Tequila officials, meanwhile, believe there could be an agave shortage on the horizon, Sánchez said.
"When the price of agave is low, people get demoralized and abandon their crops," he said.
During the last agave shortage in 2001-02, some premium tequilas cost a few dollars more a bottle. Some distillers added other types of alcohol to their tequila to stretch supplies. Tequila has to contain only 51% pure agave to carry the name.
Well, it looks like farmers are trading their agave plants for the quickly rising price on corn. Yay for Ethanol. Boo for higher tequila prices.
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