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Gallo Deal Uncertainty Delaying Grape Purchases

July 17, 2019

"The reality is that neither of those big buyers knows what the outcome will be at this could drag into and beyond harvest. It's tough for them to make decisions on buying grapes and investing in supply when they don't know if the sale will be authorized," Allied Grape Growers president Jeff Bitter said. "And then you have others in the industry who are waiting to see how that develops because it could change how they position themselves in the market as well"