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E-Malt.com Newsletter 29a
July 18 - July 20, 2016
Quote of the Week
A mind that is stretched by a new experience can never go back to its old dimensions.
Oliver Wendell Holmes
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Currency Rates
Base Currency: US Dollar
on July 20, 2016 |
Base Currency: Canadian Dollar
on July 20, 2016 |
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1 USD = 0.9050 EUR
1 USD = 0.7586 GBP
1 USD = 1.3001 CAD
1 USD = 1.3302 AUD
1 USD = 106.0700 JPY
1 USD = 3.2560 BRL
1 USD = 62.9891 RUB
1 USD = 6.6963 CNY
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1 CAD = 0.7691 USD
1 CAD = 0.5834 GBP
1 CAD = 0.6960 EUR
1 CAD = 1.0230 AUD
1 CAD = 81.5800 JPY
1 CAD = 2.5040 BRL
1 CAD = 48.6468 RUB
1 CAD = 5.1498 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley use forecast to increase by 11% in 2015-16 and to be up only marginally in 2016-17
...Click here
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Canada, AB: Annex Ale Project aiming to be up and running in Calgary by November
...Click here
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Canada, AB: Half Hitch Brewing launched in Cochrane, southern Alberta
...Click here
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Canada, AB: Lakeland Brewing to open its doors in St. Paul on July 21
...Click here
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USA, AL: Alabama brewers want more locally grown hops and barley
...Click here
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World: Beer output expected to reach 2.17 bln hl by 2021
...Click here
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World: German malt imports and exports up in July-April
...Click here
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France: The worst spring since many years damages barley quality this year
...Click here
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France: FranceAgriMer’s latest report says less than half wheat and winter barley crops is rated now in good or very good condition
...Click here
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UK & Ireland: Low winter barley quality causing concern
...Click here
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World: Major spring price rally on grains and oilseeds markets seems to be over
...Click here
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UK: Wheat and barley exports in May at their highest combined level since May 1997
...Click here
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Japan: Asahi settles dispute over non-alcohol beer with rival Suntory
...Click here
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UK: AB InBev looking for 40% more high-nitrogen malting barley next year
...Click here
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Graph of the Week
Table of the Week
Austria Brewing Industry 1980-2015
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
Scientific Digest
HOPS DO NOT NECESSARILY
NEED TO TOUCH BEER FOR
DRY HOPPING PURPOSES
ABSTRACT
A German research team that came up with the idea of
extracting hop aroma into beer by applying a combined
desorption/absorption process. The process-dependent
mass transfer was predicted using two different
approaches: a thermodynamic approach, and response
surface modelling. The methods offer the following
advantages: no beer losses, no clarification steps
needed, potential reuse of hops for bittering. Using
response surface methodology was clearly superior
as compared to calculating the mass transfer using
thermodynamic approximations.
Klie, R.: Feasibility and Optimization of a Novel Desorption/ Absorption Process for
Transferring Hop Volatiles into Beer, poster presentation at the Trends in Brewing Conference,
April 2016, Ghent.
Read more
Source: Barth Innovations
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These Days in Business History
18 July
1743 - 1st half-page newspaper ad is published (New York Weekly Journal)
1955 - 1st electric power generated from atomic energy sold commercially
1968 - Robert Noyce and Gordon Moore establish N.M. Electronics Corp. to miniaturize electronic circuitry onto silicon chips. It soon changes its name to Intel Corp
19 July
1860 - 1st railroad reaches Kansas
1967 - 1st air conditioned New York City subway car (R-38 on the F line)
20 July
1837 - Opening of London's first major railway station - at Euston
1868 - 1st use of tax stamps on cigarettes
1903 - The Ford Motor Company ships its first car
1992 - Charles Schwab opens its "mutual fund supermarket," allowing investors to choose from hundreds of different funds without paying transaction fees, as it introduces its OneSource program
Agenda
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 forecast to increase by 11% in 2015-16 and to be up only marginally in 2016-17
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In 2015-16, Canada’s total domestic barley use is forecast to increase by 11% to 6.1 mln tonnes due to increased feed use, with industrial use remaining unchanged, Agriculture and Agri-Food Canada reported in July.
Exports are forecast to decrease by 17% to 9.578 mln tonnes due to lower world trade in feed barley.
Carry-out stocks of barley are expected to increase by 15% to 1.4 mln tonnes which is slightly 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 and good domestic feed barley demand. Barley prices at Lethbridge have been pressured by good old crop supplies, a better barley crop on the way and much improved forage and pasture conditions on the Prairies.
For 2016-17, seeded area is forecast to decrease slightly from 2015-16 and production is forecast to decrease by 4% to 8 mln tonnes due to the lower area and a forecast for average yields.
Despite higher carry-in stocks, the lower production will cause total supply to decrease by 2% to 9.5 mln tonnes.
Total domestic use is forecast to increase marginally to 6.3 mln tonnes.
Exports are forecast to remain unchanged despite lower world barley supply,
...More info on site
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Canada, AB: Annex Ale Project aiming to be up and running in Calgary by November
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On Beer reports that the head brewer at one of Calgary’s most established craft breweries is about to set out on his own.
Annex Ale Project is being founded by Andrew Bullied, head brewer at Village Brewery for the last four years, along with partner Erica O’Gorman of the unrelated Village Ice Cream.
The duo are close to securing a location in Manchester Industrial Park in Calgary’s southwest, where they will be installing a 10 HL brewing system with three 20 HL fermenters and two 10 HL fermenters.
Annex will offer two year-round beers – Extra Pale Ale [XPA] (“light malt profile, west coast character, gigantic hop aroma but not a huge bitterness”) and North American Bitter (“all the nuttiness, caramel you expect with the English bitter balance, but with a big North American nose to compliment malt profile”) – as well as a constantly rotating series of seasonals and one-offs.
Annex Ale Project is aiming to be up and running by November, with the first beers available just before Christmas.
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Canada, AB: Half Hitch Brewing launched in Cochrane, southern Alberta
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More than three years after it was first announced, Half Hitch Brewing has launched in Cochrane, a town located just west of Calgary in southern Alberta, Canadian Beer News reported.
Half Hitch has been founded by a family-led team that includes award winning homebrewer Chris Heier, his father Mike Heier, brother Kyle Heier and step-sister Brittney Kozloski, with several other relatives participating as shareholders.
According to Alberta beer news website The Daily Beer, the brewery’s three flagship brands – Farmer’s Daughter pale ale, Fire ‘n Fury red ale, and Shotgun Wedding brown ale – made their debut last night at Killarney’s Pub in Cochrane, and will be on tap at select bars in Calgary next week.
The Half Hitch taproom and restaurant at 10 Griffin Industrial Point #1 in Cochrane has yet to open, but should be operational later this year.
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Canada, AB: Lakeland Brewing to open its doors in St. Paul on July 21
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The east-central Alberta town of St. Paul will soon be home to the province’s newest brewery, with the opening of Lakeland Brewing this month, Canadian Beer News reported.
Founded by Colin Porozni, Lakeland will be opening its taproom at 4227 50 Avenue in St. Paul on Thursday July 21st, pouring samples, glasses and growlers of several brands including Frigid Gypsy Ale, Jay Bird Amber Ale, Power Failure IPA and Lakeland Honey Brown.
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USA, AL: Alabama brewers want more locally grown hops and barley
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The craft brewing industry is continuing to grow all over the country, and Alabama is in the race to make its beer stand out from the rest. However, the climate in Alabama makes it difficult to make a beer made with local ingredients, The Plainsman.com reported on July 17.
“The problem is that hops prefer a higher latitude because of the longer days," said Julie Howe, associate professor of crop, soil and environmental sciences.
Howe teaches one of the classes in the brewing science program. She teaches about the brewing materials used, which include hops and barley.
“We will probably never be able to compete with the Pacific Northwest,” Howe said. “Because they have the excellent conditions for growing hops. So we want to try to grow hops for selective locally-produced beers or varieties that aren't the same as those grown in the Pacific Northwest.”
The most popular use for barley in Alabama has actually been as an animal feed. Austin Hagan, a professor of entomology and plant pathology, has been working with the University to help provide information to farmers who want to pursue growing hops and barley.
"Historically, barley was primarily used to feed hogs," Hagan said. "But that production has basically dropped
...More info on site
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World: Beer output expected to reach 2.17 bln hl by 2021
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Canadean has published world beer output figures from 2005 – 1.585 bln hl through 2015 – 1.969 bln hl - to an estimated 2021
...More info on site
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World: German malt imports and exports up in July-April
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Chinese malt exports in Jan/April 2016 totalled 137,653 tonnes, H. M. Gauger GmbH reported on July 1.
Polish malt imports in Jan/April were 68,070
...More info on site
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France: The worst spring since many years damages barley quality this year
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France experienced the worst spring since many years, heavy precipitation, cold temperatures, flooded and lodged fields. It had to be expected that the barley quality would suffer badly from these conditions, but also the size of production will be lower than average and earlier predicted, H. M. Gauger GmbH said in their July report.
FranceAgriMer has lowered the “good to excellent” crop ratings within two weeks for winter barley from 73 to 62% and for spring barley from 86 to 71%. Some early winter barley results from the south of Paris and in the Centre show low yields, low test weight and sieving results, also high protein (due to low yields, while normally rains provide for heavy yields with the risk of low protein).
Of course, conditions are variable in a large country, but Agreste‘s June estimate of a winter barley crop of 9.47 mln tons will probably turn out too high.
Kernel size, protein contents, damaged grains and germination problems could reduce the selection of winter and hopefully to a lesser extent spring malting barley, an estimate is not possible yet.
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France: FranceAgriMer’s latest report says less than half wheat and winter barley crops is rated now in good or very good condition
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Over the last two to three months, the condition of French wheat and barley crops has become more and more of a hot topic. A special report published on July 12 by FranceAgriMer for AHDB detailed the timetable of crop development for both crops, from favourable back in early spring, to rapidly falling conditions during June.
According to new data from FranceAgriMer’s crop rating system (Céré’Obs), things have worsened further. As at the week ending 11 July, the proportion of France’s soft wheat and winter barley crops rated in good or very good condition is less than half, substantially lower than the previous week. With 49% good/very good for soft wheat, this is the lowest rating since reporting began in 2012.
While FranceAgriMer are reserving judgement on overall quality until the crop is ‘in the bin’, harvesting is now well underway for wheat and barley. This suggests an upturn in crop conditions is unlikely to be on the cards – which could mean implications across the different wheat markets.
FranceAgriMer will publish its first technological quality assessments in August, until then the weekly crop condition reports will remain an important issue for markets.
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UK & Ireland: Low winter barley quality causing concern
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Low grain quality is causing concern as more winter barley crops are harvested across southern England and Ireland, while combines have also started moving into oilseed rape, FarmersWeekly reported on July 19.
Barley crops in the East are showing reasonable yields and quality, while early harvests further west and some in the South are seeing yields and quality down on recent seasons.
Harvest is well under way in winter barley crops across the southern half of England, while the first oilseed rape crops were being cut in Essex and Kent earlier this week.
Barley growers blame a lack of sunshine this spring and summer for the pinched grains being seen coming off combines, which is resulting in some low specific weights.
Two large light land Suffolk estates were close to finishing their barley harvest at the end of this week with reasonable yields, but in Dorset and Kent, crops have suffered from the dull weather in June.
In the Suffolk Brecklands, on some of the lightest arable land in Britain, early yields were between 7-8 t/ha and specific weight quality a respectable 65 kg/ha.
Combines moved into winter barley on both the Euston and Elvedon Estates in the south-west corner of Suffolk on near-blow-away sands last
...More info on site
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World: Major spring price rally on grains and oilseeds markets seems to be over
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Due to South American crop damages, grains and oilseeds markets performed a major spring price rally, but have now fallen back to the levels of March/April. One large exemption are soybeans, which defended the higher price level in view of tighter supplies until next harvest in South America, H. M. Gauger GmbH reported early in July.
European wheat and barley had followed the U.S. markets half-heartedly or not at all, the analysts said.
On June 30, the USDA confirmed an unexpected large increase of the corn and small increase of the soybean acreage in the U.S., reinforcing the bearish market mood. In spite of corrected regulations on the major grain exchanges, the computer-programmed, high volume speculative trading of funds has led once again to irrational, huge price fluctuations, badly affecting the hedge business of trade and grain industries.
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UK: Wheat and barley exports in May at their highest combined level since May 1997
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UK wheat and barley exports during May were at their highest combined level since May-97, with wheat shipments at 348 thousand tonnes and barley at 127 thousand tonnes. Both crops are coming close to beating current 2015/16 UK export forecasts, HGCA reported on July 13.
Monthly barley exports have started to tail off, with a tighter UK balance compared to wheat. However, for wheat, it was the second largest monthly tonnage of wheat exported this season. If UK export momentum is maintained, UK wheat and barley stocks might not be as high as first anticipated moving into next season, HGCA experts said.
For barley cumulative exports are now at 1.89 mln tonnes, with full season exports currently forecast by Defra at 1.90 mln tonnes. Bar the final 10 thousand tonnes, the current full season forecast has now been hit with one month to go, already implying a tighter balance sheet than previously anticipated.
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Japan: Asahi settles dispute over non-alcohol beer with rival Suntory
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Asahi Group Holdings Ltd said on July 20 it has settled a dispute with Suntory Holdings Ltd after Suntory accused its rival of infringing a patent for non-alcohol beer, Reuters reported.
The terms of the settlement were not disclosed.
The Tokyo District Court in October rejected a request from Suntory for an injunction to stop Asahi from selling Dry Zero beer, ruling there was no patent infringement. Suntory then appealed the decision in the Intellectual Property High Court.
Suntory has withdrawn its appeal and Asahi will continue making and selling the Dry Zero brew, Asahi said in a statement.
Japan's zero-alcohol beer segment is hotly contested as the country's overall beer market shrinks. Suntory was the top seller of no-alcohol brews in 2014, but was overtaken by Asahi last year.
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UK: AB InBev looking for 40% more high-nitrogen malting barley next year
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The brewer of Budweiser beer is looking for 40% more high-nitrogen malting barley next year, which has attracted heavy-land growers looking for a spring cereal break to control blackgrass, FarmersWeekly reported on July 19.
The owner of the beer brand, Anheuser-Busch InBev, will be looking for 35,000t of the high-enzyme French spring barley variety Explorer in 2017 to help meet the needs of its two UK breweries, it is reported.
The world’s biggest brewer requires malting barley of 1.8-1.9% grain nitrogen.
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