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E-Malt.com Newsletter 37a
September 07 - September 09, 2015
Quote of the Week
If you don't drive your business, you will be driven out of business.
B.C. Forbes - Founder, Forbes
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Currency Rates
Base Currency: US Dollar
on September 09, 2015 |
Base Currency: Canadian Dollar
on September 09, 2015 |
| |
1 USD = 0.8944 EUR
1 USD = 0.6516 GBP
1 USD = 1.3258 CAD
1 USD = 1.4325 AUD
1 USD = 119.6400 JPY
1 USD = 3.8201 BRL
1 USD = 68.3530 RUB
1 USD = 6.3572 CNY
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1 CAD = 0.7541 USD
1 CAD = 0.4914 GBP
1 CAD = 0.6745 EUR
1 CAD = 1.0803 AUD
1 CAD = 90.2300 JPY
1 CAD = 2.8809 BRL
1 CAD = 51.5479 RUB
1 CAD = 4.7942 CNY
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Currency Rates Chart
Equities of the Largest Breweries
The Netherlands & USA: Heineken acquires 50% stake in US craft brewer Lagunitas
...Click here
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USA: Barley crop just about as perfect as it could get - expert
...Click here
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Canada, BC: Craft beer industry boom drives B.C.’s hop-growing revival
...Click here
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USA, OR: Bend-based North Rim Brewing to increase production
...Click here
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USA, LA: Lafayette’s craft brewing industry to add two new breweries
...Click here
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USA, SD: Dakota Shivers Brewing opens in Lead earlier this year
...Click here
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USA, LA: Flying Tiger Brewery moves into downtown building in Monroe
...Click here
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USA, KY & OH: Old Firehouse Brewery expands its distribution area to Cincinnati
...Click here
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USA, VA: Bull Island Brewing Company plans to open in Phoebus by the end of spring
...Click here
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USA, IL: Construction of a new brewery could begin in Springfield later this month
...Click here
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USA: Gavin Hattersley named permanent CEO at MillerCoors
...Click here
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Japan: Kirin Holdings to become more aggressive in buying Southeast Asian breweries
...Click here
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China: Chinese official stoke concerns over reversal in soaring barley and sorghum imports
...Click here
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China & the Czech Republic: China’s CEFC along with partners to take over 79.4% stake in Pivovary Lobkowicz brewery
...Click here
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World: Hops output to drop this year because of heat and dryness-damaged crop in Europe
...Click here
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World: Diageo should consider a merger of equals with SABMiller – Nomura analysts
...Click here
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Israel: Ministry of Finances reduces taxes on beer and other alcoholic beverages
...Click here
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Japan: Suntory releasing The Malt’s regular beer to challenge Asahi Super Dry’s nearly 50% market share
...Click here
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Graph of the Week
Table of the Week
World Barley Supply and Distribution
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
Let the yeast decide on flavour !
ABSTRACT
Imagine you brew the same beer with the same hopping procedure (same variety, same times of addition) and you just take a different yeast strain for fermentation. How significant would the difference be? We tried it using an American ale yeast (05) in comparison to an Abbaye
yeast. For the hopping, we used Tradition in comparison to Citra. We found that depending
on the hop variety, beers can show a similar (using Tradition) or also a completely different
flavor profile (using Citra) caused by the yeast. Also, different effects on bitterness and
mouthfeel were observed. This is an exciting topic for further sensory research!
Read more
Source: Barth Innovations
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These Days in Business History
07 September
1822 - Brazil declares independence from Portugal (National Day)
1912 - David Packard, co-founder of Hewlett-Packard Co., is born in Pueblo, Colo
1923 - Interpol forms in Vienna
08 September
1923 - Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 - real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million-a $341 million loss in less than a year-and-a-half, "probably the most disastrous real-estate deal known to man"
09 September
1776 - Continental Congress renames "United Colonies," "United States"
1822 - Napoleon J K P Bonaparte is born, French prince/member National Convention
Agenda
September 2015:
06: Craft Bier Festival 2015 (Rapperswil, Switzerland)
06-08: Belgian Brewing Conference 2015 (Leuven, Belgium)
19 September-14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
24-26: Great American Beer Festival 2015 (Denver, USA)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
More events are available on site www.e-malt.com
News Articles
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The Netherlands & USA: Heineken acquires 50% stake in US craft brewer Lagunitas
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Dutch brewer Heineken NV said on September 8 it has taken a 50% stake in Lagunitas Brewing Co. and plans to expand the California-based
...More info on site
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USA: Barley crop just about as perfect as it could get - expert
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This year’s barley crop is just about as perfect as it could get, according to Randy Brag, a grain merchandiser who has been involved
...More info on site
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Canada, BC: Craft beer industry boom drives B.C.’s hop-growing revival
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Harvest time is here in British Columbia for a revitalized local growth industry, The Province reported on September 7.
September 1 marks the first day of the B.C. Hop Company’s three-week harvest, which will be aided by a brand-new arrival from Germany: a Wolf WHE 513 hop-harvesting machine.
“The machine, housed in a barn on a family farm in Abbotsford, is the first new Wolf harvester owned by a Canadian producer, and represents a cost of about C$500,000,” said Diane Stewart, co-owner of the B.C. Hop Company.
“We’re all in,” Stewart said about the investment. “We’re serious.”
The shiny metal behemoth is a symbol, Stewart said, of the continued revival of B.C. hop-growing.
Hops, a principal ingredient in beer, were historically a major local agri-business in B.C., but the local industry completely fizzled out in the 1990s.
Hop farming in B.C. dates back to the 1860s and peaked in the 1940s, when the province’s 2,000 acres of cultivation represented the largest hop-growing region in the British Commonwealth. But the industry completely dried up over the second half of the 20th century amid market consolidation led by major brewing conglomerates.
In the last decade, though, hops have once again become a feasible cash crop in B.C., with
...More info on site
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USA, OR: Bend-based North Rim Brewing to increase production
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His associates like to say Bruce Stevens blasted his way into brewing, Bend Bulletin reported on September 8.
Stevens, owner of Apex Explosives, a drilling and blasting contractor, two years ago teamed up with his neighbour Shane Neilsen to create North Rim Brewing.
Neilsen, a homebrewer at the time and a painting and drywall contractor, provided the know-how; Stevens pitched in some money. Two years later, the company sports three 30-barrel fermentation tanks, three go-to beer varieties and seasonal varieties and a freshly inked distribution agreement with Bigfoot Beverages.
“Neilsen recently stepped away from the business,” said Stevens, who has taken over. Previously, “I came in when I could; I had zero involvement,” he said. “I checked in, drank beer and left.”
Now Stevens and his sister Sharla Shields run the operation. Shields is the full-time office manager and a part-time blasting contractor. Neilsen provides brewer support.
Stevens said he knows now how complex beer and business are together.
Neilsen said brewing drew the short straw when he had to make some choices in life. He has no concerns that Stevens, who is in the process of buying out his partner, will not keep up the North Rim Brewing quality.
“The equipment performs a certain way,” Neilsen
...More info on site
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USA, LA: Lafayette’s craft brewing industry to add two new breweries
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Cajun Brewing, the first microbrewery in the Lafayette city’s limits, is opening soon, Washington Times reported on Septemeber 7.
Cajun Brewing is only a permit and few days away from operating as a legal brewery while Hub City Beerworks is still at least a year away.
“Getting the opportunity to be involved in something like this on the ground floor is huge,” said James Lutgring of Cajun Brewing. “I think we have an amazing chance to do something and be a big part of the community.”
There were 3,464 craft breweries in America in 2014, according to the Brewers Association. That’s the highest number since 1873.
Louisiana is a bit behind on the trend, ranking 49th in the nation for craft breweries per capita, according to the Brewers Association’s statistics.
Cajun Brewing was born out of friendships formed in the local beer group, Dead Yeast Society.
Oilfield engineer Zeke Bossley led the effort, surprising his friends in 2010 when he purchased an auto shop at 206 Rayburn St. to house the brewery business he’d talked about opening for years.
The brewery has been more than 10 years in the making, which involved everything from perfecting 100 home-brewed recipes to building out a space suitable for brewing.
Located
...More info on site
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USA, SD: Dakota Shivers Brewing opens in Lead earlier this year
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After sweeping across the nation over the past 20 years or so, the craft beer boom finally has come to the western South Dakota’s city of Lead, Washington Times reported on September 6.
Linda and Steve Shivers opened Dakota Shivers Brewing earlier this year in the city of 3,000-plus residents. The brewery has five craft beers on tap: 5280 Pale Ale, Old English Hood ESB, Vertical Mile IPA, Dark Matter RyePA, and Whistle Blowin’ Stout. And they’re brewed by Linda Shivers below the taproom.
Steve Shivers has homebrewed beer on and off for roughly 30 years. He said he learned from that and from a childhood friend, Hal Tippens, who owned Raven’s Ridge Brewery in Fairbanks, Alaska, in the 1990s.
“When we first thought about opening our own brewery we called him and said, ‘Hal, talk us out of it’ - and he did try,” Steve said with a laugh. “Once he failed, he became a great mentor.”
Tippens has such an impact on the Shivers that they decided to name one of their fermenters after him.
Some states that have been a part of the craft beer craze for years boast dozens of breweries, like the 210 establishments in Oregon. Although it’s not
...More info on site
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USA, LA: Flying Tiger Brewery moves into downtown building in Monroe
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Two years ago the Flying Tiger Brewery was just an idea thought up by three guys who wanted to bring a craft brewery to Monroe, Knoe 8 News reported on September 4.
"Finally today we are at the point where we are taking over this location and we have two big buildings. It’s a four thousand square foot warehouse with a two thousand square foot warehouse, which will serve as our tap room," says co-founder Robert Brewer.
"In the brew house you are going to see what you might expect to see in a brewery, you're going to see all these big stainless steel fermenters, the brew equipment and some of our storage equipment on this side," says Brewer.
"We are going to try to create something unique, different then other taprooms that we've seen around the country, expect something different when you come here, hoping to have something nice," says Brewer.
Co-founder James Simpson say they are using a test batch system to create new recipes and perfect existing ones.
"We are going to start with three definite flagships, we are going to have an IPA, we'll have an amber ale and we are going to open up the doors also with nitrogen poured
...More info on site
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USA, KY & OH: Old Firehouse Brewery expands its distribution area to Cincinnati
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Old Firehouse Brewery of Williamsburg, OH, recently announced an expansion of its distribution area. Old Firehouse Brewery can now offer its beer throughout Ohio, Soapbox Cincinnati reported on September 8.
As of September 1, Williamsburg-based brewery Old Firehouse Brewery, which opened less than a year ago, started selling its beer throughout the state of Ohio.
The brewery’s core beers (Pin-Up Girl (an American blonde ale); Code 3 (a red ale); Flash Point (an East Coast-style IPA); Probie Porter (a chocolate and coffee porter); and Hoser Gose (a wheat gose) are now widely available, as will seasonal and limited-edition beers as production allows.
Old Firehouse Brewery is expanding its brewery, located at 237 Main St. in Williamsburg. Husband-and-wife owners Adam Cowan and Lori Ward are in the process of purchasing buildings adjacent to the current space in order to expand production and meet demand.
Also in the works is the brewery’s one-year anniversary party, scheduled for September 26.
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USA, VA: Bull Island Brewing Company plans to open in Phoebus by the end of spring
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The brewing industry in Phoebus might add a new brewery in 2016. Owner Doug Reier wants to enter Hampton Roads with Bull Island Brewing, a brewpub that he envisions on 34 E. Mellen St., Daily Press reported on September 5.
"Virginia has been lagging behind" in attracting craft breweries, Reier said. “The Peninsula in particular is sorely lacking when compared even to South Hampton Roads,” he added.
Reier has been brewing for a decade at his home in Poquoson, hence the name of the brewery. Bull Island is an old nickname for the small city. He said he's excited to unleash his brews on the public, including a heavy Belgian-style beer, a hoppy India Pale Ale and a vanilla bean stout. Reier plans to offer other, more experimental options after he gets things up and running.
Reier has been planning to open a brewery for more than a year and happened on the space when driving with a friend through Phoebus looking for antiques. Reier said he has an affinity for the old parts of town and brick buildings, and fell in love when he saw the old Benthall Brothers storefront.
The building is owned by Richard Levin, a developer who owns several Mellen
...More info on site
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USA, IL: Construction of a new brewery could begin in Springfield later this month
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A $2.5 million downtown brewery project could begin construction this month after receiving a property tax abatement from the city of Springfield, Springfield News Sun reported on September 5.
The 10-year, 60-percent tax abatement for the property at 109 W. North St. was approved by city commissioners at September 2’s meeting.
“The tax abatement will help the project get off the ground,” said local developer Tom Loftis, the agent for 109 W. North Street Realty, LLC. Developers will spend $1.3 million on building improvements and $800,000 on equipment, according to public documents.
“It’s got a considerable amount of risk — any start-up does today,” Loftis said. “We’re hoping that overall it helps redevelop that entire area and continue what’s already been done. Sometimes when you start one of these things you need all the help you can get.”
The tax abatement is estimated at about $214,000 over a 10-year period, based on projected improvements. The real value of the abatement will be determined by the Clark County Auditor’s Office once it’s completed.
“Local developer Kevin Loftis, who earned a diploma in brewing studies from the Siebel Institute of Technology in 1997, and other business partners, are hoping to close on the property later this month
...More info on site
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USA: Gavin Hattersley named permanent CEO at MillerCoors
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Gavin Hattersley, the chief financial officer at Molson Coors Brewing Co. who has been filling in as interim CEO at MillerCoors LLC, is getting the job permanently, the Denver Business Journal reported on September 8.
MillerCoors — the Chicago-based joint venture of Denver-based Molson Coors and London-based SABMiller plc that sells their products in the U.S. — made the announcement on September 8.
Hattersley, 52, took the interim CEO job after Tom Long retired June 30 while retaining his Molson Coors executive post. At the time, MillerCoors said it had launched a search for a permanent successor to Long.
Shortly after assuming the interim post, Hattersley replaced MillerCoors' chief marketing officer and president of sales.
The MillerCoors board — led by its chairman, Pete Coors — approved Hattersley as permanent CEO.
“Gavin is the right person to lead MillerCoors forward,” said Pete Coors, who is also vice chairman of Molson Coors. “Gavin has a great handle on what needs to be done to achieve growth at MillerCoors and he has the complete confidence of the Board, the employees and the distributor network to achieve this aspiration.”
Mark Hunter, CEO at Molson Coors, said Hattersley “combines his business knowledge with a healthy dose of impatience that’s needed
...More info on site
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China: Beer sales decline rate grows in Q2 2015
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The rate of the sales decline of Chinese beer breweries grew in the second quarter as the industry continues to experience its first major
...More info on site
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Japan: Kirin Holdings to become more aggressive in buying Southeast Asian breweries
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Kirin Holdings Co. wants to become more aggressive in buying Southeast Asian companies after the sale of its stake in Singapore-based conglomerate Fraser &
...More info on site
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China: Chinese official stoke concerns over reversal in soaring barley and sorghum imports
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Chinese officials stoked concerns over a reversal in soaring barley and sorghum imports, even as they reassured on soybean buy-ins in seeing stronger-than-expected purchases
...More info on site
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China & the Czech Republic: China’s CEFC along with partners to take over 79.4% stake in Pivovary Lobkowicz brewery
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Chinese group CEFC along with partners will take over a 79.4 percent stake in the Czech brewery Pivovary Lobkowicz Group (PLG), according to an
...More info on site
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World: Hops output to drop this year because of heat and dryness-damaged crop in Europe
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World hops production is expected to drop by 9.7% this year to 87.24 thousand tonnes from 96.65 thousand tonnes last year, Simon H. Steiner
...More info on site
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Russia: Malting barley quality lower this year
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According to APK-Inform experts, the quality of the new crop malting barley in Russia is below last year’s.
The decline in quality is explained by
...More info on site
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World: Diageo should consider a merger of equals with SABMiller – Nomura analysts
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A revival of Diageo merger speculation helped give traders a distraction from another grim day for the FTSE 100, Financial Times reported on September
...More info on site
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Israel: Ministry of Finances reduces taxes on beer and other alcoholic beverages
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Israel’s Finance Minister Moshe Kahlon on September 8 signed a decree reducing taxes on beer by about 46 percent, and other alcoholic beverages by 21 percent, Ynetnews reported.
In 2012 the tax on beer was doubled, and it was determined that the tax would be NIS 4.33 per litre of beer with a concentration of over 3.8 percent – a significantly higher tax level than it is customary in the OECD.
Starting September 8 night, the tax rate for this beer will be 2.33 shekels per litre. Beer in reusable bottles with an alcohol content of 3.8 percent will remain exempt from purchase tax.
The Finance Ministry said that examination of the results of the previous tax increase on beer showed that despite the doubling of the tax, it barely affected the consumption levels of beer.
This means that the imposition of the tax in 2012 fell almost entirely on consumers without any real benefit with regard to reducing harmful drinking.
"We will continue to lower the cost of living in Israel and relieve the consumer wherever possible," Kahlon said. "We intend to continue the trend and will not hesitate to correct distortions in the tax system as required
...More info on site
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Japan: Suntory releasing The Malt’s regular beer to challenge Asahi Super Dry’s nearly 50% market share
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The battle over regular beer sales are expected to become more competitive in Japan with the release of The Malt’s by Suntory Beer Ltd. on September 8, a direct challenge to Super Dry — the market leader — made by Asahi Breweries, Ltd, The Japan News reported.
Major breweries have been focusing on new beer products, with prices around ¥220 for a 350-milliliter can, and eyeing possible future cuts in the tax rate for beer.
“Is it fun, living a dry life?” a combative TV advertisement for The Malt’s asks in a clear sign that the new product is aimed at Super Dry’s share of nearly 50 percent of the beer market. The Malt’s features a rich and subtle mellow flavor, according to Suntory.
Suntory ended production of its Malt’s beer last month. Its successor, The Malt’s, is the first major product developed for the regular beer market in 29 years — since the release of Malt’s in 1986. During the 2000s, the company has focused on its high-end The Premium Malt’s and Kinmugi, a so-called third-segment quasi-beer.
Currently, different tax rates are applied for beer, happoshu low-malt quasi-beer and third-segment quasi-beer. In a review of the taxation system, the government and the ruling
...More info on site
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