Global Wine shortage

Oct 29, 2013 5 Replies

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And in no time, the story goes around the world

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But, does it have any meaning? No indication that wine prices are climbing, especially from France, Spain, or Italy, the center of this storm.

g, especially from France, Spain, or Italy, the center of this storm.

Had a big discussion of this today at our main local wine store. The distri butors felt this whole story was overblown and with little to no meaning fo r the wine business. Wine prices are actually dropping, the opposite of wha t one would expect from a shortage. That being said, climate change may imp act the wine business heavily over the next 5-10 years with some areas not being able to produce wines at all.

On 03/11/2013 00:19, lleichtman wrote: > climate change may impact the wine business heavily over the next > 5-10 years with some areas not being able to produce wines at all.

True, but other marginal areas will come more into mainstream wine production. I am thinking of England in particular, but there must be others.

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Maybe people will start buying Australian wines again.

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