World: Barley harvest 2023 now complete, crop 2024 forecast at 5 mln tonnes higher
Barley harvest 2023 is now completed with the southern hemisphere result know from a quantity and quality perspective and providing clarity for calendar 2024 usage across the supply chain, RMI ... More
20/03/2024

EU & UK: Malting barley prices continue to reflect slow pace of planting in France
French malting barley prices continue to reflect the slow pace of spring barley planting and less so regarding the poor demand situation, RMI Analytics said in their March report. Spring barley ... More
20/03/2024

UK: Barley exports this season down 27% on the year
UK’s barley exports this season to date (Jul-Jan) have totalled 494.7 Kt, down 27% on the year, and down 39% on the five-year average, AHDB reported on March 19. Much ... More
20/03/2024

South Korea: Craft beer maker Jeju Beer sells management rights after underperforming
While South Korea’s beer consumption is declining amid a growing global interest in health, Jeju Beer, the nation’s No. 1 craft beer maker, has sold its management rights after underperforming, ... More
20/03/2024

Malaysia: Carlsberg optimistic about its chances for top premium beer market in Malaysia
Carlsberg Malaysia is optimistic about its chances to conquer the country’s premium Japanese beer market this year with new partner brand Sapporo, with the latter formally replacing Asahi as the ... More
20/03/2024

Nigeria: International Breweries seeks approval for $379.9 million shareholder loan and debt conversion
The Board of International Breweries Plc will as part of a special resolution at the company’s Extra-ordinary General Meeting (EGM) seek approval of a $379.9 million shareholder loan and debt-to-equity ... More
20/03/2024

World: AB InBev completes repurchase of its shared from Altria
Anheuser-Busch InBev SA/NV announced on March 19 the completion of its repurchase of 3,335,417 Ordinary Shares from Altria (the 'Direct Share Buyback'). The aggregate purchase price for the Direct Share ... More
20/03/2024

UK: Brewery closures jump 82% in 2023
The proportion of UK breweries which entered insolvency in 2023 grew by 82% in 2023, rising from 38 in 2022 to 69 by the end of December, according to audit ... More
20/03/2024

EU & UK: Barley crop forecast increased to 61.2 mln tonnes
COCERAL, in its latest forecast for the 2024 European Union/United Kingdom grain crop, trimmed its projection by 1 million tonnes to 295.5 million. If realized, it would still be 3.1 ... More
20/03/2024

USA, OR: Brujos Brewing launches its brick-and-mortar space in northwest Portland
Brujos Brewing officially opened on March 2 its new brick-and-mortar space in northwest Portland. Not to say there was some unholy spirit involved, but as beer sales have fallen nationwide, ... More
20/03/2024