Wine Industry News

May, 21, 2014 DRINKING WINE MAKES YOU EAT ’25% MORE’

(TDB) Drinking a glass or two of wine before a meal could cause you to eat 25% more food, according to a recent study. According to a report by Discover Magazine, a team of scientists had 11 men drink a half bottle of wine, in this case a Cabernet Sauvignon Shiraz, either before or during a two-...

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May, 21, 2014 Pricey 100-point wines don't always match critics' ratings

(DO) - For a wine lover, the chance to taste 10 wines, each given a perfect 100-point rating from various magazines and well-known critics, sounds like a fantasy event not to miss. Imagine spending two hours sipping supposedly "superior" French, Italian and U.S. wines – everything from Bar...

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May, 20, 2014 Climate change brings short-term benefits, long-term fears to California wine country

(CBSNews) - California's warmest winter on record is now leading to an incredibly early wine season. While the warmer weather could provide short-term benefits to the state's wine industry, the gradual spike in temperatures could also have a detrimental impact on winemaking throughout the famed Nap...

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May, 20, 2014 California Chenin Blanc vineyard listed as heritage site

(Decanter) - One of California's oldest Chenin Blanc vineyards has been listed by the state's Historic Vineyard Society, as part of efforts to preserve the region's winemaking heritage. Diageo’s Chalone Vineyard has been listed as the oldest estate of Chenin Blanc vines in Monterey County ...

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May, 20, 2014 TOP 10 MOST EXPENSIVE WINES SOLD AT AUCTION

(TDB) - The fine wine world is rife with elite collectors keen to get their hands on a choice vintage – but which wines command the highest value? In recent years bottles wines from some of the best Chateaux and wineries across the world have sold for astronomical prices, with others, desp...

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May, 20, 2014 Treasury Wine Estates snubs $3bn takeover bid

(Decanter) - Penfolds owner Treasury Wine Estates has rejected a takoever offer from a private equity group that valued its wine business at around A$3bn (US$2.78bn). Private equity group Kohl Kravis Roberts (KKR) has offered to buy Treasury for A$4.7 per share. But, the news sent Treasury's ...

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May, 20, 2014 Napa crop report shows dominance of wine grapes

(NVR) - The economic muscle of Napa County’s mighty wine industry is clearly illustrated in the 2013 crop report. The value of the wine grape harvest clocked in at $656 million, while the value of all agricultural crops in Napa County, including vegetables, olive oil and livestock, was jus...

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May, 19, 2014 No Relief for Parched California Farms, But the Wine's OK

(Bloomberg) - Drought-plagued farmers won’t get much relief this summer. According to a forecast from the Climate Prediction Center,  California  will experience above-normal temperatures and little rain from June through August. America’s southern plains region will probabl...

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