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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 Prices evolution
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 24b
June 15 - June 18, 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 16, 2017
Base Currency: Canadian Dollar
on June 16, 2017
      1 USD = 0.8942 EUR
1 USD = 0.7845 GBP
1 USD = 1.3260 CAD
1 USD = 1.3170 AUD
1 USD = 110.0200 JPY
1 USD = 3.2729 BRL
1 USD = 57.4437 RUB
1 USD = 6.8004 CNY
      1 CAD = 0.7540 USD
1 CAD = 0.5915 GBP
1 CAD = 0.6742 EUR
1 CAD = 0.9930 AUD
1 CAD = 82.9600 JPY
1 CAD = 2.4678 BRL
1 CAD = 43.4287 RUB
1 CAD = 5.1277 CNY

Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Barley news Canada: Barley use forecast to increase to 6.226 mln tonnes this year, exports expected to drop 2% ...Click here
Barley news USA & Japan: US barley farmers finding a growing high-value market in Japan ...Click here
Brewery news USA, FL: Descarga Brewing Company expected to come to North Miami in September ...Click here
Brewery news USA, MD: Hysteria Brewing Company plans to open brewery and taproom on July 1 ...Click here
Brewery news USA, PA: The Rusty Gold Brewing Co. launching in Canonsburg on June 15 ...Click here
Brewery news USA, NC: Innovation Brewing to add another brewery at the GSMR Dillsboro Depot Complex ...Click here
Brewery news USA, PA: Erie Brewing Co. moves to new 20,000-square-foot brewery and brew pub ...Click here
World News
Brewery news World: Germany and US report lower beer sales in January-April this year ...Click here
Barley news World: Barley prices forecast 'to soften' ...Click here
Barley news EU: New crop malting barley markets looking tight ...Click here
Barley news EU: Volatility back to malting barley markets ...Click here
Barley news Germany: Barley crop forecast lifted by 60,000 tonnes ...Click here
Barley news World: Crop conditions in Europe and Asia extremely variable during winter and spring ...Click here
Barley news Ukraine: Barley exports up 19% from last season ...Click here
Brewery news Cyprus: Beer consumption up 19.6% in May ...Click here
Graph of the Week

Table of the Week

EU Malt Export and Import

Table of the week.

Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


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

These Days in Business History

15 June
1762 - Austria uses 1st paper currency
1909 - 1st U.S. airplane sold commercially, by Glenn Curtiss for $5,000
1949 - Gas turbine-electric locomotive demonstrated, Erie Pa
1954 - UEFA (Union of European Football Associations) is formed in Basel, Switzerland

16 June
1903 - Pepsi Cola Company forms
1903 - Ford Motors incorporates
1911 - IBM founded as the Computing-Tabulating-Recording Company in Endicott, New York
1963 - 1st woman in space, aboard Vostok 6
1983 - European Space Agency launches European Comm Satellite 1, Oscar 10

17 June
1885 - Statue of Liberty arrived in New York City
1970 - Edwin Land patents Polaroid camera
1988 - Microsoft releases MS DOS 4.0

18 June
1840 - Samuel Morse patents his telegraph
1943 - Congress of Racial Equality (CORE) founded
1948 - .N. Commission on Human Rights adopts International Declaration of Human Rights
2009 - The Lunar Reconnaissance Orbiter (LRO), a NASA robotic spacecraft is launched


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

Barley newsCanada: Barley use forecast to increase to 6.226 mln tonnes this year, exports expected to drop 2%
For 2016-17, Canada’s total domestic barley use is forecast to increase to 6.226 mln tonnes from 6.169 mln in 2015-16 due to higher industrial ...More info on site

Barley news USA & Japan: US barley farmers finding a growing high-value market in Japan
Japanese diets may not match those of U.S. farmers, but the push for healthy foods in Japan is creating a small and growing high-value market for U.S. food barley, agroprofessional.com reported on June 16.

“With Japan’s health-conscious public, the country is an excellent market for high beta-glucan U.S. barley,” said Tommy Hamamoto, U.S. Grains Council (USGC) director in Japan. “Promoting barley as an alternative grain for the Japanese consumer has led to steadily increasing imports, increased consumer awareness and contracted sales.”

High beta-glucan barley has heart-healthy properties that may reduce cholesterol, lower the risk of heart disease and reduce glycemic index, according to U.S. research. These nutritional properties make U.S. varieties of food barley attractive for Japanese food producers who use the grain to produce shochu, a Japanese distilled liquor and beer, as well as tea and cereal.

U.S. food barley exports to Japan are worth twice the average price of feed barley, but the marketplace is very competitive. Most of the food barley consumed in the country is either grown locally or sourced from cheaper Australian supplies. The terms of the Trans-Pacific Partnership would have established an escalating tariff rate quota (TRQ) for food barley and malt in addition to eliminating the ...More info on site

Brewery news USA, FL: Descarga Brewing Company expected to come to North Miami in September
North Miami will soon get its first brewery. Descarga Brewing Company is expected to open in September at 12355 NE 13th Ave., co-owner Manny Jannes says.

The 2,800-square-foot space will contain a three-barrel production system and a 600-square-foot tasting room. The brewery will offer seating for 60 people, including 20 seats in an outdoor beer garden.

With costs being so high for construction, Jannes was able to persuade North Miami officials to assist him with the brewery. On June 13, Jannes received unanimous approval from the city's Community Redevelopment Agency board for a $150,000 business attraction grant.

The grant is awarded to entrepreneurs the city thinks will attract business to the area and usually matches only 50 percent of the costs. This grant, however, will fund 67 percent of the costs, estimated to be $235,106.

It wasn't difficult to persuade the city, considering the rapid growth of the craft beer industry locally and statewide. Jannes provided several facts and figures in his grant package and argued how microbreweries tend to stimulate economic growth in the communities surrounding them. According to Jannes, "It's going to keep people in the city because everyone is going to other cities for a good time."

Even better for Jannes is ...More info on site

Brewery news USA, MD: Hysteria Brewing Company plans to open brewery and taproom on July 1
The slogan for Columbia’s newest beer producer, Hysteria Brewing Company, is “The Mad Pursuit.” It’s an homage, according to marketing director Zachary Michel, to “the mad scientists who are constantly driving forward to discover something”, the Baltimore Sun reported on June 14

Variety and experimentation are two driving forces for Hysteria, whose brews have been sold only at beer festivals in Central Maryland for the past month and a half.

That changes at noon July 1, when Hysteria plans to open its brewery and taproom to the public at 9570 Berger Road, said Michel.

Hysteria’s owners are Richard Gue and two silent partners, Geoff Lopes and Jordan Baney, said Michel. The three friends began working together in 2011, when they launched the Vaper’s Knoll, a Columbia-based e-cigarette flavor company. They were also homebrewers, so when it came time to try a new business, it wasn’t hard to decide, said Michel, who is also an assistant brewer at Hysteria.

“It’s one of those ideas you have in the back of your head whenever you brew your first batch of good beer,” said Michel, a Bel Air native.

The taproom, which will seat 85 to 100 people, will feature 11 taps of Hysteria beers and a house-made ...More info on site

Brewery news USA, PA: The Rusty Gold Brewing Co. launching in Canonsburg on June 15
As an antique dealer and house flipper and contractor, E.J. Kleckner is all about, “One man’s trash is another man’s treasure.”

“But,” he says with a grin, “that sounds too long for a brewery name.”

And so when it came time for the young businessman to dub the brewpub he’s opening on June 15 on the main drag in downtown Canonsburg in Washington County, he came up with a shorter way to say it: “Rusty Gold”, the Pittsburgh Post-Gazette reported.

The Rusty Gold Brewing Co. — in an old brick storefront on West Pike Street — is decorated, outside and in, with old barn wood and corrugated metal. The early 1800s barnwood-topped bar is made from doors from a tear-down farmhouse. Tables and seating, too, are made from everything from barrels to church pews.

“All this was built on site — custom,” says Mr. Kleckner, who himself used a 1-inch stippling brush to hand paint the rust on the bulkhead over the bar that was built to look like an old train trestle.

The original white-and-black tile floor and bronze-painted tin ceiling (from the building’s 1920s roots as a bakery, before it was a market, pool hall and then 1950s-themed Toy’s My Way Cafe) are ...More info on site

Brewery news USA, NC: Innovation Brewing to add another brewery at the GSMR Dillsboro Depot Complex
The Great Smoky Mountains Railroad (GSMR) has announced that Innovation Brewing will be the new tenant of the GSMR Dillsboro Depot Complex, the Smoky Mountain News reported on June 14.

Many locals enjoy the variety of Innovation’s 30-plus beers or ginger ale made from fresh organic ginger at their current location in Sylva, but as a major testament to their success, seating and parking have become limited night after night, especially on their outdoor patio overlooking Scotts Creek. This love for Innovation by locals and tourist alike is what initially inspired this next step.

Train passengers repeatedly request Innovation’s beer on the popular Fontana Trestle Train featuring BBQ & Brews, where GSMR partners with local breweries to showcase their beers during an evening train ride to the Fontana Trestle. Brewers are able to meet one-on-one with passengers and answer their questions and describe their process to the final product they are sampling. Innovation Brewing’s St. Patrick’s Day BBQ & Brews was a huge success, thus solidifying the need for expansion.

Innovation will keep its primary location at 414 West Main Street in Sylva, but plan on expanding their sour and barrel aged production as well as a new pilot batch system at ...More info on site

Brewery news USA, PA: Erie Brewing Co. moves to new 20,000-square-foot brewery and brew pub
Erie Brewing Co.’s new address is Harborcreek Township, GoErie.com reported on June 14.

The company has moved from rented space in Erie’s Veshecco Industrial Park to a 20,000-square-foot brewery and brew pub on Knowledge Parkway at Station Road, near Interstate 90.

The new facility will open on June 15 with a variety of beers and wines on tap and food available from John’s Wildwood Pizzeria. The popular Edinboro-based pizzeria opened a second location at the brewery last week.

“It’s been hectic, but it’s exciting,” Erie Brewing owner Rob Lowther said on June 13 of the move and opening. “We’re hosting a private event, our third, tonight to allow our people to practice interacting with customers. So far, everything’s gone pretty well.”

Visitors are astounded by the views, both of the brewery through huge interior glass windows and of Lake Erie in the distance from an upstairs patio, General Manager Giselle Main said. The brewery was built into a hillside with a mezzanine level with an outdoor porch facing the lake.

The brew pub also has a bar; tasting tables; booths; private party rooms; a second mezzanine bar, and a second ground-level patio. Many features were custom built, including the bars, woodwork, steel signs and a ...More info on site

Brewery newsWorld: Germany and US report lower beer sales in January-April this year
There are few reports of beer sales, and they are negative (April had 3 business days less than average months), H. M. Gauger GmbH ...More info on site

Barley newsWorld: Barley prices forecast 'to soften'
Barley prices appear poised to lose some of their vim, but for oats, there is potential yet for a further "rally" before harvest pressure ...More info on site

Barley newsEU: New crop malting barley markets looking tight
New crop barley, specifically malting barley markets, look tight enough that European farmers and coops refuse to sell the unharvested barley, H. M. Gauger ...More info on site

Barley newsEU: Volatility back to malting barley markets
Volatility is back to the malting barley market, with brewers showing up in several European countries, meeting lack of farmer selling, GrainCom reported on ...More info on site

Barley newsGermany: Barley crop forecast lifted by 60,000 tonnes
German farm co-operatives underlined the benefit to the country's wheat crop from recent rains, although the precipitation had proved less able to boost prospects ...More info on site

Barley newsWorld: Crop conditions in Europe and Asia extremely variable during winter and spring
Crop conditions in Europe and Asia have been extremely variable during winter and spring, but frost damage has been negligible, and drought conditions in ...More info on site

Barley news Ukraine: Barley exports up 19% from last season
Ukrainian barley exports kept their faster pace in April-May 2017. In total, the country has exported 5.25 mln tonnes of barley this season, i.e. already 19% more than for the whole last season, reports UkrAgroConsult.

Deliveries of Ukrainian barley to Libya reached a record 920 thousand tonnes. Exports to the EU market increased 53% to 348 thousand tonnes against 227 thousand for the whole last season.

This season witnessed a rise in Ukrainian barley shipments to almost all the key export destinations such as Jordan, Israel, Algeria and Morocco.

Noteworthy is some recovery of barley exports from Ukraine to Turkey. In the period under review, Ukrainian exporters shipped 128 thousand tonnes of barley to this country against 11 thousand in MY 2015/16.

Brewery news Cyprus: Beer consumption up 19.6% in May
Consumption of beer in Cyprus showed a significant annual increase of 19.6 per cent in May, according to figures released by the Statistical Service.

The consumption of beer increased to 4,427,384 litres, compared with 3,701,307 litres in May 2016.

By contrast, beer exports fell in May 2017 to 41,375 litres, compared with 152,040 litres in the same month last year, a reduction of 72.8 per cent.

In the first five months of the year the total consumption of beer (local consumption and exports) increased to 13.02 million litres, against 12.32 million litres in the same period last year.

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