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E-Malt.com Flash 07a
February 09 - February 11, 2026
Quote of the Week
Success is the sum of small efforts, repeated day in and day out.
Robert J. Collier
Currency Rates
Base Currency: Euro
on February 11, 2026 |
Base Currency: US Dollar
on February 11, 2026 |
| |
1 EUR = 1.1903 USD
1 EUR = 0.8709 GBP
1 EUR = 1.6132 CAD
1 EUR = 1.6822 AUD
1 EUR = 184.4780 JPY
1 EUR = 6.1847 BRL
1 EUR = 91.8758 RUB
1 EUR = 8.2304 CNY
|
|
1 USD = 0.8400 EUR
1 USD = 0.7316 GBP
1 USD = 1.3553 CAD
1 USD = 1.4132 AUD
1 USD = 154.9720 JPY
1 USD = 5.1960 BRL
1 USD = 77.1880 RUB
1 USD = 6.9146 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 11, 2026 |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
190.00-192.00 |  |
| 6RW Malting Barley (FOB Creil) |
189.00-191.00 | |
Feed Barley (FOB Creil) |
186.00-188.00 |  1.06% |
| 2RS Malt (FOB Antwerp) |
525.00-527.00 | |
| 6RW Malt (FOB Antwerp) |
523.50-525.50 | |
French Barley/Malt
Crop 2026
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
215.00-217.00 |  1.89% |
| 6RW Malting Barley (FOB Creil) |
205.00-207.00 | 1.98% |
Feed Barley (FOB Creil) |
182.00-184.00 | 1.10% |
| 2RS Malt (FOB Antwerp) |
553.50-555.50 | 0.90% |
| 6RW Malt (FOB Antwerp) |
541.00-543.00 | 0.92% |
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: Beer industry eagerly hoping for recovery in consumption volumes
...Click here
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World: Heineken shares up as it reports significantly higher profit in fiscal 2025
...Click here
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Germany: Beer industry experiences sharpest decline since 1993
...Click here
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Brazil: Brewers expect recovery after weather-hit year
...Click here
|
|
USA: Beer volumes show signs of improvement in January
...Click here
|
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India: United Breweries enjoys two-fold jump in consolidated net profit in December quarter
...Click here
|
|
Malaysia: Carlsberg Brewery Malaysia posts rise in Q4 net profit but remains cautious amid macroeconomic uncertainties
...Click here
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World: Barley S&D remains very comfortable from the supply side
...Click here
|
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EU & UK: Barley crop forecast unchanged at 58.2 mln tonnes
...Click here
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Canada: Analysts expect stable barley planted area and still significant crop of 9 mln tonnes in 2026
...Click here
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Argentina: Analysts expect barley crop 2026 to reach around 4.9 mln tonnes
...Click here
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World: Heineken to cut up to 6,000 jobs from its global workforce
...Click here
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Canada: Aluminium tariffs leave Canadian brewers suffering from domestic can supply
...Click here
|
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New Zealand & Australia: New Zealand should look to follow Australia’s example of freezing draught beer excises – Brewers Association
...Click here
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India: AB InBev India to procure over 16,000 tonnes of domestically grown barley
...Click here
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Hungary: Hungarian government signs strategic cooperation agreement with Dreher Breweries
...Click here
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Graph of the week
Table of the week
Australia Barley Supply and Disposition
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
09 February
1585 - The Frankfurt Stock Exchange is established
1955 - US federations of trade unions merge into AFL/CIO
1969 - World's largest airplane, Boeing 747, makes 1st commercial flight
10 February
1635 - Academie Francaise forms in Paris (by Cardinal Richelieu)
1933 - Delivery of 1st singing telegram
1961 - Niagara Falls hydroelectric project begins producing power
11 February
1809 - Robert Fulton patents steamboat
1826 - London University founded
1987 - British Airways begins trading stocks
Agenda
February 2026:
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: RMI Global Conference 2026 (Lisbon, Portugal)
24 - 26: 110th International Brewing & Engineering Conference 2026 (Erding, Germany)
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)
 Malt News
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EU: Malt exports remain the lowest in four years
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EU malt exports remain the lowest in four years, and 0.2 mln tonnes behind the crop’24 levels, RMI Analytics said in their latest report.
...More info on site
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Brewery News
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World: Beer industry eagerly hoping for recovery in consumption volumes
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As 2026 progresses, the beer industry is eagerly hoping for, and indeed requires, a significant recovery in consumption volumes for beer and whisky. A
...More info on site
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Germany: Beer industry experiences sharpest decline since 1993
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In 2025, German breweries and beer distributors experienced their sharpest sales decline since 1993, according to data from the German Federal Statistical Office (Destatis).
Beer
...More info on site
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World: Heineken shares up as it reports significantly higher profit in fiscal 2025
|
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Shares of Heineken N.V. were gaining around 5 percent in the morning trading in Amsterdam after the Dutch brewer reported on February 11 significantly
...More info on site
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Brazil: Brewers expect recovery after weather-hit year
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The release of fourth-quarter 2025 earnings should close a challenging chapter for Brazil’s brewers. Last year, colder-than-usual weather weighed on sales and led to
...More info on site
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USA: Beer volumes show signs of improvement in January
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Following a disappointing 2025 performance, U.S. beer volumes are beginning to show signs of improvement in January, with the Total Index rising to 39,
...More info on site
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India: United Breweries enjoys two-fold jump in consolidated net profit in December quarter
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Beer maker United Breweries Ltd has reported on February 11 a two-fold jump in consolidated net profit of Rs 81.15 crore in the December
...More info on site
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Malaysia: Carlsberg Brewery Malaysia posts rise in Q4 net profit but remains cautious amid macroeconomic uncertainties
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Carlsberg Brewery Malaysia Bhd, which posted a 22% rise in net profit for the fourth quarter ended Dec 31, 2025 (4Q25), remains cautious amid
...More info on site
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World: Heineken to cut up to 6,000 jobs from its global workforce
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Heineken said on February 11 it would cut up to 6,000 jobs from its global workforce and set lower expectations for profit growth in 2026 than a year earlier, as the Dutch brewer and its peers grapple with weak demand for beers, the Economic Times reported.
The world's No.2 brewer by market value has promised to deliver higher growth with fewer resources under a new strategy spanning the years until 2030.
This productivity drive would unlock significant savings and reduce its global head count by between 5,000 and 6,000 roles over the next two years, it added.
The news comes as the maker of Tiger and Amstel, alongside its namesake lager, also reported forecast-beating annual organic operating profit, which grew 4.4% in 2025 versus analyst expectations for 4% growth.
But it trimmed its growth expectations for 2026 versus a year earlier, saying it expected profits to grow between 2% and 6%, rather than the 4% to 8% growth it guided for in 2025.
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Canada: Aluminium tariffs leave Canadian brewers suffering from domestic can supply
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For Canada’s beer industry, the most difficult part of going local isn’t the hops or the barley, it’s the can. As the US tariffs on aluminium near their one-year mark, breweries say packaging has become one of the most stubborn and expensive obstacles in their supply chains, ALCircle reported on February 9.
The challenge is not rooted in the scarcity of raw material. Canada remains a major producer of primary aluminium. What’s missing is domestic manufacturing capacity for certain widely used beer can formats, including the 473-millilitre tall can that dominates the craft beer market.
That gap became evident during a recent initiative by Ottawa-based Dominion City Brewing, which set out to produce a beer made entirely from Canadian inputs. While the ingredients inside the can meet that goal, the container itself did not. With no local option available, the brewery sourced its cans from the United States.
However, Josh McJannet, co-founder of Dominion City Brewing, believes that there are no Canadian-made alternatives for some of these cans, and hence, sourcing them domestically is nearly impossible.
Reliance on the US suppliers has become increasingly costly since aluminium and steel tariffs were reinstated and expanded. Originally introduced at 25 per cent, the tariffs were raised
...More info on site
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New Zealand & Australia: New Zealand should look to follow Australia’s example of freezing draught beer excises – Brewers Association
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The Brewers Association of New Zealand, the Brewers Guild of New Zealand and Hospitality New Zealand say the latest move by Australia to freeze draught beer excise should prompt a serious look at how New Zealand treats its own brewers and hospitality businesses, The Shout Magazine reported on February 11.
Across the Tasman, the Anthony Albanese Government last week passed legislation recognising the intense pressure facing pubs and acted to stop further tax increases landing on beer poured in venues from kegs.
In New Zealand, excise tax continues to rise automatically every year.
Brewers Association Executive Director Dylan Firth says the gap between the two countries is becoming impossible to ignore.
“Australia already has a lower excise outcome for beer sold on tap and a rebate for brewers of up to A$400,000. Now they’ve recognised the pressure on pubs and decided the moment calls for a pause in increases.
“Meanwhile in New Zealand, excise keeps automatically rising regardless of what’s happening in the market.
“If the Government is collecting roughly the same revenue while New Zealanders are drinking less beer, that tells you tax is taking up a growing share of the price of every glass poured,” he says.
Over the past five years, beer excise in
...More info on site
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Hungary: Hungarian government signs strategic cooperation agreement with Dreher Breweries
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The Hungarian government has signed its 103rd strategic cooperation agreement, this time with Dreher Sörgyárak Ltd, Foreign Minister Péter Szijjártó announced in Budapest on February 6. The agreement accompanies a 100 billion forint investment programme that is set to take beer production in Budapest’s Kőbánya district to a new level, the Hungarian Conservative reported.
Speaking after the signing, Szijjártó said that although the 170-year-old brewery is now under Japanese ownership, Dreher has become deeply embedded in Hungarian culture and traditions and is therefore regarded as a domestic company. He added that the firm’s operations extend well beyond brewing, as the livelihoods of around 8,500 Hungarian families depend on it.
According to the minister, 86 per cent of Dreher’s suppliers are Hungarian small and medium-sized enterprises, meaning that the investment programme also represents a major development opportunity for domestic businesses. He described the project as the largest investment ever undertaken in Hungarian beer production, with the entire manufacturing process in Kőbánya being upgraded through new technologies that could make Dreher distinctive even at a global level.
Szijjártó said the decision to formalize the partnership reflected an already well-established and highly valued relationship between the government and the company. He stressed that strategic partners form
...More info on site
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Barley News
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World: Barley S&D remains very comfortable from the supply side
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The global barley supply & demand remains very comfortable from the supply side, from more than adequate production from crop’25 of 154.6 mln tonnes,
...More info on site
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EU & UK: Barley crop forecast unchanged at 58.2 mln tonnes
|
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Cold winter weather has arrived in eastern Europe, which is raising some concerns about winter crops in areas where snow cover is light while
...More info on site
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Canada: Analysts expect stable barley planted area and still significant crop of 9 mln tonnes in 2026
|
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From a weather perspective, the cold weather in the southern USA is raising concerns about winter wheat conditions. Also, further dryness in key barley
...More info on site
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Argentina: Analysts expect barley crop 2026 to reach around 4.9 mln tonnes
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The last of South America’s barley harvest lies in Chile which is about 60% complete, but now weather conditions have turned wet, stalling harvest
...More info on site
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India: AB InBev India to procure over 16,000 tonnes of domestically grown barley
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Leading brewer AB InBev India will procure over 16,000 tons of domestically grown barley in 2026 to strengthen long-term sourcing resilience and farmer market linkages, Rediff Money reported on February 10.
It has plans to engage over 2,000 barley farmers through its SmartBarley program across key growing states, said a company official at the 6th Annual Barley Growers Day in Chomu, Rajasthan.
The initiative covers farmers across Rajasthan, Haryana and Uttar Pradesh, while advancing sustainable agriculture, scientific farming practices and resilient local supply chains.
In India, AB InBev has been working with barley farmers since 2009 and formally launched the SmartBarley framework in 2016.
The company said it will continue to expand the program into new regions, increase per-farmer land allocation to malt-quality barley and deepen long-term farmer partnerships.
"We have proven that when farmers are equipped with regenerative agriculture practices and timely insights, they build the resilient supply chains of the future," said Arun Jacob Mathews, Director - Procurement & Sustainability, AB InBev India.
It had brought over 400 farmers for R&D field trials, expert-led knowledge sessions and recognition of sustainable farming leadership, said AB InBev India.
AB InBev India is part of Anheuser-Busch InBev SA/NV (AB InBev), the world's largest brewing company headquartered in Leuven,
...More info on site
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