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E-Malt.com Newsletter 02b
January 11 - January 14, 2018
Quote of the Week
In Belgium, the magistrate has the dignity of a prince, but by Bacchus, it is true that the brewer is king.
Emile Verhaeren, Flemish writer
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Currency Rates
Base Currency: US Dollar
on January 12, 2018 |
Base Currency: Canadian Dollar
on January 12, 2018 |
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1 USD = 0.8340 EUR
1 USD = 0.7400 GBP
1 USD = 1.2545 CAD
1 USD = 1.2694 AUD
1 USD = 111.4900 JPY
1 USD = 3.2237 BRL
1 USD = 56.9957 RUB
1 USD = 6.5024 CNY
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1 CAD = 0.7970 USD
1 CAD = 0.5898 GBP
1 CAD = 0.6647 EUR
1 CAD = 1.0118 AUD
1 CAD = 88.8600 JPY
1 CAD = 2.5694 BRL
1 CAD = 45.2778 RUB
1 CAD = 5.1827 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, AZ: Nine Arizona breweries with plans to open or expand in 2018
...Click here
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Canada, NB: Niche Brewing launched in Hanwell, New Brunswick
...Click here
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USA, ME: Fogtown Brewing Co launched by two college classmates in Ellsworth
...Click here
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USA, OK: Muskogee Brewing Company to open in Muskogee in a couple of months
...Click here
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USA, ID: Slanted Rock Brewing Company to close due to lease expiry on January 27
...Click here
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EU: Malt exports in July-November 2017 decline by 2%
...Click here
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Russia: FIFA World Cup expected to benefit Russia’s beer sales
...Click here
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Japan: Asahi to make this year ‘the first year of its beer reform’
...Click here
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World: World barley trade forecast increased in USDA’s January report
...Click here
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Thailand & Singapore: ThaiBev reports higher overall net profit but beer business performance disappoints
...Click here
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EU: Grain crops reported to have avoided major weather damage so far
...Click here
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Argentina: Barley harvest basically finished with good yields and quality results
...Click here
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EU: Malting barley market remains lacklustre due to low activity
...Click here
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Denmark: Barley export surplus seen at up to 1 mln tonnes
...Click here
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Russia: Russia shipping barley at record pace this season
...Click here
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India: United Breweries shares up 6% following beer price hike
...Click here
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Graph of the Week
Table of the Week
World Beer Production by Continent 2013 - 2017f
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
PICK YOUR HOPS BEFORE THE ONION TAKES OVER!
ABSTRACT
Sulfur components in hops have many different faces.
Though we love them for bringing us flavors such as
rhubarb, passion fruit, grapefruit and black currant
flavours, they also surprise us with nasty flavours such
as onion-like, garlic-like or just cheesy. By name, these
are known as S-methyl-thioisobutyrate, S-methyl-thio-2-methylbutyrate, S-methyl-thioisovalerate, S-methylthio-4-methylpentanoate, and S-methyl-thiohexanoate.
One parameter that significantly influences the
formation of these compounds is the harvest time of
the hops. This article shows how the concentration of
the onion/garlic compounds increases during harvest
time for varieties as Cascade, Mandarina Bavaria,
Polaris, Hallertau Blanc and Hüll Melon. Although many
studies have shown that a later harvest brings a more
overall flavourful aroma profile for some varieties, e.g.
Hallertau Mittelfrueh (and I put here my hypothesis
that this includes many varieties that express intense
fruitiness such as Citra, Mosaic, Cascade, etc.), the
harvest date should be chosen carefully.
REFERENCES:
Kammhuber, K.: Influence of the Date of Harvest on the Sulphur Compounds of the Special
Flavour Hop Varieties Cascade, Mandarina Bavaria, Hallertau Blanc, Huell Melon and Polaris.
http://www.brewingscience.de/index.php?tpl=table_of_contents&year=2017&edition=0009%2F0010&article=90346
Source: Barth Innovations
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These Days in Business History
11 January
1757 - Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 - 1st American life insurance company incorporated, Philadelphia
1873 - 1st livestock market newspaper published, Drover's Journal, Chicago
12 January
1914 - Henry Ford announces that he will share the Ford Motor Co.'s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day
1970 - Boeing 747 makes its maiden voyage
1975 - Chrysler Corp offers 1st car rebates
13 January
1785 - John Walter publishes 1st issue of London Times
1942 - Henry Ford patents a method of constructing plastic auto bodies
14 January
1914 - Henry Ford introduces assembly line, for T-Fords
1935 - Oil pipeline Iraq-Mediterranean goes into use
1985 - British pound (£) sinks to record low-$1.11
Agenda
January 2018:
23-24: BevExpo 2018 (Coventry, UK)
26-28: Finest Spirits 2018 (Munich, Germany)
February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)
March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
16-18: Barcelona Beer Festival 2018 (Barcelona, Spain)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
News Articles
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USA, AZ: Nine Arizona breweries with plans to open or expand in 2018
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The movers-and-shakers of Arizona’s craft beer industry have some big plans for 2018 with new locations and expansions, ABC15 Arizona reported on January 8.
Here is a look at the already announced projects:
State 48 Brewery and State 48 Barrel & Lager House
Owner Mario Rana has two big projects this year. He's opening a second brewery in downtown Phoenix and a third brewery, State 48 Barrel & Lager House, in Scottsdale.
The downtown Phoenix brewery, which will also be called State 48 Brewery, will be housed within the historic Welnic Building near Fourth Avenue and Van Buren streets, across from The Van Buren music venue. Rana said permit delays have caused him to push back the opening.
"More than likely May or June," he said of a potential opening.
State 48 Barrel & Lager House will focus on "European style lagers and have a huge barrel aging program," according to an announcement posted to the brewery's Facebook page in December.
It will be part of a new building under construction near Frank Lloyd Wright Boulevard and Hayden Road where the Harley Davidson dealership used to be. It is slated to open late 2018, according to the Facebook post.
Mana said the two breweries will allow State 48
...More info on site
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USA, OH: Hop Tree Brewing up and running in Hudson
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Hop Tree Brewing is up and running in Hudson.
The production brewery and brewpub quietly opened its doors a few weeks ago after a lengthy construction and permitting process, the Akron Beacon Journal reported on January 9.
“It has been sort of weight-lifting to get some voices in here and hear some laughter in here and get things moving,” co-founder Greg McClymont said.
As you might expect from a place called Hop Tree, a tree plays a big role in the gray and black decor.
McClymont and co-founder Cory Ross, who both live in Stow, used a mighty oak from nearby S&S Sawmill to create a rough edge bar top. They filled in some of the openings in the wood with hops and barley before the top was sealed.
The tables and window sills also are rough edge wood — not to mention the wooden tap handles being carved from the tree.
Beer flights are served on hand-crafted tree branches.
Hop Tree has 10 beers on draft now. Three are staples and will always be around:
• Golden Genesis, a golden ale.
• Cuyahoga Brown, a brown ale with cherry wood smoked malt.
• Hop Tree IPA made with Citra and Amarillo hops. The IPA has been the top seller
...More info on site
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Canada, NB: Niche Brewing launched in Hanwell, New Brunswick
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The Atlantic Canada Beer Blog reports that a new brewery has opened in Hanwell, a small community near Fredericton in west-central New Brunswick.
Niche Brewing has been founded by veteran homebrewers Rob Coombs and Shawn Meek, who have launched with 2 barrel brewhouse and a focus on keg sales to local licensees, with no on-site retail store at this time.
The brewery released its first brand, Single Origin (5%), in late December. It’s described as follows:
“Single Origin is a Coffee Sweet Stout, a dark beer brewed with lactose powder to give it a lingering sweetness to balance the roast and chocolate character. After primary fermentation, we added freshly-roasted coffee from Jonnie Java Roasters in downtown Fredericton, to really boost the coffee aroma and flavour in the beer. Those of you who are a little wary around Stouts, don’t be! This isn’t a strong beer, and is something we hope everyone will enjoy.”
Mines of Wallonia (3.6% abv) followed last week, with the following brief notes:
“A Grisette, hopped and dry hopped generously with Hallertau Blanc and Nelson Sauvin. Fermented with French Saison yeast to make it spicy and dry.”
Orange Creamsicle IPA, “a Milkshake IPA featuring the addition of lactose, vanilla bean, orange zest, and
...More info on site
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USA, ME: Fogtown Brewing Co launched by two college classmates in Ellsworth
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Ian Hayse and Jon Stein had a simple goal when they first started brewing: they “wanted to be able to drink nice beer.”
College classmates at Colorado College in Colorado Springs, the friends learned how to home brew in small batches and kept at it in the years after college. That work and accumulated experience has now culminated in the opening of Fogtown Brewing Co. The microbrewery is located below Atlantic Art Glass at 25 Pine St., Ellsworth, the Ellsworth American reported on January 9.
The business partners worked throughout 2017 on transforming the basement space into a combination brewery (located in the back of the space) and a tasting room. They opened their doors to customers in December. Their winter hours are from 4 to 10:30 p.m. Thursday through Saturday.
Six different beers have been on tap at Fogtown in its first few weeks: Farmhouse Saison, Red Rye Ale, Vienna Pilsner, Munich Lager, Session Maine Coast India Pale Ale and American Stout. In addition to offering its beers at 25 Pine St., Fogtown also has partnered with local bars and restaurants to effectively extend its tasting room. Each place has carried a Fogtown beer on tap to give customers there a chance
...More info on site
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USA, OK: Muskogee Brewing Company to open in Muskogee in a couple of months
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In a couple months, Muskogee will have its very first brewery inside Station 1, a fire department with decades of history, KTUL reported on January 8.
It wasn’t Bill Parris’ original idea until he and his business partner found themselves at Station 1.
“The city was about to demolish it,” he said. “So we got involved and saved the building and made it our home for the brewery.”
Muskogee Brewing Company is now two years in the making. The building needed a lot of work.
“It was in pretty rough shape,” Parris said.
They came across some neat finds along the way.
“This building was built in 1904 so this is the first brick firehouse,” Parris said. “Underneath the concrete floor we found the original brick floor. So all of the brick is all Muskogee brick. If we could keep it in the building then we left it in the building.”
That original vibe is exactly what Dustin Russell, owner of Bent Nail Woodshop is trying to maintain while building the woodwork inside.
“To me it’s kind of like art in a way,” he said. “You’ve got to figure out what would you have and what would you do with it to make it look the best. I’ve
...More info on site
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USA, ID: Slanted Rock Brewing Company to close due to lease expiry on January 27
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Slanted Rock Brewing Company will close Jan. 27 after five years in Meridian, the Meridian Press reported on January 8.
Managing partner Bob Lonseth said the lease is up on the brewery and they're looking at options but aren't sure what to do next. He added they would like to stay in Meridian if the right opportunity comes along.
“We're looking for the right place, right time and right price,” Lonseth said.
The brewery is at 2374 E. Cinema Drive, Suite 100 near Majestic Cinemas. Slanted Rock was founded by Bob and Alesa Lonseth. The brewery opened on New Year's Eve of 2012.
Slanted Rock beer is sold in-house and at local restaurants.
The brewery will have $2 beers through the rest of the month, Bob Lonseth said. Slanted Rock is open 4-9 p.m. Thursday and Friday and 12-9 p.m. Saturday.
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EU: Malt exports in July-November 2017 decline by 2%
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As per customs surveillance, EU malt exports during July 1 - November 28, 2017 were 1.19 mln tonnes (in grain equivalent), H. M. Gauger
...More info on site
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Russia: FIFA World Cup expected to benefit Russia’s beer sales
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The 2018 FIFA World Cup which will take place in Russia this year is expected to boost the nation’s beer sector which may show
...More info on site
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Japan: Asahi to make this year ‘the first year of its beer reform’
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For years, 100 million was a sacred number for Asahi Super Dry, Japan's favorite beer. For since 1989, just two years after its debut,
...More info on site
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World: World barley trade forecast increased in USDA’s January report
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World barley trade 2017/18 is forecast at 26.24 mln tonnes in USDA’s January report as compared to 25.84 mln forecast last month.
Barley
...More info on site
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Thailand & Singapore: ThaiBev reports higher overall net profit but beer business performance disappoints
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Thai Beverage Public Company Limited's (ThaiBev) net profit for 2017 hit $1.44 bln (THB34.68 bon), an increase of 38.5% or $401.11 mln (THB9.65b) from
...More info on site
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EU: Grain crops reported to have avoided major weather damage so far
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Grain crops in the European Union have avoided major damage so far this winter amid relatively mild weather, shifting market attention toward spring crops
...More info on site
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Argentina: Barley harvest basically finished with good yields and quality results
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Harvest is basically finished in Argentina with good results, both in terms of yields and quality, GrainCom said in their latest newsletter on January
...More info on site
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EU: Malting barley market remains lacklustre due to low activity
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The EU malting barley market is still very lacklustre with limited turnover, GrainCom analysts said in their latest report.
The nominal values in the
...More info on site
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Denmark: Barley export surplus seen at up to 1 mln tonnes
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The export surplus of Denmark’s barley crop 2017 is seen at 0.9 to 1.0 mln tonnes, H. M. Gauger GmbH analysts reported in December.
...More info on site
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Russia: Russia shipping barley at record pace this season
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Russia is exporting barley at a record pace in the current 2017/18 season, UkrAgroConsult reported on January 11.
In November 2017, the nation shipped 489.4 thousand tonnes of barley, or 87% more than in November 2016.
Russia supplied over 3 mln tonnes of barley to foreign markets during the first five months of the season, or 78% more than at the same time last marketing year (1.69 mln tonnes). So, Russian barley exports hit a record high for this period.
According to UkrAgroConsult’s estimates, Russian barley exports may exceed 5 mln tonnes in the 2017/18 season.
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India: United Breweries shares up 6% following beer price hike
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United Breweries shares rallied nearly 6 percent intraday to hit a fresh record high of Rs 1,199 on Thursday, January 11 following beer price hike, Moneycontrol.com reported.
CNBC-TV18 reports quoting Cogencis that the company has hiked its Kingfisher beer price by 7-8 percent in Mumbai.
Meanwhile, company's gross revenues in July-September quarter grew by 24 percent and revenue net of duties increased 23 percent, driven by price increases, positive state and brand mix, as well as beer exports.
The company had commenced direct export of beer from April 2017.
During the quarter, United Breweries's volume growth at 11 percent was ahead of industry growth of 5 percent while operating growth was at 72 percent YoY.
At 15:16 hours IST on January 11, the stock price was quoting at Rs 1,188.00, up Rs 56.40, or 4.98 percent on the BSE.
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