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E-Malt.com Newsletter 44b
October 29 - November 01, 2020
Quote of the Week
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Helen Keller
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Currency Rates
Base Currency: US Dollar
on October 30, 2020 |
Base Currency: Canadian Dollar
on October 30, 2020 |
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1 USD = 0.8540 EUR
1 USD = 0.7715 GBP
1 USD = 1.3322 CAD
1 USD = 1.4199 AUD
1 USD = 104.4400 JPY
1 USD = 5.7582 BRL
1 USD = 79.0437 RUB
1 USD = 6.7116 CNY
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1 CAD = 0.7505 USD
1 CAD = 0.5790 GBP
1 CAD = 0.6409 EUR
1 CAD = 1.0657 AUD
1 CAD = 78.3800 JPY
1 CAD = 4.3217 BRL
1 CAD = 59.3247 RUB
1 CAD = 5.0372 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: September beer shipments virtually the same as last year, but January-September sees 0.9% decline
...Click here
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USA: Consumption of alcohol-free beer and mocktails increases since the start of COVID-19
...Click here
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USA, PA: Mondays Brewing opening in Peters on October 31
...Click here
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USA, FL: Mocama Beer Company hoping to launch within the next two weeks
...Click here
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USA, VA: Wasserhund Brewing Company to open second location in Chesapeake in June 2021
...Click here
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World: AB InBev reports surprise rise in sales but earnings decline in Q3
...Click here
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Brazil: Ambev’s beer volume surges 25% in the third quarter
...Click here
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World: Molson Coors registers rise in third-quarter net income despite falling net sales
...Click here
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China: Tsingtao Brewery sees 15.2% increase in nine-month net profit
...Click here
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Black Sea: Barley crop estimated at up to 20.5 mln tonnes for Russia, 7.9 mln for Ukraine
...Click here
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Japan: Craft brewers forced to turn unsold beer into gin
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
29 October
1929 - The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression
1947 - Belgium, Luxembourg and Netherland form Benelux Union
1952 - Sweden begins experimental TV
2008 - Delta Air Lines merges with Northwest Airlines, creating the world's largest airline and reducing the number of US legacy carriers to five
30 October
1894 - Daniel Cooper patents time clock
1987 - August A Busch III becomes CEO of St Louis Cards
1989 - Mitsubishi Estate Co. agrees to pay $846 million for 51% of Rockefeller Center in New York City; by 1996, the Mitsubishi affiliate is so financially troubled that it sells Rockefeller Center for less than $400 million
31 October
1904 - King Camp Gillette patents the safety blade and razor
1938 - Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980
1952 - TV broadcasting begins in Belgium
2011 - The global population of humans reaches seven billion. This day is now recognized by the United Nations as Seven Billion Day
01 November
1512 - Michelangelo's paintings on ceiling of Sistine Chapel, 1st time exhibited
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
1894 - Vaccine for diphtheria announced by Dr Roux of Paris
1982 - Honda becomes the first Asian automobile company to produce cars in the United States with the opening of its factory in Marysville, Ohio. The Honda Accord is the first car produced there
1993 - The Maastricht Treaty takes effect, formally establishing the European Union
Agenda
October 2020:
30 - 05 November: Brussels Beer Challenge 2020 (Brussels, Belgium)
November 2020:
10 - 12: Brau Beviale 2020 (Online)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
18 - 22: Mondial de la Biere Rio 2020 (Online)
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: September beer shipments virtually the same as last year, but January-September sees 0.9% decline
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The US Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for September 2020 on October 29.
The September 2020 estimate is 14,800,000 barrels, which is virtually the same as the September 2019 removals of 14,796,000 barrels.
The year-to-date estimate is 126,551,000 barrels versus 127,665,663 barrels in January-September 2019 (minus 0.9%).
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USA: Consumption of alcohol-free beer and mocktails increases since the start of COVID-19
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How is the alcohol-free category emerging in the US? Heineken USA recently conducted a survey of millennials to find out – which revealed that 52% of respondents have increased consumption of alcohol-free beer and mocktails since the start of COVID-19, BeverageDaily.com reported on October 30.
And 43% of those surveyed said they had tried alcohol-free beer for the first time since the start of COVID-19; while 61% have had alcohol-free beer during COVID-19 because they want to cut down their alcohol intake.
The Dutch brewer launched alcohol-free Heineken 0.0 in the US last year, following on from its European launch in 2017. While Heineken saw brand Heineken volumes decline 2.5% during the first six months of the 2020 – hit like many other brands as a result of the pandemic – Heineken 0.0 grew double digit with the company noting particular strength in the US.
Its US survey of millennials sought to shed light on the category in the US to track the alcohol-free trend.
Heineken USA surveyed 2,000 Americans aged 21-39 in September and October to see how drinking and wellness habits have changed. The average respondent in this group exercised four times a week; highlighted the importance of having a work/life
...More info on site
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USA, PA: Mondays Brewing opening in Peters on October 31
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Mondays Brewing, named for the day of the week when many breweries and other hospitality businesses are closed or quiet, is opening Saturday, October 31 on Route 19 in Peters. A ribbon-cutting ceremony was held there, fittingly, on Monday, November 2, the Pittsburgh Post-Gazette reported.
The little brewery and taproom is a side hustle for Washington & Jefferson College computing and information studies professor Sam Fee, PhD., who lives in Peters. Some of his students helped him completely re-plumb and renovate this storefront in one of the many plazas on this stretch of the South Hills, which doesn’t have another brewery.
He wants it to be Peters’ “neighborhood brewery.” It’s a cozy spot, with a capacity of 79 people, so about 40 may be inside with COVID-19 restrictions. There’s also outdoor space for about 40 more on the side and at the front entrance.
Mr. Fee is working, with assistant brewer and local journalist Mike Jones, in the 5-barrel brewhouse and they have a half-barrel pilot system for smaller batches. Ashley Mikelonis is managing the taproom, where the tap handles are marked with the days of the week. When they have enough beer, there will be a special for each day.
“I
...More info on site
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USA, FL: Mocama Beer Company hoping to launch within the next two weeks
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Telling the story of Mocama, the coastal region that stretches from what is now southern Georgia down through the Okefenokee Swamp to the west coast of Florida, Hamp Tanner says the word means coast or ocean, the Fernandina Beach News-Leader reported on October 28.
“Mocama is where you live, where you are, and it’s the people who live here,” he explained. “Mocama people living in a Mocama place have a Mocama lifestyle.”
It’s also part of the name of a new venture Tanner recently helped launch: Mocama Beer Company, a locally owned and operated brewery making beer for local distribution. Currently, the company is selling its beer through North Florida Sales in kegs and on tap at local restaurants, as well as a few beers in cans at local retailers. Mocama’s beers will soon also be served in the company’s taproom at 629 S. Eighth St. in Fernandina Beach.
Co-founder, president, and chief financial officer, Tanner explained Mocama is neither a brewpub nor a restaurant but a brewery with a taproom occupying the front of the mid-century building that once housed Lasserre Motor Company, a Ford dealership that opened in 1953.
“Throughout our renovation and repurposing of the iconic building, we have done
...More info on site
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USA, VA: Wasserhund Brewing Company to open second location in Chesapeake in June 2021
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Wasserhund Brewing Company has leased 4,000 square feet of prime, street-level space at Summit Pointe, in Chesapeake’s Central Business District. The second location for the brewery, located at 510 Belaire Avenue, is scheduled to open in June 2021, Brewbound reported on October 29.
The company’s first brewery opened in 2015 in Virginia Beach, and the company just celebrated its five-year anniversary. Wasserhund, meaning water dog in German, has created a strong following among beer lovers with a taste for authentic German-style beer and unique pizza.
The new brewery at Summit Pointe will feature its signature pizza and high-quality ales and lagers along with a chill, family friendly environment that celebrates the German beer culture. Its most popular beers include German Shepheweizen, a German-style hefeweizen; Unleashed Boysenberry Gose, a fruited gose; Purebred Pilsner, a German-style pilsner; and Doggy Paddle IPA, a West Coast IPA.
The founders, Aaron and Christine Holley, both military brats and chemical engineers from Virginia Tech, met and fell in love at Kellam High School in Virginia Beach. One trip to Oktoberfest in Munich motivated them to start home brewing and eventually to open the brewery at 1805 Laskin Road.
Wasserhund’s mission is to encourage people to eat, drink and enjoy good
...More info on site
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World: AB InBev reports surprise rise in sales but earnings decline in Q3
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Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped as the shift to drinking at home pushed up
...More info on site
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Brazil: Ambev’s beer volume surges 25% in the third quarter
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An emergency stipend provided by the Brazilian government to help informal workers weather the pandemic has also been helping boost beer consumption in Latin
...More info on site
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World: Molson Coors registers rise in third-quarter net income despite falling net sales
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Molson Coors has registered a rise in net income in its third-quarter results, despite falling net sales in both the US and its international
...More info on site
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China: Tsingtao Brewery sees 15.2% increase in nine-month net profit
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Tsingtao Brewery Co. reported a 15.2% increase in its nine-month net profit, mainly due to a drop in credit impairment losses, but revenue remained
...More info on site
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India: Carlsberg posts 30% drop in volume in India
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Carlsberg has posted a 30 per cent drop in volume in India and described the market as highly uncertain and volatile due to high
...More info on site
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Black Sea: Barley crop estimated at up to 20.5 mln tonnes for Russia, 7.9 mln for Ukraine
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Crop estimates vary much, but Russia fared better with good crops in all regions except the south and Siberia, while most of Ukraine was
...More info on site
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Japan: Craft brewers forced to turn unsold beer into gin
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This was going to be a big year for Japan. With the Summer Olympics due to be hosted in Tokyo, the island nation expected 40 million tourists to grace its shores, CNN reported on October 23.
But when Covid-19 took hold, the Olympics were postponed and the already struggling economy took a further battering.
With bars and restaurants suffering a significant reduction in business, beer sales in Japan dropped 26% by volume for the first half of the year, according to Bloomberg.
That's a big problem for small beer breweries, says Isamu Yoneda, head distiller at artisanal drinks maker Kiuchi Brewery. With few customers in its brewpubs, and export orders canceled, Kiuchi Brewery was left with a stockpile of spoiling beer.
The company had to come up with a solution — and decided to turn the unsold beer into a different alcoholic beverage.
In April, Kiuchi Brewery launched the "Save Beer Spirits" campaign at its Tokyo distillery, offering local bars and breweries the chance to turn unused beer, a product with a four to six-month shelf life, into gin — a product without an expiration date.
In 1994, Japan relaxed its strict laws around microbrewing, sparking a boom in craft beer.
While overall beer sales in Japan
...More info on site
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