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E-Malt.com Newsletter 34b
August 25 - August 28, 2016
Quote of the Week
A little bit of beer is divine medicine.
Paracelsus, Greek physician
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Currency Rates
Base Currency: US Dollar
on August 26, 2016 |
Base Currency: Canadian Dollar
on August 26, 2016 |
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1 USD = 0.8867 EUR
1 USD = 0.7569 GBP
1 USD = 1.2924 CAD
1 USD = 1.3125 AUD
1 USD = 100.4700 JPY
1 USD = 3.2252 BRL
1 USD = 64.9459 RUB
1 USD = 6.6564 CNY
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1 CAD = 0.7736 USD
1 CAD = 0.5855 GBP
1 CAD = 0.6859 EUR
1 CAD = 1.0154 AUD
1 CAD = 77.7300 JPY
1 CAD = 2.4951 BRL
1 CAD = 50.2040 RUB
1 CAD = 5.1496 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Slowing growth of craft beer consumption will not benefit big beer brands
...Click here
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USA, OK: Craft brewers cleared to sell full-strength beer for consumption on the premises
...Click here
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USA, PA: Family-run Wissahickon Brewing Co. aiming to open up this fall
...Click here
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USA, NC: Lenny Boy Brewing to open its second brewery in Charlotte on September 10
...Click here
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USA, CT: Witchdoctor Brewing Company gearing up for an opening in Southington
...Click here
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World: Latest available beer production figures positive in Germany, disappoint in China, Brazil
...Click here
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World: AB InBev intends to cut about 3% of total workforce after taking over SABMiller
...Click here
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Jamaica: Red Stripe looking to double local beer consumption by 2019
...Click here
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EU: This year’s crop down in Europe’s main barley producing countries
...Click here
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South Korea: South Koreans drink less beer in H1 than in the same period in 2013
...Click here
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Australia: Heineken unveils new low-calorie Heineken 3 beer
...Click here
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Australia: Workers at Carlton and United's biggest brewery walk off and raise threat of further strikes
...Click here
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Kenya: East African Breweries enhancing outreach for raw material for its Senator Keg low end beer brand
...Click here
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Graph of the Week
Table of the Week
World Barley Supply and Distribution
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
German Malting Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
Scientific Digest
HOPS DO NOT NECESSARILY
NEED TO TOUCH BEER FOR
DRY HOPPING PURPOSES
ABSTRACT
A German research team that came up with the idea of
extracting hop aroma into beer by applying a combined
desorption/absorption process. The process-dependent
mass transfer was predicted using two different
approaches: a thermodynamic approach, and response
surface modelling. The methods offer the following
advantages: no beer losses, no clarification steps
needed, potential reuse of hops for bittering. Using
response surface methodology was clearly superior
as compared to calculating the mass transfer using
thermodynamic approximations.
Klie, R.: Feasibility and Optimization of a Novel Desorption/ Absorption Process for
Transferring Hop Volatiles into Beer, poster presentation at the Trends in Brewing Conference,
April 2016, Ghent.
Read more
Source: Barth Innovations
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These Days in Business History
25 August
1609 - Galileo demonstrates his 1st telescope to Venetian lawmakers
1900 - Friedrich Nietzsche philosopher, dies in Weimar, Germany
1956 - 1st non-stop transcontinental helicopter flight arrived Washington D.C.
26 August
1541 - Turkish sultan Suleiman occupies Budapest and annexes Hungary
1843 - Charles Thurber patents a typewriter
1880 - Guillaume Apollinaire was born, poet/movie critic (Alcoola)
27 August
1910 - Mother Teresa was born (Agnes Gonxha Bojaxhiu), Yugoslavia, Nobel 1979
1950 - 1st transmission of a TV program from continental Europe shown on BBC
1965 - Le Corbusier, (Charles Jeanneret), Swiss/French architect, dies at 77
28 August
1565 - Oldest city in the US, St Augustine Fla, established
1828 - Lev Tolstoi was born, Russian writer (War & Peace, Anna Karenina) [OS]
1963 - Martin Luther King Jr's "I have a dream" speech held at Lincoln Memorial
Agenda
August 2016:
05-07: The 20th International Berlin Beer Festival (Berlin, Germany)
09-13: The Great British Beer Festival 2016 (London, UK)
10-13: Vietfood & Beverage - ProPack 2016 (Ho Chi Minh, Vietnam)
13-17: World Brewing Congress 2016 (Denver, USA)
September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
08-10: Brouwplus 2016 (Antwerp, Belgium)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
More events are available on site www.e-malt.com
News Articles
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USA: Slowing growth of craft beer consumption will not benefit big beer brands
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Growth in the booming U.S. craft-beer industry is slowing. But don’t expect big brewers to benefit much, the Wall Street Journal reported on August 26.
For the past half-decade or so hoppy lagers and ales from niche brands have taken substantial market share from mainstream beers such as Anheuser-Busch InBev’s Budweiser and Bud Light. Craft brews now account for about 14% of the U.S. market by volume, up from about 6% in 2009, according to research house Sanford C. Bernstein. Since craft beer is more expensive, its share of the market’s value is closer to a fifth.
But growth rates, for years reliably in double digits, have slipped this year. According to new data from Nielsen, craft sales were up just 4.5% year over year for the three months through mid-August, down from a peak of almost 20% in 2013.
Bart Watson at the Brewers Association says this is in part because craft markets in early-adopting hot spots such as Portland, Ore., and Denver, Colo., have reached maturity, with roughly 40% of all beer sales. Another factor is limited space on supermarket shelves and bar counters: Beer retailers are unlikely to stock more craft brands than they already do.
So does this spell better
...More info on site
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USA, OK: Craft brewers cleared to sell full-strength beer for consumption on the premises
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Oklahoma Attorney General Scott Pruitt has cleared craft brewers in the state to sell full-strength beer for consumption on the premises, the Washington Times reported on August 23.
Pruitt issued the opinion on August 18 after the state’s Alcoholic Beverage Laws Enforcement Commission asked him to review a new state law that allows the sale of full-strength beer.
The ABLE Commission asked for the review last week after raising concerns that the new law which was going into effect on Friday, August 19 allowed breweries to sell bottles and cans of full-strength beer for consumption off premises, but did not legalize sales of glasses of beer for consumption at brewery taprooms.
Lawmakers said their intent was to allow for consumption on premises and Pruitt said the opinion upholds that intent.
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USA, PA: Family-run Wissahickon Brewing Co. aiming to open up this fall
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Family-run venture Wissahickon Brewing Co. is aiming to open up operations at 3705 W. School House Lane, Philadelphia this fall, Montgomery Newspaper reported on August 25.
Tim Gill is the founder, president and head brewer and his love for brewing started about eight years ago when he received a brewing kit as a Father’s Day gift. He and his four kids — Timothy Jr., Megan, Lucas and Peter — began by brewing on their stovetop, creating several batches per year.
As their interest and experience increased, their equipment also had to step up.
“We had to stop taking over the kitchen from my wife,” Gill said.
They purchased a half-barrel brewing system that mirrors the process used in large breweries and turned their basement into a mini-brewery.
“We started entering beers into national contests and started getting some notoriety,” Gill said.
As more and more people tried their beer, the family received more and more compliments on the taste.
“Family, friends, people who try your beer, they’ll compliment you and say, “You know, you could make a go of this,’” Gill said. “When we started winning objective accolades from professional beer judges, we started to get the bug.”
The timing seemed perfect, as Gill is preparing to retire
...More info on site
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USA, NC: Lenny Boy Brewing to open its second brewery in Charlotte on September 10
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When Townes Mozer moved Lenny Boy Brewing into Charlotte, NC’s South End four years ago, people thought he was crazy, Charlotte Observer reported on August 24.
“Everybody was like, ‘What the hell are you doing over there?’ ” recalls Mozer, who founded his kombucha business in 2012.
The area was still fairly industrial, not yet dominated by so many apartment buildings and new businesses. While Lenny Boy and its neighbors at Sycamore Brewing now pull a good crowd from these buildings, Mozer wasn’t counting on that when he moved in. After a few months brewing his kombucha out of a commercial kitchen in Asheville, Mozer was after one thing: space.
He found it at 2224 Hawkins St. The space was small, but far larger than what he was accustomed to in Asheville. It allowed him to ramp up the production and packaging of his kombucha, and in 2014 Lenny Boy expanded into the space next door, where John Watkins started brewing organic beers (Lenny Boy is still the only certified organic brewery in the state). Residents from the newly built apartments stopped by for beers, kombuchas and alcoholic kombuchas that Mozer calls “wild ales.”
But just as so many are moving into the area,
...More info on site
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USA, CT: Witchdoctor Brewing Company gearing up for an opening in Southington
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Witchdoctor Brewing Company, gearing up for an opening at Factory Square in Southington, greeted fellow business owners and outlined their business plan at a Chamber in the Morning at The Orchards August 17, Bristol Press reported.
Co-owners Josh Norris, his wife Allison Norris and Daryl Adamaitis intend to open the brewery and taproom at 168 Center Street. They plan to offer rye pale ale, oatmeal amber ale, Kölsch (a light German ale), Belgian Session and a variety of other IPAs (Indian pale ale) and stout brews.
“We have been working on this for three to four years now,” said Norris, as he introduced Witchdoctor to more than 20 Chamber of Commerce members. “At this point, we are at the finish line. We are ready to open, but our bank requested that we bring an additional experienced person on-board. We are reaching out to the community to help fill that role and ask for any moderate sized investments that supporters wish to provide.
“We have big plans for when we open,” Norris added. “We want to be as green and as community-oriented as we can. We want to host local bands, display the works of local artists and support the art scene as best
...More info on site
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World: Latest available beer production figures positive in Germany, disappoint in China, Brazil
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Germany brewed a total of 47.8 mln hl of beer in January - June this year, plus 1.9% vs the same period in 2015,
...More info on site
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World: AB InBev intends to cut about 3% of total workforce after taking over SABMiller
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Anheuser-Busch InBev SA/NV or AB InBev expects to cut about 3 per cent of the total workforce of the combined Group after its takeover of SABMiller plc, RTT-News reported on August 26.
The job reductions will be implemented gradually, in phases, over a three-year period following Completion, according to takeover documents published on August 26.
Several reports said that about 5,500 positions are likely to be eliminated.
The job cuts will form part of the $1.4 billion of annual savings that AB InBev has said it's seeking from the takeover, equivalent to almost a tenth of SABMiller's $15 billion in annual revenue.
AB InBev does not give any view on the impact of the Transaction on employment.
While the extent of any job reductions in all locations is not yet certain, AB InBev's stated intention that the Combined Group will be headquartered in Leuven and will retain AB InBev's Global Functional Management Office in New York will mean that the head office functions of AB InBev and SABMiller are integrated into AB InBev's headquarters and the Global Functional Management Office following Completion.
The integration is subject to consultation with the potentially affected SABMiller employees but is likely to involve the loss of roles at SABMiller's
...More info on site
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Jamaica: Red Stripe looking to double local beer consumption by 2019
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Local brewery Red Stripe Jamaica is looking to double local beer consumption by 2019, the Jamaica Gleaner reported on August 26.
Managing Director Ricardo Nuncio says he is convinced the goal is achievable since the Jamaican market has large untapped potential. He notes that beer consumption in Jamaica is actually the lowest per capita for the whole Americas region, with the lowest being Haiti.
"When you look at the per capita consumption of beer in Jamaica, it is very low at 18 litres per year. That works out to about 1.5 litres of beer per month per person which is basically nothing when you compare to countries like Brazil, which has 70 or Mexico which has 60 or even Trinidad which has 4," Nuncio said in an interview with the Financial Gleaner.
The penetration of beer consumption in the 18 and over age category of the Jamaican market is only 77 per cent, according to Nuncio.
"You still have 23 per cent of potential consumers that are not drinking beer. Maybe they are drinking something else such as rum so the question is how we invite them to consume beer," he said.
Initially, the brewery had targeted 2020 as its goal to double local beer
...More info on site
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EU: This year’s crop down in Europe’s main barley producing countries
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Good spring rains and cool temperatures in Spain provided for a large barley crop, estimates still vary from 9.0 to above 10.0 mln tonnes.
...More info on site
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South Korea: South Koreans drink less beer in H1 than in the same period in 2013
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The amount of alcohol consumed by South Koreans is decreasing, with fruit-flavored soft alcohol gaining in popularity, government data showed on August 26.
According to the report released by the Ministry of Food and Drug Safety, which surveyed 2,000 Koreans aged 15 or over, Koreans on average drank 4.9 cups of beer (about two pints) and 6.1 shots of soju, a popular grain-based liquor, at a time in the first half of this year.
These findings are a slight decrease compared to 2013 when the average beer intake was 5.6 cups and 6.4 shots of soju per person.
The intake of fruit-based drinks with low alcohol content rose from 2.2 shots per person to 6 shots on the back of growing popularity of lighter alcoholic drinks.
Since early last year, leading alcohol manufacturers such as Lotte Chilsung and its rival Muhak have rolled out a series of fruity soju products containing 14 percent alcohol, which is lower than the usual 20 percent.
The proportion of heavy drinkers also fell, which the ministry saw as an indicator of the social move towards a healthy drinking culture.
Of the surveyed, 58.3 percent showed a pattern of high-risk alcohol consumption by downing more than 8.8 shots of
...More info on site
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Australia: Heineken unveils new low-calorie Heineken 3 beer
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Heineken has unveiled a low-calorie and low-carbohydrate brand extension, dubbed Heineken 3, in a push to appeal to more Australians and more usage occasions, Marketing reported on August 26.
The product launch is the first that Heineken has released in Australia since Heineken first arrived. It will be supported by a high-impact nationwide campaign with the aim of establishing the brand into the Australian market and drive trials for consumers. Australia will also be the first market globally to launch the Heineken 3 brand.
Heineken says the launch seeks to capitalise on the growing demand for premium mid-strength beer, with the company identifying huge growth potential among occasional beer drinkers in Australia.
Heineken 3 has 86 calories per bottle, five grams of carbohydrates and 3.3% ABV. The latter claim is supported by success at the World Beer Championships as best Lower Calorie lager in 2013 and 2014 and a Gold Medal at the 2015 European Beer Star Awards for best German Style Liechtbier.
Heineken says the product has proved extremely popular in early consumer trials in Australia. Heineken believes this will provide a platform to grow the premium mid-strength category in the coming months and leverage ongoing consumer trends around premiumisation and moderation. Furthermore,
...More info on site
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Australia: Workers at Carlton and United's biggest brewery walk off and raise threat of further strikes
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Hundreds of workers at Carlton and United's biggest brewery walked off on August 25, and have raised the threat of further strikes against the beer giant, The Sydney Morning Herald reported.
Production lines came to a halt for three hours as the Abbotsford brewery's production and distribution workers attended a stop-work meeting in condemnation of the company's "trashing of Australian jobs", union officials said.
The meeting also voiced concerns that the "inexperienced" temporary labour-hire staff, brought in to replace the brewery's recently sacked maintenance crew, are jeopardising site safety. Workers are warning of "escalating action" that could threaten beer supplies to bars and bottle shops if the former staff are not reinstated.
It comes as the brewery's sacked maintenance crew continues picketing outside the gates of the plant. The dispute has gone on for 10 weeks since 55 workers lost their jobs and refused to reapply for the positions on inferior pay and conditions with a new contractor.
The feud appears to have become increasingly hostile, with Australia's workplace umpire last week moving to "de-escalate" improper conduct by banning unionists from harassing the temporary labour-hire workers.
CUB said the replacement workers had to be bussed in and out of the site every day, after some
...More info on site
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Kenya: East African Breweries enhancing outreach for raw material for its Senator Keg low end beer brand
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The resurgence of low end beer brand Senator Keg has seen East African Breweries Limited (EABL) enhance its outreach for sorghum and millet framers to provide the key ingredient for the beer, Citizen TV reported on August 24.
East African Malting (EAML), a subsidiary of EABL, has recruited 12,000 farmers from Kitui, Tharaka Nithi and Embu with plans to scale up production to 30,000 tons a year.
East Africa Malting General Manager Lawrence Maina said demand for Senator Keg has risen by 113 percent of the last one year necessitating the need to contract more farmers.
“EAML partnered with KCEP in order to enhance the value chain of sorghum and millet in the three counties of Eastern region. This initiative is aligned to EABL’s grow, feed and sell campaign, which encourages farmers to grow sorghum and millet for household consumption and sell the balance, for commercial use,” Mr Maina said.
The government introduced a 50 percent excise duty on beer made from sorghum in 2014, forcing EABL to cancel supply contracts with over 25 thousand farmers.
The excise duty was later scrapped in the 2015/16 budget.
Mr Maina said contracted farmers will sign forward contracts with the company ensuring they are supplied with seeds and other
...More info on site
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