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July 2005
The Juice Concentrate Market Tightens
With disappearing acreage and a falling U.S. dollar, wineries are now creating good quality, super-value varietals from grapes traditionally used in concentrate.
by Joseph W. Ciatti Company, LLC
The same market forces that have combined to help end the over-supply of grapes and bulk wine in California over the past two years have also played a big role in the tightening grape juice concentrate market. Over 100,000 vineyard acres were removed or abandoned in California over the last few years as per-ton payments fell below cost of production. Much of that acreage supported grapes that were crushed for bulk wine or concentrate. Most of these fields were replanted with other more profit...
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