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E-Malt.com Newsletter 17b
April 25 - April 28, 2013
Quote of the Week
"There is nothing in the world like the first taste of beer."
John Steinbeck
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Currency Rates
Base Currency: US Dollar
on April 26, 2013 |
Base Currency: Canadian Dollar
on April 26, 2013 |
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1 USD = 0.7673 EUR
1 USD = 0.6505 GBP
1 USD = 1.0227 CAD
1 USD = 0.9705 AUD
1 USD = 99.3425 JPY
1 USD = 2.0133 BRL
1 USD = 31.3124 RUB
1 USD = 6.2298 CNY
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1 CAD = 0.9780 USD
1 CAD = 0.6362 GBP
1 CAD = 0.7504 EUR
1 CAD = 0.9492 AUD
1 CAD = 97.1574 JPY
1 CAD = 1.9690 BRL
1 CAD = 30.6237 RUB
1 CAD = 6.0928 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Belgium & Mexico & USA: Grupo Modelo mergers effective, AB InBev to launch tender offer in coming days
...Click here
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Australia & USA: GrainCorp conditionally accepts sweetened A$2.8 bln bid by ADM
...Click here
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USA, MA: Beer sales in Massachusetts grew by 2.2% in 2012
...Click here
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Canada, QC: Les Brasseurs RJ takes full ownership of McAuslan Brewing
...Click here
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USA, IN: Upland Brewing Company opens Carmel Tap House
...Click here
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USA & Puerto Rico: Stone Brewing Co. to distribute its beers in Puerto Rico
...Click here
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Canada, ON: Amsterdam Brewery and Great Lakes Brewery to release collaborative beer at LCBO
...Click here
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USA, TX: Martin House Brewery to release “breakfast beer”
...Click here
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Canada, ON: Gananoque Brewing launches Remarkable Light Beer
...Click here
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USA, CA: Coachella Valley Brewing Company to launch Big Cat Brew
...Click here
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EU: Latest malt output data show different capacity use in EU nations
...Click here
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Belgium & Vietnam: AB InBev to construct a brewery in Vietnam
...Click here
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India & the Netherlands: United Breweries inks 1 mln pounds loan agreement with Heineken
...Click here
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UK: Barley exports double in February, imports remain strong as well
...Click here
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Ukraine: Carlsberg Ukraine to increase beer and beverage production this year
...Click here
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Kazakhstan: Barley area may be 1.6 mln ha this year
...Click here
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Malaysia & China: Carlsberg Brewery Malaysia Managing Director to become CEO of Carlsberg Greater China
...Click here
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Pakistan: Murree Brewery announces earnings results for quarter to March, 31
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
How to efficiently dry hop?
ABSTRACT
A work presented at the Young Scientist Symposium was looking into the different
methodologies of dry hopping in the US. In comparing different methods these researchers found that dry hopping with pellets (compared to cone hops) yielded in a better aroma extraction but also higher polyphenol values. It was also found that stirring increases the aroma extraction compared to static dry hopping (even with very long contact time). The concentration of selected marker compounds, as linalool or geraniol, did not increase further after approximately 6hrs. So dry hopping can perhaps be accomplished much faster than generally believed?
Read more
Source: Barth Innovations
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These Days in Business History
April 25
1905 World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities - the biggest failure of a brokerage yet on record
1955 Columbia U scientists develop an atomic clock accurate to within one second in 300 years
April 26
1755 1st Russian university opens (Moscow)
1887 Huntsville Electric Co forms to sell electricity
1904 Bell Telephone Company of Antwerp Belgium forms
April 27
1914 W. H. Carrier patents air conditioner
1925 Netherlands and Great Britain return to gold standard
2005 Airbus A380 makes its first flight from Toulouse, France
April 28
1686 1st volume of Isaac Newton's "Principia" published
1989 Argentina, hit by rocketing inflation, runs out of money
2001 Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
Agenda
April 2013:
18-20: Pivovar (Brewer) 2013 (Moscow, Russia)
24: International Brewing Awards Ceremony 2013 (London, UK)
26-27: Salon du Brasseur (Saint-Nicolas-de-Port, France)
27-28: Zythos Beer Festival 2013 (Leuven, Belgium)
May 2013:
16-01 June: The Czech Beer Festival 2013 (Prague, the Czech Republic)
22-25: Pivo (Beer) 2013 (Sochi, Russia)
23-25: Copenhagen Beer Festival 2013 (Copenhagen, Denmark)
24-26: The Annual International Beer Festival Latviabeerfest 2013 (Riga, Latvia)
26-30: European Brewery Convention 2013 (Luxembourg)
29-02 June: Mondial de la Biere (Montreal, Canada)
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
16-20: Drinktec 2013 (Munich, Germany)
21-06 October: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30-01 November: The Latin American Barley Congress(Bahia Blanca, Argentina)
More events are available on site www.e-malt.com
News Articles
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Belgium & Mexico & USA: Grupo Modelo mergers effective, AB InBev to launch tender offer in coming days
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Anheuser-Busch InBev on April, 25 announced the completion of the mergers of Diblo, S.A. de C.V. and Dirección de Fábricas, S.A. de C.V. with
...More info on site
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Canada: Barley acreage to decline 2.2% this year
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According to Statistics Canada March planting intentions report, the nation’s barley planted area may decline by 2.2% this year – to 7.24 mln acres
...More info on site
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Australia & USA: GrainCorp conditionally accepts sweetened A$2.8 bln bid by ADM
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GrainCorp, Australia’s largest independent grains handler, has conditionally accepted a sweetened A$2.8 billion bid by US food giant Archer-Daniels-Midland, Business Day reported on April,
...More info on site
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USA, MA: Beer sales in Massachusetts grew by 2.2% in 2012
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Craft beer sales in the Bay State continued to climb in 2012, according to new data from the Beer Distributors of Massachusetts, a trade association advocating on behalf of family-owned wholesalers, brewbound.com reported on April, 24.
Beer sales to Massachusetts distributors totalled 4,169,941 barrels for the 12-month period ending December 31, 2012.
In 2012, craft breweries sold 66,565 new barrels in Massachusetts, a 12.3 percent uptick from 2011. Specialty import offerings were up too, with the addition of 7,740 new barrels, a 23.37 percent increase from 2011.
Much of that growth is coming from large craft brands like Boston Beer Company, Harpoon Brewery, Shipyard Brewing and Sierra Nevada. Collectively, those four companies sold 30,519 new barrels of craft beer in Massachusetts during 2012.
Total beer sales in Massachusetts grew by 2.2 percent, or 90,757 barrels, in 2012. Craft and specialty beers now comprise nearly 15.5 percent of total beer sales in the Commonwealth.
Brian Murphy, the director of sales and marketing for Massachusetts Beverage Alliance (MBA), said he anticipates additional growth in the craft segment in 2013. MBA, which launched in September of 2011, is a statewide network of wholesalers that distributes 14 different craft brands. The company recently signed distribution agreements with four
...More info on site
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Canada, QC: Les Brasseurs RJ takes full ownership of McAuslan Brewing
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Montreal breweries Les Brasseurs RJ and McAuslan Brewing have jointly announced on April, 23 that the former company has taken full ownership of the latter, in a deal that will see McAuslan founders Peter McAuslan and Ellen Bounsall leaving the company.
The partnership between the two companies extends back to 2008, when RJ purchased a 46% share in McAuslan from Moosehead Breweries. With this new transaction, RJ is purchasing all remaining shares from majority shareholders McAuslan and Bounsall, adding McAuslan to a portfolio that also includes Belle Gueule, Le Cheval Blanc and other brands.
In a statement, Peter McAuslan says on behalf of Bounsall and himself that the sale is “a bittersweet moment for us both. We were pioneers in the craft brewing business in North America. We set out to make interesting beers for consumers, and change the world of brewing. We have achieved both of these goals.”
In a simultaneous statement from RJ, the new parent company indicates that the deal “will not in any way change the way the two entities operate. What’s more, they will both continue to function in an independent manner, and their respective beers will still maintain their unique brand identities. The facilities and employees of
...More info on site
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USA, OH: Fifty West Brewing to expand
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Fifty West Brewing Co. in Columbia Township plans to double its beer brewing capacity to support demand after opening nearly five months ago, cincinnati.com reported on April, 24.
Bobby Slattery, one of the three partners in the business, said the company is in the process of ordering tanks and expects the equipment to be installed and the larger capacity to be in place by late summer.
Slattery estimated the brewery’s production capacity could rise to about 1,000 barrels a year from its current level, which is about 500 barrels a year. He said it’s a good situation to be in to have people supporting the products.
“It’s not an issue of being able to find people that like your beer, it’s about being able to make enough beer to keep up with demand,” Slattery said.
Blake Horsburgh and Whit Hesser are Slattery’s partners in the brewery.
The establishment opened on November, 27.
Initially, the brewery had as many as 46 outside distribution accounts, but eventually demand outpaced the production capacity and the partners decided to end shipments to external customers, Slattery said.
With the expansion, he said the brewery could resume limited self-distribution to bars.
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USA, IN: Upland Brewing Company opens Carmel Tap House
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Upland Brewing Company announced the grand opening of its Carmel Tap House on April, 27.
Similar to the original Bloomington Brewpub, the Tap House features a full line-up of Upland’s craft beers.
“With each location we stumble into, we just tap some kegs and hope for the best,” said Upland President Doug Dayhoff. “If all goes well, the Tap House will convert more people on the north side to drinking high quality craft beers from local brewers, versus light beers from big corporations.”
Upland brews over thirty ales, lagers, and sour beers that are distributed throughout Indiana and in parts of Kentucky, Ohio, and Wisconsin.
Other Upland locations include the Indy Tasting Room, the Bloomington Brewpub and the Bloomington Brewery and Tasting Room.
Upland Brewing Company, Inc. is a Bloomington, Indiana-based brewery established in 1998 that specializes in handcrafted ales and lagers.
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USA & Puerto Rico: Stone Brewing Co. to distribute its beers in Puerto Rico
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Stone Brewing Co. announced on April, 24 that beginning May, 13, the San Diego, California brewing company’s beers will be available in bars, restaurants and retailers in Puerto Rico for the very first time.
Known for its flavorful and hop-centric ales, Stone will distribute its bold beers throughout the Isle of Enchantment via Craft Beer Distributors Puerto Rico. To celebrate, Stone will host meet-and-greet beer tastings, a food-and-beer pairing event and flight samplers of Stone beers at bars and restaurants in select Puerto Rico cities May, 14 through May, 17.
“After taking a recent trip to Puerto Rico, I found interest in craft beer was far greater than what I expected,” said Stone Senior Vice President of Sales Arlan Arnsten. “Retailers, restaurants and bars are devoting space to craft beer, and people are eager to taste and learn more about these special brews. We had been interested in entering the Puerto Rico market for some time but needed a distributor that understood the importance of promoting artisanal craft beer. We selected Craft Beer Distributors Puerto Rico because they are passionate and diligent about spreading awareness for craft beer throughout the island. They are a perfect partner for our joint goal to
...More info on site
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Canada, ON: Amsterdam Brewery and Great Lakes Brewery to release collaborative beer at LCBO
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Amsterdam Brewery and Great Lakes Brewery announced on April, 24 that they will be releasing their collaborative beer Maverick & Gose at the LCBO, the first time that a collaboration from two Ontario breweries will be available via the province’s retail liquor chain.
The beer was developed in early 2012 by brewers Iain Mcoustra of Amsterdam and Mike Lackey of Great Lakes, and originally was available in limited quantities at several events last summer.
Maverick & Gose is a Leipziger Gose Beer that has been aged in Ontario Chardonnay barrels for 4 months prior to packaging.
Maverick & Gose will be available at select LCBOs and the Amsterdam retail store starting April 29, retailing for C $6.95 per 500 ml bottle.
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USA, TX: Martin House Brewery to release “breakfast beer”
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The folks behind Fort Worth's newest craft brewery, Martin House Brewing Company, are aware that describing their new grain ale as a "breakfast beer" might cause a stir. But, that's a risk they've weighed against confidence that their small but steadily growing audience will appreciate the tongue-in-cheek labelling, Pegasus News reported on April, 24.
During a special tasting, Martin House poured pints of the yet-unreleased light ale, Daybreak, and while most likely won't wash down their Post Toasties with the so-called breakfast ale, many who tried the brewery's newest offering did note its appropriateness for a hot summer afternoon.
Also joining the line-up is a new saison called River House, another pale, easy-drinking session beer. Both are ready for release on Saturday, April, 27. They join the brewery's extremely memorable, heavy-hitting red ale, the Imperial Texan.
Emphasizing light, summery ales, the brewery is also on the cusp of releasing its first stout, an original recipe created from sourdough pretzels.
"I just put two and two together," brewer Cody Martin said. "Pretzels are made from barley and they have the salty flavor that mixes so well with a sweet beer. We already have people who have tasted it and keep asking for more."
The coming dark
...More info on site
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Canada, ON: Gananoque Brewing launches Remarkable Light Beer
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Gananoque Brewing announced the release of a new beer, Remarkable Light Beer, Canadian Beer News reported on April, 24.
Gananoque Remarkable Light Beer will be released this week, with distribution and availability details to be announced.
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USA, CA: Coachella Valley Brewing Company to launch Big Cat Brew
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The new brewery on the block, Coachella Valley Brewing Company, has teamed up with The Living Desert and will unveil an ale that has a taste as bold as the desert itself, mydesert.com reported on April, 24.
Big Cat Brew is a saison ale brimming with spices, from rosemary to white sage.
The beer will be revealed at The Living Desert’s annual Brew at the Zoo on May, 4.
“We’re trying to create something that has a lot of local background and local character,” said David Humphrey, the brewery’s CEO.
“It’s going to drum up a lot of support for local gardening and local produce if somebody is walking through The Living Desert, drinking a beer, and saying, ‘That was made from that plant right there.’ ”
Brewmaster Chris Anderson paired up with the zoo’s curator of gardens, Kirk Anderson, to utilize the spices grown around the park.
Chris Anderson, who is also the brewery’s chief operating officer, wasn’t sure what spices he was in pursuit for, but after traipsing the grounds for over an hour, he settled on rosemary and white sage.
“I’m not a big guy on muddling,” said Chris Anderson. “One thing I’m a big stickler on, and I always have been, is I
...More info on site
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EU: Latest malt output data show different capacity use in EU nations
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In 2012, Belgium is estimated to have produced a total of 741 thousand tonnes of malt, using 98% of its total malting capacity, an
...More info on site
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Belgium & Vietnam: AB InBev to construct a brewery in Vietnam
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Anheuser-Busch InBev, the world's largest beer maker, plans to join rivals with a push into Vietnam at the end of next year, constructing a
...More info on site
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India & the Netherlands: United Breweries inks 1 mln pounds loan agreement with Heineken
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Vijay Mallya-led United Breweries group has inked a loan agreement for one million pounds with Heineken along with a brewing pact, under which if
...More info on site
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UK: Barley exports double in February, imports remain strong as well
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According to Her Majesty's Revenue and Customs (HMRC) data, the UK barley exports for February were 22.6 thousand tonnes, double the amount shipped in
...More info on site
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Ukraine: Carlsberg Ukraine to increase beer and beverage production this year
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Public joint-stock company Carlsberg Ukraine, one of the largest breweries in Ukraine, expects that in 2013 the company will increase beer and beverage production
...More info on site
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Kazakhstan: Barley area may be 1.6 mln ha this year
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Kazakhstan's farmers have planted about 300,000 hectares (741,300 acres) of wheat so far and may sow a total 13 million hectares of the grain, farm adviser Agritel forecast earlier this week.
Spring planting in the country, which accounts for more than 95 percent of crop area, is just starting, the Paris-based company wrote on its website. Kazakhstan's barley area may be 1.6 million hectares, Agritel predicted.
The country harvested 12.4 million hectares of wheat and 1.6 million hectares of barley last year, with production of 9.84 million tons and 1.5 million tons respectively after drought hurt yields, U.S. Department of Agriculture data show.
In Kazakhstan's three main grain-growing regions of the country, soil-water reserves are improved compared to last year, Agritel said.
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UK: Carlsberg to reduce Tuborg’s alcohol volume
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Carlsberg is looking to bolster the premium positioning of its Tuborg brand in the UK as it cuts the alcohol volume of the drink, Marketing Week reported on April, 5.
The brewer is developing a marketing campaign to convince drinkers the lowering of the abv from 4.6 per cent to 4 per cent will not compromise the taste.
It aims to make the beer brand more “accessible” to younger drinkers, the Danish brewer says, in response to research it conducted which revealed they want a lower-strength premium word beer.
Carlsberg uses music tie-ups and digital marketing to promote Tuborg’s aspirational positioning to younger drinkers, however by cutting the beer’s alcohol volume it hopes to broaden the beer’s appeal among men and women. The move will see the brand go head-to-head with world beers such as Molson Coor’s Corona, which has developed a strong following among casual drinkers through its premium positioning despite being a lower strength beer.
The strategy has been echoed by rival brewers in the past including AB Inbev’s Stella Artois and Diageo’s Guinness as the industry looks to claw back drinkers who have moved to cheaper ciders and rival lower ABV alternatives.
A spokeswoman for Carlsberg says: “We pride ourselves on responding
...More info on site
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Malaysia & China: Carlsberg Brewery Malaysia Managing Director to become CEO of Carlsberg Greater China
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Carlsberg Brewery Malaysia Bhd said Henrik Juel Andersen will assume the role of managing director come July 1, replacing Soren Ravn, 39, who will become CEO of Carlsberg Greater China, The Sun Daily reported.
Carlsberg Malaysia oversees the Malaysia and Singapore operations.
Andersen, 46, is currently regional CEO of Carlsberg IndoChina, a position he has held for five years. He has also held general management positions for Carlsberg in Vietnam, China and Taiwan.
In a statement on April, 24, Carlsberg Malaysia said Ravn and Andersen will be working closely to ensure a smooth transition and handover in Malaysia and Singapore over the next few months.
Meanwhile, Ravn in his new role will oversee China, Hong Kong, Macau and Taiwan, which is a key component of Carlsberg Group's growth platform in Asia.
Comprising 41 breweries, with more than 15,000 employees and around 3 billion litres of annual beer sales, Carlsberg Greater China is one of the largest volume contributors to the Carlsberg group.
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Pakistan: Murree Brewery announces earnings results for quarter to March, 31
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Murree Brewery, Pakistan’s most prominent manufacturer of alcoholic products, has announced its earnings results for the quarter ended March 31, 2013 (3QFY13) and the nine months of the ongoing fiscal year (9MFY13), The Express Tribune reported on April, 25.
The company recorded a profit of Rs175.94 million for the quarter, up an impressive 18% year-on-year (YoY). Its 9MFY13 profit, meanwhile, has registered a staggering 63% increase over the same period of the preceding year. The company has decided not to pay out any dividends with the result.
Murree Brewery has the distinction of being one of the oldest public companies of the subcontinent. Its shares were traded on the Calcutta Stock Exchange as early as 1902, and it is now the oldest continuing industrial enterprise in Pakistan. It ranks among the top 25 performing public listed companies at the Karachi Stock Exchange, according to some accounts.
The company does not advertise its products, and is legally prohibited from exporting them. Nonetheless, it is valuable contributor to the economy, having paid nearly Rs314 million in taxes on profits alone so far this fiscal year, apart from the duties and taxes levied on the sale of its products. That figure is 74% higher than
...More info on site
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