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E-Malt.com Newsletter 48b
December 02 - December 05, 2021
Quote of the Week
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Currency Rates
Base Currency: US Dollar
on December 03, 2021 |
Base Currency: Canadian Dollar
on December 03, 2021 |
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1 USD = 0.8834 EUR
1 USD = 0.7517 GBP
1 USD = 1.2807 CAD
1 USD = 1.4081 AUD
1 USD = 113.0500 JPY
1 USD = 5.6673 BRL
1 USD = 73.8526 RUB
1 USD = 6.3712 CNY
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1 CAD = 0.7807 USD
1 CAD = 0.5869 GBP
1 CAD = 0.6896 EUR
1 CAD = 1.0993 AUD
1 CAD = 88.2600 JPY
1 CAD = 4.4245 BRL
1 CAD = 57.6569 RUB
1 CAD = 4.9740 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, MD: Wico Street Beer Co. to open in Pigtown soon
...Click here
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USA, MA: Construction of Castle Island Brewing Company completed in South Boston
...Click here
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USA, PA: Coven Brewing plans to open in Pittsburgh in early 2022
...Click here
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USA, WA: Chainline Brewing opening a new location early next year
...Click here
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Russia: Beer production sees 2.5% increase in January-October this year
...Click here
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World: Barley production forecast slips further down this month
...Click here
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World: Barley prices likely to remain well-supported - analysts
...Click here
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EU & UK: Barley prices remain relatively stable despite new Covid variant shock
...Click here
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Japan: Suntory announces whisky price hikes starting next spring
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 December
1816 - 1st savings bank in U.S. opens (Philadelphia Savings Fund Society)
1901 - Gillette patents 1st disposable razor
1927 - 1st Model A Fords sold, for $385
03 December
1621 - Galileo invents telescope
1967 - 1st human heart transplant performed (Dr. Christian Barnard, South Africa)
04 December
1619 - America's 1st Thanksgiving Day (Va)
1791 - Britain's Observer, oldest Sunday newspaper in world, 1st published
1851 - President Louis Napoleon Bonaparte forces crush a coup d'etat in France
1930 - Vatican approves rhythm method for birth control
1933 - Franklin Roosevelt creates Federal Alcohol Control Administration
05 December
1492 - Christopher Columbus discovers Hispaniola (El Espanola/Haiti)
1791 - Wolfgang Amadeus Mozart, composer, dies in Vienna Austria at 35
1792 - George Washington re-elected U.S. pres
1879 - 1st automatic telephone switching system patented
1880 - Blue Jeans are invented
1880 - Walter Elias Disney was born, Chicago IL, animator (father of Mickey Mouse)
1978 - European Union establishes EMS, European Monetary System
1985 - Dow Jones Industrial Average rises above the 1,500 level for 1st time
1989 - France TGV train reaches world record speed of 482.4 kph
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)
07 - 08: IGC Grains Conference 2022 (London, 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 production down 35.3% in 2021
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Canadian farmers produced more corn for grain but less wheat, canola, barley, soybeans and oats in 2021 compared with 2020. Lower yields were driven
...More info on site
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USA, MD: Wico Street Beer Co. to open in Pigtown soon
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Cousins Jordan McGraw and Michael Richardson are opening Wico Street Beer Co. at the 1100 Wicomico building in Pigtown. The brewery will be located in a 4,200 sq. ft. first-floor space that will be part of a new two-story marketplace concept in the building, SouthBMore.com reported on December 1.
McGraw has been working in brewing for 13 years. He helped open Hysteria Brewing Company in Columbia, later ran operations at Full Tilt Brewing in North Baltimore, and is currently working at Oliver Brewing Company in East Baltimore. McGraw introduced Richardson to craft beer and the two wrote a business plan for their own brewery five years ago.
McGraw and Richardson were hoping to open a location in Baltimore City and began negotiating on the space in Pigtown in late-2019. The two were initially looking in North Baltimore neighborhoods and were interested in taking over UNION Craft Brewing’s old brewery, but the space was not yet available at the time.
A family friend told them to check out the 1100 Wicomico building. “I was not expecting to like this place,” said McGraw, who noted he had his doubts about Pigtown. But, once the two toured the space, they saw the promise.
McGraw and Richardson like
...More info on site
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USA, MA: Construction of Castle Island Brewing Company completed in South Boston
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Kaplan Construction announced that it has completed construction of the 9,500 SF Castle Island Brewing Company at 10 Old Colony Avenue in South Boston, the Boston Real Estate Times reported on December 2.
Located within an existing industrial building, the South Boston location features a 4,000 SF main tasting room with seating for 220 people, a retail area, and a 1,900 SF private event space which can accommodate up to 140 people. A quarter of Castle Island’s new space accommodates the brewing operations, including a brewhouse and seven 10-barrel tanks. A large focal wall is made from wood and metal and features the Castle Island Brewing Company logo.
“This was our third project with Kaplan since we opened in 2015 and, once again, the team did a phenomenal job, particularly in negotiating some tricky, unanticipated conditions below-slab,” said Adam Romanow, founder and president of Castle Island Brewing Company. “This building has a strong personal significance to me as it used to be owned by my great-grandfather. I was very touched when the Kaplan team found an old blueprint of the building in the walls and had it framed for me to display. That level of thoughtfulness is unmatched in the industry.”
The building
...More info on site
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USA, PA: Coven Brewing plans to open in Pittsburgh in early 2022
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Taking over for a staple in the Pittsburgh beer community is no easy task. But if there was anyone up for it, Trevor Greer and Caiti Sullivan are ready. For years, the two have been in working in the craft beer industry, including at the popular and recently expanded Dancing Gnome brewery in Sharpsburg, the Pittsburgh City Paper reported on December 1.
And now, they are opening a new brewery in early 2022. Coven Brewing will be run by Greer and Sullivan and it will be taking over the Roundabout Brewery space in Lawrenceville. (Roundabout will still be open during the transition.) Pittsburgh City Paper corresponded over email with Greer and Sullivan on the new space, their plans for the future, and what it means to be a part of the Lawrenceville community.
Coven is entering a crowded and thriving Pittsburgh craft beer scene. What is your plan to stand out, and what are you hoping to achieve opening up your own space?
Greer and Sullivan: We’re thrilled to be part of the Pittsburgh craft beer community. As equal-opportunity drinkers, we find inspiration anywhere from classic beer styles to a wide range of flavor profiles found in beverages, including spirits, cocktails, wine, cider,
...More info on site
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USA, WA: Chainline Brewing opening a new location early next year
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Chainline Brewing is opening a new location early next year. The award-winning brewery will open Chainline Station along the Cross Kirkland Corridor, very near the spot where the company opened its original brewery and taproom about five years ago, the Washington Beer Blog reported on December 1.
Chainline Station is part of an expansion project at the city’s Feriton Spur Park. Along with a taproom, which will actually be in a real caboose, the project includes a new 16-foot wide paved trail, a pickleball court, urban farm, splash area, amphitheater, and more. Trains are the theme at Feriton Spur Park, offering a nod to the role the railway played in Kirkland’s past.
In August of 2020, Chainline Brewing opened a new taproom in the Kirkland Urban Center, a mixed-use, commercial-residential development in downtown Kirkland. Chainline Station will bring the brewery’s beers closer to its original home along the heavily used Cross Kirkland Corridor trail.
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Russia: Beer production sees 2.5% increase in January-October this year
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Russia’s beer production totalled 5.87 mln hl in October this year, 5.7% more than in the same month in 2020 but 7.8% less than
...More info on site
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World: Barley production forecast slips further down this month
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World barley production forecast this month slipped to 148 mln tonnes (from 148.2 mln tonnes in the previous report in late November) and represents
...More info on site
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World: Barley prices likely to remain well-supported - analysts
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Global growth has shown to be resilient through the Covid variants. Regardless, commodity markets are under pressure as fear for an economic decline are
...More info on site
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EU & UK: Barley prices remain relatively stable despite new Covid variant shock
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Outside markets (e.g. wheat and corn) are again impacting barley prices as Euronext wheat futures demonstrated. A new Covid variant shocked the market in
...More info on site
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Japan: Suntory announces whisky price hikes starting next spring
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Whisky is on the rise as a popular drink throughout the world, and while that might mean that there are more people than ever to enjoy a glass with, it also means there’s more demand. Unfortunately, in Japan that means a whisky can completely sell out or disappear because the demand completely outstrips the supply. Or, in a different effect of insufficient demand, whisky makers increase their prices, the Japan Today reported on December 2.
In fact, Japanese drink manufacturer Suntory has announced that starting next spring, they’ll be increasing domestic prices of some of their in-house and imported whiskies by up to 28 percent. Suntory has been investing in additional casks and storage warehouses in recent years in order to meet the increasing demand for whisky, but they still haven’t been able to keep up with the rising demand for some of their products.
As such, the company has decided to increase the domestic prices of 31 different products from eight brands of whisky they produce and import, with the hopes of using the profits as capital to increase distilling capabilities and storage capacity. Prices will rise by between five and 28 percent. The brands affected are Suntory’s Hibiki, Yamazaki, Shirasu,
...More info on site
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