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Old 01-07-2013, 04:05 AM   #11
inhousebrew
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I guess I don't really care because you can never find it anyways so I never use it
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Old 01-07-2013, 04:16 AM   #12
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I heard they bought up all the simcoe and summit too. No more hops forever.

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Old 01-07-2013, 04:21 AM   #13
Jukas
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Quote:
Originally Posted by AZ_IPA View Post
I heard they bought up all the simcoe and summit too. No more hops forever.
That's ok, I'm training a herd of cats to pee on a pine tree forest. I'll dry hop with the bark. Bam, instant Simcoe!

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Old 01-08-2013, 03:35 PM   #14
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I doubt there is much to this rumor, and even if it were true there are plenty of hops that can be used as substitutions for Amarillo. It's a great hop but I don't think BMC is going to purchase the hop farm just to deprive the "craft" beer market that they're not really focused on anyway.

 
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Old 01-08-2013, 03:46 PM   #15
TyTanium
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Interesting stuff.

The financial side of the forward & spot markets is really fascinating, mainly b/c of the volatility. In theory it's no different than any other commodity, but some of the nuances are extremely fascinating (small farms, new farms, shifting/growing demand, large buyers & small buyers, discrete nature of harvest, etc)...

If I were writing a thesis, I'd have my topic.

 
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Old 01-08-2013, 03:47 PM   #16
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Quote:
Originally Posted by GVH_Dan View Post
As a hop grower, if a brewery came to me and said, "I'll give you $AA/lb + $BBB,BBB/year to sell me your entire crop..." I would consider taking that offer. It takes a lot of the variability out of farming. It
Agreed. Assuming the buyer doesn't suddenly back out and/or pay you to stop growing...

 
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Old 01-08-2013, 04:03 PM   #17
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Originally Posted by TyTanium View Post
Agreed. Assuming the buyer doesn't suddenly back out and/or pay you to stop growing...
Back out...that's why you sign a contract.

Stop growing...why not? If they have contracted to purchase the entire crop, they could throw it out or just tell the grower to stop. Its done in the fruit-for-baby-food industry all the time. Check out the ag papers of the northern part of the MI lower peninsula. Most contracts have a clause for the amount to be paid if the grower is told to stop growing or dump the produce.

 
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Old 01-08-2013, 04:09 PM   #18
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Quote:
Originally Posted by GVH_Dan View Post
Back out...that's why you sign a contract.

Stop growing...why not? If they have contracted to purchase the entire crop, they could throw it out or just tell the grower to stop. Its done in the fruit-for-baby-food industry all the time. Check out the ag papers of the northern part of the MI lower peninsula. Most contracts have a clause for the amount to be paid if the grower is told to stop growing or dump the produce.
Just a tongue-in-cheek reference to AB/Willamette thing.

Of course it'd be good to get paid to do nothing. And ideally the contract is solid enough to prevent backing out, but it still happens.

 
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Old 01-08-2013, 04:16 PM   #19
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Ah, but the difference there is they didn't pay the growers to stop growing...they just stopped paying/contracting with the growers for that variety. There's a big difference.

 
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Old 01-08-2013, 04:28 PM   #20
jevers
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Maybe i missed something, or else just don't understand the hop market, but is there only one farm that produces amarillo?

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