Total Industry Supply Down 1.1% in July After Mixed Month of Shipments

Dear Client:  July marked another mixed month for beer shipments, latest Beer Institute estimates show, as domestic shipments slipped 3.5% in the month, but import shipments grew 7.1% -- putting total industry supply at -1.1% over the month. IMPORT SHIPMENTS HIT NEW MONTHLY RECORD AT 4.2M BBLS. Import shipments’ growth of 7.1% to nearly 4.2 million barrels shipped this July, marked “a new monthly record” for imported beer volume, according to the BI.  Mexican imports were behind most of that