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E-Malt.com Flash 05a
January 29 - January 31, 2024
Quote of the Week
He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has.
Epictetus
Currency Rates
Base Currency: Euro
on January 31, 2024 |
Base Currency: US Dollar
on January 31, 2024 |
| |
1 EUR = 1.0835 USD
1 EUR = 0.8538 GBP
1 EUR = 1.4528 CAD
1 EUR = 1.6411 AUD
1 EUR = 159.7920 JPY
1 EUR = 5.3650 BRL
1 EUR = 97.6882 RUB
1 EUR = 7.6955 CNY
|
|
1 USD = 0.9228 EUR
1 USD = 0.7879 GBP
1 USD = 1.3409 CAD
1 USD = 1.5145 AUD
1 USD = 147.4710 JPY
1 USD = 4.9517 BRL
1 USD = 90.1616 RUB
1 USD = 7.1026 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 31, 2024 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
280.00-282.00 |  |
| 6RW Malting Barley (FOB Creil) |
196.00-198.00 |  0.51% |
Feed Barley (FOB Creil) |
180.00-182.00 | 2.16% |
| 2RS Malt (FOB Antwerp) |
624.50-626.50 | |
| 6RW Malt (FOB Antwerp) |
660.50-662.50 | |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
250.00-252.00 | 1.18% |
| 6RW Malting Barley (FOB Creil) |
222.00-224.00 | 1.33% |
| 2RS Malt (FOB Antwerp) |
596.50-598.50 | 0.61% |
| 6RW Malt (FOB Antwerp) |
562.00-564.00 | 0.65% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
EU: Barley production outlook slightly raised to 47.4 mln tonnes
...Click here
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Australia: Barley harvest being wrapped up amid wet weather conditions
...Click here
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Canada: Barley ending stocks forecast up due to reduction in demand
...Click here
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Argentina: Final barley crop view is for reasonable quality and good malting selection rate
...Click here
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Germany: Oettinger acquires protein beer manufacturer JoyBräu
...Click here
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Japan & Hungary: Asahi announces $280 mln investment in Hungarian unit Dreher Breweries
...Click here
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UK: Heineken to hike prices for its draught wholesale products from February
...Click here
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Graph of the week
Table of the week
Australia Barley Supply and Disposition 2016-2023s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
29 January
1886 - 1st successful gasoline-driven car patented, Karl Benz, Karlsruhe
1986 - 193.8 million shares traded in NY Stock Exchange
1988 - United Airlines Boeing 747SP, circles world in 36h54m15s
30 January
1922 - World Law Day, 1st celebrated
1951 - Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 - Belgium's TV channel 2 in Flanders goes on the air
31 January
1956 - The twist off bottle cap is invented
1973 - Ragnar Frisch Norwegian economist (Nobel 1969), dies at 77
1990 - McDonald's opens its first restaurant in Russia
2010 - Avatar becomes the first film to gross over $2 billion worldwide
Agenda
February 2024:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
15 - 17: Great British Beer Festival Winter 2024 (Burton-on-Trent, UK)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)
March 2024:
05 - 08: The 12th RMI Conference (Rome, Italy)
12 - 14: ExpoAntad 2024 (Guadalajara, Mexico)
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
13 - 14: BeerX 2024 (Liverpool, UK)
21 - 23: Warsaw Beer Festival 2024 (Warsaw, Poland)
22 - 24: Barcelona Beer Festival 2024 (Barcelona, Spain)
22 - 23: InnBrew 2024 (Barcelona, Spain)
22 - 24: St Malo Craft Beer Expo 2024 (St Malo, France)
April 2024:
06 - 08: Planete Biere 2024 (Paris, France)
11 - 13: KIBEX 2024 (Seoul, South Korea)
21 - 24: Craft Brewers Conference & BrewExpo America 2024 (Las Vegas, USA)
24 - 24: World Beer Cup 2024 (Las Vegas, USA)
27 - 28: Zythos Beer Festival 2024 (Kortrijk, Belgium)
May 2024:
14 - 16: International Beer Strategies Conference 2024 (Porto, Portugal)
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Cerveza Mexico Expo 2024 (Guadalajara, Mexico)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
30 - 01 June: Craft Beer China 2024 (Shanghai, China)
June 2024:
06 - 09: Wiener Bierfest 2024 (Vienna, Austria)
11 - 13: Brasil Brau 2024 (Sao Paulo, Brazil)
14 - 15: Tallinn Craft Beer Weekend 2024 (Tallinn, Estonia)
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:
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)
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Brewery News
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World: Diageo sees sharp fall in half-year profits
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Diageo, the British drinks giants which owns Guinness, Carlsberg and Bailey’s, saw a sharp fall in profits for the first six months of its
...More info on site
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USA: AB InBev shutting two of its US breweries
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AB InBev is shutting the doors of two of its US breweries, Wynwood Brewing in Miami, Florida, and Golden Road Brewing in Sacramento, California.
Wynwood
...More info on site
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Germany: Oettinger acquires protein beer manufacturer JoyBräu
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Germany-based brewery Oettinger has acquired JoyBräu, a start-up specialising in the manufacture of protein-infused non-alcoholic beer, FoodBev Media reported on January 29.
JoyBräu – a Hamburg-based start-up founded in 2016 by Erik Dimter and Tristan Bruemmer – produces functional protein-based beer for health-conscious consumers in Germany, as well as in other countries, including the US, Canada and the UK.
By integrating JoyBräu’s patented process technology into its product pipeline, Oettinger aims to elevate “the spirit, agility and willingness to experiment” that defines the protein beer brand, as it integrates the patented process technology into the Oe product pipeline.
JoyBräu‘s expertise in protein-infused beverages aligns with Oettinger’s broader vision for its innovation brand, Oe. Under Oe, the company plans to introduce a variety of functional drinks to both domestic and international markets in the coming year.
Oe is strategically aimed at capturing the functional drink markets, both domestically and internationally. The primary focus of its in-house product range revolves around the Original Oettinger brand, offering a diverse selection of beer, soft drinks and beer mixes.
Before the acquisition, JoyBräu successfully distributed its products globally, reaching markets in China, Japan, South Korea and the Middle East. Figures from 2022 reveal that JoyBräu achieved sales exceeding 6 million
...More info on site
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Japan & Hungary: Asahi announces $280 mln investment in Hungarian unit Dreher Breweries
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Japan's Asahi Group Holdings is spending heavily to build a European presence as its home market shrinks, following up a Rugby World Cup sponsorship with a 100 billion forint ($280 million) investment in Hungarian unit Dreher Breweries, the Nikkei Asian Review reported on January 28.
Dreher, which marks its 170th anniversary this year, was one of five Eastern European breweries Asahi acquired in 2017 from Anheuser-Busch InBev for 7.3 billion euros ($7.9 billion at current rates). It is Hungary's top beer company, holding around 30% of the market, with brands including its eponymous mainstay Dreher and the nonalcoholic Dreher 24.
Asahi is homing in on Europe due partly to the relatively high share of upmarket items in beer sales there -- an important factor given the impact of rising material costs. The brewer's average unit price in the European market rose 15% on the year in the first nine months of 2023, compared with 9.5% in Japan and 3.1% in Australia.
The Dreher investment package will update the brewer's aging equipment over the course of 10 years. The first phase, running through 2026, will put 30% of the total toward new fermentation and conditioning equipment as well as sustainability efforts such as renewable
...More info on site
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UK: Heineken to hike prices for its draught wholesale products from February
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Heineken UK is set to introduce a 1.73% price hike for its draught wholesale products from next month, though the global brewer claimed it had made “considerable efforts” to “minimise impact of inflation” for its customers, the Morning Advertiser reported on January 30.
The Morning Advertiser understands the changes will be duty exclusive and come into effect for all deliveries of Heineken UK’s draught beer and cider brands from Monday 5 February.
However, the firm has frozen prices on its packaged beer and cider.
A Heineken UK spokesperson said: “We have informed our on-trade customers that we are freezing the price on packaged beer and cider and increasing draught wholesale price by an average of 1.73%.
“We have made considerable efforts across the business to reduce costs and drive efficiencies so that we can minimise the impact of inflation for our customers.”
In addition to the draught price hike, Heineken UK will also lower the ABV of its John Smith’s Extra Smooth brand from 3.6% to 3.4%, effective from 5 February on keg products and Monday 29 January for packaged beers.
The spokesperson added Heineken had “spent many months” perfecting the new version of the “much-loved beer”, including “extensive” testing with consumers to “ensure the
...More info on site
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Barley News
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EU: Barley production outlook slightly raised to 47.4 mln tonnes
|
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With upward revisions to soft wheat imports and production, the European Union’s ending stocks forecast was raised in the European Commission’s monthly supply and
...More info on site
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Australia: Barley harvest being wrapped up amid wet weather conditions
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Wet conditions continued as the last piece of harvest is wrapping up in Australia. This final phase of harvest, dominated by wet conditions, has
...More info on site
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Canada: Barley ending stocks forecast up due to reduction in demand
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With Canada barley crop 2023 at 8.85 mln tonnes, down 1.1 mln tonnes from crop 2022, the reduction in demand (domestic and export) has
...More info on site
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Argentina: Final barley crop view is for reasonable quality and good malting selection rate
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Argentina’s barley harvest has finished under mostly favourable conditions, and the general view is for reasonable quality and a good selection rate for malting
...More info on site
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