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E-Malt.com Newsletter 24a
June 12 - June 14, 2017
Quote of the Week
Beer has long been the prime lubricant in our social intercourse and the sacred throat-anointing fluid that accompanies the ritual of mateship. To sink a few cold ones with the blokes is both an escape and a confirmation of belonging.
Rennie Ellis
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Currency Rates
Base Currency: US Dollar
on June 14, 2017 |
Base Currency: Canadian Dollar
on June 14, 2017 |
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1 USD = 0.8926 EUR
1 USD = 0.7873 GBP
1 USD = 1.3268 CAD
1 USD = 1.3253 AUD
1 USD = 110.0300 JPY
1 USD = 3.3144 BRL
1 USD = 56.9096 RUB
1 USD = 6.7976 CNY
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1 CAD = 0.7536 USD
1 CAD = 6.7976 GBP
1 CAD = 0.6726 EUR
1 CAD = 0.9987 AUD
1 CAD = 82.9100 JPY
1 CAD = 2.4977 BRL
1 CAD = 42.8852 RUB
1 CAD = 5.1226 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada, ON: Three new breweries set to open in Whitby
...Click here
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USA, VA: Strangeways Brewing to open its Fredericksburg location on June 23
...Click here
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USA, MI: Thornapple Brewing Co. already open to the public in Grand Rapids
...Click here
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USA, MN: Pryes Brewing to open own facility in North Minneapolis
...Click here
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USA, SC: Columbia Craft Brewing Co. getting ready to join Columbia’s booming brewery scene
...Click here
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USA, WI: Working Draft Beer Co. submits application for a conditional use permit
...Click here
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Canada, ON: Goose Island Toronto Brewhouse scheduled to open on July 17
...Click here
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EU: Malt exports total 2.08 mln tonnes in July – May 2016/17
...Click here
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EU: Barley exports in July-May 2016/17 50% less than last year
...Click here
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World: Gain stocks remain burdensome but this year’s consumption is expected to surpass production
...Click here
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France: Winter barley output forecast at 9.34 mln tonnes this year
...Click here
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Russia: Spring barley sowing area may be reduced to the lowest level in many decades
...Click here
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Australia: Australia selling out its barley stocks at record rates
...Click here
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UK: Regulators warn Heineken over merger plans with Punch Taverns
...Click here
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Graph of the Week
Table of the Week
EU Malt Export and Import
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
MORE SPECIFICS WHY HOPS ARE GOOD
TO INCREASE FLAVOUR STABILITY
ABSTRACT
German brewing scientists have already been
looking into this for a couple of years. The ability
of hop constituents to suppress the formation of
3-methylbutanal and 2-furfural in wort-like model
systems containing maltose, leucine, and Fe2+ was
investigated. The functional principle by which
hop alpha-acids and beta-acids diminish the formation of
3-methylbutanal and 2-furfural may be ascribed to their
unique molecular structure and chemical properties.
This allows them to perturb oxidative or nonoxidative
formation of aldehydes. Findings from this study indicate that antioxidative potential may be
explained through, but not necessarily limited to,
two mechanisms. First, because of the hop alpha-acids'
complexation functionality towards transition metal
ions such as iron and copper, they can block or
attenuate oxidative pathways of the Maillard reaction
and suppress the generation of reactive oxygen
species, thereby preventing oxidative degradation
of leucine to 3-methylbutanal. Second, once
hydroxyl radicals are formed, they can act directly as
antioxidants and suppressing free radical reactions with
leucine again, which can yield its corresponding
aldehyde. Other aldehydes may show the same
behavior and response to the presence to hop alpha-acids.
Wietstock, P., et al: Hop Constituents Suppress the Formation of 3-Methylbutanal and
2-Furfural in Wort-Like Model Solutions
Read more
Source: Barth Innovations
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These Days in Business History
12 June
1849 - Gas mask patented by Lewis Haslett, Louisville, Kentucky
1928 - After more than 130 years of trading, the New York Stock Exchange finally has its first day on which more than 5 million shares trade hands, as total daily volume hits 5,252,425 shares
1972 - The fast food restaurant chain Popeyes is founded in Arabi, Louisiana
1991 - Microsoft releases MS DOS 5.0
1994 - The Boeing 777, the world's largest twinjet, makes its first flight
13 June
1933 - Financial and Economy World conference opens, 66 countries
1934 - Black-McKeller Bill passes causes Bill Boeing empire to break up into Boeing United Aircraft
[Technologies] and United Air Lines
1975 - 1st oil pumped from North Sea oilfield
14 June
1755 - 1e edition of Dr. Johnsons "Dictionary"
1789 - Whiskey distilled from maize is first produced by American clergyman the Rev Elijah Craig. It is named Bourbon because Rev Craig lived in Bourbon County, Kentucky
1846 - Belgian Liberal Party forms
1946 - Canadian Library Association established
1951 - 1st commercial computer, UNIVAC 1, enters service at Census Bureau
Agenda
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:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
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, ON: Three new breweries set to open in Whitby
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Beer enthusiasts will have lots of flavours to choose from with three new breweries set to open in Whitby this summer, durhamregion.com reported on June 12.
Town Brewery is building a 5,000-square-foot brewery and tap room at 1632 Charles St., and construction is also underway for the launch of Little Beasts Brewing Company at 2075 Forbes St.
Whitby currently has two breweries: 5 Paddles Brewing Company at 1390 Hopkins St. Unit 3, and Brock Street Brewing Company at 1501 Hopkins St., Unit 3, with a second location (featuring a brewery, restaurant and banquet facility) opening soon at 244 Brock St. S. in the downtown.
“Our aim is to create a brewery that we are proud of; one that operates on the same values and beliefs that we collectively hold dear: quality, consistency and community,” said Jeff Talmey, general manager and co-founder of Town Brewery.
“We’re excited to establish ourselves in Port Whitby, and develop innovative beers that continue to satisfy the ever-evolving palates of beer drinkers in Ontario.”
The brewing team, headed by Mike Sundell and Tim Ferriman (formerly of Great Lakes Brewery) are currently working through pilot batches of American-style ales and mixed-fermentation farmhouse ales and sours. They’ll be running a Pilot Batch Sampling
...More info on site
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USA, VA: Strangeways Brewing to open its Fredericksburg location on June 23
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Strangeways Brewing will open its Fredericksburg location at 350 Lansdowne Road on June 23, Fredericksburg.com reported on June 9.
And through that Sunday the brewery will celebrate its grand opening weekend with a new beer release each day, food trucks, outdoor games, music and more.
After months of renovating the former Burton’s Menswear warehouse space, Strangeways Brewing will open its 10,000-square-foot tasting room and brewery, representing a $2.5 million investment.
According to a news release, the renovated property now includes a state of the art 10-barrel brewing system, a 100-foot U-shaped bar, a private lounge, an arcade, private event space, a newly constructed patio with 30-foot outside bar and “plenty of strange decor not to be missed.”
This is the second location for Strangeways Brewing, which opened in Henrico County in 2013. The Richmond-based brewery will continue to produce beers on the 20-barrel system and operate its tasting room.
Fredericksburg is Strageways founder and owner Neil Burton’s hometown.
“We are beyond thrilled to be bringing what we think is a truly unique tasting room experience to the Fredericksburg community,” Burton said. “The craft beer scene has been exploding in this market, and we are excited to help support that growth. With the addition of Matty Eck,
...More info on site
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USA, MI: Thornapple Brewing Co. already open to the public in Grand Rapids
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A pair of long-time homebrewers has opened a brewery in Grand Rapids, grbj.com reported on June 12.
Thornapple Brewing Co. in Grand Rapids, at 6262 28th St. SE, opened to the public on June 10.
Co-owners Jeff Coffey and Eric Fouch began serving their beer, hard cider, pizza, appetizers and desserts in the 3,300-square-foot brewery and taproom.
“This brewery reflects each of our personalities and our mutual excitement for brewing,” Fouch said. “We have spent most of our lives making potent potables, and now it's time to share our craft with the community.”
A variety of beers are on tap, including Brown Eyed Girl brown ale, Double Eye double IPA, Hoppy Saison, Spicy Saison and Am Stout.
Initially, Thornapple Brewing Co.'s hours will be from 4-11 p.m., Wednesday-Friday and 11 a.m. to midnight on Saturdays.
Next month, the company plans to expand its hours to Monday-Saturday, and in the future, it expects to be open on Sundays.
Coffey and Fouch have nearly 50 years of combined brewing experience, including international awards under their belts.
The pair met at the Steelcase Test Lab in the 1990s, with Coffey an engineer by trade and Fouch a chemist and biologist.
“We simply want to enjoy our passion with those who will
...More info on site
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USA, MN: Pryes Brewing to open own facility in North Minneapolis
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A brewery on the North Minneapolis riverfront will open on June 17, Minneapolis / St. Paul Business Journal reported.
Pryes Brewing, which has been making its beer in the North Loop's Inbound BrewCo, is opening in its own space at 1401 W. River Road N. The brewery is leasing space in Riverside Plaza, an industrial complex. It will have a patio facing the Mississippi River and bike trails.
In addition to beer, the Pryes owners built a kitchen in the facility, reports The Journal. Twin Cities restaurants will take turns cooking from the kitchen.
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USA, SC: Columbia Craft Brewing Co. getting ready to join Columbia’s booming brewery scene
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There’s a new brewery landing in the Vista, The State reported on June 12.
Columbia Craft Brewing Co. is renovating a long-empty warehouse on Greene Street between Gadsden and Assembly streets.
The 5,200-square-foot warehouse is in the heart of the University of South Carolina’s growing Innovation District.
“We looked at a number of locations around town and on the edge of town, but decided we wanted to get close to downtown,” said Richard Strauss, a retired CPA whose family now invests in and manages vacation properties in Gatlinburg and Pigeon Forge, Tenn. “We’re on the edge of the university and (student) housing in this mixed use urban district. It was about being centrally located.”
Columbia Craft is the most recent in Columbia’s booming brewery scene. It will join River Rat, Conquest, Swamp Cabbage and Twisted Spur.
In addition, Hunter-Gatherer Brewery and Ale House owner Kevin Varner plans to open a brewery in the historic Curtiss-Wright Hangar at Jim Hamilton-L.B Owens Airport near Rosewood Drive.
Strauss and his sons Andrew and Justin are installing a 15-barrel brew house capable of turning out about 1,500 barrels a year. They have contracted with head brewer Shaun Piggott of that Tampa Bay area in Florida.
The Strausses plan to brew
...More info on site
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USA, WI: Working Draft Beer Co. submits application for a conditional use permit
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After 10 years of home-brewing and two years of business planning, Ryan Browne is ever closer to opening his own brewery on the Near East Side in Madison, WI, Madison.com reported on June 9.
Browne submitted an application for a conditional use permit for his new brewery called Working Draft Beer Co., which Browne said would brew its own beer and partner with local breweries to fill tap space until Working Draft can produce its own wide array of beer styles.
The principal owners will be Browne, Wine and Hop Shop owner Ben Feifarek, Jonny Hunter and Mel Trudeau from Underground Food Collective and J Bowen, who earned an MBA from Northwestern University.
Feifarek and Browne will both be coming from the Wine and Hop Shop, which has long sold home-brewing and wine-making equipment on Monroe Street. Browne is Wine and Hop Shop’s manager and class instructor.
Feifarek and Browne would brew Working Draft’s beers, but Browne said the brewery also plans on hiring a professional brewer.
Its location would be 1133 E. Wilson St., currently home to RP’s Pasta Co. Browne’s lease, which begins in July, is for the back third of the building. Underground Food Collective will lease the street-facing two-thirds when RP’s
...More info on site
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Canada, ON: Goose Island Toronto Brewhouse scheduled to open on July 17
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More than a year after it was first rumoured, Goose Island Brewery – a subsidiary of Anheuser-Busch InBev – has confirmed that the first Canadian location of its Goose Island Brewhouse chain will be opening in Toronto next month, Canadian Beer News reported on June 6.
Goose Island Toronto Brewhouse will be opening on July 17th at 58 The Esplanade, where it will be co-located with Bier Markt Esplanade which has been closed for renovations since last autumn.
Head Brewer Bernard Priest and Assistant Brewer Marc Mammoliti will be producing batches of classic Goose Island brands alongside their own creations, all of which will be rotated through the bar’s 12 taps, along with occasional rarities from Goose Island’s original Chicago location. The food menu developed by Bier Markt Executive Chef Kevin Maniaci and Chef de Cuisine Shawn Jackson with change seasonally to use fresh and local ingredients, with dishes designed to pair well with the beers on tap.
In addition to the bar and dining room, the new Goose Island will feature a retail store selling growlers of beer to go and branded merchandise, as well as a front patio and a rear Biergarten.
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EU: Malt exports total 2.08 mln tonnes in July – May 2016/17
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EU malt exports in 1 July 2016 - 30 May 2017 were 2.08 mln tonnes, 13% less than last year and 4.7% less than
...More info on site
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EU: Barley exports in July-May 2016/17 50% less than last year
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EU barley exports over the period 1July 2016 – 30 May 2017 were 4.95 mln tonnes, 50% less than last year, H. M. Gauger
...More info on site
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World: Gain stocks remain burdensome but this year’s consumption is expected to surpass production
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World grain stocks remain burdensome and market prices under pressure. However, this year’s consumption will surpass production, leading to smaller end stocks by summer
...More info on site
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France: Winter barley output forecast at 9.34 mln tonnes this year
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France's agriculture ministry issued its first forecast for French output of winter barley, seeing production of 9.34 mln tonnes this year - a rise
...More info on site
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Russia: Spring barley sowing area may be reduced to the lowest level in many decades
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Russia may reduce the sowing area under spring barley to the lowest level in many decades as farmers are switching to more profitable maize
...More info on site
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 World: Hop acreage up 5.4% this year
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A number of countries are again expanding hop acreage in 2017, the Barth-Haas Group reported on June 14.
This year, global hop acreage is
...More info on site
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Australia: Australia selling out its barley stocks at record rates
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Australia may soon have to hang “sold out” signs on canola and barley, with a strong exports over the past nine months whittling away
...More info on site
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UK: Regulators warn Heineken over merger plans with Punch Taverns
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Heineken have been warned by UK regulators over their potential merger plans with Punch Taverns, amid concern over maintaining competition in local areas, The Investment Observer reported on June 13.
The Competition and Markets Authority (CMA) said it have located 33 areas where pubs would affect levels of competition and hinder consumer choice following the deal.
Punch Taverns currently owns over 3,500 pub locations across the U.K, with Heineken set to acquire approximately 1,900 if these locations.
Heineken, which already owns 1,100 pubs across the UK, must submit plans to the CMA by 20 June or face further investigation.
Andrea Coscelli, CMA acting chief executive and a key figure in the case, said:
“We have listened very carefully to a range of concerns about this merger. The companies will own less than 10pc of all British pubs after any deal, but we are concerned about the loss of competition for pub goers in a number of local areas.”
The international brewer agreed back in January to a deal worth £403 million, alongside investment firm Patron Capital, which is contributing around £100 million of the agreed upon amount.
In response to the comments, managing director for Heineken UK, David Forde said the CMA’s findings exposed “only a small
...More info on site
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