Hop supply in the U.S. has outpaced hop usage for more than six years, a disparity that is “unsustainable” and will ultimately be corrected with reduced crop in the future, Brewers Association (BA) chief economist Bart Watson warned during a Collab Hour webinar last week.
Europe’s hot and dry growing season will result in lower yields this year from some of the world’s largest hop producing countries, global hop supplier BarthHaas reported Tuesday.
Global hop acreage grew +0.8% to 62,886 hectares (nearly 155,395 acres) in 2021, increasing for the eighth consecutive year, global hop supplier BarthHaas reported Monday.
A growing number of U.S. craft breweries are not locking in long-term hops contracts and that leaves those companies vulnerable as supply tightens, according to industry trade group the Brewers Association (BA), which surveyed 250 members to gain insight into how beer makers are managing one of the industry’s most important raw materials.
