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E-Malt.com Newsletter 17a
April 21 - April 23, 2025
Quote of the Week
No matter what people tell you, words and ideas can change the world.Share this
Robin Williams
Currency Rates
Base Currency: US Dollar
on April 23, 2025 |
Base Currency: Canadian Dollar
on April 23, 2025 |
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1 USD = 0.8718 EUR
1 USD = 0.7483 GBP
1 USD = 1.3823 CAD
1 USD = 1.5624 AUD
1 USD = 140.9060 JPY
1 USD = 5.7718 BRL
1 USD = 81.3024 RUB
1 USD = 7.3023 CNY
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1 CAD = 0.7233 USD
1 CAD = 0.5412 GBP
1 CAD = 0.6306 EUR
1 CAD = 1.1301 AUD
1 CAD = 101.9170 JPY
1 CAD = 4.1747 BRL
1 CAD = 58.8056 RUB
1 CAD = 5.2817 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley-planted area potentially in for 4-5% gain this year
...Click here
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USA, CA: Moirae Brewing Company holds soft opening in Cameron Park
...Click here
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USA, TX: Black Chapel Brewing Co. preparing for May 3 grand opening in Johnston City
...Click here
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USA, NJ: Buena Connection Brewing Company to have its grand opening on Saturday, April 26
...Click here
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USA, PA: Human Robot Brewery moving to former Crime & Punishment Brewing Co. location in Philadelphia
...Click here
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UK: Simpson Malt increases capacity of Tweed Valley Maltings
...Click here
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Germany: German beer exports still faring better than domestic consumption
...Click here
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China: Beijing Yanjing Brewery reports 54.87% rise in 2024 profit
...Click here
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Australia: Ample time to achieve forecast barley crop of 12.5 mln tonnes, analysts say
...Click here
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Malaysia: Carlsberg CEO describes Malaysia as a “strategic stronghold market”
...Click here
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Ukraine: Brewer Obolon suffers staggering drop in 2024 net profit
...Click here
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World: Heineken N.V. successfully places €900 million of Notes
...Click here
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Myanmar: Carlsberg stepping up efforts in Myanmar’s beer market
...Click here
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Sweden: Sweden to allow microbreweries to sell beer to visitors, but after a ‘lecture’
...Click here
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Graph of the Week
Table of the Week
USA Hop Exports (Including Extract)
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 April
1654 - England and Sweden sign trade agreement
1982 - Dr. Michael E. Bakey performs 1st successful heart implant
1983 - 1 pound coin introduced in United Kingdom
22 April
1864 - The U.S. Congress passes the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States currency
1924 - Hague Chambers of Commerce forms
1969 - 1st human eye transplant performed
1991 - Intel releases 486SX chip
23 April
1851 - Canada issues its 1st postage stamps
1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula
Agenda
April 2025:
28 - 01 May: Craft Brewers Conference & BrewExpo America 2025 (Indianapolis, USA)
28 - 30: 27th Annual International Beer Strategies 2025 (Prague, the Czech Republic)
May 2025:
01 - 01: World Beer Cup 2025 (Indiana Convention Center, Indianapolis, IN, USA)
06 - 06: The Melbourne Royal Australian International Beer Awards 2025 (Melbourne, Australia)
08 - 11: Wiener Bierfest 2025 (Vienna, Austria)
12 - 13: European Malt Supply Summit 2025 (Paris, France)
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
18 - 20: EBC Symposium 2025 (Budapest, Hungary)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
13 - 14: Tallinn Craft Beer Weekend 2025 (Tallinn, Estonia)
16 - 18: VLB Africa Brewing Conference 2025 (Maputo, Mosambique)
20 - 22: Mondial de la Biere 2025 (Montreal, Canada)
July 2025:
03 - 04: The CIBD Sustainability in Brewing Conference 2025 (Nottingham, UK)
18 - 19: London Craft Beer Festival 2025 (London, UK)
August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
13 - 15: Brewing Summit 2025 (Palm Desert, CA, USA)
22 - 23: Beervana 2025 (Wellington, New Zealand)
September 2025:
04 - 06: Stockholm Beer & Whisky Festival 2025 (Stockholm, Sweden)
13 - 14: Bruges Beer Festival 2025 (Bruges, Belgium)
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)
October 2025:
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
November 2025:
04 - 06: Brussels Beer Challenge 2025 (Belgium)
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
13 - 15: Drink Technology India 2025 (Bombay Exhibition Centre, Mumbai, India)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
March 2026:
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
News Articles
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Canada: Barley-planted area potentially in for 4-5% gain this year
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Seeding has begun in southern Canada under reasonable moisture conditions, with a potential for 4-5% gain in barley-planted area, RMI Analytics said in their
...More info on site
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USA, CA: Moirae Brewing Company holds soft opening in Cameron Park
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After over a year of searching for a permanent location, a family-owned craft brewery has opened its doors in the Sacramento area, Sacramento Bee reported on April 22.
Moirae Brewing Company held its soft opening in Cameron Park on Saturday, April 19.
“Moirae Brewing has found a home!” The brewery announced in a March 31 post on Instagram. “This move allows us to expand production, welcome our loyal customers and connect with new ones.”
Moirae Brewing Company owners Zach and Ariela Grinnell have dreamed of opening their own brewery more than a decade, according to the company’s website.
Zach Grinnell, a certified cicerone and beer judge, is an award-winning home brewer and former real estate agent, according to the brewery website and LinkedIn, while his wife has spent the past seven years working at tech company Cisco.
The pair spent five years living in Boston before moving back to the West Coast in 2016, the site said.
In 2019, after settling in El Dorado Hills, the Grinnells set their sights on opening their own brewery — only to have the coronavirus pandemic put those plans on hold.
Now what began as a brewing hobby has finally become a reality, the Moirae
...More info on site
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USA, TX: Black Chapel Brewing Co. preparing for May 3 grand opening in Johnston City
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A new winery tasting room and brewery on the same property are preparing for a May 3 grand opening in Johnson City, about 65 miles from San Antonio. The Charleston Taylor Estate Winery and Black Chapel Brewing Co. will do much more than serve beverages at their new space, MSN reported on April 17.
The estate is located at 6212 W. U.S. Highway 290, which is next to Vinovium, a winery Texans might recognize as the host of the annual Texas Wine Jam.
A photo of the winery, sent via press release, shows an unassuming, rustic structure with a patio and parking. Both the winery and the brewery have been sharing photos and videos of their construction progress for months on Instagram.
The winery, named for the owners' children, takes a community-centered approach, offering plenty of excuses to visit beyond drinking wine. The press release lists haunted tours, tasting events, and workshops — both creating wine blends and Italian cooking. Some of these events center around a 19th century well used for aging wines.
The vineyard uses Cabernet grapes for its wines, and a mix of traditional and modern techniques. Its specialties are sparkling wines and reds, which are made with the winery's "Italian-inspired
...More info on site
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USA, NJ: Buena Connection Brewing Company to have its grand opening on Saturday, April 26
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The South Jersey brewery scene will be adding a new spot with the addition of the Buena Connection Brewing Company, 97.3 ESPN reported on April 18.
The new brewery will be having its grand opening on Saturday, April 26, and aims to become a favorite for South Jersey craft beer fans.
The new spot has a goal not only to make some of the best beer in the area, but also to connect the community, sharing the love of craft beer.
"We’re not just passionate about craft beer," the brewery says. We see it as a means to connect with our community and share our love for exceptional brews."
Buena Connection Brewing Company joins Bullhide Brewery in Pilesgrove, which is set to open soon, as new breweries in the South Jersey brewery scene.
Buena Connection Brewing Company will be inside the former gym known as Firm for Health and Fitness at 112 Wheat Road in Buena, behind the Dickenson and Company CPA building, which is at 118 Wheat Road.
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USA, PA: Human Robot Brewery moving to former Crime & Punishment Brewing Co. location in Philadelphia
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Human Robot Brewery is moving from its location on the Schuylkill River banks in Rittenhouse to the recently vacated storefront of Crime & Punishment Brewing Co., which shut down this month after a decade on Girard Avenue in Brewerytown. Human Robot also has plans in the works to open another tasting room in New Hope,
Human Robot, known for its foamy Milktube pours, announced the move in an Instagram post Tuesday afternoon. The brewer's Schuylkill Banks location, which opened in 2023, will close at the end of May. An opening date for the space at 2711 W. Girard Avenue is still unknown.
"One of our very first 'meetings' took place in this space, and it holds a very special place in our hearts," Human Robot said of the row home where Crime & Punishment became a neighborhood fixture. "We cherish the memories we've made there over so many exceptional beers and look forward to creating even more with all of you. Our hope is to get it reopened as soon as possible."
The upcoming spot on Girard Avenue also will serve sandwiches from Poe's Side Piece, a new counterpart to Poe's Sandwich Joint at Human Robot's headquarters on North 5th Street in
...More info on site
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USA, NY: Sad Boys Brewing ceases all operations
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After two years, Larkin's Sad Boys Brewing has announced that they are ceasing all operations immediately, citing "unforeseen circumstances", Spectrum News 1 reported on April 22.
They made the announcement via social media.
“It’s with a heavy heart we announce our closing. Due to unforeseen circumstances we have ceased operations effectively immediately. We would like to thank all our loyal patrons for the past 2 amazing years. It’s not goodbye its ‘I’ll see you later’,” the brewery wrote on Facebook.
Homebrewers John O’Neill, Tyler Randle, Collin Edbauer and Andrew Anderson opened the brewery in 2023 on Exchange Street near Larkin Square.
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UK: Simpson Malt increases capacity of Tweed Valley Maltings
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Capacity at the UK’s largest malting site has increased further following the commissioning of a new germination and kilning vessel (GKV), Northumberland Gazette reported
...More info on site
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Germany: German beer exports still faring better than domestic consumption
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Germany's famous beer brands appear to be losing popularity in other countries. However, exports are still faring better than domestic consumption, Deutsche Welle reported
...More info on site
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China: Beijing Yanjing Brewery reports 54.87% rise in 2024 profit
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Beijing Yanjing Brewery Co., Ltd., a subsidiary of Beijing Enterprises Holdings Limited, reported on April 22 a significant financial performance for the year ending
...More info on site
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Australia: Ample time to achieve forecast barley crop of 12.5 mln tonnes, analysts say
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Earlier rainfall set up New South Wales and Queensland ahead of crop’25 seeding, but the latest rainfall leaves other regions in Australia needing moisture.
...More info on site
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Malaysia: Carlsberg CEO describes Malaysia as a “strategic stronghold market”
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Carlsberg Group CEO Jacob Aarup-Andersen has described Malaysia as a “strategic stronghold market” of the brewer, The Sun reported on April 20.
Despite a challenging environment, Carlsberg Malaysia delivered solid growth in revenue and net profit for the financial year ended Dec 31, 2024. It reported a 5.1% increase in revenue to RM2.4 billion and a 3% growth in net profit to RM337.1 million.
“Asia remains a region with volume and value growth opportunities, and we will continue to accelerate growth in Asia,” Aarup-Andersen said during a recent trip to Malaysia. “I am pleased with our solid performance in Malaysia, where we have seen strong growth for both the Carlsberg and 1664 brands. Malaysia was a key contributor to our overall performance last year, with strong growth in earnings and a continued focus on premiumisation and innovation.”
At the heart of Carlsberg Group’s long-term vision is a deep commitment to sustainability – not just as a business imperative, but as a shared responsibility to the planet and future generations. Carlsberg Group remains focused on embedding sustainability into every aspect of its operations, strategy, and leadership mindset globally through the group’s 'Together Towards ZERO and Beyond' ESG programme, a core pillar of the Accelerate
...More info on site
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Ukraine: Brewer Obolon suffers staggering drop in 2024 net profit
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Obolon PJSC, one of Ukraine’s largest beer and beverage producers, reported a net profit of 1.248 million hryvnias for 2024 — a staggering 1,470
...More info on site
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UK: Barley prices down as malting slows in the UK
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Since President Trump announced his raft of tariffs which came into force at the beginning of April there has been chaos with decisions being
...More info on site
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World: Heineken N.V. successfully places €900 million of Notes
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Heineken N.V. announced that it has successfully placed €900 million of 7.5-year Notes with a coupon of 3.276% on April 22.
The Notes will be issued under the Company's Euro Medium Term Note Programme and will be listed on the Luxembourg Stock Exchange.
The proceeds from the Notes issuance will be used for general corporate purposes, including debt repayments. The maturity date of the Notes is 29 October 2032.
ABN Amro, Barclays, HSBC, ING and Santander acted as active book runners.
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Myanmar: Carlsberg stepping up efforts in Myanmar’s beer market
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Danish brewer Carlsberg is stepping up its efforts in Myanmar’s beer market, where international players are gaining ground amid shifting consumer preferences following the 2021 military coup, Scandasia reported on April 20.
According to a recent report by Nikkei Asia, Carlsberg is actively chasing market leader Heineken through a local joint venture. The company is optimistic about the future, with a spokesperson noting positive momentum across all sales channels, including wholesale and retail, as beer consumption rebounds from pandemic-era lows.
Rather than relying solely on its flagship Carlsberg label, the Danish brewer has found growing success with its Yoma brand, a local offering known for its affordability and high alcohol content—ranging from 6.5% to 8%. This strategy has helped the company connect with cost-conscious consumers seeking stronger brews.
Looking ahead, Carlsberg aims to strengthen its position in the market by introducing its internationally recognized Danish label Tuborg, targeting a broader segment of Myanmar’s increasingly brand-aware beer drinkers.
Carlsberg also emphasizes its local engagement. The company reports that 99% of its employees in Myanmar are local citizens, underscoring its long-term commitment to the country despite political and logistical challenges.
Myanmar’s beer market has seen dramatic changes since the military takeover, which triggered a boycott of domestic
...More info on site
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Sweden: Sweden to allow microbreweries to sell beer to visitors, but after a ‘lecture’
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Sweden will allow its microbreweries, vineyards and distilleries to sell their drinks on-site to visitors, in a relaxation of strict rules on alcohol sales that aim to protect public health and which have been in place since 1955, Reuters reported on April 23.
But visitors must be on a paid tour and must listen to what the law described as a lecture "with real content" about the drink first, as well as facts about the negative effects of alcohol consumption.
Under current rules, shops in the Nordic country can only sell drinks with up to 3.5 percent alcohol. For stronger drinks, consumers must head to Systembolaget, the state-run alcohol chain which operates 450 outlets across Sweden. The stores have limited opening hours, don't advertise alcohol or discount drinks.
The government's so-called "farm sale" law for alcoholic beverages of all strengths takes effect in June and runs for six years before a mandatory evaluation. The law states visitors must have paid, can buy only small "souvenir-style" amounts and have to listen to "a lecture" with an educational element.
The change is controversial and seen by politicians on the left as a first step in dismantling the state's decades-old monopoly on alcohol sales. Sweden was given
...More info on site
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