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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 38a
September 17 - September 19, 2018


Quote of the Week

There is nothing in the world like the first taste of beer.
John Steinbeck

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Currency Rates


Base Currency: US Dollar
on September 19, 2018
Base Currency: Canadian Dollar
on September 19, 2018
      1 USD = 0.8559 EUR
1 USD = 0.7605 GBP
1 USD = 1.3012 CAD
1 USD = 1.3881 AUD
1 USD = 112.1400 JPY
1 USD = 4.1367 BRL
1 USD = 67.6670 RUB
1 USD = 6.8609 CNY
      1 CAD = 0.7684 USD
1 CAD = 0.5844 GBP
1 CAD = 0.6577 EUR
1 CAD = 1.0666 AUD
1 CAD = 86.1700 JPY
1 CAD = 3.1788 BRL
1 CAD = 51.9977 RUB
1 CAD = 5.2722 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news Canada: Barley use up 1% in 2017/18 ...Click here
Brewery news USA, MS: Redemption Rock Brewing Co. planning new brewery in Worcester ...Click here
Brewery news USA, CA: Russian River Brewing’s new Windsor facility should be open by October 15 – co-owner ...Click here
Brewery news USA, NC: Marion duo hoping to open Marion Brewing Company by late fall or early winter ...Click here
Brewery news USA, NY: Olde Saratoga Brewing Co. could soon have new owners ...Click here
World News
Brewery news Australia: Beer market has never been more profitable despite declining consumption ...Click here
Brewery news New Zealand: Big muscling into craft beer sector ...Click here
Barley news Ukraine: Farmers likely to expand barley area in 2019 - analyst ...Click here
Barley news Australia: Barley crops hit hardest by consecutive frosts in Western Australia ...Click here
Barley news Ukraine: Barley shipments at the moment far behind last season’s ...Click here
Brewery news UK: AB InBev will launch its Michelob Ultra in the UK ...Click here
Brewery news Cuba: Microbrewery starts brewing tests in central province of Trinidad ...Click here
Brewery news Japan: Brewers suspend production in Hokkaido due to power failures following earthquake ...Click here
Brewery news Lebanon: Craft brewers introducing new tastes to consumers in Lebanon ...Click here
Brewery news Tanzania: Manufacturers of beer, soda and cigarettes protest e-tax stamp ...Click here
Graph of the Week


Table of the Week

German Malt Production, Export, Import, and Consumption


Table of the week.

Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices



These Days in Business History


17 September
2000 - The International Monetary Fund issues its World Economic Outlook report, forecasting that "growth is projected to increase in all major regions of the world, led by the continued strength of the U.S. economy, the robust upswing in Europe, the consolidation of the recovery in Asia and the rebound from last year's slowdown in emerging markets." Just weeks later, most regions of the world are tilting toward recession

18 September
1837 - Tiffany and Co. (first named Tiffany & Young) is founded by Charles Lewis Tiffany and Teddy Young in New York City
1842 - 1st edition of Pittsburgh Post-Gazette is published
1851 - The first edition of The New York Daily Times, which later became The New York Times,is published
1955 - The Ford Motor Company produced its 2,000,000th V-8 engine on this day, 23 years after the first Ford V-8 was manufactured

19 September
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)


Agenda


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


Barley news Canada: Barley use up 1% in 2017/18
For 2017-18, Canada’s total domestic barley use increased by 1% to 5.943 mln tonnes with slightly higher feed use and a decline in industrial use, Agriculture and Agri-Food Canada said in its September report.

Total exports increased by 24% or to a 10-year high of 2.883 mln tonnes due to the steady total supply, strong exports to China and lower world barley supplies.

Barley carryout stocks decreased by 41% to 1.3 mln tonnes and remain below the previous three and five-year averages.

The Lethbridge In-store feed barley price increased by nearly 35% due to the tight total barley supplies, strong export movement and the decline in the availability of other domestic feed grain substitutes.

For 2018-19, the nation’s barley-seeded area is forecast to rebound from last year’s record low to 2.628 mln ha.

Production is forecast to increase to 8.0 mln tonnes due to the higher area harvested despite a below average total yield.

With sharply lower carry-in stocks, total supply is forecast to decrease to 9.3 mln tonnes.

Total domestic use is forecast to increase to 6.023 mln tonnes due to higher industrial use.

Exports are forecast to fall by 17% to 2.4 mln tonnes due to lower total supplies. ...More info on site


Brewery news USA, MS: Redemption Rock Brewing Co. planning new brewery in Worcester
Redemption Rock Brewing Co. announced plans to open a new craft brewery, taproom, and cafe in Worcester, Mass., opening in late 2018 or early 2019. The brewery will be based at 333 Shrewsbury St., Brewbound reported on September 16.

Redemption Rock Brewing Co.’s mission is to bring a unique, community-focused, and high-quality craft beer experience to Worcester — helping to grow the city into a new craft beer destination.

Redemption Rock Brewing Co. will feature a 10-barrel brewery, a 3,000 sq. ft., 100-seat taproom, and a dedication to the local community. In addition to serving house-brewed craft beer, Redemption Rock Brewing will also offer locally roasted coffee, as well as baked goods and meat and cheese plates sourced from New England businesses.

“When we think about craft beer, we think community. And that is our driving value,” said Dani Babineau, CEO of Redemption Rock Brewing Co. “We want to foster our own community of craft beer enthusiasts, as well as serve and celebrate the local community in Worcester. Most importantly, we want to be an institution the city can be proud of — which is why quality is at the center of everything we do.”

Redemption Rock Brewing Co. will provide an eclectic array ...More info on site


Brewery news USA, CA: Russian River Brewing’s new Windsor facility should be open by October 15 – co-owner
Brewing has begun at Russian River Brewing Co.’s grand facility in Windsor, but beer lovers will have to wait a few more weeks before they can belly up to the bar in the new taproom to sample its beloved craft beers, the Santa Rosa Press Democrat reported on September 17.

The brewery and restaurant — an 85,000-square-foot building situated on 10 acres off Highway 101 — should be open by Oct. 15, co-owner Natalie Cilurzo said on September 17. The tab for the sprawling complex and the innovative German-made brewing system inside that will enable the brewery to double its annual production to 35,000 barrels is more than $30 million.

The opening is arguably the most anticipated event in the American craft beer sector this year, industry insiders say, as well as a massive economic lift for the town of about 30,000 residents.

Russian River is regarded by fans and critics as one of the best craft breweries in the United States. Every February, loyal customers wait in line for hours at its Santa Rosa brewpub to taste the limited release Pliny the Younger triple India Pale Ale specialty brew named after the nephew and adopted son of its flagship beer Pliny the ...More info on site


Brewery news USA, NC: Marion duo hoping to open Marion Brewing Company by late fall or early winter
A Marion duo are looking to bring craft beers to the downtown at a low-key, casual taproom, the Marion Star reported on September 17.

Tim Chambers and Joe VanBuskirk, both of Marion, hope to have the brewery, called the Marion Brewing Company, open by late fall or early winter, if not as a sit-down taproom right away, then as a place to walk in and pick up cans of locally brewed beer.

The two owners want the taproom, located at 151 S. Main St., to be a laid-back place for craft beer enthusiasts and people who just enjoy a good beer to hang out. They plan to have couches and board games for people to play while sipping on craft brews, as well as TVs for sports fans, though they don't consider their taproom a sports bar.

They warn that their taproom will not be for people looking to get intoxicated off one-dollar beers.

"We don't envision people falling down" drunk, Chambers said.

The two bought the Main Street building, formerly Bottoms Up bar and Tink's Rock House, last year and have been renovating it ever since, removing more than 45 tons of trash and debris from the building, including the layers of wood, brick ...More info on site


Brewery news USA, NY: Olde Saratoga Brewing Co. could soon have new owners
Nine months after shutting down, the Olde Saratoga Brewing Co. could soon have new owners: Manhattan-based 212 Brewing Co., which was the high bidder at an August auction of the Excelsior Avenue brewery's assets, The Daily Gazette reported on September 17.

In its bid, 212 Brewing agreed to pay $660,000 for assets like storage tanks and furniture.

Olde Saratoga closed suddenly in January, after its parent company, Mendocino Brewing of California, ran into financial problems.

Don Trooien, founder of 212 Brewing Co., said on September 17 that he would like the Spa City brewery to become a community attraction, with an expanded tasting room and new event space. Trooien is familiar with the brewery because 212 contracted with Old Saratoga to be its main brewer about three years ago. That ended after Olde Saratoga began to run late on deliveries and started asking for cash up front.

"Saratoga is one of the oldest New York breweries and one of the top 10 largest breweries [in the state] until it closed, so I think it had a great following, and it's pretty well known as a New York brewing facility," Trooien said. "I love Saratoga and never really wanted to stop brewing there.

"They had ...More info on site


Brewery newsAustralia: Beer market has never been more profitable despite declining consumption
The iconic image of the larrikin lager drinker cracking open an endless succession of cold ones couldn’t be more wrong, going by long-standing trends ...More info on site


Brewery news New Zealand: Big muscling into craft beer sector
Craft brewers are usually perceived as smaller independent operators but the big players in New Zealand - Lion and DB - are taking over more of them and using their marketing muscle to lift sales, Stuff.co.nz reported on September 19.

They may not fit comfortably into the established narrative of what makes a craft beer, but the biggest contribution to craft beer value and volume growth over the past three years has come from craft brews owned by the major corporates.

It was evident at the recent Brewers Guild Awards where three new champion categories were created to avoid the awards being swamped by the two biggies.

Brewers Guild Awards chief executive Sabrina Kunz said there had been 120 different brewers and the new categories would help continue to reflect the wider industry.

At the Brewers Guild Awards in Nelson, Lion took the Champion Large NZ Brewery, ParrotDog took the Champion Award, and Fork took the Champion Small award.

One of the fastest growing craft beers over the past three years has been Mac's, owned by Lion for about 20 years.

By 2014 Mac's was declining about 12 per cent a year while the craft beer market was growing at 15 per cent, according to ...More info on site


Barley newsUkraine: Farmers likely to expand barley area in 2019 - analyst
Ukrainian farmers are likely to expand the 2019 sowing area under barley and wheat taking advantage of favourable prices, but reduce the maize sowing ...More info on site


Barley news Australia: Barley crops hit hardest by consecutive frosts in Western Australia
Consecutive frosts over the weekend are thought to have wiped at least 500,000 tonnes and possibly up to one million tonnes off what had been a bumper grain crop in Western Australia, The Australian Financial Review reported on September 16.

Barley crops were the hardest hit as temperatures plunged to well below zero across the state's wheat belt, where farmers were looking forward to a combination of high yields and high prices.

The south-eastern wheat belt, a big barley-growing area, was the worst affected, with growers there expected to start slashing ruined crops for hay. The one consolation for them is that hay is attracting inflated prices and in high demand to help to ease some of the livestock feed shortages in drought-affected eastern states.

Grain Industry Association of WA (GIWA) forecaster Michael Lamond said the barley losses would become clearer over the next few days, but would add up to at least 500,000 tonnes and possibly double that, with an already five-year-low canola crop also hard hit.

Under the worst-case scenario, the unexpected frost has wiped about $400 million off the on-farm value of the crop.

"It is extremely disappointing because, on the back of a perfect season in some areas and great prices, ...More info on site


Barley news Ukraine: Barley shipments at the moment far behind last season’s
Although exports have been on the rise since the start of MY 2018/19, this season’s barley shipments to foreign markets are far behind last year, UkrAgroConsult reported on September 17. So, Ukraine exported 1.36 mln tonnes of barley in July-August 2018/19, or 62.7% less than in the same period last season (almost 2 mln tonnes).

The nation exported 770.5 thousand tonnes of barley in August 2018/19. This is 30.1% more than in the previous month, but 34.7% less than in August 2017/18.

As before, the top importers of Ukrainian barley in the new season are Saudi Arabia and China. These two countries absorbed a combined almost 79% of total barley exports from Ukraine at the time.

At the same time, during the first two months of the current season, Saudi Arabia already imported almost half as much barley as for the whole of MY 2017/18.


Brewery news UK: AB InBev will launch its Michelob Ultra in the UK
Brewing giant AB InBev will launch its Michelob Ultra premium light beer into the UK in a bid to replicate the brand’s US success, the Morning Advertiser reported on September 14.

The brand is currently the fastest-growing beer in the US in both value and volume terms, success that AB InBev hopes to repeat in the UK.

Research suggests Brits are seeking lower-strength beers – those with an ABV of between 0.5% and 3.5% – and bought 61 mln pints of low-alcohol beer in the past 12 months, up 34% for the same period last year, the brewer said.

“The UK launch responds directly to the trend for leading an active lifestyle and demand for reduced-calorie and lower-alcohol options,” said AB InBev.

Michelob Ultra is brewed to 3.5% ABV, has 79 calories per 335ml can and will be rolled out nationwide across the UK off-trade this October, with a bottle format due to appear in the on-trade from spring 2019.

A national multimedia advertising campaign, running across print, digital and out-of-home media, will support the launch and focus on the beer’s light qualities as well as its “functional benefits”.

Following success with its Bud Light relaunch last year, AB InBev will pump resources into sampling ...More info on site


Brewery news Cuba: Microbrewery starts brewing tests in central province of Trinidad
The factory-tavern of the Austrian beer Salm began production tests in the central Cuban province of Trinidad on September 14, with the production of three types of beers (light, medium and dark) and malt, the Prensa Latina reported.

Reiner Rendon, delegate of the Ministry of Tourism in the territory, told Prensa Latina that the plant is part of the Santa Ana Complex, administered by Palmares.

He said that the objective of the microbrewery was to diversify the tourist offers and increase the foreign currency income of the entity.

The factory will employ about 40 workers and has the capacity to produce 200,000 litres a year of the Salm brand, a company founded in 1924.

Salm marketed more than 80 plants in about 40 countries from 1994 to 2012.

At the moment there are two other mini-breweries in Cuba: in Havana and Santiago de Cuba.


Brewery news Japan: Brewers suspend production in Hokkaido due to power failures following earthquake
Beer production at breweries in Hokkaido was halted due to major power failures following a 6.7 magnitude earthquake that jolted through the northern part of Japan last week, The Drinks Business reported on September 14.

Affected breweries included Sapporo Breweries Ltd’s Hokkaido factory in Eniwa, whose beers include the popular ‘Black Label’, and Kirin Brewery’s factory in Chistose, as well as Asahi Breweries Ltd’s factory in Sapporo, according to The Yomiuri Shimbun.

Hokkaido is also home to a few wineries such as Domaine Takahiko, and the country’s famous Grace Winery also has a wine operation in the region. But to what extent the local wineries are affected is not known at the moment.

Automobile manufactures including Toyota Motor Hokkaido Inc. and Aisin Hokkaido Co have also suspended production after the quake.

The deadly earthquake that struck Hokkaido on 6 September has already killed 41 people, injuring close to 700 people, according to the Japan Times.


Brewery news Lebanon: Craft brewers introducing new tastes to consumers in Lebanon
After being dormant for thousands of years, beer culture is returning to Lebanon. Lebanese brewers, pursuing their passion of carving out a space for the ancient drink in their homeland, have overcome the lack of traditional ingredients, including hops and malt, by incorporating locally grown fruits and spices. They are also embracing an environmentally friendly ethos in combating a deficiency in such basic materials as glass bottles, Al-Monitor reported on September 17.

Lebanon’s new take on an old drink was on display at the Beirut International Beer Event, BIBE 2018, held Sept. 13-16 at an open-air hippodrome near the trendy Badaro neighborhood in the nation’s capital. The young festival, in its second iteration this year, brought together beer lovers and beer makers from around the world. It also showcased some of the best craft breweries and microbreweries Lebanon has to offer.

Saying that beer has a long history in Lebanon and the Middle East would be a gross understatement. Archaeologists recently discovered the remains of a 13,000-year-old brewery belonging to the nomadic Natufian people, who lived in the high mountains of Lebanon and the Anti-Lebanon. The site is today in northern Israel.

Despite such auspicious origins, beer experienced a 10,000-year “slump” in ...More info on site


Brewery news Tanzania: Manufacturers of beer, soda and cigarettes protest e-tax stamp
The Tanzania Revenue Authority (TRA) has moved to implement the electronic tax stamp (ETS) on locally manufactured and imported goods even as local manufacturers protest the passing of the project costs to them, The East African reported on September 15.

Last year, the government announced a tender award to a Swiss firm SICPA to install and support ETS management system.

Manufacturers said at a joint meeting with the government that they were not opposed to the stamps but bearing the cost of running the system would add to the cost of doing business.

The ETS application took effect this month.

Manufacturers of beer, soda and cigarettes said that the tender was not awarded competitively and that the terms inappropriately required them to pay for the installation of the stamp machines.

TRA Commissioner General Charles Kichere said the ETS was meant to safeguard government revenue by providing accurate production of data on real time.

Mr Kichere further noted that through application of ETS, the government would determine in advance, the amount of duty to be paid and provided by TRA.

The tax system will enable the government to track goods right from the factories, border entry points, warehouses to the final destination.

“Manufacturers and importers covered by current non-electronic ...More info on site


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