11 April 2008

Light at the end of the tunnel

Looks like hop price relief and availability may be coming a little sooner than expected. Thanks to Stan H. for the article.

Ralph Olson, general manager of grower-owned HopUnion of Yakima, a buyer who deals primarily with smaller craft brewers, thinks the figure may be closer to 8,000 acres by the time all is said and done. That would be a jump of nearly 25 percent in acreage in one year.

So supply is rushing to catch up with demand. At least this is one industry where you can count on prices eventually leveling out.

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