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E-Malt.com Flash 34b
August 24 - August 27, 2023
Quote of the Week
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.
Earl Nightingale
Currency Rates
Base Currency: Euro
on August 25, 2023 |
Base Currency: US Dollar
on August 25, 2023 |
| |
1 EUR = 1.0840 USD
1 EUR = 0.8561 GBP
1 EUR = 1.4687 CAD
1 EUR = 1.6815 AUD
1 EUR = 157.7030 JPY
1 EUR = 5.2738 BRL
1 EUR = 102.3630 RUB
1 EUR = 7.8699 CNY
|
|
1 USD = 0.9224 EUR
1 USD = 0.7897 GBP
1 USD = 1.3549 CAD
1 USD = 1.5511 AUD
1 USD = 145.4770 JPY
1 USD = 4.8652 BRL
1 USD = 94.4324 RUB
1 USD = 7.2602 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 25, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
312.00-314.00 |  |
| 6RW Malting Barley (FOB Creil) |
235.00-237.00 | |
Feed Barley (FOB Creil) |
206.00-208.00 | |
| 2RS Malt (FOB Antwerp) |
662.50-664.50 | |
| 6RW Malt (FOB Antwerp) |
698.50-700.50 | |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
291.00-293.00 | |
| 6RW Malting Barley (FOB Creil) |
243.00-245.00 | |
| 2RS Malt (FOB Antwerp) |
647.00-649.00 | |
| 6RW Malt (FOB Antwerp) |
588.00-590.00 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
310.00-312.00 | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
The Netherlands & Russia: Heineken announces sale of Russian business for 1 euro
...Click here
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Vietnam: Sabeco approves plan to raise its charter capital
...Click here
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India: AB InBev India reports increase in first-half sales
...Click here
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India: AB InBev calls for legislation to support beer market growth
...Click here
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UK: Tighter global supplies of barley helping to support markets
...Click here
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UK: Barley stocks held by farmers in England and Wales nearly double versus last year
...Click here
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UK: Craft beer boom ends as more than 100 UK firms go bust
...Click here
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India: India's new definition of single-malt, single-grain whisky to come into effect on March 1, 2024
...Click here
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Ukraine: Prolonged heat creates unfavourable conditions for winter grain sowing
...Click here
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UK: Alcohol-free beer price almost doubles in a year
...Click here
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Graph of the week
Table of the week
EU Hops and Alpha Acid Production 2021-2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 August
1853 - 1st potato chips prepared by Chef George Crum (Saratoga Springs, NY)
1869 - Cornelius Swarthout patents waffle iron
1995 - Windows 95 debuts
25 August
1609 - Galileo demonstrates his 1st telescope to Venetian lawmakers
1900 - Friedrich Nietzsche philosopher, dies in Weimar, Germany
1956 - 1st non-stop transcontinental helicopter flight arrived Washington D.C.
26 August
1541 - Turkish sultan Suleiman occupies Budapest and annexes Hungary
1843 - Charles Thurber patents a typewriter
1880 - Guillaume Apollinaire was born, poet/movie critic (Alcoola)
27 August
1910 - Mother Teresa was born (Agnes Gonxha Bojaxhiu), Yugoslavia, Nobel 1979
1950 - 1st transmission of a TV program from continental Europe shown on BBC
1965 - Le Corbusier, (Charles Jeanneret), Swiss/French architect, dies at 77
Agenda
September 2023:
04 - 06: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
08 - 09: Stockholm Beer & Whisky Festival 2023 (Stockholm, Sweden)
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
11 - 15: Mondial de la Biere Rio 2023 (Rio de Janeiro, Brazil)
19 - 20: Brew Asia 2023 (Ho Chi Minh City, Vietnam)
19 - 21: Warsaw Beer Festival 2023 (Warsaw, Poland)
20 - 21: Salon du Brasseur 2023 (Parc Expo Nancy, France)
21 - 23: Whisky Live Paris 2023 (Paris, France)
November 2023:
28 - 30: Brau Beviale 2022 (Nuremberg, Germany)
December 2023:
06 - 08: Drink Japan 2023 (Makuhari Messe, Japan)
February 2024:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)
March 2024:
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
22 - 24: St Malo Craft Beer Expo 2024 (St Malo, France)
April 2024:
11 - 13: KIBEX 2024 (Seoul, South Korea)
21 - 24: Craft Brewers Conference & BrewExpo America 2024 (Las Vegas, USA)
May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
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Brewery News
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The Netherlands & Russia: Heineken announces sale of Russian business for 1 euro
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Dutch brewer Heineken has completed its withdrawal from Russia, 18 months after Moscow launched its full-scale invasion of Ukraine, selling its business in Russia
...More info on site
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Vietnam: Sabeco approves plan to raise its charter capital
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Saigon Beer-Alcohol-Beverage Corporation, also called Sabeco, has approved a plan to issue more than 641 million bonus shares to raise its charter capital, Viet
...More info on site
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India: AB InBev India reports increase in first-half sales
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AB InBev India has reported a 30 per cent increase in sales with gains in some markets in the first half of 2023 and
...More info on site
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India: AB InBev calls for legislation to support beer market growth
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Despite beer’s global popularity, its consumption in India remains modest compared to its population, remaining below 350 million cases a year. Kartikeya Sharma, India
...More info on site
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Germany: Alcohol-free beer booming in Germany
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All the fun of the Oktoberfest, without the hangover: Germans are swapping traditional beer for non-alcoholic brews, driven by health concerns and the increasing
...More info on site
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UK: Craft beer boom ends as more than 100 UK firms go bust
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Kimi Karjalainen and his brother Marko poured their life savings into Bone Machine Brewing Co when it opened in Pocklington, East Yorkshire, in 2017
...More info on site
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UK: Alcohol-free beer price almost doubles in a year
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The price of alcohol-free beer in the UK’s supermarkets has almost doubled in a year, according to new data from Reapp, TalkingRetail reported on August 22.
A multipack has rocketed from £4.28 in June 2022 to £8.13 today – a rise of more than 90%, the retail data expert said.
Yet despite these price hikes, sales have increased by 68% as more and more shoppers turn to the category.
Some of the biggest sales of the past twelve months coincided with ‘Dry January’ as more and more people cut out alcohol at the start of the year.
Reapp commercial director, James Lamplugh, commented: “Alcohol-free beer is becoming an essential for more and more of the nation’s shoppers as they seek to moderate alcohol intake.
“Our latest analysis demonstrates how the category is surging with sales up by nearly 70%.
“But with that we are also seeing price rises of over 90% on multi-packs hitting shoppers hard in the pocket.”
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Barley News
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UK: Tighter global supplies of barley helping to support markets
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Tighter global supplies of barley are helping to support markets and reduce its discount to wheat.
Spot prices collected by Farmers Weekly on 23 August
...More info on site
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UK: Barley stocks held by farmers in England and Wales nearly double versus last year
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Data published on August 24 by Defra and AHDB gives some insight into UK stocks of wheat, barley, and oats at the end of
...More info on site
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Ukraine: Prolonged heat creates unfavourable conditions for winter grain sowing
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Prolonged heat across many Ukrainian regions has dried the upper soil level, creating unfavourable conditions for the forthcoming winter grain sowing, analysts APK-Inform quoted state weather forecasters as saying on August 24.
Ukraine traditionally plants winter wheat which accounted for around 95% of all winter output, along with winter rapeseed and winter barley.
“High air temperatures and the lack of precipitation in almost half of the territory led to a decrease in productive moisture reserves,” forecasters said in a report.
“The top 0-10 cm of soil was almost dry in most areas. These conditions made it difficult to prepare the soil for winter crops and start sowing winter rapeseed.”
Ukraine has already started the winter sowing for the 2024 harvest, seeding winter rapeseed.
The farm ministry has asked producers this month to report their sowing plans for 2024 to form preliminary estimates for the 2024/25 season.
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Whisky News
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India: India's new definition of single-malt, single-grain whisky to come into effect on March 1, 2024
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The Food Safety and Standards Authority of India (FSSAI) has said that its definition of single-malt and single-grain whisky would come into effect from March 1, 2024. FSSAI has defined single-malt whisky as "a distillate obtained from fermented mash that uses malted barley without adding any other grain, which is distilled in pot still and produced in a single distillery", CNBCTV18.com reported on August 24.
Single-grain whisky will not include single-malt whisky and blended malt whisky or blended grain whisky.
Under this new directive, the classification of single-grain whisky will not encompass single-malt whisky, blended malt whisky, or blended grain whisky. The specification for single-malt whisky is derived as "a distillate derived from a fermented mash that exclusively employs malted barley, with no addition of other grains. This distillate is subject to pot still distillation only and originates from a solitary distillery," FSSAI said.
Meanwhile, single-grain whisky is designated as a "distillate obtained from a fermented mash that employs malted or unmalted grain and is created within a singular distillery."
Recently, the Confederation of Indian Alcoholic Beverage Companies (CIABC) had urged the Agricultural and Processed Food Products Export Development Authority to devise a more precise, India-centric delineation of the definition of single malt whisky.
...More info on site
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