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E-Malt.com Flash 26a
June 22 - June 24, 2026
Quote of the Week
You have to try something new, even if you have no idea if it’s going to work.
Jimmy Fallon
Currency Rates
Base Currency: Euro
on June 24, 2026 |
Base Currency: US Dollar
on June 24, 2026 |
| |
1 EUR = 1.1400 USD
1 EUR = 0.8625 GBP
1 EUR = 1.6174 CAD
1 EUR = 1.6419 AUD
1 EUR = 184.1570 JPY
1 EUR = 5.8899 BRL
1 EUR = 84.8856 RUB
1 EUR = 7.7291 CNY
|
|
1 USD = 0.8771 EUR
1 USD = 0.7566 GBP
1 USD = 1.4188 CAD
1 USD = 1.4402 AUD
1 USD = 161.5370 JPY
1 USD = 5.1667 BRL
1 USD = 74.4623 RUB
1 USD = 6.7800 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 24, 2026 |
French Barley/Malt
Crop 2026
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
217.00-219.00 |  |
| 6RW Malting Barley (FOB Creil) |
199.00-201.00 | |
Feed Barley (FOB Creil) |
189.00-191.00 | |
| 2RS Malt (FOB Antwerp) |
556.00-558.00 | |
| 6RW Malt (FOB Antwerp) |
533.50-535.50 | |
French Barley/Malt
Crop 2027
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
233.00-235.00 | |
| 6RW Malting Barley (FOB Creil) |
215.00-217.00 | |
Feed Barley (FOB Creil) |
202.00-204.00 | |
| 2RS Malt (FOB Antwerp) |
575.50-577.50 | |
| 6RW Malt (FOB Antwerp) |
553.50-555.50 | |
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: World’s 40 largest beer companies sell 3.1% less beer in 2025
...Click here
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World: Heineken appoints Rafael Oliveira as its new chair and CEO
...Click here
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Spain: Damm closes 2025 fiscal year with 11.4% dip in net profit
...Click here
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World: Molson Coors outlines cautious 2026 strategy
...Click here
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Australia: Barley crop forecast unchanged at 14.2 mln tonnes
...Click here
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Canada: Barley prices turn lower following global trend of improving crop prospects
...Click here
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Europe: MARS forecasts EU main crop yields below last year’s level
...Click here
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The Czech Republic: Hop cultivation area reduced by further 26 ha this year
...Click here
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Australia: Union pushes to save Boag's Brewery in Launceston from closing down
...Click here
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Kenya: East African Breweries escalates legal battle to protect Diageo-Asahi deal
...Click here
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Bangladesh: Bangladesh's only local beer survives in shadows of alcohol restrictions
...Click here
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Graph of the week
Table of the week
The Brewing Industry in Belgium 1900-2025
Barley Prices
Theoretical Malt Prices
These Days in Business History
22 June
1775 - US Congress authorizes the first issuance of Continental Currency, or U.S. paper money
1899 - Michal Kalecki is born, Polish economist
2009 - Eastman Kodak Company announces that it will discontinue sales of the Kodachrome Color Film, concluding its 74-year run as a photography icon
23 June
1848 - Antoine Joseph Sax patents Saxophone
1907 - James Meade, English Economist
24 June
1839 - Gustavus Franklin Swift, founded Swift and Co
1932 - David McTaggart is born, co-founder, Greenpeace
1963 - 1st demonstration of home video recorder, at BBC Studios, London
Agenda
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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Brewery News
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World: World’s 40 largest beer companies sell 3.1% less beer in 2025
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The brewing industry remains under pressure worldwide. In total, the world’s 40 largest brewing groups sold approximately 1,586 million hectolitres of beer in 2025.
...More info on site
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World: Heineken appoints Rafael Oliveira as its new chair and CEO
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Dutch beer maker Heineken has appointed Rafael Oliveira as its new chair and CEO, it said on June 23, becoming one of several alcoholic drinks makers to seek to galvanise sales through a change of leadership.
Oliveira has been the CEO of Dutch coffee and tea maker JDE Peet's since 2024. He will join Heineken, the world's No. 2 brewer, for four years from October 1, the company said in a statement.
"After a rigorous global search, the supervisory board unanimously chose Rafa for his unique mix of strategic vision, operational expertise, and financial acumen," Heineken said.
Heineken's previous CEO Dolf van den Brink, who led Heineken for six years, announced his resignation in January and the company has been without a CEO since the start of June. Across the industry, several major drinks companies have responded to a plunge in alcohol sales by reviewing senior management.
Keurig Dr Pepper, the current owner of JDE Peet's, in April appointed Oliveira to lead a new global coffee business, combining its own operations with those of JDE Peet's.
KDP is planning to break itself into two U.S. listed companies, one for beverages and one for coffee.
In a statement issued by KDP on June 23, Oliveira said it
...More info on site
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Italy: 2025 beer production down 2.5%
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A resilient market holding its own despite the ongoing consumer crisis in Italy, or yet another year in which the target of returning to
...More info on site
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Spain: Damm closes 2025 fiscal year with 11.4% dip in net profit
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Damm closed the 2025 fiscal year with a net profit of 155 million euros, 11.4% less than in 2024, while international business gained weight
...More info on site
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World: Molson Coors outlines cautious 2026 strategy
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Molson Coors is emphasizing portfolio premiumization, disciplined cost control and U.S. core beer positioning as it navigates shifting consumer tastes and input costs. The
...More info on site
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Australia: Union pushes to save Boag's Brewery in Launceston from closing down
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There is a new push to save Boag's Brewery in Launceston from closing down, ABC News reported on June 22.
The union that represents workers at the brewery has started a community petition and written to Premier Jeremy Rockliff, urging him to intervene and stop the brewery's slated closure.
The petition states that if parent company Lion Australia "no longer wants to brew Boag's in Tasmania, it must sell the brewery and brand to someone who does".
"Boag's stays Tasmanian."
Lion announced in early June its plan to stop production in Tasmania by November.
Boag's first opened in Launceston in 1881 and is one of Australia's longest continuously operating brewing locations.
The United Workers Union's Ben Dudman said the brewery currently employed about 40 people and should be sold to a new owner, rather than closed down.
"Boag's has a 145-year history in this state and in Launceston, where it's been brewed," Mr Dudman said.
"It's important for local jobs, not just at the brewery where workers are most impacted, but more broadly as well.
"This impacts local tourism, local hospitality and our broader northern economy.
"There's close to 40 workers that will be impacted at Boag's in Launceston should this decision go ahead, it is a larger employer in
...More info on site
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China: Tsingtao focuses on premium beer strategy
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Tsingtao Brewery’s dual listings in Hong Kong and Shanghai keep the Chinese brewer in focus as investors track its push into premium and international beer segments against global peers such as Heineken and AB InBev, Ad-Hoc News reported on June 22.
Tsingtao Brewery remains one of China’s best-known beer producers with shares listed in Hong Kong under code 0168 and on the Shanghai exchange under code 600600. The stock offers exposure to the country’s growing premium beer market alongside global peers such as Heineken and AB InBev.
On Hong Kong’s HKEX, Tsingtao Brew shares with code 0168 most recently closed at 44.80 Hong Kong dollars, a daily decline of 1.32 percent according to Investing.com. Over the same session, the Hong Kong listing traded in a range between 44.16 and 45.40 Hong Kong dollars, illustrating moderate intraday volatility.
On the Shanghai Stock Exchange, the A-share listing under code 600600 closed at 53.92 Chinese yuan, edging 0.04 percent higher on the day based on Investing.com data. During that session, the Shanghai-traded shares moved between 52.65 and 54.54 yuan, highlighting slightly firmer resilience in mainland trading compared with the Hong Kong line.
Tsingtao ranks among the leading mainland Chinese brewers by sales volume and brand recognition, competing
...More info on site
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Kenya: East African Breweries escalates legal battle to protect Diageo-Asahi deal
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East African Breweries has escalated its legal battle to protect the KSh 340 billion Diageo-Asahi deal, writing to Chief Justice Martha Koome to warn that coordinated forum shopping across multiple court stations risks derailing one of the largest foreign direct investments in Kenya's history.
In the letter, the listed brewer is petitioning the Chief Justice to appoint a single Nairobi High Court judge to manage all pending proceedings and issue administrative directions for expedited hearing.
The brewer is also seeking to engage the Judicial Service Commission to operationalise both the Competition Tribunal and the Capital Markets Tribunal to adjudicate disputes arising from the transaction.
The intervention follows a pattern EABL describes as a deliberate strategy by litigants to obtain the same reliefs repeatedly refused in Nairobi from different court stations.
The brewer warns that the proliferation of parallel proceedings creates a real risk of conflicting orders from courts of concurrent jurisdiction, undermining legal certainty, investor confidence and Kenya's reputation as an investment destination.
The transaction, announced in December 2025, involves Asahi Group Holdings acquiring Diageo's entire 65% stake in EABL via Diageo Kenya Limited, alongside Diageo's 53.68% stake in UDV Kenya, at an implied enterprise value of US$4.8 billion for EABL.
Four legal challenges have targeted
...More info on site
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Bangladesh: Bangladesh's only local beer survives in shadows of alcohol restrictions
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In a country where alcohol remains heavily restricted, a locally brewed beer has endured for years despite past opposition from Islamist groups and limits on advertising, the Mainichi reported on June 22.
Known as Hunter Beer, the government-approved lager is produced in Bangladesh and sold only at a limited number of licensed venues.
The beer has been manufactured since 2009 by Crown Beverage, a private company based in Dhaka. It is distributed to around 200 government-approved locations, including bars and restaurants in high-end hotels.
Company executive Rafiqul Islam declined to disclose sales figures, but said the company continues to ship a substantial number of bottles.
Hunter Beer is aimed primarily at foreign visitors. It is not exported and can only be consumed within Bangladesh at approved establishments.
Despite its limited profile, it operates within Bangladesh's tightly regulated alcohol sector, where production and sales are controlled and consumption is largely restricted on religious grounds.
Oversight falls under the Directorate General of Drug Administration, highlighting its unusual status as a government-approved beer in a country where alcohol is socially sensitive.
When production began, the initiative faced opposition from the Islamist political party Jamaat-e-Islami, which objected to beer being produced domestically.
The resistance did not develop into a wider movement and
...More info on site
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Ireland: Diageo proposes 150 jobs cuts in Ireland
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London-headquartered Diageo notified Ireland’s Department of Enterprise of “proposed collective redundancies” on 22 June, a spokesperson for the government department confirmed, The Spirits Business reported on June 24.
It is understood that around 150 jobs at Diageo’s Irish business could be impacted.
In February, Diageo CEO Dave Lewis pinpointed three immediate priorities: build competitive category strategies by winning with relevant brands, a focus on the customer, and a redesign of the Diageo operating framework.
In a statement addressing the job cuts in Ireland, a Diageo spokesperson said: “In February [interims] we shared our intention to redesign our operating framework, to drive sustainable returns for shareholders by delivering a more competitive Diageo.
“We will always prioritise informing our colleagues of any organisational changes first and have committed to update shareholders on our progress at a Capital Markets Day on 6 August.”
In September, Diageo revealed plans to outsource some of its roles in Northern Ireland to India, which would result in around 60 job losses. It came a month before Diageo confirmed that it would slash some jobs.
The latest move follows a report last month that claims Lewis, who joined Diageo at the start of 2026, has ‘instructed his top executives to cut headcount and other
...More info on site
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Barley News
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Australia: Barley crop forecast unchanged at 14.2 mln tonnes
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Further widespread rain is benefitting Australia’s barley crop’26 development, with all key regions receiving moisture. RMI Analytics’ production estimate, at 14.2 mln tonnes is
...More info on site
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Canada: Barley prices turn lower following global trend of improving crop prospects
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After holding firmer, Canadian barley prices have turned lower, following the global trend of improving crop prospects. After a slow start to seeding, recent
...More info on site
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Europe: MARS forecasts EU main crop yields below last year’s level
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According to the June MARS Bulletin, crop growing conditions remain generally favourable in most regions of the European Union. Winter crops are approaching maturity
...More info on site
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Hops News
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The Czech Republic: Hop cultivation area reduced by further 26 ha this year
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In the Czech hops growing regions, the cultivation area was reduced by a further 26 ha (-0.5%) to a total of 4,786 ha this
...More info on site
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