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Craft beer boom creates hops shortage
date:Jun 10, 2014
in 2013 grew by 20% over the previous year, according to the Brewers Association, an organization of professional and home brewers. It now accounts for $14.8 billion of the $100 billion beer market.

Due to increased demand, hop prices rose from $1.44 a pound in 2004 to $3.59 a pound in 2013, according to a Hop Growers of America statistic, cited by the Indianapolis Star.

Hops are grown primarily in moist climates of the Pacific Northwest, according to the Brewers Association. In Washington sta

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