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E-Malt.com Newsletter 38b
September 19 - September 22, 2013
Quote of the Week
"Success means doing the best we can with what we have. Success is the doing, not the getting; in the trying, not the triumph. Success is a personal standard, reaching for the highest that is in us, becoming all that we can be."
Zig Ziglar
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Currency Rates
Base Currency: US Dollar
on September 20, 2013 |
Base Currency: Canadian Dollar
on September 20, 2013 |
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1 USD = 0.7390 EUR
1 USD = 0.6214 GBP
1 USD = 1.0225 CAD
1 USD = 1.0543 AUD
1 USD = 98.7926 JPY
1 USD = 2.1954 BRL
1 USD = 31.7200 RUB
1 USD = 6.1457 CNY
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1 CAD = 0.9782 USD
1 CAD = 0.6079 GBP
1 CAD = 0.7229 EUR
1 CAD = 1.0313 AUD
1 CAD = 96.6414 JPY
1 CAD = 2.1476 BRL
1 CAD = 31.0292 RUB
1 CAD = 6.0119 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley production estimated to be up by 12% in 2013-14
...Click here
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USA, MA: Craft beer sales increased in Massachusetts
...Click here
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Canada, BC: Phillips Brewing revives Phillips Puzzler & Kaleidoscope for this fall
...Click here
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Canada, BC: Scandal Brewing to add Grand Canyon Pumpkin Bock in the Seven Wonders series
...Click here
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USA, NY: Brooklyn Brewery to enter Nevada’s beer market
...Click here
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USA, RI: Narragansett Beer to relaunch Narragansett Fest in select markets
...Click here
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USA, OR: Full Sail Brewing to release three new beers
...Click here
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Australia: Beer consumption drops to the lowest since 1945
...Click here
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World: Large crops in EU and Canada to provide for sufficient supplies of both malting and feed barley
...Click here
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China: Barley crop failures expected to lead to a minimum of 3 mln tons of imports this year
...Click here
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Australia: Barley crops predominantly good in most states
...Click here
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World: Barley surplus could press prices downward this harvest - analyst
...Click here
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India: Court gives UB Group one week to submit report on stake sale to Diageo
...Click here
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Namibia: Namibia Breweries Limited reports higher beer sales volumes in the year to June 30
...Click here
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South Korea: Craft beer does not even appear in statistics yet, but interest in it is phenomenal
...Click here
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Australia: CUB shifts Carlton Cold to mid-strength category
...Click here
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Graph of the Week
Table of the Week
World Beer Production by Country 2000 - 2012
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
Scientific Digest
Gushing? Use hops and don't move!
ABSTRACT
It is proposed that primary gushing is caused by, among other things, hydrophobines or alkanes that "trap" CO2 into "nanobombs". Possible gushing supressors therefore have to go into competition with those molecules. J. Titze and his team looked into the suitability of certain hop components to do so. They selected 6 different hop oil components. Though these components showed gushing suppressing activities in the
model tests they also found that this effect can be destroyed with abrupt mechanical agitation. The good news is that different high temperature did not influence the gushing suppressing effects!..so don't move to fast while drinking!
Read more
Source: Barth Innovations
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These Days in Business History
September 19
1849 1st commercial laundry established, in Oaklan, California
1854 Henry Meyer patents sleeping rail car
1876 1st carpet sweeper patented (Melville Bissell of Grand Rapids, Mich)
1887 Dr. Graham Edgar, developer of the octane rating system, was born in Fayetteville, Arkansas, on this day
1888 World's 1st beauty contest (Spa, Belgium)
September 20
1519 Portuguese navigator Ferdinand Magellan sets sail from Spain in an effort to find a western sea route to the rich Spice Islands of Indonesia
1839 1st railroad in Netherland opens (Amsterdam-Haarlem)
1877 Chase National Bank opens in NYC (later merges into Chase Manhattan)
September 21
1784 The first daily newspaper in the United States, the Pennsylvania Packet and Daily Advertiser, begins publishing
1883 1st direct US-Brazil telegraph connection
1931 The day after the Bank of England abandons the gold standard, U.S. stocks tumble
September 22
1893 1st auto built in US (by Duryea brothers) runs in Springfield
1910 England's 1st aircraft flight
1988 Canada begins production of a $5 silver Maple Leaf bullion coin
Agenda
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)
12-15: Mondial de la Biere (Mulhouse, France)
16-20: Drinktec 2013 (Munich, Germany)
21/09 -06/10: Oktoberfest (Munich, Germany)
26-27: New World Malt Barley and Brewers Conference (Toronto, Canada)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10-01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
November 2013:
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
More events are available on site www.e-malt.com
News Articles
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Canada: Barley production estimated to be up by 12% in 2013-14
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For 2013-14, Canada’s barley production is estimated to increase by 12% to 9.0 mln tonnes due to record yields. However, due to record low
...More info on site
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USA, MA: Craft beer sales increased in Massachusetts
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Despite declining overall beer shipments in Massachusetts through the first six months of 2013, craft beer sales continued their upward surge according to recent data from the Beer Distributors of Massachusetts, Brew Bound reported on September 19.
Beer sales to Massachusetts distributors totaled 1,651,012 barrels for the period ending May 31, 2013, down 1.6 percent from the same period in 2012. But shipments of craft beer, which currently arrives to nearly 16 percent of all beer sold in the Bay State, are up 14 percent through May.
Brian Murphy, the director of sales and marketing for Massachusetts Beverage Alliance, said he expects sales of craft beer to continue accelerating through the last half of the year.
Murphy blamed the softness of domestic beer shipments, which were down 4.6 percent through May, on bad weather and poor sales in the first quarter.
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Canada, BC: Phillips Brewing revives Phillips Puzzler & Kaleidoscope for this fall
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Phillips Brewing has announced the return of two very different IPAs as autumn seasonals, Canadian Beer News reported on September 19.
Puzzler Belgian Black IPA is a 7.3% abv dark and hoppy ale and Kaleidoscope Mosaic IPA is a more traditional take on the style, checking in at 6.5% abv.
Kaleidoscope debuted earlier this summer but did not have much success. Nevertheless, the brewery decided to bring back this tropical fruit IPA punch to the palate for a second time.
Puzzler and Kaleidoscope are both available now in 650 ml bottles at select private liquor stores in BC, with Puzzler also on the shelves at the BC Liquor chain.
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Canada, BC: Scandal Brewing to add Grand Canyon Pumpkin Bock in the Seven Wonders series
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Scandal Brewing, an imprint of Pacific Western Brewing, has announced the second installment of Seven Wonders of the Beer World, a series of limited edition beers launched earlier this year that are being brewed in “tribute to the planet’s most extraordinary features,” Canadian Beer News reported on September 18.
Created by brewmaster Henryk Orlik on the brewery’s new 10 hectolitre pilot system, Grand Canyon Pumpkin Bock is a 7.0% abv beer that will only be available during this fall.
Scandal Grand Canyon Pumpkin Bock will be released next week in a limited run of bottles that will be available at select liquor stores in BC while supplies last.
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USA, NY: Brooklyn Brewery to enter Nevada’s beer market
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In October of this year Brooklyn Brewery will begin distribution in Nevada via Southern Wine & Spirits, Brew Bound reported on September 17.
The brewery registered a 25 % sales increasing this year in the existing markets and they are preparing to extend into new beer markets.
That kind of growth is impressive, especially when you consider that Brooklyn’s last new market entry came in 2011, when it broadened its footprint to include Minnesota. That will change when the company begins distributing in Nevada.
Brooklyn Brewery will also have a major brand ally in Samuel Merritt, the director of on-premise beer for Southern Wine & Spirits.
Brooklyn will begin shipping beer to Nevada next week and should be available by Oct. 1, Ottaway said. More formal launch events are scheduled for 2014 when Brooklyn Bowl is scheduled to open at LINQ, Caesars Entertainment’s open-air retail, dining and entertainment district currently being built across the street from Caesars Palace.
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USA, RI: Narragansett Beer to relaunch Narragansett Fest in select markets
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Providence, Rhode Island’s Narragansett Beer has relaunched returning fall seasonal Narragansett Fest in select U.S. markets, Shanken News Daily reported on September 18.
Billed as a traditional German Oktoberfest-style beer, Narragansett Fest offering is currently available on draft and in 16-ounce cans across the New England, New York, New Jersey, Eastern Pennsylvania, Washington, D.C., North Carolina, Florida and Wisconsin markets, as well as in Nashville, Tennessee, for the first time.
In addition to Fest, Narragansett’s lineup includes its Porter, Bock and Summer seasonals and the brand’s core Lager, Light and Cream labels.
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USA, OR: Full Sail Brewing to release three new beers
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Oregon-based Full Sail Brewing is set to introduce three new brews, Shanken News Daily reported on September 18.
Full Sail “26” Cascade Pilsner, the first of the line, was brewed in honor of the company’s 26th anniversary. A 6%-abv Pilsner, it will be available throughout Full Sail’s 26th year on draft and in 22-ounce bottles. The brewer is also releasing a draft-only Fresh Hop Pilsner (6%-abv) in the Pacific Northwest from September through November, as well as adding to its Brewer’s Share series with a new entry, Big Daddy J’s Imperial Lager, an 8%-abv brew available on draft and in 22-ounce bottles throughout the fall.
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 World: Malt markets show regular activities
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Malt markets in August showed regular activities, barley covers for LTA domestic and export contracts and malt purchases by medium and small brewers, industry
...More info on site
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Australia: Beer consumption drops to the lowest since 1945
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Australia's love for beer has sunk to the lowest level since the days of the post-war six o'clock swill, The Sydney Morning Herald reported
...More info on site
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World: Large crops in EU and Canada to provide for sufficient supplies of both malting and feed barley
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IGC’s latest world barley crop estimate is 142 mln tons vs. 139.4 mln tons a year ago.
Large crops in Europe and Canada, good
...More info on site
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EU: Barley crop and exports larger this year
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Conservative private yield and production forecasts for the EU barley output this year are close to the end of August estimates of MARS, the
...More info on site
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China: Barley crop failures expected to lead to a minimum of 3 mln tons of imports this year
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China imported 2.05 mln tons of barley in July/June 2012/13, and so far only 164,000 tons in July of this year, official statistics show.
The
...More info on site
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Australia: Barley crops predominantly good in most states
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Barley crops in all parts of Australia are looking good, except for the dry northern New South Wales and Queensland, industry sources reported earlier
...More info on site
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World: Barley surplus could press prices downward this harvest - analyst
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A surplus of barley on the international market could put downward pressure on prices this harvest, The Weekly Times Now reported on September 19.
RMI
...More info on site
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India: Court gives UB Group one week to submit report on stake sale to Diageo
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The Karnataka high court on September 17 gave Vijay Mallya’s UB Group one week to submit an audited report on United Breweries Holdings Ltd’s (UBHL’s) stake sale in United Spirits Ltd (USL) to Diageo Plc, Livemint reports.
Five groups of creditors to Kingfisher Airlines Ltd, the UB Group’s grounded airline, have filed winding-up petitions in the Karnataka high court against United Breweries, which has given corporate guarantees worth nearly Rs.9,000 crore for the airline’s debt.
To raise funds, Mallya, through United Breweries and other group companies, agreed in November to sell stake in United Spirits, India’s largest distiller, to Diageo.
Kingfisher’s creditors tried to stop the stake sale, but the high court had allowed United Breweries in May to sell over 13.5 million United Spirits shares to the UK distiller. It had also asked the company to deposit Rs.250 crore in the court related to the winding-up petitions and to submit a detailed report on the sale.
While United Breweries deposited Rs.250 crore with the court it hasn’t yet submitted the complete report. United Breweries also couldn’t sell the entire amount of 13.5 million shares as some UB Group lenders refused to release nearly 3.5 million United Spirits shares that they held as pledge
...More info on site
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Namibia: Namibia Breweries Limited reports higher beer sales volumes in the year to June 30
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Namibians have continued to love the beer bottle with Namibia Breweries Limited (NBL) announcing on September 19 that overall beer sales volumes on the local market grew at double digits, delivering a 12% growth in the year ended 30 June compared to the previous year, The Namibian reported.
The company said in financial results that the Tafel brand continued to outperform the portfolio and was the main driver of the overall beer growth.
“Windhoek Draught continues to perform well and has also contributed to the overall growth in volumes,” the company said.
SABMiller, NBL’s biggest competitor in Namibia is expected to open a brewery at Okahandja in mid 2015 with an installed capacity of 260 000 hectolitres per annum, which can be expanded to 400 000 hectolitres. SABMiller is investing N$420 million in the brewery.
The results revealed that after tax, profit dropped to N$72 million from N$221 million last year. Revenue increased to N$2,38 billion from N$2,16 billion last year. Revenue increased mainly due to performance of the home market and increased volumes produced and supplied to DHN its South African Joint Venture. Operating profit for the year grew by 17% compared to the previous year.
“The loss from continuing
...More info on site
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South Korea: Craft beer does not even appear in statistics yet, but interest in it is phenomenal
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In a tangle of nondescript alleyways in central Seoul’s Noksapyeong district, a handful of Korean and foreign entrepreneurs are pioneering a new market for homegrown craft beers, The Wall Street Journal reported on September 18.
Hidden opposite a side exit to the U.S. Army’s giant Yongsan garrison is trend-setting brewpub Craftworks Brewing Co. Defying its shabby surroundings, Craftworks’ interior is upscale. The bar’s eight taps pour artisanal ales, wheat beers, lagers and porters — each branded with a Korean name.
Canadian Dan Vroon opened Craftworks with six fellow expats in 2010. The concept: Sell Korean-made North American-style craft beers.
The go-to location for foreign bars in Seoul is Itaewon, the city’s expatriate ghetto a mile away, but Mr. Vroon decided on Noksapyeong for his watering hole. Several small foreign-run bars and restaurants already existed there, spillover from Itaewon, which has gentrified in recent years.
“Rents were overpriced in Itaewon and there was no space,” Mr. Vroon says.
While imported beer sales in South Korea have edged up in recent years, the local market is dominated by a duopoly of giant brewers, Oriental Brewery Co. and Hite-Jinro Co., whose output is exclusively mild, U.S.-style lagers. Mr. Vroon was convinced demand existed among expatriates and Koreans who’d
...More info on site
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Australia: CUB shifts Carlton Cold to mid-strength category
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The shakeup at Carlton & United Breweries continues apace, with the underperforming Carlton Cold brand being shifted from its current form to mid-strength, The Shout reported on September 20.
Currently brewed at four per cent AVB, Cold will be downgraded to 3.5 per cent, as the brewing giant fine-tunes its offering in a beer climate that sees one in five sold in Australia now a mid-strength.
“The new Carlton Cold, along with Carlton Mid and Peroni Leggera now form the three main brews in our mid strength offering,” says CUB’s General Manager of Marketing for Carlton Brands Andrew Meldrum.
The move echoes CUB CEO Ari Mervis’ comments last month that certain brands were due for reworking, and that the CUB beer portfolio needed more clarity in its market targets.
"What we have done is we've identified which brands need to participate in which consumer segments," Mervis said.
CUB last year restored the original 4.9 per cent AVB recipe of its flailing flagship Victoria Bitter product in a successful attempt to reinvigorate the brand, which had lost its crown as the country’s top-selling beer.
Meanwhile, the recent advertising drive that has accompanied Crown Lager’s own reboot has been given another shot in the arm,
...More info on site
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