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E-Malt.com Newsletter 33a
August 15 - August 17, 2022
Quote of the Week
Wine is but a single broth, ale is meat, drink and cloth.
English proverb
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Currency Rates
Base Currency: US Dollar
on August 17, 2022 |
Base Currency: Canadian Dollar
on August 17, 2022 |
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1 USD = 0.9843 EUR
1 USD = 0.8289 GBP
1 USD = 1.2882 CAD
1 USD = 1.4252 AUD
1 USD = 133.9630 JPY
1 USD = 5.1173 BRL
1 USD = 61.2792 RUB
1 USD = 6.7858 CNY
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1 CAD = 0.7762 USD
1 CAD = 0.6433 GBP
1 CAD = 0.7639 EUR
1 CAD = 1.1062 AUD
1 CAD = 103.9760 JPY
1 CAD = 3.9718 BRL
1 CAD = 47.5620 RUB
1 CAD = 5.2668 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Old and new crop barley prices under pressure throughout this summer
...Click here
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Canada, BC: Railside Brewing launches in Kelowna’s brewery district
...Click here
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Canada, ON: Point Brewing slated to open in Point Edward before patio season ends
...Click here
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USA, TX: Wicked Boxer Brewing closing its doors this weekend
...Click here
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USA, OH: Combustion Brewing opens second location in Columbus
...Click here
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USA, MN: Bucks Mill Brewing present its beers to the public on Saturday, August 20
...Click here
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USA, MA: Anawan Brewing Company not to reopen after fire
...Click here
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World: Leading brewers, beer producing nations see recovering volumes with variable numbers
...Click here
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World: Carlsberg reports DKK5.28 bln net loss for the first half of this year
...Click here
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China: China Resources Beer posts 11.5% drop in first-half net profit
...Click here
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Australia: Proportion of Australians who drink alcohol drops in the 12 months to June 22
...Click here
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World: Heineken plays down calms of beer category being cannibalised by growth of spirits
...Click here
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EU: Barley crop forecast to reach 51.531 mln tonnes in 2022/23
...Click here
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Japan: All four major beer makers post yoy growth in consolidated revenue in January-June
...Click here
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China: Beer sales declining but there is still room for expansion
...Click here
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World: Barley trade forecast unchanged at 29.716 mln tonnes in USDA’s August report
...Click here
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Malaysia: Heineken Malaysia sees first-half performance surpass pre-pandemic results
...Click here
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Slovenia: Hop harvest expected to be much worse than last year
...Click here
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France: Share of malting barley of France’s winter barley crop estimated at 7 mln tonnes
...Click here
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Australia: Private barley crop forecasts increased to 12-13 mln tonnes
...Click here
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Argentina: Winter grain crops endangered by severe drought but barley somewhat better off than wheat
...Click here
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The Netherlands: Production of hops in greenhouses explored in the Netherlands
...Click here
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Belgium: Legendary monastery brewer Westvleteren to start labelling their bottles for the first time in 75 years
...Click here
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UK: Spring malting barley crop showing good grain quality
...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
15 August
1769 - Napoleon Bonaparte was born, resident of Elba (emperor 1804-13, 1814-15)
1911 - Procter & Gamble unveils its Crisco shortening
1914 - Panama Canal opens (under cost)
16 August
1870 - Fred Goldsmith demonstrates curve ball isn't an optical illusion
1930 - The first color sound cartoon, called Fiddlesticks, is made by Ub Iwerks
1955 - Fiat Motors orders 1st private atomic reactor
1991 - Belgium census is 10,000,963 inhabitants
17 August
1802 - In one of history's greatest acts of inventive daring, Robert Fulton launches his new steamboat from the north shore of Manhattan
1998 - The Russian government devalues the ruble and declares a moratorium on paying its foreign debt, a de facto default that sends the global bond markets crashing, triggers the collapse of the giant U.S. hedge fund Long-Term Capital Management and sends shockwaves through the world's financial system
Agenda
September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
05 - 11: Budapest Beer Week 2022 (Budapest, Hungary)
07 - 09: Craft Beer China 2022 (Shanghai, China)
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)
21 - 23: Cerveza Mexico Expo 2022 (Mexico City, Mexico)
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)
07 - 11: Mondial de la Biere Rio 2022 (Rio de Janeiro, Brazil)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2023 (Rimini, Italy)
March 2023:
08 - 11: Festival Brasileiro da Cerveja 2023 (Blumenau, Brazil)
May 2023:
07 - 10: Craft Brewers Conference & BrewExpo America 2023 (Nashville, TN, USA)
10 - 10: World Beer Cup 2023 (Nashville, TN, USA)
12 - 14: Cerveza Mexico Expo 2023 (Guadalajara, Mexico)
25 - 27: InnBrew 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
News Articles
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Canada: Old and new crop barley prices under pressure throughout this summer
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Old- and new-crop barley prices have been under pressure throughout the summer, the Canadian Cattlemen reported on August 12.
For one thing, old-crop values
...More info on site
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Canada, BC: Railside Brewing launches in Kelowna’s brewery district
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A new community-minded brewery is now open in Kelowna’s brewery district, the Canadian Beer News reported on August 12.
Railside Brewing has been founded by long-time friends and homebrewers Rob Leinemann and Matt Grieve, and is located in a building owned by Leinemann’s family along the Okanagan Rail Trail.
Open to the public since last Friday August 5th, Railside has eight beers pouring to enjoy in the brewery tasting room and on the pet-friendly patio. Light snacks including chips and salsa, pepperoni, and hummus are available in the tasting room, and food trucks are on hand at select times to serve more substantial meals.
In an interview with Castanet, the owners noted that they have a permit that will allow them to host up to ten special events a year on the parking lot adjacent to the brewery, and they intend to hold several fundraising events for the Rail Trail each year.
Railside Brewing is located at 1186 High Road in Kelowna, and is open daily with the exception of Monday.
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Canada, ON: Point Brewing slated to open in Point Edward before patio season ends
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Sarnia-Lambton might not pop as a craft beer destination in the way that, for example, the Niagara Region does. But with a 10th brewery opening within weeks, the Imperial City and its neighbouring municipalities can’t be ignored as a brewcation creation. There’s an unofficial ale trail waiting for you from Corunna on the St. Clair River to Grand Bend on Lake Huron, the Cochrane Times-Post reported on .
Newest, and slated to open before patio season ends, is Point Brewing in Point Edward. It’s a brotherhood of brothers-in-law Claudio Palleschi, David Kruger and Scott Dunn opening in a former Beer Store at 705 Lite St.
“It’s an awesome benefit joining the cluster of amazing breweries, cideries and wineries coming out of Lambton County,” Kruger said. “They’ve all been welcoming and helping us along the way to get established and to combine to make this area a destination to experience.”
Palleschi, a noted homebrewer who’s been making beer in his garage and basement for years, is the head brewer and has been busy creating six beers with local hooks for Point’s opening.
On tap by the glass, in growlers if supplied by customers, and in 355-millilitre cans will be:
Lite Street, a crushable American-style lager using
...More info on site
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USA, TX: Wicked Boxer Brewing closing its doors this weekend
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After nearly five years in business, Wicked Boxer Brewing is closing its doors this weekend, marking the latest move in a string of Houston beer world shake-ups, .
The Cypress brewery originally opened in December 2017 and moved to Barker Cypress Road in 2020, where it will pour pints for one last week until it shuts off the taps on Aug. 21. The owners, Brian and Jamie Cain, announced the closure on social media.
"Our founder & CEO, Rogue, has made the decision to retire," read identical posts on Facebook and Instagram. "He's tired of having to clean up after Brian's messes."
Rogue isn't your typical biped CEO. Rather, he's one of two black boxer dogs, with his buddy Rebel, who have served as mascots and tongue-in-cheek inspiration for the brewery throughout the years.
It's been an eventful few months for the Houston area's beer scene. Bearded Fox and City Acre had both planned to close but were bought by a new owner at the last minute. The owners of Equal Parts bought Brash, and Holler and Local Group breweries also recently changed hands. There's been new blood, too, such as Frost Town downtown.
Ahead of their last day, Wicked Boxer is pouring all the
...More info on site
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USA, OH: Combustion Brewing opens second location in Columbus
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Columbus Ohio’s Combustion Brewing just opened its second location in the Clintonville neighborhood. Customers can expect to enjoy a wide variety of fresh craft beer and cider all made by Combustion, the Craft Brewing Business reported on August 15.
“Fresh, Balanced, Drinkable is our mantra” says co-owner Keith Jackson. “We are ecstatic to open the doors of our second location to the public. Providing the freshest and highest quality craft beer and cider to the Clintonville and surrounding communities is something we’ve been working towards the past few months.”
The Grand Opening Ribbon Cutting on Aug. 13 was visited by the Clintonville Area Business Association.
“It’s been great getting acquainted with members of the Clintonville Area Business Association, meeting members of the community, and participating in Third Thursday’s with the CRC while we prepare for our opening in Clintonville,” says co-owner Sarah Jackson.
The Clintonville Taproom will maintain a wide variety of beer and cider on tap as well as 16oz 4-pack cans, 32oz crowler cans, and 64oz growlers of specialty beers to-go. In support of neighboring businesses, customers will be able to order food from local restaurants right from their table in the Taproom. Light snacks available at the bar.
Regular hours for the
...More info on site
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USA, MN: Bucks Mill Brewing present its beers to the public on Saturday, August 20
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Saturday, August 20 will present the first opportunity to sample beers from Detroit Lakes’ newest brewery, Bucks Mill Brewing, the Lakes Area Radio reported on August 16.
The brewery plans to bring four beers to the Detroit Lakes Craft Beer Tour at the Washington Ballpark, Saturday, August 20. The event, in its fourth year features more than 100 craft beers to sample from a variety of regional breweries.
Bucks Mill Brewing will have two blondes to sample - Ole and Lena. “We spiced Lena with Lemongrass and it gives it a nice tea-like flavor,” said Tyler Hawkins, Head Brewer at Bucks Mill Brewing. “Ole is more a crisp, light beer – a crowd pleaser.” The Hazy, made with Mosaic and Citra, and a Red Ale round out the beers the brewery plans to bring to the event.
And if the final inspection process happens as anticipated, Bucks Mill Brewing’s downtown location may be open by this weekend.
“We’re at the point now where there’s just some finishing touches to be done in the building, but then we also have a series of inspections to be done this week,” said Henry Van Offelen, one of the brewery’s founders. “If those inspections are done and completed,
...More info on site
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USA, MA: Anawan Brewing Company not to reopen after fire
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The owner of a Rehoboth brewery that burned down in February said it won't be reopening, WJAR reported on August 14.
The site of the commercial building on Parks Street is being rebuilt, board by board.
Anawan Brewing Company will not be part of those plans, Steffen Johnson wrote on social media on Saturday.
Crews deemed the building a total loss after flames ripped through it in February.
USA, MA: Anawan Brewing Company not to reopen after fire
The owner of a Rehoboth brewery that burned down in February said it won't be reopening, WJAR reported on August 14.
The site of the commercial building on Parks Street is being rebuilt, board by board.
Anawan Brewing Company will not be part of those plans, Steffen Johnson wrote on social media on Saturday.
Crews deemed the building a total loss after flames ripped through it in February.
Wendy and Steve Rocha say they went to Anawan Brewing Company just a day or two before the incident, excited to have a fun place to go close to home.
“We just feel very badly,” Wendy said. “It was excellent when we went there.”
The veteran-owned brewery had only been open for three months before the fire.
The community quickly stepped up to help, with a
...More info on site
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World: Leading brewers, beer producing nations see recovering volumes with variable numbers
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AB InBev sold 289 mln hl in the 1st half of 2022, plus 3.1% y/y. Ambev Brazil produced record sales of 42.2 mln hl
...More info on site
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World: Carlsberg reports DKK5.28 bln net loss for the first half of this year
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Danish brewer Carlsberg A/S reported on August 17 that its first-half net loss attributable to shareholders was 5.28 billion Danish kroner, compared to last
...More info on site
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China: China Resources Beer posts 11.5% drop in first-half net profit
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China Resources Beer (Holdings) Co. posted an 11.5% drop in first-half net profit due to higher costs, warning that it expects price pressures from
...More info on site
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Australia: Proportion of Australians who drink alcohol drops in the 12 months to June 22
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New data from Roy Morgan’s Alcohol Consumption Report shows the proportion of Australians who drink alcohol dropped by 1.8% points to 67.9% in the
...More info on site
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World: Heineken plays down calms of beer category being cannibalised by growth of spirits
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Heineken has played down claims made by Diageo that the beer category is being cannibalised by the growth of spirits, The Drinks Business reported
...More info on site
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EU: Barley crop forecast to reach 51.531 mln tonnes in 2022/23
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EU Commission’s barley supply and demand estimate of July 28 forecasts the EU-27’s barley crop at 51.531 mln tonnes in 2022/23, down from 51.973
...More info on site
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Japan: All four major beer makers post yoy growth in consolidated revenue in January-June
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All four major beer-makers in Japan posted year-on-year growth in consolidated revenue in the January-June period on the back of robust operations in overseas
...More info on site
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China: Beer sales declining but there is still room for expansion
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As heat waves swept China this summer, fans of a frosty beer on a hot day may have noticed that cracking open a cold
...More info on site
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World: Barley trade forecast unchanged at 29.716 mln tonnes in USDA’s August report
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World barley trade forecast for 2022/23 is unchanged in USDA’s August report at 29.716 mln tonnes versus 28.94 mln in 2021/22.
Barley export forecast is
...More info on site
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Malaysia: Heineken Malaysia sees first-half performance surpass pre-pandemic results
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Heineken Malaysia Bhd, which saw its first six months 2022 (H1’22) performance surpass pre-pandemic results, plans to spend RM140 million on expansion and upgrading
...More info on site
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Slovenia: Hop harvest expected to be much worse than last year
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This year’s hop harvest is expected to be much worse than last year in Slovenia. Preliminary estimates predict a 40% year-on-year decline of around
...More info on site
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France: Share of malting barley of France’s winter barley crop estimated at 7 mln tonnes
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France harvested 11.2 mln tonnes of winter barley. According to private estimates, share of malting barley varieties is around 7.0 mln tonnes, the selection
...More info on site
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Australia: Private barley crop forecasts increased to 12-13 mln tonnes
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A large barley acreage and benign weather conditions have increased Australia’s private crop forecasts to 12 -13 mln tonnes, H. M. Gauger GmbH said
...More info on site
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Argentina: Winter grain crops endangered by severe drought but barley somewhat better off than wheat
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Severe drought endangers the winter grain crops in Argentina. Barley, grown in the south of the Buenos Aires province, is somewhat better off than
...More info on site
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The Netherlands: Production of hops in greenhouses explored in the Netherlands
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Holland Hops and Inholland University of Applied Sciences are exploring production of hops in greenhouses for use in local beers, RMI Analytics said in their early August report.
The group created the Hollandse Hop RAAK SME research project with Wageningen University and Research, the Naturalis Biodiversity Center, Hogeschool Leiden and several other companies. So far, results show hops can be effectively grown in greenhouses, however, the cultivation efficiency still has to be tweaked, especially due to high current energy costs.
The team is looking at sustainable heating methods which could solve this challenge in the future.
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Belgium: Legendary monastery brewer Westvleteren to start labelling their bottles for the first time in 75 years
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Monastery brewer Westvleteren, whose legendary beers are produced by monks in the Sint-Sixtus abbey in West Flanders, are to label their bottles for the first time in 75 years, The Brussels Times reported on August 13.
The brewery produces three of Belgium’s celebrated Trappist beers, named after the order or monks who run the abbey. Trappist beers – the appellation is strictly limited to those beers that meet the stringent conditions laid down by the International Trappist Association (ITA). As a result only 13 monasteries now have the right to use the appellation – Achel was dropped when its population of living monks dropped to zero.
As well as the Belgian monasteries, there are Trappist breweries in the Netherlands (Koningshoeven, La Trappe and Zundert, Maria Toevlucht); the US (St Joseph’s , now closed), Austria (Stift Engelszell), Italy (Tre Fontane), England (St Bernard Abbey), France (Mont des Cats) and Spain (Cerveza Cardeña).
Admirers of the Westvleteren beer itself will experience no change. The new development is cosmetic. The new labels allow consumers to differentiate the four varieties at a glance – not as handy as it might seem, since the beers are rarely on open sale. But the labels will contain all manner of
...More info on site
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UK: Spring malting barley crop showing good grain quality
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Spring malting barley harvested crops are showing good grain quality with low nitrogen levels and better-than-expected yields, despite the very dry spring and summer and a very early harvest, the Farmers’ Weekly reported on August 12.
Most crops are coming in with grain nitrogen levels below 1.85% in line with maltsters’ needs, and despite often very thin crops, grain weights have been heavy in terms of specific weight, helping to boost overall yields.
Bob King, commercial director of the Crisp Malting Group, says the malting industry needs a big crop as there is little by way of carryover stocks from the previous season, and a good quality spring crop has followed a quality winter malting crop.
“The spring crop is surprisingly good, much better than expected, and everything we have seen is useable, says Mr King, whose company has maltings in East Anglia and Scotland.
With many of southern and eastern English crops now cut and harvest under way as far north as Morayshire in northern Scotland, the nationwide picture is of surprisingly good yields, low nitrogens and high specific weights.
The prospect of a big high-quality malting crop has seen malting premiums over feed barley narrow to £55-60/t, and this could narrow further as
...More info on site
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