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Yakima hops firm: $500m-$1b in hops infrastructure investment needed to maintain current craft growth

In 2007 and 2008, the last time this spike took place, prices increased 40x in 8 months only to crash back down to zero shortly thereafter. Those price spikes enable reinvestment in the expensive infrastructure needed to produce hops. That existing infrastructure is nearing capacity in 2014. In 2015, it will reach capacity. That has never happened before without an alpha market price spike.

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