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E-Malt.com Newsletter 32a
August 09 - August 11, 2021
Quote of the Week
If we have the attitude that it's going to be a great day it usually is.
Catherine Pulsifier
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Currency Rates
Base Currency: US Dollar
on August 11, 2021 |
Base Currency: Canadian Dollar
on August 11, 2021 |
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1 USD = 0.8527 EUR
1 USD = 0.7222 GBP
1 USD = 1.2554 CAD
1 USD = 1.3626 AUD
1 USD = 110.4700 JPY
1 USD = 5.2193 BRL
1 USD = 73.7519 RUB
1 USD = 6.4824 CNY
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1 CAD = 0.7965 USD
1 CAD = 0.5752 GBP
1 CAD = 0.6792 EUR
1 CAD = 1.0852 AUD
1 CAD = 87.9900 JPY
1 CAD = 4.1569 BRL
1 CAD = 58.7399 RUB
1 CAD = 5.1629 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Mexico: Beer leads Mexico’s agricultural and agro-industrial exports in January-May this year
...Click here
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Canada, AB: Labatt Breweries puts finishing touches on major facility expansion in Edmonton
...Click here
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Canada, BC: Locality Brewing now open to public in Langley
...Click here
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USA, OH: Aeonian Brewing Co. aims for everlasting mission in Alliance
...Click here
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USA, KY: Noble Funk Brewery coming to Old Louisville soon
...Click here
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USA, CA: Fieldwork Brewing Company officially opens its new Napa Valley location
...Click here
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EU: Malt export business continues at stupendous pace
...Click here
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Japan: Kirin Holdings reported 28.7% first-half profit decline
...Click here
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EU: With barley crop forecast to decline EU participation in world markets to be lower than in past years
...Click here
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Nigeria: COVID-19, FX dampen brewery sector’s growth in Q2 2021
...Click here
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France: Per capita beer consumption increases to 33 litres and number of craft brewers to about 2,000 in 2020
...Click here
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Brazil: Hops and barley production increasing to meet domestic demand
...Click here
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Australia: Barley production forecast 25.7% above the 10-year average but 10% lower than last season’s total
...Click here
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Argentina: Prospects of record wheat crop take a hit from bad weather
...Click here
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Japan & Myanmar: Kirin writes off $193 mln for Myanmar beer unit, does not plan to exit market
...Click here
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Spain: Spanish brands account for 60% of national beer map
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
09 August
1874 - Harry S Parmelee patents sprinkler head
1945 - US drops 2nd atomic bomb "Fat Man" on Japan destroys part of Nagasaki
1976 - USSR launches Luna 24, last Lunar flight to date from Earth
10 August
1500 - Diego Diaz discovers Madagascar
1793 - The Musee du Louvre is officially opened in Paris, France
1961 - England applies for membership in the European Common Market
1981 - Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 - UN estimates Asia's population hit 3 billion
11 August
1909 - SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1992 - The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota
Agenda
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
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:
04 - 09: The European Beer Star 2021 (Munich, Germany)
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)
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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Mexico: Beer leads Mexico’s agricultural and agro-industrial exports in January-May this year
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With 2,215 million dollars in the first five months of 2021, beer ranked first in Mexico’s agricultural and agro-industrial exports, the Ministry of Agriculture and Development reported on August 6.
The figure represents a growth of 30.3% compared to the same period of 2020 when it totalled 1,701 million dollars.
In a statement, the Ministry of Agriculture recalled that in 2020 foreign sales of beer totaled 4,685 million dollars, according to figures from the Bank of Mexico.
The main importers of Mexican beer are the United States, Australia, Canada, Chile, Guatemala, and the United Kingdom.
In addition, the agency pointed out that Mexico ranks 31st in the world scale of producing countries of barley used for brewing beer, which is equivalent to 0.6% of global production.
The report specified that the state of Guanajuato ranked as the main barley producing state in 2020, with 32.5% of the national total, followed by Hidalgo with 25.5%, and Puebla with 12.4%, all three in the centre of the country.
Mexico is the world’s leading exporter of beer and accounts for 26.9% of the world market, followed by the Netherlands (13.3%) and Belgium (12.7%), according to the United Nations International Trade Center.
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Canada, AB: Labatt Breweries puts finishing touches on major facility expansion in Edmonton
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Labatt Breweries of Canada has put the finishing touches on a major facility expansion in Edmonton that has added 30,000 square feet of warehouse space and a brand new ready-to-drink production facility, the Edmonton Journal reported on August 9.
Of the company’s recent C$119-million capital investment in Alberta, C$69.2 million has been put toward upgrading the Edmonton brewery that can now produce Labatt products that haven’t been made locally before.
“It’s really a facility that will let us make brands like Mike’s Hard Lemonade, Palm Bay, Okanagan Cider, American Vintage to name a few, and in the near future brands like NUTRL Vodka Soda as well, right here with our amazing team,” said Peter Delamont, general manager of Labatt Edmonton Brewery.
“It really positions the brewery for the future, allowing us to produce these brands that are in high demand and continuing to grow across the west and across North America.”
Mike’s Hard Lemonade and other ready-to-drink beverages are also made in B.C., Ontario and Quebec.
The extra warehouse space is needed because the facility will be producing more products, which also means more jobs for the city.
“We’re really excited about that, creating new jobs and setting our brewery up for future growth to address
...More info on site
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Canada, BC: Locality Brewing now open to public in Langley
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British Columbia’s newest “field-to-glass” brewery is now open to the public in Langley, the Canadian Beer News reported on August 6.
Locality Brewing has been founded by Andrew Hamer and Melanie MacInnes, and is located on MacInnes’ 96 acre family farm, where all ingredients for the beers including hops, barley, wheat, rye, berries, and honey are grown and produced.
Head brewer Karen Cheshire – previously at Central City and Steamworks – has crafted an initial beer line-up that includes Wild Side of 248th IPA (6.5% abv), Thank You Lager (5.6% abv), English Pale Ale (4.5% abv), and Blackberry Sour Slush (5% abv).
While the brewery doesn’t currently feature indoor seating, patrons are welcome to get beer and snacks from the barn shop and take them outside to enjoy in a picnic area. Tours of the brewery, malt house, and farm property are also offered.
Locality Brewing is located at 7111 252 St. in Langley, and is currently open to visitors from 3:00 PM on Thursday and Friday, and 12:00 noon on Saturday and Sunday, closing at sunset each day.
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USA, OH: Aeonian Brewing Co. aims for everlasting mission in Alliance
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If its name is any indication, Aeonian Brewing Co. will be around for quite a while, Cleveland.com reported on August 9.
Owners Brandon Benson and Dean Economous initially chose “Catalyst” as the name, but they lost it in a trademark situation to a company that doesn’t even brew craft beer. No matter; their second choice is working out well.
“My wife and I found it,” Benson said of ‘Aeonian’. “Because it is Greek, I thought ‘I don’t know if this is exactly what it means’,” he said. But he put it on the list, and eventually conferred with Economous, who is Greek. Turns out it was on his list, too.
And, he told Benson, the definition was correct.
“It means what we’re trying to achieve here,” Benson said. “The property has been here forever. … Everyone knew the Mount Union Mill (pet and garden supply). It had a lot of history anyways in Alliance, and we just wanted to continue it.”
The name also piques the customers’ interest.
“It actually ended up working better because now most people ask us how to say it,” Benson said. “It’s Aoenian Brewing Company, it’s Greek for ‘eternal and everlasting.’ What does it mean? There’s all of our ice breakers.
...More info on site
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USA, KY: Noble Funk Brewery coming to Old Louisville soon
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John and Dominique Shrader have been chasing this dream for the better part of a decade. The husband and wife business team is transforming a former Kroger grocery store into a massive brewery, restaurant and event space in Old Louisville. The couple is banking on beer in a land of bourbon, Spectrum News 1 reported on August 9.
“It’s funny to see how your career changes," Dominique Shrade said while touring the progress of Noble Funk Brewery's construction.
Dominique is one-half of the duo behind Noble Funk Brewery.
“I feel like all I’ve done is say 'we’re opening a brewery, we’re opening a brewery,' for like the last eight years and finally we really are opening a brewery! It’s a real thing. It’s happening."
It is happening in the former Kroger building near Breckinridge Street and South 2nd Street in Louisville. Shrader’s husband Johnathon will handle the beer-making side of Noble Funk. Previously, the couple lived in Florida before moving back home to Kentucky.
“Our dream was to always come back here and start our own venture. My husband really became passionate about beer and brewing after doing a little bit of traveling with his family. We went to Belgium and experienced all the history
...More info on site
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USA, CA: Fieldwork Brewing Company officially opens its new Napa Valley location
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An ambassador for craft beer in Berkeley, California, Fieldwork Brewing Company officially opens its brand-new Napa Valley location featuring a large outdoor beer garden and expansive indoor taproom at the Oxbow Public Market Annex (1046 McKinstry Street, Napa), The Full Pint reported on August 10.
Fieldwork Brewing first opened its taproom inside the Oxbow Public Market in 2016. At the adjacent Annex, Fieldwork now operates a much larger locale with an indoor footprint of 1,450 square feet and a 900 square feet outdoor European-style beer garden. The new Fieldwork Taproom and Beer Garden at Oxbow Public Market Annex overlooks the Napa River and Oxbow Commons green space, and is located next to The Fatted Calf and Model Bakery.
"We are excited to have a much bigger indoor/outdoor space to present a Fieldwork environment that is more akin to our other Bay Area locations," said Barry Braden, CEO and Co-Founder of Fieldwork Brewing Company. “Our goal is always to provide the best hospitality, a casual environment, and exceptional beers — as fresh as possible and directly from the source.”
Steve Carlin, Founder and Managing Partner of Oxbow Public Market stated, “Barry and Alex always produce a terrific product and fun atmosphere. We expect
...More info on site
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World: First-half beer sales increase in China, US
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China’s beer sales amounted to 39 mln hl in June this year, whereas the January-June volume totalled 189 mln hl – 10.25% more than
...More info on site
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EU: Malt export business continues at stupendous pace
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Before the corona pandemic the EU malt industry was reported to be oversold. During the time of lockdowns, lower beer sales necessitated slower production
...More info on site
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Japan: Kirin Holdings reported 28.7% first-half profit decline
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Kirin Holdings Co. Ltd., a Japanese manufacturer of alcohol beverages and soft drinks, reported on August 10 that its first-half profit attributable to owners
...More info on site
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EU: With barley crop forecast to decline EU participation in world markets to be lower than in past years
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The EU Commission’s Barley Supply and Demand Balance report of July 30, 2021 puts the EU-27 barley crop forecast at 54.6 mln tonnes in
...More info on site
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Portugal: Beer production, sales drop in 2020
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Portugal beer sales dropped by 15% in 2020 due to the pandemic restrictions, but exports increased by 9%, the Executive Digest reported on August
...More info on site
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Nigeria: COVID-19, FX dampen brewery sector’s growth in Q2 2021
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A look at the second quarter (Q2 2021) financial performance of Nigeria’s top brewery giants - Nigerian Breweries Plc, International Breweries Plc and Guinness Plc has shown that the spill -over effect of the COVID-19 pandemic amplified the impacts of structural challenges besetting the industry’s operating environment which has left investors counting and lamenting their losses, The Daily Sun reported on August 9.
Before 2014, the major talking point on the industry’s operating environment was the increased attraction of global players such as Heineken and SABMiller, due to years of strong industry profitability performance.
For instance, between 2006 and 2014, the industry’s gross and earnings before interest, taxes, depreciation and amortization (EBITDA) margins averaged 47 per cent and 26.0 per cent respectively. This was made possible by the impressive performance of the broader economy, as annual real GDP growth averaged 6.4 per cent over this period, while the exchange rate (N141.35/$1), the inflation (10.1 per cent) and the unemployment rates (12.1 per cent) supported strong purchasing power of consumers.
However, this trend began to reverse in 2015 when the global crude oil price shock exposed Nigeria’s years of economic mismanagement and external vulnerability. By the end of 2019, the real GDP, the exchange
...More info on site
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France: Per capita beer consumption increases to 33 litres and number of craft brewers to about 2,000 in 2020
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Craft beer continues to grow in popularity in France accounting for 7-8% of the local market in 2020, Le Figaro reported on August 10.
From
...More info on site
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Brazil: Hops and barley production increasing to meet domestic demand
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Hops and barley are the primary components of beer brewing and production of these inputs in Brazil tends to increase to meet internal demand,
...More info on site
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Australia: Barley production forecast 25.7% above the 10-year average but 10% lower than last season’s total
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Australian grains production for the 2021-22 marketing year is expected to exceed 50 million tonnes as growing season rainfall continues to be well above
...More info on site
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Argentina: Prospects of record wheat crop take a hit from bad weather
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The prospects of a record wheat crop in Argentina this season have taken a hit over the last two weeks, with bad weather threatening
...More info on site
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Japan & Myanmar: Kirin writes off $193 mln for Myanmar beer unit, does not plan to exit market
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Overseas businesses with links to the Myanmar military, such as Japan's Kirin Holdings, are reporting losses amid a shaky market outlook exacerbated by the
...More info on site
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Spain: Spanish brands account for 60% of national beer map
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According to data from a study carried out by Tiendeo.com, Spanish beers dominate 60 per cent of the national beer map, reportedly followed by Dutch and German beers.
The report was based specifically on the brands of beers that Spaniards had interacted online with over the last twelve months, which revealed the trend of a passion for national beers among Spanish drinkers, along with a wide range of locally produced beers - both national and international – that respond to the new consumer demands, who are committed to local production, sustainability, and traceability.
It is clear from the findings of the report that as far as beer drinking is concerned, the Spanish reveal a certain patriotism, and remain faithful to traditional Spanish brands – even when some have been bought by foreign multinationals – which is reflected in the presence of more than 49 national brands in the study results, equivalent to 60 per cent of the market of national interest to beer drinkers.
Imported beers represented the remaining 40 per cent, with some world-famous brands appearing, such as Dutch brands, Heineken, and Amstel, which accounted for 21 per cent of the total, along with German beers on three per cent, and Mexican
...More info on site
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