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Old 12-14-2012, 07:43 PM   #1
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Default Chicago Hop Contracts Buy

PLEASE READ EVERYTHING BELOW BEFORE ASKING QUESTIONS. DEADLINE: JANUARY 1, 2013

We are running what we believe to be the first hop contracts buy in Chicago. This buy is for Chicago area participants only. We are not shipping anything anywhere. Contracts are for securing those hard to get varieties in the future at a predetermined price. Basically, people will request their hops, we then submit our cumulative request to our hop supplier. The supplier will then give us a contract quote which specifies variety, quantity and pricing for the contracted year that we are requesting. There are many more details but they will be made on the google group that we are using so we don't clog up HBT with 'fluff'. See the initial instructions below.

If you do not belong to any of the clubs listed below or your club isn't listed then you will be placed under the Chicago Home Brewers Group and I will manage your orders. PM the appropriate people below with your email address.

Hop Contract Steps

If you belong to a club that is participating then place your hop contract requests through the club representative. Below is a listing of the clubs that are participating. If you do not belong to a club then Bill Mason will be your contact for placing your contract request.

Chicago Home Brewers Group-bmason1623
PALE-ghoti
Northern Illinois Homebrewers Collective-SathingtonWilloby
Pour Boys-BigInChicago
Evanston Home Brew Club-Randar



Each of the reps above will have a spreadsheet link where they will add your desired hop quantities and varieties. Hop increments are in 11 Lb cartons for pellets and full (200#), half (100#), quarter (50#) and mini (13#) bales for leaf. No contracts are allowed for less than 11 pounds. Just as in my group buys,work out he splits among yourselves then have one person order/pay the 11 pound increment. All hops can be quoted.

Each club member will tally up a total amount of hops. All of the tallies will be added together to solicit a contract quote. Once we get the quote then everybody submits payment to their representative. All of the money will added into an escrow account whose monthly statements will be scanned and published for the participants to review.

You can start pulling from your contracted inventory as soon as it becomes pelletized each year. There is not a specific date for which hop will be ready. Harvest is in August/Sept and pelletizing starts at that time and continues by variety for about three months. Leaf hops are available much earlier – around October. All hops must be taken delivery by no later than June of the following contract year.

Last edited by bmason1623; 12-15-2012 at 03:26 PM. Reason: added weights for the bales. added deadline.
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Old 12-14-2012, 07:54 PM   #2
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Excellent!

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Old 12-14-2012, 10:30 PM   #3
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This I great!

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Old 12-15-2012, 01:18 AM   #4
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Well over 100lb on the request list already

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Old 12-15-2012, 01:58 AM   #5
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Quote:
Originally Posted by wagz View Post
Well over 100lb on the request list already
!

I haven't even checked yet, let alone add my request.
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Old 12-15-2012, 05:53 AM   #6
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Sweet!!!!

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Old 12-15-2012, 02:59 PM   #7
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Remember, if you want to get into a hops contract but do not belong to any brew club or your club is not listed in post #1 PM me your address and I will add you under Chicago Home Brewers Group

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Old 12-16-2012, 10:16 PM   #8
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The Chicago Home Brewers Group is up to 257 Lbs of hop contract requests. Not sure about the the other clubs that are participating. This buy closes in 16 days (January 1, 2013) so don't wait too long if you want to get involved in buying hop contracts for those hard to get and usually-expensive-when-you-get-them hops.

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Old 12-17-2012, 01:14 AM   #9
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Any idea of what we are looking at price per pound? Or what I will owe and when it's due?

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Old 12-17-2012, 01:18 AM   #10
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I'm guessing it's pretty close in price to what the hops spot buy was. But we will find out soon. Remember, the idea behind a contract purchase is to try to secure those hard to get hops and to a lesser extent competitive pricing.

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