It has come to my attention recently that mainstream beer in the United States has been getting more expensive of late. Part of the cash grab can be attributed to increased commodity costs, no doubt, but as MSN reporter Michael Brush notes, there’s more to the bump in the cost of a case of Bud, MGD and Coors Light than just the price of barley malt and hops.
And what’s the extra dough paying for? Profit growth and pricier commodities used to make beer, the brewers say.
Oh, and at least one other thing: more-expensive executives, whose pay in many cases has nearly doubled over the last year.
Read the whole story here.