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E-Malt.com Flash 51a
December 15 - December 17, 2025
Quote of the Week
Merry Christmas and best wishes for a healthy and prosperous 2026!
The E-malt.com Team
Currency Rates
Base Currency: Euro
on December 17, 2025 |
Base Currency: US Dollar
on December 17, 2025 |
| |
1 EUR = 1.1757 USD
1 EUR = 0.8772 GBP
1 EUR = 1.6179 CAD
1 EUR = 1.7717 AUD
1 EUR = 182.0000 JPY
1 EUR = 6.3943 BRL
1 EUR = 93.3640 RUB
1 EUR = 8.2823 CNY
|
|
1 USD = 0.8504 EUR
1 USD = 0.7460 GBP
1 USD = 1.3761 CAD
1 USD = 1.5068 AUD
1 USD = 154.7890 JPY
1 USD = 5.4385 BRL
1 USD = 79.4090 RUB
1 USD = 7.0443 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 17, 2025 |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
197.00-199.00 |  |
| 6RW Malting Barley (FOB Creil) |
192.00-194.00 | |
Feed Barley (FOB Creil) |
187.00-189.00 | |
| 2RS Malt (FOB Antwerp) |
532.50-534.50 | |
| 6RW Malt (FOB Antwerp) |
526.50-528.50 | |
French Barley/Malt
Crop 2026
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
221.00-223.00 | |
| 6RW Malting Barley (FOB Creil) |
206.00-208.00 | |
Feed Barley (FOB Creil) |
175.00-177.00 | |
| 2RS Malt (FOB Antwerp) |
561.00-563.00 | |
| 6RW Malt (FOB Antwerp) |
542.50-544.50 | |
German Malting Barley
Crop 2025
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
USA: Brewers Association's 2025 year in beer: Contraction, closures and the fight for occasions
...Click here
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Kenya: Diageo to sell its stake in East African Breweries to Asahi Group
...Click here
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UK: UK brewers facing “heavy headwinds” from increased taxation, other issues
...Click here
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Argentina: Barley crop 2025 development supported by favourable weather
...Click here
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UK: Scotch whisky facing a sharp downturn in production
...Click here
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Japan: Kirin set to ramp up beer development via proprietary AI
...Click here
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UK & South Korea: New UK-South Korea deal to benefit exports of Guinness, cars, Scottish salmon
...Click here
|
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Brazil: Ambev inaugurates sustainable glass factory
...Click here
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Norway & Sweden: Olvi Group acquires majority share in Brewery International group
...Click here
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Graph of the week
Table of the week
The Number of Breweries in Europe 2017 - 2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 December
1792 - 1st life insurance policy issued in US (Philadelphia)
1832 - Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris)
1854 - 1st street-cleaning machine in U.S. 1st used in Philadelphia
1877 - Thomas Edison patents phonograph
1886 - For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares
16 December
1834 - Leon Walras French economist is born
1905 - Variety, covering all phases of show business, 1st published
1908 - 1st credit union in US forms (Manchester NH)
17 December
1770 - Ludwig Von Beethoven, composer is born in Bonn, Germany
1895 - George Brownell patents a machine to make paper twine (Mass)
1924 - 1st U.S. diesel electric locomotive enters service, Bronx, New York
1964 - Largest newspaper-Sunday NY Times at 946 pages
Agenda
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)
20 - 22: St Malo Craft Beer Expo 2026 (St Malo, France)
24 - 26: 110th International Brewing & Engineering Conference 2026 (Erding, Germany)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
26 - 28: Warsaw Beer Festival 2026 (Warsaw, Poland)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
10 - 11: InnBrew 2026 (Barcelona, Spain)
10 - 12: Barcelona Beer Festival 2026 (Barcelona, Spain)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
September 2026:
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
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Brewery News
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USA: Brewers Association's 2025 year in beer: Contraction, closures and the fight for occasions
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In the waning days of 2025, the Brewers Association (BA)—the not-for-profit trade association dedicated to small and independent American craft brewers—recaps a year of continued contraction, punctuated by creativity and innovation.
The headwinds facing the industry did not diminish compared to a year ago, and in some areas only strengthened. Measured in July in the BA’s midyear survey, craft volume was estimated to be down 5%, a somewhat steeper decline than the full-year trend of 2024 (-4%). While full 2025 production numbers will not be finalized until the Beer Industry Production Survey in Q1 2026, scan data for Q3 2025 suggests a continued weakening in the back half of 2025. As such, we may expect contraction slightly beyond that midyear figure for the full year of 2025.
Barring a drastic change in the last few weeks of the year, 2025 will be the second consecutive year in which brewery closings outpace brewery openings. Throughout the year, the BA has tracked 268 new brewery openings and 434 closings. While striking in headlines, closings still represent a relatively low percentage (4.4%) of total operating breweries, especially when compared against leisure and hospitality businesses broadly.
“If the craft beer industry is a ship,
...More info on site
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Kenya: Diageo to sell its stake in East African Breweries to Asahi Group
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Diageo announced on December 17 it had agreed to sell its 65% stake in East African Breweries to Japan's Asahi Group Holdings in a
...More info on site
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UK: UK brewers facing “heavy headwinds” from increased taxation, other issues
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According to the Society of Independent Brewers & Associates (SIBA) Independent Beer Report 2025, demand for independent beer remains strong, however UK brewers are
...More info on site
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Japan: Kirin set to ramp up beer development via proprietary AI
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Major Japanese beverage maker Kirin Holdings Co is set to ramp up beer development with its proprietary artificial intelligence, a company official said, underscoring the expanding role of advanced technology in sensory fields, Japan Today reported on December 16.
The AI system identifies the compounds needed for a desired flavor profile from a wide range of taste-influencing factors, such as bitterness and richness, the official said, with Kirin planning to use the technology in beers released from March 2026 onward.
By combining human expertise with AI, the firm aims to boost both the accuracy and speed of its work, improving how quickly and precisely new beer flavors can be created, the official added.
As a beer's flavor depends on a complex mix of ingredients, determining the key components and ideal balance has been difficult, with much of the fine-tuning traditionally relying on the experience of individual brew developers.
Kirin has built an AI system based on two decades of ingredient data and consumer tasting surveys, allowing the company to quantify how specific compounds shape flavor and helping it design beers with targeted taste profiles.
When a new beer faces issues involving bitterness, the AI presents ingredient options that can address the problem. In tests in
...More info on site
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UK & South Korea: New UK-South Korea deal to benefit exports of Guinness, cars, Scottish salmon
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The UK has signed a new trade deal with South Korea designed to increase exports of cars, Scottish salmon and Guinness canned in Britain, The Guardian reported on December 15.
Keir Starmer described the deal, which replaces an existing agreement, as “a huge win for British business and working people”. It follows UK deals with India and the US, and the free trade agreement with the EU clinched this year.
Existing trade between the UK and South Korea is worth more than £15bn a year under a 2019 post-Brexit arrangement. The new deal covers the exports of services, automotive, pharmaceutical and food and drink, and would bring an extra £400m a year to the British economy, the UK government said.
Significantly, the deal also lowers the threshold on the quantity of parts in a car that must be British or from the EU to qualify for zero tariffs from January.
Under the current rules, 55% of a car must be made in the UK or the EU to qualify for duty-free sales. This has been dropped to 25% under the new deal, enabling carmakers to buy batteries or battery components from China and still qualify for zero-tariff exports to South Korea.
Richard Molyneux, the chief
...More info on site
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Brazil: Ambev inaugurates sustainable glass factory
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Brazil’s leading brewer Ambev has inaugurated its glass factory in Carambeí, Paraná, Brazil, Glass International reported on December 16.
The facility is the company’s second glass factory in Brazil, adding to its plant in Rio de Janeiro.
It will run on 100% renewable electricity and is prepared to operate with biofuels.
It can also produce bottles with up to 80% recycled glass.
The total invested in the facility amounted to BRL 1 billion (approximately US $185 million).
Felipe Baruque, Vice-President Procurement & Sustainability at AB InBev, said: “In the last three years, we have invested more than BRL 10 billion in our operations in Brazil.
“We will continue to make progress to ensure a more efficient, modern chain prepared to keep up with market growth and consumer preferences.”
The plant has a capacity of 600 million bottles per year and will supply Ambev’s breweries in different states.
It will also support the growth of its premium portfolio and optimise delivery time and supply.
Since the beginning of the works, Ambev has generated more than 4,200 jobs in the region.
Now in operation, there will be at least 170 new direct and indirect jobs.
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Norway & Sweden: Olvi Group acquires majority share in Brewery International group
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Beverage company Olvi Group has expanded its footprint in the Nordic region through the acquisition of a 51% majority share in the Brewery International group, ESM reported on December 15.
This group of companies specialises in the import and distribution of premium beverages across Norway and Sweden, with Olvi Group retaining an option to acquire the remaining shares at a later date.
The transaction is expected to be finalised in January 2026, though the value and specific terms have not been disclosed.
Brewery International’s business operations encompass two key areas: the Brewery International companies, which focus on brewery products; and the Mission Wine & Spirits companies, dedicated to quality wines and spirits.
This dual focus aligns with Olvi Group’s strategic objectives of expanding its multi-beverage portfolio and fostering international growth through branded partnerships.
With 29 employees and a revenue of €22 million in 2024, Brewery International is renowned for its extensive selection of premium alcoholic and non-alcoholic drinks.
Notably, Brewery International represents leading global beer brands such as San Miguel and holds strong positions in the cider, RTD (ready-to-drink), soft-drink and energy drink categories.
The Mission Wine & Spirit companies complement this by importing and distributing wines and spirits from producers worldwide.
The group also boasts a broad
...More info on site
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Barley News
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Argentina: Barley crop 2025 development supported by favourable weather
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The combination of persistent rainfall, with cooler temperatures is supporting barley crop’25 development as harvest approaches. Without the cooler conditions the presence of disease
...More info on site
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 Hops News
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World: Global hop acreage down 5% in 2025
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The persistent weakness in the global hop market remained evident following the 2024 harvest. Spot market prices were well below production costs, and forward
...More info on site
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Whisky News
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UK: Scotch whisky facing a sharp downturn in production
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Scotch whisky is facing a sharp downturn in production as it adapts to tough market conditions around the world, the BBC reported on December
...More info on site
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