Thursday, January 03, 2008

Good Beer Prices Rising Soon
The Seattle Post-Intelligencer is reporting rising prices because of hops and barley shortages.

- Craft brewers are looking at increases of anywhere from 200% to 500% for their cost of hops, depending on the brewery and what contracts they have in place. A hop that a brewery paid $3 to $5/lb for last year cost them $15 to $20/lb this year. Breweries have also seen several malt price increases over the past 6 months, and the bad news likely isn't over.

The damn farm bill is driving this.

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