Valuing wine stash can be a circuitous journey | Tequila, whiskey help boost US spirits sales volume | Expert: Grape surplus expected in Calif.
January 18, 2019
Wine & Beverage Edition
News for wine and beverage professionals
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What’s on Tap
Valuing wine stash can be a circuitous journey
Old wines aren't necessarily worth a lot for resale based purely on age, but determining the exact value can take a bit of work, Lettie Teague writes. Even if the wine is a highly sought-after one, it needs to have been stored carefully and have questions of authenticity answered, she writes.
The Wall Street Journal (tiered subscription model) (1/17) 
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Beverage Buzz
Tequila, whiskey help boost US spirits sales volume
Despite a small drop in overall alcohol consumption in 2018, spirits increased 1.9% by volume, per IWSR data. The sales increase was led by strong growth in tequila, up strongly at 8.5%, and whiskey.
The Spirits Business (U.K.) (1/17) 
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Expert: Grape surplus expected in Calif.
Plentiful harvests and lower demand for grapes are likely to create a surplus in California's wine country, says Ciatti partner Glenn Proctor. As such, vintners are likely to cancel purchase contracts and either renegotiate grape prices or buy grapes on the spot market, Proctor says.
North Bay Business Journal (Santa Rosa, Calif.) (1/17) 
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Other News
Behind the Bar
Asian beer on tap provides balanced partner to meal's flavors
Asian beers tend to make smooth-drinking meal accompaniments, and more restaurants offering Asian fare are providing them on tap to fill that role. "A lager blends well with all of it, whether it's something delicate like sushi or spicy like Mongolian beef," says Mary Melton, beverage director for P.F. Chang's.
Food Newsfeed (1/17) 
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Equal parts seem to hold the ultimate Corpse Reviver No. 2 together
The best version of the Corpse Reviver No. 2 cocktail seems to be an equal-parts version that balances its citrus and dry gin flavors, Robert Simonson writes. Absinthe's return to the US market has helped this drink revive its fortunes on US menus, he writes.
Punch (1/17) 
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SmartBrief Originals
Most Clicked: Take a look at this week's hottest food and beverage industry stories with SmartBrief
P.F. Chang's sale, CBD snacks drew in readers this week
News that two private-equity firms will pay $700 million to acquire P.F. Chang's ranked among the top 10 most-read food-and-beverage stories this week, along with a tale of trendy CBD-infused food and drink. New product categories at Bob's Red Mill and Bush's topped this list.
SmartBrief/Food & Beverage (1/18) 
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Fresh Pours
AB InBev to debut Bon & Viv seltzer brand
AB InBev is growing its portfolio with the upcoming debut of the Bon & Viv seltzer line. "People are looking for something that tastes good but also allows them to live well," said Chelsea Phillips of AB InBev's Beyond Beer unit.
The Wall Street Journal (tiered subscription model) (1/17) 
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What's Shaking
CIA Association News
Don't miss the fourth Annual CIA Sommelier Summit January 27-29, 2019!
Don't miss the fourth Annual CIA Sommelier Summit January 27-29, 2019!
(Victor M. Samuel)
Take your beverage career to the next level! Join us for the CIA Sommelier Summit January 27-29, 2019 in Napa Valley, CA. This three-day conference brings together a dynamic group of wine and beverage professionals to discuss what's trending in the beverage world. The 2019 summit will focus on "digging deep" into the beverage industry. This year, we're giving you access to exclusive tasting opportunities, and we'll explore trending pairing techniques, sommelier communication styles, deep dives into wine regions, and an archeological perspective on wine. Register today!
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I liked being half-educated; you were so much more surprised at everything when you were ignorant.
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