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E-Malt.com Newsletter 49b
December 08 - December 11, 2022
Quote of the Week
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Currency Rates
Base Currency: US Dollar
on December 09, 2022 |
Base Currency: Canadian Dollar
on December 09, 2022 |
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1 USD = 0.9500 EUR
1 USD = 0.8192 GBP
1 USD = 1.3629 CAD
1 USD = 1.4833 AUD
1 USD = 136.7280 JPY
1 USD = 5.2087 BRL
1 USD = 62.7035 RUB
1 USD = 6.9693 CNY
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1 CAD = 0.7336 USD
1 CAD = 0.6010 GBP
1 CAD = 0.6970 EUR
1 CAD = 1.0882 AUD
1 CAD = 100.3090 JPY
1 CAD = 3.8213 BRL
1 CAD = 46.0016 RUB
1 CAD = 5.1129 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, KY: Pernod Ricard to construct a new distillery in central Kentucky
...Click here
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Canada, BC: North Vancouver council endorses Beva Brewing and Blending Ltd.’s manufacturer licence request
...Click here
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USA, SC: Peak Drift Brewing Company has production up and running on some of its beers and other drinks
...Click here
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USA, PA: Big Sewickley Creek Brewery coming to Sewickley
...Click here
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USA, AZ: Hundred Mile Brewing Company to celebrate soft opening this month
...Click here
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USA, PA: Carbon Copy to launch in former Dock Street West Brewery location on December 10
...Click here
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USA, WA: Lagunitas’ brewery and taproom in Seattle to close permanently early in January
...Click here
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USA, PA: Liquid Noise Brewing to close its doors permanently
...Click here
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USA, FL: St Petersburg’s Avid Brew Company announces closure at the end of the month
...Click here
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USA, TX: Auld Brewing Co. closes its doors in downtown Lubbock
...Click here
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USA, OH: Headtrip Brewery to serve its last beer this month
...Click here
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Ukraine: Beer, malt output decline in January-November
...Click here
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World: Barley trade forecast slightly down in USDA’s December report
...Click here
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EU-27 & UK: Barley supply & demand forecast mostly unchanged
...Click here
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Argentina: Barley crop forecast remains at 4.2 mln tonnes
...Click here
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France: Nearly all wheat and barley fields in good condition in France
...Click here
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Australia & India: Australia’s craft brewer Coopers secures new distributor in India
...Click here
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South Korea: Hite collaborates with Australia’s Joe White Maltings on a special edition single malt beer
...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
08 December
1794 - 1st issue of Herald of Rutland, VT published
1863 - Abraham Lincoln announces plan for Reconstruction of South
1923 - Salary and price freeze in Germany
1993 - Dow-Jones hits record 3734.53
09 December
1793 - Noah Webster establishes New York's 1st daily newspaper, American Minerva
1843 - P Paul Leroy-Beaulieu French economist is born
1905 - French Assembly National votes for separation of church & state
1916 - P Paul Leroy-Beaulieu French economist (Economist France), dies at 73
1967 - Nicolae Ceausescu becomes President (dictator) of Romania
1968 - Doug Engelbart demonstrates first computer mouse at Stanford
10 December
1672 - New York Governor Lovelace announces monthly mail service between New York & Boston
1799 - Metric system established in France
1868 - The first traffic lights are installed, outside the Palace of Westminster in London
1901 - 1st Nobel Peace Prizes (to Jean Henri Dunant, Frederic Passy)
1915 - 10,000,000th model T Ford assembled
1930 - Clayton K Yeutter, US trade representative/Republican National chairman is born in Nebraska
1948 - UN General Assembly adopts Universal Declaration of Human Rights
1993 - Dow Jones hits record 3740.67
11 December
1901 - 1st newspaper on Curacao (Curacao Gazette & Commercial Advertiser)
1901 - Marconi sends 1st transatlantic radio signal, Cornwall to Newfoundland
1930 - Bank of the United States opens in New York NY
1967 - SST prototype "Concorde" 1st shown (France)
1985 - General Electric acquires RCA Corp & its subsidiary
1985 - Dow Jones closes above 1,500 for 1st time (1,511.70)
1997 - The Kyoto Protocol opens for signature
Agenda
December 2022:
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
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)
15 - 16: BeerX 2023 (Liverpool, UK)
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)
22 - 23: Zythos Beer Festival 2023 (Kortrijk, Belgium)
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)
12 - 13: Copenhagen Beer Festival 2023 (Copenhagen, Denmark)
18 - 21: Mondial de la Biere 2023 (Montreal, Canada)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
22 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
25 - 27: InnBrew 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
30 - 01 June: Craft Beer China 2023 (Shanghai, China)
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)
October 2023:
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
November 2023:
14 - 16: Brau Beviale 2022 (Nuremberg, Germany)
News Articles
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USA, KY: Pernod Ricard to construct a new distillery in central Kentucky
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A new long-term project is expected to boost the local Kentucky whiskey economy. Pernod Ricard plans to construct a new distillery for bourbon brand Jefferson’s in central Kentucky — just a 30-minute drive from nearby Bardstown, Ky., a popular site for whiskey distilling, the Vine Pair reported on December 9.
Spirits corporation Pernod Ricard holds brands such as Jameson Irish Whiskey, Absolut Vodka, and Glenlivet. It’s investing an initial $196 million (with a potential to grow to $250 million in the next decade) to construct a 75,000-square-foot facility to house Jefferson’s production, according to a Dec. 8 press release from the State of Kentucky.
“The commonwealth’s bourbon industry continues to gain momentum and grow to new heights,” Kentucky Governor Andy Beshear states in the press release. “This investment by Pernod Ricard is a welcome addition to the Lebanon and Marion County community and will reinforce our bourbon industry and set us apart in our continued sustainability efforts. I want to thank the leaders of Pernod Ricard for their vision to grow in Kentucky, and I look forward to seeing their success in the coming years.”
Plans for the 265-acre space in Lebanon, Ky., include a distillery, drying operation, three warehouses, and a visitor
...More info on site
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Canada, BC: North Vancouver council endorses Beva Brewing and Blending Ltd.’s manufacturer licence request
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District of North Vancouver council voted unanimously on December 5 to endorse Beva Brewing and Blending Ltd.’s request for a manufacturer licence lounge for a yet-to-be-opened brewery at 1405 Pemberton Ave., the North Shore News reported.
The licence will allow the company to produce and serve booze. The building, which once housed the Couch Potato Sofa Store, will hold up to 70 people on the site, including staff, and there will be an outdoor patio allowed.
Although licences of that type are granted by the province’s Liquor and Cannabis Regulation Branch, the province offers municipal councils an early weigh-in on potential community impacts. When district notified 222 local property owners and tenants in the area, only four wrote back. One resident welcomed the concept, while three raised concerns about parking and potential noise from the site. Given the light industrial nature of the surrounding neighbourhood, district staff assessed the proposal as having “minimal” community impacts.
Council’s support for the licence was unanimous.
“As a resident of Pemberton Heights, which is just around the corner, I think this is a good location, and it’s going to add to the vitality of the area – especially as the Lions Gate community gets built out. It’s not
...More info on site
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USA, SC: Peak Drift Brewing Company has production up and running on some of its beers and other drinks
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A large-scale brewery project in north Columbia has production up and running on some of its drinks, The State reported on December 6.
Peak Drift Brewing Company, which is developing a multi-faceted production brewery and entertainment facility at 3452 North Main St. in Columbia, has launched its inaugural run of beer and hard seltzers, which will start popping up in select Midlands bars, restaurants and stores as soon as this week.
“Peak Drift is committed to celebrating everything that makes the Southeast special — the mountains, the oceans, the rivers, and most of all, the people,” Peak Drift co-owner Sara Middleton Styles said in a release. “Through our innovative production facility, award-winning products and new brewery coming to the North Main area, we are dedicated to industry collaboration and strengthening our local communities.”
The Peak Drift Brewing project is a multi-million dollar endeavor that is still under development on North Main. The building at 3452 North Main was originally built in the 1940s and was operated for years by Stone Manufacturing. It was a garment factory for decades. The building was listed on the National Register of Historic Places in 2020.
Aside from the now up and running production side,
...More info on site
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USA, PA: Big Sewickley Creek Brewery coming to Sewickley
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Even before his 21st birthday, Marc Gignac was a beer fan.
As a kid, the Detroit native associated the beverage with the Tigers Major League Baseball team, which had a partnership with Stroh’s, and he couldn’t wait to join his fellow fans in the suds-drinking club, the Pittsburgh Magazine reported on December 5.
Now, the retired urologist with a penchant for pups and tie-dye T-shirts has built a clubhouse of sorts for folks who want to relax by the water with a beer and live music.
Big Sewickley Creek Brewery in Economy will hold the first of three soft opening weekends starting Friday, Dec. 16 at 4 p.m. On Jan. 6, regular hours will be 4 to 10 p.m. Friday, noon to 10 p.m. Saturday and 1 to 7 p.m. Sunday.
Going pro isn’t a solo journey for the former Allegheny General Hospital kidney expert. Co-owners include his wife, Gina Rooker, a practicing urologist; and his brother Chris Gignac, who recently retired from a career in health care.
About two years ago, the family purchased a parcel at 2030 Big Sewickley Creek Road in Beaver County and constructed a 4,000-square-foot structure made of glass, concrete and steel. Several garage doors open
...More info on site
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USA, AZ: Hundred Mile Brewing Company to celebrate soft opening this month
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This December, Hundred Mile Brewing Company (HMBC) celebrates its soft opening in Tempe at 690. N. Scottsdale Road, Signals AZ reported on December 6.
The brewery boasts unique beers brewed onsite and served as fresh as possible by award winning brewer, Valerie Adee, as well as other local brews. In addition, a comprehensive menu designed by Chefs Nick Bymaster and Tyler Anderson will pair perfectly with every sip. HMBC also offers an extensive wine and craft cocktail menu.
Due to the time it takes to develop scratch-made beers and the nature of this process, the soft opening will showcase a wide variety of local AZ beers in their taproom.
During the soft opening, HMBC will have a daily drawing for $100 gift cards. In celebration of being adjacent to ASU’s campus, as well as both the owner and brewer being ASU alums, they will host Sun Devil Sunday on December 11 and offer 15 percent off to anyone wearing ASU gear.
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USA, PA: Carbon Copy to launch in former Dock Street West Brewery location on December 10
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Kyle Wolak and Brendon Boudwin, who have two decades of combined brewery experience, will open the doors at 11 a.m. Saturday, December 10 to Carbon Copy, their beer/wine-focused restaurant at 50th Street and Baltimore Avenue, in the former West Philadelphia firehouse that formerly housed Dock Street West Brewery, The Philadelphia Inquirer reported on December 7.
They’ve brightened it up to allow sunlight to stream in from both sides. There is a combination of high-top and regular tables. Counter seating offers a view of the brewing equipment. (They make their wines in Kensington.)
The menu from chefs Bill Braun and Alyston Upshaw is what you’d call easy pub food, with solid vegetarian-forward options such as chips and dip; a mixed salad with miso garlic dressing and quinoa crunch; charred cauliflower; and gnocchi. The outlier is a pork belly dish with root vegetables, greens, and mustard au jus.
All beers are on tap and are available to go via growlers. The production of 16-ounce cans will start next year.
Both Wolak and Boudwin have worked in every aspect of production at breweries all over the world, including Modern Times Beer (San Diego), Three Floyds (Indiana), Warpigs (Copenhagen), Hill Farmstead (Vermont), and Tired Hands (Philadelphia and Ardmore),
...More info on site
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USA, WA: Lagunitas’ brewery and taproom in Seattle to close permanently early in January
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Lagunitas’ brewery and taproom in Seattle will close, permanently, on January 8th, the Washington Beer Blog reported on December 8.
The company said it will close its Seattle outpost in order to lend more focus to its locations in Petaluma and Chicago as it moves forward.
The weekend of January 6th through 8th, Lagunitas will have some great live music, along with food and drink specials. On top of that, lots of freebies and swag to give away. The closing weekend crescendos with a show by the Dusty 45s, a Seattle-based Americana outfit that takes its cues from rock, rhythm and blues, and honky-tonk.
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USA, PA: Liquid Noise Brewing to close its doors permanently
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Marysville’s Liquid Noise Brewing will be closing its doors permanently, after almost 3 years in business, Breweries in PA reported on December 5.
Known for great music and beer, Liquid Noise has been serving Marysville since it first opened almost 3 years ago in January of 2029.
The brewery announced the closure on social media in the following post:
“From a worldwide pandemic to loss of loved ones, Liquid Noise pushed through, but it saddens us to announce that just shy of our 3-year birthday our tour has come to an end. We will be closing our doors sometime in December. We will continue to operate our currents days and hours until our closing date is announced. We value all the new friends that we have made during our journey and appreciate all the loyal friends that have shown their support for us.
“We encourage you to please use any gift cards or trivia winnings at this time until we announce our final show date.”
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USA, FL: St Petersburg’s Avid Brew Company announces closure at the end of the month
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In a sad announcement for the local craft beer community, St. Pete’s Avid Brew Company announced this week that it is closing at the end of the month. The popular spot in Grand Central started as one of the city’s first homebrewing shops, and eventually opened its own microbrewery and bar in the back of the store, I Love the Burg reported on December 6.
The brewery had just undergone extensive renovations a couple years ago, though they are now one of many businesses on the block moving out as a new development project comes in. As of now, we’re unsure what the future holds for Avid beyond the assurance that “good things are coming,” though the shop and brewery are both undergoing a bit of a firesale, with brewing goods heavily marked down.
Of course, what kind of brewery would they be if the final days weren’t turned into a big party? To commemorate a wonderful run in the neighborhood, Avid is throwing a Grand Closing Party on New Year’s Eve, complete with all-you-can-drink beer for $20, live bands, and deep discounts on supplies in the brewing store.
Avid Brew Company is located at 1745 1st Ave S, and is open 12-8
...More info on site
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USA, TX: Auld Brewing Co. closes its doors in downtown Lubbock
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Downtown Lubbock saw a brewery close its doors for the final time on December 6, months after celebrating its first anniversary, the Lubbock Avalanche-Journal reported.
Auld Brewing Co. at 515 Broadway, opened on Aug. 27, 2021. Through the past several months, Auld "worked tirelessly to stay afloat," according to a company statement by Ray and Andrea Auld on social media.
"We sacrificed our family, our health and our peace, never producing the winning outcome we had hoped," the post stated. "We are grateful for the opportunity we had here in Lubbock and could not have asked for more kindness from our visitors. There is no doubt, we survived this long because of you. The continued support and loyalty of all of you will be cherished and you will forever be remembered as friends!"
While the Lubbock location has closed its doors, parts of the brewery will appear in the Borger brewery. The system will move to Borger, and the support planks will be "hung with respect to all those who came and drank with us. It is only fitting they be shown the same love in Borger."
People who want their support plank returned can stop by the Broadway building through the week and
...More info on site
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USA, OH: Headtrip Brewery to serve its last beer this month
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There was a moment about a year ago, as the clouds of the coronavirus pandemic hovered, when Tom Mitchell turned to brewer and business partner Nick Seagle with a loaded question, Cleveland.com reported on December 8.
“We were already kind of talking about just how everything’s going,” Seagle said. “And he asked, ‘Do you want to do this still?’ And I said, ‘Not really.’ And he goes, ‘Me neither.’ "
For his part, Mitchell breathed easier at that moment, the two of them near the fermenters. “Thank goodness,” he said, “because it could have been a point of contention.”
Seagle added: “It was just getting so frustrating.”
That frustration ends this month when Headtrip Brewery will serve its last beer. The pals opened the brewery in December 2017. Since then, along with Sierra Guterba working business and marketing aspects, the brewery had found its niche as a comfortable hangout in a strip mall in Stow.
Their reasons dovetailed into what is becoming a Covid refrain: Pandemic restrictions affecting the bottom line, supply-chain issues, cost increases and looming rent. They had mulled a restaurant venture but dismissed that idea. As their lease came due they made the decision to close up shop at Norton and Darrow
...More info on site
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Ukraine: Beer, malt output decline in January-November
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Ukraine’s January-November beer production (excluding zero-alcohol beer and brands below 0.5% alc. by vol.) totalled 11.32 mln hl, which is 28.1% less than a
...More info on site
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World: Barley trade forecast slightly down in USDA’s December report
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Global barley trade is forecast to reach 29.486 mln tonnes in 2022/23, the USDA said in their December report, as compared to 29.576 mln
...More info on site
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EU-27 & UK: Barley supply & demand forecast mostly unchanged
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The combined EU-27 and UK barley supply and demand forecast remains mostly unchanged, with production at 58.37 mln tonnes, RMI Analytics said in their
...More info on site
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Argentina: Barley crop forecast remains at 4.2 mln tonnes
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Much needed precipitation arrived over the past two weeks in Argentina, and although it won’t repair the earlier drought and frost impacts, it will
...More info on site
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France: Nearly all wheat and barley fields in good condition in France
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Nearly all French wheat and barley fields are in good condition as crops head into their winter dormancy phase, data from farm office FranceAgriMer showed on December 9.
Regular rainfall and warm temperatures during autumn helped sowing and early cereal growth in France, the European Union's biggest producer.
An intensifying cold spell this week is being monitored by the market although traders say the cooling of temperatures may help plants build up resistance if frosts remain moderate.
For soft wheat, France's main cereal variety, an estimated 97% of crops were in good or excellent condition in the week to Dec. 5, FranceAgriMer said.
That was down slightly from 98% the previous week and also just below a 98% rating in the same week last year, it said.
Nearly all soft wheat and barley crops had emerged and were running about a week ahead of the average growth pace of the past five years, FranceAgriMer said.
The favourable growing conditions suggest strong yield potential for next year's harvest. But French crops tend to be more affected by weather from spring onwards, like this year when drought and heat stressed crops.
FranceAgriMer will resume its weekly cereal reports in February after a winter break for the dormancy period.
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Australia & India: Australia’s craft brewer Coopers secures new distributor in India
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Coopers craft beers are available across India after the Australian brewery secured a new distributor. This follows an introduction by Austrade to VBev, one of India’s largest importers and distributors of wine, spirits and beer, the Mirage News reported on December 8.
‘Coopers is the only Australian craft beer in the Indian market,’ says John Southwell, Trade and Investment Commissioner, Austrade India. ‘VBev’s nationwide network means Coopers’ craft beers will become more widely available to Indian consumers.
‘There are not many imported craft beers as many international beer brands have set up their own breweries in India. We expect Coopers beers to do well in India, especially in states where there is less tax on beer.’
Founded in 1862, Coopers Brewery is the largest Australian-owned brewery. It makes ales, stouts and lagers and has been brewing its signature Pale Ale for 6 generations. Coopers uses only natural ingredients including malt, hops, sugar, water and a special yeast strain that’s over 90 years old.
Beer accounts for a third of the Indian alcoholic beverages market, in volume terms. Euromonitor projects the total volume of beer will increase at a 6% CAGR to reach 2.9 billion litres in 2025.
India is home to around 440 million millennials.
...More info on site
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South Korea: Hite collaborates with Australia’s Joe White Maltings on a special edition single malt beer
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South Korean brewer Hite has collaborated with Australia’s Joe White Maltings on a special edition single malt beer made exclusively from Tasmanian barley, the Beer and Brewer reported on December 5.
Terra Single Malt For Christmas is an extension of Hite’s ascendant all-malt lager brand Terra, which has been brewed exclusively from Australian grown malt supplied by Joe White since the beer’s inception in 2019.
The special edition doubles down on the Australian provenance story that underpins the beer, showcasing barley supplied by Joe White’s Tasmanian barley provider, Vaucluse Agriculture Company, which was malted at Joe White’s Devonport facility.
It is packaged in cans featuring a QR code that consumers can scan and trace the origins of the malt, from barley farm to harvest to malting – including dates, times and processes – made possible by Joe White and Vaucluse’s fully traceable supply chain.
Joe White Asia Pacific Key Account Manager Daniel Baillon said the project continues the maltster’s longstanding relationship with Hite.
“Hite was eager to offer its customers an end-to-end view of the product through a ‘grain to glass’ concept and we were able to work with valuable partners such as Vaucluse to deliver a product that was fully traceable,” he said.
“The market
...More info on site
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