Given the choice, most people elect to hear the bad news first. So, here goes: Carbon dioxide supply remains extremely tight, and it’s not likely to improve in the near term. Among all inputs tracked by Brewers Association chief economist Bart Watson, CO2 prices increased most steeply between May and July, outpacing malt, paperboard, aluminum cans, and even freight.
“Not a pretty picture,” Watson says.
More unfortunate still, the situation is unlikely to reverse course.