STAT Communications Ag Market News

U.S. Hop Stocks Down

WASHINGTON - Sep 16/14 - SNS -- Inventories of hops are down 6% over last year in the United States, with the USDA.

The inventory of hops held by growers, dealers, and brewers on September 1, 2014, totaled 90 million pounds, 6% less than the September 1, 2012 estimate. No report was issued in September 2013 due to budget cuts.

Stocks held by brewers, at 43.0 million pounds, were down 17% from two years ago. Stocks held by dealers and growers on September 1, 2014 totaled 47.0 million pounds, up 7% from the stocks on hand in 2012.

Hops: Stocks Held by Growers, Dealers, and Brewers, United States, 2012-2014
--------------------------------------------------------------------------------
                    :           March 1           :         September 1
      Stocks 1/     :-----------------------------------------------------------
                    :  2012   :  2013   :  2014   :  2012   :  2013   :  2014
--------------------------------------------------------------------------------
                    :                       1,000 pounds
                    :
Stocks held by:     :
                    :
  Dealers/growers   :  67,000    62,000    72,000   44,000     (NA)     47,000
  Brewers           :  53,000    53,000    49,000   52,000     (NA)     43,000
                    :
  Total stocks      : 120,000   115,000   121,000   96,000     (NA)     90,000
--------------------------------------------------------------------------------
(NA) Not available.
1/   Includes equivalent pounds of dry hops held in form of extract or pellets.

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