In California's coastal wine grape-growing regions, a spring freeze can be devastating. Tender shoots and leaves burn back, causing damage that reduces the crop yield when it is harvested many months later.
Another year, another en primeur campaign. No longer are these the heady days of feverish speculation - both the market and a comedown from the hailed 2009 and 2010 vintages have steered the situation back into the real world, where this strange and intricate market mechanism of courtiers, négociants and "la place" insists on existing for another year.
Vino connoisseurs, take note: Your next fine wine might come from Yellowstone or Canada. Climate change is quickly making it harder for some of the most famous wine-making regions in the Mediterranean to produce grapes, according to a new study published Monday.
Now scientists are raising a new question: when grapes are transported to new areas, assuming warming weather and flagging rain make current regions unsuited to such harvests, what will the crop's arrival do to the animals and plants already in residence?
Last fall, Washington grape growers harvested 35,900 tons of the noble Bordeaux grape, effectively doubling its output in the past decade. In fact, Cab is not far from being the state's No. 1 wine grape - trailing Chardonnay and Riesling by about 2,000 tons in 2012.
While most states are desperately trying to figure out ways to encourage business development and reduce the cost of consumer goods, New York is considering a proposal that would benefit one particular group of large businesses at the expense of smaller outfits and consumers.
More than 550 people tasted wines from the 22 New Jersey wineries that were represented at the Spring Fever Wine and Food Tasting Festival. The annual event is hosted by the Garden State Wine Growers Association, which is made up of 39 out of the 44 wineries in the state.
A 19th-century manor at Stags' Leap Winery will be converted from a bed-and-breakfast to a wine tasting and visitation space as part of a $2 million investment Treasury Wine Estates is putting into the property.
What most consumers don't realize is how entrenched are the notions of organic viticulture. Some of the largest producers in the world are organic and more are choosing this route every year. Many of them always have been organic.
The value of a wine asset exists on many levels. A buyer might begin assessing an investment by considering global economic conditions, the current state of the wine industry, and whether or not a particular asset aligns with their specific investment criteria. On another level, value may be influenced by factors related to an asset's specific characteristics.
Wines from the 1970s and 1980s from classic producers are some of California's most profound bottlings -- and they are largely unsung. Such golden oldies are top values in today's overheated auction market, though that may not last.
Giancarlo Bianchetti is chief executive officer of Fetzer Vineyards and a director of Chile-based Viña Concha y Toro, which purchased Fetzer in 2011 for $263 million. Fetzer bottled wine last year totaled 53.3 billion Chilean pesos (or $111.5 million) on 2.46 million cases, according to the parent company's reported financials on March 26.
Applications are being accepted starting today from qualified non-profit and public organizations (intermediaries) to provide loans to create jobs by promoting new business development. Funding will be made available through USDA's Intermediary Relending Program (IRP).
When PBS NewsHour told the story of budding Walla Walla winemakers Jeremy Petty and Jody Middleton in a segment last September, the broadcast created one very happy ending. Almost immediately the two were flooded with requests from all over the country for wines from their J&J Vintners. But there was one hitch: The winery had not yet had its proper beginning.
The peak industry body Wine Australia is hosting a visit by 20 leading European sommeliers, wine educators and writers to highlight the regional diversity and quality of Australian wines as the high dollar and offerings from new world producers, as well as traditional nations such as France and Germany, undercut Australian markets.
Château Pontet Canet's technical director Jean-Michel Comme has explained how the pioneering introduction of amphora-matured wine in the estate's 2012 blend heralds an important step forward in quality.
Wine sales in the U.S. from all production sources-California, other U.S. states and foreign countries-increased 2 percent from the previous year to a new record of 360.1 million 9-liter cases with an estimated retail value of $34.6 billion," according to wine industry consultant Jon Fredrikson of Gomberg, Fredrikson & Associates in Woodside.
So Wine Spectator has determined there are good value wines made in California in regions other than the Napa Valley. Sorry, but Napa Valley would be the last California wine region I'd expect to supply bargains unless we're talking Cabernet priced at $50 instead of the $75 the vintner feels is deserved.
Several consecutive years of double-digit growth have positioned Seattle-based August Wine Group (formerly Small Vineyards) to reach 150,000 cases this year on a projected 15% advance, the company tells Shanken News Daily.
It began in 1975 as a teeny spot in Gulfport. Success brought change, and the Wine Cellar moved to bigger digs in North Redington Beach that next year. Despite the grander 200-seat location, Karl Klumpp, Ted Sonnenschein and Peter Schuckert set about creating the same warmth and intimacy in this moodily lit setting.
Researchers at the University of Adelaide have developed a DNA testing kit they say can detect the grapevine red blotch virus. he virus devastated grape growing regions in the United States last year but has not been detected in Australia.
Analysts have gotten more optimistic about Constellation's earnings prospects in recent months, as they've lifted their estimates both for the just-ended quarter and for the entire 2013 fiscal year. That optimism has definitely shown up in Constellation's share price ...
Women with breast cancer can have a glass of wine a day without fear of damaging their chances of beating the disease, claim researchers. In fact, they may improve their overall chance of survival because modest consumption of alcohol cuts the risk of dying from heart disease.