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E-Malt.com Flash 37b
September 15 - September 18, 2022
Quote of the Week
God made yeast, as well as dough, and he loves fermentation just as dearly as he loves vegetation.
Ralph Waldo Emerson
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Currency Rates
Base Currency: Euro
on September 16, 2022 |
Base Currency: US Dollar
on September 16, 2022 |
| |
1 EUR = 0.9985 USD
1 EUR = 0.8683 GBP
1 EUR = 1.3171 CAD
1 EUR = 1.4835 AUD
1 EUR = 143.2120 JPY
1 EUR = 5.1883 BRL
1 EUR = 59.5754 RUB
1 EUR = 6.9695 CNY
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|
1 USD = 1.0013 EUR
1 USD = 0.8694 GBP
1 USD = 1.3190 CAD
1 USD = 1.4856 AUD
1 USD = 143.4090 JPY
1 USD = 5.1961 BRL
1 USD = 59.6644 RUB
1 USD = 6.9799 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 16, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
351.00-353.00 |  0.56% |
| 6RW Malting Barley (FOB Creil) |
322.00-324.00 |  |
| Feed Barley (FOB Creil) |
295.00-297.00 | |
| 2RS Malt (FOB Antwerp) |
680.50-682.50 | 0.36% |
| 6RW Malt (FOB Antwerp) |
645.00-647.00 | |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
347.50-349.50 | 1.71% |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Barley trade forecast unchanged, production up in USDA’s September report
...Click here
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EU: Northern, central Europe fares well, winter and spring grains affected by drought in France, Mediterranean, Balkan countries
...Click here
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Australia: Weather conditions nearly ideal for this year’s barley crop in Australia
...Click here
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Germany: Spring barley production estimated at 1.9 mln tonnes this year
...Click here
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Canada: Barley exports drop to 2 mln tonnes in August 2021-July 2022 from 3.7 mln the year before
...Click here
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Australia: July malting barley export up 80% versus June
...Click here
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South Africa: Beer industry calls for considering different beer taxes to wine ahead of Medium-Term Budget Policy Statement
...Click here
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Qatar: Budweiser promoting its alcohol-free lager at upcoming soccer World Cup
...Click here
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Ukraine: Successes of Ukrainian army may improve forecasts for winter sowing area
...Click here
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Australia: Asahi’s Carlton & United Breweries releases new fruity beer range
...Click here
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Lithuania & Russia: Lithuanian beer still available Russia – brewers say without their knowledge
...Click here
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Germany: Oktoberfest is back after two years of pandemic cancellations
...Click here
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Graph of the week
Table of the week
Canada Malt Exports and Imports 2012 - 2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 September
1857 - Timothy Alder patents typesetting machine
1928 - Alexander Fleming discovers penicillin
1952 - European Parliament forms in Strasbourg
1959 - The first successful photocopier, the Xerox 914, is introduced
16 September
1905 - Roald Amundsen discovers Magnetic South Pole
1906 - William Crapo Durant incorporates General Motors in Janesville Wisconsin
1908 - The General Motors Corporation is founded
17 September
2000 - The International Monetary Fund issues its World Economic Outlook report, forecasting that "growth is projected to increase in all major regions of the world, led by the continued strength of the U.S. economy, the robust upswing in Europe, the consolidation of the recovery in Asia and the rebound from last year's slowdown in emerging markets." Just weeks later, most regions of the world are tilting toward recession
18 September
1837 - Tiffany and Co. (first named Tiffany & Young) is founded by Charles Lewis Tiffany and Teddy Young in New York City
1842 - 1st edition of Pittsburgh Post-Gazette is published
1851 - The first edition of The New York Daily Times, which later became The New York Times,is published
1955 - The Ford Motor Company produced its 2,000,000th V-8 engine on this day, 23 years after the first Ford V-8 was manufactured
Agenda
September 2022:
15 - 18: Wiener Bierfest 2022 (Vienna, Austria)
17 - 03 October: Oktoberfest 2022 (Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
29 - 01 October: Stockholm Beer & Whisky Festival 2022 (Stockholm, Sweden)
October 2022:
04 - 06: International Beer Strategies Conference 2022 (Hilton Rome Airport, Fiumicino, Italy)
06 - 08: Stockholm Beer & Whisky Festival 2022 (Stockholm, Sweden)
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
08 - 10: The International Beer Cup 2022 (Ota City, Tokyo, Japan)
12 - 15: China Brew & China Beverage 2022 (Shanghai New International Expo Centre, China)
13 - 15: Warsaw Beer Festival 2022 (Warsaw, Poland)
14 - 16: Barcelona Beer Festival 2022 (Barcelona, Spain)
21 - 23: Cerveza Mexico Expo 2022 (Mexico City, Mexico)
24 - 30: Copa Cervezas de America 2022 (Valparaiso, Chile)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
01 - 03: Brussels Beer Challenge 2022 (Eupen, Belgium)
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
06 - 07: 3rd VLB International Brewing Web Conference (VLB Virtual Campus)
07 - 11: Mondial de la Biere Rio 2022 (Rio de Janeiro, Brazil)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2023 (Rimini, Italy)
March 2023:
08 - 11: Festival Brasileiro da Cerveja 2023 (Blumenau, Brazil)
May 2023:
07 - 10: Craft Brewers Conference & BrewExpo America 2023 (Nashville, TN, USA)
10 - 10: World Beer Cup 2023 (Nashville, TN, USA)
12 - 14: Cerveza Mexico Expo 2023 (Guadalajara, Mexico)
25 - 27: InnBrew 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
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Brewery News
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South Africa: Beer industry calls for considering different beer taxes to wine ahead of Medium-Term Budget Policy Statement
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A war of the malt is brewing ahead of the Medium-Term Budget Policy Statement (MTPS) next month after South Africa’s beer industry has called on Finance Minister Enoch Godongwana to consider taxing beer differently to wine in line with inflation-based excise duty increases, IOL reported on September 14.
This as the beer industry earlier this week said it would take another two years to recover from the economic hangover of the Covid-19 pandemic, which did immense damage in terms of sales, jobs and growth.
The Beer Association of South Africa (Basa), in its submission and presentation on the 2022 Draft Tax Bills to the Standing Committee on Finance (SCoF) in Parliament, also called for South African policy commitment on September 13 to a three-year inflation-based increase strategy.
Basa’s membership includes: The Craft Brewers Association of South Africa, Heineken South Africa and South African Breweries.
Basa explained that beer was taxed at an excise duty based on the litres of absolute alcohol (LAA) or alcohol by volume (ABV), while wine is taxed at a rate based on litres irrespective of the ABV, which makes the excise duty liability for wine to remain at R4.96 irrespective of the ABV.
ABV ranges between 4.5 percent and 14
...More info on site
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Qatar: Budweiser promoting its alcohol-free lager at upcoming soccer World Cup
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Budweiser is promoting its alcohol-free lager at the upcoming soccer World Cup in Qatar, balancing its role as the official beer of the event with the strict regulations on the sale and consumption of alcohol in the predominantly Muslim host nation, The Wall Street Journal reported on September 15.
Executives from Anheuser-Busch InBev SA, the brewer’s parent company, believe the restrictions on alcohol sales in the country provide it with an opportunity to encourage more people to try its alcohol-free Budweiser Zero, which will be on offer at stations around the tournament and inside soccer stadiums’ main bowls, where alcohol sales aren’t permitted.
“There will be millions of people watching the games, so it’s a sizable trial opportunity for sure,” said Marcel Marcondes, Anheuser-Busch InBev’s global chief marketing officer.
The company wants low-alcohol and no-alcohol beer products to make up at least 20% of its global beer volume by 2025. The current figure stands at 6.63%, according to a company report published in February.
Budweiser will provide its flagship alcoholic brand only at certain venues including at its “takeover” of the W Hotel in the capital of Doha, executives said. Alcohol isn’t illegal in Qatar but usually can only be purchased in a small
...More info on site
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Australia: Asahi’s Carlton & United Breweries releases new fruity beer range
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Carlton & United Breweries (CUB), part of Asahi Beverages, has released a new beer range with fruity flavours called Sungazer and Empire, the Inside FMCG reported on September 16.
The new brews feature malted barley, hops, yeast and water and offers a lager-like finish on the palate. Flavours in the Sungazer range include Watermelon, Raspberry and Mango while Empire offers Strawberry & Lime and Orange & Mango.
The company says the beers are low in bitterness with “a subtle maltiness” and strong fruit flavours. The brands built on the beverage giant’s existing innovation, particularly with products like Carlton Zero.
CUB GM of marketing Nicole McMillan said Fruity Beer is a ground-breaking innovation that will help CUB and bottleshops keep pace with evolving consumer tastes.
“Drinkers have told us they love the tradition of enjoying a beer with mates but increasingly want sweeter flavours and low bitterness in their beverages.”
She added the brand is committed to growing the beer market in Australia and attracting a new demographic of beer lovers.
Though the brew is not traditional, McMillan said the brands’ other popular offerings such as Victoria Bitter and Carlton Draught “aren’t going anywhere”.
The new range is now on sale in major bottleshops in 300ml cans with
...More info on site
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Lithuania & Russia: Lithuanian beer still available Russia – brewers say without their knowledge
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Lithuanian beer with a production date after the outbreak of the war in Ukraine is still available in the Russian market. According to producers, their beer is transported to Russia without their knowledge, lrt.lt reported on September 15.
Recently, activist Oleg Surajev published a video showing the beer of Lithuanian producer Volfas Engelman being loaded onto a truck with Russian plates.
After Russia’s large-scale invasion of Ukraine at the end of February, Volfas Engelman said they would stop trading with the aggressor country. However, the company continues to ship its products to Russia, according to Surajev.
“During these five months of the war, brewers have been shipping [their products to Russia],” he told LRT RADIO.
“They have been shipping their products through third companies. I exposed Lukritma, one such company. It transported [to Russia] not only beer of Volfas Engelman but also of Kalnapilis, which was produced in Lithuania’s Panevėžys but destined for the Latvian market,” Surajev added.
Mantas Matukaitis, Volfas Engelman’s Marketing Manager, said he could not confirm the evidence gathered by Surajev regarding the export of the company’s products to Russia. According to him, the company has ceased its exports to the country in two phases.
“The first phase was at the beginning of
...More info on site
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Germany: Oktoberfest is back after two years of pandemic cancellations
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Oktoberfest is back in Germany after two years of pandemic cancellations — the same bicep-challenging beer mugs, fat-dripping pork knuckles, pretzels the size of dinner plates, men in leather shorts and women in cleavage-baring traditional dresses, the Star Tribune reported on September 16.
But while brewers are more than glad to see the return of the Bavarian capital's sudsy tourist centerpiece, both they and visitors are under pressure from inflation in a way that could scarcely be imagined the last time it was held in 2019.
For one thing, the 1-liter (2-pint) mug of beer will cost between 12.60 and 13.80 euros ($12.84 and $14.07) this year, which is an increase of about 15% compared with 2019, according to the official Oktoberfest homepage.
The event opens at noon Saturday, September 17 when Munich's mayor taps the first keg and announces "O'zapft is," or "It's tapped" in Bavarian dialect.
For Germany's brewers, rising costs go much deeper than simply the price of a round at the festival's long wooden benches. They are facing higher prices all along their chain of production, from raw ingredients like barley and hops to finishing touches such as beer caps and packing material.
It's a mirror of the inflation running across
...More info on site
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Barley News
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World: Barley trade forecast unchanged, production up in USDA’s September report
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The global barley trade 2022/23 forecast is unchanged in USDA’s September report: at 29.716 mln tonnes vs. 28.774 in 2021/22.
World barley crop forecast is
...More info on site
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EU: Northern, central Europe fares well, winter and spring grains affected by drought in France, Mediterranean, Balkan countries
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This year’s European drought supposedly is the worst since hundreds of years. MARS, the Joint Research Centre of the EU, predicts substantially lower yields
...More info on site
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Australia: Weather conditions nearly ideal for this year’s barley crop in Australia
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After a period of good rains across Australia’s major barley-growing regions, there has been a break in the moisture, while temperatures have been cooler,
...More info on site
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Germany: Spring barley production estimated at 1.9 mln tonnes this year
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Germany’s spring barley production is 1.9 mln tonnes (as per DRV), but almost 2.1 mln tonnes including fall-planted spring barleys, H. M. Gauger GmbH
...More info on site
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Canada: Barley exports drop to 2 mln tonnes in August 2021-July 2022 from 3.7 mln the year before
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Canada’s barley exports in August 2021-July 2022 were 2.0 mln tonnes, of which 1.8 mln tonnes to China. A year before shipments were 3.7
...More info on site
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Australia: July malting barley export up 80% versus June
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Australia exported 94,404 tonnes of malting barley, 498,057t of feed barley and 242,400t of sorghum in July, according to the latest data from the Australian Bureau of Statistics.
The barley figures are up 80 per cent from the June total on malting and 4pc on feed, while the sorghum total represents a 4pc drop over the month.
Flexi Grain pool manager Sam Roache said July was a strong month for malting barley thanks to the return of demand from Mexico and Peru as well as Vietnam.
“The consistency of the Central and South American business is notable, and it will be interesting to watch if the Canadians can eat into this market with their improved production as we move into the Oct-Dec quarter,” Mr Roache said.
As with last year, when Canada’s drought fuelled export Feed barley shipments were strong for a period when Australian exports typically enter the key Black Sea and EU shipping window
“Our volumes are seemingly unaffected by the harvest pressure and export competition out of the Northern Hemisphere at this stage.
“We do note that the Ukrainians are shipping virtually no barley so far this season, with the majority of resources being focussed on corn to this point.”
Russian new-crop grain shipments
...More info on site
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Ukraine: Successes of Ukrainian army may improve forecasts for winter sowing area
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The successes of the Ukrainian army, which has liberated a significant territory in the northeast and south of Ukraine, may improve the forecasts of the winter sowing area for the 2023 grain crop, a deputy agriculture minister said on September 14.
Ukrainian forces liberated most of the Kharkiv region and some areas in the south during successful counteroffensive actions in recent days.
Ukrainian farmers have already started winter sowing and the ministry says the sowing area could fall by 35% this year to around 4.7 million hectares due to the Russian invasion. Farms sow winter wheat, winter barley, rape and rye.
“Regarding the liberation of Ukrainian territories from occupation by the Armed Forces of Ukraine, we have reasonable optimism that this forecast of 4.7 million hectares will improve,” Markiyan Dmytrasevych said.
The ministry said on September 13 farms in almost all regions had started sowing winter wheat for the 2023 harvest, seeding 141,000 hectares, or 3.5% of the expected area.
Minister Mykola Solsky told Reuters last month that the winter wheat area could fall to 3.8 million hectares from 4.6 million a year earlier due to the Russian invasion.
Farmers had already sown 7,100 hectares of winter barley, or 1.1% of the expected area, and 5,400
...More info on site
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