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RombBullet Industry news
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E-Malt.com Newsletter 03b
January 21 - January 24, 2021

Quote of the Week

Bad weather always looks worse through a window.
Tom Lehrer

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Currency Rates

Base Currency: US Dollar
on January 22, 2021
Base Currency: Canadian Dollar
on January 22, 2021
      1 USD = 0.8235 EUR
1 USD = 0.7293 GBP
1 USD = 1.2624 CAD
1 USD = 1.2877 AUD
1 USD = 103.4900 JPY
1 USD = 5.3152 BRL
1 USD = 73.6286 RUB
1 USD = 6.4607 CNY
      1 CAD = 0.7920 USD
1 CAD = 0.5776 GBP
1 CAD = 0.6522 EUR
1 CAD = 1.0199 AUD
1 CAD = 81.9700 JPY
1 CAD = 4.2097 BRL
1 CAD = 58.3148 RUB
1 CAD = 5.1170 CNY

Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA: Nonalcoholic beer sales up 38% in 2020 ...Click here
Brewery news USA, NY: Strangebird set to become Rochester's 13th brewery ...Click here
Brewery news USA, IA: Couple launches Maquoketa Brewing and sees incredible reception ...Click here
Brewery news USA, KY: Monnik Beer Co. opens the doors of its newest brewery in Louisville ...Click here
Brewery news USA, OH: More Columbus breweries have opened than closed, despite pandemic ...Click here
Brewery news USA, OR: Breakside Brewery moving forward with expansion ...Click here
World News
Brewery news Belgium: Trappist breweries facing shortage of new monks ...Click here
Brewery news South Africa: Heineken to cut 70 jobs and put new investments on hold ...Click here
Brewery news UK: Government under pressure to cut tax on draught beer ...Click here
Barley news South Africa: Wine grapes and barley growers in crisis due to alcohol sales ban ...Click here
Brewery news UK: Nothern Ireland pub owners pressured not to sell independently-brewed beer ...Click here
Graph of the Week

Table of the Week

EU Roasted Malt Exports

Table of the week.

Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

These Days in Business History

21 January
1846 - 1st edition of Charles Dickens' "Daily News"
1976 - Supersonic Concorde, 1st commercial flights, by Britain and France
1994 - Dow Jones passes 3900 (record 3,914.20)

22 January
1967 - The microwave oven is invented
1970 - 1st commercial Boeing 747 flight, New York to London in 6 hours

23 January
1849 - Patent granted for an envelope-making machine
1932 - The Reconstruction Finance Corp. is created under a law signed today by Pres. Herbert Hoover
1991 - World's largest oil spill, caused by embattled Iraqi forces in Kuwait

24 January
1902 - Denmark sells Virgin Islands to USA
1935 - 1st canned beer, "Krueger Cream Ale," is sold by Kruger Brewing Co
1984 - Apple Computer Inc unveil its Macintosh personal computer


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 news USA: Nonalcoholic beer sales up 38% in 2020
Nonalcoholic beer may finally be having a moment as between the pandemic and presidential election, jokes about getting blitzed at home have become commonplace. Sales numbers show nonalcoholic beer sales in the U.S. were up 38 percent in 2020 with $188 million in sales, according to market research company IRI.

While a number of factors, including a cultural fixation with wellness-related products, contribute to the surge in interest, chief among them is that nonalcoholic beers are better and more interesting now, the Tribune reports. Non-drinkers are no longer limited to O’Doul’s — companies ranging from craft operations like Athletic Brewing Co. to heavy hitters like Heineken are putting out booze-free IPAs, coffee stouts, Oktoberfests, and more.

Though this spike in popularity is exciting for non-drinkers looking to scratch the beer itch, nonalcoholic options constitute less than one percent of industry. Brewers like Big Drop CEO Rob Fink and Lagunitas Brewing CEO Paige Guzman see NA products as one option in their beverage arsenal rather than a full-time commitment, they told the Trib.

Brewery news USA, NY: Strangebird set to become Rochester's 13th brewery
Birds of a feather flock together, or at least that's how the old adage goes. But in the case of Rochester's newest brewery, Strangebird, that holds true, the Rochester Democrat and Chronicle reported on January 20.

Bound by a love of beer and a desire to do something different Strangebird is set to become the city's 13th brewery when it opens this month at 62 Marshall St. in the former Abundance Food Co-op space. And it will be the first to place a heavy emphasis on farmhouse ales, lagers, and an extensive wood-aging program.

At a place that will focus on mixed culture creations, the Strangebird team said the new brewery's collective culture will play a huge role in its success. The partnership of Micah and Dena Krichinsky, Eric Salazar, and Jeff Ching, along with chef Nate Stahl, is bound by a shared belief in patience, artistry, and process.

The Strangebird partnership brings together many of the brightest and best minds in hospitality and beer. Ching is a former partner is a number of well-established and loved Rochester restaurants. Salazar is a legendary figure in beer. Micah Krichinsky boasts one of the most impressive brewing résumés in this region.

"The vibe here is perfect," ...More info on site

Brewery news USA, IA: Couple launches Maquoketa Brewing and sees incredible reception
A magazine article listing the 11 things that showed a city was thriving prompted Mark and Judy Lyon to open Maquoketa Brewing, KCRG reported on January 21.

“I got to number 11 and it said that you had a brewery, which we did not have and it said maybe perhaps that was the number one biggest indicator of a thriving community,” Mark explained.

Even though he has been interested in home brewing for almost ten years, Mark said he never saw himself opening a brewery.

Still, he went to his wife with the idea.

“I said there were two things, ‘One, you have to have cider on tap because I like cider more than beer’, and two we had to have purse hooks for the women to hang their purses, so those were my two requirements,” Judy mentioned. Mark agreed to both and they set the ball rolling.

Between construction, marketing, and the pandemic, it took them two years to finally open.

Mark said the reception has been incredible.

“There was a huge pent up, local demand, but also people travel to visit breweries all the time, so we had literally every table that was available full almost every time we are open,” he said.

Wendy McCartt, executive ...More info on site

Brewery news USA, KY: Monnik Beer Co. opens the doors of its newest brewery in Louisville
After more than a year in development, Monnik Beer Co. has finally opened the doors at its newest brewery and taproom, the Louisville Business Report said on January 22.

Monnik, a popular Germantown brewer, just opened its second location on the other side of the Ohio River on Thursday. The company has taken over the former home of New Albanian Brewing Co.'s Bank Street Brewhouse at 415 Bank St. in New Albany, Indiana.

Co-owner Brian Holton said Monnik had been looking for a second location for quite a while when some friends involved in New Albanian told him they were looking to sell the brewhouse.

"We looked at it and we felt that downtown New Albany is a thriving, exciting place for restaurants," he said. "We thought it would be a good opportunity."

Holton said they were also attracted to the brewhouse because it had a turnkey, 15-barrel brewing system, which almost doubles Monnik's capacity. It also has given the brewery space to move its canning line over to New Albany.

Monnik acquired the property near the end of 2019 — just months before the coronavirus pandemic reared its ugly head and devastated the food and beverage industry. While Covid-19 did delay some contracting work ...More info on site

Brewery news USA, OH: More Columbus breweries have opened than closed, despite pandemic
The coronavirus pandemic devastated Ohio's bars and restaurants. Dozens of taverns, pubs and eateries have closed in central Ohio since the virus first reached the state in March, the Columbus Dispatch reported on January 22.

Craft breweries, however, are still opening at a healthy clip.

Since the pandemic reached the Buckeye State, nine breweries have opened in central Ohio and five have closed. Statewide, 47 opened and 15 closed.

The trend doesn’t necessarily mean that small breweries are thriving — although few would argue the coronavirus robbed Ohio of its appetite for craft beer. Most openings were in the works prior to the pandemic, as a craft brewery typically takes months or years to go from the drawing board to the grand opening.

An official tally from the Ohio Craft Brewers Association lists 10 openings in Franklin County and the surrounding counties during the pandemic, against six closures. However, the 1487 Brewery is on both lists because it closed its Alexandria taproom and moved to Plain City.

A delayed opening wasn't an option for most of the nine breweries that went online in the last year.

“These folks opening breweries have likely been in planning since pre-pandemic,” said Mary MacDonald, executive director of the Ohio Craft ...More info on site

Brewery news USA, OR: Breakside Brewery moving forward with expansion
Nearly everyone feared for Oregon's craft brewing community last year, the Willamette Week reported on January 21.

But as we head into 2021, a number of breweries are moving forward with expansions despite still facing COVID-19 serving restrictions.

Breakside Brewery is among those with the most ambitious projects, as The New School first reported. The Dekum-born brand is branching out to the suburbs and opening venues in Beaverton and Lake Oswego. It will also serve as the core beer bar at a developing food hall on Southeast 82nd Avenue.

That location, nestled among a collection of food carts and micro-restaurants, is scheduled to launch first. CORE, which stands for Collective Oregon Eateries, will put to use Breakside's Winebeergo, a 1973 RV retrofitted with a glycol chiller and draft lines that made its debut at the brewery's Milwaukie location to serve customers as that space was remodeled.

The Winnie, emblazoned with a retro orange, yellow and brown Breakside logo, was supposed to become a rentable attraction for weddings and other large events, but it's largely sat idle for the better part of a year due to the pandemic. In the next few weeks, you should be able to find it and the passenger-side taps flowing ...More info on site

Brewery newsBelgium: Trappist breweries facing shortage of new monks
Belgium’s world famous Trappist beers are under threat from a crippling shortage of new monks to replace its ageing brewing brothers, The Telegraph reported ...More info on site

Brewery news South Africa: Heineken to cut 70 jobs and put new investments on hold
The South African arm of Heineken will cut 70 jobs and put new investments on hold in the country due to the significant impact of bans on alcohol sales and COVID-19 trading restrictions, it said on January 20, Reuters reports.

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

About 30% of local breweries have been forced to shut their doors permanently and some, including Heineken, have abandoned planned investments.

Heineken employs just under 1,000 full time employees in South Africa where more than 165,000 people in the industry have lost their jobs since lockdowns started at the end of March.

The company said in a statement in light of the continued market pressure and in line with a global review by its Dutch parent company, it now finds it necessary to restructure its operations to build a business fit for the future.

“Prior to considering this action, the company implemented various cost mitigation measures throughout 2020,” Heineken South Africa Human Resources Director Yvonne Mosadi said.

“Unfortunately, given the ongoing challenging situation the company finds itself in, these measures are no longer adequate to manage and sustain ...More info on site

Brewery news UK: Government under pressure to cut tax on draught beer
The UK government is under pressure to cut tax on draught beer to “help pubs thrive” once COVID-19 restrictions end, Yahoo! Finance reported on January 21.

The Campaign for Real Ale (CAMRA) is calling for the March budget to lower the rate of duty on beer served on tap, in order to help pubs and restaurants compete with supermarket booze.

Reducing the tax on beer depending on how it is served is an option the government can take to support the industry now the UK has left the European Union.

CAMRA research suggests that even a “modest reduction” in beer tax could result in £26.6 mln ($36.4 mln) of additional expenditure on draught beer in public venues.

This would help many to rebuild their businesses, as well as “bringing alcohol consumption back to social settings – creating jobs and boosting the economy in the process”, the consumer body said.

This is just one of many measures CAMRA is urging the government to take to help pubs and restaurants in 2021.

The organisation has written to chancellor Rishi Sunak to ask him to consider a package of measures ahead of the March budget. These include:

• Ongoing, regular grant payments to help pubs and social clubs cover costs when ...More info on site

Barley news South Africa: Wine grapes and barley growers in crisis due to alcohol sales ban
The spill-over of the liquor ban to the agriculture sector is going to be serious, but the impact is yet to be determined, according to Agri SA executive director, Christo van der Rheede.

This followed a recent call to President Cyril Ramaphosa by the Liquor Traders’ Formation, which involved various role players in the liquor industry, to urgently meet with role players in the alcohol industry to end the COVID-19-related alcohol ban, the Business Standard reported on January 19.

In early January, Ramaphosa announced that the ban on the trade of alcohol would be upheld during the extension of Level 3 of the lockdown until 15 February. Van der Rheede told Farmer’s Weekly that the Office of the Presidency had acknowledged receipt of the request.

Van der Rheede said the industry was in crisis, with wine grapes, for example, not being processed due to a lack of wine storage facilities as a result of carry-over wine stock from last year.

Producers of other crops used in the production of alcoholic beverages, such as barley, which is used to make beer, have also been affected.

According to a statement released by Grain SA, brewing company AB InBev has already lowered its barley mandate from 458 000 ...More info on site

Brewery news UK: Nothern Ireland pub owners pressured not to sell independently-brewed beer
Some Northern Ireland pub owners have been pressured by large drinks firms not to sell independently-brewed beer, a local brewing company has alleged, the BBC reported on January 21.

Independent brewing companies have been giving evidence to a Stormont committee on new changes to Northern Ireland's licensing laws.

They say micro-breweries should be allowed to sell draught beer in so-called tap rooms.

The brewers also deny that they would be in direct competition with pubs.

Laurie Davies, from the Lacada Brewery in Portrush, County Antrim, said it was "a scandal" that breweries could not serve customers and tourists draught beer, when they were able to do so in towns across the Republic of Ireland.

He told Stormont's communities committee that some staff from major drinks firms were putting pubs under pressure not to serve micro-brewery beers.

"We have experienced, when we put a (draught beer) tap in bars, there have been reps from the macro (brewery) saying to the owners: 'Take that Lacada tap off or we will stop your discount'," said Mr Davies.

He said the large brewing companies had "locked" the smaller businesses out of the draught beer trade.

Committee chair Paula Bradley said members had heard previous evidence from Hospitality Ulster that if tap rooms ...More info on site

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