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E-Malt.com Newsletter 51b December 18 - December 21, 2025
Quote of the Week
Merry Christmas and best wishes for a healthy and prosperous 2026!
The E-malt.com Team

Currency Rates
Base Currency: US Dollar on December 19, 2025 |
Base Currency: Canadian Dollar on December 19, 2025 |
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1 USD = 0.8523 EUR
1 USD = 0.7475 GBP
1 USD = 1.3778 CAD
1 USD = 1.5129 AUD
1 USD = 155.6760 JPY
1 USD = 5.5192 BRL
1 USD = 80.1169 RUB
1 USD = 7.0422 CNY
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1 CAD = 0.7257 USD
1 CAD = 0.5424 GBP
1 CAD = 0.6186 EUR
1 CAD = 1.0979 AUD
1 CAD = 112.9760 JPY
1 CAD = 4.0053 BRL
1 CAD = 58.1417 RUB
1 CAD = 5.1106 CNY
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Currency Rates Chart

Equities of the Largest Breweries
USA, IA: 515 Brewing Co. to shut down for good after 12 years in business
...Click here
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USA, PA: Southern Pines Brewing Co. to close remaining locations
...Click here
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USA, IN: Auburn Brewing Company confirms permanent closure as of December 28
...Click here
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World: Barley crop forecast up 1.5 mln tonnes to 153.7 mln
...Click here
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World: Global hop harvest lower this year, Barth Haas say
...Click here
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EU: Early barley crop 2026 picture remains good, forecast for 2025 boosted by 0.2 mln tonnes
...Click here
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Australia: Barley prices beginning to stabilize after four years of declines
...Click here
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UK: Spring barley area forecast to drop by 15% in 2026
...Click here
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France: Beer and wine conglomerate Castel Group facing internal turmoil
...Click here
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India: Bira founder Ankur Jain agrees to step down after months of negotiations with investors
...Click here
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Graph of the Week
Table of the Week
The Number of Breweries in Europe 2017 - 2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
18 December
1796 - 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 - Lujo [Ludwig J von] Brentano is born (German economist)
1897 - Fernand J Collin is born, Belgian economist/banker
1973 - The Islamic Development Bank is founded
1991 - General Motors announces closing of 21 plants
1997 - HTML 4.0 is published by the World Wide Web Consortium
19 December
1795 - 1st state appropriation of money for road building, Kentucky
1989 - American Airlines purchases Eastern Airline's Latin American route
1997 - Masaru Ibuka co-founder Sony Corporation, dies at 89
20 December
1790 - The first mechanized textile mill in the U.S. opens in Pawtucket, R.I. Built by Samuel Slater
1803 - Louisiana Purchase formally transferred from France to US for $27 million
1966 - The transmission of trades and quotes from the floor of the New York Stock Exchange is fully automated for the first time
1996 - NeXT merges with Apple Computer, starting the path to Mac OS X
21 December
1879 - Theodore Limperg, business economist
1882 - 1st string of Christmas tree lights created by Thomas Edison
1913 - 1st crossword puzzle (with 32 clues) printed in New York World
1937 - 1st feature-length color & sound cartoon premieres (Snow White)
Agenda
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)
20 - 22: St Malo Craft Beer Expo 2026 (St Malo, France)
24 - 26: 110th International Brewing & Engineering Conference 2026 (Erding, Germany)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
26 - 28: Warsaw Beer Festival 2026 (Warsaw, Poland)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
10 - 11: InnBrew 2026 (Barcelona, Spain)
10 - 12: Barcelona Beer Festival 2026 (Barcelona, Spain)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
September 2026:
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
News Articles
USA, IA: 515 Brewing Co. to shut down for good after 12 years in business
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After 12 years of serving award-winning beers such as Mexican Spring and #Quadgoals, the owners of 515 Brewing Co. in Clive decided to shut down the brewery, The Des Moines Register reported on December 19.
The seven-barrel brewery with a tasting room that offers beer by the glass and take-home crowlers opened in 2013 at 7700 University Ave., Suite C, in Clive. After Dec. 21, the brewery will be closed.
Owners Ryan Rost, Dave Ropte, Bailey Forrest, and Brandon Criger announced in August that they are ready to "step away from the brewing business." They continue to look for a buyer to take over the brewery.
"Opening a brewery and crafting our own beer was a dream come true," Rost said in a news release in August. “The most rewarding part was sharing our beer with our community. We are beyond grateful to everyone who has supported us. We’d love to see someone bring new life to 515 Brewing and take it to the next level.”
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USA, PA: Southern Pines Brewing Co. to close remaining locations
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Southern Pines Brewing Co., which rose over the past 11 years from three soldiers’ hobby to be Moore County’s most prominent and ambitious local craft brewery, announced on December 18 in two social media posts that it will close its Pennsylvania Avenue taproom and Carthage Buggy Factory on Dec. 31.
“This decision was not made lightly,” the company said in its first post regarding the sole Southern Pines taproom that remained open.
The company closed its flagship taproom on Air Tool Drive several weeks ago, along with the large brewing operation there.
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USA, IN: Auburn Brewing Company confirms permanent closure as of December 28
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A popular brewing company in Auburn will soon be closing its doors, according to a post from management.
A Facebook post from the brewery confirmed that Auburn Brewing Company is permanently closing.
The brewery’s final day of operations will be Sunday, Dec. 28; however, in the meantime, the brewery will release several new beers to close this chapter, according to a post from the owners.
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World: Barley crop forecast up 1.5 mln tonnes to 153.7 mln
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The forecast for global barley production 2025/26 is increased by an additional +1.5 mln tonnes, reaching a total of 153.7 mln tonnes, RMI Analytics
...More info on site
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World: Global hop harvest lower this year, Barth Haas say
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In the 2025 hop year, the global hop harvest was lower than in 2024. Barth Haas’s December overview shows the most important figures and
...More info on site
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EU: Early barley crop 2026 picture remains good, forecast for 2025 boosted by 0.2 mln tonnes
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For European winter crops the news continues to be positive, as milder than normal temperatures prevail, along with sufficient moisture. While the early crop’26
...More info on site
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Australia: Barley prices beginning to stabilize after four years of declines
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After nearly four years of declining since the peak in 2022, Australian barley prices are beginning to stabilize at levels close to all-time lows,
...More info on site
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UK: Spring barley area forecast to drop by 15% in 2026
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The final UK area forecasts for 2026 from AHDB’s Early Bird Survey (EBS) show only small changes from the provisional figures for wheat, barley,
...More info on site
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France: Beer and wine conglomerate Castel Group facing internal turmoil
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France’s beer and wine conglomerate, Castel Group, is facing internal turmoil as family tensions and executive departures disrupt the company’s leadership, Birr Metrics reported
...More info on site
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India: Bira founder Ankur Jain agrees to step down after months of negotiations with investors
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Bira founder Ankur Jain has, in principle, agreed to step down from the helm of the company after months of negotiations with investors, according to two people aware of the developments, The Morning Context reported.
The talks have been ongoing for several weeks and have involved significant back-and-forth, with discussions now moving toward a structure under which Jain would cease control of the company. A resolution is expected sooner rather than later, one of the people cited in The Morning Context report said.
According to the report, for some time, Bira’s investors and shareholders have been pressing for a change in management at the troubled beer brand. Earlier this year, Jain was informed that any potential rescue of the company would be contingent on his stepping aside to make way for external professionals, a move he was reportedly reluctant to make for a prolonged period.
According to The Morning Context, the absence of fresh external funding has backed Jain into a corner, exacerbated by mounting personal liabilities. Jain had borrowed money to buy Bira shares from existing investors, and lenders have since sought repayment. In one such instance, an entity linked to Jain borrowed funds from Hero Enterprise chairman Sunil Munjal’s trust, pledging
...More info on site
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