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E-Malt.com Newsletter 51b
December 22 - December 25, 2016
Quote of the Week
The brewery is the best drugstore.
Old German folk wisdom
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Currency Rates
Base Currency: US Dollar
on December 23, 2016 |
Base Currency: Canadian Dollar
on December 23, 2016 |
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1 USD = 0.9575 EUR
1 USD = 0.8104 GBP
1 USD = 1.3452 CAD
1 USD = 1.3838 AUD
1 USD = 117.5800 JPY
1 USD = 3.3192 BRL
1 USD = 60.8641 RUB
1 USD = 6.9464 CNY
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1 CAD = 0.7433 USD
1 CAD = 0.6023 GBP
1 CAD = 0.7117 EUR
1 CAD = 1.0286 AUD
1 CAD = 87.4000 JPY
1 CAD = 2.4671 BRL
1 CAD = 45.2535 RUB
1 CAD = 5.1631 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley production forecast to increase 7% to 8.8 mln tonnes in 2016/17
...Click here
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Canada: Malting barley market not making farmers smile
...Click here
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USA, TX & WA: Austin’s Jester King brewery becomes an equity partner in forthcoming Fair Isle Brewery in Seattle
...Click here
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USA, VA: Sinistral Brewing Company eyeing summer 2017 opening in Manassas
...Click here
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USA, CA: Waterman Brewing Company to become Elk Grove’s third craft brewery
...Click here
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USA, WI: South Shore Brewery now brewing at new facility in Washburn
...Click here
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EU: Germany’s barley malt output increases in July-August 2015/16
...Click here
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Asia: Major brewers in Asia looking at growth opportunities both at home and abroad
...Click here
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Germany: Oetker/Radeberger continues to dominate Germany’s beer market but with a small advantage
...Click here
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Philippines: San Miguel Corp. preparing to launch P20 bln bond offer
...Click here
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Black Sea region: Russia’s barley crop is estimated at up to 19 mln tonnes, Ukraine’s at up to 9.8 mln
...Click here
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Vietnam: Sabeco to hold auctions to select consultancy firm for state ownership sale
...Click here
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Ukraine: Government increases excise duty for beer by 12%
...Click here
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Graph of the Week
Table of the Week
Number of Breweries in Europe 2009 - 2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
IS THE PROFILE OF HOP POLYPHENOLS VARIETY SPECIFIC?
ABSTRACT
Yes, it is. At least that is the conclusion of a Japanese
research team. They investigated six different hop
varieties from Germany, Czech Republic and USA from
three different crop years. The polyphenol profiles of all
varieties show that the composition of monophenols,
flavonols, flavanones, prenylflavonoids, flavanols,
proanthocyanidins is different for each crop year but
within limits. The composition of the polyphenols
correlates with the genetic background of the
varieties. Further they found that the content of each
polyphenol in beer was similar to that in hops used.
Fresh beer samples using six hop varieties showed
flavour differences for sweetness and astringency. The
data suggest that the contents of proanthocyanidin is important for the intensity of sensory fullness while
the content of flavanones and prenylflavonoids are in
context with astringency.
Hasegawa, T.:Comparison of characteristics of taste and polyphenols
in beer using different hop varieties
Read more
Source: Barth Innovations
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These Days in Business History
22 December
1877 - "American Bicycling Journal" begins publishing (Boston, Mass)
1910 - US postal savings stamps 1st issued
1973 - Meeting in Tehran, the oil ministers of OPEC's six Persian Gulf member countries announce that they will unilaterally raise the price of crude oil to $7 per barrel. In two-and-a-half months, OPEC has raised the price of oil by 128%
23 December
1834 - Thomas R Malthus, English vicar/economist is born
1919 - Alice H Parker patents gas heating furnace
1922 - BBC Radio began daily newscasts
1973 - 6 Persian Gulf nations double their oil prices
24 December
1851 - US Library of Congress catches fire; 35,000 books burn
1893 - Henry Ford completes his 1st useful gas motor
1922 - BBC sends 1st British radio play "Truth about Father Christmas"
1979 - The first European Ariane rocket is launched
25 December
1848 - New Haven Railroad opens
1947 - Taiwan passes Human Rights laws (Day of Earth Law)
1954 - WSFA TV channel 12 in Montgomery AL (NBC) begins broadcasting
1959 - Sony brings transistor TV 8-301 to the market
Agenda
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
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: Barley production forecast to increase 7% to 8.8 mln tonnes in 2016/17
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For 2016-17, Canada’s barley production is forecast to increase 7% to 8.8 mln tonnes, despite lower harvested area, due to the record average yield,
...More info on site
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Canada: Malting barley market not making farmers smile
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The western Canadian malting barley market has given nothing for farmers to smile about over the Christmas holidays, the Western Producer reported on December
...More info on site
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USA, TX & WA: Austin’s Jester King brewery becomes an equity partner in forthcoming Fair Isle Brewery in Seattle
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Two Seattle homebrewers aiming to take their skills to the big leagues have gotten a serious boost from an Austin, Texas-based business, reports the Washington Beer Blog.
Highly-regarded Austin brewery Jester King, which is actually building out a farm to complement its farmhouse-style production facility, is an equity partner in forthcoming Fair Isle Brewery. Though it doesn’t have a home yet, Fair Isle also plans to focus on farmhouse-style beers, a broad category of often-funky, predominantly Belgian styles that have their origins in 19th-century European farmhouses; saisons are the most common of these beers seen on the market today.
Fair Isle's website promises a "large range of mixed culture farmhouse and wild beers, including Saison, Grisette, Biere de Garde, ‘Farmhouse’, and American Sour beer. Many of our beers will include locally foraged items such as fireweed, elderberries, mushrooms etc and many will also be refermented on fruit. We also plan to have a coolship and produce true spontaneously fermented ‘wild’ beers." There certainly won’t be a typical line-up of porters, pales, and stouts.
The news came a week ago via Jester King's blog, which revealed that co-owner Andrew Pogue helped out Jester King's founders in their early days with everything from tasting room-buildout
...More info on site
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USA, VA: Sinistral Brewing Company eyeing summer 2017 opening in Manassas
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Sinistral Brewing Company plans to bring a new brewery to Historic Downtown Manassas. The 3,500 square foot brewery, at 9423 Main Street, adjacent to the Philly Tavern, will consist of a 7-barrel brewhouse, taproom and beer garden, according to a city news release, Inside NoVa reported on December 21.
“The City of Manassas is excited to welcome Sinistral Brewing to our Historic Downtown,” City Manager W. Patrick Pate said in a statement. “The City of Manassas has quickly become the location of choice for craft brewers and distilleries because of our unique, vibrant and business friendly environment.”
Direct from owner and head brewer Blane Perry’s passion for the art and craft of brewing, Sinistral Brewing Company will offer a selection of flagship beers, rotating seasonal specialties and experimental beers using locally sourced ingredients. Flight tastings, pints and crowler fills will all be available.
“Sinistral Brewing Company will be both a destination for craft beer aficionados and a fun, neighborhood hang out for beer lovers in Historic Downtown Manassas. The opportunity to bring my love of craft beer and brewing to the Northern Virginia craft brewing scene is a dream come true for me,” said Blane Perry, of the planned opening.
Sinistral Brewing Company
...More info on site
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USA, CA: Waterman Brewing Company to become Elk Grove’s third craft brewery
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Waterman Brewing Company will become Elk Grove’s third craft brewery, the city announced on December 20.
Waterman’s soon-to-open tasting room will feature craft beer brewed at 9824 Dino Drive, Suite 150, in an industrial area in the south part of Elk Grove. The owners hope to open in the spring.
Two other breweries, Flatland Brewing Company and Tilted Mash Brewing, opened in the city in the past year. Breweries have proliferated throughout the Sacramento region in the past few years, but only recently have opened in Elk Grove.
Waterman was founded by Elk Grove residents Jeff and Janis Stilz. Jeff Stilz said he grew up in a family that brews beer and makes wine. As he got older, he began brewing his own beer, supplying friends and family for years.
As craft beer grew in popularity, people started suggesting he open his own brewery. He and his wife decided to go for it in Elk Grove because the city has “lots of people but not so many breweries,” Stilz said.
The brewery will feature a 10-barrel brewhouse and a 50-seat tasting room with an outside patio. The brewery won’t sell food but will schedule food trucks.
Stilz said he wants to create an atmosphere where people
...More info on site
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USA, WI: South Shore Brewery now brewing at new facility in Washburn
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South Shore Brewery is now brewing beer in Washburn at a new bottling and kegging facility, WDIO-TV reported on December 22.
On December 21, the first batch of Nut Brown was bottled up. Owner Bo Belanger explains that the brewery does things a bit differently than other craft beers; namely, all the base malt used comes from farms in Mason and hops come from central Wisconsin.
"The ingredients themselves - in the fact that it's Lake Superior water - what we're trying to put in our water is that passion we have for brewing, but it also says something about us and the community we are living and working in," Belanger said. "This is going to allow us to compete and get our brand in the retails."
The building also features the Tap House with a tasting room, windows looking into the brewery and a shuffleboard game for some entertainment.
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EU: Germany’s barley malt output increases in July-August 2015/16
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Germany’s barley malt output in July/Aug is reported at 317,000 (last year 305), wheat malt at 29,000 (28), H. M. Gauger GmbH said in
...More info on site
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Asia: Major brewers in Asia looking at growth opportunities both at home and abroad
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Major Japanese drinks manufacturer Asahi Group Holdings and Anheuser-Busch InBev, the world's largest brewery, have agreed for Asahi to acquire InBev's beer businesses in
...More info on site
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Germany: Oetker/Radeberger continues to dominate Germany’s beer market but with a small advantage
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In Germany, Oetker/Radeberger maintains the No. 1 position on the market, with an output of 11.75 mln hl, AB InBev is No. 2 with
...More info on site
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Philippines: San Miguel Corp. preparing to launch P20 bln bond offer
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Conglomerate San Miguel Corp. is preparing to launch a new bond offer worth as much as P20 billion to boost funds to trim foreign currency-denominated debt, Business Inquirer reported on December 23.
The proposed new bond offering is part of SMC’s application for the shelf registration at the Securities and Exchange Commission of up to P60 billion in retail bonds.
SMC disclosed to the Philippine Stock Exchange on December 23 that it had received from the SEC the official notice on its filing for an initial offering of at least P15 billion with an option to increase the offering by as much as P5 billion.
The bonds are proposed to be listed on the fixed income exchange Philippine Dealing and Exchange Corp.
Under the SEC-sanctioned shelf registration program, securities to be issued in tranches may be registered for an offering to be made on a continuous or delayed basis for a period not exceeding three years.
The issuer is allowed to use the same prospectus for various tranches of securities offering under such mechanism.
Such shelf registration is crucial in seeking a good timing to proceed with a planned securities issuance especially when financial markets are volatile. This allows the issuer to complete all the tedious
...More info on site
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Black Sea region: Russia’s barley crop is estimated at up to 19 mln tonnes, Ukraine’s at up to 9.8 mln
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Barley crop estimates in the Black Sea counties are reported by H. M. Gauger GmbH at 18.0 – 19.0 mln tonnes for Russia, 9.5
...More info on site
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Vietnam: Sabeco to hold auctions to select consultancy firm for state ownership sale
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Sai Gon Beer, Alcohol and Beverage Corporation (Sabeco) has announced it will organise auctions to select consultancy firms to sell state ownership in the company, VietNamNet Bridge reported on December 23.
Viet Nam’s largest brewer said in a statement sent to the HCM Stock Exchange on December 20 that the selected consultants will develop plans and complete required procedures for divestment.
Sabeco also allows the representatives of the state holding to use resources at the company to implement the divestment plan.
The state currently holds nearly 89.6 per cent of Sabeco’s capital and the divestment plan is projected to be executed in April 2017.
Sabeco listed on the HCM Stock Exchange with code SAB on December 6. The company's shares have soared nearly 54 per cent to close at VND203,000 (US$9) per share on December 22.
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Ukraine: Government increases excise duty for beer by 12%
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Ukraine's Verkhova Rada has passed bill No. 5132 amending the Tax Code to provide for the balance of budget revenue in 2017.
The document envisages the increase of the excise duty for beer by 12%, to UAH 2.78 per litre, liquor and vodka – by 20%, to UAH 126.96 per litre of 100% ABV.
The excise duty for cigarettes at the specific rate would grow by 40%, to UAH 445.56 per 1,000 cigarettes, while the ad valorem rate was left unchanged (12%).
The excise duty for dry wine is kept unchanged, being UAH 0.01 per litre, the rate for fortified wine and vermouths is increased by 12%, to UAH 8.02 per litre and sparkling wine – by 12%, to UAH 11.65 per litre.
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