Can anyone lend any credence to this? Someone sent this to me and I thought that this group would be a good place to verify or debunk.from... "Oct 17, 2006 -- Wine oversupply means great dealsThis year, we are experiencing the greatest oversupply of wine ever. At the same time, wine is getting better. So, if you like wine, you are loving it right now! Wines are much less expensive and of much better quality these days. There is a twist you need to know about though. Vineyards that normally sell expensive, high-quality wines don’t want to lose their cache or the reputation of their good name by selling their bottles for much cheaper. But they need to make money. So, they are rebottling and relabeling these expensive wines and selling them for much less. Bottles that normally cost $100 are being repackaged and sold for $10 or $15. So, try something new these days that costs much less. It could actually be a fine wine concealed with a different label."ThanksSteve

Prices so far have not come down accordingly and, in fact, I see more $70+ bottles than ever before. For the lower end wines there may be some reality to this but the upper end seems to be staying put. That being said there seems to be much more availability of really good wines in the $15-20 category now.

US Wine Oversupply?

Dec 06, 2006 21 Replies

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Hunt 19 years ago

Yeah, me too! Like I said, I've got some recent Vintage Ports, that I'd really like to live to enjoy.

Hunt

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Larry 19 years ago

Life is short and there is too much

Find out which group members are in your area and invite them over for a special Christmas/New Year toast. They'll heklp you with your inventory problem.

Alas...Ontario is probably too far ;-(

Larry

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