If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?17740
E-Malt.com NewsLetter
Newsletter Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles






Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolutions




Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Newsletter 08b
February 24 - February 27, 2022


Quote of the Week

Learn from the mistakes of others. You can't live long enough to make them all yourself.
Eleanor Roosevelt

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 192,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 192, - Euros
Two-year individual subscription: 339, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 395, - Euros
One-year group subscription for 6-10 members: 588, - Euros
One-year group subscription for 11-20 members: 781, - Euros
One-year group subscription for 21-50 members: 1042, - Euros
One-year group subscription for 51-100 members: 1303, - Euros
One-year group subscription for 101 and more members: 1588, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)






Currency Rates


Base Currency: US Dollar
on February 25, 2022
Base Currency: Canadian Dollar
on February 25, 2022
      1 USD = 0.8921 EUR
1 USD = 0.7446 GBP
1 USD = 1.2804 CAD
1 USD = 1.3943 AUD
1 USD = 115.0300 JPY
1 USD = 5.0623 BRL
1 USD = 85.1285 RUB
1 USD = 6.3225 CNY
      1 CAD = 0.7809 USD
1 CAD = 0.5814 GBP
1 CAD = 0.6966 EUR
1 CAD = 1.0888 AUD
1 CAD = 89.8200 JPY
1 CAD = 3.9530 BRL
1 CAD = 66.4747 RUB
1 CAD = 4.9371 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news World: Molson Coors logs its first sales growth in a decade ...Click here
Whisky news USA: Beam Suntory sees 2021 sales rise as shift to high-end spirits pays off ...Click here
Barley news North America: Imports of barley and malt are a must in the region this year ...Click here
Brewery news USA, NC: Lesser-Known Beer Co. set to open in Winston-Salem this spring ...Click here
Brewery news USA, NC: HopFly Brewing Co. launching on February 25 ...Click here
World News
Malt news World: Malt prices lower, Brazil imports increased malt volume in crop 2020/21 ...Click here
Brewery news World: AB InBev sells more beer in 2021, expects profit increase in 2022 ...Click here
Brewery news Brazil: Ambev’s net income falls in Q4 due to higher costs amid Covid-19 pandemic ...Click here
Brewery news Malaysia: Carlsberg Malaysia predicts challenging year ahead despite significant rise in last year’s profits ...Click here
Barley news Europe: Weather benign for winter barley, spring plantings still a few weeks away ...Click here
Barley news Australia: Australia’s barley crop estimated at 13.4 – up to 14+ mln tonnes ...Click here
Brewery news India: Beer manufacturers expecting good sales this summer ...Click here
Brewery news Japan: Asahi Beer to shut up two breweries in Japan ...Click here
Brewery news China: Budweiser Brewing to promote more high-end beer in China ...Click here
Brewery news Ukraine: Carlsberg halts operations at its Ukrainian breweries ...Click here
Graph of the Week


Table of the Week

EU Roasted Malt Exports


Table of the week.

Barley Prices



Theoretical Malt Prices



These Days in Business History


24 February
1921 - 1st transcontinental flight in 24 hours flying time
1986 - Texas Air buys Eastern Airlines for $676 million
1995 - Dow-Jones hits record 4011.74

25 February
1791 - 1st Bank of U.S. chartered
1837 - 1st U.S. electric printing press patented by Thomas Davenport
1862 - Paper currency introduced in U.S. by President Abraham Lincoln

26 February
1848 - 2nd French Republic proclaimed
1907 - Royal Oil and Shell merge to form British Petroleum (BP)
1993 - World Trade Center bombing
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy

27 February
1557 - 1st Russian Embassy opens in London, Russia and U.S. sign trade agreement
1990 - Exxon Corp and Exxon Shipping are indicted on 5 criminal counts
1998 - Apple discontinues developing Newton computer


Agenda

March 2022:
09 - 12: Festival Brasileiro da Cerveja 2022 (Blumenau, Brazil)
16 - 17: BeerX 2022 (Liverpool, UK)
18 - 20: St Malo Craft Beer Expo 2022 (St Malo, France)
27 - 28: Planete Biere 2022 (Paris, France)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
31 - 02 April: InnBrew 2022 (Barcelona, Spain)

April 2022:
23 - 24: Zythos Beer Festival 2022 (Leuven, Belgium)

May 2022:
02 - 05: Craft Brewers Conference & BrewExpo America 2022 (Minneapolis, MN, USA)
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
17 - 19: Expo Antad & Alimentaria Mexico 2022 (Expo Guadalajara, Jalisco, Mexico)
19 - 22: Mondial de la Biere 2022 (Montreal, Canada)
24 - 27: Beer 2022 (Sochi, Russia)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
30 - 01 June: Brasil Brau 2022 (Sao Paulo, Brazil)

June 2022:
07 - 08: IGC Grains Conference 2022 (London, UK)
07 - 08: Bevexpo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
12 - 14: Bangkok Brewing Conference 2022 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)

August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)

September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
21 - 22: Beverage Industry. Beer and Soft Drinks Industry - 2022 (Expocenter of Ukraine, Kyiv, Ukraine)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)

October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)

December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)

February 2023:
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)

More events are available on site e-malt.com

News Articles


Brewery news World: Molson Coors logs its first sales growth in a decade
Molson Coors Beverage’s Miller Lite and Coors Light saw sales growth in 2021 as the company’s turnaround plan began bearing fruit, CNBC reported on February 23.

Shrinking beer consumption in the U.S. has put pressure on brewers, like Molson Coors, whose top brands are Miller Lite and Coors Light. But CEO Gavin Hattersley credited the beers’ marketing campaigns for working to buck that trend.

“On a volume basis, we were narrowly down,” Hattersley said in an interview. “Volume” strips out the impact of currency and price changes. “We came really close to actually growing those brands in 2021, mostly [hurt] — in my view — because of the surge of omicron in the last six weeks of the year.”

After the company reported its fourth-quarter results, shares of Molson Coors rose as much as 5% in Wednesday, February 23 trading.

For the first time in more than a decade, the Miller Lite owner reported annual revenue growth. Net sales rose 6.5% to $10.28 billion in 2021, a dramatic turnaround from 2020 when net sales declined 8.7% as pandemic restrictions weighed on demand.

Hattersley credited the company’s turnaround plan, which involves expanding its portfolio beyond beer, focusing on higher quality drinks and discontinuing brands that weren’t ...More info on site


Whisky news USA: Beam Suntory sees 2021 sales rise as shift to high-end spirits pays off
In the last three years, Knob Creek bourbon has restored the nine-year age statement on its bottles, updated its label design and started selling 12-year and 15-year versions of its whiskey. Prices used to range from $25 to $50 a bottle, but now a bottle can set customers back anywhere from $36 to nearly $200, CNBC reported on February 21.

It’s all part of Beam Suntory’s strategy to shift to higher-end spirits. It’s paying off for the company, which saw sales rise 11% in 2021. And as customers pay more for their spirits, they’re less sensitive to price hikes to offset inflation.

In the United States, the company’s 2021 sales rose by high-single digits, fueled by demand for its premium spirits. The company also said sales from wholesalers to retailers, which indicates real-time consumer demand, climbed by double digits during the year.

One success story for the company’s high-end strategy is its Bowmore Scotch whisky, which saw its volume climb 16% and its sales soar about 50%. To raise its prestige, the brand has partnered with luxury automaker Aston Martin on several occasions, including launching one of the rarest single malt whiskies together in 2020. A bottle of Bowmore sold for a record ...More info on site


Barley news North America: Imports of barley and malt are a must in the region this year
USDA and Statistics Canada’s January estimates for the 2021/22 crop year in the US are as follows: crop 2.56 mln tonnes (last year 3.72), exports 0.175 mln tonnes (last year 0.350), imports 0.2 mln tonnes (0.136).

Canadian barley crop is forecast at 6.95 mln tonnes (last year 10.74 mln), of which Saskatchewan 2.55 mln (4.4), Alberta 3.6 mln tonnes (5.3). Exports in August 2021 – January 2022 were 1.67 mln tonnes and may reach 1.9 mln by the end of the crop year. The export volume is amazing compared to the crop size, H. M. Gauger GmbH said in their latest report.

Both the Canadian and U.S. markets have a big gap of malting barley, brewers/maltsters cannot find any large size offers. Imports from abroad are a must, and have started to roll. After early arrivals from Denmark of 60 thousand tonnes to the U.S. and Canada, now 45 thousand tonnes are on their way from Argentina to the U.S. Gulf, 30 thousand tonnes being loaded at Rouen for Canada, further two cargoes reported for June shipment from Australia to Canada.

Following their disastrous crops serious supply problems are anticipated for the summer months, and new crop germinating barley supplies in Noma are ...More info on site


Brewery news USA, NC: Lesser-Known Beer Co. set to open in Winston-Salem this spring
Winston-Salem is set to get a new craft brewery this spring. Lesser-Known Beer Co. is currently renovating an old service-station building at 901 S. Broad St., where it will put its brewery and a tasting room, the Journal Now reported on February 24.

Owners Will Loring and Ryan Gramlich moved here from Richmond, Va., to start their brewery, which will focus on traditional lagers and older styles of beer.

“We spent a weekend looking around North Carolina, and when we came to Winston-Salem, we just fell in love with it,” Loring said.

Gramlich has been a brewer in Virginia. Loring worked in craft-beer wholesale distribution. The two friends had met in college, then reconnected years later over a love of beer.

Loring said that Lesser-Known will have a 10-barrel system. It will have a custom three-vessel brewhouse to enable decoction, a traditional brewing technique in Germany and the Czech Republic.

“We just came back from a trip to Germany and the Czech Republic to meet with brewers and suppliers,” Loring said. “Two weeks ago we were in Moravia – it just so happens we’re two blocks away from Old Salem (which was settled by Moravians).”

Loring said that Lesser Known also will do open fermentation, an ...More info on site


Brewery news USA, NC: HopFly Brewing Co. launching on February 25
HopFly Brewing Co. will open its new production facility and taproom in Charlotte’s South End on Friday, Feb. 25, the Axios Charlotte reported.

HopFly started off in what owner and founder Cameron Schulz describes as a “cozy little 750 square-foot space” in 2017. It eventually grew to about 8,000 square feet in their pilot brewhouse in Rocky Mount. Now, HopFly joins the ranks of the more than 30 craft breweries in Charlotte as it takes over the former Unknown Brewing spot on South Mint.

“Charlotte has the best beer scene in the state,” Schulz, a North Carolina native, tells Axios. “We want to compete and stand alongside the best.”


Malt newsWorld: Malt prices lower, Brazil imports increased malt volume in crop 2020/21
EU and global malt prices are lower on barley price weakness, RMI Analytics said in their early February report.

Brazil reportedly imported 1.4 mln tonnes ...More info on site


Brewery newsWorld: AB InBev sells more beer in 2021, expects profit increase in 2022
Anheuser-Busch InBev forecast on February 24 its profit would increase this year as consumers have more opportunities to drink outside of their homes after ...More info on site


Brewery newsBrazil: Ambev’s net income falls in Q4 due to higher costs amid Covid-19 pandemic
Ambev SA said on February 24 its profit fell in the fourth quarter from a year earlier as the brewer’s costs jumped amid the ...More info on site


Brewery newsMalaysia: Carlsberg Malaysia predicts challenging year ahead despite significant rise in last year’s profits
Carlsberg Malaysia has predicted that the year ahead will continue to be a challenging one for the beer industry in view of rising costs ...More info on site


Barley newsEurope: Weather benign for winter barley, spring plantings still a few weeks away
Early plantings of spring barley have been reported from south-east England, but that will remain an exception for some time to come, H. M. ...More info on site


Barley newsAustralia: Australia’s barley crop estimated at 13.4 – up to 14+ mln tonnes
RMI Analytics’ estimate of Australia’s barley crop remains at 13.4 mln tonnes but some other analysts go as high as 14+ mln tonnes, RMI’s ...More info on site


Brewery newsIndia: Beer manufacturers expecting good sales this summer
Beer manufacturers are expecting good sales this summer after two seasons were wiped out by the pandemic waves and ensuing lockdowns. Companies like AB ...More info on site


Brewery newsJapan: Asahi Beer to shut up two breweries in Japan
One of Japan's biggest beer companies is planning to shut down two of its domestic plants, as part of moves to consolidate its operations, ...More info on site


Brewery news China: Budweiser Brewing to promote more high-end beer in China
Budweiser Brewing Co APAC , Asia’s largest beer company by sales, said on February 25 it plans to promote more high-end beer in China, having seen strong demand especially for limited edition beer gift sets costing more than 1,500 yuan ($237), The Financial Post reported.

The Asia arm of Anheuser-Busch InBev, which has a portfolio of more than 50 beer brands including Hoegaarden, Stella Artois, Corona and Harbin, said it currently holds more than 45% of China’s market of premium and super premium beer.

Chinese consumers are drinking less, but better beer, according to industry analysts. Beer typically costs between 5 and 10 yuan a bottle in China. Premium beer is priced at 10-12 yuan and super premium is anything more.

“Today we estimate that there is only 16% of the total beer consumption in China that is premium or super premium,” while in South Korea it is 25% and in the West 40 to 45%, said Jan Craps, co-chair and chief executive of Budweiser APAC, in an interview with Reuters after its fourth-quarter results.

“If you look at the middle income household and GDP growth (in China), the market will be very attractive.”

Reflecting the strength of the demand for such products, a super ...More info on site


Brewery news Ukraine: Carlsberg halts operations at its Ukrainian breweries
Danish brewer Carlsberg said on February 24 it has halted operations at its brewery in Kyiv, the southern city of Zaporizhzhya, and in Lviv, western Ukraine, due to the escalating conflict in the country, the MarketScreener reported.

Carlsberg, the second-largest brewer in Ukraine with a 31% market share, had taken "several initiatives in Ukraine with the aim of taking care of the safety of our employees in the country," a spokeswoman said.

"We have stopped production at our breweries in Zaporizhzhya and Kyiv and have informed our employees to stay at home and follow the instructions of the Ukrainian authorities," she said.

Later in the day, the company said it also shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery were cut.

Carlsberg has a third brewery in Ukraine in the western city of Lviv.


Copyright © E-Malt s.a. 2021