Articles Tagged with 'Beer Institute'

Beer Market Share Falls Below 50 Percent in 2018

Beer Market Share Falls Below 50 Percent in 2018

Beer no longer holds a majority of the share of total alcohol servings in the U.S. Beer Institute chief economist Michael Uhrich reported today during a State of the Industry presentation that beer’s share of total alcohol servings fell to 49 percent, down about 1 percent, as hard liquor (35.6 percent) and wine (15.4) both gained share.

Beer Category Health Initiative Jeopardized by Bud Light’s Corn Syrup Ads

Beer Category Health Initiative Jeopardized by Bud Light’s Corn Syrup Ads

The fragile alliance among the United States’ largest beer producers is at risk following Anheuser-Busch InBev’s Super Bowl ads for Bud Light that highlighted its ingredients and the use of corn syrup in competitor offerings Coors Light and Miller Lite, made by MillerCoors.

Last Call: Receiver Reaches Agreement to Sell DME Group’s Main Business

Last Call: Receiver Reaches Agreement to Sell DME Group’s Main Business

In this week’s edition of Last Call: Alvarez & Marsal reaches an agreement to sell DME Group’s main business; lawmakers threaten to limit dates for Boston beer gardens; and the U.S. House introduces the Craft Beverage Modernization and Tax Reform Act.

US Senators Seek Permanent Tax Relief for Alcohol Producers

US Senators Seek Permanent Tax Relief for Alcohol Producers

With tax breaks for alcohol producers set to expire at the end of 2019, the push to make excise tax relief permanent officially started today as the Craft Beverage Modernization and Tax Reform Act (CBMTRA) was reintroduced into the U.S. Senate by Sens. Ron Wyden (D-OR) and Roy Blunt (R-MO).

Press Clips: Reyes Buys Constellation Portfolio from Ace

Press Clips: Reyes Buys Constellation Portfolio from Ace

In this week’s edition of Press Clips: Reyes buys the Constellation Brands portfolio from Ace; beer shipments are down 2.1 percent in 2018; the U.S. brewery count eclipses 7,000; Utah mandates tests to ensure 3.2 ABW; and more.

Trade Groups Form ‘Beer Growth Initiative’ Aimed at Improving Category Health

Trade Groups Form ‘Beer Growth Initiative’ Aimed at Improving Category Health

In an effort to curb beer’s dwindling share of the broader alcohol market, three major trade associations — the National Beer Wholesalers Association (NBWA), the Brewers Association (BA) and the Beer Institute (BI) — have formed a group tasked with improving the health of the beer segment. During the NBWA’s annual convention Monday, outgoing chairman Jim Matesich announced the the formal launch of the “Beer Growth Initiative.” The effort is being spearheaded by alcoholic beverage consultancy Tamarron, along with leaders from the NBWA, BA and BI who are serving on a steering committee.

Platts to Publish Alternative Prices for Non-Tariffed Aluminum and Scrap Metal

Platts to Publish Alternative Prices for Non-Tariffed Aluminum and Scrap Metal

A month after a bipartisan group of Congressional members called on the Department of Justice (DOJ) to investigate potential irregularities in the aluminum market, Platts, the group responsible for helping set the price of the metal purchased by thousands of U.S. beer companies, has vowed to offer greater transparency into current price assessments. Platts, which is owned by Standard & Poor’s and bills itself as “the leading independent provider of information and benchmark prices for the commodities and energy markets,” last week announced that it would begin publishing alternative pricing for non-tariffed aluminum and domestically available scrap, starting August 1.