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E-Malt.com Newsletter 44b
November 04 - November 07, 2021
Quote of the Week
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Currency Rates
Base Currency: US Dollar
on November 05, 2021 |
Base Currency: Canadian Dollar
on November 05, 2021 |
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1 USD = 0.8645 EUR
1 USD = 0.7362 GBP
1 USD = 1.2426 CAD
1 USD = 1.3473 AUD
1 USD = 113.9400 JPY
1 USD = 5.5766 BRL
1 USD = 71.5232 RUB
1 USD = 6.3957 CNY
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1 CAD = 0.8046 USD
1 CAD = 0.5924 GBP
1 CAD = 0.6956 EUR
1 CAD = 1.0841 AUD
1 CAD = 91.6700 JPY
1 CAD = 4.4871 BRL
1 CAD = 57.5489 RUB
1 CAD = 5.1461 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, AL: The Brewers Cooperative is set to open its two locations this fall
...Click here
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Canada, ON: Ganaraska Brewing already open in Port Hope
...Click here
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USA, PA: Independent Brewing Company expands into brewery called Golden Age Beer Company
...Click here
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World: Optimism around brewing industry recovery challenged by several headwinds
...Click here
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Tanzania: Tanzania Breweries Limited planning to invest in another malt making plant
...Click here
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World: Barley supply & demand forecast is mostly unchanged this month
...Click here
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World: Malting barley prices well-supported by brewers demand
...Click here
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Australia: ACCC won’t oppose Lion’s proposed acquisition of owners of Stone & Wood, Two Birds Brewing and other brands
...Click here
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Australia: Malting, feed barley exports down in September as compared to August
...Click here
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Zimbabwe: Delta Corporation sets aside US$3.9 mln to support out-grower schemes
...Click here
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New Zealand: DB Breweries appoints a new managing director
...Click here
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Graph of the Week
Table of the Week
German Malt Production, Export, Import, and Consumption
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
04 November
1846 - Benjamin Palmer patents artificial leg
1939 - 1st air conditioned automobile (Packard) exhibited, Chicago, Ill
1996 - Vimpel Communications becomes the first Russian company to list its shares on the New York Stock Exchange
2008 - Barack Obama becomes the first person of African-American descent to be elected President of the United States
05 November
1492 - Christopher Columbus learns of maize (corn) from Indians of Cuba
1895 - George Selden patents 1st gasoline-driven car
2007 - Android mobile operating system is unveiled by Google
06 November
1851 - Charles H Dow was born, co-founded Dow Jones/1st editor of Wall St Journal
1923 - Col Jacob Schick patents 1st electric shaver
07 November
1865 - London Gazette, oldest surviving journal, is founded
1867 - Marie Curie is born, French Scientist, discovered radium, Nobel 1903, 1911
1929 - The stock market sludges through a day of murky panic, as 2.4 million shares trade in the first half-hour, one of the heaviest openings yet on record
Agenda
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
04 - 09: The European Beer Star 2021 (Munich, Germany)
December 2021:
02 - 04: Drink Technology India 2021 (Helipad Exhibition Centre, Gandhinagar, Gujarat, India)
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
04 - 06: Finest Spirits 2022 (Munich, Germany)
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)
16 - 17: BeerX 2022 (Liverpool, UK)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
April 2022:
01 - 01: Zythos Beer Festival 2022 (exact dates to be confirmed) (Leuven, Belgium)
May 2022:
02 - 05: Craft Brewers Conference & BrewExpo America 2022 (Minneapolis, MN, USA)
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
24 - 27: Beer 2022 (Sochi, Russia)
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 Muenchen, Munich, Germany)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
News Articles
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USA, AL: The Brewers Cooperative is set to open its two locations this fall
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After facing several construction-related delays to the COVID-19 pandemic, the long-awaited brewpub collaboration The Brewers Cooperative is set to open this fall, AL.com reported on November 4.
First announced in 2019 as the Southern Brewers Cooperative Brewpub, The Brewers Cooperative is a joint project from Huntsville’s Straight to Ale brewery and Birmingham’s Good People Brewing Co. The concept is a massive brewing facility that will make beer, spirits, and wine for onsite consumption. The joint cooperative will also feature beers from Avondale Brewery in Birmingham, as well as Salty Nut Brewery and Druid City in Huntsville.
The Cooperative will be opening two locations this year, the first in Huntsville at Stovehouse and the second in Guntersville at City Harbor.
In a press release, organizers billed The Brewers Cooperative as “a first for our region.”
“The cooperative will be a leader in collaboration for our craft,” said Dan Perry, the owner of Straight to Ale brewery, in the release. “Along with the five breweries featured, we are planning to invite other Alabama-based breweries to collaborate on different featured brews.”
“We aren’t looking for individual recognition for accomplishments,” said Perry. “We are building a unique sustainable partnership of like-minded craft artisans coming together for the promotion of
...More info on site
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Canada, ON: Ganaraska Brewing already open in Port Hope
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Two-and-a-half years after it was initially announced, a sibling brewery to Ajax, Ontario’s Falcon Brewing has opened approximately 60 km to the east, in the small town of Port Hope, the Canadian Beer News reported on November 2.
Ganaraska Brewing – named after the region where Port Hope is located – welcomed its first guests yesterday (Monday November 1st) with an inaugural beer line-up from brewmaster Alex Nichols that includes Hazy Rapids NEIPA (5.6% abv), Easy Times Mexican Lager (4% abv), Crazy Craft ESB (5.2% abv), High Wire Blueberry Sour (4.3% abv), and Marquee Pilsner (5% abv).
The taproom also offer several guest taps and other beverages including cider, wine, and soft drinks, and a food menu created by Chef Z from Craft Food House in nearby Cobourg. And for the warmer months, the facility includes a spacious rooftop patio with a view of the Ganaraska River.
Ganaraska Brewing is located at 33 Mill St. S. in Port Hope, and is open 7 days a week.
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USA, PA: Independent Brewing Company expands into brewery called Golden Age Beer Company
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Pittsburgh’s Independent Brewing Company is now making its own beer and has expanded into a brewery called Golden Age Beer Company, the Pittsburgh City Paper reported on November 3.
According to an email sent to its followers, the new brewery is located in Homestead in the space that used to be occupied by Enix Brewing. And Golden Age Beer Company will be opening in that space soon, according to the email.
“Golden Age is located in Homestead, a community whose resilience and rebirth we have admired for years from just across the Monongahela River, and a community that we hope to join and support by creating jobs, opening an inclusive and accessible space, and maintaining and repurposing a beautiful historic property,” reads the email from Independent Brewing Company.
Golden Age will be focused on brewing lagers. Independent Brewing says it believes this is the future where craft beer is heading, but also wants to focus on lagers to honor Homestead’s brewing history. The email mentions how the brewers in 1892 stood in solidarity with striking workers in the Battle of Homestead.
“We want to bring a brewery that makes lager its primary focus to Pittsburgh and more particularly, to Homestead,” reads the email.
...More info on site
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World: Optimism around brewing industry recovery challenged by several headwinds
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The brewing industry’s performance in 2021 so far has been extremely impressive with beer volumes recovering a very large proportion of the 2020 pandemic
...More info on site
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Tanzania: Tanzania Breweries Limited planning to invest in another malt making plant
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Tanzania’s country’s largest alcoholic beverages manufacturer, Tanzania Breweries Limited is planning to invest in another malt making plant to serve the local market from
...More info on site
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World: Barley supply & demand forecast is mostly unchanged this month
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The world barley supply & demand forecast is mostly unchanged this month, with only a slight increase in production to 148.2 mln tonnes (from
...More info on site
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World: Malting barley prices well-supported by brewers demand
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As the global pandemic recovery continues, malting barley prices are well-supported by the resulting demand but the slowing of growth may cool the market
...More info on site
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Australia: ACCC won’t oppose Lion’s proposed acquisition of owners of Stone & Wood, Two Birds Brewing and other brands
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After having said they wouldn’t hand down their findings until next month, the Australian Competition and Consumer Commission (ACCC) announced on November 4 they won’t be opposing Lion’s proposed acquisition of Fermentum – the owners of Stone & Wood, Two Birds Brewing and other brands, the Beer & Brewer reported.
In a statement the ACCC said it had focused its investigation on whether the acquisition would substantially lessen competition in the supply of beer, but that it ultimately deemed that wouldn’t be the case as “a wide range of alternative independent craft beers will remain available in the market”.
“The ACCC was initially concerned that the proposed acquisition would remove a large, popular independent craft brewer that has plans to expand its capacity and potentially compete more aggressively against the two major brewers in Australia, being Lion and Asahi/Carlton & United Breweries,” ACCC commissioner Stephen Ridgeway said in the statement.
“However, our investigation concluded that a wide range of alternative independent craft beers will remain available in the market even if the transaction goes through.”
The ACCC said it concluded that the Fermentum brands do not compete closely with Lion’s products, as “Fermentum’s products are generally in a higher price bracket and Lion’s craft-style
...More info on site
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Australia: Malting, feed barley exports down in September as compared to August
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Australia exported 32,729 tonnes of malting barley, 514,815 tonnes of feed barley and 252,729 tonnes of sorghum in September, according to the latest export data from the Australian Bureau of Statistics (ABS).
The malting figure is down 52pc from the August total, with Ecuador and Peru both destination for 13,000 tonne cargoes accounting for most of the volume.
The feed tonnage was down 12pc on the month, with Saudi Arabia on 131,557 tonnes, Kuwait on 90,676 tonnes and Qatar with 55,125 tonnes the biggest customers.
Flexi Grain pool manager Sam Roache said barley surprised a little this month, with higher export volumes versus earlier expectations in the back end of the program.
“This continuation of program is a pointer that crops were slightly bigger than estimates, especially in New South Wales,” Mr Roache said.
Demand continues to the usual Middle Eastern and Asian demand points, aside from Thailand.
“That’s where we have seen a significant drop-off in imports due to timing of the local crop harvest.”
With stock availability waning across Australia, Mr Roache said barley volume is expected to drop off a little in October and November when new-crop feed barley starts to ship in late November and early December.
Barley markets remain strong.
“There’s very good demand
...More info on site
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Zimbabwe: Delta Corporation sets aside US$3.9 mln to support out-grower schemes
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Zimbabwe’s largest beverages producer, Delta Corporation, has set aside US$3,913 million for the 2021/2022 farming season under the firm’s out-grower schemes targeting farmers across the country, The Herald reported on November 5.
Delta, which produces traditional and clear beers, is a major consumer of grain and usually contracts farmers to produce barley, sorghum and maize.
Responding to written questions from Business Chronicle, the company’s corporate affairs executive, Ms Patricia Murambinda, said in the upcoming season they were setting aside US$2,749 million targeting 2 000 hectares under maize through contract farming from which 14 000 tonnes would be produced.
The beverages producer has earmarked to spend US$1,163 million on 8 835ha of sorghum under the contract arrangement from which 14 421 tonnes are expected.
“Delta contracting programmes owe their success to the company striving to maintain a win-win situation with farmers no matter the season,” she said.
“This drive by the company has seen Delta retaining and growing its grower base, with farmers being guaranteed of a market for the produce each and every year.”
Input finance for the programmes cover seed, fertilisers, chemicals, working capital, capital expenditure, technical services, research and development.
Benefits of the outgrower schemes also include security of supply for Delta agro-raw materials, desired
...More info on site
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New Zealand: DB Breweries appoints a new managing director
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DB Breweries has tapped into local talent in appointing its new managing director, NZ Herald reported on November 3.
The Kiwi beverage manufacturer and distributor has announced it has appointed Matt Wilson as a new managing director replacing Peter Simons, who has moved on to a different role within the Heineken company.
Wilson is currently a corporate affairs director and transformation lead at DB but he will take up his new role from January 1 next year.
Simons said he was thrilled to see the top job go to a local talent who had been in the company since 2009.
"It is wonderful to hand over the managing director role to Matt Wilson, a New Zealand national," he said.
Since joining DB in 2009 as legal counsel, Wilson had served as the corporate relations and legal director at DB and corporate affairs director at Heineken Vietnam, before moving back to New Zealand in 2020 as corporate affairs director and transformation lead at DB.
Prior to joining DB, Wilson worked in the legal and banking sectors in New Zealand, France and the UK, Simons said.
With 12 years of leadership experience within the company, Wilson was well experienced and capable to take over as the new managing director
...More info on site
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