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E-Malt.com Newsletter 12a
March 22 - March 24, 2021
Quote of the Week
Impossible is just an opinion.
Paulo Coelho
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Currency Rates
Base Currency: US Dollar
on March 24, 2021 |
Base Currency: Canadian Dollar
on March 24, 2021 |
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1 USD = 0.8411 EUR
1 USD = 0.7248 GBP
1 USD = 1.2560 CAD
1 USD = 1.3029 AUD
1 USD = 108.6700 JPY
1 USD = 5.5053 BRL
1 USD = 75.7202 RUB
1 USD = 6.5101 CNY
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1 CAD = 0.7961 USD
1 CAD = 0.5770 GBP
1 CAD = 0.6696 EUR
1 CAD = 1.0372 AUD
1 CAD = 86.5100 JPY
1 CAD = 4.3827 BRL
1 CAD = 60.2797 RUB
1 CAD = 5.1826 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, CA: Ballast Point Brewing to launch in San Francisco, close down Chicago brewpub
...Click here
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USA, AZ: Grand Canyon Brewing & Distillery is expanding to Page, Arizona
...Click here
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USA, NY: TALEA Beer Co. opens its brewery and taproom in Brooklyn
...Click here
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Canada, NB: Tide & Boar Brewing opens its new location in Moncton
...Click here
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USA: AB InBev, clothing company Patagonia end trademark dispute
...Click here
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EU: No large malt stocks in the industry and analysts recommend caution in barley and malt procurements
...Click here
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China: China Resources Beer reports 59.6% net profit increase for 2020
...Click here
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World: Barley prices rising around the world with China buying unprecedented volumes from new suppliers
...Click here
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China: Taishan beer brand secures over $92 mln in initial round of equity financing from CMC Capital Group
...Click here
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China: Chinese demand keeps pressure on French barley supplies
...Click here
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UK: Overall picture for malt and malting barley seen as positive
...Click here
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Japan: Kirin counting on beer dispenser to help boost sales
...Click here
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Graph of the Week
Table of the Week
Canada Beer Sales 2015-2020s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
22 March
1895 - Auguste and Louis Lumiere show their 1st movie to an invited audience
1933 - Franklin D. Roosevelt makes wine and beer with up to 3.2% alcohol legal
1960 - 1st patent for lasers, granted to Arthur Schawlow and Charles Townes
23 March
1836 - Coin Press invented by Franklin Beale
1857 - Elisha Graves Otis installs the world's first safety elevator for passengers in the E.V. Haughwout and Co. store in New York City
1861 - London's 1st tramcars, designed by Mr. Train of New York, begins operating
1951 - Wages in France increase 11%
24 March
1867 - Metropolitan Life Insurance Co. forms
1898 - 1st automobile sold
1955 - 1st seagoing oil drill rig placed in service
Agenda
March 2021:
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
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USA, CA: Ballast Point Brewing to launch in San Francisco, close down Chicago brewpub
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Kings & Convicts Brewing Co., the San Diego-headquartered owner of Ballast Point, announced on March 23 it is moving forward with a retail expansion of the 25- year-old craft brewery into Northern California.
Plans to open a brewpub in San Francisco were originally announced in 2018 but later halted in 2019 by former owner Constellation Brands prior to the sale of Ballast Point to Kings & Convicts. Ballast Point San Francisco is expected to open by the end of the year and will join the craft brewery’s five Southern California locations in San Diego, Anaheim, and Long Beach.
Kings & Convicts also announced it would permanently close its Chicago Ballast Point Kitchen and Taproom in the West Loop after careful consideration. The Illinois-born Kings & Convicts remains committed to the greater Chicagoland area and is focused on projects that better align with the future of both independent breweries. This includes a continued focus on Ballast Point’s formidable roots in San Diego and future growth in its home state.
“We love Chicago and will remain invested in the region with Kings & Convicts, but have decided it’s in the best interest of Ballast Point and its long-term success to focus on our roots
...More info on site
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USA, AZ: Grand Canyon Brewing & Distillery is expanding to Page, Arizona
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From firehouse to brewhouse, Grand Canyon Brewing & Distillery is expanding to Page, Arizona with a third brewery location this July. In a space that once housed the old fire station and most recently served as a maintenance garage for city vehicles, the brewery will be just under 10,000 sq. ft. on .86-acre of land at 714 North Navajo Drive, Brewbound reported on March 20.
“I’m thrilled to have found the perfect location to expand our brand to the north rim of the canyon. I can’t wait to showcase our award-winning beers, spirits and culture with the millions of tourists and locals that flock to see our very own wonder of the world,” John Peasley, Founder, Grand Canyon Brewing & Distillery.
Located near Horseshoe Bend, the brewery will feature an impressive 15-barrel Bohemian Monobloc brewing system, the same system from the original Grand Canyon Brewing & Distillery location in Williams. Guests will enjoy a large brewpub with full-service menu and bar, lounge areas, rustic décor, two pool tables, a foosball table, shuffleboard and over 20 TV’s. The space will feature a large outdoor patio and rollup glass garage doors to enjoy the beautiful weather and scenic views.
Grand Canyon Brewing & Distillery plans
...More info on site
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USA, NY: TALEA Beer Co. opens its brewery and taproom in Brooklyn
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TALEA Beer Co. has finally opened their brewery and taproom in Brooklyn, making them the only exclusively woman and veteran-owned and founded production brewery (and taproom!) in NYC, Brewbound reported on March 21.
Founded by new moms Tara Hankinson and NAVY veteran LeAnn Darland in 2018, TALEA Beer Co. is a culmination of their love for craft beer and their passion to create an approachable, inclusive beer company. TALEA Beer Co. aims to create easy-drinking staples that you can comfortably share with your hard-seltzer and wine-drinking friends or open with the most discerning beer connoisseur.
Their beers are at the intersection of high quality and low-bitterness with fruit-forward flavors, including raspberry, mango, guava, passionfruit, and citrus. The bright and airy cafe by day and taproom by night offers Partners Coffee, Pilot Kombucha, pastries from Bien Cuit, beer flights, beer cocktails, guided tastings, and light bites like cheese and charcuterie plates.
On a mission to disrupt the male-dominated craft beer industry, LeAnn and Tara were both avid homebrewers with MBAs who met after leaving their corporate jobs in tech and media to join the beer industry. Working together at Hopsy, they quickly realized that despite the booming craft beer market, no breweries were actively
...More info on site
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Canada, NB: Tide & Boar Brewing opens its new location in Moncton
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More than a year after it was first announced, Tide & Boar Brewing has opened its new taproom and restaurant location in Moncton, the Canadian Beer News reported on March 22.
Originally a nanobrewery in the basement of Moncton’s Tide & Boar Gastropub, the brewery is now much larger but retains its focus on “modern brewing styles and some twists on classics”, with an opening line-up that includes Uncut Hops IPA (6.8% abv), Special Blend #10 IPA (7% abv), and two variants on Sour Otis (5.5% abv), one with raspberry and peach, and the other strawberry and rhubarb.
The taproom also features several guest taps pouring beer and cider from other Maritime breweries, a selection of wine and cocktails, and a food menu including pizza, wings, burgers, sandwiches, and other beer-friendly items. For take-away sales, house-brewed beers can be purchased in cans, crowlers, growlers, and kegs.
Tide & Boar Brewing is located at 1355 Main Street in Moncton, and is open Wednesday to Saturday. The site also includes a location of Duo Cafe which serves breakfast and lunch from Monday to Friday.
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USA: AB InBev, clothing company Patagonia end trademark dispute
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Clothing company Patagonia and the world’s largest brewer, AB InBev, have ended their trademark dispute over a new beer brand in the US, The Drinks Business reported on March 23.
Both companies have agreed to settle their dispute over the launch of a Patagonia-branded beer.
They filed a joint stipulation at the Central District Court of California on March 22, where they both sought to dismiss the lawsuit.
The court document states: “The parties stipulate and agree to the dismissal with prejudice of this entire action, including all claims and counterclaims, pursuant to Federal Rule of Civil Procedure. The parties will bear their respective costs and attorneys’ fees.”
The financial terms of the settlement have not been disclosed.
Patagonia first brought its case against AB InBev in 2019 after the latter released a new beer brand with a “strikingly similar” logo to the outdoor clothing specialist. Patagonia accused AB InBev of taking “advantage of its tremendous goodwill” and of setting out to create confusion between the two brands.
AB InBev obtained the trademark for Patagonia beer in the US back in 2012, but did not launch the Patagonia Brewing Company brand in the country until 2018. The brewery which makes the product in question, Cervecería y
...More info on site
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USA, LA: Dixie Beer relaunches as Faubourg Brewing
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The beer brand formerly known as Dixie officially relaunches as Faubourg Brewing this week, starting with a name change on its website and social media accounts and culminating in a public grand reopening at its New Orleans East brewery on Friday, March 26.
Nearly a month after the name “Dixie” was painted over atop the brewery’s large brick tower, the rollout of Faubourg beer has officially begun. As of March 23, the brewery’s website continues to display the Dixie name and logo (and not Faubourg Brewing), but its Instagram handle and Facebook account have been updated. The brewery will begin distributing the new beers to bars and restaurants this month, according to NOLA.com, and newly-branded cans and bottles are expected to be available for retail in early May.
The 114-year old New Orleans-born brewery first announced a name change in June 2020, when owner Gayle Benson said it was “necessary to reflect” on the brewery’s brand in light of “critical conversations about racism and systemic social issues” taking place in the country. Dixie is a nickname for the southern U.S., and a song by the same name became an unofficial anthem for the Confederacy during the Civil War, creating the lasting association.
...More info on site
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EU: No large malt stocks in the industry and analysts recommend caution in barley and malt procurements
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As malt production had been cautiously adjusted to real demand, there are no large malt stocks in the malt industry. There are no barley
...More info on site
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China: China Resources Beer reports 59.6% net profit increase for 2020
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China Resources Beer said net profit for 2020 grew by 59.6 percent to 2.09 billion yuan (HK$2.49 billion) last year, driven by premium products,
...More info on site
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World: Barley prices rising around the world with China buying unprecedented volumes from new suppliers
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Barley prices around the world are rising sharply as China sucks in crops from elsewhere after hitting Australia with steep tariffs last year as
...More info on site
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China: Taishan beer brand secures over $92 mln in initial round of equity financing from CMC Capital Group
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Chinese original beer brand Taishan has secured over 600 million yuan ($92.2 million) in its initial round of equity financing from CMC Capital Group,
...More info on site
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China: Chinese demand keeps pressure on French barley supplies
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China has already booked 2.0 – 2.2 mln tonnes of French new crop feed barley, H. M. Gauger GmbH reported earlier in March.
The
...More info on site
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UK: Overall picture for malt and malting barley seen as positive
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Representatives of the National Farmers’ Union (NFU) Scotland, England and Wales branches met with representatives of the Maltsters’ Association of Great Britain virtually for
...More info on site
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Japan: Kirin counting on beer dispenser to help boost sales
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Japan's Kirin Holdings is counting on its beer dispenser to help boost sales which had fallen for 16 straight years, the Nikkei Asian Review reported on March 20.
Kirin said it hopes its compact beer dispenser, Home Tap, will draw 100,000 subscribers this year. The company had rolled out the machine, which dispenses beer with a foamy head, in 2017 but a production bottleneck meant that it was unable to offer the service on a large scale until now.
"I want to make the beer market attractive at any cost," Takayuki Fuse, CEO of Kirin Brewery, a unit of Kirin Holdings told reporters recently at a news conference. He called Home Tap "an important pillar" for the business and "one of its efforts to revitalize the beer market."
The subscription service is for a range of fresh beer, including Kirin's key Ichiban Shibori brand, as well as craft beers. Subscribers only pay for the beers and get Home Tap for free during their term.
Even before the coronavirus outbreak, the Japanese beer industry has been facing a fall in consumption. In addition to increasing health consciousness, changes in the workplace -- due to more telecommuting and less obligatory socializing with bosses -- mean fewer
...More info on site
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