According to NASS, the inventory of hops held by growers, dealers, and brewers on September 1st totaled 105 million pounds, down 9% year-over-year.  NASS added stocks held at dealer and grower locations to start the month totaled 86 million pounds, while stocks held by brewers toped out at 19 million pounds.

 

Photo: USDA
Photo: USDA

 

This marks three consecutive years of declines for the September 1st hops stock figures. 

 

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