USMCA will replace the 26-year-old North American Free Trade Agreement (NAFTA). It maintains tariff-free access to Mexico for U.S. exporters. And for Canada, it provides tariff-free access for 99 percent of U.S. goods and lifts some non-tariff barriers facing U.S. dairy and poultry exports
All may not be lost for grape growers in the Central Valley who can transition to mechanical practices and find varieties that produce high tonnage to overcome lower prices ... Vineyards being removed tend to be overlying Class One soils with decent water availability, making their conversions to almonds that more attractive than pistachios, which growers have tended to plant in lower-quality soils ...
The USMCA includes provisions to:
Maintain duty-free trade in spirits;
Preserve recognition for "Bourbon" and "Tennessee Whiskey;"
Secure Mexico's agreement to take steps to provide distinctive product recognition for "American Rye Whiskey," a fast-growing category of American Whiskey;
Reaffirm commitments concerning the internal sale and distribution of distilled spirits;
And establish new best practices regarding labeling and certifications for beverage alcohol, which will help to facilitate trade in distilled spirits among the three countries.
This followed a buy up of 7.3 million TWE shares by BlackRock in December, taking its stake from 6.21 per cent to 7.22.
US-based BlackRock is the world's largest investment manager and manages about $7 trillion for its investors around the globe.
The Vintage Report, a viticulture and enology symposium, focused on plant physiology and new technology for the vineyard and cellar, is launching this year's conferences in the United States. In addition to events in France and South America, there will be five technical conferences throughout North America in 2020
The board of directors of the Napa Valley Vintners (NVV) nonprofit association has elected Robin Baggett, owner and managing partner of Alpha Omega, as its chair for 2020. Jack Bittner, managing partner, Ovid Napa Valley, was elected vice-chair and Beth Novak Milliken, president and CEO, Spottswoode Estate Vineyard & Winery, was named secretary/treasurer.
The PremierPass includes up to six premium wine tasting experiences that go beyond the ordinary tasting flight. Passholders can expect access to wineries that are typically closed to the public, private tastings with winemakers, food and wine pairing flights and exclusive tours.
New York-based importer Cape Classics has built its reputation over the years as a champion of South African wines, but more recently the company has expanded its portfolio with a variety of French offerings from the Loire, Burgundy, and Roussillon, among other regions.
Tom Gamble, owner of Gamble Family Vineyards in Oakville, is pleased to announce a new distribution partnership with Premium Brands in Oklahoma, representing a brand new market for the winery. Additionally, the winery will be revitalizing its presence in Illinois through a new partnership with Romano Beverage.
Wing & Barrel Ranch's new "Shoot with a Vintner Ultimate Sporting Experience" package invites guests to experience the Sonoma Wine County while savoring the outstanding dining, wines, lodging, and outdoor pursuits usually only available to Ranch members.
On February 8 and 9, the Madera Wine Trail will host its 18th annual Wine & Chocolate Weekend. Visitors can travel to participating wineries and enjoy a premium wine tasting experience using a keepsake passport wine glass, sample local and handmade chocolates, enjoy live music concerts and specialty gift shopping.
Washington wine grape growers and winemakers are invited to an upcoming seminar focused on grapevine viruses, a major research priority for the state's wine industry. Registration is now open for WAVEx-Grape Virus Detection, a condensed version of the research seminar Washington Advancements in Viticulture and Enology, February 19, 2020 at Washington State University's Prosser research station.
Syntegon Technology is the new name among the market leaders in the processing and packaging industry. Known as Bosch Packaging Technology until late 2019, the former Bosch division today presented itself as an independent enterprise at the company headquarters in Waiblingen (Germany).
"The government is finally starting to acknowledge the reality of climate change and to talk about resilience and adaptation. That's great but we also need our political leaders to recognise that we can only adapt so far. We're at 1 degree warming already and our capital cities are selling out of breathing masks. How will we breathe, let alone farm, at 4 degrees warming?
An analysis of the most listed prices in the US. sows a lack of change in the average price due mostly to delisting ultra high priced wines. Restaurants are reluctant to mess with the $40 most popular price but underneath that, the least expensive prices amongst the Top 10 (other than $38) were less listed in 2019 than in 2016 ...
"many grape buyers will be seeking to reset their core supply with new short and maybe even longer-term deals in order to lock-in what they perceive as attractive pricing. This is where a market reset could occur"
We noticed an uptick in bulk wine activity towards the end of the year and we may see a further uptick at the start of the new one as retailers and the buyers who supply them assess their Q4 2019 sales and calculate future sale projections
A century later, Prohibition is known for accomplishing everything it wasn't supposed to - it provoked intemperance, eliminated jobs, created a black market for booze, and triggered a slew of unintended economic consequences.