Did you know the Kentucky Bourbon market is facing a supply-demand gap? 🥃 With a shortage of aged stock, brands are feeling the squeeze! Unlike Scotch whisky, where distillery reputation is key, bourbon relies on contract distillers to supply iconic brands like Bulleit Bourbon, Templeton Rye, and High West. 🏭 This structure makes bourbon’s value determined by the quality of the liquid and its age – setting it apart from Scotch! ⏳
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Great insight on how Chattanooga Whiskey takes Bourbon to the next level. This article highlights the many benefits of specialty malted grain mash bills that put us in a category of our own. Check out the full review here: https://lnkd.in/eepdBWDf
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The Speyside distillery, majority-owned by Scotch whisky veteran Billy Walker, has reported a significant profit increase amidst global economic and geopolitical challenges. The GlenAllachie Distillers Company Limited Distillers Company Limited revealed a pre-tax profit of £8.94 million for the year ended December 31, up from £7.7m in the previous year, with turnover rising to £23.2m from £20.7m. These figures reflect the company's continued growth, surpassing £20m in revenue for the first time. Despite facing various economic and geopolitical hurdles, including conflicts in Ukraine and the Middle East impacting key markets, the distillery has shown resilience and maintained its upward trajectory. The industry witnessed a surge in demand in 2022 following the easing of Covid restrictions and the reopening of global travel, leading to a significant sales boost. Distributors and retailers are still managing the stock exported during this period of heightened demand. The positive financial performance of The GlenAllachie Distillers Company Limited underscores its ability to navigate challenges and capitalise on opportunities in the dynamic Scotch whisky market. #brokerofchoice #whisky #whiskyinsurance #scotch #scotchwhisky #distillery #distilleryinsurance #speyside #speysidewhisky
Speyside distiller defies global downturn
heraldscotland.com
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Bourbon Barrels Shortage Dilemma >> https://hubs.la/Q02mHgJM0 Over the past decade, a rapid increase in U.S. distilleries has exceeded cooperage growth, leading to a crisis in the whisky industry. The Bourbon Shortage has created a supply-demand imbalance for ex-bourbon barrels, affecting global whisky markets. This marks 2024 as a transformative year for the industry.
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Can Scotch whisky be bottled outside Scotland? 🥃 Now, you may have heard people use the term ‘Scotch’ as a catch-all for spirits like single malt or blended whisky. You may have even heard the people or products of Scotland referred to as ‘Scotch’. And, there’s a reason for that. 1️⃣ For whisky to be called "Scotch," it must be distilled, matured, and bottled in Scotland, as per the Scotch Whisky Regulations 2009. 2️⃣ There’s an exception, blended Scotch can be bottled abroad, but single malts must be bottled in Scotland. 3️⃣ These rules uphold Scotch whisky's global reputation for authenticity and quality. To be sold as Scotch, whisky must: - Be distilled in Scotland - Be aged in oak casks for at least three years - Have an alcohol by volume (ABV) of at least 40% - Be made of nothing more than grain, yeast, and water What’s your favorite Scotch? Let me know in the comments! 🥃👇 #sonalholland #masterofwine #scotch #whiskey #whisky #scotland #whiskyenthusiasts #whiskytips
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Good overview from the ACSA perspective--pointing out some top-of-thought issues like the fervent campaign to prevent small-business distilleries from connecting with consumers, the general headwinds faced by small- and mid-sized distilleries (as with many industries), and the need for legislative changes that provide distilleries in restrictive states the same opportunities as those in more supportive states. A couple quick notes: ➡ Prevention of DTC enactment has dragged on because one set of business owners are ready and willing to adapt to a changing marketplace, and another set of businesses is not. It is not any more complicated than that. The results of foot-dragging are far more complex, but know that *not a single consequence* is of benefit to the industry and its consumers. ➡ Distilleries are not alone in facing economic headwinds, but the industry is young enough that its players--as a whole--have limited to no experience with building strategy for an inhospitable market. There is little experience in opportunity determination and creation beyond "We make good spirits." Survival through the coming two to five years will be based on developing unified and fact-based strategies that drive tactics and execution. (Note: the most detrimental pattern I see is management's presumption that tactics are strategy, alas!) ➡ Hell, yeah, legislative changes need to be made in many states. But after now watching changes happen in three states, I'll be honest: The distilleries that complain make zero progress, but the distilleries that show legislators how to succeed get the job done. If you want legislative changes, step up. Research what has worked elsewhere, write the proposed legislation, show the benefit to the state, and make it easy for lawmakers to execute. Change isn't driven by complaint. It is achieved by action, investment, and collective understanding. Survival doesn't happen through hard work. It is achieved by focused assessment, planning, and targeted execution.
This week's WhiskyCast takes a look at the crisis U.S. craft distillers are facing...an average of one distillery has closed each week during the past year because of economic concerns and distribution problems... https://lnkd.in/e8-E9Y8w
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It's #NationalScotchDay! Scotch Whisky🥃 has a unique heritage spanning more than 500yrs, with the earliest documented record of distilling dating back to 1494. According to recent DISCUS data, 9.2 million 9-liter cases of #Scotch were sold in the U.S., generating $2.6 billion in revenues for distillers in 2023. #DYK that there are 5 #ScotchWhisky regions with each offering different flavor profiles & characteristics? They are Highlands, Speyside, Campbeltown, Islay and Lowlands. #ScotchDay
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One of our most popular annual buying guides dropped today: The Best Bourbons for 2024. This year's tasting was led by Tim McKirdy. You can go straight to the list at https://lnkd.in/eFhBH8kV but if you want to know a bit more about our process keep reading... While agave-based distillates remain waiting in the wings, America’s “native spirit” continues to sit comfortably on the United States’ spirits throne. The #bourbon industry administered a $9 billion injection into Kentucky’s economy alone in 2023, and by no means is the Bluegrass State the only major player in the game. Interestingly, though bourbon’s dominance persists, the narratives surrounding the spirit are in a state of flux. The oft-cited claim that Kentucky makes “95 percent of the world’s supply of bourbon” seems even more absurd with every passing year. Meanwhile, craft producers have become a force to be reckoned with, highlighted by the staggering $420 million Gruppo Campari recently paid for a 70 percent stake in Wilderness Trail, valuing the brand and distillery at $600 million a mere 10 years after its inception. And even the fiercest skeptics are changing their attitudes to once-maligned contract distilling, prompted in part by the increasing transparency of those employing the services of third-party producers. Take none of this as an insinuation that legacy producers are resting on their laurels. In fact, as craft distillers continue to play catch up, the biggest names in bourbon have forged ahead, introducing the most exciting innovations in recent years. While we’re guilty of stating this in practically every iteration of this annual list, it certainly seems there’s never been a better time to be a bourbon drinker. While price is completely objective, we understand that “affordability” is not. So this list is not composed solely of the 30 highest-scoring bottles we sampled. It’s a comprehensive editorial roundup showcasing the best bottles at every price. With all that said, here are 30 of the best bourbons at every price point for 2024
The 30 Best Bourbons for 2024
vinepair.com
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US Bonded Wine Producers increased by 884 in Q3, pushing 2024's growth to 1,166 new permits, highest since 2018. Key Takeaways: -Total bonded wineries hit 18,668 in Q3 2024, up 1,166 YTD -Texas led non-CA regional growth with 167 new permits in Q3 -California maintains market dominance with 6,663 total permits -Texas and Oregon both surpassed 1,000 permits in 2024 -Florida bonded wineries hit 233, up 23% from 2023 (190) Source: https://lnkd.in/ep_eB35e #wine #TTB #bondedwineries #winedata
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What do changes in the beer market and drinking habits portend for one of the most creative and influential beer-producing countries? These data points from the Belgian Brewers industry group provide an eye-opening glimpse. https://lnkd.in/g5m-JMVX
Infographic: Brewing in Belgium
brewingindustryguide.com
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The Foundation of Great Beer: Our Water Source At Wold Top Brewery, we understand that exceptional beer begins with exceptional water. Our commitment to quality starts with our water source, which plays a crucial role in the flavor and consistency of our brews. Our water is sourced from a borehole that taps into the naturally filtered chalk aquifer beneath the Yorkshire Wolds. This ancient aquifer provides water that is not only pure and crisp but also imparts a unique character to our beers. Here’s why our water stands out: Natural Filtration: The chalk aquifer naturally filters the water, removing impurities and adding mineral qualities that enhance our beer's taste. Consistent Quality: Our borehole delivers water with a stable composition, which is essential for preserving the quality and flavour profile of our brews. Pure Flavour: The purity of our water allows the true flavours of our ingredients to shine, reflecting our dedication to quality. Here’s to celebrating the often-overlooked hero of brewing—pure, Yorkshire Wolds water! 🍻 #WoldTopBrewery #CraftBeer #WaterInBrewing #YorkshireWolds #ChalkAquifer #BreweryLife #BeerLover #SustainableBrewing #PureWater #BeerMaking
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Get buying them there bourbon casks! An investment that is only going to appreciate!