|
Newsletter Summary
Last five graphs
Note: All graphs issued with e-malt.com newsletters
are published in "Graph" section
of e-malt.com site.
Last five tables
All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.
Last five prices evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 11a
March 15 - March 17, 2021
Quote of the Week
Keep your eyes on the stars, and your feet on the ground.
Theodore Roosevelt
|
You are one of the
54,000 professionals of the brewing and malting industries
from
195 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: US Dollar
on March 17, 2021 |
Base Currency: Canadian Dollar
on March 17, 2021 |
| |
1 USD = 0.8390 EUR
1 USD = 0.7207 GBP
1 USD = 1.2465 CAD
1 USD = 1.2913 AUD
1 USD = 109.0700 JPY
1 USD = 5.6069 BRL
1 USD = 72.8122 RUB
1 USD = 6.5006 CNY
|
|
1 CAD = 0.8021 USD
1 CAD = 0.5781 GBP
1 CAD = 0.6729 EUR
1 CAD = 1.0357 AUD
1 CAD = 87.4900 JPY
1 CAD = 4.4974 BRL
1 CAD = 58.4040 RUB
1 CAD = 5.2143 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA, WI: City Brewing being purchased by a consortium of investors
...Click here
|
|
USA: Molson Coors beginning to brew beer again after cyberattack
...Click here
|
|
USA, CA: Crow & Wolf Brewing Co. launches in Clovis
...Click here
|
|
USA, TN: Star Spangled Brewing Co. opens new downtown location in Clarksville
...Click here
|
|
USA, MI: Saucy Brew Works new craft brew spot in Detroit
...Click here
|
|
USA, OH: Hoptometry Brewing Company to become Tiffin’s third brewery in 2022
...Click here
|
|
USA, MO: White River Brewing Company changing ownership
...Click here
|
|
USA, CO: An estimated 33 Colorado-based breweries shut down in 2020
...Click here
|
|
Russia: Beer production up 5.8% in January-February this year
...Click here
|
|
Ukraine: Beer and malt production decline in January-February this year
...Click here
|
EU & UK: Barley production still forecast at 61.5 mln tonnes
...Click here
|
|
UK: 2,000 pubs permanently closed and some £8.2 billion in beer sales lost last year
...Click here
|
|
Japan: Pandemic propelling an unexpected boom in alcohol-free beer
...Click here
|
|
China: Pace of 2020/21 barley imports and early new crop purchases suggest high demand continuing in 2021/22
...Click here
|
|
Russia & Ukraine: Barley exports in July-February 2020/21 around 4 mln tonnes for each country
...Click here
|
|
France: Growing conditions for soft wheat, barley remain favourable
...Click here
|
|
Australia: Barley farmers meaningfully break into Saudi market for the first time in five years
...Click here
|
|
Ukraine: Barley prices exceed those of hight quality milling wheat thanks to demand from China
...Click here
|
|
Australia & China: Australian government takes next step in China WTO barley action
...Click here
|
|
Ukraine: 100% of winter barley crop in good condition
...Click here
|
|
World: Tequila Regulatory Council in two legal proceedings against Heineken for using tequila’s name in beer
...Click here
|
Graph of the Week
Table of the Week
UK Unroasted Malt Exports 1995 - 2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 March
1817 - The New York Stock Exchange officially prohibits the "fictitious sales," or wash sales, that had enabled speculators to manipulate individual stocks without even owning them
1827 - University of Toronto is chartered
1892 - 1st escalator patented by inventor Jesse W. Reno (New York City)
1906 - Rolls-Royce Limited is incorporated
1933 - Polythene discovered by Reginald Gibson and Eric William Fawcett
1935 - Percy Shaw founded his company Reflecting Roadstuds Limited to make cat's eyes
1985 - The first Internet domain name is registered
16 March
1915 - United States Trade Commission organizes
1933 - President Franklin D. Roosevelt takes the U.S. off the gold standard, removing the yellow metal from coinage and circulation, even banning it as a collectible
1987 - IBM releases PC-DOS version 3.3
2014 - Crimea votes in a controversial referendum to secede from Ukraine to join Russia
17 March
1845 - Bristol man, Henry Jones, patents self-raising flour
1968 - 2-tiered gold price negotiated in Washington D.C. by U.S. and 6 European nations
1997 - CNN begins spanish broadcasts
Agenda
March 2021:
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
16 - 16: Beviale Mexico 2021 (Online)
23 - 23: Beviale Mexico 2021 (Online)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
12 - 14: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
20 - 20: EBC Symposium 2021 (Online)
27 - 29: 1st VLB International Craft Brewing Conference (Online)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 20: Beer 2021 (Sochi, Russia)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
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:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
24 - 28: 2nd VLB Africa Brewing Conference (Online)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium (Barcelona, Spain)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
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)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
News Articles
|
USA, WI: City Brewing being purchased by a consortium of investors
|
La Crosse's City Brewing announced on March 16 that a consortium of investors is purchasing the company, WXOW.com reported.
In a release, it said that the investors including "Charlesbank Capital Partners (“Charlesbank”), Oaktree Capital Management, LLC (“Oaktree”), Blue Ribbon Partners, LLC (“Blue Ribbon”), and City management will own 100% of City Brewing."
The deal is expected to close in April.
City Brewing operates three facilities in the country including its headquarters in La Crosse, Memphis, and Latrobe, Pennsylvania. They employ approximately 1,800 people at the facilities.
The company said it was investing $630 million to grow the company. Part of that involves operating a facility in California.
City Brewing said they were acquiring brewery operations in Irwindale, California from the Pabst Brewing Company. The facility is currently closed. When it reopens, set for late this year, City Brewery said the "Irwindale Brew Yard" would be "the largest full-service, low-alcohol beverage contract production facility in the western United States."
City Brewing would produce hard seltzers, flavored malt beverages, craft beer, and premium non-alcoholic drinks at the California facility.
Changes are coming in the management of the company. The release said that when the sale closes, current Chairman and CEO George Parke III plans to retire.
Ross Sannes, the present
...More info on site
|
|
USA: Molson Coors beginning to brew beer again after cyberattack
|
Molson Coors is beginning to brew beer again after a cyberattack, FOX 6 Milwaukee reported on March 16.
According to a filing with the SEC last week, the company acknowledges "a systems outage" caused by a "cybersecurity incident" with delays or disruptions to brewery operations, production, and shipments.
Molson Coors went on to say it was "working around the clock to get its systems back up as quickly as possible."
On Monday, March 15, brewery officials released the following statement:
"Thanks to the tireless work of our IT team and our outside experts, we are ramping back up and all of our breweries in North America are currently running."
Just last month, in its 2020 annual report, Molson Coors warned of potential technology risks and threats:
"Because of our reliance on third-party service providers and internal and outsourced systems, we could experience a disruption to our business."
|
|
USA, CA: Crow & Wolf Brewing Co. launches in Clovis
|
The Clovis Chamber of Commerce welcomed its newest member, Crow & Wolf Brewing Co., on March 12 with a ceremonial ribbon cutting commemorating its grand opening weekend, The Business Journal reported.
The craft brewery is co-owned by six people, some from professional brewing backgrounds and others from home brewing backgrounds.
Don Anderson, president of Crow & Wolf, performed the official ribbon cut.
“This project has been a long time in the works. The City of Clovis — great partners,” Anderson said. “Thank you to the planning commission. We couldn’t be happier to be where we’re at right now.”
Vice President Mike Gengozian said the company originally planned an April 2019 opening date, but he is thankful to be debuting now under a more hopeful state during the pandemic.
He said the big draw for the brewery’s location is the proximity to the Clovis Trail, making it a short walk or bike ride away from nearby homes and businesses.
Co-Owner Adam Gruszczynski said their particular location near the trail makes the business family-friendly.
The brewery has been under planning and construction for the past two years at 527 Park Creek Dr. in northeast Clovis, off of Highway 168 and Herndon Avenue.
The 15,000-square-foot warehouse features 5,000 square feet of
...More info on site
|
|
USA, TN: Star Spangled Brewing Co. opens new downtown location in Clarksville
|
Josh Romaker of Star Spangled Brewing Co. wants to take over Tennessee’s craft beer industry, and he plans to do so from his new downtown location, Clarksville Now reported on March 12.
The new 8,000 square-foot facility is on 614 North Spring St., next to the Humane Society of Montgomery County. It features a taproom and brewery space.
Romaker said that with the new Multi-Purpose Event Center on the way, it is a good time to start a business in downtown Clarksville.
The taproom, which will open summer of this year, will feature 10-12 taps featuring local craft beer in what Romaker described as a 1970s family camping aesthetic.
Beneath the taproom is the new brewery, which has a 20 barrel capacity. There is a barrel aging room, with whiskey barrels from Blanton’s, Buffalo Trace and Wellers.
The barrel aging process is integral to several of Star Spangled Brewing’s signature products, including their Winchester Bourbon Ale.
Behind the 10 fermenters is a large mural depicting the American flag, Customs House Museum and the brewery’s motto, “Lack Fear, Not Beer.” Romaker said it was important that the brewery leave an impression on visitors.
Star Spangled Brewing Co. is currently distributing locally, but Romaker says that is only the
...More info on site
|
|
USA, MI: Saucy Brew Works new craft brew spot in Detroit
|
There’s a new craft brew spot Detroit and it’s located just steps from Little Caesars Arena, Comerica Park, Ford Field and the Fox Theatre, mlive.com reported on March 12.
Saucy Brew Works brewpub and coffeehouse is opening its first Michigan location on Saturday, March 13. It’s located at 2671 John R. Street in Downtown Detroit’s Brush Park historic district.
The restaurant features 15 to 20 craft beers on tap daily along with a variety of baked chicken wings, sandwiches and New Haven style pizza, including its popular Nashville hot chicken pizza.
“It’s our take on New Haven style pizza. It’s thin crust, crispy, sauce to the edge,” said Brent Zimmerman, CEO of Saucy Brew Works. “We just like to be creative what we put on our pizzas, like the Nashville hot chicken.”
Saucy Brew Works has three other locations, all in Ohio. Brew Master Eric Anderson and entrepreneur Zimmerman, both beer fanatics, decided to transform the Steelman Building in Cleveland into their first location before eventually opening in Detroit.
“I love Detroit. It has a lot of similarities with Cleveland,” added Zimmerman. “We decided to take a look at places all over the city before deciding on this location. We’re in a neighborhood that’s very
...More info on site
|
|
USA, OH: Hoptometry Brewing Company to become Tiffin’s third brewery in 2022
|
Despite COVID-19’s hard hit on local breweries, the craft beer industry is coming back stronger than ever. Tiffin already had two breweries in town, the Tiffin Brewery and the Laird Arcade Brewery, and Fostoria has The UrbanWoody Brewery. And now, in 2022, the area is getting a third, the Review Times reported on March 15.
Last weekend, three Tiffinites purchased the building at 190 S. Washington St. in downtown Tiffin with plans to open the Hoptometry Brewing Company next year. The name is a reference to hops, a component of some beers, and the former owner of the building: an optometrist named Robert Shreiner.
The company’s founders include two brothers and one of their coworkers. Brothers Bryan and Rick Sutter met Zack Allen through Allen and Rick’s work at Sarka Sheet Metal; the two have each been working there for nearly 20 years in engineering and sales.
Ultimately, the trio is united by a passion for craft beer. They’d been discussing the possibility of opening a brewery for the past four or five years, and when the Washington St. property became available, they seized the opportunity.
“We loved the location,” Allen said. “We’re close to downtown shopping, have a parking lot next door, a
...More info on site
|
|
USA, MO: White River Brewing Company changing ownership
|
The family who owned the White River Brewing Company in Springfield for nearly a decade has sold the company, KY3 reported on March 11.
The Hosfield Family has owned the company, located at 505 W. Commercial Street, since 2012. After Thursday, March 18, ownership will be transferred to “one of our loyal customers,” according to a Facebook post from the family.
“He has the same passion for beer and we know he will continue the quality and tradition of this amazing brand of beer for years to come,” said the family.
White River Brewing Co. has operated nearly two years since its original founder, John “Buz” Hosfield, passed away.
“Our father Buz started White River Brewing with the vision of producing traditional European beers, particularly styles from Belgium, Great Britain and Germany, all with an Ozark’s twist. He was passionate about beer. His experiences visiting Germany, Belgium, and England truly opened his eyes to quality beer,” says the family.”
Bret McGowne, a business broker from VR Business Sales Springfield-Branson Office, helped with the sale of White River Brewing, according to the family.
|
|
USA, CO: An estimated 33 Colorado-based breweries shut down in 2020
|
Almost a year ago, on March 16, 2020, Kevin Gearhardt was shutting the doors of Maxline Brewing, the Coloradoan reported on March 13.
Gearhardt and his wife, Cathy Morgan, opened the brewery — an unlikely oasis set off of Midtown's hustle and bustle in a squat former post office annex at 2724 McClelland Drive — in 2016. In 2018, they expanded into a next-door space, doubling their taproom capacity and production.
With COVID-19 cases growing, Gov. Jared Polis had ordered all restaurants, bars and breweries to close for on-premise sales.
"It was scary in a word, right?" Gearhardt told the Coloradoan recently. The taproom-focused brewery, which was known to fill up with regulars — especially on its uber popular Monday bingo nights — was suddenly thrust, like the hundreds of other Colorado breweries, into the unknown.
In 2020, an estimated 33 Colorado-based breweries — of the state's roughly 425 — shuttered for good, according to the Colorado Brewers Guild, which advocates for the state's independent craft breweries and represents about two-thirds of them as guild members.
Of those 33 shuttered breweries, only one Fort Collins brewery made the list. C.B. & Potts closed all but one Colorado location, including two of
...More info on site
|
|
UK: Number of breweries increases by 216 last year
|
|
The Covid-19 pandemic’s devastating impact on pub, bar and restaurant beer sales hasn’t put entrepreneurs off launching new brewing businesses, with the total number
...More info on site
|
|
Russia: Beer production up 5.8% in January-February this year
|
Russia’s beer production increased by 5.8% to 10.3 mln hl in January-February this year, Rosstat data showed on March 16.
In February alone, the nation’s
...More info on site
|
|
Ukraine: Beer and malt production decline in January-February this year
|
|
Ukraine’s beer output totalled 1.98 mln hl in January-February this year, down 3.6% versus the first two months of 2020, trade association Ukrpivo reported
...More info on site
|
|
EU & UK: Barley production still forecast at 61.5 mln tonnes
|
|
In its second forecast for the 2021 crop, COCERAL sees the total grain crop in the EU-27+UK at 306.8 mln tonnes. This is slightly
...More info on site
|
|
UK: 2,000 pubs permanently closed and some £8.2 billion in beer sales lost last year
|
|
A year on from the first national lockdown in the UK, the British Beer & Pub Association has revealed that 2,000 pubs have permanently
...More info on site
|
|
Japan: Pandemic propelling an unexpected boom in alcohol-free beer
|
His social life severely curtailed by the coronavirus pandemic, Tadasu Masuda found himself embracing the opportunity to take what in Japan is known as “liver rest days” and try out a range of alcohol-free beer brands, Reuters reported on March 15.
They tasted much better than he expected, and while Masuda is not giving up on regular beer, he’s now committed to the occasional break.
“I want to keep drinking these and make sure my liver gets days off,” said the civil servant who lives in Kobe, western Japan, adding that he has become more health-conscious since recently entering middle age.
The pandemic is propelling an unexpected boom in alcohol-free beer that has Asahi Group forecasting a 20 per cent jump in revenue for non and low alcoholic beer this year after flat sales in 2020. Asahi is also debuting a new “Beery” label and has plans to expand its line-up.
Main rival Kirin, which had a head start in the category, expects its sales volumes in the segment to jump 23 per cent this year after a 10 per cent rise in 2020 and recently revamped one of its main non-alcoholic beers.
Increased time at home, according to industry executives, has freed Japanese drinkers
...More info on site
|
|
China: Pace of 2020/21 barley imports and early new crop purchases suggest high demand continuing in 2021/22
|
China’s official barley imports in 2020 were 8.080 mln tonnes, H. M. Gauger GmbH reported earlier in March.
Argentina shipped 222 thousand tonnes of
...More info on site
|
|
Russia & Ukraine: Barley exports in July-February 2020/21 around 4 mln tonnes for each country
|
|
Barley exports in July 2020 to 25 February, 2021 were 3.8 mln tonnes from Ukraine and 4.0 mln tonnes from Russia, H. M. Gauger
...More info on site
|
|
France: Growing conditions for soft wheat, barley remain favourable
|
Growing conditions for French soft wheat remain favourable, with 88% of crops rated good or excellent in the week to March 8, unchanged from the previous week, data from farm office FranceAgriMer showed on March 12.
The rating was well above the corresponding score of 63% a year ago, when crop development was hampered by torrential rain.
Durum, the wheat variety used in pasta, showed the same good/excellent rating of 88%, also stable on the week and above a year-earlier score of 67%.
Conditions for winter barley were similarly favourable, with 85% of crops rated good or excellent against 84% the previous week, FranceAgriMer said in its weekly cereal crop report.
That compared with a year-earlier score of 63%.
Sowing of spring barley was nearing an end, with 90% of the expected area drilled by March 8, the office said.
That compared with a week-earlier figure of 51% and year-earlier progress of 33%.
|
|
Australia: Barley farmers meaningfully break into Saudi market for the first time in five years
|
Australian barley farmers have moved on, big time. Facing massive Chinese tariffs and an urgent need to ship a bumper harvest, they’re piling into one of the world’s mega markets for the grain -- Saudi Arabia, Bloomberg reported on March 14.
For the first time in about five years, Australia has meaningfully broken into the Saudi market, beating usually fierce competition from other suppliers, and there are signs that sales will continue at least until the middle of the year, according to Andrew Whitelaw, an agricultural analyst at Thomas Elder Markets.
“We lost China,” said Whitelaw in Melbourne, but Saudi Arabia is shaping up to be Australia’s biggest customer this season. “If you look at the last three tenders in a row, we got the lion’s share of most of that,” he said. “In terms of volumes to Saudi Arabia, we’re getting more than anyone else.”
In tender results announced last week, Australia appears likely to provide the bulk of a purchase of 660,000 tons, pushing out traditional suppliers from the European Union and Black Sea. Australian trade data show the value of exports to Saudi Arabia far exceeded every other destination in December.
Saudi Arabia and China jostle for the position of top
...More info on site
|
|
Ukraine: Barley prices exceed those of hight quality milling wheat thanks to demand from China
|
Prices for Ukrainian-origin barley from this year's harvest have exceeded those of high quality milling wheat due to strong demand from China, analysts at APK-Inform said on March 12.
Forward contract prices for 2021 harvest barley stood at $220-$230 a tonne CPT (carriage paid to) Black Sea June-July delivery, while high quality milling wheat was priced at between $218-$227 a tonne with the same delivery date, the consultancy said.
"Such an atypical spread is largely due to the high purchasing activity of China in the barley segment, both old and new crops. The volumes of barley imports by China are simply off scale," it said in a statement.
APK-Inform noted that China had bought 2.7 million tonnes of Ukrainian barley from July 2020 to February 2021 compared with 800,000 tonnes in the same period a season earlier.
The prices for the 2020 harvest barley are between $247 and $255 a tonne CPT Black Sea, the consultancy said.
Ukraine is a traditional barley grower and exporter, shipping the commodity mostly to North Africa and the Middle East.
Ukraine harvested 7.8 million tonnes of barley in 2020 and is likely to export 4.2 million tonnes in the 2020/21 season, according to APK-Inform estimates. The government sees the exports
...More info on site
|
|
Australia & China: Australian government takes next step in China WTO barley action
|
The Australian government has formally taken the next step in taking its Chinese counterpart to the World Trade Organization over China's decision to implement tariffs on Australian barley due to alleged dumping, the Queensland Country Life reported on March 15.
Australian officials announced their intentions to take WTO action last December and following failed talks between the two countries, today it lodged an application to establish a formal dispute settlement panel.
Minister for Trade Dan Tehan said the next step followed dispute settlement consultations in late January between Australia and China.
"While there was constructive engagement on both sides, these consultations did not resolve our concerns," Mr Tehan said.
He said it was the natural progression in Australia's bid to clear its name over the allegations, which it has strenuously denied all along.
"This decision is an appropriate use of an established system to resolve our differences and is consistent with action Australia has previously taken to address concerns with measures imposed by other trading partners."
Opinion has been split in the grains world over the merits of taking WTO action.
Grain Growers, which has been supportive of the push, welcomed the news.
"This issue that has had a significant impact on Australian barley markets is outside of
...More info on site
|
|
Ukraine: 100% of winter barley crop in good condition
|
Around 98% of Ukrainian winter wheat crops and 100% of winter barley were in good condition, according to the latest data of the Ukrainian state weather centre.
The regrowth of crops, as sampled by meteorologists on February 20, showed weak and rare seedlings on 2% of winter wheat fields and 7% of winter rape areas, the centre said in a report published late on Friday.
Rare seedlings of winter wheat were registered mostly on fields in western Ukraine, it noted.
Ukraine's national agrarian academy said last week most winter grain crops are in good or satisfactory condition and only limited areas in central parts of the country were damaged by frost.
Ukraine's economy ministry has said it expects that the area under all grains could increase to 15.7 million hectares this year, up from 15.2 million hectares in 2020.
The favourable weather could help farmers to increase their grain crop to 75 million tonnes this year from 65.5 million tonnes in 2020.
|
|
World: Tequila Regulatory Council in two legal proceedings against Heineken for using tequila’s name in beer
|
Using the word tequila in a drink is serious business. The Tequila Regulatory Council (CRT) defends that word because it is a Mexican drink with a designation of origin. In other words, tequila is only discussed when the drink is produced in certain municipalities in Mexico and with special parameters. But Heineken uses that name in Europe, on a beer, Market Research Telecast reported on March 13.
This issue has confronted the tequila organization and the Dutch brewery for several years. But in 2019, the European Commission (EC) granted tequila recognition as a Protected Geographical Indication (PGI). Thus, it became the first product in Mexico to access the maximum protection model in Europe, as shared by the CRT in writing.
However, Heineken misuses the word tequila in a beer. In it, use only the “smell” of the Mexican drink. The CRT detailed to Business Insider Mexico that it has two legal proceedings against the brewery. These began in 2017 and are currently ongoing in the courts of Amsterdam, the Netherlands, and Nanterre, France.
In addition, on March 18 the representatives of the CRT in Europe will have a hearing in Amsterdam on the case. Business Insider Mexico sought out the company for details
...More info on site
|
|
Register a new user (free of charge).
Top
Top News