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E-Malt.com Newsletter 20b
May 17 - May 20, 2018
Quote of the Week
When I pray, coincidences happen, and when I don't, they don't.
William Temple
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Currency Rates
Base Currency: US Dollar
on May 18, 2018 |
Base Currency: Canadian Dollar
on May 18, 2018 |
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1 USD = 0.8471 EUR
1 USD = 0.7395 GBP
1 USD = 1.2786 CAD
1 USD = 1.3295 AUD
1 USD = 110.5900 JPY
1 USD = 3.6840 BRL
1 USD = 61.8215 RUB
1 USD = 6.3636 CNY
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1 CAD = 0.7820 USD
1 CAD = 0.5782 GBP
1 CAD = 0.6624 EUR
1 CAD = 1.0396 AUD
1 CAD = 86.4800 JPY
1 CAD = 2.8808 BRL
1 CAD = 48.4096 RUB
1 CAD = 4.9761 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, KS: Black Stag Brewery signs lease for a Lawrence spot
...Click here
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Canada: Beer industry urges politicians to hike up marijuana taxes
...Click here
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USA, AR: Ivory Bill Brewing expected to open in Siloam Springs this summer
...Click here
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USA, MA: Seven Saws Brewing getting ready to launch in Holden
...Click here
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USA, IN: City of South Bend suing brewery that was set to open downtown
...Click here
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USA, TX: Infamous Brewing to no longer operate Solid Rock Brewing facility
...Click here
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New Zealand: Lion reports rise in 2017 revenue and volumes
...Click here
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Malaysia: Carlsberg Brewery Malaysia’s Q1 net profit up 19.9%
...Click here
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Ireland: C&C Group to invest EUR2 mln in increasing brewing capacity in Ireland
...Click here
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Sri Lanka: Lion Brewery praises government’s new tax policy
...Click here
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Thailand & Vietnam: Fifa World Cup expected to boost on-trade beer sales in Thailand and Vietnam
...Click here
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Argentina: Production ministry approves AB InBev, CCU brands swap in Argentina
...Click here
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India: Beer sales in Maharashtra decline on steep rise in prices
...Click here
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Graph of the Week
Table of the Week
Czech Hops Area, Production, and Yields 2012-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WILD HOPS IN ITALY
ABSTRACT
Wild hops can be found almost everywhere - including
Italy. Maybe some wild hops found in Umbria, Italy can
help in future breeding to create new hop varieties. For
this reason a group of Italian researchers have an inventory
of the germplasm for a number of different wild hops.
REFERENCES:
Riccioni, C et al: IDENTIFICATION AND CHARACTERIZATION OF WILD HOP
GERMPLASM IN UMBRIA REGION, P.3.6 at13th Trends in Brewing, April 2018, Ghent
Read more
Source: Barth Innovations
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These Days in Business History
17 May
1892 - George Sampson patents clothes dryer
1921 - Belgian-Luxembourg sign customs union
1968 - European Space Research Org launches 1st satellite
18 May
1801 - Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London
1804 - Napoleon Bonaparte is proclaimed Emperor of the French by the French Senate
1822 - Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 - European Convention on Human Rights goes into effect
1969 - Apollo program: Apollo 10 is launched
19 May
1892 - Charles Brady King invents pneumatic hammer
1913 - William Reddington Hewlett is born, American Businessman
1939 - 1st regular transatlantic airmail (New York to Marsseille France)
20 May
1806 - John Stuart Mill is born, UK, philosopher/political economist/Utilitarian
1875 - International Bureau of Weights and Measures forms by treaty
1892 - Charles Brady King invents pneumatic hammer
1983 - First publications of the discovery of the HIV virus that causes AIDS in the journal Science by Luc Montagnier
Agenda
May 2018:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
10-13: ASBC Malt Flavor and Aroma Symposium 2018 (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 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)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
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
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USA, KS: Black Stag Brewery signs lease for a Lawrence spot
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For five years, the owners of the new Black Stag Brewery have been looking for a Lawrence spot that would accommodate a brewery, preferably in the downtown area, the Kansas City Star reported on May 17.
Kathryn Myers was born and raised there and has three degrees from the University of Kansas — an undergraduate degree in advertising, a master's in business administration and a law degree.
Her husband, John Hampton, has lived in Lawrence for 33 years. The biologist had worked in fermentation in the bio-pharmaceutical industry, but recently left to focus on the brewery full time. He has been a homebrewer for several years, saying the process is almost identical to his former day job, but fermentation in the bio-pharmaceutical industry is on a much larger scale.
Now the couple have teamed up with Myers' father, William Myers, and signed a lease for 11,000 square feet in a two-story building at 623 Massachusetts St.
They said the former car dealership with its reinforced floors and high ceilings just works for a brewery. They will have the basement and first floor. The brewpub will have a "rustic chic" decor with a fireplace and lounge, a beer garden and small parking lot with valet
...More info on site
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Canada: Beer industry urges politicians to hike up marijuana taxes
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When it comes to smoking weed, the grass is a little greener in Canada. Not only is the Great White North working to completely legalize cannabis this summer, the overall cost of pot is significantly cheaper north of the border. According to a recent analysis by Wikileaf, Canadians pay about 30% less for weed than their American neighbors, with an eighth of legal bud going for about C$40 in the States, and C$27.90 in Canada, the Merry Jane reported on May 17.
Medical cannabis has been legal in Canada since 2001, and the country's medical canna-businesses do not face the same restrictions that their American counterparts do. "Part of the reason cannabis is so much cheaper in Canada than the United States is there is a much longer history of legalization in Canada, and thus a larger supply of legal marijuana growers and sellers," Christian Parroco wrote for Wikileaf. "While cannabis companies in the United States can't even have bank accounts, in Canada there are publicly traded cannabis companies on the stock market. In anticipation of nationwide legalization this year, the supply of marijuana continues to grow."
Not everyone is psyched about the prospect of cheap, legally available weed, though. Canadians currently
...More info on site
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USA, AR: Ivory Bill Brewing expected to open in Siloam Springs this summer
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Brewery and pub Ivory Bill Brewing is expected to finish renovations and open to downtown Siloam Springs later this summer, the Northwest Arkansas Democrat-Gazette reported on May 14, citing the brewery’s owners.
Co-owners Casey Letellier and Dorothy Hall are working on transforming the former car showroom into a brewery by tearing out concrete, installing plumbing and outfitting the space with seating. The work will pay off in the space it will give to the community, Lettellier said.
"I lived in England for a few years and fell in love with pubs," he said. "It feels like an amazing intersection between all parts of the social sphere. Whether you're blue collar or white collar or left-leaning or right-leaning, there's a softening of dialogue when you can't say those who disagree with you politically are idiots because you meet them at the pub."
That slower conversation is something Lettelier wanted to spark, citing what he called the political discourse present in the United States today.
"I wanted to build a complete pub space and invite everyone."
Lettellier has been home brewing for 15 years and has experience working in Fayetteville, but felt Siloam Springs was missing a brewery to call its own.
The Ivory Bill will brew for
...More info on site
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USA, MA: Seven Saws Brewing getting ready to launch in Holden
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Passerbys of 1148 Main Street in Holden may have noticed windows that once used to offer a look inside of the store Vintage Retriever have been covered with brown paper in recent months. Behind the lunch bag brown, owners of Seven Saws Brewing LLC were chugging away at work on their newly leased space. Now, the paper is gone and those who walk by can see that Holden residents and homebrew masters Thomas Anderson, Troy Milliken, and brothers Paul and Dr. Thomas Mulroy are building a tap room to distribute their craft brews, The Landmark reported on May 16.
Town officials approved an alcoholic beverage retail license for the business at a public hearing on May 7, and the brew crew said they hope to open their doors come Memorial Day weekend.
Currently, they distribute their beers through the tap lines of Specialty Sandwich Co. which won’t change, said Milliken who noted that the new retail location is going to be a space for quick tastings and take homes. “We are a tap room, not a bar,” Milliken said. “If someone wants a full beer they can head to Specialty.”
On-site customers will be able to try out beer flights, which will include
...More info on site
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USA, CO: Nighthawk Brewery closing down on May 27
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Nighthawk Brewery is closing after more than three years of brewing beer in Broomfield. Saturday, May 27, will be its last day, the BusinessDen reported on May 14.
“We’re not closing at all due to the nature of the industry,” general manager Shawn Murray said. “We have a successful model; (it’s) just certain things happen and it’s time to close up and do something different.”
Murray said the brewery, at 2780 Industrial Lane, has 13 employees and was profitable in 2017 and so far this year. Part of its success came from providing food and a game room, he said.
“If you open up a brewery and you do distribution first, you’re most likely going to fail,” Murray said. “If you build a brewery and you produce good beer and you make good food, you have a niche.”
Murray said he helped create an atmosphere customers wanted to revisit through a big game room with pinball machines, foosball, pingpong and board games. The brewery also opened a pizza kitchen.
“Alcohol can’t be the driving factor of success,” he said.
Owner Ethan Hall opened Nighthawk after he started brewing as a hobby at his home on Nighthawk Circle in 2010.
Nighthawk is not the only area brewery that’s
...More info on site
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USA, IN: City of South Bend suing brewery that was set to open downtown
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The city of South Bend is suing to pull the plug on a plan to develop a brewery near downtown, alleging that Bare Hands Brewery failed to follow through with its end of a redevelopment deal, the South Bend Tribune reported on May 15.
May 10, the city’s redevelopment commission approved a proposal to take back property at 331 W. Wayne St. that was originally sold to Bare Hands Brewery. The city filed a lawsuit that afternoon alleging the brewery breached its contract and demanded the property be turned over to the Department of Redevelopment.
Brewery owner Chris Gerard said he won’t lay down and let the city take the property.
“I want to fight tooth and nail to get justice for this,” Gerard told The Tribune on May 14.
In August 2016, the city sold the 9,000-square-foot building that was the former Gates Service Center to Gerard and his business partner James Priebe for $1. In order to receive the low sale price, the brewery committed $1.4 million over five years — $456,000 by the end of 2019 and another $979,000 by the end of 2021 — for building improvements.
The new brewery could potentially tap into a growing market near the construction of
...More info on site
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USA, TX: Infamous Brewing to no longer operate Solid Rock Brewing facility
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Infamous Brewing Company announced April 27 that it would not continue to operate the Solid Rock Brewing facility. Solid Rock Brewing was founded in 2011 and leased by Infamous Brewing Company in May of last year, the Community Impact Newspaper reported on May 14.
“We have decided to focus our efforts on our original location in Hudson Bend,” a post on the Solid Rock Brewing Facebook page said. “Infamous isn’t going anywhere, we are just leaving Spicewood.”
Solid Rock Brewing was located at 2214 Bee Creek Road, Spicewood. Infamous Brewing Company’s Hudson Bend location is at 4602 Weletka Drive, Austin.
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Ireland: Beer remains Ireland’s most popular drink
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The latest report from the Drinks Industry Group of Ireland (DIGI) shows that spirit consumption in Ireland is increasing, while beer still holds the
...More info on site
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New Zealand: Lion reports rise in 2017 revenue and volumes
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Lion - Beer, Spirits & Wine (NZ), the New Zealand unit of Japanese brewer Kirin Holdings, says 2017 revenue climbed 4.3 per cent and
...More info on site
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Malaysia: Carlsberg Brewery Malaysia’s Q1 net profit up 19.9%
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Carlsberg Brewery Malaysia Bhd kicked off the current financial year on a positive note, with its net profit up 19.9% to RM80.82 million in
...More info on site
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Ireland: C&C Group to invest EUR2 mln in increasing brewing capacity in Ireland
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Cider and beer maker C&C Group intends to invest up to €2 mln on increasing capacity at its Irish brewing facilities — either in
...More info on site
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Sri Lanka: Lion Brewery praises government’s new tax policy
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Sri Lanka's Lion Brewery has praised the government’s new tax policy based on alcohol content, saying beer sales had recovered sharply as it was
...More info on site
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Thailand & Vietnam: Fifa World Cup expected to boost on-trade beer sales in Thailand and Vietnam
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The Fifa World Cup competition is expected to boost on-trade sales and consumption of Thai Beverage’s beers, not only in Thailand but also in Vietnam, say analysts.
“We expect the World Cup event happening in June and July to stimulate on-trade consumption,” says RHB Securities while CGS-CIMB Securities says it is hopeful that World Cup festivities could catalyse beer sales in 3Q18.
To recap, ThaiBev’s results for the 2Q18 ended March have improved sequentially, held up by a recovery in spirit volumes sold in Thailand as well as acquisitions in the spirits and food segments, the Edge Singapore reported on May 16.
However, on-trade beer consumption reportedly remains weak, especially in the upcountry areas. As such, volumes were negatively impacted.
Earnings contributions from the acquisition of Saigon Beer Alcohol Beverage Corp (Sabeco) were also eroded by acquisition and finance costs.
Meanwhile, spirits segment continues to be resilient due to higher proportion of off-trade demand. The proportion of brown spirit sales has also increased relative to white spirits.
“We are optimistic on this trend, since brown spirits have a higher price point per bottle and could drive revenue growth faster than white spirits,” says RHB analyst Juliana Cai.
Phillip Securities analyst Soh Lin Sin says ThaiBev’s existing alcoholic
...More info on site
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Argentina: Production ministry approves AB InBev, CCU brands swap in Argentina
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Argentina’s production ministry approved Anheuser Busch InBev NV plan to divest its brands in the country, the Global Legal Chronicle reported on May 18.
Cleary Gottlieb Steen & Hamilton, Rosso Alba, Francia & Asociados, McDermott Will & Emery and Marval, O’Farrell & Mairal advised on the transaction.
As part of the proposal from AB InBev and CCU, which has operations in Argentina, AB InBev would transfer the Isenbeck, Diosa, Norte, Iguana and Baltica brands, as well as the licenses to Warsteiner and Grolsch, to CCU. In turn, CCU would give the Argentina rights to the Budweiser brand to AB InBev in exchange for a payment of up to $400 million over three years.
Anheuser-Busch InBev SA/NV manufactures alcoholic beverages. The company, led by Carlos Alves De Brito, Luis Felipe Pedreira Dutra Leite and Miguel Patricio in 2017 recorded €50 billion Revenues.
Compañía Cervecerías Unidas S.A. operates as a beverage company principally in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay.
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India: Beer sales in Maharashtra decline on steep rise in prices
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Despite a scorcher of a summer, the state of Maharashtra is cooling down less with beer, primarily because of a steep rise in its prices, the Mumbai Mirror reported on May 17.
Though the state has been a degree hotter in the past couple of months than it was last year during the same period, its consumption of beer has dropped by 6 per cent.
According to a senior official in the state excise department, in March and April this year Maharashtra consumed 5.91 crore litres of beer compared to 6.29 crore litres in the same two months in 2017.
Even year-on-year, consumption of beer in the state has dropped. In 2016-17, Maharashtra gulped down 32.48 crore litres of beer, while it dropped to 27.59 crore litres in financial year 2017-18.
In sharp contrast, Indian Made Foreign Liquor (IMFL) is moving off the shelves quickly with prices holding steady for the past two years. In April 2018, the state consumed 1.61 crore litres of IMFL, compared to 1.49 crore litres in the same month in 2017.
In October last year, the state government increased excise duty on beer by 17 per cent, but did not allow manufacturers to increase retail prices. This resulted in a
...More info on site
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