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E-Malt.com Flash 17b
April 23 - April 26, 2026
Quote of the Week
A little bit of beer is divine medicine.
Paracelsus, Greek physician
Currency Rates
Base Currency: Euro
on April 24, 2026 |
Base Currency: US Dollar
on April 24, 2026 |
| |
1 EUR = 1.1695 USD
1 EUR = 0.8671 GBP
1 EUR = 1.5998 CAD
1 EUR = 1.6366 AUD
1 EUR = 186.6360 JPY
1 EUR = 5.8236 BRL
1 EUR = 88.0632 RUB
1 EUR = 7.9847 CNY
|
|
1 USD = 0.8550 EUR
1 USD = 0.7414 GBP
1 USD = 1.3680 CAD
1 USD = 1.3993 AUD
1 USD = 159.5830 JPY
1 USD = 4.9797 BRL
1 USD = 75.3019 RUB
1 USD = 6.8276 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 24, 2026 |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
196.00-198.00 |  |
| 6RW Malting Barley (FOB Creil) |
193.00-195.00 | |
Feed Barley (FOB Creil) |
183.00-185.00 | |
| 2RS Malt (FOB Antwerp) |
533.50-535.50 | |
| 6RW Malt (FOB Antwerp) |
530.00-532.00 | |
French Barley/Malt
Crop 2026
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
230.00-232.00 | |
| 6RW Malting Barley (FOB Creil) |
215.00-217.00 | |
Feed Barley (FOB Creil) |
197.00-199.00 | |
| 2RS Malt (FOB Antwerp) |
572.00-574.00 | |
| 6RW Malt (FOB Antwerp) |
553.50-555.50 | |
German Malting Barley
Crop 2025
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
161.50-163.50 |  0.21% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Heineken volumes fall more than expected in Q1 2026
...Click here
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India: Heineken's India revenue up in low-single-digit in March quarter 2026
...Click here
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USA: Brewers Association releases annual ranking of the 50 largest beer companies in the US
...Click here
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Tunisia: Tunisian brewer SFBT reports robust health in Q1 2026
...Click here
|
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Mexico: Mexico’s alcohol market becoming more concentrated with beer remaining by far the dominant drink
...Click here
|
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China: Beijing Yanjing Brewery posts robust unaudited results for quarter to March 31
...Click here
|
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Brazil: Leading breweries accelerate expansion of alcohol-free, gluten-free, and low-calorie beverages
...Click here
|
World: Malting barley prices stronger across all regions
...Click here
|
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EU: Barley crop forecast for 2026 slightly higher on expected area increase
...Click here
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EU: Total grain production expected to revert to average levels in 2026-27
...Click here
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UK: UK alcohol duty stalls as Treasury intake plateaus
...Click here
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India: India turns scrutiny on AB InBev as antitrust probe shifts course
...Click here
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New Zealand: DB Breweries launches New Zealand-first trial of zero-alcohol beer on tap
...Click here
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India: B9 Beverages’ founder and CEO to step down this week - report
...Click here
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Graph of the week
Table of the week
USA Hops Imports 2021-2025s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 April
1851 - Canada issues its 1st postage stamps
1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula
24 April
1704 - "Boston News-Letter," 1st successful newspaper in U.S., forms
1888 - Eastman Kodak Co. forms
1957 - The BBC first broadcast The Sky at Night presented by Patrick Moore
1981 - IBM-PC computer introduced
1990 - West and East Germany agree to merge currency and economies on July 1st
2004 - The United States lifts economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction
25 April
1905 - World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 - Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities -- the biggest failure of a brokerage yet on record
1955 - Columbia U scientists develope an atomic clock accurate to within one second in 300 years
26 April
1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
Agenda
April 2026:
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
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Brewery News
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World: Heineken volumes fall more than expected in Q1 2026
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Heineken NV beer volumes fell slightly more than expected in the first quarter as demand slumped in crucial markets, including Europe and the Americas.
The
...More info on site
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India: Heineken's India revenue up in low-single-digit in March quarter 2026
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Dutch brewing major Heineken NV, which owns United Breweries Ltd (UBL), on April 23 said revenue of its India business grew by a low-single-digit
...More info on site
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USA: Brewers Association releases annual ranking of the 50 largest beer companies in the US
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The Brewers Association has released its annual ranking of the 50 largest beer companies in the United States, based on 2025 production volume, offering
...More info on site
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Mexico: Mexico’s alcohol market becoming more concentrated with beer remaining by far the dominant drink
|
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In Mexico, people are drinking less often, but the alcohol market is still moving in a different direction: it is becoming more concentrated, more
...More info on site
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Tunisia: Tunisian brewer SFBT reports robust health in Q1 2026
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Tunisian beverage giant SFBT reported robust health in the first quarter of 2026, with net revenue (excluding taxes) reaching 126.3 million dinars as of
...More info on site
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China: Beijing Yanjing Brewery posts robust unaudited results for quarter to March 31
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Beijing Enterprises Holdings has reported that its indirect subsidiary Beijing Yanjing Brewery posted robust unaudited results for the quarter ended 31 March 2026, underscoring
...More info on site
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Brazil: Leading breweries accelerate expansion of alcohol-free, gluten-free, and low-calorie beverages
|
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Following a decline in beer consumption in Brazil in 2025, leading brands have accelerated the expansion of portfolios of alcohol-free, gluten-free, and low-calorie beverages
...More info on site
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UK: UK alcohol duty stalls as Treasury intake plateaus
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New figures from UK’s HMRC show a steady but unremarkable stream of alcohol duty receipts, with little evidence that recent reforms have strengthened the public purse. Meanwhile, industry voices have argued that rising rates may be dampening demand, The Drinks Business reported on April 23.
Wine and spirits remain the principal contributors to alcohol duty income, though their performance appears to have softened in the latest financial year. The data arrives as the Government prepares to review its reworked duty regime.
According to HM Revenue and Customs, alcohol duty receipts have risen from £7.9 billion in 2006 to 2007 to £12.4 billion in 2025 to 2026. Over the same period, receipts as a share of GDP have edged down from 0.5% to 0.4%, as per the latest dataset published on 23 April.
The figures suggest a long view of gradual expansion in nominal terms, though without keeping pace proportionally with the wider economy. Receipts climbed to £12.1 billion in 2020 to 2021 from £11.8 billion the previous year, driven largely by stronger returns from spirits and wine.
That upward movement proved temporary, with receipts falling from £13.1 billion in 2021 to 2022 to £12.4 billion in 2022 to 2023, a shift HMRC attributes to
...More info on site
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India: India turns scrutiny on AB InBev as antitrust probe shifts course
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Anheuser-Busch InBev has been drawn into the centre of an antitrust investigation in India after years of cooperation as a witness. According to documents reviewed by Reuters, India’s Competition Commission of India reclassified the brewer in November 2025 as a “party under investigation”, a move that has triggered a legal challenge, The Drinks Business reported on April 22.
The company has argued in court filings that this shift occurred without prior notice, hearing or formal reasoning, describing the step as contrary to procedural fairness. In a hearing on 16 April, a court in Karnataka agreed to pause the investigation into AB InBev, according to two sources cited by Reuters, with one stating that the judge saw merit in the brewer’s objections.
At the heart of the case lies an inquiry launched in 2022 into 42 alcohol retailers in Telangana, India’s largest beer-consuming state. The regulator is examining allegations that these retailers coordinated to favour AB InBev brands while excluding rivals such as Heineken, United Breweries and Carlsberg.
Court papers reveal that the CCI found merit in claims that certain retailers entered arrangements to stock and promote AB InBev beers, supported by incentives tied to exclusivity. As per the same filings, the complainant’s identity
...More info on site
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New Zealand: DB Breweries launches New Zealand-first trial of zero-alcohol beer on tap
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DB Breweries has launched a New Zealand-first trial of zero-alcohol beer on tap, with Heineken 0.0 now available on draught at two Auckland venues, Empire Tavern and Moretons, the Beer & Brewer reported on April 23.
The pilot will test new ways of serving zero-alcohol beer on tap in New Zealand conditions and is the first trial of its kind in the local market.
Unlike markets overseas, where draught beer is typically not stored in cool rooms, Kiwis expect their beer to be served icy cold.
Local hospitality systems commonly use chilled rooms and glycol-cooled lines. While this works well for beer containing alcohol, it would cause zero-alcohol beer to freeze.
This has been one of the key barriers preventing zero-alcohol beer from being available on tap in New Zealand.
This trial will test the technical feasibility of serving high quality zero-alcohol beer on tap, with the aim of scaling the solution nationally, if successful.
DB Breweries Managing Director, Peter Hart, says the trial could mark a significant turning point for zero-alcohol beer in New Zealand.
“We believe that if this trial is successful, it could open the door to a new era for zero-alcohol beer in New Zealand – one where choosing not to drink alcohol
...More info on site
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India: B9 Beverages’ founder and CEO to step down this week - report
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B9 Beverages, the maker of Bira 91, is set for a leadership change with founder and CEO Ankur Jain expected to step down this week, according to a report by Mint on April 23.
The report said a new chief executive is likely to be appointed as investors and lenders move to stabilise the company, which has been facing financial stress and has halted operations since around September 2025.
As part of the proposed revival plan, investors are preparing to infuse around ₹400 crore at a reduced valuation, with an option to add another ₹100 crore, according to people cited in the report. The funds are expected to be used to clear liabilities and restart the business.
The company has been dealing with mounting financial challenges, including salary delays running into several crores and increasing pressure from vendors. The situation has also led to creditor action, with some lenders initiating proceedings before the National Company Law Tribunal, the report noted.
B9 Beverages, founded in 2015, had emerged as a prominent venture-backed consumer brand with backing from investors such as Peak XV Partners, Sofina and Kirin Holdings. The company was last valued at about $625 million following a funding round in early 2024.
Financial data cited
...More info on site
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Barley News
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World: Malting barley prices stronger across all regions
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Across all regions, malting barley prices are stronger, with crop’25 malting barley leading the way in Canada, Australia, and Argentina, with French prices up
...More info on site
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EU: Barley crop forecast for 2026 slightly higher on expected area increase
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Clearer weather across much of Europe is supporting the progress of spring barley seeding. Total planted area for barley may be slightly larger due
...More info on site
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EU: Total grain production expected to revert to average levels in 2026-27
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While overall European Union grain production for 2026-27 is expected to take a step back after an exceptional harvest the previous marketing year, crop
...More info on site
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 Hops News
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New Zealand: Hop farmers work to brew new markets
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New Zealand’s hop farmers who have wrapped up this season's harvest are flying the flag in the United States, despite is being a complex time for trading with that key market, RNZ reported on April 22.
Thirsty Americans enjoy New Zealand hops in their tap and bottled beers, and the country has been through a craft beer boom in recent years.
But the market once considered a home-run is now much more difficult and expensive for hop exporters to access, due to increased import tariffs, production costs and shipping challenges in the global supply chain.
Hop Revolution grows hops key to beer brewing on 325 hectares across two farms in Tapawera in the Tasman district at the top of the South Island.
The company supplies its hops to local Stoke beers, one of the many ventures of late craft beer legend Terry McCashin, an angel investor in Hop Revolution in its earlier years.
The exports are also now on board ships to the US, into Europe but also into newer markets like Mexico.
Company co-founder and plant scientist, Dr Susan Wheeler said the US remained its dominant market, but import tariffs enforced last year and extra costs forced some diversification.
"The US has remained a major customer
...More info on site
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