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E-Malt.com Newsletter 43b
October 23 - October 26, 2014
Quote of the Week
"If you're going through hell, keep going."
Winston Churchill
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Currency Rates
Base Currency: US Dollar
on October 24, 2014 |
Base Currency: Canadian Dollar
on October 24, 2014 |
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1 USD = 0.7907 EUR
1 USD = 0.6237 GBP
1 USD = 1.1245 CAD
1 USD = 1.1405 AUD
1 USD = 107.6150 JPY
1 USD = 2.4973 BRL
1 USD = 41.6276 RUB
1 USD = 6.1429 CNY
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1 CAD = 0.8895 USD
1 CAD = 0.5547 GBP
1 CAD = 0.7033 EUR
1 CAD = 1.0144 AUD
1 CAD = 95.7199 JPY
1 CAD = 2.2213 BRL
1 CAD = 37.0264 RUB
1 CAD = 5.4639 CNY
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Currency Rates Chart
Equities of the Largest Breweries
North America: Barley supply and demand balance very uncertain this year
...Click here
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USA, NM: Los Alamos Beer Co-Op seeks 300 member-owners in order to open
...Click here
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World: Heineken to be an “active player” in beer industry ongoing consolidation - CFO
...Click here
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China: Carlsberg finalizes acquisition of Chongqing Beer Group
...Click here
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World: Molson Coors to benefit much should AB InBev take over SABMiller
...Click here
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World: EU malting barley markets rising fast due to increasing export demand
...Click here
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East Timor: Heineken and Carlsberg want to build factories in East Timor
...Click here
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China: China’s total barley imports this calendar year may approach 5 mln tonnes
...Click here
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Russia: Duma approves beer duty freezing bill in first reading
...Click here
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Angola: Construction of new brewery launched in Angola
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
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
From hops to coffee?
ABSTRACT
Analytical tools to easily differentiate hop varieties
are still not established. These US researchers looked
into the possibilities of NMR (nuclear magnetic
resonance) to characterise hop varieties in beer. They
found that though the spectra of Magnum and
Cascade hops are not distinctly different, each single
dry-hopped beer contained various peaks that were
absent in the late hopped version. Among these they
were able to identify trigonelline in hops and beer, a
compound of importance as a flavour precursor in
coffee! Further work will focus on identifying and
assigning metabolites to unknown peaks in beer
brewed with late hopping and/or dry hopping.
Read more
Source: Barth Innovations
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These Days in Business History
October 23
1814 1st plastic surgery is performed (England)
1824 1st steam locomotive is introduced
October 24
1836 A. Phillips patents the match
1857 World's 1st football club, Sheffield FC, founded in England
October 25
1492 Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 Tappan sells 1st microwave oven
1960 1st electronic wrist watch placed on sale, New York City
October 26
1952 Chevrolet unveils V-8 engine
1954 Walt Disney's 1st television program, "Disneyland," premieres on ABC
1956 U.N.'s International Atomic Energy Agency statute approved
Agenda
News Articles
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North America: Barley supply and demand balance very uncertain this year
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The barley S/D balance in North America is very uncertain, an industry report said earlier in October.
A large majority of barley has been
...More info on site
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USA, NM: Los Alamos Beer Co-Op seeks 300 member-owners in order to open
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Los Alamos, New Mexico will soon be among only a handful of cities in the country to open the first cooperative craft brewery, and is brewing up several rich and tasty incentives to attract 300 new member/owners and investors to make that happen. Without more capital, the brewery will have to delay opening, brewbound.com reported on October, 23.
The Los Alamos Beer Co-op (LABC) estimates that the future brewery will open its new location early in 2015. With 300 more memberships in the next few months, the Co-op hopes to hire a professional brewer and eventually produce four varieties of beer, along with root beer and cider.
A co-op brewery is different from traditional breweries in that members own part of the business. Therefore, each member has the power to vote on how the business should be run, what types of beers should be offered, and other decisions which independently-owned craft breweries don’t allow anyone other than the owners to make. Unlike traditional breweries, any revenue has to be reinvested or returned to the members/owners.
There are currently only three co-op breweries in the country and the idea is fast becoming the preferred business model for startup breweries that are tapping their communities
...More info on site
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USA, NC: Sycamore Brewing to open in South End
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Justin Brigham and his wife, Sarah, have spent the last year turning what used to be an old automotive garage into a brewery. Sycamore Brewing in South End will have its grand opening Nov. 1, charlotteobserver.com reported on October, 23.
Justin comes from a long line of craftsmen, which has helped when trying to figure out how to assemble steam pipes, wrestle glycol lines or dig trenches.
Justin started homebrewing after working in a grain elevator at Coors Brewing Company. He will brew alongside Jordy Smith, a homebrewer for many years who – before joining the Brighams – worked at Charlotte’s Alternative Beverage, a local homebrew shop.
Rather than distributing their beers all over Charlotte, the Brighams will keep most of it in house so they can offer a wide variety of styles.
At the grand opening, they will have their first five batches on tap. Southerly Oat Pale Ale and Peak Farm Pale will be core beers for the brewery. The other three don’t yet have names, but expect a strong extra special bitter, a blonde ale brewed with lemongrass and a cream stout brewed with smoked malt.
More styles will come as soon as they build up the pipeline.
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USA, WI: Company Brewing to open in Riverwest
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The former director of coffee at Colectivo roasters and the owner of Bavette la Boucherie will open Company Brewing, a brewpub and restaurant in Riverwest, in what is now Stonefly Brewing, the Journal Sentinel reported on October, 22.
Stonefly remains open while loose ends are tied up, said owner Julia LaLoggia. She said the goal is to close it by the end of the month.
Karen Bell, the chef who owns the Third Ward butcher shop and restaurant, said she and George Bregar hope to open Company Brewing in February after some remodeling.
Bregar, a home brewer, said Company Brewing would open with five or six of its own beers and will add seasonal beers as well.
Beers will include takes on American and Belgian styles. Bregar said styles he's considering for the opening include an American pale ale, a riff on a Belgian wit, an IPA and a lightly oaked red ale. He's also working on a rum barrel-aged Belgian quad.
For summer, he expects to brew beers with wild yeast, "something crisp and complex and refreshing," he said.
The site has about a dozen draft lines, and some would be given over to other brewers, such as 3 Sheeps; Bregar noted he has
...More info on site
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Canada, BC: Moody Ales opens in Port Moody
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The small city of Port Moody in Metro Vancouver is now the homebase of one of BC’s newest breweries, with the opening of Moody Ales, Canadian Beer News reported on October, 20.
Founded by homebrewers Adam Crandall and Dan Helmer, Moody Ales debuted with a launch party at The Burrard Public House on October 9th, followed by the public opening of the brewery taproom and retail store in Port Moody last Thursday October 16th.
Moody Ales is open for tasting and growler sales daily with the exception of Tuesdays, with plans to expand into bottles and liquor store distribution in the future.
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World: Heineken to be an “active player” in beer industry ongoing consolidation - CFO
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Heineken NV's chief financial officer said the company will be an “active player” in the beer industry's ongoing global consolidation, following the brewer's recent
...More info on site
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China: Carlsberg finalizes acquisition of Chongqing Beer Group
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Following the completion of the regulatory process, the acquisition of 100% of Chongqing Beer Group Assets Management Co. Ltd (“Eastern Assets”) is now final,
...More info on site
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World: Molson Coors to benefit much should AB InBev take over SABMiller
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If AB InBev were to acquire SABMiller, it would “automatically” have to sell 50% of SABMiller’s ownership stake in MillerCoors.
Jamie Dinan, founder of York
...More info on site
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World: EU malting barley markets rising fast due to increasing export demand
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The malting barley markets in the EU are rising fast, due to increasing export demand, Agribrokers said in a report earlier this week.
The
...More info on site
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East Timor: Heineken and Carlsberg want to build factories in East Timor
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The government of East Timor is studying proposals from two international brewers that have shown interest in building factories in the country, Macauhub reported
...More info on site
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China: China’s total barley imports this calendar year may approach 5 mln tonnes
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China imported 323,000 tonnes of barley in August. Expected arrivals are large, the IGC reports July shipments of 247,000 tonnes from France and 61,000
...More info on site
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Russia: Duma approves beer duty freezing bill in first reading
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Russia’s State Duma on October 21 approved in the first reading a bill freezing excise duties on beer and strong alcohol, The Union of Russian Brewers reported.
Thus, excises on beer and strong alcoholic drinks will not increase until 2017.
Industry experts have already called the freeze a “not absolutely perfect but reasonable measure”.
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Ukraine: 92% of winter crop area already planted
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Ukrainian government has announced that 92% of the winter crop area for 2014/15 had been planted as of October 20.
Planting of winter crops began 12-15 days later than usual this year, as a result of a drop in temperature and night frosts occurring for most of the country at the beginning of the month. Weather conditions improved around 11-13 October, which consequently allowed planting to progress.
Winter barley was planted on 779 thousand ha, or 73% of the forecast area.
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Angola: Construction of new brewery launched in Angola
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Construction of a new brewery has begun in Mabuia, at around 70 km from Luanda, Agencia Angola Press reported on October 22.
Located on 72 ha, the new brewery is scheduled to brew 120 mln litres per year. Total investments are projected at US$112 mln and the plant is expected to become operational in 2016.
The brewery’s promoters have signed an investment contract with ANIP, Angola’s national agency for private investments, it is reported.
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