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E-Malt.com Newsletter 28a
July 08 - July 10, 2013
Quote of the Week
"I feel wonderful, drinking beer in a blissful mood, with joy in my heart and a happy liver."
Sumerian inscription, 3000 B.C.
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Currency Rates
Base Currency: US Dollar
on July 10, 2013 |
Base Currency: Canadian Dollar
on July 10, 2013 |
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1 USD = 0.7787 EUR
1 USD = 0.6711 GBP
1 USD = 1.0548 CAD
1 USD = 1.0927 AUD
1 USD = 101.0960 JPY
1 USD = 2.2667 BRL
1 USD = 33.0989 RUB
1 USD = 6.1830 CNY
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1 CAD = 0.9482 USD
1 CAD = 0.6364 GBP
1 CAD = 0.7384 EUR
1 CAD = 1.0361 AUD
1 CAD = 95.8633 JPY
1 CAD = 2.1493 BRL
1 CAD = 31.3858 RUB
1 CAD = 5.8630 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Malting barley premiums over feed barley increase
...Click here
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Canada, NS: Boxing Rock Brewing opened in Nova Scotia
...Click here
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Canada, NB: Northampton Brewery to expand by opening a larger brewery
...Click here
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Canada, QC: La Barberie to launch new limited edition series
...Click here
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World: Despite declining per capita beer consumption in traditional markets, global beer industry is benefiting from growth in demand for craft and foreign-label beers
...Click here
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World: Beer business reports mostly negative for past months
...Click here
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Denmark & Africa: Carlsberg giving Africa a closer look
...Click here
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The Czech Republic: Plzensky Prazdroj reports Kc3.481 bln pre-tax profit for last FY
...Click here
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World: Worldwide supply of barley likely to be in surplus
...Click here
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Mercosur: Barley acreage lower in Argentina, Uruguay and Brazil plantings delayed by rains
...Click here
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UK: Winter malting barley growers advised to secure good buyback contracts
...Click here
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France: Beer industry suffering from tax hike implemented earlier this year
...Click here
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India: Diageo completes acquisition of stake in United Spirits Ltd.
...Click here
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Graph of the Week
Table of the Week
Spring Barley Crop and Malting Barley Selection
in Europe's Major Spring Barley Producing Nations - Forecast
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
Scientific Digest
The mystery of glycosidically bound hop aroma compounds and their sensory contribution
ABSTRACT
Only a few studies so far have looked into the flavour potential of glycosidcally bound hop aroma compounds in the case of release of aglycones. These US researchers did an extensive study looking into the effect of enzyme hydrolysis, the use of different yeast strains, acid hydrolysis, as well as different sample preparation methods. Depending on the different treatments, the amount of Linalool, Terpineol, Citronellol, Geraniol, Damascenone, Nerol and also Eugenol increased and significantly influenced the sensory attributes of the beers (mainly herbal, tea, citrus, fruity, piney). In conclusion, CO2 extraction proved to be an effective sample preparation, ale yeast liberate more aroma than lager yeasts, enzymatic treatments depend on the relevant compounds, and acid hydrolisis is very effective.
Read more
Source: Barth Innovations
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These Days in Business History
July 08
951 Paris is founded
1497 Portuguese navigator Vasco da Gama sets sail from Lisbon in search of a sea route to India
1796 U.S. State Department issues 1st American passport
1870 Congress authorizes registration of trademarks
July 09
1815 1st natural gas well in U.S. is discovered
1875 The Bombay Stock Exchange is founded in Bombay (now Mumbai), India
1953 1st helicopter passenger service, New York City
1957 Announcement of discovery of atomic element 102 - nobelium
July 10
1933 1st police radio system operated, Eastchester Township, New York
1949 1st practical rectangular TV tube announced-Toledo, Oh
1958 1st parking meter installed in England (625 installed)
Agenda
News Articles
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USA: AB InBev – five years after the merger
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Five years ago this week, Anheuser-Busch Cos. agreed to be acquired by Belgian brewer InBev, creating the world’s largest brewer and setting off ripples
...More info on site
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Canada: Malting barley premiums over feed barley increase
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Malting barley premiums in Canada look like following those in France lower, RMI Analytics said on July, 5, citing disease as the main risk
...More info on site
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USA, PA: Two Rivers Brewing Co. to open by fall
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Two Rivers Brewing Co. in Easton, Pennsylvania is confident its brewery will open this fall, Leigh Valley Live reported on July, 7.
Work should begin within three weeks and be completed within four to six weeks, co-owner Troy Reynard said. The brewery is scheduled to officially open in early fall, offering premise-made drafts.
"We're really excited to get to this phase," Reynard said. "It's taken us way longer to get the brewery opened than we thought."
Along with the brewery comes Wayne Milford. He is a former head brewer at the Delaware-based Dogfish Head Craft Brewery Inc., and will be putting to use his degree in intensive brewing science and engineering from the American Brewers Guild in designing regionally inspired beers at Two Rivers.
He is bringing a few new recipes to deliver local craft beers to drinkers. A few of Two Rivers' flagship beers are going to be Pine Street Blonde, a Belgian-style blonde; Banker's Brown, an American brown ale; and Getter's Island, an American pale ale.
Milford is adding a fourth flagship beer, a pre-Prohibition-style pilsner that pays homage to the old breweries.
"I think it's really important to remember the past and keep the past present," he said.
Milford, a Kingwood Township native,
...More info on site
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USA, MI: Latitude 42 Brewing to open in Portage
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Scott Freitas, the head brewer of Latitude 42 Brewing has been brewing beer for more than 20 years and relocated from Maui Brewing Co. in Hawaii last August to help start up Portage's first microbrewery, slated to open in late July, Kalamazoo Gazette reported on July, 8.
"I'm not at the beach every day and I'll miss the weather, warm water and the aloha spirit but I brought my aloha spirit," said Freitas, 43, who has also worked at Steelhead Brewing Co. and Wild Duck Brewing Co., both in Eugene, Ore., in the past. "I'm going to brew my beers with aloha; we need happy beer."
A savvier craft beer community trumped tropics for Freitas, who had been overseeing a crew of 15 brewers in Maui and producing more than four times the amount of beer Latitude 42 plans to barrel this year.
The microbrewery replaces a vacant business and garage on a 1.2-acre parcel. The microbrewery is called Latitude 42 for the 42nd parallel north that passes through the area.
Builders of the microbrewery installed long slabs of granite for a bar and hand-crafted tulip wood panels for booth benches for the restaurant. The establishment will seat about 200 people; feature an
...More info on site
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Canada, NS: Boxing Rock Brewing opened in Nova Scotia
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Boxing Rock Brewing was launched on Saturday, June, 6 in Shelburne, Nova Scotia, Canadian Beer News reported on June, 8.
Partners Emily Tipton and Henry Pedro debuted Boxing Rock at Shelburne Farmers Market and the brewery’s own retail store with 1 litre and 1.89 litre growlers of Temptation Red Ale, a 6% abv ale.
Boxing Rock will be open for retail sales from Monday to Saturday, with growlers of Temptation available now, and bottles to follow soon.
Temptation is also available on tap at several bars and restaurants in the Shelburne area, and Boxing Rock will soon be offering two additional brands – Hunky Dory Pale Ale and The Vicar’s Cross Double IPA – for both retail and keg sales.
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Canada, NB: Northampton Brewery to expand by opening a larger brewery
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Northampton Brewery, the company better known for its Picaroons Traditional Ales brand, is planning a major expansion into an historic building in Fredericton’s north side area, Canadian Beer News reported on July, 10.
The company has purchased the Gibson Roundhouse, a former railway roundhouse on Union Street in Fredericton, NB, Canada from the city for C$100. Owner Sean Dunbar says that Picaroons will invest several million dollars in building a new brewery in the building, along with “a community meeting space, an historic interpretation centre, public parking and washrooms for those using the north side trail.”
The Picaroons Brewtique retail store and small brewery in downtown Fredericton will remain open after the new brewery is up and running.
The brewery is set to open in 2014.
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USA, CA: Telegraph Brewing to expand
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Telegraph Brewing Company announced that construction already began in order to add a new brewery in Santa Barbara, California, Brew Bound reported on July, 9.
Moving from their current 3,000-sq-ft facility to a 10,000-sq-ft building immediately next door will enable Telegraph to dramatically increase production.
“This is an expansion that has been in the works for a long time,” said director of brewing operations Scott Baer. “We’re overdue for increasing capacity and expanding our tasting room, but finding the right building to grow into took a very long time.”
The new production facility will enable Telegraph to both expand sales in their current markets throughout California, Chicago, and Philadelphia, and broaden distribution to markets in several different regions of the country.
“Demand for our beer has outstripped supply for some time,” said owner Brian Thompson. “The new facility will enable us to meet demand for our core products and give us the capacity to have fun with our limited-release specialty-beers like our Reserve Wheat Ale and Rhinoceros Ryewine.”
Working with architect Daniel Johnston of Santa Barbara-based Architecture J.A., Telegraph is renovating a World War II-era Quonset hut in downtown Santa Barbara. Johnston’s plan calls for replacing the building’s existing façade with a translucent polycarbonate curtain
...More info on site
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Canada, QC: La Barberie to launch new limited edition series
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Quebec City brewing collective La Barberie has launched a new series of limited edition beers, Bières et Plaisirs reported on July, 9.
Nelson Sauvin Pale Ale is the first release of the series. It’s a 6.5% copper ale that was brewed using its namesake hops from New Zealand, and is available in a strictly limited edition of 3500 x 500 ml bottles.
Future beers in the series will similarly be limited to 1750 litre batches available exclusively in 500 ml bottles at select retail outlets in Quebec.
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 UK: Domestic demand for malt increases
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With exports for UK malt having decreased in 2011/12 and production increasing, this is a sign that the domestic market is increasing its demand
...More info on site
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World: Despite declining per capita beer consumption in traditional markets, global beer industry is benefiting from growth in demand for craft and foreign-label beers
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Despite declining per capita beer consumption and relatively flat volume growth across traditional North American and European markets, the global beer manufacturing industry benefited
...More info on site
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World: Beer business reports mostly negative for past months
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Beer business reports were mostly negative during the past months, industry observers reported earlier in July.
Plato estimated that the West European beer output
...More info on site
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Denmark & Africa: Carlsberg giving Africa a closer look
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As part of its plans to expand outside of its core markets, Carlsberg is eyeing Africa as its next growth market, The Copenhagen Post
...More info on site
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The Czech Republic: Plzensky Prazdroj reports Kc3.481 bln pre-tax profit for last FY
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Plzensky Prazdroj, the biggest Czech beer maker, made a Kc3.481 bln pre-tax profit in the past financial year and its sales reached Kc13.528 bln,
...More info on site
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World: Worldwide supply of barley likely to be in surplus
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Reports from growing regions around the world suggest that, unless there is at least one major weather event, the worldwide supply of barley is
...More info on site
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Mercosur: Barley acreage lower in Argentina, Uruguay and Brazil plantings delayed by rains
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Barley acreage is lower in Argentina this year - estimates vary from 1.3 to 1.5 mln ha vs. 1.65 mln last year, industry analysts
...More info on site
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UK: Winter malting barley growers advised to secure good buyback contracts
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Winter malting barley growers are advised to secure a good buyback contract to protect their margins when purchasing seed for the new season, Farming.UK
...More info on site
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UK: Barley crop reported mostly as good/excellent
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The UK spring barley crop is 78% good/excellent, according to the latest ADAS Crop Development Report, with 6% reported as poor or very poor.
...More info on site
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France: Beer industry suffering from tax hike implemented earlier this year
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Since January 2013, French beer prices have increased by 14%, but beer sales, on their part, declined by 15% in the HoReCa sector and
...More info on site
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UK: Malting barley approved lists updated
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The suitability of malting barley varieties for brewing, malt distilling and grain distilling has been discussed at the spring meeting of the Malting Barley Committee, as reported by HGCA.
Moonshine and Odyssey have been promoted to Full Approval for malt distilling use and Venture to Full Approval for brewing use.
Odyssey, Archer and Overture have been moved to Provisional Approval 2 for brewing use and Overture also has Provisional Approval 2 for malt distilling.
The winter variety Talisman (for brewing use) and the spring varieties Sanette (for brewing use) and Glassel (for malt distilling) have been granted Provisional Approval 1 and added to the Approved List.
Chronicle, Shuffle, Quench and Winsome have been removed from the Approved List and Optic has been removed for brewing use.
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India: Diageo completes acquisition of stake in United Spirits Ltd.
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United Spirits Ltd. (USL) said Diageo plc. had completed the acquisition of 21,767,749 equity shares of Rs.10 each or 14.98 percent voting rights of USL at a price of Rs.1,440 apiece for a total consideration of 3,134.56 crore, RTT News reported on July, 5.
The acquisition involved the sale of 11.502 percent of the share capital of USL In the aggregate by United Breweries (Holdings) Ltd. (UBHL), and its wholly owned subsidiary, Kingfisher Finvest India Ltd., and the sale of 3.47 percent of the share capital of USL by its subsidiaries, UB Sports management Overseas Ltd. and Palmer Investment Group Ltd. to Relay B.V., an indirect wholly-owned subsidiary of Diagro, and the sale by SWEW Benefit Company of its shareholding in USL to Relay B.V.
The company's board deferred the sale of 3,459,090 shares or 2.38 percent stake held by USL Benefit Trust to Relay, of which the company is the beneficiary, as certain conditions for the sale of these shares were not currently satisfied. However, the terms of the sale of such shares by USL Benefit Trust to Relay will continue to be governed by the terms of the Share Purchase Agreement.
Following the same, Diageo holds 36,359,192 shares representing 25.02 percent
...More info on site
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Cameroon: Beer consumption up 4.9% in 2012
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Beer consumption increased by 4.9% in Cameroon last year, with more than 60.05 mln hl drunk by the population, Investir au Cameroun reported on July, 5.
The country’s beer market is controlled by three major players: Société anonyme des brasseries du Cameroun (Sabc), holding 82.2% of the market; Guinness Cameroun with a market share of 15%; and l’Union camerounaise de brasseries (Ucb), owned by a local businessman Kakji Defosso and claiming the rest of the market.
Sabc’s market share declined from 82.9% in 2011 to 82.2% last year, it is reported.
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