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September 2000
Spurious Supply Stories...
Déjà Wrong All Over Again
by Bonnie K. Tonneson
In the wake of another spurious supply story from Barron's, we feel compelled to respond Believe strong premium wine industry fundamentals remain in tact with double-digit consumption growth (in the 15 to 20 percent range) and stable pricing for key varietals See long-awaited robust harvest (estimated at 3.1 to 3.4 million tons)--after two years of below average yield--as favorable for supply and demand dynamics in the premium wine industry Contrary to recent Barron's article, retail p...
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