|
Newsletter Summary
Last five graphs
Note: All graphs issued with e-malt.com newsletters
are published in "Graph" section
of e-malt.com site.
Last five tables
All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.
Last five prices evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 30b
July 27 - July 30, 2017
Quote of the Week
Beer does not make itself properly by itself. It takes an element of mystery and of things that no one can understand.
Fritz Maytag
|
You are one of the
54,000 professionals of the brewing and malting industries
from
195 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: US Dollar
on July 28, 2017 |
Base Currency: Canadian Dollar
on July 28, 2017 |
| |
1 USD = 0.8543 EUR
1 USD = 0.7627 GBP
1 USD = 1.2485 CAD
1 USD = 1.2496 AUD
1 USD = 111.2100 JPY
1 USD = 3.1444 BRL
1 USD = 59.4102 RUB
1 USD = 6.7391 CNY
|
|
1 CAD = 0.8008 USD
1 CAD = 0.6108 GBP
1 CAD = 0.6841 EUR
1 CAD = 1.0007 AUD
1 CAD = 89.0600 JPY
1 CAD = 2.5181 BRL
1 CAD = 47.6241 RUB
1 CAD = 5.3968 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA, NY & CA & CO: Brooklyn Brewery buys minority stakes in 21st Amendment Brewery and Funkwerks
...Click here
|
|
USA, GA: New Orleans’ Dixie Beer poised for a comeback
...Click here
|
|
USA: Boston Beer Co. reports flat shipments in Q2 this year
...Click here
|
|
USA, CO: The Post Brewing Company to open second location in Boulder this fall
...Click here
|
|
Canada, ON: Orange Snail Brewers preparing to open larger location in Milton
...Click here
|
|
Canada, AB: Oldman River Brewing slated to open its doors in Lundbreck on July 29th
...Click here
|
EU: Barley harvest almost finished in France, focus now shifting to the UK and Scandinavia
...Click here
|
|
Kenya: East African Breweries Limited’s full-year net profit up 6%
...Click here
|
|
Germany: Spring barley harvest expected to fall 3.3% this year
...Click here
|
|
Croatia: Beer becoming more popular among Croats with currently about 30 craft breweries open in the country
...Click here
|
World: Diageo’s organic net sales up 4% in its 2016/17 financial year
...Click here
|
|
UK: Diageo raises profitability target, announces share buyback
...Click here
|
|
Taiwan & Vietnam: Taiwan Tobacco & Liquor Corp to debut in Vietnam with three beers in October
...Click here
|
|
India: Diageo asks Vijay Mallya to return $40 mln paid for his exit from United Spirits Ltd
...Click here
|
Graph of the Week
Table of the Week
Russia Barley Supply & Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
COMPLEXITY OF BEER BITTERNESS
ABSTRACT
A UK research team developed a sensory bitterness
lexicon to describe many types of differently hopped
beers. With sensory PCA analysis, they concluded
that beers low in hop bitter acids and polyphenols were
described as having artificial, rounded, and diminishing
bitterness. Conventionally hopped beers high in hop
acids, e.g. alpha-acids, were rated as having a sharp and
instant bitterness. While beers bittered with a blend
of tetra and pre-isomerised iso-alpha-acid products were
shown to have a smooth and diminishing bitterness. The
bitterness of dry-hopped beers high in hop bitter acids
and polyphenols was perceived as harsh and progressive.
Oladokun, O. et al: New insights into bitterness perception of beer. Lecture 34, EBC Congress,
Slovenia 2017
Source: Barth Innovations
|
These Days in Business History
27 July
1694 - The Bank of England opens for business in London to print currency and manage the national debt. It goes on to become one of the world's most effective central banks
1866 - Atlantic telegraph cable successfully laid (1,686 miles long)
1971 - Merrill Lynch & Co. goes public, becoming the first New York Stock Exchange firm to do its own initial public offering on the NYSE
28 July
1866 - Metric system becomes a legal measurement system in US
1900 - Hamburger created by Louis Lassing in Connecticut
1978 - Price of gold tops $200-an-oz level for 1st time
29 July
1914 - 1st transcontinental phone link made between New York City & San Francisco
1952 - 1st nonstop transpacific flight by a jet
1956 - Jacques Cousteau's Calypso anchors in 7,500 m of water (record)
30 July
1863 - Henry Ford, car manufacturer was born
1897 - German chemist named Felix Hoffman synthesizes a stable form of acetylsalicylic acid in a laboratory in Berlin. The head of Bayer's pharmacological institute, Heinrich Dreser, soon names the product "aspirin," and it becomes the best-selling drug of all time
1928 - George Eastman demonstrates 1st color movie
1962 - The Trans-Canada Highway, the largest national highway in the world, is officially opened
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
|
USA, NY & CA & CO: Brooklyn Brewery buys minority stakes in 21st Amendment Brewery and Funkwerks
|
New York based Brooklyn Brewery has taken minority stakes in both San Francisco’s 21st Amendment Brewery (21A) and Fort Collins, Colorado’s Funkwerks. The trio is creating a combined sales team, Beer Street Journal reported on July 27.
The baseline purpose of this deal is competition. The beer industry in the United States is rapidly changing as big beer companies, like Anheuser Busch InBev and Heineken, are purchasing craft breweries, plus the growth of private equity-backed breweries.
Rather than shop for a buyout, it is time to join forces.
Brad Lincoln, co-founder of Funkwerks tells Beer Street Journal that their brewery only has two salespeople, both in Colorado, yet ships to seven states. “We can’t afford more employees to compete in the markets that sustain us,” he said.
It’s a known fact that sales generally increase in distribution territories that have salespeople. 21A ships to 24 states, and boasts a 20 person sales team. Brooklyn touts nearly that many for just New York City.
The search for a solution rather than a cash-out led Lincoln to his close friend Dave Duffy, who is the vice-president of business development at Brooklyn Brewery. “Brooklyn is seasoned in brewery partnerships both here and abroad. They understand the challenges,” Lincoln
...More info on site
|
|
USA, GA: New Orleans’ Dixie Beer poised for a comeback
|
Once on the verge of joining K&B, Maison Blanche and a host of other local institutions on the “ain’t dere no more” list, New Orleans’ Dixie Beer could be poised for a comeback, WWL reported on July 27.
The local brew, once popular with New Orleanians of a certain generation before a notorious “bad batch” in 1975 and other missteps sent its fortunes south, will return to barrooms and stores after Tom and Gayle Benson announced on July 27 they have purchased a majority share in the struggling brewery.
“Gayle and I could not be more excited,” Tom Benson said in a prepared statement. “Dixie Beer was lost to time, storms and even economic changes, but it is part of the social fabric of our city, and needs to be back home.”
Hurricane Katrina swamped Dixie’s former Tulane Avenue home, a crumbling century-old red brick building with a signature silver cupola, which was later expropriated as part of the new VA Hospital.
Despite that, Joseph and Kendra Bruno, who bought the brewery in 1985 and will continue with the company as minority owners, fought to keep the brand alive, brewing it out of state. But that will soon change.
Benson said he is looking to
...More info on site
|
|
USA: Boston Beer Co. reports flat shipments in Q2 this year
|
Boston Beer Co.'s stock was brewing up gains on Friday, July 28, Food Dive reported.
Shares in the maker of Sam Adams surged 20 percent Friday, July 28 morning, before giving back some ground. The stock was up 18 percent at midday.
The company reported fiscal second-quarter earnings per share of $2.35 and revenue of $247.9 million on July 27 after the bell, crushing Wall Street's expectations of $1.41 and $222.7 million, respectively.
In the year-earlier quarter the company posted profit per share of $2.06 on revenue of $244.08 million.
Boston Beer grew its margins to 54.1 percent from 51.8 percent in the year-ago quarter, which it credited to lower brewery processing costs. The company decreased its depletions by 3 percent and its administrative expenses by $2.4 million.
However, shipment volume was flat from the year-earlier quarter. Sales of Truly Spiked & Sparkling, hard sparkling water, and Twisted Tea, spiked iced tea, fueled sales, rather than the company's namesake product: beer.
On an earnings call, CEO Martin Roper said Angry Orchard and Sam Adams "stumbled out of the gates" in the first half of the year.
"We are not happy with where we are," Roper said. "And we are putting programming in for (the third
...More info on site
|
|
USA, CO: The Post Brewing Company to open second location in Boulder this fall
|
The Post Brewing Company plans to open a second location in Boulder later this fall, 303 Magazine reported on July 27.
Although the original location is in Lafayette, this Boulder opening is almost like a homecoming for the brewery. As a Boulder native, owner Dave Query has long hoped to bring The Post to his hometown.
Denver residents may recognize The Post from its sister restaurant The Post Chicken and Beer on South Broadway in the city. Both concepts are part of Query’s Big Red F Restaurant Group — which also includes Lola Coastal Mexican and Jax Fish House.
The Post Boulder will open in the space currently housing the Shine Restaurant and Gathering Place. Query plans to sign the lease on September 20 and begin preparing for an opening later in the year. On top of a full brewery, the Post Boulder will also house an event space.
As for food and drink, Brewmaster Brad Landman and lead brewer Nick Tedeschi will oversee the beer side of the business. Chef and partner Brett Smith will handle the grub — much of which is similar to Denver’s Post Chicken and Beer. The menu will feature Colorado-style chicken, local farm-fresh sides and homemade desserts.
|
|
Canada, ON: Orange Snail Brewers preparing to open larger location in Milton
|
Ontario beer news website What’s Brewin’ reports that the only brewery in Milton, a suburban community west of Toronto, is preparing to open a new and larger location.
Orange Snail Brewers closed its original location at 295 Alliance Road last Friday July 21st, and will be opening its new facility at 32 Steeles Ave East on Saturday July 29th following four months of construction.
Orange Snail was launched in early 2015 by co-owners Damion Orsi and Kevin Greer, and produces several brands including Iron Pig Pale Ale, 16 Jasper IPA, and Rattle ‘n’ Nemo Red Ale.
|
|
Canada, AB: Oldman River Brewing slated to open its doors in Lundbreck on July 29th
|
The newest small brewery in Alberta has announced that it will be opening to this public this coming weekend in Lundbreck, a hamlet located just over 100 km west of Lethbridge in the southwestern corner of Alberta, Canadian Beer News reported on July 26.
Oldman River Brewing has been founded by married couple Brittney and Adam Wilgosh and their friend Dan Christensen, all longtime residents of the community.
Located at 101 Breckenridge Avenue, the brewery has been in the works for more than two years, and has given an advance taste of its beers to attendees at community events while the final touches were being put on the brewery and taproom.
The official opening will take place on July 29th and 30th from 10:00 AM to 8:00 PM each day, and will feature several beers including the flagship Blue Bridge Lager, as well as food from local businesses including Lundbreck Pizza.
|
|
World: AB InBev’s beer volumes up 2.1% in Q2 2017
|
|
World's largest brewer Anheuser-Busch InBev SA/NV, also known as AB InBev, missed the earnings estimate of analysts polled by Zacks for the sixth straight
...More info on site
|
|
Brazil: Ambev reports 0.7% decline in EBITDA in Q2
|
|
Ambev S.A. announced on July 27 its results for the 2017 second quarter. The following operating and financial information, unless otherwise indicated, is presented
...More info on site
|
|
EU: Barley harvest almost finished in France, focus now shifting to the UK and Scandinavia
|
|
In France, the spring barley harvest has almost finished. Results are generally satisfying in terms of quality except protein content in the eastern part
...More info on site
|
|
Kenya: East African Breweries Limited’s full-year net profit up 6%
|
|
Kenya's East African Breweries said net profit for the year through June rose 6 percent to 8.5 billion Kenyan shillings ($81.89 million), helped by
...More info on site
|
|
France: Barley harvest advances despite rain
|
|
The harvesting of wheat and barley crops in France had reached its latter stages by July 24, data from farm office FranceAgriMer showed on
...More info on site
|
|
Germany: Spring barley harvest expected to fall 3.3% this year
|
|
Germany's harvest of spring barley, largely used for malt and beer production, will fall 3.3 percent on the year to around 1.72 million tonnes,
...More info on site
|
|
Croatia: Beer becoming more popular among Croats with currently about 30 craft breweries open in the country
|
|
The latest data from the Association of Breweries of the Croatian Chamber of Commerce (HGK) show that beer is becoming more popular among Croats
...More info on site
|
|
World: Guinness sales unchanged globally last year
|
|
Guinness sales were unchanged last year globally but rose in slightly in Ireland due to the continued success of Hop House 13 lager. Other
...More info on site
|
|
World: Diageo’s organic net sales up 4% in its 2016/17 financial year
|
|
Diageo, the world’s largest spirits producer, saw its organic net sales grow by 4% to reach £12.1 billion (US$15.8 bln) in its 2016/17 financial
...More info on site
|
|
UK: Diageo raises profitability target, announces share buyback
|
Britain's Diageo raised its profitability target and announced a share buyback programme on July 27, sending shares in the world's largest spirits company to an all-time high, Reuters reported.
Analysts said the influence of the new chairman, Javier Ferran, was being felt with a tight rein on costs at the firm that makes Johnnie Walker whisky and Smirnoff vodka.
Diageo, whose shares jumped more than 6 percent, reported sales of 12.05 billion pounds ($15.83 billion) in the year ending June 30, up 4 percent excluding the impact of the weak British pound, which boosts the value of overseas revenue.
Operating profit rose about 6 percent to 3.6 billion pounds, excluding the currency benefit, due to improvements in productivity and cost-savings.
"We had expected new chairman Ferran to bring greater rigour on costs, however the upgrade has come sooner than expected," Jefferies analyst Edward Mundy said in a note.
Earnings would get a 1 percent lift this financial year from the buyback and 2 percent next year from the higher margin target, he said.
Ferran, a private equity specialist with a background in consumer goods, took up the post of chairman in January.
The buyback and new margin target suggest Diageo is heeding demands made by shareholders of
...More info on site
|
|
Taiwan & Vietnam: Taiwan Tobacco & Liquor Corp to debut in Vietnam with three beers in October
|
Taiwan Tobacco & Liquor Corp (TTL) is to make its market debut in Vietnam by introducing three beers in October, as the company taps into the Southeast Asian market in line with the government’s New Southbound Policy, Taipei Times reported on July 28.
The overseas expansion follows its entry into the Philippine market in January. Its previous expansion in Southeast Asia was in Singapore in 2011, the company said.
“We are accelerating our pace to expand our reach in Southeast Asia,” TTL vice president Chang Lei-min told reporters on July 26 after the opening ceremony of the Taiwan Expo in Ho Chi Minh City.
Vietnam is the biggest market for beers in Southeast Asia and the third-largest in Asia. The nation’s beer consumption reached 3.8 billion litres last year, TTL said.
As international and domestic beer companies are boosting their presence in Vietnam, TTL selected three products — Golden Medal Taiwan Beer, Taiwan Beer Sweet Touch and its pineapple flavored beer — to differentiate itself from the competition, Chang said.
“We have not seen fruit-flavored beer in [Vietnam]. This is an opportunity for us to grow in the market,” he said.
TTL will gradually increase its product portfolio in the Vietnamese market, he said.
The company aims
...More info on site
|
|
India: Diageo asks Vijay Mallya to return $40 mln paid for his exit from United Spirits Ltd
|
British liquor giant Diageo on July 27 said it has asked beleaguered businessman Vijay Mallya to return $40 million paid to him as part of the $75 million (Rs 515 crore) sweetheart deal for his exit from United Spirits Ltd, the India Times reported.
Diageo has stopped payment of $7 million a year to Mallya as part of the deal and sought compensation for the losses incurred by it.
The British firm had agreed to pay Mallya, who now lives in the UK after Indian banks approached courts to recover money lent to his now defunct airline, $75 million over five years as global non-compete and non-interference fee post his exit from United Spirits (USL).
Citing violation of the agreement by Mallya, Diageo has also ruled out the future instalments to him, saying "it was not liable to pay such amount."
"Diageo and other group companies have demanded from Mallya the repayment of $40 million which was paid by Diageo on 25 February 2016, and also sought compensation from him for various losses incurred by the relevant members of the Diageo group on account of the breaches committed by him," Diageo said in its Preliminary Results for the year ended
...More info on site
|
|
Register a new user (free of charge).
Top
Top News