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  • For buyers and cellars: wine's robust returns

    March, 30, 2010
    Fine wine in an investment portfolio increases returns in good times, reduces risk in bad, study concludes.In the stock market crash of 2008-09, devastated boomers were no doubt tempted to drown their sorrows by imbibing the expensive wines stored in their cellars during happier days. That would ...

  • California Wineries Try Acacia Barrels

    March, 30, 2010
    California - Though oak is almost synonymous with wine barrels, a small number of California wineries are now experimenting with aging their wines using another wood. The barrels are made from what’s popularly called acacia wood, actually the Robinia pseudoacacia or black locust tree, a native ...

  • Initiative would raise tax on wine, alcohol

    March, 30, 2010
    CA - A measure that would raise the excise tax on a 750 ml bottle of wine from 4 cents to $5.11 has been cleared for circulation by the Secretary of State. Proponents can begin collecting the 433,971 signatures needed to put the initiative on the November ballot. The measure would push the tax on...

  • Italian Wine Sector Boosts Quality to Seize Exports

    March, 30, 2010
    The Italian wine industry hit rock bottom a generation ago, when thousands of bottles of Italian wine were found to have been laced with deadly levels of methanol, a key ingredient in antifreeze that had been used to raise the alcohol content of the wine. The 1986 scandal left nine Italians dead and...

  • American buyers: keep prices down

    March, 29, 2010
    The message from American buyers at the beginning of en primeur week is clear: this might be a great vintage, but keep prices competitive. Buyers for California-based importer JJ Buckley were enthusiastic about the wines but were focusing on the lower price-brackets. 'The action is going to be at ...

  • Which Winegrapes to Grow in Missouri?

    March, 29, 2010
    Columbia, Mo. -- What winegrapes should growers plant in Missouri? What grapes would winemakers like to make wine from? Dr. Keith Striegler, director of the University of Missouri’s Institute for Continental Climate Viticulture and Enology (ICCVE) in Columbia, Mo., and Dr. Marco Li Calzi, enology ...

  • S. Korea's Woorisul to Distribute Rice Wine to Japan's 7-Elevens

    March, 29, 2010
    SEOUL — A South Korean liquor manufacturer will distribute "makgeolli," a type of traditional Korean rice wine, to a major Japanese convenience store chain starting this week, the company said on Monday, raising hopes that exports of the product to Japan will continue to grow. Woorisul Co. said...

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