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November 09, 2012
Lowest global wine crop since 1975

Confirming a raft of estimates published over the last few weeks, official figures released this week by the International Organisation of Vine and Wine (OIV) revealed that global wine production in 2012 is likely to range between 243.5 and 252.9 million hectolitres (248.2 mhl mid-range estimate), its lowest level since at least 1975.