How to Limit Hop Alerts by Price

iamjohnbryce · February 4, 2016, 5:00am

Good news - today we rolled out the first phase of our brand new Hop Alert filters. Now you can limit Hop Alerts by price and/or crop year.

These filters are global (apply to all of your Hop Alerts) until our next code push, at which point you’ll be able to set different filters for each variety. Additional filters (T90, package size, etc.) and functionality are also coming soon.

What’s the optimal Hop Alert filter setting? I’m setting mine to $15, here’s why:

Amarillo

Pounds sold in Jan 2016: 1,408
Pounds sold in previous 16 Months: 14,297
Lowest price in Jan 2016: $18.81
Lowest price in previous 16 Months: $10.45
Estimated fair market value: < $11

Citra

Pounds sold in Jan 2016: 1,661
Pounds sold in previous 16 Months: 16,198
Lowest price in Jan 2016: $20.90
Lowest price in previous 16 Months: $11.02
Estimated fair market value: < $12

Mosaic

Pounds sold in Jan 2016: 2,827
Pounds sold in previous 16 Months: 8,437
Lowest price in Jan 2016: $14.91
Lowest price in previous 16 Months: $14.70
Estimated fair market value: < $15

Simcoe

Pounds sold in Jan 2016: 1,634
Pounds sold in previous 16 Months: 14,751
Lowest price in Jan 2016: $17.00
Lowest price in previous 16 Months: $9.09
Estimated fair market value: < $15

Big Movers

Here’s the breakdown of the 62,010 lbs listed and the 33,330 lbs sold during Jan 2016.

And here’s a closer look at the recent performance of varieties with bigger slices of pie…

Cascade

Centennial

CTZ

Chinook

Nugget

Where are the deals?

Everybody likes a bargain, right? The best priced hops tend to sell shortly after the Hop Alert goes out, but every now and then you’ll find some sleeper deals by browsing The Exchange. Here are a few current listings priced competitively vs. historical prices.

Whole Leaf Bargains

T90 Bargains

Those were some highlights from last month. If you enjoy market insights such as these, please let us know by leaving a comment, sharing, and/or liking this post on Facebook. The greater the feedback received, the more inclined we are to devote limited resources to sharing future market analyzes. Cheers!