Bottoms Up

Monday, August 16, 2010 - 1:25pm

Beer prices are on the rise.

The cost of your next brew could cost soon you more, but not as much as it may cost beer drinkers in Europe.

European brewers are predicting a 40 percent price spike there.

Economic experts say a poor barley harvest in Europe and wheat export bans in Russia could bring dramatic price increases.

Beer prices in the United States have been steadily climbing this year and are up about 2 percent, according to government reports.

Large companies such as Anheuser-Busch Companies and Coors Brewing Co. have already raised their prices on beer or plan to do so.

The biggest increases are expected to affect beers imported from Europe because of the stress of grain supplies.

U.S. grain prices are holding steady and U.S. brewers expect only slight increases on domestic beers.

"As consumers, it gets passed on to us, and we decide one way or another if we want to accept it or not," said beer drinker Jerry Nighswanger.

Higher cost or not, some just aren't willing to set the suds aside.

"It won't affect me one way or another," Nighswanger said. "Am I going to cut back on a beer here and there? Probably not."
 

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