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.
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