California: North Coast grape market begins to recover
California: North Coast grape market begins to recover
May 11, 2011 6
NAPA — Grape growers, who are traditionally the last in the wine industry to benefit from an economic recovery, are finally starting to see a rebound in both prices and interest from buyers.Wineries are now committing to buying more premium grapes — and paying higher prices — for the first time since the recession devastated the high-end wine market starting in late 2008, market insiders said Tuesday at a vineyard conference in Napa.
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