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Beer Institute releases March 2020 domestic tax paid estimate

kegs barrels warehouse cbb crop
Insert ubiquitous image of kegs.

Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for March 202. The March 2020 estimate is 14,300,000 barrels or bbls, a decrease of -0.5 percent vs. March 2019 removals of 14,370,000. Of course, it will be April’s numbers will be a real eye-opener when they are available, scheduled to be released on May 21. Ok, here we go with March (drum roll) … note these are 31-gal bbls.

Month 2019 2020 Percent Change Volume Change
January 12,433,513 12,423,000 -0.1% -10,513
February 11,431,000 11,350,000 -0.7% -81,000
March 14,370,000 14,300,000 -0.5% -70,000
YTD 38,234,513 38,073,000 -0.42% -161,513