Beer Rallies in Late Summer

July BPI bodes well for Summer beer trends, although below-premiums plummet. Dear Client:  Though the May Beer Purchaser’s Index came in with high inventory levels, June/July BPI trends are looking much better for beer.  Recall, at-risk inventory was 61 back in May – not ideal, as anything over 50 signifies too much. That plummeted to 51 in June. Now in July BPI, at-risk inventory fell “significantly” to 44, suggesting supply has flipped, and even become a bit tight. As for