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E-Malt.com Newsletter 27b
July 06 - July 09, 2017
Quote of the Week
I've always believed that paradise will have my favorite beer on tap.
Rudyard Wheatley
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Currency Rates
Base Currency: US Dollar
on July 07, 2017 |
Base Currency: Canadian Dollar
on July 07, 2017 |
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1 USD = 0.8794 EUR
1 USD = 3.2941 GBP
1 USD = 1.2956 CAD
1 USD = 1.3167 AUD
1 USD = 113.2000 JPY
1 USD = 3.2941 BRL
1 USD = 60.2426 RUB
1 USD = 6.8016 CNY
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1 CAD = 0.7718 USD
1 CAD = 0.5961 GBP
1 CAD = 0.6787 EUR
1 CAD = 1.0162 AUD
1 CAD = 87.3600 JPY
1 CAD = 2.5423 BRL
1 CAD = 46.3598 RUB
1 CAD = 5.2492 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Great Western Malting completes expansion of Idaho malthouse
...Click here
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USA: 2017 seen as ‘especially slow’ for craft beer so far
...Click here
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Canada: Increasing demand for malting barley makes Canadian producers optimistic
...Click here
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Canada, ON: Nickel Brook Brewing Co. announces plans to build new facility
...Click here
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USA, CO: Denver’s Zephyr Brewing to relocate to bigger facility
...Click here
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Canada, ON: Shakespeare Brewing being established in Ontario’s Perth County
...Click here
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USA, IL: The Oswego Brewing Co. set to open its doors in early 2018
...Click here
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Canada, NS: FirkinStein Brewing opens second location in downtown Bridgewater
...Click here
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USA, NC: Pilot Brewing Co. planning to open in Charlotte in spring 2018
...Click here
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USA, MI: Bell's Brewery Inc. to invest more than $7 mln in quality, sustainability and beer production
...Click here
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USA, TN: Stars and Bars Brewing Co. coming to Clarksville in August
...Click here
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Canada, NB: Long Bay Brewery opens in the town of Rothesay
...Click here
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UK: Bairds Malt reports decline in turnover and pre-tax profits for year to September 30, 2016
...Click here
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Belgium: Axéréal invests EUR150 mln in expanding its malting business
...Click here
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Thailand: ThaiBev unlikely to suffer much from impending excise hike or year-long morning period
...Click here
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Thailand: Microbreweries gaining entry into Thailand’s beer industry
...Click here
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France: France’s barley exports outside the EU total 225,455 tonnes in May
...Click here
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Spain: Experts forecast increased demand for barley in Spain
...Click here
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Graph of the Week
Table of the Week
Austria Brewing Industry 1980-2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
MORE ABOUT BITTERNESS IN DRY
HOPPED BEERS
ABSTRACT
A German research team developed a method to
quantify nine hop flavonoids in a single HPLC-MS/MS
run. By doing so they discovered that in dry hopped
beer trials, the flavour threshold concentrations for the
bitter components co-multifidol glucoside, quercetin
glucoside, and kaempferol glucoside (1.8, 0.9, and 0.5
mg/L, respectively) were exceeded, meaning that these
compounds may contribute to the bitterness of dry
hopped beers.
Schmidt, Ch: LC-MS/MS analysis of hop flavonoids in dry-hopped beers, P008, EBC
Congress, Slovenia 2017
Source: Barth Innovations
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These Days in Business History
06 July
1785 - Congress resolves US currency named "dollar" and adopts decimal coinage
1885 - Louis Pasteur successfully tests an anti-rabies vaccine
1886 - Horlick's of Wisconsin offers 1st malted milk to public
1907 - Opening of Brooklands, in England - the world's first purpose-built motor racing circuit
1928 - In New York, the screening of the first film to include sound - 'The Lights of New York'
07 July
1550 - Chocolate introduced
1802 - 1st comic book "The Wasp," is published
1814 - The world's first authentic historical novel, 'Waverley' by Sir Walter Scott, is published
1891 - Travelers cheque patented
1929 - In Italy, the Vatican in the centre of Rome becomes a sovereign state
1954 - Elvis Presley makes his radio debut
08 July
1497 - Portuguese navigator Vasco da Gama sets sail from Lisbon in search of a sea route to India
1796 - U.S. State Department issues 1st American passport
1870 - Congress authorizes registration of trademarks
09 July
1815 - 1st natural gas well in U.S. is discovered
1875 - The Bombay Stock Exchange is founded in Bombay (now Mumbai), India
1953 - 1st helicopter passenger service, New York City
1957 - Announcement of discovery of atomic element 102 - nobelium
Agenda
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)
26-28: drink technology India 2017 (New Delhi, India)
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: Great Western Malting completes expansion of Idaho malthouse
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Great Western Malting in Pocatello, Idaho has been around for more than 30 years. Now it has grown in size. An expansion project for
...More info on site
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USA: 2017 seen as ‘especially slow’ for craft beer so far
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Despite the fact that the number of beer brands has proliferated in the US, the number of drinkers has not. Sales have been flat for a few years and 2017 has been especially slow so far, the Economist reported on July 6.
The volumes of beer sold at stores for the three months to June 17th were 1% lower than in the same period last year, according to Nielsen, a market-research firm. Brewers are now waiting with some anxiety for data about sales during the July 4th holiday. “The start of the year has been as bad as I can remember,” says Trevor Stirling of Sanford C. Bernstein, a research firm.
The dip is the result of two problems, one old and one new. First, the consumption of wine and spirits is growing more quickly than that of beer, and has been for nearly 20 years. Women are drinking more booze but often prefer wine and spirits. Men are turning to a wider range of drinks, including whisky and wine.
The second difficulty is that after years of effervescent growth, craft beer has gone flat. Volumes grew in 2016, but half as quickly as in 2015. In the 13 weeks to June
...More info on site
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Canada: Increasing demand for malting barley makes Canadian producers optimistic
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Canadian barley production has dropped 35 percent over the past 10 years as livestock operators switched to feed wheat, distillers dried grain and corn,
...More info on site
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Canada, ON: Nickel Brook Brewing Co. announces plans to build new facility
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Burlington, Ontario’s Nickel Brook Brewing Co. announced plans on July 5 to build an exciting new facility to allow for the continued growth of their core and speciality brands, Brewbound reported on the same day.
The decision to build a new, state-of-the-art brewery is a result of Nickel Brook’s exponential growth, with sales doubling every year since 2012. This new facility is planned for the Niagara wine region, while still maintaining the Funk lab facility in Burlington. Ryan Morrow will remain on as Nickel Brook’s Brew Master, and Patrick Howell will continue as the Head of Barrel Management.
With the construction of this new brewery, Nickel Brook will be able to keep up with increasing demands for its products in Ontario, across Canada and around the world. The company is also keen to expand its award-winning barrel-ageing program, and to bring in new tools and technologies that will allow its brewing team to explore new possibilities in craft brewing.
With the move to this new facility, Nickel Brook will be moving out of the current Hamilton facility, selling its stake in Arts & Science to Collective Arts. Nickel Brook will continue to brew its core brands and seasonal beers in Hamilton for
...More info on site
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USA, CO: Denver’s Zephyr Brewing to relocate to bigger facility
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Zephyr Brewing will close its garden-level space at the corner of 26th and Walnut streets later this month to open a production space in north Denver, where it plans to expand production and begin packaging beer. Although co-owner Brian Wood says he isn't sure when the brewery's last day in the River North neighborhood will be, Zephyr will host a moving party on Saturday, July 8, with live music, merchandise giveaways and $2 off all drafts from noon to 7 p.m., Westwood reports.
The new spot, at 58th Avenue and Franklin Street, is next door to Inland Island Yeast, a local company that grows and supplies yeast strains to dozens of Colorado breweries, including Zephyr.
"This facility will provide the space and logistics needed to expand production and introduce a bottling/canning line. There will also be a small taproom at this location," says brewery co-owner Brian Wood, adding that Zephyr will continue to make beer on its custom-built seven-barrel brewing system. "We hope to have less than a month of downtime between the closing of our RiNo location and the opening of the production facility."
Zephyr would like to open "a secondary taproom location" in the Denver metro area sometime this fall, but
...More info on site
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Canada, ON: Shakespeare Brewing being established in Ontario’s Perth County
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Ontario Beverage Network reports that a small village named after the world’s most famous dramatist will soon be home to a namesake craft brewery.
Shakespeare Brewing is being established by Ayden Gautreau and Katie Anderson in Shakespeare, a community near Stratford in Ontario’s Perth County.
Located in a former garage at 2178 Line 34, the brewery will offer a variety of beers developed by Gautreau – formerly assistant brewer at Bell City Brewing – and will feature a bottle shop for take-home sales.
Shakespeare Brewing is scheduled to open on Saturday July 15th.
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USA, IL: The Oswego Brewing Co. set to open its doors in early 2018
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The Oswego Brewing Co., Oswego's soon-to-be newest brewery, is set to open its doors in early 2018. The brewery will feature lots of beer and food trucks on weekends, the Patch reported on July 5.
"Catering to beer lovers of all walks, the brewery will feature 4-5 house beers available year round," according to a press release. It will also feature a rotating series of experimental beers, which they will use to try new styles and ingredients.
The establishment, which will be at 61 Main St. in the "basement" of the old Village firehouse, will seat 60 in the tap room and 20 in a meeting room. It will aim to "be a welcoming place where our customers can stop in for a beer, play a few board games, socialize with their friends and just feel at home."
They will make 2,000 to 2,800 barrels of beer a year. A barrel is 31 gallons, or two standard kegs. They will let customers see how the brewing process works by having the brew house located right behind the bar.
The brewery is hosting a Special Use Permit public hearing at 7 p.m. on Aug. 10, at the Village Hall.
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Canada, NS: FirkinStein Brewing opens second location in downtown Bridgewater
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Three months after it was originally announced, Nova Scotia nanobrewery FirkinStein Brewing has opened a second – and publicly accessible – location in downtown Bridgewater, Canadian Beer News reported on July 4.
Since its launch in September 2015, FirkinStein had been selling growlers to customers exclusively via home delivery and farmers’ market sales.
The new facility at 673 King St. includes a retail shop selling growlers and bottles, a taproom, and a 300-litre pilot brewing system.
The new location had a soft opening on July 1st, with official operating hours expected to be announced this week.
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USA, NC: Pilot Brewing Co. planning to open in Charlotte in spring 2018
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A new brewery is planning to open in spring 2018 on a busy, quickly changing strip of Central Avenue in Plaza Midwood, Charlotte, the Charlotte Observer reported on July 5.
Pilot Brewing Co. will open a 1,900 square-foot brewery and tap room at the new One305 Central apartment development at 1331 Central Ave., across the street from Midwood Smokehouse. It’s less than a block from the Thirsty Beaver, a quirky dive bar that’s surrounded by hundreds of apartments under construction.
The new brewery is owned by a husband-and-wife duo, Jeff Hudson and Rachael Cardwell, who are renovating the building to create an open and casual space in which customers can sit at the bar and watch the brewing, Cardwell said. Pilot’s space will also open up to a small patio that will be dog-friendly, she added.
“PBC will offer a sociable tasting room; a comfortable, casual bar and meeting place where friends can come to enjoy a pint together, watch local music, and engage in friendly social interaction in an actual brewery setting,” Cardwell wrote in an email to the Observer.
Cardwell last month left a job at NoDa Brewing Company to focus on Pilot – the name of which is a nod to
...More info on site
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USA, MI: Bell's Brewery Inc. to invest more than $7 mln in quality, sustainability and beer production
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Craft beer pioneer Bell's Brewery Inc. plans to pump more than $7 million into capital improvement projects in Comstock Township and Kalamazoo between now and the end of 2018, MLive.co reported.
The projects are related to quality, sustainability and beer production, according to information provided by the maker of Oberon, Two Hearted Ale and Kalamazoo Stout.
They will involve Bell's locations in Comstock Township, but will include its Kalamazoo brewing operations, the company says.
"We are deeply committed to our community in Comstock and will continue to invest additional resources so that we remain top in class further ensuring our commitment to quality," Bell's President and Founder Larry Bell stated in a late Thursday press release. "We also want to offer our partners and customers additional options. These new projects will help us accomplish both."
According to the company, the investment will include the addition of a pilot brewery and a new specialty packaging line, among other beer production related projects, at Bell's brewery in Comstock Township.
A smaller pilot brewery is also be added to Bell's original brewing location in downtown Kalamazoo, adjacent to its pub and restaurant, the Eccentric Cafe, the company said.
Other new projects are expected to include the creation of additional
...More info on site
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USA, TN: Stars and Bars Brewing Co. coming to Clarksville in August
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Clarksville has yet to jump on the micro-brewed beer train, but the tides are beginning to turn.
A new beer micro-brewery is coming to Clarksville this summer, the Clarksville Leaf Chronicle reported on July 6.
Stars and Bars Brewing Co., located at 1030 Progress Dr., will open in August.
Owner Josh Romaker is hoping to make micro-brew skeptics into believers with his "rustic, unapologetically patriotic brewery." He started a Kickstarter campaign to raise money to finish the bar in time for opening.
With almost a decade of home-brewing experience under his belt, Romaker is constantly challenging existing beers with new flavors and brews.
"We look at a beer and think 'we can do better,'" he said.
He's keeping nine beers and a homemade root beer on tap at all times, and promises a diverse selection of beers from light to stout, so there's something for everyone. As for food, he's inviting food trucks to park outside the bar.
Romaker's a strong believer in the power of sourcing products locally and maintaining a local feel. Stars and Bars will use ingredients sourced from Tennessee and equipment from the U.S.
He and his friends made most of the furniture in the bar from locally salvaged wood and materials.
Romaker is active
...More info on site
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Canada, NB: Long Bay Brewery opens in the town of Rothesay
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The Atlantic Canada Beer Blog reports that a new brewery has opened in the town of Rothesay, a suburb of Saint John in southern New Brunswick.
Long Bay Brewery opened last Friday June 30th with two beers available for growler fills – Chalice (6.5% abv, 25 IBU), a Belgian-style Golden Ale brewed with Grains of Paradise; and Bantam (5.5% abv, 40 IBU), an American Pale Ale dry-hopped with Cascade, Centennial, and Citra.
Long Bay is located at 82 Marr Road in Rothesay, and was open from 12:00 noon to 10:00 PM through the long weekend.
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UK: Bairds Malt reports decline in turnover and pre-tax profits for year to September 30, 2016
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One of the UK’s main maltsters has blamed “competitive pressures in the malting division on processing fees” for a drop in turnover and profits,
...More info on site
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Belgium: Axéréal invests EUR150 mln in expanding its malting business
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Groupe Axéréal said on July 5 it had invested EUR150 mln in the expansion of its malting business, La France Agricole reported.
The company increased
...More info on site
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Austria: Beer production up 2.2% last year
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Austria’s total beer output grew 2.2% to 9.497 mln hl last year, the Union of Austrian Brewers said in its annual report.
Domestic beer consumption
...More info on site
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EU: Winter barley output seen falling this year
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The European Union winter barley harvest is expected to be lower than last year mainly because of a fall in Spanish output due to
...More info on site
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Thailand: ThaiBev unlikely to suffer much from impending excise hike or year-long morning period
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CIMB Research is maintaining its “add” recommendation on Thai Beverage (ThaiBev) with an unchanged target price of S$1.07, The Edge Markets reported on July 7.
In a report on July 6, analyst Jonathan Seow expresses the view that any near-term consumption weakness which may arise from Thailand’s year-long mourning period or its impending tax hike would be temporary for the beverage company.
“Thaibev’s share price took a beating after its 2QFY17 results disappointed, with net profit falling 23% y-o-y. However, the share price has somewhat recovered since. We had always taken the view that Thaibev was merely facing mini headwinds due to the mourning period and we expect consumption to normalise over time,” notes Seow.
“A recent grumble we have been hearing is whether the latest excise tax will result in weaker volumes. Note that the magnitude and exact details of the new excise tax have yet to be announced,” he continues.
“Nonetheless, our analysis of tax hikes on Thaibev’s sales volumes over the last decade shows that tax hikes do not necessarily result in a drop in volumes. Even if they do, volume declines are never sustained over a prolonged period and volumes eventually recover.”
Instead, the analyst believes the excise hike
...More info on site
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Thailand: Microbreweries gaining entry into Thailand’s beer industry
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Thailand's 150 billion-baht (S$6.1-billion) beer market is controlled by two large companies: Boon Rawd, producer of Singha, and ThaiBev, producer of Chang, which between them garner a 90 per cent market share.
Still, despite the odds stacked against them, microbrewers are gaining entry into the industry, brewing uniquely flavoured craft beer that retails at four to five times the price of common lager found in convenience shops, The Straits Times reported on July 7.
Mr Wichit Saiklao is an unlikely upstart, having failed on his first attempt to brew beer five years ago using a DIY home-brewing kit. He forgot to add the yeast.
He finally succeeded on his third attempt. "My friend said while drinking: 'Chit, am I sitting somewhere in Germany or in some Bavarian field?'"
After that, Mr Wichit, 46, an electrical engineer, was inspired to continue brewing from a friend's house on Koh Kret island, about 24 km up the Chao Phraya river from central Bangkok.
He thought he would pursue beer brewing as a hobby upon retirement. But his plan got pushed two decades forward as word spread and people started flocking to the island to sample his home brews, aptly named Chit Beer.
But he soon ran into another hitch.
He
...More info on site
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France: France’s barley exports outside the EU total 225,455 tonnes in May
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France exported 225,455 tonnes of barley outside the EU in May, official customs data showed on July 7. The monthly volume was dominated by
...More info on site
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Spain: Experts forecast increased demand for barley in Spain
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There is the potential for increased demand for barley in the Spanish market after dryness was experienced across key growing regions this year, according
...More info on site
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Greece: Fine on Heineken upheld by Greek court
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Greece’s Macedonian Thrace Brewery (MTB) welcomed a damning appeals court judgment against Heineken’s 98.8 percent-owned Greek operating company, saying this clearly supports its claim for damages of €100 million-plus against Europe’s largest brewer, the Food Ingredients First reported on July 6.
The Administrative Appeals Court, in Athens, has upheld the substance of a 2015 landmark antitrust finding by the Hellenic Competition Commission (HCC) against Heineken’s subsidiary Athenian Brewery (AB) for nearly two decades of illegal anti-competitive market abuse in Greece. Following a 12-year-long HCC investigation, the longest in its history, AB, was found to have systematically abused its dominant market position in violation of Greek and EU competition law.
The Appeals Court upheld the substance of the HCC’s decision and after a technical adjustment to the original HCC fine, confirmed a record €26.7 million fine on Heineken’s operating company in Greece.
The HCC found overwhelming evidence that AB, which sells Alfa, Amstel and Heineken in Greece, implemented a targeted policy to exclude competitors from all channels – wholesalers, on-trade (e.g. HORECA – hotels, bars and restaurants) and off-trade retail outlets.
In February MTB launched a damages claim against Heineken and Athenian Brewery in the Court of Amsterdam, commercial division.
Demetri Politopoulos,
...More info on site
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