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November 2013
Lenders Report a Great Year for Growers
Two strong years have postponed projected grape shortfalls, but lenders universally agree that shortages are looming.
by Paul Franson
Each year, Wine Business Monthly interviews lenders to the wine industry about their views on the market and its participants. Last month, we focused on wineries. This month, growers get the spotlight. A Great Year for Growers “Everything worked,” said Bill Rodda, vice president of the Vineyard & Winery Finance Group of American AgCredit. “Wineries are happy. They needed fruit, and they got it. The growers are happy. They had plenty of fruit at good prices, and the wineri...
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