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E-Malt.com Newsletter 39b
September 25 - September 28, 2025
Quote of the Week
Leap, and the net will appear.
John Burroughs
Currency Rates
Base Currency: US Dollar
on September 26, 2025 |
Base Currency: Canadian Dollar
on September 26, 2025 |
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1 USD = 0.8540 EUR
1 USD = 0.7461 GBP
1 USD = 1.3911 CAD
1 USD = 1.5221 AUD
1 USD = 149.1920 JPY
1 USD = 5.3405 BRL
1 USD = 83.8040 RUB
1 USD = 7.1300 CNY
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1 CAD = 0.7187 USD
1 CAD = 0.5362 GBP
1 CAD = 0.6138 EUR
1 CAD = 1.0940 AUD
1 CAD = 107.2290 JPY
1 CAD = 3.8384 BRL
1 CAD = 60.2324 RUB
1 CAD = 5.1246 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: 41% of Canadian say they reduced alcohol consumption last year, report reveals
...Click here
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USA, CA: AB InBev’s new investment in Los Angeles brewery to fuel increased production of Michelob ULTRA
...Click here
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USA, TX & TN: Diageo halts whisky production at two distilleries in the US
...Click here
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USA, NJ: Five Dimes Brewery building its third location in New Jersey
...Click here
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USA, TX: Waco Ale expanding to a much larger location, rebranding as Waco Brewing Co.
...Click here
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USA: Iron Hill Brewery & Restaurant abruptly closes all its locations across several states
...Click here
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USA, IL: Holzlager Brewing Company closing its doors
...Click here
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UK: Simpsons Malt publishes financial results for 2024
...Click here
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World: Further increase in barley crop forecast stretches more the already quite comfortable supply situation
...Click here
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EU & UK: Malt processing of barley crop 2025 should be normal, analysts say
...Click here
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Graph of the Week
Table of the Week
Italy Beer Market 1999 - 2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 September
1639 - 1st printing press in America
1654 - England & Denmark sign trade agreement
1897 - 1st British bus service opens
1926 - Henry Ford announces 8 hour, 5-day work week
2014 - test event (Have to be edited and replaced with a real event description)
26 September
1404 - Brussels Brabants/Limburgse audit-office established
1680 - Tax revolt in Gorinchem due to tax on cereal
1786 - England & France sign trade agreement
1972 - Norway rejects membership in European Common Market
27 September
1825 - Railroad transportation is born with 1st track (Stockton-Darlington)
1968 - France refuses UK entry into common market
1988 - US Senate votes for major federal tax code changes
28 September
1879 - Sydney Australia inaugurates steam motor tram route
1923 - Radio Times 1st published
1953 - Dutch government proclaims 5% general pay increase on Jan 1, 1954
Agenda
September 2025:
27 - 29: Whisky Live Paris 2025 (Paris, France)
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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Canada: 41% of Canadian say they reduced alcohol consumption last year, report reveals
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From restaurants to retail, a shift in Canada’s drinking habits is taking hold, CityNews Everywhere reported on September 25.
A new report from Restaurants Canada reveals that 41 per cent of Canadians say they’ve reduced their alcohol consumption over the past year, a trend that’s forcing the restaurant industry to adapt.
“There is a concern,” said Milena Stanoeva, a spokesperson for Restaurants Canada. “Alcohol is one of the highest-margin items for restaurants, so they’re now exploring ways to better serve those demographics.”
That’s where the rise of mocktails comes in. More bars and restaurants are introducing alcohol free beverage menus.
“Honestly, a lot of them are really good,” said one Toronto diner. “Some of the mixologists in the city are fantastic.”
The trend isn’t only in restaurants. At the Village Grocer in Markham, president of the store, Brad Fletcher says sales of non-alcoholic beer and wine are on the rise.
“Non-alcoholic beer and wine is really taking hold,” he said. “We are seeing great trends in that in our store.”
He says there’s a financial benefit for someone who sells all kinds of products.
“The margin on non-alcoholic wines, it completely exceeds what we get in beverage alcohol,” said Fletcher.
One person who spoke to CityNews says the shift
...More info on site
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USA, CA: AB InBev’s new investment in Los Angeles brewery to fuel increased production of Michelob ULTRA
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Anheuser-Busch InBev, a leading American manufacturer and maker of Michelob ULTRA, Busch Light, Budweiser, Bud Light, Stella Artois, and Cutwater Spirits, announced on September 25 a new $7.4 million investment in its Los Angeles, CA Brewery. The investment will go toward upgrading brewing and packaging equipment to fuel increased production of Michelob ULTRA, America's #1 top-selling and fastest-growing beer.
This latest $7.4 million investment in its Los Angeles Brewery is part of Anheuser-Busch's ongoing Brewing Futures initiative, through which the company is investing more than $300 million in its U.S. facilities to create and sustain U.S. manufacturing jobs.
Brendan Whitworth, CEO, Anheuser-Busch, said: "Investing in our Los Angeles Brewery enables us to brew and deliver more of the highest-quality beers and beyond that consumers love – including Michelob ULTRA, the #1 top-selling and fastest-growing beer in America. Investments like this one strengthen our position as a leading American manufacturer, allowing us to continue driving economic growth and creating and sustaining jobs in the communities where we operate."
Anheuser-Busch opened its Los Angeles Brewery in 1954. The company has invested $180 million in the brewery over the past five years, part of the nearly $2 billion it has invested in its
...More info on site
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USA, TX & TN: Diageo halts whisky production at two distilleries in the US
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British alcohol conglomerate Diageo has temporarily halted whisky production at its Balcones and George Dickel distilleries, The Spirits Business reported on September 24.
The pause has resulted in the loss of 17 jobs at the Balcones distillery in Waco, Texas, while staffing at Dickel's Cascade Hollow distillery in Tullahoma, Tennessee, remains unaffected for the time being.
A 2011 article reported that the George Dickel distillery was responsible for 33 employees. According to online estimates, Balcones had a staff of between 27 and 51 prior to this week's layoffs.
Diageo says all team leaders at Balcones will remain in their current positions, including head distiller Jared Himstedt, blender Emma Crandall, blending manager Gabriel RiCharde, brand education manager Alex Elrod and national brand ambassador Charlie McRae. Both facilities will remain open to the public for tours and tastings.
“Every year we run standard temporary slowdowns or shutdowns across our operations to support our efficiency and productivity goals," a spokesperson for Diageo North America told The Spirits Business.
“Since we are ahead of schedule with the volume we produce at the site, this year we decided to temporarily pause our distilling operations and barrel-filling activity through June 2026."
“During this time, employees will work
...More info on site
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USA, NJ: Five Dimes Brewery building its third location in New Jersey
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Five Dimes Brewery is building a third location in its continued expansion south along the Jersey Shore, NJ.com reported on September 23.
Five Dimes has already broken ground on its new Point Pleasant Beach spot at 334 Hawthorne Avenue, according to a social media post.
The new brewery is off Route 35 North near the Point Pleasant Beach train station. A summer 2026 opening is planned.
Five Dimes Brewery currently operates two other locations in Westwood in Bergen County and Red Bank in Monmouth County.
Five Dimes Brewery’s Westwood location occupies the former L.N. Grand 5 & 10 Cent Store at 247 Westwood Ave.
Five Dimes Brewery expanded in 2024 to Red Bank.
The Point Pleasant location will follow the company’s established model, featuring live music and a bring-your-own-food policy.
The brewery said online that they are currently “not booking any events, live music, or entertainment for this location.”
For inquiries for 2025 or early 2026, the brewery owners suggest reaching out to their current locations of Westwood or Red Bank.
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USA, TX: Waco Ale expanding to a much larger location, rebranding as Waco Brewing Co.
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Waco Ale Co. is expanding to a much larger location in downtown Waco and rebranding with a new name, KXXV reported on September 22.
Waco Ale Co. owner Austin Brock announced plans to transform the building at 1004 Franklin Avenue into the new home for what will become Waco Brewing Co. The move represents a significant expansion for the local business as downtown Waco continues to attract new establishments.
"We kind of think it's going to be the epicenter of everything that's coming on downtown," Brock said.
The Franklin Avenue location sits in an area of downtown that has seen recent business growth, including the opening of Webster Market. Brock believes the corridor between Austin and Webster streets is poised to become a major destination.
"I really think this is going to be the new hot spot between Austin and Webster. I really believe that with all the new businesses coming in. I think and with all the upgrades that Waco's doing, it's walkable now, it's safe, it's well lit," Brock said.
Along with the name change to Waco Brewing Co., the new location will offer expanded amenities designed to attract families and diverse customers. Plans include a playground, arcade, pickleball court, dozens of televisions
...More info on site
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USA: Iron Hill Brewery & Restaurant abruptly closes all its locations across several states
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A popular, nearly three-decade-old East Coast brewery chain has abruptly shuttered its doors for good, Yahoo!News reported on September 25.
"It’s been our pleasure to serve you, and we are deeply grateful for your support, friendship, and loyalty over the years," Iron Hill Brewery & Restaurant announced in social media posts on Thursday, Sept. 25.
Notices have also been posted outside some of the brew-pubs' locations, including one on the Riverfront in Wilmington, Delaware.
"After many wonderful years of serving our communities, this location, along with our other 15 locations, has closed," the note read. "We sincerely hope to return in the future, and when we do, we promise to welcome you with open arms."
The business had 16 locations spread across South Carolina, Delaware, Pennsylvania, New Jersey and Georgia, according to the Greenville News, part of the USA TODAY Network.
The abrupt closings come two weeks after the business shut down its original Newark, Delaware, location, as well as two additional locations in Chestnut Hill, Pennsylvania, and Voorhees, New Jersey.
Founded nearly 29 years ago in Newark on Main Street by Mark Edelson, Kevin Finn and Kevin Davies, portions of the company have been sold to outside investors over the years. Despite this, founders Edelson,
...More info on site
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USA, IL: Holzlager Brewing Company closing its doors
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Holzlager Brewing Company in Woodstock is closing its doors, Shaw Local reported on September 25.
The brewery, located at 150 S. Eastwood Drive-Route 47, said on social media it is planning to shut down in mid-October.
It wasn’t clear what prompted the brewery’s closure or when the final day will be, but, according to a post announcing Holzlager’s last Oktoberfest beer release, “It’s a bittersweet end to what began as a dream come true, and we want you to be part of this final chapter.”
Messages left for the brewery and owner Travis Slepcevich Wednesday, September 24 were not immediately returned.
The brewery is located in the middle of the Route 47 corridor that is scheduled to be widened beginning next year.
Slepcevich had expressed concerns last year about the construction and its impact on sales. His closing comes as indications that consumer preferences have somewhat shifted away from craft beer, and Slepcevich said taproom sales made up most of the business.
Holzlager opened its doors in 2019. Its name was a nod to the city’s name, with “holz” being German for “wood” and lager meaning “stock,” according to news reports at the time.
The brewery also aimed to have local hops featured in its beers. In
...More info on site
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UK: Simpsons Malt publishes financial results for 2024
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Simpsons Malt has published its financial results for 2024, posting a profit before tax of £9.5million, Northumberland Gazette reported on September 26.
The Berwick-based company,
...More info on site
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World: Further increase in barley crop forecast stretches more the already quite comfortable supply situation
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A further increase in the global barley crop’25 forecast of +2.4 mln tonnes to 148.7 mln tonnes, stretches further the already quite comfortable supply
...More info on site
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EU & UK: Malt processing of barley crop 2025 should be normal, analysts say
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The last remaining harvest is in the UK (Scotland) and while wet conditions are slowing progress, the timing is normal. Any variability in the
...More info on site
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World: Heineken places €2 billion of Notes
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Heineken N.V. announced on September 25 that it has successfully placed €2 billion of Notes across three tranches.
• €500 million 3-year Notes with a coupon of 2.565%;
• €750 million 8.6-year Notes with a coupon of 3.505%, and
• €750 million 12-year Notes with a coupon of 3.872%.
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 acquisitions. The maturity dates of the Notes are 3 October 2028, 3 May 2034 and 3 October 2037 respectively.
BNP Paribas, Deutsche Bank, ING, JP Morgan and Rabobank acted as active book runners.
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