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E-Malt.com Newsletter 32b
August 08 - August 11, 2013
Quote of the Week
"My experiences have taught me a lot and I'm happy with my learnings, if not with what I went through to learn."
Ally Sheedy
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Currency Rates
Base Currency: US Dollar
on August 09, 2013 |
Base Currency: Canadian Dollar
on August 09, 2013 |
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1 USD = 0.7487 EUR
1 USD = 0.6446 GBP
1 USD = 1.0394 CAD
1 USD = 1.1031 AUD
1 USD = 96.4065 JPY
1 USD = 2.3031 BRL
1 USD = 32.9427 RUB
1 USD = 6.1647 CNY
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1 CAD = 0.9623 USD
1 CAD = 0.6203 GBP
1 CAD = 0.7204 EUR
1 CAD = 1.0614 AUD
1 CAD = 92.7682 JPY
1 CAD = 2.2162 BRL
1 CAD = 31.6994 RUB
1 CAD = 5.9321 CNY
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Currency Rates Chart
Equities of the Largest Breweries
South Korea & USA & Australia: South Korea’s Fair Trade Commission approves ADM’s purchase of GrainCorp
...Click here
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USA, NE: Storz Brewing Company to perform its come back in the beer market
...Click here
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USA, KY: Alltech’s Lexington Brewing and Distilling Company to launch canned Kentucky IPA and Kentucky Kolsch
...Click here
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USA, WA: Two Beers Brewing to launch High Divide Double Blonde
...Click here
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Canada, ON: Beau’s All Natural Brewing to launch The Spruce Moose
...Click here
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Canada, BC: Lighthouse Brewing releases Lighthouse 15th Anniversary Ale
...Click here
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USA, CO: AC Golden Brewing Company to release Olathe Lager
...Click here
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USA, OH: Great Lakes Brewing Company releases Edmund Fitzgerald Porter in 12-packs
...Click here
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USA, RI: Narragansett Beer revives Narragansett Lager
...Click here
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World: First-half beer sales reports very disappointing
...Click here
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World: World malt trade forecast to increase in 2013/14
...Click here
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Japan: Suntory Holdings reports solid profit gains for H1 ended June
...Click here
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World: There is little doubt that very large crops will be secured this year
...Click here
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Australia: Industry welcomes the move away from aggressive discounting of beer - Carlton & United Breweries CEO
...Click here
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Mexico: Court agrees to consider SABMiller’s appeal
...Click here
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UK: About 30% of winter barley crop already in the barn
...Click here
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Middle East: Non-acolholic beer popularity rising in the Middle East
...Click here
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Graph of the Week
Table of the Week
South America Barley Production, Imports, Consumption, and Stocks
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.So a couple of open question can be checked off with these results !
Read more
Source: Barth Innovations
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These Days in Business History
August 08
1709 1st known ascent in hot-air balloon, Bartolomeu de Gusmao (indoors)
1876 Thomas Edison patents mimeograph (stencil duplicator or the printing machine)
1896 The Dow Jones Industrial Average, less than three months old, hits the lowest level ever recorded: 28.48, down 30.5% in just ten weeks
August 09
1874 Harry S Parmelee patents sprinkler head
1945 US drops 2nd atomic bomb "Fat Man" on Japan destroys part of Nagasaki
1976 USSR launches Luna 24, last Lunar flight to date from Earth
August 10
1500 Diego Diaz discovers Madagascar
1961 England applies for membership in the European Common Market
1981 Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 UN estimates Asia's population hit 3 billion
August 11
1909 SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 Steve Wozniak, future co-inventor of the Apple computer, is born
1992 The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota
Agenda
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)
12-15: Mondial de la Biere (Mulhouse, France)
16-20: Drinktec 2013 (Munich, Germany)
21/09 -06/10: Oktoberfest (Munich, Germany)
26-27: New World Malt Barley and Brewers Conference (Toronto, Canada)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10-01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
November 2013:
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
More events are available on site www.e-malt.com
News Articles
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USA, CO: Colorado beer sales decrease
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Despite the strong growth in the last several years for Colorado craft brewers, overall beer sales are decreasing state wide, Northern Colorado Business Report stated on August, 8.
The amount of craft beer produced in the state last year jumped 9 percent, to 40 million gallons. The percentage of the overall sales volume made up of northern Colorado’s largest craft breweries has jumped from 15 percent in 2008 to 24 percent in 2012.
By contrast, in the last year, both Anheuser-Busch in Fort Collins and MillerCoors in Golden have seen flat or declining sales by volume.
The two brewing giants are responsible for most of the state’s production and they impact overall sales disproportionately.
Although sales by volume are down, revenues for Anheuser-Busch and MillerCoors are up in some cases. That’s because the companies are focusing on specialty brews, higher-quality products such as Budweiser Black Crown and Bud Light Platinum, that produce higher dollar amounts for lower volumes.
Data from the Colorado Department of Revenue’s 2012 annual report shows a decline in the taxable gallons of beer sold in the state from 2011 to 2012. More than 112 million gallons of beer were sold in Colorado in 2011, but last year that number declined by
...More info on site
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USA: Barley harvest about to get underway
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With the barley harvest about ready to get underway, most producers are guardedly optimistic for a successful harvest, according to Steve Edwardson, executive administrator
...More info on site
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South Korea & USA & Australia: South Korea’s Fair Trade Commission approves ADM’s purchase of GrainCorp
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The Korea Fair Trade Commission has notified Archer Daniels Midland Company (ADM) of its approval of ADM’s proposed acquisition of GrainCorp Limited, ADM said on August 7.
This brings the number of government agencies that have cleared the acquisition to seven.
The European Commission, the Japan Fair Trade Commission, South Africa’s Competition Commission and Canada’s Competition Bureau cleared the acquisition in July; the Australian Competition and Consumer Commission did so in June. The U.S. Federal Trade Commission also approved the acquisition last November.
ADM continues to work with regulators in Australia and China.
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USA, NE: Storz Brewing Company to perform its come back in the beer market
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A new incarnation of the Storz Brewing Company will be bringing the iconic name back to Omaha and Nebraska, Fremont Tribune reported on August, 9.
The company, which incorporated in May, announced Thursday, August 8 that it will take over the lease of vacant Rick’s Cafe Boatyard at 345 Riverfront Drive, Omaha, Nebraska.
Storz will renovate the 19,000-square-foot bar and restaurant and rename it the Storz Trophy Room Grill & Brewery. The restaurant will open Nov. 15 and be operated by Yves Menard, who owns Charlie’s on the Lake restaurant.
The company will also work with a Nebraska craft brewer to bring back Storz brand beers, which will be available exclusively throughout Nebraska under an agreement with five Anheuser Busch distributors. The company’s management team consists of John Markel, the great-great-grandson of Storz founder, Gottlieb Storz, and his cousin, Tom Markel.
Gottlieb Storz started brewing beer in Omaha in 1876, and the company grew to be the largest brewery in Nebraska. It closed in 1972.
Storz will introduce its lager, wheat, pale ale and amber ale products in a few weeks. The company plans to produce 160,000 cases in its first year of operation.
Storz products will launch Aug. 18 at the St. Stanislaus Catholic Church
...More info on site
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USA, KY: Alltech’s Lexington Brewing and Distilling Company to launch canned Kentucky IPA and Kentucky Kolsch
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Kentucky IPA is now available in 4-packs of 16 oz cans, as well as in bottles and on tap, and is the first canned beer ever produced by Alltech’s Lexington Brewing and Distilling Company in Lexington, KY, South side Magazine reported on August, 8.
Alltech’s Lexington Brewing and Distilling Company’s Kentucky IPA and Kentucky Kölsch are rolling off the brewery’s new canning line and launching state wide and in Ohio. The new cans are being sold in 4-packs of 16 ounce cans.
Kentucky IPA, or India Pale Ale is a new brew for the brewery, while Kentucky Kölsch is a rebranded version of the Kentucky Light brew that launched in 2003. With the increasing savvy of craft beer enthusiasts, the Kölsch descriptor is now better recognized and understood.
Kentucky IPA and Kentucky Kölsch are also available on draft and in bottles state wide, as well as in Ohio. The canned Kentucky Kölsch will quickly expand into its existing U.S. markets, while Kentucky IPA distribution will follow a more incremental growth strategy. The new brew was first introduced to the Lexington market on a limited basis in mid-May.
Kentucky IPA is the fifth beer in the Kentucky Ale portfolio, following the release of
...More info on site
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USA, WA: Atlas Brew Works to open soon
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D.C.'s newest production brewery, Atlas Brew Works, announced its big opening. It will open during the week Sept. 2-8, Washington City Paper reported on August, 8.
Atlas Brew Works will host an event in a different neighbourhood across D.C. each night of the week. The exact schedule is still being finalized, but it is expecting to host evets in Petworth, Dupont Circle, Georgetown, and Logan Circle.
"We've got about 60 barrels of beer fermenting right now, and we're actually brewing as speak," the co-founder Justin Cox, said.
Atlas will launch with three draft-only beers. Its two flagship brews: Rowdy and District Common. A third limited-run beer called NSFW is a surprise.
Atlas Brew Works plans to eventually have tours, tastings, and growler fills at the brewery, but Cox says that it is still to be discussed.
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USA, WA: Two Beers Brewing to launch High Divide Double Blonde
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Two Beers Brewing announced the third beer in its popular high-octane Alta Series, High Divide Double Blonde. Offering 8.9 percent ABV and 42 IBUs, this unique style perfect for the warmer days of summer, Brew Bound Reported on August, 7.
This limited release beer will be debuted at the Two Beers Brewing tasting room, The Woods, on Saturday, August 10 at 11 am, with only 1,000 bottles available for purchase.
Craft beer enthusiasts can purchase 22-ounce bottles of High Divide Double Blonde for $14 each on Saturday, August 10, beginning at 11 am at The Woods tasting room. Five-ounce pours will be available for $4 each.
As a special bonus, August 10 will also mark the early release of Two Beers Brewing’s award-winning Pumpkin Spice Ale. Offering a 5.2 percent ABV and 19 IBUs, Two Beers Brewing’s Pumpkin Spice Ale was recently awarded a gold medal as part of the Washington Beer Awards, recognized by as Best Washington Agricultural Product Inspired Beer. This seasonal beer will be available on tap and in 22-ounce bottles through November.
In addition to a new look for the growing Seattle microbrewery, including screen-printed bottles and a hand-dipped wax seal, each bottle is signed and individually numbered by the
...More info on site
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Canada, ON: Beau’s All Natural Brewing to launch The Spruce Moose
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Beau’s All Natural Brewing announced the upcoming release of The Spruce Moose, the latest in the Pro-Am Series of collaborations with award-winning home brewers, Canadian Beer News reported.
The Spruce Moose has been created together with Patrick Boisvenue, winner of the 2012 Members of Barleyment Beau’s Oktoberfest Homebrew Competition.
The Spruce Moose have been officially launched on Thursday, August 8th, and it will be available exclusively at the Beau’s retail store and BYBO home delivery service
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Canada, BC: Lighthouse Brewing releases Lighthouse 15th Anniversary Ale
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Lighthouse Brewing is celebrating its 15th anniversary this year, and with this occasion, the brewery launches a new limited edition beer, and revives a previous limited brand in a new year-round package, Canadian Beer News reported.
The new beer is simply called Lighthouse 15th Anniversary.
To promote the new beer’s release this week, Lighthouse commissioned Matt Schmitz of Victoria Beers to take photos of a bottle of 15th Anniversary Ale at various landmarks and picturesque locations around Victoria.
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USA, CO: AC Golden Brewing Company to release Olathe Lager
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AC Golden Brewing Company introduces a first-of-its-kind beer, Olathe lager, just in time for the Colorado harvest, Brew Bound reported on August, 7.
“Home grown” is important to us. We’re the brewers that brew Colorado Native Lager from ingredients grown only in Colorado. To celebrate the harvest season, and the area’s rich agriculture heritage, we brewed this golden lager as a tip of the hat to those who work the ground to feed us all,” said Glenn Knippenberg, president of AC Golden Brewing Company.
Olathe beer is available in draft and in 750 ml bottles (25.4 fluid ounces). Only 1,440 bottles were produced. It’s available in Cedaredge, Delta, Grand Junction, Hotchkiss, Montrose, Olathe, Palisade and Paonia, CO, while supplies last.
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USA, OH: Great Lakes Brewing Company releases Edmund Fitzgerald Porter in 12-packs
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Great Lakes Brewing Company is now packaging the award-winning Edmund Fitzgerald Porter in 12-Packs, Beer Pulse reported on August, 8.
In 2012 the Beverage Testing Institute of Chicago gave Edmund Fitzgerald an Exceptional rating and named it one of the “Best Beers in the World.”
Previously, Edmund Fitzgerald Porter was available in 6-Packs and draft. The new 12-Pack is now available at the GLBC Gift Shop, and will soon begin rolling out in select GLBC distribution markets.
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USA, RI: Narragansett Beer revives Narragansett Lager
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Providence, Rhode Island-based Narragansett Beer re-released a retro Narragansett Lager can, using a design and logo once featured in the classic film “Jaws,” Shanken News Daily reported on August, 7.
The can will be available throughout New England for a limited time, in 12, 18 and 30-packs (priced at around $10-$12, $13-$15 and $19-$21, respectively).
The rollout follows Narragansett’s recent re-release of a 1950s 12-ounce can design in June, as well as a reintroduction of its signature Clam Can, a 16-ounce can that features a New England clam bake recipe, earlier this summer.
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World: First-half beer sales reports very disappointing
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Latest beer sales figures are very disappointing. Besides the usual reasons of demography, changes of drinking habits, administrative measures (France, U.K., Russia), it is
...More info on site
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World: World malt trade forecast to increase in 2013/14
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In its quarterly update the IGC estimates the world malt trade (in grain equivalent) at 6.54 mln tons for the past campaign and at
...More info on site
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Japan: Suntory Holdings reports solid profit gains for H1 ended June
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Suntory Holdings Ltd. on August 7 reported solid profit gains for the fiscal first half ended June, citing strong sales of its key products
...More info on site
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World: There is little doubt that very large crops will be secured this year
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A large part of the crops is not in the bins yet, but there is little doubt that very large crops of grains and
...More info on site
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World: SABMiller prices $1.1 bln bond issue
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SABMiller Plc said on August 6 its wholly owned subsidiary, SABMiller Holdings Inc., successfully priced a $1.1 billion bond issue.
The notes would be guaranteed by the company and would be issued in two tranches:
- $750 million of 5-year, fixed-rate notes with a coupon of 2.20%
- $350 million of 5-year, floating-rate notes with a coupon of 0.69% over 3-month LIBOR.
"The net proceeds will be used by the Issuer to repay the remaining outstanding bank borrowings incurred to finance the acquisition of Foster's Group Limited in December 2011, and the balance for general corporate purposes," the company said.
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Australia: Industry welcomes the move away from aggressive discounting of beer - Carlton & United Breweries CEO
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The decision by Australia’s retailers to move away from aggressive, deep discounting of beer was welcome news for the entire liquor industry, according to Carlton & United Breweries (CUB) CEO Ari Mervis.
In an interview with TheShout on August 6, Mervis said his previously stated view that consumers were happy to pay more for beer had been borne out in recent months.
"Historically there has been a very fierce, competitive race to the bottom in terms of pricing," he said.
"Different retailers have always tried to ensure that they remain the cheapest retailer when in fact the consumer has been happy and willing to pay slightly more than the price they've offered it at."
"I think there has been a little bit more price discipline across the market and we've seen retailers have been charging slightly more and consumers have been prepared to spend a bit more," Mervis said.
"We need to ensure that there's a sustainable margin for all the participants through the value chain."
In any case, Mervis said it's important for retailers to consider their margins on mainstream beer in context.
"Sometimes they don't look at what is a blended margin," he said.
"They'll take the margin that they make out
...More info on site
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Mexico: Court agrees to consider SABMiller’s appeal
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SABMiller PLC, the world's second-largest brewer by sales, said on August 7 that a Mexican federal court has accepted its case to consider overruling a July antitrust settlement on exclusive sales agreements that SABMiller believes "failed to truly address the monopolistic activities" in the Mexican beer market.
Mexico's Federal Competition Commission stopped short of prohibiting the beer contracts entirely, reaching an agreement with top brewers Anheuser-Busch InBev NV's Grupo Modelo unit and Heineken NV's Cerveceria Cuauhtemoc Moctezuma to limit their use of exclusivity contracts at small shops and some other points of sale, such as restaurants.
The Mexican beer market is the world's fifth biggest by volume sales, according to Euromonitor, although SABMiller claims a miniscule market share. Modelo brands including Corona account for about 58% of the 67 million hectoliters of beer sold here each year, while Cerveceria Cuauhtemoc brands like Tecate represent 41%.
"The commitments made by both brewers are limited by several significant exclusions, which still make it possible to deny access to a majority of retail sales and to large and important regions," SABMiller said in a statement this week.
The antitrust agreement will remain in effect while the federal court examines SABMiller's case, the brewer said.
An official from the
...More info on site
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UK: About 30% of winter barley crop already in the barn
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Farmers cut around 100,000 ha in the week to Tuesday, August 6, with about 5% of the UK’s total combinable crop area now harvested, Farmers Weekly reported on August 8.
According to the latest ADAS / HGCA crop report, that was well below the five-year mean of 20%.
However, early yields of both winter barley and oilseed rape were close to or better than farm averages.
About 30% of the winter barley crop was now in the barn, with yields ranging from 4.9t to 11.8t/ha, and averaging about 6.8t/ha, said the report.
“Initial quality data shows good specific weights (average 64kg/hl) and low grain nitrogen in malting samples (1.4-1.7%).”
Most grain was harvested at between 14% and 19% moisture, meaning some drying was required, although a few loads of malting barley were being sold straight off the farm at 19% moisture with only small deductions, it added.
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Middle East: Non-acolholic beer popularity rising in the Middle East
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Dedicated drinkers may struggle to see the point of non-alcoholic beer, but it is growing in popularity around the world. Last year 2.2 billion litres was downed, 80% more than five years earlier. In the rich world it is mainly consumed by a health-conscious minority. But in the Middle East, which now accounts for almost a third of worldwide sales, the target market is the teetotal majority. In 2012 Iranians quaffed nearly four times as much as in 2007. Consumers in Saudi Arabia, Egypt and the United Arab Emirates also have a growing taste for it (though across the region, alcoholic beer still outsells it), The Economist reported on August 3.
Delster, brewed by an Iranian company, Behnoush, turned alcohol-free in the wake of the 1979 Islamic revolution. After Hamas, an Islamist movement, won a landslide election victory in Gaza in 2005, a Palestinian brewer, Taybeh, launched an alcohol-free “Halal” version of its ale. Its label is green, the colour of Islam.
More recent sales growth is the result of growing consumer aspirations, says Maii Abdul-Rahmen, a Dubai-based analyst for Euromonitor, a research firm. Drinking beer, even the non-alcoholic variety, taps into a popular desire for a globalised lifestyle that neither fruit
...More info on site
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