[Beer Markets] Prices Expected To Keep Rising Into 2011

Higher beer prices kept profits up for brewers Anheuser-Busch InBev and Molson Coors in Q3, although drinkers in some parts of the world responded by imbibing less. The brewers also saw weakness in Europe and the USA buffered by growth in emerging markets such as Brazil & China, although they represent a fraction of revenue generated in more developed markets. As the global economy has weakened in the past few years, drinkers in developed markets have curbed their consumption because of high unemployment and weak economies.