Brewer Grupo Modelo has kept a lid on the price of hops and barley for the first half of the year but that could be changing just in time for barbeque season.
"So far we have been able to manage" the price of the commodities needed for making beer, Chief Executive Carlos Fernandez Gonzales told CNBC Thursday. "We have all the hops and all the barley needed for our production, and basically we’re on the right momentum for our sales and revenue."