hop market

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InBev backed out of most of their Willamette contracts last year, making in really cheap. That, in turn, reduced demand for other varieties. Farmers were burning hops last Fall because there wasn't any more storage available.
 
Just supply and demand. Bad weather in Europe plus a warehouse fire in Washington drove the shortage. Add to that, that hops can produce 80% of a full harvest the first year for commercial growers and we have a volatile market.
 
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