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RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 40b
October 05 - October 08, 2017


Quote of the Week

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Currency Rates


Base Currency: US Dollar
on October 06, 2017
Base Currency: Canadian Dollar
on October 06, 2017
      1 USD = 0.8520 EUR
1 USD = 0.7591 GBP
1 USD = 1.2516 CAD
1 USD = 1.2797 AUD
1 USD = 112.7100 JPY
1 USD = 3.1378 BRL
1 USD = 57.5811 RUB
1 USD = 6.6515 CNY
      1 CAD = 0.7989 USD
1 CAD = 0.6065 GBP
1 CAD = 0.6807 EUR
1 CAD = 1.0223 AUD
1 CAD = 90.0400 JPY
1 CAD = 2.5068 BRL
1 CAD = 45.9953 RUB
1 CAD = 5.3139 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA: Constellation Brands Q2 profit beats Wall Street estimates ...Click here
Barley news Canada: Tight barley supplies expected to encourage corn imports ...Click here
Brewery news USA, CT: Cliffside Brewing officially launching in Wallingford on October 7 ...Click here
Brewery news Canada, NS: Tanner & Co. Brewing opening in Chester Basin this weekend ...Click here
Brewery news Canada, MB: Stone Angel Brewing opens its doors in Winnipeg ...Click here
Brewery news USA, PA: DeWalt Brewing Company hoping to move to Atlantic City in early spring ...Click here
Brewery news Canada, NB: Niche Brewing opening soon near Fredicton ...Click here
Brewery news USA: Constellation Brands to debut new Corona Premier beer in February ...Click here
Brewery news USA, NC: Sideways Farm and Brewery to be one of the few farm breweries in Western North Carolina ...Click here
Brewery news USA, NC: Jolly Roger Brewing debuts in Moresville with just one flagship beer ...Click here
World News
Malt news Finland & Lithuania: Lithuanian court upholds decision to block Viking Malt’s deal with local maltster Maltosa ...Click here
Brewery news Thailand: ThaiBev’s nine-months sales down 6% year-on-year because of slow economic growth ...Click here
Barley news China: Barley imports total 5.24 mln tonnes in January – July this year ...Click here
Brewery news Thailand: Thai Beverage set to roll out new products and resume large-scale marketing after mourning period of king ends ...Click here
Barley news UK: Barley production increases 10.6% this year ...Click here
Barley news Spain & Portugal & Italy: Spain’s barley import demand estimated at up to 200 thousand tonnes this season ...Click here
Barley news Argentina: Argentina’s barley crop planting finished very late this year ...Click here
Barley news Saudi Arabia: Saudi Arabia to reduce barley import to 8 mln tonnes - state grain buying agency ...Click here
Barley news Angola: French group Castel invests US$50 mln in grain production in Angola to reduce dependence on imports ...Click here
Graph of the Week


Table of the Week

Czech Hops Area and Production 2013-2016


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


05 October
1887 - Rene Cassin is born, pacifist, Nobel Peace Prize 1968
1902 - Ray Kroc born in Illinois, founder of McDonalds and owner of the San Diego Padres
1991 - The first official version of the Linux kernel, version 0.02, is released
1993 - Daimler-Benz becomes the first German company to be listed on the New York Stock Exchange

06 October
1781 - Benjamin Hanks patents self-winding clock
1889 - Thomas Edison shows his 1st motion picture

07 October
1806 - Carbon paper patented in London by inventor Ralph Wedgewood
1910 - Henry Ford institutes moving assembly line
1930 - 1st infra-red photograph, Rochester, NY
1996 - The Fox News Channel begins broadcasting

08 October
1846 - George Westinghouse, Jr., is born in Central Bridge, N.Y. He later invents the Westinghouse air brake, making train travel
1869 - J Frank Duryea was born, inventor of 1st auto built & operated in USA
2003 - Arnold Schwarzenegger is elected the governor of California


Agenda


October 2017:
05-07: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
11-15: Mondial de la Biere Rio 2017 (Rio de Janeiro, Brazil)
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
26-28: drink technology India 2017 (New Delhi, India)
27-29: Olut Expo 2017 (Helsinki, Finland)




November 2017:
11: International MicroBrew Symposium 2017 (Munich, Germany)
22-23: Craft Beer Italy 2017 (Milan, Italy)


January 2018:
26-28: Finest Spirits 2018 (Munich, Germany)


February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)


March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)


April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)


May 2018:
22-24: Beer 2018 (Sochi, Russia)


June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
29-01 July: Mondial de la Biere 2018 (Paris, France)


August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: ASBC Congress 2018 (San Diego, USA)


September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)


October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)


November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)


More events are available on site e-malt.com

News Articles


Brewery news USA: Constellation Brands Q2 profit beats Wall Street estimates
Constellation Brands posted a quarterly profit that beat Wall Street estimates for a ninth straight time and raised its profit outlook, as margins rose on the sale of more premium beers and breweries ran at peak levels in the summer, CNBC reported on October 5.

To take advantage of consumer tastes shifting to more unique beer flavors, Constellation has been building its premium beer business with acquisitions of independent craft brewers, such as Ballast Point Brewing & Spirits in 2015 and Florida-based Funky Buddha this past August.

Its premium Corona and Modelo beers are also seeing increased demand due to a rising Hispanic population in the United States, analysts have said.

On October 5, the company said beer sales rose 12.8 percent in the second quarter on strong demand for premium beers between the fourth of July and Labor Day. Operating margins in its beer business rose 4.2 percentage points to 41.1 percent.

Constellation holds the license to distribute Corona and Modelo beers in the U.S. and brews most of its beers in Mexico.

The company, which also makes Robert Mondavi wines and SVEDKA vodka, lifted its full-year profit forecast to $8.25 to $8.40 per share, from a previous range of $7.90 to $8.10.

The company, ...More info on site


Barley news Canada: Tight barley supplies expected to encourage corn imports
Feed barley prices have been under pressure through the harvest period as yields across Western Canada have come in better than expected. It appears that the drier conditions in the southern regions of Alberta and Saskatchewan were more than offset by timely rains in the central and northern areas of the provinces, the Canadian Cattlemen reported on October 6.

Barley selected for malt production is also much higher than earlier projections, it is reported.

Feedlots in the Lethbridge area were buying feed barley in the range of C$190/mt (metric tonnes) to C$195/mt in early September while Red Deer operations were showing bids from C$180/mt to C$185/mt delivered.

Statistics Canada estimated the 2017 barley crop at 7.2 million mt, down from the 2016 production of 8.8 million mt. The average yield was pegged at 63.2 bushels per acre, down 10 bushels per acre from last year but up three bushels per acre from the 10-year average. The crop quality also came in better than anticipated. The favourable conditions in central and northern Alberta and Saskatchewan more than offset the drier regions in the south. It appears that malt barley production will be about 2.5 million mt to 3.0 million mt. This ...More info on site


Brewery news USA, CT: Cliffside Brewing officially launching in Wallingford on October 7
Local craft beer enthusiast David Durant will open a new microbrewery in Wallingford this weekend in time for Celebrate Wallingford, the Meridien Record-Journal reported on October 5.

Durant is opening Cliffside Brewing at 16B Center St. after brewing beer as a hobby at his home on Cliffside Drive in Wallingford for years. The grand opening on Saturday, October 7 will run from noon to 9 p.m.

The brewery will have eight craft beers on tap, including three beers Durant brewed himself — a brown ale, red ale and sweet ale. The other five beers on tap will come from other local breweries, he said. Customers will be able to buy beer by the pint or in five-ounce glasses.

Durant received approval from the Planning and Zoning Commission to open the brewery in January and then experienced several setbacks. Durant originally hoped to open in the spring.

“It feels good to be at the finish line. It’s been a long road,” Durant said. “I’m excited that we’re finally open and I hope we’re there for a long time.”

The business, near the intersection of Center Street and Route 5, will have a tasting room in the front and keg storage and brewing in the back.

“I think ...More info on site


Brewery news Canada, NS: Tanner & Co. Brewing opening in Chester Basin this weekend
Atlantic Canada Beer Blog reports that a new brewery announced back in June will be opening this weekend in the village of Chester Basin in Nova Scotia’s Lunenburg County.

Tanner & Co. Brewing has been founded by homebrewer and sommelier Dan Tanner and partner Peggy Locke. It features at 350 litre brewhouse with two fermenters and one brite tank that Tanner is using to create a variety of small batch beers.

For this weekend’s launch, there will be six beers available in 750 ml swing-top bottles and 1.89 litre growlers including American Pale Ale, Belgian Blonde, Imperial Milk Stout with Masala Chai, Lemon Lavender Saison, Dampfbier, and Roggenbier.

Tanner & Co. Brewing is located at 50 Angus Hiltz Road in Chester Basin. Business hours this weekend will be 12:00 noon to 6:00 PM on Saturday, October 7 and Sunday, October 8.


Brewery news Canada, MB: Stone Angel Brewing opens its doors in Winnipeg
Last weekend saw the opening of Winnipeg’s newest brewery and taproom. Opening at 1875 Pembina in the south of the city, Stone Angel Brewing is a dedicated brewery with a large and spacious taproom. The company has been brewing for several weeks and has two new beers on tap for the public, Brewbound reported on October 4.

“The taproom experience is essentially a tasting room for the brewery” explains Paul Clerkin, one of the three partners, “it’s where customers can come, have a couple of pints of our regular beers and try out any new or small batch beers that we have produced.”

“We’re opening with two different beers, an Irish Red Ale, and a English Dark Mild” added James deFehr. “Both are designed to be easy drinking and an introduction to craft beers for the non-craft beer drinker.”

Stone Angel Brewing was formed by three partners last year and has recently finished construction of their 8,650 sq.ft. facility. “At the moment, we are just kegging our beer for growler fills and for bars, eventually we will be opening a canning line” said Paul McMullan, President and Chief Operating Officer. “We are currently introducing Winnipeg bars and restaurants to our beers and hope ...More info on site


Brewery news USA, PA: DeWalt Brewing Company hoping to move to Atlantic City in early spring
A Pennsylvania-based brewery that secured $1 million in tax credits to move to Atlantic City is hoping to hold a grand opening in the city in the spring, DeWalt Brewing Company’s owner Chris DeWalt said. “Hopefully, early spring,” he added.

The brewery is not far from finalizing arrangements and starting work on its Atlantic City site. The project, announced in March and originally targeting a summer opening, has been held up by mostly minor but time-consuming glitches, said DeWalt.

DeWalt Brewing Co leased space next door to the Little Water Distillery on the block between Baltic and Lexington and Delaware and Maryland Avenues. There has been a lot of public interest in the project since it was announced earlier this year. “We’re getting all kinds of calls and feedback, people are really excited,” he said. “We’re all excited! It’s been a long process for myself too.”

DeWalt said he is hoping to do a soft opening as soon as December, to invite people inside for samples and to see the progress. “The moment we get the go ahead to start working there, we’ll start outfitting the building,” he said. There is some plumbing that needs to be done, equipment to install and some ...More info on site


Brewery news Canada, NB: Niche Brewing opening soon near Fredicton
The Atlantic Canada Beer Blog reports that a new brewery will be opening in Hanwell, a small community near Fredicton in west-central New Brunswick.

Niche Brewing is being founded by veteran homebrewers Rob Coombs and Shawn Meek, and will be launching with 2 barrel brewhouse and a focus on keg sales to local licensees. According to the brewery’s Twitter bio, Coombs and Meek “plan to brew a variety of beer styles – with the emphasis on sours and Brett beers”.

While an exact timeline has yet to be announced, the pair has secured a location for the brewery, and equipment is soon to arrive, making a late autumn or early winter opening seem most likely.


Brewery news USA: Constellation Brands to debut new Corona Premier beer in February
The Corona family is growing.

Riding a surge of interest in Mexican beer, Constellation Brands will debut Corona Premier nationwide in February. It will also release Corona Familiar in all major Hispanic markets, a key demographic for the brand, CNBC reported on October 5.

Constellation conducted a "successful" test of Premier before deciding to make it available nationwide. The company said the brew is aimed at a mature, sophisticated consumer looking to trade up from light beer.

Premier contains 90 calories. In comparison, Extra contains 149 calories and Light contains 99.

"Corona Premier capitalizes on industry and consumer trends including declines of domestic light beers, growth of high end and interest in new light beers that are premium and have badge value," a spokeswoman said in an email.

Corona and Modelo's popularity has helped Constellation's sales surge. In the second quarter, which includes the all-important summer months, Constellation's beer sales grew nearly 13 percent from the same time last year.

The company beat Wall Street's profit expectations for the ninth straight quarter, thanks to higher margins. On October 5, it also boosted its full-year earnings forecast to between $8.25 and $8.40 per share from $7.90 and $8.10 per share.

Constellation's stock has skyrocketed about 36 percent this ...More info on site


Brewery news USA, NC: Sideways Farm and Brewery to be one of the few farm breweries in Western North Carolina
A new brewery opening in Etowah is taking a sideways approach to modern beer-making, BlueRidgeNow.com reported on October 4.

Sideways Farm and Brewery, on Eade Road off Old Highway 64, is going back to the roots of craft beer. Reflective of Etowah’s rural setting, it will be one of the few “farm” breweries in Western North Carolina.

Owners Jon and Carrieann Schneider are building a 2,400-square-foot brewhouse on the 11-acre farm they live on, one of Etowah’s oldest historical farmlands. The Schneiders’ goal is to take beer back to time before industrial agriculture and mega-global corporations, using hyperlocal ingredients.

“We’re kind of taking it back to what we have available to us,” said Jon. “The hops that we have available to us, the herbs that we have.”

The Schneiders’ love of craft beer-making began like most. Several years ago Carrieann purchased a homebrew kit for her husband. Jon, an engineer by trade, delved into the research of craft beer making and caught the bug.

The couple started from their home in Florida with the idea of something bigger and different for beer and community. After vacationing in Brevard, they fell in love with the area as well as the local food movement.

Trying to escape the ...More info on site


Brewery news USA, NC: Jolly Roger Brewing debuts in Moresville with just one flagship beer
A new company called Jolly Roger Brewing is open in Mooresville, with a limited selection: One flagship beer, the Charlotte Observer reported on October 5.

The company boasts of its status as “Lake Norman’s smallest brewery.” It’s at 236 Raceway Drive, in a nondescript, one-story building. Jolly Roger is a “pico brewery,” meaning it uses a micro-sized brewing system to create small batches.

“We are very excited about opening Jolly Roger Brew in Mooresville. It’s a one-of-a-kind brewery in this region: We only serve growlers to go, and we only serve one beer: a tropical inspired double IPA,” said Tony Philipp, the brewery’s “owner and captain.” The Island Double IPA, the beer on tap, is a 7.3 percent alcohol-by-volume beer with strong citrus notes, the company said.

The decor is “pirate-bavarian,” Philipp said, and the slogan is “Work like a captain, drink like a pirate.”


Malt newsFinland & Lithuania: Lithuanian court upholds decision to block Viking Malt’s deal with local maltster Maltosa
The Lithuanian Supreme Administrative Court has upheld the Competition Council's decision to block a deal between the Finnish-owned malt producer Viking Malt and Maltosa, ...More info on site


Brewery news Thailand: ThaiBev’s nine-months sales down 6% year-on-year because of slow economic growth
Thai Beverage's (ThaiBev) sales in the first nine months of its fiscal year, from October 2016 to June 2017, dropped 6 per cent year on year to 142 billion baht (S$5.8 billion) because of slow economic growth, CEO Thapana Sirivadhanabhakdi told reporters on October 5.

Sales have also been pressured by Thailand's observance of a year-long mourning period after the death of King Bhumibol in October last year. The beer market has declined by 8 per cent, one executive said at the news conference, as festivities have been curbed, The Business Times reported.

ThaiBev, controlled by Mr Thapana's billionaire father Charoen Sirivadhanabhakdi, expects an upturn after the mourning ends this month and plans to launch two new spirit products in November.

The company was optimistic about the Thai economy next year, thanks to strong fundamentals and growth from neighbouring Vietnam, Cambodia, Laos and Myanmar, Mr Thapana said.

The Singapore-listed company was also hit by a new alcohol excise tax and a sugar tax on its sweetened drinks, which Mr Thapana said has had a "short-term impact" on business.

It has increased prices of spirits, which account for more than half its revenue, by about 2 per cent across the category, said CEO of Spirits Prapakon ...More info on site


Barley newsChina: Barley imports total 5.24 mln tonnes in January – July this year
China’s barley imports were 717,000 tonnes in July, 5.24 mln tonnes in Jan/July, of which 4.6 mln tonnes from Australia and 660,000 tonnes from ...More info on site


Brewery newsThailand: Thai Beverage set to roll out new products and resume large-scale marketing after mourning period of king ends
Following a year of sluggish alcohol consumption, Thai Beverage, the maker of Chang beers, is set to roll out new spirits products and resume ...More info on site


Barley newsUK: Barley production increases 10.6% this year
Defra’s first estimate of wheat and barley production from the 2017 UK harvest shows cereal crops recovered well after a dry spring which was ...More info on site


Barley newsSpain & Portugal & Italy: Spain’s barley import demand estimated at up to 200 thousand tonnes this season
The Spanish barley import demand is estimated at 150-200,000 tonnes this season, H. M. Gauger GmbH reported early in September.

The analysts’ latest report also ...More info on site


Barley newsArgentina: Argentina’s barley crop planting finished very late this year
Argentina’s barley planting was finished very late, most acreage estimates are around 720 – 730,000 ha, H. M. Gauger GmbH reported.

Mercosur will face ...More info on site


Barley news Saudi Arabia: Saudi Arabia to reduce barley import to 8 mln tonnes - state grain buying agency
Saudi Arabia, one of the world’s largest importers of barley, expects to reduce imports of the grain to 8 million tonnes this marketing season from 9.1 million tonnes in the previous season, the head of the country’s main state grain buying agency was quoted as saying by Hellenic Shipping News Worldwide on October 4.

The decline is due to Saudi Arabia’s efforts to partially substitute domestic consumption of barley with maize (corn) and soybeans, said Ahmad al-Fares, governor of the Saudi Grains Organisation (SAGO).

Feed barley prices have risen in recent weeks due to falling international supply, and the market could become tighter as major exporters Russia and Ukraine are expected to prioritise wheat and maize exports, respectively, over barley.

The usual price discount for barley against milling wheat has been eroded, with a barley purchase by Tunisia on October 3 showing prices close to those paid for wheat by Egypt in a separate tender on the same day.

SAGO’s governor added that he expected global barley prices to fall from current levels towards the end of this year or early next year due as additional supply comes to the market.

The U.S. Department of Agriculture forecasts that world barley stocks will fall to 18.6 ...More info on site


Barley news Angola: French group Castel invests US$50 mln in grain production in Angola to reduce dependence on imports
French group Castel, the owner of Nocal brand and beer factory, has invested US$50 million in grain production on a 3000-hectare plot in Angola’s Malanje province to reduce dependence on imported raw materials, Macauhub reported on October 6 citing the managing director of Nova Empresa de Cerveja de Angola (Nocal).

Gilles Leclerc told Angolan news agency Angop that grain planting had started at the beginning of the year on about 80% of the 3,000 hectares and recalled that imports of raw materials is a difficulty throughout the country’s beverage industry.

In the case of Nocal, the factory, with monthly production of about 10 million litres of beer, depends on imports of malt and hops, as well as the parts needed to maintain the production and filling lines.

The managing director said that it is possible to obtain almost all the raw materials for the beer trade in Angola, as the group locally produces glass, cans, labels, cases and bottle tops and purchases rice and sugar. Grains is the product that needs to be imported.

Leclerc also said that, despite the difficulties, he plans to increase production by the beginning of the first quarter of 2018, from 10 million to 11 million litres.

Nocal’s shareholders are ...More info on site


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