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USA: Boston Beer reports decrease in shipments, net income in Q2 2023
The Boston Beer Company, Inc. reported on July 27 its financial results for its second quarter that ended July 1, 2023. Key results were:
Second Quarter 2023 Summary:
Depletions decreased 3%
Shipments decreased ...
Published 28/07/2023
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North America: Canada barley production forecast reduced due to increasing dryness
North Americas barley crop 2023 has undergone a wide range of weather impacts after a prolonged period of dryness and partially benefitting from mixed levels of rainfall. Crop conditions are ...
Published 28/07/2023
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USA, VA: Coyote Hole Craft Beverages to launch Mineral Brewing in Mineral, VA by mid-September
Coyote Hole Craft Beverages, a renowned player in the hard cider and sangria industry, is thrilled to introduce its newest venture, Mineral Brewing, Investing.com reported on July 28.
This exciting ...
Published 28/07/2023
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UK: Barley area estimated to increase by 5% this year
The UK will harvest less wheat due to more barley and oilseed rape being sown, according to AHDB's latest planting and variety survey, FarmingUK reported on July 27.
The survey, which ...
Published 27/07/2023
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USA: AB InBev to lay off hundreds of staff as sales slump
Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, CNN reported on July 26 citing a ...
Published 27/07/2023
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Canada, BC: Andina Brewing Company confirms permanent closure
Andina Brewing Company closed down in the spring; at the time it was announced as a temporary closure, but one of the owners has confirmed that the business has since ...
Published 27/07/2023
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USA, ID: Berts Brewing Company under construction in Garden City
A new brewery is under construction in Garden City with plans to open this fall, Boise Dev reported on July 26.
Berts Brewing Company is a production and tasting room located ...
Published 27/07/2023
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Argentina: Argentinas government introduces dollar corn exchange campaign
The government of Argentina has included corn in the Export Increase Program that contemplates a differential dollar rate to boost the country's foreign exchange reserves until Aug. 31, a release ...
Published 26/07/2023
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Singapore & Myanmar: Singapore-listed Fraser and Neave to invest $14 mln in another brewery in Myanmar
Singapore-listed Fraser and Neave Limited (F&N) plans to invest 19.2 million Singaporean dollars (US$ 14 million) in Myanmar to build a new brewery through a joint venture with local beverage ...
Published 26/07/2023
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World: Beer market developed in 2022 better than forecast
The international beer market developed better than forecast in 2022. Despite the economic crisis being felt around the world, output rose by 1.3 percent to 1.89 billion hectolitres, the BarthHaas ...
Published 26/07/2023
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