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E-Malt.com Newsletter 03b January 15 - January 18, 2015
Quote of the Week
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Khalil Gibran
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Currency Rates
Base Currency: US Dollar on January 16, 2015 |
Base Currency: Canadian Dollar on January 16, 2015 |
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1 USD = 0.8535 EUR
1 USD = 0.6573 GBP
1 USD = 1.1946 CAD
1 USD = 1.2191 AUD
1 USD = 117.1890 JPY
1 USD = 2.6410 BRL
1 USD = 65.0691 RUB
1 USD = 6.1247 CNY
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1 CAD = 0.8373 USD
1 CAD = 0.5504 GBP
1 CAD = 0.7146 EUR
1 CAD = 1.0208 AUD
1 CAD = 98.1206 JPY
1 CAD = 2.2113 BRL
1 CAD = 54.4812 RUB
1 CAD = 5.1281 CNY
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Currency Rates Chart
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Equities of the Largest Breweries
USA, NY: The Swift Water Brewing Company launches in Rochester
...Click here
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USA, MO & KS: Mother's Brewing Company to start selling its beer in Kansas in February
...Click here
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Canada, ON: Cartwright Springs Brewery expects to be brewing soon at new facility in Pakenham
...Click here
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USA, OH: New craft brewery may open in Nelsonville by May
...Click here
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Canada, BC: Cumberland Brewing opened in namesake village of Cumberland in Comox Valley
...Click here
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USA, NJ: Tuckahoe Brewing Company to move to new location soon
...Click here
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World: AB InBev valuation comes mostly from the Americas - analysts
...Click here
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Australia: Both private owned Coopers and big brewers unhappy about current beer taxes
...Click here
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EU: Barley production forecast to reach 60.3 mln tonnes in 2014/15
...Click here
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UK: Maltsters likely to buy around 1.96 mln tonnes of malting barley of crop 2015
...Click here
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Ethiopia: HEINEKEN officially inaugurates new brewery in Ethiopia
...Click here
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Russia: Barley production forecast at 19.4 mln tonnes, export at 3.3 mln tonnes in 2014/15
...Click here
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EU: From July to January 2014/15 export licenses issued for barley total 4.3 mln tonnes
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Belarus: Beer import down 16.2% in January – November 2014
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UK: Low-alcohol beer sales rocket in Scotland since introduction of lower drink drive limit
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Graph of the Week
Table of the Week
Materials Used at US Breweries 2000 - October 2014
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
These Days in Business History
January 15
1928 1st fully automatic photographic film developing machine patented
1987 The New York Stock Exchange racks up daily volume of over a quarter-of-a-billion shares for the first time, as a total of 253.1 million shares are traded
January 16
1868 Refrigerator car patented by William Davis, a fish dealer in Detroit
1951 World's largest gas pipeline opens (Brownsville Tx, to 134th St, NYC)
January 17
1792 The birthday of the dollar sign ($), as it shows up for the first time on a federal document a U.S. Treasury bond issued to George Washington
1917 US pays Denmark $25 million for Virgin Islands
1891 Walter Eucken, German economist is born
January 18
1840 Electro-Magnetic Intelligencer, 1st US electrical journal, appears
1980 Gold reaches $1,000 an oz
1989 IBM announces earnings up 10.4% in 1988
Agenda
February 2015:
10-12: International Brewing Awards 2015
11-14: National Winter Ales Festival 2015 (Derby, UK)
21-24: Beer Attraction 2015 (Rimini, Italy)
March 2015:
11-14: Brazilian Beer Festival - Festival Brasileiro da Cerveja 2015 (Blumenau, Brazil)
20-21: BeerX 2015 2015 (Sheffield, UK)
31 March - 02 April: ProPak Vietnam 2015 (Ho Chi Minh City, Vietnam)
April 2015:
14-17: Craft Brewers Conference & BrewExpo America 2015 (Portland, USA)
21-23: Brewer (Pivovar) 2015 (Moscow, Russia)
25-26: Zythos 2015 (Leuven, Belgium)
May 2015:
06-08: bevtec Asia 2015 (Bangkok, Thailand)
07-23: The Czech Beer Festival 2015 (Prague, the Czech Republic)
19-22: Beer (Pivo) 2015 (Sochi, Russia)
24-28: EBC 2015 (Porto, Portugal)
26-28: Alimentaria Mexico 2015 (Mexico City, Mexico)
28-30: Copenhagen Beer Festival 2015 (Copenhagen, Denmark)
28-31: Latvia Beer Fest 2015 (Riga, Latvia)
June 2015:
10-14: Mondial de la Biere 2015 (Montreal, Canada)
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
15-17: Brasil Brau 2015 (Sao Paulo, Brazil)
August 2015:
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
More events are available on site www.e-malt.com
News Articles
USA, NY: The Swift Water Brewing Company launches in Rochester
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A new brewing company opened its doors to the public on January 14 in Rochester, WROC-TV reports.
The Swift Water Brewing Company is located on Mount Hope Avenue, near the Ford Street Bridge. The owners say they've already been brewing for 14 years.
The "swift water" name comes from the co-owner's time as a swift water rescue instructor and white water kayaking instructor.
"I loved to brew beer, and serve it to people, and chat about it so this sounds like the perfect venue," beamed the brewery's co-owner, Andrew Cook.
The brewers say they chose the spot on Mount Hope Avenue partly because brewing needs a solid foundation and the building already had a thick concrete floor. They say it also helped that it's in a cool part of the city.
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USA, MO & KS: Mother's Brewing Company to start selling its beer in Kansas in February
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Mother's Brewing Company plans to expand its distribution range. Starting in February, the Springfield-based brewery will send beer to Lawrence, Kansas, OzarksFirst.com reported on January 14.
According to a news released on Mother's website, the brewery will partner with Central States Beverage Company.
"We couldn't be more excited about making new friends in Lawrence and spreading craft beer love," said Mother's owner Jeff Schrag. "We have been so fortunate with our success in the Kansas City market and Lawrence was the logical next step for growth."
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Canada, ON: Cartwright Springs Brewery expects to be brewing soon at new facility in Pakenham
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Inside Ottawa Valley reports that the owners of Cartwright Springs Brewery expect to be brewing soon at their newly built facility in Pakenham, a small village near Ottawa.
Founded by André Rieux with partners Eduardo Guerra and Hien Hoang, Cartwright Springs will brew all of its beer with water from the natural springs on the property, and will sell them on-site in distinctive 1 litre blue glass bottles.
Rieux tells the paper that he expects to have the brewhouse in operation within the next few weeks, and will open the Kickstarter-funded tasting room and retail store to the public in the spring.
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USA, OH: New craft brewery may open in Nelsonville by May
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If all goes as planned, a new craft beer brewery will be in production by May in Nelsonville, woub.org reported on January 14.
Three Columbus-area residents — including Jason Warren, who is originally from Albany — plan to open Multiple Brewing Co. at 82 W. Washington St., according to Warren.
"I think Nelsonville is a community that's ready for a craft beer," said Warren, who is a home brewer and will serve as brewmaster at the Nelsonville facility.
"I've been brewing since 2005," Warren said, adding that he's gotten positive feedback on his beers from people in the craft beer business.
"I love to see people react when they try my beers," Warren said, explaining that it's not unlike the satisfaction a cook gets from making a meal that people enjoy.
Four beers that Warren currently makes — an American amber ale called Fat Chris, an India pale ale (IPA) called Citra Slobber, a Russian imperial stout and a lower-alcohol session IPA — will be the brewery's year-round beers. Warren said seasonal beers also will be produced.
Warren said the operation will be a nano brewery because of its small size. The equipment will be able to may one barrel of beer at a time, or
...More info on site
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Canada, BC: Cumberland Brewing opened in namesake village of Cumberland in Comox Valley
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Cumberland Brewing opened its doors on December 23rd in its namesake village of Cumberland in BC’s Comox Valley, CBN reports.
Founded by two couples – Darren Adam & Michelle Forslund and Caroline & Mike Tymchuk – the brewery is located next door to Riders Pizza, a popular restaurant owned by Caroline and featuring pizzas created by Mike, a veteran brewer who worked at Spinnakers Brewpub in the 1980s, and founded Calgary’s Wild Rose Brewery in 1996.
After several years away from the brewing industry, Mike is back at the kettles at Cumberland, where he will be brewing a constantly rotating line-up of beers. The brewery features a tasting lounge that seats 20 people and a retail store selling 1 litre squealers, 1.89 litre growlers, and 8.5 litre “party pigs” of Cumberland beers. Kegs will also be available for draught sales at several local establishments, but the main focus will be on direct sales at the brewery.
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USA, NJ: Tuckahoe Brewing Company to move to new location soon
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Tuckahoe Brewing Company, currently based in the Ocean View section of Dennis Township, is positioning itself for a growth spurt through its upcoming move to a higher-profile location in Egg Harbor Township, The Current reported on January 14.
With the larger leased space on English Creek Avenue and new equipment purchased from a North Carolina brewery that recently closed, the owners of the 3-year-old craft beer operation expect to increase production.
Pending a transfer of its brewery liquor license and a few renovations inside the building, they hope to be up and running by April or May. The 10,000-square-foot space is inside a building owned by RSL Inc., near the corner of English Creek and Reega avenues in the English Creek section of the township. The new site is six times the size of the Cape May County location, which will close when the new one is ready.
Tim Hanna, one of the brewery’s owners, said they recently purchased a 15-barrel brewhouse – a large-scale piece of equipment that will allow the company to double its production once it is fully in use.
“We currently produce about 500 barrels a year,” said Hanna, who is an English teacher at Mainland Regional High School in
...More info on site
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World: AB InBev valuation comes mostly from the Americas - analysts
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Anheuser-Busch InBev is the world’s largest brewery, which depends heavily on its Americas business. According to our estimates, nearly 90% of the company’s
...More info on site
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Japan: 2014 beer shipments decline 1.5%
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Shipments of beer and quasi-beer in Japan in 2014 dropped 1.5 percent from the previous year, hitting a record low for the 10th straight
...More info on site
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Ukraine: Beer and malt output decline in 2014
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According to Ukrpivo estimates, last year saw Ukraine’s total beer output (except zero-alcohol brands, beer with less than 0.5% alcohol, and Crimean production volume)
...More info on site
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Australia: Both private owned Coopers and big brewers unhappy about current beer taxes
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The privately owned brewer Coopers lifted beer sales by 7.4 per cent in 2014 and now holds 5 per cent of the Australian beer
...More info on site
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EU: Barley production forecast to reach 60.3 mln tonnes in 2014/15
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Stratégie Grains in December revised up its estimate for EU-28 barley output in 2014/15 to 60.3 (previous forecast 60.1, previous year 59.7) mln tonnes.
...More info on site
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UK: Maltsters likely to buy around 1.96 mln tonnes of malting barley of crop 2015
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UK maltsters are likely to buy around 1.96 million tonnes in total of malting barley from the 2015 crop, The Maltsters’ Association of Great
...More info on site
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Ethiopia: HEINEKEN officially inaugurates new brewery in Ethiopia
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HEINEKEN officially inaugurated its new brewery at a greenfield site in Kilinto on the outskirts of Addis Ababa on January 15. In a ceremony attended by 300 guests including His Excellency the Prime Minister Hailemariam Desalegn, Mrs Charlene de Carvalho - Heineken and hosted by Jean-François van Boxmeer, Chairman of the Executive Board and CEO of HEINEKEN, the state of the art brewery was unveiled, Nasdaq reports.
With a total capacity of 1.5 mln hectolitres, the Kilinto brewery is already producing the recently launched Walia® beer together with Bedele® and Harar® beer brands. It is planned that the site will also brew other brands including the flagship Heineken® beer.
Employing around 280 people, drawn from the local workforce, the new facility complements the already established Bedele and Harar breweries which were acquired from the Ethiopian government in 2011. The EUR110 mln new brewery is part of a total EUR310 mln investment in the country by HEINEKEN since 2011.
With this enhanced production footprint, HEINEKEN Ethiopia will be well placed to further develop its portfolio of high quality beers that will meet growing demand in the country.
Speaking at the opening, Jean-François van Boxmeer commented: "Our inauguration marks the latest chapter in our
...More info on site
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Russia: Barley production forecast at 19.4 mln tonnes, export at 3.3 mln tonnes in 2014/15
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UkrAgroConsult said at the end of December it sees 2014/15 (July/June) barley production in Russia now at 19.4 (previous estimate 19.3; previous year 15.4)
...More info on site
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EU: From July to January 2014/15 export licenses issued for barley total 4.3 mln tonnes
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The EU granted the following export licenses from July 1, 2014 to Jan. 6, 2015: wheat (excl. durum) 14.8 (same period last year 15.1) mln t, wheat flour (in grain equivalent) 576,000 (576,000) t, durum 460,000 (331,000) t, barley 4.3 (4.8) mln t, corn 1.4 (2.1) mln t, rye 125,000 (81,000) t and oats 137,000 (129,000) t. The total export license volume thus reached 21.7 (23.1) mln t.
Import licenses totalled 7.4 (7.5) mln t, thereof wheat 1.7 (1.1) mln t, wheat flour 16,000 (12,000) t, durum 1.4 mln (753,000) t, barley 56,000 (9,000) t, corn 4.1 (5.6) mln t, and sorghum 47,000 (124,000) t.
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Belarus: Beer import down 16.2% in January – November 2014
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Beer import in Belarus declined by 16.2% in terms of volume in January-November 2014 as compared to the same period in 2013, charter97.org reported on January 16.
A total of 1.108 mln hl was imported in the country over the reporting period, whereas in money terms the import amounted to $59.3 mln, declining by 28.6% from the same period in 2013.
The two main suppliers – Russia and Ukraine – both reduced shipments of beer to Belarus: Russia by 7.8% and Ukraine by 36.3%.
Experts believe the decline in import is due to the administrative regulations imposed by the government last year.
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UK: Low-alcohol beer sales rocket in Scotland since introduction of lower drink drive limit
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Sales of low-alcohol beer have rocketed in Scotland since the introduction of the lower drink drive limit, retailers have claimed.
Figures show a huge surge in demand for products since the new laws came into force in December, meaning the average man can have just a pint of normal-strength beer before driving and woman only half a pint, The Scotsman reported on January 16.
Supermarket Tesco said sales of low-alcohol products had increased by 80 per cent since the law came into force, while independent stockists agreed there had been high demand.
Bars have also witnessed a higher demand for low-alcohol products, as well as smaller measures such as 125ml glasses of wine, the trade body for Scottish pubs said.
The new rules lowered the alcohol limit for drivers from 80mg to 50mg in every 100ml of blood, bringing Scotland into line with many other countries in Europe. The limit remains higher – at 80mg – in England and Wales.
Peter Sherry, owner of The Beerhive shop in Edinburgh, which stocks 200 different kinds of beer, said he had noticed far higher demand for low-alcohol products.
“We have always stocked a certain number of beers which are under four per cent alcohol,” he said. “We also
...More info on site
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