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E-Malt.com Newsletter 23a
June 03 - June 05, 2013
Quote of the Week
"Brewers enjoy working to make beer as much as drinking beer instead of working."
Harold Rudolph
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Currency Rates
Base Currency: US Dollar
on June 05, 2013 |
Base Currency: Canadian Dollar
on June 05, 2013 |
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1 USD = 0.7651 EUR
1 USD = 0.6533 GBP
1 USD = 1.0316 CAD
1 USD = 1.0323 AUD
1 USD = 99.9703 JPY
1 USD = 2.1310 BRL
1 USD = 31.8936 RUB
1 USD = 6.1785 CNY
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1 CAD = 0.9695 USD
1 CAD = 0.6334 GBP
1 CAD = 0.7418 EUR
1 CAD = 1.0008 AUD
1 CAD = 96.9240 JPY
1 CAD = 2.0661 BRL
1 CAD = 30.9217 RUB
1 CAD = 5.9902 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: AB InBev, Constellation Brands seek dismissal of private antitrust lawsuit
...Click here
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Canada, ON: The Forked River Brewing had its opening in London
...Click here
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Canada, AB: Tool Shed Brewing launches three debut beers
...Click here
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Canada, BC: The Four Winds Brewing opened in Delta, Canada
...Click here
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USA, CA: Hangar 24 Brewery launches an anniversary beer
...Click here
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USA, CO: Upslope Brewing Company launches No. 5 Imperial India Pale Ale
...Click here
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USA, OH: Great Lakes Brewing Co launches Silver & Gold India-style pale lager
...Click here
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Canada, ON: Railway City Brewing releases the Witty Traveller
...Click here
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Belgium & Mexico: AB InBev completes combination with Grupo Modelo
...Click here
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Russia: AB InBev forced to close another brewery in Russia
...Click here
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EU: Zero import duties for barley and wheat not to be extended
...Click here
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France: MY 2012/13 almost over with no significant deals for malting barley reported at the moment
...Click here
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UK: Barley production to increase by 1.3 mln tonnes this year
...Click here
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Australia: Coopers Brewery looking for new licence deals and interstate sales to sustain growth
...Click here
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Bulgaria: Fruit beer popularity rises among both men and women
...Click here
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Slovakia: Recent boom in craft beer industry leads to increased interest in beer tourism
...Click here
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Zimbabwe: Delta Corporation waiting for approval of indigenisation plan for three years already
...Click here
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Graph of the Week
Table of the Week
EU-28 Total Barley and Malting Barley Production
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
Advances in hop aroma research - how much do we know today, oral lecture at EBC
2013 Luxembourg
ABSTRACT
Though we have a basic understanding about which components can be attributable to floral, citrus, fruity, spicy, herbal and woody flavours, the very unique aromas of hoppy beers cannot be fully explained. The challenge is to understand aroma interactions, the release of aroma components by yeast, the formation of aroma active thiols and our personal perception of volatiles. So there are enough questions on hop aroma to look well into in the future.
Read more
Source: Barth Innovations
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These Days in Business History
June 3
1748 Amsterdam establishes municipal postal service
1903 Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
June 4
1070 Roquefort cheese created in a cave near Roquefort, France
1875 Pacific Stock Exchange opens
1953 Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so
June 5
1507 England and Netherlands sign trade agreement
1933 Gold standard abolished
5 British population agrees to European Common Market membership
1977 Apple II, the 1st personal computer, goes on sale
Agenda
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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USA: AB InBev, Constellation Brands seek dismissal of private antitrust lawsuit
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Anheuser-Busch InBev NV seeks dismissal of a private antitrust lawsuit alleging its $20 billion acquisition of Grupo Modelo SAB will lead to higher beer prices, while nine customers who filed the lawsuit asked a judge to postpone the deal, Bloomberg reported on June, 4.
Budweiser-maker AB InBev, the world’s largest beer company, agreed as part of the merger for winemaker Constellation Brands Inc. to buy the stake that Modelo holds in their joint U.S. distribution venture for $1.85 billion. AB InBev called the customers’ claims that the deal will allow it to control Constellation and conspire to raise beer prices “outlandish and completely unsupportable.” Constellation also asked a judge to dismiss the lawsuit.
AB InBev made binding commitments in the U.S. Justice Department-supported transaction to turn Constellation into a competing brewer that will produce and control all of Mexico City-based Modelo’s brands in the U.S., including Corona, the country’s biggest import, AB InBev said in filings on June, 3 in federal court in San Francisco.
The antitrust complaint “should be seen for what it is: the latest in a line of shakedown attempts by plaintiff’s counsel premised on baseless assertions of fact,” said Allen Ruby, AB InBev’s attorney.
Attorney Joseph Alioto, representing beer consumers
...More info on site
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USA: Barley plantings progressing at good pace
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Despite the late start to spring planting and heavy rainfall over much of North Dakota starting on May 18, growers in the region have
...More info on site
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USA, NY: Crooked Ladder Brewing Co to open soon
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Crooked Ladder Brewing Co. is expected to have beer ready for customers by the last week of June, riverhead.patch.com reported on June, 1st.
After starting the project in 2010, the owners of the Crooked Ladder Brewing Co. will get to start brewing at their West Main Street location next week.
The brewery received its final permits on May, 31, and the brewer Duffy Griffiths said he plans on having beer ready to drink by the last week of June.
Griffiths, the owner of the Digger's restaurant Steve Wirth, and his brother David Wirth celebrated the final go-ahead on May, 31 afternoon, and Griffiths said he hopes to be brewing on Wednesday.
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USA, OR: Mazama Brewing opened on May, 31
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Mazama Brewing started pulling pints and filling growlers in its new taproom on May, 31, gazettetimes.com reported on May, 31.
“It’s been a long time coming,” said the owner Jeff Tobin, a long-time home brewer who decided to open to the public. “I thought we’d open at least before the beginning of May.”
Mazama Brewing has already sold some kegs to pubs and growler fill stations in Corvallis and Albany, and Tobin said he has five brews ready to pour in his 40-seat taproom.
The first release was an IPA called Hop Eruption in honour of the brewery’s namesake mountain, which arrived up to 5600 B.C.
Also on tap will be Mazama Belgian-Style Blond, Belgian-Style Dubbel, Grand Cru and Saison, all made in the Belgian brewing tradition Tobin favours.
Mazama Brewing Co.’s tasting room will be open from 3 to 9 p.m. Wednesday through Saturday.
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Canada, ON: The Forked River Brewing had its opening in London
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After several months of planning and construction, Forked River Brewing opened its doors to craft beer drinkers in London, Ontario, canadianbeernews.com reported on May, 31.
Founded by London residents and award winning home brewers David Reed, Andrew Peters and Steve Nazarian, Forked River is located in a 3000 square foot brewery and tasting room at approximately 7 kilometres east of downtown London.
Kegs of the brewery’s two flagship brands – Capital Blonde and Riptide Rye - were delivered to local draught accounts on June, 1st, and the first day of public tastings and sales at the brewery will take place on Saturday, June 8th from 11:00 AM to 4:00 PM.
Forked River will also be on hand at a number of beer events throughout the summer.
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USA, FL: New Belgium Brewing expands
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The New Belgium Brewing is set to expand into Florida next month through a number of partners, shankennewsdaily.com reported on June, 5.
The brewer will begin selling its beers across the state on July 29, partnering with Gold Coast Distributing, J.J. Taylor, Florida Distributing, Cone Distributing, Goldring Gulf and Champion Brands (all part of the MillerCoors network), as well as Daytona Beverage (in Anheuser-Busch’s network).
New Belgium will begin by rolling out a number of its core brands—including Fat Tire, Ranger IPA, Sunshine Wheat and Trippel—as well as its Lips of Faith series in 22-ounce bottles next month, followed by 12-ounce bottles and on draft in September.
With the addition of Florida, New Belgium will have a presence in 32 states across the country.
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Canada, AB: Tool Shed Brewing launches three debut beers
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Tool Shed Brewing is still a few weeks away from having beer available for sale, but the names, labels and other details of the three beers the brewery will be launching with have been revealed via Facebook, canadianbeernews.com reported on June, 4.
The first to be announced was Star Cheek IPA, a 6.2% ale.
Next to be unveiled was Red Rage, a 5.6% abv red ale.
Last but not least to be revealed was the 5.2% abv People Skills.
All three Tool Shed beers are expected to be available mid-summer at bars and retail outlets throughout Alberta.
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USA, MN: Excelsior Brewing Company expands
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Having launched with three flagships (XCLR Pale Ale, Big Island Blonde Ale and Bitteschlappe Brown Ale), Excelsior Brewing Company increased its range of choices to include six different beers and keeps expanding. The brewery's post-flagships include Bridge Jumper Strong Pale Ale, Helios Hefeweisen, Sunburn Cherry Wheat on tap, lakeminnetonka.patch.com reported on May, 29.
When asked about the mission of the Excelsior Brewing Company, Ben Flattum, the owner, said that it hasn’t changed since day one: it’s still there “for the guy who wants to sample a nice craft beer."
When asked where can the Brewery’s beer be sampled, Ben Flattum said:
“Anywhere with a tap line.”
These taplines run all the way from Excelsior to just before downtown Minneapolis, offering customers a variety of opportunities to get acquainted with the Brewery’s beers.
Amongst all this success, the Excelsior Brewing Company plans to expand in the fall, says Flattum. Included in this expansion will be doubling the current tank capacity and adding a packaging line.
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Canada, BC: The Four Winds Brewing opened in Delta, Canada
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Just in time to join in the festivities of Vancouver Craft Beer Week, new craft brewery Four Winds Brewing opened its doors in the Vancouver suburb of Delta the last weekend, canadianbeernews.com reported.
Founded by the Mills family, Four Winds Brewery held an open house launch party on June, 1st.
The brewery opened launching three beers – Saison, Pale Ale and IPA – with a Pilsner to follow later. Samples, pints and growlers of beer were available for sale at the event, including an exclusive cask version of the IPA infused with Douglas fir tips.
Four Winds beers will initially be draught-only, and will be available on tap at bars and restaurants in the region, and in growlers at the brewery store. Bottles are planned to be available later this summer.
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USA, CA: Hangar 24 Brewery launches an anniversary beer
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Hangar 24 Brewery has created a Redlands 125th Red Ale beer to celebrate the city’s 125th anniversary The Press - Enterprise reported on June, 1st.
The beer will be in limited release, debuting on June 14 at the brewery tasting room.
It also will be served June 22 at the Redlands Wine and Music Festival and June 29 at the Redlands Food Truck Festival.
The beer will be available only in draught and will be on tap at the Hangar 24 tasting room shortly after June 14.
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USA, CO: Upslope Brewing Company launches No. 5 Imperial India Pale Ale
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Upslope Brewing, brewers of premium ales and lagers, introduces its No. 5, Imperial India Pale Ale, this week, brewbound.com reported on June, 4.
This new addition to Upslope Brewing’s year round offerings is packaged exclusively in Ball Corporation’s 19.2 oz Royal Pint aluminium can and will be available in Colorado liquor stores this week.
“We took our time to develop a unique brewing technique for the Imperial IPA,” said Upslope Brewing founder Matt Cutter.
The new Imperial IPA will be brewed at Upslope Brewing’s original facility located in North Boulder and canned on its Wild Goose canning line. “Since we began brewing beer in 2008, we always wanted to package one of our small batch series beers in a large format package. Now that we have built our second brewery in Boulder we have the ability to expand our year round offerings into the single serve category.”
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USA, OH: Great Lakes Brewing Co launches Silver & Gold India-style pale lager
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Cleveland-based Great Lakes Brewing Co. has introduced Silver & Gold India-style pale lager to celebrate its 25th anniversary, shankennewsdaily.com reported on June, 1.
It will launch on draft and in four-packs across Great Lakes’ distribution footprint starting June 24.
Silver & Gold India-style pale lager follows the brewer’s recent release of Imperial Smoked Porter in collaboration with Bend, Oregon’s Deschutes Brewery to commemorate their shared silver anniversaries.
Great Lakes’ brews are currently available across 13 states and Washington, D.C.
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USA, NY: The Bronx Brewery expands
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After about two years and humble beginnings, the Bronx Brewery is expanding by moving to Bronx, ny1.com reported on May, 31.
"The last spot being in Mott Haven, that was a warehouse for us," said Sean McCain, sales director for the Bronx Brewery. "That was a place for us to set up for distribution. Here, we have a place where we actually are going to be brewing the beer."
The 8,500-square-foot space in Port Morris, complete with a tasting room, beer garden and outdoor dog run will be the first brew house in the borough since the '60s.
Right now, the beer is actually brewed in Connecticut. Bringing everything in house, of course, helps business, and the brewers hope it will also help the Bronx.
The owners are aiming for a fall opening.
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Canada, ON: Railway City Brewing releases the Witty Traveller
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Railway City Brewing has announced details and release plans for its latest seasonal beer, canadianbeernews.com reported on June, 4.
The Witty Traveller is a 4.5% abv spiced wheat beer.
The Witty Traveller will be released this Thursday June 6th, and will be available in bottles at the Railway City retail store, and on draught at select bars and restaurants in Ontario.
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Belgium & Mexico: AB InBev completes combination with Grupo Modelo
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Anheuser-Busch InBev and Grupo Modelo, S.A.B. de C.V. on June, 4 announced that AB InBev has successfully completed its combination with Grupo Modelo in
...More info on site
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Russia: AB InBev forced to close another brewery in Russia
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Beer giant Anheuser-Busch InBev said on June, 4 it is closing a brewery in Russia, blaming high taxes and increased regulation for driving down
...More info on site
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EU: Zero import duties for barley and wheat not to be extended
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The European Union's cereals management committee voted not to extend zero import duties for feed wheat and barley quotas beyond the end of the
...More info on site
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France: MY 2012/13 almost over with no significant deals for malting barley reported at the moment
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Marketing year 2012/13 is drawing to a close without any significant deals in malting barley reported recently, La Depeche said on June, 3.
Malting barley
...More info on site
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UK: Barley production to increase by 1.3 mln tonnes this year
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Compared to wheat, there is a somewhat different picture for barley markets in 2013-14, especially in the UK where the failure of some winter
...More info on site
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Australia: Coopers Brewery looking for new licence deals and interstate sales to sustain growth
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Australia’s Coopers Brewery is looking for new licence deals and interstate sales to sustain the growth it has recorded over the past two decades, News.com.au reported on May, 31.
Coopers managing director Dr Tim Cooper said the company was about to conclude 20 years of continuous growth at an average 9.9 per cent a year.
"It is going to be harder (as the base grows) but we reckon there's still scope to keep growing our volumes," he said.
"We may never reach 10 per cent of the national market, but we certainly think we can get to 7 per cent. It may take us another 10 years but we think we can get there."
Coopers accounts for 4.3 per cent of the total national volume.
"We'd like to expand the portfolio even though there are fewer opportunities because of consolidation in the industry globally," Dr Cooper said.
Expanding on comments made to a Committee for Economic Development of Australia forum, Dr Cooper said that things had to change.
"We at Coopers are lucky in a way that for a company of our size with a turnover approaching A$200 million, we don't employ a lot of people," he said.
"We only employ 130 people here. Most companies with our
...More info on site
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Bulgaria: Fruit beer popularity rises among both men and women
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Fruit beer conquers Bulgaria’s market, studies show. As compared to last year, twice as many people are buying a combination of beer with lemon or grapefruit. Thus, the market share of this type of beverage is now 2%, Bulgarian beer producer Zagorka reported on June, 3.
Most fans of the combination of beer and fruit juice are among women and men aged between 18 and 35, the findings of the producers show. According to their data, this kinds of mixes is consumed primarily at home, with only 29% of sales in restaurants.
Fruit beers are more popular with women (54% of users), but more and more men are also beginning to reach out for them. The trend is that the number of fans of mixes is on the grow Carlsberg Bulgaria confirmed. Not surprisingly, this year almost all manufacturers marketed a "radler" type beverage, the industry commented.
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Slovakia: Recent boom in craft beer industry leads to increased interest in beer tourism
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Slovakia is not on most people’s radar when it comes to the production or consumption of beer. But a recent boom in reviving old breweries and launching small, new local breweries has made it a place of interest for so-called beer tourists, who are eager to travel far and wide to sample new and different flavours, The Slovak Spectator reported on June, 3.
Numerous plans to open new breweries and pubs across the country prove that this trend is on the rise. Thus, in addition to its abundance of wine destinations, Slovakia can add beer to its list of attractions.
“Prospects for development of beer tourism in Slovakia are very good, especially because the tourist is looking for something exceptional,” Ladislav Kovács, the vice-chairman of the Association of Small Independent Breweries of Slovakia and the director of Kaltenecker, a small brewery in Rožňava, is quoted as saying.
He believes that a small brewery can provide exactly this: visitors can taste special, locally brewed beers directly in the brewery while experiencing the atmosphere of the place where the beer is brewed. “He [the beer enthusiast] is walking between tanks [and] production technologies, and is watching and tasting beer directly from the tanks,
...More info on site
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Zimbabwe: Delta Corporation waiting for approval of indigenisation plan for three years already
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Zimbabwe Stock Exchange-listed industrial concern Delta Corporation Limited, an associate of SABMiller, says it is still waiting for a response from government on an indigenisation plan submitted three years ago, the group chief executive was quoted as saying by News Day on June, 5.
The Indigenisation and Economic Empowerment Act requires foreign-owned companies with a net asset value of $500 000 or more to sell a 51% stake to indigenous people.
Speaking at the Imara Capital Investment conference in Harare, Delta CEO Pearson Gowero on Monday, June, 3 said: “We have no clearance, but we comply with the country’s laws. As a business we have submitted an indigenisation plan, as of today our plan has not been signed off since 2010.”
According to the Zimbabwe Stock Exchange (ZSE) as of January 31, 2013, the top three shareholders for Delta were Stanbic Nominees (22.79%), SABMiller Zimbabwe (21.86%) and Rainier incorporated with 15.75% shareholding.
Market watchers say foreign investors would surpass the 51% threshold, as Delta has been a favourite stock for foreign investors on ZSE. Major manufacturing concerns such as cigarette maker British American Tobacco have already partially complied with the empowerment law.
Gowero said the company would continue to engage government regarding the Indigenisation Act.
Turning
...More info on site
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EU: Slovenia becomes member of Brewers of Europe
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The Brewers of Europe has approved the candidature of Slovenia as its 29th member, the association reported on June, 3.
Beer is brewed in every EU country and Slovenia is no exception, with a rich beer brewing heritage that today creates around 10 thousand jobs. With Slovenians consuming around 80 litres per capita, Slovenian breweries brew over 150 million litres of beer each year, approximately a quarter of which is exported.
The Association of Slovene Brewers was welcomed into the European umbrella association for brewers at a meeting of The Brewers of Europe´s General Assembly in Luxembourg.
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