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E-Malt.com NewsLetter
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RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles






Last five graphs

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Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



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E-Malt.com Newsletter 10a
March 07 - March 09, 2023


Quote of the Week

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Currency Rates


Base Currency: US Dollar
on March 08, 2023
Base Currency: Canadian Dollar
on March 08, 2023
      1 USD = 0.9404 EUR
1 USD = 0.8364 GBP
1 USD = 1.3666 CAD
1 USD = 1.5014 AUD
1 USD = 136.3510 JPY
1 USD = 5.1688 BRL
1 USD = 75.5612 RUB
1 USD = 6.9435 CNY
      1 CAD = 0.7316 USD
1 CAD = 0.6119 GBP
1 CAD = 0.6880 EUR
1 CAD = 1.0985 AUD
1 CAD = 99.7557 JPY
1 CAD = 3.7815 BRL
1 CAD = 55.2814 RUB
1 CAD = 5.0800 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA: Beer shipments drop 4.4% in January 2023 ...Click here
Barley news Canada: Barley exports slow down in January ...Click here
Brewery news USA, KY: Goodwood Brewing + Spirits coming to Bowling Green for their 6th location ...Click here
Brewery news USA, MD: The Other One Brewing Company becomes Ocean City’s newest brewery ...Click here
Brewery news USA, OR: Ex Novo Brewing puts its two Oregon locations up for sale ...Click here
World News
Brewery news World: Analysts warn beer industry of further upcoming costs ...Click here
Brewery news The Philippines: San Miguel Food and Beverage sees 10% profit increase in 2022, beer division revenue climbs 17% ...Click here
Brewery news The Netherlands & Russia: Heineken blames delay in Russia exit on local bureaucracy ...Click here
Barley news Australia: Barley crop 2022-23 sits as third-largest crop on record ...Click here
Brewery news World: Carlsberg CEO to retire at the end of September ...Click here
Brewery news Kenya: Diageo succeeds in raising EABL stake to 65 percent ...Click here
Barley news Kazakhstan: Barley, wheat production in Kazakhstan improve in 2022-23 ...Click here
Barley news Ukraine: Most of Ukraine's winter grain crops in good condition ...Click here
Barley news World: Carlsberg plans expanded regenerative barley usage across brands in the UK, Finland, and France ...Click here
Graph of the Week


Table of the Week

Asia Barley Imports, Production, Consumption, and Stocks


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


07 March
1876 - 1876 Alexander Graham Bell receives U.S. Patent for his "Improvement in Telegraphy"
1878 - The Toronto Stock Exchange is incorporated
1932 - Thousands of Ford Motor Co. workers stage a "Hunger March" to the immense River Rouge factory complex, protesting Henry Ford's decision to cut the company's minimum wage from $7 per day to $4 per day

08 March
1706 - Vienna's Wiener Stadtbank established
1927 - Pan American Airlines (World Airways) incorporates
1946 - 1st helicopter licensed for commercial use
1979 - Philips demonstrates the Compact Disc publicly for the first time

09 March
1861 - Confederate currency authorized-$50, $100, $500, $1,000
1959 - 1959 Barbie, the popular girls' doll, debuted, over 800 million sold
1987 - 1987 Chrysler Corp offered to buy American Motors Corp for $1 billion


Agenda

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)
20 - 24: IBD Asia Pacific Convention 2023 (Adelaide, Australia)
23 - 25: Warsaw Beer Festival 2023 (Warsaw, Poland)
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)
21 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
24 - 25: 34d International VLB Craft Brewing Conference (Online)
25 - 27: InnBrew 2023 (Barcelona, Spain)
26 - 28: Barcelona Beer Festival 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)
10 - 11: Bruges Beer Festival 2023 (Bruges, Belgium)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
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)
18 - 19: Beervana 2023 (Wellington, New Zealand)

September 2023:
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
18 - 20: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)

October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
19 - 20: Brew Asia 2023 (Ho Chi Minh City, Vietnam)
20 - 21: Salon du Brasseur 2023 (Parc Expo Nancy, France)
21 - 23: Whisky Live Paris 2023 (Paris, France)

November 2023:
28 - 30: Brau Beviale 2022 (Nuremberg, Germany)

December 2023:
06 - 08: Drink Japan 2023 (Makuhari Messe, Japan)

February 2024:
23 - 25: Finest Spirits 2024 (Munich, Germany)

More events are available on site e-malt.com

News Articles


Brewery newsUSA: Beer shipments drop 4.4% in January 2023
U.S. brewers shipped more than 11.1 million barrels of product in January 2023, a decline of -4.4% year-over-year (YoY), according to the Beer Institute ...More info on site


Barley newsCanada: Barley exports slow down in January
Canadian barley exports slowed down in January, but out-of-country movement is still running ahead of the year-ago pace, according to updated export data from ...More info on site


Brewery news USA, KY: Goodwood Brewing + Spirits coming to Bowling Green for their 6th location
Downtown BG announced that Goodwood Brewing + Spirits will be coming to Bowling Green for their 6th location, WBKO reported on March 3.

SoDo District BG should see construction starting soon downtown on State Street with a Fall/Winter 2023 opening date.

More updates will come as progress is made in the SoDo District.


Brewery news USA, MD: The Other One Brewing Company becomes Ocean City’s newest brewery
The newest brewery in Ocean City, at 2305 Philadelphia Ave. inside the building below Surf’s Up Arcade, will have its grand opening on Friday, March 3 at noon, DelmarvaNow.com reported.

Nathan Todd, founder and head brewer of The Other One Brewing Company, said, “I think this is going to be a place that people are going to be able to come, and they're going to love it because we’ll always have good jams on. It's a friendly and inviting atmosphere, so it's a very chill type of place.”

For 10 years he worked at the now closed Backshore Brewing Co. at 10th street on the Boardwalk. Todd started as a bartender and worked his way up to head brewer and manager.

“When it shut down, I had offers to go work at some other breweries. But ultimately, it was just a decision of why not do my own thing. I had a pretty good following and had my own recipes and all that stuff,” he said.

One of those recipes that carried over from Backshore is now called Table 1. It’s a brown ale that was popular with a mug club, leading Todd to rebrand it for The Other One Brewing Company.

For the grand ...More info on site


Brewery news USA, OR: Ex Novo Brewing puts its two Oregon locations up for sale
Ex Novo Brewing, the North Portland brewery founded in 2014 with a mission to give back to the community, has put its two Oregon locations up for sale, owner and founder Joel Gregory confirmed to The Oregonian/OregonLive on March 3.

Gregory founded the brewery on North Flint Avenue then in 2019 opened a pizza pub in historic downtown Beaverton. He confirmed both of those are up for sale as turn-key operations, ready to be taken over by new ownership and immediately continue operating.

“This is a decision that my wife and I have come to,” he said. “It’s been something that’s been stewing for quite a while.”

Gregory grew up in New Mexico, and in summer 2019 he opened Ex Novo’s third location — in Corrales, New Mexico. He moved back home with his immediate family to be close to extended family and open the brewery.

The Southwest has provided a “really good market,” Gregory said at the time. He recently announced a second location will open in Albequerque, New Mexico, while simultaneously scuttling plans for a third Oregon location in Hillsboro.

But he said the pandemic made it exceedingly difficult to run several locations in two states.

“Try as we have for the past four ...More info on site


Brewery newsWorld: Analysts warn beer industry of further upcoming costs
An increase in inflation-driven production costs, to a degree that has not been seen in decades, is set to create further issues for brewers.

In ...More info on site


Brewery newsThe Philippines: San Miguel Food and Beverage sees 10% profit increase in 2022, beer division revenue climbs 17%
Consumer giant San Miguel Food and Beverage Inc. (SMFB) saw profits in 2022 increase 10 percent to P34.7 billion on strong volume growth and ...More info on site


Brewery newsThe Netherlands & Russia: Heineken blames delay in Russia exit on local bureaucracy
Heineken on March 7 blamed the delay in its Russia exit on local bureaucracy that it said was beyond its control, and reiterated it ...More info on site


Barley newsAustralia: Barley crop 2022-23 sits as third-largest crop on record
Australia is estimated to have produced 39.2 million tonnes (mln tonnes) of wheat, 14.1 mln tonnes of barley and 8.3 mln tonnes of canola ...More info on site


Brewery news World: Carlsberg CEO to retire at the end of September
Carlsberg's Chief Executive Cees 't Hart will retire at the end of September, the Danish brewer said on March 7, after he has seen through the sale of its Russian business, Reuters reported.

Hart, the main architect behind Carlsberg's strategic shift from Russia towards China and a bet on prioritising price over volume, was hired in 2015, partly to help restore sluggish sales in its Eastern Europe brewing business.

During his eight years in charge he has successfully focused on cutting costs and improving sales of premium beers to compete with its larger rivals Heineken and AB InBev.

Carlsberg shares have risen more than 60% during Hart's tenure, outperforming AB InBev and Heineken, whose shares have dropped around 47% and risen around 45% respectively.

"He has done a very good job of stabilizing profits and taking out risk at Carlsberg," Nordnet analyst Per Hansen said after the Danish brewer said in a statement that Hart planned to leave by the end of the third quarter.

Carlsberg's shares fell 3.5% at market open in Copenhagen, but later pared losses and were 0.7% lower at 1118 GMT.

"Given his strong track record and the lack of a clear successor, we see today's news as negative," JP Morgan analysts ...More info on site


Brewery news Kenya: Diageo succeeds in raising EABL stake to 65 percent
British multinational Diageo’s offer to buy an extra 14.97 percent stake in East African Breweries Plc (EABL) has been oversubscribed in the first phase of the offer, signalling high investor appetite for the premium the company offered for the shares, the Business Daily reported on March 7.

Diageo on March 6 said it has been offered 122.018 million shares by EABL owners in the initial phase, which closed on February 24, which is higher than the entire number of 118.394 million units the company is looking to buy in two steps.

The three percent oversubscription means that allocations will now be done on a prorated basis as earlier advertised by Diageo, prioritising early bidders who were on the EABL shareholder register by January 16 (the record date of the offer).

The London-based company is executing the acquisition of the additional stake through its wholly-owned subsidiary Diageo Kenya, through which it already holds a 50.03 percent stake in EABL.

This stake will rise to 65 percent now that Diageo has already achieved offers exceeding its target.

The company is buying 118.4 million shares in the brewer at a cost of Sh192 per unit, which puts the total purchase cost at Sh22.7 billion.

“As of the first closing, ...More info on site


Barley news Kazakhstan: Barley, wheat production in Kazakhstan improve in 2022-23
Wheat and barley production in Kazakhstan improved in 2022-23, with both experiencing a 39% increase from the previous year, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).

Wheat production is estimated at 16.4 million tonnes, the highest since 2017-18, with improved weather and precipitation. Barley production is estimated at 3.3 million tonnes.

Kazakhstan exported 3.7 million tonnes of wheat in 2022-23, a 31% increase from the previous year. Uzbekistan, Afghanistan, and Tajikistan remained the top three buyers of Kazakhstani wheat and wheat flour.

Based on the increase in wheat production and strong demand from traditional export markets, the USDA estimates wheat and wheat flour exports for 2022-23 to be 9.5 million tonnes, which is a 7% increase from the previous year.

The USDA estimates barley exports to be 900,000 tonnes, doubling last year’s export volume. This estimated increase is due to higher production and trader expectations that they will regain market share to Iran, Uzbekistan and China.


Barley news Ukraine: Most of Ukraine's winter grain crops in good condition
Most of Ukraine's winter grain crops - winter wheat and barley - are in good condition, Ukraine's academy of agricultural science was quoted as saying on March 6.

"The analysis of the viability of winter wheat ... showed that the vast majority of plants - 92% to 97%, depending on the predecessor and sowing date - were in relatively good condition," the APK-Inform consultancy quoted a report by the academy as saying.


Barley news World: Carlsberg plans expanded regenerative barley usage across brands in the UK, Finland, and France
Carlsberg Group is forging ahead in its global move towards regenerative farming. The beer giant is taking strides with three pioneer brands in the UK, Finland and France, on its journey towards 100% regenerative agricultural practices by 2040, PR Newswire reported on March 6.   

The brand commitments form part of the Group's new ZERO Farming Footprint ambition within its recently launched ESG programme, Together Towards Zero and Beyond. Within this, the Danish brewer has committed to sourcing 30% of all agricultural raw materials from regenerative practices and sustainable sources globally by 2030, reaching 100% by 2040. Aiming to promote biodiversity, restore soil health and support natural carbon capture, regenerative agriculture is an important part of the fight against climate change and biodiversity loss.

Through some of its most demanding targets yet, Carlsberg Group hopes that working toward and delivering on this new ambition will help accelerate the beer industry's transition to a regenerative model. And while rethinking the 'farm to bottle' process is a challenging journey, requiring multiple stakeholder alignments and value chain reconfigurations, the early examples emerging in the UK, Finland and France are encouraging:  

In the UK, Carlsberg Marston's Brewing Company (CMBC) has committed to 100% regenerative barley ...More info on site


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