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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 Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 43b
October 22 - October 25, 2020


Quote of the Week

Many battles have been fought and won by soldiers nourished on beer.
Frederick the Great

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Currency Rates


Base Currency: US Dollar
on October 23, 2020
Base Currency: Canadian Dollar
on October 23, 2020
      1 USD = 0.8451 EUR
1 USD = 0.7629 GBP
1 USD = 1.3149 CAD
1 USD = 1.4069 AUD
1 USD = 104.7400 JPY
1 USD = 5.5975 BRL
1 USD = 76.7349 RUB
1 USD = 6.6738 CNY
      1 CAD = 0.7604 USD
1 CAD = 0.5802 GBP
1 CAD = 0.6426 EUR
1 CAD = 1.0699 AUD
1 CAD = 79.6500 JPY
1 CAD = 4.2565 BRL
1 CAD = 58.3522 RUB
1 CAD = 5.0750 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news North America: Canada and US barley crops seen slightly smaller this year ...Click here
Brewery news USA: Boston Beer’s Q3 net revenue increases by 30.2% versus last year ...Click here
Brewery news USA, NY: Torch & Crown Brewing Company opening in Lower Manhattan on October 23 ...Click here
Brewery news USA, NJ: South 40 Brewing Co. set to open in Edison on October 24 ...Click here
Brewery news USA, IL: Stunt Brewing gets preliminary approval to launch in Glenview ...Click here
World News
Barley news China: China’s barley imports may reach up to 10 mln tonnes this season ...Click here
Brewery news Nigeria: Guinness Nigeria reports increased loss after tax for Q1 to September 30 ...Click here
Barley news UK: Barley crop estimated at up to 8.1 mln tonnes ...Click here
Barley news Australia & Vietnam: Australia engaging with Vietnamese brewers and maltsters to boost barley exports ...Click here
Brewery news UK: Diageo to roll out alcohol-free Guinness next week ...Click here
Whisky news India: Beam Suntory announces launch of Japanese blended whisky Suntory Whisky Toki ...Click here
Graph of the Week


Table of the Week

World Hops Area and Production 2016 - 2019


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


22 October
1897 - World's 1st car dealer opens in London
1979 - Walt Disney World's 100-millionth guest
1997 - Yahoo completes purchase of Four11

23 October
1814 - 1st plastic surgery is performed (England)
1824 - 1st steam locomotive is introduced
1989 - Bankruptcy of Wartsila Marine; the biggest bankruptcy in the Nordic countries until then

24 October
1836 - A. Phillips patents the match
1857 - World's 1st football club, Sheffield FC, founded in England
2008 - "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices

25 October
1492 - Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 - Tappan sells 1st microwave oven
1960 - 1st electronic wrist watch placed on sale, New York City


Agenda

October 2020:
21 - 24: Beer 2020 (Sochi, Russia)
26 - 28: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
30 - 05 November: Brussels Beer Challenge 2020 (Brussels, Belgium)

November 2020:
10 - 12: Brau Beviale 2020 (Online)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
18 - 22: Mondial de la Biere Rio 2020 (Online)
20 - 21: Beervana 2020 (Wellington, New Zealand)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
26 - 29: Stockholm Beer & Whiskey Tastings 2020 (Stockholm, Sweden)

December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)

February 2021:
05 - 07: Finest Spirits 2021 (Munich, Germany)
09 - 13: Great British Beer Festival Winter 2021 (The New Bingley Hall, Birmingham, UK)
11 - 15: HoReCa 2021 (Athens, Greece)
12 - 14: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
21 - 24: Beer & Food Attraction 2021 (Rimini, Italy)

March 2021:
02 - 04: Beviale Mexico 2021 (Centro Citibanamex, Mexico City)
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)

April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 18: Zythos Beer Festival 2021 (Leuven, Belgium)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)

May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)

June 2021:
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)

July 2021:
13 - 15: Fdt Africa 2021 (Midrand, South Africa)

August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)

More events are available on site e-malt.com

News Articles


Barley news North America: Canada and US barley crops seen slightly smaller this year
Statistics Canada reduced its barley crop estimate slightly to 10.4 mln vs. 10.55 mln tonnes last year. Private estimates are as high as 11 mln tonnes, with an export surplus of 3.0 mln, H. M. Gauger GmbH reported earlier in October.

The harvest went smoothly, and the barley quality is good, with a large percentage of selectable malting barley. If almost 2 mln tonnes are already sold to China, the export target looks realistic. However, port capacity is large, but limited, and wheat exports from Pacific ports are more profitable than barley.

The Small Grains report of the USDA shows a US barley crop of 165 mln bushels (3.6 mln tonnes), down from 3.75 mln last year. The main production states were: Idaho 1.2 mln tonnes, Montana 1.0 mln, North Dakota 0.63 mln tonnes.


Brewery news USA: Boston Beer’s Q3 net revenue increases by 30.2% versus last year
The Boston Beer Company, Inc. reported on October 22 third quarter 2020 net revenue of $492.8 million, an increase of $114.3 million or 30.2%, from the same period last year.

Net income for the third quarter was $80.8 million, an increase of $36.0 million or 80.6% from the same period last year.

Earnings per diluted share were $6.51, an increase of $2.86 per diluted share, or 78.4% from the third quarter of 2019. This increase was primarily due to increased revenue that was driven by shipment growth of 30.5%, partially offset by lower gross margins and increases in operating expenses.

Earnings per diluted share for the 39-week period ended September 26, 2020 were $12.90, an increase of $4.83 or 59.9% from the comparable 39-week period in 2019. Net revenue for the 39-week period ended September 26, 2020 was $1.275 billion, an increase of $327.0 million or 34.5% from the comparable 39-week period in 2019.

The company began seeing the impact of the COVID-19 pandemic on its business in early March. The direct financial impact of the pandemic has primarily shown in significantly reduced keg demand from the on-premise channel and higher labor and safety-related costs at the company's breweries. In the ...More info on site


Brewery news USA, NY: Torch & Crown Brewing Company opening in Lower Manhattan on October 23
After a five-month delay, the Torch & Crown Brewing Company is opening its brewery and restaurant in Lower Manhattan on Friday, October 23, Patch.com reported.

The joint at 12 Vandam Street in SoHo will sit inside a 9,000 square-foot space that allows for 430 seats at full capacity. The inside dining room has three 'Brite Tanks' which holds house-brewed beer, an 18-tap blackened steel bar, and fits seating for 250 people on its floor.

There is also an outdoor space with a heated side yard that seats another 180 people.

The Torch & Crown Brewing Company states that it has implemented a number of coronavirus safety protocols to best keep the expansive dining space free of the virus. The restaurant will additionally open at 25 percent capacity, and enforce "rigorous" social distancing and sanitation standards.

The menu has a collection of small plates, vegetables, classics, and sharable dishes, but maybe not one dish stands out more than the "Cannibal Jerky."

There will also be 10 options of tap beer on the restaurants opening menu.

The restaurant will be the first production brewery in Manhattan.

The two founders of the borough's first brewery actually started the idea 15 years ago after getting busted with fake IDs at an ...More info on site


Brewery news USA, NJ: South 40 Brewing Co. set to open in Edison on October 24
Seven years ago, a friend gave Kevin Pacansky a beer-making kit, MyCentralJersey.com reported on October 22.

“I messed it up so bad that it just tasted like funky, murky water,” laughed Pacansky. “It wasn’t even carbonated properly. But I’m one of those people that when I mess something up so bad that it's atrocious, it’s going to eat away at me until I figure it out.”

Much has changed since then. Pacansky is set to open South 40 Brewing Co., a new brewery in the Raritan Center in Edison at noon Oct. 24.

After receiving the beer kit, Pacansky, a self-proclaimed foodie — but one who, at the time, didn’t even enjoy craft beer — spent four years homebrewing and experimenting with ingredients.

“When I was trying to figure out how to make it, I started liking craft beer, and then I started to realize you can put all these crazy ingredients in it like coffee beans and vanilla beans and I then got hooked trying to make different flavors,” he said.

Then, in 2017, he connected with a family friend interested in investing in a brewery. Pacansky found the space, a 2,000-square-foot former Army ammunition depot, at the end of 2018.

The cozy, rustic digs ...More info on site


Brewery news USA, IL: Stunt Brewing gets preliminary approval to launch in Glenview
There may soon be a new spot to grab a beer in Glenview. Resident Steven Ha, who currently operates Boba Club at 1825 Waukegan Road, is looking to turn that business into a 19-seat craft brewery and taproom for Stunt Brewing, Patch.com reported on October 22.

Following approval from the Glenview Plan Commission last month, the Glenview Village Board gave preliminary approval to a conditional use. The conditional use is necessary for Stunt Brewing to operate in the B-2 General Business District. Final approval is scheduled to be considered Nov. 5.

The proposed brewery and taproom will include food service. It will be closed to the public on Mondays and Tuesdays for brewing. Hours during the pandemic will be 3-10 p.m. Wednesday-Friday, noon-1 p.m. Saturday and Sunday.

Jeff Brady, director of community development, said at Tuesday's Village Board meeting that the owners have not set an opening date with some remodeling work needed.

In the meeting's agenda packet, Stunt Brewing describes itself as "aiming to shock and awe with beers huge in flavor and big in body, pushing the palette with small experimental batch brews. Always offering something new, awesome and even wild."


Barley newsChina: China’s barley imports may reach up to 10 mln tonnes this season
Australia shipped 1 mln tonnes each of feed and malting barley to China in January-July, the second half 2020 shipments will be negligible, H. ...More info on site


Brewery newsNigeria: Guinness Nigeria reports increased loss after tax for Q1 to September 30
Guinness Nigeria has reported a loss after tax increase of 127.2 percent at N841.64 million for the first quarter ended September 30 as mounting ...More info on site


Barley newsUK: Barley crop estimated at up to 8.1 mln tonnes
Coceral barley crop estimates for the UK are: winter 2.4 mln tonnes, spring barley 4.6 mln tonnes, H. M. Gauger GmbH said in their ...More info on site


Barley news Australia & Vietnam: Australia engaging with Vietnamese brewers and maltsters to boost barley exports
With Vietnam’s malting barley imports set to nearly double by 2030, the Australian Export Grains Innovation Centre (AEGIC) is engaging with Vietnamese brewers and maltsters to ensure Australia maintains a significant market share, Grain Central reported on October 22.

Last week, AEGIC hosted a virtual event for the Vietnamese brewing and malting industry to provide an update on the 2020 growing season and communicate the benefits of Australian malting barley.

AEGIC barley markets manager Mary Raynes said Vietnam was famous for its beer drinking culture.

“Vietnam is in the top 10 beer markets globally and Australia is their largest supplier of malt and malting barley,” she said.

“Vietnam consumed more than 4.6 billion litres of beer in 2019. COVID has had an impact on beer consumption, however Vietnam is the third largest consumer of beer in Asia and the largest in South East Asia.”

Ms Raynes said beer production would increase by 2-3 per cent per annum towards 2030, boosting demand for malt and malting barley.

“AEGIC analysis forecasts that Vietnam’s malting capacity will increase towards 2030, which will result in malting barley imports jumping to about 330,000 tonnes, nearly double that required in 2019,” she said.

The webinar – “Australian Malting Barley: Optimising Value” – had ...More info on site


Brewery news UK: Diageo to roll out alcohol-free Guinness next week
Diageo has unveiled an alcohol-free Guinness stout that will be rolled out in the UK next week, The Drinks Business reported on October 22.

The beer, which was made at Guinness’ St James Gate brewery in Dublin, comes in at 0.0% ABV, contains 16 calories per 100ml, and will be rolled out in the UK from 26 October. A full 440ml can contains just over 70 calories, and carry a recommended retail price of between £3.50 and £4.50 for a pack of four.

It is a de-alcoholised beer, where the alcohol is removed through a cold filtration method.

Most mainstream beers are either cold filtered to remove the yeast and bacteria, or heat pasteurised to kill all yeast and bacteria. Cold filtration allows the alcohol to be filtered out “without presenting thermal stress to the beer, protecting the integrity of its taste and character”, according to a spokesperson for Diageo, which owns the Guinness brewery.

Guinness 0.0 will be available in 440ml can 4-pack format in off-licences and supermarkets Waitrose and Morrison’s from 26 October, before rolling out to other retailers. It will be available in pubs across Ireland and Great Britain from Spring 2021 and available in more markets throughout the world later ...More info on site


Whisky news India: Beam Suntory announces launch of Japanese blended whisky Suntory Whisky Toki
Beam Suntory, has announced the launch of an exquisite Japanese blended whisky, Suntory Whisky Toki, under the iconic, House of Suntory portfolio. The launch will mark the first expansion of the portfolio since its launch in India late last year with the introduction of the single malt Yamazaki Distiller’s Reserve, blended whisky Hibiki Japanese Harmony and Japanese Craft Gin Roku, fnbnews.com reported on October 23.

It is a blended whisky that is inspired by Japan’s culture, heritage and future-forward outlook. It represents the best of old and new bringing together the rich, age-old legacy with its contemporary and modern spirit to perfect a blend that is both groundbreaking and timeless.

Traditionally, in the time-honoured process of blending whiskies in Japan, grain whiskies have acted as dashi, meant to accentuate the flavours of key malts used. However, with the wide variety of grain whiskies that are produced in the company’s Chita distillery, Shinji Fukuyo, the fourth chief blender was inspired to reimagine the role of these grain whiskies to produce an artful blend that is a balance of subtlety and refinement.

Neeraj Kumar, managing director, Beam Suntory India, said, “We are delighted with the appreciation received for the launch of The House of Suntory ...More info on site


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