With recovery efforts from the Napa earthquakes still in process and the full extent of the damage to the wine region still being assessed, now comes word from Italy that wine production will be down 14% due to a rainy summer season. These factors as well as a significant drop in Spanish production now means the French could possibly once again take over as the world’s leading wine producer. However, those French folk can’t rest easy: it seems as if those surly New Yorkers might have your number in short order. [Bloomberg]
What do the American Beverage Licensees, The Beer Institute, Brewers Association, Distilled Spirits Council of the United States, National Association of Beverage Importers, National Beer Wholesalers Association, The Presidents’ Forum of the Distilled Spirits Industry, WineAmerica, Wine Institute, and the Wine & Spirits Wholesalers of America all have in common? Other than sounding quite official, they have collectively banded together in a letter addressed to those overachieving go-getters in the United States Congress, urging Congress to honor the Obama Administration’s request and fully fund the Alcohol and Tobacco Tax and Trade Bureau (TTB). The letter highlights the importance of a properly functioning TTB stating
“We need a well-funded TTB to be able to process label requests quickly in order to get new products to market in this highly competitive global marketplace. We also need a well-funded TTB to prevent and guard against unscrupulous actors from entering our marketplace who otherwise could harm the public with dangerous products, which has occurred outside of the United States with counterfeit alcohol,”
There’s also need a fully functioning TTB to cut down on a few other problems as well. No official Congressional response yet (they’re still gridlocked on what to say), but the TTB said it would gladly review any funding request forms and would respond anywhere from 14 to 45 days from now (they’re really busy).
Paperwork submitted on behalf of Balcones board of directors in a suit against brand creator Chip Tate have been published courtesy of the website Whisky File. Like all business matters reaching legal levels of intervention, the story is complex and convoluted. There’s no real narrative becoming clear yet — something about Tate not cooperating with the board — as Tate’s side of the story has yet to be presented. Whisky File does an excellent job breaking down the details and providing some much needed analysis. [Whisky File]
And finally today: Shanken gives a brief overview at the challenges currently facing bourbon producers in Kentucky, and how they’re trying to find solutions to keep up with demand (both global and domestic) for the supply. [Shanken News Daily]