Wine Industry News

  • Does Good Wine Come to Those Who Wait?

    (WSJ) - "Aged like a fine wine": Has this phrase become more of a marketing tool than a relevant wine-drinking fact? Has aging wine become an outmoded custom? After all, nearly every wine in the world today is made to be consumed soon after it's bottled. (I've seen figures as high as 99%.) Wine dri...
  • US: 2011 California grape crush down 3 percent

    (Westernfarmpress) - California’s 2011 grape crush totaled 3,869,894 tons, down 3 percent from the 2010 crush of 3,986,314 tons. All wine varieties crushed totaled 3,342,689 tons, down 7 percent from 2010. Red wine varieties accounted for the largest share of all grapes crushed, at 1,917,132 tons,...
  • Canada: A chance to reform our antiquated laws on wine

    (Vancouversun) - Write your MP to bring down prohibition-era barriers. There is a great deal of optimism that Bill C-311, a private member’s bill proposed by Okanagan-Coquihalla MP Dan Albas, will eventually pass through Parliament and quash a 1920s ban on the interprovincial movement of liquor. B...
  • Investing in Wine - February 2012

    (FTAdviser) - Fine wine prices fell by 15 per cent in 2011 as the market corrected from the sharp rises of 76 per cent since the end of 2008, and some stockholders took profits and returned to cash given the uncertain economic conditions in the eurozone. Nevertheless, wine is still proven to be a...
  • Red wine alone may not be the elixir of life, finds new study

    (Zeesnews) - Previous scientific research on resveratrol, a constituent of red wine and other vegetable products, has revealed that in high doses, it may increase longevity of life and reduce metabolic diseases of aging. But, a new study in mice has argued that crediting only resveratrol for a sp...
  • Argentina grows UK exports

    (Harpers) - The popularity of Argentinian wines continues to forge ahead, with UK exports for 2011 up 8.4% by value, according to the latest figures from Wines of Argentina. UK director Andrew Maidment told Harpers: “We’re now in the right position in the UK market, with value rising and produc...
  • US: Kalama wine bottle plant to restart in July

    (AP) — Workers at the Bennu Glass plant have chiseled away tons hardened glass from the crippled melter of the wine bottle plant here, and a new furnace and 100 employees should be ready to restart the shuttered plant in July, company officials say. "After being in a holding pattern for two yea...
  • Chinese wine lover snaps up Vosne-Romanee vines

    (Decanter) - A wine lover has made the first major Chinese purchase in Burgundy.The Burgundy deal differs from the spate of purchases in Bordeaux in that it is a partnership, with local grower Pascal Chevigny selling two hectares of vines to 28-year-old businessman Shi Yi. The two, who are the sa...

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