213 - Secondary Fallout, MGP Stock Drop, and Brand Perception on Bourbon Community Roundtable #35

Bourbon Pursuit

Hobbies, Food, Arts, Leisure

4.9 • 866 Ratings

🗓️ 8 August 2019

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s a dawn of a new day. The secondary market is scrambling to find a new home and we look at the impact this has on bourbon growth. MGP stock prices took a major hit after reports came out that aged stock hasn’t been selling and we look at new competitors in the bulk contract game. Missouri is putting itself on the map having a legally designated bourbon, but are there ulterior motives? With Knob Creek re-instating the 9 year age statement, does it make it one of the best values in bourbon? With all of these coming together, how are brands being perceived? All this on Bourbon Community Roundtable #35 Show Notes: Reddit AMA with the Russell’s https://www.reddit.com/r/IAmA/comments/cme0nf/hey_reddit_im_wild_turkey_master_distiller_eddie/ This week’s Above the Char with Fred Minnick talks about drinking bourbon how you want. Let's discuss the fallout of the secondary market on Facebook. How do you think the secondary groups will shift? What do you think of the MGP stock plummeting? https://www.barrons.com/articles/mgp-ingredients-stock-aged-whiskey-sales-earnings-51564610232 Is MPG now competing with new distillate like Willet? Do they still have higher age bourbon stock? Let's talk about the new Missouri rules for bourbon. http://whiskyadvocate.com/missouri-bourbon-whiskey-style/ Do you think this will happen in other states? What do you think of Knob Creek restoring their 9-Year Age Statement? http://chuckcowdery.blogspot.com/2019/06/knob-creek-to-restore-9-year-age.html Are Knob Creek picks the best value in bourbon? Is the market oversaturated with Knob Creek picks? Have you seen variances in Knob Creek single barrel picks? How do you perceive brands when they raise prices? Thanks to Blake from bourbonr.com, Jordan from breakingbourbon.com, and Sara from barbelleblog.com for joining.

Transcript

Click on a timestamp to play from that location

0:00.0	We got the four of us tonight, so we're going to, like I said, a little bit of a skeleton crew, but that's okay.
0:05.7	Oh, is it just the four of us? No Ryan either. No Ryan is a community roundtable recording, so we've only got just a little bit of news that we didn't talk about in the podcast.
0:35.5	And the first one is there was a Reddit AMA or an Ask Me Anything with Bruce and Eddie Russell.
0:41.7	There was a lot of talk about the Cornerstone Rye, which is part of their newest release.
0:46.2	But there was one question that came up on the subject of Dusties that I found pretty interesting.
0:52.2	And it talked about if there's any plans to release some
0:55.2	older age-dated bottles that have a similar makeup or construct to some of the dusties that they've
1:01.3	had before. Obviously, some of the thrill of them is that they're no longer produced. And, you know,
1:06.2	we've all had a taste to probably try some mid-80s wild turkey cheesy gold foil and the likes of that.
1:13.4	And of course, many of us would like to think that, hell, that's never going to happen.
1:17.6	No one can replicate Dusties.
1:19.4	But here's what Eddie said in response to that.
1:22.5	He said that there is some stuff in development that's as close to cheesy gold foil as we've gotten since that release.
1:29.3	The taste is very similar.
1:31.0	Well, that's quite the cliffhamer, and that's about the juiciest detail I could find.
1:35.6	If you want to read the entire Reddit AMA, you can get the link in our show notes.
1:40.1	Today's episode was recorded on Monday, August 5th, which would have been Elmer T. Lee's 100th birthday.
1:47.4	We talked a bit on the podcast as Jordan sort of gave us the reminder because it was to see Buffalo Trace Distillery releasing a commemorative bottle in honor of his 100th birthday.
1:58.8	Here's a little information on Elmer that you may have never heard before.
2:02.6	On August 5th, 1919, Elmer T. Lee was born
2:06.7	on a tobacco farm near Peaks Mill
2:08.9	in Franklin County, Kentucky.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bourbon Pursuit, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bourbon Pursuit and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.