|
Newsletter Summary
Last five graphs
Note: All graphs issued with e-malt.com newsletters
are published in "Graph" section
of e-malt.com site.
Last five tables
All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.
Last five prices evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 43b
October 26 - October 29, 2023
Quote of the Week
Whatever you are, be a good one.
Abraham Lincoln
Currency Rates
Base Currency: US Dollar
on October 27, 2023 |
Base Currency: Canadian Dollar
on October 27, 2023 |
| |
1 USD = 0.9479 EUR
1 USD = 0.8261 GBP
1 USD = 1.3816 CAD
1 USD = 1.5857 AUD
1 USD = 150.3580 JPY
1 USD = 4.9945 BRL
1 USD = 93.6939 RUB
1 USD = 7.3161 CNY
|
|
1 CAD = 0.7237 USD
1 CAD = 0.5979 GBP
1 CAD = 0.6860 EUR
1 CAD = 1.1476 AUD
1 CAD = 108.8150 JPY
1 CAD = 3.6146 BRL
1 CAD = 67.8073 RUB
1 CAD = 5.2947 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA: Boston Beer Company reports increased net revenue in quarter ended September 30
...Click here
|
|
USA, TX: Three Empires Brewery Co. open and ready for business in Frisco
...Click here
|
|
USA, CT: Elicit Brewing Co. sets its sights on a third site in Hat City
...Click here
|
|
USA, OH: Midnight Owl Brewing Co. scheduled to open in Shaker Heights on October 28
...Click here
|
|
USA, MA: Widowmaker Brewing to hold its grand opening in Boston on October 28
...Click here
|
|
Nigeria: Nigerian Breweries sustains losses for three consecutive quarters
...Click here
|
World: Global barley production forecast down 0.2 mln tonnes
...Click here
|
|
EU & UK: Analysts reduce barley crop forecast on smaller output in Finland and parts of central Europe
...Click here
|
|
UK: Cereal Quality Survey confirms lower quality for both wheat and barley crops this year
...Click here
|
South Korea: Diageo completes sale of Windsor Global
...Click here
|
|
Ukraine: Grain exports fall so far for the 2023-24 marketing season
...Click here
|
|
India: India’s Proost Beer raises Rs 25 cr in pre-series A
...Click here
|
|
Ukraine: Ukraine farmers sow 322,000 ha of winter barley as of October 24
...Click here
|
Graph of the Week
Table of the Week
Italy Beer Market 1999 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
26 October
1952 - Chevrolet unveils V-8 engine
1954 - Walt Disney's 1st television program, "Disneyland", premieres on ABC
1956 - U.N.'s International Atomic Energy Agency statute approved
27 October
1969 - Nobel prize for economy awarded to John Tinbergen
1984 - Hepatitis virus is discovered
1997 - Intel Corp buys Digital Equipment for $700 million
28 October
1904 - St Louis police try a new investigation method - the fingerprints
1954 - Nobel prize for literature awarded to Ernest Hemingway
1986 - International Red Cross ousted from South Africa
29 October
1929 - The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression
1947 - Belgium, Luxembourg and Netherland form Benelux Union
1952 - Sweden begins experimental TV
2008 - Delta Air Lines merges with Northwest Airlines, creating the world's largest airline and reducing the number of US legacy carriers to five
Agenda
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)
13 - 14: BeerX 2024 (Liverpool, UK)
22 - 23: InnBrew 2024 (Barcelona, Spain)
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)
24 - 24: World Beer Cup 2024 (Las Vegas, USA)
May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Cerveza Mexico Expo 2024 (Guadalajara, Mexico)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
30 - 01 June: Craft Beer China 2024 (Shanghai, China)
June 2024:
06 - 09: Wiener Bierfest 2024 (Vienna, Austria)
11 - 13: Brasil Brau 2024 (Sao Paulo, Brazil)
August 2024:
08 - 10: VIETFOOD & BEVERAGE - VIETNAM 2024 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2024:
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)
News Articles
|
Canada: 2022-23 barley supply up 33% y/y
|
|
For 2022-23, Canada’s supply of barley stood at 10.6 million tonnes (Mt), up 33% year-over-year (y/y), Agriculture and Agri-Food Canada said in its October
...More info on site
|
|
USA: Boston Beer Company reports increased net revenue in quarter ended September 30
|
The Boston Beer Company, Inc. on October 26 reported financial results for its third quarter that ended September 30, 2023. Key results were:
Third Quarter 2023 Summary:
• Depletions decreased 6% on a fiscal calendar basis and decreased approximately 3% on a comparable week basis
• Shipments decreased 2.5% on a fiscal calendar basis and decreased 1.8% on a comparable week basis
• Net revenue increased 0.9% to $601.6 million
• Gross margin increased 250 basis points to 45.7%
• Net income of $45.3 million, which includes non-cash brand impairment charges of $16.4 million and the related tax benefit
• Diluted earnings per share of $3.70, including non-cash brand impairment charges of $0.96 per share
Capital Structure
• Generated $131.3 million in operating cash flow in the third quarter
• Ended the third quarter with $310.8 million in cash and no debt
• Repurchased $69.4 million in shares from January 3, 2023 to October 20, 2023
"On a comparable weeks basis, which adjusts for the timing impact of the July 4th holiday, our depletions trends improved from a decrease of 7% in the second quarter to a decrease of 3% in the third quarter. We continue to execute our operational plans and grew revenue, gross margin and operating cash flow in the quarter which enabled us to repurchase over $69 million
...More info on site
|
|
USA, TX: Three Empires Brewery Co. open and ready for business in Frisco
|
A new local brewery is open and ready for business in Frisco, the Community Impact reported on October 26.
Three Empires Brewery Co. celebrated a soft opening Sept. 30 and is now open four days a week, co-owner David Wible said.
While the brewery was unable to host its grand opening in October as planned, one is tentatively scheduled for November, Wible said.
More information on Three Empire Brewing Co., including grand opening updates, can be found on its website or social media.
• Grand opening in mid-November
• 6990 Main St., Ste. 200, Frisco
|
|
USA, CT: Elicit Brewing Co. sets its sights on a third site in Hat City
|
A former Danbury bookstore is eyeing a brewpub makeover, The Patch reported on October 24.
Elicit Brewing Co., with one location in Manchester and another planned in Fairfield, has its sights set on a third site, in Hat City. According to Bob Hill, chief development officer for Elicit parent company Eli's Restaurant Group, the business has finalized a lease to take over the former Barnes & Noble space at Danbury Square.
"It's technically not finalized" until a few more Ts are crossed, Hill said, but he was optimistic, and enthusiastic about bringing the "Elicit experience" to Danbury.
That experience is typically a whimsical one, with brews named "Marriage Counseling," "Botched Facelift," and "I'll Be A Monkey's Dunkel" sharing spigot-space with your Guinesses and your Pabst Blue Ribbons. The pub's online menu for its Manchester location shows 19 Elicit beers on tap, and another 22 not made by the home team also available on draft. The eats include all the pub food mainstays, as well as six kinds of French fries, eight types of taco and a tower constructed from Bavarian pretzels, served up with honey mustard and Elicit beer cheese.
"We're kind of unique in that we have infused hospitality and entertainment into the
...More info on site
|
|
USA, OH: Midnight Owl Brewing Co. scheduled to open in Shaker Heights on October 28
|
A Shaker Heights neighborhood that lost a longtime bakery is gaining a brewery: Midnight Owl Brewing Co. is scheduled to open Saturday, Oct. 28., Cleveland.com reported.
If you walk in to the Chagrin Road space, you might remember Lucy’s Sweet Surrender, but the redesigned location looks little like its predecessor. Joel Warger and Rosemary Mudry are putting finishing touches on the space - replacing bar tops, tweaking the draft system and getting ready to pour beer. Garage doors have been added to the front.
Midnight Owl is 2.5 miles due west of Interstate-271 in an area lined with an assortment of businesses and nearby residences.
“That’s the model that works now – you’ve got a dense area, and to me you’ve got so many restaurants and bars here, but people who live here say, ‘We need more variety, we need something else.’ I think we add to what’s already here,” Warger said.
Having the Van Aken shopping and dining district across the street doesn’t hurt, either.
“It’s a nice area to visit for a multitude of reasons,” he said. “We can all kind of feed off of the crowd we bring to the area.”
Midnight Owl covers 5,000 square feet, which includes the street-level taproom, full
...More info on site
|
|
USA, MA: Widowmaker Brewing to hold its grand opening in Boston on October 28
|
Earlier this year, it was reported that a South Shore brewery was looking to expand to Boston, and the new location is now up and running, the Boston Restaurant Talk reported on October 26.
According to its website, Widowmaker Brewing is open in Brighton, moving into the former Brato space on N Beacon Street.
The new outlet, which joins its original on Wood Road in Braintree, is basically in the midst of a soft opening, with its grand opening taking place on Saturday, October 28, and unlike its Braintree location which uses food trucks and also allows patrons to bring in their own food, the Brighton spot has a full kitchen (which is run by Bone & Bread) that offers such options as salads, tacos, sandwiches, ramen, and more.
The address for the new location of Widowmaker Brewing is 190 N Beacon Street, Brighton, MA, 02135.
|
|
USA, VT: Whetstone restaurant, brewery up for sale
|
David Hiler recently started spitballing ideas for ways to reinvent The Station and Whetstone Beer Co. when a new pedestrian bridge comes online as part of the new bridge being constructed from Hinsdale, N.H., to Brattleboro, the Brattleboro Reformer reported on October 24.
Ideas included an "east meets west brewfest," weddings and parties, blowing out the sides of a wall for patio tables so customers could walk up with their dog and grab something to eat. When co-owner Tim Brady asked if Hiler planned to do all those things, he gave an honest answer.
"I was like, I'm not going to do that," Hiler said. "I'm tired. I feel like this is the time for someone to bring it to the next level, where it had been before the pandemic."
Hiler said he's old — 59 years old — and lost a leg. He has a prosthetic leg after being diagnosed with synovial chondromatosis in his knee, a usually non-cancerous condition that creates lumps of cartilage that need to be removed.
For now, Hiler is back in the general manager position at The Station.
"I put 12 years of my life into this and want to put it in good hands and
...More info on site
|
|
Nigeria: Nigerian Breweries sustains losses for three consecutive quarters
|
|
Nigerian Breweries PLC has sustained a loss for three consecutive quarters amounting to N57.19bn by September 2023, a position caused by the spike in
...More info on site
|
|
World: Global barley production forecast down 0.2 mln tonnes
|
|
Global barley production forecast is down 0.2 mln tonnes, to 140.5 mln, driven by a few small changes globally, RMI Analytics said in their
...More info on site
|
|
EU & UK: Analysts reduce barley crop forecast on smaller output in Finland and parts of central Europe
|
|
RMI Analytics’ EU+UK barley crop forecast is down 0.2 mln tonnes to 54.46 mln tonnes, with output reduced in Finland and parts of central
...More info on site
|
|
Argentina: Barley crop development remains good
|
|
Argentina’s barley crop development remains good based upon rains 3-4 weeks ago but the weather has turned dry again. Further, the forecast remains dry
...More info on site
|
|
UK: Cereal Quality Survey confirms lower quality for both wheat and barley crops this year
|
|
Results from the Cereal Quality Survey confirm lower quality for both wheat and barley from the 2023 harvest, including specific weights. Unsurprisingly moisture contents
...More info on site
|
|
South Korea: Diageo completes sale of Windsor Global
|
Diageo on October 27 signed and completed the sale of Windsor Global (“WG”), a subsidiary of Diageo which owns the Windsor business and associated intellectual property, to PT W Co., Ltd., a Korean company sponsored by Pine Tree Investment & Management Co., Ltd., South Korea's leading alternative investment firm.
The transaction includes the sale of 100% of the shares of WG from Diageo Atlantic B.V. (“DABV”) to PT W Co., Ltd.
John O'Keeffe, President, Asia Pacific, Global Travel and India for Diageo said: “This transaction reflects Diageo’s disciplined approach to capital allocation and further highlights our continued track-record of active portfolio management. We remain fully committed to Korea and our international spirits and beer business. Our position in the market remains strong as premiumisation trends persist and consumer interest in categories like international whisky continues to grow.”
|
|
Ukraine: Grain exports fall so far for the 2023-24 marketing season
|
Grain exports for Ukraine fell to 8.72 million tonnes so far for the 2023-24 marketing season, Reuters reported, citing Ministry of Agrarian Policy and Food data, which also showed that by Oct. 28 of last year the country had exported 12.34 million tonnes.
Export volumes this year so far were 4.4 million tonnes of wheat, 3.5 million tonnes of corn and 669,000 tonnes of barley. In the previous season Ukraine exported 4.7 million tonnes of wheat, 6.6 million tonnes of corn and 1.05 million tonnes of barley.
The ministry said 1.97 million tonnes of grain were exported in the first 26 days of October. Ukraine exported 3.65 million tonnes from Oct. 1-27 a year ago.
Ukraine is among the world’s leading exporters of wheat, corn and barley. The country traditionally has shipped most of its agricultural products through its deepwater Black Sea ports, which have been under siege since Russia’s February 2022 invasion and blockade. Since the end of the Black Sea Grain Initiative, which offered safe passage for grain shipments until July this year, Russia also has attacked Ukraine’s agricultural infrastructure on the Danube River.
Ukrainian officials said 51 cargo vessels had entered a new Black Sea shipping corridor since it came into
...More info on site
|
|
India: India’s Proost Beer raises Rs 25 cr in pre-series A
|
Indian beer brand, Proost Beer has raised Rs 25 crore in a pre-series A funding round through a mix of equity and debt, the company announced in a press release on October 25.
Existing and new investors including Chimes Group, Dev Punj, The Chennai Angels, Finvolve, India Accelerator, Hyderabad Angels, Mumbai Angels, Angel List India, and Agiliti Venture, participated in the fundraise.
“With this funding, we anticipate achieving a remarkable 300% growth,” said Vijay P. Sharma, co-founder and MD, Proost Beer.
The company plans to use the funds to enhance its production capabilities and venture into new markets.
Established in 2017, Proost Beer operates under Grano69 Beverages. The beer brand runs its outlets in Punjab, Uttar Pradesh, and Kerala. The company aims to capture over 5 per cent share of the Indian beer market by the end of this decade.
|
|
Ukraine: Ukraine farmers sow 322,000 ha of winter barley as of October 24
|
Ukraine’s agriculture ministry said on October 25 that farmers had sown around 5 million hectares of winter crops as of Oct. 24, the Hellenic Shipping News Worldwide reported.
The area included 3.46 million hectares of winter wheat, or 79.4% of the expected area, the ministry said in a statement.
Ukraine is a traditional grower of winter wheat, which accounts for at least 95% of its overall wheat output.
Agriculture Minister Mykola Solsky said this month that Ukraine was likely to sow less winter wheat than it initially expected for the 2024 harvest due to the prolonged absence of rain across most regions.
Solsky gave no exact figure for the acreage that could be sown this year while the ministry has still expected a sowing area of 4.36 million hectares.
The ministry also said farmers had sown 322,000 hectares of winter barley and 1.36 million hectares of winter rapeseed.
Producers plan to sow 692,100 hectares of winter barley and 1.2 million hectares of winter rapeseed this year.
Farmers sowed 4.46 million hectares of winter wheat, 612,200 hectares of winter barley and 1.376 million hectares of winter rapeseed for the 2023 harvest.
Ukraine is expected to harvest 79 million tons of grain and oilseed in 2023, with a 2023/24 exportable
...More info on site
|
|
Register a new user (free of charge).
Top
Top
Top News