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E-Malt.com Newsletter 20a
May 13 - May 15, 2019

Quote of the Week

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Currency Rates

Base Currency: US Dollar
on May 15, 2019
Base Currency: Canadian Dollar
on May 15, 2019
      1 USD = 0.8910 EUR
1 USD = 0.7731 GBP
1 USD = 1.3466 CAD
1 USD = 1.4394 AUD
1 USD = 109.6000 JPY
1 USD = 3.9828 BRL
1 USD = 65.1380 RUB
1 USD = 6.8759 CNY
      1 CAD = 0.7425 USD
1 CAD = 0.5740 GBP
1 CAD = 0.6616 EUR
1 CAD = 1.0687 AUD
1 CAD = 81.3800 JPY
1 CAD = 2.9573 BRL
1 CAD = 48.3653 RUB
1 CAD = 5.1054 CNY

Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news Canada: Number of breweries reaches all-time high of 995 last year ...Click here
Brewery news USA, MD: Denizens Brewing Co. opens second location in Riverdale Park ...Click here
Brewery news USA, VA: Hidden Wit Brewing Co. plans to break ground in Moseley in July ...Click here
Brewery news USA, FL: Dangerous Minds Brewing Company coming to Pompano Beach soon ...Click here
Brewery news USA, RI: Narragansett Beer planning new Providence brewery by spring 2020 ...Click here
Brewery news USA, WA: Other Wonders Beer coming to Bellingham by next spring ...Click here
Brewery news USA, CA: Couple launches Pond Farm Brewing Co in San Rafael ...Click here
Brewery news USA, NY: The Common Roots Brewing Company reopens in temporary location ...Click here
Brewery news USA, NV: Hop Nuts Brewing opening second location in Las Vegas ...Click here
Brewery news USA, IN: Bank Street Brewhouse to close down this spring ...Click here
World News
Malt news Russia: Malt production up 2% in Q1 2019 ...Click here
Brewery news Thailand: ThaiBev’s beer business sees 60.4% increase in second-quarter net profit ...Click here
Brewery news Japan: Kirin reports loss of 36 bln yen in Q1 ...Click here
Brewery news EU: AB InBev fined for breaching antitrust laws in Belgium ...Click here
Barley news World: USDA projects global barley output increase in 2019/20 ...Click here
Brewery news Vietnam: Per capita liquor consumption up 90% in 2010-17 ...Click here
Brewery news UK: Sales of non-alcoholic beer, wine, spirits at record high in the UK ...Click here
Barley news France: FranceAgriMer rates 75% of winter, 88% of spring barley crop as good/excellent ...Click here
Brewery news Cambodia: Craft beer gradually increasing its market presence ...Click here
Graph of the Week

Table of the Week

China Barley Malt Exports

Table of the week.

Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

These Days in Business History

13 May
1842 - 1st edition of London Illustrated News
1862 - Adolphe Nicole of Switzerland patents chronograph
1884 - Institute for Electrical and Electronics Engineers (IEEE) forms

14 May
1872 - Metropolitan Gas Company lamps lit for 1st time
1881 - World's 1st elec tram goes into service in Lichterfelder (near Berlin)
1955 - Cold War: Eight Communist bloc countries, including the Soviet Union, sign a mutual defense treaty called the Warsaw Pact

15 May
1878 - The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1905 - Las Vegas, Nevada founded
1940 - McDonald's opens its first restaurant in San Bernardino, California
1941 - The world's first successful jet aircraft, a Gloster E28/39 powered by a W1 engine designed by Frank Whittle, takes off and lands at Farnborough, England


May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)

June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)

July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)

August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)

September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)

October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)

November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)

December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com

News Articles

Brewery news Canada: Number of breweries reaches all-time high of 995 last year
Brewery trade organization Beer Canada has announced the release of Industry Trends 2018, its latest annual update that looks at the domestic and international beer market and details growth in the number of breweries, changes in sales, trends in packaging, and more.

2018 proved to be another exciting and challenging year in the Canadian beer industry, the association said. The number of brewing facilities increased by 21.8% from 817 in 2017 to an all-time high of 995. Most of Canada’s breweries are small, local operations with 93% producing less than 15,000 hectolitres (hl) of beer in 2018. Nationally, from 2017 to 2018 the number of brewing facilities per 100,000 drinking age adults increased by 20.9% from 2.8 to 3.4. Provincially, New Brunswick led the way with 8.0 breweries per 100,000 drinking age adults, followed by Nova Scotia with 7.7 and PEI with 7.4, while Manitoba at 1.1 had the lowest rate.

Overall, although the number of breweries in Canada is growing, domestic beer production and sales are not keeping pace. In 2018, domestic production decreased by 3.4% to 21.65 million hl and domestic sales rose modestly by 0.3%. From 2017 to 2018 import sales declined by 3.4%. In total, national beer ...More info on site

Brewery news USA, MD: Denizens Brewing Co. opens second location in Riverdale Park
Denizens Brewing Co. is excited to announce the opening of its second location at Riverdale Park Station, the transit-oriented living, dining, and shopping core located in the heart of Maryland’s Riverdale Park neighborhood.

The 12,000 square foot Production House & Taproom will greatly increase the availability of Denizens beer throughout its footprint in Maryland, Washington, DC, and Virginia. The 150 seat taproom will open to the public on May 25, 2019.

The 9,000 square foot production space will brew Denizens’ year-round offerings, including its four core beers: Southside Rye IPA, Born Bohemian Pilsner, Third Party Tripel, and Lowest Lord ESB.

“This new location will allow us to maintain and even improve upon our standards of quality at a much larger scale, which means putting pints of Denizens beer into more hands,” stated Jeff Ramirez, Founder and Chief Brewing Officer.

Denizens currently has about 200 retail partners throughout the DMV, including Nats Stadium, the Fillmore, Busboys and Poets, BlackSalt, MOM’s Organic Market, DC Reynolds, and Brookland’s Finest. This new brewing capacity means fans will be able to find Denizens Brewing Co. products at many more local bars, restaurants, and package stores.

Denizens’ original two-level Barrel House & Beer Garden will continue its operation in Silver Spring, ...More info on site

Brewery news USA, VA: Hidden Wit Brewing Co. plans to break ground in Moseley in July
About a quarter-mile west of the Skinquarter Farm Market on Hull Street Road in Moseley, tucked away in the trees down a bumpy gravel driveway, four local business owners have joined forces to create Chesterfield’s first rural craft brewery far off the beaten path, the Chesterfield Observer reported on May 8.

“Most of us are country bumpkins at heart,” jokes Kim Taylor, one of the co-founders of Hidden Wit Brewing Co. “For us, this is a really restful environment. We want to share that with others in Chesterfield.”

In early March, Taylor and her husband, Butch, owners of two Titan Auto and Tire shops in the county, acquired the partially timbered 10.2-acre property on which they plan to build a new brewery, complete with tasting room and restaurant, with their partners Brad Cooper and Chad Ritter.

They intend to grow hops and other plants on site, such as melon and cucumbers, which will be used in brewing. It will be a family- and dog-friendly venue, buffered by trees from the busy four-lane highway, with outdoor space for people to sit and talk while they enjoy a meal and a beer.

The plan is to break ground in July and be up and running by ...More info on site

Brewery news USA, FL: Dangerous Minds Brewing Company coming to Pompano Beach soon
Coming soon to the Pompano Citi Centre at 1955 N. Federal Highway is Dangerous Minds Brewing Company, the Point Publications reported on May 8.

Owners Andre Beier and Adam Bowring said they are hoping to open this summer, but have experienced various setbacks and delays along the way, so can’t be more specific. According to their social media post made on April 19 though, the Dangerous Minds crew has been hard at work chipping away at tile and renovating their space.

Beier and Bowring started out as homebrewers and decided they would take the leap and open their own brewpub. Their 2,900 square-foot storefront location on the first floor of Pompano Citi Centre will feature a seven-barrel brewhouse, taproom, kitchen and outside patio.

The name, Dangerous Minds Brewing and indeed their beer names “were inspired by brilliant thinkers, scientists, writers, philosophers and activists,” Beier said. “We will have approximately 16 beers on tap including our flagship beers an Imperial Stout with molasses, an IPA infused with fresh sage and juniper berries, a 90 shilling Scottish Ale, a German wheat beer, an American blonde ale treated with toasted coconut and guanabana and a Belgian tripel. In addition we will be pouring house brewed Kombucha.”

The ...More info on site

Brewery news USA, RI: Narragansett Beer planning new Providence brewery by spring 2020
This time next year, if all goes according to plan, we might be sipping beers outdoors on picnic tables at Narragansett’s new Providence brewery, located near India Point Park’s waterfront. On May 8 the Providence zoning board approved Narragansett Beer’s variance to brew beer at the site, a building that is currently owned by Brown University next to the Hilton Garden Inn, the Rhode Island Monthly reported on May 9.

“Last night was a major milestone is getting the zoning board to approve that,” says Narragansett Beer President and CEO Mark Hellendrung. The next step is that the approval stays open for a twenty-day public comment period. “Then it’s officially official and we can move onto closing on the building.”

Narragansett Beer plans to continue brewing many of its mainstream beers at the Guild in Pawtucket, while keeping the flagship lager brewing operations in New York. The Providence location will mainly be the brewing site for its boutique beers, like the popular Lovecraft series, and it will give them a chance to bring back and tweak old favorites, like the Bock and Oktoberfest, as well as produce innovative new beers. “We’ll have our own space and be able to tell our story ...More info on site

Brewery news USA, WA: Other Wonders Beer coming to Bellingham by next spring
A new brewery is coming to Bellingham that plans to offer a bit of European flair as a Sunnyland neighborhood hangout, the Bellingham Herald reported on May 11.

Ben Howe and Karolina Lobrow are building Other Wonders Beer, which will serve as a brewery and cafe. It’ll be a small, neighborhood operation serving rustic lagers and farmhouse ales as well as veggie-inspired street food, Lobrow said.

The brewery is going into a new building in the 2100 block of Humboldt Street, next to Kramer Knives and near Homeskillet. The building also will be home to Seattle’s Stewart Wurtz Furniture, Lobrow said. The brewery will have an upper level that has a view of Mount Baker.

The plan is to have the brewery/cafe ready by next spring. Howe said he wants to focus on the light, dry German lagers he came to enjoy while in Europe.

With a small production facility, they envision the brewery as a low-key setting and also want to be a part of Bellingham’s art community.

“I see it as a cozy tavern with plants, a lot of light and funky couches,” Lobrow said in a phone interview.

Lobrow, who went to Western Washington University and then volunteered for the Peace Corps, brought ...More info on site

Brewery news USA, CA: Couple launches Pond Farm Brewing Co in San Rafael
A bonding over the fondness of craft brews not only turned into a wedding but also landed San Rafael couple Trevor and Stephanie Martens a labor of love with the April opening of Pond Farm Brewing Co., the Marin Independent Journal reported on May 7.

The family-friendly microbrewery and taproom in their hometown offers six rotating craft varieties with more varieties to come. Snacks are available for purchase at the bar (chips, popcorn, nuts, fig bars and Goldfish for kids) and there’s a changing line-up of pop up eateries scheduled nightly and beginning mid-afternoon on weekends.

Most recently, San Rafael-based Porchetta and Pibil were set up in the beer garden and theme nights have included taco Tuesdays and pupusa Wednesdays.

Another option is to bring food in or have it delivered from nearby restaurants Café del Soul, Moonlight Deli, Stone’s Jamaican Roots & Juice and Halal Indian Cuisine. Some waive the delivery fee. Eventually, the owners plan to make food onsite using an allocated kitchen area.

The open and airy industrial-style building the Martenses scored in the former Wooden Duck furniture store in the West End seems born to be a brewery. There’s plenty of room to spread out in the naturally lit ...More info on site

Brewery news USA, NY: The Common Roots Brewing Company reopens in temporary location
The Common Roots Brewing Company in South Glens Falls is once again open for business, WRGB reported on May 9.

The brewery has moved into its new "temporary" location at 30 Saratoga Avenue and plans on being there for nine months.

President and CEO Christian Weber said he was pretty excited to see his customers return, and humbled by the community support.

“I think everybody's just happy to see each other again, and we're happy to see them too,” he said. “It's been too long, and really the community's been so incredibly generous in supporting us. It's kind of great to be able to welcome them back into our kind of humble business."

Weber says the long term plan is to flatten the original site and rebuild there from scratch.

Brewery news USA, NV: Hop Nuts Brewing opening second location in Las Vegas
After four years downtown, Hop Nuts Brewing is spreading its wings and opening a second location on the west side of Las Vegas, Eater Vegas reported on May 9.

Still promoting a spring debut, but only now headed to a City of Las Vegas Planning Commission meeting, the 1,389-square-foot site replaces the Chillspot by SasaSweets store on the western end of the outdoor retail and dining hub.

The compact taproom’s lounge will be large enough to accommodate 27 customers inside, with 12 stools planned for the curved bar. An enclosed 447-square-foot outdoor patio will be roomy enough for an additional 18 customers.

Hop Nuts fans can only drink their beers on premises and won’t be able to take home brews including the Harry Porter, Omniscient Imperial Stout, and The Golden Knight, a Belgian golden strong ale.

The footprint is also not large enough to build an onsite brewing facility, but the micro-brewers have promised unique brews are in the works, created just for Tivoli Village.

Brewery news USA, IN: Bank Street Brewhouse to close down this spring
Bank Street Brewhouse, home to the main brewing operation of New Albanian Brewing Company, will close its doors this spring, the Insider Louisville reported on May 10.

Its sister business, located off Grant Line Road at 3312 Plaza Drive, will continue operating as a pizza place and public house. But the main focus of the Bank Street location, in downtown New Albany at 415 Bank St., was for production brewing on its 15-barrel brewing operation. As competition in the craft beer market has increased, distribution at New Albanian has decreased.

Taco Steve, the restaurant that opened in the brewery last February, also will close later this month. The final day of business for the brewery and restaurant will be Saturday, May 25.

A statement issued by owners Amy Baylor and Kate Lewison said, in part, “The distribution business for craft beer can be volatile. With more and more breweries coming online and off-premise shelf space being limited, there is only so much space for tap handles for breweries.”

The statement said Baylor and Lewison, who are sisters, will “switch gears” and focus on their pizza business. However, New Albanian will continue to brew on its smaller research and development system located at the Grant ...More info on site

Malt newsRussia: Malt production up 2% in Q1 2019
Russia’s malt output totalled 322.8 thousand tonnes in Q1 2019 which is 2% more than in the first quarter of the last year, Zerno ...More info on site

Brewery newsThailand: ThaiBev’s beer business sees 60.4% increase in second-quarter net profit
Thai Beverage (ThaiBev) on May 10 said second-quarter net profit fell 12 per cent to 5.79 billion baht from a restated 6.59 billion baht, ...More info on site

Brewery newsJapan: Kirin reports loss of 36 bln yen in Q1
One of Japan’s leading brewers, Kirin Holdings, reported on May 9 first-quarter revenue of 434.334 trillion yen, up from 431.201 trillion as of March ...More info on site

Brewery newsEU: AB InBev fined for breaching antitrust laws in Belgium
The world's largest beer company Anheuser-Busch InBev (AB InBev) must pay the European Union €200.4 million ($225 million) for breaching antitrust laws, the European ...More info on site

Barley newsWorld: USDA projects global barley output increase in 2019/20
In 2019/20 global barley production is projected to rise to its largest level since 2008/09 driven by Canada, the European Union, Russia, and Ukraine, ...More info on site

Brewery newsVietnam: Per capita liquor consumption up 90% in 2010-17
Per capita liquor consumption in Vietnam increased 90 percent in 2010-2017, surpassing regional giants and against drops in Europe, VnExpress International reported on May ...More info on site

Brewery news UK: Sales of non-alcoholic beer, wine, spirits at record high in the UK
Sales of non-alcoholic beer, wine and spirits are at a record high in the UK with increasing numbers of London producers looking to make the most of the £100 million industry, the Evening Standard reported on May 14.

Figures from market researchers Nielsen indicate sales of some categories are up by over a third. Britons spent a record £57 million in the 12 months to April on low or non-alcoholic beers — an increase of 39 per cent and the equivalent of 12.5 million pints consumed.

They also spent £48 million on low or no-alcohol wines over the same period. Non-alcoholic spirits, a market only three years old, is now worth £5 million.

Gemma Cooper, from Nielsen, said the demand for non- and low-alcohol drinks was not exclusively driven by the “health conscious”, adding there was “across-the-board” interest from all consumers who increasingly want ways to “cut down”.

She said: “Our data shows that just over one in 10 shoppers say they are looking to cut down their alcohol consumption. And while most are doing this by simply drinking less, some are turning to low or no-alcohol products.”

She added that having a wide selection of non-alcoholic cocktails in venues such as the American Bar ...More info on site

Barley news France: FranceAgriMer rates 75% of winter, 88% of spring barley crop as good/excellent
Farm office FranceAgriMer estimated in a weekly report on May 10 that 79pc of French soft wheat crops were in good or excellent condition by May 6, unchanged from a week earlier.

That compared with 78pc at the same stage last year.

FranceAgriMer rated 75pc of French winter barley as good/excellent, also unchanged from a week earlier, while the equivalent spring barley rating rose to 88pc from 86pc.

For grain maize, 80pc of the expected area for this year’s harvest had been sown, up from 68pc a week earlier.

Brewery news Cambodia: Craft beer gradually increasing its market presence
Craft beer can be a hard sell. How do you convince people used to paying US$1 or less for a pint of beer to fork out three or four times as much for something new and different?

In Cambodia, craft beer breweries are gradually winning people over. Craft beer first took hold as tourists and expats wanted similar beers to those available back home. Now, Cambodians are also ordering craft beers as new offerings come onto the market, ASEAN TODAY reported on May 13.

That market is growing rapidly. New companies are selling new beers to a thirsty new clientele. Between 2014 and 2018, the number of breweries rose from two to nine. There are now 12 brewpubs or microbreweries in Cambodia.

Craft beer companies in Cambodia aim to provide something different. They must stand out if they are to convince drinkers to break long-established habits. Commercial breweries in Cambodia have been operating since the 1960s. That gave them a significant head start.

Some craft beer companies draw inspiration from Germany. Riel was founded by Americans and Australians missing the taste of craft beer from home. Himawari, located in a 5-star hotel, was founded by a Singaporean. At Five Men Fresh Beer, you can ...More info on site

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