Contract vs Spot Ordering
From an agricultural standpoint, forward contracts are critical for stabilizing crops. It takes two to three years for a new hop field to mature and produce consistent quality. For brewers, contracting hops is the best way to secure supply and ensure quality via post-harvest selection. But you’re obligated to the hops, and it’s difficult to predict your future ingredient needs in a changing marketplace.
Each brewery must determine how to manage their future supply risks based on their evolving business. We’re happy to be a resource in this area and answer your questions based on what we see going on in the hop industry. Our customers play a key role in helping us plan with growers to ensure consistent hop quality and supply.
Reach out to discuss your needs!
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