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E-Malt.com NewsLetter
Newsletter Summary

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 02b
January 14 - January 17, 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 15, 2021
Base Currency: Canadian Dollar
on January 15, 2021
      1 USD = 0.8230 EUR
1 USD = 0.7321 GBP
1 USD = 1.2669 CAD
1 USD = 1.2879 AUD
1 USD = 103.9100 JPY
1 USD = 5.2612 BRL
1 USD = 73.4583 RUB
1 USD = 6.4675 CNY
      1 CAD = 0.7892 USD
1 CAD = 0.5778 GBP
1 CAD = 0.6495 EUR
1 CAD = 1.0165 AUD
1 CAD = 82.0100 JPY
1 CAD = 4.1524 BRL
1 CAD = 57.9760 RUB
1 CAD = 5.1044 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news Mexico: Beer production, exports decline in January-October last year ...Click here
Brewery news USA, CA: Ghost Town Brewing planning second location in Oakland ...Click here
Brewery news USA, TX: D.G. Yuengling & Son to begin production of their Traditional Amber Lager in Texas by fall ...Click here
World News
Malt news France: Cooperative group InVivo in exclusive talks to acquire Soufflet Group, including its malt business ...Click here
Brewery news Ukraine: Beer and malt output decline in 2020 ...Click here
Brewery news Thailand & Singapore: ThaiBev revives plans to list regional beer assets through Singapore PO ...Click here
Brewery news Japan: Suntory unveils business strategy for 2021 ...Click here
Barley news Russia: Russia considers imposing export tax on barley and corn ...Click here
Brewery news South Africa: South African Breweries cancels further 2.5 bln rand investment following third local ban on alcohol sales ...Click here
Brewery news Hungary: Heineken awarded HUF270 mln grant to support upgrade of Sopron brewery ...Click here
Brewery news Japan: New beer by Sapporo Breweries to hit shelves next month despite typo on its cans ...Click here
Graph of the Week


Table of the Week

Australia Hops Area, Yields, and Production 2017-2020


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


14 January
1914 - Henry Ford introduces assembly line, for T-Fords
1935 - Oil pipeline Iraq-Mediterranean goes into use
1985 - British pound (£) sinks to record low-$1.11

15 January
1928 - 1st fully automatic photographic film developing machine patented
1987 - The New York Stock Exchange racks up daily volume of over a quarter-of-a-billion shares for the first time, as a total of 253.1 million shares are traded
2001 - Wikipedia, a free Wiki content encyclopedia, goes online

16 January
1868 - Refrigerator car patented by William Davis, a fish dealer in Detroit
1951 - World's largest gas pipeline opens (Brownsville Tx, to 134th St, NYC)

17 January
1792 - The birthday of the dollar sign ($), as it shows up for the first time on a federal document a U.S. Treasury bond issued to George Washington
1891 - Walter Eucken, German economist is born
1917 - US pays Denmark $25 million for Virgin Islands


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)

More events are available on site e-malt.com

News Articles


Brewery newsMexico: Beer production, exports decline in January-October last year
Mexico’s beer output over the first ten months of 2020 totalled 96.6 mln hl – 8.4% less than over the same period in 2019, ...More info on site


Brewery news USA, CA: Ghost Town Brewing planning second location in Oakland
In a time when many businesses are struggling, West Oakland’s Ghost Town Brewing is expanding. Last month, the craft brewery acquired a 10-year lease to property at 3506 MacArthur Blvd. in Oakland’s Laurel District, where they aim to open a taphouse and beer garden by the end of February. The property is the former location of chef Ryan Farr’s Oakland outpost of 4505 Burgers & BBQ, which operated on the spot for one year before the closure. Farr still owns the space, the Berkeleyside reported on January 13.

“They were one of our customers,” said Ryan Nosek, co-owner and co-founder of Ghost Town Brewing, “and now they’re our landlords.”

Farr shuttered 4505 at the end of July due to the loss of business during the pandemic, but had hoped to reopen the restaurant in spring 2021, according to the San Francisco Chronicle. Nosek is unsure why Farr decided not to reopen in the space, but is happy for the opportunity to expand and extend his own business.

“We always loved that space, thought it was a cool neighborhood, and it’s got a good beer garden vibe,” Nosek said. “And it’s completely outdoors, which bodes well for the pandemic, but even post-pandemic.”

“It’s unfortunate that ...More info on site


Brewery news USA, TX: D.G. Yuengling & Son to begin production of their Traditional Amber Lager in Texas by fall
The oldest brewing company in America has decided to begin production of their Traditional Amber Lager in Texas by fall 2021.

According to the Dallas Morning News, on Jan. 14, Pennsylvania brewery D.G. Yuengling & Son announced that by fall 2021 they will be producing and selling Yuengling in Texas.

The beer will be brewed at the Molson Coors facility in Fort Worth. Molson Coors partnered with D.G. Yuengling & Son last September in hopes of spreading the craft beer across the nation. They decided to go with Texas first.

“It’s a huge market; it’s a big beer-drinking state,” says Wendy Yuengling, chief administrative officer and sixth-generation family member.

Yuengling is already sold in produced in more than 20 states throughout the east coast. This will be their first chance of expanding west.

“Texas is bigger than our entire north region and the last eight states that we’ve launched, combined,” says Jen Yuengling, vice president of operations and the oldest of four sixth-generation Yuengling sisters.

Yuengling is the oldest brewing company in the nation. The company started in 1829 and is still brewing beer in their original location in Pottsville, PA.


Malt newsFrance: Cooperative group InVivo in exclusive talks to acquire Soufflet Group, including its malt business
Cooperative group InVivo has entered exclusive talks to acquire family-controlled Soufflet in a deal that would create one of Europe’s biggest agricultural businesses with ...More info on site


Brewery newsUkraine: Beer and malt output decline in 2020
Ukraine’s beer production totalled 17.97 mln hl last year, down 0.4% versus 2019, Ukrpivo reported on January 13.

The trade association does not include in ...More info on site


Brewery newsThailand & Singapore: ThaiBev revives plans to list regional beer assets through Singapore PO
Thai Beverage PCL has revived plans to list regional beer assets through a Singapore initial public offering (IPO) that could raise about $2 billion, ...More info on site


Brewery news Japan: Suntory unveils business strategy for 2021
In Japan, the beer market is expected to have shrunk around 9% from the previous year in volume, according to Suntory. Declines are expected to continue in 2021, albeit at a more moderate 3%, Suntory said in its recently released business strategy for 2021.

Suntory’s focus for this year is on quality and value for its three key brands, the company said.

Alcohol-free is a particular focus: sales volume for Suntory’s 0.0% ABV All-Free brand was 7.93 million cases in 2020 (up 8% year on year): a trajectory Suntory wants to continue in 2021. While well-established in Japan, the product has also launched in the US.

All-Free is a drink ‘combining modern technology with decades of brewing experience to create a crisp, light and refreshing beverage with zero calories and 0.00% alcohol, perfectly complementing an active and social lifestyle.’

The drink has been present in Japan since 2010, but relaunched in December with a new product and packaging. It also launched in the US in August.

Described as a ‘sparkling malt and hops beverage’, the drink uses Tennensui water (natural mineral water from Japanese forests) and natural ingredients, bypassing the fermentation process to create a specialty beer-like beverage.

In Japan, Suntory estimates that the ...More info on site


Barley newsRussia: Russia considers imposing export tax on barley and corn
Russia considers imposing a barley and corn export tax of 10 euros ($12) per tonne and 25 euro per tonne, respectively, two sources, familiar ...More info on site


Brewery news South Africa: South African Breweries cancels further 2.5 bln rand investment following third local ban on alcohol sales
South African Breweries, part of Anheuser-Busch InBev, has cancelled a further 2.5 billion rand ($165 million) of investment earmarked for 2021 following a third local ban on alcohol sales in the country, it said on January 15.

SAB’s cancelled investments in South Africa in relation to the ban now total 5 billion rand. In August, the maker of Carling Black Label and Castle Lager beer cancelled 2.5 billion rand of planned expenditure following a second alcohol ban.

South Africa has banned alcohol sales as part of efforts to free up space in hospitals burdened with alcohol-related injuries for COVID-19 patients.

As a result, more than 165,000 people in South Africa have lost their jobs and about 30% of local breweries have been forced to shut their doors permanently.

“Given the material impact that this third ban on the sale of alcohol has on our business and the possibility of further bans, we have no choice but to halt these investments for the foreseeable future,” SAB’s Vice President of Finance, Richard Rivett-Carnac said in a statement.

The cancelled investments relate to upgrades to operating facilities, product innovation, operating systems as well as the installation of new equipment at selected plants, the brewer said.

“This decision will impact ...More info on site


Brewery news Hungary: Heineken awarded HUF270 mln grant to support upgrade of Sopron brewery
Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó on January 12 awarded the local unit of Heineken a HUF 270 million grant to support a HUF 540 mln upgrade at its brewery in Sopron, the Budapest Business Journal reported.

Dutch-owned Heineken Hungária committed to preserve 465 workplaces and to buy 85% of its raw materials from local producers, Szijjártó said.

The investment will boost efficiency and expand the brewer's product portfolio, he added.

Heineken Hungária CEO Geert Swaanenburg said the company had not laid off a single worker even though its catering sector orders had dried up because of the pandemic.

Heineken Hungária had revenue of HUF 63.9 billion in 2019, public records show.


Brewery news Japan: New beer by Sapporo Breweries to hit shelves next month despite typo on its cans
A new Japanese beer will hit the shelves next month despite a misspelling on its cans as “lagar,” its maker Sapporo Breweries Ltd. has said, after the error set social media abuzz and drew consumer support, the Japan Times reported on January 14.

Many consumers shrugged off the major brewer’s mistake on the limited-edition cans instead of having printed the correct “lager.”

“Who cares? It’s too good to throw away,” one tweeted, while another, in a Twitter post, suggested, “Why not sell it as a ‘super limited’ misspelled edition?”

Buoyed by consumer support, Sapporo Breweries reversed its earlier decision and released a statement on January 13 saying it has decided to proceed with sales of the beer.

It has said the new beer uses the same traditional manufacturing methods as that of Kaitakushi Brewery, Japan’s first beer factory, which opened in 1876.The company caused a stir online last week after announcing a halt to sales of the product.

The beer was initially slated to go on sale on January 12. Sapporo Breweries said a last-minute inspection before shipping found the incorrect spelling on both the 350- and 500-milliliter versions.

While acknowledging the typo, it said, “There is no effect on the quality.”

The beer, co-developed with convenience ...More info on site


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