STAT Communications Ag Market News

Hops Inventories Slip %

WASHINGTON - Mar 15/24 - SNS --The inventory of hops held by growers, dealers, and brewers on March 1, 2024 totaled 184 million pounds, down 1% from March 1, 2023 stocks inventory of 185 million pounds, according to the USDA.

Stocks held at dealer and grower locations on March 1, 2024 totaled 161 million pounds. Stocks held by brewers totaled 23.0 million pounds.

Hop Stocks Held by Growers, Dealers, and Brewers - United States: 2021-2024
[Includes equivalent pounds of dry hops held in extract or pellet form]
--------------------------------------------------------------------------------
                  :          September 1           :          March 1
      Stocks      :-------------------------------------------------------------
                  :   2021   :   2022   :   2023   :  2022   :  2023   :  2024
--------------------------------------------------------------------------------
                  :                        1,000 pounds
                  :
Stocks held by:   :
                  :
  Dealers/Growers :  97,000    109,000    106,000    160,000   159,000  161,000
  Brewers ........:  31,000     28,000     24,000     33,000    26,000   23,000
                  :
  Total stocks ...: 128,000    137,000    130,000    193,000   185,000  184,000
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