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E-Malt.com Newsletter 15b
April 14 - April 17, 2022
Quote of the Week
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H. G. Wells
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Currency Rates
Base Currency: US Dollar
on April 15, 2022 |
Base Currency: Canadian Dollar
on April 15, 2022 |
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1 USD = 0.9204 EUR
1 USD = 0.7631 GBP
1 USD = 1.2575 CAD
1 USD = 1.3446 AUD
1 USD = 125.5940 JPY
1 USD = 4.6977 BRL
1 USD = 81.2880 RUB
1 USD = 6.3717 CNY
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1 CAD = 0.7950 USD
1 CAD = 0.6067 GBP
1 CAD = 0.7317 EUR
1 CAD = 1.0690 AUD
1 CAD = 99.8480 JPY
1 CAD = 3.7347 BRL
1 CAD = 65.5418 RUB
1 CAD = 5.0656 CNY
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Currency Rates Chart
Equities of the Largest Breweries
North America: Barley crops expected to increase this year
...Click here
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USA, WI: Malteurop Malting Company opens new bagging facility
...Click here
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USA, CA: Benny Boy Brewing launches in Los Angeles’ Lincoln Heights neighborhood
...Click here
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USA, AZ: The Hundred Mile Brewing Co. set to open this summer in Tempe
...Click here
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USA, OH: Ohio Brewing Co. to open its long-awaited Columbus location
...Click here
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USA, PA: Golden Age Beer Co. finally fully open in Homestead
...Click here
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USA, TX: Bearded Fox Brewing Co. closes after fiver years in business
...Click here
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EU: Barley exports in July-March 2021/22 slightly higher than last season
...Click here
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World: Comfortable barley supply base unlikely to be built during 2022 - analysts
...Click here
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Malaysia: Carlsberg Brewery Malaysia says outlook for recovery in 2022 is encouraging
...Click here
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Sri Lanka: Carlsberg’s Sri Lanka business doing well so far
...Click here
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Graph of the Week
Table of the Week
USA Hop Exports (Including Extracts)
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
14 April
1863 - William Bullock patents continuous-roll printing press
1900 - President Loubet opens International Fairs in Paris
1987 - Turkey asks to join European market
15 April
1892 - General Electric Company, forms and is incorporated in New York
1952 - Franklin National Bank issues 1st bank credit card
1973 - Walt Disney Store opens
16 April
1948 - Organization for European Economic Cooperation (EEC) forms in Paris
1986 - IBM produces 1st megabit-chip
17 April
1704 - 1st successful U.S. newspaper published in Boston by John Campbell
1933 - Pres. Franklin D. Roosevelt announces that he will issue an executive order embargoing exports of gold and free the exchange rate of the U.S. dollar to float against foreign currencies
1964 - Ford Mustang is introduced to the North American market
1989 - An all-financial-news TV service premieres, as CNBC airs its first market broadcast
Agenda
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)
25 - 29: Latvia Beer Fest 2022 (Riga, Latvia)
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: Bevexpo 2022 (Manchester, UK)
07 - 08: IGC Grains Conference 2022 (London, 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)
17 - 03 October: Oktoberfest 2022 (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)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)
News Articles
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North America: Barley crops expected to increase this year
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A rebound in North American barley production is estimated for 2022: Canada’s crop is forecast to total 9.7 mln tonnes versus 6.9 mln in
...More info on site
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USA, WI: Malteurop Malting Company opens new bagging facility
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MMC, one of the leading suppliers of North American grown and malted products and imported malts to North American craft brewers and distillers, is pleased to announce the opening of a state-of-the-art bagging facility. This new bagging facility improves upon the company’s logistics capabilities to better serve our craft brewing and distilling customers, Brewbound reported on April 13.
MMC’s new bagging facility improves upon our industry leading customer service with a bag filling and packaging line with automatic bag stacking and pallet wrapping, a building that includes storage, and malt conveying from the elevator.
This new automated facility enhances malt quality by reducing dust, husk, and breakage with a capacity of 10 to 130 tons per shift. With ready pallets and fast truck loading from the loading dock, craft brewers and distillers receive improved malt quality with better logistics capabilities.
Headquartered in Milwaukee, Wisconsin – also known as Brew City USA – MMC has malthouses in Great Falls, Montana, and Winona, Minnesota, in the United States, as well as in Winnipeg, Manitoba in Canada. A fourth North American malthouse in Meoqui, Chihuahua in Mexico is currently in development. MMC also has numerous transload facilities across North America, making bulk delivery of malts especially
...More info on site
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USA, CA: Benny Boy Brewing launches in Los Angeles’ Lincoln Heights neighborhood
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Benny Boy Brewing, the first combined brewery and cidery in Los Angeles, has newly opened in the city’s Lincoln Heights neighborhood, minutes from downtown. Anchored by a spacious outdoor beer and cider garden, Benny Boy Brewing transports guests to the great urban outdoors for a fresh, open-air craft beverage experience, Brewbound reported on April 14.
Husband-wife duo Ben Farber and Chelsey Rosetter spent more than five years researching centuries-old brewing and fermentation techniques throughout Europe in preparation for the launch of Benny Boy Brewing, along with Farber’s 12+ years honing his craft as a brewer.
By tapping into Old World methods, adapted for modern-day equipment, Benny Boy Brewing produces clean, dry ciders and classic, European-inspired beers with a California twist. In place of additives, Benny Boy Brewing only brews with unprocessed whole flower hops and uses time and gravity to clear its beers for a pure, naturally carbonated product.
“We’ve always dreamed of opening our own brewery where we produce both beer and cider through methods that respect quality over production speed. Our approach to brewing and cidermaking is to let nature do the work without filtering or forced carbonation,” said Ben Farber, co-founder, Benny Boy Brewing. “We’re also serving beer straight from
...More info on site
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USA, AZ: The Hundred Mile Brewing Co. set to open this summer in Tempe
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A new brewing company is set to open this summer north of Tempe Town Lake, KTAR News reported on April 14.
The Hundred Mile Brewing Co. will open on Scottsdale Road, south of the Loop 202 Red Mountain Freeway after renovations have been underway to offer a local and comfortable vibe, according to the website.
The brewery will feature an open kitchen with a rotating beer menu that reflects the trends and innovations within the industry, the company said in a press release.
Founder Sue Rigler said in the release that everything from floors to the water filtration systems are being customized to guarantee the best possible products and customer experience available.
“We made the decision to take our new space down to the studs so that we had a blank slate to bring our vision forward,” Rigler said.
A head brewer, Valerie Adee, was recently hired to help guide HMBC through the launch and to assist with future growth.
“I’m excited to join the passionate team at Hundred Mile Brewing and be a part of the brewery from its early inception,” Adee said in the release.
“They have an impressive and diverse vision for their portfolio, and an amazing team of intelligent and collaborative people
...More info on site
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USA, OH: Ohio Brewing Co. to open its long-awaited Columbus location
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Ohio Brewing Co. will open its long-awaited Columbus location soon, 614NOW reported on April 14.
The brewery, which has operated since 1997 at its only other location in Cuyahoga Falls, has been preparing to bring a massive brewery and taproom to Columbus since 2018, and after several years, it’s nearly ready to open.
Ohio Bewing’s Columbus space is located at 421 E. Second Ave. in Milo-Grogan.
The 40,000 square foot space, which will offer food and brew beers in-house, is almost here, according to the brewery. While Ohio Brewing hasn’t offered an opening date just yet, they announced that the official grand opening will be coming soon.
The taproom features many Ohio-themed decorations as well, including state pennants and nearly full-scale replica aircraft hanging from the ceiling, a nod to the state’s rich history with aviation.
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USA, PA: Golden Age Beer Co. finally fully open in Homestead
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Golden Age Beer Co., like the lagers it loves, is taking some time to be completely ready, the Pittsburgh Post-Gazette reported on April 15.
The brewery, reborn during the pandemic, opened partially back in November, if only tentatively and mostly in the outdoor courtyard. It briefly (2018-19) had been Enix Brewing in the former Levine Bros. Hardware on Homestead’s main drag.
From the start, the new owners — the same guys who run Independent Brewing Co. and Hidden Harbor in Squirrel Hill and Lorelei in East Liberty — pledged that they would be pouring a lot of lagers, or the type of old-school beer beer that tends to mature slowly and at cold temperatures. Never mind that their first beer release was a pale ale. That was just quicker to make and more popular with a lot of people, at least for now.
The brewery’s grand opening this weekend completely lines up with lager having a sustained moment, including in the Pittsburgh area. Breweries here aren’t just making and selling lagers, they’re also celebrating them, as Old Thunder Brewing Co. in Blawnox did back in February with its “A Celebration of Pennsylvania Lager.” Golden Age was there.
On April 30, the North Side’s
...More info on site
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USA, TX: Bearded Fox Brewing Co. closes after fiver years in business
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Bearded Fox Brewing Co., located at 11729 Spring Cypress Road, Ste. R, Tomball, closed April 10 after being open for five years, the Community Impact reported on April 13.
It started as Tomball’s first craft brewery and was later converted into a brewpub.
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EU: Barley exports in July-March 2021/22 slightly higher than last season
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EU barley exports from July 2021 till 27 March 2022 are reported at 6.141 mln tonnes versus 6.005 mln last year, H. M. Gauger
...More info on site
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World: Comfortable barley supply base unlikely to be built during 2022 - analysts
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As the market continues to absorb the news from Ukraine, the degree of uncertainty on the global barley markets remains elevated, RMI Analytics said
...More info on site
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Malaysia: Carlsberg Brewery Malaysia says outlook for recovery in 2022 is encouraging
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Carlsberg Brewery Malaysia Bhd says the outlook for business recovery in 2022 is encouraging as Malaysia begins transitioning to the endemic phase of Covid-19 and reopens international borders to travel and tourism, according to managing director Stefano Clini, The Sun Daily reported on April 15.
The two developments send very encouraging signals for the outlook of business recovery in the country, he said at a press briefing after Carlsberg’s AGM on April 14.
However, Clini expects 2022 to be another challenging year with the emergence of a new variant of the Covid-19 virus and escalating commodity prices exacerbated by the Ukraine-Russia crisis, which create costs pressure and uncertainties.
Clini disclosed that the group’s sales have not yet returned to pre-pandemic levels as the continued closure of entertainment outlets limits the recovery in the on-trade channel.
In spite of that, he is confident that the brewer will be able to “navigate the uncharted waters” and deliver growth this year through innovation and premiumisation of its products.
“This year, we will continue investing in our flagship brand Carlsberg while intensifying the premiumisation in 1664 Blanc, Somersby Cider, Connors’ Stout Porter and Asahi Super Dry. Importantly, this year will mark our entry in the alcohol-free brew segment in
...More info on site
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Sri Lanka: Carlsberg’s Sri Lanka business doing well so far
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Carlsberg Brewery Malaysia Bhd said its business in Sri Lanka has been doing well so far and that the group will continue to closely monitor the situation in the country, which is in the midst of an economic crisis, the Edge Markets reported on April 14.
Managing director (MD) Stefano Clini said the brewery group holds a 25% stake in Sri Lanka's Lion Brewery (Ceylon) Plc, and that operations there have been smooth up to this month, while "volume has been increasing even".
"But of course, there's always a risk but so far they have managed to keep the operation running every day and every night.
"For the time being, this (Sri Lanka's situation) is not going to decrease our belief in the level of investments in the country for the long term," he told reporters during a media briefing after the group's 52nd annual general meeting on April 14.
On Tuesday, Sri Lanka announced that it would temporarily default on its foreign debts as it faced its worst economic crisis in more than 70 years, while mass protests had broken out over major power cuts and the soaring costs of food and fuel, which have prompted government officials to urge Sri Lankans working
...More info on site
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