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E-Malt.com Newsletter 22b
May 29 - June 01, 2014
Quote of the Week
"Opportunity is missed by most people because it is dressed in overalls and looks like work."
Thomas A. Edison
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Currency Rates
Base Currency: US Dollar
on May 30, 2014 |
Base Currency: Canadian Dollar
on May 30, 2014 |
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1 USD = 0.7351 EUR
1 USD = 0.5982 GBP
1 USD = 1.0858 CAD
1 USD = 1.0780 AUD
1 USD = 101.6770 JPY
1 USD = 2.2332 BRL
1 USD = 34.6594 RUB
1 USD = 6.1749 CNY
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1 CAD = 0.9211 USD
1 CAD = 0.5510 GBP
1 CAD = 0.6771 EUR
1 CAD = 0.9929 AUD
1 CAD = 93.6542 JPY
1 CAD = 2.0570 BRL
1 CAD = 31.9247 RUB
1 CAD = 5.6877 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, CO: Broken Compass Brewing officially opening on May 31
...Click here
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USA, MA: Cape Ann Brewing Company to consolidate all its activities in Glocester
...Click here
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USA, VT: Ground broken on new Paine Mountain Brewing facility in Northfield, VT
...Click here
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World: World trade in barley malt expected to increase in 2014/15
...Click here
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Africa: SABMiller building up success in not such an easy market as Africa
...Click here
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World: Estonians and Russians ranked as world’s biggest spenders on alcoholic beverages
...Click here
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The Czech Republic: Czech brewer Pivovary Lobkowicz acquisition attempt fails
...Click here
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Tanzania: East African Breweries criticized for its management of Tanzania’s Serengeti Breweries Limited
...Click here
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UK: Malting Barley Committee updates approved barley varieties list
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Graph of the Week
Table of the Week
Europe Malt Imports
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
Bitter acids
ABSTRACT
The rule of thumb for the yield of bitter acids
(specifically iso-alpha acids) in brewing is about 30%,
which is not a lot. German researchers found
out that reversible, pH dependent hop acid
complexes including iron ions are mainly responsible
for the loss of BU during brewing. The loss is mainly
during hot break and at the beginning of
fermentation. However it is possible to recover the
bitter acids from the hot break and yeast under
alkaline and high temperature conditions, which
consequently transfers the lost alpha acids in isoalpha
acids, which can be used for other beers. The
good side-effect is that pro-oxidative acting iron
ions are separated this way and don't ruin your beer.
Read more
Source: Barth Innovations
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These Days in Business History
May 26
1781 Bank of North America incorporates in Philadelphia
1896 Dow Jones begins an index of 12 industrial stocks (closing is 40.94)
May 27
1895 British inventor Birt Acres patents film camera/projector
1952 European Defense Community forms
1969 Walt Disney World construction begins
May 28
1783 Benjamin Tower of Philadelphia publishes 1st daily newspaper in U.S.
1849 Patent for lifting vessels granted to Abraham Lincoln
1863 Georg Adler, German state economist is born
Agenda
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
USA: Diageo planning new distillery in Kentucky
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Diageo has revealed plans to spend US$115 mln on a new distillery in the US state of Kentucky to capitalise on American whiskey’s surging popularity.
The company is proposing to build a 1.8 mln proof gallon distillery and six-barrel storage warehouses in Shelby County, it announced on May 29. Diageo said it expects to break ground on the 300-acre site in “the coming months” with an aim to having the distillery operational by “late 2016”.
The facility will produce a number of “current and future” of Diageo’s Bourbon and North American whiskey brands, the company said. The $115 mln investment will be over a three-year period.
The plans remain subject to approval by local government.
Earlier this year, the company became embroiled in a war of words with Jack Daniel's producer Brown-Forman over proposed changes to relax the rules on what defines a Tennessee whiskey.
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USA, CO: Broken Compass Brewing officially opening on May 31
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Broken Compass Brewing in Breckenridge hasn’t officially opened, but tell that to the people who have already begun trickling in off the street, lured in by word of mouth and general excitement about the newest brewery in Summit County, Summit Daily reports.
“We think it’s a great addition to the community, and we want to support our local businesses,” Ken Olendzki said.
Olendzki and his wife, Barb, split their time between Chicago and Breckenridge. They came into the brewery this week and walked out with a growler of Belgian Wit, though Ken’s favorite was the India Brown Ale and Barb was a fan of the Chili Pepper Pale Ale “because it has this nice zing to it.”
“Our friend wanted to try something light, and we went with the Belgian Wit,” Barb said, clutching the growler. “We’ll refill it as new options come in. We want to give them a taste. I think it’s neat that it’s that fresh, that’s one unique thing about it.”
“We’re having the neighbors over for dinner tomorrow,” Ken added. “Jerry’s a tough one. Jerry always brings Miller Lite over to my house.”
Broken Compass hosted a successful soft opening Memorial Day weekend, said David Axelrod, co-founder of the brewery,
...More info on site
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USA, MA: Cape Ann Brewing Company to consolidate all its activities in Glocester
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Cape Ann Brewing Company has led a bit of a divided existence since 2008, brewing and shipping its draft beer from its microbrewery on the Gloucester waterfront while contract brewing and packaging its bottled beer at a brewery in Saratoga, N.Y., Gloucester Times reported on May 30.
Soon, that will not be the case.
Cape Ann Brewing, which will retain its pub and brewing facilities on Rogers Street, is leasing another 5,000 square feet of space at the old Cape Ann Forge property, where Whittemore Street meets the Annisquam River, to consolidate all of its brewing, packaging and shipping operations in Gloucester.
“We’re very excited,” said Cape Ann Brewing co-owner Jeremy Goldberg. “It was tough to take the beer out of Gloucester and great to bring it back. By this summer, all Cape Ann Brewery beer will be made in Gloucester.”
The return of the brewery’s packaged beer line is part of a wider shift in the brewery’s business model. Working in concert with Boston advertising agency GYK Antler, Cape Ann Brewing has developed a new branding plan, which includes a reworked Fisherman logo that will help re-emphasize the Cape Ann in Cape Ann Brewing, according to Goldberg.
There also will be a major transition
...More info on site
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USA, VT: Ground broken on new Paine Mountain Brewing facility in Northfield, VT
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Last week, Kevin Pecor, owner of the Knotty Shamrock Irish Pub, broke ground on a new brewery adjacent to his 3-year-old pub in Northfield, VT, Seven Days reported on May 28.
The new space will house a four-barrel operation that — once up and running later this summer — will produce more than 100 gallons of suds weekly. With help from brewmaster Radley Herold, Pecor has been pouring small batches of housemade brew at the Knotty Shamrock since August 2013, experimenting with a variety of beers — ryes, Kölsches, ESBs, ales and stouts — to test pubgoers' palates. "We just keep playing around with things, and we're having a lot of fun with it," Pecor says.
Herold spent 15 years brewing in England and Germany, Pecor says, and was happy to take the lead at the new enterprise, called Paine Mountain Brewing. "When I was ready to make the jump [to brewing my own beer for the Knotty Shamrock], I reached out to him, and he jumped right up with his hand in the air to do it," Pecor recalls.
They've settled on three regular brews: a Bavarian wheat called the Knotty Blonde ("We've had a lot of fun with the name so
...More info on site
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USA: Homebrew sales increase in 2013
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The American Homebrewers Association (AHA) released on May 28 the results of its fifth annual Homebrew Supply Shop Survey, detailing the current state of the home beer and wine supply retail industry. Examining data from 408 shops across 48 states, the survey—which had a 48 percent increase in participants from last year’s report—found that gross revenue grew for shops on average by 10 percent in 2013.
“Homebrewing is on the rise, both as a hobby and a business,” said American Homebrewers Association Director Gary Glass. “With the U.S. now home to some 1.2 million homebrewers, supply shops are experiencing solid growth. The growth in homebrew supply businesses means it is easier than ever for Americans to get into the hobby of homebrewing.”
There was a 24 percent increase in sales of beginner homebrew equipment kits. Beginner kits were most commonly purchased by 30-39 year olds.
For shops that primarily sell homebrew supplies, gross revenue grew on average by 10.5 percent in 2013. Additionally, the survey found that nearly 36 percent of businesses see homebrew/home winemaking supplies as a supplemental source of income, meaning a growing number of businesses are adding sales of home beer and wine making supplies to their existing portfolio.
There was
...More info on site
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World: World trade in barley malt expected to increase in 2014/15
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The IGC forecasts world trade in barley malt at 6.7 mln tonnes in 2013/14 and at 6.815 mln in 2014/15 (all figures in grain
...More info on site
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Africa: SABMiller building up success in not such an easy market as Africa
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When long-established African beer maker SABMiller went global, it soon found that its fastest-growing markets were on its own doorstep, The Economist reports.
The world’s
...More info on site
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World: Estonians and Russians ranked as world’s biggest spenders on alcoholic beverages
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Russian consumers ranked second only to Estonians in terms of the amount of money they spent on alcoholic beverages last year, Euromonitor International said
...More info on site
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The Czech Republic: Czech brewer Pivovary Lobkowicz acquisition attempt fails
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Czech brewer Pivovary Lobkowicz's negotiations to acquire another brewery, which the company flagged in its public share offer this month, has fallen through, newspaper
...More info on site
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Tanzania: East African Breweries criticized for its management of Tanzania’s Serengeti Breweries Limited
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East African Breweries Limited (EABL) has come under intense criticism for failure to implement the pledges it made while acquiring majority stake in Dar
...More info on site
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UK: Malting Barley Committee updates approved barley varieties list
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The United Kingdom’s Malting Barley Committee held its Spring 2014 meeting to discuss the progress of new varieties within the testing system.
The outcome was that Odyssey has been given Full Approval for malt distilling and brewing use, Talisman and Sanette have been promoted to Provisional Approval 2 for brewing.
Overture and Archer have been removed from the list for brewing.
Overture and Glassel have been removed from the list for malt distilling use.
KWS Irina has been added to the list at Provisional Approval 1 for brewing, it is reported.
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