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E-Malt.com Newsletter 03b
January 17 - January 20, 2019
Quote of the Week
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Jose Ortega y Gasset
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Currency Rates
Base Currency: US Dollar
on January 18, 2019 |
Base Currency: Canadian Dollar
on January 18, 2019 |
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1 USD = 0.8779 EUR
1 USD = 0.7744 GBP
1 USD = 1.3283 CAD
1 USD = 1.3946 AUD
1 USD = 108.9500 JPY
1 USD = 3.7436 BRL
1 USD = 66.3987 RUB
1 USD = 6.7671 CNY
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1 CAD = 0.7528 USD
1 CAD = 0.5829 GBP
1 CAD = 0.6608 EUR
1 CAD = 1.0498 AUD
1 CAD = 82.0200 JPY
1 CAD = 2.8181 BRL
1 CAD = 49.9821 RUB
1 CAD = 5.0940 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, WA: Engine House No. 9 Restaurant and Brewery to move to new brewing facility
...Click here
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USA, ME: Craft brewers contributed $260.4 mln to Maine’s economy in 2017
...Click here
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Canada, ON: Spacecraft Brewery already open in Sudbury
...Click here
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USA, TN: Grind City Brewing Co. hopes to launch in Memphis by June
...Click here
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USA, WA: Engine House No. 9 Restaurant and Brewery to move to new brewing facility
...Click here
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Japan: Beer and quasi-beer shipments hit record low for 14th straight year in Japan
...Click here
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The Czech Republic: Beer industry turns to craft beers to offset drop in consumption
...Click here
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EU: Malting barley rather neglected on European markets
...Click here
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Argentina: Barley harvest basically finished with average good quality
...Click here
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EU: Wheat futures edge higher, barley physical premiums drop in France
...Click here
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Argentina: Barley harvest basically finished with average good quality
...Click here
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UK: Growing whiskey demand to help Scottish malting barley growers
...Click here
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Russia: Mail service trying to keep far north post offices open by selling beer
...Click here
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Graph of the Week
Table of the Week
Germany Hop Production 2014-2018s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
17 January
1792 - The birthday of the dollar sign ($), as it shows up for the first time on a federal document a U.S. Treasury bond issued to George Washington
1891 - Walter Eucken, German economist is born
1917 - US pays Denmark $25 million for Virgin Islands
18 January
1840 - Electro-Magnetic Intelligencer, 1st US electrical journal, appears
1980 - Gold reaches $1,000 an oz
1989 - IBM announces earnings up 10.4% in 1988
19 January
1898 - Edward Crosby Johnson II, future founder of Fidelity Management & Research Co., is born in Milton
1938 - GM began mass production of diesel engines
1992 - IBM announces a nearly $5B loss for 1992
20 January
1781 - 1st edition of Pieter It Hoens "Post of Neder-Rhijn" published
1872 - Californian Stock Exchange Board organized
1995 - Russian ruble drops to 3,947 per dollar (record)
Agenda
February 2019:
08 - 10: Finest Spirits 2019 (Munich, Germany)
08 - 11: HoReCa 2019 (Athens, Greece)
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
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)
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)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
News Articles
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USA: Alcohol consumption drops 0.8% last year
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Americans are drinking less alcohol, Bloomberg reported on January 17.
Total cases of beer, wine and spirits consumed in the U.S. dropped 0.8 percent to nearly 3.35 billion in 2018, the third consecutive year of declining volumes, according to a report from IWSR, which studies the beverage market.
The main culprit is the beer slump, with consumption down 1.5 percent last year as more drinkers gravitated to spirits and wine. It was the 24th straight year that wine gained volume in the U.S. according to IWSR, with prosecco a standout. Mezcal, meanwhile, drove growth in spirits.
“It’s clear that Americans are drinking less overall, which is likely a result of the continued trend toward health and wellness,” Brandy Rand, IWSR’s U.S. president and global chief marketing officer, said in a statement. “We’ve also seen for some time now that consumers aren’t necessarily loyal to just one category.”
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USA, WA: Engine House No. 9 Restaurant and Brewery to move to new brewing facility
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Vermont leads the nation with 11.5 breweries per 100,000 adults who are 21 years old or older. Producers in Vermont make 151.2 pints of beer for each legal drinking age person in the state, according to new data from the Brewers Association.
Vermont was the clear leader for breweries-to-adult ratio. Montana and Maine tied for second with 9.6 breweries per 100,000 legal drinking age individuals. Oregon followed with 8.5 breweries and Colorado ranked fifth with 8.4 breweries per 100,000 adults 21 or older.
Bart Watson, chief economist for the Brewers Association, said craft breweries are a growing industry across the country, and that most people live within a short distance from a brewery, but Vermont’s brewing explosion is beyond compare.
“There are breweries everywhere in the United States — 85 percent of adults 21 or older live within 10 miles of a brewery,” Watson said. “So for a state to have the density of breweries that Vermont has is truly an achievement.”
The data also shows the economic impact craft breweries have on the state and the communities they are located in.
Craft breweries in Vermont are responsible for adding $681 per person of legal drinking age to the state economy. Vermont’s beer industry impact
...More info on site
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USA, ME: Craft brewers contributed $260.4 mln to Maine’s economy in 2017
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Craft breweries in Maine continued to grow in number and in output in 2017 and are likely to do so for the foreseeable future, a new economic impact study found.
Breweries and related activities by their suppliers and employees contributed a total of $260.4 million to the Maine economy in 2017, up from $225 million in 2016, according to a report released Wednesday by the Maine Brewers’ Guild and the University of Maine School of Economics.
That translates into $1.5 million in excise taxes, $168 million in beer sold and 2,560 jobs with a total of $54.8 million in wages. Most of that, roughly 1,910 workers, was direct employment, up from 1,600 in 2016. Another 650 jobs were attributed to the multiplier effect of expenditures by brewery suppliers and employees, the Bangor Daily News reported on January 16.
“Maine continues to see growth in the craft beer industry at a rate that has outpaced the national growth of craft breweries,” Sean Sullivan, executive director of the Maine Brewers’ Guild in South Portland, said. “There were 62 craft breweries in the state in 2015 and more than 135 at the end of 2018. That’s about double in three years.” In 2017 there were 114
...More info on site
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Canada, ON: Spacecraft Brewery already open in Sudbury
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A spot formerly associated with root beer and burgers in Sudbury is now serving up craft beer and meatballs, among other savoury fare, The Sudbury Star reported on January 13.
Spacecraft Brewery, the newest option for local suds, occupies the same building on Notre Dame Avenue that once housed an A&W drive-in.
“We kept a few of those elements in the aesthetics of the building, worked around it to keep it,” said Dan Carnovale, co-owner of Spacecraft with partner Melissa Mehes.
Some of the flooring remains from the A&W era, for instance, and an event space in the brewery/eatery is “the original pavilion that cars would drive under,” he noted.
More recently the building acted as a Greyhound depot, until it relocated in 2016 to the Ontario Northland site on the Kingsway.
Carnovale said he and Mehes had been planning a craft brewery for four years and the site appealed to them for both its layout and legacy.
“We looked at a lot of locations and history is one of the finer points of any address in town,” he said.
The business, which brews its own beer on site, had its grand opening on Jan. 4.
“We were a little unprepared but we knew we had to
...More info on site
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USA, TN: Grind City Brewing Co. hopes to launch in Memphis by June
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Anyone trying to visit what will become Grind City Brewing Co. in Uptown Memphis would be met with horses grazing near a dead end road, but within a few months, that will change, The Commercial Appeal reported on January 17.
By June, that dead end will open up to 83 Waterworks Ave., revealing 4.6 acres of land, a 10,000-square-foot brewery and taproom, a beer garden and stage for outdoor concerts and festivals along with a sweeping view of Downtown Memphis.
The seed that led to Grind City was planted about a decade ago, starting simply as an activity for Hopper Seely, then 13, to do with his father, Bill Seely.
"Growing up, the whole idea wasn't about trying to teach my son to brew beer," Bill Seely said. "It was about having time together, talking about life together."
Still, the lessons stuck.
By Hopper Seely's freshman year of high school, he started taking the lead in the home brewing process. By the time he attended a career day event in his junior year, it was settled: Hopper Seely wanted to brew beer for a living.
After high school, he gave the traditional route a shot first studying entrepreneurial management at Boise State University.
"I was
...More info on site
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USA, WA: Engine House No. 9 Restaurant and Brewery to move to new brewing facility
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Tacoma’s Engine House No. 9 Restaurant and Brewery is on the move. The pub will remain at the current location, in the historic firehouse near the corner of 6th Avenue and Pine Street, but the company is moving the brewery (E9 Brewing Company) to a location in the city’s historic Brewery District, closer to downtown, at 2506 Fawcett Avenue. The new spot is just a couple blocks away from two other breweries: Black Fleet Brewing and the 7 Seas Brewing Tacoma location, The Washington Beer Blog on January 15.
Engine House No. 9 opened in 1993, making it one of the oldest breweries in the state and the oldest brewery in Tacoma. In 2011, the business was taken over by a successful Tacoma restaurant group, X Group, and the E9 Brewing Company’s reputation has skyrocketed since, with the brewery winning many awards and accolades in recent years.
Currently Engine House No. 9 (E9) brews its beer next to the firehouse in a smallish facility, but the new digs will provide 9,000 square feet of much-needed elbow room. This will be the home of the brewing operations as well as a new taproom. The new brewing facility will allow E9 to double
...More info on site
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Japan: Beer and quasi-beer shipments hit record low for 14th straight year in Japan
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Beer and quasi-beer shipments in the nation in 2018 fell 2.5 percent from the previous year, hitting a record low for the 14th straight
...More info on site
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The Czech Republic: Beer industry turns to craft beers to offset drop in consumption
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According to legend, Bohemian hops were so prized King Wenceslas ordered the death penalty for anyone caught exporting cuttings from which plants could be
...More info on site
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EU: Malting barley rather neglected on European markets
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Malting barley of crop 2018 remains rather neglected without any clear demand on the European markets, GrainCom reported on January 18.
Prices are trending
...More info on site
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Argentina: Barley harvest basically finished with average good quality
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In Argentina, the barley harvest is basically finished with very good yields, as forecast, and in average good quality, GrainCom reported in their latest
...More info on site
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EU: Wheat futures edge higher, barley physical premiums drop in France
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European wheat futures edged higher on January 17, in keeping with the trend in Chicago, while the market awaited clearer signs of export demand
...More info on site
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Argentina: Barley harvest basically finished with average good quality
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Australia exported very big shipments of barley between late November and early January as most shippers from Australia and importers in China have been
...More info on site
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UK: Growing whiskey demand to help Scottish malting barley growers
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Scottish cereals growers have been told to count their blessings because they can look forward to the prospect of growing demand for their produce regardless of the final Brexit outcome, The Courier reported on January 12.
Spring barley producers attending an AHDB/SAC agronomy conference in Scone heard SAC senior rural business consultant Julian Bell predict that the opening of 10 new distilleries in 2019 and another 40 by 2021 would see demand for Scottish malting barley increase by 33,000 tonnes by 2023.
Mr Bell said this growth, coupled with an increase in malting capacity at Arbroath, meant the next peak in whisky demand could be better met by Scottish growers.
He also pointed out that while the booming whisky industry is export-focused it is not subject to trade barriers.
“We’ve had strong whisky requirement before but we’ve not been able to capitalise on it because of a limited malting capacity,” he said.
“And no one is going to put tariff barriers between farmers in Perthshire and maltings in Angus.
“They need one another and the end market is growing.”
However, Mr Bell suggested that sourcing the suitable barley could pose a problem because although yields are improving in trials sites they are not being replicated in commercial
...More info on site
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Russia: Mail service trying to keep far north post offices open by selling beer
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Russia's beleaguered mail service plans to keep local post offices open by letting them sell beer, BBC reported on January 16.
Among the first to notice the new goods on sale was a caller to a post office in Murmansk Region, in the far north of the country.
"It looked like Russian Post couldn't sink any lower, but it turns out they could," he complained, taking to the VKontakte social media platform with photos of beer stacked up for sale at the counter.
This left only one cashier position free, which was "already witnessing an involved discussion about bed linen. So now we can expect the local winos to hold things up even more," he lamented about the bottles, priced at up to 135 roubles ($2; £1.60) a piece.
Comments on the VKontakte page also mix exasperation with humour, while some comfort themselves with the thought that at least they "won't get bored in the queue anymore".
Others think it is only a matter of time before the post office starts selling kebabs too. "What about condoms, cigarettes, and a couple of tables in the corner as well?" another user suggests.
The story quickly made its way to the national media, which found out that the
...More info on site
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