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E-Malt.com Newsletter 35b
September 02 - September 05, 2021
Quote of the Week
Go the extra mile. It's never crowded there.
Dr. Wayne D. Dyer
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Currency Rates
Base Currency: US Dollar
on September 03, 2021 |
Base Currency: Canadian Dollar
on September 03, 2021 |
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1 USD = 0.8435 EUR
1 USD = 0.7245 GBP
1 USD = 1.2590 CAD
1 USD = 1.3535 AUD
1 USD = 109.9800 JPY
1 USD = 5.1797 BRL
1 USD = 72.8761 RUB
1 USD = 6.4576 CNY
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1 CAD = 0.7942 USD
1 CAD = 0.5753 GBP
1 CAD = 0.6699 EUR
1 CAD = 1.0749 AUD
1 CAD = 87.3400 JPY
1 CAD = 4.1136 BRL
1 CAD = 57.8761 RUB
1 CAD = 5.1284 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada & USA: Barley crop situation remains serious
...Click here
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Canada, ON: Waterloo Brewing reports Q2 financial results
...Click here
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USA, WI: Lion’s Tail Brewing Co. looking to move to Wauwatosa
...Click here
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USA, NJ: King’s Road Brewing Company to hold grand opening of its second location on September 17
...Click here
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USA, DE: Lewes Brewing Company unveils plans to build production facility in Lewes
...Click here
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USA, NV: Huntsman Brewing ready to open its doors on September 3
...Click here
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World: United Malt seeing contrast between recovering markets in North America and Europe and low vaccination rates Asia and Australia
...Click here
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Scandinavia & UK: Farmer liquidity low as barley harvest remains primary focus
...Click here
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Ukraine: Ukraine exports 2.8 mln tonnes of barley in July-August
...Click here
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Japan: Kirin Holding’s head of brewery unit dies at age of 61
...Click here
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Papua New Guinea: Heineken 0.0 expands into supermarkets and stores
...Click here
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UK: Beer delivery workers to get double pay after strike threat
...Click here
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Graph of the Week
Table of the Week
The Brewing Industry in Belgium 1900-2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 September
1930 - 1st non-stop airplane flight from Europe to US (37 hrs)
1941 - Film Academy copyrights Oscar statuette
1987 - Philips introduces CD-video
03 September
1778 - City Amsterdam signs trade agreement with U.S. rebels
1935 - 1st automobile to exceed 300 mph, Sir Malcolm Campbell (301.337 mph)
1967 - Sweden begins driving on right-hand side of road
04 September
1781 - Los Angeles founded by 44 in Bahia de las Fumas, (Valley of Smokes)
1813 - 1st U.S. religious newspaper Religious Remembrancer
1870 - 3rd French republic proclaimed as they overthrow their king
2001 - Tokyo DisneySea opens to the public
05 September
1888 - George Eastman patents 1st roll-film camera and registers "Kodak"
1957 - Ford Motor Co introduces Edsel
1958 - 1st color video recording on magnetic tape presented, Charlotte NC
1997 - Mother Teresa (Agnes Gonxha Bojaxhiu) dies of cardiac arrest at 87; Nobel (1979)
Agenda
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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Canada & USA: Barley crop situation remains serious
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The barley crop situation in Canada and the US is serious and production will be greatly reduced, RMI Analytics said in a report in
...More info on site
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Canada, ON: Waterloo Brewing reports Q2 financial results
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Waterloo Brewing Ltd. ("Waterloo Brewing" or the "Company"), Ontario's first craft brewery, announced on September 2 its financial results for the second quarter of fiscal 2022 which ended on August 1, 2021.
Waterloo Brewing reported EBITDA of C$8.0 million, an increase of C$2.2 million or 38.4% over the prior year, on net revenue of C$34.2 million. Net revenue increased by C$9.6 million or 39.2% from the second quarter of fiscal 2021.
"The results of our second quarter are a testament to our team's hard work," said George Croft, President and Chief Executive Officer of Waterloo Brewing. "With the commissioning of our second canning line now complete, we have begun to fill our capacity. Revenue from our co-manufacturing business increased by 128%, to C$17.1 million, during the second quarter compared to the same quarter in fiscal 2021."
The total volume of the Company's products decreased 3.3% during the quarter, slightly ahead of the industry's decline of 4.9%. LandShark® performed strong with growth of 38% during the second quarter due to the continued success of the 24-pack in-case promotions, as well as growth of the LandShark® seltzers, which were introduced last quarter.
The industry sales through The Beer Store were down 9.1% during the quarter
...More info on site
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USA, WI: Lion’s Tail Brewing Co. looking to move to Wauwatosa
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A new brewery could be coming to Wauwatosa soon, the Milwaukee Business Sentinel reported on September 1.
The Neenah-based Lion’s Tail Brewing Co. is looking to move into the former Wisconsin Garden and Pet Supply on North Avenue, which closed this summer.
If approved by the city, the brewery would take over 8520 W. North Ave., 8524 W. North Ave. and 2315 N. 85th St. through a land combination. The Wauwatosa Plan Commission will meet Sept. 13 and is expected to consider the land combination and proposal for the brewery.
According to documents filed with the city, the brewery plans to brew 1,000 to 2,500 barrels per year of "high-quality, small-batch craft beer in many different styles."
Plans for the brewery include several taprooms and "beer garden-style spaces where customers can enjoy our beers and malt beverages (hard seltzer) in an interesting yet relaxing environment," the proposal said.
The brewery plans to serve some food as well as provide food truck options for customers.
The brewery also plans to use the former building and the space between the brewery and taproom.
"We will have an outdoor beer garden with seating in the existing 'covered greenhouse' in front of the former garden
...More info on site
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USA, NJ: King’s Road Brewing Company to hold grand opening of its second location on September 17
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King’s Road Brewing Company will have its grand opening of its second South Jersey location on Sept. 17 at The Feed Mill at Medford Village, a destination marketplace, the Burlington County Times reported on September 1.
King’s Road Brewing Company’s Haddonfield location is not going anywhere, but now there will be more of King’s Road Brewing to enjoy.
Bob Hochgertel, co-owner and managing director of King’s Road Brewing Company, said when the pandemic first hit more than a year ago, they didn’t know how it would impact their business. Turns out, there was no need to worry.
“The Alcohol Beverage Control Division of New Jersey was really great in allowing New Jersey breweries to start curbside and delivery during the pandemic,” Hochgertel said.
“We were closed for one day, the first Monday of the pandemic, and then never closed again,'' he recalled. "During the pandemic, we recognized demand for our beer was actually greater than our supply, so we started looking for a new production facility and Medford was it. Our facility is larger than the one in Haddonfield by about twice.
“… We’re so excited to now have a loading dock, so when we get our grain delivery or kegs going in and out,
...More info on site
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USA, DE: Lewes Brewing Company unveils plans to build production facility in Lewes
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The owners of Lewes Brewing Company have unveiled their plans to build a microbrewery along Savannah Road near the Lewes-to-Georgetown Trail crossing in Lewes, the Cape Gazette reported on September 1.
Owners Christine and Dave Jones went before the city’s joint site development ad hoc review committee Aug. 26, where they received a positive recommendation to mayor and city council.
The plan is to use the four existing buildings on the 0.63-acre parcel. The brewery operation and tasting room will be in the westernmost building on the site. The building that was most recently used as a resale shop is planned for offices, while two buildings on the east side of the property will be used for storage.
Doug Warner of Element Design says the brewery will likely have an industrial look. Large windows are planned for the west wall of the building that would display the brewery’s tanks to those driving into town or using the Lewes-to-Georgetown Trail. The outside of the building’s existing west wall has a large advertisement for Delaware Realty.
Plans show an L-shaped bar with space for about 15 people. A small indoor seating area would be complemented with an outdoor patio. The patio would be the
...More info on site
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USA, NV: Huntsman Brewing ready to open its doors on September 3
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A pioneer of craft brewing that opened in Midtown Reno over 20 years ago and shuttered during the pandemic is reopening on Friday, September 3 with a new name and young brewers at the helm, the Reno Gazette-Journal reported.
The old Silver Peak Brewery and Restaurant at 124 Wonder St. will henceforth be known as Huntsman Brewing when its doors swing open at 11 a.m. on Friday, September 3.
According to a statement on Huntsman's website, "The Prophecy of Huntsman Brewing is Fulfilled on Sept. 3rd. Found on unmarked trails, Huntsman Brewing awaits those curious souls searching for their next craft brew adventure. Tucked behind high walls, divine nectar is forged from fiery cauldrons by mystical masters. Let your primal senses awaken to its power. Venture forth in great haste once the stars align and the gates open."
True to tale, master brewer Nick Taylor will wield the sorcerer's spoon and perform the dark arts of lagers, ales, sours and milk stouts. Thirsty patrons can order Huntsman's brews, such as Misty Mountains Milkshake and Cream Ale, in pints, half pints and growler-size 64 ounce fills.
Tim Turner, owner of Huntsman Tavern in Sparks, and a group of his friends spent much of
...More info on site
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World: United Malt seeing contrast between recovering markets in North America and Europe and low vaccination rates Asia and Australia
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United Malt says there is a stark contrast between its recovering markets in North America and Europe, where there are high COVID-19 vaccination rates,
...More info on site
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Scandinavia & UK: Farmer liquidity low as barley harvest remains primary focus
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Farmer liquidity is low in the Scandinavian countries and the UK as harvest remains the primary focus and this will continue to support prices
...More info on site
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Ukraine: Ukraine exports 2.8 mln tonnes of barley in July-August
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Ukraine has exported 8.6 million tonnes of grain in the first two months of the 2021/22 July-June season versus 7.73 million at the same point a year earlier, agriculture ministry data showed on September 1.
That included 4.6 million tonnes of wheat, 2.8 million tonnes of barley and 1.26 million tonnes of corn, the data showed.
Ukraine plans to thresh the record 80.6 million tonnes of grain in 2021, up from 65 million tonnes in 2020. The export may jump to 60.7 million tonnes in 2021/22 from 44.7 million in 2020/21.
The ministry this week said farms had almost completed the 2021 wheat harvest, threshing 32.52 million tonnes from 99.4% of the sowing area, with a yield of 4.62 tonnes per hectare.
The government has said grain exports could include 23.8 million tonnes of wheat, 30.9 million tonnes of corn and 5.2 million tonnes of barley.
Ukrainian last season's exports included 23.1 million tonnes of corn, 16.6 million tonnes of wheat and 4.2 million tonnes of barley.
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Japan: Kirin Holding’s head of brewery unit dies at age of 61
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Japanese beverage maker Kirin Holdings Co Ltd on September 3 said Takayuki Fuse, the head of the company's brewery unit, has died at the age of 61, Reuters reported.
Fuse, who joined Kirin group in 1982, succumbed to ventricular fibrillation at a Tokyo hospital on September 2, a company spokesperson said. Just last month, he had been appointed as chairman of the Brewers Association of Japan.
Kirin Holdings Chief Executive Yoshinori Isozaki will concurrently run the beer unit for the time being, the company said.
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Papua New Guinea: Heineken 0.0 expands into supermarkets and stores
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The Heineken brand is now expanding out of Papua New Guinea’s licenced alcohol shops and into supermarkets and stores with its recently launched non-alcoholic beer, The National reported on September 2.
Marketing manager Sergey Penchev said the company’s direction with this product was to empower consumer choice and option and to meet the health and wellness trend on the global market.
Penchev said South Pacific Brewery is joining 59 Heineken operating companies who have introduced Heineken 0.0 in their markets.
“Heineken 0.0 has been a huge success in all the markets where it was introduced by fulfilling a consumer need and we expect this to be replicated in PNG driven by great innovation on brewing technique and taste,” he said.
At the Port Moresby launch a day earlier, managing director Ed Weggemans said this was South Pacific Brewery’s move in addressing issues affecting communities in the country.
“Issues include promoting responsible consumption and choices, addressing harmful use of alcoholic products and make moderation cool,” he said.
“The alcohol-free beer segment is nonexistent in Papua New Guinea.
“Our ambition is to lead the category development here with a premium proposition from a brand that consumers are proud to be seen with.
“We take our responsibility extremely seriously and, although
...More info on site
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UK: Beer delivery workers to get double pay after strike threat
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UK’s beer delivery workers said “cheers” on September 1 after their vote for strike action persuaded bosses to more than double a pay offer, the Morning Star reported.
Distribution firm GXO proposed a below-inflation 1.4 per cent rise to 1,000 draymen and women who distribute 40 per cent of the UK’s beer supplies to pubs across the country.
The workers, members of the Unite union, rejected the proposal and voted to strike for two days.
As a result, they will receive a 4 per cent increase.
Unite national officer for the drinks industry Joe Clarke said: “We regard this agreement as a significant victory for our members, given that the company had originally offered a paltry 1.4 per cent for this year.
“However, we wanted a pay rise that reflected the current cost of living and we have achieved that goal.
“It demonstrates what can be achieved when Unite members show determination and solidarity, backed up with a strong mandate for industrial action.”
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