Hello. I've once made a blackstrap molasses liqurice "mead/sodapop" based on what thoose little black liqurice things(
http://en.wikipedia.org/wiki/Liquorice_(confectionery)) are made of.
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The recipe i've used for 2.5 gallon was:
~2lbs blackstrap molasses.
~2lbs honey(or sugar, the flavour will bee TOTALLY overpowered in this recipe anyway)
heaping teaspoons each of the spices: 4 fennel, 3 anis, 1 dried ginger.
Some wyeast ale yeast, then later added some lab culture.
started 21.05.2011 tasted it latest now(27.jan.2012)
Result: It is awful tasting, I can not even use it in cooking! The amount of blackstrap is a total overkill.
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I've used molasses on a couple other occations also. Usually just max a big tablespoon pr gallon. At the moment i've got a gallon of stout beer/(dark barley wine) going with about 150-200 g of blackstrap molasses in it(it's only about 7 days old and still fermenting so i have not tested it yet.).
I see gotmead refering to buckwheat honey as the blackstrap molasess of honey's.
Anyway some spices that might work with blackstrap molasess is:
coriander, anis, fennel, liqurice root, orange peel, lemon peel
and maybe Theses ones (coffe?,juniper?,star anis?,sassafras?).
In the book "sacred and herbal healing beers" by Stephen Buhner he refering(p.420) to molasses beer as: one of the primary "lower" class beers in Colonial america.
From my knowledge molasses is mostly fermented and distilled to make rum, probably a reson for it.
I've seen some stores sell cane sugar ale, but have never tested it.
I still have between 3-4 lbs of molasses that I dont know what to do with. I might make a hopped molasses beer out of it one day.