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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.



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E-Malt.com Flash 46b
November 13 - November 16, 2025


Quote of the Week

Beer will always have a definite role in the diet of an individual and can be considered a cog in the wheel of nutritional foods.
Bruce Carlton

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Currency Rates


Base Currency: Euro
on November 14, 2025
Base Currency: US Dollar
on November 14, 2025
      1 EUR = 1.1615 USD
1 EUR = 0.8827 GBP
1 EUR = 1.6273 CAD
1 EUR = 1.7725 AUD
1 EUR = 179.5870 JPY
1 EUR = 6.1447 BRL
1 EUR = 93.9217 RUB
1 EUR = 8.2500 CNY
      1 USD = 0.8609 EUR
1 USD = 0.7599 GBP
1 USD = 1.4011 CAD
1 USD = 1.5260 AUD
1 USD = 154.6140 JPY
1 USD = 5.2905 BRL
1 USD = 80.8650 RUB
1 USD = 7.1031 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


November 14, 2025
French Barley/Malt
Crop 2025
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 194.00-196.00 -
6RW Malting Barley (FOB Creil) 191.00-193.00 -
Feed Barley (FOB Creil) 180.00-182.00 -
2RS Malt (FOB Antwerp) 528.00-530.00 -
6RW Malt (FOB Antwerp) 524.50-526.50 -
French Barley/Malt
Crop 2026
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 220.00-222.00 -
6RW Malting Barley (FOB Creil) 205.00-207.00 -
Feed Barley (FOB Creil) 186.00-188.00 -
2RS Malt (FOB Antwerp) 559.50-561.50 -
6RW Malt (FOB Antwerp) 541.00-543.00 -
German Malting Barley
Crop 2025
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 159.50-161.50 down0.74%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news World: Global alcohol volume set to decline further in 2025 ...Click here
Brewery news World: Premium-and-above beer shrink in the first six months of 2025 ...Click here
Brewery news Japan: Sapporo anticipates lower revenue this year but raises guidance for profits ...Click here
Brewery news Japan: Three major brewers see sales jump 18% in October ...Click here
Brewery news South Korea: HiteJinro’s operating profit falls 22.5% in the third quarter ...Click here
Brewery news Malaysia: Carlsberg Brewery Malaysia reports higher Q3 earnings ...Click here
Brewery news Ireland: Diageo to invest additional €257.5m to double production capacity of Littleconnell brewery ...Click here

Barley news North America: Canada barely crop forecast maintained at 9 mln tonnes but dry weather causes increasing concern ...Click here
Barley news Australia: Barley crop still expected to reach 15 mln tonnes this crop year ...Click here
Barley news Australia: Australia looking at another large barley export program ...Click here
Barley news Argentina: Barley crop forecast remains at 5.1 mln tonnes ...Click here


More Industry News


Brewery news Romania: Heineken to complete EUR11 mln investment at its Craiova and Ungheni breweries ...Click here
Brewery news Japan: Asahi sees double-digit sales drop in October after cyberattack ...Click here
Brewery news Cyprus: KEO completes major upgrade of its Limassol brewery ...Click here
Brewery news Thailand: Carabao Group unveils new strategy for 2026 to “unlock Thailand’s beer market” ...Click here
Hops news USA: USDA and Hop Quality Group release new hop variety Thora ...Click here
Whisky news UK: Diageo invests in restoring up to 3,000 hectares of degraded peatland across Scotland ...Click here
Brewery news UK: Heineken to cut alcohol strength of its Foster’s beer to 3.4% ...Click here
Brewery news Thailand: Carabao Group preparing to produce Tsingtao beer in Thailand ...Click here

Graph of the week



Table of the week

Barley and Wheat Usage by UK Maltsters, Brewers, and Distillers


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


13 November
1851 - Telegraph connection between London-Paris linked
1893 - Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 - 1st modern elastic brassiere patented by Mary Phelps Jacob

14 November
1494 - Corporate balance sheets and income statements can trace their heritage to this day, as the first edition of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni et Proportionalita is printed in Venice
1957 - OPEC (Organization of Petroleum Exporting Countries), forms
1985 - Brewers release 39-year-old pitcher Rollie Fingers
1994 - 1st trains for public run in English Channel Tunnel
2008 - The first G-20 economic summit opens in Washington, D.C

15 November
1904 - King C Gillette patents Gillette razor blade
1971 - Intel advertises 4004-processor

16 November
1841 - Life preservers made of cork are patented by Napoleon Guerin
1875 - William Bonwill, patents dental mallet to impact gold into cavities
1904 - British physicist John A. Fleming invents the thermionic two-electrode valve, or diode, later known as the vacuum tube, which soon makes the radio possible -- and ultimately powers the earliest modern computers

Agenda

November 2025:
13 - 15: Drink Technology India 2025 (Bombay Exhibition Centre, Mumbai, India)
15 - 18: The International Beer Cup 2025 (Osaka, Japan)

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

February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)

March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
18 - 19: BeerX 2026 (Liverpool, UK)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)

April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22 May: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)

May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (Edinburgh, UK)
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)

June 2026:
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)

November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsWorld: Global alcohol volume set to decline further in 2025
Global beverage alcohol volume is set to decline further in 2025 than expected, according to the mid-year forecast update issued today by IWSR.

The primary ...More info on site


Brewery newsWorld: Premium-and-above beer shrink in the first six months of 2025
Global sales of premium-and-above beer shrank in the first six months of 2025, as key markets such as the US, China and Brazil were ...More info on site


Brewery newsJapan: Sapporo anticipates lower revenue this year but raises guidance for profits
Sapporo Holdings has lowered its forecast for annual revenue but raised its guidance for profits, Yahoo! Finance reported on November 12.

The brewer now anticipates ...More info on site


Brewery news Japan: Three major brewers see sales jump 18% in October
Combined beer sales at three major brewers in Japan excluding Asahi Breweries Ltd. jumped 18 pct year on year in October, an industry estimate has shown, Nippon.com reported on November 14.

Asahi's failure to smoothly ship products in the wake of a ransomware attack against its parent, Asahi Group Holdings Ltd., in late September helped boost demand for rival beer brands, people familiar with the matter said.

The overall sales volume of beer, "happoshu" quasi-beer and "third-segment" beer-like products made by Sapporo Breweries Ltd., Suntory Spirits Ltd. and Kirin Brewery Co. posted a slower growth of 8 pct, with happoshu sales retreating 5 pct in the fallout from recent liquor tax revisions, according to the estimate.

By maker, sales of beer, quasi-beer and beer-like products rose 13 pct at Sapporo thanks chiefly to a smooth brand switch from Asahi at restaurants and bars using compatible beer tap systems. Suntory's sales, also in volume, remained unchanged due to a lack of limited-edition merchandise, despite its similar tap system advantage.

Kirin's sales went up 19 pct in value, pushed up by the release of the new Good Ale beer in October in addition to extra demand in place of Asahi beers.


Brewery newsSouth Korea: HiteJinro’s operating profit falls 22.5% in the third quarter
South Korea’s HiteJinro said on the 14th of November that operating profit in the third quarter of this year fell 22.5% from a year ...More info on site


Brewery newsMalaysia: Carlsberg Brewery Malaysia reports higher Q3 earnings
Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) remains cautious as it navigates an uncertain macroeconomic landscape amid external headwinds and subdued consumer sentiment, The Star ...More info on site


Brewery news Ireland: Diageo to invest additional €257.5m to double production capacity of Littleconnell brewery
Guinness producer Diageo is set to spend an estimated additional €257.5m on its new plan to double the brewery capacity of its €200m state-of-the-art carbon neutral brewery at Littleconnell, Co Kildare, The Irish Independent reported on November 13.

The drinks giant is to lodge plans in the coming days with a statutory planning application notice connected to the project confirming that Diageo is to seek a 10-year planning permission for the scheme.

It is understood that the investment on the new project will generate 800 to 1,000 jobs during the construction phase.

Plans to double the brewery capacity at the site will bring Diageo’s overall investment in the area to an estimated €457.5m.

The new plans for the 40-acre site at the IDA Newbridge Business and Technology Park at Littleconnell will include a 9,333 sqm building.

The statutory planning notice states that the total gross internal floor area of all new buildings in the application will be 14,976 sqm.

The scheme will also include ground-mounted solar panels covering an area of 15,000 sqm while space will be provided for a hard-standing area to accommodate 38 HGV truck parking spaces.

Construction work at the site has been ongoing since June of last year. The proposed expansion will more ...More info on site


Brewery news Romania: Heineken to complete EUR11 mln investment at its Craiova and Ungheni breweries
Heineken has invested 100 million euros over the past ten years in its three breweries in Romania, located in Craiova, Miercurea Ciuc and Ungheni, The Diplomat reported on November 11.

The Dutch company is preparing to complete a 11 million euros investment aimed at installing heat pumps at its Craiova and Ungheni breweries. The project is expected to be finalized in December, with 2 million euros of the financing secured through non-refundable EU funds.

Heineken celebrated 55 years since the establishment of the Craiova brewery. The facility in Dolj County was acquired by Heineken in 2003, and investments made there over the last decade total between 30–35 million euros. The Craiova brewery currently employs around 170 people, a number that increases to approximately 240 during the summer season.

Heineken has been present in Romania since 2003, offering a diverse portfolio of local and international beer and cider brands, most of which are produced at its three domestic breweries in Craiova, Ungheni and Miercurea Ciuc.



Brewery news Japan: Asahi sees double-digit sales drop in October after cyberattack
Japanese beverage giant Asahi Group Holdings says it suffered a double-digit drop in sales in October, the month after a cyberattack shut down its systems, NHK World reported on November 13.

Asahi said on November 13 that sales of soft drinks plunged about 40 percent in value terms compared to the same period a year earlier.

But the company's mainstay beer products performed better, with sales declining less than 10 percent. Asahi attributed that to its focused efforts in resuming order processing and shipments. It pointed to a large product lineup of non-alcoholic beverages as a factor behind the gap in sales.

By contrast, rival beer makers enjoyed strong growth last month. Kirin Brewery reported a 19-percent jump in revenue from beer sales, while Sapporo Breweries posted a 13-percent increase in terms of volume. Both said they received more orders from eateries and other businesses.

Asahi is still struggling to fully restore its computer systems nearly one and a half months after the ransomware attack.


Brewery news Cyprus: KEO completes major upgrade of its Limassol brewery
Cypriot beverage-maker KEO has completed a major technological upgrade at its brewery in Limassol, installing six new high-spec fermentation and maturation tanks, the Cyprus Mail reported on November 12.

According to the company, this is “part of its drive to enhance product quality and improve customer satisfaction”.

“The towering structures, which now dominate the entrance to KEO’s brewery, mark one of the company’s largest infrastructure investments in recent years,” the company added.

Four of the tanks stand 17 metres high with a diameter of 4.5 metres and a capacity of 1,600 hectolitres each.

Two smaller tanks, each eight metres tall with a diameter of 2.3 metres, have a capacity of 150 hectolitres and are designed for the production of specialty beers that require precision and detailed monitoring throughout the brewing process.

The tanks were built to strict German manufacturing standards and are equipped with an advanced automation and monitoring system that digitally supervises the fermentation and maturation processes in real time.

Through this system, key parameters such as temperature, pressure, and carbon dioxide levels are tracked continuously, ensuring that brewing conditions remain stable and controlled.

With automated measurement and regulation instruments, brewers can maintain consistent conditions at every stage of production, guaranteeing maximum uniformity and quality in ...More info on site


Brewery news Thailand: Carabao Group unveils new strategy for 2026 to “unlock Thailand’s beer market”
Sathien Sathientham, vice chairman of Carabao Group, offered a candid reflection on the challenges faced by Thai brewers in a market dominated by a few major players, The Nation reported on November 11.

Despite setbacks, the company has refused to give up, unveiling a new strategy for 2026 to “unlock Thailand’s beer market” through innovative brewing techniques and international production standards.

He admitted the past two to three years had been difficult, involving constant experimentation and travel to perfect a recipe suited to Thai tastes.

“Initially, we wanted a Japanese-style beer, but the deeper we explored, the more we realised that every Japanese beer has its roots in German brewing,” he said, describing the learning curve behind Carabao’s new beer development.

Recently, the company invited over 50 retailers to sample its new Tawandang draft beer, ahead of its official launch, offering a new experience for Thai beer drinkers. For the first time, Tawandang draft beer will be available outside the brewery, targeting restaurants, pubs, and bars nationwide.

“From now until early next year, we’ll distribute around 100 beer dispensers and introduce new beer taps by the first quarter of 2026,” Sathien said, adding, “This time, our beer will meet international standards and ...More info on site


Brewery news UK: Heineken to cut alcohol strength of its Foster’s beer to 3.4%
Foster's beer drinkers in the UK will soon find their lager's alcohol strength cut to 3.4%, Yahoo! Finance reported on November 12.

Heineken UK, which brews Foster's, said cutting the alcohol strength from the current 3.7% would make the lager eligible for lower rates of alcohol duty.

The brewer hinted at cheaper pints saying "customers benefit from more competitive pricing" because of the lower tax charge.

The change is set to go into effect by February, marking the second time in three years that Foster's alcohol percentage, or ABV, has been diluted.

Heineken UK said it was responding to changes in UK government policy, which have encouraged brewers to offer lower alcohol options.

It insisted punters would not notice the difference.

"Our master brewers have spent many months refining the recipe to ensure the taste remains unmistakably Foster's - crisp, balanced, and refreshing," the brewing giant told the PA news agency.

The government introduced a new system of alcohol duties based on strength in August 2023, which made less alcoholic beers and ciders relatively cheaper compared to more powerful alternatives.

Since then, rival brews Carlsberg Pilsner, Coors Light and Grolsch have also been reformulated to an ABV below 3.4% to qualify for the lower rate of tax.

Heineken last ...More info on site


Brewery news Thailand: Carabao Group preparing to produce Tsingtao beer in Thailand
SET-listed Carabao Group Plc is preparing to produce Tsingtao beer as an original equipment manufacturer (OEM) in Thailand, The Bangkok Post reported on November 14.

Sathien Sathientham, chief executive of Carabao Group, said the company has partnered with Tsingtao Brewery and plans to serve as the OEM manufacturer for Tsingtao beer in Thailand, as well as its distributor.

Production is expected to begin in 2026, with Thailand potentially serving as a manufacturing and export base to other countries within Southeast Asia.

The company is also in talks with Tsingtao regarding the distribution of Carabao energy drink products in China, leveraging the Chinese company's strong logistics network. The initial plan is to launch in 2-3 provinces, one being Shandong, while it is also considering a launch in Yunnan province, where Carabao previously had a market presence.

The move could be a strategic effort to diversify risk and tap into new opportunities.

He said the brand is gaining recognition, partly due to its sponsorship of England's Football League Cup, widely known as the Carabao Cup.

According to its 2024 annual report, international sales accounted for about 27% of the company's total revenue.

Mr Sathien said this year's energy drink sales domestically have been strong, with the company becoming the ...More info on site



BarleyBarley News Barley


Barley newsNorth America: Canada barely crop forecast maintained at 9 mln tonnes but dry weather causes increasing concern
The prevailing dry weather pattern that allowed for a swift harvest completion in Canada is shifting toward an area of concern as these dry ...More info on site


Barley newsAustralia: Barley crop still expected to reach 15 mln tonnes this crop year
Harvest on Australia’s east coast has encountered some delay due to rain the past two weeks but in general clearer weather is forecast which ...More info on site


Barley newsAustralia: Australia looking at another large barley export program
Australia’s 2025/26 barley harvest is underway and early expectations for a record should see the country as an active participant in the world export ...More info on site


Barley newsArgentina: Barley crop forecast remains at 5.1 mln tonnes
Persistent heavy rainfall continues to affect major barley-producing regions in South America, increasing the pressure on agronomic practices to control disease, RMI Analytics said ...More info on site



HopsHops News Hops


Hops news USA: USDA and Hop Quality Group release new hop variety Thora
The United States Department of Agriculture – Agricultural Research Service (USDA-ARS) and the Hop Quality Group (HQG) have released a new public hop variety: Thora, Craft Brewing Business reported on November 12.

Developed to meet the needs of both craft brewers and hop growers, Thora blends high agronomic performance with a complex tropical aroma profile.

The hop takes its name from the Old Norse word Þórr, meaning “thunder.” It’s the first variety to emerge from the collaboration between HQG and USDA-ARS, which began in 2015 to create publicly available hops with modern flavor and strong field performance.

From the official press release:

“Thora is the culmination of over a decade of hard work by the Hop Quality Group to make meaningful change within the hop industry,” said Eric Desmarais, 4th generation owner of CLS Farms.”

HQG’s network of more than 50 U.S. craft breweries partnered with USDA-ARS hop breeders through every stage of Thora’s development. Brewers participated in early rub-and-sniff trials, pilot brews, and thiol analysis to ensure the variety would stand out in the brewhouse. The result is a hop that balances aroma intensity with grower practicality — a goal shared by the HQG since its founding in 2010 to advance hop ...More info on site



WhiskyWhisky News Whisky


Whisky news UK: Diageo invests in restoring up to 3,000 hectares of degraded peatland across Scotland
Diageo has announced a £5 million investment over the next five years to restore up to 3,000 hectares of degraded peatland across Scotland, Foodbev Media reported on November 13.

The initiative, delivered in partnership with environmental group Caledonian Climate, aims to boost carbon storage, enhance biodiversity and improve water management in key landscapes critical to the Scotch whisky industry.

Peat, which gives many Scotch whiskies their distinctive smoky flavour, plays a vital environmental role beyond whisky production. Healthy peatlands act as natural carbon sinks and help regulate water flow and quality, a crucial factor given that water is the number one ingredient in Scotch. However, many of Scotland’s peatlands have become degraded, releasing carbon and threatening local ecosystems.

Ewan Andrew, president of global supply and chief sustainability officer at Diageo, said: “Restoring and protecting Scotland’s peatlands is essential to addressing climate change, protecting biodiversity and reducing carbon emissions“.

“We’re taking a multi-pronged approach through restoration, innovation and collaboration, to restore many times more peat than we use, ensuring the smoky character of Scotch can continue sustainably for generations.”

The restoration programme will be managed by Caledonian Climate, working with scientific experts, landowners, NGOs and community partners. Monitoring will focus on carbon sequestration, biodiversity and water ...More info on site


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