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November 2007
Bankers Partner with Growers
Vineyard lenders talk about grape supply, market trends, acquisitions, development and their concerns about water and immigration.
by Paul Franson
For many growers, lender partners--be they banks, part of the farm credit system or long-term minded insurance companies--can be as important as their customers. Wine Business Monthly interviewed executives with some of the leading banks that serve the wine market to find out how they feel about the business, particularly in light of recent credit problems. We first asked a fundamental question: Is the industry still in a period of oversupply of grapes? Most agreed that an oversupply still exi...
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