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Hop Stocks Off 12%
WASHINGTON - Sep 16/04 - SNS -- Supplies of hops in the United States as of September 1 sank 12% below year earlier levels and 6% below 2002 levels to 61.0 million pounds, according to the latest USDA survey.
Stocks held by brewers, at 30.0 million pounds, were down 5 million pounds from September 1, 2003, and September 1, 2002, levels. This was a 14% decline. Stocks held by growers and dealers on September 1, 2004, were 31.0 million pounds, 9% less than the stocks on hand last year.
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