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World: Barley outlook is for lower trade despite larger production in 2022/23
The global barley outlook for 2022/23 is for lower trade despite larger production, USDA said in their May report.
Production is forecast to grow to 148.968 mln tonnes from 145.029 mln ...
Published 17/05/2022
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World: Weather concerns having significant impact on barley markets
Weather concerns are becoming front and centre, as it is usual for this time of the year, and given the tight global supply environment they are having a significant impact ...
Published 17/05/2022
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Argentina: Remaining barley surplus for crop 2021/22 estimated close to 1 mln tonnes
Export licences granted for crop 2021/22 in Argentina to-date are for 2.4 mln tonnes of feed, 0.8 mln tonnes of malting barley. The remaining surplus is close to 1 mln ...
Published 17/05/2022
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World: Brewing world will have to cope with smaller malt supplies, analysts believe
Ukrainian malt exports were 75,000 tons in 2020, after three years of larger shipments above 100,000 tonnes. The main destination was Brazil with 25,000 tonnes. It must be feared ...
Published 17/05/2022
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China: Beer industry thriving and may even emerge from the pandemic stronger
Chinas beer industry is thriving and may even emerge from the pandemic stronger, according to new reports revealing its resurgence, The Drinks Business reported on May 17.
Despite decades of slow ...
Published 17/05/2022
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Nigeria: Nigerian Breweries Plc commissions works of its expansion project at Ama Brewery
Nigerias foremost brewing company, Nigerian Breweries Plc, has commissioned civil works of its expansion project at Ama Brewery, Enugu State. The expansion project worth N56 billion (or 112 million euros) ...
Published 17/05/2022
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South Korea: Analysts maintain BUY rating on HiteJinro
KB Securities maintain BUY on HiteJinro but raise their target price by 4.8% (KRW42,000→KRW44,000), as they revise up 2022E/2023E operating profit (OP) by 7.6%/8.8%, Businesskorea reported on May 16.
The ...
Published 17/05/2022
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Thailand: ThaiBev reports 20% increase in net profit for Q2 to March 2022
The improving Covid-19 situation in Thailand drove sales growth in all business segments said Thai Beverage (ThaiBev) in a bourse filing on Friday, May 13
Net profit for the second quarter ...
Published 17/05/2022
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USA: Trappist monks of St Josephs Abbey in Spencer decide to stop brewing
The Trappist monks of St Josephs Abbey in Spencer, USA, have decided after more than a year of consultation and reflection that brewing is not a viable business, The Brussels ...
Published 17/05/2022
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Canada: Barley acreage seen 5% down this year RMI Analytics
Much needed moisture relief arrived during the first two weeks of May in Alberta. Some of the moisture last week even arrived in the form of snow, which is welcomed ...
Published 17/05/2022
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