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E-Malt.com Newsletter 32b
August 12 - August 15, 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 13, 2021 |
Base Currency: Canadian Dollar
on August 13, 2021 |
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1 USD = 0.8519 EUR
1 USD = 0.7224 GBP
1 USD = 1.2515 CAD
1 USD = 1.3599 AUD
1 USD = 110.4000 JPY
1 USD = 5.2289 BRL
1 USD = 73.4822 RUB
1 USD = 6.4766 CNY
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1 CAD = 0.7989 USD
1 CAD = 0.5771 GBP
1 CAD = 0.6806 EUR
1 CAD = 1.0864 AUD
1 CAD = 88.2000 JPY
1 CAD = 4.1775 BRL
1 CAD = 58.7061 RUB
1 CAD = 5.1743 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, NV: Huntsman Brewing on track to open in Reno’s midtown in late August
...Click here
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Canada, MB: Black Wheat Brewing opens its doors to the public
...Click here
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USA, ID: Increasing amount of beer-based taxes going to fund promotion of wine
...Click here
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Canada, NS: Candid Brewing already open in Antigonish
...Click here
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World: Developing lack of malt supplies risk for brewers globally
...Click here
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Vietnam: Large beer makers hit especially hard by the COVID-19 outbreak during the second quarter
...Click here
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Thailand: ThaiBev records 11.5% increase in nine-month Ebitda
...Click here
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World: Barley trade, production forecasts reduced in USDA’s August report
...Click here
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EU: Prospects for barley and wheat harvests reduced by adverse weather
...Click here
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EU: Malt exports in barley equivalent expected to remain similar to 2020/21
...Click here
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France: Winter barley crop large and good quality, spring barley results disappointing so far
...Click here
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Brazil: Coca-Cola acquires Brazilian craft beer brand Therezópolis
...Click here
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Denmark & Sweden: Danish and Swedish barley forecast to continue to fulfil European demand as most of French barley goes to China
...Click here
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Australia: Another large and good barley crop made possible by good rainfalls this season
...Click here
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France: French wheat hit by quality problems, barley decent
...Click here
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Australia: Asahi implements its initiative to purchase barley direct from farmers
...Click here
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Caribbean and Central America: Managing director of Uganda Breweries appointed to head Diageo’s Caribbean and Central America region
...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
12 August
1856 - Anthony Fass patents accordion
1877 - Thomas Edison invents Edisonphone, a sound recording device
1960 - Echo 1, 1st communications satellite, is launched
1981 - The IBM Personal Computer is released
13 August
1623 - Cardinal Richelieu appointed Chief Minister of France by Louis XIII
1907 - 1st taxicab in New York
1961 - Construction on Berlin Wall begins in East Germany (Dark day)
14 August
1885 - Japan's first patent is issued to the inventor of a rust-proof paint
1893 - France issues 1st driving licenses, included required test
1938 - BBC's 1st feature film on TV (Student of Prague)
1967 - Belgian embassy in Kinshasa, Congo, plundered
15 August
1769 - Napoleon Bonaparte was born, resident of Elba (emperor 1804-13, 1814-15)
1911 - Procter & Gamble unveils its Crisco shortening
1914 - Panama Canal opens (under cost)
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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USA, NV: Huntsman Brewing on track to open in Reno’s midtown in late August
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When Tim Turner started homebrewing, he had three benchmarks he wanted to reach, the Northern Nevada Business Weekly reported on August 12.
The first goal was to simply brew beer that was drinkable. A few cracks at a Mr. Beer kit later, he was onto something.
Then he wanted to open a craft beer bar, where he could sell his homebrewed creations, in addition to suds of local breweries. So, in 2018, Turner and three friends opened Huntsman Tavern off of Pyramid Way in Sparks.
Turner’s last objective, his ale end-game, was what inspired him to experiment with grains, hops, yeast and water to begin with.
“I started to homebrew to maybe, one day, open a brewery,” Turner said with a shrug. “That was kind of the goal.”
He’s well on his way. Turner is in the midst of leading an overhaul of the Silver Peak Brewery and Restaurant at 124 Wonder St. in Reno’s midtown. Once finished, the brewpub will launch as Huntsman Brewing, which is on track to open in late August, according to Turner.
Turner said he and a group of friends are leasing the property from Silver Peak owners David Silverman and Trent Schmidt, who closed the brewpub in 2020 after operating
...More info on site
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Canada, MB: Black Wheat Brewing opens its doors to the public
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Just short of a year after it was originally announced, the first modern-day brewery in Brandon, Manitoba opened its doors to the public on August 6th, The Canadian Beer News reported.
Black Wheat Brewing has been founded by Ted and Gloria Birch along with two other investors, and features beers developed by Umber Awasthi, who emigrated to Canada from India in 2016 to take the Brewmaster and Brewery Operations Management program at Niagara College, and joined the Black Wheat team in 2020.
Black Wheat entered the market late last year with two beers – Reality Czech Pale Lager (4.8% abv) and Empire Ale American IPA (6.8% abv) – brewed under contract at Barn Hammer Brewing in Winnipeg.
Now brewing on-site and ready to welcome guests to the taproom, Black Wheat will be pouring the beers noted above along with Great Scott! Cream Ale (4.5% abv) and Blue Hills Brew (6.8% abv).
Black Wheat Brewing is located at 402 10th Street in Brandon, and will be open 7 days a week.
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USA, ID: Increasing amount of beer-based taxes going to fund promotion of wine
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Since 1988, Idaho’s excise taxes on so-called ‘strong beer’ - beer more than 4% alcohol by weight - have funneled into the same pot as taxes on wine, the Boise State Public Radio reported.
Most of that combined revenue goes into Idaho’s general fund, with portions carved out for substance abuse prevention and the state’s permanent building fund. Since 1994, a portion of those taxes helped fund the Idaho Wine Commission. As more Idaho breweries opened - many of them producing only beers above the 4% alcohol by weight (5% alcohol by volume) threshold - an increasing amount of beer-based taxes went to fund promotion of wine.
“Based on their legal statutes,” Idaho Brewers United Executive Director Sheila Francis said of the state Wine Commission, “they weren't able to promote anything but Idaho grape-based products. So, not really fair.”
IBU as it’s known (a nod to the acronym for beer’s bitterness measurement index) is the state’s brewer’s guild and lobbying group.
There are currently 83 operating breweries in Idaho. Francis said as more and more breweries opened over the last decade, nearly half the tax revenue allocated to the Wine Commission came from beer production.
“It was a significant chunk of change,” Francis said. “About
...More info on site
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Canada, NS: Candid Brewing already open in Antigonish
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After several weeks of brief pop-up openings for takeaway beer sales, Candid Brewing has officially opened its doors in Antigonish, the Canadian Beer News reported.
The taproom and patio features the brewery’s five core beers on tap, including Town Crier Amber Ale (5% abv), No Brainer Blood Orange Pale Ale (5.2% abv), Party Line Northeast IPA (6.2% abv), Humdinger West Coast IPA (6.7% abv), and Lagerish Blond Ale (4.8% abv).
Candid will also be offering various seasonal and one-off beers under the Side Door Series banner, with the first of them – Working Joe Breakfast Stout (4.7% abv), “a light-bodied stout infused with aromatic Ethiopian coffee from Java Blend Coffee in Halifax” – available now.
Candid Brewing is located in the former Casket newspaper building at 88 College St. in Antigonish, and is open daily with the exception of Mondays.
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World: Developing lack of malt supplies risk for brewers globally
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China exported 490,000 tonnes of malt in 2019. Since the closure of barley imports from Australia, the Chinese malt industry is hopelessly uncompetitive in
...More info on site
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Vietnam: Large beer makers hit especially hard by the COVID-19 outbreak during the second quarter
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The COVID-19 outbreak during the second quarter has especially hit Vietnam’s large beer makers, VietnamPlus reported on August 13.
In its second-quarter business results,
...More info on site
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Thailand: ThaiBev records 11.5% increase in nine-month Ebitda
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Thai Beverage Public Co (ThaiBev) recorded 36.6 billion Thai baht (S$1.5 billion) in earnings before interest, taxes, depreciation and amortisation (or Ebitda) for the
...More info on site
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World: Barley trade, production forecasts reduced in USDA’s August report
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USDA’s August report puts the forecast of 2021/22 global barley trade at 33.072 mln tonnes versus 34.277 mln in the July report and 33.937
...More info on site
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EU: Prospects for barley and wheat harvests reduced by adverse weather
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Adverse weather in the European Union has sharply reduced prospects for wheat and barley harvests, contributing to a potentially 'explosive' global supply outlook for
...More info on site
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EU: Malt exports in barley equivalent expected to remain similar to 2020/21
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In 2020/21 the EU exported 7.2 mln tonnes of barley vs. 7.544 mln tonnes (including the U.K.) in 2019/20. Malt exports in barley equivalent
...More info on site
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France: Winter barley crop large and good quality, spring barley results disappointing so far
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France has harvested a large, sound and good quality crop of winter barley. By the end of July about 60 -70% of spring barley
...More info on site
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Brazil: Coca-Cola acquires Brazilian craft beer brand Therezópolis
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Coca-Cola FEMSA, S.A.B. de C.V. confirms that in conjunction with Coca-Cola Andina it has reached an agreement to acquire Brazilian craft beer brand Therezópolis, the Market Screener reported on August 11.
This agreement is part of the long-term strategy to complement its beer portfolio in Brazil. The transaction is subject to customary closing conditions and approvals and is expected to close during the third quarter of 2021.
Coca-Cola FEMSA, S.A.B. de C.V. is the largest Coca-Cola franchise bottler in the world by sales volume. The company produces and distributes trademark beverages of The Coca-Cola Company, offering a wide portfolio of 129 brands to a population of more than 265 million. With over 80 thousand employees, the company markets and sells approximately 3.3 billion unit cases through close to 2 million points of sale a year. Operating 49 manufacturing plants and 268 distribution centers, Coca-Cola FEMSA is committed to generating economic, social, and environmental value for all of its stakeholders across the value chain. The company is a member of the Dow Jones Sustainability Emerging Markets Index, Dow Jones Sustainability MILA Pacific Alliance Index, FTSE4Good Emerging Index, and the Mexican Stock Exchange's IPC and Social Responsibility and Sustainability Indices, among others. Its operations
...More info on site
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Denmark & Sweden: Danish and Swedish barley forecast to continue to fulfil European demand as most of French barley goes to China
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From a total European point of view (including Russia and Ukraine), Denmark and Sweden jointly represent 6% of barley production, with a considerable influence
...More info on site
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Australia: Another large and good barley crop made possible by good rainfalls this season
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Variable, but altogether good rainfalls created the basis for another large and good barley crop in Australia, H. M. Gauger GmbH said in their
...More info on site
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France: French wheat hit by quality problems, barley decent
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Grain group Soufflet said on July 12 that much of the new-crop soft wheat and durum wheat in France was showing weak quality results
...More info on site
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Australia: Asahi implements its initiative to purchase barley direct from farmers
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Asahi Beverages has implemented its initiative to purchase barley direct from farmers, the Food and Drink Business reported on August 11.
The scheme was announced in March, with Carlton Draught, Victoria Bitter and other iconic beers now brewed with 100 per cent Victorian barley purchased directly from local farmers.
Asahi Beverages has implemented its initiative to purchase barley direct from farmers.
Asahi Beverages restructured its barley supply chain in March and removed intermediaries such as bulk grain handlers. Following its acquisition of Carlton & United Breweries (CUB) last year, Asahi merged its alcohol businesses under the CUB name. Beers brewed with barely that has been sourced from Wimmera and Mallee farms in Victoria are now rolling off the line at the Abbotsford Brewery in Melbourne.
Head brewer Sarah Laing said any Abbotsford brewed beer directly supports farmers and sustainable practice.
“We buy 30,000 tonnes of barley each year for Abbotsford and, barring natural disasters such as a drought, our barley will only be purchased direct from Victorian farms from now on. Fresh, local and delicious, it doesn’t get much better than that,” said Laing.
To deliver this program, Asahi has partnered with supply chain managers Origin Trail and Pure Grain,
...More info on site
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Caribbean and Central America: Managing director of Uganda Breweries appointed to head Diageo’s Caribbean and Central America region
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Diageo has announced the appointment of Uganda Breweries Limited (UBL) managing director Alvin Mbugua to head the multinational's Caribbean and Central America region, AllAfrica.com reported on August 12.
His appointment by EABL's parent company to head its largest beer business unit in Latin America and Caribbean is a promotion for Mr Mbugua, who propelled UBL to record sales despite the Covid-19 pandemic in the year to June 2021.
He will be based in Panama where he will lead 37 markets. His appointment takes effect on September 1.
Mr Mbugua was stationed at the Ugandan brewer, which is a subsidiary of EABL, for two years. Between July 2020 and June 2021, UBL reported a 33 per cent increase in net sales, the highest for EABL within the year, and more than double the 15 per cent increase in net sales reported by the Group over the period.
Performance of beer products in the Ugandan market between July 2020 and June 2021 was the highest with a 46 per cent growth in sales, and may have informed the decision to post Mr Mbugua to Diageo's largest beer market in the Caribbean.
He joined EABL as a group financial controller in May 2013, and rose to become finance
...More info on site
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