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CASTLE MALTING NEWS in partnership with
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UK: Malting barley premiums remain under pressure in the UK
The premium of malting barley over the feed barley price in the UK remains under pressure. Corn Returns data in the month of December (the latest available premium price), shows ...
Published 27/02/2025
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USA: US Budweiser, Michelob prices safe from tariff impact for now
Tariffs on aluminium should not have a major impact on the U.S. prices of beers like Budweiser and Michelob Ultra in 2025, but could at a later date, Anheuser-Busch InBev ...
Published 27/02/2025
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USA: Constellation Brands downgraded to "Equal-weight" amid concerns over long-term beer volume growth
Morgan Stanley downgraded Constellation Brands (NYSE:STZ) to "Equal-weight" amid concerns over long-term beer volume growth due to shifting consumer trends and also on macroeconomic pressures, Yahoo Finance reported on February ...
Published 27/02/2025
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USA, MO: WellBeing Brewing Co. acquired by MNG 2005 Inc.
CBD Kratoms parent company has acquired WellBeing Brewing Co., a Maryland Heights-based craft brewery known for its non-alcoholic beer, St. Louis Post-Dispatch reported on February 26.
Under MNG 2005 Inc., WellBeing ...
Published 27/02/2025
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New Zealand: Volume of beer available for consumption up 5.4% in 2024
Stats NZ said the total volume of beer available for consumption in New Zealand increased 5.4% to 296 million litres last year, NZ Herald reported on February 25.
That followed a ...
Published 26/02/2025
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World: AB InBev posts better-than-expected Q4 2024 sales despite annual decline in volumes
The worlds largest brewer AB InBev on February 26 posted better-than-expected fourth-quarter sales despite an annual decline in volumes.
The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported ...
Published 26/02/2025
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China: Budweiser APAC names new chief in efforts to navigate weak Chinese market
Shares of Budweiser Brewing Co APAC rallied the most in more than four years in Hong Kong after the brewer named a new chief executive in efforts to navigate a ...
Published 26/02/2025
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South Korea: Johnny Walker Black Ruby to become available in South Korea
Johnny Walker announced on February 26 that it will launch Johnny Walker Black Ruby, which has a lively fruit scent and soft flavor, in South Korea, Maeil Business Newspaper reported.
Johnny ...
Published 26/02/2025
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China: Demand for beer in China is on the rise, report says
The demand for beer in China is on the rise, leading to a forecasted upward consumption trend over the next decade. By 2035, the market is expected to see a ...
Published 26/02/2025
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Chile: Compania Cervecerias Unidas reports fourth-quarter profit at $76.9 mln
Compania Cervecerias Unidas (CCU) on February 26 reported fourth-quarter profit of $76.9 million.
On a per-share basis, the Santiago, Chile-based company said it had net income of 42 cents.
The company posted ...
Published 26/02/2025
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