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E-Malt.com Newsletter 48a
November 24 - November 26, 2025
Quote of the Week
Find a place inside where there's joy, and the joy will burn out the pain.
Joseph Campbell
Currency Rates
Base Currency: US Dollar
on November 26, 2025 |
Base Currency: Canadian Dollar
on November 26, 2025 |
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1 USD = 0.8661 EUR
1 USD = 0.7608 GBP
1 USD = 1.4109 CAD
1 USD = 1.5478 AUD
1 USD = 156.3440 JPY
1 USD = 5.3848 BRL
1 USD = 78.7284 RUB
1 USD = 7.0921 CNY
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1 CAD = 0.7087 USD
1 CAD = 0.5392 GBP
1 CAD = 0.6138 EUR
1 CAD = 1.0969 AUD
1 CAD = 110.7950 JPY
1 CAD = 3.8160 BRL
1 CAD = 55.7920 RUB
1 CAD = 5.0259 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley crop seen slightly higher than last year
...Click here
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Canada: CMBTC releases its 2026–27 Recommended Barley Varieties List
...Click here
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USA, TX: Revolver Brewing to leave Granbury and move to Dallas-Fort Worth area
...Click here
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USA, NY: Malta’s Unified Beerworks to close its doors for good at the end of December
...Click here
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Germany: Sudden and accelerating drop in beer consumption catches brewers by surprise
...Click here
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Australia: Bumper barley and wheat harvests predicted for MY 2025-26 in Australia
...Click here
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New Zealand: New Zealanders increasingly choosing beers with lower alcohol-by-volume
...Click here
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Australia: Barley crop forecast up 0.3 mln tonnes due to better harvest results in Western Australia, New South Wales
...Click here
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UK: Syngenta agrees to sell its malting barley seeds business
...Click here
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Australia: Shoppers buying less liquor but demand more value
...Click here
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South Korea: Terra beer sets record for sales in South Korea
...Click here
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Germany & South Korea: Paulaner switches South Korea distribution to Heineken
...Click here
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Graph of the Week
Table of the Week
China Barley Import 2019-2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 November
1914 - Louis de Raet, Belgian economist/Flemish People Party, dies
1951 - British auto manufacturers Austin/Moris Motors merge
25 November
1867 - Alfred Nobel patents dynamite
1884 - John B Meyenberg of St. Louis patents evaporated milk
26 November
1885 - 1st meteor photograph
1925 - Netherlands and Germany sign trade agreement
1987 - Matsushita purchases the movie and entertainment company MCA Inc. for $6.6 billion
Agenda
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)
10 - 11: InnBrew 2026 (Barcelona, Spain)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22: Craft Brewers Conference & BrewExpo America 2026 (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)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
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)
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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Canada: Barley crop seen slightly higher than last year
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For 2025-26, Statistics Canada (STC) estimates 2.5 million hectares (Mha) were seeded to barley in its June seeded acreage report; this represents a decrease
...More info on site
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Canada: CMBTC releases its 2026–27 Recommended Barley Varieties List
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The Canadian Malting Barley Technical Centre (CMBTC) released its 2026–27 Recommended Barley Varieties List on November 24 to support growers as they plan for the 2026 season.
The Recommended Barley Varieties List shows where growers and end-users are aligning as the market evolves.
AAC Synergy remains the leading variety, accounting for 35 per cent of seeded acres in 2025 and maintains broad acceptance among maltsters and brewers.
Newer varieties like AAC Connect and CDC Fraser are gaining traction with growers and processors seeing strong performance and long-term supply potential.
With growing interest in newer varieties, CDC Copeland—the oldest variety on the list—continues to decline.
The CMBTC develops the list with input from maltsters, brewers, exporters, seed companies and growers.
It says growers planning for the 2026 season should check with their grain buyers or malt barley buyers to ensure their variety choice aligns with market opportunities.
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USA, TX: Revolver Brewing to leave Granbury and move to Dallas-Fort Worth area
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Revolver Brewing, which set up shop in Granbury in 2012, announced this week that it would leave the town and will be moving to a new location “in the Dallas-Fort Worth area”, DMagazine reported on November 25.
“Our passion for craft beer and warm hospitality remains as strong as ever, and we can’t wait to welcome you to our new home,” the sign posted on Instagram reads.
Founded by Rhett and Ron Keisler and master brewer Grant Wood, Revolver was acquired by a division of MillerCoors (later Molsen Coors) in 2016. It was then purchased by Tilray Brands in 2024 in a buying spree that included three other craft beer companies.
Last year, Tilray announced that the large-scale production of Revolver beers would be moved to other locations, while the taproom and brewery in Granbury would focus on “unique and innovative brews.”
The Instagram post indicates that the tap room will close on December 6 in preparation for the move, but the brewery isn’t yet saying where it will land next.
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USA, NY: Malta’s Unified Beerworks to close its doors for good at the end of December
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A Malta brewery will close its doors for the final time at the end of December. Unified Beerworks on Old Stonebreak Road announced its closure in a social media post on November 19.
The brewery’s last day of business is December 27, allowing the community and loyal patrons to unite one last time. The social media post thanked staff, customers, and colleagues for the memories.
“When you embark on any big adventure, you know at some point there will be an end,” the social media post read. “As 2025 comes to a close, our adventure with Unified Beerworks will reach its end.”
Owned by husband and wife duo Jeff Mannion and Erika Anderson, the brewery has been in the Malta community for seven years. Mannion creates craft beers that resemble New England-style IPAs and pale ales in addition to stouts, while Anderson creates fruity sours and unique saisons, according to the Unified Beerworks website.
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Germany: Sudden and accelerating drop in beer consumption catches brewers by surprise
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Germans are increasingly breaking with stereotypes that have surrounded a dear pastime activity and reducing their beer consumption, leading to bankruptcies and closures of
...More info on site
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Thailand: ThaiBev reports 7% fall in annual profit
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Singapore-listed Thai Beverage Plc reported a 7% fall in annual profit on November 25, hurt by persistent weakness in its core spirits division alongside
...More info on site
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Australia: Bumper barley and wheat harvests predicted for MY 2025-26 in Australia
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Bumper barley and wheat harvests are predicted for the 2025-26 marketing year in Australia, according to a recent report from the US Department of
...More info on site
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New Zealand: New Zealanders increasingly choosing beers with lower alcohol-by-volume
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New Statistics New Zealand data released on November 25 shows that while total beer available for consumption has fallen to its lowest point in
...More info on site
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Australia: Barley crop forecast up 0.3 mln tonnes due to better harvest results in Western Australia, New South Wales
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Barley harvest has encountered delays in Victoria and South Australia under moderate to heavy rainfall, but the forecast is clearing for the next week,
...More info on site
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Argentina: Barley yield prospects look promising
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Very wet conditions persist in crucial barley regions of South America, which is beneficial for crop development, although the ongoing risk of disease remains
...More info on site
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 UK: Whisky sector chasing hopes of an upturn
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Fife distillery Eden Mill slid into administration last week before being acquired by the entrepreneur Tony Banks who immediately pledged that his Ruby Capital
...More info on site
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UK: Syngenta agrees to sell its malting barley seeds business
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European seed-breeding firm RAGT is set to significantly expand its malting barley breeding footprint after reaching an agreement to acquire Syngenta’s 2-row spring and
...More info on site
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Australia: Shoppers buying less liquor but demand more value
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Australia’s liquor shoppers are drinking less but demanding more value, according to new research from Shop! ANZ and Vypr.
The Australian Liquor: What Shoppers Want Instore Now report shows 47 per cent of consumers have reduced or stopped alcohol consumption in the past year, signalling a shift toward selective, value-driven drinking.
While cost-of-living pressures remain the biggest factor (58 per cent), health and wellness motivations (49 per cent) are also shaping long-term behaviour.
Despite reduced consumption, wine (56 per cent), beer (53 per cent) and spirits (51 per cent) remain close in popularity, creating a highly competitive retail environment.
Carla Bridge, GM at Shop! ANZ, said shoppers are now prioritising both value and flavour.
“Australians choose their alcohol based on occasion, mood or price. But taste is still the decisive factor for wine (78 per cent), beer (71 per cent) and spirit (68 per cent) drinkers,” she said.
“Almost two-thirds (66 per cent) say price is the most important factor in bottle shops, outweighing brand story, packaging or provenance.”
Brand loyalty continues to weaken, particularly in wine and spirits.
Only 22 per cent of wine shoppers buy the same brand consistently, and 72 per cent of spirit drinkers rotate between brands based on availability, price or flavour
...More info on site
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South Korea: Terra beer sets record for sales in South Korea
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Hite Jinro's beer Terra set a record for sales at the fastest pace, surpassing 1 million boxes in 39 days since its launch in March 2019, Maeil Business Newspaper reported on November 24.
Terra used 100% clean malt. For the cleanliness of malt, the main ingredient in beer, we tested all malt worldwide and used clean malt from Australia, the number one air quality country.
Since 2019, as part of clean activities, we have been working with eco-friendly fashion brand PleatsMama to promote value consumption by conducting clean collaborations with university students.
In addition, Terra became the first beer in Korea to win NON-GMO certification for the fourth consecutive year at "NON-GMO PROJUSTMENT," a global non-profit organization established in the U.S. This means that naturally cultivated and harvested seeds were used as raw materials, not genetically modified crops. It was verified as a non-genetic modified material after seven months of screening to obtain certification.
Terra uses 100% carbonic acid generated during the fermentation process without any other carbonic acid infusion. You can feel carbonated without artificial tingling.
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Germany & South Korea: Paulaner switches South Korea distribution to Heineken
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Paulaner Brewery has lined up a change of distribution partner in South Korea in time for the start of 2026, Global Drinks Intel reported on November 25.
The German brewer will transition in the country from Hitejinro to Heineken’s domestic unit, a move it said was “not due to operational issues but part of a long-term internal strategy”. Paulaner, which is part-owned by Heineken, expects the change to create closer alignment between the two businesses and streamline its international routes to market.
Heineken holds a 30% stake in the Paulaner Brewery Group, while Schörghuber Unternehmensgruppe owns the remaining 70%.
“This was not an easy decision for us,” said Paulaner CEO Jörg Biebernick. “We achieved a great deal together with Hitejinro.”
Heineken Korea said it plans to use its experience in premium imported beer to support Paulaner’s next phase of growth in the market.
Founded in 1634 in Munich, Paulaner is one of Germany’s best-known traditional brewers. The company produces a portfolio that includes Paulaner Weissbier, Münchner Hell, Salvator and other classic styles exported to 70 markets worldwide.
Last week, Heineken agreed to transfer ownership of its brewery in Bukavu, in the eastern part of the embattled Democratic Republic of Congo.
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