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E-Malt.com Flash 46a
November 11 - November 13, 2019
Quote of the Week
No soldier can fight unless he is properly fed on beef and beer.
John Churchill, First Duke of Marlborough
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Currency Rates
Base Currency: Euro
on November 13, 2019 |
Base Currency: US Dollar
on November 13, 2019 |
| |
1 EUR = 1.1021 USD
1 EUR = 0.8577 GBP
1 EUR = 1.4588 CAD
1 EUR = 1.6103 AUD
1 EUR = 120.2600 JPY
1 EUR = 4.5837 BRL
1 EUR = 70.5512 RUB
1 EUR = 7.7196 CNY
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|
1 USD = 0.9073 EUR
1 USD = 0.7782 GBP
1 USD = 1.3237 CAD
1 USD = 1.4611 AUD
1 USD = 109.1200 JPY
1 USD = 4.1592 BRL
1 USD = 64.0174 RUB
1 USD = 7.0047 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 13, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
158.50-160.50 |  |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | |
| Feed Barley (FOB Creil) |
158.00-160.00 |  1.24% |
| 2RS Malt (FOB Antwerp) |
349.50-351.50 | |
| 6RW Malt (FOB Antwerp) |
349.50-351.50 | |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
173.50-175.50 | |
| 6RW Malting Barley (FOB Creil) |
167.00-169.00 | 0.59% |
| 2RS Malt (FOB Antwerp) |
367.50-369.50 | |
| 6RW Malt (FOB Antwerp) |
360.00-362.00 | 0.34% |
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) |
1,164.00-1,166.00 | 0.85% |
| Malting Barley (West) |
1,164.00-1,166.00 | 0.85% |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
USA: Craft beer forecast to represent about 12% of total beer market in the US this year
...Click here
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USA: AB InBev announces acquisition of remaining 68.8% of Craft Brew Alliance
...Click here
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Malaysia: Robust growth next year forecast for both Carlsberg and Heineken in Malaysia
...Click here
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Spain & USA: Mahou San Miguel acquires 30% of Colorado’s Avery Brewing
...Click here
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World: Barley production forecast to be the highest since 1994/95
...Click here
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France: Barley production forecast increased to 13.7 mln tonnes
...Click here
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Canada: Crop harvest coming to an end with variable quality results
...Click here
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UK: Innis & Gunn hoping to secure £3 million in investment for new Edinburgh brewery
...Click here
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UK & Ireland: Grolsch beer no longer available in the UK and Ireland
...Click here
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Thailand: ThaiBev celebrates 25th anniversary of its Chang beer with new Chang cold brew lager
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Barley Prices
Theoretical Malt Prices
These Days in Business History
11 November
1493 - Columbus discovers Saba
1925 - Robert Millikan announces discovery of cosmic rays
1988 - Oldest known insect fossils (390 million years) reported in Science
1993 - Bill Gates buys Leonardo da Vinci's "Codex" for $30,800,000
12 November
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
13 November
1851 - Telegraph connection between London-Paris linked
1893 - Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 - 1st modern elastic brassiere patented by Mary Phelps Jacob
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)
July 2020:
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Brewery News
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USA: Craft beer forecast to represent about 12% of total beer market in the US this year
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Craft beer‘s days of heady double-digit growth may be over, but it is expected to produce volume growth of 5 to 6 percent this year and outperform the broader category, according to a new report.
Susquehanna analyst Pablo Zuanic said craft beer is forecast to represent about 12 percent of total beer volume this year, up slightly from 2016 levels. He‘s basing the information on briefings with the Brewer Association‘s chief economist, Bart Watson.
Most of the new volume growth this year within the craft beer segment will come from the smaller breweries, the analyst said. Also, he points out that retail shelves won‘t help much since stores are not adding space to the packaged category.
The analyst said what‘s growing is essentially “concentrated mainly among the local and regional players,” not the big-name brands like Boston Beer and Sierra Nevada.
As a result, Zuanic wrote that he‘s “somewhat concerned” when it comes to medium-term outlook. Last month, Boston Beer reported weaker-than-expected revenue as its flagship Sam Adams and Angry Orchard brands remained challenged.
“Certain big breweries are struggling to maintain volume and any kind of growth,” said Jeremy Cowan, founder of Shmaltz Brewing, an upstate New York-based boutique brewer. However, he said, there‘s still
...More info on site
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UK: Number of breweries reaches 2,274 in 2018
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The British beer industry has grown at an astonishing rate over the past decade, with the number of new breweries constantly on the rise.
...More info on site
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USA: AB InBev announces acquisition of remaining 68.8% of Craft Brew Alliance
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Anheuser-Busch InBev and Craft Brew Alliance (CBA) announced on November 11 that the world’s largest beer company will acquire the remaining 68.8% of CBA that it did not own for $16.50 per share in cash, Brewbound reported.
The deal is expected to close in 2020, subject to customary closing conditions, including approval of the CBA shareholders unaffiliated with AB InBev and regulatory approvals.
At the close of trading Monday, CBA stock was valued at $7.33 per share. However, in after-hours trading, the stock jumped to more than $16 per share.
“By combining our resources, our talented teammates and dynamic brands, we will look to nurture the growth of CBA’s existing portfolio as we continue investing in innovation to meet the changing needs of today’s beverage consumers, all while delivering certainty of value to our shareholders,” Andy Thomas, the CEO of CBA, said in a press release.
“Our partnership with CBA goes back many years and we look forward to supporting CBA as they continue to bring great products to beer drinkers across the U.S.,” Anheuser-Busch CEO Michel Doukeris added in the release.
CBA brands include Kona Brewing, Widmer Brothers, Redhook, Omission, Square Mile Cider, Wynwood Brewing, Cisco Brewers and Appalachian Mountain Brewery, as well as
...More info on site
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Malaysia: Robust growth next year forecast for both Carlsberg and Heineken in Malaysia
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Affin Hwang Capital has backed Carlsberg Brewery Malaysia Bhd and Heineken Malaysia Bhd to sustain their robust growth next year, the New Straits Times
...More info on site
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Spain & USA: Mahou San Miguel acquires 30% of Colorado’s Avery Brewing
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One of Spain‘s leading beer brewers acquired a 30 percent stake in Avery Brewing Co. as part of a mutual decision to help the Boulder brewery‘s future growth, the Stock Daily Dish reported on November 12.
Mahou San Miguel and Avery Brewing announced the deal on November 12, with the Spanish brewer saying the partnership is part of its own vision to explore international opportunities by partnering with locals who know their markets.
“We share the commitment with the communities in which we are present, our long-term vision, concern for the sustainability and well-being of individuals and our aim of doing things right, placing the consumer always at the centre of our decisions,” Eduardo Petrossi, CEO of Madrid-based Mahou San Miguel, said in a statement. “This operation strengthens us as the driving Spanish brewer behind the craft sector and will reinforce our positioning in the United States.”
Financial terms were not disclosed. But Avery founder Adam Avery will continue to run the Boulder operation and now can tap the expertise of Mahou San Miguel as needed. Avery and his father, Larry, founded the company in 1993. The Averys are the only other investors and remain as majority owners.
“Dad and I like calling our
...More info on site
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UK: Innis & Gunn hoping to secure £3 million in investment for new Edinburgh brewery
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Scottish craft beer maker Innis & Gunn has announced plans to secure a major cash injection to drive proposals for a new Edinburgh brewery, the Yahoo Finance UK reported on November 11.
The company hopes to secure £3 million in investment to fund the new brewery as well as continue to open bars in Scotland.
Innis & Gunn said its three current bars in Scotland have prospered amid the recent surge in popularity for craft beer and it hopes to open another two sites annually over the next three years.
Founder and master brewer Dougal Gunn Sharp said the new brewery is in the next stage in the company’s evolution after rapid growth in beer sales.
The launch, which the firm claims will be the first major brewery in Edinburgh for 150 years, is expected to open in 2021 and create around 30 jobs.
Innis & Gunn plans to fund the expansion with its third crowdfunding campaign, to raise £3 million from supporters of the brand through funding platform Seedrs.
Growth has continued over the past three years since its previous funding campaign, pushing its sales to more than £25 million in turnover and almost 21 million pints of beer in total.
Mr Gunn Sharp said: “There
...More info on site
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UK & Ireland: Grolsch beer no longer available in the UK and Ireland
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Beer brand Grolsch, with its distinctive swingtop bottle caps, will no longer be sold in the UK after 35 years on store shelves, the Sailisbury Journal reported on November 9.
Bosses at parent company Asahi agreed to end a brewing contract with Molson Coors after the larger was "delisted" by Tesco and Asda in its supermarkets.
A spokesperson for Asahi said: "As a result [of the end of the brewing deal] the Grolsch brand is no longer available in the UK and Ireland."
Asked if Grolsch – founded in in Holland in 1615 – will return to the UK and Ireland, an Asahi spokesperson declined to comment.
The decision was first reported in The Grocer UK, which added that pub industry sources revealed supplies of the lager had dried up.
It is thought that Grolsch, which was once a popular choice with drinkers partially because of its unique bottle design, has been hit by the rise in popularity of craft beer, lower alcohol alternatives and cheaper rivals.
Asahi acquired the Grolsch brand from Anheuser-Busch InBev in 2016.
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Thailand: ThaiBev celebrates 25th anniversary of its Chang beer with new Chang cold brew lager
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Thai Beverage (ThaiBev) on November 7 celebrated the 25th anniversary of its popular Chang beer with an event at Bangkok’s Factoria restaurant and toasted its birthday with Chang cold brew lager, which is being produced especially for the silver jubilee, the Buriram Times reported.
Kosit Suksingha, the company’ chief executive for Beer Business Thailand and chief of the Supply Chain Management group, said the new product has been well received. “Its success is also a success in terms of promoting the relationship between our brand and consumers in line with our ‘Chang, Fulfilling Your Friendship’.”
Chang cold brew lager is made with 100-per-cent malt using the cold brew process – beer filtration under sub- zero temperature. The process produces a beer with that’s very different in taste and fragrance from other brews.
The highlight of the night was a talk by ThaiBev’s experienced brew master, who explained about the new product and showed how to best enjoy the drink from pouring to supping.
Last month, the company’s president and chief executive, Thapana Sirivadhanabhakdi said that ThaiBev will focus on raising business values, combining products to increase market capital and collaborating with global partners in innovative, healthy cannabis-based products as it looks towards 2025.
The
...More info on site
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Barley News
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World: Barley production forecast to be the highest since 1994/95
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World barley production in 2019/20 is projected to be the highest since 1994/1995 (at 155.835 mln tonnes). As a result, exportable supplies of barley
...More info on site
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France: Barley production forecast increased to 13.7 mln tonnes
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France's farm ministry on November 12 lowered its estimate of the country's 2019 soft wheat production due a downward area revision, but still pegged
...More info on site
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Canada: Crop harvest coming to an end with variable quality results
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The crop harvest in Western Canada is finally coming to an end, with about 5% of the barley crop still in the fields as
...More info on site
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