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E-Malt.com Newsletter 23b
June 07 - June 10, 2018
Quote of the Week
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Lyndon B. Johnson
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Currency Rates
Base Currency: US Dollar
on June 08, 2018 |
Base Currency: Canadian Dollar
on June 08, 2018 |
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1 USD = 0.8468 EUR
1 USD = 0.7446 GBP
1 USD = 1.2960 CAD
1 USD = 1.3084 AUD
1 USD = 109.8900 JPY
1 USD = 3.8725 BRL
1 USD = 61.8125 RUB
1 USD = 6.3889 CNY
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1 CAD = 0.7715 USD
1 CAD = 0.5745 GBP
1 CAD = 0.6533 EUR
1 CAD = 1.0094 AUD
1 CAD = 84.7800 JPY
1 CAD = 2.9875 BRL
1 CAD = 47.8520 RUB
1 CAD = 4.9289 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Craft beer hopes to reap greater profits through taproom and brewpub sales
...Click here
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Canada, MB: Nonsuch Brewing secures location for brick-and-mortar facility in Winnipeg
...Click here
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USA, CA: Alaro Brewing Co. eyeing June 30 opening in Sacramento
...Click here
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USA, AL: Side By Each Brewing Co. hoping to open in Auburn this coming winter
...Click here
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USA, OH: Missing Mountain Brewing Co to open its doors this week
...Click here
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USA, OR: Porter Brewing Co. to be launched by husband and wife team in September
...Click here
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USA, TN: Saw Works Brewing Co. coming to Knockswille soon
...Click here
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South Korea: Brewers bringing in foreign beers rather than investing in development of own brands
...Click here
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Myanmar: Carlsberg Myanmar unable to expand due to difficult environment
...Click here
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Japan: Kirin hopes to offset shrinking beer sales by launching wellness food and beverages
...Click here
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Taiwan: Major food and beverage conglomerate launches its first line of beer
...Click here
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Myanmar: Pernod Richard expanding its whisky footprint in Myanmar
...Click here
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India: AB InBev opens India’s first ever solar powered brewery in Karnataka
...Click here
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Graph of the Week
Table of the Week
Canada Barley Supply and Disposition as of May 2018
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 June
1775 - United Colonies change name to United States
1887 - Monotype type-casting machine patented by Tolbert Lanston
1965 - Sony Corp introduced its home video tape recorder
1990 - Universal Studios Florida opens in Orlando, FL
08 June
1824 - Washing machine patented by Noah Cushing of Quebec
1916 - Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 - Tim Berners-Lee, future inventor of the World Wide Web, is born in London
09 June
1822 - Charles Graham patents false teeth
1869 - Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1959 - The USS George Washington is launched. It is the first submarine to carry ballistic missiles
1994 - Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
10 June
1977 - Apple Computer ships its 1st Apple II
1994 - Biggest European clock ever (9100 kg/(237) 2.5 m) at Aarle-Rixtel
1996 - Intel releases 200 mhz pentium chip
2002 - The first direct electronic communication experiment between the nervous systems of two humans is carried out by Kevin Warwick in the United Kingdom
Agenda
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
10-13: ASBC Malt Flavor and Aroma Symposium 2018 (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
News Articles
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USA: Craft beer hopes to reap greater profits through taproom and brewpub sales
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Americans’ drink preferences are changing, and as they turn more toward wine and spirits, they have left the once undisputed regent — beer — struggling to compete. Even craft brewers, who for a decade have enjoyed explosive growth after tapping into Americans’ tastes for local and small production, are beginning to feel the pinch, the Food Dive reported on June 6.
Despite an 8% bump in total sales for independent craft breweries in 2017, which sold about $26 billion, another 165 craft breweries closed last year — an increase of nearly 70%. At the same time, for the beer market as a whole, sales volume dropped by 1% in 2017. The big players were hit particularly hard with large drops posted by American flagship products like Budweiser (-6.8%), Coors Light (-4.1%), Miller Lite (-2.8%) and Bud Light (-5.7%).
Although craft beers are still experiencing growth, sales are slowing. Instead of purchasing a pint at the bar, Nielsen data that the Brewers Association analyzed showed 55% of craft beer drinkers buy a brewery’s products after making a visit to a taproom. This trend not only draws in more customers, but provides higher profit margins — so small brewers are striving to shift more
...More info on site
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Canada, MB: Nonsuch Brewing secures location for brick-and-mortar facility in Winnipeg
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Close to a year after its debut as a contract brewing operation, Nonsuch Brewing has secured a location for a bricks-and-mortar facility in a space that will likely be familiar to Winnipeg craft beer drinkers, the Canadian Beer News reported on June 5.
As announced on the Nonsuch website on June 5, the nautical-themed brewery has “dropped anchor” at 125 Pacific Ave. which was previously home to PEG Beer Co. before its closure earlier this year.
The announcement comes on the 350th anniversary of the departure from England of the Nonsuch, a small ship that “sailed the ocean, anchored in Hudson’s Bay, proved the viability of the fur trade, and ultimately changed Canada’s history” – and inspired the name of the brewery, of course.
Production at the new Nonsuch facility is expected to start over the summer, with the opening of a public taproom and retail store to follow in the autumn.
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USA, CA: Alaro Brewing Co. eyeing June 30 opening in Sacramento
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Alaro Brewing Co. will open June 30 at 2004 Capitol Ave., where some of Sacramento's beer pioneers honed their craft decades ago, the Sacramento Bee reported on June 7.
The Spanish-style brewery and tapas joint has been renovating what used to be the old Rubicon Brewing Co., founders Ray and Annette Ballestero announced in a press release on June 7. The brewery's name refers to a scenic town on Majorca, a Spanish island from where Ray's ancestors came.
Annette Ballestero co-founded River City Brewing Co. in the Downtown Plaza complex before Downtown Commons was built, and the rest of the staff has Sacramento roots, too. Head brewer Chris Keeton spent five years with Rubicon, executive chef Jason Azevedo previously worked at Hock Farm Craft & Provisions and the old Might Tavern, and sous chef David Santana put in four years next door at The Waterboy.
In addition to the IPAs, pale ales, stouts, porters, pilsners and seasonal beers flowing from Alaro's taps, the brewery will sell local and Spanish wine and other house-made beverages. They're hoping to make people who don't drink beer feel at home, but it'll be a brewery first, Ray Ballestero said.
"My dream is not to have our beer in
...More info on site
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USA, AL: Side By Each Brewing Co. hoping to open in Auburn this coming winter
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Auburn, Alabama is getting a new brewery and a poutine restaurant, the Lewiston Sun Journal reported on June 7.
Business partners and friends Ben Low and Matt Johannes announced during the Lewiston Auburn Metropolitan Chamber of Commerce’s LA Metro Marketplace on June 7 that Side By Each Brewing Co. and The Poutine Factory will open at 1110 Minot Ave. this coming winter.
Low is the former director of brewing operations at Baxter Brewing Co. and Johannes the former head brewer there.
The chamber’s new economic development arm is providing financing support as they turn the former 10,480-square-foot Hammond Tractor building into a space that’s part brewery, part tasting room and part cafe.
“We’re really trying to keep it open and welcoming and family-friendly,” said Low, of Auburn. “It’s not going to be super-hipster feeling like a lot of the places in Portland, in keeping with the community.”
Kitchen space inside is being leased to Randy Smith from Pinky D’s Poutine Truck, who will operate his business within the business. Smith will serve lunch and dinner at The Poutine Factory.
Low said they spent seven months looking for the right spot in the Twin Cities.
The idea to open a brewery came from “partly just wanting to
...More info on site
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USA, OH: Missing Mountain Brewing Co to open its doors this week
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Missing Mountain Brewing Co. — which will hold its soft opening on June 7 and grand opening on June 9 and 10 — has a definite intimate feel inside and out, the Akron Beacon Journal reported on June 5.
The taproom is small and filled with wood — whether it’s the wooden high-top communal tables or the wood covering the front of the bar. Large windows let in natural light.
There’s also a covered, outdoor seating area, along with a giant concrete patio in the back filled with tables with umbrellas and planters designed by The Red Twig to provide a splash of color.
The patio, which has an area for live music in the future, offers spectacular views of the rambling Cuyahoga River and it’s not unusual to spot deer, hawks and even a bald eagle hanging out.
“What we tried to create here is a warm place,” said Dave Bertolotti, who founded the brewery along with friends Keith McFarlane, Dan Kephart and Danny Yagersz. “I don’t like to use the word upscale but it is upscale-ish. We really wanted to walk this line between being a sophisticated-feeling taproom but not being off-putting or snobbish.”
McFarlane agreed with that assessment.
“We have a little bit
...More info on site
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USA, OR: Porter Brewing Co. to be launched by husband and wife team in September
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Husband and wife owners, Deven and Avara Roberts, plan on opening Porter Brewery Co. on the Northeast side of Redmond in September, The Source Weekly reported on June 6.
Porter Brewery Co. will be a cask-ale brewery offering English-style ales. The brewery will have a grassy outdoor space for folks to sit outside and kids to play.
The Bad Boys Barbecue food truck will be on site for melt-in-your-mouth barbecue to pair with their ales.
Avara Roberts said, "Our goal is to create an awesome space for families and neighbors to come hang out, be outside, be social and drink great ales."
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USA, TN: Saw Works Brewing Co. coming to Knockswille soon
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Saw Works Brewing Co. soon will call West Town Mall home, the Knoxville News Sentinel reported on June 7.
The Knoxville brewery plans to open in the center of the mall food court later this summer, Saw Works representative Patrick King said.
The Saw Works kiosk will feature about 20 beers on tap.
"I think Saw Works has the opportunity to be a platform that supports local craft beer and innovation within the craft beer industry," King said. "This is something we believe in and remain committed to. We think this will breathe new life into a solid Knoxville brand."
Saw Works has been building excitement surrounding a new location since its East Depot Avenue location closed in September.
Its goodbye Instagram and Twitter posts ended with, "Many new exciting things to come! Stay tuned..."
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 Ukraine: Malt exports up 16% yoy
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Ukraine’s malt exports totalled 123.9 thousand tonnes over the 11 months of the current season (July-May 2017/18), which is 16% up from the same
...More info on site
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South Korea: Brewers bringing in foreign beers rather than investing in development of own brands
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Beer companies in South Korea have been rushing to bring beer foreign brands to the country rather than investing to develop their own beers,
...More info on site
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Myanmar: Carlsberg Myanmar unable to expand due to difficult environment
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Michael Jensen, managing director of Carlsberg Myanmar, doesn’t bother to hide his frustration at the environment in which his brewery has been forced to
...More info on site
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Japan: Kirin hopes to offset shrinking beer sales by launching wellness food and beverages
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Kirin Holdings Co., seeking growth beyond a shrinking beer market, is turning its attention to making people healthier, Bloomberg reported on June 7.
Japan’s second-largest beermaker aims to reach 100 billion yen ($910 million) in sales of food and beverages aimed at appealing to wellness concerns in the next two decades, Chief Executive Officer Yoshinori Isozaki said in an interview on June 6. The segment could take 10 to 20 years to build out, he said.
“Last year we began looking at how we can develop a business in the area of health and well-being,” Isozaki said at the brewer’s Tokyo headquarters. “Everyone wants to live as long as they can.”
Selling more food may help Kirin offset declining sales at its mainstay brewery business, where it’s also fending off intensifying competition from Asahi Group Holdings Ltd. and Suntory Holdings Ltd. Along with adding drinks and snacks that contain healthful bacteria, Kirin aims to increase its premium beer offerings in Japan and acquire stakes in brewery operations in developing markets like Southeast Asia, Isozaki said.
Kirin has already launched the iMuse product line of snacks and drinks spiked with a lactobacilli the beermaker developed to improve digestion. Isozaki said he plans to take the
...More info on site
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Taiwan: Major food and beverage conglomerate launches its first line of beer
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Major Taiwanese food and beverage conglomerate King Car Group launched its first line of beer on June 6, eyeing the domestic market that has long been dominated by one major brewer, Taiwan Beer, the Kyodo News Plus reported on June 7.
The German-style beer, Buckskin, is a light beer available in two varieties, Munich Helles and Hefeweizen, the latter of which differs in having a natural fruity taste.
Albert Lee, chief executive officer of the King Car Group, which opened Taiwan's first whisky distillery in 2005, launched the beer at the group's newly constructed brewery in Taoyuan, northwestern Taiwan.
Malts, hops and yeast, as well as the brewing equipment, are all imported from Germany, he told a press conference.
To make real German-style beer, Georg Rittmayer, whose family has been in the brewing business in Germany since 1422, was hired as chief consultant of the brewing team.
Currently, Taiwan Beer, brewed by the publicly owned Taiwan Tobacco and Liquor Corp. that succeeded the government's monopoly bureau in 2002, accounts for about 60 percent of domestic market share.
It is followed by Dutch brewer Heineken, with about 15 percent, and Japanese brand Kirin, with about 10 percent.
Lee said he has no intention to "defeat" the top three
...More info on site
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Myanmar: Pernod Richard expanding its whisky footprint in Myanmar
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Pernod Richard is expanding its whisky footprint in Myanmar having acquired a majority stake in a new joint venture with private equity firm Yoma Strategic, making it the first major global producer of wine and spirits to enter the market, The Drinks Business reported on June 7.
The focus of the partnership, within which Pernod will hold a majority share, will be on the production and distribution of whisky in Myanmar.
The remaining equity will be split between Yoma Strategic, private equity firm Delta Capital Myanmar and distiller Win Brothers.
Pernod has said it plans to appoint a senior management team to head up operations in the country, with its entry into the market the first time a major global producer of wine and spirits has established a formal presence in Myanmar.
The agreement will see Yoma’s Myanmar-made High Class whisky brand become part of Pernod Riacrd’s portfolio, complementing the growth of Pernod’s Chivas and Ballantine’s whisky brands in Asia.
Holding the largest share in the partnership, Pernod will also take the lead in management of the production facilities, distribution and brand portfolio of Access Myanmar Distribution Company Ltd. (“AMDC”) – the current joint venture between Yoma Strategic, Win Brothers and Delta Capital Myanmar.
This will
...More info on site
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India: AB InBev opens India’s first ever solar powered brewery in Karnataka
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AB InBev’s Brewery in the temple town of T Narasipura, 45 minutes away from Mysuru, will brew Budweiser from 100% renewable energy, The News Minute reported on June 7.
The factory stands out amidst the endless greenery of T Narasipura, a quiet temple town in Mysuru district of Karnataka, where Anheuser-Busch (AB InBev), the Belgium-based company and world’s biggest beer producer, has set up the brewery on a 64 acre plot.
Unlike the 9 other breweries owned by AB InBev in India, the SPR brewery in T Narasipura is one-of-its kind in the country. The one-year-old brewery which had been running on conventional energy, has been transformed entirely into a state-of-the art solar powered unit in 2018, a big achievement in terms of making new inroads into carbon reduction in the country. And it does not end here.
The company, as part of its sustainability initiatives, has promised that every Budweiser in India will be brewed on 100% renewable electricity. And T Narasipura has become the ground zero from which this initiative will spread out.
The brewery is one among 17 units operated (10 owned and 7 on contract basis) by AB InBev in India and the fourth brewery producing Budweiser in the
...More info on site
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