If you want to see this letter from our site, please follow this link. https://www.e-malt.com/Publications.asp?20352
E-Malt.com NewsLetter

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes



Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 30b
July 24 - July 27, 2025


Quote of the Week

Ever tried. Ever failed. No matter. Try again. Fail again. Fail better.
Samuel Beckett

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 192,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: EUR234.00
Two-year individual subscription: EUR415.00
Save money when your colleagues join:

One-year group subscription for 2-5 members: EUR483.00
One-year group subscription for 6-10 members: EUR720.00
One-year group subscription for 11-20 members: EUR955.00
One-year group subscription for 21-50 members: EUR1,275.00
One-year group subscription for 51-100 members: EUR1,595.00
One-year group subscription for 101 and more members: EUR1,944.00

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on July 25, 2025
Base Currency: US Dollar
on July 25, 2025
      1 EUR = 1.1762 USD
1 EUR = 0.8684 GBP
1 EUR = 1.6020 CAD
1 EUR = 1.7804 AUD
1 EUR = 172.3870 JPY
1 EUR = 6.4926 BRL
1 EUR = 92.8837 RUB
1 EUR = 8.4174 CNY
      1 USD = 0.8501 EUR
1 USD = 0.7383 GBP
1 USD = 1.3620 CAD
1 USD = 1.5136 AUD
1 USD = 146.5540 JPY
1 USD = 5.5199 BRL
1 USD = 78.9682 RUB
1 USD = 7.1563 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


July 25, 2025
French Barley/Malt
Crop 2025
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 220.00-222.00 -
6RW Malting Barley (FOB Creil) 203.00-205.00 -
Feed Barley (FOB Creil) 183.00-185.00 -
2RS Malt (FOB Antwerp) 559.50-561.50 -
6RW Malt (FOB Antwerp) 538.50-540.50 -
French Barley/Malt
Crop 2026
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 238.00-240.00 -
6RW Malting Barley (FOB Creil) 218.00-220.00 -
Feed Barley (FOB Creil) 194.00-196.00 -
2RS Malt (FOB Antwerp) 581.50-583.50 -
6RW Malt (FOB Antwerp) 557.00-559.00 -
German Malting Barley
Crop 2024
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 192.00-194.00 up1.18%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news USA: Brewers Association’s midyear survey shows positive signals emerging in industry ...Click here
Brewery news Nigeria: Guinness Nigeria’s annual performance sees remarkable turnaround despite challenging economy ...Click here
Brewery news Tanzania: Tanzania Breweries sells 60% shareholding in Darbrew Ltd at a loss ...Click here
Brewery news Romania: Beer market hit by taxes and excise duties on road to stabilisation ...Click here

Barley news World: Barley supply situation becoming increasingly more comfortable ...Click here
Barley news EU: Barley crop forecast up 1.2 mln tonnes supported by record crop in Spain ...Click here


More Industry News


Brewery news South Africa: Beer industry calls for a policy change ...Click here
Brewery news USA: Boston Beer’s Q2 earnings significantly exceed analyst expectations ...Click here
Brewery news UK: UK bars become largest source of on-trade value for premium and above beer ...Click here
Brewery news Australia: Government freezes biannual tax hike on beer ...Click here
Brewery news UK: Estrella Damm 0.0% beer launches in the UK ...Click here
Brewery news Jamaica: Heineken-owned Red Stripe counts on flavoured beers amid tepid market growth ...Click here
Brewery news The Netherlands: Heineken beer to return to Jumbo supermarkets ...Click here

Graph of the week



Table of the week

Canada Malt Exports 2019-2024


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


24 July
1847 - Richard M. Hoe patented the rotary type printing press, NYC
1938 - Instant coffee invented
1987 - IBM-PC DOS Version 3.3 (updated) released

25 July
1946 - 1st bikini is shown at a Paris fashion show
1978 - The world's first test-tube baby, Louise Joy Brown, was born in Lancashire, England
1984 - Cosmonaut Svetlana Savitskaya became 1st woman to walk in space

26 July
1656 - Rembrandt declares he is insolvent
1835 - 1st sugar cane plantation started in Hawaii
1908 - FBI founded

27 July
1694 - The Bank of England opens for business in London to print currency and manage the national debt. It goes on to become one of the world's most effective central banks
1866 - Atlantic telegraph cable successfully laid (1,686 miles long)
1971 - Merrill Lynch & Co. goes public, becoming the first New York Stock Exchange firm to do its own initial public offering on the NYSE

Agenda

August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
13 - 15: Brewing Summit 2025 (Palm Desert, CA, USA)
22 - 23: Beervana 2025 (Wellington, New Zealand)

September 2025:
02 - 06: Copa Cervezas de America 2025 (Valdivia, Chile)
04 - 06: Stockholm Beer & Whisky Festival 2025 (Stockholm, Sweden)
13 - 14: Bruges Beer Festival 2025 (Bruges, Belgium)
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)

October 2025:
07 - 08: RMI Asia Pacific Regional Summit 2025 (Perth, Australia)
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
16 - 17: Salon du Brasseur 2025 (Parc Expo Nancy, France)

November 2025:
04 - 06: Brussels Beer Challenge 2025 (Belgium)
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
13 - 15: Drink Technology India 2025 (Bombay Exhibition Centre, Mumbai, India)

December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)

February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)

March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
18 - 19: BeerX 2026 (Liverpool, UK)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)

May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)

June 2026:
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery news USA: Brewers Association’s midyear survey shows positive signals emerging in industry
US craft breweries have suffered closures and declines, yet nearly half of brewers insist they’re seeing growth, The Drinks Business reported on July 24.

Insights from The Brewers Association’s midyear survey have given the most up-to-date data on the state of the craft beer sector in America. But some of it is quite revealing.

The findings offer a broad perspective on the state of the craft beer industry and, although the research shows that closings are continuing to outpace openings, there are green shoots emerging, even whilst geopolitical tensions between America and Canada are starting to shake up the sector.

Beer is an economic lifeline for millions across America, in fact, as a whole, the US beer industry generates US$471 billion in economic activity annually, according to research from the Beer Institute and the National Beer Wholesalers Association (NBWA). In Ohio alone, craft beer brought in US$1.29 billion in 2024 and is forecast to grow further.

The number of craft breweries operating in June 2025 (9,269) was down 1% from the number operating in June 2024 (9,352). By business type, the smaller distribution-focused microbreweries experienced the largest drop-off at -3%, followed by taprooms at -1%, and brewpubs and regional breweries with no change year-over-year.

According ...More info on site


Brewery news Nigeria: Guinness Nigeria’s annual performance sees remarkable turnaround despite challenging economy
Guinness Nigeria Plc has announced its unaudited financial results for the twelve months ended 30 June 2025, reporting a remarkable turnaround in performance despite a persistently challenging economic environment and an intensely competitive landscape, Nairametrics reported on July 24.

The announcement comes in a landmark year for the company, as Guinness Nigeria celebrates 75 years of operations in Nigeria—a testament to the enduring strength of its brands, its people, and its commitment to brewing excellence.

In the period under review, the company delivered strong topline growth, with revenue rising by 65.8% to N496.6 billion, up from N299.5 billion in the previous year. Gross profit grew by 62.2% to N148.3 billion, while operating profit rose by 86.6% to N47.4 billion.

Most notably, the company returned to profitability with a net profit after tax of N16.2 billion, compared to a N54.7 billion loss recorded in FY24.

These results reflect Guinness Nigeria’s focused execution of its strategic priorities, disciplined cost management, and the resilience of its people and portfolio.

Commenting on the performance, Prof. Fabian Ajogwu, SAN, Chairman of the Board, said: “This strong turnaround speaks to the quality of leadership, clarity of vision, and strength of governance at Guinness Nigeria. As we mark 75 years of doing ...More info on site


Brewery news Romania: Beer market hit by taxes and excise duties on road to stabilisation
The Romanian beer market managed to stay afloat last year in terms of production, though it faced major problems stemming from higher excise duties and inflation. This year is not looking any better for beer producers, but optimism remains high among both Romanian and European brewers, Business Review reported on July 22.

At the European level, the beer market provides 2 million jobs, has an annual added value of EUR 52 billion, and pays EUR 40 billion to the authorities. According to data from the European Brewers’ Association (EBA), one brewing job generates another 17 jobs in the economy. Of these, two are in agriculture, two in retail, and 13 in bars, clubs, restaurants, and cafés. Of the EUR 40 billion total, EUR 14 billion is taxes and other duties, EUR 12.5 billion comes from domestic VAT (on-trade), EUR 7 billion from excise duties, and EUR 6.5 billion from export VAT (off-trade).

In the COVID and post-COVID period, beer consumption fell in most of the 28 member countries of the EBA, an association that represents the interests of more than 10,000 brewers and gathers data from across Europe. But the downward trend in consumption goes back further than 2020. According to data ...More info on site


Brewery news Tanzania: Tanzania Breweries sells 60% shareholding in Darbrew Ltd at a loss
Tanzania Breweries Limited (TBL) Plc sold its 60 percent shareholding in Darbrew Ltd, a loss-making subsidiary, at a loss of Tsh9.92 billion ($3.8 million) as part of the company’s plan to cut costs and improve cash flow, Zawya reported on July 24.

Despite this, the company declared a dividend payout of Tsh537 ($0.2) per share, amounting to Tsh158.44 billion ($60.75 million) in the year ended December 31, 2024.

It had not given dividend in the previous year.

The brewer, listed on the Dar es Salaam Stock Exchange (DSE), said in its 2024 annual report that the sale of the subsidiary to the minority shareholders —Dar es Salaam City Council (DCC)—was completed in May 2024.

Audited financial statements show that at the time of the transaction, Darbrew had a net liability of Tsh29.416 billion ($11.279 million), compared with a consideration of Tsh3 million ($1,150) that resulted in a gross loss, upon disposal, of Tsh29.413 billion ($11.278 million).

The gross loss was then adjusted in relation to the subsidiary’s provision utilised estimated at Tsh19.48 billion ($7.47 million), resulting in a net loss of Tsh9.92 billion ($3.8 million).

TBL announced its intent to exit Darbrew Ltd in 2019 and initiated an engagement with the co-shareholder, DCC.

TBL is a member ...More info on site


Brewery news South Africa: Beer industry calls for a policy change
South Africa’s beer industry is more than just a source of refreshment - it’s an economic powerhouse woven into the cultural and economic fabric of our country, BizCommunity reported on July 23.

In 2023 alone, it contributed R96.4bn to GDP, generated R56.5bn in tax revenue, and supported over 210,000 jobs, according to Oxford Economics’ “Beer’s Global Economic Footprint” study.

Beer Association of South Africa’s (BASA) mandate is to protect and promote this industry and the livelihoods it sustains. But the association says it cannot do so without fair and forward-looking regulation - particularly when it comes to excise tax policy, which has reached an unsustainable tipping point.

Despite its contributions, the beer industry is under increasing strain.

In the 2025/26 National Budget, excise tax on alcohol was raised by 6.75%, continuing a pattern of above-inflation hikes.

While large players may be able to absorb some of the blow, many small and craft brewers cannot - resulting in closures, job losses, and declining sector diversity.

Currently, excise and VAT together account for up to 40% of the price of a 340ml beer - exceeding the average brewer’s operating costs.

For township taverns and community brewers - often micro-entrepreneurs - this is unsustainable. These are not just businesses, they ...More info on site


Brewery news USA: Boston Beer’s Q2 earnings significantly exceed analyst expectations
Boston Beer Company Inc reported second-quarter earnings that significantly exceeded analyst expectations, driving shares up 8% despite a challenging industry environment marked by declining beer consumption, Investing.com reported on July 25.

The maker of Samuel Adams beer and Truly Hard Seltzer posted adjusted earnings of $5.45 per share for the second quarter, surpassing the analyst estimate of $3.92 by $1.53. Revenue came in at $587.9 million, slightly below the consensus estimate of $588.75 million but representing a 1.5% increase YoY. The company’s gross margin expanded to 49.8%, up 380 basis points from the same period last year.

"Despite a weaker volume environment, we have raised our gross margin guidance as we continue to see positive impacts from our multi-year margin enhancement initiatives," said Chairman and Founder Jim Koch in a statement.

The earnings beat came despite a 5% decrease in depletions and a 0.8% decrease in shipments during the quarter. The company attributed the volume decline to economic uncertainty affecting consumer behavior and poor weather during key selling weeks.

"We are encouraged by our strong gross margin and earnings performance in the first half of 2025 and the positive consumer response to our Sun Cruiser innovation," said President and CEO Michael Spillane.

Boston Beer updated ...More info on site


Brewery news UK: UK bars become largest source of on-trade value for premium and above beer
Recent data from IWSR, a leading authority on global beverage alcohol trends, shows that UK bars have become the largest source of on-trade value for premium and above beer in 2024. The findings come from IWSR’s new On-Trade Value data, which tracks price-to-consumer value in the on-trade channel across the top 20 global markets, Vinetur reported on July 24.

The report highlights that while the United States remains the most valuable on-trade market overall for premium and above beer, UK bars stand out when analyzing value by venue type. This means that, within the bar segment specifically, UK establishments generated more revenue from premium and higher-priced beers than any other country last year.

Industry experts point to several factors behind this trend. The UK has a strong pub and bar culture, with consumers showing a growing preference for premium products. Many British drinkers are willing to pay more for quality and unique beer experiences, especially in urban centers like London, Manchester, and Edinburgh. The rise of craft breweries and imported specialty beers has also contributed to higher average prices per pour.

In contrast, the US market’s overall value is driven by its size and diversity of venues, including restaurants, hotels, and entertainment spaces. ...More info on site


Brewery news Australia: Government freezes biannual tax hike on beer
Australia’s government introduced new legislation to freeze the biannual tax hike on beer in parliament on July 24, but brewers warn the savings may not be passed onto consumers, 9News reported.

Under the current decades-old system, an indexation is applied to the beer excise in February and August each year in line with inflation.

But the continued increases have brought up the prices of a schooner or pint to about A$15, prompting calls from brewers, bars and patrons to put a pause to the controversial indexation.

Prime Minister Anthony Albanese campaigned for this year's federal election on the promise to freeze the indexation on the excise for two years starting from August.

He also said he would increase the excise remission cap to A$400,000 for manufacturers and increase the wine equalisation tax producer rebate cap to A$400,000 from July 1 next year.

At the time, he said this was a "common sense measure" that was a win for drinkers, pubs and brewers.

Treasurer Jim Chalmers touted the freeze as a "modest change" that would take the pressure off the industry and Australians.

The changes come as Australia's monthly spend on wine and beer jumped this year compared to 2024, according to June data by CanstarBlue.

The ...More info on site


Brewery news UK: Estrella Damm 0.0% beer launches in the UK
Damm, the renowned Spanish brewery, has launched of Estrella Damm 0.0%, a premium non-alcoholic beer that aims to capture the essence of Mediterranean flavour while catering to the increasing consumer demand for alcohol-free options in the UK market, FoodBev Media reported on July 24..

This product rollout follows a successful trial period and is set to be available across various on-trade hospitality venues and off-trade retailers. Estrella Damm 0.0% is positioned as a direct response to the evolving preferences of consumers seeking refreshing alternatives to traditional alcoholic beverages.

The brewery has leveraged its extensive experience in producing non-alcoholic beers since 2003 to develop a product that maintains the signature taste of its iconic Estrella Damm lager, now without the alcohol content.

To achieve this, Damm employs a sophisticated brewing technique that begins with natural fermentation using a special yeast. Following fermentation, the alcohol is removed through advanced vacuum distillation, a method designed to retain the aromatic components often lost in conventional non-alcoholic beer production.

The new offering will be available on draught in select venues, including Youngs pubs in London, and in 4x440ml can packs at Sainsbury’s, with plans to expand distribution to other major grocery outlets and supermarkets.

Luke White, UK managing ...More info on site


Brewery news Jamaica: Heineken-owned Red Stripe counts on flavoured beers amid tepid market growth
With Jamaica’s alcohol market expanding at just 1.5 per cent to 2 per cent annually — marginally above national GDP — Heineken-owned Red Stripe has launched a mango-flavoured beer, its fourth flavoured variant, to capture younger drinkers and women, Jamaica Observer reported on July 25.

Sean Wallace, head of commerce at Red Stripe Jamaica, told the Jamaica Observer the strategy addresses demographic gaps in its core lager’s appeal. “Globally, certain product categories tend to rate better with certain age groups or genders,” he said. “In general, women like less bitter drinks and those that are less filling.”

This focus on inclusivity now underpins Red Stripe’s flavoured beer range, which after 11 years constitutes roughly 15 per cent of its total volume. Wallace acknowledged the flagship lager historically underperformed with adults under 34 and female consumers, stating: “Red Stripe flavours attract a slightly different consumer from the ‘original’. When we do research, people consume it with a different intent — for chill moments.”

This segmentation extends to consumption occasions, Wallace explained. “When consumers drink the original Red Stripe, it’s about genuine connection with friends. With flavours, they’re choosing them specifically for a ‘chill moment’.” He characterised the flavoured range as “Red Stripe’s chill, cool, ...More info on site


Brewery news The Netherlands: Heineken beer to return to Jumbo supermarkets
Heineken beer will be sold again in Jumbo supermarkets. Both parties reached an agreement about the procurement after challenging price negotiations, a spokesperson for Jumbo confirmed after a report from the industry publication Distrifood. The deadlock between the beer brewer and the supermarket chain even led to a preliminary injunction.

Heineken also sells beers from the brands Amstel, Desperados, and Birra Moretti, as well as the beer with the same name. “Customers will be able to choose from the entire Heineken assortment at Jumbo within a few weeks,” the Jumbo spokesperson said.

Jumbo had previously decided to stop selling Heineken beers after the price negotiations had reached a standstill, with the Heineken shelves remaining empty as a result.

Heineken initiated a preliminary injunction against Jumbo, but the judge ruled in May that the supermarket chain could not be obligated to put the beers back on the shelves. The court noted that although Jumbo’s termination of a six-decade-long supply relationship was abrupt, it had the right to do so after formally ending that ongoing agreement.

This was not Jumbo’s first pricing showdown; the retailer has engaged in similar high-profile conflicts with brands like Coca‑Cola, Red Bull, and Douwe Egberts when negotiations broke down.



BarleyBarley News Barley


Barley newsWorld: Barley supply situation becoming increasingly more comfortable
The world’s barley supply situation is becoming increasingly more comfortable, and RMI Analytics’ global crop’25 forecast is up by 0.8 mln tonnes to 145 ...More info on site


Barley newsEU: Barley crop forecast up 1.2 mln tonnes supported by record crop in Spain
French barley harvest is mostly over with good winter barley yields and quality, plus an average spring barley result but with some quality variability. ...More info on site


Copyright © E-Malt s.a. 2025