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E-Malt.com Newsletter 04b
January 22 - January 25, 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 23, 2026 |
Base Currency: Canadian Dollar
on January 23, 2026 |
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1 USD = 0.8537 EUR
1 USD = 0.7433 GBP
1 USD = 1.3810 CAD
1 USD = 1.4673 AUD
1 USD = 158.5210 JPY
1 USD = 5.3079 BRL
1 USD = 76.2225 RUB
1 USD = 6.9662 CNY
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1 CAD = 0.7240 USD
1 CAD = 0.5381 GBP
1 CAD = 0.6181 EUR
1 CAD = 1.0623 AUD
1 CAD = 114.7700 JPY
1 CAD = 3.8429 BRL
1 CAD = 55.1853 RUB
1 CAD = 5.0435 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: 2025-26 barley crop estimated 19% higher than last season
...Click here
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USA, KS: Stockyards Brewing Co. to open new Overland Park location by the end of January
...Click here
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USA, WI: Ope! Brewing Co. to open a second, significantly larger location in Appleton
...Click here
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USA, TN: Jackalope Brewing Company announces acquisition of Black Abbey Brewing Company
...Click here
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USA, CA: Laughing Monk Brewing to open its fifth location in Campbell
...Click here
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USA, MN: Hoops Brewing to close its doors on February 23
...Click here
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World: Barley production forecast up 0.8 mln tonnes to 154.6 mln tonnes
...Click here
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EU-27 & UK: Final barley crop 2025 estimated at 63 mln tonnes
...Click here
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Australia: Australia expected to see its largest barley crop on record in 2025-26
...Click here
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India: United Spirits sees sharp rise in profitability in the third quarter of FY26
...Click here
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China & Hong Kong: China’s Henan Kingstar Brewery files for IPO on Hong Kong Stock Exchange
...Click here
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Argentina: Non-alcoholic beer begins to consolidate itself as one of the most dynamic segments within beer market
...Click here
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Colombia: Government raises VAT on distilled beverages
...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
22 January
1967 - The microwave oven is invented
1970 - 1st commercial Boeing 747 flight, New York to London in 6 hours
23 January
1849 - Patent granted for an envelope-making machine
1932 - The Reconstruction Finance Corp. is created under a law signed today by Pres. Herbert Hoover
1991 - World's largest oil spill, caused by embattled Iraqi forces in Kuwait
24 January
1902 - Denmark sells Virgin Islands to USA
1935 - 1st canned beer, "Krueger Cream Ale," is sold by Kruger Brewing Co
1984 - Apple Computer Inc unveil its Macintosh personal computer
25 January
1853 - Basic financial disclosure becomes mandatory for all companies seeking to list their stock for trading on the New York Stock & Exchange Board
1919 - Founding of League of Nations
1959 - First transcontinental commercial jet flight (LA to NY for $301)
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: 2025-26 barley crop estimated 19% higher than last season
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For 2025-26, Canadian barley production is estimated by Statistics Canada (STC) at 9.7 million tonnes (Mt), 19% higher than the production in the previous
...More info on site
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USA, KS: Stockyards Brewing Co. to open new Overland Park location by the end of January
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West Bottoms’ Stockyards Brewing Co. began planning to enter the Johnson County market in 2020. On Thursday, January 22 Stockyards released an opening date for its 10310 Mastin St. spot in Overland Park, The Kansas City Star reported.
The new brewery will open Jan. 30, according to a news release.
Husband and wife duo Greg Bland and Meg Moore will bring the cowboy-style brewery into a space formerly home to grocery co-op AGI (and Piggly Wiggly before that).
“From musicians to regulars to staff to the collaborative KC beer industry, Stockyards is lucky to have become the best of all the people who make it what it is,” Greg Bland, aka the “Trail Boss,” said in a press release.
“We don’t get to keep doing this without people far beyond us supporting it.”
The company said in its statement that Stockyards is committed to serving the public at a time when many small businesses and breweries are struggling.
The new space features a main taproom and a second family-style room, with another bookable area that has couch seating. Outside food is welcome.
“Plenty of conversations mused if the new location was still opening after initial development began in 2020 and slowed, but
...More info on site
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USA, WI: Ope! Brewing Co. to open a second, significantly larger location in Appleton
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A southeast Wisconsin-based brewing company is planning to open a second, significantly larger location in the Fox Valley this spring, Yahoo reported on January 23.
Ope! Brewing Co., a dog-friendly brewery based in West Allis, announced plans to open a new Appleton location on a 2.5-acre site at the former Car City dealership at 1932 W. College Ave.
The expansion comes as the brewery continues to experience rapid growth since launching in 2022. The Appleton facility will span approximately 23,000 square feet across four buildings and feature two taprooms.
Plans for the site include two sand volleyball courts, four outdoor pickleball courts, indoor and outdoor live-music stages, a designated food truck area, and expansive outdoor seating.
The new location will also include a pilot brewhouse for developing new beer recipes, along with additional equipment for cider production.
Both taprooms will feature a total of 12 roll-up garage doors designed to create an open indoor-outdoor environment during warmer months.
As with the West Allis location, all areas of the Appleton brewery will be dog-friendly.
Ope! Brewing Co. is operated by co-owners John Onopa and Kyle Ciske. The original West Allis brewery has become known for its rotating food trucks, sand volleyball leagues, cornhole leagues and pet-friendly atmosphere —
...More info on site
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USA, TN: Jackalope Brewing Company announces acquisition of Black Abbey Brewing Company
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Jackalope Brewing Company announced on January 22 the acquisition of Black Abbey Brewing Company, uniting two longtime friends and respected voices in Tennessee craft beer as Jackalope continues its next phase of thoughtful expansion.
The acquisition formalizes a relationship that has existed for more than a decade—built on shared values, mutual respect, and a deep connection to Nashville's beer community. Black Abbey's distinct brewing identity and well-loved beers will continue under Jackalope's ownership, supported by increased production capability, broader distribution reach, and a growing platform for long-term brand development.
"This isn't a transaction between strangers," said Steve Barone, CEO/Owner of Jackalope Brewing Company. "Jackalope and Black Abbey grew up together in this market. Our soul comes from Nashville and the community that supported us from the beginning. This next chapter reflects a very intentional approach—growing alongside brands that share our standards, our values, and our commitment to this city."
Founded in 2013, Black Abbey has earned a loyal following for its thoughtful, European-inspired beers and its strong sense of place within the Middle Tennessee beer community. Under Jackalope's stewardship, Black Abbey's beers will continue to be brewed with the same care and intention that defined the brand from the start—now backed
...More info on site
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USA, CA: Laughing Monk Brewing to open its fifth location in Campbell
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A new watering hole is moving into The Pruneyard six months after Rock Bottom Brewery closed, San Jose Spotlight reported on January 22.
Laughing Monk Brewing will open its fifth location in Campbell, where Rock Bottom Brewery was housed for 30 years. Unlike its national chain predecessor, Laughing Monk is a local brewery with four locations in the Bay Area — Sunnyvale, Scotts Valley and two in San Francisco, one being a separate taproom. The brewery is known for its variety of craft beers and drinks, as well as its welcoming ambiance.
A spokesperson for Regency Centers, which owns The Pruneyard, confirmed a deal has been signed with the brewmaster. They could not say when the brewery will open.
The owner of Laughing Monk Brewing did not respond to requests for comment.
Campbell Economic Development Manager Nathan Donato-Weinstein said Laughing Monk will be a good addition to the retail center, citing its history in the Bay Area and diverse menu.
“They have been really successful in other communities with both a really strong craft beer program and food, and they’ve created these social spaces that draw a wide variety of people and families,” Donato-Weinstein told San José Spotlight. “That kind of offering fits really well
...More info on site
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USA, MN: Hoops Brewing to close its doors on February 23
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After over a decade in business, Hoops Brewing announced it will be closing its doors. The Canal Park Duluth brewer’s last pour will be February 23, WDIO reported on January 22.
In a video posted to Facebook, owner Dave Hoops said, “This place has been bigger than beer. It’s been community, neighbors, friendship, and it’s been home.”
Dave thanked his wife, Laura, and general manager, Jen, for making Hoops Brewing into what it is today.
“I have deep gratitude to our patrons and everyone who came and hung out,” Dave said. “So I want to invite you to please enjoy the next month of Hoops.”
The announcement did not say why it is closing.
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World: Barley production forecast up 0.8 mln tonnes to 154.6 mln tonnes
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In wrapping up the crop’25 production cycle, a few minor adjustments increased the world barley production forecast to 154.6 mln tonnes, +0.8 mln from
...More info on site
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EU-27 & UK: Final barley crop 2025 estimated at 63 mln tonnes
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Colder temperatures are forecast for much of Europe, especially for central/eastern Europe, and this will be important to watch in terms of winter crop
...More info on site
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Australia: Australia expected to see its largest barley crop on record in 2025-26
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Australia is expected to see its largest barley crop and second-largest wheat crop on record in 2025-26, despite seasonal conditions that are far from
...More info on site
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India: United Spirits sees sharp rise in profitability in the third quarter of FY26
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United Spirits Ltd., one of India’s leading beverage alcohol companies and the Indian arm of Diageo, has reported a sharp rise in profitability for the third quarter of FY26, supported by premiumisation and steady demand for higher-end brands, Food Business reported on January 22.
The company posted a 24.7% increase in profit after tax (PAT) to Rs 529 crore (US$63.7 million), delivering year-on-year growth of 11.8% and a net profit margin of 14.4%.
During the quarter, gross profit rose 12.3%, while the gross margin expanded to 46.2%, an increase of 219 basis points compared with the same period last year. United Spirits said the improvement was driven by “premiumisation-led mix enhancement, ongoing productivity initiatives and the flow-through of prior-year pricing actions”.
Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 618 crore (US$74.5 million), up 5.1% year on year. The EBITDA margin came in at 16.8%, contracting by 35 basis points, largely due to higher advertising and promotion spending.
Net Sales Value (NSV) for Diageo India reached Rs 3,694 crore (US$445.3 million), representing a 7.6% year-on-year increase. The company said this was driven by strong performance in the top end of its portfolio, although growth was partly offset by “the
...More info on site
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China & Hong Kong: China’s Henan Kingstar Brewery files for IPO on Hong Kong Stock Exchange
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China’s Henan Kingstar Brewery Co. Ltd has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange, potentially bringing the city its first new beer listing since 2019 when Budweiser Brewing Co. APAC was listed. For Kingstar, a successful IPO would cap a dramatic operational turnaround driven largely by its aggressive pivot into craft beer, at a time when China’s broader beer market has plateaued, Asia Brewers Network reported.
Founded in 1982, Henan Kingstar Brewery built its business as a regional brewer in Henan province, relying on local distribution strength and cost efficiency rather than premium branding. Like many provincial brewers, it faced mounting pressure as China’s beer industry consolidated around a small number of national champions. With volume growth flattening across the sector, management was forced to rethink its product strategy and refocused on the fast-growing craft beer sector.
According to third-party data cited in Kingstar’s listing document, the country’s craft beer market expanded from approximately CNY12 billion (US$1.72 billion) in 2019 to CNY63 billion in 2024, representing compound annual growth of more than 35%. Kingstar has been successful in taking advantage of that demand surge by launching numerous craft beer lines in recent years.
In August 2024, the
...More info on site
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Argentina: Non-alcoholic beer begins to consolidate itself as one of the most dynamic segments within beer market
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While the segment of non-alcoholic beer still represents a small portion of the total market in the world, its rapid expansion has reached approximately 1.3% of the total volume, with significant growth potential compared to markets like Canada or the United States, where the market share is already approaching double digits, FreshlyBottled.com reported on January 15.
In Argentina, non-alcoholic beer has begun to consolidate itself as one of the most dynamic segments within the national beer market. Driven by cultural changes and strong investment from large companies, this category shows growth rates that far exceed those of traditional beer and aligns with a global trend.
Quilmes Brewery and Malting Company, one of the leading companies in the local market, highlighted that the growth is due to a shift in consumption patterns, as the non-alcoholic beer segment is growing at a rate of nearly 60% annually. According to an internal company survey, six out of ten Argentinians who drink beer have already tried a non-alcoholic version, a figure that underscores the rapid growth of this segment. Quilmes, a pioneer in the local development of non-alcoholic beers, now offers alternatives such as Quilmes 0.0, Stella Artois Non-Alcoholic, and Corona Cero, supported by production investments
...More info on site
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Colombia: Government raises VAT on distilled beverages
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Consumers of distilled alcoholic beverages in Colombia have faced a significant price change since January for products such as whiskey, aguardiente, rum, and brandy, FreshlyBottled.com reported on January 22.
This is because the VAT on these beverages will increase from 5 % to 19 %, as part of the fiscal measures included in the economic emergency decree.
In addition to the VAT increase, these products are subject to the consumption tax, which has also been adjusted and includes an additional component per bottle, raising the final cost to the consumer.
With the combination of the new 19 % VAT and the existing consumption tax, the price of some liquors will rise significantly in 2026, it is reported.
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