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E-Malt.com Newsletter 47b
November 24 - November 27, 2022
Quote of the Week
There is more to life than beer alone, but beer makes those other things even better.
Stephen Morris
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Currency Rates
Base Currency: US Dollar
on November 25, 2022 |
Base Currency: Canadian Dollar
on November 25, 2022 |
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1 USD = 0.9599 EUR
1 USD = 0.8260 GBP
1 USD = 1.3340 CAD
1 USD = 1.4798 AUD
1 USD = 138.5900 JPY
1 USD = 5.3362 BRL
1 USD = 60.3890 RUB
1 USD = 7.1457 CNY
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1 CAD = 0.7495 USD
1 CAD = 0.6191 GBP
1 CAD = 0.7195 EUR
1 CAD = 1.1091 AUD
1 CAD = 103.8720 JPY
1 CAD = 3.9994 BRL
1 CAD = 45.2611 RUB
1 CAD = 5.3556 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: AC Metcalfe off Canada’s recommended malting barley varieties list
...Click here
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USA, CA: Novo Brazil Brewing Company launches its third location in Imperial Beach
...Click here
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Japan: Asahi sees resurgence of consumer interest in beer but warns of upcoming challenges for other segments
...Click here
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EU & UK: Barley forecast unchanged at 58.37 mln tonnes
...Click here
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Russia: Beer production up 1% in January-October this year
...Click here
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Argentina: Barley crop estimate lowered to 4.15 mln tonnes
...Click here
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France: Barley and wheat crop about a week ahead of usual development
...Click here
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Ireland: Heineken to provide transition discount to hospitality businesses for three months
...Click here
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Qatar: AB InBev seeking $47.4 million from FIFA after World Cup stadium beer ban
...Click here
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Ukraine: Grain exports got off to slower start after extension deal with Russia
...Click here
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Graph of the Week
Table of the Week
Slovenia Hops Area, Yields, and Production 2019-2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 November
1914 - Louis de Raet, Belgian economist/Flemish People Party, dies
1951 - British auto manufacturers Austin/Moris Motors merge
25 November
1867 - Alfred Nobel patents dynamite
1884 - John B Meyenberg of St. Louis patents evaporated milk
26 November
1885 - 1st meteor photograph
1925 - Netherlands and Germany sign trade agreement
1987 - Matsushita purchases the movie and entertainment company MCA Inc. for $6.6 billion
27 November
1895 - Alfred Nobel establishes Nobel Prize
1962 - 1st test flight of the Boeing 727 takes place
Agenda
December 2022:
06 - 08: 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)
16 - 18: Great British Beer Festival Winter 2023 (Burton Town Hall, Burton-on-Trent, UK)
20 - 23: Beer & Food Attraction 2023 (Rimini, Italy)
March 2023:
07 - 09: Expo Antad & Alimentaria Mexico 2023 (Expo Guadalajara, Jalisco, Mexico)
08 - 11: Festival Brasileiro da Cerveja 2023 (Blumenau, Brazil)
24 - 26: St Malo Craft Beer Expo 2023 (St Malo, France)
April 2023:
02 - 06: 15th International Trends in Brewing 'Beer & Society' 2023 (Leuven, Belgium)
06 - 08: KIBEX 2023 (Seoul, South Korea)
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)
22 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
25 - 27: InnBrew 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
June 2023:
01 - 04: Wiener Bierfest 2023 (Vienna, Austria)
05 - 06: Tallinn Craft Beer Weekend 2023 (Tallinn, Estonia)
13 - 14: IGC Grains Conference 2023 (London, UK)
August 2023:
10 - 12: VIETFOOD & BEVERAGE - VIETNAM 2023 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
November 2023:
14 - 16: Brau Beviale 2022 (Nuremberg, Germany)
News Articles
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Canada: AC Metcalfe off Canada’s recommended malting barley varieties list
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Canada’s annual recommended list of malting barley varieties is out, and one prominent name is off the list: AC Metcalfe, Real Agriculture reported on November 24.
Topping the list this year is AAC Connect, distributed by CANTERRA Seeds, and CDC Fraser, from SeCan. List veteran CDC Copeland and AAC Synergy round out the list of recommended varieties.
The Canadian Malting Barley Technical Centre (CMBTC) compiles this list each year to indicate to producers the varieties that are in demand in the marketplace and those that have the greatest potential for contracting, selection, and movement.
CMBTC says that newer varieties with improved agronomics and disease resistance are helping to keep malting barley competitive with other crops in Canada, and that new varieties tend to be shorter and have significantly improved straw strength to decrease lodging risk, while still being easy to thresh and combine.
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USA, CT: Another brewery may be coming to Hamden
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Another brewery and tap room may be coming to Hamden, the Hartford Business Journal reported on November 22.
The Planning and Zoning Commission received an application from HC2 Associates LLC, an affiliate of New Haven-based C.A. White Associates, and Schaffer Associates, Michael and Anthony Schaffer and Susan Ryan.
Plans call for the main floor of the building at 2323 Whitney Ave., to contain an 8,000-square-foot restaurant and a 4,000-square-foot brewery, with outdoor areas and a rooftop terrace.
Developers plan to expand the main dining room by 540 square feet, and add a 300-square-foot vestibule. Also included in the plans is a 2,000-square-foot second story, used as a private party room or for extra seating.
The first floor would have seating for up to 278 people, including the outdoor spaces, while the second-level could accommodate another 160 seats.
The property would also have outdoor areas, called “beer gardens,” along with movable seating, fire pits and space for outdoor games in the warmer months.
The building, constructed in 1986, currently contains commercial space, and sits on .59 acres next to Freedom Park, on the corner of Dixwell Avenue near other retail shops and restaurants.
The commission is expected to consider the application at its next meeting at 7
...More info on site
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USA, CA: Novo Brazil Brewing Company launches its third location in Imperial Beach
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Novo Brazil Brewing Company on November 18 held the grand opening of its Imperial Beach location at 535 Florence Street. The restaurant and nano brewery sits on the south end of San Diego Bay with views of the Coronado Bay Bridge and downtown skyline in the distance, ThereSanDiego.com reported.
The new location features the same menu as the Otay Ranch mall location and 64 taps, serving all NOVO beers and its other lines of beverages: NOVA easy kombuchas (hard and non-alcoholic), California Spritz beer cocktails, and hard seltzers.
The main dining room is 7,500 square feet with a capacity of 283. The outside patio is 3,000 square feet. There are two 23-foot LED television screens for game watching.
“I am thrilled to extend our footprint of award-winning beers, easy kombuchas, hard seltzers, tasty food, and vibrancy and flare to the great City of Imperial Beach,” Carneiro said. “Our view of San Diego Bay with the bridge and skyline in the distance is unique to the South Bay, and I hope residents and visitors alike will come by to enjoy our family-friendly environment. It is certainly the place to meet, hang out, and watch a game.”
The hours are 12PM-10PM daily. NOVO Imperial Beach is
...More info on site
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Japan: Asahi sees resurgence of consumer interest in beer but warns of upcoming challenges for other segments
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Beverage giant Asahi has seen a resurgence of consumer interest in beer in Japan, but believes that some challenges are upcoming for other segments
...More info on site
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EU & UK: Barley forecast unchanged at 58.37 mln tonnes
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There are no changes to the EU-27 + UK barley crop forecast – RMI Analytics left it unchanged at 58.37 mln tonnes in their
...More info on site
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Russia: Beer production up 1% in January-October this year
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Russia’s January-October beer production showed a 1% increase versus the same period last year - to 70.1 mln hl, Rosstat reported on November 24.
In
...More info on site
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Argentina: Barley crop estimate lowered to 4.15 mln tonnes
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Argentina’s barley crop estimate is lowered to 4.15 mln tonnes. Rain during the past week may have improved conditions slightly, and in isolated cases,
...More info on site
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UK: Barley balance remains tight in 2022/23 - AHDB
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AHDB published on November 22 the first official UK supply and demand estimates for wheat, barley, oats and maize for the 2022/23 season.
Despite decade
...More info on site
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France: Barley and wheat crop about a week ahead of usual development
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French soft wheat and winter barley crops are still about a week ahead of their usual rate of development following a mild autumn, data from farm office FranceAgriMer showed on November 25.
Soft wheat in France, the European Union's biggest grain producer, had emerged from the ground on about 93% of the expected crop area by Nov. 21, with the median date of emergence six days earlier than the average of the past five years, FranceAgriMer said in a weekly cereal report.
Soft wheat crops on 38% of the area had also reached the subsequent tillering stage, when shoots start to form from the stem, compared with just 7% a year ago, the office said.
For winter barley, crops had emerged on 97% of the area and development pace was seven days ahead of the five-year average.
Crops had started tillering on 59% of the area versus 21% a year ago.
Early development of cereals crop has been boosted by an exceptionally warm October and regular rain that has eased the effects of summer drought.
The fast initial growth has raised concern about crops being vulnerable to frost, although a progressive cooling in temperatures expected in the week ahead may slow development and improve plants' hardiness.
Nearly
...More info on site
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Ireland: Heineken to provide transition discount to hospitality businesses for three months
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Heineken Ireland will provide hospitality business operators with a transition discount for a three-month period following the company’s recent decision to increase the on-trade price of kegs from December 1, the Irish Examiner reported on November 24.
Heineken Ireland has advised its customers that for the next three-month period the company will support them with a 3.5% discount on all keg deliveries. This will apply to all Heineken Ireland brands including Murphy’s Stout and Orchard Thieves cider.
“As stated previously, Heineken Ireland is facing unprecedented pressures across all input costs and has no choice but to pass on some of these cost increases, through an increase in wholesale keg prices,” said the brewer.
“The challenges created by these cost pressures have not changed and therefore the 9% price increase announced previously takes effect on 1st December 2022,” it added.
This temporary support for publicans, hoteliers and restaurant comes as the brewer faced backlash in relation to the timing of the price increase as many business owners are struggling with other costs such as surging energy bills.
Heineken Ireland’s pandemic-related support for the Irish hospitality sector totalled €19 mln as the Cork-based brewer took back hundreds of thousands of kegs of its lager, cider, and stout
...More info on site
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Qatar: AB InBev seeking $47.4 million from FIFA after World Cup stadium beer ban
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Last week’s decision by Qatar officials to ban alcohol sales at stadiums just two days before the first 2022 FIFA World Cup match could impact the relationship of FIFA and beer sponsor Anheuser-Busch InBev (A-B) through 2026. As a ripple effect, AB InBev is seeking a $47.4 million deduction in its $112 million sponsorship deal for the 2026 World Cup, Front Office Sports reported.
The more than decade-long planning of this year’s global soccer tournament has been fraught with multiple changes to the host country’s alcohol policy. While Qatar does not ban alcoholic beverages, it does severely limit where they can be purchased, strictly regulating the sale to hotel bars and other limited locations. The final update was released last Friday, November 18 with Qatar limiting the sale of alcoholic beverages to “the FIFA Fan Festival, other fan destinations and licensed venues” outside of the eight stadiums perimeters, FIFA said in a statement.
Anheuser-Busch InBev paid a reported $74 million to be the official beer sponsor of the 2022 World Cup and showcase its flagship Budweiser, but sadly after last week’s decision, the company can only sell its non-alcoholic brand Budweiser Zero to fans at matches.
The 2026 World Cup will kick off
...More info on site
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Ukraine: Grain exports got off to slower start after extension deal with Russia
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Ukraine's grain exports have gotten off to a slower start after a U.N.-brokered deal was extended last week to help ease global hunger, and one Ukrainian envoy put part of the blame on Russia's reluctance to speed up ship inspections, Reuters reported on November 24.
Since the agreement was extended beyond Nov. 19, no more than five ships a day have departed Ukraine, U.N. data show, down from previous weeks and months when up to 10 departed.
A U.N. spokesperson, Ismini Palla, said vessel flows were affected by past uncertainty over extending the deal, poor Istanbul weather conditions for inspections, and a rotation of new staff and inspectors at a Joint Coordination Centre (JCC).
The deal, between Moscow and Kyiv that was also brokered by Ankara, unblocked exports that were stalled in Ukraine's Black Sea ports after Russia's invasion.
It began in July and was extended last week through March, easing global food prices.
So far nearly 12 million tonnes of grain and foodstuffs have been exported aboard 491 outbound voyages. But movements have slowed this month, partly due to uncertainty among shippers and insurers about whether Russia would agree to extend the agreement.
A total of 27 ships set sail from Ukraine in the seven
...More info on site
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