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E-Malt.com Newsletter 42a
October 12 - October 14, 2020
Quote of the Week
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Currency Rates
Base Currency: US Dollar
on October 14, 2020 |
Base Currency: Canadian Dollar
on October 14, 2020 |
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1 USD = 0.8495 EUR
1 USD = 0.7691 GBP
1 USD = 1.3128 CAD
1 USD = 1.3938 AUD
1 USD = 105.4500 JPY
1 USD = 5.5428 BRL
1 USD = 76.9273 RUB
1 USD = 6.7221 CNY
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1 CAD = 0.7617 USD
1 CAD = 0.5858 GBP
1 CAD = 0.6470 EUR
1 CAD = 1.0616 AUD
1 CAD = 80.3200 JPY
1 CAD = 4.2217 BRL
1 CAD = 58.5914 RUB
1 CAD = 5.1199 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, HI: Kona Brewing officially returns being independent and privately owned
...Click here
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Canada, AB: Harvest nearing completion in central Alberta
...Click here
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USA, WI: 414 Brewing Company plans to open in West Allis
...Click here
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USA, OR: Thunder Island Brewing Co. to celebrate opening of its new location
...Click here
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USA, CA: Karl Strauss Brewing Company appears to have closed down
...Click here
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EU: This season’s early malt exports to third countries below last year’s level so far
...Click here
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Asia Pacific: Beer market sees modest contraction in 2019 - report
...Click here
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Australia: Lion to permanently shut West End Brewery in Adelaide
...Click here
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World: Grain and soybean market prices rise since last month
...Click here
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France: Wheat and barley sowing underway, farmers concerned about frequent showers
...Click here
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Japan & Taiwan: Kirin choses Taiwan as first destination for its craft beer export
...Click here
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Malaysia: Most analysts don’t think Budget 2021 will bring a beer excise duty increase
...Click here
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Portugal: Super Bock adds gluten-free beer variant to its range
...Click here
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India: Latambarcem Brewers launch bottled craft beer brand MAKA di
...Click here
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Graph of the Week
Table of the Week
Canada Barley Supply and Disposition as of September 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
12 October
1492 - Columbus arrives in Bahamas (real Columbus Day)
1918 - 1st use of iron lung (at Boston's Children Hospital). The iron lung is called a negative pressure ventilator. It enables a person to breathe when normal muscle control has been lost
1935 - Luciano Pavarotti born in Modena, Italy
13 October
1884 - Greenwich established as universal time meridian of longitude
1971 - Intel Corp. goes public on NASDAQ
1987 - Walter H Brattain, U.S. physicist (transistors, Nobel 1956), dies at 85
14 October
1773 - The first recorded Ministry of Education, the Commission of National Education, is formed in the Polish-Lithuanian Commonwealth
1888 - Louis Le Prince films first motion picture: Roundhay Garden Scene
Agenda
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 - 05 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, HI: Kona Brewing officially returns being independent and privately owned
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Kona Brewing Co. operations in Hawaii officially returned being independent and privately owned last Tuesday, October 6. Going forward, Kona Brewing Co. will operate as Kona Brewing Hawaii, the West Hawaii Today reported on October 12.
“This is a very exciting time for our entire team in Hawaii,” said Billy Smith, general manager of Kona Brewing Hawaii. “For years, our team across the islands — which includes our brewers, restaurant workers, administrative personnel, sales and marketing staff have called Hawaii our home. Our newfound independence will allow us to put even more focus on our fans and communities throughout Hawaii, while also being able to brew fresh world-class beer locally thanks to our new 100,000- barrel brewery opening soon.”
The announcement follows the Department of Justice’s Antitrust Division approving in late September the acquisition of Kona Brewing Co. operations in the Aloha State by PV Brewing Partners. That arrangement paved the way for beer giant Anheuser-Busch to purchase Kona Brewing Co.’s operations outside Hawaii.
Construction on the new 30,000-square-foot brewery in Kailua-Kona is nearing completion, with the brewery scheduled to open later this year. The brewery and two Kona Brewing pubs employ more than 140 local residents. The growth of both the brewery
...More info on site
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Canada, AB: Harvest nearing completion in central Alberta
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Following continued progress on harvest efforts throughout central Alberta last week, some rain last Sunday put harvest to a halt in some areas, rdnewsnow.com reported on October 9.
Since last week, producers were able to combine an additional 19 per cent of their major crops. Overall, about 90 per cent of all crops are combined, with five per cent swathed and another five per cent still standing. About eight per cent of canola is in swath and six per cent standing.
For all crops, quality is said to be above their regional averages. About 95 per cent of hard red spring wheat, all durum wheat and 94 per cent of oats are graded in the top two grades.
Almost 50 per cent of barley is eligible for malt and 41 per cent graded as No. 1 feed. For canola, 88 per cent is graded as No. 1, and six per cent as No. 2. About 52 per cent of dry peas is graded as No. 1, 40 per cent as No. 2, seven per cent as No. 3 and one per cent as feed.
Fall seeded crops are rated as 2 per cent poor, 12 per cent fair, 84 per cent good and 2
...More info on site
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USA, WI: 414 Brewing Company plans to open in West Allis
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Cushman & Wakefield | The Boerke Company Inc. has filed a letter of intent with the City of West Allis to sell property at 6749-6751 W. National Ave., in the former Perfect Screw building and the land just east of the building, the Milwaukee Journal Sentinel reported on October 12.
That's where the 414 Brewing Company — brewery to be named later — hopes to open a brewery, taproom and beer garden, which is considered a manufacturing business, according to papers filed in the city.
The group 414 Brewing Co. is not the same as Vernacular which produces 414 branded beer.
Authorization of the sale is on the agenda for the Community Development Authority meeting at 8 p.m. Tuesday, October 13.
West Allis is currently home to Westallion Brewing, 1825 S. 72nd St. Another brewery, Layman Brewing, opens this month at 6001 W. Madison St., in the former Kokopelli's Pub space. It would be the second try for Layman owners Kyle Ida and Sarah Warran.
Originally Layman hoped to move to 7133 W. Becher St., the former home of Dave's Famous Pickles, but couldn't make the building work.
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USA, OR: Thunder Island Brewing Co. to celebrate opening of its new location
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Cascade Locks, Oregon’s Thunder Island Brewing Co. will simultaneously celebrate the grand opening of their new location and their 7th anniversary from October 12 to 18th, newschoolbeer.com reported on October 10.
Beloved for their Columbia Riverside location at the Port of Cascade Locks, Thunder Island Brewing has nearly completed their relocation to 601 NW Wa Na Pa St. With some improvements and the full reinstallation of the brewery still in progress, the taproom and restaurant is now open for business from 11 AM to 9 PM seven days a week.
The new 10,000 sq. ft. building has its own on-site parking lot, and two stories accessible from a main street staircase or elevator. On the first floor, Thunder Island is re-installing their 7bbl 2-vessel brewhouse with some new bells and whistles. A waiting area, check-in host station, with merchandise will soon offer cans and growler fills to-go.
On the second level a centerpiece wraparound bar sits near the top of the stairs. The adjacent dining room is open with sightlines down to the brewery and is flanked by six glass roll-up garage doors. A dog friendly second level patio offers a different, but elevated view of the Columbia River, Cascade
...More info on site
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USA, CA: Karl Strauss Brewing Company appears to have closed down
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Karl Strauss Brewing Company appears to have closed at CityWalk Hollywood, insideuniversal.net reported on October 9.
While no official announcement has been made, all signs point to its closure; including its removal from the CityWalk directory, the phone number being disconnected, the removal of the outside menus from the entrance, and tables and equipment that have been removed inside the restaurant.
The restaurant had been closed since March when CityWalk originally shut down due to the pandemic.
In 1989, Karl Strauss Brewing Company was the first craft brewery to open in San Diego in more than 50 years.
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EU: This season’s early malt exports to third countries below last year’s level so far
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According to Taxud data, in July – 28 September 2020 the EU maltsters exported 480 thousand tonnes of malt (barley equivalent) to third countries,
...More info on site
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World: World beer production up 0.5% in 2019
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After five years of receding output volume, there was a slight year-on-year increase in world beer production of 9.1 mln hl, or 0.5 %, to
...More info on site
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Asia Pacific: Beer market sees modest contraction in 2019 - report
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The Asia-Pacific beer market contracted modestly to $52.2 bln in 2019, shrinking by -1.8% against the previous year. This figure reflects the total revenues
...More info on site
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Germany: Carlsberg to acquire Wernesgrüner Brewery
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The Carlsberg Group will acquire Wernesgrüner Brewery, a traditional German brewery and beer brand from the Vogtland region of Saxony, Germany, BeverageDaily.com reported on
...More info on site
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Australia: Lion to permanently shut West End Brewery in Adelaide
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Australia's second-largest beer group, Lion, will permanently shut the 160-year-old West End Brewery in Adelaide in mid-2021, leaving the Japanese-owned company with just two
...More info on site
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 World: World hop crop 2019 the highest since 1993
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The 2019-20 growing year saw a worldwide increase in acreage under hops, crop volume and alpha acid volume, according to the latest BarthHaas hop
...More info on site
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UK: Barley crop the largest since 1988
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UK wheat production for 2020 was estimated at 10.133 million tonnes in provisional figures released by the Department for Environment, Food and Rural Affairs
...More info on site
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World: Grain and soybean market prices rise since last month
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Grain and soybean world market prices have risen by USD 10,-/25,- per tonne since last month. The early reason for firmer markets was the
...More info on site
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France: Wheat and barley sowing underway, farmers concerned about frequent showers
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Wheat and barley sowing is underway in France, with farmers facing frequent showers that have raised concern about a repeat of last year's campaign that saw torrential rain slash the crop area in the European Union's biggest grain grower, Successful Farming reported on October 9.
For soft wheat, France's main cereal crop, farmers had sown 6% of the expected area for next year's harvest as of October 5, farm office FranceAgriMer said.
That compared with 3% a week earlier and also 3% in the corresponding week last year, it said in a weekly cereal crop report containing its first sowing estimates for the season.
But this year's wheat sowing progress was slightly below the average of the past five years, the report showed.
For winter barley, 5% of the projected area had been drilled by October 5, less than 7% a year earlier and also lagging the five-year average, according to FranceAgriMer.
Heavy rain since late September has eased a summer drought that disrupted earlier rapeseed sowing, while also bringing back memories of a dire cereal sowing campaign last year when incessant rain led to a sharp fall in winter wheat and barley area.
After calmer weather mid-week, major northern grain belts are set for regular
...More info on site
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Japan & Taiwan: Kirin choses Taiwan as first destination for its craft beer export
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Kirin Holdings, a leading Japanese brewery, is set to start exporting craft beer using its small dispenser units, known as Tap Marche, which can serve up to four kinds of craft beer at a time, the Nikkei Asian Review reported on October 10.
The company has chosen Taiwan as the first destination for the export of Tap Marche. It aims to have its beer dispensers installed in 100 restaurants in Taiwan within the year by lending them free of charge.
Five different varieties of craft beer from Kirin's Spring Valley Brewery subsidiary will be offered at local Japanese, Taiwanese and other restaurants on the island. A serving, of almost 300 millilitres, will be priced at about 180 New Taiwan dollars ($6), which is about $1 more expensive than the beer of major local manufacturers.
Kirin, which is considering further overseas expansion, is currently carrying out market research focused mainly on Southeast Asia, and looking for the right time to make its next moves.
It hopes to harness demand among Taiwanese consumers, who have shown a strong appetite for new products. Imported beer and craft beer are popular in Taiwan, with imports accounting for 30% of the island's beer market.
Craft beer, which features various unique
...More info on site
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Malaysia: Most analysts don’t think Budget 2021 will bring a beer excise duty increase
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Brewers, among the hardest-hit businesses during the Movement Control Order (MCO) period, could face a protracted recovery from Covid-19 given the multiple challenges ahead, a key one being the possibility of an excise duty increase in Budget 2021, which will be tabled next month, The Edge Markets reported on October 13.
As it stands, however, most consumer analysts think the likelihood of a hike by the government is low.
This is because Malaysia’s alcohol excise duty, at RM175 per litre of alcohol by volume (ABV), is already the second-highest in the world. Raising it further would make product prices more expensive, which in turn would fuel the illicit market and result in lower tax collection for the government.
Brewers contribute more than RM2.2 billion in taxes annually. Illicit products — comprising contraband, counterfeit and unregulated beer — are still prevalent and make up 14% and 70% of the beer and stout market in Peninsular Malaysia and East Malaysia respectively.
Given the weak economic climate, the government is unlikely to raise the excise duty, UOB Kay Hian Research opines.
“However, it would not be too far-fetched for the authorities to entertain the idea of an excise duty hike as the last effective excise hike
...More info on site
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UK: Coors Light beer to be rebranded as Coors
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Molson Coors Beverage Company is to rebrand its Coors Light beer as Coors in the UK, paving the way for the launch of Coors Original next year, the Bar Magazine reported on October 12.
The company has announced a multi-million-pound investment that will build on the success of the ‘Keep it Fresh’ campaign.
It will be supported by new packaging and point of sale material, along with new glassware and dispense assets, which will be introduced to every outlet by the end of 2021.
Molson Coors will use the rebrand as a platform to expand the Coors family in the UK and across the rest of Western Europe.
Next year will see the launch of a new Coors product from the US, with the introduction of Coors Original, a “rich, golden lager” with a “more complex, fuller flavour”.
Sophie Jamieson, marketing controller for the Coors Family of brands at Molson Coors, said: “Coors has skyrocketed in popularity in recent years, becoming the leader of the premium 4% beer category, known for being a great tasting beer that always delivers on refreshment.
“Having reflected on the unique strengths of the brand, we saw an opportunity to maximise its potential. Our testing has shown that consumers love the
...More info on site
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Portugal: Super Bock adds gluten-free beer variant to its range
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Portuguese beer brand Super Bock has launched a gluten-free beer variant, which it says is one of the first to be approved by the Portuguese Coeliac Association (APC), ESM reported on October 12.
The new Super Bock Sem Glúten has been certified by the AOECS Standard for gluten-free foods and is now part of the permanent Super Bock range.
According to estimates from the Portuguese Coeliac Association (APC), about 1% of the Portuguese population, or approximately 100,000 people, have the condition.
The beer is made of all the natural ingredients used in other Super Bock beers, such as water, barley malt, unmalted cereals, and hops.
During the manufacturing process, the addition of a special enzyme separates and eliminates the potentially inflammatory nature of gluten, the company added.
The Super Bock Sem Glúten is the result of a joint research collaboration between the master brewers of the Super Bock Group and specialists from the Portuguese Coeliac Association, the company added.
The gluten-free beer is available in packs of 33cl across Portugal, in hypermarkets, supermarkets, and the HoReCa channel.
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India: Latambarcem Brewers launch bottled craft beer brand MAKA di
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Latambarcem Brewers of Goa has launched its bespoke bottled craft beer brand MAKA di, The Hindu BusinessLine reported on October 12.
The brewery has the capacity to produce 10,000 cases of beer a month, which would make it the largest ‘truly’ Indian craft beer producer. The brewery is unique with a first of its kind in-house R&D lab where the brewmasters work on 50-odd recipes at any given point of time.
MAKA di offers five different beer variants – Belgian Blanche, American Lager, Belgian Triple, Honey Ale and the Bavarian Keller. The ingredients for these have been sourced meticulously from various regions they are best known for. The sweet oranges in the Belgian Blanche come from the orange capital of the world - Valencia in Spain, the malts are sourced from Finland, Britain, and Germany, and the wild organic honey for the Honey Ale is sourced from the Jim Corbett National Park in Uttarakhand. The Triple Ale has been curated exclusively in partnership with Lupulus Brasserie in Belgium.
The label design with astronauts as the mascot is reflective of the playful and easy style of the beer.
Co-founder and CEO of Latambarcem Brewers, Aditya Ishan Varshnei, said, “The idea is to have 10 new
...More info on site
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