US: Big shift in grape market impacts North Coast wineries, growers

May 16, 2012

(PressDemocrat) - The wine grape market has shifted so quickly and dramatically that wine industry veterans are calling it a game change. A looming grape shortage and growing demand for California wines have driven grape prices higher, with some grape prices doubling in the span of a year. And wineries that were hit hard by the recession are exploring alternative ways to maintain lower prices for consumers, even while their production costs are rising

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