Sluggish Volume and Pricing Continue

Amid high hopes among distributors that brewers would initiate lower discounting and give signs of moving frontline pricing higher, the tea leaves are not looking great. We are getting word from distributors that September was a bad month, but different depending on which domestic brewers you represent. If you are a Miller distributor, you lost volume but got better pricing and margins; if you are an A-B distributor, you had decent volumes but terrible pricing and margins; and if you