For anyone interested in the wine market, you should check out the State of the Industry, from Rob McMillan
On Supply:
When 2020 totals are calculated, we are guessing that California will have crushed 3.3 million tons, which would be the smallest harvest since 2011. The Pacific Northwest harvests in both Oregon and Washington will also come in smaller than normal.
• Supply in the West is largely balanced going into 2021, but overall growth rates in sales will still be modest, and some acres of vines will still need to be removed in California and Washington in particular in order to sustain the balance.
• Grape and bulk prices will stabilize at lower levels than we’ve seen in the past five years. Buyers will remain cautious on price.
• California vineyard prices in premium regions will remain lower than their prior high points, flattening in the best areas and softening in secondary regions.
Sounds like decent news for consumers but 2020 had a harvest of 3.9 million tons. A 15% decrease.
Sent from my iPhone using TGR Forums
On Supply:
When 2020 totals are calculated, we are guessing that California will have crushed 3.3 million tons, which would be the smallest harvest since 2011. The Pacific Northwest harvests in both Oregon and Washington will also come in smaller than normal.
• Supply in the West is largely balanced going into 2021, but overall growth rates in sales will still be modest, and some acres of vines will still need to be removed in California and Washington in particular in order to sustain the balance.
• Grape and bulk prices will stabilize at lower levels than we’ve seen in the past five years. Buyers will remain cautious on price.
• California vineyard prices in premium regions will remain lower than their prior high points, flattening in the best areas and softening in secondary regions.
Sounds like decent news for consumers but 2020 had a harvest of 3.9 million tons. A 15% decrease.
Sent from my iPhone using TGR Forums
, and yeah, that is what I drink.

Comment