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E-Malt.com Newsletter 09b
March 02 - March 05, 2017
Quote of the Week
Some people dream of success, while other people get up every morning and make it happen.
Wayne Huizenga
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Currency Rates
Base Currency: US Dollar
on March 03, 2017 |
Base Currency: Canadian Dollar
on March 03, 2017 |
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1 USD = 0.9500 EUR
1 USD = 0.8144 GBP
1 USD = 1.3363 CAD
1 USD = 1.3114 AUD
1 USD = 114.1800 JPY
1 USD = 3.1056 BRL
1 USD = 58.4067 RUB
1 USD = 6.8847 CNY
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1 CAD = 0.7482 USD
1 CAD = 0.6094 GBP
1 CAD = 0.7108 EUR
1 CAD = 0.9812 AUD
1 CAD = 85.4300 JPY
1 CAD = 2.3237 BRL
1 CAD = 43.7494 RUB
1 CAD = 5.1513 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, NE: Bill would increase Nevada craft beer production, but sellers oppose plan
...Click here
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USA, NC: Tarboro Brewing Company getting ready to open second location
...Click here
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USA, CA: Coronado Brewing Company to open new facility in Imperial Beach
...Click here
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Canada, BC: Mariner Brewing aiming at becoming Coquitlam’s first craft brewery by July
...Click here
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USA, NY: Westhampton Brewing Company to open at Gabreski Airport
...Click here
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World: AB InBev suffers its first decline in core earnings since its formation
...Click here
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Brazil: Ambev reports lower EBITDA in Q4 and full year 2016
...Click here
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EU & Japan: EU Commission clears Asahi’s acquisition of SABMiller’s Central and Eastern Europe assets
...Click here
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EU: Minimal malting barley carry-over stock expected in 2017
...Click here
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China: Barley import totals 5.005 mln tonnes in 2016
...Click here
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EU: Mild end to winter helps sowing and could boost barley crop prospects
...Click here
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World: AB InBev ramps up cost savings from its takeover of SABMiller
...Click here
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China: Shanghai’s Boxing Cat craft brewer bought by AB InBev
...Click here
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Myanmar: Kirin hoping to tap into Myanmar beer market’s swift growth
...Click here
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UK: Heineken to enjoy short-term Brexit benefits in the on-trade
...Click here
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South Africa: AB InBev commits to invest R610 mln in increasing hop production
...Click here
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Graph of the Week
Table of the Week
USA Hop Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
A CLOSE UP - HOP PARTICLES IN
DRY HOPPING
ABSTRACT
In dry hopping it is all about extracting the flavours
from the hop particles. German researchers
closely examined particle size during dry hopping, as
the process of pellet disintegration of very important.
Fast swelling hop pellets with small particle size
distribution are seen as ideal for dry hopping. Swelling
velocity was found to be both temperature and variety
independent. The researchers also found that the
swelling volume is higher in low alpha varieties. As
sedimentation of particles happens quickly, agitation
is suggested for better extraction. They also found the
lower particle size distribution of pellets is beneficial in
this context compared to the properties of hop powder
prior to pelletization. These insights should help to
make dry hopping more efficient!
Schnaitter, Engstle, D: Disintegration of Hop Pellets during Dry Hopping
Read more
Source: Barth Innovations
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These Days in Business History
02 March
1809 - The earliest known bank failure in the U.S. is reported when the Farmers Exchange Bank of Glocester, R.I., goes bust after issuing $800,000 in fraudulent loans against total capital of $45
2000 - Wall Street creates what may be the most worthless company of all time. 3Com Corp. spins off 23 million shares of Palm, Inc. on NASDAQ at an initial price of $38
2000 - Shares in MicroStrategy Inc., a hot software consulting firm, fall from $246.75 to $86.75 in a single day as chairman Michael Saylor announces that the company will have to slash its reported revenues and earnings for the past two years
03 March
1885 - American Telephone and Telegraph (AT&T) incorporates
1979 - Meeting in Geneva, OPEC declares that its members will raise the price of crude oil 9% in a single leap, from $13.34 to $14.55, igniting another round of global inflation
2000 - On the same day, technology stocks set a record for industry representation in the Standard & Poor's 500-stock index, at 34.9%, and Cisco Systems, Inc. becomes the world's most valuable corporation, with a total market value of $548 billion
04 March
1902 - American Automobile Association, AAA, founded in Chicago
1977 - 1st CRAY 1 supercomputer shipped, to Los Alamos Laboratories, New Mexico
1991 - Bank of Credit and Commerce International divests itself of 1st American Bank
05 March
1558 - Smoking tobacco introduced in Europe by Francisco Fernandes
1868 - Stapler patented in England by C. H. Gould
1924 - Computing-Tabulating-Recording Corp becomes IBM
Agenda
March 2017:
06-08: 104th Brewing and Engineering Conference (Munich, Germany)
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
08-11: Festival Brasileiro da Cerveja 2017 (Blumenau, Brazil)
16-19: BeerX 2017 (Sheffield, UK)
22-24: World Barley, Malt & Beer Conference 2017 (Vienna, Austria)
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)
18-20: Copenhagen Beer Festival 2017 (Copenhagen, Denmark)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
11-13: Brewing Conference Bangkok 2017 (Bangkok, Thailand)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
July 2017:
08: Beer Boot Camp 2017 (Johannesburg, South Africa)
15: Beer Boot Camp 2017 (Cape Town, South Africa)
26-28: Brasil Brau 2017 (Sao Paulo, Brazil)
August 2017:
04-06: The 21st International Berlin Beer Festival (Berlin, Germany)
08-12: The Great British Beer Festival 2017 (London, UK)
09-12: Vietfood & Beverage 2017 (Ho Chi Minh City, Vietnam)
September 2017:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
23-24: Whisky Live Paris 2017 (Paris, France)
October 2017:
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
November 2017:
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site www.e-malt.com
News Articles
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USA, NE: Bill would increase Nevada craft beer production, but sellers oppose plan
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A bill seeking to increase the amount of beer Nebraska’s craft breweries can produce annually ran into a foamy wall of opposition from large liquor interests during a legislative hearing on March 1, Las Vegas Review-Journal reported.
Senate Bill 130 from Sen. James Settelmeyer, R-Minden, would increase the allowed production capacity from 15,000 barrels to 45,000 barrels a year. A barrel is the equivalent of 31 gallons.
Settelmeyer said his proposal is aimed at helping small businesses in Nevada grow.
“It’s great that we have large corporations that come into Nevada with their products.” he said. “By the same respect I tend to believe we should do what we can to foster these smaller businesses within this state.
“This is a growing industry, to say the least,” Settelmeyer told the Commerce and Labor Committee, which took no immediate action on the bill.
Jaron Hildebrand, representing the Craft Brewers Manufacturing Group, told the panel that Oregon and Washington have no limits on barrel capacity, while neighboring Utah has a 60,000-barrel limit.
Tom Young, brew master and owner of the Great Basin Brewing businesses in Reno and Sparks, said Nevada is behind the times. If he wants to increase production beyond the 15,000-barrel limit, the rules would
...More info on site
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USA, NC: Tarboro Brewing Company getting ready to open second location
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Tarboro Brewing Company is getting into the taco business.
Owners Inez and Stephen Ribustello announced Wednesday that they will open a second location of their popular brewery at the Rocky Mount Mills Campus. TBC West, a new brewery and taco concept, will open March 10, WRAL.com reported on March 1.
“We have always believed success derives from being very intentional in our growth, sourcing our ingredients locally, supporting our community and developing partnerships with the best organizations possible,” Inez Ribustello said.
Tarboro Brewing Company's main taproom and brewing facility will remain in Tarboro alongside the couple's On the Square restaurant.
TBC West, located at 1121 Falls Road, will have a seasonally changing menu of artisan tacos and a rotating tap of beers made the main brewing facility in Tarboro. There will also be some small batch beers produced at the Rocky Mount Mills location.
"Coming to the Mills campus will allow us to experiment with new styles of beer and exchange ideas with the other brewers, students at the Nash Community College 360 Brewing and Distillation Program and a new audience coming to the Mills," Stephen Ribustello said.
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USA, CA: Coronado Brewing Company to open new facility in Imperial Beach
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Coronado Brewing Company is excited to announce plans for a new facility in the country’s most southwesterly city, Imperial Beach, TheFullPint.com reported on March 2.
The project is part of Imperial Beach’s revitalization at Bikeway Village, and Coronado Brewing will be an anchor of the new development. The site plan consists of two 15,000 sq. ft. buildings, one of which will house Coronado Brewing and the other will be home to a local coffee shop, bike shop, and additional retail. Studio E Architects brought life to the formerly dilapidated space through a dramatic color-scheme, large-scale Alaskan cedar trellises, and corrugated metal.
“We’ve been wanting to open another location for some time, and we felt like the South Bay has been under-served by craft beer,” says Kasey Chapman, COO, Coronado Brewing Company. “Bikeway Village offers us a great location, with easy access to the freeway and the rest of the South Bay. The success of our current I.B. location has shown that the demand is there, and we’re looking forward to having a larger space for more people to experience the Coronado brand.”
Bikeway Village is located at 13th Street, with sweeping views of the estuary, San Diego Bay, downtown, and Coronado Bridge.
...More info on site
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Canada, BC: Mariner Brewing aiming at becoming Coquitlam’s first craft brewery by July
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In nautical terms, a mariner is a seaman who navigates a ship with a steady hand.
For Byron Vallis, it’s a perfect word as he charts unknown waters with his business partner and girlfriend, The Tri-City News reported on March 2.
Mariner is also a main drag Vallis knows well, having grown up at the top of Mariner Drive in Coquitlam — the city where he will open its first craft brewery.
It’s a dream the Dr. Charles Best secondary grad (class of 2009) has had for at least five years.
A home brewer, Vallis shared his vision with his employer, Wim Vander Zalm, a well-known Coquitlam businessman who owns Art Knapp Plantland in Port Coquitlam. Vander Zalm liked what he heard and, in 2015 when Coquitlam city council began to look at loosening its liquor policies to allow craft breweries and distilleries, the pair thought to tap into the ever-growing market locally.
They toured microbreweries in the U.S. and around Metro Vancouver, figuring out how they could put a unique spin on a growing business sector.
And last year, when council finally approved new rules after months of debate, their search began to find adequate space: big enough to house four tanks and other
...More info on site
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USA, NY: Westhampton Brewing Company to open at Gabreski Airport
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A team of four entrepreneurs looking to open a brewery in Westhampton finally secured a location for their operation: a 4,700-square-foot space within the Hampton Business park at Francis S. Gabreski Airport, 27east.com reported on March 2.
Brian Sckipp, one of the founders of Westhampton Brewing Company, said he and his partners signed a letter of intent a couple of weeks ago with cousins Gregg and Mitchell Rechler, who own the space.
“We’ve had nothing but a good experience so far,” Mr. Sckipp, a former wine executive, said of working with the Rechlers.
The letter of intent, Mr. Sckipp explained, is one of the first steps in getting their brewing license with New York State. In about two to three months, Mr. Sckipp expects to be able to secure his temporary brewing license. A permanent license would be issued sometime after that.
Once the temporary license is issued, Mr. Sckipp and his co-founders—David DeTurris, Kate Tedesco and John Salvaggio—will be able to start brewing beer and, hopefully, begin having their product stocked in local stores. At that point, the Rechlers would also be able to start setting up a tasting room in the brewery, Mr. Sckipp said.
The space that
...More info on site
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World: AB InBev suffers its first decline in core earnings since its formation
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Anheuser-Busch InBev, the world's largest brewer, suffered its first decline in core earnings since its formation over a decade ago as recession-hit Brazil depressed
...More info on site
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Brazil: Ambev reports lower EBITDA in Q4 and full year 2016
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Ambev S.A., Brazil’s No 1 brewer and part of world’s No 1 brewer AB InBev, announced on March 2 its results for the 2016
...More info on site
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EU & Japan: EU Commission clears Asahi’s acquisition of SABMiller’s Central and Eastern Europe assets
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The European Commission (EC) on March 2 cleared Japan's Asahi acquisition of the business of Belgian-based multinational beverage and brewing company AB InBev in
...More info on site
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EU: Minimal malting barley carry-over stock expected in 2017
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EU malting barley carry-over in 2017 will be minimal, the H. M. Gauger GmbH analysts said in their latest report. The EU production of
...More info on site
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China: Barley import totals 5.005 mln tonnes in 2016
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Chinese barley imports were 5.005 mln tonnes in 2016, of which 3.25 mln from Australia, 0.73 mln from Canada and 0.35 mln tonnes from
...More info on site
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EU: Mild end to winter helps sowing and could boost barley crop prospects
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A mild end to winter has helped European Union farmers start sowing spring barley and wetter conditions since last week could boost crop prospects
...More info on site
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World: AB InBev ramps up cost savings from its takeover of SABMiller
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Budweiser brewing giant Anheuser-Busch InBev will ramp up cost savings from its £79 billion mammoth takeover of SABMiller, the Belfast Telegraph reported on March
...More info on site
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China: Shanghai’s Boxing Cat craft brewer bought by AB InBev
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AB InBev, the world's biggest beer brewer, has acquired a significant stake in one of China's best known craft brewers, in a move that shakes up the country's tiny but booming craft beer scene and, the slumping beer giant hopes, its own bottom line, Fortune reported on March 2.
The company's quarterly earnings announcement on March 2 disappointed investors, who sent the stock falling 3% after AB InBev missed analyst estimates for the seventh quarter in a row. The sluggish results provided further explanation for why AB InBev was willing to spend $103 billion to buy rival SABMiller and why it is pushing hard for growth in markets like China. AB InBev has also been investing in craft brands, buying nine U.S. craft brewers over the past six years.
Boxing Cat Brewery in Shanghai wasn't the city's first craft brewer when a trio of businessmen - one American, one Canadian, one Chinese - opened it in 2008. But it has survived to become the city's longest lasting. Last year it became the first Chinese microbrewery to win a medal at the World Beer Festival. Its beers share the pugilist theme of its brand name: There's a Ringside Red, Sucker Punch Pale
...More info on site
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Myanmar: Kirin hoping to tap into Myanmar beer market’s swift growth
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Japanese brewer Kirin is hoping to tap into swift growth - and serious staying power - with its latest investment in Myanmar's fizzing beer market, a senior executive said on March 3, The Business Times reported.
Last month the beer giant took a controlling stake in Mandalay Brewery for US$4.3 million, topping off its more than half a billion investment in top producer Myanmar Brewery in 2015.
Myanmar Brewery deputy managing director Hideki Mitsuhashi predicted sales will grow in line with GDP at around 7 per cent a year.
In the long-run, he said Myanmar's drinkers can also knock it back for longer than their regional counterparts.
"Myanmar people are very, very strong for alcohol," he told AFP.
"We have a kit to measure resistance to drink... They are much stronger than Japanese and Chinese."
Myanmar beer consumption rates are currently among the lowest in Asia.
Drinkers chug down around three litres per head each year, according to Euromonitor, a fraction of the more than 40 litres drunk in neighbouring Vietnam or over 30 in Laos.
But the market has been brewing since a quasi-civilian government took over in 2011 and introduced a raft of economic reforms that have uncorked a market long stifled by military rule.
Today local
...More info on site
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UK: Heineken to enjoy short-term Brexit benefits in the on-trade
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Heineken will enjoy the short-term Brexit benefits in the UK on-trade, trade marketing manager, Paul Gordon, was quoted as saying by Imbibe on March 2.
‘It has been an interesting 12 months, with the results of the referendum and the change that would bring,’ Gordon said. ‘Bizarrely what we have seen since is actually a pretty good set of results. We are seeing inflation staying quite low and production and manufacturing going up to the highest number in 17 years. We have seen unemployment go down and retail value go up.
‘In the short term it has been quite good but we also know behind that there is some other stuff round the corner. We know there is going to be an impact on inflation and the cost of goods if you are bringing things in from outside the UK. There could be an impact on living wage and availability of staff etc. So there is a lot of uncertainty still to come and we have yet to see the real impact of Brexit. It’s one to keep watching but it is one to enjoy the benefits of in the short term as well,’ he said at a Heineken briefing on March
...More info on site
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South Africa: AB InBev commits to invest R610 mln in increasing hop production
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AB InBev and SABMiller’s R610-million investment in the agricultural sector is set to turn South African Breweries Hop Farms (SABHF) into a net exporter and grow production by 250 tonnes annually, the Press Reader reported on March 2.
The global brewer announced on March 1 it was committed to investing R610 mln by 2021 in raising hop production, creating employment and upskilling workers by investing in research and development.
There are 424 hectares of hops under cultivation in the southern Cape.
SABHF and contracted private growers harvest less than 1% of the world’s production of 855 tonnes a year. Of this, about 735 tonnes are for SAB and the local craft beer industry, while 120 tonnes are exported to the rest of Africa, primarily for SAB beers.
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