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Hops crisis brews trouble for craft-beer makers
Market Watch from Dow Jones ^ | 03/28/2008 | Paul Lin

Posted on 03/29/2008 3:39:55 AM PDT by EBH

NEW YORK (MarketWatch) -- Ask about hops at the American Flatbread brewpub in Burlington, Vt., and you're likely to find yourself in cold storage, in the cellar, with brewer and co-owner Paul Sayler.

Cloistered toward the back, a dozen or so half-full foil bags of hop pellets, hoarded last year, sit on a shelf. Sayler opens a bag, cradles the hops in his hands and takes a whiff of the signature fragrance that microbrew aficionados crave.

"This is my little meager trove of hops," mourns Sayler, glancing at what's left on the rack: some German Spalt and Tetnang varieties, a half-pound of Fuggles, and a few boxes of Simcoe.

As of the middle of March, his distributor hasn't been able to deliver any of this year's contracted hop supply. The short supply has affected Sayler's choice of brews and forced some ingredient substitutions.

"We're down to the last of what we've got. This will be maybe three or four brews' worth of hops, and then I'm done," he says quietly.

If you love craft beer, that's not something you want to hear.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Food
KEYWORDS: beer; corn; ethanol
Ok, now they are cutting into my beer....prices for beer are set to soar!
1 posted on 03/29/2008 3:40:07 AM PDT by EBH
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To: EBH

Is it just me, or does it seem that more and more, things are breaking down in society? That things we’ve always taken for granted are going away?

It sort of feels as if the world’s becoming more and more like that in “Atlas Shrugged.”

Mark


2 posted on 03/29/2008 4:05:55 AM PDT by MarkL
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To: EBH
What my very hoppy favorite brew Goose Island India Pale Ale is in jeopardy?
More hops in one bottle than in a six pack of Coors or Bud.
3 posted on 03/29/2008 4:09:56 AM PDT by BluH2o
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To: EBH; Charles Henrickson; mikrofon

4 posted on 03/29/2008 4:19:54 AM PDT by martin_fierro (barley applicable)
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To: EBH
You messin' with my Blatz?

5 posted on 03/29/2008 4:21:46 AM PDT by Westlander (Unleash the Neutron Bomb)
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To: EBH

I’ve always said that things won’t change in the U.S. until beer prices soar!


6 posted on 03/29/2008 5:40:24 AM PDT by Pest (Attorneys are the larval form of politicians!)
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To: martin_fierro; Charles Henrickson
As of the middle of March, his distributor hasn't been able to deliver any of this year's contracted hop supply

Because Barack has cornered the market on hops this year...

7 posted on 03/29/2008 10:45:55 AM PDT by mikrofon (Ich bin ein Bighopper)
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To: MarkL

That is a sure thing. Ayn had it figured out and she told us, we just didn’t listen.


8 posted on 03/29/2008 3:54:42 PM PDT by EBH ( ... the riotousness of the crowd is always very close to madness. --Alculin c.735-804)
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To: EBH

The brewers who have to “scrounge” for hops are not “less fortunate;” .They just refuse to look at the history of the brewing industry. The purchasing of hop futures is a more-than-100-year-old practice, built around hop shortages that have taken place in the past.

Smart brewers play in the futures market, just to avoid wild swings in hops prices or having to go around, hat in hand, and beg for hops.

It’s just another sign of the business immaturity of some craft breweries.


9 posted on 03/29/2008 5:15:35 PM PDT by toddlintown (On Obama's moral compass, "N" doesn't stand for "North.")
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To: toddlintown

http://beerinfood.wordpress.com/2007/12/21/hop-onomics-101/


10 posted on 03/29/2008 5:18:10 PM PDT by toddlintown (On Obama's moral compass, "N" doesn't stand for "North.")
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To: toddlintown
Or you could do what I do and grow your own hops.

I've got Liberty, Goldings, and Fuggles in the back yard. I harvested a about 5 pounds last year. That's more than enough for my little home based craft brewing operation.

L

11 posted on 03/29/2008 5:19:52 PM PDT by Lurker (Pimping my blog: http://lurkerslair-lurker.blogspot.com/)
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To: Lurker

Homebrewing and commercial brewing are different animals. You know that.


12 posted on 03/29/2008 5:23:10 PM PDT by toddlintown (On Obama's moral compass, "N" doesn't stand for "North.")
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To: toddlintown
My point is that an amatuer like myself has figured a way to cover my hops requirements, they should do the same.

Business owners who don't factor raw material availability into their plans have made a crucial mistake.

L

13 posted on 03/29/2008 5:32:39 PM PDT by Lurker (Pimping my blog: http://lurkerslair-lurker.blogspot.com/)
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To: Lurker

“Business owners who don’t factor raw material availability into their plans have made a crucial mistake.”

That’s the point of buying hop futures, especially the more esoteric hops.

http://beerinfood.wordpress.com/2007/12/21/hop-onomics-101/


14 posted on 03/29/2008 5:36:46 PM PDT by toddlintown (On Obama's moral compass, "N" doesn't stand for "North.")
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To: toddlintown
I didn't know there was such a market. Thanks for the education.

I wonder what I could get for a couple of pounds of Fuggles these days...

L

15 posted on 03/29/2008 5:39:39 PM PDT by Lurker (Pimping my blog: http://lurkerslair-lurker.blogspot.com/)
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