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RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 51b
December 17 - December 20, 2020


Merry Christmas and a Happy New Year!

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Currency Rates


Base Currency: US Dollar
on December 18, 2020
Base Currency: Canadian Dollar
on December 18, 2020
      1 USD = 0.8170 EUR
1 USD = 0.7367 GBP
1 USD = 1.2718 CAD
1 USD = 1.3134 AUD
1 USD = 103.1700 JPY
1 USD = 5.0727 BRL
1 USD = 72.9929 RUB
1 USD = 6.5322 CNY
      1 CAD = 0.7862 USD
1 CAD = 0.5792 GBP
1 CAD = 0.6423 EUR
1 CAD = 1.0325 AUD
1 CAD = 81.1100 JPY
1 CAD = 3.9881 BRL
1 CAD = 57.3857 RUB
1 CAD = 5.1355 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news Canada: Barley crop forecast almost unchanged from last year ...Click here
Brewery news USA, MI: Jolly Pumpkin Café & Brewery opens in East Landing ...Click here
Brewery news USA, MO: Old Bridgeview Brewing to open in a few weeks in Washington, MO ...Click here
Brewery news USA, IN: 3 Floyds Brewing Co. closing its flagship brewpub in Munster ...Click here
World News
Malt news EU: July-November malt exports down 5% yoy ...Click here
Brewery news UK: Brits spend an extra £2.1 bln on alcohol this year ...Click here
Barley news EU: Barley crop forecast to slightly decrease in 2020/21 ...Click here
Barley news World: China’s demand for grains and oilseeds expected to continue into next crop year ...Click here
Brewery news Japan: Suntory CEO says coronavirus crisis and other geopolitical risks won’t deter his company from overseas acquisitions ...Click here
Brewery news Australia: International beer brands category shows uptick despite growing focus on local ...Click here
Brewery news Ireland: Draft beer sales fall 57% in January-September ...Click here
Whisky news The Czech Republic: Sales of spirits fall by 38% in January-October ...Click here
Barley news China & Australia: China regrets Australia’s appeal to WTO over barley tariffs ...Click here
Brewery news Australia: Neither of Australia’s two major brewers paid corporate tax last year ...Click here
Graph of the Week


Table of the Week

UK Hops Area, Yields, and Production 2018-2019


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


17 December
1770 - Ludwig Von Beethoven, composer is born in Bonn, Germany
1895 - George Brownell patents a machine to make paper twine (Mass)
1924 - 1st U.S. diesel electric locomotive enters service, Bronx, New York
1964 - Largest newspaper-Sunday NY Times at 946 pages

18 December
1796 - 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 - Lujo [Ludwig J von] Brentano is born (German economist)
1897 - Fernand J Collin is born, Belgian economist/banker
1973 - The Islamic Development Bank is founded
1991 - General Motors announces closing of 21 plants
1997 - HTML 4.0 is published by the World Wide Web Consortium

19 December
1795 - 1st state appropriation of money for road building, Kentucky
1989 - American Airlines purchases Eastern Airline's Latin American route
1997 - Masaru Ibuka co-founder Sony Corporation, dies at 89

20 December
1790 - The first mechanized textile mill in the U.S. opens in Pawtucket, R.I. Built by Samuel Slater
1803 - Louisiana Purchase formally transferred from France to US for $27 million
1966 - The transmission of trades and quotes from the floor of the New York Stock Exchange is fully automated for the first time
1996 - NeXT merges with Apple Computer, starting the path to Mac OS X


Agenda

February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
12 - 14: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
23 - 24: IBD Asia Pacific Convention 2021 (Perth, Australia)

March 2021:
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
16 - 16: Beviale Mexico 2021 (Online)
23 - 23: Beviale Mexico 2021 (Online)
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
30 - 30: Beviale Mexico 2021 (Online)

April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
11 - 13: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
17 - 21: HoReCa 2021 (Athens, Greece)
18 - 20: EBC Symposium 2021 (Rome, Italy)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
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)
18 - 21: Beer 2021 (Sochi, Russia)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
25 - 26: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)

June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)

July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)

August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)

September 2021:
18 - 03 October: Oktoberfest 2021 (Munich, Germany)

October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)

November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)

More events are available on site e-malt.com

News Articles


Barley newsCanada: Barley crop forecast almost unchanged from last year
The latest Canadian barley S&D balance (STC + AAFC) puts the crop at 10.255 mln tonnes, about unchanged from last year, H. M. Gauger ...More info on site


Brewery news USA, MI: Jolly Pumpkin Café & Brewery opens in East Landing
After suffering delays from construction and the pandemic, Jolly Pumpkin Café & Brewery has finally found some footing in East Lansing. It’s another part of the Center City District project to come to fruition, along with Target and Barrio Tacos, the City Pulse reported on December 17.

Jolly Pumpkin, which specializes in sour craft beers and gourmet pub food, is one of many brewing entities underneath the Michigan-based brewing conglomerate Northern United Brewing Co. It has locations all around Michigan, but Northern United Brewing’s CEO, Tony Grant, has reason to be especially invested in East Lansing, after all, he played football for the Spartans.

Originally scheduled to open its doors in the fall of 2019, it was pushed back due to the construction of the Center City District development and then halted once again to mid-October due to the coronavirus pandemic. Jolly Pumpkin marketing manager Megan Worden said MSU students and East Lansing townies have been welcoming after their long wait.

“We wanted to open a Jolly Pumpkin in East Lansing for quite some time. Grant always had his sights set on East Lansing, he’s obviously a big MSU fan. We just needed the right location,” Worden said. “We actually opened without our ...More info on site


Brewery news USA, MO: Old Bridgeview Brewing to open in a few weeks in Washington, MO
The St. Louis area's newest brewery, Old Bridgeview Brewing, is hoping to change the beer game with its community focus when it opens in a few weeks at 16 East Front St. in Washington, Missouri, the Sauce Magazine reported on December 17.

“The historic downtown Washington group wanted to help us find a location, and we ended up meeting Ed and Linda Mroz, the owners of this building, and we really hit it off with them,” said co-owner Tony Willson, who has about 20 years of homebrewing experience and also had the opportunity to work (for fun) alongside Dave Johnson of Missouri Beer Co. and Steve and Libby Crider of 2nd Shift Brewing. “We have great views of the river, and these great big garage doors so we can open up our inside to the outside. It's a really cool spot. You used to be able to see the old Hwy. 47 bridge, but they tore it down last summer while we were planning for the brewery.”

Unlike a traditional co-op where contributors put money into the business in exchange for their products to be sold, Old Bridgeview will pay homebrewers for their beer while providing opportunities to “community brewers that just ...More info on site


Brewery news USA, IN: 3 Floyds Brewing Co. closing its flagship brewpub in Munster
One of the largest craft breweries in the Hoosier state is closing its flagship brewpub in Munster, the Inside Indiana Business reported on December 16.

In a letter to investors, 3 Floyds Brewing Co. says the brewery will continue to produce its beer and spirits, as well as packaged food items and merchandise, which will still be available for curbside pickup in the Lake County city.

The Times of Northwest Indiana reported the decision was announced in a letter to investors.

"As many of you know, this pandemic has not been kind to the restaurant industry, and we are no exception," the letter said. "As of December 1, 2020, we have decided to permanently close 3 Floyds Brewpub. This decision was not easy for us, but at the end of the day, the safety of our customers and staff will always be our top priority."

The brewpub first closed in March at the beginning of the pandemic and 3 Floyds notified the state that it was furloughing 49 employees. The brewery decided not to reopen the facility in May when in-person dining was allowed to resume, according to The Times.

3 Floyds has been rated the No. 1 craft brewery in the ...More info on site


Malt newsEU: July-November malt exports down 5% yoy
According to Taxud data, EU malt exports (UK excluded) in July 1 – November 29 were 1.08 mln tonnes in barley equivalent, 5% less ...More info on site


Brewery news UK: Brits spend an extra £2.1 bln on alcohol this year
Booze-drinking Brits spent an extra £2.1 bln on alcoholic beverages this year as they stocked up on lager, wine and spirits while pubs were closed during lockdown, City A. M. reported on December 18.

Despite its name, Corona was one of the lager brands to toast the largest growth, with sales up £68 mln compared to last year.

Lager was the fastest growing drink of choice during the pandemic, up £791.9 mln to be worth £4.4 bln, with Stella Artois, Budweiser and San Miguel also making the top ten products in 2020.

Meanwhile wine and spirits grew £717.4 mln and £566.8 mln respectively, as drinkers hit the supermarkets while pubs and restaurants were closed or were facing strict restrictions.

Tobacco sales grew £971.9 mln, with a £684.4 mln increase in rolling tobacco, according to research by data analytics firm Nielsen.

The meat category was another big winner, up £438.9 mln, driven by a £161.8 mln growth in beef sales.

That was followed by sausages, up £125.9 mln, and chicken, up £120.4 mln, as people cooked roast dinners and BBQs at home while eating out was not an option.

Personal care brands were the biggest losers of 2020, with cosmetics, hair styling, toothbrushes and deodorant shedding ...More info on site


Barley newsEU: Barley crop forecast to slightly decrease in 2020/21
The EU Commission’s barley supply & demand balance report of November 26 forecasts the EU-27 crop at 54.188 mln tonnes, slightly down from 55.024 ...More info on site


Barley newsWorld: China’s demand for grains and oilseeds expected to continue into next crop year
China’s actions – more than all other market factors – have moved world markets up by an average of US$30-40 since early September, H. ...More info on site


Brewery newsJapan: Suntory CEO says coronavirus crisis and other geopolitical risks won’t deter his company from overseas acquisitions
The chief executive of Japanese beverage maker Suntory Holdings said on December 17 the coronavirus crisis and other geopolitical risks would not deter his ...More info on site


Brewery news Australia: International beer brands category shows uptick despite growing focus on local
Despite the growing focus on local, international brands remain important to the Australian beer market and new figures have shown an uptick in the category during COVID-19, the Brews News reported on December 18.

When Carlton & United Breweries announced new multi-million-dollar advertising campaigns for Asahi Super Dry and Peroni Nastro Azzurro earlier this year, it highlighted the brewer’s commitment to these international brands, and for good reason.

Asahi Super Dry and Peroni have shown growth in recent years and sales surged during COVID-19. According to figures from big data and consumer insights specialist IRI, Asahi Super Dry sales grew 34 per cent in the period, whilst Peroni jumped 10.6 per cent.

Kym Bonollo, CUB’s head of international and craft beer, said that investing in these particular portfolio brands (in addition to its heritage brands like VB and Foster’s) was an easy decision.

“We wanted to capitalise on the [Asahi Super Dry’s] strong momentum over the past 12 months –more than 10 per cent growth in the off-prem in that time – plus it’s a crisp and refreshing beer perfect for this time of year.

“Peroni is similarly well-suited to the warmer months. It’s also performing well and is synonymous with summer style, making this ...More info on site


Brewery news Ireland: Draft beer sales fall 57% in January-September
Draught beer sales fell 57% between January and September of this year in Ireland, with Covid-19 restrictions resulting in extended closures of wet pubs and the hospitality sector, the Irish Examiner reported on December 17.

Drinks Ireland|Beer, the Ibec trade association which represents beer producers in Ireland, said sales of beer were down 15% between January and September 2020, compared to the same period last year.

The figures for draught beer sales were particularly sobering, down 57% during the nine month period, and down 93% during April, May and June when the country was in lockdown.

Jonathan McDade, Head of Drinks Ireland|Beer said despite some commentary to the contrary, these figures show consumption declined as a result of Covid-19 and the closure of pubs.

"Ireland’s beer sector has been hit particularly hard by Covid-19, because of the large proportion of beer usually consumed in the on-trade in Ireland," he added.

According to Drinks Ireland|Beer, around 63% of beer is usually sold in the on-trade in Ireland. This compares to a European average of 30%.

“This data demonstrates the knock-on impact that closures have had, not only on hospitality venues but also on their many suppliers and the wider business ecosystem in which they ...More info on site


Whisky news The Czech Republic: Sales of spirits fall by 38% in January-October
The repeated closure of hotels and restaurants due to anti-coronavirus measures, along with the absence of foreign tourists, continue to negatively impact alcohol sales on the Czech market. Sales of spirits in from January through October fell by 38 percent in annual terms, according to recent data, Radio Prague reported.

E15 reports that total revenues from the sale of spirits in gastronomy decreased by 2.2 billion crowns. Despite a significant decline in sales, however, the Czech state collected "only" 240 million crowns less in excise duty on spirits in January to October compared to the same period in 2019. This is mainly due to an increase in the excise tax on spirits by 13.2 percent from 1 January 2020.

"The closure of the HORECA sector (hotels, restaurants, catering and cafés) segment in the run-up to Christmas is a big blow for us. In gastronomy usually approximately 50 percent of the total consumption of spirits is sold,” Vladimír Darebník, Executive Director of the Union of Producers and Importers of Spirits in the Czech Republic said.

“These losses are not able to compensate even slightly higher sales in retail… While beer and wine consumers have switched heavily to buying these beverages at retail, the increase ...More info on site


Barley newsChina & Australia: China regrets Australia’s appeal to WTO over barley tariffs
China on December 17 expressed regret over Australia’s appeal to the World Trade Organization (WTO) on China’s barley tariffs, the commerce ministry said, adding ...More info on site


Brewery news Australia: Neither of Australia’s two major brewers paid corporate tax last year
In the latest corporate tax disclosures from the Australian Tax Office, it was revealed that neither of Australia’s two major brewers paid corporate tax last year, the Brews News reported on December 16.

According to the disclosures, of the four brewing-related businesses listed neither Lion nor Carlton and United Breweries’ then-parent company AB InBev paid tax in the 2018-19 period.

ABI Australia Holdings, trading as AB InBev, is reported as having total revenues of A$4.4 billion, of which A$320.4 million was taxable income, but paid no corporate tax.

This is the sixth consecutive year that AB InBev has not paid this tax in Australia.

Kirin-owned competitor Lion Pty Ltd paid tax for every year that the ATO has undertaken the report except for the 2016-17 period. Back then, Lion changed its year-end from 30th September to 31st December, so it was not required to file the ATO’s forms, according to the brewery.

However Lion has not paid tax in the 2018-19 year, despite revenues totalling A$3.3 billion with taxable income of just under A$10 million.

According to a Lion spokesperson, the company’s tax payable was A$3 million, which they said equated to 30 per cent of its A$10 million taxable income.

“This was reduced by A$3 million ...More info on site


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