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E-Malt.com Newsletter 18a
April 29 - May 02, 2013
Quote of the Week
"The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will."
Vince Lombardi
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Currency Rates
Base Currency: US Dollar
on May 02, 2013 |
Base Currency: Canadian Dollar
on May 02, 2013 |
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1 USD = 0.7585 EUR
1 USD = 0.6429 GBP
1 USD = 1.0071 CAD
1 USD = 0.9674 AUD
1 USD = 97.3601 JPY
1 USD = 2.0080 BRL
1 USD = 31.2176 RUB
1 USD = 6.2135 CNY
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1 CAD = 0.9931 USD
1 CAD = 0.6385 GBP
1 CAD = 0.7533 EUR
1 CAD = 0.9608 AUD
1 CAD = 96.6881 JPY
1 CAD = 1.9941 BRL
1 CAD = 31.0021 RUB
1 CAD = 6.1706 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Belgium & USA: AB InBev banking on premium beers to counter America’s sluggish beer industry
...Click here
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Canada, ON: Brick Brewing Co. releases its financial results for the fourth quarter and year end of fiscal 2013
...Click here
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USA: Constellation Brands planning to sell $1.55 bln of debt to finance the purchase of stake in Crown Imports and Modelo’s Piedras Negras brewery
...Click here
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USA, MI: Bell’s Brewery to open new facility in Michigan’s Upper Peninsula
...Click here
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USA, OR: Widmer Brothers Brewing releases Kill Devil Brown Ale
...Click here
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Canada, ON: Cameron’s Brewing to release Obsidian Imperial Porter
...Click here
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USA, PA: Penn Brewery to ship Pumpkin Roll Ale in July
...Click here
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Canada, ON: Big Rig Brewery to launch Iron Arse Ale
...Click here
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USA, CA: Golden Road Brewing to have a series of soft-launch events
...Click here
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Canada, BC: Lighthouse Brewing to launch two new limited edition beers
...Click here
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USA, OR: Breakside Brewery to release new beers for their third anniversary party
...Click here
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USA, TX: Saint Arnold Brewing Co. to release Icon Green
...Click here
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World: AB InBev’s Q1 profits up in spite of falling sales volumes
...Click here
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China: Tsingtao Brewery reports 8.3% in Q1 net profit
...Click here
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Germany: Beer sales drop in January - March to the lowest in at least 20 years
...Click here
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Japan: Kirin Holdings sees increase in Q1 net profit due to sale of stake in Fraser & Neave
...Click here
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EU: Malting barley premiums expected to remain strong
...Click here
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France: Barley plantings lower this year, winter-spring barley balance forecast to be closer to the 15-year average in 2013
...Click here
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Australia & New Zealand: Lion’s 14% increase in beer sales in December quarter due to international brands formerly distributed by Foster’s
...Click here
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Australia: Coopers brewery reaching out to more drinkers across Australia
...Click here
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Australia: NSW Farmers Association calling for inquiry into sale of GrainCorp to ADM
...Click here
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Malaysia: Carlsberg Brewery Malaysia to keep its beers prices stable this year
...Click here
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Costa Rica: Craft beer sector ready to welcome new players
...Click here
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Graph of the Week
Table of the Week
Austria Brewing Industry 1980-2012
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
Progress in analytics
ABSTRACT
Using HPLC to measure the content of alpha acids and iso-alpha acids is the standard in most breweries but also in institute laboratories. These Czech researchers did an extensive comparison of the current HPLC methods against the use of UHPLC (Ultra High Performance Liquid Chromatography). They found that besides an economic benefit (reduction of time, energy and organic solvents as a result of significant analysis
time reduction) this method affords measurement with lower variance of results.
Read more
Source: Barth Innovations
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These Days in Business History
April 29
1813 Rubber is patented
1913 Swedish engineer Gideon Sundback of Hoboken patents all-purpose zipper
1977 British Aerospace forms
April 30
1506 Philip of Bourgondy and England sign trade agreement
1939 NBC/RCA 1st public TV demo with Franklin D. Roosevelt at opening of New York World's Fair
1995 Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users
May 01
1876 The Amsterdam Stock Exchange Association (Vereniging voor de Effectenhandel) is created by 465 Dutch brokers; from now on, only members of the association are allowed to trade on the exchange
1878 The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1972 Economist Milton Friedman rings the opening bell at the Chicago Mercantile Exchange to inaugurate the world's first day of trading in foreign-currency futures
May 02
1896 The Dow Jones Industrial Average is first published
1913 William R. Hewlett, co-founder of Hewlett-Packard Co., is born in Ann Arbor, Mich.
Agenda
May 2013:
16-01 June: The Czech Beer Festival 2013 (Prague, the Czech Republic)
22-25: Pivo (Beer) 2013 (Sochi, Russia)
23-25: Copenhagen Beer Festival 2013 (Copenhagen, Denmark)
24-26: The Annual International Beer Festival Latviabeerfest 2013 (Riga, Latvia)
26-30: European Brewery Convention 2013 (Luxembourg)
29-02 June: Mondial de la Biere (Montreal, Canada)
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
16-20: Drinktec 2013 (Munich, Germany)
21-06 October: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30-01 November: The Latin American Barley Congress(Bahia Blanca, Argentina)
More events are available on site www.e-malt.com
News Articles
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Belgium & USA: AB InBev banking on premium beers to counter America’s sluggish beer industry
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Anheuser-Busch InBev NV is pushing premium twists to its beer, from margarita flavors to a stronger version of Budweiser, as it looks for the
...More info on site
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Canada, ON: Brick Brewing Co. releases its financial results for the fourth quarter and year end of fiscal 2013
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Brick Brewing Co. Limited, the largest Canadian owned and Canadian based publicly held brewery in Ontario, released on April, 25 its financial results for the fourth quarter and year ended January 31, 2013.
The company achieved a record annual EBITDA of C$4.49 mln on revenue of C$35.8 mln. This strong financial performance is the product of a stable base business on the Laker family of value beers bolstered by the double-digit growth of Waterloo Brewing Co. and Seagram. Success securing co-packaging agreements with other beverage alcohol manufacturers continued to leverage our available operating resources and improved the profitability of the overall business.
"We work hard at running a great company," said Russell Tabata, Chief Operating Officer. "Brick Brewing is the only regional brewer in Canada to be certified under the Global Food Safety Initiative, the highest standard of food safety in the world. We recently invested in a state-of-the-art canning line that will only improve productivity and quality further still. Last year we introduced a craft brewing division, Waterloo Brewing Co., and a family of refreshing, spring water coolers and pure apple cider under the Seagram brand. Our brewing team introduced an impressive wave of new products to the Ontario market
...More info on site
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USA: Constellation Brands planning to sell $1.55 bln of debt to finance the purchase of stake in Crown Imports and Modelo’s Piedras Negras brewery
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Constellation Brands Inc. is planning to sell $1.55 billion of debt in two parts to help fund its path to becoming the sole U.S.
...More info on site
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USA, MI: Bell’s Brewery to open new facility in Michigan’s Upper Peninsula
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Bell’s Brewery will continue to fortify its brand with a new facility in Michigan’s Upper Peninsula, brewbound.com reported on April, 25.
The Kalamazoo-based brewery announced its purchase of a 3.16 acre lot in Escanaba, Mich. The Escanaba City Council approved the purchase, which will function as the home of Upper Hand Brewery, a new division of Bell’s Brewery that will brew and bottle a variety of beers for distribution across the U.P. and adjacent northern states.
“Escanaba has all the resources anyone opening a business would want to have,” Larry Bell, founder and president of Bell’s Brewery, said. “I see a lot of potential for continued development. It’s a good place for Bell’s to be.”
The purchase is part of a company-wide $15 mln investment and the new brewery will employ five people. The construction, which will be handled by local contractors and suppliers, and equipment will cost about $2.5 mln and will be completed in about 18 months. New beer recipes have already been brewed at the Kalamazoo brewery and served at the adjacent Bell’s Eccentric Café.
After visiting the Escanaba area in March, Bell said that he was drawn by its central location and the cooperation from local government and business leaders.
...More info on site
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USA, OR: Widmer Brothers Brewing releases Kill Devil Brown Ale
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Portland, Oregon-based Widmer Brothers Brewing has launched Kill Devil ’13 to its Brothers’ Reserve series, Shanken News Daily reported on April, 26.
The brew is available for a limited time on draft and in 22-ounce bottles ($12.99 each).
Kill Devil Brown Ale is an imperial brown ale that has been brewed using two types of molasses and palm sugars. It is then aged in rum barrels that have been sourced from Distilería Serrallés in Puerto Rico.
In addition to a 2012 edition of Kill Devil, the Brothers’ Reserve series has also included Raspberry Russian Imperial Stout ’13, Chocolate Russian Imperial Stout ’13 and SXNW: South by Northwest, among others.
Part of Craft Brew Alliance, Widmer Brothers also produces Rotator IPA Series, Drifter Pale Ale, Pitch Black IPA, Nelson Imperial IPA and a full four seasonal line-up.
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Canada, ON: Cameron’s Brewing to release Obsidian Imperial Porter
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Cameron’s Brewing announced details of the next release in its Oak Aged Series of limited edition barrel aged beers, Canadian Beer News reported on April, 25.
Obsidian Imperial Porter is a 9.2% porter aged for seven months in Caribbean rum barrels.
Obsidian Imperial Porter will be released in early May in a limited run of 650 ml bottles which will be available at the Cameron’s retail store and select LCBO locations.
Cameron’s will also be hosting events at Toronto pubs The Rhino, Allen’s and C’est What to celebrate the launch.
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USA, PA: Penn Brewery to ship Pumpkin Roll Ale in July
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On the heels of their successful winter seasonal, Penn Nut Roll Ale, Penn Brewery is preparing to launch Penn Pumpkin Roll Ale, slated to ship in July 2013, beerpulse.com reported on April, 29.
This deep orange-colored ale is made with real pumpkin puree. Lactose sugar lends creaminess to this flavorful beer.
“That little bit of creaminess is what sets Pumpkin Roll Ale apart from other pumpkin beers,” said Andrew Rich, head brewmaster at Penn Brewery.
Pumpkin Roll Ale has 6% ABV and 21 IBUs. It will be available in 12 oz. bottles and on draft.
Penn Brewery, opened in 1986, is Pittsburgh’s oldest and largest brewery. It specializes in award-winning German-style craft beers sold in Pennsylvania, New York, Massachusetts, Ohio, Georgia, Maryland, Virginia, and Florida. The Brewery is located in Deutschtown on Pittsburgh’s North Side, in the mid nineteenth-century landmark E&O Brewery Building.
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Canada, ON: Big Rig Brewery to launch Iron Arse Ale
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Big Rig Brewery announced details of a new limited edition beer that is being offered in support of Ride For Dad, a series of motorcycle runs taking place across the country to raise funds and awareness for prostate cancer research, Canadian Beer News reported on April, 25.
Iron Arse Ale is a 5% abv pale ale that was scheduled for release at Big Rig on Wednesday May 1st and is planned to be available in growlers and on tap throughout the month, leading up to the Ottawa edition of Ride For Dad on June 1st.
Limited edition Ride For Dad growlers of Iron Arse Ale can be reserved online now for C$20 plus a small booking fee.
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USA, CA: Golden Road Brewing to have a series of soft-launch events
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Golden Road Brewing is doing something right. In the blink of an eye the operation became LA's largest craft brewery, and the first in the area to put their brews in cans, sfweekly.com reported on April, 25.
The crew has colonized Los Angeles, garnering a reputation as the fastest growing craft brewery in the country.
While Golden Road will eventually see full-scale distribution throughout the Bay Area, the brewery is dipping its toe into the pool with a series of soft-launch events. For starters, the group has hand-picked a few local establishments to carry their products. Those watering holes include City Beer Store, Toronado, Whole Foods Market Potrero, Abbot's Cellar, Monk's Kettle, and Dark Horse Inn. These locations will stock Golden Road's flagship Point the Way IPA and a smattering of other limited brews, including Wolf Among Weeds Double IPA, Golden Road Berliner Weisse, and It's Not Always Sunny in LA Black IPA.
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Canada, BC: Lighthouse Brewing to launch two new limited edition beers
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Lighthouse Brewing announced two beers that proved popular as part of the weekly one-off growler series will be returning in larger runs next month, Canadian Beer News reported on April, 25.
Lighthouse Maibock – a 6.75% lager and Lighthouse 3 Weeds – a 7.5% Belgian-style wit made with coriander and ginger – will both be released in 650 ml bomber bottles in early May.
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USA, OR: Breakside Brewery to release new beers for their third anniversary party
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Breakside Brewery will be throwing a huge block party for their third anniversary on Saturday, May 18.
The party will be at their NE Dekum brewpub and will feature special release beers. To celebrate the big day, they will be pouring from all the draft lines inside plus an addition 8-10 beers outside.
As has become tradition here, the brewery will be releasing an equal number of beers as they are years old. So three years of business means three special anniversary beers. Ben’s anniversary ale is the brewery’s first foray into the world of meat beers. Duck Duck Drunk Porter is a chocolate porter made with over 100 Muscovy ducks that were sourced through wild game supplier Nicky Farms. Senior brewer Sam Barber, who joined Breakside in year two, has crafted a HopfenWeisse. Finally, Jacob Leonard and Andrew Horne, who have joined the brewery in the last year, are releasing a Blood Orange Cascadian Dark Ale. Other drafts will include special barrel-aged releases, several beers from the beer “library” as well as the normal line-up of Breakside drafts.
As a party plus, bottles of two special barrel aged beers will be released. Bourbon Barrel-Aged Aztec is the brewery’s most popular
...More info on site
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USA, TX: Saint Arnold Brewing Co. to release Icon Green
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Saint Arnold Brewing Co., the oldest craft brewery in Texas, announced on April, 29 the upcoming release of Saint Arnold Icon Green, the latest in the brewery’s line of rotating beers that complement the brewery’s year-round and seasonal offerings.
Saint Arnold Icon Green is an Amarillo hefeweizen inspired by a recipe developed three years ago by Saint Arnold Brewer Sam Wright as a wedding gift for his sister and brother-in-law.
A new Saint Arnold Icon beer is released every three months or so, depending on how quickly supplies are exhausted. Saint Arnold Icon Green was pushed up on the calendar due to strong demand for Saint Arnold Icon Blue, a Cascadian Dark Ale. As the brewery continues to experiment, some Icon styles are expected to be replaced from one year to the next while other styles may return.
The beer is referred to as Icon Green because of its striking metallic green and black label. It will be available in 4-packs of 12 ounce bottles and on tap in bars and restaurants throughout Texas and Louisiana beginning later this week.
Upcoming beers in the Saint Arnold Icon line include a Bohemian Pils, scheduled for release around September, and Saint Arnold Icon Red, a
...More info on site
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World: AB InBev’s Q1 profits up in spite of falling sales volumes
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Anheuser-Busch InBev NV, the world's largest brewer, said earlier this week that its profits rose in the first quarter in spite of falling sale
...More info on site
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China: Tsingtao Brewery reports 8.3% in Q1 net profit
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Tsingtao Brewery Co Ltd reported an 8.3 percent rise in first-quarter net profit as warmer weather fuelled beer consumption and demand for premium products
...More info on site
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UK: First-quarter beer sales decline 2.9%
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UK beer sales fell 2.9 per cent in the first quarter of 2013, according to the British Beer & Pub Association’s quarterly Beer Barometer,
...More info on site
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Belgium: Beer exports up 5.4% in 2012
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Belgian beer exports amounted in 2012 to 11,686,312 hl, which represents 60% of the nation’s total beer output and a 5.4% increase on 2011,
...More info on site
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Germany: Beer sales drop in January - March to the lowest in at least 20 years
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German beer sales dropped to 1.99 billion litres in the first quarter, the lowest amount in at least 20 years, according to the Federal
...More info on site
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Japan: Kirin Holdings sees increase in Q1 net profit due to sale of stake in Fraser & Neave
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Kirin Holdings Co. said on April, 26 that it’s swung into a massive net profit for the fiscal first quarter ended March from the
...More info on site
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EU: Malting barley premiums expected to remain strong
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Malting barley premiums look set to remain strong thanks to the spring plantings setbacks rendering North American brewers "nervous", and seen sparking a sharp
...More info on site
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France: Barley plantings lower this year, winter-spring barley balance forecast to be closer to the 15-year average in 2013
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With this year’s barley-planted area declining to 1.63 mln ha, France’s total barley output is forecast to decline as well, to 10.68 mln tonnes,
...More info on site
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Australia & New Zealand: Lion’s 14% increase in beer sales in December quarter due to international brands formerly distributed by Foster’s
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Australia’s second-largest beer maker Lion has reported a 14 per cent increase in beer sales for the December quarter, thanks to the international brands
...More info on site
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Australia: Coopers brewery reaching out to more drinkers across Australia
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After more than 150 years of dominating brewing in its home state of South Australia, the family owned Coopers is now reaching out to more drinkers in other states than ever before with New South Wales poised to become Coopers’ largest domestic market, The Sydney Morning Herald reported on May, 1.
It comes as the brewer consolidates its position in the eastern states and leverages off a string of licensing deals struck with international brewers to distribute popular foreign beers including Carlsberg, Sapporo, Kronenbourg 1664 and Mythos.
Coopers said on May, 1 that in January Coopers’ beer sales in NSW topped those of its home state for the first time.
‘‘While the result was not repeated in February, March or April, there was no doubt that NSW would quickly overtake South Australia on a regular basis,’’ Coopers’ chairman Glenn Cooper said.
“On a year to date basis (July to April), South Australia accounts for 29 per cent of Coopers’ total sales compared with almost 26 per cent for NSW,” he said. “However, the gap is narrowing quickly.’’
It is also believed that some Coopers sales in Queensland are for the NSW market.
He said January was the first month that more Coopers beer was sold in
...More info on site
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Australia: NSW Farmers Association calling for inquiry into sale of GrainCorp to ADM
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The NSW Farmers Association is calling for a federal inquiry into the sale of east coast grain handler GrainCorp to US giant Archer Daniels Midland (ADM), World-grain.com reported on April, 29.
GrainCorp handles over three-quarters of the grain grown in eastern Australia and directly sells half of the wheat exported from NSW.
GrainCorp directors have accepted a takeover bid from Archer Daniels Midland of A$3.4 billion dollars, after rejecting lesser offers from the American company.
ADM says if the offer proceeds the deal with help "connect Australia's growers with growing global demand for crops and food, particularly in Asia and the Middle East".
ADM has a Sydney office which services Australia, the Pacific and South East Asia.
They operate in 140 countries.
They produce a range of specialty food and feed ingredients made from corn, soy, wheat and cocoa.
They own a stake in Wilmar International Limited, a big Asian processing business and operates palm plantations, crushing facilities for various types of oilseeds, vegetable oil refineries and packaging facilities, plants that produce oleo chemicals, soy proteins and fertilisers, and multiple wheat and rice milling facilities.
The question for growers is will ownership by ADM benefit the Australian industry in any way?
Grains analyst Paul Jenz isn't worried. He thinks
...More info on site
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Malaysia: Carlsberg Brewery Malaysia to keep its beers prices stable this year
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Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) said there will be no more price hikes for its line of beer this year, following an increase announced earlier this month, its managing director Soren Ravn was quoted as saying by The Sun Daily on April, 29.
"It was a small price increase in line with inflation, less than 3% and has been communicated to the outlets…there will be no more increases for this year," he told reporters after its AGM on April, 26.
Ravn said there are also no plans to introduce more premium brands into the market in the near term as the brewer intends to focus on the growth of its current portfolio.
"Our premium brands (numbers) are very small compared with our competitor but they are growing fast. We don't want to bring in too many premium brands because we don't want to dilute the market with too many small brands. There is no immediate plan or need to bring in new premium brands," he said.
Ravn said the premium beer segment was a key contributor to its financial results with a significant growth in sales from locally produced Asahi Super Dry and Kronenbourg 1664.
He said its increasing market share in the
...More info on site
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Costa Rica: Craft beer sector ready to welcome new players
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The craft beer industry is growing throughout the world. It makes up about 15% of the volume of beer brewed and around 17% of the volume if based in dollars. In Costa Rica, too, this is a great industry in which to get involved, The Costa Rican Times reported on April, 29.
Right now in Costa Rica there are only 3 current craft breweries. Costa Rica Craft Brewing has been operating since 2012 out of Cartago. Restaurant-breweries Volcano Brewing (Arenal) and Bribri Springs (Caribbean) can only sell at their headquarters.
Treintaycinco, Calle Cimarrona, PerroVida, Pezuña negra y Perra Hermosa are on the verge of getting their paperwork pushed through to start business soon.
Treintaycinco (Escazu), which plans to start with 4000 litres per month and Calle Cimarron (The Yoses) plans to start production with 600-800 litres, it is reported.
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