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E-Malt.com Newsletter 40b
October 02 - October 05, 2025
Quote of the Week
Fun is like fine beer: it is rarely enjoyable alone.
African proverb
Currency Rates
Base Currency: US Dollar
on October 03, 2025 |
Base Currency: Canadian Dollar
on October 03, 2025 |
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1 USD = 0.8524 EUR
1 USD = 0.7428 GBP
1 USD = 1.3951 CAD
1 USD = 1.5138 AUD
1 USD = 147.0960 JPY
1 USD = 5.3335 BRL
1 USD = 81.9391 RUB
1 USD = 7.1192 CNY
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1 CAD = 0.7167 USD
1 CAD = 0.5323 GBP
1 CAD = 0.6109 EUR
1 CAD = 1.0849 AUD
1 CAD = 105.4230 JPY
1 CAD = 3.8225 BRL
1 CAD = 58.7252 RUB
1 CAD = 5.1023 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, OH: Mosaic Brewing Co. plans to open in Cleveland on October 17
...Click here
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USA, UT: SaltFire Brewing Company coming to Midvale
...Click here
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Canada: Ample supplies and lack of demand weighing on feed barley prices
...Click here
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USA, NE: Kinkaider Brewing Co. holds soft opening of new Kearney location
...Click here
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Canada: Labatt launches alcohol-free Michelob as Canadians seek alternatives
...Click here
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USA, TX: Faust Brewing Company announces upcoming closure on October 31
...Click here
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USA, OH: Mentor Brewing Company owners retiring and closing the business on January 1
...Click here
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USA, MO: Steampunk Brew Works to close after nearly two decades in business
...Click here
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USA, MO: Arch Nemesis Brewing to close for good at the end of November
...Click here
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Brazil: Medium-sized brewers carving out market share by targeting premium segment
...Click here
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Argentina: Barley crop forecast unchanged at 4.9 mln tonnes
...Click here
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Malaysia: Brewery industry contributes RM7.1bil to GDP
...Click here
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Malaysia: Heineken calls on government to maintain current excise duty on beer
...Click here
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New Zealand: DB Breweries appoints new managing director
...Click here
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UK: Jersey’s only major brewery to close and relocate production to Somerset
...Click here
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Graph of the Week
Table of the Week
World Barley Trade
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 October
1608 - Prototype of modern reflecting telescope completed by Jan Lippershey
1866 - J Osterhoudt patents tin can with key opener
1956 - 1st atomic power clock exhibited in New York City
03 October
1906 - SOS adopted as warning signal by 1st conference on wireless telegraphy
1922 - 1st facsimile photo send over city telephone lines, Washington, DC
1952 - 1st video recording on magnetic tape, Los Angeles, California
04 October
1910 - 1st public elevator (London's Earl's Court Metro Station)
1957 - USSR launches Sputnik I, 1st artificial Earth satellite
1958 - USSR Luna 3 sent back 1st photos of Moon's far side
1976 - Official launch of the InterCity 125 high speed train
05 October
1887 - Rene Cassin is born, pacifist, Nobel Peace Prize 1968
1902 - Ray Kroc born in Illinois, founder of McDonalds and owner of the San Diego Padres
1991 - The first official version of the Linux kernel, version 0.02, is released
1993 - Daimler-Benz becomes the first German company to be listed on the New York Stock Exchange
Agenda
October 2025:
07 - 08: RMI Asia Pacific Regional Summit 2025 (Perth, Australia)
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
16 - 17: Salon du Brasseur 2025 (Parc Expo Nancy, France)
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)
15 - 18: The International Beer Cup 2025 (Osaka, Japan)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)
March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
18 - 19: BeerX 2026 (Liverpool, UK)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22 May: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
04 - 07: Worldwide Distilled Spirits Conference 2026 (Edinburgh, UK)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
News Articles
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USA, OH: Mosaic Brewing Co. plans to open in Cleveland on October 17
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Mosaic Brewing Co. is coming along: The inspections are passed, equipment is in place, the painted signage is almost done. And, of course, the brewery in Cleveland’s Tremont neighborhood boasts one of the best views around, with Terminal Tower, Rocket Arena and Progressive Field forming the cityscape in the not-so-distant horizon, Cleveland.com reported.
The owners plan to open Friday, Oct. 17.
The name of the brewery, located in a building almost 100 years old, comes from the home of the Cleveland Marble Mosaic Co. It’s at 2070 W. 7th St., next to Fat Cats.
Running the brewery are general manager Bart Gabbard, co-owners Toby Hagedorn and Ed King and head brewer Caleb Brown.
“We’ve parked here and walked to see Guardians games a handful of times, my wife and I,” King said. “One-point-two miles.”
King said a trail across the street has been busy with the inviting weather, with some folks crossing the street to ask, “Hey, you guys open?”
Final touches are moving along, with one of the few changes actually an addition of sorts: They decided to clean up the back for a “rustic” area and hope to add Adirondack chairs for dog lovers and smokers, King said. Stone salvaged from the property serves
...More info on site
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USA, UT: SaltFire Brewing Company coming to Midvale
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An old evangelical church on Midvale’s Main Street will soon be home to a new bar and restaurant, Midvale Journal reported on October 1.
Midvale’s Redevelopment Agency approved doling out a $250,000 interest-free loan to SaltFire Brewing Company on August 5. The loan will support the brewery’s plan to revamp the Evangelico Eterno church, located at 7584 Main Street.
Unlike SaltFire’s South Salt Lake location, the brewery’s bar in Midvale will also house a restaurant. SaltFire plans to sublease half of the building to Cutthroat Burger, which will provide the dining portion of the taproom’s menu.
“This feels like one of the easiest actions we’ve had,” Councilmember Bryant Brown said before the 4-0 vote approving the term sheet for the loan.
The Utah-based brewery will use the interest-free loan for kitchen renovations, purchasing beer equipment, signage, and furnishings. The RDA’s loan also requires SaltFire to spend 5% of the total allowance to advertise its Midvale location, according to a summary report submitted to the Redevelopment Agency of Midvale.
The RDA only gives out zero percent loans to businesses that provide a public benefit to Midvale’s community. To help meet that requirement, the loan obligates SaltFire to participate in all RDA-led events taking place on
...More info on site
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Canada: Ample supplies and lack of demand weighing on feed barley prices
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Ample supplies and a lack of demand are weighing on Western Canadian feed barley in early October, with both buyers and sellers reluctant to push values one way or the other, Canadian Cattlemen reported on October 2.
“Feed grains are under pressure,” said Brandon Motz of CorNine Commodities in Lacombe, Alta. He said good crops were limiting buying interest, while farmers were content to hold onto their recently harvested supplies to hold out for better prices if they can.
“The farmer isn’t really a big seller. … They’ve seen the prices tumble,” said Motz, adding that “bin lids are locked.”
High cattle prices may also be negatively affecting the grain market, as feedlots must put out record cashflow to bring cattle in.
“We do expect demand to come back in at the end of this year or the beginning of next,” said Motz.
“Who blinks first? That’s the question — the buyer or the seller?” asked Motz. “As long as the farmer has cash flow, they’re willing to wait.”
U.S. corn prices are also relatively high, limiting competition from corn imports.
Feed barley into Lethbridge, Alta., was priced at C$244 to C$255 per tonne as of Sept. 26, according to the Alberta government’s weekly market review. That
...More info on site
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USA, NE: Kinkaider Brewing Co. holds soft opening of new Kearney location
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Kinkaider Brewing Co. held a soft opening for its new Kearney location in the Younes campus, right off of Interstate 80, Central Nebraska Today reported on October 3.
The soft opening took place on Sept. 30 and Oct. 1 at the new facility located at 221 11th Ave.
“We have been looking at Kearney for a number of years,” Kinkaider co-owner Cody Schmick said in a fall 2024 announcement.
“With popular locations in Lincoln, Omaha, and Broken Bow, Kinkaider has become one of Nebraska’s most recognized craft breweries. At Younes Landing, guests can look forward to a wide lineup of their Nebraska-brewed beers alongside Sideshow Spirits cocktails in a brand-new taproom,” according to Visit Kearney.
“Kinkaider Brewing is all about bold, Nebraska-made craft beer served with a welcoming, down-to-earth vibe. At our new Kearney location, you’ll find fresh brews, a menu of local favorites, and the perfect place to gather with friends,” Kinkaider Brewing stated on its website.
“Kearney, with its growing population and vibrant local scene, is the perfect place to share our story and beers. As a town that’s known for its welcoming vibe and forward-thinking spirit, Kearney offers the perfect backdrop for Kinkaider’s next chapter,” Kinkaider noted in a blog post.
Business hours
...More info on site
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Canada: Labatt launches alcohol-free Michelob as Canadians seek alternatives
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Something different is increasingly brewing at bars across Canada. The beer pours the same, smells the same and even tastes the same.
But there's one thing missing: the hangover.
Demand for alcohol-free beverages has been growing for some time as Canadians increasingly shy away from drinking. And longtime brewers want a piece of the action.
"It's the growth of the category that opens the door for us to bring more of our iconic brands over into non-alcohol," said Doug Port, vice-president of ready-to-drink and non-alcoholic beverages at Labatt Brewing Co. Ltd.
At a small pub inside Labatt's downtown Toronto headquarters, Port sat by the wide-countered bar featuring two of its best-known beers — Budweiser and Labatt 50 — on tap. He has been spearheading innovation in ready-to-drink cocktails and non-alcoholic beverages at the company's brewery in London, Ont.
The company debuted the non-alcoholic version of Michelob Ultra on Thursday, expanding its existing array of booze-free beverages in Canada. It's the latest of the brewer's non-alcoholic offering as it hopes to capitalize on shifting consumer tastes.
Non-alcoholic beverages have seen double-digit growth in Canada over the years, according to a 2024 report by marketing agency NIQ. And non-alcoholic beers dominate that share, accounting for 76 per cent
...More info on site
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USA, TX: Faust Brewing Company announces upcoming closure on October 31
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Faust Brewing Company announced its upcoming closure on Oct. 31 at 499 S. Castell Ave. in New Braunfels, according to a Facebook post, Community Impact reported on September 30.
“For 16 wonderful years, we have had the privilege of serving our community, sharing laughter, celebrations, and creating unforgettable memories,” the post states.
Faust Brewing Company—which opened in 2009—sells lagers, IPAs and mixed drinks, according to previous reporting by Community Impact. The brewery also had live music and a food trailer that sold American pub fare food items with a German twist.
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USA, OH: Mentor Brewing Company owners retiring and closing the business on January 1
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The owners of Mentor Brewing Company announced they are retiring and closing the business on Jan. 1, 2026, 19 News reported on October 1.
Brian Seelinger and Rick Mack first opened the Mentor business at 9528 Diamond Centre Dr. as a Home Beer & Wine Supply shop in 2010.
What was once a small tap system for patrons to sip on while shopping eventually expanded into a brewery.
The owners confirmed the brewery and building are for sale.
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USA, MO: Steampunk Brew Works to close after nearly two decades in business
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After nearly two decades in business, Steampunk Brew Works (231 Lamp & Lantern Village) will close as owner David Deaton retires. The Town & Country homebrew supply shop and taproom, known to regulars as “The Punk,” has been a cornerstone of the St. Louis beer community since 2006, St. Louis Magazine reported on September 30.
In a farewell message on social media, Deaton thanked customers and staff for their support. “I had no idea what an incredible adventure awaited me,” he wrote. “What started as a dream quickly became something much greater—a gathering place, a collaborative space, a shared story and purpose with the community I love so much.”
Steampunk began as a small homebrew supply business before expanding to include a taproom. Over the years, Deaton estimates that more than 50 families who worked there went on to start breweries of their own, extending St. Louis’ reputation as one of the most vibrant beer cities in the country.
The business also became known for its hands-on events, such as brewing demonstrations and educational meetups with local homebrew clubs. These gatherings reflected Steampunk’s broader role in the community as a place where recipes were shared, beginners were welcomed, and connections were made
...More info on site
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USA, MO: Arch Nemesis Brewing to close for good at the end of November
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Arch Nemesis Brewing (17081 N. Outer 40 Rd., Suite 208, Chesterfield), a nano brewery tucked inside The District in Chesterfield Valley, will close its tasting room at the end of November. It’s a bittersweet finale for one of the region’s most playful entries into the craft beer scene, a brewery that specialized in kombucha and small-batch beer while branding itself like a comic book come to life, St. Louis Magazine reported on October 2.
Owner Jim Hofer calls the decision “necessary,” citing the end of his day job contract, slow growth, limited production capacity, and the overall headwinds hitting the craft beer industry.
“We didn’t run out of ideas. We didn’t run out of love for brewing,” he says. “We just ran out of the kind of support you need to keep it sustainable.”
From the start, Arch Nemesis leaned into its alter ego. Hofer styled himself “head miscreant,” while every staff member was proudly called a “henchman.” Each new beer arrived with the energy of a new character introduction: Roc-toberfest, Ultrasonic Teenage Warhead, The Caped Cuveér… The comic-book theme wasn’t just a gimmick; it gave fans a reason to buy in beyond the beer.
Arch Nemesis also drew attention for how it handled
...More info on site
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Brazil: Medium-sized brewers carving out market share by targeting premium segment
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While overall beer production in Brazil has remained steady at around 15 billion litres over the past three years, according to the Ministry of Agriculture’s 2025 Beer Yearbook, medium-sized brewers are carving out a market share by targeting the premium segment, introducing new flavors, seasonal offerings, and niche products, such as non-alcoholic beers, Valor International reported on September 30.
A survey by Abracerva (Brazilian Craft Beer Association) showed that smaller breweries produced 220 million liters in 2024, accounting for 1.4% of national output. However, the sector’s economic weight extends far beyond volume, says Abracerva President Giba Tarantino.
“The industry, made up of small and medium-sized producers, generated around R$4.4 billion in 2024, from the factory to the point of sale. When we consider the revenue from bars and restaurants, including pairings with dishes and snacks, this figure can be up to ten times higher,” he notes, adding that the beer chain supports roughly 2.5 million direct and indirect jobs across the country.
With a brewery in Três Rios, in the countryside of Rio de Janeiro, Hocus Pocus has expanded its production by introducing new recipes and concentrating on the Rio-São Paulo corridor. The company now employs 80 staff members and sells through more
...More info on site
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Argentina: Barley crop forecast unchanged at 4.9 mln tonnes
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Further rains are adding to the already ample moisture situation in Argentina, and further elevate crop disease concerns. The experts’ barley crop’25 forecast for
...More info on site
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Malaysia: Brewery industry contributes RM7.1bil to GDP
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The Confederation of Malaysian Brewers Bhd (CMBB), comprising Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) and Heineken Malaysia Bhd, contributed an average of RM 7.1bil annually to the Malaysian economic growth between 2022 and 2023, The Star reported on October 2.
In a statement, CMBB said this supported 52,400 jobs and generated RM3.3bil in annual tax revenue.
“As an integral part of the manufacturing industry, the brewing industry contributes 0.4% of the national gross domestic product and 1.5% of Malaysia’s total tax revenue, underscoring the sector’s strong multiplier effect across the value chain.”
Meanwhile, Stefano Clini, managing director of Carlsberg Malaysia and Martijn van Keulen, managing director of Heineken in a joint statement as members of CMBB’s Governing Council, said: “Brewers are significant contributors to Malaysia’s economy – not only through taxes but also by driving employment and industrial activity across manufacturing, logistics, retail, and hospitality sectors.”
The statistics were revealed via the Economic Impact Assessment of the Brewing Industry in Malaysia, an independent study conducted by the South-East Asia Public Policy Institute, in collaboration with the University of Nottingham Malaysia.
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Malaysia: Heineken calls on government to maintain current excise duty on beer
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Heineken Malaysia Bhd has called on the government to maintain current excise duty levels on beer in Budget 2026, warning that further increases would fuel the illicit alcohol trade, erode tax revenues and harm legitimate businesses and Malaysian jobs, BusinessToday Malaysia reported on September 28.
Its Managing Director Martijn van Kuelen said Malaysia already ranks among the highest globally in beer excise rates, a level more typical of economies with GDP many times larger than Malaysia’s.
“Any increase in excise will significantly widen the price gap between legal and illicit beer, further fuelling the illicit trade, particularly in East Malaysia.
“Illicit beer is cheaply priced, high in alcohol content and often produced with unknown standards. Many of these products do not comply with local laws,” Martijn said to BusinessToday in an email interview.
He warned that such a shift would undermine the government’s fiscal goals, as rising consumption of untaxed products would reduce revenue collection and jeopardise the industry’s contribution of over RM2 billion annually.
Martijn emphasised that a balanced tax policy is essential to protect consumers and preserve jobs across the value chain.
Acknowledging the government’s fiscal pressures, Martijn urged policymakers to focus on stronger enforcement against illicit trade rather than tax hikes.
“We commend the
...More info on site
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New Zealand: DB Breweries appoints new managing director
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DB Breweries has announced the appointment of Peter Hart as Managing Director, The Shout reported on October 1.
A strategic, globally experienced Kiwi leader, Hart has deep ties to the company, having started his career at Allied Liquor Merchants in the (then) Spirits & Wines division of DB Group.
He was responsible for the launch of New Zealand’s first branded RTD, later moving to the brewery to lead the marketing relaunch of DB Draught – DB’s largest brand at the time – and oversaw the launch of Heineken in New Zealand.
Hart brings with him 15 years of international experience working directly for HEINEKEN across three continents, including leadership roles in Amsterdam and South Africa.
His return marks a significant moment for DB, as the business strives to leverage its global expertise while remaining deeply rooted in New Zealand, to enable it to lean into its next exciting chapter.
Most recently the founder and CEO of South Africa’s #1 independent beer and spirits distribution business, Hart returns to NZ with a fresh lens and a sharp focus on unlocking growth across the DB business.
“I feel a deep sense of privilege to return home and lead one of New Zealand’s most iconic and pioneering companies,” says
...More info on site
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UK: Jersey’s only major brewery to close and relocate production to Somerset
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Jersey's only major brewery will close and relocate production to Somerset in a bid to safeguard its future, ITVX reported on October 1.
Liberation Brewing Co has prided itself on making beers locally for nearly 150 years and even continued operations through both World Wars.
However, its UK parent company, the Butcombe Group, says costs have "dramatically risen over the last few years" and it is no longer viable to run the brewery at Tregear House in St Saviour.
Some job losses are expected, although the exact figure is not yet known as a consultation is ongoing.
Butcombe says it is working with its Jersey team "to explore options and provide support through this transitional period".
The existing on-island warehouse, distribution business and offices at Tregear House, as well as the Liberation shop opposite on Longueville Road, will be unaffected.
On concerns over changes in the supply chain, Butcombe explains: "We are putting safeguards in place to avoid this and will be making sure we communicate with all our customers to minimise any impact."
Pat Dean, Head Brewer of Liberation Brewing Co, will move from Jersey to Somerset and continue to oversee the production of Liberation Ales.
The Head Brewer of Butcombe Group, Mike Jordan, says: "I'm really
...More info on site
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