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E-Malt.com Newsletter 46b
November 17 - November 20, 2016
Quote of the Week
True success is overcoming the fear of being unsuccessful.
Paul Sweeney
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Currency Rates
Base Currency: US Dollar
on November 18, 2016 |
Base Currency: Canadian Dollar
on November 18, 2016 |
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1 USD = 0.9352 EUR
1 USD = 0.8036 GBP
1 USD = 1.3436 CAD
1 USD = 1.3394 AUD
1 USD = 109.2100 JPY
1 USD = 3.4301 BRL
1 USD = 64.9154 RUB
1 USD = 6.8480 CNY
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1 CAD = 0.7441 USD
1 CAD = 0.5980 GBP
1 CAD = 0.6959 EUR
1 CAD = 0.9967 AUD
1 CAD = 81.2700 JPY
1 CAD = 2.5525 BRL
1 CAD = 48.0720 RUB
1 CAD = 5.0958 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: 2016-17 barley crop forecast to increase to 8.6 mln tonnes
...Click here
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Canada: Bad weather hinders grain harvest but domestic barley needs seem to be covered
...Click here
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USA, IL: Chicago’s first dedicated contract brewery announces its first roster of brewing clients
...Click here
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USA, AZ: Copper Mine Brewing Company set to launch in Tucson next March
...Click here
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USA, NC: Mill River Brewing preparing to open in St. Albans next year
...Click here
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Canada: Labatt brewery retirees will no longer get fee beer as part of their pension benefit package
...Click here
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USA, NC: Third Dimension Brewery gets its lease approved by Kannapolis City Council
...Click here
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USA, MA: Start Line Brewing’s taps already flowing with beer
...Click here
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Vietnam: Sabeco set to list on Ho Chi Minh City Stock Exchange on December 12
...Click here
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World: Barley crop expectations predominantly positive during October
...Click here
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Australia & China: Australian barley crop looks large and plump, sales to China approach the 1 mln tonnes mark
...Click here
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UK: Carlsberg brewery in Northampton still closed after ammonia leak that killed one man
...Click here
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Germany: Carlsberg urged to drop three patents on beer and barley it received earlier this year
...Click here
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Graph of the Week
Table of the Week
EU-28 Barley Supply & Disposition
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW MEANINGFUL ARE IBU VALUES?
ABSTRACT
US researchers looked into several parameters
that can influence IBU values such as pH, ABV, alpha
acid addition and dry hopping in general. In a pH range
from 4.1 to 4.9 they found that below a pH of 4.35
bitterness is perceived less intensely and described with
sour and astringent. Above 4.35 bitterness is perceived
more intensely and described being lingering. It was also
found that dry hopping actually reduces the perceived
bitterness while increasing the tested IBU values.
Driesner K.: The IBU, pH, Dry Hopping, ABV and perceived bitterness
Read more
Source: Barth Innovations
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These Days in Business History
17 November
1801 - 1st edition of New York Evening Post
1869 - Suez Canal (Egypt) opens, links Mediterranean & Red seas
1914 - U.S. declares Panama Canal Zone neutral
18 November
1793 - Louvre officially opens in Paris
1963 - Bell Telephone introduces push button telephone
19 November
1493 - Christopher Columbus discovers Puerto Rico, on his 2nd voyage
1893 - 1st newspaper color supplement (NY World)
1959 - Ford cancels Edsel
20 November
1923 - Garrett Morgan invents & patents traffic signal
1959 - U.N. adopts Universal Declaration of Children's Rights
1984 - McDonald's made its 50 billionth hamburger
1985 - Microsoft Windows 1.0 is released
Agenda
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)
16-19: Beer 2017 (Sochi, Russia)
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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Canada: 2016-17 barley crop forecast to increase to 8.6 mln tonnes
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For 2016-17, Canada’s barley production is forecast to increase to 8.6 mln tonnes despite slightly lower seeded and harvested areas, Agriculture and Agri-Food Canada
...More info on site
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Canada: Bad weather hinders grain harvest but domestic barley needs seem to be covered
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On October 18 grain harvests were 81% complete in Saskatchewan and 73% in Alberta, H. M. Gauger GmbH said in their latest report.
Rain,
...More info on site
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USA, IL: Chicago’s first dedicated contract brewery announces its first roster of brewing clients
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Great Central Brewing Company (GCBC) announced on November 17 their first roster of brewing clients, marking the start of production at Chicago’s first dedicated contract brewery. Maplewood Brewery and Distillery, Begyle Brewing Company, Like Minds Brewing and Around the Bend Beer Company, all of Chicago, Ill. have signed on to leverage GCBC’s 32,000 square feet of state-of-the-art brewing capacity, Brewbound.com reported.
“Partnering with great breweries like these to make more of what we all love is our singular focus and the reason we founded GCBC,” said CEO and co-founder David Avram. “Their trust in our team, our facility and our dedication to quality is both humbling and exciting.”
With an initial capacity of 24,000 bbl annually, GCBC’s flexible, craft-only facility has the capability to scale to 125,000 bbls., and the entire operation has been optimized to deliver efficiency and quality for its clients—whether scaling up, offloading to meet seasonal demand or looking to capitalize on GCBC’s central Midwest location. The company’s staff of hand-picked brewing and packaging experts, including certified cicerones, ensure that every ounce of beer leaving the dock will taste as the clients intend.
Beginning in early-to-mid 2017, consumers will be able to savor beer brewed at GCBC in the facility’s
...More info on site
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USA, AZ: Copper Mine Brewing Company set to launch in Tucson next March
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A new brewery is set to launch next March in an area of Tucson that is quickly becoming a prominent hub for craft beer and spirits, the Arizona Daily Star reported on November 15.
Owners Jeff Kaber and Jeremy Pye have leased 1,800 square feet of space at 3455 S. Palo Verde Road, immediately south of East 44th Street. East 44th Street is already home to the likes of Green Feet Brewing, 1055 Brewing, Three Wells Distilling and Nimbus.
Kaber, 32, and Pye, 30, both University of Arizona graduates, are calling their new venture the Copper Mine Brewing Company, in homage to Arizona’s history in copper.
The two began discussions about opening a brewery as employees of a small business software company in Tucson. Kaber and Pye enjoyed homebrewing on the weekends.
“We just had one of those conversations while brewing one day that we should take this to the next level and make a business out of it,” Kaber said.
Kaber and Pye initially wanted to launch using a 10-barrel system, but “the final bill was staggering,” Kaber said.
They opted instead to invest in a 4-barrel system from Colorado Brewing Systems in Fort Collins, Colorado.
“We took advice from people already in this business,” Kaber
...More info on site
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USA, NC: Mill River Brewing preparing to open in St. Albans next year
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St. Albans is slowly becoming a hub for beer and barbecue. This past September, 14th Star Brewing began supplementing its brews with an in-house barbecue joint called Smokin' Butts Bar-B-Q. Come spring 2017, the town center will get another craft brewery and fully loaded smoker. Meet Mill River Brewing, Seven Days reported on November 16.
The new business will move into a former Hands On Car Wash site at 10 Beauregard Drive this December. It's the brainchild of a family team: brothers Dan and David Fitzgerald will run the brewing side, while Joyce Fitzgerald, David's wife, will be the primary owner and driving force behind the brewery's 48-plus-seat barbecue restaurant.
David and Dan got into brewing in 2013, they say, after an all-grain brewing seminar at Craft Beer Cellar in Waterbury. A member of a family of professional caterers, Joyce was already well versed in food production; that same year, she began cultivating her interests in barbecue and smoking.
"When the guys and I started talking about a brewery, we knew we wanted to have food in the mix," she says. "Partly for responsibility's sake, partly because food is a gathering place."
Mill River Brewing will start with a seven-barrel brewing system, with growler
...More info on site
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Canada: Labatt brewery retirees will no longer get fee beer as part of their pension benefit package
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A free beer allotment for Labatt brewery retirees — which was part of the workers' pension benefit package for more than five decades — will soon go flat, CBC.ca reported on November 13.
Labatt has announced the long-standing perk will be phased out by Jan.1, 2019 because it's too expensive. But workers call the cut petty when compared to the company's ballooning revenues.
Labatt said the allotment for existing retirees would be cut in half in 2018 and cut off completely in 2019.
"I just think it's nickel-and-diming of our retirees that put in a lot of work for many, many years," said local union president Jim Stirr. "In the cost of doing business, it's such a small, small thing."
Labatt, a formerly Canadian beermaker, is now owned by Belgium-based global super-producer Anheuser-Busch InBev. That's a publicly traded company that owns more than 400 beer brands worldwide and reported $55 billion in revenue in 2015 alone.
"The reason for the change relates to the rising overall cost of maintaining a full benefits package, including health care coverage for retirees," Labatt vice-president Lindsay King wrote in a letter to employees dated Oct. 28.
"A recent comprehensive review of all the cost management options has led us to
...More info on site
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USA, NC: Third Dimension Brewery gets its lease approved by Kannapolis City Council
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Bill Collins, who has already opened a successful brewery in Bristol, Conn., wants to invest around $1 million to open Kannapolis, NC’s first brewery, the Independent Tribune reported on November 15.
Collins looks to revitalize the old Michelin Tire building at 100 West Ave. in downtown Kannapolis.
The City of Kannapolis, which owns downtown Kannapolis properties, will lease the property to Collins with an option to purchase the property. Kannapolis City Council approved the lease agreement during their meeting on November 14.
Collins, who owns Firefly Hollow Brewing, initially reached out to the city in June 2015 to begin discussions about opening a brewery in Kannapolis and looks to develop Third Dimension Brewery here, according to the agenda packet for the November 14th’s meeting.
Third Dimension Brewery will pay the city $81,036 annually. The brewery hopes to open by the Fall of 2017, Collins said.
The brewery would to be open six days a week and have three to four full-time employees making about $40,000 a year and later hire about nine part-time employees.
Collins said the brewery will be on the same scale as New Sarum Brewing in Salisbury or Cabarrus Brewing Company in Concord. According to the agenda packet for Monday’s meeting, Collins expects
...More info on site
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USA, MA: Start Line Brewing’s taps already flowing with beer
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A new brewery in Hopkinton has hit the ground running, and its taps are now flowing with IPAs, pale ales, and stouts. Start Line Brewing unveiled its tasting room, located at Water Fresh Farm (151R Hayden Rowe St.), and it has a lineup of running-themed beers for guests to sample in two-ounce pours or to take home in 32-ounce crowlers or 64-ounce growlers, Eater Boston reported on November 15.
Beers offered at Start Line include Honey Ritual, a pale ale; Night Run, a black IPA; and Home Stretch, a dark chocolate stout. The partnership between the brewery and the farm stretches beyond sharing an address: the hops used in Start Line’s beers were grown in hydroponic greenhouses at Water Fresh Farm, as previously reported.
Start Line is open for samples and growler pours from 12 p.m. to 7 p.m. Wednesday to Friday and from 12 p.m. to 6 p.m. on Saturday and Sunday. It is closed Monday and Tuesday.
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Vietnam: Sabeco set to list on Ho Chi Minh City Stock Exchange on December 12
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Saigon Beer Alcohol Beverage, known as Sabeco, is set to list its shares on Ho Chi Minh City Stock Exchange (HOSE) on Dec. 12, eight years after its initial public offering, the Nikkei Asian Review reported on November 17.
The shares will start trading at 110,000 dong. Currently, Sabeco's shares are trading off-exchange at 130,000 dong, making the market value of the company 83.4 trillion dong ($3.6 billion).
Sabeco has charter capital of 6.4 trillion dong, equivalent to more than 641 million shares. Vietnam's Ministry of Industry and Trade holds an 89.59% stake in Sabeco, while Heineken has 5%.
Analysts speculated that the small amount of current floating shares will push the price up after the listing. The government's plans to sell a 53.6% stake in Sabeco this year and the remaining 36% stake next year following the divestment progress would make the shares more attractive to investors.
The main bourse listing process was sped up by the company and relevant authorities after Vietnamese Prime Minister Nguyen Xuan Phuc put the company's divestment under direct supervision of his cabinet.
Sabeco is the largest beer producer in Vietnam with 1.38 billion litres a year and held a 41% market share last year, followed by Heineken (729
...More info on site
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World: Barley crop expectations predominantly positive during October
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During October predominantly positive news appeared about the barley crop expectations – Australia 10.5 – 11 mln tonnes, the effects of frost damage in
...More info on site
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Australia & China: Australian barley crop looks large and plump, sales to China approach the 1 mln tonnes mark
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Before and since barley planting South and East Australia enjoyed perfect weather conditions with good precipitation. Barley crops look large and plump, quantities and
...More info on site
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UK: Carlsberg brewery in Northampton still closed after ammonia leak that killed one man
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Production at the Carlsberg factory in Northampton has been stopped for a week since the ammonia leak at the plant on November 9, Northampton Herald and Post reported on November 16.
On November 9, a man in his forties died following a gas leak at the Carlsberg factory and a 51 year old man who was taken to hospital is in a serious but stable condition.
Nine other people including staff from Carlsberg and emergency service personnel were also taken to hospital for treatment.
A joint Police and Health and Safety Executive investigation is likely to continue over the coming weeks.
Julian Momen, chief executive officer, Carlsberg UK said: "It's only a matter of days since we were all affected by the tragic incident at our brewery.
"Our thoughts remain with the families of all of those impacted. We are continuing to offer everyone concerned with the support they may require.
"We are now focusing on assisting the authorities with their investigation so that we can understand what happened.
"We have also put in place the necessary plans to re-start aspects of production on the site, but we will only do this at the appropriate time and in a controlled manner.
"We will continue to provide further updates
...More info on site
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Germany: Carlsberg urged to drop three patents on beer and barley it received earlier this year
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Three new patents on beer and barley should be dropped by European breweries, non-governmental organizations said. The alliance "No Patents on Seeds" accused Denmark's Carlsberg of abusing a centuries-old tradition, DW reported on November 17.
The European Patent Office (EPO) in Munich and the Carlsberg company were sloshed on November 17 in an open letter by campaigners opposed to the patenting of plants and animals.
No Patents on Seeds, an alliance including Greenpeace, the Catholic charity Misereor, and globally networked small-scale farmers, called on the Danish brewer to voluntarily relinquish three patents it received earlier this year from the EPO.
Documents published by the EPO also list Heineken of the Netherlands as a patent proprietor.
In two patents granted to Carlsberg and Heineken in April, the EPO upheld inventors' claims that barley mutations provided new enzymes to develop "more distinctive," flavor-stable beers and also had less dimethyl sulfide (DMS) that can give beer an undesirable 'cooked sweet corn' taste.
From their third patent, which was granted in September, the brewers expect major energy savings during malting and kiln-drying by using barley varieties low in linoleic acid, allowing cooler temperatures during the so-called "wort" to remove stale flavors.
Half of the brew-house energy usage occurred during these
...More info on site
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