Beer sales rose 11.6% in the week ended April 11, according to Nielsen data, as consumers drink more at home. But the spike doesn’t benefit craft brewers as much because they rely on sales in restaurants and bars. The shift in consumption trends is leading to expired kegs for many craft beer manufacturers.
Supply chain disruptions caused by the pandemic have led farmers to dump milk and crush eggs, even as grocery stores struggle to keep high-demand food items in stock.
Boston Beer, parent of Sam Adams, is taking a less wasteful approach when it comes to the $5.8 million in beer returned by retailers and distributors during its first quarter.
The company’s founder and chairman Jim Koch said on CNBC’s “The Exchange” Friday that it will distill the returned beer into ethanol, so it can be blended…