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E-Malt.com Newsletter 22a May 25 - May 27, 2015
Quote of the Week
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Currency Rates
Base Currency: US Dollar on May 27, 2015 |
Base Currency: Canadian Dollar on May 27, 2015 |
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1 USD = 0.9159 EUR
1 USD = 0.6484 GBP
1 USD = 1.2362 CAD
1 USD = 1.2837 AUD
1 USD = 122.4100 JPY
1 USD = 3.1106 BRL
1 USD = 50.5054 RUB
1 USD = 6.0885 CNY
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1 CAD = 0.8088 USD
1 CAD = 0.5244 GBP
1 CAD = 0.7407 EUR
1 CAD = 1.0382 AUD
1 CAD = 99.0000 JPY
1 CAD = 2.5157 BRL
1 CAD = 40.8464 RUB
1 CAD = 4.9241 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: The original light beer, Miller Lite, is now available in Canada
...Click here
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Canada, BC: Doan’s Craft Brewing set up in Vancouver
...Click here
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Canada, ON: Union Jack Brewing opened a location in Sault Ste. Marie
...Click here
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USA, OH: Fast-growing beer maker Rhinegeist taps Columbus for a nanobrewery
...Click here
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USA, WA: Hellbent Brewing Company set to open on May 30 in Lake City
...Click here
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Canada, NB: Picaroons plans a brewery in Historica Development in Saint John
...Click here
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World: Rising malt sales forecasts may not come true in view of disappointing beer sales reports of the beginning of this year
...Click here
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World: Beer category value up nine percent this year – Millward Brown
...Click here
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Malaysia: Carlsberg Brewery Malaysia’s first-quarter net profit declines as customers limit their purchases
...Click here
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World: After two years of record volumes world grain crop now expected slightly down
...Click here
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Spain: Mahou San Miguel increases operating profit and turnover in 2014
...Click here
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Brazil: Beer industry accounts for 14% of Brazil’s overall industry
...Click here
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World: Irish whiskey industry aiming to grow its global market share by 300% by 2030
...Click here
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Russia: Russia proposes new curbs on wheat shipments
...Click here
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Cambodia: Supplies of Heineken beer drying up in Cambodia
...Click here
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Poland: Brewery near Kraków to open after over 70 years
...Click here
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The Philippines: San Miguel Brewery to introduce new non-alcoholic beverage products in partnership with Kirin
...Click here
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Graph of the Week
Table of the Week
Austrian Brewing Industry
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
These Days in Business History
25 May 1915 - Thomas Edison invents telescribe to record telephone conversations
1953 - Nuclear testing: At the Nevada Test Site, the United States conduct their first and only nuclear artillery test 1954 - IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour
1960 - 1 millionth Dutch telephone installed
1966 - Explorer program: Explorer 32 launches
26 May 1781 - Bank of North America incorporates in Philadelphia
1896 - Dow Jones begins an index of 12 industrial stocks (closing is 40.94)
1986 - The European Community adopts the European flag
27 May 1895 - British inventor Birt Acres patents film camera/projector
1952 - European Defense Community forms
1969 - Walt Disney World construction begins
Agenda
May 2015:
06-08: bevtec Asia 2015 (Bangkok, Thailand)
07-23: The Czech Beer Festival 2015 (Prague, the Czech Republic)
18-20: 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)
09-12: Artbeerfest 2015 (Caminha, Portugal)
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
Canada: The original light beer, Miller Lite, is now available in Canada
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London-based multinational brewing and beverage company SABMiller's Canadian subsidiary has launched Miller Lite beer in the Canadian market, Drinks Business Review reported on 26 May.
SABMiller Canada Marketing vice-president Stewart Cowan said: "Miller Lite is the original light beer. It is the one that defined the category.”
"Since launching in the 70's, Miller Lite has been purposely brewed to have great colour, aroma, and taste. We know that quality matters to light beer drinkers and we believe Miller Lite is the best tasting light beer. However, that's just our opinion, so we are inviting Canadian beer drinkers to try it and decide for themselves."
Imported from the US and dubbed as an American Light Lager, Miller Lite delivers the perfect balance of lightness and taste.
Cowan said: "Since launching two weeks ago, the response has been very positive from both customers and consumers. The long weekend in May proved to be the perfect timing to introduce Miller Lite to Canadians, and we look forward to a great summer ahead."
SABMiller operates in more than 80 countries and has about 70,000 employees.
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Canada, BC: Doan’s Craft Brewing set up in Vancouver
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Beer Me BC reports that a new brewery has set up a shop in East Vancouver in a location that will be quite familiar to local craft beer drinkers.
Doan’s Craft Brewing – founded by brothers Mike & Evan Doan and partner Kevin Sharpe – opened on May 22 at 1830 Powell Street, Vancouver, a spot that was the original home of Powell Street Craft Brewery before it moved last autumn.
Doan’s has launched with three brands – Kölsch, Altbier and Rye IPA – available to sample on-site or take home in growlers. Additional styles are planned to follow in the future as time and demand allows.
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Canada, ON: Union Jack Brewing opened a location in Sault Ste. Marie
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A year-and-a-half after it was originally announced, Union Jack Brewing is now open in downtown Sault Ste. Marie, CBN reported on May 21.
Founded by brothers Jeff & Jordan Jack, Union Jack is located at 9 Queen Street, Sault Ste. Marie.
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USA, OH: Fast-growing beer maker Rhinegeist taps Columbus for a nanobrewery
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Rhinegeist is installing a nano-sized brewery in Columbus, Central Ohio, according to the Ohio Beer Blog.
Co-owner Bryant Goulding described the Columbus setup as a “research and development brewery” to be used for experimental batches. It would be closed to the public, but it could make exclusive beers just for that local market.
The brewing operation will be in Rhinegeist’s new Columbus distribution facility at 457 Neilston Ave. in the Warehouse District. The company opened its 17,000-square-foot Central Ohio hub so it could grow its reach there.
Rhinegeist is only two years old but has rocketed to 11,000 barrels of annual production and is in the midst of a $10 million expansion that would take it to 30,000 barrels.
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USA, WA: Hellbent Brewing Company set to open on May 30 in Lake City
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Seattle’s Lake City community is about to get a new brewery. Hellbent Brewing opens on May 30, seattlepi.com reported on May 26.
Hellbent Brewing’s headbrewer is Brian Young, who used to work at Redhook, Gordon Biersch, and Rock Bottom (Bellevue).
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Canada, NB: Picaroons plans a brewery in Historica Development in Saint John
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New Brunswick real estate development company Historica has announced that its latest project in Uptown Saint John will include an off-shoot location of Fredericton’s Picaroons Traditional Ales, CBN reported on May 22.
While few details of the new brewery have been announced, it will likely be similar to the Picaroons Brewtique in downtown Fredericton.
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World: Rising malt sales forecasts may not come true in view of disappointing beer sales reports of the beginning of this year
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In view of the beer sales numbers of the first months of the year it seems difficult to follow optimistic forecasts for rising beer
...More info on site
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World: Beer category value up nine percent this year – Millward Brown
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The global beer category increased nine percent in brand value to USD78.6 bln on the strength of consumption in China and Latin America, despite
...More info on site
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Russia: Beer output down 5.6% in January-April
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Russia’s beer output in January-April declined by 5.6% as compared to the same period last year, Rosstat reported on May 22.
In April alone, the
...More info on site
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Thailand: Beer sales hurt by high household debt
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The high household debt has hurt the sales of non-essential items, particularly beer, as Thai consumers suffer a loss of purchasing power, ThaiVisa News
...More info on site
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Malaysia: Carlsberg Brewery Malaysia’s first-quarter net profit declines as customers limit their purchases
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Carlsberg Brewery Malaysia Bhd's net profit fell 9.8% to RM47.23 million or 15.45 sen per share in the first quarter ended March 31, 2015
...More info on site
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World: After two years of record volumes world grain crop now expected slightly down
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World crops and consumption of all major grains and oilseeds have set new records in the past two years, H. M. Gauger GmbH said
...More info on site
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World: Hop crop 2014 estimated at 94,520 tons
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On the basis of all hitherto published yield results, the 2014 world hop crop is 94,520 tons of raw hops or 9,650 tons of
...More info on site
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Spain: Mahou San Miguel increases operating profit and turnover in 2014
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Mahou San Miguel, Spain's leading brewer, said earlier in May it achieved an operating profit of 168 million euros in 2014, up 1.8% on
...More info on site
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Brazil: Beer industry accounts for 14% of Brazil’s overall industry
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Beer industry accounts for 14% of the Brazilian overall industry, a new report by Ambev showed in May.
The sector employs almost 2.3 mln workers
...More info on site
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World: Irish whiskey industry aiming to grow its global market share by 300% by 2030
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Ireland’s Minister Coveney on May 12 launched the Irish Whiskey Association’s “Vision for Irish Whiskey” at an event in the Old Jameson Distillery, Smithfield.
...More info on site
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Russia: Russia proposes new curbs on wheat shipments
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Russia proposed new curbs on wheat shipments only 10 days after formally ending a previous levy, saying it needs to protect livestock farmers from rising feed costs, Bloomberg reported on May 25.
The tax may apply from July 1, the start of the 2015-16 marketing season, if it’s approved by the Cabinet, Agriculture Ministry spokeswoman Yekaterina Popova said. It would be at least 1 rouble a metric ton and may be higher if contract prices rise above 11,000 roubles ($220) a ton.
Russian wheat prices should be limited to no more than that level in order to protect the country’s animal-breeding industry, Agriculture Minister Alexander Tkachev said May 15. Prices for next season’s crop rose 2.7 percent to $190 a ton in the week to May 18, according to data from Moscow-based grains carrier ZAO Rusagrotrans.
The proposed 11,000-rouble threshold is “a very low level to trigger a tax,” said Arkady Zlochevsky, president of the Russian Grain Union, a Moscow-based industry lobby group.
Prime Minister Dmitry Medvedev on May 15 ended the previous tax a month-and-a-half earlier than planned after the country’s inflation slowed, easing concern over soaring bread costs.
Speculation that more wheat would enter the market after the tax was removed contributed to
...More info on site
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Cambodia: Supplies of Heineken beer drying up in Cambodia
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Cambodia’s Heineken lovers are feeling a bit parched as a months-long dispute between the Dutch beer’s distributors dries up supply of the amber lager in the kingdom, Bangkok Post reported on May 26.
The Phnom Penh Post reported on May 25 that bars, hotels and supermarket all have seen their Heineken taps go dry with neither Cambodia Brewery Limited, the beer's exclusive distributor, and Attwood Import Export, its previous producer, unable to explain the shortage or predict when it will end.
Attwood, which had brewed, bottled and distributed Heineken under licence since 1994, saw its contract expire in December and distribution rights went to CBL, which has been progressively bought out by Heineken Asia-Pacific Export.
Atwood raised such a fuss over the loss of its lucrative contract in January that the Commerce Ministry ordered both firms to work out a deal. That hasn't happened.
CBL on May 25 wasn't saying much on the matter, disclosing only that the shortage has been acute for about a month and that it was "working with the relevant stakeholders and the former distributor" to bring the beer back, the Post quoted the firm as saying.
So while Heineken markets itself as the beer that "refreshes the parts other beers
...More info on site
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Poland: Brewery near Kraków to open after over 70 years
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Browar Tenczynek, near the southern city of Kraków in Poland, is to start brewing beer after over 70 years, Radio Poland reported on May 25.
The move comes after the brewery’s listed buildings were purchased and renovated by Browary Regionalne Jakubiak, which owns brewing facilities in Ciechanów, Lwówek Śląski and Bojanów.
Marek Jakubiak, CEO of Browary Regionalne, said the company bought the complex from bankruptcy trustees in May 2014 for over PLN 3 million. The brewery site was formerly used as a juice factory.
The estimated cost of renovations stand at PLN 12 million, with Jakubiak saying that “the brewery has already started production”.
Jakubiak said that a number of new brewing facilities had been installed, adding that during renovation works, a number of original architectural features which had been installed by Count Adam Potocki when he expanded the brewery in the 19th century had been restored.
“Traditional brewing methods still hold their ground today,” Jakubiak said, adding that the brewery is initially set to produce some 55-60 thousand hectolitres of beer annually, with production set to double in the future. Tenczynek is set to produce local beers, along with a line of lager.
The brewery currently employs 20 people, although that number may rise if
...More info on site
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The Philippines: San Miguel Brewery to introduce new non-alcoholic beverage products in partnership with Kirin
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San Miguel Brewery Inc (SMB) is partnering with Kirin Holdings Co Ltd of Japan to introduce new non-alcoholic beverage products in the Philippines in line with its multi-beverage strategy, the BusinessWorld reported on May 27, quoting a company official.
The diversification in non-alcoholic drinks will add 30 percent to revenues in the next five years, San Miguel Corp President Ramon Ang told reporters on the sidelines of a stockholders' meeting of subsidiary SMB.
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