Beer Institute releases July 2020 domestic tax paid estimate, adds 200,000 bbls to March because of delayed reporting

Last week, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for July 2020. The July 2020 estimate is 15,100,000 barrels (bbls), an increase of 1.9 percent vs. July 2019 removals of 14,820,000. The Beer Institute estimates for March 2020, April 2020, May 2020, June 2020 and July 2020 will be revised moving forward as TTB Industry Circular 2020-2 postponed for up to 90 days reporting requirements for filing and payment due dates on or before June 30, 2020.

This report includes revisions to the March 2020 data. Based on new information, the Beer Institute added 200,000 bbls to the original March estimate.

Domestic Tax Paid – TTB
(31 Gallon Barrels)

Month	2019	2020	Percent Change	Volume Change
January	12,433,513	12,423,000	-0.1%	-10,513
February	11,430,812	11,325,000	-0.9%	-105,812
March	14,370,000	14,500,000	0.9%	130,000
April	14,200,000	13,500,000	-4.9%	-700,000
May	15,216,000	14,216,000	-6.6%	-1,000,000
June	15,901,000	16,600,000	4.4%	699,000
July	14,820,000	15,100,000	1.9%	280,000
YTD	98,371,325	97,664,000	-0.7%	-707,325