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E-Malt.com Newsletter 06b
February 11 - February 14, 2021
Quote of the Week
Hard work keeps the wrinkles out of the mind and spirit.
Helena Rubinstein
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Currency Rates
Base Currency: US Dollar
on February 12, 2021 |
Base Currency: Canadian Dollar
on February 12, 2021 |
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1 USD = 0.8245 EUR
1 USD = 0.7232 GBP
1 USD = 1.2690 CAD
1 USD = 1.2911 AUD
1 USD = 104.6800 JPY
1 USD = 5.3782 BRL
1 USD = 73.7246 RUB
1 USD = 6.4569 CNY
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1 CAD = 0.7879 USD
1 CAD = 0.5698 GBP
1 CAD = 0.6496 EUR
1 CAD = 1.0173 AUD
1 CAD = 82.4800 JPY
1 CAD = 4.2376 BRL
1 CAD = 58.0891 RUB
1 CAD = 5.0875 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Canada: Barley exports for present crop year forecast at up to 3.6 mln tonnes
...Click here
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USA, NC: D9 Brewing Company opening its third location in Hendersonville
...Click here
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USA, NC: Catawba Valley Brewing Co. announces acquisition of Skytown Beer Co.
...Click here
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USA, AL: Oak Mountain Brewing Company opens its doors in Pelham
...Click here
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World: Most leading beer producing countries report volume declines in 2020
...Click here
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EU: Malt exports increase by 8.9% in July-January 2020/21
...Click here
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World: Molson Coors reports $949 mln net loss for 2020
...Click here
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Thailand & Vietnam: ThaiBev’s beer unit posts 72.4% increase in net profit for first quarter through December 2020
...Click here
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World: Barley trade forecast increased in USDA’s February report
...Click here
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EU: Barley production estimated to have dropped to 54.422 mln tonnes this season
...Click here
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Ukraine: Barley export prices rise to an all-time high thanks to demand from China
...Click here
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Argentina: Barley crop much better than expected, average estimate is 4.1 mln tonnes
...Click here
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UK: Beer and pub sector pressing for reopening date
...Click here
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Graph of the Week
Table of the Week
World Hop Alpha Supply and Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Stabilize your bitterness by dry-hopping
ABSTRACT
It is well known that the bitter substances in beer undergo different degradation processes over time once bottled. However, there is not much data on the stability of bitter
substances in dry-hopped beers available. A new study investigated the stability of various bitter compounds in a lager type beer that was late and dry-hopped. The brewed beers
were stored for two years at 4 °C, 22 °C and 30 °C. The aging of the beers stored at 4 °C resulted only in minor changes. The beers stored at warm temperatures confirmed the high susceptibility of trans-iso-alpha acids versus the cis version to degradation (up to 8 times higher). The interesting result was found in the dry-hopped lager: all of the bitter substances in the dry-hopped beers showed less degradation due to ageing than those in the late-hopped beers. Whether the higher stability of the bitter substances in dry-hopped beer can be attributed to the changes in its composition through the addition of dry-hops was not clearly established. Additional polyphenols may play a beneficial role in this context.
REFERENCES:
A. Gahr, A. Forster, F. Schuell, S. Faltermaier and F. Kellerer. The stability of
bitter substances in beer during the ageing process. Brewing Science, 73 (November/December 2020), pp. 149-157
Source: Barth Innovations
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These Days in Business History
11 February
1809 - Robert Fulton patents steamboat
1826 - London University founded
1987 - British Airways begins trading stocks
12 February
1809 - Charles Darwin, England, discovered evolution
1877 - 1st news dispatch by telephone, between Boston & Salem
1998 - Intel unveils its 1st graphics chip i740
13 February
1741 - Andrew Bedford publishes 1st American magazine (American Magazine)
1895 - Moving picture projector patented
1980 - Apollo Computer Inc incorporated
2004 - The Harvard-Smithsonian Center for Astrophysics announces the discovery of the universe's largest known diamond, white dwarf star BPM 37093
14 February
1794 - 1st US textile machinery patent granted, to James Davenport
1924 - IBM Corporation founded by Thomas Watson
1946 - Bank of England nationalized
1946 - John W. Mauchly and J. Presper Eckert, Jr., officially unveil their Electronic Numerical Integrator and Computer, performing 5,000 additions and 300 multiplications per second and weighing more than 30 tons
2005 - YouTube is launched by a group of college students, eventually becoming the largest video sharing website in the world and a main source for viral videos
Agenda
February 2021:
23 - 24: IBD Asia Pacific Convention 2021 (Online)
March 2021:
16 - 16: Beviale Mexico 2021 (Online)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
12 - 14: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
20 - 20: EBC Symposium 2021 (Online)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 20: Beer 2021 (Sochi, Russia)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
News Articles
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Canada: Barley exports for present crop year forecast at up to 3.6 mln tonnes
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Canada’s barley crop 2020 is estimated at 10.74 mln tonnes vs. 10.38 mln tonnes in 2019. Barley export estimates for the present crop year
...More info on site
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USA, NC: D9 Brewing Company opening its third location in Hendersonville
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D9 Brewing Company is opening its third location, a microbrewery, taproom and coffee shop, later this spring on Main Street in downtown Hendersonville, the Hendersonville Lightning reported on February 10.
Located in the former Swanson’s piano store, the brewery will offer signature and limited releases from D9, as well as ciders on tap and wines from partner brands and will sell coffee from Main Street Coffee. D9 becomes the sixth craft brewpub in the downtown area and the first on Main Street.
Working closely with the Hendersonville Historic Preservation Commission, the new D9 brewery will respect the history of the space while bringing some new flavor to the area.
“We are excited to be a part of the community and to be a part of the growing craft brewing culture here,” Andrew Durstewitz, D9 founder and CEO, said in a news release. “We love having a location on Main Street with so much history and can't wait to be a part of its future. We're planning some pretty interesting and original products that will be specific to the area, and we're looking forward to unveiling those options to the community.”
Founded in 2014, D9 Brewing has continued to stand out from the craft beer
...More info on site
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USA, NC: Catawba Valley Brewing Co. announces acquisition of Skytown Beer Co.
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Catawba Valley Brewing Co., one of the Southeast’s oldest and largest family-owned craft brewers, has announced its expansion to North Carolina’s coast, having acquired Skytown Beer Co. at 4712 New Centre Drive in Wilmington, the Greater Wilmington Business Journal reported on February 12.
Family restaurateurs Hayley Jensen, Stephen Durley, Carol Jensen and Michael Jensen expanded upon their success with Beer Barrio by opening Skytown Beer Company in 2018.
The concept featured Jensen's and Durley’s national award-winning homebrew recipes paired with barbecue and pub fare.
“When the opportunity presented itself to pass the torch to a great company like Catawba, we were excited to see them take the concept to the next level,” Hayley Jensen said in a news release. “It’s a crazy time to be a restaurant owner, and when you’re approached with a great offer from someone you respect, you do your best to make a good business decision. We’re very happy.”
According to the release from Catawba, the company has been scouting locations in the Wilmington area for some time.
“We knew Hayley and Stephen from Beer Barrio, their Front Street restaurant, and a few very cooperative conversations with them resulted in us buying their brewery location," said Billy Pyatt, Catawba’s CEO and
...More info on site
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USA, AL: Oak Mountain Brewing Company opens its doors in Pelham
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Those looking for a place to sit down and enjoy a wide selection of beers can rejoice as Oak Mountain Brewing Company has opened its doors in Pelham, the Shelby County Reporter said on February 10.
The brewery brings a unique environment to the city, capitalizing on the increasing popularity of local breweries, while also providing a prime location for events, food trucks and other gatherings.
The company was started by Peter Genereux and Clay Baldwin who wanted to make high quality local beer available in the city. The two have an extensive background in the business with Genereux working as a beer and wine distributor for Alabama Crown, and Baldwin serving as the head brewer at Birmingham-based brewery Ghost Train.
“I always thought that this area was underserved,” Genereux said. “When the Birmingham Bulls started playing here, with Oak Mountain State Park being here and with LiveNation putting money into their property, it seemed like a great place that we could be a part of for the city.”
OMBC opened its doors to the public at a grand opening on Jan. 22, where many locals had a chance to come and check out the local and regional beverages that they are currently stocking.
“For
...More info on site
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World: Most leading beer producing countries report volume declines in 2020
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China’s 2020 beer sales are estimated at 341.1 mln hl, minus 7.04% versus 2019, H. M. Gauger GmbH reported earlier in February.
Germany saw beer
...More info on site
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EU: Malt exports increase by 8.9% in July-January 2020/21
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EU malt exports in July 1, 2020 – January 25, 2021 totalled 1.658 mln tonnes (in grain equivalent), plus 8.9 % y/y, H. M.
...More info on site
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World: Molson Coors reports $949 mln net loss for 2020
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Molson Coors Beverage Company reported on February 11 results for the 2020 fourth quarter and full year.
Fourth Quarter Highlights:
Fourth Quarter Net Sales Revenue decreased
...More info on site
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Thailand & Vietnam: ThaiBev’s beer unit posts 72.4% increase in net profit for first quarter through December 2020
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Beer and liquor giant Thai Beverage (ThaiBev) on February 11 said its brewery unit BeerCo, which it intends to spin off and list on
...More info on site
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World: Barley trade forecast increased in USDA’s February report
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World barley trade forecast for 2020/21 is increased to 29.776 mln tonnes from 29.151 mln in the January forecast, USDA reported on February 9.
Export
...More info on site
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EU: Barley production estimated to have dropped to 54.422 mln tonnes this season
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The EU Commission Barley Supply and Demand Balance of January 26 estimates the EU-27 barley production at 54.422 mln tonnes vs. 55.024 mln in
...More info on site
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Ukraine: Barley export prices rise to an all-time high thanks to demand from China
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Ukrainian barley export prices have risen to an all-time high supported by demand from China and expected export restrictions in Russia, APK-Inform agriculture consultancy
...More info on site
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Argentina: Barley crop much better than expected, average estimate is 4.1 mln tonnes
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Most Mercosur regions received needed rainfalls lately. Their crops of maize and soybeans look fair, which is essential for safeguarding world grain supplies, H.
...More info on site
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UK: Beer and pub sector pressing for reopening date
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UK’s beer and pub sector leaders are pressing the government to give them a reopening date, the BBC reported on February 9.
The industry is desperate to get back to business after repeated warnings many pubs will not survive.
The British Beer and Pub Association (BBPA) is asking the government for a clear timeline and a "roadmap to recovery".
The government insists that it has a plan for re-opening the economy which it will reveal after 22 February.
The BBPA said trading restrictions and lockdowns knocked sales by 56% - worth £7.8 bln - last year.
In the first lockdown in the second quarter of the year, beer sales plummeted by 96%, it said. Even during the summer, which saw the Eat Out to Help Out scheme and a temporary VAT cut on food and soft drinks, pub beer sales fell 27%.
The BBPA said that unless pubs received more assistance, even once they were allowed to reopen with far fewer restrictions, thousands would fail and be lost for good as many had built up substantial debts during the pandemic.
Its proposed roadmap states that, post-vaccination of the most vulnerable, pubs must reopen in unison with non-essential retail and other parts of the hospitality sector.
It also says
...More info on site
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