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The Tequila Shortage Could Be Almost Over

8 monthes ago   |   By Fortune

While it wasn't a drought, the spirits industry has been lamenting a tequila shortage over the past couple of years, boiling down to fewer agave plants being planted and then pulled from the ground. That means higher prices for the plants that are harvested in a given year.
But tequila lovers might soon have something to toast if new projections turn out to be true.
“We're at peak agave shortage, but that should end soon,” says Pepe Hermosillo, founder and CEO of Casa Noble , a maker of premium blue agave tequila. Specifically, Hermosillo predicts that agave yields should return to normal...
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