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E-Malt.com Newsletter 37b
September 16 - September 19, 2021
Quote of the Week
For a quart of ale is a dish for a king.
William Shakespeare
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Currency Rates
Base Currency: US Dollar
on September 17, 2021 |
Base Currency: Canadian Dollar
on September 17, 2021 |
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1 USD = 0.8489 EUR
1 USD = 0.7240 GBP
1 USD = 1.2655 CAD
1 USD = 1.3681 AUD
1 USD = 109.5100 JPY
1 USD = 5.2396 BRL
1 USD = 72.4169 RUB
1 USD = 6.4462 CNY
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1 CAD = 0.7901 USD
1 CAD = 0.5720 GBP
1 CAD = 0.6707 EUR
1 CAD = 1.0809 AUD
1 CAD = 86.5200 JPY
1 CAD = 4.1396 BRL
1 CAD = 57.2134 RUB
1 CAD = 5.0929 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: StatCan’s barley crop forecast challenged by other analysts
...Click here
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USA, WA: Old Stove Brewing launching its new location on Friday, September 17
...Click here
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USA, TX: Cowtown Brewing Co. to open in Southlake later this year
...Click here
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USA, KY: Goodwood Brewing and Spirits’ newest brewpub coming to Owensboro in early 2022
...Click here
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USA, NY: Southern Tier Brewing Company to open its doors in Buffalo on September 28
...Click here
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USA, WI: Torzala Brewing to take over Component Brewing’s old space
...Click here
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Ukraine: January-August sees declines in beer and malt production
...Click here
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EU & UK: Reduced crop forecast adding pressure to global barley supplies
...Click here
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World: Barley markets needed new orientation after China and Australia dispute
...Click here
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Australia: Australia expecting another very large crop
...Click here
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Ukraine & Russia: Barley crop forecasts reduced for both nations
...Click here
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Ukraine: Farms planning to sow 1.02 mln ha of winter barley this year
...Click here
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Brussels: Brussels Beer Project on track to start brewing at new facility in December
...Click here
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Ukraine: Grain exports increase in 2021/22 season so far
...Click here
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Graph of the Week
Table of the Week
Black Sea Barley Supply & Demand Balance
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
16 September
1905 - Roald Amundsen discovers Magnetic South Pole
1906 - William Crapo Durant incorporates General Motors in Janesville Wisconsin
1908 - The General Motors Corporation is founded
17 September
2000 - The International Monetary Fund issues its World Economic Outlook report, forecasting that "growth is projected to increase in all major regions of the world, led by the continued strength of the U.S. economy, the robust upswing in Europe, the consolidation of the recovery in Asia and the rebound from last year's slowdown in emerging markets." Just weeks later, most regions of the world are tilting toward recession
18 September
1837 - Tiffany and Co. (first named Tiffany & Young) is founded by Charles Lewis Tiffany and Teddy Young in New York City
1842 - 1st edition of Pittsburgh Post-Gazette is published
1851 - The first edition of The New York Daily Times, which later became The New York Times,is published
1955 - The Ford Motor Company produced its 2,000,000th V-8 engine on this day, 23 years after the first Ford V-8 was manufactured
19 September
1849 - 1st commercial laundry established in Oaklan, California
1854 - Henry Meyer patents sleeping rail car
1876 - 1st carpet sweeper patented (Melville Bissell of Grand Rapids, Mich)
1887 - Dr. Graham Edgar, developer of the octane rating system, was born in Fayetteville, Arkansas, on this day
1888 - World's 1st beauty contest (Spa, Belgium)
Agenda
September 2021:
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)
29 - 01 October: Central European Brewers Conference 2021 (Budapest, Hungary)
30 - 02 October: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
October 2021:
03 - 04: Planete Biere 2021 (Paris, France)
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)
September 2022:
12 - 16: Drinktec 2022 (Messe München, Munich, Germany)
News Articles
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Canada: StatCan’s barley crop forecast challenged by other analysts
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StatCan has issued its satellite imagery crop estimate of barley: 7.825 mln acres planted, 7.485 mln acres harvested, production 7.836 vs. 10.740 mln tonnes
...More info on site
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USA, WA: Old Stove Brewing launching its new location on Friday, September 17
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Old Stove Brewing will open a new location in the North Queen Anne neighborhood in Seattle, along the Lake Washington Ship Canal, the Washington Beer Blog reported on September 14.
The new facility will span a block, from Nickerson Street to Ewing Street, and feature a 30-barrel brewery at its core, surrounded by a taproom and beer garden. Beer will be brewed on a system that has some local history — it’s Fremont Brewing’s original 30-barrel brewhouse.
In all, the Old Stove Ship Canal facility will span 24,000-square-feet, provide a live music venue, and create jobs for 60 employees, with room to grow beyond that. Old Stove anticipates opening the new location in 2022. Once the production brewery is operational, Old Stove expects to increase its production and retail sales in Seattle.
“The initial concept for Old Stove was centered on bringing people together and building community,” said Chris Moore, co-founder of Old Stove Brewing. “With this expansion, we’re excited to introduce a welcoming space in the city for locals and visitors to come together around craft beer in addition to Old Stove’s existing taproom at Pike Place Market.”
As far as Old Stove Brewing’s ambitious endeavor is concerned, Chris Moore, a co-founder
...More info on site
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USA, TX: Cowtown Brewing Co. to open in Southlake later this year
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A new brewery will be taking the place of the former Ginger Man pub later this fall, according to Southlake Town Square's website, the Southlake Style reported on September 14.
Based in Fort Worth, Cowtown Brewing Co. is a taproom that produces its own craft beer and barbecue in a family-friendly atmosphere. Its 10 beers are specifically brewed to complement its smokey barbecue, whether it is sour beers like the Miami Weisse, IPAs like the Moondance and lagers like the Horse With No Name. It recently won silver awards in both the U.S. Open Beer Championship and the Great American Beer Festival, and its barbecue menu includes offerings such as brisket, chicken, baby back ribs, pulled pork, sausage, tacos and more.
Cowtown Brewing Co. will open at 1512 E. Southlake Blvd. later this year.
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USA, KY: Goodwood Brewing and Spirits’ newest brewpub coming to Owensboro in early 2022
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Goodwood Brewing and Spirits’ newest brewpub will be opening in early 2022 near Smothers Park in Owensboro, Ky, the Craft Brewing Business reported on September 15.
Goodwood Owensboro will feature a full kitchen and brewery onsite, with its award winning core beers, craft spirits and seasonal brews.
“We are excited to be opening another location in our home state and bringing our unique mix of craft beer along with culinary inspired food to Owensboro,” said Chris Sparks, chief operating officer. “We were drawn to Owensboro with the continued growth of the community and we have always had a great response from the craft beer community in Western Kentucky. When we saw the location in Owensboro, we fell in love with the view of the river. We look forward to being part of the community and giving back when we have the opportunity.”
The brewpub will be located at 101 Frederica Street and features a spacious patio for outdoor dining with an outdoor fireplace overlooking the river, a private rental space, an R&D brewery system and a fully stocked bar. Located near the Owensboro Convention Center and right in the middle of many local events and happenings, Goodwood looks forward to being a
...More info on site
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USA, NY: Southern Tier Brewing Company to open its doors in Buffalo on September 28
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Southern Tier Brewing Company will be opening its doors in Buffalo on September 28, WKBW reported on September 16.
According to a post by the brewery on social media, the location will open at 3 p.m. at Canalside.
The brewery is located in the former (716) Food and Sport.
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USA, WI: Torzala Brewing to take over Component Brewing’s old space
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Component Brewing’s old Lincoln Warehouse brewery space, something of a tiny incubator, will get yet another brewery, OnMilwaukee.com reported on September 16.
Jeff and Trish Torzala will open Torzala Brewing in the spot on the second floor of the building, 2018 S. 1st St., on the western edge of Bay View. He is purchasing the brew system that Component is leaving behind.
Torzala is an alum of the Barley to Barrel brewing program and studied at Chicago’s Siebel Institute. He also worked at Spike Brewing in Riverwest, which manufactures brewing systems.
“(There’s) not a lot to tell just yet as plans are still in the works,” says Torzala. “I can tell you Torzala Brewing will be taking over that space and there will be beer!
“I’m more of a traditional style brewer," he adds. “I appreciate a true to style beer.”
Component, Eagle Park and Enlightened Brewing each got their start in the space and Component’s DJ Kowalske said that they’ve been tossing around the idea of doing a collaboration brew with all four breweries at some point.
In April, Component announced that it was moving to a larger space on the building’s first floor. It’s holding its final event in the old spot on Saturday,
...More info on site
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Ukraine: January-August sees declines in beer and malt production
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Ukraine’s beer production in January-August this year amounted to 12.24 mln hl – 4.7% less than over the same period in 2020, Ukrpivo reported
...More info on site
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EU & UK: Reduced crop forecast adding pressure to global barley supplies
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From an overall production perspective, the EU27+UK crop is 3 mln tonnes lower than crop 2020, currently forecast at 60.7 mln tonnes, RMI Analytics
...More info on site
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World: Barley markets needed new orientation after China and Australia dispute
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World barley markets needed a new orientation after the Chinese prohibition of imports from Australia. Meantime Australia became a strong competitor in the Mideastern
...More info on site
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Australia: Australia expecting another very large crop
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Australia’s barley-growing conditions have been good this year: some Victoria and South Australia regions need rain; altogether it looks like another very large crop,
...More info on site
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Ukraine & Russia: Barley crop forecasts reduced for both nations
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Ukraine’s barley crop estimate is reduced slightly to 10.1 mln tonnes from 10.4 mln last month but still remains a good outcome, RMI Analytics
...More info on site
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Ukraine: Farms planning to sow 1.02 mln ha of winter barley this year
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Ukrainian farms had sown 356,040 hectares of winter grains for the 2022 harvest as of Sept 13 or 5% of the expected area of 7.84 million hectares, the agriculture ministry said on September 14.
The area will include 6.68 million hectares of winter wheat, 1.02 million hectares of winter barley and some area of rye, it said.
Farmers had sown 331,170 hectares of winter wheat and 10,100 hectares of winter barley, the ministry said in a statement.
It also said Ukraine would sow 1.03 million hectares of winter rapeseed and the sowing was 75% complete.
Last year, the autumn drought reduced the area planted with winter grains, and farmers sowed 6.1 million hectares of winter wheat, 954,700 hectares of winter barley and 125,200 hectares of rye for the 2021 harvest.
One of the major grain growers and exporters globally, Ukraine plans to harvest a record 80.6 million tonnes of grain in 2021.
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Brussels: Brussels Beer Project on track to start brewing at new facility in December
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Brussels Beer Project says it is on track to start operations in its new brewery in December 2021, with the delivery of the last fermentation tanks to the new site bringing it one step closer to the goal, The Brussels Times reported on September 14.
The new brewery is a turning point for the company and the tanks will allow the brewery to produce all its beers in Brussels. Currently, BBP has a small brewery in Rue Dansaert, while two-thirds of its production takes place at a partner brewery in Limburg.
Upon opening, the new brewery will have an annual capacity of 3.5 million litres, with the potential to increase to 5 million in time.
“This last tank going in is a big moment, but we still have a few more things to do. It’s a good moment to celebrate,” Co-founder Sébastien Morvan told the Brussels Times. “The plan is to start brewing from the 8 December and then take it from there. Our lease is 40 years, and then who knows what happens.”
The tanks were delivered by boat and lifted in by crane into the brewery in the “Port Sud” district of Biestebroeck in Anderlecht, an area that BBP co-founder Olivier de
...More info on site
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UK: Heineken ditches low-calorie beer Amstel 66
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Heineken has ditched its low-calorie Amstel 66 after less than two years on the UK market, The Grocer reported on September 16.
Amstel owner Heineken launched the 3% abv beer, which drew its name from the fact one bottle contained 66 calories, in March 2020.
However the brand, whose sole retail listing was in Sainsbury’s, has now been removed from shelves.
Confirming the move, a Heineken spokesman said: “We constantly review our portfolio of ciders and beers to ensure that we are providing both our customers and our consumers with the best possible range of products.
“As a result of this latest review, we have taken the decision to remove Amstel 66 from our range.”
The brand performed modestly after its launch but failed to gain significant headway in the mults: its retail value stood at £1.5m over the year ending 15 May 2021, on volumes of 645,686 litres [Nielsen].
The core Amstel brand, however, saw a sales surge during the pandemic, adding a colossal £14.5m to its value – a rise of 28.9%, on volumes up 27.9% [Nielsen].
In the on-trade, meanwhile, Amstel, along with Birra Moretti, faced shortages earlier this year when Covid restrictions were eased.
At the time, a Heineken spokeswoman said demand for the
...More info on site
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Ukraine: Grain exports increase in 2021/22 season so far
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Ukraine has exported 11.75 million tonnes of grain so far in the 2021/22 July-June season, up from 10.48 million tonnes at the same stage of the previous season, economy ministry data showed on September 17.
The exports included 6.9 million tonnes of wheat, 3.2 million tonnes of barley and 1.5 million tonnes of corn, the data showed.
Ukraine plans to thresh a record 80.6 million tonnes of grain in 2021, up from 65 million tonnes in 2020. Exports could jump to 60.7 million tonnes in 2021/22 from 44.7 million tonnes in 2020/21.
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.
Ukraine's exports last season included 23.1 million tonnes of corn, 16.6 million tonnes of wheat and 4.2 million tonnes of barley.
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