[BND] Kane's Beverage News Daily

Good Morning and Happy Thursday, November 12, 2026.

U.S. Wine & Spirits Market Beginning to Stabilize; Improvement Uneven: SipSource

There's good news today: There's increasing evidence the U.S. wine and spirits business is beginning to stabilize, although real improvement may be a year or more off. But, as the saying goes, when you're in a hole, the first thing to do is stop digging, and so the first thing that must happen before a real improvement is possibile is for the market to stabilize. And that is happening, Wine & Spirits Wholesalers of America's SipSource service reports. To be sure, improvement remains uneven across categories,

How Trump's Tariffs Are Making Australian Wineries Great Again

Australia is benefiting from the collapse in US wine exports to Canada, with Hill-Smith Family Estates predicting the country could soon overtake America as its third-largest market.

Spring Mountain Estate & Juslyn Vineyards Sells for $10.92 at Auction

Interluxe Auctions annmounced the sale. It's believed to be the highest residential sale on Spring Mountain Road in the past 10 years and ranks among St. Helena’s top residential sales in recent years. Overlooking Napa Valley from Spring Mountain, the approximately 40-acre property combines a roughly 9,600-square-foot residence with vineyard and winery holdings associated with Juslyn Vineyards in the Spring Mountain American Viticultural Area. Features include

Why Gen Z Is Cutting Back on Drinking

Rumors of a "dry generation" are overstated, The New York Times reports. But, it says, young people definitely are drinking less. Why? It's not that they have switched to cannabis? There hasn't been enough uptake in cannabis to accou0nt for the alcohol decline. Nor, to a large extent, to antialcohol propaganda, although the message certainly has made an impact. The No. 1 reason why young people think drinking has declined: the high cost of a night out: * In Washington, DC, cocktails are priced . . .

Shannon Family of Wines Marks 30 Years of Family, Farming and Wine

In 1996, Clay Shannon "saw something special in Lake County—the land, the opportunity and the chance to build something our own way,” and so he set out to establish a winery and ranch in Lake County, Calif. Together, owners Clay and Angie Shannon built a family wine business that reflects the region’s rugged character and their belief that great wine begins with thoughtful farming. said Clay Shannon, proprietor of Shannon Family of Wines. “While these are challenging times for the wine industry , , ,

Bud Light and Omaha Steaks Introduce "Fight Night Feast" Ahead of UFC 334

Bud Light, the Official Beer Sponsor of UFC, is cheffing up something special for fight night fans 21+ by dropping a limited-edition "Fight Night Feast" powered by Omaha Steaks helping friends get together for fight night. Available starting Nov. 17 for $99 on OmahaSteaks.com, fans 21+ can purchase a kit packed with everything needed for a championship-worthy watch party. The "Fight Night Feast" kits will be available for purchase while supplies last and include:

Smirnoff Ice and Brittany Broski Keep Fans Guessing With NEW Holiday Collection

Smirnoff Ice and Brittany Broski are tired of the same old holiday traditions, so they’re shaking things up with a holiday season full of unexpected surprises and even more chaos. So, what’s in store? Fans can head to Shop.Smirnoff.com to shop the brand’s first-ever holiday collection. And who better to show it off than Brittany Broski herself? The full collection makes an appearance throughout Brittany’s new holiday spots, featuring a limited-edition lineup of festive finds worth adding to

Jack Daniel’s Debuts 2026 Heroes Selection: A Single Barrel Barrel Proof Rye

Jack Daniel’s announced the limited release of its 2026 Heroes Selection — a Single Barrel Barrel Proof Tennessee Rye Whiskey hand-selected by U.S. Army veteran and distillery foreman Jason Bobo in honor of his fellow service members. How It's Made: The 2026 release began with Jack Daniel’s classic Tennessee Rye Whiskey mash bill of 70% rye, 18% corn, and 12% malted barley, which was distilled, charcoal mellowed, and then matured in new American white oak barrels on the highest floors of barrel

What I'm Reading --

Military veteran buys Livermore winery, opens doors to veterans The Concannon Vineyard owner wants to open his doors to fellow military veterans. (NBC Bay Area) The Guest Who Came for the Company What to teach tasting room staff before the holiday reach. (Patrick R. Dunn)

Who & What --

Stoller Wine Group’s President Gary Mortensen has been named one of the Portland Business Journal’s 2027 Executives of the Year for his continued leadership, strategic vision and contributions to Oregon’s business community. He was previously honored in 2022. With the broader wine industry navigating shifting consumer preferences, distribution challenges, and economic uncertainty, Stoller Wine Group continues to invest in its future. As highlighted in a recent Portland Business Journal feature . . .

Thanks for reading. I'll be back tomorrow. – Joel