How are Brewers Running Out of Hops with U.S. Hop Production at an All-Time High

Dear Client:Hop production in the US has been and continues to be on the rise. "Farmland devoted to the crop has increased 65% during the past five years to about 51,000 acres from 31,000 acres," writes the Wall Street Journal in a recent report.FARMERS WARY OF A SURPLUS? Hell, the hop farmers are growing so much now (expecting a 91.8-million-pound harvest this year), that they fear they may run into a surplus with craft production starting to decelerate.BREWERS STILL FACING