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E-Malt.com Newsletter 43b
October 22 - October 25, 2015
Quote of the Week
Anyone can drink beer, but it takes an intelligence to enjoy beer.
Stephen Beaumont
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Currency Rates
Base Currency: US Dollar
on October 30, 2015 |
Base Currency: Canadian Dollar
on October 30, 2015 |
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1 USD = nq EUR
1 USD = nq GBP
1 USD = nq CAD
1 USD = nq AUD
1 USD = nq JPY
1 USD = nq BRL
1 USD = 64.1686 RUB
1 USD = nq CNY
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1 CAD = nq USD
1 CAD = nq GBP
1 CAD = nq EUR
1 CAD = nq AUD
1 CAD = nq JPY
1 CAD = nq BRL
1 CAD = nq RUB
1 CAD = nq CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley production forecast to increase by 7% to 7.61 mln tonnes in 2015/16
...Click here
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Canada, ON: Descendants Beer & Beverage decides to open in Kitchener
...Click here
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USA, NJ: Tuckahoe Brewing Co. opens new and larger facility
...Click here
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Canada, ON: Dawson Trail Craft Brewery awaiting Thunder Bay council approval to open
...Click here
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USA, GA: Jailhouse Brewing optimistic about locating in McDonough
...Click here
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USA: Anheuser-Busch InBev to compensate drinkers who thought locally brewed Beck’s was a German import
...Click here
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Canada, PE: Moth Lane Brewing planned in the western end of Prince Edward Island
...Click here
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USA, PA: New brewpub almost ready for opening in Elizabethtown
...Click here
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Canada & Mexico: Pacific Western Brewing loses trademark battle against Cerveceria del Pacifico
...Click here
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Japan: Suntory Holdings considers IPO to help it keep pace with consolidating global industry
...Click here
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World: Boss of Diageo Northern Ireland says AB InBev-SABMiller merger is a concern to the industry
...Click here
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World: Malting barley supplies smaller than previously estimated
...Click here
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Belgium: InBev Belgium to invest 5.7 mln euros in increasing capacity at its Hoegaarden brewery
...Click here
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Australia: Private barley crop forecasts of up to 9 mln tons now made more cautious by change towards dryer and warmer weather
...Click here
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Ukraine: Ukraine’s barley shipments during the first three months of the new season smaller than last year
...Click here
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The Philippines: Credit watcher Philippine Rating Services Corp. maintains guidance on San Miguel Brewery’s outstanding P37.81 billion bonds
...Click here
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Namibia: Namibia Breweries Limited launches King Lager brewed from home-grown barley
...Click here
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Graph of the Week
Table of the Week
Germany Hop Production 2013-2015s
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
Let the yeast control the hop flavour
ABSTRACT
When we think of yeast and hop aroma, we first
think about the biotransformation reactions
that take place, where the contribution to flavor
is still debatable. Yeast can also be seen as a biosorbant for selective adsorption of hop
aroma components. In this context non-viable
brewing yeast was used successfully by these
Japanese researchers. This application could be
used to add hop flavours into alcohol free beers
or for identifying hop aroma compounds in
beer.
Read more
Source: Barth Innovations
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These Days in Business History
22 October
1897 - World's 1st car dealer opens in London
1979 - Walt Disney World's 100-millionth guest
1997 - Yahoo completes purchase of Four11
23 October
1814 - 1st plastic surgery is performed (England)
1824 - 1st steam locomotive is introduced
1989 - Bankruptcy of Wärtsilä Marine; the biggest bankruptcy in the nordic countries until then
24 October
1836 - A. Phillips patents the match
1857 - World's 1st football club, Sheffield FC, founded in England
2008 - – "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices
25 October
1492 - Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 - Tappan sells 1st microwave oven
1960 - 1st electronic wrist watch placed on sale, New York City
Agenda
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
February 2016:
05-07: Alltech Craft Brews & Food Fair 2016 (Dublin, Ireland)
06-07: Bruges Beer Festival 2016 (Bruges, Belgium)
17-20: Camra's National Winter Ales Festival 2016 (Derby, UK)
19-21: Mondial de la Biere 2016 (Mulhouse, France)
20-23: Beer Attraction 2016 (Rimini, Italy)
March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (UK)
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
August 2016:
09-13: The Great British Beer Festival 2016 (London, UK)
13-17: World Brewing Congress 2016 (Denver, USA)
More events are available on site www.e-malt.com
News Articles
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Canada: Barley production forecast to increase by 7% to 7.61 mln tonnes in 2015/16
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For 2015-16, Canada’s barley production is forecast to increase by 7% to 7.61 million tonnes (Mt), due to a recovery in area harvested, Agriculture
...More info on site
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Canada, ON: Descendants Beer & Beverage decides to open in Kitchener
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Descendants Beer & Beverage Co. has announced that plans to open its brewing facility in a historic mill site have been set aside in favour of a less picturesque but more suitable location, CBN reported on October 16.
Launched in early 2014 by partners Robin Molloy and C. Lee Brooks as a contract brewing operation, Descendants had intended to open a brewery at the Wellesley Mill in the small village of Wellesley, but that proved to be more difficult than expected.
“We still love the mill,” says Molloy, “but there were many challenges with the building. In the end we decided it would be best to launch our business in our hometown of Kitchener.”
Descendants will now located at 319 Victoria St. N. in Kitchener, in a facility that will include at 15 hectolitre brewhouse, tasting room and retail store. Construction will be underway soon, with an aim to have the brewery up and running by early 2016.
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USA, NJ: Tuckahoe Brewing Co. opens new and larger facility
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A South Jersey beer maker opened in a new 10,000-square-foot facility that allows the brewery to quadruple its production, according to a report from the Press of Atlantic City.
Tuckahoe Brewing Co., which previously operated out of an Ocean View, New Jersey location, moved into a new space at English Creek and Reega avenues in Egg Harbor Township in September, according to the company's Facebook page.
Operated by three South Jersey school teachers and coaches, Tuckahoe's relocation allows the brewery to boost production, the Press of AC said.
Tuckahoe Brewing Co.’s new facility houses a 15-barrel system with an annual capacity of 2,000 barrels. At the old site, it brewed about 500 barrels. Partner Stu Stromfeld said the growth will allow the business to sell its beer in more regions.
Tuckahoe regularly offers at least eight different beers, including its flagship brew – the Dennis Creek Pale Ale, according to the company website.
At least one other area brewery is in expansion mode.
Dogfish Head Brewpub is set to renovate its location in Rehoboth Beach, Delaware, adding about 1,500 feet to the building's footprint.
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Canada, ON: Dawson Trail Craft Brewery awaiting Thunder Bay council approval to open
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CBC News reports that a new brewery is getting set to open late this year in Thunder Bay.
Dawson Trail Craft Brewery is being launched by friends and fellow homebrewers George Renner and John Kivinen who have completed installation of a brewhouse at 905 Copper Crescent, and are intending to open in December with a few flagship brands as well as a rotation of seasonals.
The duo is awaiting approval from city council to open an on-site tasting room, and will be offering growlers for take-home sales.
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USA, GA: Jailhouse Brewing optimistic about locating in McDonough
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With plans for expanding its growing business, Jailhouse Brewing Co. is optimistic about its intent to locate in McDonough, Henry Herald reported on October 22.
“We are very excited to come to McDonough and make this work,” said owner Glenn Golden.
The six-year-old brewery operates from an old jailhouse in downtown Hampton, but Golden said the company has been unsuccessful at finding adequate and affordable space for expansion there.
For more than two years, Hampton officials say that they have been trying to work to accommodate Jailhouse’s needs.
“They are very much an asset to Hampton,” said Mayor Pro Tem Mary Ann Mitcham. “It’s a destination. In a little town like Hampton, we depend on destination.”
Though Golden said he would have preferred to expand in Hampton, the city wanted more money for a prospective property than they were willing to pay. The company was interested in the old public works building on Tom Eason Drive.
“We tried to figure out ways to stay in Hampton,” he said. “We have been partial to Hampton. We couldn’t get a deal with the city. They want more money for the property than we’re looking to pay.”
Mitcham said that the company wanted to pay less than the fair market
...More info on site
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USA: Anheuser-Busch InBev to compensate drinkers who thought locally brewed Beck’s was a German import
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Plaintiffs’ lawyers say a class-action settlement involving Beck’s beer will provide considerable benefits to consumers who were allegedly tricked into believing the St. Louis-brewed beer was a German import, The Wall Street Journal reported on October 22.
In court papers, lawyers representing the plaintiffs who sued Anheuser-Busch InBev said the settlement approved by a judge on October 20 “confers over $20 million in cash benefits” to class members.
Lawyers for both sides, though, don’t expect the actual payout to class members to approach anywhere near that dollar figure.
The way the $20 million was calculated isn’t out of the ordinary in these types of cases. Judges and plaintiffs often rely on estimates of maximum value when assessing the fairness of a settlement and the requested attorneys’ fees.
But the method has attracted criticism, including recently from a prominent federal appeals court judge who said the calculations used by the plaintiffs’ attorneys in another class action led to a “scandalous” attorneys’ fee award.
Anheuser-Busch agreed to give Beck’s drinkers 10 cents back for every individual bottle purchased; 50 cents for a six-pack or $1.75 per 20-pack. Consumers who back up their claims with receipts can get refunds up to $50 a household. Claims without receipts are
...More info on site
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Canada, PE: Moth Lane Brewing planned in the western end of Prince Edward Island
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The Maritime Beer Report notes that a new brewery is set to open next year in Ellerslie, a small municipality in the western end of Prince Edward Island.
Moth Lane Brewing recently received a C$25,000 grant from Innovation P.E.I. The money is set to go towards a 7 barrel brewing system that is to be installed next March, with beer to planned follow by the summer.
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USA, PA: New brewpub almost ready for opening in Elizabethtown
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Craft beer lovers in Elizabethtown will soon have another reason to raise a pint: a new taproom is set to open downtown in the former Elizabethtown Hotel building at 28 S. Market St., Lancaster Online reported on October 21.
Funk Brewing Elizabethtown will be next door to the Pita Pit, which occupies one side of a building that had long been vacant.
With renovations going on now in the rented space, plans call for opening the brewpub in early November, in time for Elizabethtown's Second Friday event, said proprietor Jon "Norm" Norman.
Norman and his brother-in-law Kyle Funk are partners in the Funk Brewing Co. of Emmaus, which began brewing and selling craft beer in 2014. The Lehigh Valley business wholesales 150 to 200 kegs a month, with beer sold in the Lancaster and Harrisburg areas.
Norman, an Elizabethtown resident, said he saw a business opportunity in his own town that would work well with his day job at a car rental company.
"The main street in E-town is so cool and there's so many people who want to support it," said Norman. "I think businesses just need to get in here and … get the people down here."
And with brewing businesses already in town,
...More info on site
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Canada & Mexico: Pacific Western Brewing loses trademark battle against Cerveceria del Pacifico
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A Federal Court of Canada judge has thrown out a Pacific Western Brewing Co. Ltd. bid to expunge a Mexican brewer's trademark for a line of beer with a similar name, Prince George Citizen reported on October 21.
PWB had argued the name Cerveceria del Pacifico was confusingly similar to PWB's various trademarks which were in use prior to the first use of the mark by Cerveceria, but in a judgment issued in September, Justice Luc Martineau found otherwise.
Martineau said the first impression given by the label Cerveceria uses for its Pacifico brand "is of its obviously foreign origin" and that it's "highly stylized, with many distinctive design elements, including strong and contrasting colours and font in red, gold, blue, green and yellow."
He further said the label "differs visually, phonetically, and semantically" from all of the marks PWB uses for its Pacific brands of beers.
"There is no resemblance in the design or colour elements. In short, the overall impression created by the mark is that of an imported beer originating from Mexico."
The ruling includes images of the labels in question.
Martineau also dismissed as without merit PWB's argument that contrary to a statement on the register, Cerveceria del Pacifico was not first
...More info on site
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Japan: Suntory Holdings considers IPO to help it keep pace with consolidating global industry
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The president of Suntory Holdings Ltd., Takeshi Niinami, said on October 22 that the beverage maker was considering an initial public offering as one
...More info on site
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World: Boss of Diageo Northern Ireland says AB InBev-SABMiller merger is a concern to the industry
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The boss of the Northern Ireland arm of drinks giant Diageo has said the imminent completion of the world's biggest beer deal is of
...More info on site
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World: Malting barley supplies smaller than previously estimated
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Malting barley supplies are less than the estimate of an EU surplus of 2.6 mln tons of last month, which was mainly based on
...More info on site
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Belgium: InBev Belgium to invest 5.7 mln euros in increasing capacity at its Hoegaarden brewery
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InBev Belgium is to invest 5.7 million euros in its Hoegaarden brewery this year, The Brussels Times reported on October 22.
The aim is to
...More info on site
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Australia: Private barley crop forecasts of up to 9 mln tons now made more cautious by change towards dryer and warmer weather
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Real weather has so far defied all El Nino forecasts for Australia, precipitation had been sufficient all winter and spring, H. M. Gauger GmbH
...More info on site
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Ukraine: Ukraine’s barley shipments during the first three months of the new season smaller than last year
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During the first three months of the new season Ukraine exported about 2.591 mln tonnes of barley. This is 14% less than during the same time last year, UkrAgroConsult reported on October 22.
Saudi Arabia remained the major importer of Ukrainian barley. This country purchased 56% of the total exports of Ukrainian barley since the beginning of the current season.
During the same period, China already imported almost 100% more barley from Ukraine than during the whole last season.
Libya remained the third-largest importer of Ukrainian barley.
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The Philippines: Credit watcher Philippine Rating Services Corp. maintains guidance on San Miguel Brewery’s outstanding P37.81 billion bonds
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Philippines’ credit watcher Philippine Rating Services Corp. has retained its sterling credit rating on the outstanding P37.81 billion bonds issued by San Miguel Brewery Inc, philstar.com reported on October 23.
Obligations rated triple A or “PRS Aaa,” the highest rating assigned by PhilRatings, are deemed of the highest quality with minimal credit risk. This means the issuer’s capacity to meet its financial commitment on the obligation is extremely strong.
In a statement, PhilRatings said the rating reflected SMB’s sustained track record of generating a significant amount of cash from operations, sustained financial flexibility and adequate capitalization, and strong market position domestically.
PhilRatings also considered SMB’s experienced management and production team with technical support from its partner Kirin Holdings.
SMB, the country’s leading brewer, has six production facilities. It also operates one brewery each in Hong Kong, Indonesia, Vietnam and Thailand and two breweries in China. It produces a lineup of well-known brands, which include: San Miguel Pale Pilsen, Red Horse Beer and San Mig Light.
Its newer products, such as San Mig Zero and San Miguel Flavored Beer have also been well-received by consumers, demonstrating the company’s ability to anticipate and respond well to trends in the market. These brands are brought to retail
...More info on site
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Namibia: Namibia Breweries Limited launches King Lager brewed from home-grown barley
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In support of government’s ‘Growth at Home’ strategy, Namibia Breweries Limited (NBL), which is a subsidiary of the Ohlthaver & List (O&L) Group, has added its latest innovation, King Lager, to the company’s portfolio of world-class beer brands, New Era reported on October 21.
King Lager is Namibia’s very first beer brand that contains home-grown barley. King Lager has been available in stores as from October 19.
In light of O&L’s purpose of ‘Creating a future, enhancing life’ for all Namibians, extensive trials have seen NBL over the past five years explore the establishment of a local barley industry. This proved Namibia’s potential to successfully produce barley, which led to the conclusion of a smart partnership recently signed with the Ministry of Agriculture, Water and Forestry, as well as AgriBusDev, to grow barley at the green schemes in Namibia as from next year.
“This initiative … will create a local barley supply chain in Namibia that benefits each member of the chain, as well as the government and the community as a whole resulting in the creation of many job opportunities, thereby contributing in boosting the country’s economy.
“For NBL it eventually just made sense that a new local brand be embarked on to
...More info on site
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