AUS: Australia's wine grape prices stuck in a rut - research
AUS: Australia's wine grape prices stuck in a rut - research
Apr 21, 2011 6
There is likely to be no end to low wine grape prices in Australia in the next three years, according to the Government's research body for agriculture.
Wine grape prices in Australia have plummeted by between a third and 50% over the last decade, according to figures published this week by the the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). Red wine grape varieties have suffered the worst falls.
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