I was reading an article today which discussed the high demand of Kentucky Bourbon. Shane Ferro of the Business Insider stated, “Because of the recent spike in popularity of the brown spirit, distillers, who generally need to age even the cheapest stuff for 8-10 years, are warning that a major shortage is coming.”
Here’s what Buffalo Trace had to say in its distillery email blast today:
Last year we warned consumers that a shortage was looming, but many markets across the nation are just now feeling the full effects. Along with increased production, adding more bottling lines and hiring more people, we have also hired a full-time barrel allocation manager, just as we intended last year. Despite the increase in distillation over the past few years, bourbon demand still outpaces supply. Bourbon must be matured in new oak barrels and we age many of our barrels for eight to ten years, and some over two decades. That’s a long time to wait for a bottle of bourbon. Not to mention, with the amount of bourbon lost to evaporation over time, barrels are half empty after ten years. The increase in sales, coupled with the aging process and evaporation loss, leads to a shortage with no end in sight. Thank you for your patience and understanding as we try to catch up!
We carry many rare bourbons at Roy’s Liquor in Summerlin including Buffalo Trace products. Most of our clients that appreciate fine liquors who have heard about the potential price increases, have been stocking up on the finest of bourbons. Please stop by to see our inventory. In addition, we can special order the hardest to find bourbons.