Thursday, February 8, 2018

WE SURVIVED THE LIME SHORTAGE OF 2014, BUT NOW… "The world is facing a tequila shortage"

Does this explain why Bacardi bought Patrón a few weeks ago?

The headline story from the New York Post:

The world is facing a tequila shortage
AMATITAN, Mexico – In the heartland of the tequila industry, in Mexico’s western state of Jalisco, a worsening shortage of agave caused by mounting demand for the liquor from New York to Tokyo has many producers worried.

The price of Agave tequilana, the blue-tinged, spikey-leaved succulent used to make the alcoholic drink, has risen six-fold in the past two years, squeezing smaller distillers’ margins and leading to concerns that shortages could hit even the larger players.

In front of a huge metal oven that cooks agave for tequila, one farmer near the town of Amatitan said he had been forced to use young plants to compensate for the shortage of fully grown agave, which take seven to eight years to reach maturity.

He asked not to be identified because he did not want his clients to know he was using immature plants.

The younger plants produce less tequila, meaning more plants have to be pulled up early from a limited supply — creating a downward spiral.

“They are using four-year-old plants because there aren’t any others. I can guarantee it because I have sold them,” said Marco Polo Magdaleno, a worried grower in Guanajuato, one of the states allowed to produce tequila according to strict denomination of origin rules.

More than a dozen tequila industry experts interviewed by Reuters said that the early harvesting will mean the shortage is even worse in 2018.

Already, the 17.7 million blue agaves planted in 2011 in Mexico for use this year fall far short of the 42 million the industry needs to supply 140 registered companies, according to figures from the Tequila Regulatory Council (CRT) and the National Tequila Industry Chamber (CNIT)....MORE
Previously:
June 2007
Ethanol News
Intensive farming of tequila plant harming biodiversity.From NewScientist.
Mexicans torch tequila fields for ethanol boom corn.From Reuters.
May 2017
"The Great Agave Shortage Squeezes Tequila"
June 2017
News You Can Booze: Drinking Tequila Linked to Weight Loss

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