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RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

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E-Malt.com Newsletter 50b
December 10 - December 13, 2015

Quote of the Week

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Currency Rates

Base Currency: US Dollar
on December 11, 2015
Base Currency: Canadian Dollar
on December 11, 2015
      1 USD = 0.9108 EUR
1 USD = 0.6591 GBP
1 USD = 1.3569 CAD
1 USD = 1.3724 AUD
1 USD = 121.5500 JPY
1 USD = 3.7594 BRL
1 USD = 69.2151 RUB
1 USD = 6.4357 CNY
      1 CAD = 0.7369 USD
1 CAD = 0.4857 GBP
1 CAD = 0.6711 EUR
1 CAD = 1.0113 AUD
1 CAD = 89.5700 JPY
1 CAD = 2.7702 BRL
1 CAD = 50.2256 RUB
1 CAD = 4.7422 CNY

Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA: Modelo Especial heads the list of America’s fastest growing beer brands ...Click here
Barley news USA: Barley markets remain quiet ...Click here
Brewery news Canada, ON: Brick Brewing’s net revenues for Q3 of fiscal 2016 grow to C$9.8 mln ...Click here
Brewery news USA, CA: San Francisco’s Magnolia Brewing Co. files for Chapter 11 bankruptcy ...Click here
Brewery news USA, ME: Three friends working to open Scarborough’s first brewery later this year ...Click here
Brewery news USA, VA: Charlottesville-based Three Notch’d Brewing Co. to open small brewery in Richmond ...Click here
Brewery news USA, NC: New Sarum Brewing Company’s launch scheduled for the first quarter of 2016 ...Click here
Brewery news USA, OH: Loose Rail Brewing preparing for spring opening in Canal Winchester ...Click here
Brewery news USA, TX: Two Wheel Brewing Co. slated to begin brewing Buda in May ...Click here
Brewery news USA, IN: Daredevil Brewing Co expands distribution across Indiana ...Click here
World News
Brewery news EU: AB InBev could struggle to find European buyers for Grolsch and Peroni - expert ...Click here
Malt news World: Australian malt production expected to decline, European and Chinese malting industries enjoy currency and freight advantages ...Click here
Barley news World: Barley trade forecast unchanged, production forecast increased to 145.164 mln tonnes ...Click here
Barley news EU: Barley exports slow down in November ...Click here
Barley news Russia & Ukraine: Barley crop estimates still not final ...Click here
Brewery news India: Local beer consumption declines in Delhi ...Click here
Brewery news UK: Heineken MD named as new chairman of the British Beer & Pub Association ...Click here
Graph of the Week

Table of the Week

EU - 28 Barley Crop 2015f

Table of the week.

Prices Evolution

Prices evolution

Barley Prices

Canadian Malting and Feed Barley Prices

US Malting and Feed Barley Prices

French Malting and Feed Barley Prices

German Malting Barley Prices

Theoretical Malt Prices

Canadian Malt Prices

US Malt Prices

Theoretical EU Malt Prices

Scientific Digest


What is the influence of hard resins on the reactions in beer during storage? This was the question of this Japanese research team. For this work the compositional changes of hard resins were investigated using a beer aging model. The hard resins contained a series of alpha-acid oxides. Among them, 4'-hydroxyallohumulinones proved to be unstable during beer storage. In conclusion these researchers were able to show that compositional changes in the hard resins derived from stored hops that occur in beer during storage are attributed mainly to the proton-catalyzed cyclization reaction of 4'-hydroxyallohumulinones. Novel polycyclic compounds, namely, scorpiohumulinols and dicyclohumulinols have been identified and shown to be stable relative to their precursors. Still it is unclear what the sensory consequences of these changes are; this need to be investigated.

Read more
Source: Barth Innovations

These Days in Business History

10 December
1672 - New York Governor Lovelace announces monthly mail service between New York & Boston
1799 - Metric system established in France
1868 - The first traffic lights are installed, outside the Palace of Westminster in London
1901 - 1st Nobel Peace Prizes (to Jean Henri Dunant, Frederic Passy)
1915 - 10,000,000th model T Ford assembled
1930 - Clayton K Yeutter, US trade representative/Republican National chairman is born in Nebraska
1948 - UN General Assembly adopts Universal Declaration of Human Rights
1993 - Dow Jones hits record 3740.67

11 December
1901 - 1st newspaper on Curaçao (Curaçao Gazette & Commercial Advertiser)
1901 - Marconi sends 1st transatlantic radio signal, Cornwall to Newfoundland
1930 - Bank of the United States opens in New York NY
1967 - SST prototype "Concorde" 1st shown (France)
1985 - General Electric acquires RCA Corp & its subsidiary
1985 - Dow Jones closes above 1,500 for 1st time (1,511.70)
1997 - The Kyoto Protocol opens for signature

12 December
1858 - Bank of the US opens
1858 - Washington DC established as capital of US
1858 - 1st Canadian coins circulated (1¢, 5¢, 10¢ & 20¢)
1878 - Joseph Pulitzer begins publishing "St Louis Dispatch"
1901 - Marconi receives 1st transatlantic radio signal, England to US
1991 - Maastricht Treaty signed to create a European Community

13 December
1789 - England & Russia sign trade agreement
1789 - 1st loan to U.S. Government (from New York City banks)
1898 - Hannibal Goodwin patents celluloid photographic film
1983 - British Airways incorporates


World Beer Cup 2016

February 2016:
05-07: Alltech Craft Brews & Food Fair 2016 (Dublin, Ireland)
06-07: Bruges Beer Festival 2016 (Bruges, Belgium)
17-20: Camra's National Winter Ales Festival 2016 (Derby, UK)
19-21: Finest Spirits 2016 (Munich, Germany)
20-23: Beer Attraction 2016 (Rimini, Italy)
26-28: Brau Kunst Live 2016 (Munich, Germany)

March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
04-06: Barcelona Beer Festival 2016 (Barcelona, Spain)
07-09: VLB Brewing and Engineering Conference 2016 (Soest, Germany)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (Sheffield, UK)
16-18: Expo Antad & Alimentaria Mexico 2016 (Mexico City, Mexico)
23-25: St. Petersburg Brewers Forum 2016 (St. Petersburg, Russia)

April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
07-09: Warsaw Beer Festival 2016 (Warsaw, Poland)
13-15: Siberian Beer 2016 (Novosibirsk, Russia)
15-16: Helsinki Beer Festival 2016 (Helsinki, Finland)
23-24: Zythos Beer Festival 2016 (Leuven, Belgium)

May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
17-20: Beer (Pivo) 2016 (Sochi, Russia)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
20-18 June: Great Australian Beer Spectacular (GABS) 2016 (Melbourne - Sydney - Auckland, Australia)
25-29: Latvia Beer Fest 2016 (Riga, Latvia)

June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
09-11: South Beer Cup 2016 (Curitiba, Brazil)
14-16: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2016 (Shanghai, China)

July 2016:
07-10: Artbeerfest 2016 (Caminha, Portugal)
13-15: ProPack China 2016 (Shanghai, China)

August 2016:
05-07: The 20th International Berlin Beer Festival (Berlin, Germany)
09-13: The Great British Beer Festival 2016 (London, UK)
10-13: Vietfood & Beverage - ProPack 2016 (Ho Chi Minh, Vietnam)
13-17: World Brewing Congress 2016 (Denver, USA)

September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)

October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
11-14: China Brew, China Beverage 2016 (Shanghai, China)

November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)

December 2016:
15-17: drink technology India 2016 (Mumbai, India)

More events are available on site www.e-malt.com

News Articles

Brewery newsUSA: Modelo Especial heads the list of America’s fastest growing beer brands
In the last five years alone, Americans’ drinking preferences have substantially shifted. Once unassailable beers such as Budweiser and Miller High Life have seen ...More info on site

Barley newsUSA: Barley markets remain quiet
The US barley markets, both for feed and malting barley, have remained quiet lately due to the lack of news that would impact the ...More info on site

Brewery news Canada, ON: Brick Brewing’s net revenues for Q3 of fiscal 2016 grow to C$9.8 mln
Brick Brewing Co. Limited, Ontario's largest Canadian-owned brewery, released on December 10 results for the third quarter ended October 25, 2015.

Net revenues for the third quarter of fiscal 2016 grew to C$9.8 million, up from C$9.3 million in the third quarter of fiscal 2015. Excluding the impact of C$147 thousand in one-time costs related to the Kitchener expansion, gross margins for the quarter were 27.2% versus 26.6% in Q3 of the prior year. Continued improvements to product mix coupled with success in cost reduction initiatives mitigated the impact of a soft pricing environment. EBITDA for the third quarter of fiscal 2016 improved to C$1.5 million, and C$1.6 million excluding one time costs, compared to C$1.4 million in the third quarter of fiscal 2015.

"Competitive pricing pressure in the quarter impacted our Laker brand, as international brewers had National brands at deep discount pricing for much of the quarter. Our ability to generate EBITDA growth in this environment is a testament to the strength of our Waterloo craft premium brand, to our diversified business model, and to the investments we've made to ensure we can compete effectively with the large international brewers," noted George Croft, President and CEO. "Our craft premium Waterloo ...More info on site

Brewery news USA, CA: San Francisco’s Magnolia Brewing Co. files for Chapter 11 bankruptcy
In the midst of a craft brewing boom sweeping America, San Francisco’s pioneering brewery Magnolia Brewing Co. has filed for Chapter 11 bankruptcy, SFGate reported on December 8.

Magnolia owner Dave McLean voluntarily filed for bankruptcy protection on Nov. 30, according to court documents. McLean opened Magnolia Gastropub and Brewery in 1997; he opened nearby sister bar the Alembic nine years later. In 2014, Magnolia underwent its biggest expansion yet, opening Smokestack, a brewery and barbecue restaurant in the Dogpatch neighborhood, and quintupling beer production. The expansion took years to come to fruition, and McLean estimated that it cost more than $3 million. All three businesses are expected to remain open through the bankruptcy, McLean said.

Despite solid bar business and strong sales and growth in beer distribution, the bars have more debt than the company can manage with its current flow of cash, McLean said.

“We’re profitable from our operations, but have a lot of debt that we need to restructure,” said McLean.

According to court documents, Magnolia has estimated assets between $1 million and $10 million. Estimated liabilities fall in the same range. Among the 181 companies and creditors that Magnolia owes money are Bi-Rite Market, Blue Bottle Coffee, Hog Island Oyster ...More info on site

Brewery news USA, ME: Three friends working to open Scarborough’s first brewery later this year
Three friends and business partners have set their sights on opening Scarborough, ME’s first brewery, Nonesuch River Brewing, late next year, The Forecaster reported on December 11.

Vetted and approved by the Planning Board for a first reading on December 7, Tim Boardman, Michael Schuler and Jay Gambo plan to build the brew pub at 201 Gorham Road, barring final approval from the board in February.

The parcel is occupied by a dilapidated and uninhabited house, but once they close on the property, the trio hopes to have the lot cleared before the first major snowfall.

“I’m so glad you’re coming to Scarborough,” Planning Board member Susan Auglis told them on December 7.

The three friends have designed a building inspired by historic New England barn architecture, complete with a tin roof, a spacious front facade and red siding. Boardmen, who owns Boardman Builders, Inc., plans to build the 5,000-square-foot structure on the 2.5 acre parcel bordered by woodlands. Included will be an indoor mezzanine, a balcony and about 140 seats, 30 of which will be outdoors.

“I believe Scarborough is so underserved with good food and a good place for the community to gather,” Schuler said Tuesday afternoon.

Their story is a typical small ...More info on site

Brewery news USA, VA: Charlottesville-based Three Notch’d Brewing Co. to open small brewery in Richmond
A Charlottesville-based craft brewing company is planning to open a small brewery in Richmond next year that will emphasize what one of its co-owners says will be “collaborative” local beers, Charlottesville Business Journal reported on December 9.

Three Notch’d Brewing Co. says its location in Scott’s Addition will serve its best-known brands and have regular tasting hours, but it will focus on customized, small-batch beers made for restaurants in the area, and craft beers made specifically for community events and philanthropic fundraisers.

“We really want to focus on the community,” said Scott Roth, president and co-founder of Three Notch’d, which has signed a lease to take 4,000 square feet of space in the 2900 block of West Broad Street in Scott’s Addition.

The company is planning to renovate the space to house a small brewing production system and a tasting room that could host events. The goal is to open in the second quarter of 2016.

“The focus is going to be on doing as many collaborations as we can with restaurants and community groups, charities and home brewers,” Roth said.

Three Notch’d opened its first brewery in Charlottesville in 2013 and expanded with a second location in Harrisonburg in 2014. The company was co-founded ...More info on site

Brewery news USA, NC: New Sarum Brewing Company’s launch scheduled for the first quarter of 2016
The opening of New Sarum Brewing Company’s taproom and brewery has been eagerly awaited in Salisbury, and owners say that the wait is almost over. New Sarum is expected to open its North Lee Street location in the first quarter of 2016, show runners Gian Moscardini, Andy Maben and Tony Hornick said in an interview to Salisbury Post on December 8.

“We’ll be open before you know it,” Maben said.

In a previous article, the new hotspot was expected to open in the summer of 2015. It’s December now, and Moscardini says summer may have been an overeager estimate. The old Tractor Building at 109 N. Lee St. didn’t have water, sewer or a roof when renovations began, so there have been a few hang-ups.

“It’s just the nature of the beast,” Moscardini said.

New Sarum has suspended production at its 117 S. Lee St. location during construction of the new brewery, only venturing out at special events like the downtown Summer Sip Festival. But despite flying “under the radar” Maben says they’ve received nothing but support from the community.

“We can’t thank Salisbury enough.” Jain said.

The new brewery features a 30 barrel brew house. At the South Lee Street location it took Brewmaster Maben ...More info on site

Brewery news USA, OH: Loose Rail Brewing preparing for spring opening in Canal Winchester
A Canal Winchester restaurant and coffee shop is brewing up a new venture, but it won’t be making coffee, Columbus Business First reported on December 8.

Loose Rail Brewing is set to join the ever-expanding Central Ohio craft beer scene at 37 Waterloo St. next spring.

The venture is owned by husband and wife Nathan Doerfler and Kelley Doerfler, owners of Harvest Moon Craft Kitchen and the Garden Herb Shop, Jonathan Woodruff, who runs Harvest Moon’s bar, and friend Dennis Smalley.

Nathan Doerfler said they spent the last year or so hunting for sites to open a second Harvest Moon, including coming close to taking over a space in Lancaster, but nothing quite fit. It was their friend Smalley who suggested taking those plans for a new restaurant and doing a brewery instead.

“We thought it would be better to do that here than to move out into a new community,” Kelley Doerfler said.

What clinched the plans was buying the more than 3,000-square-foot building in downtown Canal Winchester for $80,000. It's a former power substation for an electric rail line that ran until the 1930s. That railway history inspired its name.

The building’s most-recent use was for a historic-restoration business. The Loose Rail team in ...More info on site

Brewery news USA, TX: Two Wheel Brewing Co. slated to begin brewing Buda in May
Two Wheel Brewing Co. owner Marc Woffenden said Dec. 8 that his new brewery and tasting room in Buda is slated to begin brewing in May and will open in June, Community Impact Newspaper reported.

The Buda Chamber of Commerce hosted a ground breaking ceremony Dec. 8 at the site of the future brewery. Officials expressed enthusiasm over the project, which they said will attract business growth as well as tourism in the city.

“What better product to make in Buda than beer?” Buda Chamber Managing Director J.R. Gonzales said. “We’re very excited about this in Buda; it’s been a long time coming.”

The 5,000-square-foot project at 535 S. Loop includes 3,800 square feet for beer production and 1,200 square feet for a taproom where customers can buy the company’s beer by the pint or leave with a six-pack or growler.

Marc will be the head brewer. His wife, Alexis Woffenden, has helped with the civil engineering of the project. She also co-owns the brewery.

“We’re going to make really good beer for you guys,” he said. “We’re looking forward to it.”

Bearing a summer opening in mind, Woffenden said he will likely start brewing a German-style Kolsch, a light and refreshing beer.

Brewery news USA, IN: Daredevil Brewing Co expands distribution across Indiana
Speedway-based Daredevil Brewing Co has expanded its distribution to cover northern Indiana. Through a partnership with Indiana Beverage, Daredevil beers will now be available across the entire state of Indiana, Inside Indiana Business reported on December 7.

Daredevil already distributes across central and southern Indiana and will now cover all 92 counties. The company already has launch events planned at BeerGeeks in Highland, Stacks and Martinis in Valparaiso and Bacon Hill in Elkhart.

“Daredevil Brewing Company has been wildly successful with their beers in central and southern Indiana,” said Jeff Leetz, Vice President Indiana Beverage. “We are thrilled to bring these amazing beers to our area.”

Daredevil opened its new brewery on Main Street in Speedway in the summer of 2015, just five blocks from the Indianapolis Motor Speedway. Indiana Beverage has its headquarters in Porter County.

Brewery newsEU: AB InBev could struggle to find European buyers for Grolsch and Peroni - expert
AB InBev could struggle to find a European buyer for its Grolsch and Peroni brands as it looks set to offload the North American ...More info on site

Malt newsWorld: Australian malt production expected to decline, European and Chinese malting industries enjoy currency and freight advantages
Australian malt production forecasts are 10-20% down from normal capacity use, for reasons of price and barley quality, H. M. Gauger GmbH reported on ...More info on site

Barley newsWorld: Barley trade forecast unchanged, production forecast increased to 145.164 mln tonnes
USDA’s December report left the previous forecast for world barley trade in 2015/16 unchanged at 25.485 mln tonnes. No revisions have been made for ...More info on site

Barley newsEU: Barley exports slow down in November
The EU barley crop is 6.0 – 6.1 mln tons. Barley exports started extremely well, but slowed down in November, H. M. Gauger GmbH ...More info on site

Barley newsRussia & Ukraine: Barley crop estimates still not final
Barley crop estimates still vary for the Black Sea countries. For Russia they are pegged at 16.7 – 17.6 mln tons, for Ukraine at ...More info on site

Brewery news India: Local beer consumption declines in Delhi
Consumption of locally brewed beer and spirits has registered a decline in Delhi, whereas intake of Indian-made foreign liquor has slightly increased here during 2014-15, an official report revealed on December 9.

As per the Delhi Statistical Hand Book-2015, the consumption of Indian-made Foreign Liquor (IMFL) in Delhi increased from 1.18 crore cases in 2013-14 to 1.21 crore cases in 2014-15.

However, the consumption of Indian beer has slightly reduced from 1.10 crore cases in 2013-14 to 1.06 crore cases in 2014-15.

Also, the consumption of country liquor reduced from 28.93 lakh cases to 25.38 lakh cases during the same period.

Deputy CM Manish Sisodia released the statistics prepared by Delhi government's Directorate of Economics and Statistics. It contains data relating to various socio-economic parameters in 23 broad chapters.

Brewery news UK: Heineken MD named as new chairman of the British Beer & Pub Association
Heineken UK managing director David Forde has been named as the new chairman of the British Beer & Pub Association (BBPA), taking on the mantle from Shepherd Neame chief executive Jonathan Neame, Imbibe reported on December 10.

Forde, who has been with Heineken for 27 years, has served on the BBPA board since January 2015. Simon Emeny, chief executive of Fuller’s, becomes BBPA vice chairman, jointly with Simon Townsend of Enterprise Inns.

Forde said: ‘I am delighted to be taking over this role today. Jonathan has done a superb job representing our industry, and I look forward to working closely with the BBPA team and its member companies over the next year.

BBPA chief executive Brigid Simmonds said: ‘I congratulate David, who brings huge strengths and experience to this leading industry role, and we all look forward to working with him in the year ahead.

‘I would also like to thank Jonathan Neame, who has been a hugely successful chairman these past three years, and we are so grateful to him for his service to the industry. I would like to highlight his work helping the industry achieve a hat-trick of beer duty cuts. I know he will continue to play an active and ...More info on site

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