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E-Malt.com Newsletter 15b
April 14 - April 17, 2016
Quote of the Week
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Currency Rates
Base Currency: US Dollar
on April 15, 2016 |
Base Currency: Canadian Dollar
on April 15, 2016 |
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1 USD = 0.8876 EUR
1 USD = 0.7064 GBP
1 USD = 1.2841 CAD
1 USD = 1.3024 AUD
1 USD = 109.2900 JPY
1 USD = 3.4938 BRL
1 USD = 66.4954 RUB
1 USD = 6.4815 CNY
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1 CAD = 0.7786 USD
1 CAD = 0.5500 GBP
1 CAD = 0.6911 EUR
1 CAD = 1.0141 AUD
1 CAD = 85.0900 JPY
1 CAD = 2.7202 BRL
1 CAD = 51.4859 RUB
1 CAD = 5.0464 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, MI: War Water Brewery welcomes amendments to St. Clair city’s code of zoning ordinances
...Click here
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USA, FL: Flying Boat Brewing Co. breaks ground on St. Petersburg facility on April 14
...Click here
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USA, WI: Urban Harvest Brewing quietly opens in Milwaukee
...Click here
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USA, WA: Old Stove Brewing Company ready to open in Seattle
...Click here
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USA, MA: Trillium Brewing Company launched by husband and wife team in Canton and Boston
...Click here
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USA, OK: Krebs Brewing Company planning to expand beer production
...Click here
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USA, PA: Beers by Pizza Boy Brewing finally coming to Pittsburgh
...Click here
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USA, CA: Figueroa Mountain Brewing Co. expanding distribution outside of southern California and the state
...Click here
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EU: German malt production in July/December increases
...Click here
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South Africa: AB InBev agrees to create $69 mln fund to support South African beer industry and protect jobs
...Click here
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EU: Barley export licences bookings total 8.024 mln tonnes as of March 30
...Click here
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Russia & Ukraine: Barley export offers drop to minimal levels this year
...Click here
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Zimbabwe: SABMiller’s Delta Corp. considers reducing beer prices after drop in revenue and volumes
...Click here
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Australia: Australian scientists say they developed the world’s first gluten-free barley
...Click here
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Graph of the Week
Table of the Week
Australia Barley Production, Consumption, and 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
These Days in Business History
14 April
1863 - William Bullock patents continuous-roll printing press
1900 - President Loubet opens International Fairs in Paris
1987 - Turkey asks to join European market
15 April
1892 - General Electric Company, forms and is incorporated in New York
1952 - Franklin National Bank issues 1st bank credit card
1973 - Walt Disney Store opens
16 April
1948 - Organization for European Economic Cooperation (EEC) forms in Paris
1986 - IBM produces 1st megabit-chip
17 April
1704 - 1st successful U.S. newspaper published in Boston by John Campbell
1933 - Pres. Franklin D. Roosevelt announces that he will issue an executive order embargoing exports of gold and free the exchange rate of the U.S. dollar to float against foreign currencies
1964 - Ford Mustang is introduced to the North American market
1989 - An all-financial-news TV service premieres, as CNBC airs its first market broadcast
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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Canada: Barley use to increase 10% in 2015-16
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For 2015-16, Canada’s total domestic barley use is forecast to increase by 10% to 6.1 million tonnes which is below the previous five-year average. The modest usage increase is a function of increased feed use while industrial use remains unchanged, Agriculture and Agri-Food Canada said in its April report.
Exports are forecast to decrease by 23% to 1.9 mln tonnes due to lower world feed barley trade and trend malt barley demand.
Barley carry-out stocks are expected to increase by 31% to 1.6 mln tonnes which is higher than the previous five-year average.
The Lethbridge cash feed barley price is forecast to increase from 2014-15 due to the tight total supply, good domestic feed barley demand and trend demand for malt quality.
Over the past month, the Lethbridge price softened slightly in spite of long-term seasonality. However, by the beginning of April, prices increased slightly. Compared to the base Lethbridge cash price, this crop year’s feed barley basis has been better than the previous five-year average in Alberta and Saskatchewan. However, in Manitoba the feed barley basis has been slightly below the previous five-year average but higher than the previous three-year average. Malt barley pricing on the Canadian prairies has been
...More info on site
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USA, MI: War Water Brewery welcomes amendments to St. Clair city’s code of zoning ordinances
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You can almost smell the yeasty concoction of malt, grain and hops cooking away in the War Water Brewery in downtown St. Clair, New Baltimore Voice Newspapers reported on April 8.
The St. Clair City Council recently took another step toward making a regional brewer the centerpiece of the city's Riverview Plaza when it unanimously amended the city's code of zoning ordinances to allow micro-brewers, small wine makers and small distillers as permitted uses in existing buildings in the Riverside Drive district of Downtown Redevelopment District. The change allows the same enterprises as "special approval uses" in buildings requiring modifications.
The amended ordinance defines micro-brewers, small wine makers and small distillers as "any business whose primary purpose is the creation of alcoholic beverages, where such business has been granted a license issued by the state of Michigan Liquor Control Commission for such operation."
"The way the Downtown Redevelopment District was originally written, it left some gaps in what could or could not be there," said Kristopher Paul, the local principal of War Water Brewery. "They didn't consider micro-breweries, small wineries or distilleries. This essentially allows us to move ahead with our larger development."
The St. Clair Planning Commission held a public hearing on the
...More info on site
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USA, FL: Flying Boat Brewing Co. breaks ground on St. Petersburg facility on April 14
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St. Petersburg's growing beer scene welcomed another craft brewery into the fold on April 14, Tampa Bay Times reported.
Flying Boat Brewing Co. broke ground on an 11,000-square-foot facility at 1776 11th Ave. N. Owners Glenn Zakany, Tanner Zakany and Josh Perian joined St. Petersburg Mayor Rick Kriseman at the brewery near Woodlawn Park.
St. Petersburg is already home to a half dozen breweries, like Three Daughters Brewing, which recently announced it's adding another warehouse. Green Bench Brewing and Cycle Brewing aren't far away. Cage Brewing opened in St. Pete's Grand Central District in January.
But the Flying Boat team isn't worried about it being too crowded.
"The beer community here is amazing. There's zero competition, everyone is overly accommodating," Perian said. "On the day we had our tanks delivered, some of the team from Green Bench Brewing came over and helped us unload them."
Steven Duffy, owner of Green Bench Brewing, attended the ground breaking ceremony at Flying Boat on April 14 to show support.
"People like to talk about the beer bubble in St. Pete, but I really don't think it's oversaturated at all," Duffy said.
Florida still lags behind other U.S. states in the per capita number of craft breweries in operation, said Bart
...More info on site
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USA, WI: Urban Harvest Brewing quietly opens in Milwaukee
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Urban Harvest Brewing Company quietly opened its brewery and tap room this past weekend at 1024 S. 5th St. in Milwaukee, OnMilwaukee.com reported on April 13.
Owner and brewer Steve Pribek has been home-brewing for nearly 17 years. But in mid-July 2015, he took the leap and signed a lease on the Walker's Point building which currently houses the nano-brewery.
"In the past decade, the business model of a nano-brewery has really become more realistic," says Pribek. "It's always been my dream to start a brewery, and when I finally started researching, the dream began to take shape and became a reality."
Pribek has installed a two-barrel brewing system, which he'll use for production. The building also houses a tap room, which features bar and table seating for about 80 people as well as a view of the brewing area. In addition, the first floor houses an old theater space with a stage and about 50 stadium-style seats, which Pribek says the brewery will rent out for events.
Currently, there are six beers on tap at Urban Harvest – 414 Golden Ale, Black Puppy Pale Ale, Old Towne Amber, H.C. IPA, Corkscrew IPA (infused with cabernet soaked oak) and Ach Ya Der Hey-Fe Weizen
...More info on site
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USA, WA: Old Stove Brewing Company ready to open in Seattle
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Old Stove Brewing Company is ready to open inside Pike Place Market in Seattle, Eater reported on April 13.
The brewery will hold its grand opening on Saturday, April 15 at 11 a.m. with eight beers on tap: an IPA, wheat, pale ale, pilsner, saison, stout, double IPA, and a brown ale, with a session IPA and a Cascadian dark ale coming next week. At the opening party, the brewery will donate two dollars from every beer sold to the Pike Up! campaign, which is supporting the new Pike Place MarketFront expansion slated for 2017.
Old Stove's taproom currently sits on First Avenue between Pike and Pine, with its production facility housed one floor below. That will all move next year when the MarketFront expansion opens. Old Stove will join Honest Biscuits, Indi Chocolate, and JarrBar in the new building.
Old Stove evidently shares neighboring Pike Brewing Company's fascination with memorabilia; the new taproom will feature neon beer and brewery signs; museum-style display cases with beer cans from the 30s, 40s, and 50s; a cast iron, nickel plated Kalamazoo stove (circa 1905) from the Kalamazoo Stove Company (1902-1952); antique stove handles for tap pulls; and a 25-foot mural depicting a 1905 barroom
...More info on site
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USA, MA: Trillium Brewing Company launched by husband and wife team in Canton and Boston
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JC and Esther Tetreault got married seven years ago on a vineyard in Stonington, Conn. The owners of the vineyard, a husband and wife team, were so inspiring that the Tetreaults decided to follow in their footsteps - sort of - and open a brewery. As a result, Trillium Brewing Company, a New England farmhouse style brewery with locations in Canton and Boston, was born, Wicked Local reported on April 9.
“The owners of the vineyard were pretty inspirational,” said JC, a Brighton resident who affectionately refers to himself as a beer nerd. “They pursued what they really wanted and kind of made it happen. They just seemed so incredibly happy about what they were able to accomplish. We didn't want to wait for the retirement time in our lives to pursue our life's dream, so we decided to just kind of go for it and start the process much earlier than that.”
Having five times the capacity of their Boston location in Fort Point, the Canton brewery that opened in December on Shawmut Road has 16,000 square feet, a 30-barrel brew house, 4,000 square feet of retail space, and a tasting room with a rotating menu of complimentary samples.
The brewery
...More info on site
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USA, OK: Krebs Brewing Company planning to expand beer production
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A McAlester brewing company is planning to expand its beer production at a 52,000-square-foot facility that it recently acquired in the area.
The McAlester News-Capital reports that Krebs Brewing Company plans to relocate the bulk of its current beer production at Pete's Place Restaurant to Steven Taylor Industrial Park.
Company president Zach Prichard says the move will allow the brewery to make five to six times more beer than it currently does. He says employment could double in the next three years with the expansion.
The company's number of employees has already grown quickly. In 2013, four full-time employees worked at the facility. In three years, that number has increased to 30 employees.
The company is known for brewing Choc Beer Company and Prairie Artisan Ales products.
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USA, PA: Beers by Pizza Boy Brewing finally coming to Pittsburgh
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One of the best and most innovative breweries in Pennsylvania is finally coming to Pittsburgh. From superhopped IPA’s to coffee infused stouts to barrelaged sours, Pizza Boy brews world class beers to fit a variety of pallets, Brewbound.com reported on April 14.
Pizza Boy prides themselves on an extremely in depth and high quality barrel aging program. They use only quality charred oak, spent wine and liquor barrels to create complex and wild creations for limited bottle releases and drafts. With over a hundred barrels and a recently expanded facility to increase storage, Pizza Boy is committed to bringing more of their exceptional sours and barrelaged beers to market than ever before.
Newcomer Steel City Beer Wholesalers will be importing and distributing the brewery in Western PA. Based in Lawrenceville, Steel City Beer focuses on distributing craft beer without being financially controlled by a major brand. Pizza Boy is the second of many top quality craft breweries that Steel City Beer has lined up to bring to the Western PA market.
Pizza Boy is set to launch in the Pittsburgh market in early May. There will be several launch events at local bars and bottle shops. More updates will follow on social media
...More info on site
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USA, CA: Figueroa Mountain Brewing Co. expanding distribution outside of southern California and the state
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Buellton-based Figueroa Mountain Brewing Co. plans to expand its distribution outside Southern California and the state, The San Luis Obispo Tribune reported on April 10.
The craft brewer that’s been steadily growing since its founding in 2010 will now be available in stores throughout Central Valley’s Kern County by partnering with two distributors there: Advance Beverage Co., in Bakersfield and Donaghy in Fresno.
There aren’t any current plans to open a taproom in the Central Valley, but Figueroa Mountain is planning to distribute beer to the Inland Empire area east of Los Angeles soon, according to brand manager Kady Fleckenstein.
By the end of 2016, the brewer plans to expand distribution to about five surrounding states, she said.
Co-founders and father-son duo Jim and Jaime Dietenhofer already distribute their brews in San Luis Obispo, Santa Barbara, Ventura, Los Angeles, Orange and San Diego counties. The company has tasting rooms in Arroyo Grande, Santa Maria, Buellton, Santa Barbara, Los Olivos and Westlake Village.
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EU: German malt production in July/December increases
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The latest malt production figures for the grain year 2015/16 are reported by H. M. Gauger GmbH as follows:
German production in July/December 2015 is
...More info on site
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South Africa: AB InBev agrees to create $69 mln fund to support South African beer industry and protect jobs
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Anheuser-Busch InBev NV agreed to create a 1 billion rand ($69 million) fund that will support the South African beer industry and protect jobs in the country to help seal approval for its proposed $105 billion takeover of SABMiller Plc, Bloomberg reported on April 14.
The deal struck between the Budweiser maker and the South African government includes a pledge to preserve its full-time employment levels in the country for five years after the deal closes and to not make any involuntary job cuts, Leuven, Belgium-based AB InBev said in a statement. It also includes financial help for new farms to produce raw materials like hops and barley for the combined company.
“This transaction is by far the largest yet to be considered by the competition authorities and it’s important that South Africans know that the takeover of a local iconic company will bring tangible benefits,” the country’s Economic Development Minister Ebrahim Patel said in the statement. “Jobs and inclusive growth are the central concerns in our economy.”
The pledge echoes one made by Wal-Mart Stores Inc., the world’s biggest retailer, which agreed to set up a 200 million-rand development fund when it acquired Massmart Holdings Ltd. in 2011.
South Africa is just
...More info on site
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EU: Barley export licences bookings total 8.024 mln tonnes as of March 30
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As of March 30, the European Union’s barley export licences have been booked for 8.024 mln tons (last year 6.852 mln), malt exports by
...More info on site
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Russia & Ukraine: Barley export offers drop to minimal levels this year
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Barley offers from the Black Sea had dominated feed barley markets until December, but sales have dropped to minimal levels since the turn of
...More info on site
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Zimbabwe: SABMiller’s Delta Corp. considers reducing beer prices after drop in revenue and volumes
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Delta Corp Ltd., Zimbabwe’s biggest company by market capitalization, is considering whether to drop its beer prices after full-year revenue and volumes fell, Bloomberg reported on April 14.
The company, which is about 23 percent-owned by SABMiller Plc, will “review the competitiveness of its offerings,” Harare-based Delta said in an e-mailed statement on April 14. “Consumers continue to shift toward affordable brands.”
Revenue fell 7 percent in the year through March, while volumes of lager produced declined 8 percent, Delta said. Volumes of the company’s cheaper Chibuku sorghum beer gained 15 percent in the fourth quarter, cutting the full-year decline to 3 percent.
Delta is battling weak consumer spending in Zimbabwe amid a crisis that has seen the economy shrink by about half since 2000 and the economy experience deflation for 16 consecutive months. The company’s volume and revenue performance “largely mirrors the subdued economic activity,” Delta said.
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Australia: Australian scientists say they developed the world’s first gluten-free barley
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Australian scientists say they’ve developed the world’s first World Health Organization-approved “gluten-free” barley, Voice of America reported on April 14.
Developed by the Commonwealth Scientific and Industrial Research Organization (CSIRO), Kebari barley has already attracted the attention of brewers. One German brewery, Radeberger, has already bought 70 tons.
"Gluten-free barley will be highly sought after, with European brewers particularly interested," said John O'Brien, a brewer of gluten-free beer in Melbourne, according to the Reuters news agency.
Kebari is not genetically modified, but a result of a “...program of breeding out the gluten by cross-breeding low gluten barley varieties, said the CSIRO,” according to Reuters.
It has been patented by CSIRO.
Reuters reported that “gluten free is one of the world's fastest growing consumer trends with the market expected to grow more than 10 percent a year until 2020 to be worth $7.59 billion, a 2015 report by MarketsandMarket.”
"A true gluten-free barley variety is a true game changer; there is going to be a massive market for the product," Phin Ziebell, an agribusiness economist at National Australia Bank, told Reuters.
While Kebari is not 100 percent gluten-free, “CSIRO said it had 10,000 times less gluten than traditional strains, or about 5 parts of gluten per million, well
...More info on site
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