Hops Shortage Spiking Up Beer Prices

February 26, 2008

Severe weather ruined hops production in Europe, causing many farmers to plant corn instead for ethanol production. It all means hops are now going for $35 to $40 a pound instead of the $3 to $5 this time last year.  Barley rates are also up 25 to 40 percent. 

The production costs are just now trickling to consumers.  Whole Foods has posted a sign saying beer customers can expect “dramatic price” increases, about one to two dollars on every six pack. 

You can read the rest here.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: