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E-Malt.com Newsletter 07b
February 18 - February 21, 2016
Quote of the Week
"Beer that is not drunk has missed its vocation."
Meyer Breslau
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Currency Rates
Base Currency: US Dollar
on February 19, 2016 |
Base Currency: Canadian Dollar
on February 19, 2016 |
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1 USD = 0.8993 EUR
1 USD = 0.6984 GBP
1 USD = 1.3686 CAD
1 USD = 1.3968 AUD
1 USD = 113.8400 JPY
1 USD = 3.9966 BRL
1 USD = 75.4575 RUB
1 USD = 6.5150 CNY
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1 CAD = nq USD
1 CAD = nq GBP
1 CAD = nq EUR
1 CAD = nq AUD
1 CAD = nq JPY
1 CAD = nq BRL
1 CAD = nq RUB
1 CAD = nq CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: The Boston Beer Company reports fourth-quarter and full year 2015 results
...Click here
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USA, IL: DESTIHL® Brewery to build production facility in Normal, Illinois
...Click here
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Canada, ON: Arch Brewing Company has soft opening in Newmarkt
...Click here
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USA, FL: Big Storm Brewing Co. to launch in Clearwater on February 20
...Click here
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USA, OK: Change in Oklahoma beer laws may force AB InBev out of the state
...Click here
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USA, IA: Wing Nutt Brewery planning to open taproom in Altoona
...Click here
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UK & Germany & Poland: Anglia Maltings announces the acquisition of GlobalMalt Group and GlobalMalt Polska
...Click here
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China: Brewery business experiences lowest decline in five years in 2015
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Japan: Asahi Group Holdings has little choice but to expand abroad
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World: Malting barley supplies may look short but analysts believe shortages and higher premiums may reveal unexpected stocks
...Click here
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Venezuela: Brewing industry faces raw material shortages again
...Click here
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Jamaica: Red Stripe to repatriate production of its namesake beer destined for the US by September
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The Czech Republic & Russia: Czech brewers see exports to Russia fall due to the financial crisis
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Japan: Kirin Brewery considering exporting its Fujisanroku whisky
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Graph of the Week
Table of the Week
World Use of Hops and Hop Products 1997 - 2015s
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
GENOMIC STUDIES IN HOPS
ABSTRACT
Breeding hop varieties for higher yield, disease
resistance and improved brewing characteristics is a
lengthy and expensive process. Use of new genomic
tools enables greater precision in selection as well
as reduced dependence upon lengthy phenotypic
evaluations. This research group performed genomic
studies in hops that looked at multiple quantitative
traits to identify potential molecular markers for use
in selection. Quantitative trait loci (QTL) studies
focused upon the identification of SNP markers linked
to downy mildew resistance. Genome-wide association
studies (GWAS) looked for markers linked to yield,
alpha and beta acid levels, cohumulone levels, hop
storageability, oil amounts, and levels of caryophyllene,
limonene, humulene and myrcene. They were successful
in identifying a total of 98 SNP markers as significantly
associated with one of the 10 traits. An additional
outcome of this study was the identification of a set of
7 SNPs that effectively differentiated all 116 varieties.
Henning, J: Genomic Studies in Hop (Humulus luplus L.): Genome-Wide Association Studies
and QTL Mapping for Disease Resistance, Yield and Hop Chemistry, IHS Yakima, August 2015
Read more
Source: Barth Innovations
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These Days in Business History
18 February
1933 - 1st issue of Newsweek magazine published
1939 - Golden Gate International Exposition opens on Treasure Island
1981 - Chrysler Corporation reports largest corporate losses in U.S. history
19 February
1878 - Thomas Alva Edison patents gramophone (phonograph)
1899 - Cornelius Vanderbilt Whitney, Pan Am Airways (World airways) founder is born
1969 - 1st Test flight of Boeing 747 jumbo jet
20 February
1768 - 1st American chartered fire insurance company opens
1811 - Austria declares bankruptcy
1848 - Edward H. Harriman is born in Hempstead. By age 50 he commands the Union Pacific and Southern Pacific railways, making him one of the most powerful railroad barons in the world
21 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1988 - Peter Kalikow purchases New York Post from Rupert Murdoch for $37.6 million
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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USA: The Boston Beer Company reports fourth-quarter and full year 2015 results
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The Boston Beer Company, Inc. reported on February 18 fourth quarter 2015 net revenue of $215.1 million, a decrease of $2.7 million or 1% from the same period last year, mainly due to a decline in core shipments of 3%, partially offset by price increases.
Net income for the fourth quarter was $16.1 million, or $1.21 per diluted share, a decrease of $3.0 million or $0.19 per diluted share from the fourth quarter of 2014. This decrease was primarily due to the decrease in net revenue and increases in advertising, promotional and selling expenses that were only partially offset by increased gross margin.
Earnings per diluted share for the 52-week period ended December 26, 2015 were $7.25, an increase of $0.56, or 8%, from the comparable 52-week period in 2014. Net revenue for the 52-week period ended December 26, 2015 was $959.9 million, an increase of $56.9 million, or 6%, from the comparable 52-week period in 2014.
Martin Roper, the Company's President and CEO stated, "In the fourth quarter, our depletions declined due to decreases in our Samuel Adams and Angry Orchard brands that were only partially offset by increases in our Coney Island, Twisted Tea and Traveler brands.
...More info on site
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USA, IL: DESTIHL® Brewery to build production facility in Normal, Illinois
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DESTIHL® Brewery announced on February 18 plans to build a new $14 million production brewery facility in Normal, Illinois.
The brewery complex, to be located on Greenbriar Road in the North-Land Commercial Subdivision (north of Menards®), will initially consist of a 47,000 sq. ft. production brewery facility situated on about 6 acres of land. The building will house a large production space, including an expanded brewhouse, fermentation and cellar areas, a two-story oak barrel and foudre room for beer aging, a packaging floor, cooler, warehouse and lab. The facility will also include a 6,300 sq. ft. taproom and event space, featuring the bold flavors of DESTIHL’s beer and food, an outdoor beer garden and brewery and corporate offices. The brewery has an option to purchase adjacent land for future expansion as well, which would likely involve a similar size of investment over time.
The planned expansion is being driven by heavy demand for DESTIHL’s unique portfolio of beers, both locally in Illinois and in the other 13 states where its beers are currently distributed as well as in many other markets presently wait-listed by the brewery for over a year. Since starting production less than three years ago in May
...More info on site
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Canada, ON: Arch Brewing Company has soft opening in Newmarkt
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Arch Brewing Company opened its doors in Newmarkt on February 12. This was a soft opening and a formal celebration will be held at a later date, YorkRegion.com reported on February 18.
The brewery features a retail beer store on-site as well as a tasting area where customers can purchase a 12-ounce pint. The store currently offers seven varieties of beer — including blonde ale and imperial stout — for purchase and new products will be offered in the weeks ahead.
The brewery also has an Oatmeal Red IPA called Dinner Jacket, which is available at local LCBO locations.
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USA, FL: Big Storm Brewing Co. to launch in Clearwater on February 20
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Big Storm Brewing Co. announced on February 18 the official ribbon cutting and the grand opening of their new 16,000 square foot brewing facility and taproom in Clearwater. With more than 12 varieties of handcrafted local beers and 6 exclusive wines on tap, Big Storm Brewing Co.’s 49th street location is offering the community something that everyone can enjoy.
Started in 2012 in Odessa, Florida, Big Storm Brewing Co. was created to fill a void in the local craft beer market – artisanal and complex brews that cater to both craft beer enthusiasts, and regular beer drinkers alike. “With the popularity of Big Storm growing statewide, we simply needed a facility that could handle the consumer demand,” states Mike Bishop, Founder and CEO of Big Storm Brewing Co. “This new manufacturing facility will predominantly focus on brewing, canning and packaging our core brands Arcus IPA, Wavemaker Amber Ale and Helicity Pilsner,” Bishop continued.
The 16,000 square foot vacant warehouse, was designed and built by Systems Design Engineering, Inc. (SDE) out of Leesport Pennsylvania, who hired all local contractors to perform the construction. SDE is widely known for building the 100,000 square foot D.G. Yuengling facility in Pottsville, PA.
The ribbon cutting ceremony will
...More info on site
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USA, GA: Riverwatch Brewery receives state license
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The whole process of building a brewery from scratch just won’t seem real until she sees Augusta watering holes with Riverwatch Brewery taps behind the bar, brew master Brey Sloan said in an interview to The Augusta Chronicle on February 18.
On February 16, that dream became a little closer to reality as the brewery – likely to be the first in the city in more than a century – received its state license from the Georgia Department of Revenue, allowing it to sell alcoholic beverages.
It was the last in a series of three licenses required to open, but don’t head down to the Farmer Market on Laney-Walker Boulevard just yet; Sloan said it should still take about three weeks for her first brews to hit local taps.
She’s already conducted a “water brew” to test the efficiency of the system and still has to pass an inspection by the fire marshal and the Georgia Department of Agriculture.
“Oh, I’ve still got all sorts of things to be nervous about still,” she said with a laugh.
According to the brewery’s newly launched Web site, its initial offering will consist of four different styles of beer: Cautionary Tale IPA, Scenic Overlook Blond, 104 Pale Ale
...More info on site
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USA, OK: Change in Oklahoma beer laws may force AB InBev out of the state
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A provision to a bill looking to change Oklahoma's beer laws could force Anheuser-Busch out of the state, Kswo.com reported on February 18.
State legislators are currently discussing a bill that would allow the sale of wine and high point beer in Oklahoma grocery stores and gas stations. The bill would also not allow distribution centers to be owned by manufacturers, essentially forcing Anheuser-Busch to sell their distribution centers in Lawton, Oklahoma City and Tulsa.
The Lawton Anheuser-Busch distributor wasn’t available for comment, but executives at Anheuser-Busch say if the bill passes, it would affect about 700 people statewide.
In a phone interview after meetings at the Oklahoma Capitol, Eric James, the senior director of marketing and sales for Anheuser-Busch sales of Oklahoma, says he believes the provision is targeting Anheuser-Busch.
"The way the language is written now, it specifically impacts us. At this time, there are no other business entities that would be essentially legislated out of business in the state," James said.
James says if the provision stays on the bill, the company would be forced to sell their distributors in the next five years, leaving the fate of the employees, including those in Lawton, in the hands of someone else.
"Anytime there's a
...More info on site
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USA, IA: Wing Nutt Brewery planning to open taproom in Altoona
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The city of Altoona is about to get a little nutty with the Wing Nutt Brewery planning to open a taproom in the city, The Des Moines Register reported on February 18.
Construction has begun on Altoona’s first brewery at 480 Center Place in Altoona, with plans to open as soon as this spring.
The idea of Wing Nutt was formed in August 2014 when Art Schramm, Andrew Frana and Molly Frana got together after Andrew and Schramm met at an Iowa Home Brewers Union meeting.
“One of us said we should have a brewery in Altoona and that is kind of how the whole thing started,” Schramm said.
“We talked about it half-jokingly and then every time we talked about it we got more serious,” Andrew said.
At the time Schramm was unaware that Andrew’s wife, Molly, also brewed. Now she is the head brewer of the Wing Nutt Brewery.
Molly’s background is in food science and she currently works with quality assurance.
“When Andrew and I met we decided to both start brewing together about six years ago,” Molly said.
Molly said that the brewing community has been really accepting and supportive of her and the Wing Nutt Brewery.
The trio started out by home brewing some
...More info on site
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UK & Germany & Poland: Anglia Maltings announces the acquisition of GlobalMalt Group and GlobalMalt Polska
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Anglia Maltings (Holdings) Limited (AMH), announced on February 17 the acquisition of Tivoli Malz GmbH (Tivoli) and its subsidiaries GlobalMalt Group, based in Hamburg,
...More info on site
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China: Brewery business experiences lowest decline in five years in 2015
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In 2015, the brewery business in China experienced its lowest decline in five years despite the fact that local brands are still dominating in
...More info on site
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World: Malt markets fairly active this year
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Malt markets were fairly active at the beginning of the year, H. M. Gauger GmbH reported on February 1.
Southeast Asian breweries purchased
...More info on site
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Japan: Asahi Group Holdings has little choice but to expand abroad
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Japan's biggest brewer, Asahi Group Holdings, is getting serious about global expansion. It has little choice: Although the company is riding a long streak
...More info on site
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World: Malting barley supplies may look short but analysts believe shortages and higher premiums may reveal unexpected stocks
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On the basis of traditional malting barley specifications. i.e., on paper, the world’s malting barley supplies in the campaign 2015/16 look short, but in
...More info on site
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Venezuela: Brewing industry faces raw material shortages again
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Venezuela's Chamber for Beer Producers (CAVEFACE) has warned that its members are facing difficulties in acquiring raw material, which may lead to a paralysis
...More info on site
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Jamaica: Red Stripe to repatriate production of its namesake beer destined for the US by September
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Red Stripe's plan to repatriate beer produced in the United States to Jamaica is projected to boost domestic production by 30 per cent, Jamaica Gleaner reported on February 19.
The move is also expected to add just shy of 200 direct jobs, half of which are destined for the local brewer's cassava farms, and provide employment for an additional 3,000 indirect workers for outsourced cassava production.
When the company relocated the production of up to 3.5 million cases (approximately 280,000 hectolitres) of beer destined for the United States to the North American market in 2012, it cut more than 70 jobs.
By September, it will bring back that production to Kingston, including the canning of beer destined for the US and Canada. Bottled beers sold in Canada will continue to be produced in that North American market.
The increased employment should boost the Government's tax revenue by some J$80 million based on just the 133 full-time positions to be created. Red Stripe should be able to credit the statutory deductions component about J$30 million through the employment tax credit provision of new tax legislation.
Still, this hardly dents the J$550-million income tax the beer maker pays on average each year, or the over J$2.5 billion
...More info on site
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The Czech Republic & Russia: Czech brewers see exports to Russia fall due to the financial crisis
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A Russian fashion for imported beers meant a boon for Czech breweries a few years back. However, the economic crisis of the last two years and restrictions on marketing have led to a marked fall in exports of Czech lager to the world’s biggest country, the daily Hospodářské noviny reported.
In 2014, 10.2 percent of Czech beer exports went to Russia, making it the third biggest export market for brewers in this part of the world. Last year that share fell to 5.5 percent, with the Russians placing fifth among importers.
The fall in the price of oil and international sanctions caused the collapse of the rouble in the second half of 2014.
The financial crisis that has followed has forced Russians to tighten their belts and many beer drinkers have switched to cheaper, locally produced brands.
A representative of Budějovický Budvar, Jiří Pekhart, told Hospodářské noviny that its sales in Russia had fallen by almost half last year. Fellow Czech brewer Bernard reported a similar situation.
The three biggest Czech firms on the market, Plzeňský Prazdroj, Staropramen and Krušovice, all of which have brewing facilities in the country, have also seen declines.
Indeed, data from the Czech Statistics Office and the customs authority shows that
...More info on site
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Japan: Kirin Brewery considering exporting its Fujisanroku whisky
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Kirin Brewery Co. is considering exporting its mainstay Fujisanroku (Foot of Mt. Fuji) whisky, possibly from this year, a company official said on February 17.
The move, aimed at enhancing the Tokyo-based company's brand power overseas, comes as whisky has become increasingly popular at home and abroad.
It would be the first whisky export for the Japanese company and follow similar moves by rival Japanese producers.
Demand for Japanese whisky is "growing stronger in Europe as it has begun winning awards at international competitions," said Toshihiro Tanaka, head of Kirin's marketing department.
But the level of Fujisanroku exports will depend on demand at home and abroad given the shortage of its base liquor, according to the company.
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