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E-Malt.com Newsletter 02a
January 11 - January 13, 2021
Quote of the Week
All human wisdom is summed up in two words; wait and hope.
Alexandre Dumas
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Currency Rates
Base Currency: US Dollar
on January 13, 2021 |
Base Currency: Canadian Dollar
on January 13, 2021 |
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1 USD = 0.8219 EUR
1 USD = 0.7358 GBP
1 USD = 1.2752 CAD
1 USD = 1.2940 AUD
1 USD = 104.1100 JPY
1 USD = 5.4396 BRL
1 USD = 74.0550 RUB
1 USD = 6.4647 CNY
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1 CAD = 0.7841 USD
1 CAD = 0.5770 GBP
1 CAD = 0.6445 EUR
1 CAD = 1.0147 AUD
1 CAD = 81.6400 JPY
1 CAD = 4.2652 BRL
1 CAD = 58.0661 RUB
1 CAD = 5.0689 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, TX: Mission Trail Brewery hoping to launch in Socorro by the end of February
...Click here
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USA, OR: Portland Brewing shutting its doors for good
...Click here
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USA, PA: Hanover’s Miscreation Brewing Company closing its doors for good
...Click here
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Japan: Kirin estimated to have ranked Japan’s top brewer for the first time in 11 years
...Click here
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World: Non-alcoholic beer market revenue to cross USD29 bln value by 2026
...Click here
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World: Barley trade forecast slightly up in USDA’s January report
...Click here
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Vietnam: AB InBev receives approval to merge Vietnam's SAB Beer
...Click here
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EU: Barley exports from July 2019 till January 10 total 3.8 mln tonnes vs year-earlier 4.16 mln
...Click here
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Nigeria: Heineken could soon launch full takeover bid for minority shares in Champion Breweries - report
...Click here
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Ethiopia: Boortmalt to double number of contracted malting barley growers in Ethiopia
...Click here
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India: Investigation finds "potential improper payments" by Carlsberg India in 2018
...Click here
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India: AB InBev’s super mild Beck’s Ice Premium Lager expected to have dual positive impact for the company
...Click here
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Graph of the Week
Table of the Week
Australia Hops Area, Yields, and Production 2017-2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
11 January
1757 - Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 - 1st American life insurance company incorporated, Philadelphia
1873 - 1st livestock market newspaper published, Drover's Journal, Chicago
12 January
1914 - Henry Ford announces that he will share the Ford Motor Co.'s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day
1970 - Boeing 747 makes its maiden voyage
1975 - Chrysler Corp offers 1st car rebates
13 January
1785 - John Walter publishes 1st issue of London Times
1942 - Henry Ford patents a method of constructing plastic auto bodies
Agenda
February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
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)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
08 - 09: Zurich Bier Festival 2021 (Zurich, Switzerland)
11 - 13: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
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)
News Articles
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USA, TX: Mission Trail Brewery hoping to launch in Socorro by the end of February
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El Pasoan Ricardo "Rick" Razo and his business partners had the name of their business venture before they found its location, the El Paso Times reported on January 12.
They knew they wanted to name it the Mission Trail Brewery when they started looking for a spot. And then they got a call about an old adobe building on Socorro Road.
"(The owner) told us about this place in Socorro. And I thought Socorro? But then we came and saw the history of the building and the aesthetic value and it's on the Mission Trail — it was perfect for our company," Razo said.
Razo and one of his partners, Travis Stoner, are hoping to have the brewery ready by the end of February. The brewery, at 10179 Socorro Road, is being promoted in a Kickstarter campaign to raise $5,000. So far, $1,135 has been raised.
"We saw the Kickstarter as a good opportunity for us to pre-promote before we open the doors and give everybody an opportunity to help back us and fund some of the projects we really want to do," Stoner said.
Stoner said they want to use the funds to renovate the back patio for entertaining, purchase a second fermenter for
...More info on site
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USA, OR: Portland Brewing shutting its doors for good
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One of the breweries from the groundbreaking class of the mid-'80s that helped put Portland on the map as a beer mecca is shutting its doors for good, the Willamette Week reported on January 11.
Portland Brewing announced on January 8 on its Facebook page that it would cease operations on Feb. 5. Twenty-seven employees will lose their jobs and receive paid severance.
Mary Beth Popp, vice president of brand and corporate communications for the company that owns Portland Brewing, Florida Ice & Farm Co., tells WW that the pandemic was not a factor, unlike so many other closures we've heard about this year.
"We wish there were an alternative. The history of the Portland brewery and its brands made this a very difficult decision," Rich Andrews, FIFCO USA's CEO, stated in a press release. "It just no longer made sense to sustain the operation given the brand footprint, competitive craft beer landscape, and capital investments needed to update the brewery."
Although the Portland Brewing and MacTarnahan's brands are coming to an end, Pyramid will live on. But those brews will not be produced locally—their new manufacturing hub is going to be in Rochester, N.Y.
Florida Ice & Farm Co. tells WW it has not
...More info on site
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USA, PA: Hanover’s Miscreation Brewing Company closing its doors for good
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After almost six years, Miscreation Brewing Company in Hanover has announced it will be closing its doors for good, the York Daily Record reported on January 10.
The craft brewery in downtown Hanover wrote on January 10 on its Facebook page that it would cease operations this weekend on Jan. 16 after facing irreversible financial burdens from the coronavirus pandemic.
"We understand although this will impact many of our faithful followers/patrons, we take solace in knowing we have fostered many friendships over the past 5-1/2 years that will last a lifetime," the Facebook page noted.
The brewery previously planned to close its doors this month while waiting for Gov. Tom Wolf's indoor dining restriction and additional mandates to be lifted.
However, clearly those plans have changed.
"We can’t express enough gratitude to our many employees/team members over the years for their dedication, contributions to the vision and ultimately the customer experience," the announcement notes. "Additionally, we are pleased that we were able to contribute to the revitalization of downtown Hanover and partner with Main Street to bring a vibrant experience to so many."
Central Pennsylvania diners had to say goodbye to a slew of restaurants and bars in 2020. And like Miscreation, most
...More info on site
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Japan: Kirin estimated to have ranked Japan’s top brewer for the first time in 11 years
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Kirin Holdings Co. is estimated to have ranked top in sales of beer and beer-like drinks last year, overtaking Asahi Group Holdings Ltd. for
...More info on site
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World: Non-alcoholic beer market revenue to cross USD29 bln value by 2026
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The non-alcoholic beer market revenue is anticipated to cross USD 29 billion by 2026, according to a new research report by Global Market Insights,
...More info on site
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World: Barley trade forecast slightly up in USDA’s January report
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World barley trade is expected to total 29.151 mln tonnes in 2020/21, up from 28.933 mln tonnes forecast in December and up from 28.421
...More info on site
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Vietnam: AB InBev receives approval to merge Vietnam's SAB Beer
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Anheuser-Busch InBev, the world's largest beer maker, has merged Vietnam's SAB Beer after having received the approval from the Ministry of Industry and Trade,
...More info on site
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EU: Barley exports from July 2019 till January 10 total 3.8 mln tonnes vs year-earlier 4.16 mln
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Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 13.61 million tonnes by Jan. 10, data
...More info on site
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Nigeria: Heineken could soon launch full takeover bid for minority shares in Champion Breweries - report
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Heineken B.V, the majority core investor in Nigerian Breweries Plc and Champion Breweries Plc, may soon launch a full takeover bid for minority shares
...More info on site
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Ethiopia: Boortmalt to double number of contracted malting barley growers in Ethiopia
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Boortmalt is planning to double the number of its local malting barley growers from 20,000 to at least 40,000, the New Business Ethiopia reported
...More info on site
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India: Investigation finds "potential improper payments" by Carlsberg India in 2018
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An investigation of alleged unlawful practices at Carlsberg India found "potential improper payments" to government officials and other regulatory lapses, its former auditor said
...More info on site
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India: AB InBev’s super mild Beck’s Ice Premium Lager expected to have dual positive impact for the company
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Multinational beer brewer AB InBev says the launch of a new super-mild beer in India will have dual positive impacts for the company: To both boost its low-and-no alcohol portfolio, while simultaneously adapting to local regulations, FoodNavigator-Asia.com reported on January 13.
The firm’s latest product is the Beck’s Ice Premium Lager, which is a ‘super mild’ beer containing less than 3.5% ABV, which is the industry’s first ever super mild beer according to the firm.
“With the introduction of Beck’s Ice Premium Lager, [we want to ] offer consumers the same smooth, refreshing taste of 100% pure malt beer [that Beck’s always has] with its low bitterness to consumers who prefer lower alcohol strength beer,” AB InBev President – South Asia Kartikeya Sharma told FoodNavigator-Asia.
“This introduction also further cements AB InBev’s Smart Drinking Goal to ensure that low and no-alcohol beers make up at least 20% of our global beer volume by 2025 thus, empowering consumers through choice to enjoy beer freely and responsibly.”
This low- and no-alcohol portfolio goal is Goal 3 amongst AB InBev’s list of four global Smart Drinking Goals, with the firm stating that providing more of such option is an ‘important way to help reduce harmful drinking’.
“Our ambition
...More info on site
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India: Beer set to get cheaper in Uttar Pradesh
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Beer is set to get cheaper in Uttar Pradesh with the government on January 9 announcing an excise duty slash on the brew in the next fiscal. From 280%, the duty is set to fall to approximately 200%, the Times of India reported.
Also, license fee has also not been increased for beer vends in the excise policy, which expects to mop up revenue of Rs 34,500 crore.
Cost of wine, low alcoholic beverages and foreign liquor is also set to dip with the government reducing Covid cess in these categories by almost half. “With neighbouring states neighbouring states withdrawing Covid cess, liquor in UP would have been more expensive. So, the cess has been reduced on wine, local alcoholic beverages and foreign liquor ,” a government order said.
Licence fee for all shops, except beer vends has been raised by 7.5%.
The policy puts an impetus on brewing beer and wine in the state to ensure minimal waste of grain and fruits.
Even now, grain and fruit go waste, leading to huge losses for farmers and these can be ploughed in to manufacture beer and wine in UP, which hasn’t happened before. Besides cutting wastage, the move will generate jobs and revenue,” said an
...More info on site
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