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E-Malt.com Flash 12a
March 17 - March 19, 2025
Quote of the Week
Hard work always pays off, whatever you do.
Dustin Lynch
Currency Rates
Base Currency: Euro
on March 19, 2025 |
Base Currency: US Dollar
on March 19, 2025 |
| |
1 EUR = 1.0927 USD
1 EUR = 0.8414 GBP
1 EUR = 1.5622 CAD
1 EUR = 1.7157 AUD
1 EUR = 163.4130 JPY
1 EUR = 6.2066 BRL
1 EUR = 89.8629 RUB
1 EUR = 7.8996 CNY
|
|
1 USD = 0.9150 EUR
1 USD = 0.7699 GBP
1 USD = 1.4297 CAD
1 USD = 1.5700 AUD
1 USD = 149.5300 JPY
1 USD = 5.6800 BRL
1 USD = 82.2386 RUB
1 USD = 7.2294 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 19, 2025 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
223.00-225.00 |  |
| 6RW Malting Barley (FOB Creil) |
218.00-220.00 | |
Feed Barley (FOB Creil) |
196.00-198.00 | |
| 2RS Malt (FOB Antwerp) |
566.00-568.00 | |
| 6RW Malt (FOB Antwerp) |
560.00-562.00 | |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
248.00-250.00 | |
| 6RW Malting Barley (FOB Creil) |
236.00-238.00 | |
Feed Barley (FOB Creil) |
205.00-207.00 | |
| 2RS Malt (FOB Antwerp) |
594.00-596.00 | |
| 6RW Malt (FOB Antwerp) |
579.00-581.00 | |
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: China Resources Beer's net profit dips 8% in 2024
...Click here
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India: Carlsberg India’s profit jumps 60.5% in FY24
...Click here
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The Philippines: San Miguel Corp. reports 6% increase in food and beverage unit sales in 2024
...Click here
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Mexico: Grupo Modelo’s beers secure three spots among Mexico’s most valuable brands
...Click here
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Australia: Barley crop 2024 estimate sharply up to 13 mln tonnes
...Click here
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Argentina: Analysts leave barley crop 2024 forecast unchanged, 2025 slightly lowered
...Click here
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USA: Barley farmers fear tariffs amid overall beer consumption decline
...Click here
|
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UK: AB InBev reveals plans to pilot a refillable glass bottle
...Click here
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South Korea: OB Beer becomes Korea’s first liquor company to manufacture beer with solar power
...Click here
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Graph of the week
Table of the week
South America Barley Production, Import, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
17 March
1845 - Bristol man, Henry Jones, patents self-raising flour
1968 - 2-tiered gold price negotiated in Washington D.C. by U.S. and 6 European nations
1997 - CNN begins spanish broadcasts
18 March
1850 - Henry Wells and William Fargo forms American Express in Buffalo
1938 - Mexico takes control of foreign-owned oil properties
1985 - Capital Cities Communications Inc. acquires ABC
19 March
1775 - Poland and Prussia sign trade agreement
1831 - 1st U.S. bank robbery (City Bank, New York/$245,000)
1965 - Indonesia nationalizes all foreign oil companies
Agenda
March 2025:
19 - 20: BeerX 2025 (Liverpool, UK)
21 - 23: St Malo Craft Beer Expo 2025 (St Malo, France)
25 - 27: 109th International Brewing & Engineering Congress 2025 (Kulmbach, Germany)
25 - 27: Expo Antad & Alimentaria Mexico 2025 (Expo Guadalajara, Jalisco, Mexico)
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 (Paris, France)
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)
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)
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Brewery News
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China: China Resources Beer's net profit dips 8% in 2024
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China Resources Beer's net profit dipped over 8 percent year-on-year to 4.74 billion yuan last year as the impairment loss on fixed assets offset
...More info on site
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India: Carlsberg India’s profit jumps 60.5% in FY24
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Carlsberg India has seen its profit jump 60.5 per cent to ₹323.1 crore in FY’24, according to RoC filing by the company, The Hindu
...More info on site
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The Philippines: San Miguel Corp. reports 6% increase in food and beverage unit sales in 2024
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San Miguel Corp. on March 17 reported a 9-percent rise in consolidated revenues to P1.6 trillion in 2024, driven by higher sales volumes across
...More info on site
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Mexico: Grupo Modelo’s beers secure three spots among Mexico’s most valuable brands
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Grupo Modelo secured three spots among Mexico’s most valuable brands in Kantar BrandZ 2025 ranking. For the second consecutive year, Corona was recognized as the country’s most valuable brand, followed by Cerveza Modelo in third place and Cerveza Victoria in sixth, Mexico Business News reported.
Kantar BrandZ evaluates brands based on innovation and consumer relationships. This year, Corona, valued at over US$18.7 billion, stood out for its presence in entertainment, music, and sports, as well as for the launch of Corona Golden Light and the participation of Corona Cero as the first Mexican brand to sponsor the Paris 2024 Olympics. Cerveza Modelo, valued at US$11.5 billion, has positioned itself as a premium option associated with special occasions, while Cerveza Victoria, worth US$3.7 billion, maintains a strong connection to Mexican traditions and cultural identity.
Daniel Cocenzo, President, Grupo Modelo, emphasized the significance of this recognition. “Being part of Kantar BrandZ 2025 in such a special year fills us with pride and motivates us to keep contributing to the country’s growth. This achievement would not be possible without the trust of Mexicans who have supported us for 100 years,” he said.
Grupo Modelo remains a pillar of Mexico’s economy, employing
...More info on site
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UK: AB InBev reveals plans to pilot a refillable glass bottle
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Brewing giant AB InBev announced on March 12 plans to pilot a refillable glass bottle programme, Drinks Retailing News reported.
Speaking at a sustainability event at the company’s Magor brewery in South Wales, Brian Perkins, Western Europe president at AB InBev, stated that the initiative is partly driven by the upcoming Extended Producer Responsibility (EPR) scheme and the Deposit Return Scheme (DRS), both of which have implications for glass bottles.
Perkins emphasised that the project is still in its early stages, with a pilot likely to take place in Newport, near the Magor brewery. While there is no fixed timeline, the pilot could begin as soon as this year, but full implementation may take several years.
He said: “We’re working actively with the Welsh government and other producers across different beverage products to reimagine a future where bottles are returnable in the UK, and refillable.
“We always try and do things that would be both good for business and the right thing to do. And it’s very exciting because this investment would create jobs, too.”
Of the potential programme, Perkins said: “It’s frankly in response to the crushing weight of packaging taxes (in the UK) which are some of the highest
...More info on site
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South Korea: OB Beer becomes Korea’s first liquor company to manufacture beer with solar power
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OB Beer has become the first liquor company in Korea to manufacture beer with renewable energy produced by solar power, Maeil Business Newspaper reported on March 17.
OB Beer announced on the 17th that it will expand the use of renewable energy after completing the construction of solar power facilities at three production plants in Icheon, Cheongju, and Gwangju.
OB Beer is taking the lead in eco-friendly management and is actively participating in the 'RE100' initiative, which covers 100% of the electricity used by companies only with renewable energy to respond to climate change.
To this end, in 2023, OB Beer first installed a 3.7 megawatt (MW) solar panel at its Gwangju plant. The solar panels of the newly installed Icheon plant and the Cheongju plant completed in December last year totaled 1.8 megawatts (MW).
The Icheon plant can generate 1.7 gigawatt-hours (GWh) of renewable energy per year, replacing about 3.7% of the electricity the Icheon plant consumes annually.
The Cheongju plant can generate 0.6 gigawatts (GWh) of renewable energy per year. This is the amount that can replace about 2.6% of the annual power consumption of the Cheongju plant.
The Gwangju plant generates 3.7 gigawatt-hours (GWh) of renewable energy per year, replacing about 11% of
...More info on site
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Barley News
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Australia: Barley crop 2024 estimate sharply up to 13 mln tonnes
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Australia’s barley crop’24 level has risen sharply to 13.0 mln tonnes, driven mainly by ABARES estimate at 13.3 mln tonnes, led by a record
...More info on site
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Argentina: Analysts leave barley crop 2024 forecast unchanged, 2025 slightly lowered
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Crop’24 forecast for barley in Argentina is unchanged at 5.0 mln tonnes, with sufficient quality for malting barley purposes but with a range of
...More info on site
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USA: Barley farmers fear tariffs amid overall beer consumption decline
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Overdue loans and mounting interest payments often weigh on Montana barley grower Mitch Konen as he bales hay and loads trailers at his remote farm overlooking the snow-capped Rocky Mountains, Reuters reported on March 18.
As spring sunshine warms the fields, Konen, 65, and other barley farmers worry tariffs will take away crucial export markets and increase the cost to grow the grains, even as sinking U.S. beer consumption has slashed demand for barley.
"Down here on the farm we’re already stretched pretty thin financially," said Konen, who is also vice president of the National Barley Growers Association. "It makes us wonder whether or not we can even stay in business."
Roughly half of Konen's barley is destined for Mexico, where it will be turned into beer. Some will be shipped back to the U.S. in bottles of Modelo, Corona and Pacifico.
Mexico is the third largest importer of U.S. barley and the biggest importer of U.S. malt, made from germinating kernels of barley and a key ingredient in beer. If Mexico issues tariffs in retaliation or switches to buying barley from other trading partners, experts say it could deal another economic blow to American farmers as U.S. consumers increasingly ditch beer.
Canada, the largest
...More info on site
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 Whisky News
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USA: Diageo suggests alternative to tariffs
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Smirnoff owner Diageo has suggested the US government should consider tougher rules of origin requirements in trade agreements as an alternative to tariffs, The Spirits Business reported on March 17.
In a letter sent to the US trade representative (USTR) on 11 March, the drinks giant argues that new rules of origin would ‘disincentivise the use of non-originating content and support the Trump Administration’s policy objectives’.
The letter was written by Diageo North America’s vice-president of government relations, Alden Schacher, and sent in response to a request for comments to assist in reviewing and identifying unfair trade practices and initiating all necessary actions to investigate harm from non-reciprocal trade arrangements. It was ‘one of hundreds’ published by the USTR from firms and trade associations about tariffs.
The letter begins by highlighting that “by definition, many of [Diageo’s] products must be produced in certain parts of the world, such as Bourbon (US), Tequila (Mexico), Canadian whisky, Scotch whisky, and Irish liqueur. Because of this regional production, consumers have come to know and recognise their preferences for alcoholic beverages based on where those beverages are produced.”
Schacher goes onto mention in the US, the firm supports more than 178,000 jobs, and operates 11 manufacturing sites, with
...More info on site
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