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E-Malt.com Newsletter 08b
February 23 - February 26, 2017
Quote of the Week
It is a fair wind that blew men to the ale.
Oscar Wilde
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Currency Rates
Base Currency: US Dollar
on February 24, 2017 |
Base Currency: Canadian Dollar
on February 24, 2017 |
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1 USD = 0.9467 EUR
1 USD = 0.8012 GBP
1 USD = 1.3136 CAD
1 USD = 1.2984 AUD
1 USD = 113.0500 JPY
1 USD = 3.0619 BRL
1 USD = 57.4762 RUB
1 USD = 6.8734 CNY
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1 CAD = 0.7612 USD
1 CAD = 0.6099 GBP
1 CAD = 0.7206 EUR
1 CAD = 0.9883 AUD
1 CAD = 86.0500 JPY
1 CAD = 2.3306 BRL
1 CAD = 44.0239 RUB
1 CAD = 5.2317 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Boston Beer may have outgrown the craft revolution
...Click here
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USA, OH: BrewDog opens its Ohio brewery, to start brewing in March
...Click here
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USA, CA: Gilman Brewing Company reports “very, very good” business since its soft opening in January
...Click here
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USA, MA: Percival Brewing Company permit approved by Norwood selectmen
...Click here
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USA, VA: The Friendly Fermenter to make it possible for people to brew their own beer in Harrisonburg
...Click here
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EU: Germany increases both barley and wheat malt output in July/Oct 2016
...Click here
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UK: Barley and wheat usage by brewers, maltsters, distillers increases in Q4 2016
...Click here
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Brazil: Beer industry turnover reaches R$77 bln last year
...Click here
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New Zealand: More beer, especially high-strength was available for consumption in 2016
...Click here
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Greece: Greek brewery sues Heineken for abusing position of power in Greece
...Click here
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World: All grains production, consumption, end stocks expected to grow dramatically but barley figures are almost unchanged from 2015/16
...Click here
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India: Diageo sees opportunities in India’s whisky market, makes India one of three focus areas for 2017
...Click here
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EU: EU Commission abolishes the system of import and export licences for all grains
...Click here
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Ukraine: Carlsberg Ukraine market share increases to 29.9% last year
...Click here
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UK: Heineken launches two new beers for “beer-curious” drinkers
...Click here
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UK: AB InBev making second attempt to introduce Bud Light to the UK
...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
LATER HARVEST DATE =
MORE INTENSE DRY HOP AROMA?
ABSTRACT
Previous studies have shown that harvest date can
have a significant impact on the flavour profile of
beer depending on hop variety. To further illustrate
the effect, this study evaluated the variety Mandarina
Bavaria. A group of German researchers produced dry
hopped beers with Mandarina Bavaria hops harvested
at different dates within a 4 week period. Although
it was shown that some of the known important hop
aromatic compounds in dry hopped beers (especially
myrcene) changed in concentration when using hops with different harvest dates, with other compounds (especially linalool) the result of sensory data
showed that the harvest date of Mandarina Bavaria
is not important for final top-fermented beer aroma.
It is unclear which aroma components are the key
components of Mandarina Bavaria.
Schnaitter, M: Influence of hop harvest date of the Mandarina Bavaria hop variety on the
sensory evaluation of dry-hopped top-fermented beer
Read more
Source: Barth Innovations
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These Days in Business History
23 February
1886 - Aluminum manufacturing process developed
1886 - London Times publishes world's 1st classified ad
1965 - Michael Dell is born. He later drops out of the University of Texas at Austin to found Dell Computer Corp. with the radical idea of assembling made-to-order computers
24 February
1921 - 1st transcontinental flight in 24 hours flying time
1986 - Texas Air buys Eastern Airlines for $676 million
1995 - Dow-Jones hits record 4011.74
25 February
1791 - 1st Bank of U.S. chartered
1837 - 1st U.S. electric printing press patented by Thomas Davenport
1862 - Paper currency introduced in U.S. by President Abraham Lincoln
26 February
1848 - 2nd French Republic proclaimed
1907 - Royal Oil and Shell merge to form British Petroleum (BP)
1993 - World Trade Center bombing
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy
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)
08-11: Festival Brasileiro da Cerveja 2017 (Blumenau, Brazil)
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:
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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USA: Boston Beer may have outgrown the craft revolution
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Sam Adams brewer Boston Beer helped propel the beloved craft beer movement when it first opened for business in 1984. It may have outgrown the revolution, the Fortune reported on February 23.
On February 22, Boston Beer reported alcoholic beverage shipments are now almost certainly expected to decline in 2017, following a 6% drop in shipments last year to about 4 million barrels as demand dropped for the core Sam Adams beer brand, Angry Orchard cider and the craftier Traveler and Coney Island Brands. With a little over $900 million in annual net revenue, the brewer only commands about 1% of the total U.S. beer market. But to some, that might be too big to be deemed "craft."
"New craft brewers continue to enter the market and existing craft brewers are expanding their distribution and tap rooms, with the result that drinkers are seeing more choices, including a wave of new beers in all markets," said Chairman and founder Jim Koch.
During a conference call with investors, Koch explained that retailers were cautious when it comes to buying aggressively on new styles after getting recently burned by the "hard" soda trend that quickly fizzled. Then there is the issue of too much variety:
...More info on site
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USA, OH: BrewDog opens its Ohio brewery, to start brewing in March
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Scottish brewery BrewDog opened its North American headquarters for the first time on February 20 in Canal Winchester, ABC6 reported.
The $30 million facility on Gender Road took nearly two years to build and is the size of about two football fields. It will house BrewDog's brewing equipment, distribution center and taproom.
The brewery will start brewing in March. It'll sell its beer across Ohio and perhaps eventually nationwide. The facility in Canal Winchester is designed to be a tourist destination.
"We had people coming from Brazil," said Keith Bennet, who moved from Scotland to start the brewery in the US. "We've had people driving down from Michigan just to have a beer, things like that. So, it's really exciting. Hopefully, people do make it a destination and we can make it a really cool place to hang out."
BrewDog will be competing with more than 30 breweries in central Ohio and more than 200 across the state. The Ohio Craft Brewers Association said the number of breweries in Ohio has quadrupled since 2012.
"People have a passion for it," said Mary MacDonald with the Ohio Craft Brewers Association. "It's something that they love. A lot of them are former home brewers turned professional and
...More info on site
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USA, CA: Gilman Brewing Company reports “very, very good” business since its soft opening in January
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Looking closely, the similarities between Sean Wells’ day job as a veterinary surgeon and his second career as head brewer of Gilman Brewing Company become clearer, the Daily Californian reported on February 20.
“When you’re dealing with the science and problem-solving using different ingredients and timings to make new products, yes, I would say the jobs require similar skills,” Wells said.
Wells is the proprietor and one of two head brewers at Gilman Brewing Company — a brewery and tasting room that recently opened in West Berkeley. The brewery launched its soft opening in January and since then, according to Wells, business has been “very, very good.”
Currently open during limited hours four days a week, the doors of 912 Gilman St. first open to a bar, whose gritty decor is inspired by “the manufacturing in West Berkeley.” The tasting room sits on the second level of the building, with tables and seats providing customers a balcony-style view over eight fermenter tanks holding hundreds of gallons of beer.
Customers have taken quickly to the upstart brewery. Rebekah Thomson, a recent patron of Gilman Brewing Co.’s soft opening, was impressed.
“(Gilman’s beers) use a couple techniques that are quite interesting and unique,” Thomson said. “I can’t
...More info on site
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USA, MA: Percival Brewing Company permit approved by Norwood selectmen
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Beer enthusiasts and buyers will have a chance to try a Norwood beer before making their purchase, Patch.com reported.
Last week, the selectmen approved a pouring permit for the Percival Brewing Company, located at 83 Morse St. The brewery will be able to operate a tasting room and offer small samples of their products.
The approval did not come without some questioning from board members. Selectman Helen Abdallah Donohue initially thought of the tasting room as a bar trying to open without a liquor license.
“You’re getting around that requirement and you’re asking for a liquor license. You’re trying to circumvent state law,” Donohue said.
Owner Filipe Oliveira said the samples would be limited to a flight of four 5 oz. glasses that can be used to sample four beers on tap. No customer will be allowed to purchase more than four samples during a single visit. Larger glasses, cans, and bottles of beer will not be available for purchase at the brewery.
“It allows us to use the general public as a focus group. If people don’t like the brand, we can know at the facility,” Oliveira said.
No other beers will be offered outside of what is brewed on site and there will be
...More info on site
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USA, VA: The Friendly Fermenter to make it possible for people to brew their own beer in Harrisonburg
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Shawn Gatesman is joining the ranks of other breweries in downtown Harrisonburg by opening the Friendly Fermenter. The brewery will allow people the option to brew their own beer, WHSV reported on February 20.
He said the idea formed a few years back when he started brewing for fun. Now, he wants to give others the chance to enjoy the hobby he's turning into a livelihood.
"When I took to brewing so quickly and had such a passion for it, and a decent amount of success as a home brewer, it just kinda fell into place that this is my chance," Gatesman said. "I knew that with the industry the way it was that if I wanted to do it, time was somewhat of the essence."
The Friendly Fermenter is the first of its kind in Harrisonburg, and is on track to open this summer.
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EU: Germany increases both barley and wheat malt output in July/Oct 2016
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Germany produced a total of 628,000 tonnes of barley malt in July/Oct 2016 versus 613,000 tonnes in the same period in 2015, H. M.
...More info on site
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UK: Barley and wheat usage by brewers, maltsters, distillers increases in Q4 2016
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In Q4 2016, the UK brewers, maltsters and distillers used 464 thousand tonnes of barley, up 2.5%, and 198 thousand tonnes of wheat, up
...More info on site
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Brazil: Beer industry turnover reaches R$77 bln last year
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Beer industry in Brazil represents 1.6% of the nation’s GDP and in 2016 it registered a turnover of R$77 bln, Exame reported on February
...More info on site
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New Zealand: More beer, especially high-strength was available for consumption in 2016
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In 2016, 17 percent more high-strength beer was available than in 2015, Statistics New Zealand said on February 24. The rise follows a 38
...More info on site
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Greece: Greek brewery sues Heineken for abusing position of power in Greece
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Greek brewery Macedonian Thrace Brewery is claiming 100 million euros from Heineken in a lawsuit filed with the court in Amsterdam. According to the Greek brewery, the Dutch beer giant abused its position of power in Greece, NU.nl reported on February 24.
Officially the lawsuit is filed against Athenian Brewery, Heineken's Greek subsidiary. Macedonian Thrace Brewer claims that Heineken stalled the competition in the Greek beer market for years by making exclusive deals with retailers. The brewer claims that it could not achieve its growth potential due to Heineken's unfair competition.
Macedonian Thrace Brewery wants the court to hold Heineken responsible for disrupting the Greek beer market and order the Dutch company to stop its disruptive competitive practices. And to pay 100 million euros in compensation.
Macedonian Thrace Brewery produces about 200 thousand hectolitres of beer per year. It is a very small player in the market compared to Heineken, which produces about 200 million hectolitres of beer per year.
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World: All grains production, consumption, end stocks expected to grow dramatically but barley figures are almost unchanged from 2015/16
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Global grains production, consumption and carry-over stocks have grown dramatically since a few years. Figures for barley in 2016/17, however, are forecast at practically
...More info on site
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India: Diageo sees opportunities in India’s whisky market, makes India one of three focus areas for 2017
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India has a love-hate relationship with booze. While the majority of adults are lifetime abstainers, those who enjoy a tipple tend to enjoy it
...More info on site
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EU: EU Commission abolishes the system of import and export licences for all grains
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The EU Commission has abolished the system of import and export licences for all grains and products, which are not part of quotas or
...More info on site
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Ukraine: Carlsberg Ukraine market share increases to 29.9% last year
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The market share of Carlsberg Ukraine in 2016 amounted to 29.9% by volume, which is 0.3 percentage points higher than in 2015, Interfax Ukraine reported on February 23.
Last year Carlsberg Ukraine managed to significantly increase its sales in major network supermarkets.
The company estimates that in 2016 the beer market in Ukraine decreased by 7% compared to the previous year. There are several reasons for the fall of the market: the unfavourable economic situation in the country, the national currency devaluation, reduced purchasing power of the population, as well as the consequences of fundamental changes in the industry regulation and a sharp increase in excise tax in 2016.
“Our company manages to increase its market share and show economically efficient activities, as well as maintain its place among the largest taxpayers in the country,” Carlsberg Ukraine CEO Yevhen Shevchenko said.
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UK: Heineken launches two new beers for “beer-curious” drinkers
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Heineken has launched two beers under new brand Maltsmiths, Morning Advertiser reported on February 23.
The two beers, a Bavarian-style pilsner and an American-style IPA (both 4.6% ABV), were brewed at the company’s Caledonian brewery but will be released under the Maltsmiths brand across the on-trade on 27 March after being unveiled at the Craft Beer Rising festival in London this week.
Heineken said it wanted to target “beer-curious” drinkers – customers looking for an accessible entrance point into the craft beer market – with the two brews.
It will be available on draught, in cans (330ml) and in bottles (330ml).
Sam Fielding, new beer team director at Heineken UK, said: “It’s not for use to define what is or isn’t craft beer. We have brewed two beautiful beers that will appeal to the more curious drinker.
”Despite brewing the two beers at Caledonian Brewery, Heineken opted not to release them under the already-established Caledonian brand so it could focus on showcasing the company’s younger brewing talent, he added.
“We are confident that if you put this in a pub where you haven’t already listed craft beer – it will perform very strongly,” he said.
“We want to simplify and make this area
...More info on site
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UK: AB InBev making second attempt to introduce Bud Light to the UK
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Bud Light will appeal to young drinkers seeking a lower-alcohol beer with a more contemporary image, according to AB InBev, which is making a second atempt to introduce the US's number one beer brand to the UK, CampaignLive reported on February 24.
Launching in retailers this weekend, and in pubs from March, the brand will supported by a campaign from lead creative agency Wieden & Kennedy London across TV, digital out of home and social media, that aims to announce the arrival of the brand and introduce its personality.
"Bud Light is what we call the younger kid brother of Budweiser, with a bit more of a fun personality," said Andre Amaral, senior brand manager for Bud Light.
"You can expect to see a tone of voice that’s youthful, light hearted, playful, easy going." He confirmed this meant it would shy away from the kind of bold humour and loud personality often employed by Budweiser.
The drink, said Amaral, was targeted at what he called "aspirers": largely 18- to 24-year-olds who are very urban, like premium brands, are interested in travel and are heavy social media users. He said this set the brand apart from most other lower-alcohol lagers – such as Carling and
...More info on site
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