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E-Malt.com Newsletter 21a
May 24 - May 26, 2021
Quote of the Week
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Vincent Van Gogh
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Currency Rates
Base Currency: US Dollar
on May 26, 2021 |
Base Currency: Canadian Dollar
on May 26, 2021 |
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1 USD = 0.8167 EUR
1 USD = 0.7061 GBP
1 USD = 1.2051 CAD
1 USD = 1.2891 AUD
1 USD = 108.8000 JPY
1 USD = 5.3192 BRL
1 USD = 73.4154 RUB
1 USD = 6.4087 CNY
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1 CAD = 0.8297 USD
1 CAD = 0.5859 GBP
1 CAD = 0.6776 EUR
1 CAD = 1.0696 AUD
1 CAD = 90.2700 JPY
1 CAD = 4.4133 BRL
1 CAD = 60.8729 RUB
1 CAD = 60.9124 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, MA: Tree House Brewing officially open for business
...Click here
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USA, NJ: Ross Brewing Co. under construction in Port Monmouth
...Click here
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USA, SC: Fort Mill’s newest brewery 1873 Brewing makes its debut
...Click here
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USA, MA: Lamplighter Brewing Co. and DivcoWest unveil official plans for new brewery at Cambridge Crossing
...Click here
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USA, CT: Cheshire Craft Brewing the first brewery to open in Cheshire
...Click here
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The Philippines: San Miguel Brewery upbeat on business recovery in the second half of this year
...Click here
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Spain: Mahou San Miguel manages to close 2020 with a profit despite all challenges
...Click here
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Ukraine: Both beer and malt production decline in January-April this year
...Click here
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World: Risk of an ever growing demand for grain remains for future years beyond 2021/22
...Click here
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Russia & Ukraine: July-April 2020/21 barley exports reach 5.2 mln tonnes for Russia and 4.1 mln for Ukraine
...Click here
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Ukraine: Barley exports forecast for 202/21 increased to 4.15 mln tonnes
...Click here
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EU: Crop monitor raises barley, soft wheat yield forecasts
...Click here
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Ukraine: State reduces excise tax for small brewers
...Click here
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Ukraine: Farms almost completed 2021 spring grain sowing
...Click here
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Graph of the Week
Table of the Week
Africa Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 May
1688 - The earliest known book on the stock market, Joseph Penso de la Vega's Confusion de Confusiones (Confusion of Confusions), appears
1883 - The Brooklyn Bridge in New York City is opened to traffic after 14 years of construction
1956 - The first Eurovision Song Contest is held in Lugano, Switzerland
1973 - The Stock Exchange of Singapore is founded
1985 - Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.
25 May
1915 - Thomas Edison invents telescribe to record telephone conversations
1953 - Nuclear testing: At the Nevada Test Site, the United States conduct their first and only nuclear artillery test
1954 - IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour
1960 - 1 millionth Dutch telephone installed
1966 - Explorer program: Explorer 32 launches
26 May
1781 - Bank of North America incorporates in Philadelphia
1896 - Dow Jones begins an index of 12 industrial stocks (closing is 40.94)
1986 - The European Community adopts the European flag
Agenda
August 2021:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
24 - 28: 2nd VLB Africa Brewing Conference (Online)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
21 - 23: 11th Ibero-American VLB Symposium (Barcelona, Spain)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
20 - 22: drink technology India 2021 (Mumbai, India)
November 2021:
02 - 04: Fdt Africa 2021 (Midrand, South Africa)
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
News Articles
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USA, MA: Tree House Brewing officially open for business
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Tree House Brewing is now officially open for business in Charlton, The Recorder reported on May 21.
The brewery has opened its new South Deerfield location, housed in the old Channing Bete Co. facility along Routes 5 and 10, for to-go can and bottle sales, known to Tree House Brewing fans as its “On the Fly” arm of the business.
“Hello Western Mass!” the brewery announced via its social media accounts on Twitter and Instagram Friday morning. “It’s no secret we have taken up shop in Western Mass. along a bucolic stretch of road on 50 acres in South Deerfield and we could not be more excited about it. We are open today for cans to-go only from 12-6 p.m. with ordering starting at 11:30 a.m.
“The long-term vision for Tree House Western Mass. is to curate a gathering space for friends, families and groups to celebrate life, the arts and each other,” the posts continued. “We will build extraordinary spaces, curate exceptional art, curate exceptional food and drink, and do whatever we have to make Tree House Western Mass. a cultural destination worthy of the region in which it resides.”
According to its website, Tree House Brewing will be open Wednesdays through Sundays
...More info on site
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USA, NJ: Ross Brewing Co. under construction in Port Monmouth
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A new brewery is underway in Port Monmouth, Patch.com reported on May 21.
Ross Brewing is currently "under construction as we speak and we are hoping for a late summer opening to the public," brewery owner John Ross Cocozza told Patch this week.
Ross Brewing Co. will be located right next to the Belford Seafood Co-op, a bustling seafood market in Port Monmouth, and steps from the Belford ferry terminal, which offers morning and afternoon boat service to and from New York City. The brewery hopes to take advantage of full ferry service making a comeback once the pandemic ends. However, Ross Brewing aims to become a destination site as well: Knock off early on a Friday, and it will make a nice place to drive to fish and crab right off the brewery's dock, all while enjoying one of their craft brews.
So expect it to be a spot where commercial and recreational fishermen, commuters and tourists alike will all come together over a beer and sweeping views of Raritan Bay. Once they open, tours and tastings will be part of the attractions. Ross Brewing will actually be located on a working dock, and will have a two-story tasting room with views
...More info on site
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USA, SC: Fort Mill’s newest brewery 1873 Brewing makes its debut
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Fort Mill’s newest brewery has made its debut. 1873 Brewing — a nod to Fort Mill’s incorporation — opened on May 20, WSOC Charlotte reported.
Co-owners Chris LaRocque, Brad Rice and Scott Coffey — also head brewer — are behind that approximately 2,700-square-foot space. They’ve invested just under $600,000 into the venture.
The brewery is located at 415 Tom Hall St.
The longtime friends knew they wanted to start a business one day, and kicked around a number of ideas before landing on the brewery. Coffey, a longtime homebrewer, helped tip the scales with his craft brews.
“We’re good friends, but all play a key role in what will be the success of the brewery,” LaRocque says.
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USA, MA: Lamplighter Brewing Co. and DivcoWest unveil official plans for new brewery at Cambridge Crossing
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Lamplighter Brewing Co. and DivcoWest announced on May 21 final plans to open a new taproom and production space in the coming months, Lamplighter CX, at Cambridge Crossing (CX), the new 43-acre neighborhood at the intersection of Cambridge, Somerville, and Boston, and directly adjacent to the new Lechmere Station, Brewbound reported.
Lamplighter CX will be a 7,000 square-foot taproom and production space in The Shed, a two-story standalone retail building located in the center of Cambridge Crossing, which currently also houses the restaurant trio of The Lexington, Geppetto, and Café Beatrice from local restaurateur Will Gilson. Designed by local architect Prellwitz Chilinski Associates (PCA), The Shed is surrounded by public open spaces including an adjacent waterway with granite blocks for seating (repurposed from the 150-year old seawall excavated at the site), a 5-acre common right outside The Shed’s doors, a picnic grove with grills, and outdoor games like bocce ball, and Baldwin Park, a hardscape park filled with greenery and plenty of places to sit back and relax.
“We’re thrilled to resume construction and pursue this opportunity after a year that has been filled with uncertainty. Wild, funky, and sour beer has always been a focus for us and utilizing our site
...More info on site
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USA, CT: Cheshire Craft Brewing the first brewery to open in Cheshire
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With more and more residents getting vaccinated, now would seem the perfect time for Cheshire Craft Brewing to open its doors, the Meridien Record-Journal reported on May 21.
Located at 125 Commerce Court, Cheshire Craft Brewing is the first brewery to open in town, and one of three that could open up this year. Hamden-based Counter Weight Brewing Co. has already committed to constructing a taproom at 7 Diana Court, and Malpractice Brewing Company had expressed plans to move to Cheshire, although the venture recently announced that the original location on South Main Street is no longer viable and the business is currently looking at new sites.
“It’s been a long time coming,” said Cheshire Craft Brewing co-owner Jami Ferguson. “It’s not even one hundred percent ready, but we knew as long as we had the beer and all our permits in order, we wanted to open up.”
Ferguson and co-owners, Frank Barretta and Scott DeMeo, held Cheshire Craft Brewing’s grand opening on May 7.
“It was an amazing night. We really enjoyed finally having people in here to see what we’ve been working on,” Ferguson said. “We have some amazing art pieces to be installed in the coming weeks, too, that we
...More info on site
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The Philippines: San Miguel Brewery upbeat on business recovery in the second half of this year
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Beer giant San Miguel Brewery is upbeat on business recovery in the second half of this year with the rollout of the country’s COVID-19
...More info on site
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Spain: Mahou San Miguel manages to close 2020 with a profit despite all challenges
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Mahou San Miguel, a Spanish brewer, in 2020 contained the decline in sales to -10.5% in value and -8.2% in volume and closed the
...More info on site
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Ukraine: Both beer and malt production decline in January-April this year
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Ukraine’s January-April beer production (excluding zero-alcohol brands and beer with less than 0.5% ABV) totalled 4.97 mln hl, Beer Business reported on May 19
...More info on site
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World: Risk of an ever growing demand for grain remains for future years beyond 2021/22
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World grain markets exploded into a new price range, without China buying in April. H. M. Gauger GmbH said in their May report.
Markets were
...More info on site
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Russia & Ukraine: July-April 2020/21 barley exports reach 5.2 mln tonnes for Russia and 4.1 mln for Ukraine
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Barley exports in July 2020 – April 2021 were 5.2 mln tonnes from Russia and 4.1 mln from Ukraine (of which 2.8 mln to
...More info on site
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Ukraine: Barley exports forecast for 202/21 increased to 4.15 mln tonnes
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Ukraine's agriculture ministry has increased forecast for 2020/21 barley exports to 4.15 million tonnes from the previous outlook of 4.0 million, the ministry's data
...More info on site
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EU: Crop monitor raises barley, soft wheat yield forecasts
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The soft wheat yield in this year's European Union harvest is expected to reach 5.91 tonnes per hectare (t/ha), up from 5.86 t/ha projected
...More info on site
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Ukraine: State reduces excise tax for small brewers
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Ukraine’s Verkhovna Rada intends to reduce the rate of excise tax on beer from UAH2.78 per litre to UAH1.39 per litre for producers whose annual production volume does not exceed 200,000 hectolitres, as well as introduce the term “small beer producers,” open4business.com.ua reported on May 24.
According to an explanatory note to the bill backed by 284MPs last week, there are 204 breweries in Ukraine with an annual production volume of up to 3,000 hectolitres, which pay UAH30,000 per year for a wholesale beer trade license, and 28 breweries with a production volume of up to 200,000 hectolitres (for them the annual license cost is UAH500,000).
These companies account for 13% of the beer market in Ukraine, while the remaining 87% is divided among nine large beer producers. According to the document, the total tax burden per 1 litre of beer produced by small brewers is significantly higher than the same indicator for the beer giants.
In addition, the authors of the bill said that all small beer producers are under significant regulatory and financial pressure, since they pay other taxes along with the excise tax.
The bill will determine the entities eligible for the reduced rate by introducing the term “independent small
...More info on site
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Ukraine: Farms almost completed 2021 spring grain sowing
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Ukrainian farms have almost completed 2021 spring grain sowing, seeding most of the early spring grains and finishing corn sowing, agriculture ministry data showed on May 24.
Farms had sown 176,600 hectares of spring wheat, or 99.2% of the expected area, the data showed. They also sowed 1.39 million hectares of spring barley, equating to 96.2% of the planned area, and around 5.3 million hectares of corn, amounting to 92% of the expected area.
The economy ministry has said that favourable weather could help Ukraine to harvest at least 75 million tonnes of grain this year, versus 65 million tonnes in 2020.
Ukraine's new agriculture minister Roman Lyshchenko on May 24 said that the country could harvest 100 million tonnes of grains and oilseeds this year.
Analysts expect the harvest to reach up to 71 million tonnes.
The agriculture ministry said the overall grain area is likely to total 15.5 million hectares this year, including 7.6 million hectares of spring grains.
The spring sowing area is expected to include 1.388 million hectares of barley, 176,600 hectares of wheat, 5.327 million hectares of corn, 194,050 hectares of oats and 235,400 hectares of peas.
The ministry said farms had also sown 6.4 million hectares of sunflower, equating to 87.7%
...More info on site
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