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E-Malt.com Newsletter 45b
November 06 - November 09, 2014
Quote of the Week
"There is nothing for a case of nerves like a case of beer."
Joan Goldstein
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Currency Rates
Base Currency: US Dollar
on November 07, 2014 |
Base Currency: Canadian Dollar
on November 07, 2014 |
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1 USD = 0.8018 EUR
1 USD = 0.6275 GBP
1 USD = 1.1407 CAD
1 USD = 1.1640 AUD
1 USD = 114.7230 JPY
1 USD = 2.5290 BRL
1 USD = 45.7078 RUB
1 USD = 6.1430 CNY
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1 CAD = 0.8768 USD
1 CAD = 0.5502 GBP
1 CAD = 0.7031 EUR
1 CAD = 1.0206 AUD
1 CAD = 100.5920 JPY
1 CAD = 2.2175 BRL
1 CAD = 40.0777 RUB
1 CAD = 5.3863 CNY
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Currency Rates Chart
Equities of the Largest Breweries
World: Molson Coors Brewing Co reports lower-than-expected quarterly profit
...Click here
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USA: MillerCoors’ Q3 underlying net income grew 3.5%
...Click here
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Canada: Barley industry echoing woes of the USA farmers
...Click here
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USA: AB InBev acquires Oregon craft brewer 10 Barrel Brewing Co.
...Click here
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USA: Aroma and dual use hop acreage increases to the detriment of alpha hops
...Click here
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USA: AB InBev to launch tequila-flavoured Oculto beer next year
...Click here
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USA, OR: Craft Brew Alliance announces third quarter results
...Click here
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USA, IN: Scarlet Lane Brewing announces new head brewer
...Click here
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USA, CO: Tivoli Brewing to open its own brewery and taphouse
...Click here
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USA, VI: The Arlington Beer Company plans of opening face obstacles
...Click here
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Russia: Beer output in January – September drops by 4.6%
...Click here
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EU: Malting barley markets seem to have stabilized at this moment
...Click here
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World: SABMiller CEO discusses his vision of the business
...Click here
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Slovenia: Hops production estimated at 2,400 tonnes this year
...Click here
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Australia: Coopers Brewery reports first profit drop in three years
...Click here
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Graph of the Week
Table of the Week
Latin America Beer Production by Country 2005-2013s
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
An environmentally friendly method to hunt for
polyfunctional thiols
ABSTRACT
It becomes more and more clear that sulfur
containing aroma substances with extremely low
flavor thresholds dominate unique flavor
impressions in heavily hopped beers. However the
analysis of these thiols often involves the use of
mercury for sample preparation. These Japanese
researchers propose a new method for the sample
preparation. They use stir-bar sorptive extraction
(SBSE) method followed by in-situ derivatization with
ethyl propiolate, followed by the analysis using the
triple quadrupole GC/MS (QQQ) system with thermal
desorption unit. With the increase of craft beers with
many unique sulfur related hop flavours, this method
might help to correlate sensory impressions with
specific compounds.
Read more
Source: Barth Innovations
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These Days in Business History
November 06
1851 Charles H Dow was born, co-founded Dow Jones/1st editor of Wall St Journal
1923 Col Jacob Schick patents 1st electric shaver
November 07
1865 London Gazette, oldest surviving journal, is founded
1867 Marie Curie is born, French Scientist, discovered radium, Nobel 1903, 1911
1929 The stock market sludges through a day of murky panic, as 2.4 million shares trade in the first half-hour, one of the heaviest openings yet on record
November 08
1789 Bourbon Whiskey, 1st distilled from corn (by Elijah Craig, Bourbon Ky)
1793 Louvre opens in Paris
November 09
1731 Benjamin Banneker, the brilliant African-American mathematician and inventor, is born on a farm in Ellicott's Mills, Md.
1801 Gail Borden, Jr. is born to Gail and Philadelphia Borden in Norwich. After a decade of constant experimentation with preserving food, Borden is awarded is awarded a U.S. patent for condensed milk in 1856.
Agenda
News Articles
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World: Molson Coors Brewing Co reports lower-than-expected quarterly profit
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Molson Coors Brewing Co reported on November 6 a lower-than-expected quarterly profit, hurt by a fall in beer sales in Canada and higher spending
...More info on site
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USA: MillerCoors’ Q3 underlying net income grew 3.5%
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SABMiller plc and Molson Coors Brewing Company on November 6 reported that MillerCoors third quarter underlying net income grew 3.5 percent to $376.7 million
...More info on site
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Canada: Barley industry echoing woes of the USA farmers
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Canada is echoing the woes of the USA with the barley harvest complete but quality highly variable across the country though quality is said
...More info on site
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USA: AB InBev acquires Oregon craft brewer 10 Barrel Brewing Co.
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Anheuser-Busch InBev NV said on November 5 it is acquiring 10 Barrel Brewing Co., the latest move by the world’s largest brewer to tap
...More info on site
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USA: Aroma and dual use hop acreage increases to the detriment of alpha hops
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In the USA, aroma and dual use hop acreage has grown by 28.4% (10,393 ha) in 2014 while alpha hops have dropped to 10.7%
...More info on site
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USA: AB InBev to launch tequila-flavoured Oculto beer next year
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Anheuser-Busch InBev NV is launching a tequila-flavoured beer called Oculto in the U.S. next year, hoping to attract younger consumers who increasingly choose liquor and Mexican beers, The Wall Street Journal reported on November 5.
Oculto, which will make its debut next spring, will be made with blue agave—the same plant used to make tequila—blended with beer aged with wood from tequila barrels.
The new lager won’t contain tequila, but it will have an alcohol content of 6%, more than the 4% to 5% typical of American beers. The product targets a U.S. market that AB InBev has had trouble pursuing since it bought Mexican brewer Grupo Modelo SAB de CV for $20.1 billion in 2013.
Mexican beers are among the most rapidly expanding parts of the beer industry. This year’s shipments of brands such as Modelo Especial and Dos Equis to the U.S. were up 17% through September, according to Beer Marketer’s Insights, a trade publication. Corona is the top-selling import.
When AB InBev bought Modelo, it had to agree to forgo U.S. import rights for that company’s most prominent Mexican beers—Corona, Modelo Especial and Pacifico—to allay antitrust concerns. When it sold the U.S. distribution rights to Constellation Brands Inc., it was left
...More info on site
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USA, OR: Craft Brew Alliance announces third quarter results
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Craft Brew Alliance, Inc. (“CBA”), an independent craft brewing company, reported its financial results for the third quarter ended September 30, 2014, brewbound.com reported on November, 5.
The results for the third quarter are in line with management’s expectations, and the Company reconfirms previously tightened 2014 full year guidance as reported in a press release issued October 28.
“Our third quarter results represent another deliberate step forward in CBA’s long-term quest to continue sustainably growing our topline while driving significant gross margin improvements,” said Andy Thomas, chief executive officer, CBA. “In fact, taking into account the Memphis start-up costs and the tough comparisons over last year’s third quarter, our gross margin rate was in line with our expectations and shows solid growth, allowing us to tighten and even accelerate our long-term gross margin guidance by a full year.”
Depletion volume grew 6% from the third quarter in 2013, and 8% for the nine months ended compared to the same period last year, which is squarely within company’s tightened full year depletion growth estimate of 7-9.
Net sales and total beer shipments increased 6% and 4%, respectively, for the quarter. Nine months ended net sales and total beer shipments grew to 13% and 11%,
...More info on site
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Canada, AB: Tool Shed Brewing opens in Calgary
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Six months after signing a lease for the space, Tool Shed Brewing has brewed the first batch of beer at its own production facility in Calgary, Canadian Beer News reported on October, 31.
Launched in 2013 by Graham Sherman and Jeff Orr as a contract operation with its beers being made at Dead Frog Brewery in B.C., Tool Shed was expected to run under that model for several years, until changes to the minimum production requirements for beers in Alberta that were implemented in December 2013 allowed them to scale down their original vision for the brewery and speed up plans to open their own location.
Sherman and Orr are brewing on a 25 hectolitre brewing system commissioned from DME Brewing Solutions in PEI, and once the first batches of beer are ready and final approvals come through, they plan to open a tasting room and retail store at the brewery.
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USA, OH: Carillon Brewing Co. to start production
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Carillon Brewing Co., which has been open since August in Dayton but has not yet served its first Carillon beer, will begin full scale production of its 19th-century style beers this week, bizjournals.com reported on November, 4.
Tanya Brock, manager of the brewery, said the beer will show up in the historic brewery's taps in about three weeks.
The long anticipated brewery is the first museum exhibit and brewery of its kind in the country, where staff dressed in historical attire are using historical processes and technology to brew beer the way it was done in the 1850s.
The 10,500-square-foot brewery includes a full-service restaurant serving a mix of fares representing the heritage of the historical brewers, including German, English and Irish.
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USA, IN: Scarlet Lane Brewing announces new head brewer
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Scarlet Lane Brewing Company announced Simon Sothras as the new Head Brewer and business partner to Scarlet Lane, brewbound.com reported on November, 5.
Sothras comes to Scarlet Lane from Ninkasi Brewing Company in Eugene, Oregon where he was one of the original brewers that helped launch Ninkasi into being one of the most popular breweries on the West Coast. Before starting at Ninkasi, Simon was a winemaker for Eugene Wine Cellars.
A long-time friend to Scarlet Lane, Sothras will relocate to Indiana mid-November. Eilise Lane, CEO/Brewer and Sothras have previously brewed together while Lane was in brewing school at the American Brewers Guild. Sothras brings a wealth of talent and experience to the Indiana brewing community and will immediately become a partner in the Scarlet Lane Brewing Company LLC. Sothras will be joining Eilise Lane, Doug Sheets, Nick Servies and a primarily female investment team in the management and operation of the business.
Ninkasi Brewing and Scarlet Lane continue to have a close working relationship. “We are stoked for Simon on his new role with Scarlet Lane, and look forward to opportunities to collaborate down the road!” said Nikos Ridge, CEO Ninkasi Brewing Company
Simon officially began his role as Head Brewer on
...More info on site
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USA, CA: Dust Bowl Brewing Co. to expand
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Dust Bowl Brewing Co. plans an expansion with a 30,000-square-foot building that would include brewing, bottling, a tasting room and other operations at Fulkerth Road, modbee.com reported on November, 5.
It now operates out of a 2,100-square-foot building also on Turlock’s west side, and has a downtown tap room and restaurant.
Founder Brett Tate said in August that the expansion “will set us up to be a regional brewery.”
Dust Bowl, founded in 2009, would go from about 4,000 barrels a year now to about 17,000 at the new site.
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USA, CO: Tivoli Brewing to open its own brewery and taphouse
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When the Tivoli Brewery and Taproom is complete, sometime in early 2015, Metropolitan State University of Denver's Hospitality, Tourism and Events program will use it to help train students in its beverage-management program, wewtword.com reported on November, 5.
The original Tivoli Brewing was founded in 1900 and eventually became one of the largest beer-makers in the nation, producing 150,000 barrels a year. It was sold in 1965, however, and went out of business four years later after suffering through both the devastating South Platte River flood and an employee strike.
In 2012, Marshall and his wife, Debbie, bought the lapsed trademarks to the name Tivoli - along with several other long-forgotten Denver beer brands like Sigi's, Zang's and Neef Brothers - and began brewing close approximations of the original German-style lagers at Prost Brewing, with help from the Tivoli's last brewmaster.
Around the same time, Metro began looking for a way to incorporate Colorado's burgeoning craft-brewing industry into its hospitality program. "They reached out to us and we started having discussions about it," Marshall says. "After a series of proposals, we finally got approval to move forward. It has been a long process but it went well."
Tivoli will install its own thirty-barrel
...More info on site
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USA, VI: The Arlington Beer Company plans of opening face obstacles
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The Arlington Beer Company is looking to start a manufacturing, bottling, and distribution facility in Arlington Hts. The business would be the first microbrewery in the village, journal-topics.com reported on November, 4.
The brewery came before the village’s plat and subdivision committee on Oct. 22.
Originally, the owners wanted to include a tap room for beer tastings and tours, according to village staff, but that idea is now scrapped. While the village would not require a liquor license for the production of alcohol, Arlington Beer Company would need one if they actually served beer. Arlington Hts. does not have a liquor license specific to tap rooms so the brewery would have to comply with existing liquor laws. That would mean having a full kitchen that would serve food along with the beer tastings, which was not included in the company’s plan for the site.
But that’s not the only potential issue facing the project. The brewery would be located in the Hickory-Kensington neighborhood. The village recently designated the area a tax-increment financing district to spur future redevelopment. The area is mainly industrial now, but the brewery would not fit those multi-family residential guidelines for future development. Arlington Beer Company would need to
...More info on site
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Russia: Beer output in January – September drops by 4.6%
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According to Rosstat data, Russia’s beer output in September 2014 amounted to 5.9 mln hl.
In January – September, the production volume was 60.4 mln
...More info on site
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EU: Malting barley markets seem to have stabilized at this moment
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The malting barley markets in the EU went up sharply until the end of last week, came down afterwards by approximately 5€ per ton
...More info on site
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World: SABMiller CEO discusses his vision of the business
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They say that every great bartender is part psychologist. Which, by way of analogy, should make Alan Clark just the person to run SABMiller,
...More info on site
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Slovenia: Hops production estimated at 2,400 tonnes this year
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In Slovenia, full harvest was started on August 20 and was completed on or about September 20 despite virtually non-stop rain during the harvest.
...More info on site
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Australia: Hop acreage down by 41 ha in 2014
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The word is Australia had a tough hops season in 2014 with a warm winter in Victoria and Tasmania followed by a cold spring
...More info on site
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Australia: Coopers Brewery reports first profit drop in three years
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South Australian brewer Coopers Brewery has seen its first profit drop in three years as costs associated with a new bottling line and beer sales shifting from kegs to less profitable packaged beer formats squeezed earnings, The Australian reported on November 6.
However, the family-owned Coopers said it continued to enjoy ongoing growth during the 2013-14 financial year with record sales and turnover figures.
Coopers, which is the largest Australian-owned brewer following the foreign takeovers of Lion and Foster’s, said on November 6 that full-year net profit dipped 9.1 per cent to A$28 million for fiscal 2014 from A$30.8 million recorded in 2013.
Coopers managing director, Tim Cooper, said total bulk or kegged beer sales fell 1.5 per cent during the year, while packaged beer sales were up 10.3 per cent.
“Total beer sales in 2013-14 grew 8.1 per cent to 75.3 million litres, continuing the steady growth Coopers has enjoyed since 1994,” Dr Cooper said.
Turnover for the year reached a record A$231 million, 6.9 per cent better than the A$216 million in 2012-13.
Dr Cooper said sales in South Australia — its home market — fell 0.8 per cent during the year, but it remained Coopers’ largest market, accounting for 26.8 per cent of
...More info on site
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