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Infographic: The Hops Pullback
As hop growers and the brewing industry manage an ongoing hop surplus, farmers this year planted fewer acres. But will that mean fewer hops? Here, we sketch out the past 15 years of hop acreage, as well as hops kept in stock over that time.
As hop growers and the brewing industry manage an ongoing hop surplus, farmers this year planted fewer acres. But will that mean fewer hops? Here, we sketch out the past 15 years of hop acreage, as well as hops kept in stock over that time. <a href="https://brewingindustryguide.com/infographic-hops-pullback/">Continue reading.</a>
https://brewingindustryguide.com/cdn-cgi/image/format=auto/https://www.datocms-assets.com/75080/1690831885-infographic-hops-pullback-big23fall.jpg?auto=format&w=900
Each year, the U.S. Department of Agriculture tracks how many acres of hops are planted by U.S. farmers, along with the amount of unused hops currently being held by growers, dealers, and brewers. This year, growers reduced acreage by about 8.5 percent, reflecting a consensus that supply is outpacing demand. Here, we plot the past 15 years of acreage ups and downs, along with the USDA’s graph of hop stocks over the same time period.
For more on the challenge of managing the surplus, see our Hops Insider articles on Decoding and Rightsizing the hop market.
Source: USDA-NASS, nass.usda.gov
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