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E-Malt.com Newsletter 01a
January 01 - January 05, 2022
Quote of the Week
Enter this new year with a gratitude for this new chance to create your dreams.
Avina Celeste
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Currency Rates
Base Currency: US Dollar
on January 05, 2022 |
Base Currency: Canadian Dollar
on January 05, 2022 |
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1 USD = 0.8854 EUR
1 USD = 0.7405 GBP
1 USD = 1.2725 CAD
1 USD = 1.3853 AUD
1 USD = 115.9300 JPY
1 USD = 5.6798 BRL
1 USD = 74.9532 RUB
1 USD = 6.3539 CNY
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1 CAD = 0.7857 USD
1 CAD = 0.5818 GBP
1 CAD = 0.6957 EUR
1 CAD = 1.0885 AUD
1 CAD = 91.0900 JPY
1 CAD = 4.4627 BRL
1 CAD = 58.8919 RUB
1 CAD = 4.9924 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada, PEI: Maltsters getting calls from brewers scrambling for supply
...Click here
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USA, FL: Indianapolis-based Sun King Brewing Co. to open a brewery and tap room in Sarasota
...Click here
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USA, AZ: Lake Pleasant Brewing Company to join North Phoenix's growing craft brewery scene
...Click here
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USA, ME: Hidden Cove Brewing sold to Batson River Brewing and Distilling
...Click here
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USA, CT: Better Half Brewing announces permanent closure
...Click here
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USA, ME: Sebago Brewing Co. to close its Portland brewpub
...Click here
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Europe: Brewers of Europe’s latest report reveals overall decline in beer sales in first year of pandemic
...Click here
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EU: Malting barley balance barely even (on paper) this season
...Click here
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Australia: Barley harvest continues to advance despite some weather obstacles
...Click here
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Argentina: Barley harvest advances with generally positive early harvest results
...Click here
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Ireland: Some alcohol to more than double in price as new minimum pricing laws kick in
...Click here
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Turkey: Turkey increases special consumption tax on alcohol and tobacco by 47.4%
...Click here
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France: AB InBev angry with French hobby brewer who has named his brewery “Leff”
...Click here
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Belgium: Belgian Barrels Alliance teams up with Zeromint to help preserve Belgian beer culture
...Click here
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UK: Consumers increasingly choosing low- and no-alcohol products all year round
...Click here
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Trinidad & Tobago: Carib beers and other products become more expensive
...Click here
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UK: New spring malting barley variety Tungsten showing good northern yields and early maturity
...Click here
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Graph of the Week
Table of the Week
World Barley Import, Production, Consumption, and Ending Stocks by Region
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 January
1911 - US postal savings bank inaugurated
1977 - Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1980 - Gold hits record $634 an ounce
2015 - 1st electric watch introduced, Lancaster PA
04 January
1960 - European Free Trade Association forms in Stockholm
1962 - 1st automated (unmanned) subway train (New York City NY)
2001 - Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever
05 January
1769 - Jean Baptiste Say, French economist is born
1828 - 1st edition of Amsterdam General Trade Journal (Algemeen Handelsblad)
1850 - California Exchange opens
Agenda
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)
17 - 19: Expo Antad & Alimentaria Mexico 2022 (Expo Guadalajara, Jalisco, Mexico)
19 - 22: Mondial de la Biere 2022 (Montreal, Canada)
24 - 27: Beer 2022 (Sochi, Russia)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: IGC Grains Conference 2022 (London, UK)
07 - 08: Bevexpo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
12 - 14: Bangkok Brewing Conference 2022 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2022:
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
November 2022:
08 - 10: Brau Beviale 2022 (Nuremberg, Germany)
December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
News Articles
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Canada, PEI: Maltsters getting calls from brewers scrambling for supply
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Producers of barley malt on P.E.I. have been getting calls from brewers scrambling for supply following a poor growing season in Western Canada and the U.S. Midwest, CBC News reported on January 4.
Redmer Renkema of Island Malt House said a hot, dry spring cut yields almost in half, and there have been issues with supply from other parts of the world as well.
"Some clients of ours who buy from Europe have logistic issues already," Renkema told Island Morning host Laura Chapin.
Both Renkema and John Webster of Shoreline Malting have been getting calls from current customers, looking for more supply, as well as calls from potential new ones.
But there is only so much the Island malters can do to help out. Both have sufficient supplies for their current customers with little room for growth.
"We can't turn on a dime," said Webster.
"We are looking at expansion plans for the malting. Our priority is our existing customers and making sure we have them covered and we're getting increased asks from them."
While there may be opportunities to pick up new customers, both Renkema and Webster said they will be cautious about growth.
"As a rule Western Canada will be cheaper than what we are," said
...More info on site
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USA, FL: Indianapolis-based Sun King Brewing Co. to open a brewery and tap room in Sarasota
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Indianapolis-based Sun King Brewing Co. is opening its first brewery and tap room outside of Indiana. Sun King says the new Sarasota, Florida brewery will take over an existing 5,000-square-foot space, the Inside Indiana Business reported on January 4.
The Sun King Sarasota Brewery and Tap Room will feature 18 taps including core beers like Sunlight Cream Ale and Orange Vanilla Cream Ale, as well as seasonal and specialty beers.
“We are excited to expand Sun King’s operations outside of the Hoosier state and tap into Florida, where residents of the Sunshine State have been enjoying our beers for several years,” said Sun King co-founder and owner Clay Robinson. “We have seen a sharp increase in sales in several areas outside of Indiana, and we look forward to building strong relationships with the people of Sarasota, brewing and sharing great beers, and contributing to the community.”
The brewery will feature food from local food trucks. Sun King says the facility will be family-friendly and will feature games and activities as well as an outdoor seating area.
Joe Burns, vice president of sales for Sun King, will oversee operations at the Florida location, which is set to open this summer.
Sun King operates four taprooms in
...More info on site
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USA, AZ: Lake Pleasant Brewing Company to join North Phoenix's growing craft brewery scene
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Two former co-workers are teaming up to bring their passion project to North Phoenix's growing craft brewery scene, the Phoenix New Times reported on January 4.
Nick Kelley and Dustin Westby started brewing beer eight years ago while working together at a car rental company. Today, they're putting the finishing touches on their new craft brewery, Lake Pleasant Brewing Company.
"We love everything that beer encompasses," Kelley says. "Not just what's in the glass, but the camaraderie that it brings between friends, family, and strangers. We wanted to create a place where others could experience that."
Kelley says he initially became curious about the brewing process and quickly fell in love with the many different styles of beer that can be made. After meeting Westby, the two started creating recipes like IPAs and sours for their beers.
Westby said while they were doing well at their corporate jobs and hitting all the goals they set for themselves, the two weren't feeling fulfilled with their work. After the country shut down during the pandemic and their company went through some dramatic changes, the pair decided to take the leap and start planning to open their brewery.
"The unpredictable can happen sometimes, and I didn't ever want
...More info on site
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USA, ME: Hidden Cove Brewing sold to Batson River Brewing and Distilling
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Maine is losing a brewery, and another is expanding, WGME reported on December 31.
Hidden Cove Brewing in Wells says it's been sold to Batson River Brewing and Distilling, which has locations in Portland and Kennebunk.
Hidden Cove says Batson River plans to renovate and re-open sometime in May.
Batson River will honor any Hidden Cove gift certificates.
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USA, CT: Better Half Brewing announces permanent closure
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Better Half Brewing, which opened in 2019, has announced its permanent closure, The Bristol Press reported on January 3.
The downtown brewery, located at 59 N. Main St., was opened in Aug. 2019 by owners Michael and Rachel Haseltine. In addition to providing food, drinks and fellowship, Better Half Brewing also hosted live music, comedy nights, trivia and craft activities for the community.
The closure was announced via the brewery’s Facebook page on Jan. 2.
“In 2019 Rachel and I opened Better Half Brewing to pursue a dream we had designed together and to provide a common space for our community to join together,” Michael Haseltine wrote. “Since opening our doors (and even before) we have endured many challenges many of which we were able to overcome. Like all small businesses around the world we tirelessly worked to keep our doors open during the pandemic and received much support from our community. Unfortunately we have not been able to make it completely on the other side and are announcing we have closed our doors effective Dec. 31. We thank all our mug club members and our community for the opportunity to live out our passion and hope to continue many of the incredible
...More info on site
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USA, ME: Sebago Brewing Co. to close its Portland brewpub
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Sebago Brewing Co. is selling its Fore Street, Portland building and will close the brewpub later this month, the Press Herald reported on January 3.
The company said it plans to put the money into upgrading its three other brewpubs and improve the canning line at its Gorham brewery.
The company said its workers in Portland were notified of the decision and the company is looking to relocate them to the other locations or other positions with the company. The Portland location will close Jan. 29.
Kai Adams, vice president of Sebago Brewing, said one reason for the decision to sell is the drop-off in foot traffic in downtown Portland, with many office workers switching to working remotely during the coronavirus pandemic.
“You kind of feel that in the lunch business,” he said. Another factor, Adams said, were the high real estate prices that drew an attractive offer for the site.
“Our property is beautiful and that’s why (selling) it is so bittersweet,” he said.
Adams declined to offer specifics on the price and the identity of the buyer.
Sebago Brewing said it will renovate its brewpub and tasting room in Gorham in the spring, adding a new kitchen, larger bar and 20 tap lines. Upgrades at
...More info on site
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Europe: Brewers of Europe’s latest report reveals overall decline in beer sales in first year of pandemic
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The Brewers of Europe, a non-profit body representing more than 12,000 breweries, has said that Europe must continue to support the beer sector as
...More info on site
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EU: Malting barley balance barely even (on paper) this season
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Domestic demand for 2-row spring barley in selected EU countries (main producers of malting barley) is forecast at 8.350 mln tonnes, 6-row winter at
...More info on site
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Australia: Barley harvest continues to advance despite some weather obstacles
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Australia’s barley harvest continues to advance amidst a mix of weather conditions, RMI Analytics reported in late December.
Western Australia has seen nearly perfect
...More info on site
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Argentina: Barley harvest advances with generally positive early harvest results
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As barley harvest advances in Argentina, the weather has offered some challenges with rain during the last couple of weeks in December which delayed
...More info on site
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Ireland: Some alcohol to more than double in price as new minimum pricing laws kick in
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Some alcohol in Irish supermarkets will more than double in price as new minimum pricing laws kick in from January 4 in the Republic, the Belfast Telegraph reported on January 3.
All alcohol will have a minimum price based on the number of grams of alcohol, with one gram costing a minimum of 10c (8.5p).
It means some brands of spirits will cost several euro extra, while slabs of beer sold at promotional prices of around €20 (£16.80) will double in price.
While opponents say it will drive consumers to Northern Ireland to buy alcohol, others says the measures will effect much-needed change in society’s unhealthy relationship with alcohol.
In a price survey carried out over the last week of all major Irish supermarkets, the Irish Independent found major increases loom when minimum pricing is applied.
The legislation, introduced in May last year, aims to reduce consumption by heavy drinkers by making strong drink less affordable and therefore reduce alcohol-related harm.
While the new system will not affect the price of premium alcohol, cheaper brand prices and promotional prices will rocket.
This has led to accusations that the laws unfairly target people on lower incomes.
The price of a 500ml beer (4.3% strength) will be set at a
...More info on site
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Turkey: Turkey increases special consumption tax on alcohol and tobacco by 47.4%
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The Special Consumption Tax (ÖTV) levied on alcoholic beverages and tobacco products in Turkey has been increased by 47.4 percent. That being the case, the amount of tax to be paid for a pack of cigarettes has been increased from 9.76 to 14.39 lira, the Bianet reported on January 3.
The List of Special Consumption Tax (ÖTV) updated based on the Domestic Producer Price Index has been published on the website of the Revenue Administration of the Ministry of Treasury and Finance.
According to the updated list of the Administration, the minimum fixed amount of Special Consumption Tax to be levied on alcoholic beverages and tobacco products has been increased by 47.4 percent, which accounts for the 6-month change in the Domestic Producer Price Index.
While the amount of Special Consumption Tax on beer has been increased from 2.39 to 3.52 lira, the tax on wine has been increased from 11.76 to 17.34 lira and that on sparkling wine from 79.50 to 117.19 lira.
Tax specialist Ozan Bingöl has commented on the increasing Special Consumption Tax on his social media account briefly as follows:
"The Special Consumption Tax on a litre of rakı has increased by 47.4 percent from 326.99 lira to 481.98 lira. This
...More info on site
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France: AB InBev angry with French hobby brewer who has named his brewery “Leff”
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AB InBev is angry with a French hobby brewer, who has named his brewery "Leff". The world's largest beer brewer finds that hardly indistinguishable from its global brand Leffe. The Retail Detail reported on December 30.
Philippe Le Saux is not aware of any wrongdoing: he says he has named his brewery after the Leff, the river that flows through his hometown of Lanleff. Moreover, the names he has given his beers cannot be confused with Leffe: Bolec'h is a blond beer of 7.5 % ABV and Buzuch Coz is an amber coloured beer of 9 %. Le Saux has no ambitions to conquer the world with its beer: "I would be happy if I could produce a thousand bottles every month," the Breton told OuestFrance.
However, AB InBev is not putting up with that: Leff and Leffe are pronounced the same, so confusion is possible, the multinational believes - and so Le Saux should rename its brewery. However, the latter disagrees: in October he registered his name with the French National Institute of Intellectual Property (INPI), so he believes his brand is protected.
According to Belgian news broadcaster VRTNWS, AB InBev says it does not want legal proceedings, but will continue to
...More info on site
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Belgium: Belgian Barrels Alliance teams up with Zeromint to help preserve Belgian beer culture
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Brewers and farmers of the Belgian Barrels Alliance (BBA) have teamed up with Zeromint to offer non-fungible tokens (NFT) aimed at preserving the Belgian beer culture and heritage recognized by UNESCO, the Bharat Express News reported on January 1.
As part of the partnership, Zeromint will create and offer exclusive NFTs on the GoChain blockchain, which will be made available to international beer lovers through BBA. From January 1, the organization will run several BBA NFT fundraising projects around the sustainability and preservation of Belgian brewing heritage for the next 14 days.
According to the official statement, the first Belgian NFT barrel auction will be used to recruit 11 participants to star in a film produced by BBA titled Belgian Barrels:
“The aim of the film project is to further eternalize the history of Belgian beer through professional film production, which BBA plans to promote and distribute globally.”
Additionally, NFT winners will join a whitelist of VIP access to all BBA events and access to vintage beer menus and exclusive bottles at BBA clubs. “Eighty percent (80%) of the revenue generated from the NFT auction will go to a local charity in Belgium,” the ad says. Tom De Block, co-founder of the Belgian Barrels
...More info on site
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UK: Consumers increasingly choosing low- and no-alcohol products all year round
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UK drinkers increasingly choose low- and no-alcohol products all year round, and not just for Dry January. That’s the finding from a fourth annual online study by YouGov, commissioned by the Portman Group, beertoday.co.uk reported on January 4.
Almost one in three (32%) UK drinkers now ‘semi-regularly’ consume low- and no-alcohol products, compared to one in four (25%) in 2020. Furthermore, a fifth (20%) of those who have tried low and no alcohol say they are more likely to drink these products now compared to a year ago, almost double the number saying this in last year’s survey (11%).
Despite covid restrictions, the most popular reason for consumers who have tried low and no alcohol to drink these products continues to be ‘being able to drive home from social events’ (chosen by 33% of respondents). Reducing the possibility of health concerns or current medical reasons were also cited by 22% of consumers.
The other main reason is to socialise without drinking excessively, with 20% of respondents, while 12% explicitly stated they currently alternated low and no products with regular strength alcohol to moderate their overall consumption.
Furthermore, the survey shows that more than a quarter (26%) of those who have tried low and no
...More info on site
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Trinidad & Tobago: Carib beers and other products become more expensive
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Consumers of Carib products will now be paying $1 more for their beverages, the Trinidad and Tobago Newsday reported on January 4.
The price increase came into effective on Monday, January 3, and will apply to bottled and canned products of Carib, Carib Pilsner, Stag, Carib Blue, Royal Extra Stout, Coors, Heineken, Guinness, Smirnoff Ice and Blue Moon.
Caribe, Hurricane Reef and Mackeson prices remain the same and the cost of non-alcoholic beverages such as Shandy, Ginseng, Malta and Smalta also remains unchanged.
Speaking with Newsday, Ansa McAl’s chief of legal and head of external affairs Frances Bain-Cumberbatch said the company has tried to hold its prices for a long time, but external factors had forced changes in the pricing structure.
She said, “The price increase was not something that was done readily. We held back. Many other companies, particularly in the beverage industry, would have increased their prices a long time ago.
“We held back in many ways because we knew and understood it was a difficult time for everyone. So Carib has done that.
"There may be adjustments in the other companies under the purview of Ansa McAl, but I am unable to say which ones at this time. I know it would be
...More info on site
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UK: New spring malting barley variety Tungsten showing good northern yields and early maturity
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New spring malting barley variety Tungsten could be a useful partner in the North for market leader Laureate due to its good northern yields and early maturity, The Farmers Weekly reported on January 4.
The variety is yet to be fully approved by the maltsters as a dual-purpose variety for brewing and distilling, but feedback has been positive and there is enough seed available this spring to take 3-4% of the spring barley market.
Tungsten comes from the same Syngenta breeding stable as Laureate, and Kathryn Hamlen, the group’s technical manager for malting barley, sees it being attractive to spring barley growers in Scotland and northern England.
“The variety has shown an incredibly good yield in the North and has early maturity,” she tells Farmers Weekly.
The variety made it onto the AHDB Recommended List two years ago in December 2019 and shows the highest equal fungicide-treated yield in the North at 104%, alongside fellow new malting varieties Jensen and Firefoxx and feed variety Fairway.
The spring malting barley market is currently dominated by dual-purpose varieties Laureate and Diablo, and brewing-only variety Planet.
Although Tungsten’s maturity is the same as Laureate at one day later than control variety Planet on the AHDB list, Mrs Hamlen says
...More info on site
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