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E-Malt.com Flash 52a
December 23 - December 31, 2024
Quote of the Week
Merry Christmas and Happy New Year! May the coming year bring you boundless opportunities, growth, and memorable moments.
The E-malt.com Team
Currency Rates
Base Currency: Euro
on December 27, 2024 |
Base Currency: US Dollar
on December 27, 2024 |
| |
1 EUR = 1.0405 USD
1 EUR = 0.8304 GBP
1 EUR = 1.4971 CAD
1 EUR = 1.6700 AUD
1 EUR = 164.0370 JPY
1 EUR = 6.6883 BRL
1 EUR = 103.9640 RUB
1 EUR = 7.5932 CNY
|
|
1 USD = 0.9609 EUR
1 USD = 0.7980 GBP
1 USD = 1.4388 CAD
1 USD = 1.6048 AUD
1 USD = 157.6340 JPY
1 USD = 6.4278 BRL
1 USD = 99.9154 RUB
1 USD = 7.2975 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 27, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
245.00-247.00 |  |
| 6RW Malting Barley (FOB Creil) |
225.00-227.00 | |
Feed Barley (FOB Creil) |
201.00-203.00 | |
| 2RS Malt (FOB Antwerp) |
591.50-593.50 | |
| 6RW Malt (FOB Antwerp) |
567.00-569.00 | |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 | |
| 6RW Malting Barley (FOB Creil) |
238.00-240.00 | |
Feed Barley (FOB Creil) |
195.00-197.00 | |
| 2RS Malt (FOB Antwerp) |
600.00-602.00 | |
| 6RW Malt (FOB Antwerp) |
581.50-583.50 | |
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.
Latin America: Latin America consumers more mindful of their spending on alcohol
...Click here
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Belgium: Beer industry going through difficult time
...Click here
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World: Barley crop forecast up 0.5 mln tonnes for 2024/25
...Click here
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EU & UK: Barley crop forecast steady at 57.6 mln tonnes
...Click here
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Canada: Barley crop estimate slightly increased to 8 mln tonnes
...Click here
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USA: Boston Beer amends production deal, cuts guidance
...Click here
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South Korea: Japanese beer sales soar in South Korea
...Click here
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The Philippines: Crazy Carabao and the rise of craft beer in the Philippines
...Click here
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Ireland: Heineken 0.0% draught to expand to 3000 pubs in Ireland by end of year
...Click here
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Thailand: ThaiBev launches unpasteurised Chang beer targeting fast growing premium segment
...Click here
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Nigeria: Launch of Zeva Premium Lager beer expected to boost Benue State’s economy, create jobs
...Click here
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Graph of the week
Table of the week
World Barley Production by Region
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 December
1834 - Thomas R Malthus, English vicar/economist is born
1919 - Alice H Parker patents gas heating furnace
1922 - BBC Radio began daily newscasts
1973 - 6 Persian Gulf nations double their oil prices
24 December
1851 - US Library of Congress catches fire; 35,000 books burn
1893 - Henry Ford completes his 1st useful gas motor
1922 - BBC sends 1st British radio play "Truth about Father Christmas"
1979 - The first European Ariane rocket is launched
25 December
1848 - New Haven Railroad opens
1947 - Taiwan passes Human Rights laws (Day of Earth Law)
1954 - WSFA TV channel 12 in Montgomery AL (NBC) begins broadcasting
1959 - Sony brings transistor TV 8-301 to the market
26 December
1854 - Wood-pulp paper 1st exhibited
1878 - 1st US store to install electric lights, Philadelphia
1950 - Gillette & Mutual buy All Star & World Series rights ($6 million for 6 years)
1975 - 1st supersonic transport service (Tupolev-144)
1991 - The Standard & Poor's 500-stock index closes above 400 for the first time, finishing the day at 404.84
2009 - China opens the world's longest high-speed rail route, which links Beijing and Guangzhou
27 December
1825 - 1st public railroad using steam locomotive completed in England
1928 - Portfolio manager Walter Morgan founds the nation's first 'balanced' mutual fund, the Industrial and Power Securities Co., which invests in both stocks and bonds
1945 - International Monetary Fund established - World Bank founded
2001 - China is granted permanent normal trade relations with the United States
28 December
1869 - William Finley Semple of Mount Vernon OH, patents chewing gum
1895 - Auguste and Louis Lumiere are born (1st commercial cinema)
1967 - After 175 years, the New York Stock Exchange finally admits its first woman member, Muriel Siebert of Muriel Siebert & Co
2000 - U.S. retail giant Montgomery Ward announces it is going out of business after 128 years
29 December
1862 - Bowling ball invented
1867 - 1st telegraph ticker used by a brokerage house, Groesbeck & Co, NY
1891 - Edison patents "transmission of signals electrically" (radio)
1997 - Russia signs agreement to build a $3B nuclear power plant in China
30 December
1851 - Asa Griggs Candler is born (developed Coca-Cola)
1854 - Pennsylvania Rock Oil Company, 1st in US, incorporated in New York NY
1861 - US banks stops payments in gold
1958 - French franc devalued
1988 - Mercedes-Benz pays $20.2-M fine failed to meet '86 government fuel standard
1990 - 11th United Negro College Fund raises $10,000,000
31 December
1776 - Rhode Island establishes wage & price controls to curb inflation: Limit is 70 cents a day for carpenters, 42 cents for tailors
1781 - Bank of North America, 1st US bank opens
1981 - CNN Headline News debuts
1997 - Microsoft buys Hotmail E-mail service
1998 - The European Exchange Rate Mechanism freezes the values of the legacy currencies in the Eurozone, and establishes the value of the euro currency
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)
25 - 27: 109th International Brewing & Engineering Congress 2025 (Kulmbach, Germany)
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)
28 - 30: 27th Annual International Beer Strategies 2025 (Prague, the Czech Republic)
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)
18 - 20: EBC Symposium 2025 (Budapest, Hungary)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
13 - 14: Tallinn Craft Beer Weekend 2025 (Tallinn, Estonia)
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)
22 - 23: Beervana 2025 (Wellington, New Zealand)
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)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
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Brewery News
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Latin America: Latin America consumers more mindful of their spending on alcohol
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Inflation has been a pressing concern in Latin America since 2021 and while rates have declined in some countries, economic growth remains sluggish. The
...More info on site
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Belgium: Beer industry going through difficult time
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Belgian breweries are going through a difficult time. Beer sales are dropping fast, particularly exports. Breweries are closing. Bars are struggling to balance the
...More info on site
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USA: Boston Beer amends production deal, cuts guidance
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Boston Beer Company Inc cut its full-year GAAP earnings per share guidance to $3.80-$5.80, down from $5.50-$7.50, Yahoo Finance reported on December 20.
The company said it has amended its production agreement with Rauch North America to better align with its future capacity needs. The revised deal enhances production flexibility and grants Boston Beer improved termination rights.
As part of the agreement, Boston Beer will make a $26 million cash payment to Rauch by December 23, resulting in a pre-tax contract settlement expense of $26 million, or $1.70 per diluted share after tax, in the fourth quarter of 2024.
Non-GAAP EPS guidance remains unchanged at $8.00-$10.00.
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South Korea: Japanese beer sales soar in South Korea
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According to data from South Korea's Export and Import Logistics Statistical System published on the 24th of December, the import volume of Japanese beer this year until October reached 76,700 tonnes. Considering that alcohol consumption typically increases in the fourth quarter, the import volume of Japanese beer this year is expected to surpass the 80,000 tonnes of 2017 and approach the record high of 86,700 tonnes in 2018, Chosunbiz reported.
During the same period, 21,100 tonnes of Chinese beer entered South Korea. This figure is less than half compared to before the pandemic. Chinese beer peaked in 2019, with an import volume more than double the current figure at 58,200 tonnes. In contrast, even considering end-of-year amounts this year, it seems difficult to exceed 25,000 tonnes.
Just ten years ago, Japanese beer was so strong in South Korea’s market that for every bottle of Chinese beer sold, three bottles of Japanese beer were sold.
However, starting in the mid-2010s, Chinese beer gradually began to increase its market share in South Korea. By 2017, for every three bottles of Japanese beer sold, two bottles of Chinese beer were also sold.
This coincides with the period when specialty lamb skewers began to increase in South Korea.
...More info on site
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The Philippines: Crazy Carabao and the rise of craft beer in the Philippines
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In recent years, the Philippines has witnessed a remarkable transformation in its beverage industry, particularly in the craft beer sector. Once dominated by a handful of commercial giants, the beer landscape in the country is now flourishing with innovative brewers dedicated to quality and unique flavors, Hoodline reported on December 27.
This burgeoning craft beer revolution is driven by a growing community of enthusiasts and entrepreneurs who are passionate about redefining what beer can be. Among these trailblazers is Crazy Carabao, a standout in the industry, which has played a pivotal role in shaping the local craft beer scene.
Founder Brad Hannam shares the story of their inception, the challenges faced, and the triumphs achieved in this burgeoning industry.
The spark that ignited Crazy Carabao’s journey came from an unexpected source—Manny Pacquiao fights in Las Vegas. Brad reminisces, “When I was going to watch Manny Pacquiao fights in Las Vegas with a group of buddies, we saw such a massive craft beer market in the US, which didn’t exist in the Philippines, so we came up with a plan to build our own brewery and make our own craft beer.”
This observation led to the idea of creating a
...More info on site
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Ireland: Heineken 0.0% draught to expand to 3000 pubs in Ireland by end of year
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Heineken 0.0% will be available on draught in 3,000 outlets by the end of this year, extending its lead as the most popular brand in the non-alcoholic drinks category in Ireland, Drinks Industry Ireland reported on December 20.
Heineken 0.0%’s strong availability is testament to the leadership role Heineken continues to play in the category. Heineken Ireland has invested considerably to increase Heineken 0.0%’s distribution in Ireland, with more than €30 million committed to 0.0% since its launch in 2018.
Heineken Ireland also continues to promote the brand through significant advertising and marketing activity underscoring Heineken 0.0%’s position as the most popular alcohol-free beer in Ireland.
Heineken 0.0% currently holds a 48% Total Market Volume Share of the Non-Alcoholic category,* which means that it accounts for almost one of every two pints of non-alcohol beer sold in the Republic of Ireland.
“When we launched Heineken 0.0% in 2018, we effectively created the modern non-alcoholic beer category in Ireland, offering a top-quality product that consumers wanted to purchase,” said Fiona Curtin, marketing director, Heineken Ireland.
“Six years on, Heineken 0.0% remains the leader in the non-alcohol market, with a 48% total market share and we intend to continue to invest in 0.0% to grow
...More info on site
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Thailand: ThaiBev launches unpasteurised Chang beer targeting fast growing premium segment
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Thailand’s second-largest brewer, Thai Beverage Company plc (ThaiBev), has launched its unpasteurised Chang beer in an innovative screw-top aluminium bottle targeting the country’s fast growing premium segment, Asia Brewers Network reported on December 20.
“As a leader in the beer market committed to continuous innovation, we are confident that the ‘Chang Unpasteurised Screw-cap Aluminium Bottle, with its novel design and delicious taste, will enhance Chang’s premium image,” said Songwit Sritham, ThaiBev’s first vice-president and chief of its beer business, at a recent press conference.
The new packaging overcomes several market challenges for the brewer that have constrained sales growth of its unpasteurised brew. Launched two years ago in a glass bottle, access to the beer was previously limited to only restaurants and hotels due to strict cold-chain storage requirements.
Even so, Chang’s unpasteurised beer has already demonstrated strong growth, with sales increasing nearly 300% compared to the previous year. The innovative packaging using Thailand’s first screw-top aluminium bottle provides a reusable container that not only keeps contents cooler than in traditional cans so overcoming supply chain problems, but is also 100% recyclable thus supporting the company’s sustainability objectives.
To meet the anticipated ramp-up in demand, from 19 December, the 500ml aluminium bottle will
...More info on site
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Nigeria: Launch of Zeva Premium Lager beer expected to boost Benue State’s economy, create jobs
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Governor of Benue State Hyacinth Alia has lauded the launch of Zeva Premium Lager Beer, a flagship product of the Benue Investment and Property Company Limited as a transformative step toward industrial growth and job creation in the state, The Will News Media reported on December 23.
Speaking during the unveiling ceremony held at the IBB Square in Makurdi on Sunday, December 22, Alia emphasized that the initiative underscores his administration’s commitment to industrialization, economic diversification, and sustainable development.
“This project is a landmark achievement in harnessing Benue’s agricultural potential,” the governor said.
“The Food Basket Brewery, which produces Zeva Premium Lager, creates a sustainable value chain by converting local crops such as cassava, sorghum, millet, and maize into high-value products. This will not only empower farmers and create jobs but also stabilize the local economy.”
Alia outlined the broader benefits of the brewery, including an increase in Benue’s GDP, enhanced government revenue, and the provision of a stable market for farmers.
He also highlighted the ripple effects on industries such as packaging, distribution, and retail, stressing the importance of such projects in fostering a business-friendly environment.
He further applauded other initiatives by BIPC, including bread and water production and a motorcycle hire-purchase scheme, as critical
...More info on site
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Barley News
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World: Barley crop forecast up 0.5 mln tonnes for 2024/25
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Barley production forecast for 2024/25 is up 0.5 mln tonnes to 141.8 mln tonnes, RMI Analytics said in their latest report. The changes consist
...More info on site
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EU & UK: Barley crop forecast steady at 57.6 mln tonnes
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Winter crops across Europe are mostly planted now as wet conditions and warmer than normal temperatures prevail. Crop development is generally good, in France,
...More info on site
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Canada: Barley crop estimate slightly increased to 8 mln tonnes
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Canada’s barley crop estimate is increased slightly to 8.0 mln tonnes, in alignment with StatsCan increasing their estimate to 8.14 mln tonnes, RMI Analytics
...More info on site
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