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RombBullet Currency rates
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RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
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E-Malt.com Newsletter 33a
August 13 - August 15, 2018

Quote of the Week

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Currency Rates

Base Currency: US Dollar
on August 15, 2018
Base Currency: Canadian Dollar
on August 15, 2018
      1 USD = 0.8785 EUR
1 USD = 0.7840 GBP
1 USD = 1.3092 CAD
1 USD = 1.3780 AUD
1 USD = 110.9800 JPY
1 USD = 3.8781 BRL
1 USD = 66.7535 RUB
1 USD = 6.8822 CNY
      1 CAD = 0.7637 USD
1 CAD = 0.5988 GBP
1 CAD = 0.6710 EUR
1 CAD = 1.0524 AUD
1 CAD = 84.7600 JPY
1 CAD = 2.9618 BRL
1 CAD = 51.0478 RUB
1 CAD = 5.2561 CNY

Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news Canada: Barley prices falling as early harvest weights on values ...Click here
Brewery news USA, IL: Noon Whistle Brewing eyeing second location in Naperville ...Click here
Brewery news Canada, ON: Ontario beer tax to rise this fall ...Click here
Hops news Canada, MB: Prairie Mountain Hops is Manitoba's newest hops producer ...Click here
World News
Brewery news Vietnam: Vietnam’s leading brewers report dismal H1 results despite favourable factors ...Click here
Brewery news Cambodia: Carlsberg increases stake in Cambrew to 75% ...Click here
Barley news World: Barley trade forecast slightly up in this month’s USDA report ...Click here
Brewery news India: United Breweries’ standalone net profit jumps 37.08% in quarter to June 30 ...Click here
Brewery news Ukraine: Ukraine becomes EU’s sixth largest beer supplier in 2017 ...Click here
Barley news UK: Harvest of winter barley 99% complete as of August 10 ...Click here
Brewery news The Czech Republic: Czechs drinking less beer but there are exceptions in some categories ...Click here
Brewery news Australia: More Australians choose mid-strength beers over full-strength options ...Click here
Brewery news The Philippines: San Miguel Food and Beverage to sell up to 20% of its equity to the public ...Click here
Brewery news Kenya: Kenyans starting to appreciate imported beer ...Click here
Brewery news Germany: Hobby brewer gets same tax treatment as largest beer houses ...Click here
Graph of the Week

Table of the Week

The World's Top 40 Brewing Groups as of 31 December 2017

Table of the week.

Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


This topic sounds very up to date and trendy as many craft brewers are looking into the possibility to use hop extracts instead of cones or pellets for dry hopping. In fact hop extracts and hop oils have been used for dry hopping for about 100 years already, and here is a nice article going back to 1983 showing the power and suitability of CO2 extract for dry hopping.


Grimmett, C.: THE STABILITY OF HOP OILS IN LIQUID CARBON DIOXIDE EXTRACTS OF HOPS, Journal of the Institute of Brewing Volume 89, Issue 3, 1983
Read more

Source: Barth Innovations

These Days in Business History

13 August
1623 - Cardinal Richelieu appointed Chief Minister of France by Louis XIII
1907 - 1st taxicab in New York
1961 - Construction on Berlin Wall begins in East Germany (Dark day)

14 August
1885 - Japan's first patent is issued to the inventor of a rust-proof paint
1893 - France issues 1st driving licenses, included required test
1938 - BBC's 1st feature film on TV (Student of Prague)
1967 - Belgian embassy in Kinshasa, Congo, plundered

15 August
1769 - Napoleon Bonaparte was born, resident of Elba (emperor 1804-13, 1814-15)
1911 - Procter & Gamble unveils its Crisco shortening
1914 - Panama Canal opens (under cost)


August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)

September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)

October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)

November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)

More events are available on site e-malt.com

News Articles

Barley news Canada: Barley prices falling as early harvest weights on values
Barley prices in Western Canada are falling as an early harvest is weighing on values, the Western Producer reported on August 11.

“Prices have moderated here,” said Allen Pirness of Market Place Commodities Ltd. Lethbridge, Alta.

The surprise rally from last week ended as quickly as it began. Prices which started last week at about C$250 per tonne were down into the mid-C$240 per tonne range by the end of the week.

Pirness said the short-term rally is over now that harvest is underway earlier than normal.

He said dry conditions will likely play a role in how much crop farmers are able to get.

“It’s less than anticipated, but there’s still a crop. In some areas that we were wondering a month ago if they would have anything, it looks like they’re still going to have something.”

He said U.S. corn is always going to limit how high barley prices can go.

“Barley right now is still neck and neck with corn prices. If we saw more export demand on Canadian barley, well then, I can see a fall back to more U.S. corn being used,” he said.

Cash prices for U.S. corn delivered to southern Alberta are at about C$247 to C$248 per tonne, right in ...More info on site

Brewery news USA, IL: Noon Whistle Brewing eyeing second location in Naperville
Riding the wave of the craft beer craze, a Lombard brewery is outgrowing its space and wants to expand with a second location in Naperville, the Chicago Daily Herald reported on August 11.

Noon Whistle Brewing got an early green light from Naperville's liquor commission, which indicated on August 9 it is willing to lift a two-license cap on the city's Class P permit for breweries.

But before Noon Whistle officially seeks to raise the cap and gain approval from the city council, Mayor and Liquor Commissioner Steve Chirico said the brewery must identify where in Naperville it wants to set up shop.

"At the next level, they're going to say, 'OK, where is it going to go?'" Chirico said.

Noon Whistle co-founder Mike Condon, who created the business with his childhood friends Paul Kreiner and Jim Cagle, said he couldn't specify a location just yet. He said he's working with leasing agents about a couple of spaces, targeting something with about 30,000 square feet and 20-foot-tall ceilings.

The expansion to Naperville comes nearly four years after Noon Whistle opened in late 2014 at 800 E. Roosevelt Road, suite C, in Lombard.

"Every year, we've been doubling our production, and we've just simply outgrown our space," ...More info on site

Brewery news Canada, ON: Ontario beer tax to rise this fall
The cost of beer in Ontario is about to get more expensive this fall despite the province’s promise to offer buck-a-beer to consumers by Labour Day weekend, Globalnews.ca reported on August 14.

According to the Ministry of Finance website, the basic tax rate for beer will rise three cents per litre on Nov. 1.

For craft brewers, the price of draft beer will go from 35.96 to 38.96 cents per litre, while non-draft beer will go from 39.75 to 42.75 cents per litre.

The increase is part of the 2015 Ontario budget brought in by the Liberal government, which called for a three-cent hike on Nov. 1 between 2015 and 2018.

Global News reached out to the ministry’s office for comment but did not hear back by the time of publication.

Many craft brewers who have come out against the “buck-a-beer” plan, which brings down the lowest price that beer can be sold for in Ontario by 25 cents from C$1.25 starting Aug. 27, said they won’t be participating.

Mark Murphy, co-founder of Left Field Brewery in Toronto, said that given the significant equipment investment for a new brewery, rising prices for raw ingredients, operating expenses and paying employees a living wage, selling beer at C$1 ...More info on site

Hops news Canada, MB: Prairie Mountain Hops is Manitoba's newest hops producer
It’s no wonder Lyn Tye enjoys working in a field of aroma hops on her Boissevain-area farm, the Manitoba Co-Operator reported on August 13.

About 2,500 plants grow on 2-1/2 acres here. In late July the tall green plants look like an ocean-floor kelp forest, except that they’re growing rows. They’ll soon emit delicious spicy, fruity scents as the hops mature.

“It’s just a joy to be out here looking after these plants. I love being out here,” says Tye, who planted the field with her husband Randy last year.

There’ll soon be a lot more to love. The Tyes planted another 3-1/2 acres this spring, aiming for about 15 acres when they’re through.

The Tyes are on a quest to become high-quality suppliers of locally grown hops to craft breweries in Manitoba and Western Canada. Right now they’re establishing the fields, and acquiring the infrastructure needed to plant, harvest, process and package the product for their new company Prairie Mountain Hops.

Why hops?

“I came home one day and said, ‘We’re going to be hops farmers,’” jokes Randy.

It didn’t happen like that, of course. They’d already grown hops for some time, tending about 30 hops plants in their backyard for several years learning the ins ...More info on site

Brewery newsVietnam: Vietnam’s leading brewers report dismal H1 results despite favourable factors
Sabeco and Habeco, Vietnam’s two largest brewers, reported dismal results in H1 despite some highly favorable factors, VNExpress International reported on August 10.

Generally, for ...More info on site

Brewery newsCambodia: Carlsberg increases stake in Cambrew to 75%
Carlsberg has increased its stake in Cambodian brewer Cambrew Limited by 25%, meaning the Danish brewer now owns 75% of the company, FoodBev.com reported ...More info on site

Barley newsWorld: Barley trade forecast slightly up in this month’s USDA report
World barley trade is expected to total 28.7 mln tonnes in 2018/19 versus 28.47 mln forecast last month, USDA said in its August report.

World ...More info on site

Brewery newsIndia: United Breweries’ standalone net profit jumps 37.08% in quarter to June 30
United Breweries Ltd (UBL) on August 10 reported a 37.08 percent jump in its standalone net profit to Rs 221.92 crore for the quarter ...More info on site

Brewery newsUkraine: Ukraine becomes EU’s sixth largest beer supplier in 2017
Ukraine was Europe's sixth largest supplier of beer in 2017, having supplied 11 million litres of beer, accounting for 3% of all beer shipments ...More info on site

Barley newsUK: Harvest of winter barley 99% complete as of August 10
UK’s harvest of winter barley is 99% complete – with approximately 14 thousand ha harvested in the last week. As of 07/08 there remained ...More info on site

Brewery newsThe Czech Republic: Czechs drinking less beer but there are exceptions in some categories
Czechs are drinking less beer, with exceptions in some categories. The Czech Republic has been the world's leader in beer consumption for as long ...More info on site

Brewery news Australia: More Australians choose mid-strength beers over full-strength options
More and more Aussie drinkers are choosing mid-strength beers and non-alcoholic beverages over full-strength brews, according to a new study.

Sales of non-alcoholic drinks have risen 57 percent in the past five years, according to the Euromonitor International’s Alcoholic Drinks In Australia report.

Mid-strength beer is also now among one of the fastest growing in popularity, making up 14.1 percent of the total beer market.

Euromonitor predicts brewing of non-alcohol beers will quadruple from the 2003 figure of two million litres to 12 million litres by 2022.

The report also shows the average national amount of alcohol consumed per person has fallen from 157.5 litres to 153 litres in 2017.

The interest in less strong beers and non-alcoholic beverages reflects a trend towards healthier living and better value by consumers between the ages of 18 to 34, Nielson reported last year.

"Millennials look for value but they also rate health factors such as low carb, calories, vitamin-fortified and organic as very important," the report said.

Sixty-two percent of Millennials also avoid certain products over concerns regarding environmental impact. Boomers on the other hand choose based on value and price.

The market has recently shifted to accommodate the trend towards lower- or no-alcohol beverages, with a number of major ...More info on site

Brewery news The Philippines: San Miguel Food and Beverage to sell up to 20% of its equity to the public
Consumer powerhouse San Miguel Food and Beverage Inc. (SMFB) has tapped an army of banks to sell to the public up to 20 percent of its equity in an offering that could raise as much as $2.4 billion, potentially the largest capital-raising in the history of the local stock exchange, Inquirer.net reported on August 11.

In a disclosure to the Philippine Stock Exchange on August 10, SMFB’s parent conglomerate San Miguel Corp. (SMC) said its board had approved the sale of up to 1.2 billion common shares of SMFB through a public offering.

Banking sources told the Inquirer the following banks would likely arrange this massive public offering deal: UBS, Morgan Stanley, JP Morgan, Deutsche Bank, BDO Capital and BPI Capital.

In a text message, SMC president Ramon S. Ang said the offering could involve as much as 20 percent of SMFB’s equity.

Based on Ang’s publicly stated target to achieve a $12-billion market capitalization for SMFB, the equity deal can amount to a maximum of $2.4 billion or around P127 billion.

The public offering of SMFB can thus become the largest equity deal in the PSE.

However, the final valuation will be subject to market conditions at the time of the offering, which is expected ...More info on site

Brewery news Kenya: Kenyans starting to appreciate imported beer
Kenyans' thirst for beer keeps growing and now they have slowly started appreciating the imported brands, the Business Daily reported on August 9.

“Generally, Kenyans are at a point where they are more adventurous and have discovered that there is a lot more than what we call brown beer,” said Maxam, the distributor of German beer, Warsteiner.

Traditionally drunk by mostly men, beer is now becoming a favourite drink for women and young drinkers. With beer consumption expected to grow at an impressive annual growth rate of 10.5 per cent between 2017 and 2021, there are great investment opportunities in sub-Saharan Africa for creative alcoholic drinks.

Germany's Warsteiner and Namibia's Windhoek, which returned to the Kenyan market a few months ago, are leading a host of other labels into tapping Kenya’s young market, offering imported beer at affordable rates.

“At Sh170 a bottle, it is all about making it affordable to win the hearts of people because there is a whole host of choices,” said a Maxam representative on the sidelines of a 'Gentleman's Luxury’ event' held in Westlands, Nairobi on August 9.

Luxuria Lifestyle East Africa, managed by Mike Mwai, showcased a selection of luxury brands including BMW cars, Warsteiner beer, Tom Ford private ...More info on site

Brewery news Germany: Hobby brewer gets same tax treatment as largest beer houses
A recent court ruling in Germany burdening a rogue hobby brewer with the same tax treatment as the nation’s largest beer houses is a case study on why not to mess with two of the most well-known pillars of German society: beer and bureaucracy, Bloomberg BNA reported on August 10.

As the craft-beer movement grips Germany amid falling sales from traditional brewers, it shows that market fads don’t diminish the deep-seated formalities that continue to govern Germany’s beloved beer market, Thomas Busching, a partner with Squire Patton Boggs in Frankfurt, told Bloomberg Tax Aug. 7.

“There’s a huge amount of administrative things that you need to comply with [in Germany] when you start a business,” he said. “It’s the same thing with beer brewers.”

Beer sales in Germany have been sinking year-on-year for decades. In 2017, German brewers sold 935 million litres of beer, a 16.6 percent decrease since 1993, according to Germany’s Federal Statistics Office.

As a result, tax revenue from domestic brews has also nosedived. The Federal Statistics Office estimates that taxable domestic sales have decreased by 26.6 percent since 1993, while tax-exempt beer, such as that produced by hobby brewers, has increased by 135 percent in that same timeframe.

The court’s decision ...More info on site

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