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Flash Summary
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E-Malt.com Flash 40a
October 01 - October 03, 2018
Quote of the Week
A champion is someone who gets up when he can't.
Jack Dempsey
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Currency Rates
Base Currency: Euro
on October 03, 2018 |
Base Currency: US Dollar
on October 03, 2018 |
| |
1 EUR = 1.1548 USD
1 EUR = 0.8887 GBP
1 EUR = 1.4801 CAD
1 EUR = 1.6046 AUD
1 EUR = 131.3700 JPY
1 EUR = 4.5934 BRL
1 EUR = 75.3667 RUB
1 EUR = 7.9307 CNY
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1 USD = 0.8659 EUR
1 USD = 0.7696 GBP
1 USD = 1.2818 CAD
1 USD = 1.3894 AUD
1 USD = 113.7600 JPY
1 USD = 3.9779 BRL
1 USD = 65.2665 RUB
1 USD = 6.8679 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 03, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
223.50-225.50 |  0.44% |
| 6RW Malting Barley (FOB Creil) |
207.00-209.00 | 0.48% |
| 2RS Malt (FOB Antwerp) |
429.00-431.00 | 0.15% |
| 6RW Malt (FOB Antwerp) |
409.00-411.00 | 0.16% |
| Feed Barley (FOB Creil) |
195.00-197.00 |  |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
212.50-214.50 | 0.93% |
| 6RW Malting Barley (FOB Creil) |
186.00-188.00 | 1.06% |
| 2RS Malt (FOB Antwerp) |
415.50-417.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
383.00-385.00 | 0.34% |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,634.00-1,636.00 | 0.61% |
| Malting Barley (West) |
1,634.00-1,636.00 | 0.61% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,384.00-1,386.00 | |
| Malting Barley (West) |
1,384.00-1,386.00 | |
Canadian Barley
Crop 2018 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, track in Winnipeg rail |
364.00-366.00 |
|
| 2-Row Malting Barley, bulk, track in Vancouver rail |
364.00-366.00 |
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| 6-Row Malting Barley, bulk, track/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
254.00-256.00 |
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| Feed Barley, basis Winnipeg |
254.00-256.00 |
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| Feed Barley, bulk in store, Vancouver |
314.00-316.00 |
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US Barley
Crop 2018 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
176.00-178.00 |
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| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
142.00-144.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
118.00-120.00 |
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No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Thailand & Vietnam: ThaiBev gains control of Sabeco management board and is now able to reform it
...Click here
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Australia: Craft beer drinkers eager to try new brews
...Click here
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Thailand: ThaiBev restructures to back growth ambitions in Asean
...Click here
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India: AB InBev’s Indian unit accused of avoiding tax
...Click here
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EU: Barley could gain extra area next year thanks to higher prices
...Click here
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Russia: Barley harvest 93% complete, expected 15% below last year’s
...Click here
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Japan: Major brewers offering financial and technological support to boost domestic hops production
...Click here
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Australia: Lion to consider job redundancies at two of its nine breweries
...Click here
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USA: Heineken’s Lagunitas Brewing announces job cuts
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
US Hop and Alpha-Acid Production 2016-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 October
1874 - Rotterdam opens drink water pipes
1888 - National Geographic magazine publishes for 1st time
1898 - Dutch railway Alkmaar-Receiver opens
1958 - NASA is created
02 October
1608 - Prototype of modern reflecting telescope completed by Jan Lippershey
1866 - J Osterhoudt patents tin can with key opener
1956 - 1st atomic power clock exhibited in New York City
03 October
1906 - SOS adopted as warning signal by 1st conference on wireless telegraphy
1922 - 1st facsimile photo send over city telephone lines, Washington, DC
1952 - 1st video recording on magnetic tape, Los Angeles, California
Agenda
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
February 2019:
8-10: Finest Spirits 2019 (Munich, Germany)
8-11: HoReCa 2019 (Athens, Greece)
16-19: Beer Attraction 2019 (Rimini, Italy)
19-21: Beviale Moscow 2019 (Moscow, Russia)
March 2019:
5-7: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
13-16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
15-17: Barcelona Beer Festival 2019 (Barcelona, Spain)
19-21: Beviale Moscow 2019 (Moscow, Russia)
27-29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
8-11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
More events are available on site e-malt.com
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Brewery News
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Thailand & Vietnam: ThaiBev gains control of Sabeco management board and is now able to reform it
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Thai Beverage, known for its ubiquitous Chang beer, confirmed on October 3 that it has gained control of the management board of Vietnam's Saigon
...More info on site
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Australia: Craft beer drinkers eager to try new brews
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Australian craft beer consumers now purchase an equal number of previously untried beers as old favourites, according to the 2018 Australian Craft Beer Survey, showing how quickly the sector has evolved. And consumers’ continuous thirst for something new has implications across the craft beer industry: from the diversity of styles to the preferred packaging sizes, the Beverage Daily reported on October 1.
“On average, five out of every ten beers purchased by consumers are for previously untried beers,” reveals the survey, which is the largest publicly available style of Australian craft drinking trends.
“This is quite staggering and speaks volumes as to why many breweries have an extensive seasonal and limited release program. Considering the Australian beer landscape prior to 2012 with little access to beers outside of mainstream lines, it is amazing how quickly consumer habits have evolved.”
More than 18,000 craft beer drinkers took part in the survey which is run every year by online beer supermarket Beer Cartel.
“Craft beer is the only segment of the Australian beer market which is in continuous growth, with overall consumption of beer and alcohol in decline. The data that follows provides an extremely accurate picture
...More info on site
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Thailand: ThaiBev restructures to back growth ambitions in Asean
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Thai Beverage Plc (ThaiBev), Thailand's biggest beverage producer, announced on October 3 a major strategic reshuffle of executives under a revamped management structure that
...More info on site
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India: AB InBev’s Indian unit accused of avoiding tax
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Indian authorities have accused global brewer SABMiller of avoiding paying tens of millions of dollars in taxes since 2011 by renaming royalty transactions as
...More info on site
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Australia: Lion to consider job redundancies at two of its nine breweries
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Following Lion’s announcement on October 3 that it will consider job redundancies and shift reductions at two of its nine breweries, it is clear that the decline in mainstream beer consumption is hitting big business hard, the Australian Brews News reported.
The decision has come after “a range of cost pressures” that Lion has claimed are threatening the company’s ability to remain competitive.
Lion said that “a reduction in volume” within its brewery network and the “continued decline in the mainstream beer market” are the main reasons behind the restructure.
Lion’s proposed changes will affect employees at both its Milton production brewery in Queensland and West End Brewery in South Australia. The current proposal will reduce the number of shifts at both breweries, resulting in 36 full-time roles being made redundant at West End and 25 at Milton.
Lion said that while “the XXXX trademark and XXXX Gold in particular, have outperformed the classic mainstream beer category for each of the last five years both nationally and in Queensland… with people continuing to increase the number of different beers in their repertoire, the classic category as a whole has been under pressure”.
“Likewise, West End remains South Australia’s most popular beer, and will continue to
...More info on site
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USA: Heineken’s Lagunitas Brewing announces job cuts
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Lagunitas Brewing, one of the flag bearers of the US craft beer industry, is laying off 12% of its staff as the U.S. craft beer sector continues to soften, The Fortune reported on October 3.
The company, which was acquired by Heineken 17 months ago, says the action will affect all departments and all locations, including its Petaluma, California headquarters, Chicago production plant, and Seattle Taproon. (The majority of the layoffs, more than 100, will take place in Petaluma.)
“The craft beer market is rapidly evolving and, in many ways, more challenging. More breweries, more choices … very much like the late ‘90s when the craft beer segment had similar pressure,” CEO Maria Stipp told Santa Rosa’s Press Democrat.
The layoffs come just two months after Stipp announced Lagunitas was just one of five U.S. craft beer brands gaining dollar share this year. (Lagunitas, technically, is no longer considered a craft brewer by the Brewer’s Association because of its macro brewery owners.) She noted that, as of July 14, Lagunitas ranked fourth in dollar share (up 4%) and sixth in volume (up 5%) in the industry.
The company, founded by Tony Magee in 1993 and best known for its hoppy IPAs and full-flavored other
...More info on site
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Barley News
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EU: Barley could gain extra area next year thanks to higher prices
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Parched soils have hampered late-summer rapeseed sowing in Europe, raising the prospect that farmers will shift towards attractively priced wheat for next year’s harvest,
...More info on site
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Russia: Barley harvest 93% complete, expected 15% below last year’s
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The barley harvest in Russia is already 93% complete, UkrAgroConsult reported on October 2.
In view of an almost 20% year-over-year drop in barley
...More info on site
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Hops News
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Japan: Major brewers offering financial and technological support to boost domestic hops production
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Major Japanese brewers are offering financial and technological support to domestic hop farmers so they can increase production of hops, a primary beer ingredient that determines flavor and bitterness, The Japan News reported on September 29.
With imported hops accounting for about 90 percent of hops used in beer production in Japan, the brewers aim to make greater use of domestically grown fresh hops that can be used for their products soon after harvesting.
Workers were cutting hop plants off from 5-meter-tall trellises in late August at a farm in Tono in Iwate Prefecture, the country’s leading hop-producing prefecture.
At a processing facility, hop flowers are separated from vines and dried. They are then shipped to beer makers.
According to data from Japan’s agriculture ministry, annual domestic production of hops topped 2,000 tons in the 1970s. But the amount has plunged to some 270 tons, chiefly due to a drop in the number of hop farmers stemming from hard work and a lack of successors.
Against this background, major brewer Kirin Co. and Norinchukin Bank, the central financial institution for agricultural, forestry and fishery cooperatives across the country, announced in August investment totaling ¥250 million in Beer Experience, a hop producer based in Tono.
Kirin aims
...More info on site
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