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E-Malt.com Newsletter 22b
June 01 - June 04, 2023
Quote of the Week
I'm not a product of my circumstances. I am a product of my decisions.
Stephen Covey
Currency Rates
Base Currency: US Dollar
on June 02, 2023 |
Base Currency: Canadian Dollar
on June 02, 2023 |
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1 USD = 0.9329 EUR
1 USD = 0.8013 GBP
1 USD = 1.3520 CAD
1 USD = 1.5299 AUD
1 USD = 139.2160 JPY
1 USD = 5.0373 BRL
1 USD = 81.0581 RUB
1 USD = 7.1002 CNY
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1 CAD = 0.7395 USD
1 CAD = 0.5926 GBP
1 CAD = 0.6899 EUR
1 CAD = 1.1314 AUD
1 CAD = 102.9550 JPY
1 CAD = 3.7253 BRL
1 CAD = 59.9452 RUB
1 CAD = 5.2509 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada, AB: Meta Brewery announces opening of bricks-and-mortar facility in Calgary
...Click here
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USA, GA: Scofflaw Brewing Co. expanding operations to include brewery and taproom in Buckhead
...Click here
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USA, CA: Pro-Five Brewing Company already open in Upland
...Click here
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USA, ME: Brickyard Hollow Brewing Co. opens its latest brewpub in New Gloucester
...Click here
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World: Barley crop 2023 forecast reduced by 2.8 mln tonnes
...Click here
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EU: 2022-23 barley exports total 5.93 mln tonnes to-date
...Click here
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Australia: Barley, other winter crops area forecast to be up this season
...Click here
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China: Carlsberg sues Tibet Development for hindering sale of Lhasa Beer
...Click here
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UK: Barley exports in 2022/23 seen up 50% on the year
...Click here
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Australia & China: China’s review of Australian barley tariffs heading in the right direction – Australian Trade Minister
...Click here
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The Philippines: Philippine billionaire Ramon Ang to increase his stake in San Miguel parent company
...Click here
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Graph of the Week
Table of the Week
World Hop Crop and Alpha Acid Production 2020-2022s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 June
1812 - The State of New York charters a new institution called City Bank of New York, called today Citigroup
1880 - 1st pay telephone installed
1939 - Stockbrokers are officially designated as "registered representatives"
1980 - Cable News Network (CNN) begins broadcasting
2009 - General Motors files for Chapter 11 bankruptcy. It is the fourth largest United States bankruptcy in history
02 June
1891 - Work on trans-Siberian railway begins
1907 - Taxis 1st began running in New York City
1977 - Trans Alaska oil pipeline completed
03 June
1748 - Amsterdam establishes municipal postal service
1889 - The transcontinental Canadian Pacific Railway is completed
1903 - Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 - Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
04 June
1070 - Roquefort cheese created in a cave near Roquefort, France
1875 - Pacific Stock Exchange opens
1896 - Henry Ford completes the Ford Quadricycle, his first gasoline-powered automobile, and gives it a successful test run
1953 - Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so
Agenda
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:
01 - 05: Great British Beer Festival 2023 (London, UK)
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:
04 - 06: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
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, AB: Meta Brewery announces opening of bricks-and-mortar facility in Calgary
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A year after entering the market with contract brewed versions of its initial brands, Meta Brewery has announced the opening of its own bricks-and-mortar facility in Calgary, the Canadian Beer News reported on May 31.
Founded by Mandeep Singh and featuring beers created by brewmaster Andreas Althof, Meta officially started operations in early May, and is “committed to pushing the boundaries of flavour and redefining the art of brewing”.
Meta Brewery products are available at select beer retailers across Alberta and Saskatchewan, with plans to expand distribution into British Columbia, Manitoba, and other provinces later this year. The brewery is not currently open the public, but a taproom and retail store will be opening soon.
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USA, GA: Scofflaw Brewing Co. expanding operations to include brewery and taproom in Buckhead
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Georgia-based Scofflaw Brewing Co. will expand its operations with a planned Buckhead taproom and brewery at Oxton, a retail development at Piedmont Center Atlanta, Yahoo News reported on May 31.
Scofflaw is the first tenant to sign on to the property, according to a release from Ardent Companies, Oxton’s developer.
The brewery will open the spot in Buckhead in 2024, marking its fourth location since being founded in Atlanta in 2015.
Under the current plan for the new location, Scofflaw will have a 5,500 square-foot space, featuring an adjoining courtyard with patio tables that “spill out of the brewery under the canopy of mature trees” on location.
Scofflaw Brewmaster Joe McIntyre said the development would help the company reach more Atlanta customers.
“We can’t wait to be Buckhead’s first brewery and to bring the experience of Scofflaw to an even larger audience of Atlanta beer lovers,” McIntyre said in a statement. “Guests can expect classic fan favorites as well as some fun new beers only available at our Oxton location.”
Scofflaw has three locations in Georgia currently, with two in Atlanta, and a third which opened in Columbus in May.
Jonathan Dubovsky, managing director at Ardent, said adding Scofflaw to Oxton would add to the experience the
...More info on site
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USA, CA: Pro-Five Brewing Company already open in Upland
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Pro-Five Brewing Company opened this past weekend in Upland, the Daily Bulletin reported on June 1.
The brewery currently has a half-dozen brews to enjoy and features a large patio area on which to enjoy them.
It’s downtown’s second currently operating brewery, joining Rescue Brewing Company, which opened in 2017.
Oldtimers may remember the now-defunct Old Baldy Brewing Co., which closed in 2008.
Pro-Five is at 105 E. A St.
Current hours are 3-9 p.m. Wednesday and Thursday, 3-10 p.m. Friday and noon-10 p.m. Saturday and Sunday.
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USA, ME: Brickyard Hollow Brewing Co. opens its latest brewpub in New Gloucester
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Brickyard Hollow Brewing Co. opened its latest brewpub and pizzeria Monday, May 29 at 437 Lewiston Road in New Gloucester, the Sun Journal reported.
The operation, which also has a restaurant/brewery in Yarmouth, offers artisanal craft pizza and craft beers.
This space will allow Brickyard Hollow to continue brewing its signature craft beers, while also expanding its offerings with one-off and specialty brews. Patrons can partake of an array of craft beer selections, either to complement their meal or to take home in cans.
Brickyard Hollow plans to hold Community Nights at which it dedicates 5% of its sales to local organizations and causes.
The brewer will also offer corn hole, firepits, frisbee golf, live music and ample space for hosting catered events on eight acres of land.
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World: Barley crop 2023 forecast reduced by 2.8 mln tonnes
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The biggest development since early May in the world barley supply and demand is a considerable drop in global barley production 2023 forecast to
...More info on site
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EU: 2022-23 barley exports total 5.93 mln tonnes to-date
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Soft wheat exports from the European Union in the 2022/23 season that began in July totaled 28.40 million tonnes as of May 27, up
...More info on site
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Australia: Barley, other winter crops area forecast to be up this season
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Australia is on track to plant 23.48 million hectares (Mha) of winter crop this year – up slightly on last year’s crop area, Rabobank
...More info on site
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China: Carlsberg sues Tibet Development for hindering sale of Lhasa Beer
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Carlsberg Group has sued Tibet Development because it has inhibited the Danish beer giant's sale of its 50 percent stake in Lhasa Beer, Shanghai
...More info on site
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UK: Barley exports in 2022/23 seen up 50% on the year
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In AHDB’s latest supply and demand estimates released last Thursday, May 25, barley exports for the 2022/23 season are pegged at 1.15 Mt, up
...More info on site
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Australia & China: China’s review of Australian barley tariffs heading in the right direction – Australian Trade Minister
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China's review into its tariffs on Australian barley is heading in the right direction, Australian Trade Minister Don Farrell said in Canberra on June
...More info on site
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The Philippines: Philippine billionaire Ramon Ang to increase his stake in San Miguel parent company
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Philippine billionaire Ramon Ang will increase his stake to over a third in Top Frontier Investment Holdings, the parent company of food-to-power conglomerate San Miguel, where he is both president and CEO, the Gulf News reported on June 2.
Far East Holdings, which Ang owns, will subscribe to 45 million shares in Top Frontier at 241.42 pesos ($4.32) a share, Top Frontier said in a filing to the stock exchange on June 2. That price, more than double the stock’s closing price on Thursday, June 1, values the acquisition at 10.86 billion pesos and will raise Ang’s interest to around 35 per cent.
“It’s a good investment,” Ang said in a mobile phone message when asked about Far East’s plan to buy the shares, adding that he has “extra funds.” The share purchase, which should be fully paid in cash on or before June 30, will make Ang, who is also president and CEO at Top Frontier, the company’s second-largest shareholder after businessman Inigo Zobel.
Ang’s Far East raised funds last year when it sold its holdings in Eagle Cement Corp. to San Miguel.
Ang, through Master Year and Privado Holdings, holds 26 per cent of Top Frontier. The 45 million shares Far East
...More info on site
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