The Alcohol and Tobacco Tax and Trade Bureau (TTB) released its revised statistics on beer production for the month of October. As you’d expect, in a growing industry, production numbers are up year over year for the month and year to date (YTD). Let’s look at the YTD numbers through October 2012 compared to October 2011:
Total barrels YTD: 167 million barrels (bbls) (up from 164 million)
In bottles YTD: 138 million bbls (up from 136 million)
In kegs YTD: 15.3 million bbls (up from 15 million)
Consumed on brewery premises YTD: 37,400 bbls (up from 31,649 bbls)
For export YTD: 4.2 million bbls (up from 3.6 million bbls)
In terms of ingredients and materials used through October 2012, the only segment that’s seen a noticeable drop from 2011 is rice and rice products — from 658 million pounds (lbs) in 2011 to 604 million lbs in 2012. Barley and barley products also are down 1 million lbs year over year for the first 10 months of 2012. Corn and corn products have seen the biggest jump in the grain category — from 525 million lbs in 2011 to 592 million lbs in 2012.
In terms of non-grain products, dry hops jumped to 101 million lbs from 88 million lbs in 2011, and sugar and syrups are up to 769 million lbs used from 664 million lbs in 2011.