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E-Malt.com Newsletter 18b
May 05 - May 08, 2022
Quote of the Week
Fun is like fine beer: it is rarely enjoyable alone.
African proverb
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Currency Rates
Base Currency: US Dollar
on May 06, 2022 |
Base Currency: Canadian Dollar
on May 06, 2022 |
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1 USD = 0.9460 EUR
1 USD = 0.8024 GBP
1 USD = 1.2782 CAD
1 USD = 1.3934 AUD
1 USD = 129.8030 JPY
1 USD = 4.9679 BRL
1 USD = 65.2643 RUB
1 USD = 6.6295 CNY
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1 CAD = 0.7822 USD
1 CAD = 0.6277 GBP
1 CAD = 0.7400 EUR
1 CAD = 1.0900 AUD
1 CAD = 101.5360 JPY
1 CAD = 3.8860 BRL
1 CAD = 51.0518 RUB
1 CAD = 5.1858 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Grain stocks all down on March 31, except for corn and soybeans - Statistics Canada
...Click here
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USA: Beer industry reverting to pre-pandemic trends - distributors
...Click here
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USA, NC: Bootleggers and Barrels already open in New Bern
...Click here
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Canada, NB: Pump House Brewery to expand to new location in Shediac
...Click here
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World: AB InBev reports higher than expected Q1 earnings as consumers buy more beer and accept higher prices
...Click here
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The Philippines: San Miguel Food and Beverage sees first-quarter consolidated income increase by 1%
...Click here
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The Netherlands: Beer consumption recovers to pre-pandemic levels in the first months of this year
...Click here
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Singapore: ThaiBev revives IPO plans for its regional beer business
...Click here
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World: World hopsn acreage, production expected to decrease this year
...Click here
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Graph of the Week
Table of the Week
China Hops Area and Production 2015-2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
05 May
1715 - French manufacturer debuts 1st folding umbrella (Paris)
1921 - Miniature newspaper published (Brighton Gazette 10 x 13 cm)
1949 - Council of Europe forms
06 May
1851 - San Francisco Chamber of Commerce starts
1889 - Universal Exposition opens in Paris, Eiffel Tower completed
1927 - Academy of Motion Picture Arts and Sciences forms
1997 - The Bank of England is given independence from political control, the most significant change in the bank's 300-year history
07 May
1664 - Louis XIV of France inaugurates the Palace of Versailles
1955 - West Europe Union established
1979 - 5th UNCTAD-conference opens in Manila
1982 - IBM releases PC-DOS version 1.1
1998 - Mercedes-Benz buys Chrysler for $40 billion USD and forms DaimlerChrysler in the largest industrial merger in history
08 May
1888 - George Eastman patents "Kodak box camera"
1899 - Friedrich August von Hayek is born in Vienna (Nobel Prize in economics in 1974)
1929 - John Clifton Bogle, future founder of the Vanguard Group of Investment Cos., is born in Montclair, N.J.
Agenda
May 2022:
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: 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)
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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Canada: Grain stocks all down on March 31, except for corn and soybeans - Statistics Canada
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Stocks of wheat, canola, barley, dry peas, oats and lentils were all down on March 31, 2022 compared with the same day a year earlier, a result largely attributable to lower opening supply. Conversely, stocks of corn for grain and soybeans rose, Statistics Canada reported.
Lower total supplies for most crops were the result of lower production in 2021. This contributed to a decrease in exports for most crops, despite strong global demand. Both domestic and international grain markets continue to face uncertainty because of the ongoing COVID-19 pandemic and international tensions.
Stocks of total wheat fell 38.7% year over year to 10.1 million tonnes as of March 31. On-farm stocks decreased 52.8% to 6.0 million tonnes, while commercial stocks rose 9.2% to 4.1 million tonnes. Stocks of wheat excluding durum were down 36.5% to 8.6 million tonnes, while durum wheat stocks fell 49.1% to 1.5 million tonnes.
As of March 31, deliveries of wheat at the national level fell 28.8% to 16.2 million tonnes. Exports of wheat fell 44.0% to 10.0 million tonnes, 7.9 million tonnes lower compared with the same date in 2021.
Domestic use of wheat increased 14.9%, largely on higher demand for animal feed, which rose 24.7% to 4.9 million
...More info on site
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USA: Beer industry reverting to pre-pandemic trends - distributors
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For the fourth month in a row in 2022, distributors report that the beer industry is reverting to pre-pandemic trends. The April 2022 Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA)shows a “total beer” reading of 55 and an “at-risk” inventory reading of 47. This combination of readings is an improvement over the first three months (Q1) with “at-risk” inventories falling below 50 as the industry heads into the second quarter.
The dramatic drop in the FMB/seltzer category continues, falling to 40 in April 2022 from 90 in April 2021. Imports and premium lights both reported expansionary readings for the month. The craft beer index also took a hit this month.
The BPI is the only forward-looking indicator for distributors to measure expected beer demand. The index surveys beer distributors’ purchases across different segments and compares them to previous years. A reading greater than 50 indicates the segment is expanding, while a reading below 50 indicates the segment is contracting.
Looking across the segments for April:
The index for imports continues to remain in expansion territory with a reading of 70 in April 2022, only slightly below the April 2021 reading of 74.
The craft index at 48 is significantly below last
...More info on site
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USA, NC: Bootleggers and Barrels already open in New Bern
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New Bern businessman Dale Overbee has not slowed down since he began fulfilling his dream of bringing nightlife to the area, the Sun Journal reported on May 5.
Already the owner of several local businesses, Overbee opened his latest venture, Bootleggers and Barrels on May 4.
The bar, brewery and distillery is at 417 B S. Front St. in downtown New Bern beside Blackbeard's Triple Play Restaurant & Bar and Pirate's Cove Triple Play Seafood & Oyster Bar, both of which are also owned by Overbee.
Overbee said Bootleggers & Barrels will not only offer patrons a full-service bar with 44 tap beers, other popular domestics and a wide variety of liquors and wines, he will also serve his own brand of vodka, a special brewed craft beer and Overbee's Shine, a moonshine that will be made in-house with his hybrid reflux still.
Manager Ashley Sandklev said there are three parts to the business.
"The brewing part is called Triple Play Brewing," she said. "It's an ode to Dale's first business, Triple Play Restaurant & Bar that was in James City." This is in addition to the bar and the distillery, coined as Overbee's Stillrey.
Sandklev said they will also offer alcohol-infused coffees and
...More info on site
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Canada, NB: Pump House Brewery to expand to new location in Shediac
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Pump House Brewery has announced that it will soon be expanding to a new location in Shediac, the Canadian Beer News reported on May 6.
As reported by Huddle Today, Pump House owners Brad Devarennes, Kolin Barley, and Brian Harriman have taken over the former Bayou Pub and Eatery at 607 Main St., and the 3000-square-foot space is currently being prepared to reopen as a Pump House brewery and pub.
“We anticipate it will open in June and it will be a year-round brewery in Shediac,” said Harriman in an interview. “It’s a growing community and there aren’t any craft breweries in Shediac at the moment – we saw a need out there. The locals are excited to see Pump House become a part of the community.”
Once it opens, the Shediac brewpub will be the third location for Pump House, joining the original brewpub in downtown Moncton, and the production brewery and Fill Station taproom on the city’s outskirts.
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World: AB InBev reports higher than expected Q1 earnings as consumers buy more beer and accept higher prices
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Anheuser-Busch InBev reported higher than expected earnings in the first quarter on May 5, as consumers bought more of its beer and accepted higher
...More info on site
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Brazil: Ambev’s first-quarter net income up 29.1%
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Brazilian brewer Ambev SA’s first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South American units,
...More info on site
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The Philippines: San Miguel Food and Beverage sees first-quarter consolidated income increase by 1%
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San Miguel Food and Beverage, Inc. (SMFB) announced on May 4 that its first-quarter consolidated income increased by 1% to P12.7 billion, propelled by
...More info on site
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The Netherlands: Beer consumption recovers to pre-pandemic levels in the first months of this year
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Netherlands residents' beer consumption recovered to pre-pandemic levels in the first months of this year, according to the industry association Nederlandse Brouwers. The beer-drinking
...More info on site
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Singapore: ThaiBev revives IPO plans for its regional beer business
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Singapore-listed Thai Beverage is looking to raise as much as $1 billion through the revived Singapore initial public offering (IPO) of its regional beer
...More info on site
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World: World hopsn acreage, production expected to decrease this year
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In a video conference of the International Hop Growers’ Convention (IHGC) last week, first estimates for hop acreage development in 2022 were made. According
...More info on site
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Ukraine: Farmers sown 854,000 ha of barley so far
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Ukrainian farmers have sown 6.1 million hectares of spring grains and oilseeds as of May 5, with corn and sunflower dominating the area, Ukrainian grain traders union UGA said on May 6.
UGA said in a report the sown area included 1.98 million hectares of corn, 2.4 million hectares of sunflower, 854,000 hectares of barley, 336,000 hectares of soy beans and 186,000 hectares of spring wheat.
The union has said Ukraine planned to sow 11.45 million hectares of spring grains this year, 3.5 to 4 million hectares less than in 2021 due to the Russian invasion, the "occupation of territories" and landmines.
It also said the area under spring wheat could total 190,000 hectares, 900,000 hectares of spring barley and 3.9 million hectares of corn.
Ukraine's agriculture ministry gave no 2022 grain crop outlook. It has said the sowing area could fall 20% this year due to fighting with Russian troops in many regions.
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