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E-Malt.com Newsletter 06b
February 10 - February 13, 2022
Quote of the Week
One mouth doesn't taste the beer.
Bantu proverb
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Currency Rates
Base Currency: US Dollar
on February 11, 2022 |
Base Currency: Canadian Dollar
on February 11, 2022 |
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1 USD = 0.8745 EUR
1 USD = 0.7373 GBP
1 USD = 1.2682 CAD
1 USD = 1.3917 AUD
1 USD = 115.8000 JPY
1 USD = 5.2296 BRL
1 USD = 74.7544 RUB
1 USD = 6.3540 CNY
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1 CAD = 0.7884 USD
1 CAD = 0.5813 GBP
1 CAD = 0.6894 EUR
1 CAD = 1.0971 AUD
1 CAD = 91.2900 JPY
1 CAD = 4.1228 BRL
1 CAD = 58.9341 RUB
1 CAD = 5.0093 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Treasury Department outlines reforms that could boost competition on alcohol market
...Click here
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USA: AMBA publishes list of recommended malting barley varieties for the upcoming crop year
...Click here
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USA, CA: BrewBilt Brewing Company commences construction of new commercial brewery space in Grass Valley
...Click here
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USA, CA: Seek Beer Company to launch its first location in San Diego
...Click here
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USA, VA: Bricktown Brewery coming to Danville on February 28
...Click here
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USA, MI: Upper Peninsula Brewing Company to celebrate its grand opening on February 12
...Click here
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World: New report by Worldwide Brewing Alliance shows how significant beer sector is to global economic recovery
...Click here
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World: Beer price hikes expected due to most expensive aluminium costs in 13 years
...Click here
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Germany: Brewer Krombacher Group reports 2021 results
...Click here
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UK: Pub beer sales down 38% despite loosening of Covid restrictions
...Click here
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World: Barley supplies look well after bumper crops in Argentina and Australia
...Click here
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Azerbaijan: Carlsberg Azerbaijan pays more taxes despite sales volume drop in 2021
...Click here
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World: European barley prices down due to low demand
...Click here
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France: Farm ministry increases estimate of winter barley area
...Click here
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Australia: Estimates confirm record barley crop of up to 14.2 mln tonnes
...Click here
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Ukraine: Beer output down, malt production increases in January 2022
...Click here
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The Czech Republic: Czech brewer Budvar sees record output for the second straight pandemic year
...Click here
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Graph of the Week
Table of the Week
World Hop Alpha Supply and Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 February
1635 - Academie Francaise forms in Paris (by Cardinal Richelieu)
1933 - Delivery of 1st singing telegram
1961 - Niagara Falls hydroelectric project begins producing power
11 February
1809 - Robert Fulton patents steamboat
1826 - London University founded
1987 - British Airways begins trading stocks
12 February
1809 - Charles Darwin, England, discovered evolution
1877 - 1st news dispatch by telephone, between Boston & Salem
1998 - Intel unveils its 1st graphics chip i740
13 February
1741 - Andrew Bedford publishes 1st American magazine (American Magazine)
1895 - Moving picture projector patented
1980 - Apollo Computer Inc incorporated
2004 - The Harvard-Smithsonian Center for Astrophysics announces the discovery of the universe's largest known diamond, white dwarf star BPM 37093
Agenda
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
20 - 23: Beer & Food Attraction 2022 (Rimini Expo Centre, Rimini, Italy)
22 - 24: 2nd International VLB Craft Brewing Conference (Online)
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:
23 - 24: Zythos Beer Festival 2022 (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)
30 - 01 June: Brasil Brau 2022 (Sao Paulo, Brazil)
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:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
21 - 22: Beverage Industry. Beer and Soft Drinks Industry - 2022 (Expocenter of Ukraine, Kyiv, Ukraine)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
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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USA: Treasury Department outlines reforms that could boost competition on alcohol market
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The U.S. Treasury Department on February 9 flagged concerns about consolidation in the $250 billion annual U.S. alcohol market and outlined reforms it said could boost competition and save consumers hundreds of millions of dollars each year, Reuters reported.
New merger and acquisition scrutiny, different tax rates and lifting regulatory burdens to new entrants in the wine, beer and spirits market would make the market fairer for new brewers and cheaper for consumers, Treasury said in a 63-page paper.
The long-awaited report is part of a July executive order on competitiveness. Its focus on the beer industry, in particular, marks the latest push by the Biden administration to fight what it calls excess consolidation in industries from meatpacking to shipping.
Treasury, responding to over 800 public comments on the issue, suggested stiffer Department of Justice and Federal Trade Commission oversight, tougher enforcement of existing rules and development of new ones in the report, which was first reported by Reuters.
"American consumers, small business owners, entrepreneurs, and workers should not have to suffer under the thumb of a highly concentrated beer industry," said Assistant Attorney General Jonathan Kanter. "Enforcement and regulatory authorities should have the courage to learn and the fortitude necessary to enforce the
...More info on site
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USA: AMBA publishes list of recommended malting barley varieties for the upcoming crop year
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The American Malting Barley Association (AMBA) Board of Directors annually develops a list of recommended malting barley varieties for U.S. growers for the upcoming crop year. AMBA is a nonprofit trade association of 60+ malting, brewing, distilling and food companies that are end-users of U.S. malting barley.
The AMBA Recommended List is intended to provide U.S. growers with guidance as to what varieties the industry may be contracting or purchasing in the coming year. It is not intended as a list of approved or certified malting varieties for the use by brewers, distillers, food companies or maltsters. There may be many suitable malting barley varieties grown domestically or internationally that are not on the list yet have quality characteristics desired by the industry. Some varieties will be used in large quantities and many others are only utilized in niche markets, so producers are encouraged to contact their local elevator, grain handler or processor to gauge market demand for any variety grown in their region prior to seeding.
Changes from the previous year include dropping Conlon and the addition of ABI Cardinal and Regina. ABI Cardinal, bred by Anheuser-Busch at Global Barley Research in Fort Collins, Colo., delivers competitive yield with an earlier
...More info on site
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USA, CA: BrewBilt Brewing Company commences construction of new commercial brewery space in Grass Valley
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BrewBilt Brewing Company announced on February 9 that it has commenced construction of its new commercial brewery space in Grass Valley, California, the Globe Newswire reported.
CEO Jef Lewis stated, "The Company has assigned the construction project to Bozarth Construction which will begin work immediately. The approximately 7,000-square foot building will allow BrewBilt to launch craft beer sales throughout California and beyond.”
Mr. Lewis further stated, "The plans for our Phase I brewery include a 20-bbl brewhouse capable of producing at least 4,000 bbls annually with a revenue potential of $3.5 million.”
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USA, CA: Seek Beer Company to launch its first location in San Diego
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Seek Beer Company launches its first location in North Park, San Diego, Brewbound reported on February 9.
With ties to Knoxville, Tennessee, and Houston, Texas, owners Dave and Niki Ohmer move west to join San Diego’s craft beer scene. Seek Beer Co. invites guests to check out their new production space and taproom centrally located in the lively North Park community. Offerings will include a wide range of Lagers, IPAs, and other fun and modern brews. Dave and Niki Ohmer are thrilled to join the San Diego brewing community.
Seek Beer Company will host a wide variety of local food vendors and food trucks weekly. Additionally, Seek invites the community to join its weekly run club. Regularly scheduled taproom events will include bingo, weekly beer releases, and local charity benefit nights. Patrons can enjoy all seasons on the brewery’s large patio or inside its inviting taproom. Seek Beer Co. is a dog and family-friendly establishment. Locals and visitors can Seek fun experiences at North Park’s newest brewery.
Dave and Niki Ohmer, the founders of Seek Beer Company, fell in love with San Diego after visiting regularly. It wasn’t long before they realized life’s too short not to Seek your dreams. The Ohmers
...More info on site
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USA, VA: Bricktown Brewery coming to Danville on February 28
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A new brewery is coming to Danville - Bricktown Brewery will open on February 28, WSET reported on February 9.
The new Danville business is located near Chick-fil-A on Riverside Drive. Texas Steak and Ale House occupied this space but closed last year.
Bricktown currently operates nearly 20 other locations across the Midwest.
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USA, MI: Upper Peninsula Brewing Company to celebrate its grand opening on February 12
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Negaunee’s first craft brewery, Upper Peninsula Brewing Company (UPBC), celebrates its grand opening Saturday, Feb. 12, WLUC reported.
“After years of planning and COVID-19 related setbacks, the team embarks on its mission of filling a much-needed niche for craft beer and community gathering space in the West End,” UPBC said in a press release.
The brewery, located at 342 Rail St, boasts a wide selection of products served in an industrial-chic 10,000 square foot historic space that over the years has been a meat processing facility and furniture store. Building development and brand concept is nothing new to proprietors and owners, Jim and Ann Kantola whose previous developments include Jackson’s Pit, Negaunee City Center and The Depot. Brewers Erica Tieppo and Mason Mathis bring a selection of 12 unique beers ranging from classic craft to emerging and experimental styles.
Grand Opening weekend festivities kick off on Friday, February 11 after the Ribbon Cutting with live music by Chris Valenti at 7 p.m. The celebration continues through Saturday, February 12 with the facility opening early at 12 p.m. to participate in a poker run for Suicide Prevention, followed by live music by local country act Stetson at 7 p.m. and pizza delivery by Pasquali’s
...More info on site
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World: New report by Worldwide Brewing Alliance shows how significant beer sector is to global economic recovery
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The Worldwide Brewing Alliance (WBA) has launched a report that highlights how “significant” the beer sector is to global economic recovery.
The findings, which have
...More info on site
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World: Beer price hikes expected due to most expensive aluminium costs in 13 years
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Grabbing a cold one will require some extra coins as beer price hikes are coming, thanks partly to the most expensive aluminium costs in
...More info on site
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Germany: Brewer Krombacher Group reports 2021 results
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The second year in the Corona pandemic has left its mark on the entire beverage industry in Germany. Caution and distance continued to be
...More info on site
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UK: Pub beer sales down 38% despite loosening of Covid restrictions
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Around 1.4 billion fewer pints were sold in British pubs and other venues in 2021 compared to pre-pandemic levels in 2019, with the on-trade
...More info on site
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World: Barley supplies look well after bumper crops in Argentina and Australia
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World barley supplies look well after bumper crops of Argentina and Australia, H. M. Gauger GmbH said in their February report.
The demand of
...More info on site
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Azerbaijan: Carlsberg Azerbaijan pays more taxes despite sales volume drop in 2021
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Despite a decrease in the volume of sales by 2.7% in 2021 versus 2020 due to the market volatility during the COVID-19 pandemic, Carlsberg
...More info on site
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World: European barley prices down due to low demand
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Wheat price weakness and barley appearing for sale without demand have led European barley prices down sharply, RMI Analytics said in their early February
...More info on site
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France: Farm ministry increases estimate of winter barley area
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France's farm ministry on February 10 lowered its estimate of the area sown with winter soft wheat for the 2022 harvest to 4.75 million hectares (mln ha) from 4.92 mln ha in its initial projection in December.
The ministry increased its estimate of the country's winter barley area to 1.25 mln ha from 1.23 mln ha previously and raised its winter rapeseed area estimate to 1.16 mln ha from 1.10 mln ha in December.
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Australia: Estimates confirm record barley crop of up to 14.2 mln tonnes
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State and private estimates confirm a record barley crop of 14.0-14.2 mln tonnes in Australia, H. M. Gauger GmbH reported earlier this month.
Western
...More info on site
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Ukraine: Beer output down, malt production increases in January 2022
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Ukraine’s beer output totalled 0.94 mln hl in January 2022, 3.7% less than in January last year, Ukrpivo reported.
The trade association’s statistics do not
...More info on site
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The Czech Republic: Czech brewer Budvar sees record output for the second straight pandemic year
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Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the “Budweiser” brand, has registered
...More info on site
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