If you want to see this letter from our site, please follow this link. https://www.e-malt.com/Publications.asp?19113
E-Malt.com NewsLetter
Newsletter Summary

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

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!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Newsletter 47a
November 20 - November 22, 2023


Quote of the Week

Don't let yesterday take up too much of today.
Will Rogers

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 192,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: EUR203.00
Two-year individual subscription: EUR359.00
Save money when your colleagues join:

One-year group subscription for 2-5 members: EUR418.00
One-year group subscription for 6-10 members: EUR623.00
One-year group subscription for 11-20 members: EUR827.00
One-year group subscription for 21-50 members: EUR1,104.00
One-year group subscription for 51-100 members: EUR1,381.00
One-year group subscription for 101 and more members: EUR1,683.00

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: US Dollar
on November 22, 2023
Base Currency: Canadian Dollar
on November 22, 2023
      1 USD = 0.9140 EUR
1 USD = 0.7978 GBP
1 USD = 1.3707 CAD
1 USD = 1.5223 AUD
1 USD = 147.8340 JPY
1 USD = 4.8710 BRL
1 USD = 88.1544 RUB
1 USD = 7.1039 CNY
      1 CAD = 0.7294 USD
1 CAD = 0.5819 GBP
1 CAD = 0.6667 EUR
1 CAD = 1.1104 AUD
1 CAD = 107.8340 JPY
1 CAD = 3.5530 BRL
1 CAD = 64.3021 RUB
1 CAD = 5.1817 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news Canada: Canadian barley production 2023-24 estimated at 7.84 mln tonnes ...Click here
Brewery news USA, NC: TRVE Brewing announces upcoming brewery in Asheville ...Click here
Brewery news USA, PA: Artifact Brewing getting ready to open its second location ...Click here
Brewery news Canada, ON: Signal Brewing Company now under new ownership ...Click here
World News
Brewery news Japan: Asahi Super Dry helps to sustain Asahi Group’s profitability and international growth in January-September ...Click here
Brewery news Nigeria: Nigerian Breweries launches a bid to acquire two Nigerian subsidiaries of Heineken ...Click here
Brewery news Asia: DBS Group Research analysts remain positive on ThaiBev’s performance ...Click here
Barley news China: Imports of Australian barley reach 313,700 tonnes since resuming shipments in October ...Click here
Brewery news The Czech Republic: Soft drinks maker Kofola to expand into beer business ...Click here
Whisky news Japan: Japanese whisky prices remain on a spirited upswing ...Click here
Whisky news Russia: Whisky brands which cut ties with Russia still available there thanks to parallel imports system ...Click here
Barley news China: Grain feed and residual use projected to rise slightly in 2023-24 ...Click here
Graph of the Week


Table of the Week

Africa Beer Production 2017 - 2022s


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


20 November
1923 - Garrett Morgan invents & patents traffic signal
1959 - U.N. adopts Universal Declaration of Children's Rights
1984 - McDonald's made its 50 billionth hamburger
1985 - Microsoft Windows 1.0 is released

21 November
1877 - Tom Edison announces his "talking machine" invention (phonograph)
1930 - 1st commercial crossing of Pacific by plane (China Clipper)
1977 - 1st flight of Concorde, London to New York

22 November
1906 - International Radio Telecommunications Com adopts "SOS" as new call for help
1927 - 1st snowmobile patent granted to Carl Eliason (Sayner Wisc)
1954 - Humane Society forms
2005 - Angela Merkel becomes the first female Chancellor of Germany


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)

More events are available on site e-malt.com

News Articles


Barley newsCanada: Canadian barley production 2023-24 estimated at 7.84 mln tonnes
For 2023-24, Canadian barley production is estimated at 7.84 million tonnes (Mt) by Statistics Canada (STC) according to its September 14, 2023, model-based yield ...More info on site


Brewery news USA, NC: TRVE Brewing announces upcoming brewery in Asheville
2024 is shaping up to be a massive year for Denver’s TRVE Brewing. Just over a month ago, the metal-themed brewery announced that it would open a second Denver location in the popular River North Art District sometime in the new year. Now, TRVE has confirmed the long-rumored opening of its first out-of-state brewery and taproom in Asheville, NC, PorchDrinking.com reported on November 21.

Expected to open in early 2024, TRVE Brewing AVL will take over the space previously occupied by Eurisko Beer Company, at 255 Short Coxe Ave in the South Slope neighborhood.

TRVE first began searching for an Asheville location in 2019 with a location nearly finalized before COVID hit in 2020. Co-owner and COO, EJ Nunns had spent a formative portion of her career in the Asheville beer scene and knew Eurisko founder, Zac Harris from her time in the industry.

“I started my craft beer career in 2012 at Wicked Weed Brewing where I became the Brand Manager, and left in 2016 to be the Head of Marketing for Burial Beer Co. Those experiences provided me with an unparalleled vantage point and perspective on NC beer, and business and I am excited to pair that with the expertise, ...More info on site


Brewery news USA, PA: Artifact Brewing getting ready to open its second location
Artifact Brewing, the popular Hatboro brewery, is getting ready to open its second location in Doylestown, in the old Fine Wine & Good Spirits space, writes Michele Haddon for the Bucks County Courier Times.

Despite opening just at the outset of the pandemic, Artifact Brewing founders Ryan McKinney and Matt Brzowski managed to grow their following to a point where demand outpaced production. This success prompted them to bring Dan Richards on board as a third partner to better position the brewery for expansion.

McKinney, a Doylestown native, is happy to be opening their first outpost in his hometown.

“I’m excited to get back into Doylestown and back to my roots, and to catch up on everything I’ve missed since moving to Horsham and to share my love of craft beer with the town and all my friends,” he said.

The owners are aiming for an early 2024 opening. Their main goal is to create an inviting space where everybody will be able to relax.

“I want lawyers to be able to come and enjoy a pint after a trial, and a local artist to feel just as comfortable sitting next to that person,” he said.


Brewery news Canada, ON: Signal Brewing Company now under new ownership
Belleville's Signal Brewing Company is under new ownership, InQuinte reported on November 17.

The owner of Skeleton Park Brewery in Kingston has purchased both Signal Brewery in Corbyville and Spearhead Brewing in Kingston under the banner of the newly formed Spearhead Brewing Incorporated.

News of the two acquisitions was made public earlier this week in an article in the Kingston Whig-Standard.

Signal opened in Corbyville as a brewery, restaurant, and entertainment destination in the summer of 2017.

It was later put up for sale after the death of owner Richard Courneyea in December of 2021.

The new owners reportedly have plans underway to reopen Signal in a few weeks.

It has been officially listed as closed since late summer.


Brewery newsJapan: Asahi Super Dry helps to sustain Asahi Group’s profitability and international growth in January-September
Asahi’s star-performing beer product Asahi Super Dry has helped to sustain the firm’s profitability and international growth even amid cost setbacks at its new ...More info on site


Brewery newsNigeria: Nigerian Breweries launches a bid to acquire two Nigerian subsidiaries of Heineken
Nigerian Breweries (NB) Plc has launched a bid to acquire two Nigerian subsidiaries of Heineken with a value of about N7.01 billion in a ...More info on site


Brewery news Asia: DBS Group Research analysts remain positive on ThaiBev’s performance
DBS Group Research analysts Andy Sim and Chee Zheng Feng remain positive on Thai Beverage (ThaiBev), which the analysts call the “undisputed market leader [of beverages] in Southeast Asia (SEA), The Edge Singapore reported on November 20.

“Its portfolio of alcoholic and nonalcoholic brands includes Chang, Saigon Beer, Hong Thong, Mekhong, Grand Royal, and Oishi green tea, amongst others. These brands have held dominant market share in their respective geographies in the past decade. The group also has exposure in the food business, and hold franchises for KFC and Starbucks, in Thailand,” they write in their Nov 20 report.

ThaiBev is expected to return to earnings growth in FY2024 with the recovery in the performance of its beer business in Vietnam, which was “muted” after a “dismal” FY2023. Sabeco, ThaiBev’s brand in Vietnam, is also “uniquely positioned” to weather the short-term consumer weakness in Vietnam given its mainstream brand positioning. The analysts also expect to see an uplift in earnings from the optimisation of advertising and promotion (A&P) spending.

“We expect to see growth in volume and an earnings recovery towards 2HFY2024 and pencilled in 8% top-line and 15% patmi growth in FY2024 (back to 2018 level of profitability, but only at 80% ...More info on site


Barley newsChina: Imports of Australian barley reach 313,700 tonnes since resuming shipments in October
China resumed imports of Australian barley in October, with the amount reaching 313,700 tons worth $88.4 million, according to data released by the General ...More info on site


Brewery newsThe Czech Republic: Soft drinks maker Kofola to expand into beer business
Czech soft drinks maker Kofola CeskoSlovensko will expand into the beer business with the acquisition of Pivovary CZ Group, the country's fifth largest brewer, ...More info on site


Whisky news Japan: Japanese whisky prices remain on a spirited upswing
Prices of Japanese whisky remain on a spirited upswing. As Japanese whisky has captivated the sophisticated taste buds of whisky lovers across the world with its high quality, exquisite craftsmanship and unique flavor profiles, some premium Japanese brands have seen their prices surge nearly 40% in the past five years, the Nikkei Asia reported on November 19.

With the speed of the expansion of supply limited by the aging process that whisky requires, the enduring Japanese whisky boom is driving prices higher.

According to data from Nikkei POS, which collects sales data from supermarkets and other retailers nationwide, the average retail price of whisky and brandy in stores was 1,624 yen ($10.80) in October, about 20% higher than in October 2018.

An analysis of purchase amounts and brands showed a noticeable increase in relatively expensive domestic whiskies.

Over the past five years, Suntory's top-of-the-line Hibiki Japanese Harmony blended whisky has become nearly 40% pricier, and a 700-milliliter bottle of Yamazaki single malt whisky has gained about 25% in price.

Prices of Nikka Whisky's higher-priced Yoichi and Miyagikyo, which also are single malt offerings, have surged as well.

Suntory raised the suggested retail price of Yamazaki by 7% starting with its April 2022 shipments due to higher ...More info on site


Whisky news Russia: Whisky brands which cut ties with Russia still available there thanks to parallel imports system
Politico reported on November 15 that despite the best efforts of Beam Suntory and other major spirits brands to end business with Russia, citizens within the country can still find bottles of Jim Beam and The Macallan at Russian stores.

A Politico investigation found that products from both Beam Suntory and The Macallan’s parent company, Edrington, are still distributed in Russia due to Putin’s parallel imports system, also referred to as the “gray market.”

“It’s a common problem,” said Andrii Onopriienko, the head of Leave Russia, an organization that tracks foreign companies and their decision to end business ties with Russia after the country invaded Ukraine, per Politico.

Onopriienko went on to claim that the issue took place outside of food and beverage as well.

Due to the parallel imports system, the financial ramifications for cutting business with Russia can have plenty of drawbacks — so much that some businesses resumed selling alcohol in the country. After all, if a company’s products are going to be sold in Russia regardless, many companies would rather be the one to profit off of those sales.

Bacardi faced plenty of media scrutiny after pulling operations in Russia for a brief period and then resuming sales within the country. ...More info on site


Barley news China: Grain feed and residual use projected to rise slightly in 2023-24
China’s grain feed and residual use in marketing year 2023-24 is projected to rise slightly to 285 million tonnes, up 2.7% from 282.3 million tonnes in 2022-23, according to a Global Agricultural Information Network (GAIN) report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.

FAS Post Beijing anticipates corn production in 2023-24 to edge higher to 280 million tonnes due to a larger planted area at 40.927 million hectares (up 1.9%) and improved yields. Feed and residual demand for corn is expected to be 222 million tonnes in 2023-24, growing 2% from 220 million tonnes year-on-year.

The FAS sees 2023-24 corn imports at 20 million tonnes, 1 million tonnes lower than the June forecast, as alternative domestic and imported grains free from tariff rate quota (TRQ) requirements are available to replace corn in feed; substitution of domestic old stock rice and sprouted wheat as well as imported sorghum and barley for corn will be significant.

“Traders unable to competitively import corn or receive TRQs have an active interest in alternative grains such as domestic sprouted wheat and old stock rice and imported barley and sorghum as replacements for corn in feed rations,” the FAS said. “On the other ...More info on site


Copyright © E-Malt s.a. 2023