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E-Malt.com Flash 53a
December 25 - December 31, 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 31, 2025 |
Base Currency: US Dollar
on December 31, 2025 |
| |
1 EUR = 1.1763 USD
1 EUR = 0.8718 GBP
1 EUR = 1.6104 CAD
1 EUR = 1.7551 AUD
1 EUR = 183.7620 JPY
1 EUR = 6.5079 BRL
1 EUR = 92.7015 RUB
1 EUR = 8.2350 CNY
|
|
1 USD = 0.8500 EUR
1 USD = 0.7411 GBP
1 USD = 1.3690 CAD
1 USD = 1.4919 AUD
1 USD = 156.1830 JPY
1 USD = 5.5325 BRL
1 USD = 78.8070 RUB
1 USD = 7.0007 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 31, 2025 |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
190.00-192.00 |  |
| 6RW Malting Barley (FOB Creil) |
185.00-187.00 | |
Feed Barley (FOB Creil) |
181.00-183.00 | |
| 2RS Malt (FOB Antwerp) |
524.00-526.00 | |
| 6RW Malt (FOB Antwerp) |
517.50-519.50 | |
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) |
171.00-173.00 | |
| 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.
|
Click here to see our Market Prices History.
World: Boortmalt announces global malting capacity adjustments
...Click here
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World: Worldwide beer consumption increases by 890,000 kl in 2024
...Click here
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USA: Alcohol consumption among adults at its lowest level on record, survey shows
...Click here
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UK: Low & no beer market set to reach record high in 2025
...Click here
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USA: Hop crop 2025 declines as fewer acres outweigh modest gains in yield
...Click here
|
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USA: Mexican beer brands facing strategic turning point in the US
...Click here
|
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Japan: Suntory to prioritise beer with taxes set to be reduced next year
...Click here
|
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India: Water supply additional challenge for brewers in Rajasthan
...Click here
|
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Taiwan: Hops, malt import tariff exemptions pass initial review
...Click here
|
Graph of the week
Table of the week
Poland Hop Area and Production and Alpha Acid Output 2009-2025s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
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
January 2026:
25 - 27: Planete Biere Toulouse 2026 (Toulouse, France)
February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
23 - 23: Beer Experience 2026 (Antwerp, Belgium)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)
March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
15 - 17: Planete Biere Marseille 2026 (Marseille, France)
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)
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)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
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)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
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)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
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Malt News
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World: Boortmalt announces global malting capacity adjustments
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Boortmalt is adjusting its global malting capacity in response to evolving market conditions and declining demand across the brewing and distilling sectors, the company
...More info on site
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Taiwan: Hops, malt import tariff exemptions pass initial review
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Taiwan’s Legislative Yuan’s Finance Committee on December 29 advanced a bill that would make malt and hops duty-free, aiming to lower production costs and support the long-term viability of the domestic beer industry, the Taipei Times reported.
The changes to the Customs Import Tariff, which do not require cross-party negotiations, would eliminate the original 7.5 percent tariff on roasted and unroasted malt, as well as on ground or unground hops and hop extracts, originally 15 and 7.5 percent respectively.
Domestic beer producers have struggled to compete with foreign brands, which benefit from lower tax rates and cheaper market prices, Chinese Nationalist Party (KMT) Legislator Lin Szu-ming and other lawmakers said in their proposal.
The legislators said they drafted the amendments to support the long-term survival and development of domestic beer brands.
Lowering tariffs on malt and hops would cause about a NT$74.35 million (US$2.36 million) loss in tariff revenue, the National Treasury Administration said.
However, the tax cut would increase the competitiveness and demand for domestic beer, which is projected to generate an additional NT$169.74 million in tax revenue, the agency said.
After subtracting the loss in tariff revenue, the net fiscal benefit is estimated to be NT$95.39 million, it added.
The Ministry of Agriculture said it
...More info on site
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Brewery News
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World: Worldwide beer consumption increases by 890,000 kl in 2024
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Kirin Holdings Company, Limited (Kirin Holdings) on December 22 published the Global Beer Consumption Report for 2024 which summarizes the details of global beer
...More info on site
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USA: Alcohol consumption among adults at its lowest level on record, survey shows
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Alcohol consumption among adults in the United States has dropped to its lowest level on record, as more Americans now believe that even moderate
...More info on site
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UK: Low & no beer market set to reach record high in 2025
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The low & no beer market is set to reach a record high of 200m pints sold in 2025, according to the British Beer
...More info on site
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USA: Mexican beer brands facing strategic turning point in the US
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Major Mexican beer brands, including Corona and Modelo, are facing a strategic turning point in the United States as a combination of shifting consumer habits, heightened immigration concerns, and trade tariffs impact sales volumes. Leading distributors, including Constellation Brands, Heineken, and Molson Coors, report a notable decline in demand from their primary consumer bases, Mexico Business News reported on December 26.
A primary driver of the downturn is a reduction in consumption among the Hispanic population in the US Industry surveys indicate that 80% of Hispanic consumers expressed concern over the current socioeconomic environment, with 70% reporting fears regarding their personal finances.
According to market analysts, this economic and social uncertainty, compounded by anti-immigration policies, has led to a change in purchasing behavior. Consumers are participating in fewer social gatherings in both public spaces and homes and are reducing frequency of purchase at convenience stores and gas stations
Constellation Brands, which holds the US licenses for Modelo Especial, Corona Extra, and Pacífico, has lowered its financial guidance for the fiscal year ending in February 2026. The company now anticipates a sales decline of 2% to 4%, a sharp reversal from its previous forecast of up to 3% growth.
Recent fiscal reporting highlights the severity
...More info on site
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Japan: Suntory to prioritise beer with taxes set to be reduced next year
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With taxes on beer set to be reduced next year, major beverage maker Suntory Holdings Ltd. will make a concerted effort to increase sales of its beer products, which will be positioned as the company’s “top priority,” President and CEO Nobuhiro Torii revealed during a recent interview with The Yomiuri Shimbun.
The tax revision, which will take place in October 2026, is expected to lead to lower prices for beer products and a corresponding increase in demand. Suntory will be especially committed to revamping “Kinmugi,” a product currently categorized as a so-called “third-segment” quasi-beer. The beverage maker has decided to implement an unconventional strategy of increasing the malt ratio of Kinmugi so that it will fall under the category of true beer.
Torii explained that the company wants to make efforts to boost the drink’s appeal, including by improving its flavor. “We will further polish Kinmugi,” he said.
Torii went on to say that the company is maintaining strategy of using different price levels to draw a clear distinction between its various tiers of beer products, including Kinmugi, mid-priced “Suntory Nama Beer” and high-quality “The Premium Malt’s.”
“We are thoroughly cultivating each of our brands,” Torii said emphatically.
In September, then Suntory Holdings Chairman and
...More info on site
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India: Water supply additional challenge for brewers in Rajasthan
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Foreign companies operating in India have long grappled with complex regulations and confusing tax laws, ET Hospitality reported on December 27.
In the northwestern state of Rajasthan, some of the world's biggest beverage firms face the additional challenge of securing and managing dwindling water supplies while navigating strict government rules and grievances of some local people who only get the resource piped-in once a week.
Nearly two-thirds of Rajasthan is covered by the Thar Desert, and its groundwater extraction ranks among the highest in India, adding to the economic pressures for the state in balancing the needs of its 85 million people, booming tourism business, industry and its big agricultural sector
Laws in India, the world's most populous nation, bar the movement of liquor across state borders without a special permit, effectively forcing companies to set up production in every state they want to sell in despite the water scarcity. So global giants like Diageo, Carlsberg and Heineken have to maintain factories in Rajasthan if they want to distribute their products in the state.
"(Water stress) is a growing issue in India," said Sonia Thimmiah, senior director of global sustainability at Heineken, the market leader, adding that a few years ago, water demand in
...More info on site
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Hops News
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USA: Hop crop 2025 declines as fewer acres outweigh modest gains in yield
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U.S. hop production declined in 2025 as fewer harvested acres outweighed modest gains in yield, according to the USDA’s latest National Hop Report. Total
...More info on site
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