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E-Malt.com Newsletter 01a
January 01 - January 04, 2017
Quote of the Week
Write it on your heart that every day is the best day in the year.
Ralph Waldo Emerson
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Currency Rates
Base Currency: US Dollar
on January 04, 2017 |
Base Currency: Canadian Dollar
on January 04, 2017 |
| |
1 USD = 0.9577 EUR
1 USD = 0.8142 GBP
1 USD = 1.3428 CAD
1 USD = 1.3856 AUD
1 USD = 117.6700 JPY
1 USD = 3.2730 BRL
1 USD = 60.6569 RUB
1 USD = 6.9525 CNY
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1 CAD = 0.7445 USD
1 CAD = 0.6062 GBP
1 CAD = 0.7131 EUR
1 CAD = 1.0316 AUD
1 CAD = 87.6100 JPY
1 CAD = 2.4369 BRL
1 CAD = 45.3768 RUB
1 CAD = 5.1764 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada, AB: Alberta’s craft beer boom expected to expand this year
...Click here
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USA, CT: Witch Doctor Brewing Company eyeing March opening in Southington
...Click here
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USA: Brewers push for new Great Plains barley cultivars
...Click here
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USA, VA: Devils Backbone Brewing expands after purchase by AB InBev
...Click here
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USA, MD: Checkerspot Brewing Co aims to open in South Baltimore late this summer
...Click here
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USA, VA: Smartmouth Brewing Co. planning second location in Virginia Beach
...Click here
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Canada, NB: Moosehead Breweries scraps plans to open small-batch brewery in Saint John
...Click here
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USA, MT: Bowser Brewing Company may be forced to close
...Click here
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World: 2016 was the year of the largest take-over in the brewing industry’s history
...Click here
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EU: Beer market expected to grow at a steady rate in 2016-2020
...Click here
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China: Craft beer likely to continue gaining market share and enjoying remarkable performance in China - report
...Click here
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Brazil: Number of microbreweries up around 16% in 2016
...Click here
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India: Leading brewers to limit new product launches this year
...Click here
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Nigeria: Nigeria's sorghum industry at the brink of collapse as brewers increasingly prefer imported barley
...Click here
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Graph of the Week
Table of the Week
World Hop Alpha Supply and Demand
Barley Prices
Theoretical Malt Prices
Scientific Digest
WHO IS RUINING MY BEER FOAM?
ABSTRACT
It is an interesting observation that dry hopped
beers often have less stable beer foam. Why is this?
Comprehensive testing by a research team has found
that with dry hopping, the amount of iso-alpha acids
slightly decreases in the beer due to precipitation.
Increases in humulinones and alpha acids were
observed but both are rather foam positive so they
are likely not the cause. Beta acids are foam negative,
but due to low concentration in beer, they are also
not guilty. But two parameters were found to be of
importance: 1) Temperature - the foam stability is very
sensitive to temperature change, and 2) Hop lipids -
they are known to be gushing surpressing, so it is no
surprise they are foam negative. Problems with foam
stability? Contact Barth-Haas to discuss!
Maye, JP.: Dry hoppings effect on beer foam
Read more
Source: Barth Innovations
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These Days in Business History
01 January
1785 - "Daily Universal Register" (Times of London) publishes 1st issue
1842 - 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 - 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1994 - The North American Free Trade Agreement comes into effect
1995 - The World Trade Organization goes into effect
2015 - The Eurasian Economic Union comes into effect, creating a political and economic union between Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan
02 January
1882 - Because of anti-monopoly laws, Standard Oil is organized as a trust
1905 - Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey
1980 - With inflation raging, gold hits a record price of $850 per ounce
1986 - 191.66 million shares traded in New York Stock Exchange
2013 - Barack Obama signs the American Taxpayer Relief Act of 2012, intended to prevent the "fiscal cliff"
03 January
1911 - US postal savings bank inaugurated
1977 - Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1980 - Gold hits record $634 an ounce
2015 - 1st electric watch introduced, Lancaster PA
04 January
1960 - European Free Trade Association forms in Stockholm
1962 - 1st automated (unmanned) subway train (New York City NY)
2001 - Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever
Agenda
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)
27-02 March: VLB Seminar for Brewers in Russia (Moscow, Russia)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
06-08: 104th Brewing and Engineering Conference (Munich, Germany)
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
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:
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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Canada, AB: Alberta’s craft beer boom expected to expand this year
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If your taste in beer has progressed from a commercial lager like Molson Canadian to a hoppier craft brew like Alley Kat's Full Moon, you're going to like what Alberta entrepreneurs have in store for 2017, CBC.ca reported on January 3.
The Alberta beer boom is expected to expand throughout the year with an estimated 20 brew pubs or breweries opening in the province.
"It's becoming part of the Alberta identity," said Terry Rock, executive director of the Alberta Small Brewers Association.
The number of craft breweries in Alberta has more than doubled in two years, expanding from 18 in 2014 to nearly 50 in 2016. The boom began after the government changed the law in 2013 to lower the amount of beer a brewery is required to produce. Industry experts believe this helped pave the way for smaller micro-breweries.
"This economy in Alberta has unleashed a wave of entrepreneurship," Rock suggested. "People are looking for places to invest that are growing and this is a category that's growing and so it's attracting investment."
The trend has spilled into rural Alberta, with breweries like Ribstone Creek in Edgerton, Blindman in Lacombe and Fat Unicorn in Plamondon setting up shop.
"Local beer is good beer because
...More info on site
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USA, CT: Witch Doctor Brewing Company eyeing March opening in Southington
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Witch Doctor Brewing Company is planning to open early this year in Factory Square, Southington, offering a wide array of different beer flavors and styles, the Bristol Press reported on January 2.
The Southington Chamber of Commerce affiliated brewery will open at the Factory Square building at 168 Center St. in February or March, according to Josh Norris, who co-owns the business with Daryl Adamaitis.
They acquired the 5,500-square-foot space a year-and-a-half ago and have since been renovating it — building furniture, the bar and a stage from reclaimed wood.
“We’re going for a sort of ‘rustic meets modern’ atmosphere,” he said.
When complete, it will be able to seat 60 people and will have a capacity of 204. In addition, Witch Doctor Brewing Company plans to have local food trucks catering twice a week, to display the works of local artists and to house acoustic music performances.
Norris has been brewing for 10 years and Adamaitis ran City Steam Brewery for five years. Norris said they are very excited to open and let people have a taste of their craft beers.
“I got into brewing because I was looking for a good beer that I could afford when I was living in Doughton, Ohio,” said
...More info on site
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USA: Brewers push for new Great Plains barley cultivars
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The craft beer boom continues its popularity push. According to 2015 data, even though overall beer sales declined slightly (-0.2%), craft beer saw 12.8% gains and now accounts for more than 12% of all U.S. beer sales, AgWeb reported on January 3.
Malting barley is a critical component of any craft beer, but this grain crop hasn’t seen the same robust growth in recent years. The American Malting Barley Association reports that acres have been down or flat for the entire 21st century, hovering at less than 4 million total acres.
“Barley is facing stiff competition from corn, soybeans, canola, wheat, and other crops that are receiving substantial private sector investment, including GM variety development, and that have more favorable federal farm program provisions,” according to the group’s annual report.
But AMBA and other groups have pumped hundreds of thousands of dollars toward barley improvement research and successfully lobbied Congress and USDA for millions more in funding. One of the more recent research stories comes by way of the Brewers Association, which has awarded four regional barley breeders and geneticists with a grant aimed at developing winter malting barley varieties specifically adapted to the Great Plains region.
This effort could develop a new region
...More info on site
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USA, VA: Devils Backbone Brewing expands after purchase by AB InBev
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Devils Backbone Brewing Co., headquartered in Nelson County, made national news in April when it announced its acquisition by beer giant Anheuser-Busch, the Daily Progress reported on December 31.
The response was immediate, with some craft beer aficionados praising the decision while others vowed to boycott the company’s products for “selling out.”
“They’ve certainly been the recipient of some unnecessary hate,” said Mary Wolf, owner of Wild Wolf Brewing, another craft producer located along Virginia 151 in the Rockfish Valley. “Although, I understand why some people have that perception.”
Since the deal between Anheuser-Busch closed Sept. 1, Devils Backbone co-owner Steve Crandall said he has seen revenue increase slightly, up 18 percent to 20 percent over the same time last year.
In 2016, Devils Backbone produced about 75,000 barrels of beer. Next year, Crandall said, they expect to produce somewhere around 95,000 barrels.
The company also has increased its staff to 180 employees from 130, including a dozen brewers. Most hires were made before the acquisition, Crandall said.
The growth is part of an expansion that includes opening a $3 million Nelson County distillery and building additions to existing locations in Roseland and north of Lexington on U.S. 11.
“We have a partner now in this business
...More info on site
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USA, MD: Checkerspot Brewing Co aims to open in South Baltimore late this summer
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A new brewery is coming to South Baltimore near M&T Bank Stadium, the Baltimore Sun reported on January 4.
Wife and husband Judy and Rob Neff are partnering with Steve Marsh, formerly of Heavy Seas Beer, to open Checkerspot Brewing Co. The brewery aims to open to the public late this summer.
Judy Neff, who has a doctorate in microbiology, has homebrewed beer for the last 12 years and helped start the Baltimore Beer Babes club. She said she wanted to take her production to the next level.
"Once you get started with beer it sort of takes over," she said.
Judy Neff and Marsh, who started the cask program at Heavy Seas, will brew the beer, while Rob Neff will handle the business, sales and distribution. All three partners will be working at the brewery full time.
The trio started crafting the Checkerspot concept last May and recently signed a lease for a 10,000-square-foot space at 175 W. Ostend St., where they will begin building out the brewery in February. Judy Neff said she expects construction to run through June, with the space opening to the public in August.
Neff said they will look to produce a wide variety of beer styles with a
...More info on site
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USA, VA: Smartmouth Brewing Co. planning second location in Virginia Beach
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Smartmouth Brewing Co. is expanding into Virginia Beach, Virginian-Pilot reported on December 30.
The craft brewery founded by Porter Hardy IV opened its first location in the Chelsea neighborhood of Norfolk in 2012. The business will maintain its headquarters in Norfolk and continue to brew most of the beer for distribution to restaurants and stores from that location.
The second location will open this fall in the former U.S. Post Office building at 313 32nd St. Just three blocks from the Oceanfront, that building will be fully renovated to house the small batch brewery system. The more than 9,400-square-foot location also will include a private event space, a tasting room with a back patio and additional outdoor space.
“The Pilot House (the new location) will be our creative outlet,” Hardy said. “With a smaller, but still high-quality brewhouse, we can experiment more and make some niche beers.”
The new venue’s name is in recognition of the area’s nautical and aviation roots as well as the facility’s production of experimental and creative beers.
“When I saw the site, I was actually looking for something different, but I could just picture it as a really cool spot,” said Hardy, who has childhood memories of the location. “The
...More info on site
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Canada, NB: Moosehead Breweries scraps plans to open small-batch brewery in Saint John
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A small-batch brewery planned for the Saint John harbourfront and run by Moosehead Breweries will not be going ahead, the company says.
Karen Cousins, a spokesperson for Moosehead, cited budget shortfalls as the reason for the change of heart, CBC.ca reported on January 3.
"The overall project costs ended up being significantly higher than anticipated," Cousins said.
"Following a number of redesigns and compromises, final estimates still did not meet the company's cost expectations. The project team was concerned any unanticipated expenditures during site preparation and construction would push final costs above acceptable levels. This is what prompted the difficult decision to cancel this project."
Andrew OIand, Moosehead president and CEO, said in a news release that the company still wants to expand its small-batch brewing and will work on new plans.
"The intention of our proposed brewery was for Moosehead to expand its small-batch brewing capability and to have a place to show our passion for beer," said Oland, whose family has been in the brewing business for 150 years.
"That goal has not been lost and we will now take a few months to regroup and develop alternate plans."
Gerald Stack, the union president for Moosehead workers, believes the brewery is still looking
...More info on site
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USA, MT: Bowser Brewing Company may be forced to close
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Five years ago Bowser Brewing Company opened in Great Falls, but now may be forced to close, KRTV Great Falls News reported on December 31.
Owner Evan Bowser said he is currently in search of a new home for his business.
"This is all I have ever wanted to do. I take a lot of pride in my business. I love what I do and I love meeting people. It just kind of makes me sad that if you do have to close I won’t be able to do that anymore. To spend every day up here talking to the regulars and meeting people who come in," Bowser said.
The building they are leasing from went bankrupt.
Bowser said for the last three years the building - at 1826 10th Avenue South - has been in disrepair, and about nine months ago the ceiling started collapsing.
They have been forced to close different parts of the brewery due to the roof leaking and they have had issues with plumbing back up as well.
Bowser says they have asked the owner to fix the issues and about four months ago it went into bankruptcy.
Just last week Bowser received an e-mail from the bank's lawyer asking
...More info on site
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World: 2016 was the year of the largest take-over in the brewing industry’s history
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2016 was the year of the largest take-over in the brewing industry’s history. AB InBev acquired SABMiller and increased its world market share to
...More info on site
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EU: Beer market expected to grow at a steady rate in 2016-2020
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The beer market in Europe is anticipated to grow at a steady rate and will post a CAGR of more than 1% in 2016-2020,
...More info on site
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China: Craft beer likely to continue gaining market share and enjoying remarkable performance in China - report
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Riding on a trend towards premiumisation, craft beer, though still a very small market in China, is likely to continue gaining considerable share and should enjoy remarkable performance.
That is according to a new report by Rabobank into China’s craft beer market at a time when the traditional beer market has matured considerably and is now much more developed than in countries in Southeast Asia.
With annual consumption above the global average at 36 litres per capita, the beer market has witnessed a significant increase in both value and profitability, though much depends on regional differences. The well-developed eastern provinces consume much more beer than the emerging west, though it has reached a ceiling with stagnant volume growth.
Today, beer production in Beijing is lower than it was in 2006, whereas in Qinghai it is still growing and has risen by 180% over the last ten years, the Dutch agricultural bank found.
Following a global trend towards premiumisation, mainstream beer in China has gone through a difficult time over the past five years, while super-premium beer volumes have grown by 160% and now account for 4% of the volume and 18% of the profit pool.
As one of the segments in the super-premium category,
...More info on site
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Brazil: Number of microbreweries up around 16% in 2016
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Despite deep political and economic crisis in Brazil, the number of country’s microbreweries increased by around 16% in 2016, Diario da Regiao reported on
...More info on site
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India: Leading brewers to limit new product launches this year
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Product launches by India’s leading breweries will happen at a slower pace this year, tamped down by subdued discretionary spending and naturally longer lead-times in creating new products, Livemint reported on January 3.
Firms such as United Breweries Ltd (UB), Amrut Distilleries Ltd and Allied Blenders & Distillers Pvt. Ltd (ABD) have all lined up launches of some new brews and blends for 2017, a year when growth in the sector is expected to remain slow.
Beer maker UB launched a new alcoholic beverage, Kingfisher Buzz, early last year in berry and lychee flavours and plans to add variants this year. UB, which currently sells Buzz in cities such as Mumbai, Pune, Goa, Delhi, Bengaluru and Mysuru, also plans to take it to states such as Haryana and West Bengal.
“We’re looking at launching new flavours in Buzz and new (beer) brands over the year,” said Samar Singh Sheikhawat, the company’s senior vice-president, marketing.
Family-run Amrut Distilleries Ltd, known for its single-malt whiskies, plans to introduce two premium rums. The company already sells a pale rum called Two Indies and is planning to launch a dark rum this year under the same brand name, most likely in April.
“We have been distilling a rum from
...More info on site
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Nigeria: Nigeria's sorghum industry at the brink of collapse as brewers increasingly prefer imported barley
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This doesn’t appear to be the best of time for stakeholders in Nigeria’s sorghum industry, as lack of stability in government policy has pushed the sub-sector to the brink of collapse. Also, unjust import tariff system has not helped the situation, the Guardian reported on January 1.
The development has left local investors at the mercy of importers who bring in cheap barley malt, malt extract, glucose and maltose syrups to the detriment of locally made sorghum-based malt and extracts.
Managing Director, Food, Agro and Allied Industries Limited, Mr. Sudhansu Sinha, in an interview with reporters said the current waivers given to barley malt and barley concentrates imported into the country from Europe mean that thousands of workers in the farming, processing and storage segments of the sorghum value-chain could lose their jobs.
He explained that, “The decision by previous administrations, reversing ban on importation of barley malt with very low import duty and exemption from VAT and levy, has brought about a catastrophic reversal to the fate of investors and producers of sorghum malting and sorghum-based extract in Nigeria.”
According to Sinha, foreign exchange is wasted for a product for which locally grown replacement is abundantly available. “The malting plants closed down one
...More info on site
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