Is California Facing a Grape Shortage?

| March 12, 2012

The Wine Spectator has a news story about rising California grape prices:

California’s grapegrowers finally have something to cheer about—grape prices are going up. But does that mean higher prices for consumers? Winery owners are trying to cut costs so they can keep prices low at a time when drinkers still want value.

After nearly three years of sluggish sales and an oversupply of wine, vintners have cleared their cellars of older vintages and are looking to increase their grape purchases. But two small harvests and an absence of new plantings mean they are competing for a smaller amount of fruit. That demand is pushing up grape prices and bulk wine prices. “If you are buying wine on the bulk market, or you’re a négociant, your costs are going to go up,” said Adam Lee of Siduri and Novy Family wines. Larger producers like E. & J. Gallo are actively signing long-term contracts with vineyard owners to guarantee grape supplies at a set price.

 Click here for the article.

Category: News, Wine Industry New, Wine News

About the Author ()

Berry Crawford's day job is in the web techology field but his off hours are largely spent thinking about or trying food and wine. His is blessed with a beautiful wife and two wounderful daughters. You can reach him at bcrawford [at] wineberserkers.com.

Comments are closed.