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E-Malt.com Newsletter 02b
January 08 - January 11, 2026
Quote of the Week
New year is the glittering light to brighten the dream-lined pathway of future.
Munia Khan
Currency Rates
Base Currency: US Dollar
on January 09, 2026 |
Base Currency: Canadian Dollar
on January 09, 2026 |
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1 USD = 0.8570 EUR
1 USD = 0.7438 GBP
1 USD = 1.3867 CAD
1 USD = 1.4923 AUD
1 USD = 156.7910 JPY
1 USD = 5.3868 BRL
1 USD = 80.4550 RUB
1 USD = 6.9894 CNY
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1 CAD = 0.7211 USD
1 CAD = 0.5363 GBP
1 CAD = 0.6179 EUR
1 CAD = 1.0760 AUD
1 CAD = 113.0550 JPY
1 CAD = 3.8842 BRL
1 CAD = 58.0128 RUB
1 CAD = 5.0398 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Constellation Brands beats third-quarter estimates
...Click here
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USA, CO: Goat Patch Brewing Company to open new Monument location on January 9
...Click here
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USA, CA: Malibu Brewing Company announces significant expansions after just three years of business
...Click here
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Spain & USA: Mahou San Miguel to launch its first non-alcoholic beer in the US
...Click here
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USA, AL: Red Clay Brewing Co. to end operations in March
...Click here
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USA, ME: Rail Yard Brewing and Rusty Rail Tap Room welcomed in Milo
...Click here
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USA, AZ: Oro Brewing Co.’s last business date to be January 25
...Click here
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EU: Malt export pace slows down to the lowest level since 2021/22
...Click here
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EU & UK: Barley market having rather slow start to 2025
...Click here
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Australia: Barley prices relatively stable with harvest now mostly complete
...Click here
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Ireland: Drinks Ireland research shows sector is vital to local economies
...Click here
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Australia: Barley exports start 2025-26 marketing year on record high
...Click here
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World: Castel heiress fails to secure dismissal of group CEO
...Click here
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Brazil: Brazil becomes second-largest market for Johnie Walker whiskey
...Click here
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Australia: Sales of biggest independent non-alcoholic beer brand explode over holidays
...Click here
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Kenya: Kenya court postpones hearing on bid to block Diageo-Asahi deal
...Click here
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India: United Breweries launches new Kingfisher Smooth beer
...Click here
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UK: Beer tax means pubs have lost 50pc of sales to supermarkets, says Wetherspoons boss
...Click here
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Graph of the Week
Table of the Week
World Beer Production by Continent 2015-2025s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 January
1785 - "Daily Universal Register" (Times of London) publishes 1st issue
1842 - 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 - 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1994 - The North American Free Trade Agreement comes into effect
1995 - The World Trade Organization goes into effect
2015 - The Eurasian Economic Union comes into effect, creating a political and economic union between Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan
02 January
1882 - Because of anti-monopoly laws, Standard Oil is organized as a trust
1905 - Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey
1980 - With inflation raging, gold hits a record price of $850 per ounce
1986 - 191.66 million shares traded in New York Stock Exchange
2013 - Barack Obama signs the American Taxpayer Relief Act of 2012, intended to prevent the "fiscal cliff"
03 January
1911 - US postal savings bank inaugurated
1977 - Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1980 - Gold hits record $634 an ounce
2015 - 1st electric watch introduced, Lancaster PA
04 January
1960 - European Free Trade Association forms in Stockholm
1962 - 1st automated (unmanned) subway train (New York City NY)
2001 - Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever
05 January
1769 - Jean Baptiste Say, French economist is born
1828 - 1st edition of Amsterdam General Trade Journal (Algemeen Handelsblad)
1850 - California Exchange opens
06 January
1978 - 1st postage stamp copyrighted by US (Carl Sandburg stamp)
1994 - Dow-Jones hits record 3803.88
07 January
1714 - Typewriter patented by Englishman Henry Mill (built years later)
1782 - 1st US commercial bank, Bank of North America, opens in Philadelphia
1995 - Murray Newton Rothbard economist, dies of cardiac arrest at 69
Agenda
January 2026:
25 - 27: Planete Biere Toulouse 2026 (Toulouse, France)
February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
23 - 23: Beer Experience 2026 (Antwerp, Belgium)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)
March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
15 - 17: Planete Biere Marseille 2026 (Marseille, France)
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)
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)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
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)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
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)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
News Articles
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USA: Constellation Brands beats third-quarter estimates
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Constellation Brands reported third-quarter sales and profit above Wall Street estimates on January 7, driven by steady demand for its Modelo Especial and Corona
...More info on site
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USA, CO: Goat Patch Brewing Company to open new Monument location on January 9
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Goat Patch Brewing Company will hold a ribbon-cutting on Friday, Jan. 9 to open its new Monument location after acquiring Pikes Peak Brewing Company in 2024, Fox21 News Colorado reported on January 7.
After serving the Monument community for over 13 years, Chris and Judi Wright, the founders of Pikes Peak, decided to retire from the brewing industry. In November 2024, Goat Patch announced it would be acquiring the Monument location on Lake Woodmoor Drive.
According to Goat Patch, since acquiring the assets of Pikes Peak Brewing in December of 2024, Goat Patch has heavily invested in the Monument facility— upgrading equipment, modernizing the brewing system, and restoring the foundation for future growth.
“Moving forward as Goat Patch – Monument allows us to focus all resources on one unified brand with consistent standards and vision,” said Goat Patch Co-Owner Cate Baze.
The Monument location joins two others in the Colorado Springs area–the flagship location on Cascade Avenue off Fillmore Street and the Northgate location on Voyager Parkway.
The ribbon cutting will be held on Friday, January 9 at 5 p.m. with live music by Rafiel & the Roomshakers to follow from 6 to 8 p.m.
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USA, CA: Malibu Brewing Company announces significant expansions after just three years of business
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In just three short years after opening its doors at Trancas Country Market, Malibu Brewing Company is taking a major step forward, announcing two significant expansions: a second brewery and restaurant in Agoura Hills and an exciting new location at Universal CityWalk, The Malibu Times reported on January 8.
For co-owners Jill and Ryan Ahrens, the growth reflects both careful planning and deep community roots, particularly in Malibu, where the brewery first found its footing in September 2022.
“We’re a local, family-owned business,” Ryan Ahrens explained. “And everything we’ve done has been shaped by the community that supported us from the beginning.”
That support became especially evident during Malibu’s most difficult moments. In the aftermath of the Palisades Fire, Malibu Brewing partnered with World Central Kitchen, opening its facility to serve free, fresh meals to residents and first responders when Malibu was cut off from most of the area due to the closure of Pacific Coast Highway. What was initially expected to be a short-term effort stretched into nearly three months as the Ahrens continued meal production even after normal dine-in service resumed.
“It went on much longer than we ever thought it would,” Jill Ahrens said. “But it felt important to keep it
...More info on site
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Spain & USA: Mahou San Miguel to launch its first non-alcoholic beer in the US
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Mahou San Miguel, a leading Spanish brewing company, is expanding its presence in the United States with the launch of its first non-alcoholic beer in the market. The new product, Founders Nonetheless, marks a significant step for the company as it brings its expertise in non-alcoholic beers to American consumers. The launch comes at a time when non-alcoholic options are gaining popularity in the U.S., especially during Dry January, a month when many people choose to abstain from alcohol, Vinetur reported on January 9.
Founders Nonetheless is a non-alcoholic lager inspired by traditional brewing methods. It is produced using the same process and quality standards that Founders has maintained for three decades. Mahou San Miguel has been present in the U.S. for over ten years and currently operates three production facilities in the country. The company’s decision to introduce this new product aligns with its strategy to diversify and strengthen its position in one of its key international markets.
Elton Andres Knight, CEO of Mahou USA, said that high-quality non-alcoholic beverages are one of the most important trends in the American beverage sector. He explained that with Founders Nonetheless, the brand is evolving to reach new consumers while maintaining its commitment to
...More info on site
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USA, AL: Red Clay Brewing Co. to end operations in March
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The owners of Opelika’s Red Clay Brewing Co. say it will close in March, al.com reported on January 5.
The brewery on North Railroad Avenue posted a notice on social media on January 5 that it will, “with a heavy heart,” shut its doors in the same month it celebrates its 11th anniversary.
The brewery was founded by Auburn graduates Kerry McGinnis and John Corbin along with co-owner Stephen Harle.
“For the past decade, Red Clay has been more than just a taproom; it has been a front-row seat to the growth of our incredible community,” the notice reads.
“It has been an absolute honor to serve you, to celebrate your milestones, and to be a part of the fabric of downtown Opelika.”
The brewery plans to remain open through March as it sells its inventory and breaks down the brewing equipment.
The owners also have a few special events on tap in the months ahead, the notice states.
Alabama’s once burgeoning craft brewing industry has seen contraction in recent years as reduced foot traffic and economic headwinds have impacted sales.
Brewer’s Cooperative in Huntsville closed last October. Helena’s Oversoul Brewing Co. shuttered in September, and Birmingham’s Uproot closed in July, with plans to continue through contract brewing.
Birmingham’s
...More info on site
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USA, ME: Rail Yard Brewing and Rusty Rail Tap Room welcomed in Milo
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Friends of Milo, a local community group in Milo, welcomed the newly-opened Rail Yard Brewing and Rusty Rail Tap Room with a special certificate on January 8, WABI reported.
After much of the Milo community was devastated with the closing of the popular Bissell Brothers Three Rivers Brewery in 2024, Mainers John Riitano and Tracy Bonney-Corson took over the space and wanted to bring it to life with another community staple.
John and Tracy take a lot of pride in being able to reinvigorate what was once a bustling hotspot in town, with their own twist.
“It’s heartwarming; this is what we intended. It was our marketing plan: to be a community focused entity, not to recreate what already exists somewhere else, but to make this about Mil,” said co-owner Tracy Bonney Corson.
They are also grateful to have the wind at their backs.
“The overwhelming support from the community has been great. That has been the highlight and that’s basically what we want to become, a community hub for people to come hang out and just bring family, friends, and loved ones and just come here and have a good time,” said co-owner John Riitano.
The Rusty Rail Tap Room held its grand opening this
...More info on site
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USA, AZ: Oro Brewing Co.’s last business date to be January 25
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“Punch right to the gut.”
“This one hurts.”
“You will be missed Dave and crew.”
Those were just a sampling of the Instagram comments under a post from Oro Brewing Co. on January 7 announcing its closing and its last day of taproom service will be January 25, the Phoenix Magazine reported.
Owner Dave Valencia began his lengthy post with “TIME TO SAY SO LONG…” and said he is “indeed wrapping up our over-9-year run in Downtown Mesa.”
Valencia is also partnered with Golden Oak Barbecue + Taproom which opened last year in Downtown Phoenix and serves Oro beer. It’s unclear at this time how Oro’s closing impacts this new spot.
Oro first opened in 2016 and for years lived by the motto “The Best Brewery You’ve Never Heard Of.” That was before it started capturing major accolades including:
• 2022 Arizona Craft Beer Awards Brewery of the Year
• 8-time gold medal winner at the Arizona Craft Beer Awards
• World Beer Cup and Great American Beer Festival medals
Oro is also the longest-operating brewery in Mesa since The Beer Research Institute shut down production last March and Desert Eagle closed in 2022. Main Street in Downtown Mesa is still home to 12 West Brewing, Phantom Fox Beer Co., Pedal Haus
...More info on site
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EU: Malt export pace slows down to the lowest level since 2021/22
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The pace of EU malt exports has slowed, dropping to the lowest level since the 2021/22 crop cycle, RMI Analytics said in their early
...More info on site
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World: Global malting barley prices largely stable
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Prices for global malting barley are largely stable as we begin the year, with the exception of Argentina, where prices are showing some strength,
...More info on site
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EU & UK: Barley market having rather slow start to 2025
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The EU barley market has had a rather slow start to 2025 as trade resumes following the holidays, with demand for malting barley remaining
...More info on site
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Australia: Barley prices relatively stable with harvest now mostly complete
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With Australia’s barley harvest now mostly complete following the holiday season, the market remains in a bit of a lull as activity is not
...More info on site
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Ireland: Drinks Ireland research shows sector is vital to local economies
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Drinks Ireland has published new research showing clear public recognition of the industry’s important role in supporting local economies, as well as the strong continuation of moderate and responsible drinking.
The findings from the survey – carried out by Opinions, on behalf of the organisation – highlight a sector deeply embedded in community life and reveal significant changes in how people choose to drink.
It also uncovered the important role of alcoholic drinks in local economies, with 73% of drinkers surveyed agreeing that local breweries and distilleries make a positive contribution to their communities, while 80% say these producers provide important employment at a regional level.
Some 81% consider Irish breweries and distilleries to be important to the national tourism offering, and 67% believe having a drink plays an important role in bringing people together, highlighting the importance of hospitality venues in Irish social life.
Beyond an economic impact, the industry fosters connection by providing places where people gather, with pubs acting as economic drivers, as well as hubs of social connection.
The report also points to a sustained national movement towards more balanced drinking habits, which is unsurprising, as Ireland’s per-capita alcohol consumption has fallen by 34% over the last two decades, marking a
...More info on site
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Australia: Barley exports start 2025-26 marketing year on record high
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Australia's barley exports started the 2025-26 (November-October) marketing year on a record high, while canola exports also recovered on new crop supply, according to
...More info on site
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World: Castel heiress fails to secure dismissal of group CEO
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This Thursday, January 8 in Singapore, Romy Castel, the heiress of the Castel group, one of the world's heavyweights in wine and drinks trading and production, was unable to secure the dismissal of Gregory Clerc, the CEO who took over in 2023. A global saga whose last straw was the removal of Alain Castel from the Luxembourg holding company in early December, Delano.lu reported.
"I am the sole guarantor of my father's values!" Romy Castel, 52, heiress to the late founder of the Castel empire, broke with her legendary discretion on Thursday in an interview with Challenges and in a press release. On the eve of an extraordinary general meeting of the Investment Beverage Business Fund, in Singapore, the bridgehead of the company, Romy Castel stated that she had obtained 97% of the voting rights to dismiss Gregory Clerc, the CEO of the group since 2023. According to Bloomberg, she was unable to register these voting rights in order to achieve her aims. In this kind of situation, in Luxembourg, the next step is to go to court but a new general meeting is expected to be held in late January, according to the family, as quoted by AFP. “Gregory Clerc
...More info on site
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Brazil: Brazil becomes second-largest market for Johnie Walker whiskey
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Brazilians’ increasing interest in alcoholic drinks other than beer has led the British multinational Diageo to double its revenue in the country between 2019 and 2025. This made Brazil the second largest consumer of Johnnie Walker whisky in the world last year, Diageo Brazil CEO Paula Lindenberg told Valor.
This growth contrasts with the scare caused by the methanol contamination crisis in September. According to Lindenberg, the sector has already seen a significant recovery, but sales have not yet fully recovered.
“We often read that alcohol consumption in Brazil is decreasing, but what the numbers show is a growing market [especially given the low penetration of some types of beverages]. It is a market that is growing significantly due to increased premium offerings. This [growth in the premium market] is reflected both in beer, which is the major beverage industry, and in spirits, especially cocktails and wines,” said Lindenberg. Among the brands in the group’s portfolio are Tanqueray, Smirnoff, and Cîroc.
The group does not disclose revenue details in Brazil, but noted that the country is one of its global growth engines. Diageo recorded net sales of $4.9 billion in the first fiscal quarter of 2026 (i.e., between July and September 2025), a
...More info on site
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Australia: Sales of biggest independent non-alcoholic beer brand explode over holidays
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Sales for Australia’s biggest independent non-alcoholic beer brand exploded over Christmas and the New Year – a clear indicator the country's appetite for zero per cent beverages is not waning, 9News reported on January 9.
Heaps Normal experienced its biggest two-month period of sales during November and December 2025 since its launch in 2020, with about a 25 per cent year-on-year growth recorded for its range of dry beverages.
Head of sales Johnny Tostevin told nine.com.au he expects the bumper festive sales period won't quite be matched in January even as alcohol-free New Year's resolutions kick in or during Dry July.
"January will be a little bit down from there, but it's still been really strong, a lot stronger than what we'd find in the middle of winter in July," he said.
"We've definitely more than doubled over the last four years.
"We've seen some really, really steep, steep rises."
Heaps Normal had a huge 2025.
The zero-alcohol brand branched out to the UK and is stocked in over 170 British pubs and shops, with music superstar Robbie Williams joining as an investor.
Its products can also be found in thousands of pubs and retailers across Australia.
Tostevin said he's noticed the casual Australian drinker is now dabbling in
...More info on site
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Kenya: Kenya court postpones hearing on bid to block Diageo-Asahi deal
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A court in Kenya has delayed a hearing on an attempt to halt the sale of Diageo's business in the country to Asahi Group Holdings, Yahoo Finance reported on January 9.
In December, Asahi agreed to pay $2.3bn for Diageo’s 65% stake in East African Breweries (EABL) and its 53.7% shareholding in Kenyan spirits group UDVK.
Earlier this week, Bia Tosha, a former distributor for Diageo in Kenya, applied for an ex parte injunction to block the stake sale.
It is now understood the request had been refused as the judge had asked to hear from both sides in the case.
In a statement on January 9, the publicly listed EABL, which produces the Tusker and Serengeti beer brands, confirmed the High Court in Kenya has "issued a temporary preservation order" valid until 20 January, "restraining only the final steps of the sale".
Kenneth Liplagat, a partner at law firm Okoth & Kiplagat Advocates representing Bia Tosha in the case, confirmed the hearing had been postponed.
"In the meanwhile, the judge gave a conservatory order preventing Diageo from transferring the shares until the next hearing on 20th January," he told Just Drinks.
EABL said in its statement the latest order is not expected to affect the timeline
...More info on site
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India: United Breweries launches new Kingfisher Smooth beer
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Bengaluru-based United Breweries Limited (UBL), part of the HEINEKEN Company, has launched Kingfisher Smooth, that expands the Kingfisher portfolio within India’s mainstream strong beer segment, The Hindu Business Line reported on January 7.
Kingfisher Smooth has been rolled out in Rajasthan, one of India’s largest strong beer markets. UBL CEO Vivek Gupta said the company plans to scale the launch nationwide over the next 12–18 months.
“Our role is to be the category maker, capitalising on the large opportunity to grow the beer category in India. Currently, if people consume alcohol around 10 times a year, beer accounts for only about two occasions, underscoring both low per capita beer consumption and its limited share of drinking occasions,” Gupta explained.
He said consumer feedback indicated demand for a strong yet more sessionable beer with lower bitterness, which prompted the company to look at category expansion. Among all the brands, Kingfisher, he noted, was best placed to drive that expansion. He expressed confidence about Kingfisher Smooth helping expand both the category and the brand.
“Mainstream consumers remain the backbone of the category, and we continue to perform strongly there. While premium is growing at over 20% this year, this launch is aimed at reviving the mainstream
...More info on site
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UK: Beer tax means pubs have lost 50pc of sales to supermarkets, says Wetherspoons boss
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Pubs have lost half their beer sales to supermarkets because “perverse” taxes have driven up the price of a pint, the boss of JD Wetherspoon has said.
Sir Tim Martin, the founder and chairman of the chain, said harsher taxes were to blame for the growing price gap between pubs and supermarkets, which he said “may well be the straw that breaks the industry’s back”.
It comes as the Chancellor scrambles to hash out a support package for pubs, following a Telegraph campaign to save the industry from ruinous taxes and red tape.
Publicans have hit out at Rachel Reeves’s overhaul of business rates, saying it is pushing them to the brink as they also battle soaring energy prices and staff costs, which have risen after the Chancellor’s National Insurance raid and a string of minimum wage rises.
Venues are also bracing for a further hit from Labour’s plans to cut the drink-driving limit.
Sir Tim said: “Pubs have lost 50pc of beer sales to supermarkets since the millennium, as the supermarket tax advantage has allowed them to widen the price disparity with pubs – by reducing their prices.
“A fairer business rates regime is vital, but VAT equality is even more important.”
Pubs are liable to
...More info on site
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