U.S. Wine Shipments to Canada Up
U.S. Wine Shipments to Canada Up
May 10, 2012 6
(Wines&Vines) - outhern exposure might be fine in the vineyard, but U.S. vintners are seeking a little more northern exposure for their products as exchange rates hand producers a bigger bang for the export buck in Canada. The past two years have seen currencies in the two countries trade at parity, give or take a cent or two in any given month, meaning U.S. wine has seldom been cheaper to buyers in Canada. The result has been both a desire among U.S. wineries to export to Canada and an increase in Canadian demand for U.S. wine.
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