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E-Malt.com Newsletter 17b
April 27 - April 30, 2017
Quote of the Week
Wine is but a single broth, ale is meat, drink and cloth.
English proverb
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Currency Rates
Base Currency: US Dollar
on April 28, 2017 |
Base Currency: Canadian Dollar
on April 28, 2017 |
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1 USD = 0.9178 EUR
1 USD = 0.7763 GBP
1 USD = 1.3598 CAD
1 USD = 1.3382 AUD
1 USD = 111.2600 JPY
1 USD = 3.1720 BRL
1 USD = 56.9707 RUB
1 USD = 6.8948 CNY
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1 CAD = 0.7353 USD
1 CAD = 0.5708 GBP
1 CAD = 0.6749 EUR
1 CAD = 0.9840 AUD
1 CAD = 81.8000 JPY
1 CAD = 2.3323 BRL
1 CAD = 41.9224 RUB
1 CAD = 5.0696 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA & Canada: Barley acres expected to drop both in the US and Canada
...Click here
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Canada, ON: Hogtown Brewers sold to East End Brewing currently under construction in Toronto
...Click here
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USA, KS: Augustino Brewing Company finds future home in Wichita
...Click here
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USA, CT: Skygazer Brewing Co. signs lease for Southington location
...Click here
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USA, MI: Ludington Bay Brewing set to open in mid-May
...Click here
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Canada, NS: Chill St. Fresh Beer & Cider Market to be launched as Canada’s first brewery in a grocery store
...Click here
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USA, AL: Foley’s first microbrewery launches crowdfunding campaign
...Click here
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USA, AZ: State 48 Brewery expanding to downtown Phoenix
...Click here
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USA, NY: Labatt USA to open pilot brewery in Buffalo
...Click here
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World: Craft, alcohol-free beer, Africa, whisky and food demand brighten up malt industry’s prospects
...Click here
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Nigeria: Guinness Nigeria Plc’s nine-month revenue grows 29%
...Click here
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World: Malting barley surplus to exceed deficit in 2017/18 - analysts
...Click here
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Bulgaria: Heineken’s Zagorka brewery reports 2.8% increase in operating profit in 2016
...Click here
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EU: Malting barley prices react to frosts in France
...Click here
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France: Barley condition declines sharply in farm office’s weekly report
...Click here
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Belarus: Beer import down five times in the past two years
...Click here
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India: United Breweries betting on its new Kingfisher Storm to wean away consumers from Carlsberg
...Click here
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Ukraine: Persha Pryvatna Brovarnia to start brewing Czech beer Krušovice under license in early June
...Click here
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Graph of the Week
Table of the Week
USA Hop Production by Variety 2012-2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
THE TRUE BITTERNESS OF HUMULINONES
ABSTRACT
A couple of recent studies revealed that the increased
bitterness in dry hopped beers is greatly influenced by
the formation of humulinones (oxidized hop alpha-acids). Using previously established synthesis methods and
preparative liquid chromatography, high-purity extracts
of humulinones and hulupones were prepared for
sensory testing. A trained flavour descriptive panel
found humulinones to be 66% as bitter as iso-alpha-acids,
and hulupones to be 84% as bitter as iso-alpha-acids.
This study also found that the bitterness intensity of
humulinones and hulupones are substantially higher
than previous estimates of 35% and 50%, respectively.
Whereas iso-alpha-acids were confirmed to be more bitter
than oxidized alpha-acids and beta-acids, both hulupones and
humulinones were bitter enough to potentially have
a significant impact in beer, especially in dry hopped
beers. The threshold value of humulinones was found
to be around 8 mg/L in unhopped beer.
Algazzali, V.; Bitterness Intensity of Oxidized Hop Acids: Humulinones and Hulupones
Read more
Source: Barth Innovations
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These Days in Business History
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
29 April
1813 - Rubber is patented
1910 - The Parliament of the United Kingdom passes the People's Budget, the first budget in British history with the expressed intent of redistributing wealth among the British public
1913 - Swedish engineer Gideon Sundback of Hoboken patents all-purpose zipper
1953 - The first U.S. experimental 3D television broadcast showed an episode of Space Patrol on Los Angeles ABC affiliate KECA-TV
1977 - British Aerospace forms
30 April
1506 - Philip of Bourgondy and England sign trade agreement
1925 - Automaker Dodge Brothers, Inc is sold to Dillon, Read & Co. for US$146 million plus $50 million for charity
1939 - NBC inaugurates its regularly scheduled television service in New York City, broadcasting President Franklin D. Roosevelt's N.Y. World's Fairopening day ceremonial address
1939 - NBC/RCA 1st public TV demo with Franklin D. Roosevelt at opening of New York World's Fair
1995 - Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users
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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USA & Canada: Barley acres expected to drop both in the US and Canada
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Barley acres in the U.S. are forecast at 1.03 mln ha, 200,000 ha down from last year, H. M. Gauger GmbH said in their
...More info on site
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Canada, ON: Hogtown Brewers sold to East End Brewing currently under construction in Toronto
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Ontario Beverage Network reports that contract brewing operation Hogtown Brewers has been sold to a new brewery that is currently under construction in Toronto.
East End Brewing has purchased the Hogtown Ale brand and other company assets, and has also announced that it is hiring a “Managing Partner/Brewer/Advocate/Alchemist” to oversee the brand going forward.
Hogtown Brewers was launched in early 2012, with the Kölsch-style Hogtown Ale as its flagship brand at the LCBO and select licencees.
East End Brewing is being established at 262 Carlaw Avenue an Leslieville, a Toronto neighbourhood that is already home to Left Field Brewery, Radical Road Brewing, the recently opened Rorschach Brewing, and the soon to open Godspeed Brewery.
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USA, KS: Augustino Brewing Company finds future home in Wichita
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Augustino Brewing Company has found its future home.
Longtime home brewer Augustine Iacopelli, who announced in in February 2016 that he planned to open his own brewery on the west side, has since then added partners and chosen a space, the Wichita Eagle reported on April 27.
The brewery will open in the former Kababs and Panna Bread spaces at 756 N. Tyler Road, Wichita.
The brewery, which will also include a restaurant and a coffee shop, should be open by the end of the year, Iacopelli said.
“We’re hoping sometime during the fall,” he said. “Thought we realize it’s a possibility that we’re going to hit snags we can’t see right now.”
Since announcing his plan, Iacopelli and his wife, Bianca, have taken on Geoff and Kara Finn as partners. Geoff is another longtime home brewer who has brewed specialty beers for Walnut River Brewing in El Dorado.
Geoff always wanted to open a brewery too, he said, and almost did a few years back. But the deal fell through at the last minute. He met Iacopelli in a local home brewer’s group and the two decided to go it together.
The new brewery will have a seven-barrel system, which will be set up in
...More info on site
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USA, CT: Skygazer Brewing Co. signs lease for Southington location
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Skygazer Brewing Co. plans to open on Triano Drive, Southington, making it the town’s third brewery, the Meriden Record-Journal reported on April 28.
Owners Taylor Pilewski of Wallingford and Erik Tynik of Bristol signed a lease on April 27 with Andrew and John Meade, the father-son owners of industrial land at 36 Triano Drive.
Andrew Meade said he’s been approved by the town to build a 6,000 square foot building. Once he receives a building permit, he’ll start construction and hopes to finish it late summer.
Andrew Meade said his son, owner of John Meade Lawn Maintenance, is looking to expand and will use a portion of building. The brewer will use another portion and there’s room for other tenants.
“We’ve got other people interested so I imagine it will fill up before long,” Andrew Meade said.
Rather than refit an existing building as the town’s two existing breweries have done, a new building will be constructed with the plumbing and necessary infrastructure for a brewery. The opportunity to move into a new, purpose-built space attracted the brewery owners.
“It’ll be a huge advantage for us, plus the fact that we can work with the builder up front,” Pilewski said.
He’s also pleased with the location, which
...More info on site
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USA, MI: Ludington Bay Brewing set to open in mid-May
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Ludington Bay Brewing will be worth the wait, MLive.com reported on April 28.
The downtown Ludington brewery will open during mid-May, after previously planning a March opening. The open date slid back due to construction and licensing delays, said Ted Gedra, owner.
"If you came into today, you'd think we could open pretty quick," he said. "We want everything to be right when we open because you only get one chance at that."
Training of kitchen and wait staff is underway. In all, there will be about 40-45 employees at the brewery this summer.
Twenty-four taps will be positioned behind the 16-stool bar in the main dining area, which will seat about 82.
About 12 taps will serve beer at the opening.
"We've got a range of beer for craft lovers to come in and try," said Gedra, who acquired a taste for craft beer while traveling the country and world for Wolverine Worldwide. "We have a very nice selection right now that's getting broader."
Gedra retired for an executive position at Wolverine Worldwide during July 2016.
Ludington Bay Brewing's master brewer is Tom Buchanan, known to some as the "Beer Father," who started his brewing career at Jamesport
...More info on site
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Canada, NS: Chill St. Fresh Beer & Cider Market to be launched as Canada’s first brewery in a grocery store
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Canada’s first brewery to be located inside a grocery store is getting set to open in in the small community of Elmdale, Nova Scotia.
According to Maritime Beer Report, Chill St. Fresh Beer & Cider Market is being established by Barry MacLeod inside the Sobey’s at the Elmsdale Shopping Centre, a location that MacLeod chose in order to “bring the brewery to the traffic as opposed to trying to bring traffic to a brewery”.
MacLeod tends to produce a core line-up that includes Blueberry Wheat, Pilsner, Pale Ale, Honey Brown Ale, White IPA, and Apple Cider on a SmartBrew system with four 10-barrel tanks. Several seasonals will also be offered, along with beer education, pairing tips, and merchandise.
Chill St. is expected to open in June.
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USA, AL: Foley’s first microbrewery launches crowdfunding campaign
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Low Brim Brewing will soon be the first microbrewery in Foley, and the company needs your help. Low Brim is the only equity crowdfunding campaign in Baldwin County; those that give as little as $100, can receive an expected 17.4 percent annual return on investment after the first year, the Gulf Coast News Today reported on April 27.
So, how does this all work and what does it mean?
In 2012, President Obama signed into law the Jobs Act, which is a law intended to encourage funding of U.S. small businesses by easing various securities regulations. The act requires the Securities and Exchange Commission to adopt rules to implement a new exemption that will allow for equity crowdfunding, which means that those who invest will then hold shares or securities of the proposing business. The initial time frame was for 270 days for review. Issuers that generate any offers or sales of securities purporting to rely on the crowdfunding exemption would be unlawful under the federal securities laws until such date as the regulatory groups have deemed it appropriate. But unfortunately, 270 days turned into several years and each state started passing their own regulations for “intrastate” offerings, which means that if
...More info on site
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USA, AZ: State 48 Brewery expanding to downtown Phoenix
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State 48 Brewery is expanding and bringing its beer to downtown Phoenix, abc15.com reported.
In a Facebook post on April 27, the brewery said, "The City of Surprise has been so supportive of us that we need more brewing capacity."
The brewery will occupy nearly 10,000-square-feet of space within the historic Welnic Building near 4th Avenue and Van Buren Street. They will be the first tenants of the recently-revitalized building, said Mario Rana, owner of State 48 Brewery.
"It's going to be a perfect spot for the next brewery," said Rana. "We want everything to feel like going out to the brewery is a whole experience. It's not just trying out different flights; we want it to be a good experience."
Rana said the building itself has a lot of special character, from the exposed wooden trusses, to the windows and flooring.
"It's going to be perfect for us," he said.
The brewery will have large open garage doors that connect the outdoor patio to the indoor dining room and brewery, as well as a mezzanine and a catwalk that overlooks the brewery.
Rana hopes to open in early 2018.
When State 48 Brewing opened in June 2016 in Surprise, it was bringing an element to the community
...More info on site
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USA, NY: Labatt USA to open pilot brewery in Buffalo
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Labatt USA is strengthening its ties to the city of Buffalo, Brewbound reported on April 27.
Rochester, N.Y.-based North American Breweries (NAB), which owns the exclusive import rights to the Labatt brand in the United States, announced on April 26 plans to open a Labatt-branded pilot brewery and restaurant in partnership with Pegula Sports and Entertainment (PSE) — the parent company of the NFL’s Bills and the NHL’s Sabres.
PSE purchased a 79,030 sq. ft., 98-year-old former manufacturing plant in the city’s Cobblestone District for $7 million in February. Plans call for the project, dubbed 79 Perry, to feature mixed-use retail, commercial and residential space.
Labatt USA will become the anchor tenant, and relocate its headquarters and 56 employees to the new space in July, 2018. The pilot brewery and restaurant, known as the John Labatt Project, is slated to open on the building’s ground floor a couple of months later.
The estimated cost of the project as well as the size of the pilot brewing system are still unknown, a Labatt USA official told Brewbound.
“It’s early in the process,” said Glen Tibbits, the general manager of Labatt USA. “It’s going to take us some time to figure that side of it out.”
The innovation
...More info on site
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World: Craft, alcohol-free beer, Africa, whisky and food demand brighten up malt industry’s prospects
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On the bright side of malt markets there is the unbelievable success of craft beer, where countries all over the world start to follow
...More info on site
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Nigeria: Guinness Nigeria Plc’s nine-month revenue grows 29%
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Guinness Nigeria Plc, the nation’s leading alcoholic beverage manufacturer and a subsidiary of Diageo Plc, has released its unaudited results for the nine months
...More info on site
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World: Malting barley surplus to exceed deficit in 2017/18 - analysts
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According to the latest report of the analysts H. M. Gauger GmbH, the global malting barley surplus may reach 6.1-7.1 mln tonnes in 2017/18,
...More info on site
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Bulgaria: Heineken’s Zagorka brewery reports 2.8% increase in operating profit in 2016
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The operating profit of Bulgaria's Zagorka, part of Dutch group Heineken, rose by 2.8% to a record-high 26.9 million levs ($14.98 million/13.74 million euro)
...More info on site
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 UK: Scotch whisky exports up 4% in 2016
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The Scotch Whisky Association (SWA) has confirmed that Scotch whisky exports grew 4% in 2016 following years of flat or declining development, with single
...More info on site
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EU: Malting barley prices react to frosts in France
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Malting barley prices went up the last days as a reaction to frosts in France (some regions had temperatures of -8/9 degrees Celsius which
...More info on site
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France: Barley condition declines sharply in farm office’s weekly report
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The condition of French wheat and barley crops declined sharply last week, marking a third successive weekly fall, farm office FranceAgriMer said, suggesting a dry spell was affecting crops in the European Union's biggest cereal producer.
Warm, dry weather in the past month has raised concern about low moisture levels in France after a very dry winter.
In its weekly crop report on April 28, FranceAgriMer estimated that 78 percent of soft wheat crops were in good or excellent condition as of April 24, compared with 85 a week earlier.
Winter barley was rated 71 percent good or excellent, down from 78 percent a week earlier, while spring barley was rated 80 percent good/excellent against 85 percent the prior week.
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Belarus: Beer import down five times in the past two years
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Belarus has reduced beer imports five times in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said in an interview to Respublika newspaper, BelTA has learned.
“I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced five times in the past two years. Dozens of beer varieties that were imported before are now produced in Belarus. The domestic breweries have reached a surplus in foreign trade, selling more beer than buying from abroad,” Alexander Zabello said.
Last year all the Belarusian breweries posted net profit, including even those who operated in the red for a long time: Brestskoye Pivo, Krinitsa, Heineken. “The concern has developed good business-like relations with the market participants. An agreement on cooperation was signed between Belgospishcheprom and the brewing companies. This document does not envisage any strict liabilities. It is about a direct dialogue between the regulator and the market actors. Regular meetings are held to discuss problems and elaborate effective measures to further develop the industry and protect national producers against unfair competition. The domestic brewing industry
...More info on site
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India: United Breweries betting on its new Kingfisher Storm to wean away consumers from Carlsberg
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India’s largest beermaker United Breweries (UB) is betting on its latest strong brew, Kingfisher Storm, to wean away customers from rival Carlsberg that has steadily gained 15% market share over the past five years, the Economic Times reported on April 27.
Storm will directly compete with Carlsberg Elephant, Tuborg Strong, and the recently introduced Tuborg Classic. The product will be rolled out across India in the next 18 months. This is the most aggressive launch by UB in over eight years, said acompany official, requesting anonymity.
“There is a movement toward a smoother drinking experience — typically falling between 5% and 7% alcohol content," he said.
To ride out a prolonged slump in the beer industry that fell 2% in FY17, UB is banking on youngsters to spend more on a strong beer with a smooth taste.
According to experts, India’s beer market has traditionally been driven by strong beer, which accounts for about 80% of the country’s overall sales volume of 300 million cases. This year, the beer industry is expected to expand 5-7%, paced by premium product launches and expansions, according to the country’s top breweries.
UB, which has a market share of
...More info on site
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Ukraine: Persha Pryvatna Brovarnia to start brewing Czech beer Krušovice under license in early June
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Persha Pryvatna Brovarnia, an independent brewery based in Lviv, Ukraine, has received a license form Heineken Concern to produce Czech beer Krušovice and will start its production in early June, Interfax-Ukraine reported on April 27.
"This year we received a license from Heineken Concern to produce Krušovice and in a month will start producing this famous Czech beer," the co-owner of Persha Pryvatna Brovarnia Andriy Matsola said in an interview with Interfax-Ukraine.
He said that usually it takes three or five years to receive the beer production license from Heineken. Persha Pryvatna Brovarnia started negotiations with Heineken in 2012 and at the end of 2015 and early 2016 the brewery launched Heineken beer production in Ukraine under the license.
"The vice president of Heineken personally flew [to Ukraine] to inspect. The whole structure was inspected: from the head office, retail staff, atmosphere and policy of the company to tests of production facilities. In 2015, Persha Pryvatna Brovarnia was the fourth company in the world that received this license from Heineken, not being in ownership of the concern," Matsola said.
He said that Heineken does not plant to enter the Ukrainian market.
Persha Pryvatna Brovarnia was created in 2004. It manages two breweries with a total
...More info on site
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