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Newsletter Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 42b
October 16 - October 19, 2014


Quote of the Week

"The roots and herbs beaten and put into new ale or beer and daily drunk, cleareth, strengthen and quicken the sight of the eyes."
Nicholas Culpeper

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Currency Rates


Base Currency: US Dollar
on October 17, 2014
Base Currency: Canadian Dollar
on October 17, 2014
      1 USD = 0.7813 EUR
1 USD = 0.6246 GBP
1 USD = 1.1279 CAD
1 USD = 1.1410 AUD
1 USD = 106.0230 JPY
1 USD = 2.4648 BRL
1 USD = 40.8333 RUB
1 USD = 6.1437 CNY
      1 CAD = 0.8868 USD
1 CAD = 0.5539 GBP
1 CAD = 0.6928 EUR
1 CAD = 1.0118 AUD
1 CAD = 94.0190 JPY
1 CAD = 2.1857 BRL
1 CAD = 36.2100 RUB
1 CAD = 5.4481 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news Canada: Molson Coors volumes will not be hit by end of partnership with SABMiller ...Click here
Brewery news USA & CA: New Holland Brewing Co. begins shipping beer to Canada ...Click here
Brewery news USA, WI: The Brewing Projekt to open in Eau Claire in 2015 ...Click here
Brewery news Canada, ON: Louis Cifer Brew Works opens in Toronto ...Click here
Brewery news USA, NC: Gibb's Hundred Brewing Co. opens in Greensboro ...Click here
Brewery news USA, OR & Washington D.C. & VA: Deschutes Brewery expands its distribution throughout D.C. and Northern Virginia ...Click here
Brewery news Canada, ON: Cannery Brewing to move and expand ...Click here
Brewery news Canada, ON: New brewpub Abe Erb to open in Waterloo this autumn ...Click here
Brewery news Canada, ON: Black Swan Brewing launches in Stratford ...Click here
World News
Malt news EU: EU malt industry well sold owing to improved beer sales and good export ...Click here
Brewery news World: Diageo reports drop in quarterly net sales ...Click here
Brewery news Australia: SABMiller’s lager volumes down 1% in Australia in Q2 ...Click here
Barley news World: Analysts see situation of malting barley in the world as ‘explosive’ ...Click here
Barley news World: Grain and oilseed prices pushed to new lows in September ...Click here
Barley news Russia: Grain exports may reach record high this year ...Click here
Barley news UK: Barley production up in lucrative year ...Click here
Brewery news Zimbabwe: Delta Corporation’s lager sales drop 25% in H1 ...Click here
Brewery news Australia: Craft beer sales up by 48% in 2011-2013 ...Click here
Brewery news Hong Kong: Local craft beers finally starting to take off ...Click here
Graph of the Week


Table of the Week

German Hops Acreage and Production 2010-2013


Table of the week.

Barley Prices


Canadian Malting and Feed Barley Prices


US Malting and Feed Barley Prices


French Malting and Feed Barley Prices




Theoretical Malt Prices



Canadian Malt Prices


US Malt Prices


Theoretical EU Malt Prices



Scientific Digest


1.3-pentadiene in hops


ABSTRACT
Of course hops deliver beautiful flavours into beer. But once in a while something not so appealing is detected as well. These US researchers identified 1,3-pentadiene in commercial CO2 hop extract and hop pellets. The compound was initially thought to be a contaminant from either the process or packaging but has now been shown to be a naturally derived degradation product of hop acids. The researchers were also able to propose a plausible mechanism for its formation from alpha or beta hop acids that can be also transferred into beer. This substance is described as an fusel oil-like off flavor. However threshold values in beer are unknown so the impact on flavor yet has to be investigated.
Read more

Source: Barth Innovations

These Days in Business History

October 16
1922 Disney Co founded
1923 John Harwood patents self-winding watch (Switzerland)
1985 Intel introduces 32-bit 80386 microcomputer chip

October 17
1977 Mother Teresa of India, awarded Nobel Peace Prize
1987 Phillip Morris announces $11 Billion tender offer for Kraft
1929 Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young

October 18
1878 Edison makes electricity available for household usage
1972 American Congress authorizes bi-centennial quarter, half-dollar & dollar coin
1973 Nobel Prize for economy awarded to Wassily Leontief

October 19
1819 Joseph C Juglar is born, French physician/economist, Crises Commercial
1987 Wall Street takes its worst plunge of the modern era, as the Dow loses 508 points, or 22.6% (the worst daily loss on record), to close at 1738.74.
1988 Friedrich Weinreb, Polish/Neth theologist/economist, dies at 77


Agenda



News Articles


Brewery news Canada: Molson Coors volumes will not be hit by end of partnership with SABMiller
Global brewer Molson Coors Brewing Company operates in Canada through Molson Coors Canada; in the U.S. through MillerCoors; across Europe through Molson Coors Europe; and outside these core markets through Molson Coors International.

In Canada, the company distributed beer brands under license from Heineken N.V., which sells and brews beer worldwide, and SABMiller Plc, the world's second-largest brewing company and one of the world's largest bottlers of The Coca-Cola Company.

However, last week, Molson Coors Canada and Miller Brewing Company, a subsidiary of SABMiller, mutually decided to end their partnership. The litigation arose in Toronto, Canada over the sales of Miller’s beer brands in Canada, including Millers Genuine Draft, Miller Lite and Miller High Life. SABMiller will regain the rights to distribute Miller trademark brands in Canada, effective from Apr 1, 2015. Molson Coors will still distribute beers in the U.S. through MillerCoors, which is a joint venture of Molson Coors and SABMiller.

While Molson Coors Canada ended one partnership, it expanded its marketing partnership with Heineken N.V. in Canada in August. Under the expanded deal, Molson Coors Canada will distribute five additional above-premium brands of Heineken including Dos Equis, Sol, Tecate, Birra Moretti and Desperados in the country, starting Jan 2015.

Zacks ...More info on site


Brewery news USA & CA: New Holland Brewing Co. begins shipping beer to Canada
New Holland Brewing Co. announced that it was beginning shipments of its beer to Canada, mlive.com reported on October, 15.

“We're excited to launch in Ontario this month,” said New Holland Vice President Fred Bueltmann.

The brewery said shipments of The Poet Oatmeal Stout will be followed by its Hatter series beers later in the month. In November, shipments of Dragon’s Milk Bourbon Barrel Stout will begin hitting Ontario shelves.

The Craft Brand Company is importing the New Holland beers. The brewery plans several launch events this month in Toronto.

According to mid-year production estimates, New Holland is expected to produce 35,240 barrels of beer in 2014, compared to 25,575 barrels in 2013.

The brewery now sends beer to 20 states and Canada, and ships spirits to 15 states.


Brewery news USA, WI: The Brewing Projekt to open in Eau Claire in 2015
According to the Wisconsin Brewers Association there are more than 100 breweries in the state. That number will grow by one when a new brewery in Eau Claire will open early next year, wqow.com reported on October, 16.

"We originally had a location in the Phoenix Park area,” Will Glass said. “But then government shut down and our lease option ran out a week before we got government approval."

"There were a lot of days we weren't sure it was going to happen,” he said of the rocky journey.

The Brewing Projekt aims to produce bold unique beers not found in the area.

"We're not going to be doing the traditional pale ale, IPA's, stouts, and porters,” he said. “We're going to be doing some funny stuff. We're going to be brewing up some non-traditional styles, we're going to be going back in time and brewing some traditional styles that no one has done for a long time.”

Glass has started a kickstarter campaign to help cover initial operating expenses and reach out to beer drinkers for ideas on what to brew.

"We're going to do some test batches and those that contribute to the project will be invited to what we are calling ‘Projekt Parties' ...More info on site


Brewery news Canada, ON: Louis Cifer Brew Works opens in Toronto
Louis Cifer Brew Works, a large brewpub in Toronto’s east side Danforth neighbourhood, announced on October, 14 that it is now open.

Launched by co-owners Erin Gamelin and Craig Abbott – also owners of Stout Irish Pub – and head brewer Christine Nagy, plans for the 4,500-square-foot and 200+ capacity restaurant and brewery were first revealed back in August.

Currently in soft opening mode, Louis Cifer offers a drinks list that features several house beers – Lager, IPA, Dirty Blonde, Brown Ale and a lager-saison hybrid called Liaison – that are currently being brewed elsewhere under contract until construction of the on-site brewhouse is complete.



Brewery news USA, NC: Gibb's Hundred Brewing Co. opens in Greensboro
Gibb's Hundred Brewing Co. held a soft opening this week, news-record.com reported on October, 15. The brewery is operated by Mark and Sasha Gibb and will begin producing three brews starting with a pale ale. Additional brews are to come.

The brewery will also be tapping a special collaboration brew produced by breweries across the state to benefit the North Carolina Craft Brewers Guild.

Gibbs, and Natty Greene's Brewing Co., will each be tapping a limited keg of the N.C. Gose West brew.

Mark Gibbs of Gibb's Hundred Brewing announced that he is working with Triad-area breweries to produce a similar concept beer called Triad Collaboration Brew.

The beer is expected to be brewed in November. A timeline for tapping and other details are still being worked out.



Brewery news USA, OR & Washington D.C. & VA: Deschutes Brewery expands its distribution throughout D.C. and Northern Virginia
Continuing to build out a footprint on the eastern half of the country, Deschutes Brewery announced plans to expand distribution throughout Washington D.C. and northern Virginia early next month, brewbound.com reported on October, 16.

The brewery, headquartered out of Bend, Ore., has signed agreements with Premium Distributors — part of the Reyes Beverage Group — in both markets.

Deschutes, the country’s sixth largest craft brewer, will initially debut draft versions of its year-round offerings — Black Butte Porter, Mirror Pond Pale Ale, and Fresh Squeezed IPA — on November, 3. The brewery plans to gradually roll out packaged products and limited release offerings to D.C. and in the Arlington and Alexandria regions of Virginia over time.

“Our fans on the east coast have been anxious to get our beers for quite some time, so we’re happy to finally extend our reach their way,” said Stacy Denbow, Deschutes’ expansion manager.

With the addition of the new markets, Deschutes products will now be sold in 28 states, the Nation’s Capital, and a number of international markets.

Earlier this month, Deschutes found its way into Michigan with wholesaler partner West Side Beer Distributing. At the time of the announcement, Deschutes called the move the last “major” market expansion ...More info on site


Brewery news Canada, ON: Cannery Brewing to move and expand
Cannery Brewing will soon be leaving the Cannery Trade Centre where it has been located since opening in 2000, and relocating to a former car repair shop in downtown Penticton, Canadian Beer News reported on October, 10.

As co-owner Patt Dyck explains, various parts of the brewery’s operation are currently scattered throughout the Trade Centre, which contravenes B.C. Liquor Control and Licensing Branch regulations requiring everything to be in a single location.

Dyck goes on to say that while it’s unfortunate that the brewery has to leave its namesake original home, she is looking forward to the move, especially as it will provide more convenient access for customers to visit for retail sales and the tasting lounge.

No timeline has been announced for the move, but once it takes place, Dyck expects the brewery will “slowly and carefully” expand their staff.


Brewery news Canada, ON: New brewpub Abe Erb to open in Waterloo this autumn
A new brewpub – Abe Erb Brewery & Restaurant – is slated to open in uptown Waterloo this fall, momandhops.ca reported on October, 14.

The brewery is an effort between Waterloo residents Tony and Rob Theodosiou.

“It’s a brewery so we’re about fresh beer, and one of our taps is going to be tapped right into the brewery. So when you want to come in and grab the freshest beer you can probably get, you’re going to come to that one tap and pour beer right from that vessel that’s going to be hanging right above your head,” says Tony Theodosiou.


Brewery news Canada, ON: Black Swan Brewing launches in Stratford
Stratford is now home to one of the province’s newest small craft breweries, Canadian Beer News reported on October, 15.

Founded by local school teachers Bruce Pepper and Ryan Stokes, Stratford’s Black Swan Brewing made its official public debut late last week, when the first keg of Black Swan English Pale Ale was put on tap at Mercer Hall restaurant. An India Pale Ale and Porter are planned to follow soon.



Malt newsEU: EU malt industry well sold owing to improved beer sales and good export
The EU malt industry is well sold, except some inland maltsters in Germany and most industries in Southeast Europe, industry sources reported at the ...More info on site


Brewery newsWorld: Diageo reports drop in quarterly net sales
Diageo, the world’s biggest distiller, reflected the tough competition in its core whisky and vodka businesses by reporting a drop in quarterly net sales ...More info on site


Brewery newsAustralia: SABMiller’s lager volumes down 1% in Australia in Q2
According to SABMiller, the umbrella brand for brews including Foster’s, VB and Coors, lager volumes fell one percent in Australia in the second quarter.

SABMiller ...More info on site


Barley newsWorld: Analysts see situation of malting barley in the world as ‘explosive’
The situation of malting barley is explosive, industry observers believe.

Weather has spoiled large parts of the North American crop and is threatening the ...More info on site


Barley newsWorld: Grain and oilseed prices pushed to new lows in September
In September, world grain and oilseed prices were pushed to new lows unseen since quite a few years, industry analysts said in a report ...More info on site


Barley newsRussia: Grain exports may reach record high this year
Russian grain exports for 2014/15 may reach a record high of 32 million tonnes, according to forecasts by the socio-economic development of the Russian ...More info on site


Barley newsUK: Barley production up in lucrative year
UK farmers may have chosen a - relatively - lucrative year to ramp up barley production, with premiums for malting grain historically high, and ...More info on site


Brewery newsZimbabwe: Delta Corporation’s lager sales drop 25% in H1
SABMiller's Zimbabwean affiliate Delta Corporation reported a 25 percent drop in lager sales for the six months to September on October 13, as slower ...More info on site


Brewery news Australia: Craft beer sales up by 48% in 2011-2013
Australians are continuing to turn away from beer. Sales as a proportion of all alcohol sold decreased to 41 per cent last year, compared to 75 per cent in the early sixties, News.com. au reported on October 16.

While the big players may not yet be drowning their sorrows, with craft estimated to be only about 2.5 to 3 per cent of the total Australian beer market in volume terms, sales of the boutique variety, admittedly off a low base, grew by 48 per cent in 2011-2013.

The same trend has already been witnessed in the United States, where sales were up 17.2 per cent last year as total beer sales fell two per cent.

Joel Connolly, from Sydney Craft Beer Week, says the Australian industry is in its infancy compared to the US.

A decade ago, people didn't care so much about where their beer came from, Mr Connolly says.

"It had nothing to do with the flavour of the beer. Now people are starting to switch that up and they are starting to care about quality and flavour, and how it's produced."

"Overall people are drinking less beer.

"But craft is made in a much different way to regular beer. We're definitely seeing that while ...More info on site


Brewery news Hong Kong: Local craft beers finally starting to take off
Just two years ago if you asked your neighbourhood publican for a Hong Kong brew, they most likely would have shrugged and steered you towards an import instead. Or if they had scrounged up a locally produced beer, you would probably have wished they hadn't. How the times have changed. Hong Kong is a little late to the party, but local craft beers are starting to take off.

Not only are the city's mushrooming specialist pubs proudly serving a selection of made-in-Hong Kong beers, local craft operations are producing microbrews that can stand up to the hottest labels from the US and Europe.

The leader of the pack is arguably Hong Kong Beer Company, which is coming into its own under new ownership.

Established in 1995 as the South China Brewing Company, it used to be known more for producing lacklustre brews. A name change in 2003 did nothing to improve its reputation until the brewery was sold this year to Devin Kimble and Daniel Flores, founders of Brewerkz Restaurant & Microbrewery in Singapore.

Under the pair's direction, the only thing that remained of the old company was its name. Everything else, from ingredients and equipment to labels, got an upgrade. They moved the ...More info on site


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