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E-Malt.com Newsletter 45b
November 11 - November 14, 2021
Quote of the Week
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Arthur Ashe
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Currency Rates
Base Currency: US Dollar
on November 12, 2021 |
Base Currency: Canadian Dollar
on November 12, 2021 |
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1 USD = 0.8722 EUR
1 USD = 0.7467 GBP
1 USD = 1.2547 CAD
1 USD = 1.3693 AUD
1 USD = 114.0000 JPY
1 USD = 5.4497 BRL
1 USD = 71.2807 RUB
1 USD = 6.3947 CNY
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1 CAD = 0.7968 USD
1 CAD = 0.5950 GBP
1 CAD = 0.6950 EUR
1 CAD = 1.0911 AUD
1 CAD = 90.8400 JPY
1 CAD = 4.3425 BRL
1 CAD = 56.7992 RUB
1 CAD = 5.0956 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley prices high and remain highly theoretical due to lack of forthcoming offers
...Click here
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Canada: Canadian Malting Barley Technical Centre publishes its list of recommended malting barley varieties
...Click here
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USA, ME: Rusty Bus Brewing Co. to open in Lewiston this spring
...Click here
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USA, TX: Slackers Brewing Co. ready to open its doors on November 12
...Click here
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World: January-September beer volume up in China, down in Germany and the US
...Click here
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The Philippines: San Miguel Food and Beverage Inc.’s food, beer and spirits divisions all register growth in January-September
...Click here
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Malaysia: Heineken Malaysia’s net profit falls 16.7% in Q3 2021
...Click here
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Japan & Myanmar: Kirin preparing to dissolve Myanmar joint venture by year end
...Click here
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World: Global craft beer market projected to reach US$190 bln by end of 2027
...Click here
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World: Barley production down almost 13 mln tonnes this year
...Click here
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Jamaica: Jamaicans drinking more beer than before pandemic
...Click here
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Argentina: Barley crop continues to progress toward good outcome
...Click here
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Japan: Leading brewers report yoy rises in beer sales for October
...Click here
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UK: Cloudwater Brew Company in Manchester crowned UK’s best independent brewery
...Click here
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UK: Scotland’s first new grain distillery in 10 years gets green light to start construction
...Click here
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Ukraine: 9.6 mln tonnes of barley harvested to-date
...Click here
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Spain: Beer maker Damm halts production at main brewery after cyber attack
...Click here
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UK & Netherlands: BrewDog and La Trappe release collaboration beer after almost two years in the making
...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
11 November
1493 - Columbus discovers Saba
1925 - Robert Millikan announces discovery of cosmic rays
1988 - Oldest known insect fossils (390 million years) reported in Science
1993 - Bill Gates buys Leonardo da Vinci's "Codex" for $30,800,000
12 November
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
13 November
1851 - Telegraph connection between London-Paris linked
1893 - Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 - 1st modern elastic brassiere patented by Mary Phelps Jacob
14 November
1494 - Corporate balance sheets and income statements can trace their heritage to this day, as the first edition of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni et Proportionalita is printed in Venice
1957 - OPEC (Organization of Petroleum Exporting Countries), forms
1985 - Brewers release 39-year-old pitcher Rollie Fingers
1994 - 1st trains for public run in English Channel Tunnel
2008 - The first G-20 economic summit opens in Washington, D.C
Agenda
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)
November 2022:
08 - 10: Brau Beviale 2022 (Nuremberg, Germany)
News Articles
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Canada: Barley prices high and remain highly theoretical due to lack of forthcoming offers
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The price indication for Canadian malting barley FOB Vancouver is up to USD435/tonne and remains highly theoretical given no offers are forthcoming due to
...More info on site
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Canada: Canadian Malting Barley Technical Centre publishes its list of recommended malting barley varieties
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The Canadian Malting Barley Technical Centre (CMBTC) officially released on November 10 its list of recommended malting barley varieties for the 2022-23 marketing year, identifying varieties that have the greatest potential for selection and marketability. All varieties on the list have been pilot tested at the CMBTC and each exhibit very good malting and brewing characteristics, based on their agronomic, quality and processing performance.
The recommended 2-row varieties on the list are CDC Copeland, AAC Synergy, AC Metcalfe, AAC Connect, CDC Fraser, CDC Bow.
Varieties in development are the 2-row CDC Churchill, CDC Copper, AB BrewNet.
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USA, ME: Rusty Bus Brewing Co. to open in Lewiston this spring
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A new craft brewery will open this spring on downtown Lisbon Street in Lewiston after winning a business incubator contest, the Sun Journal reported on November 11.
Rusty Bus Brewing Co. was announced the winner of the JumpstartME contest Thursday, an initiative launched in July by the Downtown Lewiston Association and LA Metro Chamber of Commerce.
According to a news release announcing the winner, the contest generated over a dozen applicants vying for a grand prize package valued at more than $80,000 in donated business services.
The brewery’s owners, Peter and Nicole Ouellette, had been searching for the right location in downtown Lewiston for several years, the release said. While craft brewing has been a longtime passion, Peter Ouellette has been managing Hudson Bus Lines for the past decade, while Nicole has been teaching at Farwell Elementary School in Lewiston for the past seven years.
“We really fell in love with the atmosphere of craft breweries, the quality of people that we have met, and the brotherhood among breweries in general,” Peter Ouellette said.
The couple began their first home brewing operation in 2016, and considered a Portland location in 2018 but reconsidered due to market saturation.
They will brew on-site at the Lisbon Street location
...More info on site
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USA, TX: Slackers Brewing Co. ready to open its doors on November 12
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Slackers Brewing Co. is set to open Nov. 12 on RM 620 in Northwest Austin, the Community Impact reported.
The brewery will open with 11 craft beer taps, one cold brew tap and a limited food menu.
Owners Derek and Haley Law previously told Community Impact Newspaper that they aimed to build a family-friendly, community-driven space.
This is the first brewery to open in the Anderson Mill area.
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World: January-September beer volume up in China, down in Germany and the US
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China’s January-September beer output is reported at 292.4 mln hl, plus 4.1% y/y, H. M. Gauger GmbH said in their November report.
Germany produced 7.43
...More info on site
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The Philippines: San Miguel Food and Beverage Inc.’s food, beer and spirits divisions all register growth in January-September
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Diversified conglomerate San Miguel Corp. said on November 11 it continued its steady recovery from the economic impact of the pandemic, as consolidated net
...More info on site
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Malaysia: Heineken Malaysia’s net profit falls 16.7% in Q3 2021
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Heineken Malaysia Bhd's net profit fell 16.7 per cent to RM51.02 million in the third quarter (Q3) ended September 30, 2021 from RM61.25 million
...More info on site
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Japan & Myanmar: Kirin preparing to dissolve Myanmar joint venture by year end
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Japanese beverage giant Kirin plans to dissolve by next month its joint venture with the Myanmar military, Myanmar Brewery, whose profits plunged by almost
...More info on site
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World: Global craft beer market projected to reach US$190 bln by end of 2027
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The global craft beer market size stood at US$89.25 billion in 2019 and is projected to reach US$190.66 billion by the end of 2027,
...More info on site
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World: Barley production down almost 13 mln tonnes this year
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World barley production is down almost 13 mln tonnes from last year, after crop failures in Canada and the U.S., and also smaller crops
...More info on site
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Jamaica: Jamaicans drinking more beer than before pandemic
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Jamaicans are drinking more beer than before the pandemic, according to local brewery Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, The
...More info on site
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Argentina: Barley crop continues to progress toward good outcome
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The Argentine barley crop continues to progress toward a good final outcome. Weather conditions have been favourable with more rains received over the past
...More info on site
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Japan: Leading brewers report yoy rises in beer sales for October
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Four major Japanese brewers have reported year-on-year rises in their beer and quasi-beer sales for October, with demand for low-priced "third-segment" products recovering from the impact of last year's tax hike, Jiji Press reported on November 11.
Beer and quasi-beer sales by volume grew 14 pct at Suntory Beer Ltd., 8 pct at Sapporo Breweries Ltd. and 1 pct at Kirin Brewery Co., while those by value increased 9 pct at Asahi Breweries Ltd.
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UK: Cloudwater Brew Company in Manchester crowned UK’s best independent brewery
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The UK’s best independent breweries, as rated by the public, have been revealed in new research from South Western Railway, The Drinks Business reported on November 11.
The Cloudwater Brew Company in Manchester has been crowned the best independent brewery in the UK, followed by Stewart Brewing in Loanhead and Kernel Brewery in London, according to the data.
London has been ranked as the best location for independent breweries, with Manchester placing second and Leeds third. The research also revealed that Bristol is home to three of the top 15 best breweries in the UK – more than any other town or city.
With over 2,000 independent breweries in the UK, and over 74,000 Google searches a month for ‘breweries’ alone, it is evident that the UK’s love for local beer continues to grow. South Western Railway ranked each independent brewery based on their average Google review rating, the number of beers the brewery has produced and the rating of the top performing beer, according to (the international website for craft beer enthusiasts).
Cloudwater, which took the top spot for being the best independent brewery in the UK, was one of only three to receive top marks for a beer produced and receive 5
...More info on site
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UK: Scotland’s first new grain distillery in 10 years gets green light to start construction
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Developers of a new £46 mln grain distillery in the Borders which will source thousands of local wheat and barley annually have welcomed the green light to start construction, FarmingUK reported on November 12.
Plans to create Scotland’s first grain distillery in 10 years have taken a significant step forward after it was approved by planners earlier this week.
The St. Boswells Distillery, based at Charlesfield Industrial Estate in the Scottish Borders, will also become Scotland’s lowest carbon grain distillery.
It will produce 20 million litres of pure alcohol a year to meet the growing demand for grain whisky for use in Scotch Whisky blending and a Scottish grain neutral spirit for gin and vodka.
The site will source local cereals from growers in the surrounding Tweed Valley and process them sustainably with renewable energy into the spirit.
The cereals, once spent, will be passed to the adjacent anaerobic digestion plant, where they will be converted into methane, with the remaining material being used as soil conditioner for the crops.
Jack Distillers, the firm behind the facility, said the development will create about 20 permanent jobs and 200 during construction.
The 18 month construction period is scheduled to begin in 2022, and spirit will be produced in
...More info on site
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Ukraine: 9.6 mln tonnes of barley harvested to-date
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Ukrainian farms have harvested 73.4 million tonnes of grain from 91% of its sowing area, with the yield averaging 5.08 tonnes per hectare, the agriculture ministry said on November 12.
The volume includes 32.3 million tonnes of wheat, 9.6 million tonnes of barley, 28.1 million tonnes of corn and small volumes of other grains, the ministry said.
Favourable weather could help Ukraine to harvest a record 80.3 million tonnes of grain this year, up from 65 million tonnes in 2020, the ministry has said.
It has said the grain exports could jump to 61.5 million tonnes in the 2021/22 July-June season, from 44.7 million tonnes in 2020/21.
The volume could include 24.5 million tonnes of wheat, 30.9 million tonnes of corn and 5.2 million tonnes of barley.
Last season Ukraine exported 23.1 million tonnes of corn, 16.6 million tonnes of wheat and 4.2 million tonnes of barley.
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Spain: Beer maker Damm halts production at main brewery after cyber attack
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Spain's second biggest beer maker Damm halted output at its main brewery outside Barcelona after a cyber attack hit its computer systems earlier this week, a spokesperson said on November 12.
The attack hit the brewery on Tuesday night (November 9) and for a few hours the plant in El Prat de Llobregat, which produces 7 million hectolitres of beer a year, was "entirely paralyzed", Olga Vidal, Damm's head of communications, told Reuters on November 12.
"IT services made possible a partial resumption of production and we expect to operate at 100% in the coming hours," she said.
She declined to say whether a ransom was demanded of the company or if the maker of Estrella Damm lager had paid anything to the hackers behind the attack.
She wouldn't confirm whether the company had notified the police and local police declined to comment.
Damm bottles several other beer brands beside its iconic Estrella Damm and has honoured all deliveries to bars, restaurants and supermarkets thanks to existing stocks, Vidal said.
Several high-profile cyber attacks in the past year, including the Colonial Pipeline hack, which caused panic buying of fuel across the eastern US in May, have jolted governments and companies into reviewing their security policies.
A European
...More info on site
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UK & Netherlands: BrewDog and La Trappe release collaboration beer after almost two years in the making
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After almost two years in the making, BrewDog and La Trappe have released a collaboration beer called Practise What You Preach, the Grampian Online reported on November 11.
The 10 per cent quadruple ale features heather honey and experimental US hops.
The beer – which launched on the BrewDog online store and in all of its bars on November 11 – has been brewed at La Trappe’s Bierbrouwerij De Koningshoeven B.V in the Netherlands.
Prior to realising the recipe, La Trappe spent time at BrewDog HQ in December 2019 to create a concept that showcases the best of both breweries.
After landing on the quadruple style, which is celebrated worldwide as one of the most complex and significant styles of Trappist beer, both breweries then agreed to add heather honey and experimental US hop, HBC-692.
The beer will be available to try at La Trappe tap takeovers at all UK bars, where BrewDog's crews will be pouring Practise What You Preach alongside La Trappe’s collection of year-round beers.
People can also grab a 330ml bottle of the 10 per cent ale on BrewDog.com, with limited stock available alongside a small selection of glassware and tin signs.
As with many of the products produced by a Trappist brewery,
...More info on site
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