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E-Malt.com Newsletter 13a
March 28 - March 30, 2016
Quote of the Week
[I recommend] ... bread, meat, vegetables and beer.
Sophocles' Philosophy of a Moderate Diet
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Currency Rates
Base Currency: US Dollar
on March 30, 2016 |
Base Currency: Canadian Dollar
on March 30, 2016 |
| |
1 USD = 0.8918 EUR
1 USD = 0.7003 GBP
1 USD = 1.3163 CAD
1 USD = 1.3227 AUD
1 USD = 113.3800 JPY
1 USD = 3.6353 BRL
1 USD = 68.7549 RUB
1 USD = 6.4875 CNY
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1 CAD = 0.7596 USD
1 CAD = 0.5319 GBP
1 CAD = 0.6774 EUR
1 CAD = 1.0047 AUD
1 CAD = 86.1200 JPY
1 CAD = 2.7613 BRL
1 CAD = 52.1482 RUB
1 CAD = 4.9277 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Malting barley crop reduced by rains at the time of harvest
...Click here
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USA, IL: Southern Illinois brewers say there is room for more growth
...Click here
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USA, CA & AR: Stone Brewing to debut its beers in Arkansas, plans to distribute to all 50 states by year’s end
...Click here
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USA, TX: Thirsty Planet Brewing expands with additional building in Austin
...Click here
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USA, CA: Beachwood Brewing to move into Beach City Brewery’s Huntington Beach facility
...Click here
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USA, NH: Millyard Brewing to open its doors in Nashua next month
...Click here
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USA, NY: Copper City Brewing hoping to join craft beer scene in Central New York by late fall
...Click here
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USA, DE: Revelation Craft Brewing Company anticipates opening its microbrewery next month
...Click here
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USA, OK & KS: Roughtail Brewing Company expands distribution to Kansas
...Click here
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USA, VT & ME: Von Trapp Brewing starts selling its Austrian-inspired lagers in Maine
...Click here
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USA, IN: The Sun King Brewery’s beer now available throughout Indiana
...Click here
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China: Tsingtao Brewery reports 14% drop in 2015 earnings
...Click here
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Germany: German malt capacity real usage may be closer to 90% - analysts
...Click here
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The Netherlands: Craft beer consumption up 8% last year
...Click here
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China & Australia: China ending corn stockpiling and floor price policy, but Australian producers may still enjoy stable demand for barley from China
...Click here
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Ireland: Beer exports up 10% last year with craft sector continuing to be a success story
...Click here
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The Philippines: San Miguel Corp plans to raise 15 billion pesos through preferred shares
...Click here
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Russia: Budweiser enjoying growth in Russia’s declining beer market
...Click here
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Ukraine: Barley export in February slightly below last year’s level
...Click here
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India: Vijay Mallya still has the right to choose his successor as chairman of United Breweries
...Click here
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Graph of the Week
Table of the Week
The Number of US Breweries 2009 - 2015
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 March
1797 - Nathaniel Briggs of NH patents a washing machine
1841 - 1st U.S. steam fire engine tested, New York City
1866 - 1st ambulance goes into service
29 March
1886 - Chemist John Pemberton begins to advertise for Coca-Coke
1888 - James E. Casey is born, founder of United Parcel Service
1918 - Sam Moore Walton, future founder of Wal-Mart, is born in Kingfisher, Okla
30 March
1858 - Pencil with attached eraser patented by Hyman L. Lipman
1867 - U.S. Secretary of State William H. Seward agrees to purchase the Alaskan territories from Russia for $7,200,000
Agenda
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:
02: Beer Boot Camp 2016 (Johannesburg, South Africa)
07-10: Artbeerfest 2016 (Caminha, Portugal)
09: Beer Boot Camp 2016 (Cape Town, South Africa)
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)
08-10: Brouwplus 2016 (Antwerp, Belgium)
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: US craft beer export grows 16.3% in 2015
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The Brewers Association (BA) — the not-for-profit trade group representing small and independent craft brewers in the United States — reported on March 29 export growth data for the American craft beer industry in 2015. Supported by the BA’s Export Development Program (EDP), craft beer export volume increased by 16.3 percent in 2015, now totaling 446,151 barrels and worth $116 million.
Growth was seen in all major markets, most notably in Western Europe which saw a 33.4 percent increase. Ireland, the Netherlands, Thailand and Taiwan were the fastest growing markets in 2015.
Canada was again the leading international market for American craft beer, accounting for 51 percent of exports. Meanwhile, Sweden, Ireland and the United Kingdom each took a market share of approximately 10 percent. The top five was rounded out by Australia, which accounted for 4 percent of exports.
“Small and independent craft brewers are putting American beer on the global map,” said Bob Pease, president and CEO, Brewers Association. “There’s a growing thirst from beer lovers in countries around the world for bold, innovative products from American craft brewers. As the demand for American craft beer continues to grow abroad, the Brewers Association is pleased to support our
...More info on site
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Canada: Malting barley crop reduced by rains at the time of harvest
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The Canadian crop of 2015 has withstood a long drought without a great effect on volume and quality, but then rains at the time
...More info on site
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 USA: Hops stock up 10% as compared to last year
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A 10 percent increase in inventory of U.S. hops over a year ago shows production is doing better toward meeting demand, an official with
...More info on site
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USA, IL: Southern Illinois brewers say there is room for more growth
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The ability of breweries to self-distribute their own products was the key that unlocked an industry in Southern Illinois that had most likely been underserved, according to brewers in Southern Illinois.
In June 2011, former Illinois Gov. Pat Quinn signed Senate Bill 754 creating a craft brewer license, and an exemption to self-distribute 7,500 barrels if a brewery manufactured no more than 15,000 barrels. That number has been increased to 30,000 barrels a year in 2013, and then increased again in 2015 when Gov. Bruce Rauner signed a bill allowing breweries to make up to 120,000 barrels of beer per year. The bill also allowed a brewpub to simultaneously own a craft brewer’s license, Southern Business Journal reported on March 29.
Chuck Stuhrenberg, owner of Big Muddy Brewing in Murphysboro, said he was the first production brewery south of Chicago since Prohibition. He is distributing beer throughout the United States.
Stuhrenberg was the first, but soon a line of breweries followed him and now there are six breweries just in Jackson County — a fact that Stuhrenberg likes to point out, saying there are only about 60,000 people in the county, but there are six breweries, meaning the county has one of
...More info on site
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USA, CA & AR: Stone Brewing to debut its beers in Arkansas, plans to distribute to all 50 states by year’s end
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San Diego-based Stone Brewing will make its way to the south-eastern United States next week as the company debuts its beers in Arkansas, NBC San Diego reported on March 28.
Starting April 4, several of the company’s most recognizable brews will be available in bars, restaurants and retailers throughout the entire state of Arkansas for the first time ever.
From America’s Finest City to The Natural State, all of Stone’s year-round beers and various limited and special releases will be distributed by Arkansas Craft Distributors and O’Conner Distributing – the company’s wholesale partners in Arkansas.
This includes the following brews: Stone IPA; Stone Cali-Belgique IPA; Stone Go To IPA; Stone Delicious IPA; Stone Ruination Double IPA 2.0; and Stone Smoked Porter.
In additional to Arkansas, Stone beers are already distributed in 41 states across the nation and 14 countries around the world. According to the U.S. Brewers Association, Stone is the ninth largest craft brewer in the U.S.
The company will boost its production even more when Stone Brewing-Richmond opens at the end of 2016 in Virginia. By the year’s end, Stone plans to distribute to all 50 U.S. states.
The beer company also plans to launch five European countries as it prepares for its highly-ambitious
...More info on site
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USA, TX: Thirsty Planet Brewing expands with additional building in Austin
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Thirsty Planet Brewing Company is expanding with an additional building for beer production out in far south Austin, as reported by Austin 360.
The brewery is taking over the Capital Area Food Bank spot on 8201 South Congress Avenue. The grounds will include a new tasting room and outdoor performance area. It is expected to open by late fall this year.
St. Louis-based firm V Three Studios is designing the expansion, which will be heavy on the signature light green motif, along with wood details, communal seating, and a patio within the nearly 60,000 square foot space. Guests will be able to watch the brewery magic from inside the tasting room through glass windows.
The expansion will allow Thirsty to bottle more beers, including Buckethead IPA and Yellow Armadillo. The brewery will also be able to experiment with new types of beers, as well as broaden distribution.
Currently, the brewery is found over on Circle Drive, near Jester King Brewery. The charity-focused brewery donates various proceeds to charities, including over half the sales of the Silverback Pale Ale to the Mountain Gorilla Conservation Fund. Owner Brian Smittle founded Thirsty Planet in 2010 after running Coach’s, a brewpub in Oklahoma.
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USA, CA: Beachwood Brewing to move into Beach City Brewery’s Huntington Beach facility
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One man’s shutter is another man’s opportunity, as Beach City Brewery in Huntington Beach will be closing down to become a production hub for Long Beach-based Beachwood Brewing, Eater LA reported on March 29.
Rumors have been circulating for some time regarding Beachwood owner Gabe Gordon and his plans to acquire Beach City, but on March 29 the company confirmed the purchase and plans for the Huntington Beach facility.
Beachwood is based in and around Long Beach, operating a couple of barbecue-focused brewpubs as well as a concept-driven tasting room called the Blendery. However, it’s been difficult for the award-winning brewery to scale up production on their beers with their current business layout, so Beachwood made a decision to purchase an existing small brewery (plus all their space and equipment) and grow from a standalone facility somewhere nearby. That’s where Beach City comes in.
The Beachwood growth into Huntington Beach should allow the brewery to expand to a capacity close to 10,000 barrels annually, and will let the company grow their portfolio of existing beers. That will take some time, of course — Gordon says upwards of five years — as the licensing alone can take months. Thankfully both Long Beach and
...More info on site
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USA, NH: Millyard Brewing to open its doors in Nashua next month
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Passionate about offering a new taste in craft beer, Nashua, NH’s first nanobrewery will open its doors next month, The Union Leader reported on March 27.
“We are ready to get this going,” said co-owner Dean Baxter. “Craft brews are so popular right now — people are really starting to appreciate them.”
Baxter, of Nashua, along with Ken Unsworth of Windham, will open the Millyard Brewery at noon on April 9. A grand celebration of events will take place until 8 p.m. at the brewery, located at 25 E. Otterson St.
They are leasing about 1,000-square-feet of warehouse space next to the Vertical Dreams indoor recreational facility, which has been fully renovated.
Complete with a small tasting room, brewing room, conditioning area and cooler space, the Millyard Brewery is ready for patrons, according to Baxter.
“We are trying to turn back the clock and go back to the millyard era. The beer and the stories will take us back to that period ...,” he said.
The brewery will be crafting four staple beers, including Nashua Pale Ale, Amoskeag Pilsner, Boott Porter and Jackson India Pale Ale IPA. Flights will be available at the brewery’s tasting room, along with four-ounce tasters. In addition, 32-ounce growler purchases and
...More info on site
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USA, NY: Copper City Brewing hoping to join craft beer scene in Central New York by late fall
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A new brewery is joining the craft brewing scene in Central New York, WKTV reported on March 28.
The owners of the Copper City Brewing Co., Danny Frieden and his wife Lori and Eric Daniels closed on their new building at 1111 Oneida Street in Rome on March 28. They are now in the process of applying for a New York State farm brewery license. To qualify as a farm brewery, the brewer must utilize ingredients from within New York State and 20 percent of the hops used must be from New York based farms.
Frieden and Daniels both got their interest in making beer through homebrewing.
Frieden hopes opening a brewery in Rome will help push the city forward.
"I've noticed that if you bring a brewery to a community, it changes everything around it," Frieden said. "Rome is really in a resurgence and I think a brewery is something that will really get things going."
The pair are hoping to be up and running by late fall and plan to brew 300 gallons of beer per week to start.
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USA, DE: Revelation Craft Brewing Company anticipates opening its microbrewery next month
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For Revelation Craft Brewing Company, getting the Belltown Church brewpub approved was reason enough to celebrate, Delmarvanow reported on March 28.
But victories keep coming as Revelation anticipates opening its microbrewery next month.
"It's all very exciting," brewmaster Patrick Staggs said with a smile.
The microbrewery, located on Central Street in West Rehoboth, will act as a tasting room and "test pilot facility", where winning beer batches will graduate to the brewpub (which will open summer 2017).
"Basically, the sky is the limit here," he said. "We purposely bought a smaller system for the microbrewery to take some risks and experiment with recipes."
The Revelation microbrewery will operate on a three-and a half barrel system, he said, producing 500 barrels a year.
Staggs hopes to open in April with a solid, six-beer lineup, including Oh Yes, an orange honey Hefeweizen made with local honey from Stag Run Farm in Georgetown. Stouts, IPAs, blondes and sour beers will also be offered.
"I've been playing around with a few old recipes up my sleeve," he said.
Staggs has been home brewing for 15 years, and has also worked for big names in the industry. He was operations manager at Dr. Pepper and Snapple for five years, before joining Dogfish Head's
...More info on site
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USA, OK & KS: Roughtail Brewing Company expands distribution to Kansas
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Roughtail Brewing Company is pleased to announce that it is expanding its’ distribution outside of Oklahoma. Roughtail has signed a statewide distribution agreement with Worldwide Beverage of Lenexa, KS beginning April 1st, Brewbound.com reported.
Roughtail Brewing Company will begin shipping cans and kegs at the end of this month and will hold its’ official launch during the first week of April. The brewery will lead with Hoptometrist Roughtail IPA, Roughtail Pale Ale, and 12th Round, an American Strong Ale. All will be immediately available for purchase in 16 oz. 4 pack cans and on draft. Specific details for the launch week and retail events will be released before the end of this month. Roughtail Brewing Company will have various team members in the market to execute the launch strategy and kick things off right.
The opening of the Kansas Market coincides with Roughtail’s 3rd Anniversary. “We look forward to our anniversary each year,” said Tony Tielli, co-founder of Roughtail. “It gives us an opportunity to make a one-off that expresses who we are as a brewery.” This year Roughtail is releasing a Blood Orange and Grapefruit IPA. “We’re not going to short Kansas consumers when it comes to our beer. They will
...More info on site
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USA, VT & ME: Von Trapp Brewing starts selling its Austrian-inspired lagers in Maine
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Von Trapp Brewing, founded by the family that inspired “The Sound of Music”, is pleased to present the release of their Austrian inspired lagers to the state of Maine beginning March 28th, Brewbound.com reported.
The Austrian-Style Lagers are brewed with their pure Vermont spring water and the finest traditional ingredients. Following the family heritage the brewery incorporates the German Beer Purity Laws; “Reinheitsgebot” while crafting their unique lagers. The company’s current distribution footprint is Vermont, New Hampshire, Massachusetts and now Maine.
“Maine and Vermont have a lot in common, from their natural beauty and outdoor recreation to their wealth of high-quality breweries,” Sam von Trapp acknowledges, “Maine craft breweries are primarily focused on ales, so we’re very excited to bring our crisp lagers to this new state.”
Von Trapp Brewing has partnered with Pine State Beverage Co. of Gardiner for distribution in this launch. Family owned and operated since 1941 the Pine State Team has a strong reputation for customer service and brand execution throughout Maine. “We feel Pine State Beverage is the ideal partner for us,” says Sam von Trapp.
The brewery has the capacity to produce up to 30,000 barrels of beer per year.
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USA, IN: The Sun King Brewery’s beer now available throughout Indiana
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A popular beer brewed in Indianapolis is now available throughout the state of Indiana, as Friday, March 25 was a Sun King tap takeover in northern Indiana, 21Alive reported.
The Sun King Brewery is Indianapolis' largest beer brewer, and its beer could be found in the Summit City until a couple of years ago when a state law restricted the production of small breweries to 30,000 barrels per year.
After a senate bill passed last July, production was increased to 90,000 barrels a year, so for the first time, Sun King is now available all over the state including northeast Indiana.
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China: Tsingtao Brewery reports 14% drop in 2015 earnings
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China’s second-largest brewer, Tsingtao Brewery Co., reported a 14 percent drop in 2015 earnings after an economic slowdown and a consumer shift to different
...More info on site
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Germany: German malt capacity real usage may be closer to 90% - analysts
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Last month, H. M. Gauger GmbH reported that capacity use in the German malting industry was 97% in 2015. The “official” statistical numbers were
...More info on site
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The Netherlands: Craft beer consumption up 8% last year
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Consumers in the Netherlands drank more craft beer and radlers, last year. Consumption of radlers increased by 13 percent and of craft beers increased
...More info on site
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China & Australia: China ending corn stockpiling and floor price policy, but Australian producers may still enjoy stable demand for barley from China
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Chinese agriculture officials have announced the end-date for the country's corn stockpiling and floor price policy, ABC Online reported on March 30.
Since 2007 the
...More info on site
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Ireland: Beer exports up 10% last year with craft sector continuing to be a success story
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Beer production remains an important sector within the Irish drinks industry in terms of indigenous manufacturing and the provision of jobs, Irish Examiner reported
...More info on site
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South Korea: 2015 beer imports hit record high
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Beer imports to Korea hit a record high in 2015, with a growing number of Korean consumers turning to low alcohol beverages and seeking diversity, The Korea Herald reported on March 30.
According to the Korea Agro-Fisheries and Food Trade Corporation, Korea imported 170,919 tons of beer worth $141.9 million last year, a 43 percent increase in volume and a 27 percent increase in value of beer imports from the previous year.
The most popular imported beer was from Japan, which exported 46,244 tons to Korea in 2015, over a quarter of all beer imports.
Japan was followed by Germany, which exported 24,874 tons to Korea.
The Netherlands, which has had a strong hold on the Korean imported beer market with popular brands such as Heineken, was unseated from its third-place slot by China in 2015.
Last year saw a 70.6 percent increase in the volume of imported beer from China, bringing the total to 19,604 tons.
According to a report released by aT in December last year, beer was the fastest-growing import market among alcoholic drinks in the past five years.
Changing drinking trends among Korean consumers have led to higher consumption of drinks with low alcohol content such as beer. Imported beer, it
...More info on site
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The Philippines: San Miguel Corp plans to raise 15 billion pesos through preferred shares
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Philippine conglomerate San Miguel Corp plans to raise another 15 billion pesos ($324.92 million) through preferred shares or corporate notes in the first half of the year to refinance debts, company officials said on March 30.
San Miguel had said it would sell up to 73 billion pesos worth of preferred shares over three years, starting with the 30 billion pesos it issued this month.
The company continues to seek acquisitions to boost revenues. It kicked off an aggressive expansion in 2008, adding power, mining, telecommunications, oil refining and infrastructure to its stable of food, beverage and beer businesses.
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Russia: Budweiser enjoying growth in Russia’s declining beer market
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Budweiser is enjoying an unlikely source of growth in Russia’s declining beer market, even as the all-American brand continues to struggle at home, Bloomberg reported on March 30.
In a country where brewing output has fallen more than 30 percent since 2008, the self-proclaimed King of Beers is growing sales at a double-digit pace, according to the head of owner Anheuser-Busch InBev NV’s Russian unit.
So what’s the deal? Unlike in the U.S. and Western Europe, Budweiser is pitched as a premium brand, boosting its appeal to a younger, more discerning Russian drinker. Yet it isn’t as expensive as some imported equivalents. By producing locally, AB InBev has been able to avoid the impact of the rouble’s drop against the dollar on the price of imported beers. Bud became Russia’s third-largest premium beer brand by volume last year, according to Nielsen estimates, placing it ahead of Heineken.
“Bud is a truly premium brand in Russia in terms of both pricing and user perception,” AB InBev country head Dmitry Shpakov said in an interview in his Moscow office.
AB InBev’s fourth-quarter results showed how the growth of premium brands such as Bud are helping its performance in Russia. Its beer volumes there declined by mid-single-digits
...More info on site
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Ukraine: Barley export in February slightly below last year’s level
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In February 2016, barley exports from Ukraine reached 24 thousand tonnes, which was slightly higher than during the previous month (21.8 thousand tonnes), but lower than in February 2015 (78.1 thousand tonnes), UkrAgroConsult reported on March 28.
Since the beginning of the current season Ukraine has exported 1.5% less barley than during the same period last season (3964.6 thousand tonnes against 4025.6 thousand during July-February 2014/15 MY).
Ukraine has managed to implement 97% of its barley export capacity during the eight months of the season. According to UkrAgroConsult estimates, about 150 thousand tonnes of barley may be exported by the end of the season. Another increase of supply is possible in April-May.
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India: Vijay Mallya still has the right to choose his successor as chairman of United Breweries
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Although Dutch brewer Heineken is the biggest stakeholder in United Breweries, joint venture partner Vijay Mallya has the right to choose his successor as chairman of the company, according to the terms of a 2009 agreement. That will need to be amended if Heineken wants to pick its own nominee, the Economic Times cited on March 28 several people aware of the matter.
Diageo, which controls United Spirits, recently reached a $75 million agreement with Mallya for his exit from the company. Mallya is under pressure from lenders and investigative agencies over more than Rs 9,000 crore in dues stemming from loans to Kingfisher Airlines, the carrier he promoted.
Heineken now has a 43 per cent stake in UB compared with Mallya's 32 per cent — in 2009, both had 37.5 per cent each. After raising its stake recently to 42.2 per cent for 24 million euros, Heineken said the move would not change UB's governance structure. However, analysts said the deal is being regarded by many as a possible move to take control of UB.
To be sure, relations between Mallya and Heineken are said to be cordial in the absence of any ownership or financial tussle between the
...More info on site
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