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RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 18b
April 30 - May 03, 2020


Quote of the Week

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Currency Rates


Base Currency: US Dollar
on May 01, 2020
Base Currency: Canadian Dollar
on May 01, 2020
      1 USD = 0.9175 EUR
1 USD = 0.7986 GBP
1 USD = 1.3898 CAD
1 USD = 1.5307 AUD
1 USD = 106.8000 JPY
1 USD = 5.3889 BRL
1 USD = 73.5566 RUB
1 USD = 7.0648 CNY
      1 CAD = 0.7194 USD
1 CAD = 0.5745 GBP
1 CAD = 0.6601 EUR
1 CAD = 1.1012 AUD
1 CAD = 76.8300 JPY
1 CAD = 3.8768 BRL
1 CAD = 52.9165 RUB
1 CAD = 5.0824 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news World: Molson Coors’ Q1 net sales fall by 8.7% ...Click here
Brewery news USA, WA: Washington’s 420 brewers hanging in there, but not by much ...Click here
Brewery news Mexico: Femsa warns Mexican stores are quickly running out of beer amid breweries shutdown ...Click here
Brewery news USA, TX: Hold Out Brewing to open in Austin on May 7 ...Click here
Brewery news USA, VA: New Kent Winery preparing to open Talleysville Brewing Co. ...Click here
Brewery news USA, NV: Joseph James Brewing Co. decides to cease operations indefinitely ...Click here
World News
Brewery news World: Carlsberg reports lower Q1 revenue, warns beer consumption will drop more in Q2 ...Click here
Brewery news China: Tsingtao brewery sees Q1 net profit drop by 33.5% ...Click here
Brewery news Belgium: Survey finds out alcohol consumption under lockdown remains mostly stable ...Click here
Brewery news Vietnam: Sabeco’s post-tax Q1 profit the lowest since 2013 ...Click here
Hops news Australia: Hop Products Australia reports 5.5% rise of hop crop this year ...Click here
Brewery news UK: UK supermarket Tesco gives beer range a significant makeover ...Click here
Brewery news Thailand: Government extends ban on alcohol sales until further notice ...Click here
Graph of the Week


Table of the Week

Africa Barley Imports, Production, Consumption, and Stocks


Table of the week.

Prices Evolution

Prices evolution

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Theoretical Malt Prices



Scientific Digest


ANTIVIRAL ACTIVITY OF HOP CONSTITUENTS AGAINST A SERIES OF DNA AND RNA VIRUSES

ABSTRACT
Already in 2004, a US Research Team found a number of viruses that can be influenced and suppressed by hop components. They investigated whether hop extracts and purified hop components have antiviral activity. These hop constituents were tested for antiviral activity against bovine viral diarrhea virus (BVDV) as a surrogate model of hepatitis C virus (HCV), human immunodeficiency virus (HIV), influenza A virus (FLU-A), influenza B virus (FLU-B), rhinovirus (Rhino), respiratory syncytial virus (RSV), yellow fever virus (YFV), cytomegalovirus (CMV), hepatitis B virus (HBV), and herpes simplex virus type 1 (HSV-1) and type 2 (HSV2). The extracts all failed to prevent the replication of HIV, FLU-A, FLU-B, RSV and YFV. However, a xanthohumol-enriched hop extract displayed weak to moderate antiviral activity against BVDV with IC(50) (required amount for suppression below 50%) values in the low microg/ml range. Pure iso-alpha-acids demonstrated low to moderate antiviral activity against both BVDV and CMV, also with low IC(50) values. No antiviral activity was detected using beta-acids or a hop oil extract. Xanthohumol as an individual component accounted for the antiviral activity observed against BVDV, HSV-1 and HSV-2. xanthohumol was found to be a more potent antiviral agent against these viruses than the isomer iso-xanthohumol. For Rhino, the opposite trend was observed, with iso-xanthohumol showing superior antiviral activity to that observed with xanthohumol. Xanthohumol also showed antiviral activity against CMV, suggesting that it might have a generalized anti-herpesvirus antiviral activity. Again, superior antiviral activity was observed with the xanthohumol isomer against CMV. In summary, iso-alpha-acids and xanthohumol were shown to have a low-to-moderate antiviral activity against several viruses.

REFERENCES:

Buckwold VE, et al: Antiviral activity of hop constituents against a series of DNA and RNA viruses. Antiviral Res. 2004 Jan;61(1):57-62., DOI: 10.1016/s0166-3542(03)00155-4


Source: Barth Innovations

These Days in Business History


30 April
1506 - Philip of Bourgondy and England sign trade agreement
1925 - Automaker Dodge Brothers, Inc is sold to Dillon, Read & Co. for US$146 million plus $50 million for charity
1939 - NBC inaugurates its regularly scheduled television service in New York City, broadcasting President Franklin D. Roosevelt's N.Y. World's Fairopening day ceremonial address
1939 - NBC/RCA 1st public TV demo with Franklin D. Roosevelt at opening of New York World's Fair
1995 - Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users

01 May
1876 - The Amsterdam Stock Exchange Association (Vereniging voor de Effectenhandel) is created by 465 Dutch brokers; from now on, only members of the association are allowed to trade on the exchange
1878 - The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1925 - The All-China Federation of Trade Unions is officially founded. Today it is the largest trade union in the world, with 134 million members
1972 - Economist Milton Friedman rings the opening bell at the Chicago Mercantile Exchange to inaugurate the world's first day of trading in foreign-currency futures

02 May
1896 - The Dow Jones Industrial Average is first published
1913 - William R. Hewlett, co-founder of Hewlett-Packard Co., is born in Ann Arbor, Mich
1985 - Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.
1998 - The European Central Bank is founded in Brussels in order to define and execute the European Union's monetary policy

03 May
1830 - 1st regular steam train passenger service starts
1919 - America's 1st passenger flight (New York - Atlantic City)
1965 - 1st use of satellite TV, Early Bird Satellite


Agenda

June 2020:
09 - 12: Aro Rojo International Beer Cup 2020 (Tampico, Mexico)
21 - 22: Planete Biere 2020 (Paris, France)

July 2020:
01 - 03: Craft Beer China 2020 (Shanghai, China)
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
30 - 01 August: Korea International Beer Expo 2020 (Seoul, South Korea)

August 2020:
01 - 04: World Brewing Congress 2020 (Minneapolis, USA)

September 2020:
02 - 04: Beviale Moscow 2020 (Moscow, Russia)
02 - 04: Modern Brewing Technologies 2020 (Moscow, Russia)
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
03 - 05: Zurich Bier Festival 2020 (Zurich, Switzerland)
03 - 07: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
05 - 05: Copa Cervezas de America 2020 (Award Ceremony) (Mar del Plata, Argentina)
11 - 13: Mondial de la Biere - Paris 2020 (Paris, France)
14 - 25: Craft Brewing in Practice 2020 (Berlin, Germany)
19 - 04 October: Oktoberfest 2020 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium 2020 (Barcelona, Spain)
24 - 26: Great American Beer Festival 2020 (Denver, USA)
24 - 26: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)

October 2020:
02 - 03: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
08 - 11: Mondial de la Biere 2020 (Montreal, Canada)
13 - 16: China Brew & China Beverage (CBB) 2020 (Shanghai, China)
14 - 16: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
23 - 25: Cerveza Mexico Expo 2020 (Mexico City, Mexico)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)

November 2020:
04 - 07: VIETFOOD & BEVERAGE - VIETNAM 2020 (Ho Chi Minh City, Vietnam)
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
13 - 14: Beervana 2020 (Wellington, New Zealand)
18 - 18: Brussels Beer Challenge 2020 (Brussels, Belgium)
25 - 27: Drink Japan 2020 (Tokyo, Japan)

December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)

More events are available on site e-malt.com

News Articles


Brewery news World: Molson Coors’ Q1 net sales fall by 8.7%
Molson Coors Beverage Co. CEO Gavin Hattersley described the beverage manufacturer's first quarter as a period unlike any other in history. Faced with the negative impacts of the Covid-19 pandemic, Molson Coors reported an 8.7% decline in net sales, the Milwaukee Business Journal reported on April 30.

Some of the company's North American sales declines were a result of brewery downtime associated with the Milwaukee workplace shooting in late February, the company reported.

“Despite the early progress, our first quarter results were disproportionately affected by the coronavirus, a pandemic that has changed the world - not just for our business, and our industry, but for the entire global economy," Hattersley said in a press release.

"Like everyone else, the full impact and what our new normal looks like going forward is still uncertain, but coronavirus has had, and will have, a material impact on our business. We will continue to navigate this challenging time by first protecting our employees and mitigating the short-term risks, and second ensuring that we position the business to compete and win in the long-term.”

Molson Coors reported net sales for the first quarter of $2.1 billion, compared with $2.3 billion in the first quarter of fiscal 2019. The company ...More info on site


Brewery news USA, WA: Washington’s 420 brewers hanging in there, but not by much
Just like every other small business in the state of Washington, breweries are struggling to keep the lights on. For those that do not can or bottle their beers, survival will be very difficult the longer their tap rooms stay closed because of the governor’s order, MYNorthwest reported on April 28.

The Washington Brewing Commission’s Eric Radovich said the state’s 420 brewers are hanging in there, but not by much.

“You’re getting 25% of your normal business, if you’re lucky,” Radovich said.

That 75% reduction in sales comes with plenty of job loss pain for brewery workers.

“I’d say about half of our full-time staff and nearly all of our part-time workers at these breweries are out of work,” Radovich said.

The bigger breweries, like Fremont and Georgetown for example, should be able to weather the storm, considering their canning abilities. It’s the small breweries, like those you find in strip malls and business parks, that only have tap rooms that will have a very difficult time.

“If we’re still in this stay-at-home status as we get into the summer months, we could potentially lose half of our breweries,” Radovich said. “That would be a good estimate.”

That’s why most breweries are getting really creative to get ...More info on site


Brewery news Mexico: Femsa warns Mexican stores are quickly running out of beer amid breweries shutdown
Fomento Economico Mexicano SAB, which operates Latin America’s largest chain of convenience stores, said its Oxxo stores in Mexico are quickly running out of beer after the government shuttered breweries as non-essential businesses last month, Bloomberg reported on April 30.

The company, known as Femsa, told analysts in a conference call on April 30 that it was unclear when Mexican breweries run by Anheuser-Bush InBev’s Grupo Modelo and Heineken NV would be able to start operating again.

“If and when we run out of beer, which could happen in the next couple of weeks, that would be negative for sales,” Juan Fonseca, Femsa’s head of investor relations, on a conference call with analysts. “I don’t want people to get off the call and run to the store, but right now we are probably looking at about 10 days of inventory.”

Femsa CEO Eduardo Padilla said that running breweries doesn’t represent a significant health risk and he hoped they would find a way to start operations soon. However, he said beer’s role as a “social lubricant” could be seen getting in the way of the government’s call to stay at home. “I think the government might be afraid if they drink ...More info on site


Brewery news USA, TX: Hold Out Brewing to open in Austin on May 7
Essential all-day restaurant Better Half’s long-anticipated brewery Hold Out Brewing is finally opening — during a pandemic no less. Hold Out will open at 1208 West Fourth Street in Austin starting on Thursday, May 7. Though it wasn’t part of the original plan, beer and food will be served to-go for now due to the COVID-19 pandemic, Eater Austin reported on April 28.

Of the beers, head brewer Brent Sapstead said to expect a lot of hop-forward pale ales and fun fruited beers, like a fruited hazy IPA called P.R.E.A.M. Many beers are lower-ABV because, as he explained: “Our goal is to make beers that people can sit outside in the Texas heat [and] drink a few without getting completely bowled over.” Previously, he was head brewer and production manager at Real Ale Brewing.

Since Hold Out will serve only to-go beer, Sapstead expanded the lineup to include more adventurous beers to entice customers. “What sells in the to-go environment is different than what sells in a sit-down-on-the-patio-and-drink-a-bunch-of-beers environment,” he explained. Alongside the core beers, they want to “take advantage of the opportunity to play around, and have some fun and make some exciting beers to get people out of their house.”

The ...More info on site


Brewery news USA, VA: New Kent Winery preparing to open Talleysville Brewing Co.
New Kent Winery is preparing to open Talleysville Brewing Co., a beer-making operation within the winery’s facility at 8400 Old Church Road and the first brewery in New Kent County, RichmondBizSense reported on April 28.

“With so many wineries in New Kent and it being a small town, we’ve been watching and waiting to see when a farm brewery would pop up,” said Lindsay Dombroski, New Kent Winery’s marketing manager. “About a year ago is when we started to think, ‘Well maybe we can do it.’”

The brewing equipment is being brought into the winery’s existing facilities that sit on over 150 acres. Dombroski said the addition of Talleysville Brewing is part of an overall $715,000 expansion by New Kent Winery. Part of the expansion included creating about 10 new jobs and adding equipment for canned wine, which it began selling this month.

“We’re doing everything we can. The restrictions (related to the coronavirus pandemic) make things more challenging. But with the new canned wines that came out a week or so ago, we’ve seen a great response with that,” Dombroski said.

After hiring a head brewer to oversee Talleysville, Dombroski said they’re planning to begin serving beer in the fall with an IPA, ...More info on site


Brewery news USA, NV: Joseph James Brewing Co. decides to cease operations indefinitely
Joseph James Brewing Co., the Henderson craft brewer, decided to cease operations indefinitely on April 27, Eater Vegas reported.

On Facebook, the craft brewer that makes year-round, seasonal, gluten-free, sour, and barrel-aged craft brewed beers announced that after 12 years, it was temporarily stop manufacturing beer.

“Friends, family and loyal patrons, we have some unfortunate news to deliver today. After much deliberation, we have come to the incredibly difficult decision to cease operations indefinitely. Over the past 12 years we’ve been humbled by all the local support, friendships, laughs and cheers that we wouldn’t trade for the world. It’s been a tremendous experience and we have all of you to thank for that!
 We look forward to sharing a pint and a high five with you as soon as we’re able to come back together. Until then, please continue to support your local breweries offering curbside options and relief efforts during these trying times. Signed, your JJ cast and crew.”

Joseph James Brewing Co. opened in 2008 as one of the few craft breweries in southern Nevada. The brewery’s roster of beers includes seven year-round beers including a brown ale, imperial IPA, hefeweizen, and craft lager, along with seasonal such as Hoperation Ella ...More info on site


Brewery newsWorld: Carlsberg reports lower Q1 revenue, warns beer consumption will drop more in Q2
Carlsberg A/S warned that beer consumption will drop more after reporting its first decline in quarterly sales in two years as lockdowns led to ...More info on site


Brewery newsChina: Tsingtao brewery sees Q1 net profit drop by 33.5%
Tsingtao Brewery Co. reported a 33.5% decline in its first-quarter net profit, as beer sales were severely impacted due to the Covid-19 pandemic, Morningstar.com ...More info on site


Brewery news Belgium: Survey finds out alcohol consumption under lockdown remains mostly stable
A university research survey has found that alcohol consumption in Belgium is remaining mostly stable during the country's coronavirus lockdown, with only one out of four respondents saying they are drinking more while confined at home, Fox25 reported on April 29.

A team of researchers at the University of Louvain said on April 29 that their online survey of more than 10,000 adults this month revealed "the absence of a generalized increase in self-reported alcohol consumption." They described the finding as "counterintuitive."

"Contrary to the widely held idea that alcohol consumption could increase massively during confinement, these results are good news," Pierre Maurage, a psychology professor who led the research, said.

More than 45% of the respondents reported drinking the same amount as they did before Belgium's government imposed the lockdown last month, while 29% said they were drinking less. Among the latter group, alcohol consumption decreased by an average of 10 doses a week, the equivalent of 10 glasses of wine.

The survey results showed the decline in drinking was more frequent among men and people aged 20-40, while more frequent drinking was observed among those with higher levels of education.

In a more expected way, the survey findings showed that the stress and ...More info on site


Brewery newsVietnam: Sabeco’s post-tax Q1 profit the lowest since 2013
Post-tax profit of Vietnam’s largest brewer Sabeco in the first quarter nearly halved year-on-year to less than VND720 billion ($31 million), the lowest since ...More info on site


Hops newsAustralia: Hop Products Australia reports 5.5% rise of hop crop this year
The Australian hop harvest is done and dusted for 2020 and Australia’s largest hop grower has recorded a mixed year with Galaxy up, but ...More info on site


Brewery news UK: UK supermarket Tesco gives beer range a significant makeover
Tesco has given its beer range a significant makover, drafting in a slew of new brews, The Grocer reported on April 29.

The supermarket added some 70 new SKUs this week, with a major focus on its craft range.

New entrants include brews from Northern Monk, The London Beer Factory and Sierra Nevada.

It also marks the UK supermarket debut of cult ‘gypsy’ brewery Evil Twin. A duo of its beers – Wake Up and Smell The Gose (6.5% abv) and More or Less Evil Pale Ale (5%) – have rolled out.

They are being brewed for Evil Twin in the UK by BrewDog. A collaborative Nitro Stout created by the two brands also rolled into Tesco in early March.

A craft beer industry source told The Grocer Tesco was ”keeping to its beer range review as normal. They feel if they postponed it then it would end up being another year before they were able to rejig the category”, and that it was ”betting big” on BrewDog with the update.

The action wasn’t limited to craft beers. St Austell’s newly canned Proper Job IPA gained space, as did Stella Artois’ new alcohol-free lager.

Meanwhile, many Molson Coors SKUs have disappeared from Tesco’s shelves since the ...More info on site


Brewery news Thailand: Government extends ban on alcohol sales until further notice
Drinkers in Thailand desperate for a tall beer or a nightcap after a three-week ban on alcohol sales are out of luck. Authorities in the capital, Bangkok, have announced that the ban, imposed in April to fight the spread of the coronavirus by discouraging irresponsible social gatherings, will be extended until further notice, The New York Times reported on April 30.

The ban was imposed for varying lengths of time in all 76 provinces and is likely to be renewed in all of them. Bars and restaurants were already closed in March, except for takeout and delivery.

Niks Anuman Rajadhon, the owner of two cocktail bars in Bangkok, said his business was greatly affected by the March closures, leaving him little cash flow to take care of his 14 employees.

“When the closure was imposed, we understood and cooperated with the state to control the pandemic. We adapted our business by selling bottled alcohol drinks and drink vouchers that can be used when the bars are reopened,” he said Thursday. “But the ban on selling booze announced April 9 was like the last nail hammered into our coffin, completely sealing off business."

“Now that the ban is extended, I am very stressed,” he said. ...More info on site


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