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E-Malt.com Newsletter 17b
April 28 - May 01, 2016
Quote of the Week
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Mahatma Gandhi
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Currency Rates
Base Currency: US Dollar
on April 29, 2016 |
Base Currency: Canadian Dollar
on April 29, 2016 |
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1 USD = 0.8820 EUR
1 USD = 0.6864 GBP
1 USD = 1.2566 CAD
1 USD = 1.3126 AUD
1 USD = 109.2100 JPY
1 USD = 3.5102 BRL
1 USD = 65.1133 RUB
1 USD = 6.4831 CNY
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1 CAD = 0.7956 USD
1 CAD = 0.5461 GBP
1 CAD = 0.7018 EUR
1 CAD = 1.0444 AUD
1 CAD = 86.8900 JPY
1 CAD = 2.7928 BRL
1 CAD = 51.4292 RUB
1 CAD = 5.1582 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Barley plantings down to 1.271 mln ha this year
...Click here
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USA, MN: Utepils Brewing Company working hard to open by late summer
...Click here
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USA, CA: FiftyFifty Brewing Company on the cusp of opening doors to second facility
...Click here
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USA, OH: Lock 27 Brewing to launch second brewery in downtown Dayton
...Click here
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Canada, BC: The town of Chilliwack open to hosting Molson Coors new brewery planned in British Columbia
...Click here
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USA, VA: Hardywood Park Craft Brewery starts plans to open new brewery in Charlottesville
...Click here
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EU: AB InBev commits to dispose of a number of SABMiller’s leading beer brands in Central and Eastern Europe
...Click here
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Germany: Total beer output including zero-alcohol brands estimated at 102 mln hl
...Click here
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Japan: Asahi Group reports decline in net income in Q1 2016
...Click here
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China: Government pursuing drastic change of agricultural policies but malting barley import expected to continue
...Click here
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Venezuela: Empresas Polar halts beer production as promised
...Click here
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Germany: Creative craft brewers facing off against a medieval purity law
...Click here
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Australia: Lion purchases craft brewer Bay Brewing Co.
...Click here
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UK: Combined wheat and barley exports hit highest monthly level since November 2011 in February
...Click here
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Ukraine: Ukrainian barley exports amount to 75.9 thousand tonnes in March
...Click here
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Vietnam: Craft beer arrived in Vietnam not long ago but is quickly gaining more and more popularity
...Click here
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UK: Carlsberg UK launching premium beer brewed in Sweden
...Click here
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India: Ireland’s C&C partners with Mahou India to brew several Tennent’s products under licence in India
...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
These Days in Business History
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
29 April
1813 - Rubber is patented
1910 - The Parliament of the United Kingdom passes the People's Budget, the first budget in British history with the expressed intent of redistributing wealth among the British public
1913 - Swedish engineer Gideon Sundback of Hoboken patents all-purpose zipper
1953 - The first U.S. experimental 3D television broadcast showed an episode of Space Patrol on Los Angeles ABC affiliate KECA-TV
1977 - British Aerospace forms
30 April
1506 - Philip of Bourgondy and England sign trade agreement
1925 - Automaker Dodge Brothers, Inc is sold to Dillon, Read & Co. for US$146 million plus $50 million for charity
1939 - NBC inaugurates its regularly scheduled television service in New York City, broadcasting President Franklin D. Roosevelt's N.Y. World's Fairopening day ceremonial address
1939 - NBC/RCA 1st public TV demo with Franklin D. Roosevelt at opening of New York World's Fair
1995 - Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users
01 May
1876 - The Amsterdam Stock Exchange Association (Vereniging voor de Effectenhandel) is created by 465 Dutch brokers; from now on, only members of the association are allowed to trade on the exchange
1878 - The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1925 - The All-China Federation of Trade Unions is officially founded. Today it is the largest trade union in the world, with 134 million members
1972 - Economist Milton Friedman rings the opening bell at the Chicago Mercantile Exchange to inaugurate the world's first day of trading in foreign-currency futures
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: Barley plantings down to 1.271 mln ha this year
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Barley is a specialty crop in the U.S. After last year's bumper crop there was too much barley for the malting industry, so maltsters
...More info on site
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USA, MN: Utepils Brewing Company working hard to open by late summer
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Residents of North Minneapolis in the Bryn Mawr, Harrison and surrounding neighborhoods are now seeing the transformation of the former Glenwood-Inglewood bottling plant into Utepils Brewing Company, Brewbound.com reported.
Plans for the European-inspired craft brewery were approved by the City of Minneapolis in early April. Construction crews will be working hard throughout the summer to get the equipment installed and taproom ready to open by late summer.
Upon completion of construction, Utepils Brewing will feature a first of its kind Bavarian-style brewhouse from German equipment company Esau & Hueber, and a 150+ seat taproom. Phase two will include a large outdoor patio area bordering Bassett Creek.
The word “utepils” is Norwegian for the first beer enjoyed outdoors in the sunshine after a long, dark winter. “Ute” means outside and “pils” means beer.
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USA, CA: FiftyFifty Brewing Company on the cusp of opening doors to second facility
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Back in 2005, Andy and Alicia Barr, living in Roseville and working as engineers for Hewlett-Packard at the time, decided they needed a change of scenery in more ways than one, Sierra Sun reported on April 27.
“We kind of woke up one day and said we want to do something that inspires us more,” said Andy Barr.
While brainstorming ideas for what direction to pivot, the Barrs eventually landed on a new place to live (Truckee) and a new industry to tap into (craft brewing).
“We had done home-brewing and we knew we loved Truckee, because we had been coming up here for years for skiing and enjoying the awesome summers,” Barr said. “We wanted to do something that had direct engagement with an end user, instead of working for a company.”
Thirsty to live in a mountain town and open a brewery, the Barrs quit their company jobs, uprooted from Roseville and planted roughly 80 miles northeast in Truckee that same year, 2005.
After roughly a year and a half of planning, in May of 2007, their change of scenery came into full view when they opened the doors to their very own brewery within The Rock commercial center — FiftyFifty Brewing Company.
Eleven
...More info on site
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USA, OH: Lock 27 Brewing to launch second brewery in downtown Dayton
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Lock 27 Brewing in Centerville will open a second brewery and a pub-restaurant overlooking Fifth Third Field’s main plaza in downtown Dayton, brewery founder Steve Barnhart announced on April 28.
The brewery owner said he has reached an agreement with Columbus-based Crawford Hoying and its partner in the fast-growing Water Street development, Woodard Development, to occupy two floors of the “Delco Building” at 329 E. First St., which is undergoing renovations adjacent to the baseball park.
The new brewery and 130-seat pub are projected to open in April 2017, which will coincide with the projected residential occupancy of the Delco Loft’s 132 apartment units as well as the start of the Dayton Dragons’ season next year, Barnhart said.
Lock 27 joins a growing list of early-stage and completed development in the area. Marriott has awarded a 115-room Fairfield Inn and Suites franchise to the Water Street development, with plans calling for a seven-story hotel that would complement an existing 50,000-square-foot office and retail building that also is scheduled to house a Basil’s on Market restaurant. Other projects call for construction of an estimated 300 apartment units as well as dozens of condominiums in the area that is just east-northeast of downtown Dayton’s central
...More info on site
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Canada, BC: The town of Chilliwack open to hosting Molson Coors new brewery planned in British Columbia
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Chilliwack, BC is currently home to one successful craft brewery currently getting settled in a new location, with another one set to open next month, Chilliwack Times reported on April 28.
But could the city one day be the western home of Molson Canadian?
Rumours have swirled for weeks about a possible location for Molson Coors new brewery, one specifically focused on the Agricultural Food Processing land at Kerr Avenue and Yale Road West.
But no deal is done, although communities are rolling out the welcome mat and the brewery is looking for a home.
“When Molson announced they would be seeking a new brewery location in B.C., we connected and invited them to consider Chilliwack,” Chilliwack Economic Partners Corporation (CEPCO) president Brian Coombes confirmed to the Times.
The City of Abbotsford went further, finding three potential sites for the brewery, but a city report said the beer giant is eying properties elsewhere in the Lower Mainland.
According to a report to the City of Abbotsford’s committee for business innovation, growth and attraction, Molson was pitched three local sites. The report notes, however, that the company is “under negotiations with a couple of properties, none of which are located in Abbotsford but are in the Lower
...More info on site
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USA, VA: Hardywood Park Craft Brewery starts plans to open new brewery in Charlottesville
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Hardywood Park Craft Brewery is expanding once again, Brewbound reported on April 28.
The Richmond, Virginia-based brewery on April 27 shared plans to open a new brewery and taproom in Charlottesville later this year. The announcement comes less than one year after the company said it would build a new $28 million production campus alongside Virginia’s Tuckahoe Creek.
Located on the ground-floor of a privately-owned student housing complex for the University of Virginia, the new location will feature a 3.5 barrel brewing system and 1,100 sq. ft. of retail space that will include a taproom and outdoor beer garden.
In a press statement, brewmaster and co-founder Patrick Murtaugh described the venture as a way for Hardywood Park to expand its experimental brewing program.
“The brewhouse is 5 times the size of our current pilot system and will give us the opportunity to pursue more collaborative brewing efforts and to experiment with innovative recipes in a dedicated facility, while gathering meaningful feedback on these new concepts,” he said.
The taproom will feature 12 Hardywood Park draft lines, and the company plans to place particular focus on R&D batches brewed in house. Additional taps will also be devoted to locally produced coffees and kombuchas.
Hardywood Park co-founder Eric
...More info on site
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EU: AB InBev commits to dispose of a number of SABMiller’s leading beer brands in Central and Eastern Europe
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AB InBev has submitted a refreshed package of commitments to the European Commission including the disposal of a number of leading European beer brands,
...More info on site
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Germany: Total beer output including zero-alcohol brands estimated at 102 mln hl
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A study by Kelch/Hohmann of alcohol-free beer and malt beverage markets puts the 2015 sales at 6.4 mln hl. Therefore the total beer output
...More info on site
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Japan: Asahi Group reports decline in net income in Q1 2016
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Japan’s Asahi Group said its sales in the first quarter ended March 31 increased by 1.6% yoy to 380,241 mln yen.
Operating income was up
...More info on site
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China: Government pursuing drastic change of agricultural policies but malting barley import expected to continue
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China pursues a drastic change of its agricultural policies, H. M. Gauger GmbH said in their April report.
The country is reported to hold
...More info on site
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Venezuela: Empresas Polar halts beer production as promised
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Venezuela's largest beer maker halted the last of its four production plants on April 29 in a spat with the government over access to
...More info on site
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Germany: Creative craft brewers facing off against a medieval purity law
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Brewing beer is a sacred thing in Germany. And there are rules one must follow. One hugely popular tradition is the Reinheitsgebot, the “beer purity law” that says which ingredients are allowed. This past weekend it turned a sprightly 500 years old — the world’s longest-ruling food law, the German Brewers’ Federation says.
It’s such a big deal that even busy Chancellor Angela Merkel made sure to visit the Bavarian city of Ingolstadt to be seen raising a beer stein for the law’s anniversary, PRI reported on April 27.
But while Merkel and some beer lovers may cherish German purity, the old rules are becoming quite a buzzkill for upstart brewers trying to inject a dose of creative flavor. Some craft beer makers, in effect, are losing the right to call their brews beer at all.
It started with a 1516 decree by Bavarian Duke Wilhelm IV. The Reinheitsgebot mandated that beer could only contain water, barley and hops. A later tweak to the law added yeast to the list.
By keeping impurities and additives out, brewers here credit the Reinheitsgebot with the excellent reputation German beer enjoys at home and abroad. Even non-German brewers find much to admire in this medieval statute.
"There's been
...More info on site
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Australia: Lion purchases craft brewer Bay Brewing Co.
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Australia’s Lion, itself owned by Japan’s Kirin Holdings, has announced it's purchasing the Byron Bay Brewing Co, including its range of beers, brewery and hospitality operation, Australian Hospitality Magazine reported on April 29.
Lion has a growing portfolio of craft beers, including Little Creatures, James Squire, White Rabbit, Kosciusko and Knappstein.
Gordon Treanor, craft marketing director at Lion, said “When we were approached by Byron Bay Brewing Co we saw an opportunity to invest in a great local brewery, hospitality operation and craft beer portfolio, with a view to building the business locally and, possibly, in time, sharing these great beers with more people across the country.”
Barry Schadel, owner of Byron Bay Brewing Co, said he feels Lion shares his vision for the company.
“My number one priority was finding a buyer who would continue to invest in the brewery, beers and venue and take the business from strength to strength. Lion has a strong track record of doing this with other craft beers and I know I am leaving Byron Bay Brewing Co in good hands.”
Lion plans to invest in both the brewery and the venue, which includes a bar and restaurant, including a potential refurbishment following the completion of the purchase.
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UK: Combined wheat and barley exports hit highest monthly level since November 2011 in February
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Combined UK wheat and barley exports hit the highest monthly level since November 2011 in February, aided partially by currency movements, FarmingUK reported on April 29.
Nevertheless, uncertainty around future exchange rates combined with factors such as the price carry and UK price competitiveness will have a bearing on the level of grain stocks the UK will carry into next season.
It is no secret that this season the UK has a large wheat and barley surplus for either export or to carry over into next season.
The latest supply and demand forecasts estimate the combined surplus of wheat and barley in the UK at 6.8 mln tonnes.
So far this season (Jul-Feb) the UK has exported 2.85 mln tonnes of the grains, leaving 4 mln tonnes (or 60% of the surplus) to either export from March-June or carry over into next season.
Since the end of December and moving into 2016, sterling has weakened considerably against a number of currencies, including the euro and the US dollar.
This has aided UK cereals price competitiveness and helped boost exports over the past few months.
Furthermore, in February, combined wheat and barley exports totalled 512.5 thousand tonnes, the highest combined level since November 2011.
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Ukraine: Ukrainian barley exports amount to 75.9 thousand tonnes in March
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Barley exports from Ukraine amounted to 75.9 thousand tonnes in March 2016, which was much less than in March 2015 (206.8 thousand tonnes) but more than in the previous month (24 thousand tonnes), UkrAgroConsult reported.
Since the beginning of the season Ukraine exported 4.5% less barley than in the same period of last season (4040.4 thousand tonnes compared to 4232.4 thousand tonnes in July-March 2014/15 MY).
Saudi Arabia, the main barley market of Ukraine, had 55% of the total export volume this season against 63% in 2014/15 MY.
During the current marketing year, Ukraine has consolidated its position in the markets of China, Libya, Algeria, doubling the supply to these countries. Moreover, Ukraine has already exported 200% more barley to the EU countries than last season (about 200 thousand tonnes against 62.5 thousand tonnes).
Despite the consistently high demand for Ukrainian barley by Saudi Arabia, Ukrainian exporters have diversified markets outlet in the current season.
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Vietnam: Craft beer arrived in Vietnam not long ago but is quickly gaining more and more popularity
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Craft beer arrived in Vietnam not long ago but has quickly gained popularity here, especially among office workers. It is obvious that the trend is here to stay as it has become an exciting part of the new Vietnamese urban culture, Thanh Nien Daily reported on April 27.
According to market research by digital advertising companies in America, “craft beer” has been one of hottest search topics on the Internet since 2009. Many people have come to love it, but some market analysts were sceptical, saying the beer might not be able to have a long-term success.
Breweries making craft beer have popped up everywhere, originally in Europe, then America and now starting to spread in Asia. Yet the breweries are still operating more like partners than competitors.
Craft beer is a clever combination between traditional ingredients and creative brewing techniques, in which some might find a resemblance to wine production. Each brewery usually comes up with a unique special taste created by their own brewmasters, who help make sure that every brewpub can offer something surprising and delightful.
The definition of craft beer as a product of creativity and flexibility also allows brewpubs to update their beer lists regularly, adding or changing the
...More info on site
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UK: Carlsberg UK launching premium beer brewed in Sweden
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Carlsberg UK is to launch a premium beer and craft cider exclusively in the on-trade this spring, available on draught in bars and pubs, Bar Magazine reported on April 27.
Available from May 2, they are Shed Head, a 4.6% ABV American-style pale ale, and Bad Apple, a 5.1% ABV cider from Herefordshire – the first craft cider in Carlsberg UK’s portfolio.
Shed Head is dry hopped using Cascade and Citra hops, brewed in Falkenberg, Sweden and imported to the UK. The beer is balanced perfectly with bitterness and tropical fruit aromas to provide refreshment and deliver on flavour.
It joins Carlsberg UK’s popular Backyard Brewery range, alongside Lawn Mower and Bee 17, which have both been available in 330ml can format in the UK since 2014.
David Scott, marketing director at Carlsberg UK said: “As the craft beer revolution goes from strength-to-strength, we are delighted to introduce Shed Head, a new premium craft beer packed full of flavour that we know beer-drinkers will love.”
Citing CGA Strategy figures, he added: “Pale ales are one of the fastest-growing styles of beer, representing almost one in three craft beer sales so now is the perfect time to launch Shed Head to the on-trade, supported by an
...More info on site
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India: Ireland’s C&C partners with Mahou India to brew several Tennent’s products under licence in India
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Drinks group C&C has announced a new partnership deal with Mahou India, which is a wholly owned subsidiary of Spanish brewing major Mahou San Miguel, RTE.ie reported on April 28.
The deal comes as the company continues to ramp up its international expansion in Asia-Pacific and marks its third strategic partnership in the recent months.
C&C and Spanish-headquartered Mahou San Miguel have reached a deal to brew several Tennent’s products under licence in India.
Initially Tennent's and Mahou India will launch Tennent's Whisky Oak Aged Beer and Tennent's IPA, the first authentic Indian Pale Ale, to be brewed in India.
C&C said that the country is a rapidly growing beer market.
"The deal strengthens Tennent’s presence in India, and we hope it allows for participation in the spectacular growth and premiumisation of the Indian Beer Market," commented Joris Brams, Managing Director of C&C Group’s International Division.
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