Constellation Taking Up Draft Pricing at End of July; Package Hikes Due in Sep

Dear Client:"After thorough review of market conditions, Constellation Brands will be adjusting pricing on select SKU's in your market," Constellation wrote to distributors last week. They said the price adjustments "will add value to our brands at both the wholesale and retail level."They'll take price first on draft Corona, Corona Light, Modelo Especial, Pacifico and Modelo Negra, effective July 31. Key hikes are as follows:1/4 BBLs +$3.00, taking the Frontline PTR from $85 to $88.1/2 BBLs +$5.00, taking the Frontline