new distillery in Uttarakhand, India, which will produce Himalayan single malt, The Spirits Business reported on December 2.
Located in the Kumaon region of Uttarakhand, the distillery uses Forsyths pot stills from Scotland and 100% Indian barley for production. Nestled in the Himalayan foothills, the family-owned distillery was founded by Ansh Khanna and Samarth Prasad in 2023.
Himmaleh Spirits produces Kumaon & I gin, which is made with 11 locally sourced botanicals and spring water, as well as cold-brew coffee liqueur Bandarful.
Located across nine acres, the whisky distillery has an annual production capacity of 900,000 litres of pure alcohol.
The Indian barley used for whisky making is sourced from local farms and distilled from a lengthy fermentation process of more than 90 hours.
To help create the whisky, Himmaleh Spirits’ distillery general manager Shivaji Chandekar has joined forces with Christian Perez Solar, production manager at Scotland’s Arbikie Distillery.
Prasad said: “Our vision has always been to create spirits that are a true reflection of the land they come from. With the commencement of our Himalayan malt whisky production, we are redefining what Indian single malts can achieve – rooted in tradition, yet progressive in craft.
“The pristine environment
...More info on site
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