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E-Malt.com Newsletter 36a
September 01 - September 03, 2025
Quote of the Week
Other people's successes are good news - for them and for you. Good for you because they show you a way to go.
Steve Wynn
Currency Rates
Base Currency: US Dollar
on September 03, 2025 |
Base Currency: Canadian Dollar
on September 03, 2025 |
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1 USD = 0.8576 EUR
1 USD = 0.7444 GBP
1 USD = 1.3773 CAD
1 USD = 1.5329 AUD
1 USD = 148.1950 JPY
1 USD = 5.4530 BRL
1 USD = 80.5532 RUB
1 USD = 7.1376 CNY
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1 CAD = 0.7259 USD
1 CAD = 0.5404 GBP
1 CAD = 0.6225 EUR
1 CAD = 1.1128 AUD
1 CAD = 107.5790 JPY
1 CAD = 3.9585 BRL
1 CAD = 58.4762 RUB
1 CAD = 5.1814 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Beer remains Canada’s top selling alcoholic beverage category in 2023/24
...Click here
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USA: Constellation Brands cuts outlook on weak beer demand
...Click here
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USA, WA: Washington hop crop ‘in a good spot’ this year
...Click here
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Canada, ON: Ontario premier vows to ‘hurt’ Diageo sales over plant closure plan
...Click here
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USA, WA: Outer Planet Brewing to close permanently on September 20
...Click here
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Australia: Barley, wheat, canola crop forecasts up from initial estimates
...Click here
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UK: AB InBev’s UK division accumulates losses approaching Ł200m
...Click here
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Australia: Asahi to soon buy barley from growers with data on gain's sustainability
...Click here
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India: United Breweries commences production of Kingfisher beer in Adhra Pradesh
...Click here
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Japan: Suntory CEO resigns after possible purchase of illegal supplements
...Click here
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Russia: AB InBev and Anadolu Efes Russian JV renamed by Moscow-appointed management
...Click here
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Latvia: Leading brewers Valmiermuižas Alus and Cēsu Alus to join forces
...Click here
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Graph of the Week
Table of the Week
Black Sea Barley Supply & Demand Balance
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 September
1905 - Alberta & Saskatchewan become 8th & 9th Canadian provinces
1923 - 7.9 earthquake strikes Tokyo & Yokohama, kills 142,000
1962 - UN announces Earth population has hit 3 billion
02 September
1930 - 1st non-stop airplane flight from Europe to US (37 hrs)
1941 - Film Academy copyrights Oscar statuette
1987 - Philips introduces CD-video
03 September
1778 - City Amsterdam signs trade agreement with U.S. rebels
1935 - 1st automobile to exceed 300 mph, Sir Malcolm Campbell (301.337 mph)
1967 - Sweden begins driving on right-hand side of road
Agenda
September 2025:
02 - 06: Copa Cervezas de America 2025 (Valdivia, Chile)
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:
07 - 08: RMI Asia Pacific Regional Summit 2025 (Perth, Australia)
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
16 - 17: Salon du Brasseur 2025 (Parc Expo Nancy, France)
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)
15 - 18: The International Beer Cup 2025 (Osaka, Japan)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
February 2026:
05 - 06: Glug Swiss 2026 (Alte Reithalle, Aarau, Switzerland)
13 - 16: HoReCa 2026 (Athens, Greece)
15 - 17: BBTech Expo 2026 (Rimini, Italy)
27 - 01 March: Finest Spirits 2026 (Munich, Germany)
March 2026:
04 - 07: Festival Brasileiro da Cerveja 2026 (Blumenau, Brazil)
18 - 19: BeerX 2026 (Liverpool, UK)
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22 May: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (Edinburgh, UK)
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
News Articles
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Canada: Beer remains Canada’s top selling alcoholic beverage category in 2023/24
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Many Canadians have embraced buying domestically-made products in recent months. Canadians are already plenty patriotic when it comes to buying beer, with domestic brew
...More info on site
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USA: Constellation Brands cuts outlook on weak beer demand
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Constellation Brands cut its fiscal-year outlook as widespread consumer weakness, including among its core Hispanic demographic, continued to weigh on demand, MSN reported on
...More info on site
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USA, WA: Washington hop crop ‘in a good spot’ this year
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Washington hop leaders say this year’s crop is “in a good spot” as harvest gets underway, Capital Press reported on August 29.
The
...More info on site
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Canada, ON: Ontario premier vows to ‘hurt’ Diageo sales over plant closure plan
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The premier of Ontario on September 2 said he would "hurt" Diageo after the world's largest spirits maker announced plans to close a facility in Canada's most populous province, which buys the company's products to sell in its liquor stores, Reuters reported.
Diageo said last week that it would shut its Crown Royal whisky bottling plant in Ontario by February 2026, as part of efforts to improve its North American supply chain.
"You guys are about as dumb as a bag of hammers for doing this," said Premier Doug Ford, noting that the Liquor Control Board of Ontario bought C$740 million($540 million) worth of Diageo products a year. He said 180 jobs would be lost in the plant closure.
"A message to the CEO ... you hurt my people, I'm going to hurt you. You're going to feel the pain in February," Ford told a press conference and proceeded to pour a large bottle of Crown Royal onto the ground.
"I think everyone else should do the same thing. Start supporting companies that make whisky here," he said.
Ford, a famously combative politician, led his Progressive Conservatives to victory in 2018 and easily won reelection in 2022. In March, the LCBO banned sales of U.S.
...More info on site
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USA, WA: Outer Planet Brewing to close permanently on September 20
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Outer Planet Brewing, the smallest operating craft brewery on Capitol Hill, Seattle, announced on August 28 that it will close permanently on September 20, The Stranger reported.
The dog-friendly, family-friendly taproom celebrated its 10th anniversary in February, a rare milestone for any small business these days, and is a member of the Washington Brewers Guild and the Brewers Association. Located just a stone’s throw from Cal Anderson, the pint-sized, European-inspired brewery was known for its out-of-the-ordinary small-batch brews, such as fruited sours and Belgian-style beers.
“Attempts to find new ownership since the brewery’s 10th anniversary in February have been unsuccessful, and the end of the month will mark the final chapter for Outer Planet,” the owners said in a press release.
In February, the nanobrewery chose not to renew its lease on 12th Avenue. At the time, co-owners Gabriel Villenave, Renato Martins, and Jeff Linse told Capitol Hill Seattle that the business never fully recovered from the financial impact of the pandemic, and cited declining traffic, increased rent, and the responsibilities of their personal lives and day jobs as additional factors contributing to the decision to move. “It’s been an incredible journey, no matter what, zero regrets,” Martins told the Capitol Hill Seattle.
...More info on site
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Australia: Barley, wheat, canola crop forecasts up from initial estimates
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Australia is forecast to product 33.7 million tonnes (Mt) of wheat, 14.5Mt of barley and 6.4Mt of canola, according to estimates released today in
...More info on site
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UK: AB InBev’s UK division accumulates losses approaching Ł200m
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The UK division of AB InBev, the brewing behemoth responsible for brands including Budweiser, Stella Artois and Corona, has now accumulated losses approaching Ł200m
...More info on site
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Australia: Asahi to soon buy barley from growers with data on gain's sustainability
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Australia's largest beer business will soon buy barley from farmers who have gathered data about how sustainably their grain was produced, ABC.net reported on September 3.
A group of grain growers from northern New South Wales has agreed to provide Japanese-owned Asahi with information relating to 21 environment, social and governance (ESG) metrics about how the crop, currently in the ground, was produced and harvested.
The reporting is expected to include verifiable data relating to farm emissions, crop rotations, area or protected habitat, local spend and compliance with modern slavery regulations.
Regional head of procurement at Asahi, David Engel said shareholders, consumers and customers were seeking more information about how their drinks were produced.
"This will be the first time growers are actually measuring on-farm metrics to this level and actually able to report on what's happening, so we're really excited about what we'll learn," Mr Engel said.
"I'm sure we'll learn things that that we didn't expect, and we'll have to course correct and pivot on what we need to focus on, but that's the beauty of learning."
Australian farmers are forecast to harvest close to 55 million tonnes of winter crop this year.
Moree farmer Stuart Tighe said the growers would produce malting barley for
...More info on site
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India: United Breweries commences production of Kingfisher beer in Adhra Pradesh
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United Breweries Limited (UBL), part of the HEINEKEN Company, has commenced production of its flagship brand Kingfisher at the recently leased Ilios Brewery in East Godavari, Andhra Pradesh, The Hindu Business Line reported on September 1.
Ilios Brewery has a monthly capacity of up to 4.5 lakh cases of beer, complementing the 12-lakh case capacity of the Srikakulam brewery to meet the region’s growing demand for high-quality beer.
Vivek Gupta, MD & CEO, United Breweries said “The commencement of production at Ilios Brewery reiterates our commitment to sustainable growth in Andhra Pradesh. By localizing production, strengthening our supply chain and creating long-term value for the local ecosystem, we are well positioned to meet rising consumer demand. We will ensure Kingfisher lovers are consistently well served. We remain committed to boosting State revenue, fostering sustainable growth and accelerating industrial momentum.”
The company shared that Ilios Brewery supports over 500 livelihoods through direct and indirect employment, which also includes generating opportunities across ancillary industries such as packaging, logistics and distribution.
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Japan: Suntory CEO resigns after possible purchase of illegal supplements
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Suntory Holdings chairman and CEO Takeshi Niinami has resigned following allegations he purchased supplements containing illegal substances, the company confirmed on September 2.
Niinami, 66, one of Japan’s most prominent and outspoken business leaders, said he believed the supplements he bought were legal. He has often served as the face of corporate Japan and frequently appeared on CNN.
Investigators had previously searched Niinami’s Tokyo home on suspicion he had received products containing cannabis-derived substances from an acquaintance overseas, according to public broadcaster NHK, citing investigative officials.
Police believe the items may have contained THC and are examining whether Niinami knew the substance is strictly regulated in Japan.
Niinami had informed colleagues on August 22 that he was under police investigation, Suntory President Nobuhiro Torii and Vice President Kenji Yamada told a press conference on September 2. On September 1, Niinami offered to step down, citing personal reasons. The company accepted his resignation effective that same day.
Niinami had told the company that the investigation concerned supplements he had purchased under the assumption they were legal, according to Torii.
CNN has reached out to Suntory and the Fukuoka Prefectural Police for comment.
Suntory is one of Japan’s most recognizable drinks brands, selling beer, whisky, sports and energy drinks.
...More info on site
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Russia: AB InBev and Anadolu Efes Russian JV renamed by Moscow-appointed management
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The Russian joint venture between AB InBev and Anadolu Efes of Turkey has changed its name and logo following a decision by Moscow-appointed management, belganewsagency.eu reported on September 2.
According to Anadolu Efes, this does not affect the company's ownership structure or legal status, and it has been under temporary state control since December 2023.
According to the Russian news agency TASS, the new name, Napitki Vmeste ('Drinks Together'), is intended to reflect 'deep integration into the Russian economy'. The management team has confirmed that operations and obligations to the state, partners, and employees will continue unaffected.
AB InBev, which holds a 50 per cent non-controlling stake in the venture, has been trying to exit the Russian market since the invasion of Ukraine. However, two attempts to transfer its share to Anadolu Efes have been blocked by Russian authorities. The brewer also owns just under a quarter of Anadolu Efes itself.
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Latvia: Leading brewers Valmiermuižas Alus and Cēsu Alus to join forces
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Two of the leading breweries in Latvia's northern Vidzeme region are to join forces, LSM reported on September 2.
In order to continue developing, craft brewery SIA Valmiermuižas Alus will join forces with the larger AS Cēsu Alus, the company said. Cēsu Alus is in turn owned by major Finnish brewer Olvi which also owns breweries in Estonia and Lithuania.
Valmiermuižas Alus founder and majority owner Aigars Ruņģis explained that although the company's performance is good, in the long term, development is possible only together with a larger beer producer.
"Although this is the best year in history for Valmiermuiža beer, we are also aware that we operate in a business environment that is unfriendly to small and independent brewers in Europe, as a result of which Latvia ranked last in the European Union in terms of beer production volume last year. This significantly hinders the ability of Latvian brewers to grow, invest and compete on a European scale," Ruņģis said.
He has previously criticized Latvia's regulation of independent brewers, stating that it is almost impossible for them to develop.
The claim that Latvia ranked last in the EU in beer production (among countries for which data are available) is supported by the most recent
...More info on site
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