Posts in Bloomberg
The Men With a Monopoly on Beluga Caviar in the U.S.

Caviar has, historically, been a luxury ingredient. Now it’s garnishing everything from potatoes to waffles to donuts. But there’s one kind that U.S. consumers haven’t been able to get.

True beluga caviar—the roe from a beluga sturgeon—has been illegal in America since 2005, when the U.S. Fish and Wildlife Service (FWS) banned the import of all beluga products from the Caspian Sea.

Read More
The Japanese Spice Blend Taking Over America

A good bowl of ramen seems unimprovable, if not for the discrete, red-topped bottle often sitting aside it. Shake the jar and out falls an array of seasonings that brightens and heats simultaneously. This is shichimi togarashi, and it’s making its way from the ramen counter to the spice rack of fine-dining kitchens…

Read More
Oregon Winemakers Turn Wildfire Losses Into Collectible Bottles

As climate change has become more destructive, and unpredictable weather more commonplace, the threat to vineyards has become unavoidable. But in the Rogue Valley in southern Oregon, a test case is unfolding that demonstrates that even in the face of sizable crop loss and broken contracts—and the resulting inability to re-sell a sensitive agricultural product before it rots—wine grapes can be rescued.

Read More
Internet Beef Is Taking Advantage of Not-So-Hot Supermarket Meat

Plant-based cuisine was one of the biggest food trends of 2018. At the same time, beef sales were massive. Nielsen has reported that beef saw the biggest change in U.S. sales in the past few years, with almost 11 percent more pounds sold in 2018 than in 2015. Beef consumption is expected to continue to rise, to 58.8 pounds per person in 2019, 2.8 percent higher than last year, according to forecasts from the Cattle Site.

Read More
Why Kombucha May Never Make It Really Big

High fructose corn syrup, the ubiquitous sugar substitute blamed for slowly killing Americans through diabetes, obesity and heart disease, has been under assault for almost 15 years. One of its biggest users—the carbonated soda ecosystem—has been shrinking in the face of public health concern and plummeting soda consumption, now at its lowest point in three decades.

Read More
Investing in Fine Wine Is More Lucrative Than Ever

Buying rare wines is like investing in a startup: You need ten years of runway to see significant returns. But unlike a startup, wine is a lot more lucrative these days.

Had you allocated $100,000 to Cult Wines, a U.K.-based wine portfolio manager, your money—which is to say your wine—would have returned an average of 13 percent annually. In 2016, its index performance was actually 26 percent.

Read More
How to Launch an Acclaimed Winery for $8 Million or Less

Even by Napa Valley’s astronomical real estate standards, the sale of Heitz Wine Cellars for a reported $180 million raised eyebrows. It’s the new normal there, though: According to the Napa-based County Appraisals Inc., vineyard properties in the area now routinely go for $400,000 an acre.

Read More
Brooklyn’s Ample Hills Positions Itself to Be the Next Ben & Jerry’s

Ample Hills Creamery Inc. is known around New York for its indulgent, over-the-top ice creams such as Salted Crack Caramel and Chocolate 3 Ways. Around the country, it’s recognized as the official ice cream of the Star Wars film franchise, and whose limited-edition Dark Side and Light Side flavors, released in conjunction with The Force Awakens, sold 40,000 pints online.

Read More