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E-Malt.com Newsletter 17b
April 27 - April 30, 2023
Quote of the Week
Everything is hard before it is easy.
Goethe
Currency Rates
Base Currency: US Dollar
on April 28, 2023 |
Base Currency: Canadian Dollar
on April 28, 2023 |
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1 USD = 0.9062 EUR
1 USD = 0.8015 GBP
1 USD = 1.3618 CAD
1 USD = 1.5108 AUD
1 USD = 133.7960 JPY
1 USD = 5.0185 BRL
1 USD = 81.6333 RUB
1 USD = 6.9212 CNY
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1 CAD = 0.7342 USD
1 CAD = 0.5885 GBP
1 CAD = 0.6653 EUR
1 CAD = 1.1093 AUD
1 CAD = 98.2357 JPY
1 CAD = 3.6847 BRL
1 CAD = 59.9368 RUB
1 CAD = 5.0817 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, ID: Vantage Point Brewing becomes Coeur d'Alene's newest brewery
...Click here
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USA, OH: Lincoln Brewing Company coming to Van Wert County
...Click here
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Canada, BC: Swift Brewing officially launching in Victoria, BC
...Click here
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USA, PA: Lavery Brewing Company just hours away from opening
...Click here
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USA, NY: Wayland Brewing Company to hold grand opening on Saturday, April 29
...Click here
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USA, WY: Bull Horn Brewing to open new location in Casper
...Click here
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World: Carlsberg beats first-quarter sales forecasts, raises lower end of full-year profit guidancce
...Click here
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World: Carlsberg hikes prices after significant jump in costs
...Click here
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Australia: Barley crop forecast stable, exports slightly up on Chinese tariff news
...Click here
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Argentina: Barley crop forecast unchanged at 4.4 mln tonnes
...Click here
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Serbia: Heineken invests in new production line at Novi Sad brewery
...Click here
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World: Ricard reports bigger-than-expected decline in third-quarter sales
...Click here
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EU & UK: Crops across continent faring well but with some areas of concern
...Click here
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Ireland: Diageo’s brewery plans stalled by a lone objector
...Click here
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Jamaica: Heineken’s Red Stripe to get a new managing director
...Click here
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Graph of the Week
Table of the Week
Africa Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
29 April
1813 - Rubber is patented
1910 - The Parliament of the United Kingdom passes the People's Budget, the first budget in British history with the expressed intent of redistributing wealth among the British public
1913 - Swedish engineer Gideon Sundback of Hoboken patents all-purpose zipper
1953 - The first U.S. experimental 3D television broadcast showed an episode of Space Patrol on Los Angeles ABC affiliate KECA-TV
1977 - British Aerospace forms
30 April
1506 - Philip of Bourgondy and England sign trade agreement
1925 - Automaker Dodge Brothers, Inc is sold to Dillon, Read & Co. for US$146 million plus $50 million for charity
1939 - NBC inaugurates its regularly scheduled television service in New York City, broadcasting President Franklin D. Roosevelt's N.Y. World's Fairopening day ceremonial address
1939 - NBC/RCA 1st public TV demo with Franklin D. Roosevelt at opening of New York World's Fair
1995 - Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users
Agenda
May 2023:
07 - 10: Craft Brewers Conference & BrewExpo America 2023 (Nashville, TN, USA)
09 - 11: Worldwide Distilled Spirits Conference 2024 (Edinburgh, UK)
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)
26 - 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:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)
News Articles
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Canada: Farmers to plant more barley in 2023
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Canadian farmers expect to plant more wheat, canola, corn, barley and soybeans in 2023, Statistics Canada said on April 26.
With seeding intentions from about
...More info on site
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USA, ID: Vantage Point Brewing becomes Coeur d'Alene's newest brewery
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Coeur d'Alene's newest brewery has a unique perspective on beer making that emphasizes the importance of brewing fundamentals and beer history, Inlander.com reported on April 27.
"A lot of American breweries, they Americanize other countries' beers," says Kevan McCrummen, Vantage Point Brewing Co.'s co-owner and head brewer. These beers, he adds, are "usually more hoppy, they have more flavor, aroma or bitterness" than the original version that inspired it.
McCrummen starts by looking into a beer's history, including where it first came from, before building his brewing plan.
"All the beers that I brew I try to brew true to the origin of the beer style," McCrummen says.
To master the nuanced craft of brewing, he attended the 151-year-old Siebel Institute of Technology in Chicago and spent a month in Germany. In addition to using traditional German, continental European, and English hops and grains, McCrummen is very particular about the water he uses.
As your bladder is well aware, beer can be upwards of 95 percent water. The remaining ingredients are a variation of hops, malted grain and yeast, not including flavor additives like coffee or fruit. That makes water crucial to the process. McCrummen's brewing regimen starts with transforming tap water to specific, exact
...More info on site
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USA, OH: Lincoln Brewing Company coming to Van Wert County
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The Lincoln Brewing Company is coming to Van Wert County, the Times Bulletin reported on April 26.
The company has purchased the old DeShia building, at 11830 U.S. 127.
They’re hoping to be open by mid-July.
“It really started…me and my husband Adam and then friends of ours, Jackie and Mark Goins — they really had the idea and wanted to do it. It was just kind of a pipe dream and she’s like, let’s do this. We started researching over a year ago, looked at a lot of buildings, saw this one, and fell in love with it and we’re excited that we finally were able to nail it down and make it our own,” said Brianna Geiger, taproom manager.
Mark Goins will serve as brewmaster.
“He’s gonna brew everything from porters to stouts to pilsners, to ales — all different kinds of craft beer. We’ll probably have some kind of wine option just for those that maybe don’t want to drink beer,” Geiger said.
Geiger emphasizes the Lincoln Brewing Company is not a bar.
“We want to have families come. We’re gonna have all kinds of stuff for kids to do games. We really have a nice yard to set up some yard games like
...More info on site
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Canada, BC: Swift Brewing officially launching in Victoria, BC
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Swift Brewing is officially launching in Victoria, BC, and it certainly looks like a must-hit new spot for brew-loving folks in and around the area, the Daily Hive reported on April 27.
The fresh brewery and “good time tasting room” is located at 450 Swift Street in Victoria. It’s set to open in May.
Swift Brewing will offer a wide range of beer as well as cocktails and “basement snacks.”
This spot is brought to us by the team who created Craft Beer Market. We’re told patrons can expect the same good times and beer-fueled fun that Craft is known for at Swift too.
Swift will have a nostalgic throwback vibe. Think old-school charm with modern-day comfort.
“SWIFT will offer a range of beers, appealing to all levels of beer lovers,” says co-founder Scott Frank.
“Our passion for great beer and good times is what drives us, and we can’t wait to share that with the community.”
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USA, PA: Lavery Brewing Company just hours away from opening
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Finishing touches are underway at Lavery Brewing Company, the Erie News Now reported on April 27.
With a grand reopening just hours away, owner Jason Lavery is all smiles with a few nerves.
"I'm so excited," he said. "I'm really excited for Erie to see it. We're pumped."
Since buying the former Hungry Howie's, Lavery set about expanding his downtown business.
He's torn down walls, installed a brand new, larger bar and created a full kitchen with an expanded menu.
"We have a griddle and four burners and a pretty awesome pizza oven and a little fryer," he noted.
A facelift of sorts, much like the ones other parts of downtown Erie are seeing.
Lavery says he's proud to be part of that construction, taking an active role in rebuilding his home.
"Bringing people in from out of town like we tend to do with tourists and family and friends, people see all these cranes erecting new buildings and all this construction everywhere, it's awesome to be a part of that," he said. "I feel like Erie's on the upward swing and trajectory, and we're glad to be a part of it."
The countdown is nearly over, with a grand reveal set for noon Friday,
...More info on site
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USA, NY: Wayland Brewing Company to hold grand opening on Saturday, April 29
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Wayland Brewing Company, located at the former American Legion Post 567 at 3740 N Buffalo Street in Orchard Park, announced its grand opening will be on Sunday, April 29 at 5 p.m., WKBW reported.
"We are beyond excited to welcome you into a project that was created with a lot of hard work, thoughtfulness, and determination," a post on its Instagram says.
It has an on-site brewery, tap room, full kitchen, an expansive outdoor courtyard, and a large event space that can be rented to host weddings and other private gatherings. It also has a lounge area and private suites. Regulation bocce courts, fire pits, and seating for 180 people will add to the courtyard area.
Brad Rowell and Caryn Dujanovich, the masterminds behind The Grange in Hamburg and West Rose in Ellicottville are also the masterminds behind Wayland Brewing Company.
"We are really focusing on every aspect of the experience. We want to have the best beer in the country and want to serve some of the best food you can have in any brewery in the area," Rowell told 7 News in December. "From the design, to the music to the lighting, to the ambience, we want to cover it all."
"We are
...More info on site
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USA, WY: Bull Horn Brewing to open new location in Casper
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When Bull Horn Brewing opens up at its new location in the former Yellowstone Garage Bar and Grill in Casper in May, the brewery will mark the occasion with the Memorial Day Weekend Car Show and Cruise-in and other festivities, Oil City News reported on April 27.
Previously called the Cruzin’ with the Oldies Car Show, Bull Horn Brewing owner Holden Kai said the decision was made to change the name as the event is not affiliated with the organizers of a car show of the same name. The event is scheduled for Saturday, May 27.
The car show kicks off at 7 a.m. at the soon-to-be new Bull Horn Brewing location, 355 W. Yellowstone Highway, and will continue until 2 p.m.
“Parking is free and anyone can participate,” Kai said. “Just pull up and someone will direct you to where to park, but there’s no cost to take part.”
The car show will feature a burnout challenge, Kai said. Additionally, there will be games, face painting, food trucks and more. Among the culinary options will be breakfast burritos and breakfast sandwiches on sale from 8 a.m. to 2 p.m. Bull Horn Brewing will also be serving lunch and dinner, though it will only
...More info on site
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World: Carlsberg beats first-quarter sales forecasts, raises lower end of full-year profit guidancce
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Danish brewer Carlsberg beat first-quarter sales forecasts on April 27 and raised the lower end of its full-year profit guidance range following strong beer
...More info on site
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World: Carlsberg hikes prices after significant jump in costs
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Brewing firm Carlsberg said it hiked prices over the first quarter of the year in order to offset “significantly” higher costs, The Independent reported
...More info on site
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Australia: Barley crop forecast stable, exports slightly up on Chinese tariff news
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Australia barley crop 2023 production forecast remains at 10.88 mln tonnes but exports forecast is slightly up and ending stocks drop on the Chinese
...More info on site
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Vietnam: Sabeco’s after-tax profit up 40% in 2022
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Brewer Sabeco said its after-tax profit rose by 40% last year to VND5.5 trillion.
Vietnam’s biggest brewer had net revenues of VND34.98 trillion, an increase
...More info on site
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Argentina: Barley crop forecast unchanged at 4.4 mln tonnes
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RMI Analytics said their barley crop 2023 forecast for Argentina remains at 4.4 mln tonnes, with increased exports upon a normal crop result and,
...More info on site
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Serbia: Heineken invests in new production line at Novi Sad brewery
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Heineken Serbia, a unit of the Dutch brewing group Heineken, said it has invested 16 million euros in a new production line for bottling and canning beer and the development of the production line for packing bottled beer at its factory in Novi Sad, which will increase the factory’s output by 50%, the Serbian Monitor reported on April 27.
At the same time, carbon dioxide emissions have been reduced by more than 1,000 tonnes annually, 20 percent more compared to the previous year, with almost 100 percent utilization of total production capacities achieved.
“Heineken has so far invested more than 220 million euros in Serbia, and in the last two years alone, capital investments made in the brewery in Novi Sad amounted to 16 million euros,” Heineken Serbia director general Nada Djokic said in a press release on April 26.
The Dutch brewing group operates two factories in Serbia — in Zajecar and Novi Sad.
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World: Ricard reports bigger-than-expected decline in third-quarter sales
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French spirits group Pernod Ricard reported a bigger-than-expected decline in third-quarter sales but said it was confident of delivering a strong performance over the
...More info on site
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EU & UK: Crops across continent faring well but with some areas of concern
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Over the last few weeks, focus in global grain markets has very much turned to new crop conditions in the northern hemisphere, so it’s
...More info on site
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Ireland: Barley production up 1.9% in 2022
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Ireland’s creal production grew by 3.7% following a strong year for wheat, oat and barley growth, new figures from the CSO reveal.
New data also shows significant increases in winter wheat, up 9.1% year-on-year, with winter oats also seeing growth of 9.7% in the same period.
The yield of wheat rose by 0.1 tonnes per hectare, up by 0.8%, with barley falling by 0.1 tonnes per hectare, a decrease of 1.5%. Oats were up by 0.2 tonnes per hectare, representing a rise of more than 2% year-on-year.
According to the CSO, wheat production grew by 57,600 tonnes, up 8.7%, with barley growing by 28,900 tonnes (1.9%) and oats by 3,300 tonnes (1.4%).
Speaking on the findings, Donal Kelly, Senior Statistician in Agriculture Surveys said “Overall, there was an increase in the production of wheat, oats, and barley crops in 2022.” “Production of beans and peas rose from 54,400 tonnes to 65,700 tonnes in 2022, up by more than 20%.”
According to Mr Kelly, the growth was largely driven by an increase in the area sown of 1,100 hectares and an improvement in the yield from 5.6 tonnes per hectare to 6.1 tonnes per hectare.”
Despite strong growth in wheat, oat and barley production, Mr
...More info on site
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Ireland: Diageo’s brewery plans stalled by a lone objector
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Brewing giant Diageo’s plans for a €200 million brewery on a greenfield site outside Newbridge are being stalled by a Kildare man who believes it should instead be built in Athy, The Irish Times reported on April 27.
John Lynch, from Athy, is the sole objector to the proposal. He has lodged an appeal with An Bord Pleanála against Kildare County Council’s decision last month to grant planning permission for the project.
The new 24/7 facility will brew lagers and ales including Rockshore, Harp, Hop House 13, Smithwick’s, Kilkenny and Carlsberg. The new brewery will deliver 70 jobs when operational and is designed to support the future growth of Diageo Ireland’s beer brands.
It will have a capacity of two million hectolitres and will be the second largest brewing operation in Ireland after Diageo’s operation at St. James’s Gate.
Mr Lynch of Cloney, Athy said the proposal for a site at Littleconnell should be rejected and the brewery built instead in Athy on environmental grounds.
Mr Lynch said that if there was ever a competition for a future brewery site of this scale in this country, Athy “would win out by miles from a financial point of view”.
He said that he was now calling for
...More info on site
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Jamaica: Heineken’s Red Stripe to get a new managing director
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Red Stripe, part of the Heineken Company, is making a change at the top, the Jamaica Observer reported on April 27.
The beer maker announced in a press release that Luis Prata, who joined the company as managing director in August 2019 will end his assignment, effective June 30, 2023. Prata will be replaced by Daaf van Tilburg, who is currently managing director of Brasserie Nationale d’Haïti (BRANA), which is also part of the Heineken Company, effective July 1, 2023.
Prata will assume the role of managing director at Heineken Slovakia, with effect July 1, 2023.
Since August 2019, Prata has been leading Red Stripe through a period of transformation, “successfully delivering numerous projects that have improved the company performance,” the release stated.
According to the release, during his tenure, Prata piloted the company through the turbulent years of COVID-19, implementing several initiatives that ensured the safety and health of the team while supporting customers with the initiative “For our Bars, For Jamaica”.
He also developed the company’s premium portfolio especially through Heineken and the launch of Heineken 0.0, the company said, adding that Prata also contributed significantly to the development of the beer sector with innovations such as Red Stripe Melon, Guinness Smooth and
...More info on site
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