Saturday, January 12, 2008

2008:agave surplus high

Our quest today brings us to a very enlightening story about the current glut in surplus of Blue Weber Agave in Mexico. Just like the photo we chose says, "Mucho Tequila" is what is in store for this new year. Just seven to eight years ago at the turn of the new millenium there were armed guards protecting blue agave crops. There was such a shortage at that time that farmers and distilleries had to be very weary of potential theives. According to an article we found at tequilasource.com some 1.5 million metric tons of ripe agave came onto the market in 2007 and the tequila industry will use only half of it. A similar surplus is expected in 2008. Tequila makers aren't complaining, of course, but the thousands of farmers who grow agave are seeing red.
Millions of dollars in federal money to bail out farmers hasn't been distributed. Some farmers reportedly burned their agave in desperation and planted corn used for ethanol production instead. Farmer protests could be a fixture of tequila-country visitor tours through 2009.
Industry observers saw the glut coming as long as a decade ago. On a very basic level, the shortage up to 8 years ago caused too many people to begin farming Blue Agave. People who were not even farmers were buying land and planting agave. It seems that things are way out of balance right now. Considering agave grows in 7 year cycles, the year 2014 is already at risk for shortages and increased prices. Experts say that we, as consumers, will not see a drop in tequila prices due to the high cost of transportation these days.
We are keeping our fingers crossed for the agave farmers right now. If they do not get sufficient aide from their government, they could face very hard times for some time to come. Just think..... drinking your favorite tequila more regularly could help feed hungry farming families in Mexico. Go ahead, have a glass for the sake of good people.

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