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E-Malt.com Newsletter 18b
May 01 - May 04, 2025
Quote of the Week
When I started counting my blessings, my whole life turned around.
Willie Nelson
Currency Rates
Base Currency: US Dollar
on May 02, 2025 |
Base Currency: Canadian Dollar
on May 02, 2025 |
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1 USD = 0.8846 EUR
1 USD = 0.7519 GBP
1 USD = 1.3821 CAD
1 USD = 1.5647 AUD
1 USD = 144.5770 JPY
1 USD = 5.6740 BRL
1 USD = 81.6457 RUB
1 USD = 7.2705 CNY
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1 CAD = 0.7235 USD
1 CAD = 0.5439 GBP
1 CAD = 0.6400 EUR
1 CAD = 1.1320 AUD
1 CAD = 104.5940 JPY
1 CAD = 4.1048 BRL
1 CAD = 59.0663 RUB
1 CAD = 5.2598 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Craft beer sales continued to contract in April
...Click here
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USA, WA: Beach Cat Brewing to open its second location in Bellingham this year
...Click here
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USA, TX: Austin’s Blue Owl Brewing announces new ownership
...Click here
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China: Chongqing Brewery Company records increases in Q1 sales volume and operating revenue
...Click here
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Nigeria: Brewers report higher revenues despite plunge in beer consumption
...Click here
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Argentina: Bierhaus brewery expands lager production
...Click here
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South Korea: Japanese beer imports enjoying sharp recovery
...Click here
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Australia: Asahi invests in new canning system at Queensland brewery
...Click here
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Graph of the Week
Table of the Week
Belgium Malt Exports 2018 - 2024
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 May
1876 - The Amsterdam Stock Exchange Association (Vereniging voor de Effectenhandel) is created by 465 Dutch brokers; from now on, only members of the association are allowed to trade on the exchange
1878 - The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1925 - The All-China Federation of Trade Unions is officially founded. Today it is the largest trade union in the world, with 134 million members
1972 - Economist Milton Friedman rings the opening bell at the Chicago Mercantile Exchange to inaugurate the world's first day of trading in foreign-currency futures
02 May
1896 - The Dow Jones Industrial Average is first published
1913 - William R. Hewlett, co-founder of Hewlett-Packard Co., is born in Ann Arbor, Mich
1985 - Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.
1998 - The European Central Bank is founded in Brussels in order to define and execute the European Union's monetary policy
03 May
1830 - 1st regular steam train passenger service starts
1919 - America's 1st passenger flight (New York - Atlantic City)
1965 - 1st use of satellite TV, Early Bird Satellite
04 May
1626 - Indians sell Manhattan Island for $24 in cloth and buttons
1878 - Phonograph shown for 1st time at Grand Opera House
1959 - The 1st Grammy Awards are held
1979 - The first modern leveraged buyout using high-yield junk bonds -- a $381 million deal to take Houdaille Industries private -- is completed by Kohlberg, Kravis, Roberts & Co
Agenda
May 2025:
01 - 01: World Beer Cup 2025 (Indiana Convention Center, Indianapolis, IN, USA)
06 - 06: The Melbourne Royal Australian International Beer Awards 2025 (Melbourne, Australia)
08 - 11: Wiener Bierfest 2025 (Vienna, Austria)
12 - 13: European Malt Supply Summit 2025 (Paris, France)
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
18 - 20: EBC Symposium 2025 (Budapest, Hungary)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
13 - 14: Tallinn Craft Beer Weekend 2025 (Tallinn, Estonia)
16 - 18: VLB Africa Brewing Conference 2025 (Maputo, Mosambique)
20 - 22: Mondial de la Biere 2025 (Montreal, Canada)
July 2025:
03 - 04: The CIBD Sustainability in Brewing Conference 2025 (Nottingham, UK)
18 - 19: London Craft Beer Festival 2025 (London, UK)
August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
13 - 15: Brewing Summit 2025 (Palm Desert, CA, USA)
22 - 23: Beervana 2025 (Wellington, New Zealand)
September 2025:
04 - 06: Stockholm Beer & Whisky Festival 2025 (Stockholm, Sweden)
13 - 14: Bruges Beer Festival 2025 (Bruges, Belgium)
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)
October 2025:
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
November 2025:
04 - 06: Brussels Beer Challenge 2025 (Belgium)
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
13 - 15: Drink Technology India 2025 (Bombay Exhibition Centre, Mumbai, India)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
March 2026:
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
News Articles
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USA: Craft beer sales continued to contract in April
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Flavored malt beverages and seltzers are on the comeback, while craft beer continued to contract according to the April 2025 Beer Purchasers’ Index (BPI) from The National Beer Wholesalers Association (NBWA), Craft Brewing Business reported on May 1.
The BPI is the only forward-looking indicator for distributors to measure expected beer demand. The index surveys beer distributors’ purchases across different segments and compares them to previous years. A reading greater than 50 indicates the segment is expanding, while a reading below 50 indicates the segment is contracting.
The April Beer Purchasers’ Index recorded a year-over-year decrease to 38 while the at-risk inventory measure rose to 54. The combination of these index readings continues to place the industry in contractionary territory.
The FMB/seltzer reading for April 2025 at 43 is three-points higher than the April 2024 reading at 40. The FMB segment is the only segment to post a higher reading in April 2025 compared to April 2024. This is 14th consecutive month of YoY improvement — the segment’s first such streak since 2019/2020.
The Imports segment returned to expansionary territory following its first month in contraction since 2020, with an April 2025 reading of 51. Still: that is 22 points below last April’s reading
...More info on site
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USA, WA: Beach Cat Brewing to open its second location in Bellingham this year
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For five years, Beach Cat Brewing has made their mark in the Whatcom County beer community with their taproom and brewery on the water in Birch Bay, MyBellinghamNow.com reported on May 1.
As the brewery looks to expand, Beach Cat will be opening its second location on the Bellingham waterfront in 2025.
According to owners Jake Gobeille and Darin Hamm, the indoor-outdoor layout will allow customers to enjoy their locally brewed beer with a unique view of Bellingham Bay.
“Outdoor seating is a must here, as the whole outdoor patio is [permitted] for seating too,” Gobeille said. “We’ll do picnic tables like we did in Birch Bay since Darin has the recipe for building those tables.”
Hamm explained that one of the main reasons Beach Cat was looking to expand was the demand for more beer to be brewed. Since starting in 2020, the brewery has operated out of their Birch Bay location which only produces around seven kegs of beer per brew. In the new brewing space, Beach Cat will be able to turn out around 30 kegs of beer per brew.
But as the brewery grew in popularity over the past five years, their customer base has also grown accustomed to the other
...More info on site
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USA, TX: Austin’s Blue Owl Brewing announces new ownership
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Austin-based Blue Owl Brewing recently announced new ownership. Brothers Tony and Ian Norris, in partnership with original co-founder and executive brewer Jeff Young, took over the business as of April 23, Community Impact reported.
Known for its collection of sour and uniquely brewed beers, “the soul of Blue Owl isn’t going anywhere,” a news release from the company states.
The duo will focus on expanding the brewery’s Bob’s Fine Beers line, which includes Bob’s Your Uncle Juicy IPA and Bob’s Cold One Light Lager.
The brewery will be holding its Blue Owl Rehatched party May 9 in celebration of the transition, including live music, special beer releases, newly revamped patio, food specials and more.
“Since the beginning, Blue Owl Brewing has crafted unique experiences for our fans and community,” Tony Norris said in a statement. “That unique experience caught my attention many years ago, and I'm thrilled to now work with this amazing team to bring you the next chapter of Blue Owl.”
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China: Chongqing Brewery Company records increases in Q1 sales volume and operating revenue
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Introduction of multiple new products and packaging have helped Chongqing Brewery Company, a brewer based in Chongqing in Southwest China, to record increases in
...More info on site
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Nigeria: Brewers report higher revenues despite plunge in beer consumption
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Nigeria’s leading brewers may be celebrating impressive first-quarter revenues in 2025, but behind the rising figures lies a sobering reality: beer consumption is steadily
...More info on site
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Argentina: Bierhaus brewery expands lager production
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Bierhaus, a leading brewery in Argentina, is driving significant growth in the country’s beer market with plans to produce more than one million litres
...More info on site
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South Korea: Japanese beer imports enjoying sharp recovery
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As the imported beer market is contracting, only Japanese beer continues to show growth. Since the 'No Japan' (boycott of Japanese products) movement quieted down in 2019, consumer perceptions have changed, and Japanese beers have gained popularity through travel and social media, leading to evaluations that they are regaining their former prominence domestically, ChosunBiz reported on May 1.
Analysis of import and export trade data by ChosunBiz revealed that the import value of Japanese beer collapsed after reaching $73.8 million (184.9 billion won) in 2018, but is showing a sharp recovery. Due to the effects of the No Japan movement, the import value dropped to $39.76 million (56.5 billion won) in 2019 and $5.67 million (8.1 billion won) in 2020. It rebounded to $6.88 million (9.8 billion won) in 2021, followed by $14.48 million (20.6 billion won) in 2022, $55.52 million (78.9 billion won) in 2023, and is projected to reach $67.45 million (95.9 billion won) in 2024, marking an increase in import value for four consecutive years.
Japan reclaimed its position as the top beer exporter to Korea in 2023, five years after losing it. It maintained this position last year as well. Last year, the import value of beer ranked
...More info on site
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Australia: Asahi invests in new canning system at Queensland brewery
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Asahi Beverages has unveiled a new canning system at its brewery in Queensland as consumer demand grows for cans over stubbies, The Shout reported on May 2.
The $60m production line will be capable of rolling out more than two million cans every 24 hours, including brands like Great Northern, Victoria Bitter and Carlton Dry.
With the capacity to produce 400 million cans a year, the new line significantly boosts the canning capacity at the Yatala facility between Brisbane and the Gold Coast, which is Australia’s largest brewery.
Having created more than 200 jobs during its construction, and 28 full-time jobs on-site, Head of Manufacturing at Yatala, Melanie Hignett, said the new line underscores Asahi’s long-term commitment to Australian jobs and manufacturing.
“This new canning line is a major investment in south-east Queensland manufacturing. It’s a big win for beer lovers too because it helps ensure we can meet growing demand for beer cans in Queensland and beyond for many years to come.
“Aussie beer lovers’ increasing thirst for cans over stubbies is creating more great brewery jobs for Queenslanders and some useful sustainability benefits too,” Hignett stated.
Five years ago, just 46 per cent of the packaged beer Asahi brewed in Australia was sold in
...More info on site
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