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E-Malt.com Newsletter 17a
April 26 - April 28, 2021
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Currency Rates
Base Currency: US Dollar
on April 28, 2021 |
Base Currency: Canadian Dollar
on April 28, 2021 |
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1 USD = 0.8279 EUR
1 USD = 0.7195 GBP
1 USD = 1.2403 CAD
1 USD = 1.2856 AUD
1 USD = 108.4300 JPY
1 USD = 5.4390 BRL
1 USD = 74.9083 RUB
1 USD = 6.4814 CNY
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1 CAD = 0.8061 USD
1 CAD = 0.5800 GBP
1 CAD = 0.6674 EUR
1 CAD = 1.0363 AUD
1 CAD = 87.4100 JPY
1 CAD = 4.3845 BRL
1 CAD = 60.3848 RUB
1 CAD = 5.2247 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada, BC: Lakesider Brewing already open to public in West Kelowna
...Click here
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USA, CA: Syncopated Brewing Co. to open in Lakewood this month
...Click here
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USA, WA: Bellevue Brewing Company opening new location in Spring District
...Click here
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USA, TX: Ovinnik Brewing working towards late summer opening in Houston
...Click here
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USA, SC: Frothy Beard Brewing Company to expand into new location in Summerville
...Click here
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USA, IL: Two breweries to open in Chicago’s Logan Square area in May
...Click here
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World: Carlsberg’s first-quarter sales slightly above expectations thanks to strong Chinese market
...Click here
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Australia: Boortmalt to reopen Cavan, South Australia malting facility
...Click here
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EU: Brewers of Europe publish new report on Covid’s impact on the beer trade
...Click here
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India: United Breweries sees over two-fold jump in consolidated net profit in Q4 to March 31
...Click here
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Nigeria: Nigerian Breweries reports higher Q1 profit thanks to advance in sales
...Click here
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World: Hop acreage forecast to stay stable but output could rise again
...Click here
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EU: MARS revises down forecast of EU winter barley yield
...Click here
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Australia: Full strength beer the preferred category for Australians who drink beer
...Click here
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Ireland: Government intends to introduce minimum pricing on beer, wine and spirits - report
...Click here
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Ukraine: Ukraine’s barley production expected to remain flat in 2021-22
...Click here
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Japan & China: Kirin starts official exports of its non-alcoholic beer to China
...Click here
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Kenya: Keroche launches the strongest locally brewed beer
...Click here
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Graph of the Week
Table of the Week
Russia Barley Supply & Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
26 April
1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
Agenda
April 2021:
27 - 29: 1st VLB International Craft Brewing Conference 2021 (Online)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
18 - 21: Beer 2021 (Sochi, Russia)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
August 2021:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
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)
20 - 22: drink technology India 2021 (Mumbai, India)
November 2021:
02 - 04: Fdt Africa 2021 (Midrand, South Africa)
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
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)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
News Articles
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Canada, BC: Lakesider Brewing already open to public in West Kelowna
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A West Kelowna brewpub that was two years in the making recently opened its doors to the public on April 9, the Kelowna Capital News reported on April 24.
Even with indoor dining prohibited under current provincial COVID-19 health restrictions, Lakesider Brewing co-owner Kieran Armour said that the brewpub’s patio scene has been lively ever since first opening.
“The local community has really embraced us. They’ve been braving the cold weather and the rain. They’re still here with bells on, so it’s been awesome,” said Armour, who co-owns the brewpub alongside his wife, Gale.
Located just off the Westside Wine Trail at 835 Anders Rd., the two-floor brewpub has a main floor lounge space and a basement lounge space, in addition to its wrap-around, pet-friendly patio.
All their beer is brewed in-house, adding new ones to the taps every few days until they reach all 14, along with one cider and a guest brew from another local brewery.
Their food menu is anchored by two main categories: thin-crust, Neapolitan-style pizza and four-inch, corn tortilla street tacos.
“You get three or four [tacos] in order. You can mix and match, whatever you like,” said Armour. “We’ve got a beef one, a prawn one, carnitas — which is
...More info on site
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USA, CA: Syncopated Brewing Co. to open in Lakewood this month
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With the goal of making every kind of beer possible, two beer vets have teamed up to open a new brewery in Lakewood this month, the Long Beach Press Telegram reported on April 25.
“We’re going to have fun with it; we’re going to make some fun easy drinking beers,” said Jason Van Fleet, owner of Dutch’s Brewhouse in Long Beach.
Van Fleet has partnered with former Ballast Point brewer Chris Klein to open Syncopated Brewing Co., a 4,000-square-foot brewery at 3671 Industry Ave. opening by the end of April.
Once it opens, people can expect beer styles including lagers, pilsners, saisons, sours, IPAs and pale ales.
“We’re a small-batch brewery so we’re just going to have fun with it,” Van Fleet said.
Some of the opening day beers will include brews like Sailor’s Legs, a 9.1% alcohol by volume chocolate-flavored imperial stout, and a 6.7% ABV red ale called Red Dragon Tattoo, which has caramel and tobacco flavors.
There will be lighter fare, too, including the Golden Lightfoot, a 5.3% ABV German style golden ale brewed with honey malt and fermented with a German ale yeast, so expect some citrus and sweet flavor.
Van Fleet said people can also expect some entertainment since there will be
...More info on site
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USA, WA: Bellevue Brewing Company opening new location in Spring District
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Bellevue Brewing Company is opening a new location in the Spring District. They recently applied for a permit at 1285 122nd Avenue Northeast, the Downtown Bellevue Network reported on April 27.
The brewery currently has a location is on 130th Avenue Northeast that opened in 2012. They offer handcrafted beers and a New American pub menu featuring meats smoked on-site.
Bellevue Brewing Company is the first, locally owned craft brewery in Bellevue. Along with beer, they also feature a large northwest wine selection, and hard ciders from around the region.
The Spring District is a transit-oriented development and neighborhood, composed of 16 blocks and 36-acres. It is near the future East Link light rail, scheduled to open in 2023.
The Spring District is also home to the new Greater Seattle headquarters. REI, who had originally planned to be there, announced that they had completed the sale of their property at a purchase price of $390 million to Facebook. They also leased Block 6 in the Spring District in November 2019, Block 24 in August 2019, and Block 16 in January 2019.
Steve Ballmer Building is also open and located in the Spring District at 12280 Northeast District Way. It is a new 10,000 square foot
...More info on site
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USA, TX: Ovinnik Brewing working towards late summer opening in Houston
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Houston's newest entrant on the craft beer scene, Ovinnik Brewing, is working toward an opening by late summer in the Timbergrove area, the Community Impact Newspaper reported on April 23.
Formed by Janine Weber and partners Chris and Jen Mathis, the brewery will put a big focus on supporting the do-it-yourself, homebrewing crowd.
"I’ve been a homebrewer for 15 years. Jen’s a major brewer," Weber said. "We plan to be big supporters of that—brew-ins, yeast shares. We want that DIY theme to be our focus."
Weber said she decided to chase her dream of opening a brewery after her 35-year geology career was cut short with a layoff over a year and a half ago.
"As a geologist you have to know everything about everything. I’ve found it to be really helpful when I’m in the production of beer," she said.
The crew will likely offer Belgian-style beers, including tripels, witbiers and sours, but the lineup will be driven by what people want, Weber said.
The brewery's space at 7201 Wynnpark Drive, Houston, a former paint warehouse, will have a 3.5-barrel brewing system. A taproom will come eventually, but at the initial opening, it may be bare bones.
"We're bootstrapping it. We'll put out tables and folding
...More info on site
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USA, SC: Frothy Beard Brewing Company to expand into new location in Summerville
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The Frothy Beard Brewing Company says they will be expanding into a new location in Summerville, WCSC reported on April 27.
The West Ashley brewery says they will be opening a taproom and kitchen on the town square at Homegrown Brewery’s old location.
Frothy Beard said in a Facebook post that they had acquired Homegrown Brewhouse in Summerville and had plans on converting it to a second location by mid-June.
Until then, Frothy Beard says the establishment will continue operating as Homegrown Brewhouse.
Frothy Beard Brewing Company says the new Summerville location will be named Frothy Beard Off World and they want it to be a family friendly experience with food and drinks for everyone.
It will be open for lunch from Friday through Sunday and serve dinner every night of the week. Additionally, they said they would have a Sunday brunch menu.
The new location will be used to create small batch beers that Frothy Beard says will be in rotation with all the flagship beers they serve.
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USA, IL: Two breweries to open in Chicago’s Logan Square area in May
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Last week, Marz Community Brewing opened a brewery in Bucktown, right on the border with Logan Square, and the area isn’t quite done. In May, Ravinia and Soleman Oath brewing will open brewpubs in the area. Both breweries have suburban locations and this would be their first Chicago outposts, the Eater Chicago reported on April 27.
Ravinia, which will serve tacos alongside its beer, will open on May 7 at 2601 W. Diversey Avenue, according to a report. Solemn Oath hasn’t revealed an opening date for its brewpub at 2919 W. Armitage Avenue. As first reported by the Tribune, it should open in mid-May.
At Ravinia, they’ve hired chef Juan Carlos Bueno, who was on the opening team a Lagunitas Taproom and Brewery. While that Douglass Park brewpub remains closed to the public, Ownership it touting vegetarian options (they weren’t specific about vegan items) and fried ice cream for dessert.
Eventually, Ravinia will add lunch and carryout. For the buildout, designed added garage door windows to increase airflow to create a more comfortable atmosphere during the pandemic.
Solemn Oath and Ravinia add to an impressive list of Logan Square breweries: Bixi Beer, Hopewell, Pilot Project, Maplewood, Marz, Middle Brow, and Revolution. Additionally, Metropolitan Brewing,
...More info on site
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World: Carlsberg’s first-quarter sales slightly above expectations thanks to strong Chinese market
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Danish brewer Carlsberg reported first-quarter sales slightly above expectations on April 28, helped by a strong Chinese market while Western Europe remained severely impacted
...More info on site
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Australia: Boortmalt to reopen Cavan, South Australia malting facility
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Boortmalt NV, the world’s largest malting company, has announced it plans to reopen its malting facility at Cavan, South Australia (SA) from the middle
...More info on site
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EU: Brewers of Europe publish new report on Covid’s impact on the beer trade
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Getting back to bars, pubs, cafés and festivals with friends, family and the local community will be a symbol of recovery from the Covid-19
...More info on site
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India: United Breweries sees over two-fold jump in consolidated net profit in Q4 to March 31
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Beer maker United Breweries Ltd on April 27 reported an over two-fold jump in consolidated net profit at Rs 97.53 crore in the fourth
...More info on site
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Nigeria: Nigerian Breweries reports higher Q1 profit thanks to advance in sales
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Heineken-backed Nigerian Breweries Plc said on April 24 its profit from January to March swelled by 39.1 per cent, backed by a significant advance
...More info on site
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World: Hop acreage forecast to stay stable but output could rise again
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During two video conferences of the International Hop Growers Convention (IHGC) first estimations for the development of world hop acreage in 2021 were made.
...More info on site
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EU: MARS revises down forecast of EU winter barley yield
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The average soft wheat yield in this year's European Union harvest is expected to reach 5.86 tonnes per hectare (t/ha), down from an initial
...More info on site
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Australia: Full strength beer the preferred category for Australians who drink beer
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New data from Roy Morgan’s Alcohol Consumption Report shows full strength beer is the preferred ‘amber fluid’ for Australians who drink beer, B&T reported on April 25.
Over a third of all Australians aged 18-plus, 6,277,000 (34.6 per cent), drink beer in an average four weeks including at least one of the three varieties of full strength, mid strength and low alcohol beer – second only to wine as the alcoholic drink of choice for Australians (covered in detail here: Number of Australians drinking alcohol in 2020 increases).
Nearly a third of Australians aged 18-plus (30.2 per cent) consumed full strength beer in an average four weeks in 2020, down 3.1 per cent points from 2019 (33.3 per cent). This is not surprising as the pandemic hit the hospitality industry heavily and kept many pubs, clubs, bars and restaurants closed for an extended period. In Victoria most drinking establishments were closed for at least six months and some have closed permanently.
In comparison only 8.6 per cent of Australians consumed mid-strength beer (down 2.2 per cent points on 2019) and just 2.8 per cent (down 1.1 per cent points) had low alcohol beer in an average four weeks during 2020.
Men are the main
...More info on site
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Ireland: Government intends to introduce minimum pricing on beer, wine and spirits - report
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A leaked memo due to be brought before Cabinet has revealed the Government's intentions on introducing a set minimum price of 10 cent per gram of alcohol, under Section 11 of the Public Health Alcohol Act, the Irish Mirror reported on April 25.
This plan will see an increase in the cost of "cheap alcohol", including wine, beer and spirits.
According to the memo, the new pricing regime would set a minimum price of €1.32 on a 440ml can of lager; €7.75 on a 750ml bottle of chardonnay; and €20.71 on a 700ml bottle of gin or vodka.
Supermarket brands such as Tesco’s own-brand vodka is also expected to in price from around €12.99 to €20.71, with a similar-sized bottle of gin increasing from €14.25 to €20.71 and a €3.99 bottle of wine rising in cost to €6.50.
Despite the legislation passing in 2018, the government has delayed introducing a minimum price per unit of alcohol until Northern Ireland was ready to impose similar legislation.
Speaking to the Sunday Independent, the Northern Ireland Health Minister Robin Swann said that such legislation will not be enacted in the North before May 2022, but the memo revealed that the Irish Government is revising its timeline for the
...More info on site
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Ukraine: Ukraine’s barley production expected to remain flat in 2021-22
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Ukraine is anticipated to see a jump in wheat and corn production in the 2021-22 marketing year while barley remains in line with the
...More info on site
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Japan & China: Kirin starts official exports of its non-alcoholic beer to China
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Kirin Brewery has exported its first non-alcoholic beverage, Kirin Greens Free, to China, following successful pilot sales last year, FoodNavigatorAsia.com reported on April 27.
Kirin Greens Free is a non-alcoholic beer (0.00%) made from Nelson Sauvin hops, with no added artificial flavours or sweeteners.
First launched in Japan last April, the firm has since sold more than 23 million cans (350mL) as of December 2020, and targets to sell 40 million cans this year (Jan-Dec 2021).
Last year, Kirin conducted a test sale for Greens Free in China, selling about 408,000 cans from July to December 2020. It was sold at high-end supermarkets, department stores, Japanese-brand convenience stores, online, golf courses, and restaurants.
In response to the feedback, the firm has now officially started exports and has set an annual target of 1.15 million cans for the China market. The products will mainly be sold at convenience stores and mass merchandisers such as 7-Eleven.
China is known for its baijiu and beer culture, although, increasingly more health-conscious and younger consumers are moving away from beer.
Katsura Muraoka, assistant manager of corporate communications at Kirin Holdings, told FoodNavigator-Asia: “In China, the need for non-alcoholic beverages is gradually increasing as
...More info on site
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Kenya: Keroche launches the strongest locally brewed beer
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Naivasha-based brewer Keroche's beer production and sales has dropped by 25 percent due to the Covid-19 pandemic that has left bars and restaurants closed, The Star reported on April 27.
However, despite the challenges, the company has exuded confidence that it will recover through the newly launched Vienna Ice Strong Lager which it says will generate more than Sh1 billion to Kenya Revenue Authority annually.
This emerged during the launch of the new brand that has a 10 percent alcohol content.
According to the company chief executive Tabitha Karanja, this is the strongest locally brewed beer in a market in a market dominated by imports.
Karanja said plans were underway to launch another brand of strong beer in the next three months creating more job opportunities for residents and generating extra revenue.
“The new product Vienna Ice Strong Lager will generate over Sh1 billion to KRA every year and this will rise with time as per our market projections,” she said.
The CEO said that the product was introduced following a two-year survey which indicated the absence of strong beer in the country.
“For years consumers have relied on imports in this market and the new brand which is unique will fill in this gap,”
...More info on site
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