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Flash Summary
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E-Malt.com Flash 45a
November 04 - November 06, 2019
Quote of the Week
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Winston Churchill
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Currency Rates
Base Currency: Euro
on November 06, 2019 |
Base Currency: US Dollar
on November 06, 2019 |
| |
1 EUR = 1.1102 USD
1 EUR = 0.8616 GBP
1 EUR = 1.4596 CAD
1 EUR = 1.6089 AUD
1 EUR = 120.9500 JPY
1 EUR = 4.4444 BRL
1 EUR = 70.4028 RUB
1 EUR = 7.7794 CNY
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1 USD = 0.9006 EUR
1 USD = 0.7760 GBP
1 USD = 1.3147 CAD
1 USD = 1.4491 AUD
1 USD = 108.9300 JPY
1 USD = 4.0031 BRL
1 USD = 63.4121 RUB
1 USD = 7.0069 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 06, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
157.50-159.50 |  |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 |  0.63% |
| Feed Barley (FOB Creil) |
159.00-161.00 | |
| 2RS Malt (FOB Antwerp) |
348.50-350.50 | |
| 6RW Malt (FOB Antwerp) |
350.50-352.50 | 0.35% |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
174.50-176.50 | |
| 6RW Malting Barley (FOB Creil) |
168.00-170.00 | |
| 2RS Malt (FOB Antwerp) |
369.00-371.00 | |
| 6RW Malt (FOB Antwerp) |
361.00-363.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,184.00-1,186.00 | |
| Malting Barley (West) |
1,184.00-1,186.00 | |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Axereal announces acquisition of Cargill’s malt business
...Click here
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Japan: Asahi Group lowers annual sales and profit forecast again
...Click here
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The Philippines: San Miguel Food and Beverage posts higher revenue and flat net income for January-September
...Click here
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India: Carlsberg posts flat volume growth in India due to volatile environment
...Click here
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Australia: Barley dominating harvest proceedings with variable quality results
...Click here
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Canada: Canadian whisky’s reputation on the upswing
...Click here
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Nigeria: Nigeria saves millions thanks to ban on import of barley malt - Minister of Science and Technology
...Click here
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Ghana: Guinness Ghana Limited on track to reach 70 percent local raw material sourcing
...Click here
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UK: AB InBev confirms Corona beer is now being brewed in the UK
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of October 2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
04 November
1846 - Benjamin Palmer patents artificial leg
1939 - 1st air conditioned automobile (Packard) exhibited, Chicago, Ill
1996 - Vimpel Communications becomes the first Russian company to list its shares on the New York Stock Exchange
2008 - Barack Obama becomes the first person of African-American descent to be elected President of the United States
05 November
1492 - Christopher Columbus learns of maize (corn) from Indians of Cuba
1895 - George Selden patents 1st gasoline-driven car
2007 - Android mobile operating system is unveiled by Google
06 November
1851 - Charles H Dow was born, co-founded Dow Jones/1st editor of Wall St Journal
1923 - Col Jacob Schick patents 1st electric shaver
Agenda
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
January 2020:
31 - 01 February: Braukunst Live! 2020 (Munich, Germany)
February 2020:
04 - 08: Great British Beer Festival Winter 2020 (Norwich, UK)
07 - 10: HoReCa 2020 (Athens, Greece)
07 - 09: Finest Spirits 2020 (Munich, Germany)
15 - 18: Beer Attraction 2020 (Rimini, Italy)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)
March 2020:
09 - 11: 107th Brewing and Engineering Congress 2020 (Rust, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
April 2020:
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)
May 2020:
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Malt News
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World: Axereal announces acquisition of Cargill’s malt business
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Axereal, France's largest grain cooperative, announced on November 4 the acquisition of Cargill's malt business on behalf of its subsidiary, Boortmalt.
This acquisition strengthens Axereal's
...More info on site
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Nigeria: Nigeria saves millions thanks to ban on import of barley malt - Minister of Science and Technology
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Nigeria’s federal government has revealed the nation saves $500 million annually from the ban placed on the import of barley malt for various purposes
...More info on site
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Brewery News
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Japan: Asahi Group lowers annual sales and profit forecast again
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Asahi Group Holdings Ltd. lowered its annual sales and profit forecast again as its $22 billion push into overseas markets makes Japan’s largest brewer
...More info on site
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The Philippines: San Miguel Food and Beverage posts higher revenue and flat net income for January-September
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Higher revenues were not enough to lift the over-all earnings of San Miguel Food and Beverage, Inc. (SMFB), as it ended the nine months
...More info on site
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India: Carlsberg posts flat volume growth in India due to volatile environment
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Carlsberg's global chief executive Cees ‘t Hart said India is 'two steps forward, one step back' for the Danish brewer after it posted flat
...More info on site
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UK: AB InBev confirms Corona beer is now being brewed in the UK
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Anheuser-Busch InBev is producing Corona beer in the UK as well as in China, as the brewer ramps up overseas production of a brand previously brewed only in Mexico.
The company confirmed on November 4 to just-drinks an analyst report last month that Corona production started in China in May. A spokesperson for AB InBev also said brewing is now taking place in the UK.
In a post last month on AB InBev UK's website, the brewer confirmed plans to start Corona brewing at its Magor, South Wales, site. The company said it will use the same production process used to make Corona in Mexico for the past 90 years, including the same yeast strain.
Lloyd Manship, the Magor brewery manager, said: "Corona's sales value has been growing by double digits (in the UK), so it makes sense to increase Corona's availability here."
In AB InBev's Q3 results last month, CEO Carlos Brito said the company had "recently started brewing Corona locally in certain markets where it's growing rapidly".
The AB InBev spokesperson did not immediately confirm if Corona is being brewed in markets other than Mexico, the UK and China.
Previously, Corona was only produced in Mexico. AB InBev owns the brand globally, with
...More info on site
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Barley News
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Australia: Barley dominating harvest proceedings with variable quality results
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Farmer selling has picked up over the past week as the 2019 harvest gathers momentum in the southern grain-growing regions of Australia, and the
...More info on site
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Ghana: Guinness Ghana Limited on track to reach 70 percent local raw material sourcing
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Beverage producer Guinness Ghana Limited says it is on track to reach 70 percent local raw material sourcing from Ghanaian farmers, GhanaWeb reported on November 1.
This follows research by the Kwame Nkrumah University of Science and Technology which showed that the company has increased its local raw material sourcing from 12 percent to 55 percent.
Speaking to Citi Business News on how the development has positively impacted the lives of farmers, the Corporate Relations Director of Guinness Ghana Limited, Sylvia Owusu-Ankomah stated that over 30,000 farmers have benefited from the initiative.
“Since its inception, Guinness Ghana has grown its percentage of local raw material usage from 12% in 2012 to the 55% this 2019, a firm demonstration of our commitment to the agenda”, she stressed.
According to her, the consistent growth in local raw material uptake has been achieved through significant capital investment to re-engineer plant and equipment, as well as technical and financial support to farmers to improve crop yield.
Guinness Ghana’s Local Raw Material (LRM) intervention started in 2012 in line with Government’s Policy initiative to incorporate the use of local raw materials in the production of our alcoholic and non-alcoholic beverages.
Guinness Ghana’s activities in the maize, sorghum, and cassava value chains
...More info on site
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Whisky News
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Canada: Canadian whisky’s reputation on the upswing
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After having been disparaged for years, Canadian whisky’s reputation is on the upswing. While spirits fans have long extolled the virtues of Scotch, Irish and American whisk(e)y, Canadian whisky has been left in the doldrums. But a raft of investment from global players, the opening of new artisan distilleries, innovative expressions and, critically, a renewed focus on quality mean the tide is turning, The Spirits Business reported on November 1.
The history of whisky making in Canada can be traced back to 1769, when the first distillery was built in what is now Quebec. In 1890, Canada became the first country in the world to mandate whisky production. In 2018, Canadian whisky sales rose by 0.4% to 28.3 million nine-litre cases globally, according to IWSR Drinks Market Analysis. In the US – the category’s biggest market – 17.4m nine-litre cases of Canadian whisky were sold, generating nearly US$2 billion in revenue for distillers, according to the Distilled Spirits Council.
“We’re starting to see that Canadian whisky is in a huge renaissance; there’s tons of renewed interest in the category,” says Chris Thompson, North American brand ambassador for Ontario’s Forty Creek. “For decades there were only five or six major players, and now
...More info on site
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