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11.2013

Massachusetts Beverage Business

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THE GREAT AGAVE SHORTAGE

LIKE TOP SHELF TEQUILA? Stock up now because it’s going to be hard to come by for the next few years.  The tequila industry’s agave crisis, which has seen prices rocket 5OO% in two years due to a shortage of supply, is likely to continue for another five years, according to Jesús Hernández, Master Distiller of Olmeca.  Talking to Drinks International, Hernández said prices had risen “from 1 peso/kg to 5 peso/kg in the last [...] Read More »

THE BOURBON BOOM

IT’S NOT JUST TEQUILA that’s in short supply. Bourbon whiskey consumption has been on a roll, and Kentucky’s bourbon distilleries are struggling to keep up with demand. Nowhere is this more true than at Buffalo Trace Distillery, producer of brands such as Blanton’s, Buffalo Trace, Eagle Rare, Elmer T. Lee, and Pappy Van Winkle. Buffalo Trace ages many of its barrels for eight to ten years, and some even as long as 23 years. That’s [...] Read More »

RHODE ISLAND TO ELIMINATE SALES TAX ON SPIRITS AND WINE

As of December 1, Rhode Island will eliminate its 7% sales tax on spirits and wine, but not on beer. The reason is to better compete with lower taxes in neighboring Massachusetts. The General Assembly passed the law earlier this year. At the same time, the state has increased the excise tax on alcohol. [...] Read More »

A BARGAIN FOR A RARE SCOTCH

IF YOU THINK $17,OOO is a bargain for a bottle of Macallan 6O Years Old Single Malt then you’re in luck.  You may have to travel to Arizona for it but a Costco there is selling a bottle of the normally $2O,OOO Scotch for a mere 17K (or $85O a shot).  Only 4OO bottles of the rare whisky were made, with 72 for sale in the US and Costco got its hands on one of [...] Read More »

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