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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 Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 18a
May 03 - May 05, 2021


Quote of the Week

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Pope Francis

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Currency Rates


Base Currency: US Dollar
on May 05, 2021
Base Currency: Canadian Dollar
on May 05, 2021
      1 USD = 0.8316 EUR
1 USD = 0.7204 GBP
1 USD = 1.2307 CAD
1 USD = 1.2952 AUD
1 USD = 109.2800 JPY
1 USD = 5.4391 BRL
1 USD = 74.9535 RUB
1 USD = 6.4728 CNY
      1 CAD = 0.8125 USD
1 CAD = 0.5853 GBP
1 CAD = 0.6756 EUR
1 CAD = 1.0523 AUD
1 CAD = 88.7800 JPY
1 CAD = 4.4190 BRL
1 CAD = 60.8959 RUB
1 CAD = 5.2588 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news Canada: Molson Coors expects to be in a position to reinstate its dividend in the second half of this year ...Click here
Brewery news Canada, AB: Big Rock Brewery agrees to sell its Etobicoke brewery ...Click here
Brewery news USA, ME: Two new breweries coming to Washington County in Maine ...Click here
Brewery news USA, NY: Other Half Brewing Company coming to Buffalo as soon as it secures liquor license for its new space ...Click here
Brewery news USA, IL: Turner Haus Brewery to become Chicago’s first Black-owned brewery since Vice District Brewery shut down in 2019 ...Click here
Brewery news USA, FL: Dogfish Head Miami to launch its new brewpub on May 21 ...Click here
Brewery news USA, MN: Back Shed Brewing coming to St. Cloud this summer ...Click here
World News
Brewery news Japan: Asahi aiming at cracking non-alcohol drinks market ...Click here
Brewery news Vietnam: Sabeco reports 37.5% increase in post-tax profit in Q1 ...Click here
Brewery news Ghana: Guinness Ghana Breweries post 24% increase in January-March net sales ...Click here
Barley news Australia: Grain production expected to reflect average output in 2021-22 ...Click here
Barley news Argentina: Farmers in Argentina to expand barley plantations by 28% this year ...Click here
Barley news France: Condition of wheat and barley crop declines on impact from dry, cold weather in April ...Click here
Brewery news Australia: Government announces increase in beer excise tax rebate for small brewers ...Click here
Brewery news UK: Budweiser Brewing Group expects summer sport to boost beer sales ...Click here
Brewery news South Korea: Oriental Brewery pays 400 bln won in dividends to mother company AB InBev ...Click here
Brewery news Belgium: Trappist brewery Chimay to launch new permanent beer for the first time in 55 years ...Click here
Brewery news Germany: Oktoberfest cancelled for the second year in a row ...Click here
Brewery news Italy: Birra Peroni brings Czech beer Kozel to Italy ...Click here
Graph of the Week


Table of the Week

China Hops Area and Production 2015-2020


Table of the week.

Barley Prices



Theoretical Malt Prices



These Days in Business History


03 May
1830 - 1st regular steam train passenger service starts
1919 - America's 1st passenger flight (New York - Atlantic City)
1965 - 1st use of satellite TV, Early Bird Satellite

04 May
1626 - Indians sell Manhattan Island for $24 in cloth and buttons
1878 - Phonograph shown for 1st time at Grand Opera House
1959 - The 1st Grammy Awards are held
1979 - The first modern leveraged buyout using high-yield junk bonds -- a $381 million deal to take Houdaille Industries private -- is completed by Kohlberg, Kravis, Roberts & Co

05 May
1715 - French manufacturer debuts 1st folding umbrella (Paris)
1921 - Miniature newspaper published (Brighton Gazette 10 x 13 cm)
1949 - Council of Europe forms


Agenda

May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
18 - 21: Beer 2021 (Sochi, Russia)

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)
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)

More events are available on site e-malt.com

News Articles


Brewery news Canada: Molson Coors expects to be in a position to reinstate its dividend in the second half of this year
Molson Coors Beverage Co. said it expects to be in a position to reinstate its dividend in the second half of this year after its first-quarter profit beat expectations even as its revenue dropped nearly 10 per cent from a year ago, the Toronto Star reported on April 29.

The brewery and beverage company suspended its quarterly dividend and furloughed some employees as part of efforts last May due to global uncertainty caused by the COVID-19 pandemic.

Molson Coors, which keeps its books in U.S. dollars, said its net income attributable to shareholders increased to US$84.1 million or 39 cents per diluted share in the first quarter, compared with a loss of US$117 million or 54 cents per share a year earlier.

Net sales for the three months ended March 31 fell to US$1.9 billion, from US$2.1 billion a year earlier.

The company faced a cybersecurity incident, a winter storm in Texas that caused its Fort Worth brewery to lose power and government sales restrictions in Britain in the quarter.

Excluding one-time items, its adjusted profit fell to US$1.6 million or one cent per share, down from US$77 million or 35 cents per share in the first quarter of 2020.

Molson Coors was expected on average ...More info on site


Brewery news Canada, AB: Big Rock Brewery agrees to sell its Etobicoke brewery
Big Rock Brewery Inc. announced on May 3 the signing of a definitive agreement for the sale of its Etobicoke brewery for total cash consideration of approximately C$2.1 million, net of transaction costs (the "Transaction").

The Transaction includes all brewing and packaging equipment, excluding the bottling line which has been transferred for use at the Corporation's Calgary facility. The purchaser has also agreed to assume the Etobicoke brewery building lease.

The Transaction is expected to close on or before June 14, 2021.

Despite the Transaction, management has no concerns in its ability to meet market demand in Ontario and will continue to utilize the brewing assets at its Toronto Liberty Commons operations.


Brewery news USA, ME: Two new breweries coming to Washington County in Maine
Craft beer-making may be on tap for the first time in two thirsty Washington County locations, Mainebiz reported on May 3.

A pair of breweries are preparing to launch in Eastport and Machias, and the startups would be the first beer producers in their respective communities. Owners of both businesses view the Downeast region beyond Ellsworth as an underserved market where there’s plenty of potential patronage from locals and visitors.

Horn Run Brewing

At 75 Water St. in Eastport, Lisa and Jeff Smith plan to open Horn Run Brewing by Memorial Day weekend.

“We’re within weeks of opening,” Lisa Smith told Mainebiz.

The couple comes at the venture from surprising angles.

Lisa, a Calais native, worked at Dead River Co. in Calais for 17 years, first as office manager and then as general manager.

Over the past five years, Jeff, an Eastport native, has worked at the St. Croix Tissue mill in nearby Baileyville, where he was shift supervisor. Before that, he worked on the Eastport waterfront, fishing with his father.

The two have been together for about five years. They share a passion for visiting breweries in Maine and beyond. Now that their children are older, the couple said they had an opportunity to pursue their dream ...More info on site


Brewery news USA, NY: Other Half Brewing Company coming to Buffalo as soon as it secures liquor license for its new space
Buffalo's beer game is about to have a new celebrated player. Other Half Brewing Company, based out of New York City, is coming to Seneca One Tower, WKBW-TV reported on May 3.

Developer Douglas Jemal confirms that Other Half Brewing Company has signed a lease to occupy a total of 12,000 square feet in two buildings in Seneca One's eastern plaza.

"I wanted to activate the east end of the plaza", said Jemal. "Other Half will attract more people to Seneca One for beer and food. It wakes up that whole area".

Jemal says Other Half plans to open at Seneca One as soon as the brewery is able to secure a liquor license for the space. The hope is the location is ready to go by June 1st.

Other Half Brewing Company produces 7 of the Top 10 beers in New York State according to BeerAdvocate.

Other Half Brewing Company has locations in Brooklyn, Washington D.C., and The Finger Lakes. Buffalo beer fans lined up for hours this winter when the brewery stopped at Seneca One to offer specialty brews for purchase during "pop-up" events.


Brewery news USA, IL: Turner Haus Brewery to become Chicago’s first Black-owned brewery since Vice District Brewery shut down in 2019
Turner Haus Brewery co-owners Steven Turner, Blair Turner-Aikens and Nathaniel Aikens have officially put down roots in Bronzeville, Chicago, the Chicago Sun Times reported on April 30.

They will be opening Turner Haus Chicago in collaboration with local coffee shop chain Sip & Savor’s space (78 E. 47th St.) in the historic Rosenwald Court Apartments on the 4600 block of South Michigan Avenue by the end of the summer.

The collaboration makes Turner Haus Chicago’s first Black-owned brewery since Vice District Brewery shut down in 2019.

“We’re working on the specs now,” said Turner on April 30. He says the brewery’s beers, named after family matriarchs “Helen,” “Lola” and “Marlene,” among others, will be served on-tap. “Honestly, for the most part, it’s going to look exactly the same as it already does as far as the build out is concerned; the only difference is we’re just going to take over an area of [Sip & Savor’s] storage area.

“We’re going to retrofit that area and make it where it can accommodate both our brewery operation, our brew system, and our fermentation area. Their cold storage and their dry storage will be separate.”

The impetus for the collaboration took place last year ahead of the COVID-19 ...More info on site


Brewery news USA, FL: Dogfish Head Miami to launch its new brewpub on May 21
Dogfish Head Miami is gearing up for the opening at its brewpub in the Wynwood neighborhood, delawarebusinessnow.com reported on May 3.

The opening is slated for May 21.

The first Dogfish brewery outside Delaware took space occupied by Concrete Beach. Dogfish Head Alehouses in the Washington, D.C. area operate under a licensing agreement.

“At Dogfish, everything we do is centered around our exploration of off-centered goodness,” said Sam Calagione, Dogfish Head founder and brewer. “Whether it’s our hospitality properties, brewing our beers, or distilling our spirits, our ethos remains grounded in creativity and self-expression. That focus, coupled with our brand’s core links to art and music, and the proximity to one of the most robust year-round agriculture communities in the country, decided to open a brewpub in Wynwood an easy one to make. The synergies between Dogfish and the neighborhood are undeniable.”

The venue features colorful, larger-than-life murals adorning the brewery’s walls commissioned by local artists.

In addition to a newly designed taproom, the space features a full-service kitchen, an onsite brewhouse including custom brewing equipment, and a live performance system.

Dogfish Head Miami will center around house-brewed beers and scratch-made foods, featuring locally-grown culinary ingredients harvested from South Florida’s year-round crops. Dogfish ...More info on site


Brewery news USA, MN: Back Shed Brewing coming to St. Cloud this summer
The St. Cloud area is getting another brewery, the St. Cloud Times reported on May 3.

According to a press release, Back Shed Brewing will open this summer at 624 Sundial Drive, the former Crafts Direct Outlet Store location. The brewery will be run by the Schlecht family, who also own and operate Crafts Direct. Chris Simonson, who has 15 years of brewing experience, will be head brewer, the release said.

The space is under construction, the release said, and when it's ready, will feature a space for events and live music as well as a dog-friendly patio.


Brewery newsJapan: Asahi aiming at cracking non-alcohol drinks market
Asahi wants to crack a market that has proved surprisingly resilient during the coronavirus pandemic: non-alcohol drinks, the Financial Times reported on May 3.

Asahi’s ...More info on site


Brewery newsVietnam: Sabeco reports 37.5% increase in post-tax profit in Q1
Viet Nam's largest brewer Sai Gon Beer-Alcohol-Beverage JSC (Sabeco) earned VNĐ986 billion (US$42.6 million) in post-tax profit in the first quarter of this year, ...More info on site


Brewery newsGhana: Guinness Ghana Breweries post 24% increase in January-March net sales
Guinness Ghana Breweries, the leading total beverage business in Ghana, has posted a 24 percent year-on-year increase in net sales in January to March, ...More info on site


Barley newsAustralia: Grain production expected to reflect average output in 2021-22
Australia’s grain production is expected to reflect average output in the 2021-22 marketing year after a strong drought-recovery in the previous year, according to ...More info on site


Barley news Argentina: Farmers in Argentina to expand barley plantations by 28% this year
Farmers in Argentina are looking to cash in on a trade dispute between Australia and China, Bloomberg reported on May 5.

Argentine producers are poised to expand barley plantations by 28% this year, after China imposed tariffs on Australian exports of grain used to feed livestock, one of a series of similar restrictions imposed by Beijing after a deterioration. of his relationship with the island.

Farmers in the Argentine Pampa crop belt frequently compete with Australia for a share of world wheat sales, while also shipping their barley to camel herds in Saudi Arabia and other parts of the Middle East. However, diplomatic turmoil, which comes as concern among Argentine farmers grows that the government could increase export taxes on wheat, has opened up a possibility of an alliance with China.

Because wheat and barley are nearly interchangeable when used as animal feed ingredients, barley is often a highly sought-after replacement when wheat prices skyrocket. Since the end of June, benchmark wheat futures in the United States have risen 53%, hitting an eight-year high last week.

In the last decade, Australia has been the largest supplier of barley to China, according to MIT Media Lab data, with the Asian giant supplying more than half ...More info on site


Barley newsFrance: Condition of wheat and barley crop declines on impact from dry, cold weather in April
The condition of French wheat and barley declined sharply in the week to April 26, data from farm office FranceAgriMer showed on April 29, ...More info on site


Brewery news Australia: Government announces increase in beer excise tax rebate for small brewers
Australia’s Federal Treasurer Josh Frydenberg on May 1 announced an increase in the beer excise tax rebate from A$100,000 to A$350,000.

From July this year, eligible brewers and distillers will be able to claim a refund on any excise they pay up to an annual cap of A$350,000. Brewers can currently claim a rebate of 60 per cent of the excise they pay, up to an annual cap of A$100,000.

The move has been pre-announced ahead of the May 11 Budget.

The announcement comes after a long campaign by the Independent Brewers Association, and formerly the Craft Beer Industry Association, which argues the increased tax rebate will help Australian independent brewers reinvest and continue to grow.

“Today’s investment from the Morrison Government is helping to rebuild an Australian-owned beer industry that will turbo-charge growth and deliver skilled jobs in family-owned, independent breweries around the country,” Independent Brewers Association (IBA) Chairman Peter Philip said in a release.

The association campaigned for the excise break similar to the that enjoyed by the wine industry, arguing that even after the rebate, independent brewers are forecast to contribute more than A$200 million in excise to the government in the 2022 financial year, growing to more than A$300m in FY2025.

“Australia’s ...More info on site


Brewery news UK: Budweiser Brewing Group expects summer sport to boost beer sales
The return of the summer of sport will drive sales of 413 million pints of beer in the UK Off Trade this June, according to predictions from Budweiser Brewing Group, a subsidiary of AB InBev, KamCity reported on May 4.

Consumption of beer rockets during TV sports compared to the average at-home occasion, with the 2018 World Cup driving a 31 million pint increase in sales of beer. This year, the summer’s packed calendar of sporting events, including the Euros and Wimbledon Championships, is expected to present an unprecedented opportunity for the Off Trade to drive sales in the category.

Budweiser is forecasting that sales of beer in the summer months will grow around 20% compared to the last year of regular trading in 2019, equivalent to an additional 88 million pints sold.

Neil Baker, Head of Category Management at Budweiser Brewing Group, said: “Beer and sport go hand in hand for many consumers and for retailers, sporting occasions have always driven mammoth sales within the beer category. This year is set to be bigger than ever for stores, as Brits gather to celebrate the return of long-awaited sporting events at home.

“With just over a month until the Euros begin, stores need to ...More info on site


Brewery news South Korea: Oriental Brewery pays 400 bln won in dividends to mother company AB InBev
South Korea's largest beer maker Oriental Brewery (OB) paid 400 billion won in dividends to its Belgian mother company Anheuser-Busch InBev (AB InBev) for the second consecutive year despite its poor performance affected by COVID-19, the Korea Times reported on May 5.

OB is owned 100 percent by AB InBev and the entire dividend was paid to the headquarters in Leuven, Belgium.

Until last year, OB had been paying dividends once every two years. But this changed when the brewery sent 439 billion won in 2019 and 400 billion won last year.

The dividend payments have been exceeding its profits recently. OB's net profit in 2020 showed 274.3 billion won, which is 125.7 billion won lower than the 400 billion won it paid. A year earlier, the brewery remitted 58.4 billion won more in dividends than the net profit of 380.5 billion won it created.

From April 2014, when AB InBev took back OB from local private equity fund KPR for $5.8 billion, the Belgian company received a total 1.55 trillion won in dividends.

OB has been saying the amount of dividends only seems high because it was making the payments only every two years. But when it paid out for two years straight, OB ...More info on site


Brewery news Belgium: Trappist brewery Chimay to launch new permanent beer for the first time in 55 years
The Trappist brewery Chimay has announced that it will officially launch a new permanent beer for the first time in 55 years, unveiling the new Green labelled beer on an already colourful lineup, The Brussels Times reported on May 3.

Officially named Chimay 150, the new beer will join the Dorée, the Rouge, the Blanche (triple) and the Bleue, bringing the brewery up to 5 permanent beers.

According to the International Trappist Association, producing a new Trappist beer is no short order, and must meet certain criteria:

• Made within the immediate surroundings of the abbey; • Production must be carried out under the supervision of the monks or nuns; • Profits should be intended for the needs of the monastic community, for purposes of solidarity within the Trappist Order, or for development projects and charitable works.

“It was a beer that we had wanted to launch for a long time and for which the board of directors, which includes three monks, agreed this year,” Giselda Mercuri, marketing manager of Bières et fromages de Chimay told local media. “We were missing this beer, blonde, strong, a little rounder and with a more accessible bitterness than the Chimay Blanche (triple),” she added.

The beer – first brewed in 2012 to mark ...More info on site


Brewery news Germany: Oktoberfest cancelled for the second year in a row
Bavarian officials on May 3 canceled Oktoberfest festivities for the second year in a row due to concerns over the spread of COVID-19, saying there are too many risks in hosting the celebrations — which bring in visitors from around the world — during a global pandemic that’s still ongoing, the Pittsburgh Post-Gazette reports.

Bavarian Governor Markus Soeder said it was with “heavy hearts” that officials decided to call off the festival for which the state is known globally, but that with coronavirus case numbers still stubbornly high and German hospitals already struggling, it had to be done.

“Oktoberfest will be held again and will be big again,” Soeder pledged.

Germany is in the middle of a coronavirus lockdown that includes a ban on large gatherings, with an infection rate of 146.9 new weekly infections per 100,000 residents.

Bavaria is slightly below the national average, with 145.4 new weekly infections per 100,000, according to the country’s disease control center, the Robert Koch Institute.

Oktoberfest typically attracts about 6 million visitors from around the world and had been scheduled from Sept. 18 to Oct. 3.

The combination of huge tents full of people and the consumption of large quantities of alcohol, as well as the possibility for ...More info on site


Brewery news Italy: Birra Peroni brings Czech beer Kozel to Italy
Italian beer brand Birra Peroni has boosted its portfolio of premium beers in Italy with the addition of Czech brand Kozel, the ESM Magazine reported on April 29.

In Italy, Kozel will be produced in the Padua plant, in both Premium Lager and Dark Lager variants, reports La Repubblica.

With a presence in 48 countries, the Czech beer brand sells 4.5 million hl globally.

The premium lager segment accounts for 30% of the beer market in Italy, and is the fastest growing category, with international lagers accounting for €613 million worth of sales in 2019.

Named after a billy goat, the Kozel brand began 150 years ago in the Czech Republic, in the village of Velké Popovice.

Its products include Kozel Premium Lager (4.6% vol) and Kozel Dark Lager (3.5% vol), with both brands receiving more 200 awards over the years, in recognition of their quality.

The launch of the Kozel brand is only one of the elements of Birra Peroni’s growth strategy in Italy, sales director Davide Gibertini told La Repubblica.

In response to the growing trend for zero alcohol beer, earlier this year Birra Peroni, which is owned by Japanese drinks giant Asahi, launched the Nastro Azzurro Zero beer. It expects non-alcoholic beers to account ...More info on site


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