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E-Malt.com Newsletter 45a
November 03 - November 05, 2025
Quote of the Week
No act of kindness, no matter how small, is ever wasted.
Aesop
Currency Rates
Base Currency: US Dollar
on November 05, 2025 |
Base Currency: Canadian Dollar
on November 05, 2025 |
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1 USD = 0.8696 EUR
1 USD = 0.7649 GBP
1 USD = 1.4078 CAD
1 USD = 1.5371 AUD
1 USD = 153.6940 JPY
1 USD = 5.3750 BRL
1 USD = 80.9555 RUB
1 USD = 7.1218 CNY
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1 CAD = 0.7102 USD
1 CAD = 0.5432 GBP
1 CAD = 0.6176 EUR
1 CAD = 1.0917 AUD
1 CAD = 109.1560 JPY
1 CAD = 3.8174 BRL
1 CAD = 57.4958 RUB
1 CAD = 5.0580 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada & USA: Canadian malting and feed barley prices down dramatically
...Click here
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USA: Wet weather causes new preharvest sprouting concerns in 2025 malting barley crop
...Click here
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USA: Michelob Ultra and Modelo Especial competing to be America's top-selling beer
...Click here
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USA, WI: New Glarus Brewing on track to complete new facility by fall 2026
...Click here
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World: Shift in drinking habits wipes out more than US$800 billion from leading alcohol companies value
...Click here
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World: Molson Coors misses Wall Street estimates for third-quarter results
...Click here
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APAC: Budweiser Brewing Company APAC reports decline in nine-month profit
...Click here
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Ghana: Guinness Ghana reports strongest financial performance in its history
...Click here
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Argentina: Barley crop forecast steady but continued heavy rainfall could have two-fold impact
...Click here
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UK: Barley quality mixed due to dry weather this year
...Click here
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India: India stands out as growing market for spirits despite global decline
...Click here
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Australia: Coopers Brewery sells 2.4% more beer by volume in FY 2025
...Click here
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Panama: Cervecería Nacional announces resizing of operations in Panama
...Click here
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World: AB InBev in talks to secure UEFA sponsorship
...Click here
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Australia: Lion confirms closure of Stone & Wood Brisbane brewpub
...Click here
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Graph of the Week
Table of the Week
US Hop Acreage and Production 2022-2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 November
1898 - 1st US automobile show opens at Madison Square Garden (NYC)
1929 - 1st commercially produced synthetic rubber manufactured
1971 - The microprocessor is officially born as Intel introduces its new 4004 chip, invented by Ted Hoff and Federico Faggin
2014 - One World Trade Center officially opens
04 November
1846 - Benjamin Palmer patents artificial leg
1939 - 1st air conditioned automobile (Packard) exhibited, Chicago, Ill
1996 - Vimpel Communications becomes the first Russian company to list its shares on the New York Stock Exchange
2008 - Barack Obama becomes the first person of African-American descent to be elected President of the United States
05 November
1492 - Christopher Columbus learns of maize (corn) from Indians of Cuba
1895 - George Selden patents 1st gasoline-driven car
2007 - Android mobile operating system is unveiled by Google
Agenda
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 (Edinburgh, UK)
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, 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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Canada & USA: Canadian malting and feed barley prices down dramatically
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Canadian barley prices for both malting and feed barley have fallen dramatically from the significant price surge, driven by the major North American drought
...More info on site
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Canada: 2024-25 barley supply down 3% yoy
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For 2024-25, Canada’s barley supply amounted to 9.5 million tonnes (Mt), down 3% year-over-year (y/y) and 8% below the five-year average, Agriculture and Agri-Food
...More info on site
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USA: Wet weather causes new preharvest sprouting concerns in 2025 malting barley crop
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Wet weather hit some barley fields just before harvest this year, causing new preharvest sprouting (PHS) concerns in the 2025 U.S. malting barley crop.
...More info on site
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USA: Michelob Ultra and Modelo Especial competing to be America's top-selling beer
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Michelob Ultra and Modelo Especial are battling it out to be America's top-selling beer, Yahoo! Finance reported on October 31.
Modelo Especial has been the top-selling beer since it took the top spot from Bud Light in 2023. However, Michelob Ultra, launched in 2002, has taken the lead, based on volume sold, so far this year, parent company AB InBev said Thursday, Oct. 27.
Michelob Ultra is the top seller, based on volume, at bars and restaurants, and in retail stores such as supermarkets, drug stores and convenience stores, based on retail sales data over the last 52 weeks, the company said in a news release.
But Modelo Especial remains the top-selling beer by dollars spent, accounting for a 10% share of all beer sales, according to Constellation Brands, which distributes the beer in the U.S. market. Constellation distributes Modelo and Corona beers in the U.S., while AB InBev controls them in all other markets.
Who's right? That depends on how you look at it, says Dave Williams, president of Bump Williams Consulting of Shelton, Connecticut, which services the alcoholic beverage industry.
While Modelo Especial remains the No. 1 beer in terms of dollar sales, "Ultra has maintained an upward trajectory" as overall beer sales
...More info on site
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USA, WI: New Glarus Brewing on track to complete new facility by fall 2026
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In October 2024, New Glarus Brewing broke ground on its 65,000 square-foot expansion of its Hilltop building, 2400 State Highway 69, New Glarus, including its brew hall, parking lot, new Sugar River Distillery and hospitality facilities, the Milwaukee Journal Sentinel reported on November 3.
One year later, the $55 million construction project, led by Wisconsin-based Keller Construction, is on budget and on track to be completed by the fall of 2026. Allotting time to move in and hire new employees, the new facilities are scheduled to open to the public in early summer of 2027.
“We started construction with our retail space, built into the hillside at the lowest level, and simultaneously started our Brew Hall addition at the top,” Katherine May, the project’s lead architect and construction manager, said in an email. “We change elevation about 60 feet as the design marches up the hill in a line, connecting the flat area at the bottom of the hill to our existing facility at the top of the hill. And we recently celebrated the milestone of these two building ends finally connecting.”
The Brew Hall is where New Glarus keeps its eight massive copper kettles, which came from Germany. During the construction
...More info on site
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World: Shift in drinking habits wipes out more than US$800 billion from leading alcohol companies value
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A global shift in drinking habits and trends has wiped out more than US$800 billion from the value of leading alcohol companies, according to
...More info on site
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World: Molson Coors misses Wall Street estimates for third-quarter results
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Beer maker Molson Coors missed Wall Street estimates for third-quarter results on November 4, owing to softening demand for alcohol across the U.S. and
...More info on site
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APAC: Budweiser Brewing Company APAC reports decline in nine-month profit
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Budweiser Brewing Company APAC Limited on October 30 reported nine-month period profit attributable to equity holders of Bud APAC of $594 million, down from
...More info on site
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Ghana: Guinness Ghana reports strongest financial performance in its history
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Guinness Ghana Breweries PLC has reported its strongest financial performance in company history for the year ended June 30, 2025, demonstrating resilience and strategic
...More info on site
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Argentina: Barley crop forecast steady but continued heavy rainfall could have two-fold impact
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The continued presence of heavy rainfall in Argentina is a having a two-fold impact: good vegetative growth, but raising the risk of elevated plant
...More info on site
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UK: Barley quality mixed due to dry weather this year
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2025 has been a mixed year for the UK’s barley quality because of the dry weather. Some sizeable challenges with screenings in barley, especially
...More info on site
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India: India stands out as growing market for spirits despite global decline
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India has stood out as a growing market for spirits even though global alcohol consumption has plummeted over the past four years, The Drinks
...More info on site
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Australia: Coopers Brewery sells 2.4% more beer by volume in FY 2025
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Coopers Brewery has bucked national market trends in the recently completed financial year 2025, selling 2.4 per cent more beer by volume while the category contracted by 0.9 per cent. This is off the back of already strong 1.5 per cent growth in the prior fiscal year, the Drinks Trade reported on October 31.
Largely driven by Dry 3.5 and Australian Lager, and spread across a 5.9 per cent increase in keg sales and a 1.8 per cent in packaged beer sales, Australia’s Most Reputable Craft Beer producer sold almost two million litres extra, bringing the annual total to 80.6 million litres.
This includes growth across all states and territories, with its home state South Australia, up 2.3 per cent, remaining the largest market in terms of sales volume while Queensland recorded the strongest growth, up 4.8 per cent year on year.
Following this, Victoria/Tasmania grew 3.3 per cent, Northern Territory 2 per cent, New South Wales 1.9 per cent, and Western Australia 0.8 per cent.
Coopers Brewery Managing Director Michael Shearer said the result shines a light on a solid performance across the breadth of Coopers’ portfolio.
“Demand was particularly strong for Dry 3.5 and Australian Lager, both relative newcomers to our portfolio. Our
...More info on site
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Panama: Cervecería Nacional announces resizing of operations in Panama
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Amid a sharp drop in sales and increased taxes on the sector, Cervecería Nacional announced a resizing of its operations in Panama, which includes the dismissal of some of its staff, Newsroom Panama reported on November 1.
The company explained that the measure is a strategic decision to optimize processes and ensure the company’s long-term sustainability.
They assured that the departures were carried out in accordance with Panamanian laws, respecting all the rights of the former collaborators. Cervecería Nacional emphasized that this adjustment will not affect the production or prices of its most popular products. Furthermore, they reaffirmed their commitment to the country, noting that they maintain more than a thousand active jobs and continue to support social responsibility programs.
Cervecería Nacional is a large beverage company in Panama that produces beers like Balboa and also makes non-alcoholic beverages such as milk and juice. It is the most popular beer in Panama and is known for its light lager style. The company has been in business since 1887 and is a significant part of the Panamanian beverage market.
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World: AB InBev in talks to secure UEFA sponsorship
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AB InBev is gearing up to become the global official partner in the beer category for all Union of European Football Associations (UEFA) men’s club competitions from 2027 to 2033. db reports.
The UC3, the joint venture between UEFA and European Football Clubs (EFC) that oversees competitions, has agreed to enter an exclusive negotiation period with AB InBev.
The move is set to end Heineken’s term as the official beer sponsor and steal the top sponsorship spot.
The negotiations mark the beer category’s first global sponsorship sales process initiated for the 2027-33 commercial cycles.
The decision by UC3 follows a competitive bidding process launched in October by UC3, supported by its global marketing and sales agency Relevent Football Partners.
Speaking to the drinks business, an AB InBev spokesperson said: “Our selection by UC3 reflects our commitment to football and our mega-platform strategy.”
The spokesperson told db: “The UEFA men’s club competitions will allow our brands to create more memorable experiences for fans globally and reinforce that beer and sports are better together. We look forward to becoming a great partner to UC3 for years to come.”
AB InBev is no stranger to raising the profile of its brands via sponsorship deals. The beer giant recently struck a
...More info on site
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Australia: Lion confirms closure of Stone & Wood Brisbane brewpub
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Australia’s number one liquor supplier for 2025 has confirmed it will be closing the Brisbane outpost of its flagship craft beer brand on 21 November.
In a statement emailed to Drinks Trade, Stone & Wood's owner Lion attributes the decision to “rising operational costs and the broader challenges currently facing the hospitality industry” and says it “does not reflect the strength of Stone & Wood, which continues to be one of our most recognised and valued brands.”
So far this year, Lion has invested heavily in the Stone & Wood brand, opening its first-ever branded beer bar at Sydney Airport and kickstarting a multi-year partnership with the World Surf League. It has also announced several new product innovations including Citrus Radler.
A $30 million upgrade to the Stone & Wood Murwillumbah is also well underway with initial forecasts predicting its completion by Christmas this year.
Lion’s statement continues: “As Lion continues to assess our hospitality portfolios, we remain committed to evaluating non-core venues to ensure our operations align with our strategic vision. Our primary focus is on the home of our brands, ensuring their long-term sustainability and success.”
The news comes at a time of strong momentum for the leading beer business, which since July
...More info on site
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