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E-Malt.com Newsletter 28b
July 14 - July 17, 2022
Quote of the Week
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Beverly Sills
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Currency Rates
Base Currency: US Dollar
on July 15, 2022 |
Base Currency: Canadian Dollar
on July 15, 2022 |
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1 USD = 0.9982 EUR
1 USD = 0.8449 GBP
1 USD = 1.3077 CAD
1 USD = 1.4829 AUD
1 USD = 138.7240 JPY
1 USD = 5.4136 BRL
1 USD = 58.2869 RUB
1 USD = 6.7443 CNY
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1 CAD = 0.7646 USD
1 CAD = 0.6460 GBP
1 CAD = 0.7632 EUR
1 CAD = 1.1338 AUD
1 CAD = 106.0680 JPY
1 CAD = 4.1392 BRL
1 CAD = 44.5659 RUB
1 CAD = 5.1566 CNY
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Currency Rates Chart
Equities of the Largest Breweries
North America: Canada and US to live with their 2021 barley crop failures long into next crop year - analysts
...Click here
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Canada, NL: Banished Brewing begins making its mark in Paradise
...Click here
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USA, OH: Great Black Swamp Brewing Company facility opens in Toledo
...Click here
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USA, IN: Barley Island Brewing to close for good on July 23
...Click here
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USA, WA: Recluse Brewing Company to open in Port of Camas-Washougal industrial park in 2023
...Click here
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United States, IA: Twisted Vine Brewery already open in Des Moines
...Click here
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EU: Malt exports slightly down in July-June 2021/22
...Click here
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World: Malting barley markets in disarray since Chinese ban on Australian barley
...Click here
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Cameroon: Diageo agrees to sell its Guinness Cameroon brewery to Castel Group
...Click here
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Ireland: Diageo to build new brewery near Newbridge
...Click here
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EU: Analysts cut all forecasts for this year’s grain crops in the EU
...Click here
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EU: EU barely crop forecast at 52.184 mln tonnes in 2022/23
...Click here
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United Kingdom: Good early yields of winter barley reported across southern England
...Click here
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Germany: Winter barley crop expected to fall 0.5% this year
...Click here
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China & Pakistan: Chinese beer gaining popularity in Pakistan
...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
14 July
1850 - 1st public demonstration of ice made by refrigeration
1853 - of the first major US world's fair, the Exhibition of the Industry of All Nations in New York City
1857 - Maytag invented the washing machine
1959 - 1st atomic powered cruiser, Long Beach, Quincy Massachusetts
1969 - The United States $500, $1,000, $5,000 and $10,000 bills are officially withdrawn from circulation
15 July
1783 - 1st steamboat, Pyroscaphe, 1st run in France
1869 - Margarine is patented in France by Hippolyte Mege Mouries of Paris
1954 - The first commercial jet transport airplane built in US is tested (Boeing 707)
2003 - AOL Time Warner disbands Netscape. The Mozilla Foundation is established on the same day
2006 - Twitter is launched, becoming one of the largest social media platforms in the world
16 July
1661 - 1st banknotes in Europe were issued by Bank of Stockholm
1935 - 1st automatic parking meter in US installed, Oklahoma City
17 July
1850 - Harvard Observatory takes 1st photograph of a star (Vega)
1899 - NEC Corporation is organized as the first Japanese joint venture with foreign capital
1931 - 1st air-conditioned ship (Mariposa) launched
1955 - Disneyland, Walt Disney's metropolis of nostalgia, fantasy, and futurism, opens
Agenda
July 2022:
27 - 29: Craft Beer China 2022 (Shanghai, China)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
14 - 16: Brewing Summit 2022 (Providence, Rhode Island, USA)
September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
17 - 03 October: Oktoberfest 2022 (Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
12 - 15: China Brew & China Beverage 2022 (Shanghai New International Expo Centre, China)
13 - 15: Warsaw Beer Festival 2022 (Warsaw, Poland)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
06 - 07: 3rd VLB International Brewing Web Conference (VLB Virtual Campus)
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: Canada and US to live with their 2021 barley crop failures long into next crop year - analysts
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Both Canada and the U.S. will have to live with their 2021 crop failures long into the next crop year, H. M. Gauger GmbH
...More info on site
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Canada, NL: Banished Brewing begins making its mark in Paradise
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Craft beer has been on the rise for quite some time and, in an exploding market, a new Paradise-based brewery has begun making its mark, the Saltwire reported on July 12.
Banished Brewing aims to create a remarkable beer surrounded by even better art for everyone in the community.
Keeping originality in mind, Tom Williamson, the head of financing for Banished, says diving into the industry was a no-brainer.
“Although the market is exploding with craft beer, I wouldn’t say supply has outstripped demand,” said Williamson.
“If you look at NLC sales figures, you can see major growth in the craft segment. I mean, overall, the market will eventually saturate a little bit but I think we are very far away from that.”
Banished has been in business for roughly a month now, and because preparation for this project began three years ago, general reception has exceeded expectations.
“Even though we began brewing in early May, we have been working on this business for a long time,” said Williamson.
“We now have six different brews on the market - we had two right off the bat that sold out. The most critical decision we made was to work with artist Paul Hammond, and we let him just
...More info on site
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USA, OH: Great Black Swamp Brewing Company facility opens in Toledo
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The newest Great Black Swamp Brewing Company facility has opened in Toledo, 12abc.com reported on July 13.
The facility is located at 2250 Tedrow Road near the corner of Byrne and Heatherdowns. The Company says it includes a brewery and a full-service tavern with 25 taps of house-made beer, wine and seltzers and is also hosting food trucks throughout the week and weekend.
“Our goal is to provide a fun, warm, and welcoming atmosphere for all near and far,” said owners Kyle King, Andy Parish and Dr. Bob Morris. “We strive to bring a new flavor to the neighborhood as well as bring a lot of our beloved beers that have made us who we are.”
The company says the 4,000-square-foot tavern and outside beer garden area provides plenty of space to bring in a crowd as well as cozy up in the brewery’s special lounge area with a cold pint and create memorable experiences.
The company will host many events and theme nights and encourages the public to stop in and say hello to Kyle, Andy or Dr. Bob. You can also ask them for a tour while they are there.
“We are ecstatic to be a part of the amazing comradery of the
...More info on site
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USA, IN: Barley Island Brewing to close for good on July 23
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When the regulars at Barley Island Brewing call themselves a family, they mean it, the Indianapolis Star reported on July 13.
Many customers had their first drink or first date there years ago and are still coming in. Several met their future husbands and wives at the bar. They’ve attended each others’ weddings and funerals, held fundraisers when someone was sick and birthday parties when they were well.
“You can have a random conversation with a stranger and they become a regular, and then your best friend,” said Amy Gustafson, 38, who has been going to the bar for 17 years.
After 23 years near the Courthouse Square the family members are feeling a bit estranged. Barley Island owner Jeff Eaton announced he was closing the craft brew pub July 23. He said he couldn’t reach leasing terms to stay with the new owners of the building.
The closing is the latest in a surge of recent changes for some established businesses on the square as Noblesville races to redevelop downtown and entice new restaurants and shops to move in.
Kirk’s Hardware, a mainstay since the early 1950s, closed at the end of March. Owners Bill and Carrie Prater said they couldn’t find a buyer
...More info on site
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USA, WA: Recluse Brewing Company to open in Port of Camas-Washougal industrial park in 2023
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The Port of Camas-Washougal is ready to welcome a brand-new brewery to its brand-new industrial building in 2023, the Camas-Washougal Post-Record reported on July 14.
During their July 6 meeting, Port commissioners approved an agreement that will allow Recluse Brewing Company to lease two 3,330-square-foot bays inside Building 20, a 50,000-square-foot building set to open in the Port’s industrial park in 2023.
“I’m glad we’re getting another brewery down there,” Port Commissioner Larry Keister said. “The ‘pub hub’ is on its way. … It’s a nice neighborhood to be in.”
The lease allows Recluse Brewing to operate a production brewery and tasting room, which may also serve food. The company’s lease of the Port property will begin on April 1, 2023.
August Everson, a former employee of the Portland-based Widmer Brothers and Wayfinder Beer breweries, founded Recluse Brewing.
“He initially wanted to start sooner at another location. However, the draw of Building 20 and Steigerwald drove his decision to wait until construction was complete,” David Ripp, the Port’s chief executive officer, said of Everson.
Recluse will join the 54-40 Brewing Company at the Washougal industrial park, located close to the Steigerwald Lake National Wildlife Refuge. 54-40 opened a brewery and restaurant in the industrial park in
...More info on site
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United States, IA: Twisted Vine Brewery already open in Des Moines
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Des Moines gained another craft brewery last month with the opening of Twisted Vine Brewery in the East Village, the Des Moines Register reported on July 13.
Touting a massive beer garden, Twisted Vine moved from its original location at 3320 Westown Parkway, West Des Moines, into a 7,500-square-foot space at 112 S.E. Fourth St. that was previously home to The Garden nightclub.
Dalene DeGeest, one of the seven partners managing Twisted Vine, said there will be a grand opening in August as brewers continue to ramp up production in the new space.
“We had to get everything set up before we could brew and that's been the most challenging," DeGeest said. "You open your doors and people want Twisted Vines beers but we need a couple of weeks to brew them."
The new brewery features a 30-foot bar with 24 taps but there are currently only around 10 Twisted Vine beers available, including easy-drinking First Run Blonde Ale and smooth Triclops Tripel.
A second bar with 19 taps opens via garage doors to a sprawling, dog- and kid-friendly patio with views of the State Capitol and Principal Park. In August the brewery also plans to begin serving snacks and appetizers such as soft pretzels
...More info on site
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EU: Malt exports slightly down in July-June 2021/22
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EU malt exports were 2.93 mln tonnes in July 2021 - June 26, 2022 vs. 3.15 mln tonnes (in grain equivalent) a year ago,
...More info on site
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World: Malting barley markets in disarray since Chinese ban on Australian barley
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Malting barley markets are in disarray since the Chinese ban on Australian barley. Poor crops in North America added to the tightness of supplies,
...More info on site
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Cameroon: Diageo agrees to sell its Guinness Cameroon brewery to Castel Group
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Beverage company Diageo has agreed to sell its Guinness Cameroon brewery to France's Castel Group for 389 million pounds ($459.8 million), the company said
...More info on site
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Ireland: Diageo to build new brewery near Newbridge
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Drinks company Diageo, which owns Guinness, is to build a new €200m brewery near Newbridge in Co Kildare, RTE reported on July 15.
The carbon
...More info on site
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EU: Analysts cut all forecasts for this year’s grain crops in the EU
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Consultancy Strategie Grains on July 14 cut all its forecasts for this year's grain crops in the European Union, as it fine-tuned wheat and
...More info on site
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EU: EU barely crop forecast at 52.184 mln tonnes in 2022/23
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The EU Commission’s end of June barley supply and demand estimate forecasts the EU-27 barley crop in 2022/23 at 52.184 mln tonnes versus 51.973
...More info on site
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United Kingdom: Good early yields of winter barley reported across southern England
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Good early yields of winter barley are being reported across southern England, with generally good grain quality ahead of an intensifying heatwave sweeping the country, the Farmers’ Weekly reported on July 12.
Cambridgeshire grower James Peck reports winter barley yields above budget after bringing his autumn drilling dates forward and applying nitrogen fertiliser earlier in the year together with an inhibitor to anticipate the spring drought.
His average yield for his six-row hybrid mainstay variety, Belfry, is 9.3t/ha with a top yield of 10.04t/ha and a low of 8.82t/ha. He expects to finish cutting his 1,069ha of winter barley by the end of this week.
“We had budgeted for 9t/ha and are averaging 9.3t/ha, and we are bringing in about 1,000t/day,” he tells Farmers Weekly from his base at Scotland Farm, Dry Drayton, some four miles west of Cambridge.
He puts the good result down to drilling his winter barley about three weeks earlier, from 6-20 September, to get the crop off to a good start through the autumn and winter, although this does compromise blackgrass control on his generally heavy land.
The moisture levels at the start of harvesting were 15-17% and he was having to run grain through the grain dryer, but levels
...More info on site
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Australia: Malting barley exports down 48% in May
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Australia exported 637,004 tonnes of feed barley, 72,608t of malting barley and 304,470t of sorghum in May, according to the latest data from the Australian Bureau of Statistics (ABS).
The malting figure is down 48 per cent from the April total of 139,387t, while feed barley exports for May are up 2pc from the 624,130t shipped in April.
Sorghum exports in May jumped 53pc from the April total of 198,800t.
Mexico accounted for 87pc of Australia’s malting exports in May, while Saudi Arabia on 269,234t was the major destination for feed barley shipments, taking 42pc of the total.
Kuwait on 123,916t and Japan on 100,332t were the second and third-biggest destinations for Australia’s May-shipped feed barley.
China continues as the volume buyer of Australian sorghum, and was the destination for 231,315t, or 76pc, of May shipments, with Japan on 65,031t the other major bulk customer for the month.
Flexi Grain pool manager Sam Roache said May saw malting barley shipments back off the big April number and return to around the average monthly figure for the year.
“Mexico continues to lead the way with a recent record month, with lower numbers from Vietnam and Peru to balance that off,” Mr Roache said.
“The mystery Kuwait malt last month
...More info on site
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Germany: Winter barley crop expected to fall 0.5% this year
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Germany’s 2022 wheat crop will increase 5.3% on the year to 22.51 million tonnes despite a recent heatwave and dryness, the country’s association of farm cooperatives said in its latest harvest estimate on July 14.
The association forecast Germany’s 2022 winter rapeseed crop will rise 8.2% from last summer’s crop to 3.77 million tonnes.
In its previous forecast in June, the association had estimated Germany’s 2022 wheat crop at 22.65 million tonnes and the winter rapeseed crop at 3.78 million tonnes.
Dry, hot weather had stressed German grains so the forecast had been cut slightly, the association said. But an average German grains harvest is still expected.
“Can Germany with its harvest this year make a contribution to global grain supplies, which are facing an ever growing supply gap because of the war in Ukraine?” the association said. “According to our forecast this is possible.”
Germany is the European Union’s second largest wheat producer after France and a major grain exporter.
But Germany is facing serious transport and logistics bottlenecks, partly because of the turmoil in energy markets after the Ukraine war, it said.
Germany fears a stop to Russian gas supplies and has decided to use more coal-fired power to help fill the gap.
The need bring
...More info on site
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China & Pakistan: Chinese beer gaining popularity in Pakistan
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Chinese beer is taking off in popularity in Pakistan, after a company set up a beer plant a few years ago in the western province of Balochistan, DW.com reported on July 14.
The plant supplies beer to large parts of the province, along with the southern province of Sindh and the commercial hub of Karachi. Fans say that it's the colorful packaging, availability and high alcohol percentage that's attracting locals to try the beer.
Muhammad Zaman Khan, the director-general of Excise and Taxation South Balochistan, told DW that the Chinese company – named Hui Coastal Brewery and Distillery Limited – applied for the plant in 2016 and was granted a license in 2018.
The company started production last year, with a capacity of 65,000 to 100,000 litres daily.
Khan admitted that the company was initially targeting Chinese people working on the China Pakistan Economic Corridor projects, but began selling to local retailers as well.
The company has introduced three types of beer, with each can holding 500 millilitres, said Asif Hasan, who lives in Hub, the city where the factory is located. The variations include Hungchi Special Brew, Hungchi Amber Lager and Hui Cheng.
Hasan said he has a group of 25 friends and
...More info on site
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