Belgium: Haacht brewery turns a loss in 2023
The Haacht brewery turned a loss last year, partly due to declining beer sales in bars and restaurants, which resulted in there being no dividend for shareholders, according to parent ... More
11/04/2024

World: Malting barley prices higher as planting in Europe is delayed by weather
Global malting barley prices are generally higher as the progress in planting Europe’s spring barley is delayed by weather, RMI Analytics said in their April report. There was a clearing of ... More
11/04/2024

EU & UK: Malting barley prices reacting to seeding and poorer crop conditions concerns
European malting barley prices are reacting to the concerns about late seeding and poorer crop conditions, with a sharp move higher for spring barley, RMI Analytics reported on April 11. Winter ... More
11/04/2024

North America: Canada barley crop forecast up on beneficial rains across several key regions
Beneficial moisture has arrived across several key North America’s barley regions. Not all barley areas received moisture, but the general situation has improved and, as a result, RMI Analytics’ barley ... More
11/04/2024

USA: Constellation Brands forecasts annual profit above expectations, sees strong demand for its beer brands
Constellation Brands forecast annual profit above Wall Street expectations on April 11, banking on resilient demand for its core beer brands despite sticky inflation, Reuters reported. Demand across the company's beer ... More
11/04/2024

Vietnam: Additional tax can erode Vietnamese beverage makers’ competitive advantages
Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyen Hoang Hai said that paying additional tax will erode Vietnamese beverage makers’ competitive advantages, VietNamNet reported on April 8. A ... More
10/04/2024

Cyprus: Beer deliveries up 10% in March this year
Beer deliveries in Cyprus rose by an annual 10% in March 2024, with the annual rise driven by domestic deliveries, Stockwatch reported on April 9. According to data released by the ... More
10/04/2024

Germany: Homebrewers no longer need to report production to customs or pay tax on their brews
Homebrewers in Germany will no longer need to report their yearly production to customs or pay tax on brews, even if more than 200 litres, The Drinks Business reported on ... More
10/04/2024

UK: Molson Coors to spend £100 mln in improvements across its UK brewing network
Molson Coors plans to spend £100 mln over the next five years in improvements across its UK brewing network, The Grocer reported on April 10. The Carling brewer said it had ... More
10/04/2024

Australia: February barley, sorghum exports plummet
Australia exported 498,382 tonnes of barley and 55,755t of sorghum in February, according to the latest data from the Australian Bureau of Statistics. Feed barley exports at 379,875t fell 38 ... More
10/04/2024