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Exhale: Hop production up 21 percent from last year (a seven-year high)

June 14, 2016Chris Crowell

hops Growing season gets underway
Thanks for making it through, little guy.

Here’s something we haven’t received for awhile: Some positive crop news. We assume you are reading this from some kind of craft beer fallout shelter after our barley panic watch post last week, but growers of everyone’s favorite beer ingredient are here to soothe nerves. The most recent global hop harvest was a good one — the highest in seven years.

The International Hop Growers say that global production is set to rise 21 percent to 232,459,818 pounds. That sharp rise speaks both to last year’s worrisome harvest as much as this year’s agricultural success. The Pacific Northwest in particular is showing a 20 percent gain on a 13 percent increase in acreage.

This should hopefully help ease some of your budget concerns. From the Financial Times:

Last year’s supply shock hit a hop market where prices for popular hops have doubled over the past five to six years to about $8 to $10 a pound, with some scarce varieties commanding $30.

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HPA
Hop crop update from Hop Products Australia

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    June 15, 2016 at 10:06 pm

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  14. HedgesFarms says

    June 14, 2016 at 1:06 pm

    RT @CraftBrewingBiz: Exhale: Hop production up 21 percent from last year (a seven-year high): https://t.co/3uLOcbmRuP

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  16. OhioBeerCounsel says

    June 14, 2016 at 12:48 pm

    RT @CraftBrewingBiz: Exhale: Hop production up 21 percent from last year (a seven-year high): https://t.co/3uLOcbmRuP

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  17. FarrellDistVT says

    June 14, 2016 at 12:46 pm

    RT @CraftBrewingBiz: Exhale: Hop production up 21 percent from last year (a seven-year high): https://t.co/3uLOcbmRuP

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  18. brewingarchives says

    June 14, 2016 at 12:32 pm

    RT @CraftBrewingBiz: Exhale: Hop production up 21 percent from last year (a seven-year high): https://t.co/3uLOcbmRuP

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