The overwhelming outpouring of positive support for 47Hops from brewers and growers during the past two weeks is humbling. I sincerely want to thank those that have written, called or with whom I have spoken in person for their support. Nearly everybody pledged to stick by us during this difficult time. Growers confirmed they want […]
THE 47HOPS CHAPTER 11: A FEW FREQUENTLY ASKED QUESTIONS
FOR SUPPLIERS AND TRADING PARTNERS
1) Why did 47Hops file Chapter 11? Why did 47Hops file Chapter 11 right now?
The growth in the craft beer market in the United States has slowed from 18% per year in 2014 to its current level of 5-6% growth per year. […]
Like flipping a coin, each crop year can produce a short crop or a bumper crop. When a huge stockpile of excess hop inventory exists, the yields of each individual crop is insignificant. That’s not the case in today’s alpha market however, which was teetering on the verge of shortage prior to this season. That […]
WARNING: In this article, I dive deep into the hop market and the alpha cycle and explain why the same things keep happening over and over throughout history. If the hop market is not your cup of tea, stop reading now. I hope there are a few brewers out there who care how the hop […]