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E-Malt.com Newsletter 47b November 25 - November 28, 2021
Quote of the Week
The mouth of a perfectly happy man is filled with beer.
Ancient Egyptian wisdom
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Currency Rates
Base Currency: US Dollar on November 26, 2021 |
Base Currency: Canadian Dollar on November 26, 2021 |
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1 USD = 0.8835 EUR
1 USD = 0.7497 GBP
1 USD = 1.2782 CAD
1 USD = 1.4055 AUD
1 USD = 113.2300 JPY
1 USD = 5.5947 BRL
1 USD = 75.5770 RUB
1 USD = 6.3927 CNY
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1 CAD = 0.7823 USD
1 CAD = 0.5865 GBP
1 CAD = 0.6912 EUR
1 CAD = 1.0993 AUD
1 CAD = 88.5680 JPY
1 CAD = 4.3773 BRL
1 CAD = 59.1190 RUB
1 CAD = 5.0011 CNY
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Currency Rates Chart
Equities of the Largest Breweries
North America: Commercial stocks of barley declining in export channels
...Click here
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USA, IN: Chapman’s Brewing Co. planning new flagship brewery in Fort Wayne
...Click here
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Canada, NB: Tire Shack Brewing receives approval for ambitions expansion project
...Click here
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Canada, BC: Driftwood Brewery launches consolidated facility in Esquimalt
...Click here
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USA, TN: Rock Bottom Restaurant & Brewery closes its doors for good
...Click here
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EU: Malting barley sold out on paper, market impression is worse
...Click here
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New Zealand: Latest lockdown sees beer consumption reduced
...Click here
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Spain & Brazil: Spanish brewer Estrella Galicia to build its first plant outside of Spain in Brazil
...Click here
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EU & UK: EU winter barley demand expected at up to 2 mln tonnes
...Click here
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UK: Total barley availability 1.316 mln tonnes lower in 2021/22
...Click here
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Ukraine: Leading beer maker Obolon sees 87% drop in January-September net profit
...Click here
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World: Diageo starts next phase of GBP4.5 mln buyback
...Click here
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Argentina: Bumper wheat and barley crops expected to help dollar-strapped Argentina
...Click here
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Ukraine: Ukrainian farms harvest 9.9 mln tonnes of barley to-date
...Click here
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Graph of the Week
Table of the Week
Africa Beer Production 2016 - 2020s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 November
1867 - Alfred Nobel patents dynamite
1884 - John B Meyenberg of St. Louis patents evaporated milk
26 November
1885 - 1st meteor photograph
1925 - Netherlands and Germany sign trade agreement
1987 - Matsushita purchases the movie and entertainment company MCA Inc. for $6.6 billion
27 November
1895 - Alfred Nobel establishes Nobel Prize
1962 - 1st test flight of the Boeing 727 takes place
28 November
1895 - The Chicago Times-Herald sponsors the first automobile race in U.S. history. The winner's average speed clocks in at roughly 7 mph
1946 - 1st Polaroid camera sold
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
North America: Commercial stocks of barley declining in export channels
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Commercial stocks of barley are declining in export channels, an indication barley is remaining on farm (or has been delivered to end-users). This allows
...More info on site
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USA, IN: Chapman’s Brewing Co. planning new flagship brewery in Fort Wayne
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Chapman’s Brewing Co. is planning to build a flagship brewery and taproom at the Electric Works mixed-use innovation district in downtown Fort Wayne. The brewery says the location will also serve as its headquarters, housing its corporate office and research and development operations, the Inside Indiana Business reported on November 23.
The brewery is expected to open next fall as part of the district’s $286 million first phase.
“We believe in Electric Works – what the campus has meant to Fort Wayne and Northeast Indiana, and the center of gravity it will become as the vision turns into reality,” Scott Fergusson, founder of Chapman’s Brewing Co., “Our new headquarters will have a totally unique, artisanal look and feel, and we want to bring our customers into the heart of it. We will capitalize on the energy and innovation at Electric Works, while continuing to serve customers throughout the region online, at our thriving brewery and taproom in Angola, and our regional taprooms in Columbia City, Huntington, Wabash, and at Fort Wayne International Airport.”
Chapman’s Brewery says it will occupy Building 27 at Electric Works. The brewery and taproom will offer family-friendly dining and retail space.
“Chapman’s flagship brewery concept fits perfectly with the vision
...More info on site
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Canada, NB: Tire Shack Brewing receives approval for ambitions expansion project
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Two years after opening in an abandoned auto body shop, Tire Shack Brewing has received approval from Moncton city council for an ambitious expansion project, the Canadian Beer News reported on November 23.
Owners Alan Norman and Jerrica Kennedy have purchased a property adjacent to the current brewery at the corner of John St. and Dominion St. and are planning a 4,000-square-foot two-storey expansion that will include a year-round rooftop patio, an event space, a larger brewhouse, and the introduction of a barrel-aging program.
“Right now, we have a hard time being able to provide when restaurants and bars ask us for beer,” said Norman in an interview with Huddle. “This expansion will allow us to really grow our reach throughout the province.”
Timelines and other details of the project have yet to be confirmed, but should be announced in coming months.
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Canada, BC: Driftwood Brewery launches consolidated facility in Esquimalt
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After several years of having its various operations such as brewing, packaging, warehousing and retail sales split across multiple locations, Driftwood Brewery has officially opened the doors to its new consolidated facility in Esquimalt, the Canadian Beer News reported on November 18.
Located in a 59,000-square-foot space at 836 Viewfield Road, the new location includes a retail outlet, tasting lounge, kitchen and patio. In addition to the brewery, the facility also includes a distillery, with an inaugural batch of gin set to be released in coming weeks.
Open to the public since Friday, November 12th, the lounge offers a variety of Driftwood beers along with food by Dumpling Drop.
Driftwood Brewery is open from 12:00 noon to 9:00 PM daily.
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USA, TN: Rock Bottom Restaurant & Brewery closes its doors for good
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Rock Bottom Restaurant & Brewery on Lower Broadway in Nashville has closed its doors for good, the Nashville Post reported on November 24.
The move comes on the heels of a Baltimore real estate firm buying the 50,303-square-foot building where the brewery is located at 111 Lower Broadway earlier this year.
In May, Continental Realty Corporation announced it bought the property — which was 100% leased and located within a mile of Fifth + Broadway, Nissan Stadium and Nashville Yards — for $36 million.
Built in 1930, the three-story mixed-use building was home to Rock Bottom on the first floor and rooftop, Wyndham-Margaritaville Vacation Club, the Glen Campbell Museum and Platinum Companies.
The Wyndham-Margaritaville Vacation Club and Glen Campbell Museum had nine years remaining on their leases; Platinum Companies had five years remaining and Rock Bottom Restaurant and Brewery's lease term would have been up in two years, according to the property's LoopNet listing.
A Rock Bottom spokesperson could not immediately be reached for comment.
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EU: Malting barley sold out on paper, market impression is worse
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EU’s malting barley exports to third countries to-date are estimated at half a million tonnes. Therefore on paper EU malting barley is sold out,
...More info on site
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New Zealand: Latest lockdown sees beer consumption reduced
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Statistics New Zealand figures released this week showed how the lockdown in Auckland has impacted the beer sector over the last quarter. The data
...More info on site
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Spain & Brazil: Spanish brewer Estrella Galicia to build its first plant outside of Spain in Brazil
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The Spanish brewer Estrella Galicia announced on November 25 the construction of its first factory outside of Spain in the Brazilian state of Sao
...More info on site
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EU & UK: EU winter barley demand expected at up to 2 mln tonnes
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The U.K. and Germany will fully use their small supplies of 2-row winter barley. Almost 4 mln tonnes of French 6-row winter malting barley
...More info on site
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UK: Total barley availability 1.316 mln tonnes lower in 2021/22
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UK’s total availability of barley is estimated at 8.246 mln tonnes in 2021/22, 1.316 mln tonnes lower than year earlier levels, driven by a
...More info on site
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Ukraine: Leading beer maker Obolon sees 87% drop in January-September net profit
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Obolon Corporation (Kyiv), one of the largest brewing companies in Ukraine, saw January-September 2021 net profit drop by 87% compared to the nine months of 2020 – to UAH 48.64 million, the Ukraine Open for Business website said on November 26.
According to the corporation’s report in the information disclosure system of the National Securities and Stock Market Commission, its revenue for the specified period increased by 6.3% to UAH 4.68 billion, assets did not change significantly and totalled UAH 5.88 billion, and retained earnings halved to UAH 167.84 million.
As per the unified state register of legal entities and individual entrepreneurs, the ultimate beneficiary of Obolon is Ukrainian businessman and ex-MP Oleksandr Slobodian. Obolon Corporation produces beer, soft and low alcohol drinks, mineral water, snacks, and is the country’s largest exporter of beer. It includes the main plant in Kyiv and nine enterprises in the regions of the country.
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World: Diageo starts next phase of GBP4.5 mln buyback
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Diageo PLC will start on November 26 the next tranche of its return of capital programme of up to GBP4.5 billion to shareholders by
...More info on site
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Argentina: Bumper wheat and barley crops expected to help dollar-strapped Argentina
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Argentina's bumper wheat and barley crops and high prices are on track to give the government some breathing room with the peso, which is
...More info on site
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Ukraine: Ukrainian farms harvest 9.9 mln tonnes of barley to-date
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Ukrainian farms have harvested 79.7 million tonnes of grain from 95.3% of the sowing area, with an average yield of 5.25 tonnes per hectare, the Ministry of Agriculture said on November 26.
The volume includes 32.4 million tons of wheat, 9.9 million tons of barley, 35 million tons of corn and small volumes of other grains, the ministry said, noting that the remaining 12.5% has yet to be harvested. of the corn area.
Favorable weather could help Ukraine harvest a record 80.3 million tonnes of grain this year, up from 65 million tonnes in 2020, the ministry said, adding that grain exports could jump to 61.5 million. tons in the 2021/22 season -which runs from July to June-, from 44.7 million in the previous season.
The volume could include 24.5 million tons of wheat, 30.9 million tons of corn and 5.2 million tons of barley.
Last season, Ukraine exported 23.1 million tons of corn, 16.6 million tons of wheat and 4.2 million tons of barley.
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