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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles




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E-Malt.com Flash 36a
September 04 - September 06, 2017

Quote of the Week

Everyone has his own lifetime dream. Mine is that someday, in a tavern somewhere, I'll hold up a pitcher of beer like this and I'll say, Bartender? Could I have a glass? And he'll look back at me and say, Friend, this is the glass!
Joe Martin (Mister Boffo comic strip)

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Currency Rates


Base Currency: Euro
on September 06, 2017
Base Currency: US Dollar
on September 06, 2017
      1 EUR = 1.1890 USD
1 EUR = 0.9174 GBP
1 EUR = 1.4732 CAD
1 EUR = 1.4902 AUD
1 EUR = 129.9900 JPY
1 EUR = 3.7070 BRL
1 EUR = 68.7782 RUB
1 EUR = 7.7865 CNY
      1 USD = 0.8400 EUR
1 USD = 0.7706 GBP
1 USD = 1.2385 CAD
1 USD = 1.2524 AUD
1 USD = 109.1200 JPY
1 USD = 3.1288 BRL
1 USD = 57.8503 RUB
1 USD = 6.5402 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


September 06, 2017
French Barley/Malt
Crop 2017
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 188.50-190.50 down0.53%
6RW Malting Barley (FOB Creil) 159.00-161.00 down0.62%
2RS Malt (FOB Antwerp) 385.50-387.50 down0.32%
6RW Malt (FOB Antwerp) 349.50-351.50 down0.35%
Feed Barley (FOB Creil) 137.00-139.00up0.73%
German Malting Barley
Crop 2017
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,254.00-1,256.00 -
Malting Barley (West) 1,254.00-1,256.00 -
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,244.00-1,246.00 -
Malting Barley (West) 1,244.00-1,246.00 -
Canadian Barley/Malt
Crop 2017
CAD/T %
2-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malting Barley, bulk in store, Vancouver 367.00-369.00 -
6-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malt, bulk, truck/railcar, Winnipeg 609.00-611.00 -
2-Row Malt, bulk in store, Vancouver 629.00-631.00 -
6-Row Malt, bulk, truck/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 199.00-201.00 -
Feed Barley, basis Winnipeg 199.00-201.00 -
Feed Barley, bulk in store, Vancouver 261.00-263.00 -
US Barley
Crop 2017
USD/T %
2-Row Malting Barley, bulk, railcar Great Falls, Montana 159.00-161.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 109.00-111.00 -
Feed Barley, basis Minneapolis, Minnesota 95.00-97.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news Vietnam: Prime Minister approves plan to sell majority stake in Sabeco ...Click here
Brewery news Nigeria: Guinness Nigeria’s turnover increases 23% in FY 2017 ...Click here
Brewery news Romania: Alcohol consumption up 5% in 2016 ...Click here

Barley news USA & Canada: Barley crops affected by heat and drought, both countries expecting lower production this season ...Click here

Hops news Germany: Hop crop saved by late summer rains ...Click here


More Industry News


Brewery news USA: Constellation Brand’s latest craft beer acquisition should worry investors ...Click here
Brewery news India: United Breweries planning zero-alcohol beer launch ...Click here
Brewery news South Africa: South African Breweries to create as many as 10 thousand jobs through various programs ...Click here
Brewery news Thailand: New excise tax structure could lead to increase in beer prices ...Click here
Brewery news Kenya: Court reinstates orders stopping Heineken from terminating contracts with local distributors ...Click here
Brewery news UK: Craft beer names registrations more than double in 2016 versus 2007 ...Click here

Graph of the week



Source: Deutscher Maelzerbund e. V.

Table of the week

World Hops Production 2016-2017s


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


IS THIS CATTY IN MY BEER... OR BLACKCURRANT?

ABSTRACT
The latest issue of the Barth Innovation Newsletter is dedicated to a very specific compound that receives a lot of attention both scientifically, and by brewers: 4MMP (4-mercapto-4- methyl-2-pentanone). Depending on concentration and matrix, 4MMP can exhibit different flavours but is typically described as ribes, black currant, box tree, muscat grape, fuel and catty (cat urine). Black currant was the flavour described by Steinhaus when it was found as one of the most odor active volatiles in Cascade hops in 2006. In this work and the work of Kishimoto it became clear that this compound is present in much higher concentrations in U.S. bred varieties than European varieties. 4MMP is probably a factor in the complicated start of Cascade. Originally desired by big U.S. breweries as an aroma hop to replace European varieties, its "strange" flavour was not at first well appreciated – but that view has certainly changed!

Threshold values published for 4MMP are between 0.0015 and 1.5 ppb. Noticeable concentrations are reported by Steinhaus with 0.0017 ppb and reported transfer rates from hops into beer are reported with about 60% in a late-hopped beer. Gros et al reported on 4MMP in 2012, but using the different name of 4-sulfanyl-4-methylpentan-2-one (4S4MP). Beers latehopped with Tomahawk and Nelson Sauvin (from New Zealand) had concentrations of 0.023 ppb 0.127ppb respectively, much higher than in previous brewing trials. Also mentioned was 4MMP's presence as S-cystein conjugates in hops. The same team showed that 0.2 ppb of 4 MMP can be reached by bottle refermentation.

It is also clear that some fruity thiols such as 3MH and 3MHA (described as rhubarb and grapefruit) are also present in malt, often in conjugated forms. Though the concentration of free 4MMP and its precursors is higher in U.S. hop varieties like Citra, Cascade, Chinook, as well as some New Zealand and Australian varieties, the precursor form of 4MMP was also found to be present in Saaz, Strisselspalt and Mandarina Bavaria!

It has been shown that 4MMP degrades during beer storage. These fruity thiols are know to vanish rather quickly and it will be important to understand the exact mechanism behind this degradation behaviour. Another compound delivering a grapefruit like flavour is 3-mercapto-4-methylpentan-1-ol (3M4MP). Here the amount of the precursors are also much higher than the free form. So to get more of these fruity thiols, brewers might utilize yeasts that have the right enzymes to release these compounds, keeping in mind that the compounds' flavours may change (from pleasant fruity to unpleasant catty/fuel/burnt rubber) at certain concentrations... beer drinkers have very individual perceptions!

Though the term "catty" is used by many U.S. brewers and beer drinkers in a positive way... it is unappealing for Europeans, who are hesitant to use it and prefer an alternative such as black currant. The Barth experts admit that catty is a well established descriptor for many, but in establishing a universal language of hops, perhaps we should look for term that is equally understood and can be interpreted positively by everyone.

REFERENCES:

1. Kishimoto, T., Wanikawa, A., Kono, K., and Shibata, K. Comparison of the odor-active compounds in unhopped beer and beers hopped with different hop varieties. J. Agric. Food Chem. 54:8855-8861, 2006.

2. Kishimoto, T., Wanikawa, A., Kono, K., and Aoki, K. Odorants comprising hop aroma of beer: Hop-derived odorants increased in the beer hopped with aged hops. Proc. Congr. Eur. Brew. Conv. 31:226- 235, 2007.

3. Gros, J., Nizet, S., and Collin, S. Occurrence of odorant polyfunctional thiols in the Super Alpha Tomahawk hop cultivar. Comparison with the thiol-rich Nelson Sauvin bitter variety. J. Agric. Food Chem. 59:8853-8865, 2011.

4. Steinhaus, M. and Schieberle, P.: Transfer of the potent hop odorantslinalool, geraniol and 4-methyl-4-sulfanyl-2-pentanone from hops into beer. Proc. 31st EBC Congr., (2007), pp. 1004-1011

5. Dagan, L.: oral presentation at the World Brewing Congress in Denver, 2016

Source: Barth Innovations

These Days in Business History


04 September
1781 - Los Angeles founded by 44 in Bahia de las Fumas, (Valley of Smokes)
1813 - 1st U.S. religious newspaper Religious Remembrancer
1870 - 3rd French republic proclaimed as they overthrow their king
2001 - Tokyo DisneySea opens to the public

05 September
1888 - George Eastman patents 1st roll-film camera and registers "Kodak"
1957 - Ford Motor Co introduces Edsel
1958 - 1st color video recording on magnetic tape presented, Charlotte NC
1997 - Mother Teresa (Agnes Gonxha Bojaxhiu) dies of cardiac arrest at 87; Nobel (1979)

06 September
1620 - The Pilgrims sail from Plymouth, England, on the Mayflower to settle in North America
1819 - Thomas Blanchard patents lathe
1853 - Women's Right's Convention met (New York City)

Agenda


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)
28-30: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)


October 2017:
05-07: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
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 e-malt.com




BreweryBrewery News Brewery


Brewery newsVietnam: Prime Minister approves plan to sell majority stake in Sabeco
Vietnam’s prime minister has approved a plan to sell a majority stake in brewer Sabeco, a government committee said in a document seen by ...More info on site


Brewery newsNigeria: Guinness Nigeria’s turnover increases 23% in FY 2017
Guinness Nigeria Plc grew its top-line by 23 per cent to N125 billion in 2017 as Nigeria’s second largest brewer staged a major recovery ...More info on site


Brewery newsRomania: Alcohol consumption up 5% in 2016
A Romanian consumed 30.156 litres of alcoholic beverages on average in 2016, an increase by 5 percent compared with 2015. The biggest quantity is ...More info on site


Brewery news USA: Constellation Brand’s latest craft beer acquisition should worry investors
Constellation Brands just made its second craft beer acquisition, but probably won't begin buying up breweries to the same degree as Anheuser-Busch InBev, Madison.com reported on September 3.

Although the price paid also likely wasn't anywhere near the $1 billion it dropped on Ballast Point Brewing two years ago, it indicates the pace of craft brewery acquisitions might not abate anytime soon, and investors may not like the trend it portends.

The spirits, beer, and wine distributor purchased Florida-based craft brewer Funky Buddha Brewery for an undisclosed sum in early August, but noted it was both the largest microbrewery in south Florida by sales and volume as well as the fastest-growing craft beer in the state. At 54,000 square feet with a capacity of 45,000 barrels, Constellation says Funky Buddha is also Florida's busiest tap room by beer sales.

That ties in well with Constellation's acquisition of Ballast Point, which although much larger than Funky Buddha - producing at the time of the purchase some 4 million cases a year, or about 290,000 barrels - it was one of the fastest-growing craft brewers and it blended well into the ongoing trend of beer premiumization.

In fact, premiumization is occurring across almost all alcoholic ...More info on site


Brewery news India: United Breweries planning zero-alcohol beer launch
United Breweries will introduce a zero-alcohol beer by early next year, its managing director said, as the country’s largest beer maker seeks to use the full capacity of its brewery in Bihar where liquor is banned, and enter alcohol-prohibited markets, the Economic Times reported on September 4.

“We are working on a project to introduce non-alcoholic malt based beverages. We will manufacture these products at our Bihar site,” Shekhar Ramamurthy said.

“We are currently at an early stage of development and will introduce these products early next year.” He didn’t provide further details.

According to a person with direct knowledge of the matter, United Breweries that accounts for more than half the nation’s beer market is working on a name and evaluating the kind of product it wants to introduce. “No, this is not the same as the Heineken one,” the person said, speaking on the condition of anonymity.

The majority stakeholder in UB, Dutch-brewer Heineken recently launched an alcohol-free version of its namesake beer with half the calories of a standard Heineken in 17 markets globally.

For UB, the move will help the Kingfisher-maker push sales growth by re-establishing its presence in key states such as Kerala, Madhya Pradesh, ...More info on site


Brewery news South Africa: South African Breweries to create as many as 10 thousand jobs through various programs
South African Breweries Ltd. on September 4 unveiled plans to create as many as 10,000 jobs in the country through various programs it offers.

The new jobs are in addition to the commitments agreed with the government last year following the merger between AB InBev and SABMiller, SAB said in an emailed statement.

SAB offers two so-called kickstart programs focusing on youth-owned businesses; the SAB Foundation; an enterprise and supplier development fund, and agriculture initiatives to establish barley, hops, corn and malt industries, with a view to enabling the country to become a net exporter of hops and malt by 2021.


Brewery news Thailand: New excise tax structure could lead to increase in beer prices
The Thai Health Promotion Foundation expressed concern on September 2 that the new alcohol excise-tax structure would drive drinkers to consume more cheap white liquor at the expense of their health.

Foundation manager Supreeda Adulyanon said the number of estimated drinkers in the country has remained constant recently. Many people have turned to drinking beer instead of liquor, he said, but the new excise tax structure would cause beer to become more expensive in terms of its level of alcohol in comparison to that of white liquor.

Supreeda worries that drinkers may turn to white liquor, with a resulting increase in health problems.

The Finance Ministry is scheduled to enact a directive enforcing the new tax structure as of September 16. The new tax would be calculated based on retail prices rather than on producer prices as is now done. The new tax would create a level playing field for producers. Some critics have claimed that the current approach works to the benefit of some producers over others.

Those in favour of the new approach argue that market forces should decide retail prices and tax authorities should enforce the law accordingly.


Brewery news Kenya: Court reinstates orders stopping Heineken from terminating contracts with local distributors
A dispute pitting Dutch brewer, Heineken and three Kenyan distributors took another turn on August 31 after the High court reinstated orders stopping the firm from terminating their contracts, The Star reported.

Justice Joseph Onguto, in the ruling, said it will be in the interest of justice to reinstate the orders which lapsed on April 20 2017.

The orders stops Heineken from terminating the distribution agreement entered between it and Maxam Limited in relation to the supply of the firm’s products in the country.

Heineken had asked the court to reject the plea by Maxam to restore the orders, further accusing the distributors of engaging in delaying tactics to frustrate the hearing of the case.

However, Justice Onguto said neither Maxam, Modern Lane (Uganda) and Olepasu limited (Tanzania) the two other distributors, were to blame for the delay in prosecuting the suit filed way back in 2016.

"I have no doubt that the court may reinstate interim orders vacated on its own motion if circumstances so indicate. The order as extended shall subsist until 6 November 2017 when the matter will be heard in inter parties."

Justice Onguto further ordered Heineken through its lawyer Gitau Singh to file and serve their amended joint statements of defence ...More info on site


Brewery news UK: Craft beer names registrations more than double in 2016 versus 2007
The craft beer trend has led to the creation of so many weird and wonderful new brews that the number of registrations in the United Kingdom in 2016 was more than double the number in 2007, City A. M. reported on September 4.

According to figures from law firm RPC, there were 1,983 applications to register a new beer trade mark in 2016, increasing 104 per cent since just under a decade before when there were 968.

RPC said that a major factor in the growth was the uptake of the craft beer boom by supermarkets with the likes of Aldi and Tesco recently expanding their own-brand ranges to include "craft" style brews, as well as stocking a wider variety of existing beers.

The number of independent UK breweries also jumped, leading to a corresponding increase in the number of new beers. Last year 530 new breweries opened, up 33 per cent on the previous year.

“The craft beer sector has been booming - and now there are not only a number of new entrants, but also more established breweries, larger drinks corporations and supermarkets all wanting to establish a share in the market," said Jeremy Drew, a commercial partner at RPC.

But he added ...More info on site



BarleyBarley News Barley


Barley newsUSA & Canada: Barley crops affected by heat and drought, both countries expecting lower production this season
For a long time in June/July and till early August heat and drought affected crops along the border of Canada and the U.S., its ...More info on site



HopsHops News Hops


Hops newsGermany: Hop crop saved by late summer rains
Late summer rain has saved Germany’s hop crop, meaning brewers should now have enough of the key beer ingredient, the head of German-U.S. global ...More info on site


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