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E-Malt.com Newsletter 06b
February 11 - February 14, 2016
Quote of the Week
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Oprah Winfrey
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Currency Rates
Base Currency: US Dollar
on February 12, 2016 |
Base Currency: Canadian Dollar
on February 12, 2016 |
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1 USD = 0.8839 EUR
1 USD = 0.6902 GBP
1 USD = 1.3948 CAD
1 USD = 1.4108 AUD
1 USD = 112.4000 JPY
1 USD = 3.9455 BRL
1 USD = 79.1144 RUB
1 USD = 6.5729 CNY
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1 CAD = 0.7168 USD
1 CAD = 0.4948 GBP
1 CAD = 0.6336 EUR
1 CAD = 1.0113 AUD
1 CAD = 80.5700 JPY
1 CAD = 2.8282 BRL
1 CAD = 57.2440 RUB
1 CAD = 4.7114 CNY
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Currency Rates Chart
Equities of the Largest Breweries
World: Molson Coors’ income and revenue decline in 2015 on weaker beer volume
...Click here
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USA: MillerCoors earned underlying net income of $1.328 bln last year
...Click here
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Canada: Beer drinking in Canada affected by sluggish economy and higher food prices – Molson Coors
...Click here
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Canada: Lethbridge feed barley prices strengthen on bargain buying
...Click here
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Canada, AB: Alberta growers to get crop insurance for malting barley
...Click here
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USA, IA: Toppling Goliath Brewing Co. to invest nearly $10 mln in expansion
...Click here
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USA, WA: Seattle’s Fremont Brewing to increase production this year
...Click here
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USA, CO: The Old Colorado Brewing ready for opening in Wellington on Valentine’s Day
...Click here
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USA, WI: Badger State Brewing Co. begins expansion and renovation project
...Click here
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Germany: January-October malt production reported at 1.714 mln tonnes, analysts expect surprisingly large figure for 2015
...Click here
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World: Barley crop larger in 2015 but trade forecast to decline
...Click here
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Argentina: Barley crop estimated at 4.25 mln tonnes this year
...Click here
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World: AB InBev enters exclusive negotiation period with Asahi for Peroni, Grolsch and Meantime
...Click here
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India: Carlsberg confirms plans to build an eighth brewery in India
...Click here
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Russia: Share of local beer brands increases to 26.5% over the past five years
...Click here
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Australia: Carlsberg and Coopers Brewing to launch jointly new Carlsberg Mid 3.5% beer
...Click here
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Graph of the Week
Table of the Week
EU Barley Malt Export
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
LUPULIN GLANDS IN FULL BEAUTY
ABSTRACT
Scanning electron microscopy (SEM) is a powerful
way to see exact details in a nano or micro scale. This
work used SEM to assess lupulin glands from different
hop varieties. These pictures show the changes and
development of lupulin gland during the growing season.
For each hop variety, 50 micrographs were visually
assessed and compared based on lupulin surface
topography, degree of fullness, and volume. The gland
features were correlated and clustered against the
chemical properties of the corresponding variety. The
cluster data confirmed there are larger gland volumes in
the bittering hop varieties independent of the country
of origin. In further research it would be valuable to
investigate the same hop variety grown in different
countries and to determine the effect of environmental
and handling conditions on the structural features of the
lupulin glands.
Read more
Source: Barth Innovations
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These Days in Business History
11 February
1809 - Robert Fulton patents steamboat
1826 - London University founded
1987 - British Airways begins trading stocks
12 February
1809 - Charles Darwin, England, discovered evolution
1877 - 1st news dispatch by telephone, between Boston & Salem
1998 - Intel unveils its 1st graphics chip i740
13 February
1741 - Andrew Bedford publishes 1st American magazine (American Magazine)
1895 - Moving picture projector patented
1980 - Apollo Computer Inc incorporated
2004 - The Harvard-Smithsonian Center for Astrophysics announces the discovery of the universe's largest known diamond, white dwarf star BPM 37093
14 February
1794 - 1st US textile machinery patent granted, to James Davenport
1924 - IBM Corporation founded by Thomas Watson
1946 - Bank of England nationalized
1946 - John W. Mauchly and J. Presper Eckert, Jr., officially unveil their Electronic Numerical Integrator and Computer, performing 5,000 additions and 300 multiplications per second and weighing more than 30 tons
2005 - YouTube is launched by a group of college students, eventually becoming the largest video sharing website in the world and a main source for viral videos
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)
12: Festival de Cerveza Artesanal 2016 (San Jose, Costa Rica)
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)
18-19: Brewing Equipment and Technology 2016 (Birmingham, UK)
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)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
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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World: Molson Coors’ income and revenue decline in 2015 on weaker beer volume
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Weaker beer volumes, unfavorable currency rates and a lost contract contributed to declines in income and revenue for Molson Coors Brewing Co., the Denver-based
...More info on site
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USA: MillerCoors earned underlying net income of $1.328 bln last year
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SABMiller plc and Molson Coors Brewing Company reported on February 11 that MillerCoors underlying net income for the full year was $1.328 billion, which
...More info on site
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Canada: Beer drinking in Canada affected by sluggish economy and higher food prices – Molson Coors
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Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces, The Hamilton Spectator reported
...More info on site
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Canada: Lethbridge feed barley prices strengthen on bargain buying
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Lethbridge feed barley prices have strengthened on bargain buying, according to one market watcher, while demand for feed wheat is steady at best, Canadian Cattlemen reported on February 11.
Lethbridge barley prices have increased from C$200-C$205 in January to C$205-C$215 in February, as the grain becomes more difficult to source, said Jim Beusekom, president at Market Place Commodities.
“It’s not an issue, but it becomes a market factor,” he said.
Demand for feed barley has increased, he said, as buyers have been swayed by cheaper prices.
“I think the feed wheat situation is a little different.”
The amount of feed wheat being used is limited, but constant, Beusekom said. “It’s steady at best, and buyers just pick away at the supply that’s out there.”
Despite fluctuations within the market, feed grain prices in Lethbridge are stronger than those seen a year ago.
Producers saw increased amounts of export-quality wheat and barley this year, which take away from the amount of feed available.
“A lot of it is milling grade, so we have less pushback into the feed market with wheat.”
Producers are favouring malting barley, and have seen higher-quality yields this year, he said. Product that is rejected by malt companies becomes feed.
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Canada, AB: Alberta growers to get crop insurance for malting barley
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Crop insurance for malting barley will be available for Alberta growers this year, The Western Producer reported on February 11.
The idea grew out of a resolution submitted to the Alberta Barley Commission in 2014 where growers argued coverage under commercial barley insurance did not reflect the risk to growers, said Jesse Cole of Alberta Financial Services Corp.
There is higher growing risk and additional quality risk associated with malt barley, but there were also some challenges that prevented a specialized insurance program in the past, he told the Western Barley Growers Association annual meeting in Calgary on February 3-4.
AFSC wanted premium cost sharing with the federal government and there needed to be assurances the program was trade neutral.
Malt barley is not visually distinguishable from feed and it is hard to determine what’s being grown intentionally for malting end use.
Maltsters may also have different requirements for acceptable barley.
“There are a bunch of different standards between companies so it is difficult to pin down what quality level we could insure,” he said.
To be eligible, the producer must have a contract for more than 40 tonnes. The contract can be with companies outside Alberta.
Eligible varieties come from the Canadian Malting Barley Technical Centre’s recommended
...More info on site
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USA, IA: Toppling Goliath Brewing Co. to invest nearly $10 mln in expansion
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Toppling Goliath Brewing Co. of Decorah, IA plans a nearly $10 million expansion, kwwl.com reported on February 12.
This will be the second new expansion for the company since they opened their doors back in 2009.
Owners say it feels amazing to keep up with the demand.
From start to finish, it takes nearly three weeks to brew and prepare a batch of beer.
Toppling Goliath President and Founder, Clark Lewey, said he's mostly looking forward to the first batch after they get settled into their new Brew House in Decorah in 2017.
"It's exciting on one end, but there are also a lot of unknowns," Lewey said.
Toppling Goliath is a 30-Barrel Brewhouse, but due to demand, they hope to expand to a 100-barrel Brewhouse.
That's nearly 200 kegs a day of hoppy deliciousness.
"It really won't change the emphasis on the beer we make. We do have some styles we will be adding. What it allows us to do is produce more of the beer we're making, which we're nowhere meeting with our current demand," Lewey said.
Toppling Goliath Brewing Co. Brewmaster, Mike Saboe, said the process has been kind of surreal.
"It's a really nice feeling to have. I think we've been so busy the past six
...More info on site
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USA, WA: Seattle’s Fremont Brewing to increase production this year
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Like so many other small U.S. producers, Seattle’s Fremont Brewing is at a crossroads. On the verge of opening a second brewing facility that will eventually enable the company to produce upwards of 250,000 barrels, and flush with interest from distributors around the U.S., brewery founder Matt Lincecum has two options: step on the gas pedal and expand distribution nationwide, or grow in a more controlled fashion, methodically building out distribution into contiguous markets, Brewbound reported on February 11.
Fremont, which has expanded distribution into Idaho, just the third market where its products are sold statewide, produced only 24,000 barrels in 2015. Lincecum is planning to more than double that in 2016 and expects production to grow to about 60,000 barrels. But he’s not planning on entering more markets to get there.
“The way I like our business to grow is to go deep rather than wide,” he said.
It’s a philosophy that has permeated the business since its inception. Until last November, when Fremont signed a contract with Columbia Distributing for coverage throughout Oregon, its products were sold almost exclusively in Washington. Limited shipments were sometimes made to Northern Idaho and Denver, where the company had placements at a handful of accounts.
“It’s
...More info on site
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USA, CO: The Old Colorado Brewing ready for opening in Wellington on Valentine’s Day
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Northern Colorado beer lovers will have a new drinking spot option Valentine's Day with the opening of The Old Colorado Brewing Co. in Wellington, The Coloradoan reported on February 11.
Husband and wife Brandon and Tara Neckel are opening Wellington’s first microbrewery on February 14 in a 94-year-old grain elevator near downtown. The couple plans to grow its selection from three to six beers by the end of the month.
The brewery, about 10 miles north of Fort Collins, is already supplying The Wellington Grill restaurant with its brews. An Old Colorado Brewing beer was also featured recently at The Mayor of Old Town brewpub in Fort Collins.
Old Colorado Brewing has brewed about 40 barrels of beer, Tara Neckel said on February 11.
"I just hope we can meet everybody's demand and keep up with the beer," Neckel said. "If you run out of beer, there's not a quick solution."
Old Colorado Brewing initially planned to open during spring 2015. The debut date was later pushed back to December but setbacks caused the Neckels to miss that target as well.
"I didn't think this day would ever come," Tara Neckel said. "Opening a brewery in a town that's never had one before has been a
...More info on site
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USA, WI: Badger State Brewing Co. begins expansion and renovation project
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A Green Bay craft brewery is planning to expand, Fox11online.com reported on February 11.
Badger State Brewing Co. says it has begun a 9,500-square-foot expansion and renovation project at its building a few blocks east of Lambeau Field.
Badger State says its expansion will include an event hall for weddings, corporate gatherings and community events. The hall will have a seating capacity for 400 people, with room for as many as 1,000 people to stand. It will also include a beer bar, prep room for catering, an outdoor patio and a viewing area for the brewery's barrel-aging room.
Other aspects of the project include an expansion of production equipment and other additions to the building.
Brewery managers say the expansion is expected to create as many as 12 new jobs.
The project is scheduled to be finished in June.
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Germany: January-October malt production reported at 1.714 mln tonnes, analysts expect surprisingly large figure for 2015
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The German Statistical Office reports barley and wheat malt production of 1.714 mln tonnes in January-October 2015.
Converted into a 12 months period, the figure
...More info on site
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World: Barley crop larger in 2015 but trade forecast to decline
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World barley crop of 146 mln tons last year was 3% larger than in 2014. Of the large producers only Russia and Ukraine harvested
...More info on site
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Argentina: Barley crop estimated at 4.25 mln tonnes this year
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The estimate of the barley crop in Argentina by the Buenos Aires Grain Exchange is 4.25 mln tonnes, of which approximately 2.9 mln tonnes
...More info on site
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World: AB InBev enters exclusive negotiation period with Asahi for Peroni, Grolsch and Meantime
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Anheuser-Busch InBev NV said it has received a binding offer valued at about $2.9 billion in cash from Japan’s Asahi Group Holdings Ltd. for
...More info on site
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India: Carlsberg confirms plans to build an eighth brewery in India
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Carlsberg has confirmed plans to build an eighth brewery in India, as it lays claim to the number two beer brand spot in the
...More info on site
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Russia: Share of local beer brands increases to 26.5% over the past five years
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Over the past five years, the share of local brands in the Russian beer market has increased from 14.9 to 26.5 percent, as recession
...More info on site
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Australia: Carlsberg and Coopers Brewing to launch jointly new Carlsberg Mid 3.5% beer
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Australia will be one of the first markets globally to see the launch of the new Carlsberg Mid 3.5% beer, with Coopers Brewing adding the beer to its international portfolio, The Shout reported on February 12.
The new beer has been in development for six months and Carlsberg has worked closely with Coopers, who will be brewing the beer at its Regency Park headquarters in South Australia.
Birgitte Funch, Carlsberg’s master brewer said: “Carlsberg Mid 3.5 per cent is light, easy drinking and refreshing. The all malt recipe and Carlsberg yeast strain give a balance between body and flavour, even with a lower alcohol making Carlsberg mid-strength the ideal choice.”
The beer will be distributed by Premium Beverages and Coopers’ national sales and marketing director Cam Pearce said the beer will be available nationally from March.
“Sales of Mild Ale 3.5% grew by 13.7 per cent during 2015 to become Coopers’ third-largest product by volume,” Pearce said.
“We believe the category will continue to grow and we were looking for a mid-strength lager to round out our offering. Following discussions with Carlsberg, agreement was reached to brew and distribute Carlsberg Mid 3.5%.”
Carlsberg country manager Australia, Jacob Anderson, added: “We are excited to be launching Carlsberg
...More info on site
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