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E-Malt.com Newsletter 16a
April 17 - April 19, 2017
Quote of the Week
The best dreams happen when you're awake.
Cherie Gilderbloom
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Currency Rates
Base Currency: US Dollar
on April 19, 2017 |
Base Currency: Canadian Dollar
on April 19, 2017 |
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1 USD = 0.9370 EUR
1 USD = 0.7903 GBP
1 USD = 1.3348 CAD
1 USD = 1.3230 AUD
1 USD = 108.8200 JPY
1 USD = 3.0995 BRL
1 USD = 55.9793 RUB
1 USD = 6.8765 CNY
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1 CAD = 0.7491 USD
1 CAD = 0.5920 GBP
1 CAD = 0.7019 EUR
1 CAD = 0.9910 AUD
1 CAD = 81.5200 JPY
1 CAD = 2.3218 BRL
1 CAD = 41.9500 RUB
1 CAD = 5.1510 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Weather concerns and weak prices keeping producers from planting more malting barley
...Click here
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USA, CT: East Rock Brewing Co. nearing final steps of designing its premises in Elm City
...Click here
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Canada, NS: Schoolhouse Brewery to open new location in Windsor later this month
...Click here
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USA, VA: Amber Ox Kitchen and Brewery submits application to the Williamsburg Planning Commission
...Click here
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USA, NJ: The Wild Bones Brewing Co. seeks Morristown’s permission to open a brewery
...Click here
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USA: AB InBev to add another brand to its craft portfolio
...Click here
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USA, AK: Baleen Brewing Co. submits liquor license application
...Click here
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World: Heineken reports unexpected increase in beer shipments in Q1
...Click here
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Africa: Multinational drinks companies battle for share in Africa’s biggest markets
...Click here
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Vietnam: Beer sales up 9.3% last year, projected to grow 10% in 2017
...Click here
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Vietnam: Trade ministry submits plan for divestment of government stake in Sabeco
...Click here
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France: Beer consumption estimated to have increased by 3% last year
...Click here
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Australia & China: Australian barley exports to China on track to beat record shipments of 2014-15
...Click here
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India: India’s leading brewers collectively introducing a dozen new beer brands
...Click here
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India: Vijay Mallya’s arrest in London sends United Breweries and United Spirits shares down
...Click here
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China: Diageo has its eye on emergence of China’s whisky drinkers
...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
ABOUT THE STABILITY OF
BITTER COMPONENTS IN
HOPS DURING STORAGE
ABSTRACT
German researchers are specialists in identifying
and quantifying bitter components in hops. In this
project, heat maps were developed for all bitter
components during the storage of several years.
The data presented gives profound insight into the
molecular bitter compound variability of certain hops.
Quantitative analyses of hops stored with and without
the influence of oxygen revealed that the decline of
distinct hop constituents cannot be explained by an
increase in transformation products formed during
beer aging, thus implying unknown degradation
mechanisms in hops. In a controlled, cool and oxygen
free environment, the relevant bitter components proved
to be stable for a period of 2 years.
Dresel, M.: The Bitter Chemodiversity of Hops (Humulus lupulus L.), J. Agric. Food Chem.
2016, 64, 7789-7799
Read more
Source: Barth Innovations
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These Days in Business History
17 April
1704 - 1st successful U.S. newspaper published in Boston by John Campbell
1933 - Pres. Franklin D. Roosevelt announces that he will issue an executive order embargoing exports of gold and free the exchange rate of the U.S. dollar to float against foreign currencies
1964 - Ford Mustang is introduced to the North American market
1989 - An all-financial-news TV service premieres, as CNBC airs its first market broadcast
18 April
1921 - Junior Achievement incorporated in Colorado Springs Colo
1948 - International Court of Justice opens at Hague Netherlands
1968 - London Bridge is sold to U.S. oil company to be erected in Arizona
19 April
1662 - Royal Society incorporates
1892 - Charles Duryea claims to have driven the first automobile in the United States, in Springfield, Massachusetts
1940 - 1st electron microscope demonstrated (RCA)
1948 - ABC-TV network begins
1971 - Launch of Salyut 1- the first space station
Agenda
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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Canada: Weather concerns and weak prices keeping producers from planting more malting barley
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Concerns about weather dictating the quality of malt barley is keeping Canadian producers from seeding the crop this year, one industry participant says, while
...More info on site
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USA, CT: East Rock Brewing Co. nearing final steps of designing its premises in Elm City
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Elm City residents will soon be able to drink more locally brewed beer when a new brewery opens in East Rock next semester, the Yale Daily News reported.
East Rock Brewing Co. is nearing the final steps of designing its premises, and its construction will be put out to bid in the coming weeks. The brewery at 285 Nicoll St. will produce beers for distribution in Connecticut and serve them in its nearly 100-seat beer hall. East Rock Brewing Co. founder Tim Wilson said he hopes his company will turn out its first batch of lager in the fall.
Wilson began his project in 2015, and by the time it is complete, it will have taken roughly two years from start to finish.
“It’s quite a process. It’s not as easy as starting an internet business from your house or something like that,” Wilson said. “Just because of the nature of the brewery and being a concept that the city of New Haven hasn’t had in 20 or 30 years.”
On the New Haven beer scene, East Rock Brewing Co. joins BAR, located at 254 Crown St., which operates as a brewpub — a place where beer is created onsite and served alongside food
...More info on site
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Canada, NS: Schoolhouse Brewery to open new location in Windsor later this month
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The Atlantic Canada Beer Blog reports that the new location of Schoolhouse Brewery originally announced last summer will finally be opening its doors later this month.
Situated adjacent to T.A.N. Coffee at 40 Water St. in Windsor, Nova Scotia, the new Schoolhouse facility features a 10-barrel copper brewhouse, and a retail store selling 650 ml bombers and growlers.
The store will have a soft opening on Wednesday April 26th and Thursday April 27th from 7:00 to 9:00 PM. Regular business hours – 3:20 PM (“when school lets out”) to 8:00 PM on weekdays, and 11:00 AM to 8:00 PM on weekends – will start as of Saturday April 29th.
A taproom is also in the final stages of construction, and is expected to open in May.
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USA, GA: Oconee Brewing Company to launch on May 6
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Oconee Brewing Company, located just south of the Oconee National Forest in Greensboro, is set to open in May, Online Athens reported on April 15.
Oconee Brewing Company is a project of the father and son behind John McGarity Realty, a commercial development firm in McDonough.
John McGarity and his son, Nathan, own the former mill, which is largely brick and glass.
The 6,000-square-foot space will have indoor and outdoor tasting areas.
The brewery is already outfitted with a canning line set to produce beer sold in retail stores.
Taylor Lamm, a Univeristy of Georgia alumnus, owns the brewery operation and serves as its master brewer.
The brewery will host its opening celebration from noon to 8 p.m. on May 6.
Oconee Brewing Company is the latest in a lineup of new brewery announcements.
In Athens, Creature Comforts is building its second location in the Southern Mill mixed-use project off North Chase Street that is set to open in the fall.
The westside is also expecting Akademia Brewing Company to open near Georgia Square mall. Construction is underway at the brewery.
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USA, VA: Amber Ox Kitchen and Brewery submits application to the Williamsburg Planning Commission
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Williamsburg officials are considering adding another microbrewery to the city’s growing portfolio of drinking establishments, the Williamsburg Yorktown Daily reported on April 14.
The Williamsburg area offers Virginia Beer Company, Alewerks and Brass Cannon breweries, in addition to Copper Fox Distillery and Silver Hand Meadery — and now a newcomer may be added to the list.
According to an application submitted to the Williamsburg Planning Commission on April 12, a new brewery could be opening on Prince George Street.
Williamsburg resident Chris Cook and his business partner Andrew Voss are proposing to operate a 5,360 square foot restaurant, including a 712 square foot microbrewery called Amber Ox Kitchen and Brewery.
Cook and Voss said they are in their mid-30s and are looking forward to the new business venture.
“Chris and I have a combined 25-30 years running restaurants and bars,” Voss said. “We definitely have a lot of experience and we feel really good about this project, but it’s still in the development phase.”
According to promotional material included with the application, the brewery’s menu will feature seasonal dishes and regionally-sourced ingredients.
“The Amber Ox is a welcoming culinary-focused brewery, always looking for innovative ways to create dishes that pair perfectly with our beer,” stated the
...More info on site
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USA, NJ: The Wild Bones Brewing Co. seeks Morristown’s permission to open a brewery
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The Wild Bones Brewing Co. seeks Morristown’s permission to open a brewery at 95 Morris St., the Morristown Green reported on April 18.
Unlike a brew pub, a brewery serves no food and consumer sales are restricted. So liquor licensing from the state is much cheaper, according to documents filed with the town zoning board, which is scheduled to hear the application for a use variance on Wednesday, April 19, 2017.
Wild Bones, which lists a present address in an apartment on Ridgedale Avenue, wants to occupy about 4,800 square feet behind a T-Mobile shop.
The proposed brewery would operate a “tasting room,” and offer tours to a maximum of 15 people at a time, Wednesdays through Fridays from 4 pm to 10 pm, Saturdays from noon to 10 pm, and Sundays from noon to 6 pm.
A Limited Brewery License would entitle Wild Bones to “brew any malt alcoholic beverage” in a quantity up to 300,000 barrels of 31- fluid gallons capacity per year, for sale to wholesalers and retailers, the application states.
Additionally, such a license would allow retail sales to consumers “for consumption on the premises in connection with a tour of the brewery, or for consumption off the premises in
...More info on site
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USA: AB InBev to add another brand to its craft portfolio
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Anheuser-Busch InBev is adding another brand to its craft and import focused “High End” portfolio, but this time it won’t come via acquisition, Brewbound reported on April 17.
In a letter to wholesalers, the company said it would launch Veza Sur Brewing Co. in Miami this summer.
Few details were available at press time, but the company described Veza Sur as a “Latin-American inspired craft beer brand,” and said it would also open a brewpub in the Wynwood Art District of Miami.
According to High End president Felipe Szpigel, who penned the note along with Veza Sur GM Max-Antonio Burger and Anheuser-Busch’s vice president of wholesaler development, Bob Tallet, the brand will only be available in Miami.
Along with Burger, 10 Barrel Brewing co-founder Chris Cox and Bogota Beer Company founder Berny Silberwasser, were credited with helping to develop the brand. Anheuser-Busch owns both 10 Barrel Brewing and Bogota Beer Company.
The Wynwood Art District of Miami has become a hub for craft beer in recent years. Three companies — J Wakefield Brewing, Concrete Beach Brewery and Wynwood Brewing – are already located within just a few blocks of one another. Concrete Beach Brewery is owned by Boston Beer Company and Wynwood Brewing is 24.5
...More info on site
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USA, AK: Baleen Brewing Co. submits liquor license application
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A brewery is in the works for Ketchikan, AK, and the owner has submitted a liquor license application to the state Alcohol and Marijuana Control Office, KRBD reported on April 14.
Baleen Brewing Co.’s license application is now on Ketchikan Gateway Borough Assembly agenda for review. The Assembly can object to liquor license applications for certain reasons, such as if a business is delinquent on taxes.
According to a memo from Borough Clerk Kacie Paxton, the applicant, Alex MacGillivrey, has already registered to collect sales taxes, the business plan complies with zoning regulations, and Troopers expressed no concern about law enforcement problems related to the business.
The brewery would be located on Mizzen Lane, which is off North Point Higgins Road.
Ketchikan briefly had a downtown brewery that closed its doors many years ago, called Ketchikan Brewing Co. There’s been no local commercial brewery since.
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World: Heineken reports unexpected increase in beer shipments in Q1
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Heineken NV, the world’s second-largest brewer, reported on April 19 an unexpected increase in beer shipments, led by standout growth in Asia.
Beer volume rose
...More info on site
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Africa: Multinational drinks companies battle for share in Africa’s biggest markets
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As Nigeria plunged deeper into economic crisis last year, billboards popped up across Lagos, its largest city, promoting Johnnie Walker whisky along with a
...More info on site
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Vietnam: Beer sales up 9.3% last year, projected to grow 10% in 2017
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Vietnam ranked in the world’s top-10 beer drinking markets as of the end of 2016, with the total consumption projected up 10 percent year-on-year
...More info on site
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Vietnam: Trade ministry submits plan for divestment of government stake in Sabeco
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Vietnam's trade ministry has submitted a plan for the divestment of the government's majority stake in Sabeco, the company's CEO said on April 18,
...More info on site
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France: Beer consumption estimated to have increased by 3% last year
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France’s beer consumption may have increased last year for the third year in a row, Le Figaro reported on April 18.
Since 2014 the nation’s
...More info on site
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Australia & China: Australian barley exports to China on track to beat record shipments of 2014-15
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Exports of Australian barley to China are on track to threaten the record shipments set in 2014-15 and could almost double last year exports
...More info on site
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India: India’s leading brewers collectively introducing a dozen new beer brands
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Heineken, Anheuser-Busch InBev, and Carlsberg are collectively introducing about a dozen new beer brands in India to slake the thirst of its summer-singed consumers, the Economic Times reported on April 17.
For the world’s top three brewers, which together control about 90 per cent of India’s beer market, new products could be the recipe for fending off an unhealthy cocktail of sales bans, shrinking store networks, and stagnant demand in a warm, tropical country with promising demographics and increasing affluence.
India’s beer sales fell 2 per cent in the year to March 2017, but companies expect the segment to expand 5-7 per cent in the current fiscal, driven by premium products.
“We need to strengthen our portfolio because consumers want to choose, and we want to be a part of their choice. In the next six months, we will come up with two strong beer brands in the premium segment, and an interesting portfolio of imported brands in the next six weeks,” said Shekhar Ramamurthy, managing director at United Breweries (UB). Heineken owns 43 per cent of UB, which sells Kingfisher, Kalyani Black Label, and Zingaro beers, and controls half of India’s beer market.
UB will
...More info on site
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India: Vijay Mallya’s arrest in London sends United Breweries and United Spirits shares down
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United Breweries and United Spirits slip nearly 3 percent on April 18 after liquor baron Vijay Mallya has been arrested in London, according to CNN-News18.
Vijay Mallya holds 7.9 percent stake of 52.84 lakh shares in United Breweries and about 12,510 share in United Spirits as of latest shareholding pattern.
United Spirits closed 2.07 percent lower at Rs 1885.10 on the NSE while United Breweries plunged 2.5 percent to Rs 731.75.
Mallya will now be presented before the Westminster Magistration court. The Central Bureau of Investigation (CBI) from India will put in a request to extradite Mallya to India.
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China: Diageo has its eye on emergence of China’s whisky drinkers
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Given its massive population, China represents a key market for consumer goods companies, and even a small change in Chinese behaviour can have a massive impact on bottom lines, CNBC reported on April 15.
Diageo, the multinational company selling alcohol brands including Johnnie Walker and Captain Morgan, has its eye on the emergence of China's whisky drinkers.
"What we're seeing in China right now is really positive," Sam Fischer, Diageo's president of Asia, told CNBC. "We're seeing an increasing curiosity around people asking, 'What is whisky? Where does it come from? What taste do I like?'"
Whisky is a big business for Diageo, especially in Asia where it accounts for 40 percent of its total sales, compared to 25 percent of sales globally.
Fischer cited demand from China's increasingly urbanized population and its rising middle class. Meanwhile, for the younger generation, status is becoming less about material possessions, and increasingly about the experience of consumption and story behind the brand.
That's where Johnnie Walker hopes to come in.
During an investor call recently, Fischer said the changing demographics are positive for new sales growth, pointing to a prediction that by 2022, 630 million Chinese will be classified as middle class.
But international spirits have not fully penetrated
...More info on site
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