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Beer Prices May Go Up

Quick! Run out and stock up on beer!
Pretty soon gas prices won't be the only reason to think twice about another beer run. Turns out that the cost of barley is rising fast and an increase in barley prices could translate to an increase in beer prices too.

It also doesn't help that production numbers were already down, energy prices already up, and the cost of raw material (like aluminum) also up. In fact, several breweries have already raised prices due to the raw material costs, however, you might not have noticed since distributors have been eating the cost.

Those price increases aren't always felt in consumers' pocketbooks. Distributors and retailers frequently eat the costs themselves. But with prices shooting up quickly, that could soon change.

Bernstein Research analyst Robert van Brugge forecast that this year's barley price increases will impact brewers' cost of goods sold - or the cost of the raw materials used in production - by 1 to 2 percent in 2007.

The analyst said he believes brewers will be forced to pass along some of that increase this year to consumers.

So run out and stock up! It's recommended that most canned beer should be consumed within 3 months of bottling. However some strong ales can be stored in the fridge for up to 6 months. Now, I'm not saying you can't drink it after 3 months, but it's definitely going to taste better if you drink it before.

Source: Forbes

Join The Conversation
Midnightkiss4u09 Midnightkiss4u09 10 years
Just as long as cokes don't go up.........I hate beer.
Moni-B Moni-B 10 years
I believe its because of all the droughts that are hurting the barley crops. ~M~
ccsugar ccsugar 10 years
Beer gives you gas?! I wonder if there's impact in Canada. I love Canadian beer! :D
daniellee daniellee 10 years
That's what's so great about hard alcohol.
DesignRchic DesignRchic 10 years
LOL! Beer gives me gas anyways! :SMELLY:
vanyvrgs vanyvrgs 10 years
JessNess, NattyIce, boy maybe I drank that in college once. In WI where I went to school Red White and Blue and Milwaukee's Best were king (for poor college students). I guess I picked a good day to stop drinkin'beer. LOL. Now if the price of vodka goes up, I will send an SOS. Rudeness is the weak man's imitation of strenght
esk4 esk4 10 years
as long as I'm not drinking Beast Or Keystone... I also refuse to drink Bud, Coors or Corona just out of principal
LaylaCams LaylaCams 10 years
Natty Lite :barf: anything Natty :barf:
JessNess JessNess 10 years
well you can always go to the poor mans beer Natural Ice a.k.a Natty Ice
esk4 esk4 10 years
:( I hope my Magic Hat (new Hampshire Micro Brew I strongly Recomend, the #9 has a slight aprocot after taste) doesn't go up... I love my #9
crispet1 crispet1 10 years
Huh, who woulda thunk it.
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