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Flash Summary
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E-Malt.com Flash 43a
October 22 - October 24, 2018
Quote of the Week
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Nelson Mandela
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Currency Rates
Base Currency: Euro
on October 24, 2018 |
Base Currency: US Dollar
on October 24, 2018 |
| |
1 EUR = 1.1467 USD
1 EUR = 0.8833 GBP
1 EUR = 1.5017 CAD
1 EUR = 1.6207 AUD
1 EUR = 128.8600 JPY
1 EUR = 4.2335 BRL
1 EUR = 74.9447 RUB
1 EUR = 7.9553 CNY
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1 USD = 0.8719 EUR
1 USD = 0.7702 GBP
1 USD = 1.3095 CAD
1 USD = 1.4133 AUD
1 USD = 112.3700 JPY
1 USD = 3.6919 BRL
1 USD = 65.3557 RUB
1 USD = 6.9374 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 24, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
220.50-222.50 |  |
| 6RW Malting Barley (FOB Creil) |
209.00-211.00 |  0.47% |
| 2RS Malt (FOB Antwerp) |
425.50-427.50 | |
| 6RW Malt (FOB Antwerp) |
411.50-413.50 | 0.30% |
| Feed Barley (FOB Creil) |
198.00-200.00 | 0.50% |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
207.50-209.50 | 0.48% |
| 6RW Malting Barley (FOB Creil) |
185.00-187.00 | 0.53% |
| 2RS Malt (FOB Antwerp) |
409.50-411.50 | 0.30% |
| 6RW Malt (FOB Antwerp) |
382.00-384.00 | 0.32% |
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) |
1,644.00-1,646.00 | |
| Malting Barley (West) |
1,644.00-1,646.00 | |
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.
World: Heineken volumes up 2.2% in Q2 in Europe, Carlsberg increases yearly profit guidance
...Click here
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UK: Alcohol free and low alcohol beer sales rising substantially
...Click here
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UK: Number of beer trademarks soars to record 2,372 in 2017
...Click here
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Canada: Molson Coors begins works on new brewery in Longueil
...Click here
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Canada: Barley output forecast 4% higher in 2018/19
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
UK Hops Area, Yields, and Production 2016-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
22 October
1897 - World's 1st car dealer opens in London
1979 - Walt Disney World's 100-millionth guest
1997 - Yahoo completes purchase of Four11
23 October
1814 - 1st plastic surgery is performed (England)
1824 - 1st steam locomotive is introduced
1989 - Bankruptcy of Wartsila Marine; the biggest bankruptcy in the Nordic countries until then
24 October
1836 - A. Phillips patents the match
1857 - World's 1st football club, Sheffield FC, founded in England
2008 - "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices
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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World: Heineken volumes up 2.2% in Q2 in Europe, Carlsberg increases yearly profit guidance
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Unusually warm weather across Europe this summer helped the world’s second-largest brewer Heineken and smaller rival Carlsberg to sell more beer in the third
...More info on site
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UK: Alcohol free and low alcohol beer sales rising substantially
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Sales of alcohol free and low alcohol beers are rising substantially as more people choose to drink it as a lifestyle choice, This is
...More info on site
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UK: Number of beer trademarks soars to record 2,372 in 2017
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Craft beer lovers in the U.K. have never had so many choices on tap, Columbian reported on October 22.
The number of trademarks registered for
...More info on site
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Canada: Molson Coors begins works on new brewery in Longueil
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It’s official, work has begun on the new C$500-million Molson Coors brewery in south shore Longueuil, Globalnews.ca reported on October 19.
At a ground-breaking ceremony on October 19, supply manager Matthew Hook said it will be the company’s most modern brewing facility and distribution centre.
The company announced last year it was leaving the Montreal site on Notre-Dame Street where it opened a brewery in 1786 to build a new operation in Longueuil.
At the time, Montreal Mayor Valérie Plante expressed her disappointment at the move.
But Molson Coors Canada argues it represents one of the largest investments in the company’s 230-year history and demonstrates its commitment to the Greater Montreal area.
It is expected that anywhere between 500 and 800 workers will be required to build the state-of-art facility and that local trades, contractors and operators are a crucial component.
Additionally, the company plans on maintaining its administrative offices at the Montreal site.
Hook also stressed how the new plant will address environmental concerns.
“The new brewery will be equipped with improved technologies that will allow us to reduce our energy consumption, carbon dioxide emissions and carbon footprint such as optimized equipment layouts to reduce beer loss and waste and a state-of-the-art carbon dioxide recovery system,” he
...More info on site
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USA: MillerCoors lays out new corporate structure
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MillerCoors on October 22 laid out a new corporate structure that the company said will create a leaner, more nimble organization with the financial flexibility to invest more in its brands and capitalize on new opportunities.
As part of a restructuring announced last month, MillerCoors eliminated about 375 positions, in part by not filling about 150 open roles. A majority of the remainder were via a voluntary severance program. Many will use the severance as a bridge to retirement, MillerCoors CEO Gavin Hattersley said in notes sent today to distributors and employees. He said the company accepted nearly all employees who raised their hands to take the voluntary package.
“We took a hard look at how we could create an organization that could make decisions faster and move more quickly, and we realigned our business accordingly,” Hattersley said. “Our new structure is now in place and we believe it positions us well moving forward.”
The changes also included significant reshuffling of the MillerCoors marketing organization, which includes several major changes to its leadership team. The company appointed new leaders for its economy brands portfolio and the Coors family of brands.
Ryan Reis returns to brand marketing, taking over the Coors family of brands after
...More info on site
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Barley News
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Canada: Barley output forecast 4% higher in 2018/19
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For 2018-19, Canada’s barley-seeded area is forecast to increase by 13% from last year’s record low of 2.334 mln ha, Agriculture and Agri-Food Canada said in its latest report on October 19.
Production is forecast to increase 4% to 8.2 million tonnes (Mt) due to the higher harvested area, despite a below average total yield.
Due to sharply lower carry-in stocks, total supply is forecast to decrease by 5% to 9.5 Mt.
Total domestic use is forecast to increase by 3% to 6.148 Mt due to slightly higher feed and industrial use.
Exports are expected to decrease by 17% to 2.4 Mt due to lower total supplies.
Carry-out stocks are forecast to decrease by 20% to a near record-low level of 1.0 Mt.
The Lethbridge cash feed barley price is forecast to average 15% higher than 2017-18.
The average barley yield in Canada is estimated to be below the previous three and five-year averages. Compared to the August 31 survey-based estimate, the model-based estimate increased barley production by 235,000 tonnes or 3%.
Since the beginning of the crop year, feed barley has been moving into the Alberta elevator system at a premium to feed wheat. The price outlook remains good since many regions
...More info on site
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Ukraine: Barley exports drop 35% in Q1 2018/19
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Barley exports from Ukraine decreased 35% in Q1 2018/19 (July-September), to 2.0 mln tonnes against 3.1 mln tonnes shipped abroad in the same period last year, UkrAgroConsult reported on October 23.
The first quarter of MY 2018/19 features some changes in the range of export destinations for Ukrainian barley. Apart from traditional major end markets (Saudi Arabia and China), this season’s top five biggest barley importers included Japan, Tunisia and Egypt. At the same time, compared to Q1 2017/18, barley exports to Saudi Arabia dropped by 5% and those to China fell by 55%.
On the other hand, Egypt already imported 64.2 thousand tonnes of Ukrainian barley in July-September following minimum imports in MY 2016/17 and no purchases in MY 2017/18. Barley supplies to Japan increased 275%, to Tunisia - up 249%.
September shipments of Ukrainian barley were 34% less than in the previous month.
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