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E-Malt.com Newsletter 36a
September 04 - September 06, 2023
Quote of the Week
When you reach the end of your rope, tie a knot and hang out.
Abraham Lincoln
Currency Rates
Base Currency: US Dollar
on September 06, 2023 |
Base Currency: Canadian Dollar
on September 06, 2023 |
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1 USD = 0.9303 EUR
1 USD = 0.7949 GBP
1 USD = 1.3630 CAD
1 USD = 1.5645 AUD
1 USD = 147.2280 JPY
1 USD = 4.9524 BRL
1 USD = 97.1076 RUB
1 USD = 7.2802 CNY
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1 CAD = 0.7336 USD
1 CAD = 0.5831 GBP
1 CAD = 0.6825 EUR
1 CAD = 1.1476 AUD
1 CAD = 108.0000 JPY
1 CAD = 3.6329 BRL
1 CAD = 71.2335 RUB
1 CAD = 5.3404 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Canadian purchasing less alcohol than they did last year
...Click here
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USA, FL: Uncommon Path Brewing to open in Fort Lauderdale later this month
...Click here
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USA, AZ: Flying Basset Brewing to close at the end of the month
...Click here
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USA, NJ: Lunacy Brewing Company to permanently close on September 16
...Click here
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World: Premiumisation of alcohol far from over agains all the odds, research shows
...Click here
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Australia: Barley production forecast up in ABARES latest quarterly report
...Click here
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Australia: Barley crop forecast unchanged at 10.84 mln tonnes
...Click here
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Malaysia: Heineken Malaysia looking towards positive impact on profits on absence of prosperity tax
...Click here
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Argentina: Good barley crop development makes it possible to maintain production forecast at 4.59 mln tonnes
...Click here
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Ukraine: Carlsberg Ukraine reports UAH57 mln damage from Russian occupation
...Click here
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Denmark & Myanmar: Carlsberg admits to having done business in Myanmar despite previous statements
...Click here
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World: Carlsberg’s new CEO purchases $1.6 mln in brewer’s shares
...Click here
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Graph of the Week
Table of the Week
Germany Malt Exports 2018 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
04 September
1781 - Los Angeles founded by 44 in Bahia de las Fumas, (Valley of Smokes)
1813 - 1st U.S. religious newspaper Religious Remembrancer
1870 - 3rd French republic proclaimed as they overthrow their king
2001 - Tokyo DisneySea opens to the public
05 September
1888 - George Eastman patents 1st roll-film camera and registers "Kodak"
1957 - Ford Motor Co introduces Edsel
1958 - 1st color video recording on magnetic tape presented, Charlotte NC
1997 - Mother Teresa (Agnes Gonxha Bojaxhiu) dies of cardiac arrest at 87; Nobel (1979)
06 September
1620 - The Pilgrims sail from Plymouth, England, on the Mayflower to settle in North America
1819 - Thomas Blanchard patents lathe
1853 - Women's Right's Convention met (New York City)
Agenda
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)
News Articles
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Canada: Canadian purchasing less alcohol than they did last year
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Canada appears to be undergoing a noteworthy transformation in its relationship with alcohol. According to Statistics Canada, Canadians are purchasing less alcohol than they
...More info on site
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USA, FL: Uncommon Path Brewing to open in Fort Lauderdale later this month
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Tucked away in a rezoned industrial section of Fort Lauderdale's Progresso Village is Uncommon Path Brewing, which plans to open later this month with beers made onsite, wood-fired pizzas, and two brewers who've methodically brought their business idea to fruition, the Miami New Times reported on September 5.
Uncommon Path owners Marcos Cabrera and Josh Breault tell New Times they plan to have the brewery, located at 710 NW Fifth Ave., in operation (and the pizza oven fired up) later this month. The duo committed themselves about a year ago after signing a lease on an empty building, after which they began the tedious process of building the place out piece by piece. The opening date is currently set for Saturday, September 23.
"We came in with dirt floors and no windows," Cabrera says of the sizable space that's divided between tap room, kitchen, and brew house. "This was just an empty rectangle. I always wanted to do my own thing."
Like many in the beer industry, the road Cabrera and Breault took that led them to brewing wasn't a common one. The inspiration behind the brewery's name comes from the uncommon path they take to making beer and pizza and developing the
...More info on site
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USA, AZ: Flying Basset Brewing to close at the end of the month
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Gilbert's award-winning Flying Basset Brewing announced it will close at the end of September, the Phoenix New Times reported on September 5.
"It has been over six years since Flying Basset Brewing opened its doors to the Arizona craft beer industry," the brewery's owners shared on the company's Instagram and Facebook pages. "Each one of those years has been a wild and eventful ride. Unfortunately, our time here will be coming to an end."
The brewery will close after service on Sept. 30. Philadelphia Sandwich Co., which operates one of its three locations from inside the Gilbert brewery, will continue serving, but food will only be available to-go beginning on Oct. 1.
The 10-barrel brewery opened in 2018 near Ray and Cooper roads, the brainchild of pilot Rob Gangon and his wife Sara Cotton. The brewery has received several accolades in the past year. Its coffee beer, Alchemist Breakfast, received a bronze medal from the World Beer Cup, an international competition hosted by the Brewers Association.
In 2022, the brewery's Mexican-style lager, El Capitan, received a gold medal for lager and a bronze for "Best in Show" at the Arizona Craft Beer Awards, an event hosted by the Arizona Craft Brewers Guild.
Following the closing
...More info on site
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USA, NJ: Lunacy Brewing Company to permanently close on September 16
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Lunacy Brewing Company plans to permanently close, the business announced Monday, September 4. Sept. 16 will mark the brewery's final day, the Patch reported.
In 2015, Lunacy Brewing Co. opened in Magnolia, before relocating several years later to 1500 Kings Hwy., Haddon Heights. The business intended to expand production in the Haddon Heights facility but ran into several "hiccups" preventing it from doing so.
Those obstacles — along with the pandemic, brewery restrictions and other unspecified issues — contributed to Lunacy's decision to close, the company said Tuesday.
"It wasn't an easy decision, but we feel it’s the best for us," Lunacy Brewing Co. said on Facebook.
Lunacy Brewing Co.'s last day will feature a celebration with live music.
New Jersey's brewery industry grew quickly over the past decade but faced new obstacles when the state imposed new restrictions that went into effect in July 2022. The controversial regulations — imposed by the New Jersey Division of Alcoholic Beverage Control (ABC) — put significant restrictions on the number of events a brewery can host, along with other restrictions.
The ABC contended that limited-brewery licenses carry different privileges than those of bars or alcohol-serving restaurants that often carry a higher price tag. Earlier this year, Gov. Phil
...More info on site
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World: Premiumisation of alcohol far from over agains all the odds, research shows
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New research from Euromonitor International shows the premiumisation trend is far from over, with sales of premium alcohol continuing to rise despite the current
...More info on site
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Australia: Barley production forecast up in ABARES latest quarterly report
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Australia’s commodity forecaster ABARES has cut its estimate for new-crop wheat production to 25.4 million tonnes (Mt) from 26.2Mt seen in June in its
...More info on site
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Australia: Barley crop forecast unchanged at 10.84 mln tonnes
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Most key barley regions in Australia received beneficial rainfall over the past two weeks. This leaves the crop in very good condition except in
...More info on site
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Malaysia: Heineken Malaysia looking towards positive impact on profits on absence of prosperity tax
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Heineken Malaysia Bhd is looking towards a positive impact on its net profit this year with the absence of the prosperity tax imposed in
...More info on site
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Argentina: Good barley crop development makes it possible to maintain production forecast at 4.59 mln tonnes
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Beneficial rains have fallen across the Buenos Aires province where the rainfall is still favouring the eastern part of the key barley regions. The
...More info on site
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Ukraine: Carlsberg Ukraine reports UAH57 mln damage from Russian occupation
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Carlsberg Ukraine's losses from the loss and damage to retail equipment and kegs used by distributors in the occupied territories and territories where active hostilities took place, from the beginning of a full-scale invasion to April 2023, amounted to UAH 57 million (including VAT), the Ukrainian Journal reported on August 29.
According to the report of the company's management in the disclosure system of the National Securities and Stock Market Commission for the first quarter of this year, Carlsberg Ukraine does not exclude that the level of damage from the loss of fixed assets may be larger, because in a number of territories, access to inventory remains limited.
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Denmark & Myanmar: Carlsberg admits to having done business in Myanmar despite previous statements
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The world-famous Danish brewer Carlsberg now admits to having done business in Myanmar, even though the company earlier has stated that it had withdrawn
...More info on site
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World: Carlsberg’s new CEO purchases $1.6 mln in brewer’s shares
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Carlsberg A/S’s chief executive officer bought shares for about $1.6 million just a few days into his new job, as he used to do at a previous CEO position where the frequent purchases often boosted the stock price, Bloomberg reported on September 6.
Jacob Aarup-Andersen, who took the top job at the Danish brewery on September 1, purchased 11,000 shares in Tuesday, September 5th trading on the Copenhagen stock exchange, according to a filing.
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