Economics of Chocolate
Did you know:
Chocolate requires the addition of extra cocoa butter to cocoa liquor, leading to an excess of cocoa solids and thus a relatively cheap supply of cocoa powder. This contrasts with the earliest European usage of cocoa where, before milk and dark chocolate was popularized, cocoa powder was the primary product and cocoa butter was little more than a waste product.I've heard of a similar dynamic with sherry casks (which are in demand for finishing scotch) and sherry.
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At first, Independent Stave just made staves — the slats that make up a barrel, hence the name — because many distilleries fashioned their own barrels. It was a good business to be in, thanks to the 1935 Federal Alcohol Administration Act, passed two years after the end of Prohibition, which requires virtually all American whiskey to be aged in new barrels. Once a barrel is used, no matter how short the aging period, it must be replaced.
http://www.nytimes.com/2016/08/28/business/packing-technology-into-the-timeless-barrel.html?
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