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E-Malt.com Newsletter 53a
December 28 - December 31, 2015
Quote of the Week
"Cheers to a new year and another chance for us to get it right."
Oprah Winfrey
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Currency Rates
Base Currency: US Dollar
on December 30, 2015 |
Base Currency: Canadian Dollar
on December 30, 2015 |
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1 USD = 0.9124 EUR
1 USD = 0.6729 GBP
1 USD = 1.3878 CAD
1 USD = 1.3747 AUD
1 USD = 120.3800 JPY
1 USD = 3.8579 BRL
1 USD = 72.5066 RUB
1 USD = 6.4847 CNY
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1 CAD = 0.7205 USD
1 CAD = 0.4848 GBP
1 CAD = 0.6573 EUR
1 CAD = 0.9904 AUD
1 CAD = 86.7300 JPY
1 CAD = 2.7794 BRL
1 CAD = 52.1279 RUB
1 CAD = 4.6719 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada & USA: Canada’s barley quality extremely variable, US farmers not attracted by prices offered by local maltsters
...Click here
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Spain & USA: Mahou San Miguel reportedly interested in minority stake in Anchor Brewers & Distillers
...Click here
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USA, OH: Crooked Handle Brewing opens in Springboro
...Click here
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USA, MI: New Holland Brewing expects 24% growth this year
...Click here
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Canada, BC: Foamer’s Folly Brewing opens to the public in Pitt Meadows
...Click here
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Canada, AB: Lethbridge’s first brewery since closure of Molson plant in 1990 opens and quickly sells out of beer
...Click here
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USA, AL: Cahaba Brewing Co. one step closer to opening new location in Birmingham
...Click here
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USA, OR: 10 Barrel Brewing leases property in Denver to expand production
...Click here
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Canada, NS: Battery Park brewpub launched in Dartmouth
...Click here
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USA, CA: Iron Triangle Brewing preparing for January opening in LA
...Click here
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USA, VA: Tradition Brewing Co. to start building its brewery in Newport News in January
...Click here
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USA, MI: Lake Charlevoix Brewing Company looking to expand current operations
...Click here
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Vietnam: Sabeco not to sell major stake to overseas investors - report
...Click here
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Indonesia: Diageo to open plant in Bali to produce alcohol-free Guinness Zero
...Click here
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Australia: Barley quality reported as rather poor this year
...Click here
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Serbia: Beer sales in Serbia dropping every year by 1-2%
...Click here
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UK: Diageo produces record 12.5 mln cases of beer at Belfast facility
...Click here
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Graph of the Week
Table of the Week
Asia Beer Production by Country 2005 - 2014s
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
These Days in Business History
28 December
1869 - William Finley Semple of Mount Vernon OH, patents chewing gum
1895 - Auguste and Louis Lumiere are born (1st commercial cinema)
1967 - After 175 years, the New York Stock Exchange finally admits its first woman member, Muriel Siebert of Muriel Siebert & Co
2000 - U.S. retail giant Montgomery Ward announces it is going out of business after 128 years
29 December
1862 - Bowling ball invented
1867 - 1st telegraph ticker used by a brokerage house, Groesbeck & Co, NY
1891 - Edison patents "transmission of signals electrically" (radio)
1997 - Russia signs agreement to build a $3B nuclear power plant in China
30 December
1851 - Asa Griggs Candler is born (developed Coca-Cola)
1854 - Pennsylvania Rock Oil Company, 1st in US, incorporated in New York NY
1861 - US banks stops payments in gold
1958 - French franc devalued
1988 - Mercedes-Benz pays $20.2-M fine failed to meet '86 government fuel standard
1990 - 11th United Negro College Fund raises $10,000,000
31 December
1776 - Rhode Island establishes wage & price controls to curb inflation: Limit is 70 cents a day for carpenters, 42 cents for tailors
1781 - Bank of North America, 1st US bank opens
1981 - CNN Headline News debuts
1997 - Microsoft buys Hotmail E-mail service
1998 - The European Exchange Rate Mechanism freezes the values of the legacy currencies in the Eurozone, and establishes the value of the euro currency
Agenda
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
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Canada & USA: Canada’s barley quality extremely variable, US farmers not attracted by prices offered by local maltsters
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Quality of the barley crop was extremely variable in Canada, malting barley selection is limited by high protein, but also by damages caused by
...More info on site
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Spain & USA: Mahou San Miguel reportedly interested in minority stake in Anchor Brewers & Distillers
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Spanish Mahou San Miguel is reportedly looking to up its presence in the U.S. craft beer market.
The Spanish brewer, which took a 30% interest in Michigan’s Founders Brewing last year, is now eyeing a potential minority stake in San Francisco-based Anchor Brewers & Distillers, Bloomberg reported, citing unnamed sources. The report added that Mahou San Miguel could invest up to $300 million in Anchor, which is known for its Anchor Steam beer brand. Anchor didn’t immediately respond to a request for comment.
Led by former Skyy Spirits executives Keith Greggor and Tony Foglio, Anchor ranks as the 22nd-largest craft brewer in the U.S., according to the Brewers Association. Its distilling unit, which has a partnership with the U.K.’s Berry Bros. & Rudd, markets brands including The Glenrothes and BenRiach single malts, Nikka Japanese whisky and The King’s Ginger and Luxardo liqueurs, among others.
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USA, OH: Crooked Handle Brewing opens in Springboro
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Springboro's new brewery has set an opening date, Dayton Business Journal reported on December 24.
Crooked Handle Brewing Co. posted on its Facebook page that it would be open 4 p.m. to midnight Christmas.
The brewery listed its holiday hours on Facebook as 4 p.m. to midnight Christmas Day, 11 a.m. to midnight Saturday, 11 a.m. to 8 p.m. Sunday, 4 p.m. to 10 p.m. Wednesday and 11 a.m. to midnight New Year’s Day.
Crooked Handle is the latest development in a local brewery boom, with popular breweries expanding, giving new life to old spaces, providing local options, and fostering community pride.
The brewery first announced in May that it signed a five-year lease for a 3,500-square-foot space in the Marketplace at Settlers Walk shopping center in Springboro.
Business partners Jason Moore and Jeff Pedro Jr. said at the time that they had been preparing to open a brewery for the last two years and after landing some investors earlier this year, were ready to move forward with the project.
Crooked Handle will add to the region's bustling brewery scene that has seen a dozen open in the past few years.
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USA, MI: New Holland Brewing expects 24% growth this year
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In a year-end note to distributors, Adam Lambert, the former Dogfish Head sales grunt who took his talents to New Holland Brewing late last year, said the Michigan-based craft brewery would be up 24 percent in 2015, Brewbound reported on December 29.
The company’s top performing brands include Dragon’s Milk bourbon barrel stout, which was up 48 percent, and Mad Hatter IPA, which was up more than 20 percent. Poet, an oatmeal stout, was also up more than 20 percent, Lambert said.
“Overall, we’ve had one hell of a year,” he wrote.
Since joining the company, Lambert helped the organization open four new markets — Dallas, Baltimore, Las Vegas and South Dakota. He also managed a number of wholesaler transitions, including the integration of 29 new distributors in both new and existing states — most of which were the result of unplanned consolidation.
“Our beer network has now reached 93 wholesalers in 28 states,” he said.
In its expansion, New Holland also hired five regional managers and two additional sales support staff.
Seasonal products — which in 2015 were “brewed to wholesaler order” and make up just 14 percent of the company’s business — were down slightly. Limited release offerings, which account for just 12 percent
...More info on site
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Canada, BC: Foamer’s Folly Brewing opens to the public in Pitt Meadows
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British Columbia’s newest craft brewery is now open in Pitt Meadows, a small city in the Metro Vancouver region, Canadian Beer News reported on December 21.
Foamers’ Folly Brewing held its official opening on Friday, December 18th, welcoming customers to a lounge and retail store for glasses and growlers of several beers including Bandit Brown Ale, Blacksnake Porter, Smash Pale Ale and Crystal Palace Wheat Ale.
Foamers’ Folly will be open 10:00 AM to 10:00PM on Sunday through Thursday, and 9:00 AM to 11:00 PM on Friday and Saturday.
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Canada, AB: Lethbridge’s first brewery since closure of Molson plant in 1990 opens and quickly sells out of beer
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The first brewery to operate in Lethbridge, Alberta since the closure of the local Molson plant in 1990 opened to the public on December 19 – and quickly sold out of beer, Canadian Beer News reported.
Theoretically Brewing was founded by Kelti Boissonneault and Kris Fischer, with veteran homebrewer Fischer serving as brewmaster.
The brewery retail store opened at 1263-B 2nd Ave South on December 19 with two beers – Curiosity Amber Ale and BHB Stout – available in bottles, and all stock sold through in just a few hours.
Regular business hours will start in the new year, and both beers will also be available on tap soon at local bars and restaurants.
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USA, AL: Cahaba Brewing Co. one step closer to opening new location in Birmingham
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Birmingham's Cahaba Brewing Co. is one step closer to opening its new location, Birmingham Business Journal reported on December 29.
The Magic City brewery received its certificate of occupancy from the city council earlier this month, and will open within the first month of 2016 at building C of the Continental Gin campus at 4500 Fifth Ave. S.
“While it will open after Christmas, thanks to the awesome job of our partners, the new location feels like a gift waiting under the tree,” said Eric Meyer, head brewer and partner. “Once we receive our city, state and federal licenses, the taproom will be open to the public.”
Cahaba plans to host a grand opening celebration in the spring.
“One of my favorite things about our current taproom is that it feels like you’re hanging out in your buddy’s garage. People stop by after work or hang out on the weekends and feel comfortable bringing their families,” Meyer said.
Meyer said it was important to maintain consistency at the new location, and customers will notice similarities with the old location in the concrete countertops and elements of wood, metal and brick.
Rives Construction Company served as the general contractor on the project and Williams Blackstock Architects served
...More info on site
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USA, OR: 10 Barrel Brewing leases property in Denver to expand production
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Bend-based 10 Barrel Brewing Co. has leased property in Denver’s River North neighborhood for a potential pub, brewery co-founder Garrett Wales was quoted as saying by Bend Bulletin on December 24.
While the property is secured, 10 Barrel’s managers have yet to decide what exactly they’ll do there, a bar and eatery or a full-on brewpub with brewing on the premises, Wales said.
“We do have a lease signed,” he said, “but at this stage we’re still working on long-term ideas on what model that building will fit into.”
The company, purchased in 2014 by international beer giant Anheuser-Busch InBev, has brewpubs in Boise and Portland, as well as its original pub on NW Galveston Avenue, Bend. The brewery is located on NE 18th Street, Bend.
The space in Denver leased by 10 Barrel, 2620 Walnut St., is an 8,000 square-foot entertainment venue called Casselman’s Bar & Venue, according to BusinessDen.com, an online news site. Representatives of Casselman’s and the property owner, 2620 Walnut Street LLC, of Denver, could not be reached. Denver property records show the LLC bought the property in October for $1.8 million.
River North, or RiNo, is full of art galleries, restaurants and brewpubs. 10 Barrel started selling beer in parts
...More info on site
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Canada, NS: Battery Park brewpub launched in Dartmouth
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Downtown Dartmouth has a brand new craft beer store and brewpub, CBC.ca reported on December 23.
Battery Park, a collaboration between North Brewing, Ace Burger and Brooklyn Warehouse, just opened on an already bustling block of Ochterloney Street.
Business has been "amazing," said co-owner George Christakos.
"It's exceeded our expectations. This is a pretty special place to do business. The people of Dartmouth support their own."
In fact, Battery Park is the latest in a string of independent food and retail shops in the area, said Tim Rissesco, executive director of the Downtown Dartmouth Business Association.
"We are getting a food scene," he said.
"People are never going to have a reason to go anywhere else, but downtown Dartmouth."
The two-level business has a ground-floor craft beer store that carries beer from North Brewing. Starting in the new year, specialty batches of beer will be made there. The upstairs is home to the eatery.
Rissesco says reasonable rents are attracting first-time entrepreneurs and he's busy fielding calls.
"It's a lot of playing matchmaker, trying to find the right spot to fit people in," Rissesco said.
Christakos says the reasonable cost of housing in downtown Dartmouth is also a factor.
"There's a huge influx of young families moving here," he said. "I
...More info on site
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USA, CA: Iron Triangle Brewing preparing for January opening in LA
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The most ambitious L.A. Arts District craft beer project yet is Iron Triangle Brewing. The brewery, set to open in January, aims to be the next big thing in L.A.’s craft beer scene, Los Angeles Times reported on December 29.
Occupying a 10,000-square-foot building built in 1904, Iron Triangle brewing is outfitted to produce a lot of beer. The space, first a stable before being converted to a warehouse in the '20s, has a soaring wood trestle roof covering a dozen stainless steel fermenters and a gleaming brewhouse. The equipment was purchased and installed with an eye toward scaling production and growing the brewery, and a lease has already been signed for an additional 22,000 square feet next door that will house more fermentation space and a bottling line.
The new brewery will lead with three core brews. The nominal flagship, Iron Triangle Ale, is a golden-hued ale based loosely on the Wisconsin cult-favorite brew Spotted Cow. Built to be accessible yet able to please the beer geeks, this cream ale is light in body with a flavorful balance of cracker-like malts and the floral essence of European hops.
Iron Triangle Dark Ale was envisioned as an “approachable dark beer” that once
...More info on site
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USA, VA: Tradition Brewing Co. to start building its brewery in Newport News in January
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Tradition Brewing Co. plans to open by late spring next year in Oyster Point, Newport News, VA, the Daily Press reported on December 30.
"The proximity to three main destinations on the Peninsula — Port Warwick, The Marketplace at Tech Center and City Center at Oyster Point — will allow for first-of-their-kind collaborations within the local community and a high density of pedestrian traffic," co-founder and partner Gray Bowditch said.
The startup craft brewery said it signed a lease at 700 Thimble Shoals Blvd. just before the gateway to City Center. Tradition plans to have a 20-barrel brewing system, kegging operations, two walk-in refrigeration units and room to add a bottling line in a 6,700-square-foot production space.
The facility will also have a 4,200-square-foot tasting room where customers can observe the brewing process, according to a news release. A second-floor 1,450-square-foot mezzanine could host private parties or other events. A 620-square-foot conference room could host meetings.
"It's just a more exciting place to have a board meeting than a typical conference room," Tradition partner Marti Caldwell said.
Spacemakers Inc. of Norfolk was tapped for the construction, which starts in January. Tymoff & Moss Architects of Norfolk designed the space.
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USA, MI: Lake Charlevoix Brewing Company looking to expand current operations
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The Lake Charlevoix Brewing Company wants to expand its current operation by taking over a space that was rented by Keweenaw Excursions in Charlevoix, MI, Petoskey News reported on December 29.
On December 28, Rich Bergmann, co-owner of the brewery, presented his plan to the Main Street/Downtown Development Authority board.
“We are a brewpub today,” Bergmann said. “We can brew beer and sell it on premise only. To self-distribute, which is our next strategic step, we need to have a brewer's license. That requires us to have a separate address from the brewpub.”
That space the brewery would like to use is 109 Bridge Park Drive, which is labeled “ex-retail space” in the current Keweenaw Excursions lease.
According to Bergmann, Jason Funkey, co-owner of Keweenaw Excursions, informed brewery owners on Nov. 9 that they were selling the boat, boat equipment and office supplies.
On Nov. 19, brewery co-owner and newly elected Charlevoix City Council member Aaron Hagen and Bergmann met confidentially with Main Street/Downtown Development Authority director Annie Doyle and city manager Mark Heydlauff to discuss plans the brewery owners have for that space.
“They presented their intentions for the space and that was it,” Doyle said. “No agreements were made with the brewery about renting
...More info on site
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Vietnam: Sabeco not to sell major stake to overseas investors - report
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The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) has said it will not sell major stake to overseas investors, even as foreign companies, including
...More info on site
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Indonesia: Diageo to open plant in Bali to produce alcohol-free Guinness Zero
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Diageo is planning to open a manufacturing plant in Bali in a few months to produce its alcohol-free drink Guinness Zero. This is in
...More info on site
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France: Number of breweries may reach 1000 by 2019
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The number of breweries in France is expected to reach 1000 by January 2019, Project Amertume (Bitterness) industry observers said on December 29.
According to
...More info on site
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Australia: Barley quality reported as rather poor this year
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Barley quality is poor this year in Australia, screenings are much too high and protein is low, average 9.5 to 10%, H. M. Gauger
...More info on site
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Serbia: Beer sales in Serbia dropping every year by 1-2%
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Beer sales in Serbia are dropping every year by one or two percent due to changes in the structure of the market, according to a leading drinks industry representative quoted by ESM on December 24.
In an interview for local daily Blic, the CEO of Carlsberg South-East Europe, Gabor Bekefi, explained that sales of cheap beer are rising as people want to save, while when going out Serbians are prepared to pay for quality premium beer, boosting consumption in this segment as well. However, on the downside, sales of mainstream beer are suffering.
Significantly, sales of Serbian beer are growing strong in countries where there is a large diaspora such as Australia, Germany and Austria. In addition, due to the low production costs, Carlsberg’s Serbian base is seen as a good point for exporting products to neighboring countries such as Croatia, Bosnia, Montenegro, and Bulgaria.
Commenting on the recently-announced tax hike for alcohol products, Bekefi pointed out that, when comparing the level of excise with purchasing power, Serbia has the largest or second largest taxes in Europe. This may cause beer to be somewhat more expensive, which ultimately could affect the consumption of beer next year.
In a related development, Andrej Beslac has been
...More info on site
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Ukraine: Government doubles excise duty on beer
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Despite protests from local industry players, Ukraine’s Verkhovna Rada has approved a bill raising excise rates on beer, hard spirits, wine, and sigarettes, zn.ua reported on December 24.
As from January 1, the tax on beer will be doubled – to UAH2.48 per litre, while rates for hard spirits will be raised by 50%.
Ukrainian brewers are already struggling. In January-November this year, the nation’s beer output declined by 20.2% versus the same period last year. In 2008-2015, Ukraine’s beer industry shrank by almost 40%, experts estimate.
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UK: Diageo produces record 12.5 mln cases of beer at Belfast facility
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Drinks firm Diageo has produced 12.5 million cases of beer at its canning and bottling facility in east Belfast in what it said was a new record for the facility, The Irish News reported on December 30.
The plant on Marshall's Road employs 136 people and has undergone an improvement programme over the past 18 months.
It has been in operation for more than three decades.
Around 60 per cent of beer produced is sold in Ireland with the remainder exported to markets in Europe, North America and Asia.
Running at full capacity, the site can produce two million cans and bottles of beer in one day.
That follows a series of upgrades over the last decade including a can filler with widget inserter technology for cans of Draught Guinness, providing the capability to produce 60,000 cans per hour.
The facility's production manager Gary Simpson said: “All of our people at Belfast Packaging are proud to be setting production records and playing such an important role in supplying our home and international markets with Diageo’s great range of beers, including Guinness, Harp and Smithwick’s.
"The ‘Manufacturing Excellence' programme of continuous performance improvement will ensure that our site in east Belfast is ready and able to meet increased
...More info on site
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