The California wine grape harvest of 2016, while far from complete, is shaping up to be a “normal” size of about 3.9 million tons, according to one of the industry’s closest observers of grape and wine supply and demand. The total crush will not be as big as the boom years of 2012, 2013 and 2014, predicted Glenn Proctor, partner in the Ciatti Co. brokerage. “It’s more of a normal year in our estimate, but much better than we thought earlier in the year,” Proctor said during a presentation Sept. 27 at the Wine Industry Financial Symposium. He added that the crop size will be slightly larger than the 3.7 million tons recorded in 2015, however, and will help to balance the supply-demand situation for California growers and wineries alike.

Read more at: http://www.winesandvines.com/template.cfm?section=news&content=175163
Copyright © Wines & Vines

he California wine grape harvest of 2016, while far from complete, is shaping up to be a “normal” size of about 3.9 million tons, according to one of the industry’s closest observers of grape and wine supply and demand. The total crush will not be as big as the boom years of 2012, 2013 and 2014, predicted Glenn Proctor, partner in the Ciatti Co. brokerage. “It’s more of a normal year in our estimate, but much better than we thought earlier in the year,” Proctor said during a presentation Sept. 27 at the Wine Industry Financial Symposium. He added that the crop size will be slightly larger than the 3.7 million tons recorded in 2015, however, and will help to balance the supply-demand situation for California growers and wineries alike.

Read more at: http://www.winesandvines.com/template.cfm?section=news&content=175163
Copyright © Wines & Vines