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E-Malt.com Newsletter 16b
April 17 - April 20, 2014
Quote of the Week
"All happiness depends on courage and work."
Honore de Balzac
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Currency Rates
Base Currency: US Dollar
on April 18, 2014 |
Base Currency: Canadian Dollar
on April 18, 2014 |
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1 USD = 0.7229 EUR
1 USD = 0.5948 GBP
1 USD = 1.1006 CAD
1 USD = 1.0691 AUD
1 USD = 102.1730 JPY
1 USD = 2.2463 BRL
1 USD = 35.8808 RUB
1 USD = 6.1749 CNY
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1 CAD = 0.9087 USD
1 CAD = 0.5405 GBP
1 CAD = 0.6569 EUR
1 CAD = 0.9715 AUD
1 CAD = 92.8478 JPY
1 CAD = 2.0413 BRL
1 CAD = 32.6059 RUB
1 CAD = 5.6113 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley exports expected to drop by 7% in 2013-14
...Click here
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Canada: Brick Brewing posts record annual EBITDA in the year to January 31
...Click here
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USA, NC: New Belgium Brewing only days away from breaking ground on its second location
...Click here
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USA, CA: Helm’s Brewing increased production capacity to 2,000 barrels annually
...Click here
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Canada, ON: Two brothers raising funds to open Brothers Brewing in Pelham
...Click here
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USA, CA & Mexico: Aztec Brewing Company to start shipping beer to Mexico
...Click here
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USA, TX: Lakewood Brewing Co. amid major growth spurt
...Click here
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USA, TX: Big Bend Brewery expanding to keep up with demand
...Click here
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Canada, ON: Ottawa’s Byward Market neighbourhood to welcome a new brewpub soon
...Click here
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World: Construction of new malting plants in emerging beer markets signals the possibility of decline in malt shipments from traditional exporters
...Click here
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World: Analysts predict firmer grain markets around the world
...Click here
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Russia: Carlsberg planning to launch its pricey Jacobsen beer in Russia in a while
...Click here
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Argentina: Barley exports short of some volumes as farmers are being reluctant to sell
...Click here
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Germany: Times are more difficult than ever for the German beer industry
...Click here
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Tunisia: SFBT reports 9.1% rise in turnover due to stronger beer sales
...Click here
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Russia: Carlsberg planning to launch its pricey Jacobsen beer in Russia in a while
...Click here
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Tanzania: Serengeti Breweries strikes partnership to produce barley locally
...Click here
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Graph of the Week
Table of the Week
World Hop Alpha Acid Supply and Demand 2002 - 2013f
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
Are hops the solution to gushing?
ABSTRACT
Wouldn't it be great to have a solution to gushing made of
a raw material that goes into beer anyway? Well, hops
possibly contain what we are looking for. These Belgian
researchers tested a hop-based antifoam (normally used
during fermentation to increase tank capacity by
surpressing foam development) to evaluate its gushing
surpressing properties. Though the hop anti-foam tested
very successfully in a model solution and also in wort, when
tested in gushing positive beers the gushing surpressing
activity was not confirmed. The composition of the hop aid
antifoam might explain why it can be effective, since it is a
combination of saturated and unsaturated, long and rather
short fatty acids. The theory is that because hop antifoam
molecules are hydrophobic, they interact with hydrophobins
(proteins made responsible for gushing through the
creation of microbubbles) and therefore inhibit the
development of the gushing inducing microbubbles. Still
many questions are not answered and this project will
continue.
Read more
Source: Barth Innovations
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These Days in Business History
April 17
1704 1st successful U.S. newspaper; published in Boston by John Campbell
1933 Pres. Franklin D. Roosevelt announces that he will issue an executive order embargoing exports of gold and free the exchange rate of the U.S. dollar to float against foreign currencies
1989 An all-financial-news TV service premieres, as CNBC airs its first market broadcast
April 18
1921 Junior Achievement incorporated in Colorado Springs, Colo
1948 International Court of Justice opens at Hague Netherlands
1968 London Bridge is sold to U.S. oil company to be erected in Arizona
April 19
1662 Royal Society incorporates
1940 1st electron microscope demonstrated (RCA)
1948 ABC-TV network begins
April 20
1926 1st check sent by radio facsimile transmission across Atlantic
1948 1st Polaroid camera was sold in US
1973 Canadian ANIK A2 becomes 1st commercial satellite in orbit
Agenda
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
21-24: South Beer Cup 2014 (Belo Horizonte, Brazil)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
23-25: Latviabeerfest 2014 (Riga, Latvia)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site www.e-malt.com
News Articles
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Canada: Barley exports expected to drop by 7% in 2013-14
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For 2013-14, Canada’s barley exports are forecast to decrease by 7% to 2.0 mln tonnes due to a recovery in world feed and malt
...More info on site
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Canada: Brick Brewing posts record annual EBITDA in the year to January 31
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Brick Brewing Co. Limited, the largest Canadian-owned brewery in Ontario, on April 17 released financial results for the fourth quarter and year ended January 31, 2014. Brick posted record annual EBITDA of C$4.6 million on net revenue of C$37.7 million. Note that fiscal 2014 results include the impact of a C$0.7 million correction to Ontario beer tax expense.
"We put up a great result in fiscal 2014. Our team was successful in growing revenues and volumes, especially in our premium Waterloo and Seagram brands. The growth in premium brands coupled with our continued focus on cost reductions allowed us to expand margins, overcome the impact of the beer tax correction and still post record EBITDA," said George Croft, President and CEO at Brick.
In fiscal 2014, Brick increased marketing support for its proprietary brands - Laker, Waterloo and Seagram. The combination of new product introductions, and increased advertising and promotions, including free can-in-case, generated volume growth across the brand portfolio. Laker volume for the year grew by 4.5%, benefitting from the launch of Laker 12 pack bottles earlier in the year.
Going further, Mr. Croft added, "We feel we have a winning formula and the results bear that out: an improving product mix
...More info on site
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USA, NC: New Belgium Brewing only days away from breaking ground on its second location
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With over $175 million dollars invested, 133,000 square feet purchased, over 400 new construction and 140 permanent jobs created, New Belgium Brewing is only days away from breaking ground on its second location, Examiner.com reported on April 17.
A groundbreaking private ceremony will be held at the Asheville, NC location on May 1, which will then be followed-up by a public ceremony the next day, May 2.
When at full capacity at both their Fort Collins and Asheville locations, New Belgium Brewing will be producing over 500,000 barrels of beer each year. As mentioned earlier, this new location will deliver 140 new permanent jobs to the area.
New Belgium CEO and Co-Founder Kim Jordan talked about what has led up to this second location as well as some of the environmental programs New Belgium has invested in.
"Over the last two years, we’ve really enjoyed getting to know this community and we have developed strong partnerships with businesses, non-profits, government agencies and neighbors.
"We’re investing in greenways and all these amazing programs that our partners have established. We’re grateful to be part of this city and for our partnerships, and are incredibly excited to get this off the ground," Jordan said.
Embracing their respect for the
...More info on site
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USA, CA: Helm’s Brewing increased production capacity to 2,000 barrels annually
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San Diego’s Helm’s Brewing has increased its production capacity with the addition of two 30-barrel fermenters, Drinks Business Review reported on April 17.
The production capacity has increased to 2,000 barrels annually from the current 750 barrels.
Helm's Brewing general manager Matt Johnson said that this expansion is a great opportunity for the company to keep up with the demand of Helm's beer in San Diego, and will also give the company the opportunity to expand its product to all of Southern California.
"This expansion will allow us to produce more than double what we were manufacturing before," added Johnson.
Meanwhile, the company has entered into an agreement with Statewide Distribution, as well as launched 22oz bottles in retail locations such as BevMo.
Helm's Brewing has also installed a 15-barrel fermenter in November 2013.
Founded in 2012, the company is growing its business with beers such as Hop the RIPA, Wicked as Sin and Beeruccino.
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Canada, ON: Two brothers raising funds to open Brothers Brewing in Pelham
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The Welland Tribune reports that twin brothers Asa and Colton Proveau are getting set to launch the aptly named Brothers Brewing in the town of Pelham in Ontario’s Niagara Region.
The 21-year-olds are currently brewing under contract at the Niagara College Teaching Brewery where Asa has taken the Brewmaster and Brewery Management Program, and the first of their beers – Tandem Pale Ale, described by Asa as “crafty but with more of an approachable style” – will be launched this Saturday April 19th at Iggy’s Pub & Grub in Pelham’s Fonthill neighbourhood. This will be followed by a rotating series of beers to be available at Iggy’s, with a new beer planned to be put on tap every two weeks.
In the longer term, the brothers are also planning to open their own brewing facility in Pelham, with a Kickstarter campaign now underway to help raise funds for the project.
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USA, CA & Mexico: Aztec Brewing Company to start shipping beer to Mexico
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In 1921, three San Diego businessmen founded the original Aztec Brewing Company brewery in Mexicali, Mexico. Aztec moved North to San Diego after the repeal of Prohibition where it became a substantial regional brewery until it was purchased by the Altes Brewing Company in the late 1940’s and the brand was retired, Brewbound.com reported on April 17.
In 2011 the revived Aztec Brewing Company opened in San Diego County and this month its beer will make a triumphant return to its country of origin when it ships beer south to Mexico.
“We are very excited to be expanding our portfolio into Mexico,” said James Valles Sales Director for Aztec Brewing Company. “Because of the high demand for quality craft beer, strong craft beer trends and the natural association our brands have with Mexico, we felt the timing was right to enter the market.”
“Initially, our brands will be available within the BeerBox chain which operates a Pub/Retail Store concept from Baja California to Cancun, which allows the consumer to sample brands before purchasing. This is a concept we embrace and we are confident that once they taste the quality of our brands they will purchase for their homes on a regular basis.”
Valles went on
...More info on site
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USA, TX: Lakewood Brewing Co. amid major growth spurt
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Lakewood Brewing Co. is amid a major growth spurt in the company’s two-year history, more than doubling the size of its brewery and partnering with its first third-party distributor, Dallas Business Journal reports.
The company recently bought the building next door to its Dallas brewery and plans to bulldoze it to build a new 14,000 square-foot facility from the ground up. The new building will be connected to its current 11,000 square-foot facility.
It also has entered into partnership with Dallas-based Andrews Distributing, which has a portfolio of more than 10,000 customers that include retailers and grocers across Dallas-Fort Worth.
“We’ve been growing 10 percent month-over-month since we started,” said Wim Bens, founder and president of Lakewood Brewing, adding that Andrews was the next step in the brewery’s development. “What you can expect is more Lakewood in different places.”
With help from Andrews, which has three distribution facilities across Dallas-Fort Worth, Lakewood plans to increase its reach and frequency of deliveries to outlying areas, including Tarrant County and the mid-cities. It also will be able to sell some of its delivery vehicles and move the in-house delivery staff back to the brewery to help support increased production.
For Andrews, adding Lakewood helps bolster its portfolio
...More info on site
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USA, TX: Big Bend Brewery expanding to keep up with demand
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The oil boom is affecting businesses outside of the Permian Basin as well. The Big Bend Brewery Company, based in Alpine, is expanding their operations just to keep up with demand. They opened just over a year ago in December of 2012. They currently have five accounts in the Midland area and say they have received requests for several more, CBS7 reported on April 17.
"The problem, the good problem to have is we can't make enough beer to fulfil everyone that wants to get it. So, we're doing the expansion right now and we want to get cans into the market, into Midland and El Paso as well," said Richard Fallon, the General Manager of Big Bend Brewing Company.
They are adding new brewing tanks capable of growing production five times over.
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Canada, ON: Ottawa’s Byward Market neighbourhood to welcome a new brewpub soon
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Ontario beer news website Mom ‘n’ Hops reports that a new brewpub will be opening soon in Ottawa’s Byward Market neighbourhood, with the launch being tied in with a sponsorship deal with a popular local community event.
Lowertown Brewery is the newest venture from Steve Monuk’s York Entertainment, a company that owns and operates a number of bars and restaurants in Ottawa. Planned to open in May, the brewpub will offer “a warm, hospitable atmosphere where our patrons can enjoy authentic comfort food and delicious craft beer,” according to Monuk.
The first pair of beers from the brewery – Lowertown Lager and Lowertown Dark – will be available in time for this year’s edition of the Tamarack Ottawa Race Weekend on May 24th and 25th. Lowertown is the official beer supplier for the event, and has also obtained naming rights for one of the weekend’s main races, which is now known as the Lowertown Brewery Ottawa 10K.
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World: Construction of new malting plants in emerging beer markets signals the possibility of decline in malt shipments from traditional exporters
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In March, construction plans were announced for three large malting facilities in the world: SA Maltings, a wholly owned subsidiary of South African Breweries,
...More info on site
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World: Diageo reports another dip in Q3 sales
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Spirits and alcoholic beverage giant Diageo PLC on April 17 reported another dip in sales in the third quarter, hit by weaker demand for
...More info on site
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World: Analysts predict firmer grain markets around the world
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As of the beginning of April, world grain markets had already reacted upwards during late winter, based on frost and drought damage in the
...More info on site
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Russia: Carlsberg planning to launch its pricey Jacobsen beer in Russia in a while
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Angola will produce 11.8 million hectolitres of beer this year (versus 10.3 million hectolitres in 2013) as two new breweries begin operations, the Jornal
...More info on site
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Argentina: Barley exports short of some volumes as farmers are being reluctant to sell
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Argentina harvested approximately 4.9 mln tons of barley. Export licences were granted for 2.3 mln tons, however, inland sales are reported for only 1.5
...More info on site
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Germany: Times are more difficult than ever for the German beer industry
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Behind the pale yellow walls of a former Benedictine monastery on a wooded hill near Munich, the master brewers of Weihenstephan are still perfecting
...More info on site
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Tunisia: SFBT reports 9.1% rise in turnover due to stronger beer sales
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Société de fabrication de boissons de Tunisie (SFBT), Tunisia’s leading brewer, reported a 9.1% rise in turnover for 2013, to TND832.8 mln, versus TND763.105 mln in 2012, Business News said on April 17.
The increase was possible due to a 36.2% growth in beer sales, to TND93 mln.
The company said sales of its new canned beer enjoyed a particularly strong demand over the reporting period.
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Russia: Carlsberg planning to launch its pricey Jacobsen beer in Russia in a while
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Carlsberg A/S plans to launch its pricey Jacobsen beer label in Russia within a matter of weeks, a move that could inject momentum into a market that has been under pressure and represents a large portion of the Danish brewer's sales, The Wall Street Journal reported on April 16.
"We will be starting offering Jacobsen in Russia in a few weeks," said Morten Ibsen, the Jacobsen Brewery's brewmaster in Denmark. Jacobsen, which is priced higher than Carlsberg's other brands, is sold in Scandinavia and Israel.
Russian sales of the Jacobsen brand are initially planned for Moscow and St. Petersburg. The company has recently said the crisis in Ukraine hasn't affected its Russian business, where it is the market leader and has multiple brewing facilities.
The launch of Jacobsen, while not expected to provide a big boost to overall revenue in Russia, will provide an indication of Carlsberg's ability to take its product offerings upmarket amid tough economic conditions.
"It is a niche beer, but if sales go well it will go really well," Mr. Ibsen said. He said certain Western products can reach cult status in Russia, and then see high demand even if they are much more expensive than their peers.
Carlsberg's upscale Jacobsen
...More info on site
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Tanzania: Serengeti Breweries strikes partnership to produce barley locally
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A tripartite partnership has been struck between the government, Serengeti Breweries Limited (SBL) and farmers to produce locally raw materials for beer making, AllAfrica reported on April 18.
Kilimanjaro Regional Commissioner (RC), Mr Leonidas Gama said at a special 'Farmers' Day' discussion convened by SBL on April 17 that cultivation of barley and millet shall be incorporated in districts development plans and assured them of reliable market.
Mr Gama said one of the main problems facing some farmers had been unreliable markets but with SBL's move there is no reason why extensive farming should not be done in the country.
"Barley production now will be incorporated in district development plans and the government will make sure every leader from ward level upwards is involved. Extension officers who were dealing with other crops such as maize and coffee should now engage fully with barley and millet production.
"As for you farmers, this is a golden opportunity before you, so make sure you tap it especially those in Siha district. But also for those in Moshi, Mwanga and Same districts lowlands should turn to millet. You are sure of getting money from millet and barley," said the RC.
Mr Gama said more than 100 farmers have decided
...More info on site
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