Brazil: Ambev sees 10.9% decline in Q4 net profit as total volumes were slightly down

Brazilian brewer Ambev reported on February 29 a decline of 10.9% in fourth-quarter net profit, missing market forecasts as total volumes were down slightly by 0.1%, dragged down by South ...
Gepubliceerd 29/02/2024 Meer

USA: AB InBev reaches tentative deal with union, Molson Coors strike continues

Top U.S. brewer Anheuser-Busch InBev reached a five-year tentative labor deal with Teamsters that significantly raises pay, improves healthcare and retirement benefits, and provides job security for all 5,000 union ...
Gepubliceerd 29/02/2024 Meer

USA, WI: Wisconsin farmers tapping into malting barley

Jim Pingel has raised four kids on his farm in Chippewa County. He had about 100 head of dairy cattle—40 that he milked up until about 2000. He’s grown corn, ...
Gepubliceerd 29/02/2024 Meer

Chile: Compania Cervecerias Unidas SA reports results for the quarter ended in December

Compania Cervecerias Unidas (CCU) on February 27 reported fourth-quarter earnings of $46.6 million, the Washington Post said. On a per-share basis, the Santiago, Chile-based company said it had net income of ...
Gepubliceerd 28/02/2024 Meer

USA, MA: Boston Beer shares plummet on earnings miss, weak guidance

Shares of The Boston Beer Company, Inc. plummeted 11.16% in aftermarket trading following the release of its fourth quarter financial results, which fell short of Wall Street expectations. The company ...
Gepubliceerd 28/02/2024 Meer

USA: Spirits exports up 8% in 2023

Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Union's suspension of 25% retaliatory tariffs on American ...
Gepubliceerd 28/02/2024 Meer

USA, TN: Common Law Brewing announces permanent closure

Common Law Brewing, a brewery that opened two years ago in Spring Hill, has announced they have closed for business, the Williamson County Source reported on February 28. In a social ...
Gepubliceerd 28/02/2024 Meer

New Zealand: Demand for beer experiences noticeable decline in 2023

In data released on February 27 from Statistics New Zealand on the volume of alcohol available for consumption for the year ending December 2023, it has become apparent that the ...
Gepubliceerd 27/02/2024 Meer

UK: Crisp Malt submits plans for a new malting in Scotland

Plans have been submitted for a new state-of-the-art maltings at Portgordon, the Northern Scot reported on February 27. Portgordon Maltings, part of premium malt manufacturer Crisp Malt, has lodged a planning ...
Gepubliceerd 27/02/2024 Meer

China: Chinese buyers return to market after a long holiday

Chinese buyers have returned to the market after a long holiday, showing firm demand for optional origin barley and Ukrainian corn, with several trades of the grains done recently, trade ...
Gepubliceerd 27/02/2024 Meer