DURATION UPDATE Duration Brewing recently received the approval on a rural development grant, which means it can begin work to transform a derelict priory site into a destination farmhouse brewery. The building project will soon commence at Abbey Farm in West Acre, Norfolk and is likely to take six months from start to finish. Co-founder Miranda Hudson commented: “We have received overwhelming encouragement and valuable guidance from the UK beer community. A passionate and enthusiastic bunch of drinkers, sellers and makers who have helped us to reach this milestone - thanks for the part you are playing. “Being given money to create jobs is really incentivising and what we love most is this is the first time (we know of) that two separate applications were considered in tandem to support one project.” Duration beers will continue to be available via collaboration with other breweries over the coming months – the next two releases are with Amundsen (Oslo) and Brew By Numbers (London). If you missed it, you can read more about the Duration Brewing story in issue three of Hopulist.
HOP GLUT AS CRAFT SALES SLIP The US craft beer industry trade group Brewers Association estimates craft beer sales grew only 6.2% in 2016 after a decade or so of double-digit growth and similar figures forecast for 2017. This sudden slowing of growth has plunged the speciality hop market into difficulties. Globally the demand for aromatic hops had been outstripping supply and in 2015 Washington state’s Yakima Valley was hit by droughts which lead to a global shortage. As a result hop production has almost doubled in the past five years and with growing fears of hop shortages farmers increased production and acreage to meet demand. However, the rising output and unforeseen fall in demand has resulted in a hop glut. This has lead to many of the leading hop varieties dropping in price and a number of hop farmers facing financial uncertainty. Citra, the most popular hop variety in craft brewing well known for it’s tropical fruit and citrus aroma, has almost halved from $23 a pound in 2015 to $13 in 2017, whilst Cascade has gone from $7 a pound to just $1.20.