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Tuesday, January 26th

12/23/20

Provisions of the Craft Beverage Modernization and Tax Reform Act will save producers about $9 billion from 2021 to 2030, according to U.S. Congressional Joint Committee on Taxation. The provisions approved Monday also change the way importers receive tax benefits.

12/23/20

Three-dozen agricultural organizations, including Wine Institute, the California Association of Winegrape Growers, Family Winemakers of California and Western Growers have protested the new mandates, calling them unnecessary, unclear and overly burdensome.

12/23/20

November US wine sales figures were released this week by the trio of Nielsen, Sovos ShipCompliant and Wines Vines Analytics. They're not disastrous; a slight downward trend in sales both by volume and value was expected in November. But there is usually a Thanksgiving bump that helps the wine industry at the end of November, and apparently that did not happen.

12/23/20

Despite having had a stormy 2020 due to wine sales being down, Portuguese cork producer Amorim was determined to fulfil a promise - to eradicate TCA. António Rios de Amorim tells Patrick Schmitt MW about achieving that aim.

12/23/20

From flexible PPP requirements to streamlined forgiveness, these are the key changes between the first and second rounds of relief, according to the National Restaurant Association

12/23/20

The new funding adds to a $2 million research effort launched earlier this year through the U.S. Department of Agriculture. That included $400,000 for the USDA's own Agricultural Research Service personnel in Corvallis and $300,000 for researchers at Oregon State University.

12/23/20

Raymond Signorello wants to do more than rebuild his winery along Silverado Trail northeast of the city of Napa. He wants to make more wine and host more visitors.

12/23/20

Domaine Carneros named as the Napa Climate NOW! 2020 Climate Champion in the Business category.

12/23/20

With New Year's Eve right around the corner, it's time to start talking about what matters most: champagne! Problem is, with so many selections of bubbly on the market today, it can be difficult to decide which bottle is best to pop at midnight.

12/23/20

In total Sotheby's sold 15,000 lots across 41 sales, a 50% increase on the number of sales held in 2019.

12/23/20

Roust will continue to distribute and market Rémy Cointreau products in the Russian Federation, Poland and Hungary

12/23/20

Paul Kilmartin, a professor of wine chemistry at New Zealand's University of Auckland, uses the discarded tannins to create plastics

12/23/20

It's the ultimate nostalgia product.

12/23/20

Expect more bottled cocktails and wine delivered to your door, and look forward to drinking wine that benefits causes from cancer to climate change.

12/23/20

In 2020, TSG successfully exited from five partner companies including Privé Revaux, Pabst Brewing Company, Radio Systems, REVOLVE and SweetWater Brewing Company. TSG also completed two platform investments in Pathway Vet Alliance and American Technologies (ATI), and participated in three later stage financings, including Robinhood, Revolut and Scopely.

12/23/20

For the first time ever, multiple wineries within the Negev area will join forces to launch a brand-new trademark.

12/23/20

Mentorship and "giving back" are frequent topics of conversation, and a frequent ask, of Maggie Henriquez.

12/23/20

"I've seen more boundary pushing cheese. Mozz, parm and ricotta are commonplace, of course, but there's also goat cheese, Irish cheddar and the Greek sheep's milk cheese kasseri. Cellarmaker's use of Point Reyes toma cheese adds depth to an otherwise classic Sicilian pie with mozzarella, tomato and basil. I love that it's business as usual to put distinctive local cheese on pizza, what I assume is an influence of cheese-focused spots like Cheeseboard and the proximity of the North Bay's artisan cheesemakers."

12/23/20

Most traumatic of all for the wine world was the Glass Fire of late September and early October in Napa, Sonoma and Lake Counties

12/23/20

Hosted by California State Treasurer Fiona Ma & California Farm Bureau President Jamie Johansson

12/23/20

All of the wines are rated 88 points or higher, priced at $25 or less