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E-Malt.com Newsletter 02a
January 07 - January 09, 2019
Quote of the Week
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Czech proverb
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Currency Rates
Base Currency: US Dollar
on January 09, 2019 |
Base Currency: Canadian Dollar
on January 09, 2019 |
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1 USD = 0.8736 EUR
1 USD = 0.7844 GBP
1 USD = 1.3285 CAD
1 USD = 1.4015 AUD
1 USD = 108.7500 JPY
1 USD = 3.7242 BRL
1 USD = 66.8885 RUB
1 USD = 6.8512 CNY
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1 CAD = 0.7526 USD
1 CAD = 0.5904 GBP
1 CAD = 0.6575 EUR
1 CAD = 1.0548 AUD
1 CAD = 81.8500 JPY
1 CAD = 2.8029 BRL
1 CAD = 50.3428 RUB
1 CAD = 5.1565 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley export market continues to be very vibrant
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USA, CA: Great Change Brewing launches in Bakersfield
...Click here
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Canada, AB: Bow River Brewing opens its doors in Calgary’s Manchester Industrial area
...Click here
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USA, TN: Next Level Brewing Company aiming at spring opening
...Click here
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USA, MN: Portage Brewing Company promises to be back after destructive fire
...Click here
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USA, NY: Village board approves brewery proposal for Pittsford
...Click here
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USA, NY: Hawley Brewing Co. to proceed with construction after board’s vote
...Click here
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USA, NY: The Patchogue Beer Project welcomes first public in Patchogue Village
...Click here
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USA, PA: The Appalachian Brewing Company closes location in Collegeville
...Click here
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USA: Heineken to launch 7.5% ABV Tecate beer in the US
...Click here
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Brazil: Craft beer estimated to have grown by up to 30% last year
...Click here
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Australia: Barley crop could total up to 8 mln tonnes this year
...Click here
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Zimbabwe: AB InBev’s Delta Beverages abandons plan to only accept hard currency payments
...Click here
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Kazakhstan: Carlsberg Kazakhstan production capacity increased by 20%
...Click here
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Zimbabwe: Delta Corporation hikes beer prices by 25%
...Click here
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UK: Scottish breweries could face glass shortage this year
...Click here
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Graph of the Week
Table of the Week
South America Barley Production, Import, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 January
1714 - Typewriter patented by Englishman Henry Mill (built years later)
1782 - 1st US commercial bank, Bank of North America, opens in Philadelphia
1995 - Murray Newton Rothbard economist, dies of cardiac arrest at 69
08 January
1675 - 1st American commercial corporation chartered (New York Fishing Co)
1889 - Dr Herman Hollerith receives 1st US patent for a tabulating machine (1st Computer)
1964 - European Parliament accept Mansholt Plan
09 January
1799 - Income Tax introduced in UK
1843 - P Paul Leroy-Beaulieu, French economist is born
1848 - 1st commercial bank in San Francisco established
2007 - Apple CEO Steve Jobs unveils the first iPhone
Agenda
February 2019:
08 - 10: Finest Spirits 2019 (Munich, Germany)
08 - 11: HoReCa 2019 (Athens, Greece)
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
News Articles
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Canada: Barley export market continues to be very vibrant
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The Canadian barley export market continues to be very vibrant, with exports from August 1 – December 31 at 954,000 tonnes. This compares with 772,000 tonnes last year at this time and the five-year average of 519,000 tonnes, the CMBTC reported on January 9.
China continues to be the most dominant buyer, importing over 500,000 tonnes since August 1 of feed and malting barley, the majority being malting. Canada’s second largest customer was Japan (136,000 tonnes) and then Kuwait and the United Arab Emirates (UAE) (105,000 tonnes of feed barley).
There will be more sales executed through January forward and China remains a buyer of malt barley for positions April through the summer months, providing Western Canada has sufficient barley to market, the CMBTC analysts said.
Canadian malting barley sales now are primarily focused on the domestic market, which purchases roughly 900,000 tonnes per year, and the export market that is dominated by China. The United States (U.S.) market, which in the 2000s bought over 250,000 tonnes per year, has significantly cut its imports of Canadian barley in recent years. This past year, with the Buy America campaign, they were contracting virtually no malt barley from Canada.
...More info on site
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Canada, AB: SYC Brewing now open in Edmonton
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A new brewery and taproom with a focus on “good beer, good company, and great friends” is now open in Edmonton, the Canadian Beer News reported on January 3.
SYC Brewing has been founded by Andrea & Parker Pysyk and Richard Fyk, and is located at 11239 180th Street NW in the city’s Northwest Industrial District.
Open since December 24th, SYC currently has two beers available – SYC Saison and SYC IPA – both brewed using 100% Alberta malt.
The brewery’s official grand opening will be taking place in January 12th, with more beers available and food by Smokehouse BBQ.
SYC Brewing is open Wednesday to Sunday, with business hours varying by day.
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USA, CA: Great Change Brewing launches in Bakersfield
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Tucked away near the intersection of White Lane and Gosford, Great Change Brewing has officially opened its doors to the public in Bakersfield, KBAK/KBFX reported on January 7.
"We want to create an environment where people come down to just relax. This is a place that people can call their, their own Bakersfield craft brewery,” said Tim Belmont, one of the brewery’s co-owners.
Great Change has four inaugural beers on tap, with several more currently being developed.
The brewery has enlisted the help of award-winning Kern County brewer Kyle Smith, and is specifically focused on having a west coast inspired tap list.
"The west coast style is, you know, it's not complicated, it's simple. It's all about having balanced malt, balanced hot flavor and just big flavored beers,” Belmont said.
And those big flavors are already resonating with customers.
"I tried the pale ale, that was fantastic. The stout...really good,” said Gus Cristicini.
But as far as Belmont is concerned, Great Change's grand opening is just the first step, and he hopes that it can one day be a staple in the brewing world not just here in Bakersfield, but all around California
"This is going to be a production facility. So our idea is have this a
...More info on site
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Canada, AB: Bow River Brewing opens its doors in Calgary’s Manchester Industrial area
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A new brewery focused on producing “famous beer styles” has opened in Calgary’s Manchester Industrial area, the Canadian Beer News reported on January 4.
Bow River Brewing has been founded by Ian and Beatrice Binmore, and launched with retail beer sales in November, followed by its taproom opening in mid-December.
The brewery is currently offering four brands including Scared Rabbit Hoppy Pale Ale, Calgary Ale, Athabasca Wit, and RiverFest Lager.
Bow River Brewing is located at 5769 4th Street SE in Calgary, and is open from 12:00 noon to 6:00 PM Tuesday and Wednesday, and 12:00 noon to 7:00 PM Thursday to Saturday.
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USA, TN: Next Level Brewing Company aiming at spring opening
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Andrew Armstrong and Nathaniel Sears always knew they would work together. That mindset never changed, even after they graduated from South College brewing school in 2015 and went their separate ways to continue learning the craft — Armstrong, all the way to California, the Knoxville News Sentinel reported on January 4.
In fall 2017, an opportunity arose when Sears and Rick Cox reached out with a business plan for a brewery at 700 N. Broadway. Armstrong read it through.
"He literally packed up his life and moved here from Northern California to do this with us," Sears said. "We've come to a point where things have happened pretty fast here."
Armstrong, Sears and Cox — instructors at the Knoxville Brewing and Distilling Center — will create and serve the latest trending styles of beer and the ones each member of the trio enjoys to drink when they open Next Level Brewing Company in the spring.
"The goal is to really stay fresh with what the industry is doing," Armstrong said. "Right now, that is fruited sours, barrel-aged stouts and IPAs."
The name of the brewery comes from the path the brewers took to get to this point: learning the trade,
...More info on site
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USA, MN: Portage Brewing Company promises to be back after destructive fire
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A weekend fire that destroyed the Portage Brewing Company in Walker is under investigation, KFGO News reported on January 7.
The owners said on Sunday, January 6 that late Saturday night "a fire started and the entire brewery has been burned." A post on their Facebook page says "We will clean up the pieces, and we will be back."
No injuries were reported.
There's been an outpouring of support for Portage Brewing and the community on social media.
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USA, NY: Village board approves brewery proposal for Pittsford
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A first is coming to the Village of Pittsford. A proposed brewery won approval on Thursday, January 3, WHAM reported.
The village board approved it months after village trustees tried to stop it.
The vote was essentially the moment owners of the proposed brewery were waiting for. The decision gives them the okay to move forward with the next step in the project.
"I'm in awe, shocked right now, no idea this was going in this direction," said Hawley Brewing Company Co-Owner Clay Killian.
Excitement comes for Killian as he and his partners can now move forward with their idea to turn 50 State Street in Pittsford into the Hawley Brewing Company.
"We've done everything we could to adhere they were looking for," said Killian.
With all in favor, but one, the Pittsford Village Planning and Zoning Board of Appeals approved the project.
The plan slated along the Erie Canal had turned into a back and forth discussion between the board and applicant during the past year and half. That is how long it has been since it was first presented to town officials.
The idea is to use the 1500 square foot space at the Northfield Commons.
"I'm really looking forward to working with other businesses in the
...More info on site
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USA, NY: Hawley Brewing Co. to proceed with construction after board’s vote
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A proposed nano-brewery and tasting room along the Erie Canal in Pittsford will proceed after a decision by the village's Planning and Zoning Board of Appeals, the Rochester Democrat and Chronicle reported on January 4.
The board voted on January 3 to deny an appeal by the village trustees. It upheld a determination by the then-village building inspector that cleared the way for the Hawley Brewing Co. at 50 State St. near Schoen Place.
Village trustees voted by a 4-0 margin to appeal the building inspector's decision in October. Trustee Dan Keating abstained. The next step will be for the brewery to secure building permits, project attorney Don Young said.
Co-owner/head brewer Clay Killian couldn't hide his relief and excitement. He said they're looking forward to working with other businesses in the area.
"I'm in awe. I'm shocked right now," Killian said. "I had no idea that this was going to go in this direction. I'm very excited."
The proposed project would renovate an existing building and occupy less than 1,500 square feet at Northfield Commons. But the village currently has a moratorium on new construction projects as it works to update its comprehensive plan. The plan was last updated in 2002.
Both sides, Young
...More info on site
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USA, NY: The Patchogue Beer Project welcomes first public in Patchogue Village
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The most state-of-the-art micro brew operation on Long Island has just opened in Patchogue Village, the GreaterPortJeff reported on January 5.
The Patchogue Beer Project has been 2 1/2 years in the making.
“It’s such a great feeling,” said co-owner Mackenzie Dispirito, while tending to a packed bar during Saturday’s opening day. “Just that we’re part of the community now. We can’t wait to host events, fundraisers, and get everyone involved.
“Everyone loves good beer.”
There are no kegs at Patchogue Beer Project, and the entire brewing process is visible to the public, with the storage areas, mash tons, fermenters and vessels all behind glass.
The beer is piped from the fermenters and across the ceiling to the storage tanks, which then feed the taps. There are even two storage tanks built into the tasting room bar.
“It’s pretty amazing, actually,” said Dave Schultzer, the owner of Bellport Cold Beer & Soda and a pioneer in growing the popularity of craft beer on Long Island. “I’ve never seen anything like this in all the places I’ve ever been.”
Port Jeff Brewing Company owner Mike Philbrick is also involved in the project.
He heads the brewing operation and designed the brewing system, though he’s not the head brewer.
“This is
...More info on site
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USA, PA: The Appalachian Brewing Company closes location in Collegeville
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The Appalachian Brewing Company has announced it has closed one of its locations, PennLive.com reported on January 5.
ABC Collegeville located at 50 W. Third Ave. in Collegeville, Montgomery County closed in late December. The company said the closing was due to challenges and costs to keep the facility up to its standards. The company said it had hoped to reopen the facility this year but said that there were “too many hurdles” and the location will be closing for good.
The brewery was founded in 1997 in Harrisburg and has locations in Dauphin, Cumberland, Adams, Lancaster and Chester counties. Last year, the Appalachian Brewing Company opened two new locations, one in the Shippensburg area and the other one in the West Chester area.
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USA: Heineken to launch 7.5% ABV Tecate beer in the US
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Heineken will launch a 7.5% ABV Tecate beer in a single-serve 24oz can to capitalise on the sales growth of high-strength beers in US convenience stores, FoodBev.com reported on January 9.
Tecate Titanium is said to have a distinct flavour and aroma that is the result of “an obsessive and tireless brewing process that results in higher alcohol content and refreshing drinkability”.
Heineken said the brew enters a market segment where total 6.5%+ ABV products are growing 10.1% and singles cans are growing 11.6%.
Belen Pamukoff, Tecate brand director, said: “Titanium provides an opportunity to further expand the fast-growing Mexican category with a unique high-ABV option.
“Our core target, Hispanic c-store shoppers, are currently underserved by existing high-ABV options as they are 13% less likely to have purchased than the average shopper and have spent 30% less on the segment. We are offering a superior liquid at a competitive price point, in a segment our shopper target is familiar with.
“We see a gap in the market where most of the high-ABV options are non-beers, inferior beers, or hoppy craft beers. Titanium is bold, but it’s also highly refreshing.”
Heineken said the beverage aims to capitalise on the continuing growth of Mexican imports in the US.
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Brazil: Craft beer estimated to have grown by up to 30% last year
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Brazil’s craft beer segment maintained a good growth dynamics in 2018 despite the nation’s economy not improving as much as expected, NSC Total reported
...More info on site
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Australia: Barley crop could total up to 8 mln tonnes this year
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Australia’s barley crop had been 75% harvested by end November, H. M. Gauger GmbH said in their December report.
Local traders believe in a
...More info on site
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Zimbabwe: AB InBev’s Delta Beverages abandons plan to only accept hard currency payments
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Zimbabwe's largest brewing company Delta Beverages, part-owned by Anheuser-Busch InBev, said it has abandoned a plan to only accept hard currency payments to cope with a crippling shortage of US dollars, after the government intervened, ESM reported on January 5.
Delta Beverages announced on January 2 that it would only take payments in US currency and would no longer accept electronic dollars known as 'Zollars', or a quasi-currency known as 'bond notes', amid a severe shortage of hard currency in Zimbabwe.
However, the country's commerce minister said on January 3 that the government opposed the plan and Delta, 40% owned by Anheuser-Busch InBev, scrapped the plan following a meeting with senior politicians and reserve bank officials.
"Delta withdraws the notice to sell its products exclusively in hard currency, in the spirit of the multi-currency framework," Delta and Zimbabwe's reserve bank said in a joint statement late on January 3.
The reserve bank said it would endeavour to provide the foreign currency required to ensure that Delta continues to trade "on the current basis".
In a separate statement on January 4, Delta said shortages of its products, particularly soft drinks, would persist while the arrangement gets underway.
Zimbabwe's currency crisis is undermining President Emmerson Mnangagwa's efforts to
...More info on site
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Kazakhstan: Carlsberg Kazakhstan production capacity increased by 20%
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As a result of the modernization carried out in 2018, the production capacity in Carlsberg Kazakhstan's plant increased by 20 percent and new jobs were created, the Trend reported on January 8 citing the company CEO Victor Semak.
"Also, we launched a new keg filling line in 2018. The quality of water that we use to brew our beer plays a significant role in ensuring the high quality of our products - we extract the water from artesian springs with a depth of up to 300 meters," he noted.
Semak also added that over the past years Carlsberg Kazakhstan has been investing in and successfully implementing TPM lean production projects, consistently reducing the carbon footprint and water losses.
"Thus, since 2012, the company has managed to reduce its specific consumption of water by 51 percent, of thermal energy by 55.8 percent, and of electricity by 42.9 percent," the company CEO said.
It should be noted that in the first half of 2018, the share of Carlsberg Kazakhstan on the country's beer market increased by 3 percent year-on-year and amounted to 41.2 percent. The company has firmly established itself on the first place in the draft beer production and on the third place in the
...More info on site
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Zimbabwe: Delta Corporation hikes beer prices by 25%
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Zimbabwe’s largest brewer Delta Corporation hiked beer prices by 25 percent on January 7 citing high local costs, announcing the move days after it was forced to abandon another plan to accept only hard currency payments for its products, Reuters reported.
Like many companies in Zimbabwe, Delta, which is 40 percent-owned by Anheuser-Busch InBev, has been hit by an acute shortage of U.S. dollars, affecting its capacity to import inputs like concentrates and remit dividends to foreign shareholders.
Delta said it was still to make a decision on prices of soft drinks and other products.
“The adjustment to the wholesale price is meant to cushion against the significant increases in local costs, confirmed by the official inflation statistics,” Delta said in a statement.
Annual inflation soared to a 10-year high of 31.01 percent in November after prices of basic goods spiked.
Zimbabwe has experienced a shortage of soft drinks and beer since November with shops limiting quantities, while some businesses tripled prices to take advantage of the shortages.
Delta said last week it had abandoned a plan to accept only hard currency payments to cope with a crippling shortage of U.S. dollars, after the government intervened.
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UK: Scottish breweries could face glass shortage this year
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The Brewers Association of Scotland has warned that breweries may face a glass shortage when two furnaces close for renovation works, in a position reminiscent the carbon dioxide shortage caused by production facilities closing to be refurbished earlier this year, the Herald Scotland reported on January 8.
Scott Williams, who is Williams Bros' managing director and also TBAS chair, said: "Scottish brewers have continued to thrive as a community.
"We always outperform at beer tastings and competitions and we seem to be managing to keep going with that which is great.
"In terms of what’s happening in the year ahead there are some challenges because there is not enough glass being made in the UK."
Scottish capital-based Innis and Gunn has reported a "transformational" year as it shifted a focus onto lager then announced plans for a new brewery in 2019 and Alloa-based Williams Bros will switch on new machinery that will up output by about 50 per cent.
It comes after Scottish Food and Drink said brewers north of the border must move to protect their market position.
Dougal Sharp, founder of Innis and Gunn, hailed its £20 million brewery plans but also saluted the coming of age of craft lager.
He said: "I think you
...More info on site
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