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E-Malt.com Flash 29a
July 15 - July 17, 2024
Quote of the Week
Someone's sitting in the shade today because someone planted a tree a long time ago.
Warren Buffet
Currency Rates
Base Currency: Euro
on July 17, 2024 |
Base Currency: US Dollar
on July 17, 2024 |
| |
1 EUR = 1.0892 USD
1 EUR = 0.8402 GBP
1 EUR = 1.4902 CAD
1 EUR = 1.6168 AUD
1 EUR = 172.6430 JPY
1 EUR = 5.9226 BRL
1 EUR = 96.1407 RUB
1 EUR = 7.8820 CNY
|
|
1 USD = 0.9180 EUR
1 USD = 0.7713 GBP
1 USD = 1.3682 CAD
1 USD = 1.4842 AUD
1 USD = 158.4920 JPY
1 USD = 5.4375 BRL
1 USD = 88.2656 RUB
1 USD = 7.2364 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 17, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
257.00-259.00 |  2.64% |
| 6RW Malting Barley (FOB Creil) |
245.00-247.00 | 1.20% |
Feed Barley (FOB Creil) |
182.00-184.00 | 1.61% |
| 2RS Malt (FOB Antwerp) |
605.00-607.00 | 1.40% |
| 6RW Malt (FOB Antwerp) |
590.50-592.50 | 0.62% |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
257.00-259.00 | 2.64% |
| 6RW Malting Barley (FOB Creil) |
245.00-247.00 | 1.20% |
Feed Barley (FOB Creil) |
192.00-194.00 |  1.05% |
| 2RS Malt (FOB Antwerp) |
605.00-607.00 | 1.40% |
| 6RW Malt (FOB Antwerp) |
590.50-592.50 | 0.62% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
UK: Muntons toasts a big rise in earnings and profits
...Click here
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World: Beer market on path of robust growth, report says
...Click here
|
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USA: Beer data continues to trend in a positive direction
...Click here
|
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China: China expected to see beer consumption recovery this year
...Click here
|
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Ukraine: January-June beer production up 4.2% compared to the same period in 2023
...Click here
|
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World: Diageo expected to report another slide in earnings later this month
...Click here
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World: Barley crop forecast reduced by 1.3 mln tonnes
...Click here
|
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World: Global barley trade forecast reduced on lower export expectations for EU, Canada, Russia
...Click here
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EU & UK: Barley picture dominated by rain in Europe
...Click here
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Australia: Improved barley condition driving prices sharply downward
...Click here
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Slovenia: Hop area under cultivation down 35 ha this year
...Click here
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World: Spirits set to overtake wine as global drinking habits change, report says
...Click here
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France: Analysts don’t expect France to see surge in beer sales during the Olympics
...Click here
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USA, CA: AB InBev to invest $7 mln in its Fairfield brewery
...Click here
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South Africa: South Africans warned of a looming increase in beer prices
...Click here
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Graph of the week
Table of the week
Germany Hops Area 2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 July
1783 - 1st steamboat, Pyroscaphe, 1st run in France
1869 - Margarine is patented in France by Hippolyte Mege Mouries of Paris
1954 - The first commercial jet transport airplane built in US is tested (Boeing 707)
2003 - AOL Time Warner disbands Netscape. The Mozilla Foundation is established on the same day
2006 - Twitter is launched, becoming one of the largest social media platforms in the world
16 July
1661 - 1st banknotes in Europe were issued by Bank of Stockholm
1935 - 1st automatic parking meter in US installed, Oklahoma City
17 July
1850 - Harvard Observatory takes 1st photograph of a star (Vega)
1899 - NEC Corporation is organized as the first Japanese joint venture with foreign capital
1931 - 1st air-conditioned ship (Mariposa) launched
1955 - Disneyland, Walt Disney's metropolis of nostalgia, fantasy, and futurism, opens
Agenda
August 2024:
08 - 10: VIETFOOD & BEVERAGE - VIETNAM 2024 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
17 - 20: World Brewing Congress 2024 (Minneapolis, Minnesota)
23 - 24: Beervana 2024 (Wellington, New Zealand)
September 2024:
02 - 04: 14th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Ciudad de Mexico (CDMX), Mexico)
12 - 14: Stockholm Beer & Whisky Festival 2024 (Stockholm, Sweden)
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)
21 - 06 October: Oktoberfest 2024 (Munich, Germany)
28 - 30: Whisky Live Paris 2024 (Paris, France)
October 2024:
03 - 04: Brew Asia 2024 (Suntec Convention & Exhibition Centre, Singapore)
23 - 25: Drink Technology India 2024 (Bombay Exhibition Centre, Mumbai, India)
28 - 31: China Brew 2024 China Beverage 2024 (Shanghai, China)
November 2024:
22 - 22: Drink Japan 2024 (Makuhari Messe, Japan)
26 - 28: Brau Beviale 2024 (Nuremberg, Germany)
February 2025:
06 - 07: Glug Swiss 2025 (Alte Reithalle, Aarau, Switzerland)
07 - 10: HoReCa 2025 (Athens, Greece)
16 - 18: BBTech Expo 2025 (Rimini, Italy)
21 - 23: Finest Spirits 2025 (Munich, Germany)
March 2025:
03 - 07: IBD Asia Pacific Convention 2025 (Hobart, Tasmania)
12 - 15: Festival Brasileiro da Cerveja 2025 (Blumenau, Brazil)
19 - 20: BeerX 2025 (Liverpool, UK)
April 2025:
06 - 09: 15th International Trends in Brewing 'Beer & Society' 2025 (Leuven, Belgium)
10 - 12: KIBEX 2025 (Seoul, South Korea)
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Malt News
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UK: Muntons toasts a big rise in earnings and profits
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A Suffolk-based malt firm is toasting a big rise in earnings and profits - as figures show manufacturing output across the East of England
...More info on site
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Brewery News
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World: Beer market on path of robust growth, report says
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The global beer market is currently on a path of robust growth, with an estimated increase of $148.43 billion from 2024 to 2028, according
...More info on site
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World: Global beer production falls 0.9% in 2023
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Global beer production has fallen. A total of 188 billion litres of beer were produced last year, according to the annual report from the
...More info on site
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China: China expected to see beer consumption recovery this year
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China, the world’s largest producer and consumer of beer, is expected to see a consumption recovery in the second half of this year, favoring
...More info on site
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USA: Beer data continues to trend in a positive direction
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US beer data continues to trend in a positive direction, with the latest June release of the Beer Purchasers’ Index, RMI Analytics said in
...More info on site
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World: Diageo expected to report another slide in earnings later this month
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Guinness owner Diageo PLC is expected to report another slide in earnings in its full-year results later this month, with analysts expecting it to
...More info on site
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Ukraine: January-June beer production up 4.2% compared to the same period in 2023
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Ukraine’s January-June beer output totalled 6.79 million hectolitres (hl), up 4.2% compared to the same period in 2023, according to the website of the
...More info on site
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France: Analysts don’t expect France to see surge in beer sales during the Olympics
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Will France see an increase in beer sales during the upcoming Paris 2024 Olympic Games? Not if the past couple of years are anything to go by, new data from Kantar has found, ESM reported on July 17.
In summer 2023, beer sales saw a drop in consumption in France, with 6.9% fewer purchase occasions in the period from May to September, compared with the previous year.
This decline was seen across pretty much all beer categories, including non-alcoholic beers (-12.2% in volume sales), blonde beers (-8.4%) and fruit/flavoured beers (-7%). Only amber beers bucked the trend, seeing a 4.2% increase in volume sales, Kantar's data showed.
Overall, 46% of beer purchase occasions in France occur during the summer, with drinkers seeking both 'celebration' and 'responsible consumption', Kantar said – trends that may have once been seen as contradictory, but now operate in tandem.
Looking at summer consumption trends, using data from 2022, wheat beers saw a 98% increase in traffic during summer, compared to winter, while fruit-flavoured beers (e.g., Desperados, Cubanisto) experienced 20% more traffic in summer than in winter.
The non-alcoholic beer sector also shows strong summer seasonality. Non-alcoholic flavoured beers (e.g., Tourtel Twist, Desperados Virgin) generated 130% more traffic in summer compared
...More info on site
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USA, CA: AB InBev to invest $7 mln in its Fairfield brewery
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Beer giant Anheuser-Busch announced on July 11 plans to invest $7 million in its Fairfield brewery to support ongoing facility improvements, including new roofing for the facility and new equipment and lighting, on top of other structural repairs, The North Bay Business Journal reported.
A news release from the brewery said the updates made with this investment will “ensure the brewery continues to brew, package and distribute Anheuser-Busch beer in the highest quality and most efficient way possible.”
While investments are made to the Solano County facility every year, per a spokesperson for Anheuser-Busch, the last time the company announced investment in brewing facilities was 2017.
“These investments in our Fairfield brewery strengthen capabilities across our entire business to ensure our northern California facility continues to brew the great-tasting, high-quality products that have satisfied drinkers for generations," said Brendan Whitworth, CEO of Anheuser-Busch, in the release.
The Fairfield location brews over 20 of the company’s brands including Budweiser, Bud Light and Big Wave. It also has 254 full time employees and was first constructed in 1976.
Anheuser-Busch has invested nearly $2 billion in its facilities across the country with hopes of creating and sustaining jobs while driving economic prosperity in the communities where it operates,
...More info on site
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South Africa: South Africans warned of a looming increase in beer prices
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The National Enterprises Workers Union Ya Afrika (NEWUYA) is warning South Africans of a looming increase in the price of beer as workers at the United National Breweries enter the fifth week of strike action over wage disputes, Primedia Plus reported on July 12.
NEWUYA initiated industrial action over a month ago due to the employer's persistent failure to implement wage adjustments agreed upon in April 2021.
More than a hundred employees at the African beer manufacturing company have joined the strike, leading to notable reductions in production volumes in recent weeks and mounting pressure on the company.
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Barley News
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World: Barley crop forecast reduced by 1.3 mln tonnes
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The critical harvest period has now arrived in Europe and clarity to yield and quality results with it. RMI Analytics’ global barley crop forecast
...More info on site
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World: Global barley trade forecast reduced on lower export expectations for EU, Canada, Russia
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Global barley trade forecast for 2024/25 is reduced this month to 27.479 mln tonnes from 28.679 mln tonnes in June on lower export expectations
...More info on site
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EU & UK: Barley picture dominated by rain in Europe
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Rain (and more rain) continues to dominate the European barley picture. The impact of the wet 2024 growing season is illustrated by poorer crop
...More info on site
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Australia: Improved barley condition driving prices sharply downward
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The much improved barley conditions are having an immediate impact and driving Australian prices sharply downward, RMI Analytics said in their early July report.
...More info on site
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Hops News
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USA: Hop area down 18% due to oversupply
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Due to the oversupply of aroma hops, the USA recorded a further sharp decline in the aroma varieties Citra, Mosaic and Cascade this year,
...More info on site
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Slovenia: Hop area under cultivation down 35 ha this year
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Slovenia’s area under hop cultivation decreased by 35 ha (-2 %) to a total of 1,641 ha, BarthHaas said in their June update.
The
...More info on site
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Whisky News
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World: Spirits set to overtake wine as global drinking habits change, report says
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More cases of spirits, such as vodka and whisky, than of wine are set to be sold globally, the World Spirits Alliance predicted on
...More info on site
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