A Christmas with pricier beer? Blame ethanol
According to the article, hop prices for at least one small brewer jumped up to five times as expensive as before. While larger beermakers have long-term contracts that have sheltered them thus far, The Economist writes that, "Without their supply of hops, some smaller producers are going out of business, bringing to a halt the fastest-growing segment of the industry. Other craft brewers and brewpubs are experimenting with new recipes, hoping their customers will adapt."
The shift away from beer crops is not the only thing that threatens small breweries at the present time, but who knew that filing the tank with ethanol could have such wide-ranging effects? Merry Christmas!
[Source: The Economist via TTAC]
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