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Within hours of President Trump announcing a plan to put a ten percent tariff on imported aluminium, the Big Brewers in the US through their lobby group, the Beer Institute, responded, saying that the tariff could cost the beer industry 20,000 jobs.
The Americas
Hop growers and traders are used to extreme business cycles but the latest sharp decline in demand seems to have caught some unawares. As wrote the Financial Times (FT) in February 2018, a sharp slowdown in US craft beer sales growth has sent the speciality hop market from boom to bust.
The Americas
Brewers will face serious competition from cannabis once sales of recreational cannabis become legal. While the global medical marijuana market is steadily increasing in size, the recreational marijuana market in Canada is about to explode.
The Americas
Good grief, the implications of legalising pot are mind-blowing. For example, when the new academic year begins in September, cannabis will be as legal as alcohol. This means that across Canada, universities have been trying to write new rules to reflect that.
The Americas
With great fanfare, Toronto’s Brunswick Bierworks announced the arrival of Lodewijk Swinkels as brewmaster and head of operations on 7 March 2018.
The Americas
The beer industry trade group, Beer Institute (BI), recently reported that US brewers lost ground to the tune of 3.8 million fewer barrels (4.5 million hl) in 2017. They only shipped 170 million barrels (199 million hl) beer, as opposed to almost 174 million barrels in 2016.
The Americas
That’s painful. Boston Beer reported a shipment decline of 6.2 percent in 2017, driven by shrinking sales of its Samuel Adams and Angry Orchard brands.
The Americas
Looks like selling US craft beer abroad has become more of a challenge. And it’s not because of unfavourable currency swings. As anyone will know who follows Brauwelt’s newsletter, there is more competition from local craft brewers in many of the markets that US brewers are exporting into.
The Americas
The US rumour mill is working overtime that AB-InBev could buy out the listed craft brewer Craft Brew Alliance (CBA) from Portland, Oregon, with brands like Kona, Widmer Brothers and Redhook. AB-InBev already controls a 31.5 percent stake in the craft brewer, thanks to the old Anheuser-Busch having made an initial investment in Redhook in 1994 and in Widmer in 1998. Today the two are so enmeshed in each other’s affairs, analysts say, that it’s probably time the Big Brewer just took over the craft beer maker, lock, stock and barrel.
The Americas
Greg Koch is not a happy man these days. He has to sue the number two brewer in the US, MillerCoors, because it has shortened the name of its beer brand “Keystone” to “Stone” in its recent 2017 rebrand.
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BRAUWELT on tour
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BRAUWELT on tour
