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E-Malt.com Newsletter 25b
June 20 - June 23, 2013
Quote of the Week
The only way to do great work is to love what you do.
If you haven't found it yet, keep looking. Don't settle.
Steve Jobs
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Currency Rates
Base Currency: US Dollar
on June 21, 2013 |
Base Currency: Canadian Dollar
on June 21, 2013 |
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1 USD = 0.7555 EUR
1 USD = 0.6467 GBP
1 USD = 1.0328 CAD
1 USD = 1.0839 AUD
1 USD = 97.3781 JPY
1 USD = 2.2411 BRL
1 USD = 32.7278 RUB
1 USD = 6.1876 CNY
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1 CAD = 0.9685 USD
1 CAD = 0.6263 GBP
1 CAD = 0.7317 EUR
1 CAD = 1.0497 AUD
1 CAD = 94.3066 JPY
1 CAD = 2.1704 BRL
1 CAD = 31.6954 RUB
1 CAD = 5.9925 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Miller Brewing’s plan to terminate licensing agreement with Molson Coors suffers a legal setback
...Click here
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North America: SABMiller expects increasing demand for premium beer to boost its North American business over the next five years
...Click here
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USA: MillerCoors lifts the deed restriction on producing alcohol at the former Olympia Brewery
...Click here
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USA: Big players continue to develop new offerings to meet customer’s preferences
...Click here
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USA, CO: The Fort Collins Brewery releases Wit & Wild
...Click here
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USA, FL: MIA Brewing Company to open in Doral this fall
...Click here
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Canada, NB: Celtic Knot Brewing to open in Riverview New Brunswick
...Click here
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Canada, ON: The Hamilton Brewery to open by the end of the year
...Click here
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USA, CA: The 2013 San Diego International Beer Festival opens its doors today, June, 21
...Click here
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USA, TX: Saint Arnold Brewing Co. starts selling bottles of Bishop’s Barrel No. 3
...Click here
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Canada, YT: Yukon Brewing launches Belgian Gothic Saison
...Click here
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USA, NC: Ship Bottom Brewing is the newest and tiniest brewery in Delco
...Click here
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India: Carlsberg steadily consolidating its position in India
...Click here
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Denmark: Carlsberg rose the most among Copenhagen’s benchmark stocks
...Click here
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Belgium: Trappist brewery production under threat from expansion of a limestone quarry
...Click here
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Chile: CCU shareholders approved $680 mln capital increase
...Click here
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New Zealand: Rangatira buys a 35% stake in Tuatara Brewing
...Click here
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UK: SY Venture – now the highest-yielding winter malting barley for brewing on the HGCA Recommended List
...Click here
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Sri Lanka: Sri Lankans shifting towards drinking beer packed in aluminum cans
...Click here
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Sweden: SABMiller signs cooperation agreement with Kopparberg Brewery
...Click here
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Graph of the Week
Source: USDA, May 2013
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
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The hop flavour database
ABSTRACT
By number, about 450 flavour volatiles in beer are hop derived. In this very ambitous work, M.
Zunkel catalogued all this components according to their origin, flavour thresholds, flavour
description, molecular structure and references. The outcome is an impressive excel list that could be called the hop flavour bible. An excerpt of the database was presented as a poster at the ASBC annual meeting and the entire database will soon be available through the ASBC.
Read more
Source: Barth Innovations
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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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Canada: Miller Brewing’s plan to terminate licensing agreement with Molson Coors suffers a legal setback
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A plan by Miller Brewing Co. to terminate its Canadian licensing agreement with Molson Coors has suffered a legal setback, The Canadian Press reported
...More info on site
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North America: SABMiller expects increasing demand for premium beer to boost its North American business over the next five years
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SABMiller PLC on June, 20 said increasing demand for premium beer will boost its North American business over the next few years, as the
...More info on site
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USA: MillerCoors lifts the deed restriction on producing alcohol at the former Olympia Brewery
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MillerCoors has agreed to lift the deed restriction that prevented alcohol from being produced at the former Olympia Brewery, likely kicking the door open
...More info on site
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USA: Big players continue to develop new offerings to meet customer’s preferences
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Beer sales have been declining for several years for a variety of reasons. The economy, weather patterns, and health awareness have all caused beer
...More info on site
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USA, NY: Grimm Artisanal Ales to open in New York
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Grimm Artisanal Ales announced the release of the first batch of beer called “From the Hip”. Only twenty barrels of this limited edition beer will be made, Beer Pulse reported on June, 18.
Beginning in July 2013, the beers will be available on draft in craft beer bars across New York City as well as a select few outlets in upstate New York including Buffalo, Rochester, Syracuse, Utica, and Albany.
A small portion of the company’s production will be bottled, and will be available in boutique bottle shops across the state.
As New York City’s only brewers specializing in beers inspired by Belgium’s freewheeling brewing traditions, Grimm Artisanal Ales’ approach is to make sophisticated yet inventive ales that push boundaries.
Being a small upstart company, Grimm Artisanal Ales’ business model is based on principles of the shared economy; rather than investing in their own physical space, they brew their beer in other breweries’ facilities, helping them to keep their brewing pipeline full and benefitting both parties. Each recipe is extensively tested in the company’s Brooklyn home, before they travel to their host brewery to and leave the beer to ferment on-site until it is ready to be kegged or bottled.
As nomadic
...More info on site
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USA, CO: The Fort Collins Brewery releases Wit & Wild
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The Fort Collins Brewery introduced a new addition to its limited release Tap Club Series this week: Wit & Wild, Beer Pulse reported on June, 20.
Fort Collins Brewery’s Tap Club series, which consists of a new draught-only beer brewed by a different member of the brew staff every month, is FCB’s way to let its brewers get creative by brewing small, experimental batches of beer.
Tap Club beers are limited in quantity and are available in Fort Collins Brewery’s Tasting Room, Gravity 1020 Modern Tavern, Lincoln Ave Fort Collins, Colorado and a few select local bars and restaurants while supplies last.
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USA, FL: MIA Brewing Company to open in Doral this fall
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MIA Brewing Company's honey wheat beer or IPA known under the brand Most Wanted is hoping all that good word of mouth and multiple tastings will get paid back when the brewery opens to the public in Doral this fall, New Times Miami reported on June, 20.
The company recently changed its name to Mia Brewing after the owners discovered that High Plains Distillery in Kansas makes Most Wanted Vodka, but the new name seems to fit the brand better, according to Piero Rodriquez, brew master for MIA.
"In a way, we're happier because MIA links us to Miami in a much more obvious and fitting way than Most Wanted did." The names of the beers -- such as Crimin Ale and Hops & Robbers -- will stay on.
The space they prepared for the brewery’s opening looks empty now, but Piero assures us that things will start moving fast. The large-scale equipment, capable of turning out 600 gallons of beer every four hours, will arrive in July, and the tap room is slated for an October opening.
"By next year, it's going to be all about breweries here in Miami. We put out a good product, and so does Wynwood Brewing
...More info on site
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Canada, NB: Celtic Knot Brewing to open in Riverview New Brunswick
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The Celtic Knot Brewing is about to open in the town of Riverview, New Brunswick, just south of Moncton, Canadian Beer News reported on June, 20.
Celtic Knot Brewing is being started by veteran home brewer Bruce Barton, who is taking a similar approach to Patrice Godin of Acadie-Broue and operating as a small nanobrewery out of his home. He will be brewing in 90 litre batches that will be released in kegs only, and will initially be available exclusively at Marky’s Laundromat in Moncton.
Celtic Knot will launch with two main brands – Not Joe Average Pale and Hopicide IPA, with one-offs and seasonals planned for the future.
The public debut of Celtic Knot will take place this coming Sunday June, 23rd at 3:00 PM at Marky’s Laundromat, Riverview, New Brunswick.
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Canada, ON: The Hamilton Brewery to open by the end of the year
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After years of depending on other Ontario towns and cities to supply its craft beer needs, Hamilton will soon be home to a small brewery of its own, Canadian Beer News reported on June, 20.
The Hamilton Brewery is being launched by Warren Pyper, a chef and ex-military master corporal with an interest in craft beer that began during a visit to New Zealand.
With the assistance of several family members, Pyper is preparing to install a brew house and retail outlet in a 4200 square foot warehouse in the north end of Hamilton, Ontario, with an aim to start selling three core brands – “an easy-drinkin’ west coast pale ale, a creamy Irish red and a hoppy India pale ale” – and assorted seasonals by the end of 2013.
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USA, CA: The 2013 San Diego International Beer Festival opens its doors today, June, 21
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The 2013 San Diego International Beer Festival takes place from June, 21 to June, 23, in the Del Mar Arena, with many breweries and hundreds of beers, San Diego County Fair reported.
This year participates 407 breweries from all around the world, the largest selection to-date. Participants arrive from across the country and from many nations to sample some of the best beers anywhere.
New this year for the competition, is the crowning of a Champion Brewery in addition to the traditional Best of Show Beer. The Champion Brewery is awarded based on points earned for beers entered in the judging.
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USA, TX: Saint Arnold Brewing Co. starts selling bottles of Bishop’s Barrel No. 3
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Saint Arnold Brewing Co.’s owners will no longer have to leave their brewery to purchase bottles of beer. Thanks to a recently approved package of brewery bills, the Houston brewery will begin selling bottles on the premises, Houston Business Journal reported on June, 18.
The sale follows the June, 14 approval of Texas' legislative package of brewery bills, which allowed craft breweries to sell limited amounts of their beer for on-premise consumption.
The sale at Saint Arnold's location in Houston will be the first time that the brewery has sold beer directly to a consumer.
The new laws raise production limits on Texas brewpubs and allow them to sell beer to wholesale distributors, which will level the playing field with out-of-state brewpubs that were already allowed to sell their beer in Texas.
Saint Arnold brewery tours began on Monday, June 17th.
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Canada, YT: Yukon Brewing launches Belgian Gothic Saison
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Yukon Brewing has announced the release of a new limited edition beer inspired by one of the world’s most famous paintings, Canadian Beer News reported on June, 20.
Belgian Gothic Saison features a name and tap label that pay homage to Grant Wood’s American Gothic, with Belgian-born Yukon employee Pascal Broeckx serving as the model for the farmer in the painting recreation.
Yukon Belgian Gothic Saison is available now in growlers at the brewery store, and in bottles in Alberta, where it is the 7th instalment in Yukon’s A.D.D. Series of limited edition releases.
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USA, NC: Ship Bottom Brewing is the newest and tiniest brewery in Delco
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Fully licensed and operational, Ship Bottom is brewing up minuscule batches of two barrels each, or enough to fill just over 100 six-packs - if it had a bottling line. It is the newest and tiniest new brewery in Delco, North Carolina, Philly reported on June, 20.
If small beer makers like Sly Fox and Yards are known as microbreweries, Ship Bottom is a nanobrewery; all of its product are draft and are distributed mainly to three or four bars around Media.
Rob Zarko, the owner, started the business as a hobby. Over the years, he added equipment and experimented with various recipes. A couple of years ago - about the time that he built an electronic monitoring panel that could be controlled with his Smartphone - Zarko realized that it had become more than a hobby.
"I was investing more and more money into home-brewing," he said. "I was making 10-gallon batches every weekend, more beer than I could possibly drink. I shared it with friends, and people would tell me it's pretty good."
Nanobrewing is very young, it has no legal definition. Generally, it's a brewing system that makes less than four barrels at a time, and fewer than 500 barrels
...More info on site
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India: Carlsberg steadily consolidating its position in India
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Danish beer maker Carlsberg, which entered India six years ago, has steadily consolidated its position in the Indian market, pegged at 275 million cases,
...More info on site
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Denmark: Carlsberg rose the most among Copenhagen’s benchmark stocks
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Carlsberg A/S rose the most among Copenhagen’s benchmark stocks on June 19th after RBC Capital Markets said the brewer will rebound after underperforming its
...More info on site
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Belgium: Trappist brewery production under threat from expansion of a limestone quarry
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Since 1595 the Notre-Dame de Saint-Remy-Rochefort abbey in southern Belgium has been plundered, invaded and ravaged by fire, but still today the monks rise each morning to brew a potent dark ale prized the world over for its depth and flavour, The Independent communicated on June, 20.
Now production at one of the world's eight remaining Trappist breweries is again under threat, this time from the expansion of a limestone quarry which will cut off their water supply.
The Belgian monks who brew Rochefort say the water from a nearby well is crucial to taste of their sought-after ale, which frequently appears in lists of the best beers in the world.
But plans by a limestone mining company to deepen a quarry in the vicinity of the Abbey threaten to plug the water source that the monks have relied upon for centuries. The Flanders News website reported that the mining firm, Lhoist, had offered to dig more wells to supply the monastery, but the monks are wary that the flavour will simply not be the same.
“We only have guarantees about the quantity, not about the quality of the water,” said a spokesman for Rochefort, Christopher De Doncker. Negotiations are continuing, with beer-lovers hoping
...More info on site
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China: Beijing enjoying microbrewery boom
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China consumed 59.3 billion litres of alcohol in 2012 - nearly double the amount drunk in the U.S. Beer accounted for 84% of that figure, according to market research firm Euromonitor. Yet per capita, Chinese consumption was only about 35 litres annually - less than half of the United States, according to Bloomberg - and still has enormous room to grow, CNN reported on June, 20.
That has led to a microbrewery boom in Beijing. "There's a whole slew of places that are about to emerge," said Ryan O'Neal Johnston, owner of Beijing's The Drive-Thru Bar. "For anyone interested in anything besides lagers and Tsingtao, it's on."
Carl Setzer is a 31-year old native of Cleveland, Ohio, who had barely touched alcohol until he was 25. After college, he landed in Shiyan, Hubei Province where an agency found him work at Dongfeng Motors. Setzer, an IT specialist, walked away from his lucrative career and jumped into the microbrewery business because he saw a niche. "Never let a market that has a requirement go unsupplied," said Setzer, who opened Great Leap Brewing in October 2010.
Last year, Great Leap grossed $225,000 with China's low operating costs cutting into only about a quarter of that
...More info on site
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Chile: CCU shareholders approved $680 mln capital increase
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Shareholders of Chilean brewer and bottler CCU approved on June 20th a 340 billion peso ($680 million) capital increase to finance growth plans, according
...More info on site
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New Zealand: Rangatira buys a 35% stake in Tuatara Brewing
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Rangatira, the Wellington-based investment company, has acquired a 35 per cent stake in Tuatara Brewing, giving the brewer funds to lift capacity at its
...More info on site
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UK: SY Venture – now the highest-yielding winter malting barley for brewing on the HGCA Recommended List
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A new, high-yielding winter malting barley variety, only launched last summer, has received industry recognition for its malting quality – by being awarded Full Approval for brewing use by the Institute of Brewing and Distilling, Western Morning News reported on June 19th.
SY Venture, from Syngenta, is now the highest-yielding winter malting barley which has Full IBD approval for brewing on the 2013/2014 HGCA Recommended List, said Syngenta cereal campaign manager Mark Britton.
With its UK treated yield of 101% of controls, he said it also showed a 5% yield increase over a number of established winter malting barley varieties on the list. And now, this latest promotion by the IBD also demonstrated that Venture had met the quality standards for malting required by end users, he added.
"With growers currently considering which varieties to grow for next season, the promotion of Venture to Full Approval has come at an ideal time," said Mr Britton. "It will give farmers even greater confidence to plant it this autumn. This is especially so since Venture is also a practical variety to grow. For example, not only is it high yielding, but it also combines its high yield with stiff straw – having very good resistance
...More info on site
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Sri Lanka: Sri Lankans shifting towards drinking beer packed in aluminum cans
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A shift in the consumption pattern of Sri Lankans towards strong beers packed in aluminum cans has been registered according to Piramal Glass Ceylon PLC’s reports of June 20th.
Chairman of the company, Vijay Shah in his review made to the firm’s latest annual report says, this factor along with several others impacted its domestic sales volumes.
According to him, the major decline has been in the Liquor segment which plays a vital part in the Piramal’s local sales.
“Part of our low end liquor market was lost to the cheap second-hand low quality liquor bottles which were imported into the Country”, Vijay revealed.
However, despite the drop experienced in the domestic market, the firm’s profit after tax during the financial year 2012 /13 has seen a year-on-year growth of 6-pct to stand at Rs. 725 million.
The company has earned Rs. 1.37 billion as export income during the reference year, an increase of 12-pct.
Vijay believes diversification of the firm’s export mix has helped the growth and also has reduced its dependence on the fiercely competitive Indian market.
“We have diversified our mix of export markets to now include Australia and New Zealand where we have launched several new products in different shapes and colours”,
...More info on site
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Sweden: SABMiller signs cooperation agreement with Kopparberg Brewery
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SABMiller plc and Kopparberg Brewery AB have entered into a cooperation agreement for the long term licensing of Kopparberg cider products in selected markets,
...More info on site
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