AKRON -- The price of your favorite beer could be going up -- if you can find it at all.
The number of IPAs and craft beers being produced across the world has skyrocketed in recent years, causing a supply issue for the American hops used to make them.
Farmers growing American hops have increased production, but it may not be enough.
The brewers association says that from 2011 to 2013 nearly 500 more craft breweries popped up in the country.
Tim Rastetter, head of brewery operations at Thirsty Dog in Akron, says, "Sometimes you have to go to someone who already has purchased it and hoping they have a good amount. Then you're at their mercy then for the price they want to sell it for."
Thirsty Dog, like a lot of breweries, contract hops years in advance. However, if a brewery doesn't order enough or any at all, Rastetter says their chances of getting them are, "very very slim."
Rastetter says the demand is so high, that breweries are sometimes forced to pay up to four times more for American hops if and when they can find them.
He says in the brewery world they've become a new kind of "currency."