301 - The World's Most Remarkable Whiskeys from The Last Drop Distillers with Rebecca Jago

Bourbon Pursuit

Hobbies, Food, Arts, Leisure

4.9 • 866 Ratings

🗓️ 15 April 2021

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Last Drop Distillers is known for acquiring extremely old and rare spirits from across the world. We chat with Rebecca Jago, Managing Director of The Last Drop Distillers, to hear their story. It's an interesting history of generational knowledge and their release of the 1980 Buffalo Trace is what caught our attention. We even got a chance to try it on a past Whiskey Quickie and it blew us away. Listen to hear about their partnership with Sazerac and how they plan to sustain their business model. Show Notes: This week’s Above the Char with Fred Minnick talks about used rye barrels. What is on your bucket list? What is The Last Drop Distillers? Do you have an emotional standard when tasting a rare whiskey? How do you grow and sustain a business like this? Do you seek out sellers or do they seek you out? How do you determine if something is really unique or rare? Talk about the 1980 Buffalo Trace. Tell us about the rationale behind the pricing. Do you think bourbon is deserving or price point like this? @lastdropdistillers Support this Podcast on Patreon

Transcript

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0:00.0	So whether it's just a cold beer at the end of a game of golf or a really extraordinary
0:06.8	bourbon at the end of an amazing evening, it's about that moment in time and the memories
0:13.7	that those spirits make for you. This is episode 301 of Bourbon Pursuit, the podcast featuring news, reviews, and interviews, with people making the bourbon whiskey industry happen.
0:34.0	I'm one of your host, Kenny Coleman, and before we start today's episode, talking
0:37.5	about the last drop distillers, here's your weekly bourbon news update. The acquisition of Luxco
0:43.4	by MGP was completed back on April 1st. It's a deal valued at $475 million. But MGP said the move
0:50.7	was part of the firm's long-term strategy focused on shifting to products of higher
0:54.8	value and would significantly expand the business and will improve MGP's gross margin and cash flow.
1:01.9	U.S. representatives from Kentucky have sent a bipartisan letter to U.S. trade representative
1:06.6	Catherine Tye asking to help suspend the tariffs on American whiskey. Congressman John
1:11.7	Yarmouth and Andy Barr, both co-chairs of the Congressional Bourbon Caucus, led the effort
1:16.6	for the letter. It's signed by 48 other colleagues in the House as well, and it asked for
1:21.2	Ty to work with the European Union and the United Kingdom to immediately stop the tariffs
1:26.1	on the export from the U.S. before it starts
1:28.7	increasing to 50% on June 1st. Last year, more than 2,000 craft distillers in 37 states
1:35.1	exported American whiskey, and according to the letter sent to tie, the distillery sales
1:39.6	have decreased by 41%, while 31% of their employees have been furloughed since the start of the COVID-19 pandemic.
1:47.0	The American Distilling Institute is now accepting submissions for the Distilling Research Proposals.
1:53.0	There are currently three research investigations funded by the research grant back in 2020 that are currently going underway.
2:00.0	One is looking at ethyl-carbamate and bourbon.
2:02.7	One project is investigating the effect of proofing rates in whiskey and a research study into
2:07.8	the heritage varieties of corn. The request for proposals runs from April 5th to May 14th.
	...

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