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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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E-Malt.com Newsletter 32b
August 10 - August 13, 2023


Quote of the Week

Beer is a wholesome liquor... it abounds with nourishment.
Dr. Benjamin Rush

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Currency Rates


Base Currency: US Dollar
on August 11, 2023
Base Currency: Canadian Dollar
on August 11, 2023
      1 USD = 0.9092 EUR
1 USD = 0.7860 GBP
1 USD = 1.3414 CAD
1 USD = 1.5278 AUD
1 USD = 144.1740 JPY
1 USD = 4.8854 BRL
1 USD = 97.1452 RUB
1 USD = 7.2046 CNY
      1 CAD = 0.7454 USD
1 CAD = 0.5858 GBP
1 CAD = 0.6776 EUR
1 CAD = 1.1388 AUD
1 CAD = 107.4620 JPY
1 CAD = 3.6414 BRL
1 CAD = 72.4079 RUB
1 CAD = 5.3700 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA: Midyear 2023 craft beer market shows 2% decline ...Click here
Brewery news USA, AZ: Buqui Bichi Brewing set to open its second location in downtown Phoenix ...Click here
Brewery news USA, WI: Minocqua Brewing Company can continue to operate ...Click here
Brewery news USA, IA: Field Day Brewing Company already open in North Liberty ...Click here
Brewery news USA, FL: Tabula Rasa Brewing shutting its taps forever ...Click here
Brewery news USA, PA: Arboretum Trail Brewing closing the doors of its Pittsburght brewery ...Click here
Brewery news USA, PA: Mastic Trail Brewing announces last day of business on September 2 ...Click here
Brewery news USA, CA: Harmonic Brewing to close its original location and production facility ...Click here
World News
Brewery news USA: January-June beer shipments down 5.9% vs last year ...Click here
Brewery news Singapore & Thailand & Vietnam: ThaiBev sees beer division’s revenue increase slightly, sales volume drop 5.2% in nine months to June 2023 ...Click here
Brewery news Japan: Suntory, Asahi post higher profits for the first half of this year ...Click here
Barley news World: Malting barley market starting to forge its independent price direction - analysts ...Click here
Barley news World: Barley crop, trade, consumption forecasts reduced in USDA’s August report ...Click here
Barley news EU & UK: Malting barley premium widens further on concern about two-row barley crops ...Click here
Barley news EU: Barley, soft wheat, exports decrease in 2023/24 ...Click here
Brewery news Chile: Compania Cervecerias Unidas reports loss in Q2 2023 ...Click here
Barley news France: Barley harvest makes little progress as northern France experiences more wet weather ...Click here
Barley news Australia: Malting barley exports drop by 25% in June this year ...Click here
Barley news Australia & China: Australia’s two largest barley producers cleared to export to China ...Click here
Barley news Ukraine: Analysts increase barley, corn, wheat crop forecasts on stronger than expected yields ...Click here
Graph of the Week


Table of the Week

Italy Malt Production and Import 2010 - 2022


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


10 August
1500 - Diego Diaz discovers Madagascar
1793 - The Musee du Louvre is officially opened in Paris, France
1961 - England applies for membership in the European Common Market
1981 - Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 - UN estimates Asia's population hit 3 billion

11 August
1909 - SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1992 - The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota

12 August
1856 - Anthony Fass patents accordion
1877 - Thomas Edison invents Edisonphone, a sound recording device
1960 - Echo 1, 1st communications satellite, is launched
1981 - The IBM Personal Computer is released

13 August
1623 - Cardinal Richelieu appointed Chief Minister of France by Louis XIII
1907 - 1st taxicab in New York
1961 - Construction on Berlin Wall begins in East Germany (Dark day)


Agenda

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:
04 - 06: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
08 - 09: Stockholm Beer & Whisky Festival 2023 (Stockholm, Sweden)
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)
11 - 15: Mondial de la Biere Rio 2023 (Rio de Janeiro, Brazil)
19 - 20: Brew Asia 2023 (Ho Chi Minh City, Vietnam)
19 - 21: Warsaw Beer Festival 2023 (Warsaw, Poland)
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)

March 2024:
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
22 - 24: St Malo Craft Beer Expo 2024 (St Malo, France)

April 2024:
11 - 13: KIBEX 2024 (Seoul, South Korea)
21 - 24: Craft Brewers Conference & BrewExpo America 2024 (Las Vegas, USA)

May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)

More events are available on site e-malt.com

News Articles


Brewery news USA: Midyear 2023 craft beer market shows 2% decline
The Brewers Association (BA), the trade organization representing small and independent American craft brewers, on August 10 released results from its midyear survey, shedding light on the state of the craft beer industry and indicating optimism for the second half of the year.

Midyear 2023 survey results are on par with 2022 annual trends, with the industry leveling out after years of growth followed by two years of a unique market due to COVID-19. Indicative of a maturing era for the craft beer industry, the survey reveals a low single-digit decline of -2% in the market. From a competitive distribution market and rising costs, to changing consumer preferences and supply chain disruptions, the craft brewing industry has radically grown and shifted over recent decades, with that change only accelerating in recent years.

In breaking down the distribution channels, according to Circana scan data, independent craft packaged sales were down -3% year-over-year (YoY) but have improved since the first quarter of 2023 when they were down -9%. Distributors and retailers have been reducing their focus on distributed craft and searching for growth in other pockets, but there are signs that the worst reductions may be in the past.

Reported at-the-brewery sales were healthier than ...More info on site


Brewery news USA, AZ: Buqui Bichi Brewing set to open its second location in downtown Phoenix
Buqui Bichi recently opened its Chandler location in July and now it’s brewing up a new spot in the Valley. The Mexican award-winning brewery from Hermosillo, Sonora is set to open its second U.S. location in downtown Phoenix, The Business Journals reported on August 10.

“[It's] going to be opening September 15, right before Mexican Independence Day,” confirmed Kevin Gauthereau, manager of the Chandler location, to ABC15.

The new location is set to open near 1st Avenue and Van Buren in Phoenix.

The company from Sonora brews up culture, IPAs, dishes and “freedom.” If you’re asking yourself how so? Well according to Gauthereau, it starts with meaning behind the name of the business. “A lot of it is just liberty, just freedom for someone to be able to express themselves in their [own] way – you know- without being judged or criticized around that,” he said.

The first AZ ‘Buqui Bichi’ location: 325 S Arizona Ave in Chandler.


Brewery news USA, WI: Minocqua Brewing Company can continue to operate
The Oneida County Planning and Development Committee agreed on August 9 to extend the time period for Minocqua Brewing Company and owner Kirk Bangstad to revise their conditional use permit. Bangstad also filed an appeal to the revocation of his administrative review permit, allowing the brewery to remain open, WSAW reported.

Last week, the same committee revoked Minocqua Brewing Company’s administrative review permit, forcing the brewery to stop doing business.

During the meeting on August 9, the committee voted to withdraw the motion to deny Minocqua Brewing Company’s conditional use permit or CUP. Instead, they agreed to allow the brewery more time to revise its plans, allowing them 180 days to get approval on the existing CUP. In a video on Facebook, Bangstad explained they will revise their permit to do business and work on ways to add parking and a beer garden.

Bangstad has been at odds with the county and the town of Minocqua for quite some time. Bangstad has said they don’t like him because of his progressive political beliefs.


Brewery news USA, IA: Field Day Brewing Company already open in North Liberty
Provisions at North Liberty’s first brewery, opened Aug. 1, ensure diners can eat, drink and be merry with an unusual distinction of beers, elevated eats and a sprawling campus with activities for adults and kids alike.

In short, Field Day Brewing Company has designed its 20,000-square-foot building to be true to its name — a place to step out of your normal routine for a good time.

“We are native Iowans, we’re proud of this state, this is where we want to be. So it’s a play on cornfields, soybean fields, the agricultural aspect,” said Joe Selix, partner in the new brewery’s owner, Craft Concepts Restaurant Group. “We’ve also got a wide array of things to do. It’s the nostalgic field day from back in your childhood.”

While Field Day is the first and only brewery in North Liberty, the owners wanted it to also be the best one. With more than half the building’s space dedicated to an array of niche and mainstream beer types, Field Day is well on its way.

The four-vessel, 15-barrel system seen there today dwarfs the original plans for a five to seven barrel system — until the founders realized it just wasn’t enough for their 6,000 square ...More info on site


Brewery news USA, FL: Tabula Rasa Brewing shutting its taps forever
Tabula Rasa Brewing in the Rail Yard District, Jacksonville announced Aug. 7 on social media it is shutting its taps forever.

“It’s with a heavy heart we are announcing that the brewery will be closing. We appreciate all the love and support from our wonderful customers these last five years,” it said on its Facebook page and website homepage.

Randy Peterson and his wife, Jackie, are the owners of Tabula Rasa Brewing.

The brewery and taproom is at 2385 Corbett St. next to McCoys Creek. The Rail Yard District is bordered by Interstates 95 and 10 and King and West Beaver streets.

Tabula Rasa said it is closed this week and will reopen Aug. 8-13 at noon for a closing sale and to “have a one last pint with us.”

“Thank you all for the wonderful memories,” the message concludes.


Brewery news USA, PA: Arboretum Trail Brewing closing the doors of its Pittsburght brewery
After just two years in business, Arboretum Trail Brewing is closing its doors at 1351 Washington Boulevard in Pittsburgh. The brewery, which opened in the Summer of 2021, recently announced the closure on social media, Breweries in PA reported on August 10.

This marks the second brewery to close in this location in the last two years. Couch Brewing closed its doors in the same space on Washington Boulevard in November of 2021. The history of the location was something Arboretum Trail regularly moaned about online. Even going as far as releasing a beer named “It’s A Tough Location”. The beer was first announced in June of 2023 with the brewery saying the following about the inspiration behind the release:

“It’s no secret we picked a tough location for the first taproom for Arbo. It’s been a struggle and if I am being completely honest, we need everyone’s support this week so we can keep this train rolling.”

Now it would appear that the train has come to a stop at the Washington Boulevard location. Despite the closure, Arboretum Trail shared that they plan to continue to brew its beer for distribution only, although no plans of where and when this will happen ...More info on site


Brewery news USA, PA: Mastic Trail Brewing announces last day of business on September 2
Pittsburgh’s first (and only) Caribbean themed craft brewery is set to close its doors. In a post on social media, Mastic Trail Brewing announced their last day of business is set for Saturday, September 2nd, Breweries in PA reported on August 10.

The Caribbean themed brewpub opened in July 2020, in the Glenshaw neighborhood of Pittsburgh. They opened in a 7,000 sq/ft building and brewing on a 10 BBL brewhouse. The brewpub was known for offering a Caribbean-inspired menu, with items such as jerk chicken and bacalao fritters.

To give customers the true beach feeling, Mastic Trail has a clear epoxy floor with sand underneath, as well as some ocean floors in another room with waves and coral reefs. Their main bar has sand and seashells, while the back of the building looks like a dock.

In mid-2022 the brewery would temporarily close for several months citing a myriad of post-Covid issues. However, seemed to rebound in late 2022 when they announced their re-opening.

As the post says, the final day of business for the brewery will be Saturday, September 2nd, with regular hours leading up to the day.


Brewery news USA, CA: Harmonic Brewing to close its original location and production facility
After almost eight years, Harmonic Brewing announced it will close its original location and production facility in San Francisco's Dogpatch neighborhood at the end of October, CBS News reported on August 10.

"Maybe 10 batches left in this facility," said Harmonic brewmaster and co-founder Eddie Gobbo.

Gobbo says they wanted to stay in business here but they couldn't come to an agreement for a new lease with the property owner.

"It's a labor-intensive, expensive business to run," he said.

Gobbo says operational costs have increased, "rents have stayed the same" and revenue has declined in recent years.

"People have moved out, spending habits have changed, people are at home a lot more, working from home, they're not meeting colleagues out. So, for businesses like us that rely on in-person and full taprooms, we've seen a big hit in revenue. During those times, costs have gone up, rents have stayed the same."

Harmonic's decision comes on the heels of Anchor Brewing's closure as well as other, smaller breweries.

"Our friends Local Brewing and Ferment, Drink, and Repeat," Gobbo said.

As San Francisco loses another brewery, many local restaurants are losing options for pop-ups at breweries, which have served as lifelines for businesses during and after the pandemic.

Gilberth Cab, the ...More info on site


Brewery news USA: January-June beer shipments down 5.9% vs last year
The Beer Institute on August 9 published an unofficial estimate of domestic tax paid shipments by beer brewers for June 2023.

The June 2023 estimate is 15,100,000 barrels, a decrease of 6.4% compared to June 2022 removals of 16,136,260.

The January-June shipments are reported at 77,155,792 barrels, down 5.9% from the same period last year.

The July 2023 domestic tax paid estimate is scheduled to be released on September 7, 2023.


Brewery newsSingapore & Thailand & Vietnam: ThaiBev sees beer division’s revenue increase slightly, sales volume drop 5.2% in nine months to June 2023
Thai Beverage Public Company has reported a slight increase in its revenue for the nine months ended June. However, higher operating costs, specifically for ...More info on site


Brewery newsJapan: Suntory, Asahi post higher profits for the first half of this year
Japanese brewers Suntory Holdings Ltd. and Asahi Group Holdings Ltd. posted higher profits for the first half of this year as rising sales and ...More info on site


Barley newsWorld: Malting barley market starting to forge its independent price direction - analysts
The malting barley market is starting to forge an independent market price direction based on a tightening supply situation for quality malting barley, RMI ...More info on site


Barley newsWorld: Barley crop, trade, consumption forecasts reduced in USDA’s August report
World barley trade in 2023/24 is forecast at 26.871 mln tonnes in USDA’s August report, down from 27.171 mln forecast in July and from ...More info on site


Barley newsEU & UK: Malting barley premium widens further on concern about two-row barley crops
Malting barley price direction is split in the EU as the French harvest wraps up putting some downward pressure on six-row, while two-row varieties ...More info on site


Barley newsEU: Barley, soft wheat, exports decrease in 2023/24
EU soft wheat exports so far in the 2023/24 season totaled 2.92 million metric tons as of Aug. 6, down 16% from 3.48 million ...More info on site


Brewery newsChile: Compania Cervecerias Unidas reports loss in Q2 2023
Compania Cervecerias Unidas (CCU) on August 10 reported a loss of $5.1 million in its second quarter, the Washington Post reported on August 11.

The ...More info on site


Barley news France: Barley harvest makes little progress as northern France experiences more wet weather
French farmers made little progress harvesting wheat and barley last week as northern regions experienced more wet and cool weather, data from farm office FranceAgriMer showed on August 11.

Farmers had gathered 89% of this year's soft wheat crop by Aug. 7, compared with 87% a week earlier, FranceAgriMer said in a cereal report.

The harvest was lagging both the rapid pace last year, when field work was already complete by the same week, and the average 94% for the same week over the past five years, it said.

After a brisk start to the summer, field work has been held up by heavy rain since late July, raising concern over the milling quality of wheat still to be harvested.

FranceAgriMer this week said that wheat in the northwest was expected to suffer some quality loss, though readings were satisfactory in earlier-harvested crop.

However, drier and warmer conditions from the middle of this week are expected to allow farmers to complete harvesting.

The spring barley harvest hardly advanced last week, with 96% of the crop cut by Aug. 7 against 95% a week earlier.

Farmers completed winter barley and durum wheat harvesting last month.

The wet, mild weather has helped maize, which is harvested later in the year.

Some ...More info on site


Barley news Australia: Malting barley exports drop by 25% in June this year
Australia exported 418,075t of feed barley, 47,807t of malting barley and 395,370t of sorghum in June, according to the latest data from the Australian Bureau of Statistics, the Grain Central reported on August 10.

On feed, the June figure was down 22 percent from the May total of 534,560t, and Saudi Arabia on 184,000t, Japan on 155,090t and Thailand on 32,571t were the three biggest markets.

The malting figure represents a drop of 25pc from the May total of 63,725t, and Mexico on 33,000t, South Korea on 9000t, and Singapore on 2527t were the major markets for June shipments.

On sorghum, volume has dropped 10pc from the May peak of 440,921t.

China on 275,462t accounted for 70pc of June shipments, with 60,000t to Kenya and 30,000t to Sudan the second and third-biggest markets.

Flexi Grain pool manager Sam Roache said the feed barley shipment figure for June shows a continued drift lower in volume to the lowest level seen since January.

Barley exports continued to drift lower for June, with feed barley volume the lightest since January 2023 and malting the lowest since February.

“That was back when everyone thought there was no malt quality around,” Mr Roache said.

“The story of the slow slowdown on exports is ...More info on site


Barley news Australia & China: Australia’s two largest barley producers cleared to export to China
CBH Group and Emerald Grain, Australia’s two largest barley producers, have been given approval by the Chinese government to resume barley shipments to China, according to the Australian Associated Press.

Australia’s agriculture minister, Murry Watt, confirmed on Aug. 9 that both would be reinstated as registered exporters. The two agribusiness companies were not on the customs list when China announced on Aug. 4 that its three-year 80% duty on barley exports from Australia had been lifted.

Nearly 130 Australian exporters are now registered to export barley to China, the Australian Associated Press reported.

“We welcome this positive news and look forward to working with our customers to return to exporting Western Australian barley to China, a longstanding market,” CBH told the Australian Associated Press through a spokesperson.

China blocked CBH grain imports in September 2020 after it claimed customs found pests in a shipment of barley.

The 80% duty had been in place since June 2020. China said the tariff was due to Australia “dumping” barley, meaning its exports were priced lower than China’s domestic supply. However, Australia’s hardline stance on China’s role regarding the origins of the global COVID-19 pandemic was also reportedly a factor.

Prior to the tariff being imposed, Australia was by ...More info on site


Barley news Ukraine: Analysts increase barley, corn, wheat crop forecasts on stronger than expected yields
SovEcon analysts have increased its Ukraine grain production forecasts for corn (up 2 mln tonnes to 25.9 mln), wheat (up 1.3 mln tonnes to 19.2 mln) and barley (up 400,000 tonnes to 4.8 mln) due to stronger-than-expected yields for wheat and barley, along with favorable weather for corn development, AgWeb reported on August 10.

The Black Sea consulting firm raised its 2023-24 Ukrainian corn export forecast by 1 mln tonnes to 19 mln amid the bigger crop estimate. SovEcon also noted: “As the main buyer of Ukrainian grain, the EU could prioritize buying corn over other grains.”

It left the 2023-24 wheat and barley export forecasts at 10 mln tonnes and 1.3 mln tonnes, respectively, “as shipments may be limited by infrastructure bottlenecks and recent attacks on the Danube ports.” SovEcon said it believes Danube ports could ship up to 2 mln to 2.5 mln tonnes of Ukrainian grains per month.


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