EPISODE · Jul 17, 2026 · 4 MIN
Australia's Smallest Crush in 25 Years
from AlcBev in Five
Australian wine harvest falls to 25-year low. Australia's 2026 crop hit a quarter-century low, yet grape prices kept falling, signalling a supply glut a smaller harvest hasn't cleared. (The Drinks Business, Just Drinks) Fine wine market stabilised in H1 as US buyers returned. Liv-ex data cited by trade press frames renewed US buying as the swing factor steadying fine-wine prices while Asian demand stays subdued. (The Drinks Business, Harpers Wine & Spirit Trade News) Brown-Forman faces questions as CEO prepares to exit. With a leadership transition looming, Just Drinks asks whether Brown-Forman will recruit externally, as Diageo and Heineken did. (Just Drinks) Also moving today: Bourbon’s Super-Premium Tier Outpacing The Market (Shanken News Daily) Irish whiskey to outpace Scotch in travel retail (The Spirits Business) Ian Macleod scales back Scotch production (The Spirits Business) Uncle Nearest’s Receiver Turns Fraud Narrative Back On Lender, Alleges Farm Credit Mid-America Ignored ‘Red Flags’ & Benefitted Financially (Brewbound, BevNET, The Spirits Business) Pernod Says Jameson, Redbreast Well Positioned Despite Tough Conditions (Shanken News Daily)
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What this episode covers
Australia's 2026 wine harvest slumped to a twenty-five-year low, and The Drinks Business and Just Drinks report grape prices kept falling despite the smaller crop, pointing to a supply glut. Liv-ex data cited by The Drinks Business and Harpers shows US buyers steadying the fine wine market through the first half as Asian demand eased. Also today: Brown-Forman's succession question after Lawson Whiting's retirement, Ian Macleod cutting Glengoyne and Rosebank output thirty percent, and a receiver's counterclaim in the Uncle Nearest litigation.
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Australia's Smallest Crush in 25 Years
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