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E-Malt.com Newsletter 04a
January 19 - January 21, 2026
Quote of the Week
Wine is but a single broth, ale is meat, drink and cloth.
English proverb
Currency Rates
Base Currency: US Dollar
on January 21, 2026 |
Base Currency: Canadian Dollar
on January 21, 2026 |
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1 USD = 0.8545 EUR
1 USD = 0.7435 GBP
1 USD = 1.3839 CAD
1 USD = 1.4854 AUD
1 USD = 158.0220 JPY
1 USD = 5.3728 BRL
1 USD = 77.7508 RUB
1 USD = 6.9624 CNY
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1 CAD = 0.7225 USD
1 CAD = 0.5372 GBP
1 CAD = 0.6173 EUR
1 CAD = 1.0732 AUD
1 CAD = 114.1690 JPY
1 CAD = 3.8818 BRL
1 CAD = 56.1739 RUB
1 CAD = 5.0302 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, NJ: Bay Ave. Brewery begins construction in Somers Point
...Click here
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Canada, BC: Lighthouse Brewing Company to close production facility but its brands to continue to be brewed locally
...Click here
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USA, CA: Off the Rails Brewing closes indefinitely in Sunnyvale
...Click here
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World: Carlsberg to continue to keep beer at heard of its business, CEO says
...Click here
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Nigeria: Nigerians spend N1.54tn on beer, others in nine months
...Click here
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World: Biggest alcohol producers sitting on highest level of ageing spirits inventory in more than a decade
...Click here
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Australia: Malting barley shipments drop in November while feed barley up 10 times compared to October 2025
...Click here
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Germany: World’s oldest monastic brewery Weltenburger being sold amid plunging sales
...Click here
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Ireland: Irish Distillers confirm price hikes across portion of its portfolio
...Click here
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UK & Ireland: Molson Coors launches Caffrey’s Black Stout to meet growing demand for stouts
...Click here
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Graph of the Week
Table of the Week
EU & UK Malt Production Capacity
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 January
1898 - Edward Crosby Johnson II, future founder of Fidelity Management & Research Co., is born in Milton
1938 - GM began mass production of diesel engines
1992 - IBM announces a nearly $5B loss for 1992
20 January
1781 - 1st edition of Pieter It Hoens "Post of Neder-Rhijn" published
1872 - Californian Stock Exchange Board organized
1995 - Russian ruble drops to 3,947 per dollar (record)
21 January
1846 - 1st edition of Charles Dickens' "Daily News"
1976 - Supersonic Concorde, 1st commercial flights, by Britain and France
1994 - Dow Jones passes 3900 (record 3,914.20)
Agenda
January 2026:
25 - 27: Planete Biere Toulouse 2026 (Toulouse, France)
February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
23 - 23: Beer Experience 2026 (Antwerp, Belgium)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)
March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
15 - 17: Planete Biere Marseille 2026 (Marseille, France)
18 - 19: BeerX 2026 (Liverpool, UK)
20 - 22: St Malo Craft Beer Expo 2026 (St Malo, France)
24 - 26: 110th International Brewing & Engineering Conference 2026 (Erding, Germany)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
26 - 28: Warsaw Beer Festival 2026 (Warsaw, Poland)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
10 - 11: InnBrew 2026 (Barcelona, Spain)
10 - 12: Barcelona Beer Festival 2026 (Barcelona, Spain)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
News Articles
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Canada: Craft beer in Canada losing its fizz
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After years of seemingly unlimited growth for the craft beer industry, the party is winding down, CBC reported on January 18.
Beer sales are down across the board and the number of breweries in Canada has started to decline, a shift driven by a mix of cost pressures and changing consumer tastes and social habits.
"A lot of us who'd been in it since the start of the small breweries knew at some point there had to be a bit of a correction," said Ben Leon, co-founder and CEO of Dandy Brewing in Calgary.
"We weren't going to ride this rocket ship forever."
But while the 2010s hype around craft beer might be over, there are still businesses finding success by offering different drinks and taking a more expansive view of what a brewery can be.
In 2014, Leon opened his brewery's first location inside a tiny warehouse space in the city's north-east.
It was good timing. All over North America, millennials were going crazy for craft beer, and in Alberta, the government had recently changed rules to help microbreweries get their product to market.
"There was a huge thirst in Alberta for craft beer," said Leon, who recalls getting emails about new breweries
...More info on site
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USA, NJ: Bay Ave. Brewery begins construction in Somers Point
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Construction is underway for Bay Ave. Brewery in Somers Point, nj.com reported on January 19.
Tom Dooner and Brian Murphy are bringing their professional brewing experience to the corner of Bay and Maryland Avenues.
They’re no strangers to making beer and have worked as professional brewers since 2020.
Dooner worked in the quality control lab for Cape May Brewing and at Dock Street Brewery in Philadelphia.
Murphy worked at King’s Road Brewing Co. in Haddonfield and Brewery ARS in South Philadelphia.
The brewery plans serve about 10 beers on tap, according to a statement.
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Canada, BC: Lighthouse Brewing Company to close production facility but its brands to continue to be brewed locally
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One of Victoria’s longest-running craft breweries is closing its production facility, but its best-known beers will continue to be brewed locally, Victoria Buzz reported on January 20.
Phillips Brewing & Malting Company has confirmed it will acquire the beer brands and intellectual property of Lighthouse Brewing Company, with the transition set to take effect January 25th.
The move comes as Lighthouse prepares to shut down its brewery after 27 years in operation.
Lighthouse co-owner and general manager Ben Thomas announced on Monday that the brewery would close by the end of January, citing mounting economic pressures and major challenges facing the craft beer industry.
At the time, he said the Lighthouse brand had been purchased by another local Victoria brewery that was committed to carrying the torch forward.
That brewery is Phillips, which says it will take over brewing, packaging, marketing, and sales for Lighthouse’s portfolio of beers, including Shipwreck IPA, Race Rocks Amber Ale, and Company Lager.
“After 27 years of serving the craft beer community here on Vancouver Island, it was important for us to find a craft brewery who could continue the legacy of the Lighthouse brands,” said Thomas.
“Phillips is a recognized and respected leader in the B.C. craft beer industry and will
...More info on site
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USA, CA: Off the Rails Brewing closes indefinitely in Sunnyvale
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Off the Rails, a large brewery and restaurant space in downtown Sunnyvale, has closed indefinitely, the Mercury News reported on January 16.
The brewpub announced on Instagram that its final day would be Jan. 10.
“This wasn’t an easy choice,” the announcement’s authors wrote. “We truly tried to find a path forward, but sometimes, despite best efforts, things don’t work out.”
The two-story brewery situated near the Sunnyvale Caltrain station hosted events like trivia nights, concert series, game day watch parties, community fundraisers and even jigsaw puzzling races and chess competitions.
Behind the brewpub was Saurabh Dwivedi, a home brewer, financial consultant and tech guy who wrote the recipes, and brewmaster Saul Ramirez, who brewed up the recipes and made them work. There were about a dozen beers on tap and a full menu with burgers, sandwiches, salads, pizza and more.
“We carry with us wonderful memories and deep appreciation in our hearts. Thank you for being part of our story,” the announcement concluded.
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World: Carlsberg to continue to keep beer at heard of its business, CEO says
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Carlsberg will continue to keep beer at the heart of its business, even as the share of local beer brands has, for the first time, fallen below half of the group's total sales. This was stated in an interview conducted by the Financial Times with the Danish brewing giant's CEO, Jacob Aarup-Andersen.
"We have a very strong heritage and a strong brewing DNA in the company, and I will not let go of that. Carlsberg is, at its core, a brewery," Aarup-Andersen told the British financial newspaper.
Aarup-Andersen noted that consumers' growing focus on moderation has led the company to strengthen its offerings in soft drinks and non-alcoholic beverages, but he also emphasized that beer remains crucial for the group's relevance.
In 2025, beer brands accounted for 49 percent of sales, while soft drinks and non-alcoholic beverages had risen to about one third.
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Nigeria: Nigerians spend N1.54tn on beer, others in nine months
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Major listed brewers in Nigeria generated a combined revenue of over N1.54tn from the sale of beer and other non-alcoholic drinks in the first
...More info on site
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World: Biggest alcohol producers sitting on highest level of ageing spirits inventory in more than a decade
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A historic downturn in demand for Scotch, whiskey, cognac and tequila has left drinks makers sitting on a lake of unsold spirits, forcing them
...More info on site
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India: AB InBev to expand facility in Telangana
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AB InBev, the world's largest brewer, said it will invest a significant amount for expanding its existing facility in Telangana. The announcement came during the Chief Minister A. Revanth Reddy-led ‘Telangana Rising’ delegation’s meeting with John Blood, chief legal and corporate affairs officer, AB InBev, during the WEF 2026 in Davos on January 21.
The company has an operational presence in over 50 countries. In Telangana, it has two manufacturing plants, with 600 employees. The new investment in expansion would generate significant additional revenue every year for the state.
“Revenue generation and capacity building are key to the state's roadmap for becoming a $3-trillion economy by 2047 under Telangana Rising 2047 vision,” said Revanth Reddy.
Industries minister D. Sridhar Babu said that with policy stability, world-class infrastructure, and ease of doing business, we are building sustained investor confidence to position the state as an investment magnet. The meeting also focused on potential areas of engagement in areas like circular water use, CSR spending in Telangana with a focus on women empowerment, education and skill development.
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Australia: Malting barley shipments drop in November while feed barley up 10 times compared to October 2025
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Australia exported 912,990 tonnes of barley and 29,910t of sorghum in November, according to the latest data from the Australian Bureau of Statistics.
At 852,047t, the feed barley figure for the month is more than 10 times the 78,475t shipped in October, with China on 627,616t, Saudi Arabia on 117,045t, Kuwait on 41,335t, and the United Arab Emirates the four biggest customers.
Mexico on 30,000t and China, 19,136t were the only markets to take more than 5000t of November-shipped malting barley, which totaled 60,943t, down 37 percent from the 96,170t shipped in October.
China was the destination for 24,761t, or 83pc, of November-shipped sorghum, with The Philippines on 2521t and Taiwan on 2218t the only other markets to take more than 1000t.
McDonald Pelz senior broker Sam Roache said barley shipments in the first real new- crop month have started with a bang.
“They show a record 912,990t shipped versus sub 200,000t in October,” Mr Roache said.
“Demand has been constant, with the lower shipping months into the end of the year a product of tight available stocks.”
Mr Roache said volume was expected to grow into December and January, and remain consistently high for the year, with record production matching record import demand in China.
“Interestingly, we
...More info on site
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Germany: World’s oldest monastic brewery Weltenburger being sold amid plunging sales
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The world’s oldest monastic brewery, Germany’s Weltenburger, is being sold to the Munich brewers Schneider Weisse as part of consolidation in the sector in response to plunging sales, The Guardian reported on January 19.
Beer has been brewed at Weltenburg Abbey, a stunning, still active monastery on the banks of the Danube in Bavaria, for nearly 1,000 years.
Although the facility is still owned by the Catholic church, the Benedictine monks handed over production of the brand’s award-winning lager and signature dark brews half a century ago to hired staff from the Bischofshof brewery, which will also be sold to Schneider.
The diocese of Regensburg and Schneider Weisse agreed on the sale after several years in which Weltenburger’s business was in the red, meaning the church had to inject its own funds to prop it up, local media reported.
Till Hedrich, the managing director of both Weltenburger and Bischofhof, said the planned solution could head off the threat of complete closure or break-up of the breweries by an investor with “no connection to the region”, while preserving an “important piece of Bavarian brewing tradition” in the long run.
The financial details of the sale of Weltenburger to Schneider, a comparatively young outfit launched in 1872,
...More info on site
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Ireland: Irish Distillers confirm price hikes across portion of its portfolio
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One of Ireland’s leading suppliers of spirits and producer of some of the world’s most well-known Irish whiskeys has confirmed price hikes across a portion of its portfolio from next month, MSN reported on January 15.
Irish Distillers told the Irish Examiner that it was in the process of communicating price increases to its customers, which will mark the distiller's first price hike since August 2023.
It comes just a day after Guinness-owner Diageo announced plans to increase prices of draught products to publicans by 7c, with punters set to face a 20c price increase.
In a statement, Irish Distillers said: "Like many businesses, we continue to operate in a dynamic cost environment.
"As a result, we will be implementing a small increase across a portion of our portfolio from 22nd February 2026 – the first price increase since August 2023."
"We are in the process of communicating this change to our customers, and our sales teams will continue to engage with them directly. We would like to thank our customers for their continued support and understanding.”
Asked how much it will increase prices by, Irish Distillers said it "does not disclose commercially sensitive information."
Owned by Pernod Ricard, the world's second-largest Western spirits maker by
...More info on site
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UK & Ireland: Molson Coors launches Caffrey’s Black Stout to meet growing demand for stouts
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Molson Coors Beverage Company has launched Caffrey’s Black Stout to meet growing consumer demand for the beer style. Leaning on brand heritage to sell the new beer, the brewer admitted that this is “a clear opportunity” that will “play a role in the category’s next phase of growth”, The Drinks Business reported on January 15.
The 3.4% ABV nitrogen-infused beer is being launched amid the stout beer style seeing a resurgence in popularity and commanding more attention among drinkers and has been launched at a time when Guinness, owned by Diageo, is rising in popularity along with sales of Murphy’s Irish Stout skyrocketing with volume up 607% and value up 666% in the past year, according to Murphy’s brand owner Heineken.
Speaking to the drinks business, Molson Coors UK sales director for the UK & Ireland Kev Fawell said: “Stout is expanding rapidly, driven by drinkers looking for more choice and quality. Our Caffrey’s Black Stout is a serious entry, and we’re backing it with the investment and ambition it deserves. Caffrey’s has the brewing heritage, flavour profile and brand credentials to compete strongly in this space. With room at the bar for multiple strong players, we’re confident Caffrey’s will earn its
...More info on site
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