Tequila Sales Overtake Bourbon in the US
Tequila sales overtake bourbon and rum in the United States. Agave-based spirits now represent the third largest category of spirits, just behind vodka and whiskey in the U.S. Agave-based spirits grew a remarkable 20% in 2021 alone, outpacing the 10% growth of bourbon in the same time period. The future looks bright for agave spirits […]
Perfect Storm Creates Dramatic Rise in Coffee Prices
Increased demand, drought and frost in Brazil and increased transportation costs have contributed to a dramatic increase in coffee prices over the last year. Unusually dry conditions last year and this year have reduced yields after a record harvest in 2020. On top of drought conditions, Brazil experienced its worst frost since 1994. The coffee […]