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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 Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 34b
August 22 - August 25, 2019


Quote of the Week

Beer that is not drunk has missed its vocation.
Meyer Breslau

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Currency Rates


Base Currency: US Dollar
on August 23, 2019
Base Currency: Canadian Dollar
on August 23, 2019
      1 USD = 0.9021 EUR
1 USD = 0.8204 GBP
1 USD = 1.3296 CAD
1 USD = 1.4782 AUD
1 USD = 106.4400 JPY
1 USD = 4.0414 BRL
1 USD = 65.6591 RUB
1 USD = 7.0780 CNY
      1 CAD = 0.7520 USD
1 CAD = 0.6169 GBP
1 CAD = 0.6784 EUR
1 CAD = 1.1116 AUD
1 CAD = 80.0400 JPY
1 CAD = 3.0391 BRL
1 CAD = 49.3751 RUB
1 CAD = 5.3226 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA: July marks sixth consecutive month of beer shipments decline ...Click here
Barley news Canada: Barley crop advancing with variable harvest prospects ...Click here
Brewery news USA: AB InBev passes on option to acquire full control of Craft Brew Alliance ...Click here
Barley news USA: Nearly all barley acres in the US are contracted now ...Click here
Brewery news USA, VA: Lonesome Pine Brewing Company to open its doors in Lebanon this weekend ...Click here
Brewery news USA, MA: Bay State Brewing Co. to open another brewhouse in Worcester ...Click here
Brewery news USA, GA: Brewpub Best End Brewing Co. to hold official opening on September 20 ...Click here
Barley news USA, TX: Producers say barley, whiskey industries expanding in Texas ...Click here
Brewery news USA, NY: CB Craft Brewers to close its doors at the end of this month ...Click here
World News
Brewery news Russia: Beer production and sales increase in H1 2019 ...Click here
Hops news Germany: Hop Growers' Association expecting an acceptable average hop crop this year ...Click here
Brewery news Peru: Anheuser-Busch’s ZX Ventures acquires Peruvian craft brewery Barbarian ...Click here
Barley news UK: Farmers rushing to sell barley, wheat crop ahead of potential no-deal Brexit ...Click here
Graph of the Week


Table of the Week

Black Sea Barley Supply and Distribution


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


22 August
1864 - International Red Cross forms
1901 - Cadillac Co forms
1932 - The BBC first experiments with television broadcasting
1980 - Mount Everest climbed by Italian Reinhold Messner, alone

23 August
1891 - Thomas Edison patents motion picture camera
1904 - Automobile tire chain patented
1939 - Molotov-Ribbentrop pact: East Europe divided between Hitler and Stalin

24 August
1853 - 1st potato chips prepared by Chef George Crum (Saratoga Springs, NY)
1869 - Cornelius Swarthout patents waffle iron
1995 - Windows 95 debuts

25 August
1609 - Galileo demonstrates his 1st telescope to Venetian lawmakers
1900 - Friedrich Nietzsche philosopher, dies in Weimar, Germany
1956 - 1st non-stop transcontinental helicopter flight arrived Washington D.C.


Agenda

August 2019:
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)
29 - 13 November: World Beer Cup 2020 (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


Brewery news USA: July marks sixth consecutive month of beer shipments decline
July marked the sixth consecutive month that U.S beer companies shipped fewer barrels of beer than they did in 2018. The Beer Institute (BI), citing unofficial estimates of domestic tax paid shipments from Alcohol and Tobacco Tax and Trade Bureau (TTB), reported that shipments declined 2.5%, to 14.8 million barrels, this July, Brewbound said on August 23.

BI chief economist Michael Uhrich attributed the declines to consumers trading up to higher priced offerings, such as hard seltzers and imports, as well as eschewing beer for wine and spirits.

“Because imports and hard seltzers tend to be more expensive, less volume is sold,” he said in an email to BI members.

Year-to-date, U.S. brewers have shipped more than 97.4 million barrels of beer, down nearly 1.7 million year-over-year. January has been the only month in 2019 in which U.S. beer companies have shipped more beer than they did in 2018.


Barley news Canada: Barley crop advancing with variable harvest prospects
Canada’s barley and other crops are still advancing, however there is some nuisance rains in the forecast projected to cut across the Prairies and cause some harvest delays, CMBTC reported on August 23. Harvest prospects are variable. The southern regions were deprived of normal rains and the northern regions received, in some cases, excessive rains. These, combined with cooler than seasonal temperatures, have pushed back crop development and placed the crop in danger of early frost, which would cause quality issues. These regions require warm dry weather into the end of August to early September. Some crops will need frost free weather into the first half of September. Overall, the crop is developing under more favourable conditions than the start of the crop year. Stats Canada forecasts that the barley crop will be 9.7 million tonnes, while other agencies are forecasting a 10.4 million tonnes, which will easily surpass last year's crop of 8.4 million tonnes. In general the trade is more comfortable with a larger crop number. General harvesting is still 1-3 weeks away depending on the area. The southern Prairies having slowly commenced harvesting. Alberta The southern region is the only one that has commenced harvest and general ...More info on site


Brewery news USA: AB InBev passes on option to acquire full control of Craft Brew Alliance
Anheuser-Busch InBev has passed on its longstanding option to acquire full control of US craft beer partner Craft Brew Alliance.

The global brewer confirmed on August 23 it will not make an offer to buy the shares it does not already own in CBA. An option for AB InBev to buy the shares runs out on August 23, with the group agreeing instead to make a one-off US$20m payment to the craft collective.

AB InBev owns a 31.3% stake in CBA, a craft beer group comprising breweries including Kona Brewing, Redhook Ale Brewery and Widmer Brothers Brewery. In October last year, the group acquired Appalachian Mountain Brewery, Cisco Brewers and Wynwood Brewing Co. AB InBev's option to buy CBA formed part of a 2016 agreement strengthening the relationship between the two companies.

Mika Michaelis, president of AB InBev's US craft beer unit, the Brewers Collective, said: "The long-standing and strong partnership we have with CBA is extremely valuable to Anheuser-Busch. While we are not making an offer to purchase the remaining shares of CBA, our existing commercial partnership with CBA continues to be a key complement to our industry-leading craft portfolio and we look forward to working together for many years to come."

In ...More info on site


Barley news USA: Nearly all barley acres in the US are contracted now
In the mid-1980s, US farmers produced more than 600 million bushels of barley annually, according to the U.S. Department of Agriculture. That number plummeted to just 153 million bushels in the year ending in May, The Ledger reported on August 19.

Most Americans probably don’t think about barley when they crack open a cold one.

But their thirst for beer is about the only reason the once abundant crop hasn’t disappeared.

American farmers have grown barley for centuries, mostly for livestock feed but also for human consumption and for malt in beer. Yet a steep decline in its use for feed drove annual production down by 75 percent from where it was more than three decades ago.

In the mid-1980s, farmers produced more than 600 million bushels — or 28.8 billion pounds — of barley annually, according to the U.S. Department of Agriculture.

That number plummeted to just 153 million bushels — or 7.3 billion pounds — in the most recent year ending in May.

Among the hardest hit areas between 2007 and 2017 were Kansas, Washington and North Dakota, according to the USDA’s Census of Agriculture, which is conducted every five years. Almost all of what is produced now goes toward beer.

“Our No. 1 thing is, ...More info on site


Brewery news USA, VA: Lonesome Pine Brewing Company to open its doors in Lebanon this weekend
A new brewery has plans to open the doors in downtown Lebanon this weekend, WCYB reported on August 23.

The owner of Lonesome Pine Brewing Company, Brenton Moseley, said the business started out as a home brewery in his basement in 2009. Since, he has been working to make his dream come true by opening up to the public.

The brewery will open its doors during a ribbon-cutting on Saturday, August 24. Moseley tells News 5 the placement on Main Street is part of a plan to develop and encourage new business for downtown.

"We have great people here. We have enthusiasm here. We have businesses popping up every week it seems like. I'm hoping I can just be part of that," Moseley said. Moseley grew up in eastern Virginia and said the Main Street in his hometown was crucial to his childhood and the community as a whole. He hopes to bring the same excitement to Lebanon.

Moseley said he did have some community opposition ahead of approval for his business, but he said the work to opening day has been worth it.

Lonesome Pine Brewing Company is located right down from the Russell County Courthouse on Main Street.

The business will open from 1-5 ...More info on site


Brewery news USA, MA: Bay State Brewing Co. to open another brewhouse in Worcester
Bay State Brewing Co., currently brewing out of production breweries in Williamsburg and Leicester, will open a 10-barrel brewhouse and taproom at the Fidelity Bank Worcester Ice Center later this year, the Worcester Business Journal reported on August 20.

The brewery, established in 2012, will open in the space currently occupied by Nonna’s Pizza & Pasta, a Niche Hospitality Group concept on the first and second floors of the building. Construction is expected to begin in October with a two-tier opening process slated soon after, according to a press release from the Worcester Railers Hockey Club, which controls the building.

Shawn Rich, one of two partners at the brewery, said in a phone interview with WBJ the team considers Worcester its home base, as all three men live in Central Massachusetts.

Rich and co-owner Chip Jarry met through playing in a men’s hockey league. Opening the brewery in an ice rink fuses both of their passions together, Rich said.

“It wasn’t really planned this way, but it just kind of came up,” he said.

Worcester's five other breweries are Greater Good Imperial Brewing Co. on Millbrook Street, Wormtown Brewery on Shrewsbury Street, 3Cross Fermentation Cooperative on Knowlton Avenue, Redemption Rock Brewing Co. ...More info on site


Brewery news USA, GA: Brewpub Best End Brewing Co. to hold official opening on September 20
Brewpub Best End Brewing Co. officially opens to the public at 4 p.m. on Friday, September 20, at the Lee + White complex in West End, just off of the Westside Beltline trail in Atlanta. The brewpub is located next door to Cultured South fermented market and taproom, Eater Atlanta reported on August 21.

Best End, owned by brewer Tim Schiavone, chef Cory Burke, and Rob Hayes, features a 20 barrel brewery and a three barrel pilot system brewing ales, pilsners, porters, lagers, IPAs, and sours and a restaurant with a chef’s area serving what’s being described as “Southeast island food”. In other words, surf and turf, vegetables, and snacks such as charcuterie and cheeses.

Beyond beer, the bar at Best End offers cocktails, tiki drinks, and milkshakes and slushies as well as a selection of natural wine on its menu.

The brewpub plans to host two 50-person preview dinners on Friday, September 13 and Saturday, September 14 prior to the grand opening.

Each evening promises a different menu of five dishes served family-style from Burke, along with beers like a German pilsner called Anxiety, brewed with rye and American hops, and the hazy Lack of Focus IPA, blended with American and New Zealand ...More info on site


Barley news USA, TX: Producers say barley, whiskey industries expanding in Texas
More Texas farmers are wading into the whiskey business, but their end users are far removed from the era of moonshine stills and midnight raids by ax-toting lawmen.

The Waco Tribune-Herald reports the burgeoning Texas whiskey industry is doubling down on Lone Star pride by recruiting growers from the High Plains to Hutto, from West Texas to the small Central Texas community of Moody.

An ode to this phenomenon is High Plains Texas Single Malt, a whiskey produced at Balcones Distilling in Waco using Texas-grown barley malted by Blacklands Malt in the Williamson County town of Leander. The finished product had its roots in an experiment involving Balcones, Blacklands and Texas A&M University Agrilife, which was exploring ways to develop a barley industry in Texas.

Now, after more than two years of aging, High Plains Texas Single Malt has arrived. It is priced at $80 a bottle and available exclusively at Balcones, the distillery ensconced at Mary Avenue and South 11th Street that has become a popular tourist stop. It hosts tours, tastings and invitation-only "pairings," multi-course gourmet meals at which whiskies are paired with entrees.

"The two years of aging have been worth the wait," said Jared Himstedt, head distiller at Balcones, who ...More info on site


Brewery news USA, NY: CB Craft Brewers to close its doors at the end of this month
CB Craft Brewers, the second oldest craft brewery in western New York, will close its doors at the end of this month, owner Mike Alcorn confirmed in an interview on August 22.

CB's, formerly known as Custom Brewcrafters, opened in 1997 in Honeoye Falls at a 1,500-square-foot warehouse on Papermill Street. It moved to its 10,000-square-foot location across town in 2008.

"I've just made the decision in the past few days about what we're going to do," Alcorn said via phone. "We're going out with a bang. We're going to have a lot of fun over the next couple weeks. There will be some cheers, but for me and my staff, we're excited to have been on this ride. It has been so cool for us."

Alcorn, 63, said the time is right to retire. He said he's looking forward to moving to the mountains of North Carolina with his wife, Luanne.

The brewery plans to celebrate its 22nd anniversary this weekend and then have a farewell party the following weekend, Alcorn said. The closure impacts about 10 full-time employees and many more part-timers.

When the brewery opened, it was just the third brewery in Monroe County; the only craft option in Monroe County ...More info on site


Brewery newsRussia: Beer production and sales increase in H1 2019
Russia’s production of beer and beer-like drinks amounted to 39 mln hl in the first half of this year, 1% more than over the ...More info on site


Hops newsGermany: Hop Growers' Association expecting an acceptable average hop crop this year
“Despite unfavourable weather conditions during June and July with too low and regional varied rainfall and excessive temperatures the change in weather in August ...More info on site


Brewery news Peru: Anheuser-Busch’s ZX Ventures acquires Peruvian craft brewery Barbarian
Anheuser-Busch InBev’s growth and innovation group, ZX Ventures, has acquired Peruvian craft brewery Barbarian. Financial details were not disclosed, although ZX acquired 100% of the company’s shares, according to La Republica.

The acquisition was announced in Peru on August 13. Barbarian’s founders and collaborators will remain with the company, and ZX plans to triple Barbarian’s production by 2020, according to the outlet.

“We know that Barbarian has an incredible growth potential and that is why we have made the decision to add an important partner, which will take Barbarian to the next level,” co-founder Ignacio Schwalb said. “This partnership opens a new world full of possibilities and will give us the opportunity to look carefully at our processes and search for optimizations in order to strengthen the growth and sustainability of the brewery.”

AB InBev also owns Peruvian brewery Backus, which was obtained as part of the MegaBrew merger with SABMiller in 2015.


Barley news UK: Farmers rushing to sell barley, wheat crop ahead of potential no-deal Brexit
British farmers are rushing to sell their big harvests of wheat and barley before October to avoid the potential market chaos of a no-deal Brexit, the Big News Network reported on August 20.

The UK may reap the most feed barley in four years, and wheat prospects are also improving, according to the Agriculture & Horticulture Development Board. Coupled with the risk that sales to the European Union may plummet if the UK departs without a deal, that's spurring a surge in early-season grain sales.

About 63 000 tons of barley were sold from farmers for spot delivery in the week ended August 8, AHDB data show. That's the largest in records to 2000, and feed wheat sales reached a three-year high.

"We're seeing a lot of spot demand coming in," said Edd Britton, a trader at Bartholomews Agri Foods in Chichester. "Our malting barley program is way ahead of where it usually is."

The UK may look further afield, such as North Africa, to offload its surplus. That's happened before after large harvests, though the markets are more commonly supplied by French and Black Sea grain. The weak pound has made British supply more competitive and prices may fall further after Brexit, according ...More info on site


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