1st, I got the prices from a guy named Nick at a wine wholesaler in Connecticut. However I'm starting to question the pricing and I think I will actually call up a grower or two here in my area and ask the same questions and see what I'm told.
However assuming the pricing I got from Nick was accurate, then the material cost for Mead and Wine are similar (remember that the actual material cost is a small part of the the overall cost for a winery or meadery). So I assume the fact they they can afford to age longer has a lot to do with just the massive volume of wine sold.
In addition is the fact that they have been at it for a long time, so if you only save back a couple percent of your yearly production each year, now 20-50 years later you have a whole years worth of production that has been sitting around. It's hard to start a business with the idea that you can't sell any of your product for the first couple of years.
However assuming the pricing I got from Nick was accurate, then the material cost for Mead and Wine are similar (remember that the actual material cost is a small part of the the overall cost for a winery or meadery). So I assume the fact they they can afford to age longer has a lot to do with just the massive volume of wine sold.
In addition is the fact that they have been at it for a long time, so if you only save back a couple percent of your yearly production each year, now 20-50 years later you have a whole years worth of production that has been sitting around. It's hard to start a business with the idea that you can't sell any of your product for the first couple of years.