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E-Malt.com Newsletter 20b
May 14 - May 17, 2020
Quote of the Week
It is amazing what you can accomplish if you do not care who gets the credit.
Harry S Truman
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Currency Rates
Base Currency: US Dollar
on May 16, 2020 |
Base Currency: Canadian Dollar
on May 16, 2020 |
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1 USD = 0.9073 EUR
1 USD = 0.7727 GBP
1 USD = 1.3274 CAD
1 USD = 1.4776 AUD
1 USD = 109.4500 JPY
1 USD = 4.2354 BRL
1 USD = 73.2056 RUB
1 USD = 7.0316 CNY
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1 CAD = 0.7528 USD
1 CAD = 0.5817 GBP
1 CAD = 0.6830 EUR
1 CAD = 1.1124 AUD
1 CAD = 82.4000 JPY
1 CAD = 3.1885 BRL
1 CAD = 48.4158 RUB
1 CAD = 5.2936 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA & China: China allows barley imports from the United States
...Click here
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Canada, SK: Saskatchewan brewers asking for tax relief
...Click here
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USA, MI: Big Cat Brewing Company closing its doors for good
...Click here
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Canada, ON: Third Moon Brewing set to release its first beers on May 16
...Click here
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USA, MN: Arbeiter Brewing Co. hopes to open sometime around July 1
...Click here
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USA, PA: Night Shift Brewing cancels Philadelphia expansion project
...Click here
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Mexico: More than 100 Mexicans die of tainted alcohol as beer supply dries up
...Click here
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USA, NC: Sanctuary Brewing Company to close in June, Oklawaha Brewing Company to open in its place
...Click here
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China: Covid-19 takes a toll on China’s beer industry
...Click here
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Australia: United Malt Group raising A$140 million to strengthen its balance sheet
...Click here
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Ukraine: Beer, malt production decline in January-April this year
...Click here
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Thailand: ThaiBev records 14% decline in second-quarter net profit
...Click here
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Japan: All four major brewers see sales drop in April from a year earlier
...Click here
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France: Total barley area still expected at 2 mln ha
...Click here
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EU: Strategie Grains raises forecast for EU soft wheat exports, cuts malt and malting barley use forecast
...Click here
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Germany: Germany reduces winter barley and winter wheat area this year
...Click here
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Belgium: Trappist monks restart production of Westvleteren beer
...Click here
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Australia: Australian bars to take first cautious steps towards reopening this weekend
...Click here
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Graph of the Week
Table of the Week
UK Unroasted Malt Exports 1995 - 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOPS AND ANTI-INFLUENZA ACTIVITY
ABSTRACT
Italian researchers tested a hydroalcoholic hop
extract for its anti-influenza activity. The ability of the
extract to interfere with different phases of viral replication
was assessed, as well as its effect on the intracellular
status being unbalanced in infected cells. A phytochemical
characterization of the extract was performed. The
researchers found that hop extract significantly inhibited
replication of various viral strains, at different times from
infection. Viral replication was partly inhibited when virus
was incubated with extract before infection, suggesting a
direct effect on the virions. Since hop extract was able to
restore the conditions of infected cells, its antiviral activity might also be due to an interference with redox-sensitive
pathways required for viral replication. Accordingly, the
extract exerted radical scavenging and reducing effects
and inhibited lipoperoxidation and cytotoxicity. Using
phytochemical analysis, different phenolics were identified,
which altogether might contribute to the antiviral effect.
These results highlight anti-influenza and antioxidant
properties of hop extract, which encourage further in vivo
studies to evaluate its possible application.
REFERENCES:
Di Sotto, A.: Antiviral and Antioxidant Activity of a Hydroalcoholic Extract from Humulus
lupulus L, Oxid Med Cell Longev. 2018 Jul 24;2018:5919237. doi: 10.1155/2018/5919237.
eCollection 2018
Source: Barth Innovations
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These Days in Business History
15 May
1878 - The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1905 - Las Vegas, Nevada founded
1940 - McDonald's opens its first restaurant in San Bernardino, California
1941 - The world's first successful jet aircraft, a Gloster E28/39 powered by a W1 engine designed by Frank Whittle, takes off and lands at Farnborough, England
16 May
1911 - Supreme Court dissolves Standard Oil with the Sherman Antitrust Act
1930 - Two Texas engineers found a company called Geophysical Service Inc. to use seismographic technology to improve the business of exploring for oil
1949 - The Tokyo Stock Exchange, originally founded in 1878, reopens for business after the devastation of World War II
1951 - The first regularly scheduled transatlantic flights begin between Idlewild Airport (now John F Kennedy International Airport) in New York City and Heathrow Airport in London, operated by El Al Israel Airlines
17 May
1892 - George Sampson patents clothes dryer
1921 - Belgian-Luxembourg sign customs union
1968 - European Space Research Org launches 1st satellite
18 May
1801 - Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London
1804 - Napoleon Bonaparte is proclaimed Emperor of the French by the French Senate
1822 - Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 - European Convention on Human Rights goes into effect
1969 - Apollo program: Apollo 10 is launched
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
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USA & China: China allows barley imports from the United States
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Barley from the United States can now be exported to China following the approval of a phytosanitary protocol by both countries, a market development achievement years in the making finally accomplished with the boost of the US-China Phase 1 deal signed in January, Grain Central reported on May 15.
The notice on China’s customs website was posted on May 14 and confirmed to be approved by the US Department of Agriculture’s Animal and Plant Health Inspection Service (USDA-APHIS).
In coming weeks, APHIS and the US Grains Council (USGC) will work with Chinese officials to develop fumigation and industry best practices requirements, and the Council and barley industry will work to ensure potential exporters meet administrative requirements to sell to China.
“We are pleased to see China making strides to uphold their purchasing commitments under its Phase 1 agreement with the United States, and the fact it could once again position the US barley industry as a preferred supplier is even better news for US barley farmers,” USGC president and chief executive officer Ryan LeGrand said.
National Barley Growers Association (NBGA) president, Buzz Mattelin, said that particularly in light of supply disruptions from COVID-19, the new agreement would help barley farmers find new buyers for
...More info on site
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Canada, SK: Saskatchewan brewers asking for tax relief
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Feeling the pinch of the province’s production levy, Saskatchewan brewers are asking for a bit of tax relief, Globalnews.ca reported on May 14.
Saskatchewan breweries currently pay more to produce craft beer than their counterparts in Alberta and Manitoba.
“A production tax is pretty common in the brewing industry; every province has one. The unfortunate thing is Saskatchewan has one of the highest rates. It’s almost double of our closest neighbours,” said Mark Heise, president of the Saskatchewan Craft Brewers Association and Rebellion Brewing Co.
While Saskatchewan breweries have been feeling additional financial pressure because of the novel coronavirus pandemic, lobbying the government to lower the tax has been a four-year effort.
“The government has never said ‘no’ or disagreed, but unfortunately we’ve never been able to make that change,” Heise said.
Saskatchewan locals have now joined the breweries in calling for a reduced tax, with over 1,300 people signing an online petition to help get the attention of the provincial government.
“The petition is a really cool thing and came from fans across Saskatchewan. That’s really why we decided to come out more publicly instead of [continuing] discussions behind closed doors,” Heise said.
“This should have been fixed four years ago.”
Producing up to 20,000 barrels of
...More info on site
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USA, MI: Big Cat Brewing Company closing its doors for good
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A popular Northern Michigan brewery is closing its doors for good.
Nikki and Aaron Ackley, owners of Big Cat Brewing Company in Cedar, announced plans to close for good on Tuesday after 14 years of business in the tourism hotspot of Leelanau County.
“After much consideration and deep soul searching, we have come to the conclusion that we will not be able to reopen and continue our business of 14 years,” a Facebook notice reads. “With now losing Memorial Day weekend and no guarantee of being able to open at full capacity this summer, it has become obvious to us that our business operations are no longer sustainable.”
“We are so very grateful for your patronage over the years and also for the terrific relationships we have formed with customers and employees. We are going to spend the summer reinventing ourselves and designing a plan to re-purpose our building in order to keep it. Again, we thank you all from the bottom of our hearts and wish you well through these trying times.”
Opened in 2006 as the Cedar Rustic Inn, the restaurant became Big Cat Brewing in March 2016. Frequented by residents, tourists, and travelers to nearby Sleeping Bear Dunes, the brewery was
...More info on site
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Canada, ON: Third Moon Brewing set to release its first beers on May 16
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A new brewery that was announced last summer is set to release its first beers this weekend in Milton, a large town in Halton Region west of Toronto, the Canadian Beer News reported on May 14.
Third Moon Brewing is being launched by Steven Pilotto and Chris Steininger, who plan to “focus on the beers [they] love to drink – hazy IPAs, pastry stouts and fruited sours.”
The first two beers from the brewery – Cut Me Down (6.5% abv), “a golden quencher of an IPA made with Columbus then dry hopped with Sabro and Mosaic”, and Bone Tree (6.5% abv), “an all Citra IPA dry hopped with more Citra” – can be pre-ordered now via the Third Moon website, and will be available to pick up at the brewery this Saturday May 16th from 10:00 AM to 6:00 PM. Additional beers will be released in a similar manner on a weekly basis while COVID-19 restrictions are in place.
Third Moon Brewing is located at 295 Alliance Road, Unit 3 in Milton.
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USA, MN: Arbeiter Brewing Co. hopes to open sometime around July 1
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In a time where local breweries are reeling because of the loss of taproom operations, announcing a new brewery seems like the kind of crazy thing that only a…craft brewer would do. And alas, a new brewery will soon rise in the old Harriet Brewing space off of Minnehaha Avenue and Lake Street in Minneapolis, the Minnesota Monthly reported on May 15.
Three Northern Brewer veterans—Juno Choi, Garth Blomberg, and Josh Voeltz—along with head brewer Aaron Herman have come together to launch Arbeiter Brewing Co. Aaron spent a lot of time at Town Hall Brewing, which is one of the most well-regarded brewing operations. They’ve been working to get this going since 2018. They’ve survived a government shutdown, a pandemic—you gotta believe in these guys!
What to expect? The initial plan is ales, lagers with a hefty dose of German influence.
Arbeiter isn’t opening until sometime around July 1. But! You can taste their beer right now at The Lab, this cool experimental space right on the border of Minneapolis and St. Paul. For the last couple weeks, it’s sat on their website as To Be Revealed “New Brewery” IPA #1. But it has a name and a label: Arbeiter Westküst IPA.
Inspired
...More info on site
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USA, PA: Night Shift Brewing cancels Philadelphia expansion project
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‘It wasn’t meant to be’: Night Shift Brewing has canceled its Philadelphia expansion project, Boston.com reported on May 13.
"The COVID-19 pandemic shook our business to the core, and obviously almost everything outside of it," said the brewery's founders.
It’s been a year of accomplishments for Night Shift Brewing. In March 2019, the Everett-based company opened an innovation brewery at Lovejoy Wharf while simultaneously launching a new coffee venture, Night Shift Coffee. A food truck followed, as did the introduction of their new hard seltzer, Hoot. Then there was the announcement that Night Shift was expanding into Philadelphia, building a $10 million-plus brewery and distributorship.
But the coronavirus pandemic had other plans: On Wednesday, May 13, Night Shift announced that it was pulling the plug on the Philadelphia expansion as a direct result of COVID-19.
In a letter posted to its website, founders Rob Burns, Mike O’Mara, and Michael Oxton shared that the current global health crisis no longer made the new project feasible.
“It is with great personal sadness that we at Night Shift Brewing have made the incredibly hard decision to cancel our Philly expansion project,” they wrote. “For over four years, we worked to find our second ‘forever home’ and plant roots
...More info on site
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Mexico: More than 100 Mexicans die of tainted alcohol as beer supply dries up
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More than 100 people in Mexico have died from drinking adulterated alcohol over the past two weeks, according to a tally by Mexican daily newspaper Reforma on May 13, as measures to halt the coronavirus' spread have crimped beer production.
The potentially fatal bootleg alcohol contains dangerous substances such as methanol in some cases, and is being distributed as brewers such as Heineken and Grupo Modelo have suspended production in line with government directives to halt non-essential activity.
Local authorities have launched investigations to identify the suppliers, and urged citizens not to consume alcoholic drinks of unknown origin.
The fatalities, reported by states including Jalisco, Yucatan, Puebla and Morelos since the start of the month, appeared to spike after Mother's Day in Mexico on May 10, according to officials and local media reports.
The toll rose to 20 on May 13 in the municipality of Chiconcuautla in the central state of Puebla, a day after it declared a health emergency following 17 deaths from consuming tainted beverages. The local government said it had confiscated 200 litres (352 pints) of a local alcohol known as "refino" and was conducting studies to determine its contents.
In Yucatan, where local media reported a wave of deaths from the
...More info on site
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USA, NC: Sanctuary Brewing Company to close in June, Oklawaha Brewing Company to open in its place
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Sanctuary Brewing Company announced May 14 plans to close via a press release from owner Lisa McDonald.
Sanctuary will close in June and another brewery, Oklawaha Brewing Company, will open in its place, the release said. Oklahawa will be headed by Sanctuary Brewing co-owner and head brewer Joe Dinan.
Dinan plans to continue offering to-go beer at the brewery space, at 147 1st Ave. E., during the transition.
Meanwhile, Dinan will make a few physical changes to the brewery, with taproom reopening to coincide with the easing of COVID-19 restrictions on bars and restaurants.
McDonald closed the doors to Inconceivable Cafe, a vegan restaurant formerly located in the 1st Avenue space, in late March.
She said she's on the hunt for a new space for Sanctuary Brewing Company. The new location would need enough room to accommodate a restaurant, event space, animal sanctuary and classes from yoga to brewing tutorials.
McDonald still wants to carry on her advocacy work, including resurrecting a Kindness Wall she installed at the former Hendersonville space, where people left necessities like coats, hats, gloves and other helpful items for people in need.
She also founded Sweet Bear Rescue Farm, a sanctuary for neglected farm animals. SBRC is home to
...More info on site
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China: Covid-19 takes a toll on China’s beer industry
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On May 7, Budweiser Asia Pacific announced its unaudited Q1 2020 financial results. The company’s revenue in Q1 fell by 39%, while its revenue
...More info on site
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Australia: United Malt Group raising A$140 million to strengthen its balance sheet
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United Malt Group is raising A$140 million to strengthen its balance sheet after taking a hit from a drop in beer consumption during COVID-19
...More info on site
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Ukraine: Beer, malt production decline in January-April this year
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Ukraine’s beer production amounted to 5.03 mln hl in January – April 2020, 4.1% down from the same period last year, Ukrpivo reported on
...More info on site
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Thailand: ThaiBev records 14% decline in second-quarter net profit
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Thai Beverage Public Co (ThaiBev) on May 14 recorded a second-quarter net profit decline of 14 per cent on the year to 4.95 billion
...More info on site
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Japan: All four major brewers see sales drop in April from a year earlier
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Japan's four major brewers all posted double-digit falls in sales of beer and beer-like drinks in April from a year earlier, hit by a
...More info on site
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Belgium: April beer production falls by 50%
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Beer production in Belgium fell by 50% last month compared to April 2019, according to a first estimate provided by the Belgian Brewers’ Federation.
...More info on site
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France: Total barley area still expected at 2 mln ha
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Maize plantings in France are expected to jump by nearly 11% this year as farmers switch to spring crops after adverse weather hit sowing
...More info on site
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EU: Strategie Grains raises forecast for EU soft wheat exports, cuts malt and malting barley use forecast
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Strategie Grains raised its forecast for European Union soft wheat exports in 2019/20 on May 14, citing strong demand and lower competition, and cut
...More info on site
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Germany: Germany reduces winter barley and winter wheat area this year
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Germany's winter wheat sown area for the 2020 harvest has been reduced by 7% on the year to about 2.84 million hectares, the national
...More info on site
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Belgium: Trappist monks restart production of Westvleteren beer
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Belgium is only cautiously beginning to emerge from its coronavirus lockdown and its bars and restaurants won't open until next month at least. But the prayers of a lucky few drinkers have nevertheless been answered, with the release of a new batch of perhaps the world's best and most exclusive beer, AFP reports.
The monks of the Trappist Abbey of Saint Sixtus only sell their holy brew by appointment, to individual consumers, and until Thursday, May 14 their outlet was closed.
Belgium has had one of the highest per capita death tolls from the global coronavirus pandemic in the world, and rules for social distancing have been strict.
St Benedict's rules, however, say the monks must work to support themselves, and the Trappist Westvleteren beer is regularly voted among the world's best by fans.
On May 14, aficionados who reserved a slot online - and were willing to observe safety rules - were able to pull up to the monastery and pick up their quota.
Brother Godfried, of the order, explained the rules.
"At the red light they have to stop, so that there are only two or three people active here where the transaction takes place," he told AFP.
"We also work without cash and there's plexiglass."
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Australia: Australian bars to take first cautious steps towards reopening this weekend
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Seven weeks after the coronavirus pandemic forced Australia’s pubs to close, bars will take their first cautious steps towards reopening this weekend in a momentous moment for a nation of beer drinkers, The Irish Times reported on May 15.
“The beers are here and the jobs are back,” said Michael Gunner, chief minister of Northern Territory, a region popularised by Crocodile Dundee, the beer-swilling hero played by Paul Hogan – a former face of Foster’s lager.
The Covid-19 shutdown hit hard in the Territory, where day-time temperatures rarely fall below 25 degrees and social life in rural communities typically revolves around a schooner, an Australian term for a 425ml glass of beer.
At the Noonamah Tavern, about 45km east of Darwin, people travel vast distances to grab a bite to eat, a few beers and catch up on the gossip, according to Tony Innes, the proprietor who also lays on rodeos near the bar.
“We are an integral part of the community and it’s fair to say a lot of locals are itching to get back in,” said Innes, whose bar reopened on Friday.
The hospitality industry has welcomed the lifting of closure orders in several states after just 14 new coronavirus cases were reported
...More info on site
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