Category: Beverage Industry News

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News World Hop Market Remains Oversupplied

Posted by Tom McCormick

Despite a second year in a row of world hop acreage decline, hop production volume in crop year 2023 was higher year on year by 11.5%, according to a report just released from hop specialist BarthHaas.
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News BA Releases Mid-Year Industry Results Showing Independent Craft Down 2%

Posted by Tom McCormick

The BA today released its midyear survey results today, providing data for the craft brewing industry through June of this year. The association estimates that there was a continued decline by volume in the market, estimated to be down 2% compared to 2023.
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News Pennsylvania Passes legislation to Allow Beer and Wine Retailers to Sell RTD’s

Posted by Tom McCormick

Pennsylvania Governor Josh Shapiro has signed into law a bill allowing certain spirit-based RTD’s to be sold from beer and wine retail outlets that previously have not been able to sell spirits beverage.
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News BA Harris Poll Points Out Consumer Trends in Craft Beer

Posted by Tom McCormick

Each year the Brewers Association (BA) partners with Harris Poll to survey the current thoughts and trends among craft beer consumers. Perhaps more than any year in the past, the survey uncovers some glaring trends which are contributing to the decline in craft beer sales.
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News GABF BA Members Presale Tickets On Sale Today for One Day Only

Posted by Tom McCormick

The 2024 Great American Beer Festival member presale tickets which provide exclusive savings, first access to popular PAIRED tickets, lower service fees and early access to the Saturday session are on sale today and end tomorrow at 8:00 a.m. MT.
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News Three Houston Breweries Merge Operations

Posted by Tom McCormick

“And now for something completely different.”  That was the opening sentence of a social media post from 11 Below Brewing Company in announcing that they were merging with two other Houston breweries, B-52 Brewing and Fortress BeerWorks.
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News CCBA Kicks Off Statewide Beer Collaboration as Fundraising Effort

Posted by Tom McCormick

The California Craft Brewers Association will again host the annual CCBA Brewers Collaboration, a statewide collaboration to raise money for the state guild and promote the craft beer scene in the state.
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News BA Announces Retirement of President & CEO Bob Pease

Posted by Tom McCormick

The Brewers Association today announced the retirement of president and CEO Bob Pease. Pease will step down in early 2025 once his successor is in place. The departure leaves an immense hole for the association to fill. Pease, who has been with the BA for 32 years brought tremendous passion, dedication and knowledge to the leadership position and will long be remembered for the extensive list of accomplishments.
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News Athletic Brewing Announces $50 Million Equity Funding Round

Posted by Tom McCormick

Athletic Brewing Company has announced that it has closed on a $50 million equity financing round led by General Atlantic with participation from multiple existing investors. The infusion of investment capitol comes on the heels of a previous $50 million funding round that closed in November of 2022.
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News A Good Month Indeed – BI Domestic Beer Shipments Up 5.8% in May

Posted by Tom McCormick

That’s a nice way to start the Fourth of July holiday weekend! The Beer Institute today released their estimated domestic beer shipments for May which were up by 5.8% versus May of last year.
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News MadTree Brewing to Build New $8.5m Suburban Cincinnati Facility

Posted by Tom McCormick

It’s not all doom and gloom. Plenty of craft breweries are not only surviving but thriving.  One such brewery is MadTree Brewing in Cincinnati, which just announced plans to build a third facility called MadTree Parks & Rec in suburban Blue Ash.
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News Anderson Valley Wins ‘Fair Market Value’ Case Against Beer Wholesaler

Posted by Tom McCormick

Anderson Valley Brewing won a court case against Golden Brands Distributing, a subsidiary of Reyes Holdings, in which the definition and application of “fair market value” was contested. It is a case that puts some guardrails on just how far beer distributors can go when demanding to be paid for a brands distribution rights.
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News NBWA Beer Purchasers Index Shows Craft Still Struggling Heading Into Summer

Posted by Tom McCormick

The National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for May 2024 showing a steady build-up of distributor inventory as the industry prepares for summer – but the craft category is still showing signs of contraction.
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News Hop Acreage Down 18% in 2024

Posted by Tom McCormick

Remember the dire days eight years ago when demand for hops outdid supply and many craft brewers were struggling to acquire the hops they needed? Not so today, as beer sales have flattened and hop growers are responding by planting fewer vines in the fields due to an expected oversupply of hops.
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News Germany Surpasses US in Hop Production

Posted by Tom McCormick

Germany has again surpassed the US as the world’s top hop producing country, a title it lost nine years ago. Even though hop production fell in Germany last year, the decline in hop production was far greater in the US in 2023 versus the previous year.
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News Pub Closures in England Continue at Rapid Pace

Posted by Tom McCormick

There has been a 51% increase in the number of pubs that have closed in the first quarter of this year compared to the same period last year across England and Wales. A total of 239 pubs have closed or been converted to other uses in the region.
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News Double Downer – Two Iconic West Coast Breweries Close

Posted by Tom McCormick

Two longtime and well-known West Coast breweries have closed. It is the latest discouraging news in what may be an acceleration of closures across the industry.
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News Athletic Brewing Buys Ballast Point Production Facility in San Diego

Posted by Tom McCormick

Athletic Brewing Company, the largest non-alcoholic beer producer in the US has purchased the 300-barrel Ballast Point brewing facility. Ballast Point beers, owned by Kings & Convicts will reportedly be contract-brewed by an undisclosed brewery.
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News Second Largest Beer Festival in Pacific Northwest is Cancelled

Posted by Tom McCormick | 1 Comment on Second Largest Beer Festival in Pacific Northwest is Cancelled

Two down. A year after the Oregon Beer Festival (OBF) was discontinued, it has been announced that the Bend Brewfest, previously the second largest beer festival in the Pacific Northwest has been canceled for 2024.
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News Most Former Anchor Brewing Employees Plan to Return to Old Positions

Posted by Tom McCormick

Most of the former employees at Anchor Brewing Company have said they will return to work at the iconic brewery when the new owner is ready to re-start production.
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News Registration Opens June 11 for ‘Reimagined’ 2024 GABF as BA Rolls Out Big Changes

Posted by Tom McCormick

Registration for the 2024 Great American Beer Festival (GABF) competition opens Tuesday, June 11 and runs through July 12, or until capacity is reached. Big changes are coming to this year as the Brewers Association (BA) gives the annual event a “totally reimagined” design.
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News April US Beer Shipments Down 4.3% Over Last Year

Posted by Tom McCormick

Sometimes bad news is good news – when it’s not as bad as expected. The Beer Institute estimated US beer shipments in April were down by 4.3% versus the same period last year – but that was a big improvement compared to March.
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News BA Now Accepting Applications for the CBC 2025 Seminar Subcommittee

Posted by Tom McCormick

Have you ever wanted to be a part of the team that plans the educational seminars at the Craft Brewers Conference (CBC)? Here’s your chance. The Brewers Association is now accepting applications for those who will serve on the CBC 2025 Seminar Subcommittee.
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News Rumors of Boston Beer Sale Go Mainstream

Posted by Tom McCormick | 1 Comment on Rumors of Boston Beer Sale Go Mainstream

There has been a murmur of rumors surrounding the possible sale of Boston Beer Company in recent months and those rumors took on a new life last Friday after they hit the mainstream media, sending shares of the company up 22%.
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