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E-Malt.com Newsletter 16b
April 20 - April 23, 2023
Quote of the Week
Nothing ever tasted better than a cold beer on a beautiful afternoon with nothing to look forward to than more of the same.
Hugh Hood
Currency Rates
Base Currency: US Dollar
on April 21, 2023 |
Base Currency: Canadian Dollar
on April 21, 2023 |
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1 USD = 0.9120 EUR
1 USD = 0.8039 GBP
1 USD = 1.3469 CAD
1 USD = 1.4860 AUD
1 USD = 134.4490 JPY
1 USD = 5.0614 BRL
1 USD = 81.5869 RUB
1 USD = 6.8787 CNY
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1 CAD = 0.7423 USD
1 CAD = 0.5968 GBP
1 CAD = 0.6770 EUR
1 CAD = 1.1031 AUD
1 CAD = 99.8075 JPY
1 CAD = 3.7573 BRL
1 CAD = 60.5654 RUB
1 CAD = 5.1064 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley supplies projected sharply up in 2022-23
...Click here
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Canada, QB: Microbreweries asking to be allowed to deliver beer to customers
...Click here
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USA, NC: Flyway Brewing to take over Apple Blossom Brewing Company’s space in Fayetteville
...Click here
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USA, PA: Boal City Brewing Taproom and Beer Garden officially open and off to strong start
...Click here
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USA, FL: Warrior Beer Company planning two-phase opening in Pensacola
...Click here
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USA, CO: Denver’s Fiction Beer Company opening second brewery in Parker
...Click here
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Finland & Belarus: Olvi Group’s net sales increase in Q1, operating result affected by Belarus fine
...Click here
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Malaysia: Carlsberg Brewery Malaysia expects this year to remain challenging
...Click here
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World: Barley crop forecast down on low European supply
...Click here
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Europe: Bearish tone dominating across European barley markets
...Click here
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Australia: Barley exports total 955,751 tonnes in February
...Click here
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Myanmar: Beer giants allegedly paying tax to military junta
...Click here
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India: Som Distilleries and Breweries Ltd. commences production at new Karnataka facility
...Click here
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Graph of the Week
Table of the Week
UK Unroasted Malt Exports 1995 - 2023
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
20 April
1926 - 1st check sent by radio facsimile transmission across Atlantic
1946 - The League of Nations officially dissolves, giving most of its power to the United Nations
1948 - 1st Polaroid camera was sold in US
1964 - BBC Two launches with a power cut because of the fire at Battersea Power Station
1973 - Canadian ANIK A2 becomes 1st commercial satellite in orbit
21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom
22 April
1864 - The U.S. Congress passes the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States currency
1924 - Hague Chambers of Commerce forms
1969 - 1st human eye transplant performed
1991 - Intel releases 486SX chip
23 April
1851 - Canada issues its 1st postage stamps
1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula
Agenda
April 2023:
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: Craft Beer China 2023 (Shanghai, China)
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)
10 - 11: Bruges Beer Festival 2023 (Bruges, Belgium)
12 - 13: IGC Grains Conference 2023 (London, UK)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
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)
News Articles
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Canada: Barley supplies projected sharply up in 2022-23
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For 2022-23, Canadian barley supplies are projected at 10.6 million tonnes (Mt), up sharply from last year’s record low of 7.9 Mt, Agriculture and Agri-Food Canada said in their April report.
Total domestic use is forecast at 6.0 Mt, up 28% from last year on higher feed and industrial use. Total exports are projected at 3.7 Mt, up 37% from last year. The major international destinations for Canadian barley and products include China, the US, Japan and Mexico.
Carry-out stocks are projected at 0.9 Mt, rising sharply from last year’s record low and marginally above the previous five-year average.
The Lethbridge feed barley price continued to drop over the past month but in a gentle manner. For the crop year to-date, the Lethbridge feed barley price averaged around C$418/tonne (t), versus C$429/t for the same period a year ago. For the entire crop year, the Lethbridge feed barley average price is forecast at C$410/t, down nearly C$20/t from last year’s record high.
According to the US Department of Agriculture (USDA)’s March Grain Stocks report, US barley stocks in all positions on March 1, 2023, were higher than a year ago. At 88.7 million bushels (Mbu), US barley stocks were up by 22% from a
...More info on site
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Canada, QB: Microbreweries asking to be allowed to deliver beer to customers
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Microbreweries want the right to deliver their beers directly to their customers' homes, so the Association des microbrasseries du Québec (ABQ) is asking the Legault government to change the regulations, CTV News Montreal reported on April 20.
"We want to highlight how nonsensical it is that in 2023, consumers will be able to purchase almost any consumer goods from their homes, but microbreweries don't have access to this distribution channel," said ABQ executive director Marie-Ève Myrand, in an interview ahead of Quebec's Microbrew Week, which begins on April 21.
This is not the first time the association has tried to influence Quebec to obtain this regulatory relaxation. At the height of the health restrictions, the ABQ made this request while its members were hard hit by a drop in traffic.
The Legault government adopted regulatory relaxations in December 2020, allowing restaurants -and by the same token microbreweries that also sell food - to deliver alcohol as long as it is accompanied by a meal.
"The ABQ would like to see the regulations relaxed so that beer can be delivered unaccompanied, as is already possible in other Canadian provinces such as Alberta, British Columbia and Ontario," said Myrand. "I would say that things are evolving
...More info on site
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USA, NC: Flyway Brewing to take over Apple Blossom Brewing Company’s space in Fayetteville
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Fayetteville Flyer reported on April 18 that Fayetteville’s Apple Blossom Brewing Company will be closing on Saturday, April 22, and North Little Rock’s Flyway Brewing is said to be taking over the space at 1550 E. Zion Road.
Apple Blossom’s Facebook post said that it will have a new project located right next door.
Matt Foster opened Flyway Brewing in North Little Rock’s Argenta neighborhood at 314 Maple St. in 2015. Over the past eight years it’s developed a solid reputation for its many beer varieties — its Bluewing Berry Wheat is wildly popular — and its lively tap room located a few blocks north of Dickey-Stephens Park.
Rumors of Flyway expanding into Fayetteville have been floating for a while. Additionally, Flyway was one of the businesses announced for the new Breckenridge Village redevelopment.
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USA, PA: Boal City Brewing Taproom and Beer Garden officially open and off to strong start
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Centre County’s newest brewery, Boal City Brewing Taproom and Beer Garden, has officially opened and is off to strong start, Yahoo News reported on April 19.
The brewery, which is located on the Boal Mansion Museum grounds, includes a 1,000-square-foot and seven-barrel brew house and 1,500-square-foot taproom. There is additional outdoor space with picnic tables, other seating and games.
The brewery opened last Wednesday, April 12 for a “soft open” for family and friends, owner Gordon Kauffman said in a phone interview.
“We had great weather and we had great beer and we had a super successful first few days. In fact, the operations ran so smoothly that we ended up just opening it up to the public … on Saturday. We were open, we didn’t have a grand opening or anything like that. We just sort of filtered from the soft to the open to the public on Saturday,” Kauffman said.
They’ve gotten a lot of positive feedback, he said. People not only love the beer, but also the atmosphere and because it’s family and pet friendly with lots of outdoor space, he said.
“We had some fire pits rolling over the weekend, so it was great. It was a lot of fun. The
...More info on site
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USA, FL: Warrior Beer Company planning two-phase opening in Pensacola
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One of the most difficult parts of being a veteran is processing what happened after you come home. As the son of a Vietnam veteran, Pensacola resident Gary Hefner understood this firsthand. He watched as his father struggled with civilian life until his death by suicide. Part of Hefner’s life mission is now to support veterans, especially in their struggles with mental health, the Pensacola News Journal reported on April 17.
This is why his new brewery on Pensacola’s west side, Warrior Beer Company at 10605 Sorrento Road, will be the next piece in his mission to give veterans a safe space to have lifechanging conversations.
“I think some of my best conversations and most open conversations have been when you have a couple of beers or cocktails and you just kind of let down some of those walls to talk,” Hefner said.
The space will not only provide a comfortable atmosphere stretching almost 11 acres and an occasional view of the Blue Angels flying by overhead, but will be loaded with high quality wine, seltzers and about 20 house-made beers on tap. He even plans to have a tap wall that will allow people to walk up and serve themselves.
“The idea is
...More info on site
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USA, CO: Denver’s Fiction Beer Company opening second brewery in Parker
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Denver’s Fiction Beer Company (Fiction) is ready to write its next chapter by opening a second brewery and taproom location in Parker, CO., PorchDrinking reported on April 20.
The iconic book-themed brewery, which has gained notoriety over recent years for its proficiency in brewing Hazy IPAs, Lagers, and specialty barrel-aged beers, slush-styles, and seltzers, is primed to extend its reach by opening a second location at 19523 Hess Rd, Parker, CO. Fiction Beer Company’s Parker location, which is slated to open in May 2023, will once again feature the brand’s iconic signature book bar, a spacious taproom, and will eventually add an outdoor patio space as well.
Additionally, Fiction’s Parker location will also house a six-barrel brewing system, which will be used for experimental small-batch recipes, one-off styles, and will occasionally be used to help supplement Fiction’s current brewing operation.
However, what makes this new outpost so unique is that it will be owned and operated by Fiction employee, Chris Belila, under his company The Beer Bodega. Belila had been a long-time regular of the brewery at their original East Colfax location before joining the team as a part-time bartender in 2017. Earlier this year, Belila left his full-time corporate role to pursue
...More info on site
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Finland & Belarus: Olvi Group’s net sales increase in Q1, operating result affected by Belarus fine
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Finland’s Olvi Group’s net sales increased in the first quarter, driven by strong demand, but purchase costs remained high, the company said in a
...More info on site
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Malaysia: Carlsberg Brewery Malaysia expects this year to remain challenging
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Carlsberg Brewery Malaysia Bhd expects this year to remain challenging as a result of the global recession, escalating commodity prices and rising local and
...More info on site
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World: Barley crop forecast down on low European supply
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Barley crop 2023 forecast has been lowered to 145.6 mln tonnes, mainly on lower European supply (Spain), while crop 2022 estimate remains unchanged at
...More info on site
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Europe: Bearish tone dominating across European barley markets
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Overall, a bearish tone dominates across European (and global) barley markets which is mainly related to expectations of intense competition following Australia’s return as
...More info on site
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Australia: Barley exports total 955,751 tonnes in February
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Australia exported 955,751 tonnes of barley and 60,604t of sorghum in February, according to the latest data from the Australian Bureau of Statistics.
Of the 41,896t of malting barley shipped in February, Mexico with 63,000t was the destination for almost half, with Vietnam on 4762t the second-biggest market and Singapore on 3370t the third.
Australia shipped 913,855t of feed barley in February, with 277,500t of it bound for Saudi Arabia, and Japan on 150,305t the second-biggest market, followed by Thailand on 129,379t.
China on sorghum was the largest market for February-shipped sorghum with 56,549t, with Taiwan on 2790t the second-biggest market, and The Philippines with 1100t the third.
“As expected, barley exports saw a good recovery on volumes month on month, notching up our second-largest month for the year,” Flexi Grain pool manager Sam Roache said.
“Volumes were supported by a recovery in Saudi shipments, along with a big month for Japan, Vietnam, Jordan and Kuwait.
“Thailand was probably the most notable, with the around 130,000t being its largest month of shipments in years.”
Mr Roache said this showed barley’s relative value has dropped to the level where it is promoting marginal demand versus both corn and feed wheat in Asia.
“This goes against the notion that barley
...More info on site
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Myanmar: Beer giants allegedly paying tax to military junta
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Brewery giants Heineken, Carlsberg and ThaiBev are allegedly paying tens of millions in tax to the Myanmar military junta, according to a Justice For
...More info on site
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India: Som Distilleries and Breweries Ltd. commences production at new Karnataka facility
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Shares of Som Distilleries and Breweries Ltd. advanced the most in nearly three weeks after the company started commercial production at its facility in Karnataka, BQ Prime reported on April 19.
The company commenced commercial production in an expanded capacity at a facility in Karnataka's Hassan, according to an exchange filing.
"This will lead to better supply of our products across all the distribution points in the relevant markets," the company said.
This will also enable Som Distilleries to take advantage of the peak beer consumption season, it said.
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