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E-Malt.com Newsletter 16b
April 18 - April 21, 2019

Quote of the Week

They always say time changes things, but you actually have to change them yourself.
Andy Warhol

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Currency Rates

Base Currency: US Dollar
on April 19, 2019
Base Currency: Canadian Dollar
on April 19, 2019
      1 USD = 0.8882 EUR
1 USD = 0.7684 GBP
1 USD = 1.3370 CAD
1 USD = 1.3963 AUD
1 USD = 111.9300 JPY
1 USD = 3.9330 BRL
1 USD = 63.9245 RUB
1 USD = 6.7017 CNY
      1 CAD = 0.7478 USD
1 CAD = 0.5746 GBP
1 CAD = 0.6642 EUR
1 CAD = 1.0442 AUD
1 CAD = 83.7000 JPY
1 CAD = 2.9411 BRL
1 CAD = 47.8035 RUB
1 CAD = 5.0116 CNY

Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news Canada: CMBTC expects 5-10% increase in Canada’s barley seeded area this season ...Click here
Brewery news USA, WA: Washington’s craft brewing industry contributed $1.4 billion to state’s economy in 2017 ...Click here
Brewery news USA, KS: Servaes Brewing Company to hold official opening on Saturday, April 20 ...Click here
Brewery news USA, AR: Boston Mountain Brewing working hard to launch in Fayetteville next month ...Click here
Brewery news USA, SD: Covert Artisan Ales brings passion for Belgian beer styles to Sioux Falls ...Click here
Brewery news USA, SC: Plankowner Brewing Co. steps away from opening in Boiling Springs ...Click here
Brewery news USA, IN: Black Dog Brewing Co. eyeing July opening in Mooresville ...Click here
Brewery news USA, NC: NoDa Brewing Company to reopen original location in Charlotte ...Click here
Brewery news USA, FL: Azalea City Brewing expected to open in Palatka by November this year ...Click here
World News
Brewery news Germany: Beer output increases by 2.2% in 2018 ...Click here
Brewery news China: Carlsberg completes construction of Jiangsu brewery ...Click here
Brewery news South Korea: Beer imports up 4.5% in Q1 2019 ...Click here
Barley news France: Barley crop rating falls in week to April 15 ...Click here
Barley news Ukraine: Ukraine grain outlook bolstered by trade disputes ...Click here
Barley news Australia: GrainCorp warns of A$40 mln hit to half-year earnings, sources blame slowdown in China demand for barley ...Click here
Brewery news UK & Ireland: Big brewers betting big on non-alcoholic beer ...Click here
Brewery news Kenya: EABL says no threat to beer supplies from ongoing dry weather ...Click here
Graph of the Week

Table of the Week

Australia Barley Malt Exports

Table of the week.

Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

These Days in Business History

18 April
1921 - Junior Achievement incorporated in Colorado Springs Colo
1948 - International Court of Justice opens at Hague Netherlands
1968 - London Bridge is sold to U.S. oil company to be erected in Arizona

19 April
1662 - Royal Society incorporates
1892 - Charles Duryea claims to have driven the first automobile in the United States, in Springfield, Massachusetts
1940 - 1st electron microscope demonstrated (RCA)
1948 - ABC-TV network begins
1971 - Launch of Salyut 1- the first space station

20 April
1926 - 1st check sent by radio facsimile transmission across Atlantic
1946 - The League of Nations officially dissolves, giving most of its power to the United Nations
1948 - 1st Polaroid camera was sold in US
1964 - BBC Two launches with a power cut because of the fire at Battersea Power Station
1973 - Canadian ANIK A2 becomes 1st commercial satellite in orbit

21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom


April 2019:
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)

May 2019:
07 - 09: International Beer Strategies Conference 2019 (Dublin, Ireland)
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)

June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)

July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)

August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)

September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)

October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)

November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)

December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com

News Articles

Barley news Canada: CMBTC expects 5-10% increase in Canada’s barley seeded area this season
As seeding approaches in Western Canada, industry pundits are busy making forecasts for 2019 crop areas. The industry is projecting barley seeded area to rise given strong prices for feed barley, reasonable values for malting barley and very low overall barley carryout this year. The most recent Agriculture & Agri-Food Canada report, released April 16, forecasts barley area in Canada will increase by 14% in 2019 to 3.0 mln hectares (7.4 million acres), with production projected at 9.7 million tonnes. Most people in the industry, however, expect a more modest increase in area, closer to 5-10%, with production expected to rise to between 9 – 9.5 million tonnes (compared with 8.4 million tonnes in 2018). At the CMBTC, they are expecting a 9% increase in area, with production forecast at 9.3 million tonnes. In 2018, malting barley accounted for 56% of total barley seeded area in Western Canada, or 1.41 million hectares (3.5 million acres), with the balance in general purpose varieties (primarily feed). For 2019, the CMBTC expects both feed and malting barley area to rise, with malting barley area to account for 55% of barley seeded area in Western Canada, or 1.57 million hectares (3.9 million ...More info on site

Brewery news USA, WA: Washington’s craft brewing industry contributed $1.4 billion to state’s economy in 2017
Washington’s craft brewing industry contributed $1.4 billion to the state’s economy in 2017, according to an economic impact report released on April 16 by the Washington Beer Commission, Brewbound reported.

The study, conducted by Seattle-based research firm Community Attributes Inc, found that the state’s 382 breweries produced 582,400 barrels, generated $581.4 million in revenue and employed 6,300 workers in 2017.

However, Washington’s beer volumes — while more than double 2005’s 283,400 barrels — were down from a peak of 632,300 barrels in 2016. The decline was due to Craft Brew Alliance closing the Redhook production facility in Woodinville and transferring production out of state as part of a rationalization of the brewery group’s footprint.

The study noted the ongoing struggles of the Redhook brand, which it said declined at an annual rate of 21 percent between 2007 and 2017, while the state’s other breweries have grown at an annual rate of 16 percent during the same period.

More than half of Washington’s craft beer volumes were concentrated among the state’s eight largest breweries in 2017, according to the study. In fact, one-third of the production came from the state’s four largest craft breweries.

The state’s largest craft brewery, Anheuser-Busch-owned Elysian Brewing, manufactured 66,300 barrels in ...More info on site

Brewery news USA, KS: Servaes Brewing Company to hold official opening on Saturday, April 20
Servaes Brewing Company will soon become the second microbrewery to open in downtown Shawnee in recent weeks, the Shawnee Mission Post reported on April 16.

The microbrewery and taphouse at 10921 Johnson Drive officially opens Saturday, April 20, although the brewery will be ticketed events this week. Transport Brewery just down the street opened two months ago.

Courtney Servaes, owner of the microbrewery who will handle all the craft brewing on site, said that by opening day, she will serve a lineup of eight craft beers, including a coffee-flavored sweet stout, a peach and lactose india pale ale and a New England-style india pale ale with juicy hops, cream ale with tutti frutti jelly beans, carrot cake beer, and a rainbow sorbet sour that drew other brewers’ attention when she first started brewing.

“For whatever reason, people just really seem to like it,” Servaes said of her sour, which is also her wife, Brandi’s favorite. The sour features a variety of citrus flavors mixed with raspberry and vanilla.

Servaes plans to brew 100 different types of beer with a combined total of about 500 barrels by the end of 2019.

“I’m always going to have a huge spectrum of beers,” she said. “If you like ...More info on site

Brewery news USA, AR: Boston Mountain Brewing working hard to launch in Fayetteville next month
Although the number of breweries in Arkansas is on a steady rise, it has been a while since a beermaker set up shop in Fayetteville.

If all goes well, that will change next month, the Fayetteville Flyer reported on April 17.

Local residents Matt Thompson and Sam Grinceri have been working hard to launch Boston Mountain Brewing at 121 W. Township St. in midtown Fayetteville.

Thompson said he and his partner are working through the last vestiges of construction and permitting at this point.

“We’re both chomping at the bit to turn this into a full-time day job,” he said.

They aren’t far from achieving that goal. The 3-barrel brewhouse — obtained from Stout Tanks and Kettles in Portland, Oregon — is in place, and the 35-foot bar top is ready to support the elbows of thirsty patrons.

According to Thompson, most of the brewery installation was done without outside assistance.

“Figuring out how everything fits together has been a huge learning process,” he said. “But I took it as a personal challenge. Building it from scratch, I really know this system well.”

Eight 3-barrel fermenters are currently full of beer. Once open, Boston Mountain will offer a wide variety of styles.

“We’re pretty much all over the ...More info on site

Brewery news USA, SD: Covert Artisan Ales brings passion for Belgian beer styles to Sioux Falls
The owners of Covert Artisan Ales moved to Sioux Falls to be closer to family but brought with them a passion for beer-making and techniques picked up while traveling abroad, the Sioux Falls Argus Leader reported on April 16.

Covert founders Daniel and Stacey Berry are influenced by Belgian-style beers, using brewing techniques that harness the natural environment and emphasize flavor over quick results. They're also influenced by their time serving in the U.S. Army.

“One of the things that the military has taught us is patience,” Daniel Berry said. “We have time.”

Covert opened its western Sioux Falls brewery to the public on April 13, and will open again Saturday, April 20 from 10 a.m. to 4 p.m. for people who want to try its newest styles. The Berrys run their artisan beer business in a small 2,000-square-foot space in a warehouse at 605 S. Watson Ave.

After starting the brewing process in September, Covert Artisan Ales kegged and sold its beer on local taps at Monk’s House of Ale Repute and JJ’s Wine Spirits and Cigars.

Covert will have its own taps available this weekend, with two styles available in 750-milliliter refillable bottles. This month’s releases include Erzen, Covert’s sour red ale, and ...More info on site

Brewery news USA, SC: Plankowner Brewing Co. steps away from opening in Boiling Springs
The new Plankowner Brewing Co. at 109 Sloane Garden Road, Boiling Springs, is literal steps from Interstate 85 exit 75, making it a straight 25-30-minute shot from Greenville and even closer to downtown Spartanburg, the Upstate Business Journal reported on April 18.

Plankowner is hosting its grand opening April 26 from 3 p.m.-midnight with food, live music, and several of their beers that are ready for consumption.

In the former Abbott Farms store, the 6,335-square-foot brewery is the passion project of a former Navy man, Shawn Waggoner, who was commissioned on the USS Cowpens. The name of the ship led him to the Revolutionary War battleground in Spartanburg County and after visiting Cowpens for five years, he decided to move to the area.

The name, Plankowner, refers to an individual who was a member of the crew of a United States Navy ship or United States Coast Guard cutter when that ship was placed in commission. So far, the majority of the brewery’s hires are former military, in keeping with Waggoner’s vision of supporting his fellow veterans.

“It’s very important to put our values out there,” he says. “Our motto is tradition, commitment, and community.

Also a volunteer fire fighter, Waggoner says that outworking of ...More info on site

Brewery news USA, IN: Black Dog Brewing Co. eyeing July opening in Mooresville
Black Dog Brewing Co., a new craft brewery planned for Mooresville, is expected to open in July at 11230 State Road 67. The brewery is taking over a 10,000-square-foot space formerly occupied by H&R General Contractors Inc., the Indianapolis Business Journal reported on April 18.

Black Dog will start off with a 3,500-square-foot brewing operation and a temporary taproom offering a limited food menu. Once that opens, the business plans to work on its permanent taproom, which will occupy 7,000 square feet and should be up and running by early next year.

General partners in the business are the husband-and-wife team of Jeremy and Tiffany Kuntz of Mooresville.

Jeremy Kuntz has 20 years of experience in the beer business. He started as a sales rep for Indianapolis-based Monarch Beverage and has also worked for both the Guinness and Corona brands, with experience in sales, supply-chain operations and brand-building.

Now, the Kuntzes are working to build a business of their own.

“We’re taking that understanding of branding in the beer business and applying that to craft beer,” Jeremy Kuntz said.

That branding, he said, will include touches such as branded beer glasses and custom tap handles, as well as an emphasis on beer education. The establishment also ...More info on site

Brewery news USA, NC: NoDa Brewing Company to reopen original location in Charlotte
NoDa Brewing Company will re-open its original location at 2229 N. Davidson St. in Charlotte next month, the Charlotte Magazine reported on April 18.

The business, which originally opened this spot in October 2011, has since opened a 32,000 square-foot facility on North Tryon Street and a taproom at the Charlotte Douglas International Airport. NoDa Brewing promises a facelift as well as some aged sours, at its "OG Grand (re)Opening" on March 17.

The original location closed in July 2016, due primarily due to limited parking periled by proposed development, as reported by Matt McKenzie at the time. “We batted a ton of ideas around … we could do anything really that we wanted, but every time it came back to parking,” co-owner Suzie Ford told McKenzie. “The space just isn’t there. We really toyed with every single scenario out there on how to make this work. Trust me, the last thing we wanted to do was close down.”

Brewery news USA, FL: Azalea City Brewing expected to open in Palatka by November this year
The City of Palatka is changing its grant programs to encourage people to invest in the city’s downtown through various incentives, WJCT News reported on April 18.

The city sold the Riverfront Square property to Riverfront Development Group LLC.

There have been major investments recently in Palatka from Continental Building Products, Florida Power & Light, Georgia Pacific and others in Putnam County.

Major manufacturers or builders aren’t the only ones investing in Palatka's future, small business owners are also moving in.

One of the smaller entrepreneurs, Andrea Conover, is a partner in a project that has the potential to revitalize an old building and add tourist appeal to Palatka: Azalea City Brewing.

Conover is opening the micro-brewery in Palatka's former Coca-Cola bottling plant. She's an environmental activist who moved from Ponte Vedra to have a house on the river in a small town.

Conover explained on First Coast Connect with Melissa Ross Thursday why she wants to open Azalea City Brewing in Palatka. “I like breweries. I like how they help neighborhoods. And there was a beautiful old Coca-Cola building that's been vacant for a long time and I was able to buy it and Palatka needed a brewery and I said, 'okay, if nobody ...More info on site

Brewery newsGermany: Beer output increases by 2.2% in 2018
German breweries increased their output by 2.2 percent in 2018, an increase of 184 million litres, to 8.7 billion litres not including non-alcoholic beer, ...More info on site

Brewery newsChina: Carlsberg completes construction of Jiangsu brewery
Danish brewer Carlsberg said it has completed construction of a 130 million yuan (US$19.1 million) production and warehouse facility in Jiangsu Province, the Shine ...More info on site

Brewery newsSouth Korea: Beer imports up 4.5% in Q1 2019
Imported beers are expanding their footprint in South Korea as more consumers choose foreign brands over domestic ones due to a mixture of taste ...More info on site

Barley news France: Barley crop rating falls in week to April 15
FranceAgriMer in a weekly report on April 19 rated 77 percent of French winter barley as good/excellent, down from 79 percent a week earlier, while the equivalent spring barley rating fell to 89 percent from 91 percent.

The farm office said 81 percent of French soft wheat crops were in good or excellent condition by April 15, down from 83 percent a week earlier. That compared with 78 percent at the same stage last year.

For maize, 29 percent of the expected area for this year’s harvest had been sown, up from 16 percent a week earlier.

Barley news Ukraine: Ukraine grain outlook bolstered by trade disputes
Argus Media is reporting that the outcome of trade disputes between China and the US and Canada will be a key factor in determining Ukrainian export flows in the near future.

Negotiations between US and Chinese trade officials could draw to a close at the end of this month. Whatever the outcome, the end of the process is likely to dictate the direction of global grain prices and redirect international grain trade flows.

If a trade deal is reached, China will import up to 4.3 million tonnes per year of corn from the US, Chinese trading firm Donlink Grain and Oil's director Renault Quach said. If no deal is agreed, the offtake will be far lower, and this could open opportunities for Ukraine to further increase its market share in China. Ukraine has been the largest single corn supplier to China since 2015, and does have theoretical capacity to export more; its overall exports were around 4.5 million t below production in 2018–19, according to the US Department of Agriculture (USDA).

Trade tensions could also affect the fundamentals for barley. China could import feed barley, which it uses interchangeably with sorghum, from Ukraine should no agreement with the US be reached. China depends ...More info on site

Barley newsAustralia: GrainCorp warns of A$40 mln hit to half-year earnings, sources blame slowdown in China demand for barley
Australia's GrainCorp Ltd said on April 18 it will take a A$40 million ($28.7 million) hit to half-year earnings, blaming international trade tensions and ...More info on site

Brewery news UK & Ireland: Big brewers betting big on non-alcoholic beer
Beer drinking is so ingrained in British (and Irish) life that any mention of choosing non-alcoholic versions of the stuff provokes ire. What is the point of drinking beer without booze in it, the sceptics ask, while others rail against the supposedly bad taste, the Irish Times reported on April 18.

Yet when Anna Brown, a 26-year-old consultant living in London, goes to the pub with colleagues, her drink of choice is a non-alcoholic lager called St Peter’s Without. “I still get to take part in the fun without compromising on things that are important to me,” she said, referring to her desire to avoid hangovers and cut back on calories.

While beer purists may recoil, more people are opting for low- and no-alcohol brews, and Europeans in particular have taken to the stuff.

Alcohol consumption is on the decline in many western countries as people seek healthier lifestyles and all things “wellness” remain firmly in fashion. In the UK, nearly a quarter of 16- to 24-year-olds say they do not drink alcohol, up from 19 per cent in 2005, and the increase is even greater among 25- to 44-year-olds, according to the Office for National Statistics. In the US, alcohol sales by ...More info on site

Brewery news Kenya: EABL says no threat to beer supplies from ongoing dry weather
Kenya’s beer supply is safe for the rest of the year as EABL says it has enough grain stock to sustain production, The Star reported on April 18.

This means, the long drawn drought beer-lovers will still find their favourite brands at their locals throughout the year.

Speaking during a media briefing on April 17, the beer maker said despite the ongoing dry weather, the firm’s production was safe for the next nine months.

“With the delay in long rains, it is expected that some of our crop pockets may be affected in terms of yields, but this will not affect production,” East African Malting Ltd (EAML) general manager Lawrence Maina told The Star.

He said EAML, a subsidiary of EABL, has already set up a team to mitigate effects of the looming drought.

The continued dry weather is likely to affect the planting season for barley, which starts in May in some areas, but the company is confident that with barley planted in various highland areas, supply would not be affected.

Maina said the supply of sorghum would not be affected as it is a hardy crop and is grown in areas that do not receive a lot of rainfall.

“We are very keen ...More info on site

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