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E-Malt.com Newsletter 19a May 04 - May 06, 2020
Quote of the Week
Beer is good food.
John Goodman
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Currency Rates
Base Currency: US Dollar on May 06, 2020 |
Base Currency: Canadian Dollar on May 06, 2020 |
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1 USD = 0.9201 EUR
1 USD = 0.8030 GBP
1 USD = 1.4047 CAD
1 USD = 1.5513 AUD
1 USD = 106.6000 JPY
1 USD = 5.5507 BRL
1 USD = 74.1139 RUB
1 USD = 7.0615 CNY
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1 CAD = 0.7118 USD
1 CAD = 0.5715 GBP
1 CAD = 0.6549 EUR
1 CAD = 1.1041 AUD
1 CAD = 75.8700 JPY
1 CAD = 3.9507 BRL
1 CAD = 52.7505 RUB
1 CAD = 5.0260 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: On-premise channel shutdown could result in $80 bln losses for beer industry
...Click here
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USA, WA: Wandering Hop Brewery to open second location in Zillah, WA
...Click here
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Mexico: Beer supply shortage drives black market prices through the roof
...Click here
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USA, VA: Champion Ice House Brewery set to open in Gordonsville this fall
...Click here
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Canada, NS: Delta Force Brewing announces release of its first beers
...Click here
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USA: Anheuser-Busch wins latest round of beer wars against Molson
...Click here
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USA, WA: Pyramid Alehouse closes permanently its restaurant and brewery in Seattle
...Click here
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Canada, BC: Kelowna’s Boundary Brewing closes down for good
...Click here
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France: Beer market could shrink by up to 40% this year
...Click here
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Nigeria: Guinness Nigeria reports 5.3% decline in net revenue for the nine months ended March 31
...Click here
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Australia: Australia expected to grow more barley than last year
...Click here
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UK: Beer sales plunge in March in the wake of the coronavirus epidemic and shutdown of pubs and bars
...Click here
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Australia: Coopers Brewery MD has fresh hopes for gradual restart of economy
...Click here
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India: Andhra Pradesh allows manufacture of liquor and beer
...Click here
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Graph of the Week
Table of the Week
China Hops Area and Production 2015-2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WHERE XANTHOHUMOL IS ALSO PROMISING
ABSTRACT
Infections with porcine reproductive and respiratory syndrome virus (PRRSV) have a severe impact on the world
swine industry. However, commercially available vaccines
provide only incomplete protection against this disease.
Thus, novel approaches to control PRRSV infection are
essential for a robust and sustainable swine industry. In this
study, xanthohumol (Xn), a prenylated flavonoid extracted
from hops (Humulus lupulus L), was screened amongst
386 natural products to inhibit PRRSV proliferation and
alleviate oxidative stress induced by PRRSV. A group of Chinese
researchers found that Xn could inhibit different PRRSV
sub-genotype strain infections. In addition, it caused decreased expression of interleukin and tumor necrosis factor, both relevant for communication of infected cells. Animal
challenge experiments showed that Xn effectively alleviated
clinical signs, lung pathology, and inflammatory responses
in lung tissues of pigs induced by highly pathogenic PRRSV
infection. The results demonstrate that Xn is a promising
therapeutic agent to combat PRRSV infections.
REFERENCES:
Liu, X, et al: Therapeutic effect of xanthohumol against highly pathogenic porcine reproductive
and respiratory syndrome viruses. Vet Microbiol. 2019 Nov;238:108431. doi: 10.1016/j.
vetmic.2019.108431. Epub 2019 Sep 26
Source: Barth Innovations
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These Days in Business History
04 May
1626 - Indians sell Manhattan Island for $24 in cloth and buttons
1878 - Phonograph shown for 1st time at Grand Opera House
1959 - The 1st Grammy Awards are held
1979 - The first modern leveraged buyout using high-yield junk bonds -- a $381 million deal to take Houdaille Industries private -- is completed by Kohlberg, Kravis, Roberts & Co
05 May
1715 - French manufacturer debuts 1st folding umbrella (Paris)
1921 - Miniature newspaper published (Brighton Gazette 10 x 13 cm)
1949 - Council of Europe forms
06 May
1851 - San Francisco Chamber of Commerce starts
1889 - Universal Exposition opens in Paris, Eiffel Tower completed
1927 - Academy of Motion Picture Arts and Sciences forms
1997 - The Bank of England is given independence from political control, the most significant change in the bank's 300-year history
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)
21 - 24: Beer 2020 (Sochi, Russia)
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)
News Articles
USA: On-premise channel shutdown could result in $80 bln losses for beer industry
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The near-nationwide shutdown of the on-premise channel will result in a loss of $8 billion for the beer industry if it continues into June, National Beer Wholesalers Association chief economist Lester Jones said during a State of the Industry webinar hosted by the NBWA and the Beer Institute (BI) last week, Brewbound reported.
“We really need to step up our conversations and talk about how the loss here to the industry is significant,” Jones said. “It’s not going to be made up through grocery stores and 30-packs and cases people are stashing in their garages. It will not be compensated by those additional off-premise purchases. And, of course, the longer the shutdown, the greater the loss.”
On-premise sales account for 9% of the industry’s $328 billion annual economic impact, which translates to $3.1 billion per month. If a quarter of the on-premise channel reopens in May and half reopens in June, the beer industry stands to lose $8 billion.
As states begin laying out plans for the reopening of their economies, the beer industry will need to consider the health of geographic markets when deciding how to return to the shuttered on-premise channel, Jones said.
“The new marketing strategies won’t just be income and
...More info on site
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USA, WA: Wandering Hop Brewery to open second location in Zillah, WA
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It’s not all doom and gloom. There is some good news out there in the pandemic-effected beer world. Case in point, Yakima’s Wandering Hop Brewery is growing. The brewery just announced that it is opening a second location in the town of Zillah, Washington, which is about 20 minutes south of Yakima. The exact opening date is to be determined, the Washington Beer Blog reported on May 4.
“We wanted to spread a little cheer and deliver some good news,” says Nathan Cooper, owner/brewer at Wandering Hop Brewery. “We purchased a second location to increase production and have a family-friendly taproom in Zillah, WA. The property we bought was originally Wineglass Cellars winery, which we had all enjoyed in the past. Nothing will change with our original North 20th Ave location in Yakima.”
“We want to thank everyone for the continued support since we opened our first taproom nearly three years ago,” the company said on Facebook. “We’re extremely excited to see the craft beer scene continue to grow in the Yakima Valley and we’re very proud to be a part of it. Over the next few months, we will update you with our progress on the second location, which we are
...More info on site
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Mexico: Beer supply shortage drives black market prices through the roof
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With beer production having been deemed a nonessential activity during the coronavirus pandemic, breweries have been shut down since early April. Now Mexico is running out of beer, the Mexico News Daily reported on May 4.
The short supply has driven prices through the roof on the black market, where a six-pack of cold ones can cost up to 300% more than pre-coronavirus prices.
Smugglers on the northern border are bringing in clandestine shipments of beer from the U.S., where production continues.
In southern Mexico, illegal beer runners in Tabasco, where alcohol sales have been prohibited for the past month, recently saw 85 cases of beer meant for resale seized by authorities. The shipment was destroyed by a bulldozer.
Last weekend at least 25 states across Mexico reported beer shortages both in large supermarket chains and corner stores.
As of May 1, the Oxxo chain of convenience stores had inventory for 10 days.
Some areas of the country are under government-mandated dry laws either banning outright the sale of alcohol or limiting the hours during which it can be purchased, but the shortage has imposed de facto dry laws on other regions simply because supplies do not exist.
And in areas where beer
...More info on site
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USA, VA: Champion Ice House Brewery set to open in Gordonsville this fall
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Summer may be on its way, but people in Gordonsville will actually be seeing ice in the coming months. It will come in the form of a new brewery, WVIR reported on April 30.
The Champion Ice House Brewery is still set to open this fall on North Main Street in Gordonsville.
“The thing about the ice house concept is it is a communal concept where people come together and hang out and just enjoy each other," Co-owner Craig Hartman said.
Stony Point Development Group announced the opening of the brewery, which will be a partnership between the owner of the BBQ Exchange and Charlottesville-based Champion Brewing Company.
“The opportunity to partner with those guys and bring a brewery to Gordonsville has been super exciting," Champion Brewing Company Owner Hunter Smith said.
Alongside the iced drinks, it will feature a certain fried food coated in history.
“Gordonsville was the fried chicken capital of the world as told by Harper’s Bazaar magazine in the mid-1800s,” Hartman said.
Fans of Champion Brewery will see familiar drinks and new brews too.
“We’ve got a light lager in development that I think will be a lot of fun,” Smith said.
When restaurants do reopen, owners will have to grapple with how to maintain
...More info on site
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Canada, NS: Delta Force Brewing announces release of its first beers
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A new and mysterious brewery based in Nova Scotia’s Annapolis Valley has announced the release of its first beers, the Canadian Beer News reported on May 1.
Delta Force Brewing has been founded in the small farming community of Greenwich by two friends – identified only by their initials G and J – who “have been around the industry for many years and learned from many, many different people along the way,” according to a profile on the Atlantic Canada Beer Blog.
The brewery has launched with two flagship brands – Anderlecht (6.0% abv), a Belgian-style farmshed ale, and Meantime (4.8% abv), an English bitter dry hopped with brewery-grown hops – both of which undergo secondary fermentation with strains of Brettanomyces.
Also available is the first in the Operation series of limited edition beers, which kicks off with Operation Stronghold, a West Coast style IPA made with more than a dozen types of hops.
The first trio of beers from Delta Force can be ordered directly from the brewery for $25, which includes delivery in the Halifax Regional Municipality.
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USA: Anheuser-Busch wins latest round of beer wars against Molson
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A federal appeals court on May 1 struck down a lower court's ruling in favor of brewing giant Molson Coors, determining that Anheuser-Busch can advertise and use packaging implying that its rival beers contain corn syrup, KATU reported.
The order from a three-judge panel on the 7th U.S. Court of Appeals overturns a federal judge's ruling from September in Wisconsin. The judge had ordered Anheuser-Busch, which makes Bud Light, to stop making the corn syrup claims about Miller Lite and other Molson Coors products.
“If Molson Coors does not like the sneering tone of Anheuser-Busch’s ads, it can mock Bud Light in return,” the appeals court ruled. “Litigation should not be a substitute for competition in the market.”
Molson Coors sued its rival in March 2019, saying Anheuser-Busch had spent as much as $30 million on a “false and misleading” campaign, including Super Bowl ads that showed Bud Light knights delivering a barrel of corn syrup to a Miller Lite castle. Cardboard packaging on Bud Light six-packs, 12-packs and 24-packs said “No Corn Syrup” in bold letters and invited customers to visit a web site where it lists its ingredients. Bud Light is brewed with water, barley, rice and hops.
Molson Coors uses corn
...More info on site
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USA, WA: Pyramid Alehouse closes permanently its restaurant and brewery in Seattle
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On Thursday, April 30th employees at the Pyramid Alehouse in Seattle were notified that the restaurant and brewery would be closing permanently, the Washington Beer Blog reported.
“Since we opened the Alehouse over 30 years ago, we have had wonderful customers and excellent employees who have been strong ambassadors for Pyramid. On behalf of our brewery, we want to thank them for their support as we shift our full attention to making great beer,” said Bruce Kehe, Brand Director, Pyramid Brewing Co.
According to FIFCO USA, the company that owns Pyramid Brewing, cited the need for “high volume sporting and entertainment events to off-set the much slower restaurant business during non-peak times.”
Obviously, because of the pandemic, there are no sporting events happening at T-Mobile Park or Century Link Field right now, so the writing was on the wall. The Alehouse has always relied on big crowds before and after soccer, football, and baseball games at the stadiums across the street.
The vast majority of the beer produced by Pyramid Brewing comes from the company’s large facility in Portland, so this will not impact the beer you see on the shelf at your local grocery store.
Rich Andrews, Chief Executive Officer, FIFCO USA, said,
...More info on site
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Canada, BC: Kelowna’s Boundary Brewing closes down for good
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Like many craft breweries across North America, Kelowna’s Boundary Brewing shut its doors last month in the wake of the COVID-19 pandemic. However, it will not be reopening, says owner Oliver Gläser, making it the province’s first craft beer casualty due to the ongoing outbreak, Castanet.net reported on May 1.
The nanobrewery specialized in traditional German-style beers on its tiny 400 L single vessel wooden brewhouse, the only one of its kind in Canada. Gläser said the brewery had been struggling over the slow winter months, partly due to the increasingly crowded Kelowna craft beer market, which is now home to 11 craft breweries and at least another four on the way, as well as the provincial government’s onerous liquor taxation regime.
“Coronavirus was the nail in the coffin for us,” says Gläser. “And the government makes it nearly impossible to make any money as a craft brewery. The Kelowna market being so crowded didn’t help either.”
Given Boundary’s entire business model was based around keg sales and growler fills at its modest tasting room, the COVID-19 pandemic response hit it particularly hard.
“Overnight our keg sales instantly went to zero,” he said.
Gläser said the Boundary Brewing brand will continue to exist and didn’t
...More info on site
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Vietnam: Habeco reports $4.1 bln loss in Q1 2020
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Brewer Habeco reported a loss of VND96 billion ($4.1 million) in the first quarter, hit by the stringent new drunk driving laws and Covid-19,
...More info on site
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France: Beer market could shrink by up to 40% this year
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Due to the coronavirus crisis France’s beer market could shrink by 30-40% this year, 7sur7 reported, citing the nation’s leading brewer Kronenbourg.
“There are many
...More info on site
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Nigeria: Guinness Nigeria reports 5.3% decline in net revenue for the nine months ended March 31
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Guinness Nigeria Plc has reported a revenue of N96.081 billion for the nine months ended March 31, 2020. This represented a decline of 5.3
...More info on site
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Australia: Australia expected to grow more barley than last year
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Australian farmers are expected to grow more barley than last year even though the early break through New South Wales, Victoria and South Australia
...More info on site
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UK: Beer sales plunge in March in the wake of the coronavirus epidemic and shutdown of pubs and bars
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UK beer sales have plunged in the wake of the coronavirus epidemic and the shutdown of premises such as pubs and bars, FoodManufacture.co.uk reported
...More info on site
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Australia: Coopers Brewery MD has fresh hopes for gradual restart of economy
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The managing director of Coopers Brewery says the rapid flattening of the coronavirus curve in his home state of South Australia gives fresh hope for a gradual restart of the economy soon, The Australian Financial Review reported on May 4.
Tim Cooper says the hit to the local economy is enormous but the state is in a good position to be able to slowly rebound earlier than the eastern states, with the right controls in place.
"My feeling is that we can't be shielded from the virus indefinitely,'' Dr Cooper said.
On May 4 the state reported no new cases of coronavirus, making 12 consecutive days without any new COVID-19 infections being reported. SA's Chief Public Health Officer Dr Nicola Spurrier said there had been a 98 per cent recovery rate, with 427 people having recovered from the disease. She said 61,000 tests had been conducted since February in the state.
Announcements on any potential lifting of restrictions are earmarked for Friday, after a national cabinet meeting.
South Australian Premier Steven Marshall said a round of $10,000 cash grants to struggling small businesses were being paid on May 4, and were designed to work in combination with the Federal Government's economic assistance programs.
"This works hand
...More info on site
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India: Andhra Pradesh allows manufacture of liquor and beer
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Andhra Pradesh has allowed functioning of the Indian Made Foreign Liquor and Beer manufacturers with immediate effect, subject to the conditions imposed by the Central government, the Telangana Today reported on May 2.
However, only liquor and beer manufacturers situated in the rural areas that are outside the municipal corporations and municipalities will be allowed to function, according to orders issued by the government.
The orders would be applicable to all the liquor and beer manufacturers located in Green / Orange / Red zones subject to guidelines issued by the Centre and also the State Government from time to time, an order issued by the Commissioner of Distilleries and Breweries of Andhra Pradesh government D Vasudeva Reddy said.
Following are the guidelines specified in the order:
All areas on the premises must be disinfected, special transportation facility to be arranged for workers without depending on public transport, vehicles to be run only with 30 to 40 per cent passenger capacity; All vehicles and machinery must be disinfected; thermal scanning for workers entering or exiting is mandatory; provision of hand wash and sanitizers must be made at all entry and exit points, work places must have a gap of one hour between shifts, staggering of
...More info on site
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