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E-Malt.com Newsletter 37a
September 07 - September 09, 2020
Quote of the Week
Philosophy and beer, it's the same thing: when consumed, they change all perceptions we have of the world.
Dominique-Joel Beaupre
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Currency Rates
Base Currency: US Dollar
on September 09, 2020 |
Base Currency: Canadian Dollar
on September 09, 2020 |
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1 USD = 0.8477 EUR
1 USD = 0.7654 GBP
1 USD = 1.3163 CAD
1 USD = 1.3791 AUD
1 USD = 106.1300 JPY
1 USD = 5.3281 BRL
1 USD = 76.1184 RUB
1 USD = 6.8394 CNY
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1 CAD = 0.7596 USD
1 CAD = 0.5814 GBP
1 CAD = 0.6440 EUR
1 CAD = 1.0476 AUD
1 CAD = 80.6200 JPY
1 CAD = 4.0473 BRL
1 CAD = 57.8201 RUB
1 CAD = 5.1952 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Bud leads the 10 most valuable beer brand families in the US
...Click here
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USA, CA: Bearded Tang Brewing becomes Stanton’s first brewery
...Click here
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USA, MA: Lord Hobo Brewing Company partially opens new Boston location
...Click here
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USA, FL: St. Michael's Brewing Company opening in Navarre quite soon
...Click here
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USA, MN: Twin Cities couple opening Ineffable Brewing Company in Burnsville
...Click here
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World: January-July beer production declines in China, Germany, US, and Ukraine
...Click here
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World: AB InBev looking to replace CEO Carlos Brito - report
...Click here
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EU: Barley crop of 55 mln tonnes expected to be virtually unchanged from last year
...Click here
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Australia: Barley industry should diversify its markets - AEGIC report
...Click here
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UK: Overall alcohol consumption halved during lockdown
...Click here
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Australia & China: Australian barley exports to China rise sharply in July
...Click here
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Nigeria: Heineken Brouwerijen increases its stake in Nigerian Breweries
...Click here
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UK: English crop fails to make impact on malting barley market
...Click here
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France: France’s more than 2,000 independent brewers offer an astonishing range of flavours
...Click here
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New Zealand: Beer sales data shows NZ$200 mln loss to pubs due to Covid-19
...Click here
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Vietnam & New Zealand: Vietnamese craft beers to be brewed and released in New Zealand
...Click here
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Graph of the Week
Table of the Week
UK Beer Sales by Distribution Channel 2000 - 2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 September
1822 - Brazil declares independence from Portugal (National Day)
1912 - David Packard, co-founder of Hewlett-Packard Co., is born in Pueblo, Colo
1923 - Interpol forms in Vienna
08 September
1923 - Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 - Real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million-a $341 million loss in less than a year-and-a-half, "probably the most disastrous real-estate deal known to man"
09 September
1776 - Continental Congress renames "United Colonies" as "United States"
1839 - John Herschel takes the first glass plate photograph
1940 - George Stibitz pioneers the first remote operation of a computer
1947 - First case of a computer bug being found: A moth lodges in a relay of a Harvard Mark II computer at Harvard University
Agenda
September 2020:
11 - 13: The Great British Beer Festival 2020 (virtual) (Virtual)
14 - 25: Craft Brewing Online 2020 (Online)
18 - 08 October: WBC Connect 2020 (Online)
October 2020:
13 - 16: China Brew & China Beverage (CBB) 2020 (Shanghai, China)
14 - 16: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
16 - 17: Great American Beer Festival 2020 (Online)
19 - 20: Planete Biere 2020 (Paris, France)
21 - 24: Beer 2020 (Sochi, Russia)
26 - 28: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
30 - 01 November: Brussels Beer Challenge 2020 (Brussels, Belgium)
November 2020:
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
18 - 22: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
20 - 21: Beervana 2020 (Wellington, New Zealand)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
26 - 29: Stockholm Beer & Whiskey Tastings 2020 (Stockholm, Sweden)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
February 2021:
05 - 07: Finest Spirits 2021 (Munich, Germany)
09 - 13: Great British Beer Festival Winter 2021 (The New Bingley Hall, Birmingham, UK)
11 - 15: HoReCa 2021 (Athens, Greece)
12 - 14: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
21 - 24: Beer & Food Attraction 2021 (Rimini, Italy)
March 2021:
02 - 04: Beviale Mexico 2021 (Centro Citibanamex, Mexico City)
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 18: Zythos Beer Festival 2021 (Leuven, Belgium)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
News Articles
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USA: Bud leads the 10 most valuable beer brand families in the US
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IRI, a Chicago-based market research firm, has collected sales data on dozens of beer brands to demonstrate the influence of the world’s biggest brewing companies.
Perhaps unsurprisingly, global brewer AB InBev has the most influence across the top 10, owning four brand families with a total sales of close to US$13 billion and taking up close to a third of the global beer market.
The data also shows the stratospheric growth of the hard seltzer market, with sales of White Claw rising by close to 250% over the past year. The White Claw brand family is now more valuable than beer labels Busch and Heineken, and sold almost twice as many cases of seltzer in the US than Heineken did over the course of 2020.
The figures show retail sales figures across the US in the 52 weeks to 9 August 2020.
10. Heineken
Parent company: Heineken
Dollar sales: $842,109,400
Change from last year: +5.9%
Market share: 2% (change: -0.14%)
9. Natural
Parent company: AB InBev
Dollars sales: $1,439,888,100
Change from last year: +4.6%
Market share: 3.5% (change: -0.28%)
8. Busch
Parent company: AB InBev
Dollar sales: $1,584,888,200
Change: +8.4%
Market share: 3.85% (change: -0.18%)
7. White Claw
Parent company: Mark Anthony Brands
Dollar sales: $1,641,617,500
Change: +245.8%
Market share: 3.99% (change: +2.69%)
6. Miller Lite
Parent company: Molson Coors
Dollar sales: $2,161,030,700
Change: 6.4%
Market share: 5.25%
...More info on site
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USA, CA: Bearded Tang Brewing becomes Stanton’s first brewery
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Bearded Tang Brewing, an all-new brewing concept, is now open at Rodeo 39 Public Market in Stanton. Focused on quality craft beer and community, Bearded Tang Brewing will be the very first brewery to call Stanton home, filling a much-needed niche. The brewery is now open for to-go sales and has plans to officially open its doors in late September, Brewbound reported on September 5.
“Our team is very excited to be joining the impressive artisan food and beverage community at Rodeo 39, and we are confident we’ll bring something special to the area,” says Brandon Smith, owner of Bearded Tang Brewing. “We chose the name Bearded Tang Brewing because of the nature of the fish, a Blue Tang – the Bearded Tang is a fish who builds and protects its tight-knit community. As for the character of the fish, imagine that crazy uncle with a flowing beard that everyone wants to hang out with. He has a pipe in one hand and a can of beer in the other, sitting in a 20-year-old lawn chair that’s been patched a few times. His relaxed and generous attitude is infectious, pulling people into his circle of friends. We’re not
...More info on site
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USA, MA: Lord Hobo Brewing Company partially opens new Boston location
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One of the biggest names within the local beer scene has partially opened a long-awaited brewery and restaurant by the Boston waterfront, NBC10 Boston reported on September 4.
A message sent from @HeyRatty indicates that Lord Hobo debuted on September 4 in the city's Seaport District, with a Facebook post from the place confirming that it opened its patio at 4 p.m. for the first phase of the opening of its brewery and restaurant facility on Dry Dock Avenue. The post indicates that the patio, which has a capacity of 241, will offer beer as well as food from Bon Me via their food truck.
An earlier article here had mentioned that the new 18,000-square-foot facility might include a gastropub, taproom, and lounge area along with the aforementioned outdoor patio and a "coffee concept" in the lobby of its building, though it is not known if all of these components will still be coming once it fully opens.
In addition to the new spot on the Boston waterfront, Lord Hobo Brewing Company also has a brewery and taproom in Woburn as well as the original Lord Hobo beer bar (which is temporarily closed) between Kendall Square and Inman Square in Cambridge.
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USA, FL: St. Michael's Brewing Company opening in Navarre quite soon
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The coronavirus pandemic is not stopping veteran Michael Bares from opening the St. Michael's Brewing Company on Highway 87 in Navarre. His time in the service brought him to Hurlburt Field in Santa Rosa County. Now, he calls the area home and the location of his business, WEAR reported on September 9.
All the beers, made in house, will have something in common. The name of the brewery serves as a hint.
"St. Michael is the patron saint of military and law enforcement. All of our beers will be named after military units, law enforcement agencies...basically all first responders," Bares said.
He says it's his way of recognizing and honoring their work. This brewery has been years in the making. It was under construction for two years and then hit with a curve ball which set completion back.
"Early this year when COVID came around, we started having supply issues, mainly with our electrical components," he said.
Bares says the pandemic has also forced him to consider a different layout for his customers.
"We were going to have a small beer garden, but now with CDC guidelines, outside seating may be the way to go," said Bares.
In a world that seems full of worries, he hopes
...More info on site
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USA, MN: Twin Cities couple opening Ineffable Brewing Company in Burnsville
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A Twin Cities couple is opening a new brewery amid the uncertainties of the COVID-19 pandemic, KSTP reported on September 7.
"We want to create the ultimate beer experience for people," said Richard Stein, who owns Ineffable Brewing Company with his wife, Barbara. "It's kind of a big dream come true for all of us."
Some small businesses, including popular restaurants in the Twin Cities, have permanently closed over the past few months due to the challenges of COVID-19 and civil unrest. Bars and restaurants are still restricted to 50% capacity due to the pandemic.
"We've seen the obstacles that we're going to have to face and overcome," Stein said. "It's going to take a lot of creativity. Coming out of the gate, I think we want to prove what we can do. It is very exciting but it's equally terrifying."
Stein said they have been talking with other breweries across the country about how to adapt to the challenges of the pandemic. They are planning for social distancing protocols, outdoor seating and "growlers to go."
"One of our big hopes and goals, we want to create an 'at-home experience' where maybe you come and pick up food that you want and the beer you
...More info on site
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USA, CO: Westbound & Down buys Lafayette brewery
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Idaho Springs brewpub Westbound & Down is expanding to lower elevations, although not quite in the way it originally planned, the BusinessDen reported on September 8.
The brewery purchased the assets and lease of Endo Brewery at 2755 Dagny Way in Lafayette on Aug. 28.
Eric Schmidt, who works in marketing for the brewery, said Westbound started canning its beers at the end of 2019, and the company plans to move those operations to the Endo space. The Lafayette facility will open as a taproom this winter, then likely become more of a brewpub in 2021.
The original Idaho Springs brewery, meanwhile, will focus on producing beer for both brewpubs, Schmidt said.
Westbound already owns land elsewhere in Lafayette, and originally planned to build a sort of “dream brewery” there, Schmidt said. But the economic fallout stemming from the pandemic has made it more challenging to get loans, so Westbound decided to pivot and look for an operating brewery that it could purchase.
“We wanted something that we could quickly get online,” Schmidt said.
Schmidt said Westbound has also abandoned plans, in the works since at least 2018, to open a location at 956 Santa Fe Drive in Denver. That’s partially due to the tight confines
...More info on site
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World: January-July beer production declines in China, Germany, US, and Ukraine
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China’s July output was 40.7 mln hl, January-July production reached 212 mln hl – 8.6% less than over the same period last year, H.
...More info on site
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World: AB InBev looking to replace CEO Carlos Brito - report
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Anheuser-Busch InBev, the maker of Budweiser and Stella Artois, has launched a process to replace chief executive Carlos Brito, the Brazilian who led its transformation into the world’s largest brewer through takeovers during his 16-year tenure, the Financial Times reported on September 7.
The brewer is seriously considering outside candidates for the role, said three people with knowledge of the matter, in what would be a significant move for a company that prides itself on its homegrown culture.
Two of these people said AB InBev was working with recruitment firm Spencer Stuart on the search. One of the people said Mr Brito was involved with the AB InBev board in the process and planned to step down at some point next year.
Part of the reason for the external search is that AB InBev is considering only one internal candidate, Michel Doukeris, who heads its North America-based Anheuser-Busch business, these people added. Other candidates previously tipped as possible candidates such as chief strategy officer David Almeida and chief marketing officer Pedro Earp are not being considered.
It is also possible Mr Brito remains in charge for longer if the company does not settle on a candidate from the search, one of
...More info on site
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EU: Barley crop of 55 mln tonnes expected to be virtually unchanged from last year
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The final EU-27 barley crop figure should be around 55 mln tonnes, virtually unchanged from last year, H. M. Gauger GmbH said in its
...More info on site
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Australia: Barley industry should diversify its markets - AEGIC report
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The Australian barley industry should diversify its markets while continuing to engage with Chinese brewers and maltsters, according to a new Australian Export Grains
...More info on site
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UK: Overall alcohol consumption halved during lockdown
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The overall UK consumption of alcohol halved during lockdown, data from Nielsen has suggested, despite staggering sales rises through the supermarkets, the Drinks Business Review reported on September 7.
The total volume of alcohol sold during lockdown (the 17 weeks to 11 July 2020) fell to 1.3 bln litres, down from 2 bln the previous year, data from Nielsen Scantrack and the CGA found, despite value sales through the major retailers rising £1.9 bln over the same period.
Sales of booze at the supermarket during the four month period hit £7.7 bln, it said, however with the on-trade remaining shut, the overall volume of alcohol bought in the UK was far lower than last year, despite the increase in value.
Nielsen’s senior client business partner Gemma Cooper pointed out that around 46% of booze sold in the UK was sold through the on-trade and although spend had undoubtedly shifted to the off-trade, it was not enough to make up for the shortfall.
Speaking to Retail Times, she said that while the perception of lockdown was that it was “a boozy one” due to the soaring retail sales, the UK was not consuming more alcohol than normal. “This is far from the case, she said.
...More info on site
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Australia & China: Australian barley exports to China rise sharply in July
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Australian barley exports to China have risen sharply in July after dropping to virtually nothing in June after the Chinese government announced its 80 per cent duty on imports from Australia as retaliation for alleged dumping, the Farm Weekly reported on September 9.
Lloyd George, AgScientia analyst, said recently issued Australian Bureau of Statistics (ABS) data showed Australia had exported over 90,000 tonnes of barley to China in July after just 3500 tonnes in June.
In May, when the Chinese announced the duties on Australian barley, there was 243,000 tonnes exported.
Mr George said there was no way Australian barley could compete on the international market with the duties imposed so it was likely the grain was heading to Chinese free trade zones (FTZs).
China has implemented a network of 18 FTZs across the country where duties do not apply.
This means barley can be sent from Australia to a Chinese FTZ and avoid the prohibitive duties, although if it is then sent to another part of China under normal Chinese financial rules the duties must be paid.
However, it can then be processed in the Chinese FTZ and exported either as malted barley or as malt, with China a major exporter of malt.
Nearly all of
...More info on site
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Nigeria: Heineken Brouwerijen increases its stake in Nigerian Breweries
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The major shareholder of the largest brewer in Nigeria, Heineken Brouwerijen B.V, has increased its stake in Nigerian Breweries, with the purchase of 233,110 additional units of Nigerian Breweries shares. This was disclosed by the company in a notification sent to the Nigerian Stock Exchange, which was seen by Nairametrics.
According to the notification, which was signed by the Company’s Secretary, Uaboi G. Agbebaku, the purchase was made on the bourse over two transactions on the 2nd and 3rd of September.
This disclosure is a regulatory requirement that must be reported to the Nigerian Stock Exchange, especially when a major shareholder or director of a publicly quoted company purchases shares in the company they own.
The analysis of these transactions indicates that the purchase consideration for the 233,110 additional units of Nigeria Breweries shares at an average price of N39.94 is put at N9.3 million.
This purchase and previous purchases further cement Heineken Brouwerijen B.V’s status as a major shareholder; the company has accumulated a total of 7,720,236 since 30th June.
As of June 30th, when Nigerian Breweries released its Half-year financial results and reviewed its shareholding pattern, the company had exactly 7,996,902,051 outstanding shares, with Heineken Brouwerijen B.V being the majority shareholder with 3,019,363,804
...More info on site
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UK: English crop fails to make impact on malting barley market
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Fears at sowing time that England’s exceptional 2020 spring barley acreage would pose a threat to the Scottish malting markets have proved to be groundless, The Courier reported on September 5.
As combines continue to cut a swathe through harvest fields both north and south of the border, commentators are confirming that English yields and quality have failed to make an impact on Scotland’s traditional dominance of the malting barley market.
Frontier’s general manager in Scotland, Bruce Ferguson, said the English crop, which was sown in land that would traditionally be used for winter cereals, has had a low level of conformity for malting.
“It looked like a big crop on paper, but it hasn’t performed as malting barley, which was always going to be the potential,” he said.
“Winter cereals land is that for a reason, it doesn’t suit spring crops, and that’s what has materialised this year, whereas historically in Scotland we’ve grown malting barley as a primary crop.”
However, NFU Scotland’s cereals committee chairman Willie Thomson, who farms near Haddington, voiced concerns that the extra spring barley could swamp the feed market.
He said: “It’s not going to trouble our malting market but the oceans of feed barley could drag the price down
...More info on site
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France: France’s more than 2,000 independent brewers offer an astonishing range of flavours
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With more than 2,000 independent brewers, France is the European leader in the business of craft beer, with an astonishing range of flavours available. The industry uses raw materials like stale bread and coffee grounds, and is to be found in the most unlikely places, RFI reported on September 5.
What would you say to a glass of Phoenix? A dark brown brew based on stale bread (from a top-class local baker) and coffee pulp from a Peruvian blender just around the corner.
Or an Alabama, light brown with its own hint of coffee? Or prune beer? Perhaps one based on black wheat from Brittany?
Don't rush – there are over 300 different styles of craft beer to choose from, all of them produced by French enthusiasts who have decided to reject the standardised product offered by the big multinational brewers.
"I don't know how anyone can drink IPA," Pascale, a frequent visitor to the tiny Goutte d'Or brewery in the northern Paris neighbourhood, told Journal du Dimanche, referring to the hop-heavy India Pale Ale style.
Another customer agrees that it's hard to return to commercially brewed beer once you've tried the output of the microbreweries. "There's less sugar. You can taste the ingredients,
...More info on site
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New Zealand: Beer sales data shows NZ$200 mln loss to pubs due to Covid-19
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An analysis of the latest beer sales data in New Zealand has revealed a revenue hole of NZ$200 mln for bars, pubs and restaurants caused by the COVID closures, the Australian Brews News reported on September 7.
Combining information from Stats NZ and Nielsen Scan shows on-premise beer sales dropped significantly in first half of 2020 but the slack for brewers was to some extent picked up by sales in supermarkets and bottle stores.
The data shows that craft beer sales have bounced back from an initial Covid-19 kick and there was also a small lift in classic styles as Kiwis moved their drinking from the pub to the home.
Stats NZ data shows that, for the first six months of 2020, total beer available for consumption was 125.2 million litres. The was down 8 mln litres on the same period last year when 133.3 mln litres was available for consumption.
Overlaying Nielsen Scantrack data for the same periods shows a big uplift in grocery sales to compensate for pubs being closed, and then while working on reduced patronage from March to late May.
Beer volume in grocery (supermarkets and bottle stores) for the first half of 2020 totalled 105.5 million litres compared with 96
...More info on site
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Vietnam & New Zealand: Vietnamese craft beers to be brewed and released in New Zealand
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A range of Vietnamese craft beers will be brewed and released in New Zealand as of later this year, Inside FMCG reported on September 7.
The move is the result of a partnership between Saigon-based Heart of Darkness and Auckland brewery Behemoth Brewing, which extends to nationwide distribution.
“Giving people a taste of Vietnamese craft beer in New Zealand is going to be a fun journey for us and Behemoth to work together on,” said Heart of Darkness founder John Pemberton.
“I know that Andrew and his team are going to have a great time brewing our beers and we hope the New Zealand craft beer drinker is going to get a lot of enjoyment from having fresh Heart of Darkness brews available to them.”
“About a year ago, whilst at the Seabrew conference in Thailand, we started talking about whether there was an opportunity to do something together in New Zealand,” said Behemoth founder Andrew Childs.
“Then Covid lockdowns hit both our businesses, and although it delayed a few things, we realised over lots and lots of Zoom calls that brewing something exotic from overseas might go some way to help the homebound situation we currently have in New Zealand.”
Behemoth will initially brew two
...More info on site
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