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07/28/2017

June Taxpaid Shipments Up Slightly; Down 1.3 Mil Bbls, 1.5% For 6 Mos; All Eyes on June Imports

Domestic brewers’ taxpaid shipments up 81K bbls, 0.5% in Jun, estimates Beer Inst economist Michael Uhrich, on heels of big May gain, very tuff Feb-Apr numbers.  So 1st-half domestic shipments down 1.3 mil bbls, 1.5%.  Recall, import shipments up just 24K bbls, 0.2% thru May, including flat reported shipments from Mexico, a disconnect given Modelo portfolio’s momentum.  So known yr-to-date shipments down 1.3 mil bbls, 1.3%.  Will Jun imports pop strong and make Jan-Jun trend better?  We’ll know next week.

Publishing Info

  • Year: 2017
  • Volume: 19
  • Issue #: 142
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