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E-Malt.com NewsLetter

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes



Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




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E-Malt.com Flash 09a
February 24 - February 26, 2025


Quote of the Week

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Currency Rates


Base Currency: Euro
on February 26, 2025
Base Currency: US Dollar
on February 26, 2025
      1 EUR = 1.0488 USD
1 EUR = 0.8294 GBP
1 EUR = 1.4970 CAD
1 EUR = 1.6536 AUD
1 EUR = 156.7460 JPY
1 EUR = 6.0564 BRL
1 EUR = 91.1514 RUB
1 EUR = 7.6050 CNY
      1 USD = 0.9533 EUR
1 USD = 0.7907 GBP
1 USD = 1.4273 CAD
1 USD = 1.5765 AUD
1 USD = 149.4430 JPY
1 USD = 5.7746 BRL
1 USD = 86.9094 RUB
1 USD = 7.2511 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


February 26, 2025
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 235.00-237.00 down0.42%
6RW Malting Barley (FOB Creil) 226.00-228.00 up0.44%
Feed Barley (FOB Creil) 201.00-203.00 down4.27%
2RS Malt (FOB Antwerp) 580.50-582.50 down0.21%
6RW Malt (FOB Antwerp) 569.00-571.00 up0.22%
French Barley/Malt
Crop 2025
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 259.00-261.00 down0.38%
6RW Malting Barley (FOB Creil) 241.00-243.00 -
Feed Barley (FOB Creil) 205.00-207.00 down1.90%
2RS Malt (FOB Antwerp) 607.50-609.50 down0.20%
6RW Malt (FOB Antwerp) 585.50-587.50 -
German Malting Barley
Crop 2023
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news World: AB InBev posts better-than-expected Q4 2024 sales despite annual decline in volumes ...Click here
Brewery news China: Demand for beer in China is on the rise, report says ...Click here
Brewery news Brazil: Ambev’s Q4 adjusted net profit up 7.5% despite decline in total volumes ...Click here
Brewery news The Netherlands: Beer sales drop 3.4% in 2024 ...Click here
Brewery news New Zealand: Volume of beer available for consumption up 5.4% in 2024 ...Click here
Brewery news USA: Boston Beer reports Q4 and full year 2024 results ...Click here

Barley news Australia: Barley crop estimate slightly down as high yields in Western Australia and New South Wales are unlikely to repeat ...Click here
Barley news Canada: Barley crop forecast for 2025 remains at 8.8 mln tonnes ...Click here

Hops news USA: Significant drop in hop production, acreage, value in 2024 ...Click here


More Industry News


Barley news France: Only 22% of planned spring barley area sowed as of February 17 ...Click here
Brewery news The Netherlands: Heineken reports transactions under its current share buyback programme ...Click here
Brewery news China: Budweiser APAC names new chief in efforts to navigate weak Chinese market ...Click here
Brewery news World: Asahi Group Holdings announces new CEO for Asahi Europe & International ...Click here
Brewery news Australia: Asahi sees canned beer outselling its bottled options ...Click here
Brewery news UK: Heineken to make its Sol beer weaker this week ...Click here
Brewery news South Korea: Asahi beer prices in South Korea to rise by up to 20% next month ...Click here

Graph of the week



Table of the week

World Use of Hops and Hop Products 1997 - 2024s


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


24 February
1921 - 1st transcontinental flight in 24 hours flying time
1986 - Texas Air buys Eastern Airlines for $676 million
1995 - Dow-Jones hits record 4011.74

25 February
1791 - 1st Bank of U.S. chartered
1837 - 1st U.S. electric printing press patented by Thomas Davenport
1862 - Paper currency introduced in U.S. by President Abraham Lincoln

26 February
1848 - 2nd French Republic proclaimed
1907 - Royal Oil and Shell merge to form British Petroleum (BP)
1993 - World Trade Center bombing
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy

Agenda

February 2025:
24 - 24: Beer Experience 2025 (Antwerp, Belgium)

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)
21 - 23: St Malo Craft Beer Expo 2025 (St Malo, France)
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 - 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)
11 - 13: Barcelona Beer Festival 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:
01 - 01: World Beer Cup 2025 (Indiana Convention Center, Indianapolis, IN, USA)
06 - 06: The Melbourne Royal Australian International Beer Awards 2025 (Melbourne, Australia)
08 - 11: Wiener Bierfest 2025 (Vienna, Austria)
12 - 13: European Malt Supply Summit 2025 (https://rmi-analytics.com/event/european-regional-summit-paris-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)

July 2025:
03 - 04: The CIBD Sustainability in Brewing Conference 2025 (Nottingham, UK)
18 - 19: London Craft Beer Festival 2025 (London, UK)

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)
13 - 15: Brewing Summit 2025 (Palm Desert, CA, USA)
22 - 23: Beervana 2025 (Wellington, New Zealand)

September 2025:
04 - 06: Stockholm Beer & Whisky Festival 2025 (Stockholm, Sweden)
13 - 14: Bruges Beer Festival 2025 (Bruges, Belgium)
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)

October 2025:
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)

November 2025:
04 - 06: Brussels Beer Challenge 2025 (Belgium)
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
13 - 15: Drink Technology India 2025 (Bombay Exhibition Centre, Mumbai, India)

December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsWorld: AB InBev posts better-than-expected Q4 2024 sales despite annual decline in volumes
The world’s largest brewer AB InBev on February 26 posted better-than-expected fourth-quarter sales despite an annual decline in volumes.

The drinks maker, whose brands include ...More info on site


Brewery newsChina: Demand for beer in China is on the rise, report says
The demand for beer in China is on the rise, leading to a forecasted upward consumption trend over the next decade. By 2035, the ...More info on site


Brewery newsBrazil: Ambev’s Q4 adjusted net profit up 7.5% despite decline in total volumes
Brazilian brewer Ambev on February 26 reported a 7.5% increase in its fourth-quarter adjusted net profit despite a decline in total volumes, driving its ...More info on site


Brewery newsThe Netherlands: Beer sales drop 3.4% in 2024
Beer sales dropped by 3.4 percent in the Netherlands compared to 2023, Stichting Dranken Nederland reported based on numbers provided by Dutch brewers.

The ...More info on site


Brewery newsNew Zealand: Volume of beer available for consumption up 5.4% in 2024
Stats NZ said the total volume of beer available for consumption in New Zealand increased 5.4% to 296 million litres last year, NZ Herald ...More info on site


Brewery news USA: Boston Beer reports Q4 and full year 2024 results
The Boston Beer Company, Inc. on February 25 reported financial results for the fourth quarter ended December 28, 2024. Key results were:

Fourth Quarter 2024 Summary:

• Depletions were flat and shipments decreased 0.5% • Net revenue increased 2.2% to $402.3 million • Gross margin of 39.9% up 230 basis points year over year • GAAP diluted loss per share of $3.38, which includes a previously announced contract settlement expense of $1.70 per share • Non-GAAP diluted loss per share of $1.68

Full Year 2024 Summary:

Depletions decreased 2% and shipments decreased 2.4% Net revenue increased 0.2% to $2.01 billion Gross margin of 44.4% up 200 basis points year over year GAAP diluted earnings per share of $5.06, which includes a non-cash brand impairment charge and contract settlement expense together totaling $4.37 per share Non-GAAP diluted earnings per share of $9.43, or 31.5% growth year over year

Capital Structure

• Generated $249 million in operating cash flow for the full year 2024 • Ended the year with $212 million in cash and no debt • Repurchased $239 million in shares in 2024 and $29 million in 2025 through February 21, 2025

“We were pleased to deliver improved operational and financial performance in 2024,” said Chairman and Founder Jim Koch. “I’m confident we have the right strategy and team in place and we will be stepping ...More info on site


Brewery news China: Budweiser APAC names new chief in efforts to navigate weak Chinese market
Shares of Budweiser Brewing Co APAC rallied the most in more than four years in Hong Kong after the brewer named a new chief executive in efforts to navigate a weak Chinese market, The Standard (HK) reported on February 26.

Budweiser APAC named Cheng Yanjun, a 29-year veteran of the company, to succeed Jan Craps who will step down after seven years, according to a company filing.

Shares of the beer maker surged as much as 13 percent in Hong Kong Wednesday morning following the company’s announcements for earnings and management change.

The company’s decision for a leadership handover, effective in April, comes after the brewer posted a net loss of US$16 million (HK$124.8 million) in the fourth-quarter, missing the US$6.72 million concensus by analysts. The company’s quarterly revenue trends also showed a decline for the fourth consecutive quarter.

“The appointment of a new CEO, which may mitigate negative impact of weak earnings, is a big reason for the rally today,” Richard Lin, an analyst with SPDB International Holdings Ltd, said.

Rival brewers also experienced a tough year in China. Both volume and revenue dropped for Carlsberg in China last year. The Chinese beer market declined by about 4 percent due to weak consumer environment ...More info on site


Brewery news The Netherlands: Heineken reports transactions under its current share buyback programme
Heineken Holding N.V. reported transaction details related to the first tranche of up to circa €375 million tranche of its share buyback programme of up to circa €750 million as communicated on 12 February 2025, Yahoo Finance said on February 24.

From 17 February 2025 up to and including 21 February 2025 a total of 66,866 shares was repurchased on exchange at an average price of € 68.13.

Up to and including 21 February 2025, a total of 80,200 shares was repurchased under the share buyback programme for a total consideration of € 5,477,843.


Brewery news World: Asahi Group Holdings announces new CEO for Asahi Europe & International
Following the decision of Asahi Europe & International CEO, Paolo Lanzarotti, to retire from full time executive activity, Asahi Group Holdings (AGH) have promoted Dragos Constantinescu as CEO of its European and International business (excluding Japan, Australasia and Asia) effective 1st April 2025. At the same time Dragos will join the Executive Board of AGH, headquartered in Tokyo.

The Romanian led the local operations of Ursus Breweries from 2019 to 2021, following which he assumed the role of Managing Director for Asahi Europe & International’s operation in Germany, Austria, the Czech Republic, and Slovakia. Michał Mrowiec, who led Ursus Breweries since 2023, will take over Dragoș’ former role, becoming the CEO of Asahi’s business in the Czech Republic, Slovakia, Germany and Austria. The appointment of a new MD of Ursus will be announced in due course.

“I am thrilled to take on this new challenge, and to be able to work alongside talented colleagues across Asahi Europe & International and the wider group. It is a privilege to lead our growing European business and to oversee so many impactful initiatives focused on people and the planet. I look forward to driving future growth for our global and local brands, and continuing to ...More info on site


Brewery news Australia: Asahi sees canned beer outselling its bottled options
Canned beer is outselling bottles for Asahi Beverages for the first time, leading the company to invested A$60 million in a new canning line at Australia’s largest brewery in Yatala, Queensland, Drinks Digest reported on February 23.

Beer sold in cans is expected to make up 52% of Asahi’s Australian business by next year. CEO Amanda Sellers told the Australian Financial Review the trend was being driven by craft beer and the greater affordability of cans due to their smaller size on average.

“It’s grown about 6% over the past few years since coming out of COVID-19, we saw a huge growth in cans,” Sellers said.

While Asahi’s Oceania division last week reported an 8.2% decline in profit in the 2024 calendar year, Sellers predicted beer consumption would return to growth this year as consumer confidence builds following Tuesday’s interest rate cut.

Asahi’s overall revenue grew 2.1% YoY in 2024, which it attributed to unit sales price increases driven by its focus on premiumisation and strategic price revisions. Revenue on actual currency basis grew +6.2% YoY.

Core operating profit grew +3.7% YoY, driven by higher profits in Japan and Europe, as well as improved cost efficiencies, which helped counterbalance the decline in profits in Oceania ...More info on site


Brewery news UK: Heineken to make its Sol beer weaker this week
Dutch brewer Heineken is making one of its most popular brands weaker this week in an effort to reduce costs, The Drinks Business reported on February 24.

From 25 February, Heineken will reduce the alcohol of its Sol beer brand to just 3.4% ABV down from 4.2% ABV.

The beer, which was originally brewed in Mexico before it was acquired by Heineken from Fomento Economico Mexicana SAB (FEMSA) in 2010 in a deal worth £4.8 billion, is now produced in Zoeerwoude in the Netherlands.

According to reports via The Sun, increased cost pressures facing the sector have also pushed the decision for beer companies to make the move to bring the strength down on some beers. This includes the Asahi-owned Dark Star beer Hophead which has seen a reduction from 3.8% ABV to 3.4% ABV.

One of the reasonings for the change is down to the beer companies looking to avoiding the amount of duty which needs to be paid for beers over a certain strength.

The move to reduce the alcohol within beers to navigate the tax rate on products has also reportedly been a move brands like Stella Artois, Foster’s and Old Speckled Hen, among others have also recently made.

Earlier this month, ...More info on site


Brewery news South Korea: Asahi beer prices in South Korea to rise by up to 20% next month
The price of Asahi beer handled by Lotte Asahi Beverage will rise by up to 20% starting next month, ChosunBiz reported on February 23.

According to the liquor industry on the 23rd, starting from the 1st of next month, the price of Asahi Super Dry canned beer 500㎖ sold at convenience stores will increase by 400 won from the current 4,500 won to 4,900 won.

The price of the same product in 350㎖ will rise from 3,500 won to 4,000 won, and the price of Asahi Super Dry draft beer in 340㎖ will increase from 4,500 won to 4,900 won.

In particular, Asahi Super Dry bottled beer 640㎖ will rise by 20% from 4,500 won to 5,400 won.

The price of imported beer has been continuously rising since the '10,000 won for 4 cans of imported beer' rule was broken in 2022.

Korea's top beer company, OB Beer, raised the average price of six types of imported beers, including Budweiser, Hoegaarden, Stella, and Suntory, sold at convenience stores and large supermarkets by 8% in November last year.




BarleyBarley News Barley


Barley newsAustralia: Barley crop estimate slightly down as high yields in Western Australia and New South Wales are unlikely to repeat
Australia’s east coast has received further rainfall, setting up improved soil moisture conditions for barley crop’25, but less so in western Victoria and South ...More info on site


Barley newsCanada: Barley crop forecast for 2025 remains at 8.8 mln tonnes
Canada’s barley crop’25 forecast remains at 8.8 mln tonnes, with moisture conditions improving. Rain during June/July is critical but a positive crop’25 start is ...More info on site


Barley news France: Only 22% of planned spring barley area sowed as of February 17
By February 17, French farmers sowed only 22% of the planned area with spring barley, which is less than the same date last year (25%) and the average for the last five years (32%), state agency FranceAgriMer reported.

The condition of winter barley crops is worse than last year. Currently, 69% of winter barley crops are in good and very good condition (71% a year earlier). The development of crops is slower than last year and on average over the last five years.



HopsHops News Hops


Hops newsUSA: Significant drop in hop production, acreage, value in 2024
The USDA-NASS report, released in December 2024, reveals a significant drop in hop production across the United States. Here’s an overview of the key ...More info on site


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