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E-Malt.com Newsletter 29a
July 19 - July 21, 2021
Quote of the Week
Don't brood. Get on with living and loving. You don't have forever.
Leo Buscaglia
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Currency Rates
Base Currency: US Dollar
on July 21, 2021 |
Base Currency: Canadian Dollar
on July 21, 2021 |
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1 USD = 0.8486 EUR
1 USD = 0.7332 GBP
1 USD = 1.2733 CAD
1 USD = 1.3645 AUD
1 USD = 109.6500 JPY
1 USD = 5.2404 BRL
1 USD = 74.4793 RUB
1 USD = 6.4830 CNY
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1 CAD = 0.7852 USD
1 CAD = 0.5757 GBP
1 CAD = 0.6664 EUR
1 CAD = 1.0714 AUD
1 CAD = 86.1000 JPY
1 CAD = 4.1148 BRL
1 CAD = 58.4825 RUB
1 CAD = 5.0906 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Big brewers suggest celebrating the easing of pandemic restrictions with new zero alcohol lagers
...Click here
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Canada, ON: Ganaraska Brewing Company hoping to launch on September 24 in Port Hope
...Click here
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USA, NJ: The Farm Truck Brewing coming to Medford this year
...Click here
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USA, CT: Athletic Brewing Co. to open new non-alcoholic brewery in Milford
...Click here
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USA, PA: Black Rock Brewing Company to land in Linglestown this summer
...Click here
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USA, TX: Sherman Planning and Zoning Committee approves 903 Brewers’ plan for a new facility
...Click here
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USA, CA: Fort Point Beer Company closes its brewing venture in Marin
...Click here
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USA, CA: Mill Valley Beerworks closes down permanently
...Click here
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USA, FL: River City Brewing Company to close its doors after 27 years of business
...Click here
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Italy: K-Adriatica’s subsidiary Italmalt to build Italy’s largest malting plant in Loreo (RO)
...Click here
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India: Beer industry to benefit with unlocking - report
...Click here
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Ukraine: Beer and malt production decline in H1 2021
...Click here
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EU: Barley production forecast to drop to 53.501 mln tonnes in 2021/22
...Click here
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Bulgaria: Bulgarian brewers report H1 beer sales similar to last year’s
...Click here
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United Kingdom: Barley crop forecast at about 7.3 mln tonnes with malting selection at about 1.75 mln
...Click here
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EU: Grain farmers take advantage of warm, dry spell to make headway in harvesting
...Click here
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World: Concern over food inflation makes governments impose price limits, grain export prohibitions
...Click here
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Germany: Craft beer popularity increasing as consumers become more experimental
...Click here
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Serbia: Bankrupt Belgrade Brewing Industry put up for sale
...Click here
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UK: Owners of The Scotch Malt Whisky Society reports 28% increase in online sales
...Click here
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France: France reports worsened condition of soft wheat crop, winter barley harvested from 44% of the area
...Click here
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Malaysia: Carlsberg and Heineken among top gainers on Bursa Malaysia
...Click here
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Australia: East Coast barley prices under pressure as farmer selling picks up
...Click here
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Ukraine: Barley export reaches 207,000 tonnes so far this season
...Click here
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Graph of the Week
Table of the Week
North America's Barley Imports, Production, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 July
1860 - 1st railroad reaches Kansas
1967 - 1st air conditioned New York City subway car (R-38 on the F line)
20 July
1837 - Opening of London's first major railway station - at Euston
1868 - 1st use of tax stamps on cigarettes
1903 - The Ford Motor Company ships its first car
1992 - Charles Schwab opens its "mutual fund supermarket," allowing investors to choose from hundreds of different funds without paying transaction fees, as it introduces its OneSource program
21 July
1955 - Ian Donald made his first investigation of the use of ultrasound in medical diagnosis
1969 - Astronaut Neil A. Armstrong was the first man to walk on the Moon
2011 - NASA's Space Shuttle program
Agenda
July 2021:
22 - 24: InnBrew 2021 (Barcelona, Spain)
August 2021:
13 - 14: Beervana 2021 (Wellington, New Zealand)
24 - 26: 2nd VLB Africa Brewing Conference (Online)
September 2021:
01 - 21 November: Brussels Beer Challenge 2021 (Brussels, Belgium)
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 20: The International Beer Cup 2021 (Yokohama, Japan)
21 - 23: 11th Ibero-American VLB Symposium (Online)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
23 - 25: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
30 - 02 October: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
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)
18 - 20: Expo Antad & Alimentaria Mexico 2021 (Mexico City, Mexico)
20 - 22: drink technology India 2021 (Mumbai, India)
22 - 23: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
November 2021:
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
04 - 09: The European Beer Star 2021 (Munich, Germany)
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)
20 - 23: Beer & Food Attraction 2022 (Rimini Expo Centre, Rimini, Italy)
March 2022:
09 - 12: Festival Brasileiro da Cerveja 2022 (Blumenau, Brazil)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
April 2022:
01 - 01: Zythos Beer Festival 2022 (exact dates to be confirmed) (Leuven, Belgium)
May 2022:
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: Bev Expo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
News Articles
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USA: Big brewers suggest celebrating the easing of pandemic restrictions with new zero alcohol lagers
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While many drinkers may celebrate the easing of pandemic restrictions with a beer or glass of wine, the world's biggest brewers will be urging them to try new zero alcohol lagers, Reuters reported on July 20.
Having lost market share to craft beers and hard seltzers - or alcoholic fizzy water - top brewers like AB InBev and Heineken are betting on a new generation of non-alcoholic beers to help regain ground by tapping into healthy-living trends.
But the pandemic cancelled business lunches, emptied sports facilities and left no one driving back from parties or bars - all prime territories for sales of zero alcohol drinks.
Global non-alcohol beer sales fell 4.6% in 2020 in value terms to $11.6 billion after 9% average annual growth in the previous four years, according to market research provider Euromonitor International.
The ending of restrictions in the United States and Europe is now making it easier for brewers to get drinkers to try out new zero alcohol versions of their top-selling brands - something they believe will be crucial to ramping up sales.
"The main barrier for consumers is expectations, as in that they do not expect it to taste good," said Borja Manso-Salinas, vice president for marketing of
...More info on site
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Canada, ON: Ganaraska Brewing Company hoping to launch on September 24 in Port Hope
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The new Ganaraska Brewing Company development in Port Hope is taking shape, the Toronto Star reported on July 17.
And come September, residents will be welcomed inside and onto its rooftop patio overlooking the Ganaraska River.
“The last of our equipment was delivered last week, and so we’re just sort of setting it up now,” said co-owner Dave Dines. “We’re going to be starting brewing probably in the next two weeks, and so we’re really hoping to be open on the 24th of Sept., which is a Friday.”
Owned and operated by brothers Dave and Steve Dines, the artisanal brewery, located at 33 Mill St. S. in Port Hope, will feature a rooftop patio that can accommodate about 50 people, a ground-floor patio area with seating for about 20 and a tap room/tasting room with capacity for about 80-85 people, as well as a to-go beer shop, once it swings open its doors in September.
At their opening launch, the team will unveil five original beers, and folks can expect the best, as the Dines have brought in a top-of-the-line brewmaster, said Dave.
To help run their kitchen, the Dines have partnered up with Cobourg’s Craft Food House.
They do amazing work, and the brewmaster will
...More info on site
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USA, NJ: The Farm Truck Brewing coming to Medford this year
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The Farm Truck Brewing is the new brewery coming to Medford, New Jersey, WPST reported on July 16.
According to South Jersey Beer Scene, the Farm Truck Brewing will be located in Downtown Medford. It is a brewery that was "built from the ground up." This new brewery in Medford is being started by two guys that randomly met while enjoying some beers, Brooke Todswell and Jay Kuhn.
In a Facebook video shared by Farm Truck Brewing, it was stated that the two owners' goal is to make sure they make "great beer for great people that want to have a good time."
Every detail inside Farm Truck Brewing is inspired by the Garden State because the owners want to make sure you feel like you are at home. The Farm Truck Brewing's main focus is to make sure they stay as local as possible with both the decor as well as the taste of the beer.
On the Farm Truck Brewing website, it does not say when the opening date of the brewery will be but it does state that it will open sometime this year.
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USA, CT: Athletic Brewing Co. to open new non-alcoholic brewery in Milford
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Stratford-based Athletic Brewing Co. will open a new non-alcoholic brewery in Milford, according to the Connecticut Post.
Athletic Brewing Co. will renovate an industrial property at 75 Cascade Blvd. into the "largest non-alcoholic brewery on the East Coast." The new brewery is expected to bring around 100 jobs to Milford.
The property was recently purchased for $14.9 million and Athletic Brewing Co., which also has a facility in San Diego and plans on expanding in Stratford, signed a long-term lease in Milford, according to the Post.
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USA, PA: Black Rock Brewing Company to land in Linglestown this summer
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Black Rock Brewing Company is landing in Linglestown this summer, PennLive.com reported on July 19.
The Pottsville brewery is expanding with a second brewpub at 5948 Linglestown Road in Lower Paxton Township. It will open July 30 in a former church, considered by some to be a Linglestown landmark.
“We’re going for the mass appeal,” said Bobby Weaver, partner with Marty Schoffstall, owner of Spring Gate Vineyard & Winery in Lower Paxton Township. “The menu is built in a way that everything is enjoyable.”
The space will accommodate indoor and outdoor seating with something for everyone, he said. Initially, it will be open Fridays and Saturdays.
Weaver added Black Rock’s goal is to be a multi-faceted venue with events such as Olympics Games viewing nights, comedy and live music.
It will serve a limited menu of signature stuffed pretzel rolls like Buffalo chicken and chicken bacon ranch along with baked Brussels sprouts sprinkled with Everything But the Bagel seasoning and topped with garlic aioli.
Of course, Black Rock beer will be on tap as well as some of Spring Gate’s beers. Black Rock’s beer lineup covers drinkable styles such as blonde ales, light lagers, mild IPAs and German pilsners.
“We also have this really unique tap system
...More info on site
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USA, TX: Sherman Planning and Zoning Committee approves 903 Brewers’ plan for a new facility
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The Sherman Planning and Zoning Committee unanimously approved 903 Brewers’ plan for a new facility and the next step is bringing the plans before city council, KXII reported on July 21.
“Right now we are broken into two buildings, our tap room and restaurant on one side and our production facility on the other side,” said 903 Brewers owner Jeremy Roberts. “At the new facility, you’ll be able to have a beer, have a burger, have a pizza and look into the production facility and see the guys brewing the beer, see them packaging the beer and see how the magic happens.”
Roberts says business at 903 is outgrowing their current facility on the 1700 block of South Elm, both figuratively and literally.
“Currently where we’re at we have 14 feet ceilings and at the new building we’re going to have 28 foot ceilings,” Roberts said. “We’ll be able to get much larger tanks there and we’ll be able to produce a lot more beer.”
Roberts has his eyes set on a plot of land at 3232 Northgate Drive in Sherman for the new site of 903 Brewers. The new 903 will feature a taproom, restaurant, warehouse, grain silos and will feature a 4000
...More info on site
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USA, CA: Fort Point Beer Company closes its brewing venture in Marin
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Fort Point Beer Company has closed its first brewing venture in Marin after 11 years, SFGate reported on July 20.
Mill Valley Beerworks opened in 2009 when Fort Point founders Justin and Tyler Catalana "first got the brewing bug and set out to open a small brewery and cafe nestled among the redwoods," the beer company said on Instagram.
The Catalana brothers could not be immediately reached for comment as to why the restaurant and brewery closed.
Mill Valley Beerworks was "crowdfunded by the community and built by hand by the brothers with their dad Michael," the social media post says.
Just five years after Beerworks' founding, the Catalanas launched Fort Point Beer Company in San Francisco. They now run four taprooms in San Francisco and Oakland, as well as a brewery in the Presidio. All taprooms are currently closed, with the exception of the Lower Haight location.
Beerworks was closed in March 2020 because of the COVID-19 pandemic and has not opened its doors since.
"It's hard to argue that 11 years isn't a good run," they said on Instagram. "Thank you to everyone who's ever been part of the Beerworks family."
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USA, CA: Mill Valley Beerworks closes down permanently
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Mill Valley Beerworks, where Fort Point Beer Company’s brewery empire got its start in 2009, has closed permanently, the San Francisco Chronicle reported on July 16.
“We are sad to say that we won’t be re-opening, but it’s hard to argue that 11 years isn’t a good run,” the owners wrote on Instagram on July 15.
Fort Point founders and brothers Justin and Tyler Catalana could not be immediately reached for comment, and the social media post didn’t say why they decided to close the Mill Valley beer bar and restaurant.
The Catlana brothers opened Mill Valley Beerworks on Throckmorton Avenue in 2009, crowdfunding to cover the costs and their family chipping in to build the space. They later added a kitchen to the small brewery. Mill Valley Beerworks became a neighborhood go-to for beer and a full-fledged food menu with inventive vegetables that earned two-and-a-half stars from former Chronicle restaurant critic Michael Bauer in 2016. Mill Valley Beerworks remained closed throughout the pandemic.
Fort Point has gone on to become one of the Bay Area’s most prominent and popular craft breweries. The Catalanas now run four taprooms in San Francisco and Oakland and a brewery in the Presidio. Only the Lower Haight taproom
...More info on site
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USA, FL: River City Brewing Company to close its doors after 27 years of business
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The River City Brewing Company in Downtown will close its doors after 27 years of business, News4Jax reported on July 18.
The restaurant will be open for one final brunch and lunch on July 18 from 10:30 a.m. until 2:30 p.m. Once the restaurant is closed the River City’s bar will have a dance party from 3:30 until 11 p.m. to commemorate the businesses success.
The parent company of the restaurant Maritime Concepts L.C., sold its lease to developer Related Group, who intends to buy out the remaining 76 years of a 99-year land lease with the city on August 2.
The proposed project that is expected to cost close to $100 million will include an 8-story apartment building with more than 320 units, a restaurant facing St. Johns River Park and Friendship Fountain and a 500-space parking garage.
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Italy: K-Adriatica’s subsidiary Italmalt to build Italy’s largest malting plant in Loreo (RO)
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The largest malt house in Italy, expected to launch in 2023 will be branded K-Adriatica, a company active for over 50 years in the
...More info on site
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India: Beer industry to benefit with unlocking - report
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India’s beer industry, which is significantly dependent on out-of-home consumption, will see a favourable unlock play, with revival in consumption as offices open up
...More info on site
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Ukraine: Beer and malt production decline in H1 2021
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Ukraine’s January-June beer production declined by 5.4% to 8.43 mln hl, trade association Ukrpivo reported on July 16.
The figure does not include zero alcohol
...More info on site
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EU: Barley production forecast to drop to 53.501 mln tonnes in 2021/22
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EU Commission’s Barley Supply and Demand Balance of June 24 puts the forecast for the EU-27 barley production in 2021/22 at 53.501 mln tonnes
...More info on site
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Bulgaria: Bulgarian brewers report H1 beer sales similar to last year’s
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Bulgarian brewers invested some 20 million levs ($12.1 million/10.2 million euro) in fixed assets in the first half of 2021, the Union of Brewers
...More info on site
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United Kingdom: Barley crop forecast at about 7.3 mln tonnes with malting selection at about 1.75 mln
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The UK anticipates a total barley crop of 7.3 mln tonnes, H. M. Gauger GmbH said in their July report.
Spring barley production is
...More info on site
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EU: Grain farmers take advantage of warm, dry spell to make headway in harvesting
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Grain farmers in western Europe are taking advantage of a warm, dry spell to make headway in harvesting, but the clear skies may have
...More info on site
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World: Concern over food inflation makes governments impose price limits, grain export prohibitions
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Food inflation (retail prices) has become a great concern in numerous countries, especially in Russia, many Asian and South American countries. Governments impose price
...More info on site
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Germany: Craft beer popularity increasing as consumers become more experimental
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Germany’s traditional beer industry is being ‘threatened’ by craft beer as consumers are becoming more experimental with products, claimed GlobalData, a data and analytics company.
“Since 1516, German breweries have maintained focus on the German Purity Law; however, this is set to change with the entrance of the craft beer segment,” said Holly Inglis, Beverages Analyst at GlobalData. She furthered commented on how COVID-19 restrictions affected the hospitality and trade industry, with a reduction in tourism and on-premise closures hindering consumption opportunities.
According to GlobalData, from 2015-2020 Germany’s beer market recorded a compound annual growth rate (CAGR) loss of 1.3 percent, in line with consumers who are both monitoring and reducing their intake of alcoholic beverages.
Germany’s craft market growth has been slow, as research suggests consumers opt for class German beer. Inglis described the craft market as “unique” and “trendy”, and claimed that, “craft beer types have started to gain a stronger presence since 2019, with larger breweries such as Riedenburger and Glaabsbrau innovating in craft production lines, as well as developments from more niche breweries like Brlo.”
According to GlobalData’s latest survey, 19 percent of German consumers sometimes try varieties of alcoholic beverages, refocusing demand for novel products. It must also
...More info on site
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Serbia: Bankrupt Belgrade Brewing Industry put up for sale
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The bankrupt Belgrade Brewing Industry (BIP), whose value is estimated at 4.17 billion dinars, has been put up for sale followed by a public collection of bids, the Agency for Licensing of Bankruptcy Administrators announced on July 19.
The most important assets of BIP in Belgrade include the production complex on Vojvode Radomira Putnika Street in Belgrade, of a total surface area of more than 26,000 square metres, and the juice factory on Zrenjaninski put, which spans over 11,000, reports the Tanjug news agency.
Apart from BIP, in the same package, the Čačak beer and malt factory, commercial facilities in Obrenovac, Kosovska Mitrovica, Alibunar, a shopping centre in Kragujevac and a flat in Budva are also offered for sale.
BIP also sells 12 brands registered in Serbia, including Bg light and dark beer and Russian yeast, as well as three international brands. Also listed as important assets are disputed rights to vinegar products, as well as equipment in production facilities in Belgrade and Čačak.
The deadline for submitting offers for the purchase of BIP is 16 August. Once one of the biggest beer producers in the country, Belgrade Brewing industry has been bankrupt since 2016.
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UK: Owners of The Scotch Malt Whisky Society reports 28% increase in online sales
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The Artisanal Spirits Company, the owner of The Scotch Malt Whisky Society, has enjoyed a 28 per cent lift to online sales in the UK despite minor membership growth, City A.M. reported on July 19.
Despite last year’s lockdown spurring on drinking habits, the spirits company pulled in £1.7 mln in the six months to 30 June, in comparison to £1.3 mln during the UK’s first lockdown.
Executive managing director, David Ridley, said: “While Brexit continues to present logistical challenges for exports to the EU, we are working through these issues.
“We welcome the long-term suspension of US tariffs which took effect last month, not only does this provide an economic benefit to the business but also enables us to progress our strategic objectives in the USA with confidence.”
Demand from European members remains robust, the company said, despite the “ongoing challenges Brexit continues to pose to EU exports”.
International sales grew 24 per cent, pulling in just over £1 mln more than in the same period in 2020 from its global members, buoyed by the suspension of US tariffs on imports of Scotch whisky this year.
However, the company’s total memberships increased just one per cent, suggesting consumers are drinking more than they were a
...More info on site
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France: France reports worsened condition of soft wheat crop, winter barley harvested from 44% of the area
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The condition of French soft wheat declined in the week to July 12 while farmers made little progress in harvesting during unusually wet weather, data from farm office FranceAgriMer showed on July 16.
Some 76% of soft wheat was in good or excellent condition against 79% a week earlier, it said in a cereal crop report. That remained well above a score of 55% a year ago when France was harvesting one of its smallest wheat crops in decades.
France, the European Union’s largest grain grower, is widely expected to see a rebound in wheat production. The farm ministry this week forecast a 27% jump in soft wheat output compared with the 2020 crop, 11% above the average of the past five years.
However, heavy rain so far this summer has raised concern about late losses to yields and particularly a deterioration of grain quality that determines wheat’s suitability for milling.
FranceAgriMer’s crop ratings give an assessment of yield potential and not grain quality, which is hard to assess until crop is harvested.
Severe flooding in western Europe this week has killed at least 81 people in Germany and part of northeastern France was on flood alert on July 16.
The drenching weather has slowed harvest
...More info on site
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Malaysia: Carlsberg and Heineken among top gainers on Bursa Malaysia
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Carlsberg Brewery Malaysia Bhd and Heineken Malaysia Bhd emerged among the top gainers on Bursa Malaysia in the morning session on July 19 as investors bet on their resurgent recovery, The Edge Markets reported.
Carlsberg opened at RM21.20, reaching an intraday high of RM21.66 before settling at RM21.60, making it the second top gainer on Bursa at the 12.30pm break. At RM21.60, the group was valued at RM6.6 billion.
Heineken also rose 22 sen or 1.01% in the morning on July 19 to settle at RM22, with a market value of RM6.65 billion. Heineken — the fifth top gainer on July 19 — saw a trading volume of 85,900 shares.
In a July 7 note, UOB Kay Hian said that Carlsberg’s distribution trade channels were sufficiently stocked despite the suspension of operations running into the sixth week then.
“But should operations continue to be suspended beyond July, we estimate a 4% impact on 2021 earnings for every week it (the suspension) is being extended. However, we think investors would be forward-looking as Carlsberg remains poised for a resurgent recovery,” it added.
The research house maintained its "buy" call on Carlsberg, with a target price (TP) of RM25.
CGS-CIMB Research, meanwhile, said in a
...More info on site
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Australia: East Coast barley prices under pressure as farmer selling picks up
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East Coast barley prices came under pressure as farmer selling picked up into a market as buyers eye-off another thumping harvest, the Queensland Country Life reported on July 19.
An abundance of natural pastures and the absence of export buying from China have significantly eroded demand for Australian barley in recent years.
Two years of drought through 2018 and 2019 forced farmers to feed barley to keep livestock alive. In many cases farmers were forced to buy in supplies at a crippling cost. This was reversed in 2020 as record high barley yields filled on-farm storages to the brim, offering an abundance of supplies for the domestic feeders.
The situation was further complicated in the south. An absence of export demand from China left Victorian farmers looking for new overseas buyers to absorb excess supplies from last year's bumper crop.
Southern Queensland barley bids slipped as farmer selling in NSW picked up to make room for another massive harvest. Old crop barley prices fell A$5 to A$295 delivered into the Daring Downs last week. New crop barley prices into the Downs were steady at A$270 a tonne.
Southern barley markets also came under pressure last week on tepid export demand. Solid early season export demand
...More info on site
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Ukraine: Barley export reaches 207,000 tonnes so far this season
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Ukraine's grain export has reached 1 million tonnes so far the new 2021/22 July-June season, 108,000 tonnes less than a year earlier, agriculture ministry data showed on July 19.
That included 292,000 tonnes of wheat, 207,000 tonnes of barley and 498,000 tonnes of corn, the data showed.
Ukraine, which has already started the 2021 grain harvest, plans to thresh around 76 million tonnes of grain in 2021 compared to 65 million tonnes in 2020.
The government has said grain exports could rise to 56 million tonnes in the 2021/22 season including 20.7 million tonnes of wheat, 30.7 million tonnes of corn and 4.1 million tonnes of barley.
Exports totalled 44.6 million tonnes in 2020/21.
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