Wine Industry News

October, 16, 2012 World wine industry coming out of the red

(ABC) - The world's wine market is lifting, after almost ten years of oversupply and falling prices. Rabobank reports smaller grape harvests in Australia and Europe have tightened the supply, and bulk wine prices are expected to remain strong into next year. Treasury Wine Estate, one of the w...

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October, 16, 2012 Plantings down, production up for Australia

(TheDrinksBusiness) - The area under vine in Australia has continued to fall in 2012, while there was a slight increase in production, according to figures released today by the Australian Bureau of Statistics (ABS) as part of the ABS Vineyards collection 2012. Since 2010, the total area of grape...

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October, 16, 2012 US: Wyoming Wine? Why Not?

(Wines&Vines) - Most people assume that Alaska has the fewest wineries in the United States (seven); others might guess Utah (six.) In fact, the dubious honor goes to Wyoming. According to WinesVinesDATA, the state has four bonded wineries, only one of which produces significant amounts of wine from...

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October, 16, 2012 France: Chablis harvest down by 40% in places

(Decanter) - With most of the grapes now picked in Chablis, growers are broadly pleased with quality of the 2012 vintage although quantity is down by up to 40% in some villages. The difficult growing season has led to the reduced yields, particularly in the Premier and Grand Crus. At Domaine des ...

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October, 16, 2012 Wine is “most social treasure”

(TheDrinksBusiness) - A report commissioned by Barclays Bank has found that wine, if not always the top financial choice, is certainly the most sociable. The “Treasures” in the report covered classic cars, art, sculpture, antique furniture, jewellery, precious metals, coins, stamps and rugs/t...

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October, 16, 2012 Urban Parisian Vines Produce Wine With A Drop Of History

(NPR) - In America, vineyards are usually tucked in out-of-the-way rural areas, among country lanes. But in France, where great wine is a way of life, vineyards are everywhere — even in the middle of the country's biggest city. High on the hills of the neighborhood of Montmartre in Paris is Clo...

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October, 16, 2012 China Laps Up Australian Wine

(WSJ) - Chinese buyers may be losing their taste for Australia’s mineral exports, but they sure are lapping up its wine. Bottled-wine shipments to China rose almost by a quarter in value and more than 16% in volume in the year to September–consolidating the Asian nation’s position as top bu...

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October, 15, 2012 US: N.C. wine industry produces some of the best sips around

(CharlotteObserver) - North Carolina has made huge strides in wine over the last decade. Our state is now home to 115 wineries and ranks 10th nationally in the production of wine and grapes. Yet North Carolina wines don’t get the attention of many “serious” wine drinkers. Last week, a p...

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