Beware, There Is a Bourbon Drought

Beware, There Is a Bourbon Drought

Assessment

Interactive Video

Business

University

Hard

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The video discusses the bourbon shortage, particularly in premium and older aged bourbons, due to underestimated demand and production lag. Harlan Wheatley, master distiller at Buffalo Trace, explains the company's expansion efforts to address the shortage. Consumers are advised to plan purchases by understanding local store deliveries. The video also explores the potential for oversupply and the growing global market for bourbon.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the shortage of bourbon according to Harlan Wheatley?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the lag between production and market availability in the bourbon industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did Buffalo Trace spend on expanding warehousing and production last year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice does Harlan Wheatley give to consumers regarding stocking up on bourbon?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What markets are mentioned as new opportunities for bourbon sales?

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