I have read a few articles lately regarding how the drought has caused the price of corn to raise to record highs. I know what bourbons I like to drink but I don't know much about the business side of making whiskey. How will the higher cost of the corn affect the bourbon distillers? Do the distillers have contracts with grain suppliers with fixed prices so they won't feel the impact of the price increases during the contract period? If not will the cost of the bourbon be higher when the whiskey produced this year is bottled or will the cost be passed on to the current bottlings. I am assuming the cost of corn is going up because the harvested amount will be lower than normal. Will this mean that bourbon production will decrease this year due to lack of corn availability? I am still seeing good deals on bourbon in the stores in my locale so as of yet the corn prices don't seem to be affecting the cost of bourbon.