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E-Malt.com Newsletter 41b
October 13 - October 16, 2016
Quote of the Week
Of beer, an enthusiast has said that it could never be bad, but that some brands might be better than others.
A.A. Milne
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Currency Rates
Base Currency: US Dollar
on October 14, 2016 |
Base Currency: Canadian Dollar
on October 14, 2016 |
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1 USD = 0.9070 EUR
1 USD = 0.8196 GBP
1 USD = 1.3255 CAD
1 USD = 1.3249 AUD
1 USD = 103.8400 JPY
1 USD = 3.1985 BRL
1 USD = 63.3465 RUB
1 USD = 6.7249 CNY
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1 CAD = 0.7543 USD
1 CAD = 0.6182 GBP
1 CAD = 0.6841 EUR
1 CAD = 0.9993 AUD
1 CAD = 78.3300 JPY
1 CAD = 2.4126 BRL
1 CAD = 47.6692 RUB
1 CAD = 5.0725 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, WV: The Charleston Brewing Co. sold to Bad Shepherd Brewing Co.
...Click here
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Canada, MB: Fort Garry Brewing Company acquired by Manitoba-based limited partnership
...Click here
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USA, AK: Cynosure Brewing opens its doors in Anchorage
...Click here
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USA, VA: Legend Brewing to open small facility in Portsmouth
...Click here
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Canada: Alberta and Saskatchewan grain harvesting delayed by rain and snow
...Click here
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USA, TN: Steel Barrel Brewing Co. construction plans approved by Murfreesboro
...Click here
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World: Germany and US achieve beer sales increase in August this year
...Click here
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World: Large crops in Russia, Ukraine, Canada, and Australia can’t quite compensate for smaller barley output in the EU and South America
...Click here
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EU: Barley harvest finished with crop down 2.5 mln tonnes this year
...Click here
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Australia: Private estimates put Australia’s barley crop at up to 10.5 mln tonnes this year
...Click here
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South America: Craft beer conquering South American markets
...Click here
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Australia: Carlton & United Breweries can officially claim its status as Australia’s number one brewer
...Click here
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Colombia: For Colombians AB InBev’s takeover of SABMiller means more beer choice
...Click here
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Latvia: Uzavas Alus brewery to increase production capacity by a third next year
...Click here
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Graph of the Week
Table of the Week
Czech Hops Area and Production 2013-2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW DOES THE TEMPERATURE AND
HOP AMOUNT INFLUENCE FLAVOUR
EXTRACTION DURING DRY HOPPING?
ABSTRACT
This was one of the questions that was looked into
when our Barth team conducted these small-scale dry
hopping experiments. Applying the temperatures 0°C,
13°C and 20°C with inline GC-measurements of 14
hop aroma components, it was found that for most of
the components a higher temperature results in higher
concentrations in the beer. However the extraction
yield is different for alcohols compared to terpenes and
other compounds. It was also observed that a six-fold
higher concentration of hops yielded, in general, higher
extraction values which are on average only 1-3 times
higher. This may be due to a saturation limit.
Hinz, S.: Influence of time, temperature and hop oil content on aroma extraction during dry hopping.
Read more
Source: Barth Innovations
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These Days in Business History
13 October
1884 - Greenwich established as universal time meridian of longitude
1971 - Intel Corp. goes public on NASDAQ
1987 - Walter H Brattain, U.S. physicist (transistors, Nobel 1956), dies at 85
14 October
1773 - The first recorded Ministry of Education, the Commission of National Education, is formed in the Polish-Lithuanian Commonwealth
1888 - Louis Le Prince films first motion picture: Roundhay Garden Scene
15 October
1878 - Edison Electric Light Company incorporated
1908 - John Kenneth Galbraith is born, economist, Affluent Society-58 Hillman Award
1993 - Amstel brewery on Curacao produces 1,000,000,000th bottle
16 October
1922 - Disney Co founded
1923 - John Harwood patents self-winding watch (Switzerland)
1985 - Intel introduces 32-bit 80386 microcomputer chip
Agenda
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)
February 2017:
01-03: Finest Spirits 2017 (Munich, Germany)
04-05: Bruges Beer Festival 2017 (Bruges, Belgium)
10-12: Brau Kunst Live 2017 (Munich, Germany)
10-13: HoReCa 2017 (Athens, Greece)
17-19: Mondial de la Biere 2017 (Mulhouse, France)
18-21: Beer Attraction 2017 (Rimini, Italy)
22-25: CAMRA's National Winter Ales Festival 2017 (Norwich, UK)
23-25: Alltech Craft Brews & Food Fair 2017 (Dublin, Ireland)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
16-18: BeerX 2017 (Sheffield, UK)
24-26: Barcelona Beer Festival 2017 (Barcelona, Spain)
April 2017:
07-08: Helsinki Beer Festival 2017 (Helsinki , Finland)
10-13: Craft Brewers Conference & BrewExpo America 2017 (Washington, D.C., USA)
12-14: Siberian Beer 2017 (Novosibirsk, Russia)
22-23: Zythos Beer Festival 2017 (Leuven, Belgium)
May 2017:
14-18: EBC 2017 (Ljubljana, Slovenia)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
More events are available on site www.e-malt.com
News Articles
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USA, WV: The Charleston Brewing Co. sold to Bad Shepherd Brewing Co.
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The Charleston Brewing Co.’s location on Quarrier Street has been sold to Bad Shepherd Brewing Co., whose owners, Patrick Guthrie and Jessica Bright, also own Black Sheep Burrito and Brews, next door, Charleston Gazette-Mail reported on October 11.
The remaining craft beer at Charleston Brewing Co. will be the company’s last, as its assets have been sold to Black Sheep Burrito and Brews owners Patrick Guthrie and Jessica Bright for their new startup, Bad Shepherd Brewing Co.
The brewery, which is located next to Black Sheep on Quarrier Street, will be making and selling beer under the Bad Shepherd name by January 2017.
Guthrie said, with Charleston Brewing Co. owner Ann Saville looking to sell the company and it already having close ties with Black Sheep, they decided to purchase the brewery.
“We were already there selling the beer, so now we’re going to come in, change the structure and start a whole new company,” he said.
The sale became official Sept. 30, according to Saville, who also owns Taylor Books, on Capitol Street. The remainder of its beer will be sold at Black Sheep, and Bad Shepherd can use Charleston Brewing’s recipes. Guthrie said Bad Shepherd will offer similar options to Charleston Brewing’s most
...More info on site
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Canada, MB: Fort Garry Brewing Company acquired by Manitoba-based limited partnership
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The owner of Fort Garry Brewing Company says it has sold the beer maker to a Manitoba-based limited partnership, CBC.ca reported on October 11.
Vancouver-based Russell Breweries announced it has sold Fort Garry for $7.7 million. The company has owned Fort Garry since 2007.
The purchaser, Fort Garry Brewing Company Limited Partnership, is backed by one of the largest diversified private equity firms in western Canada, said Russell Breweries in a news release on October 7.
The sale comes after a "long and extensive strategic review" of Russell Breweries, the company said.
Russell said if a higher, unsolicited bid comes through it may terminate the deal with Fort Garry Brewing Company Limited Partnership at a cost of $750,000.
The company also sold a separate asset, Russell Breweries, to a B.C.-based limited company; effectively selling off all of its operating businesses.
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USA, AK: Cynosure Brewing opens its doors in Anchorage
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A new craft brewery has opened in Anchorage, one that focuses on lagers and Belgian-style beers, KTUU.com reported on October 10.
Located in a former furniture store on East Potter Drive, Cynosure Brewing opened its doors in late September after being in the planning stages for four years.
It’s owned by Clarke Pelz and Cindy Drinkwater, a husband and wife team who are also the brewery’s sole employees at this point.
A mechanical engineer by training, Pelz is a former brewer at Moose’s Tooth Pub and Pizzeria. He worked at the popular watering hole for 15 years, 10 of which he spent running the brewing side of the operation, Pelz said. He left in 2012 to open Cynosure, a term that refers to North Star.
“I told my wife in 2012 that I would have the brewery up and running in six months. Four years later here we are,” said Pelz, shining new fermentation tanks behind him.
After securing investments from old friends and others and getting an equipment loan from a credit union, Pelz pushed through a mountain of paperwork and other hassles to make the brewery a reality.
“We’re still seeing whether it is going to bear fruit but it’ been a wonderful process.
...More info on site
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USA, VA: Legend Brewing to open small facility in Portsmouth
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Tapping into the statewide trend of breweries opening satellite locations outside their home markets, Richmond-based Legend Brewing is headed for the Hampton Roads harbor, RichmondBizSense reported on October 10.
The beer maker confirmed on October 10 it has signed a lease to open a small brewery and taproom in the Olde Towne section of Portsmouth.
The new outpost will take shape in 4,300 square feet on the ground floor of the Seaboard Coastline Building at 1 High St., according to Legend VP of operations Dave Gott. The building is a former train station that sits along the Elizabeth River and is owned by an affiliate of the Monument Cos., a Richmond-based developer.
The brewery will recreate a smaller version of Legend’s Manchester location to include a full service brewpub that will seat about 120 people. Along with the full line of Legend products, a small brewing system will produce its signature beers at the location.
“We’re very excited to be going into Olde Towne Portsmouth,” Gott said. “The area reminds us a lot of Manchester; it’s up-and-coming and being revitalized, and we hope to add something extra to the whole area.”
Legend hopes to have the taproom and brewery open by the spring of 2017.
Sharon
...More info on site
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Canada: Alberta and Saskatchewan grain harvesting delayed by rain and snow
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Many growers in Alberta and Saskatchewan have had to put harvesting on hold because of the recent rain and snow, Globalnews.ca reported on October 9.
It’s been a roller coaster of a season for farmers like Murray Taks who has barley, canola and wheat crops west of Crossfield.
“Well we started out with a drought and then as soon as we started haying, the rains came. It’s been a different year,” Taks said as he assessed his ice-covered barley fields on Sunday.
It was shaping up to be a decent barley yield for Taks, but the cold wet weather put a freeze on the harvest and will likely reduce the frozen remnants to feed grade, dropping the value nearly in half.
“I think for malt barley, the quality is pretty much done. The wheat could end up being feed grade. But the canola won’t take much damage and with the cattle industry the way it is, feed barley isn’t worth much. It doesn’t have any profitability in it at all,” Taks said.
Taks is about halfway through his harvest. In a typical year, he’d nearly be done but he considers himself lucky compared to neighbours near Airdrie who haven’t even started yet, because of a
...More info on site
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USA, TN: Steel Barrel Brewing Co. construction plans approved by Murfreesboro
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Franklin-based Mantra Artisan Ales has plans in the works to build a massive brewery and mixed-use complex on John Bragg Highway east of Murfreesboro, The Daily News Journal reported on October 11.
The plans for Steel Barrel Brewing Co., which were unanimously approved by the Regional Planning Commission on October 10, call for a planned-unit development on the 82.4-acre lot at 6790 John Bragg Highway near Floration Road, according to a site plan provided to the Rutherford County Planning Department. The plans must be approved by the full County Commission to be finalized.
“One of the main goals of this brewery is to promote agri-tourism through the growing of materials onsite, which are needed for producing the locally crafted beers,” Rob Molchan from SEC Inc. wrote in the site plan on behalf of the applicant, Mark Jones.
Jones has partnered with Derrick Morse for the project. Morse is a partner in Mantra Artisan Ales, which is a collaboration with celebrity chef Maneet Chauhan.
Described as similar to Arrington Vineyards, the initial project will have a 15,000-square-foot facility for the brewing of craft beers, a tap room for beer sampling and sales, a sensory room, and labs, Molchan said at the Planning Commission. The labs
...More info on site
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World: Germany and US achieve beer sales increase in August this year
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Germany reported a 6.9% increase in August beer sales, improving the Jan-August figure to plus 0.3%, H. M. Gauger GmbH said in their October
...More info on site
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World: Large crops in Russia, Ukraine, Canada, and Australia can’t quite compensate for smaller barley output in the EU and South America
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Large barley crops of Russia, Ukraine, Canada, and Australia cannot quite compensate the smaller production in the EU and South America this year, H.
...More info on site
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EU: Barley harvest finished with crop down 2.5 mln tonnes this year
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The barley harvest is finished in the European Union, the crop result is 59 mln tonnes vs. 61.5 a year ago, H. M. Gauger
...More info on site
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Australia: Private estimates put Australia’s barley crop at up to 10.5 mln tonnes this year
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In their September report ABARES estimate the 2016/17 barley crop at 9.5 mln tonnes vs. 8.6 mln last year. Most other estimates are even
...More info on site
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Brazil: Brewers pushing back against tax overhaul
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Brazilian beverage producers, including groups that represent Ambev SA, Heineken NV and Coca-Cola Co., are pushing back against a tax overhaul they say will open up the industry to fraud and put their trade secrets at risk, ESM reported on October 14.
The government’s plan is to ask companies to self-report the quantity of ingredients they receive and the volumes they produce. That would replace the current use of machines to track how much soda or beer is being made - an expensive method that was meant to cut down on tax fraud but has ultimately been deemed overkill.
Changing the system will cut costs and make better use of revenue generated from state and federal taxes, which combined average about 44 percent for beer, the government says.
But the switch comes at a difficult time for Ambev, Brazil’s top-selling brewer, which is controlled by multinational giant AB InBev SA. To adopt the new system, companies will have to disrupt production at the end of this year, at the peak of summer in the southern hemisphere, according to the manufacturer of the current machines. And Ambev is still working to recover from a sales slowdown that hurt its first-half results.
The beer giants are
...More info on site
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South America: Craft beer conquering South American markets
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Think of Latin American alcohol and you are likely to think of wine and spirits.
Mexico has its tequila, Cuba has rum, Brazilians drink caipirinhas and in Peru they make pisco. In Chile and Argentina, the tipple of choice is often a cabernet sauvignon or a malbec.
You are less likely to think of craft beer.
But slowly, surely, the beer revolution that is so well established in northern Europe and North America is starting to trickle southwards, BBC reported on October 14.
Across Latin America, small breweries are opening up, offering alternatives to the mass-produced brands of lagers.
These emerging microbreweries account for only a tiny fraction of overall beer sales, but that fraction is expanding quickly.
"Sales of craft beer in Latin America are growing at between 20% and 40% a year, depending on which country you're in," says Daniel Trivelli, president of Copa Cervezas de America, one of the region's biggest craft beer contests.
"Here in Chile, sales are growing at 25% and craft beers have around 2% of the overall beer market. We have around 250 craft beer breweries here, producing around 1,500 different beers."
Traditionally, Latin Americans have tended to drink light low-alcohol lagers, in part due to the hot climate across much
...More info on site
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Australia: Carlton & United Breweries can officially claim its status as Australia’s number one brewer
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Carlton & United Breweries can officially claim its status as Australia’s number one brewer, Anheuser-Busch InBev has declared, having taken control of the company on October 10.
AB InBev also sought to clarify that Jan Craps, Zone President Asia Pacific South, will have a dual role as Chief Executive Officer of CUB, its Australian business unit.
CUB’s newly appointed president Peter Filipovic is effectively second-in-command, with responsibility for commercial delivery of the division.
Filipovic is one of 13 business unit presidents comprising the Asia Pacific South Zone Management Committee – abbreviated by AB InBev to ‘Zone ManCom’.
All 13 of these executives report directly to Craps. The zone leadership team also includes ‘functional leaders’, most of whom are responsible for leading business functions across the entire zone.
Among their number is newly appointed VP Marketing Richard Oppy, whose role AB InBev said “will initially be focused on delivery for Australia and sharing best practice across the zone – this will be broadened to include full zone responsibility in time”.
Craps said the zone leadership team is made up almost equally of AB InBev and SABMiller colleagues.
“This diversity of background, nationality and experience from many different regions will deliver a truly ‘best of both’ approach and allow
...More info on site
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Colombia: For Colombians AB InBev’s takeover of SABMiller means more beer choice
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One of the most anticipated corporate mergers in recent history was sealed last week when Anheuser-Busch InBev (AB InBev) acquired SABMiller. The Anglo-South African SABMiller purchased Colombia’s Bavaria from the family-owned Santo Domingo Group back in 2005 as part of this international group’s expansion into South America. Bavaria is South America’s No. 2 brewer with 99% market shares in Colombia and Peru, The City Paper Bogota reported on October 14.
As of Oct 10, the news of the third largest ever take-over became official and Bavaria, as well as the niche Bogotá Beer Company became part of the Belgium-based InBev and world’s largest beer company. For Colombia, the brands that are part of beer history, such as Club Colombia, Aguila, Poker and Costeña will continue to dominate the local market, but with the InBev incursion, consumers get more choice, with Stella Artois, Budweiser and Corona expanding InBev’s domestic beer portfolio. And of course you can still enjoy all the craft beer selections by the Bogotá Beer Company in their pubs and in restaurants and supermarkets across the nation.
The InBev-SABMiller merger also means new leadership at the top for Colombia and the region. Ricardo Moreira assumes the post of president for the
...More info on site
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Latvia: Uzavas Alus brewery to increase production capacity by a third next year
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Uzavas Alus brewery based in the Ventspils municipality in north-western Latvia (formerly Zaksi) next year will increase its production capacity by one third, the company's owner Uldis Pumpurs told LETA.
He said that Uzavas Alus this year has started selling its beer in Finland where it is available in Stockmann stores and has already won interest of consumers.
At the end of October the company plans to send its first shipments to Germany, where the beer will be sold in Gunars Kirsons' restaurants Kirsons. "If we manage to develop in the Finnish market, then next year Uzavas Alus will expand and increase production by one third," said Pumpurs, adding that in the future also other export perspectives may open, for example, to Russia.
Pumpurs said that the company next year plans to purchase new equipment in order to increase its capacity. Pumpurs did not disclose the planned investments, but said that the EU funding will also be attracted to the project.
Last year Uzavas Alus generated EUR 3.195 mln in sales, up 2.9% y-o-y, and posted EUR 238,940 in loss in contrast to a profit a year ago.
The company was founded in 1995 and its share capital is EUR 298,802. The company's sole owner
...More info on site
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