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E-Malt.com Flash 16b
April 21 - April 24, 2022
Quote of the Week
I don't know what the future may hold, but I know who holds the future.
Ralph Abernathy
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Currency Rates
Base Currency: Euro
on April 22, 2022 |
Base Currency: US Dollar
on April 22, 2022 |
| |
1 EUR = 1.0859 USD
1 EUR = 0.8322 GBP
1 EUR = 1.3589 CAD
1 EUR = 1.4650 AUD
1 EUR = 139.3080 JPY
1 EUR = 5.0177 BRL
1 EUR = 87.6217 RUB
1 EUR = 6.9958 CNY
|
|
1 USD = 0.9207 EUR
1 USD = 0.7663 GBP
1 USD = 1.2514 CAD
1 USD = 1.3489 AUD
1 USD = 128.2760 JPY
1 USD = 4.6207 BRL
1 USD = 80.6888 RUB
1 USD = 6.4422 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 22, 2022 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
424.00-426.00 |  |
| 6RW Malting Barley (FOB Creil) |
390.00-392.00 | |
| Feed Barley (FOB Creil) |
371.00-373.00 | |
| 2RS Malt (FOB Antwerp) |
720.00-722.00 | |
| 6RW Malt (FOB Antwerp) |
678.50-680.50 | |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
373.00-375.00 | |
| 6RW Malting Barley (FOB Creil) |
362.00-364.00 | |
| 2RS Malt (FOB Antwerp) |
654.00-656.00 | |
| 6RW Malt (FOB Antwerp) |
640.50-642.50 | |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
386.00-388.00 |  0.77% |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Denmark & Russia: Carlsberg anticipates writedown of about $1.39 bln as a result of sale of Russian business
...Click here
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Belgium & Russia: AB InBev to exit Russia, take a $1.1 bln charge as a result
...Click here
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The Czech Republic: Per capita beer consumption falls for second year in a row
...Click here
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Ethiopia: BGI Ethiopia gets green light to acquire Meta Abo brewery from Diageo
...Click here
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UK: Eight in ten Britons drink alcohol, study finds
...Click here
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North America: Export price indications for Canadian barley remain firm
...Click here
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EU & UK: Barley crops looking very good at this stage
...Click here
|
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India: Owner of Indian craft beer Bira 91 goes back to its roots to beat inflation
...Click here
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Australia: Coopers Brewery to enter the whiskey market
...Click here
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Romania: Molson Coors’ Pravha beer expands into Romania
...Click here
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UK: Defra approves field trails of genetically modified barley
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom
22 April
1864 - The U.S. Congress passes the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States currency
1924 - Hague Chambers of Commerce forms
1969 - 1st human eye transplant performed
1991 - Intel releases 486SX chip
23 April
1851 - Canada issues its 1st postage stamps
1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula
24 April
1704 - "Boston News-Letter," 1st successful newspaper in U.S., forms
1888 - Eastman Kodak Co. forms
1957 - The BBC first broadcast The Sky at Night presented by Patrick Moore
1981 - IBM-PC computer introduced
1990 - West and East Germany agree to merge currency and economies on July 1st
2004 - The United States lifts economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction
Agenda
April 2022:
23 - 24: Zythos Beer Festival 2022 (Leuven, Belgium)
May 2022:
02 - 05: Craft Brewers Conference & BrewExpo America 2022 (Minneapolis, MN, USA)
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
17 - 19: Expo Antad & Alimentaria Mexico 2022 (Expo Guadalajara, Jalisco, Mexico)
19 - 22: Mondial de la Biere 2022 (Montreal, Canada)
25 - 29: Latvia Beer Fest 2022 (Riga, Latvia)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
30 - 01 June: Brasil Brau 2022 (Sao Paulo, Brazil)
June 2022:
07 - 08: Bevexpo 2022 (Manchester, UK)
07 - 08: IGC Grains Conference 2022 (London, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
12 - 14: Bangkok Brewing Conference 2022 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
17 - 03 October: Oktoberfest 2022 (Munich, Germany)
21 - 22: Beverage Industry. Beer and Soft Drinks Industry - 2022 (Expocenter of Ukraine, Kyiv, Ukraine)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)
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Brewery News
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Denmark & Russia: Carlsberg anticipates writedown of about $1.39 bln as a result of sale of Russian business
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Carlsberg, the Western brewer most exposed to the Russian market, expects its decision to sell its business there to result in a writedown of
...More info on site
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Belgium & Russia: AB InBev to exit Russia, take a $1.1 bln charge as a result
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Anheuser-Busch InBev plans to exit Russia by selling its interest in a joint venture with Turkish brewer Anadolu Efes that operates in Russia and
...More info on site
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The Czech Republic: Per capita beer consumption falls for second year in a row
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Beer consumption per capita in the Czech Republic fell for the second year in a row to 129 litres, the fifth-lowest level since records
...More info on site
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Ethiopia: BGI Ethiopia gets green light to acquire Meta Abo brewery from Diageo
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Trade Competition and Consumer Protection Authority (TCCPA) of Ethiopia has given green light to BGI Ethiopia to proceed with the acquisition of Meta Abo
...More info on site
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UK: Eight in ten Britons drink alcohol, study finds
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Eight in ten Britons aged 18 and above (82%) say they drink alcohol, YouGov reported on April 20.
The study finds that 6% of British
...More info on site
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India: Owner of Indian craft beer Bira 91 goes back to its roots to beat inflation
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B9 Beverages Pvt., the owner of Indian craft beer Bira 91, is pushing its premium bottles more to protect its margin as costs of ingredients, energy and transport escalate.
The current operating environment is “extremely tough” as costs have risen 30-70%, forcing the company to sell more of its premium portfolio compared to the mass-market products, Chief Executive Officer Ankur Jain, who founded the brewer in 2015, told BloombergQuint in an interview.
The company began by selling premium beer and expanded into the mass-market category just before the pandemic. Still, it has a “double-digit” market share in the premium segment, Jain said without disclosing the number. Having a stronger portfolio of beers targeting consumers in larger cities than towns gives it an advantage: wealthier drinkers are less sensitive to price increases.
The brewer's strategy underscores how consumer firms are trying ease the pinch of higher costs. Covid-19 disrupted supply chains, sending commodity prices soaring. Barley has surged 62.5% over a year earlier and 5% sequentially in the quarter ended March, according to Motilal Oswal report, with the latest spike driven by Russia's war in Ukraine. Ukraine, with 18% of exports in 2022, is among the top five producers of barley, it said.
...More info on site
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Romania: Molson Coors’ Pravha beer expands into Romania
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Praha, a Pilsner from Staropramen that brings together lower alcohol, light taste and bold flavor, has expanded into Romania, continuing its rapid expansion across Europe after launching just over a year ago, the MarketScreener reported on April 19.
Praha has proved popular among drinkers in Bulgaria, Bosnia and Herzegovina, Croatia, Slovenia, Hungary and Serbia because of its combination of bold flavor and light taste, says Boris Jaranovic, senior manager for premium brands in Central and Eastern Europe.
"Younger consumers want to try new, progressive types of beer that are smooth in taste but also bold in flavor and image. That's why Praha achieved such success in a short amount of time," Jaranovic says. "The quality and craftsmanship mean a lot."
The brand's momentum led to the decision to expand into Romania, one of the region's biggest markets and its sixth in Central and Eastern Europe.
With the expansion, the brand expects to double its volume.
The opportunity to introduce a premium, 4% alcohol-by-volume Pilsner with a strong Czech pedigree like Praha's is illustrative of Molson Coors Beverage Company's strategy of growing its above-premium portfolio.
Along with Praha, the company has found resounding success with Madri Excepcional in Ireland and the U.K., leading an expansion into the
...More info on site
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Barley News
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North America: Export price indications for Canadian barley remain firm
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Canadian barley export price indications remain firm, and aligned to France price levels, RMI Analytics said in their latest report earlier this month.
Global market prices have risen to a point where Canada is competitive again on the world stage (crop 2022). Farmer contracting prices for crop 2022 continue to rise in an attempt to secure malting barley area. Prices are still below crop 2021 levels following the drought, which may limit farmer interest.
Imported US corn into Alberta totalled 650 thousand tonnes during February 2022, and continues on a very strong import plan which may reach 5 mln tonnes by the end of this crop year.
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USA: Barley stocks estimated 40% down this year
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USDA stocks and plantings report of March 31, 2022 puts U.S. wheat stocks 22% down y/y to 28 mln tonnes, barley stocks 40% down to 1.58 mln tonnes, H. M. Gauger GmbH said in their April report.
The planting intentions upset markets, soybeans are up from 87.2 to 90.95 mln acres, corn down from 93.4 to 89.5 mln acres. Wheat is slightly up to 47.35 mln acres. Barley is up from 2.66 to 2.94 mln acres, the best figure since years and a consequence of the bad supply gap in the present campaign.
Both U.S. wheat and corn stocks and acreage show the risk of very tight balances in 2022/23. The inverse of new crop prices has shrunk.
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EU & UK: Barley crops looking very good at this stage
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The European barley crops look very good, but it remains a long way until harvest confirms this potential, RMI Analytics said in their early
...More info on site
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UK: Defra approves field trails of genetically modified barley
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Defra has approved field trials of genetically modified barley that scientists say could reduce the need for synthetic fertilisers, the Farmers Weekly reported on April 21.
The trial, run by researchers at the Crop Science Centre in Cambridge, will evaluate whether improved crop interaction with naturally occurring soil fungi can result in more sustainable food production.
The barley variety has been genetically modified to boost expression levels of the NSP2 gene.
This gene is naturally present in barley and boosting its expression enhances the crop’s capacity to engage with mycorrhizal fungi.
Starting this April, the small field trials will take place over the next five years at three sites operated by the Crop Science Centre, which is a partnership between the National Institute of Agricultural Botany (Niab) and the University of Cambridge.
Professor Giles Oldroyd is leading the trial and said there was an urgent need to satisfy the demands of a growing population, while respecting limits on natural resources.
“We believe biotechnology can be a valuable tool for expanding the options available to farmers around the world,” he said.
The trial will also test varieties of barley that have been gene-edited to suppress their interaction with arbuscular mycorrhizal fungi (AMF).
The scientists say this will help them
...More info on site
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Whisky News
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Australia: Coopers Brewery to enter the whiskey market
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The largest Australian owned brewery Coopers Brewery has announced plans to enter the whiskey market and will build a A$50 million visitor centre, microbrewery and whisky distillery at its Regency Park site in Adelaide, the Australian Manufacturing Forum reported on April 22.
In its 160th year, privately-owned Coopers has its eyes on domestic and international tourists with the investment which brings total investment at the site to more than A$400 million.
Coopers Managing Director Dr Tim Cooper said: “We’re very proud of our story over the past 160 years, arising from humble beginnings to prevail as an Australian-owned and operated brewery despite wars, recessions and takeover offers.
“This new visitor centre is about celebrating our history and our originality, with an emphasis on what makes Coopers different.”
The new centre will include a restaurant and bar, outdoor plaza dining, dedicated tasting room, interactive history display, microbrewery, whiskey distillery and underground stillage for whisky maturation.
“Although we’ve been running brewery tours since 2006, this extensive development will augment and expand the guest experience, creating a lasting impression for new visitors and an ongoing connection for our loyal consumers with new tour and tasting experiences.”
Coopers released images of the two-storey centre – inspired by the iconic Coopers’
...More info on site
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