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WINE INDUSTRY NEWS


Archives
April 12, 2003
April 19, 2003
April 26, 2003
May 3, 2003
May 10, 2003
May 17, 2003
May 24, 2003
Headlines: week ending May 31, 2003


Fri, 30 May 2003

Rosa Shows Promise
Amorim is in the final stages of testing a new treatment process that promises to substantially reduce 2,4,6-trichloroanisole (TCA) contamination in wine corks. Known as ROSA, the proprietary process developed by Amorim researchers has already been introduced into two Amorim plants that make technical corks. Four other plants are scheduled to begin using the ROSA process by year's end......

Australia: Wine, juice exports with room to move
There was even more scope for Australian wine and fruit juice exports to grow, a trade economist said on Thursday. Austrade chief economist Tim Harcourt said even though Australia was the world's fourth biggest exporter of wine, it could grab an even larger share of international wine sales......

US: Bargain wine, gas help Costco to 18% profit rise
Costco Wholesale Corp., the largest U.S. warehouse-club store chain, said Wednesday that its quarterly profit climbed 18 percent after the Issaquah-based retailer lured more customers with products ranging from imported wine to inexpensive gasoline......

Australia: Shareholder revolt halts trading in wine fund
International Wine Investment Fund was suspended yesterday after a group of unit holders - including convicted insider trader Rene Rivkin - demanded that the management be dumped or the fund wound up......

US: Grape Growers Face Tumbling Prices Due to Oversupply
California's bounty has become a curse, as growers find they can't recoup the cost of growing grapes. A case in point is Greg Burns of Jessie's Grove Vineyards and Winery. Burns needs to sell his grapes for $150 per ton, just to break even. The price has dropped down to $85.....

Southern Hemisphere Harvest 2003
While harvest is still months away in the United States and Europe, winemakers in the Southern Hemisphere have some early results from their recently completed crush......


Cheap wine hangs over vintners
For California grape growers, a string of bumper crops has brought plunging prices, forcing some growers to leave their crop withering on the vine. That's been great news for wine drinkers, who have been harvesting big bargains as a result of the grape glut. But if you're a wine lover, you'd better stock up......

Weak dollar hits U.S. wine importers' profits
The weak US dollar may be a boon to automakers and exporters, but it is a burden to small U.S. wine importers, who are being forced to raise their prices as the costs of bringing European wine to U.S. drinkers rise.....


Natural vs synthetic cork debate rages on
The battle between synthetic and natural closures is hotting up with UK Chain Tesco announcing a new screw-topped Chablis and NuKorc spending AUS$2.3m on a new plant near Adelaide.....


Thu, 29 May 2003

US: Virginia ends tight wine law
Starting July 1, it will be possible to obtain a case of California Merlot or a rare French Bordeaux without ever leaving your home in Virginia. Gov. Mark Warner recently signed a bill that makes direct shipments legal......


Missouri Wineries Rate High in California Contest
Missouri wineries fared well in two wine competitions held recently in California. Seven Missouri wineries received a total of 30 medals in the San Diego National Wine Competition held April 26 and 27. This was the 20th anniversary of the competition, which featured 2,733 wines from 577 wineries.....


70 percent of wine sold in mainland China's cities fake
More than 70 percent of 'imported' wine sold in restaurants and hotels in four of China's largest cities is fake, a report said Wednesday. An inspection of 50 hotels and restaurants showed just 28.6 percent of bottles sold as quality, imported wine were the real thing......

Target Practice
Having jettisoned the arrogance of Apartheid-era South African winemaking, Cape producers have made significant inroads into the lower price points in the UK market. Now, key exporters are targeting the higher price points, with greater emphasis on premium wines.......

NZ: Marlborough: land of milk and ... wine
Marlborough has become a region of milk and wine, with Census figures showing 150 percent more vines and 43 percent more cows since 1994...


US: Glassy Winged Sharp Shooter Update May 2003
The industry assessment on winegrapes will remain at $2 per $1,000 of grape purchase value for 2003, the same rate as in 2002. The decision on the annual assessment, which is used to fund research for control of glassy-winged sharpshooter and find a cure for Pierce's disease......

California Poly to Offer Degree in Wine and Viticulture
California Polytechnic State University plans to offer its first degree program in wine and viticulture starting in fall 2004. 'The new major will be called 'Wine and Viticulture' rather than the traditional 'Viticulture and Enology' because of the very strong marketing component in our program,' said Keith Patterson, associate professor of viticulture.


Wed, 28 May 2003

Australia: Bulk wine producer's licence suspended
Australia's wine industry regulator fired a cautionary shot across bulk wine producers' bows yesterday after suspending a Riverland company's export wine licence. Australian Wine and Brandy Corporation chief executive Sam Tolley said yesterday it was investigating the winemaking records of Monash-based Rivers Estate Wines after the suspension......

France: Provence acquisition for Jeanjean
The French wine group, Jeanjean, is to acquire the Provence wine producer, Chateau Baron Georges Gassier, from the Gassier family. No financial details of the deal were published......

French Wine Sales Continue Their Downward Slide in U.S.
U.S. consumers seem to have been turning their noses up at many French wines for much of this spring. Sales of French table wines in the United States continued to tumble in April, continuing their downward slide from late February and March......

Wine Tasting Takes Brains, Italian Study Finds
Wine-tasting takes more than a perfect palate and a fruity vocabulary -- you have to use your brains. That's the finding of a study undertaken by a team of researchers at a Rome hospital.....


China tightens wine standards
Sale of wine products made from grape juice mixture instead of 100-percent grape juice will be banned in China from next June 30, and starting last Saturday these mixture products can't be sold under the name of wine, according to a new regulation to harmonize China's wine industry with international practice......


South Africa: High-Tech Exports On Electronic Trail
'We aim to cut the time it takes to export wine down to 6 weeks', exclaims Dave Stanford, finance director of Stellenbosch Vineyards. He explains, 'we're very excited about the potential of our new logistics pipeline. The end-goal is transparency - wine producers, distributors and retailers sharing data electronically through interactive Internet portals .....


Mondavi dream coming up short
Despite a $25 million gift from Winemaker Robert Mondavi, The University of California, Davis, officials will be hard pressed to squeeze out enough donations to complete a landmark wine and food science center as quickly as planned......


Canada: Harsh winter takes toll on vines
The coldest winter in a decade is still being felt by Niagara grape growers. Farmers are reporting severe vine damage, with sensitive Merlot and Cabernet Sauvignon grapes the hardest hit. 'I would call it major damage,' said Ray Duc, chairman of the Grape Growers of Ontario. 'It's something most of us have never seen'.....


Tue, 27 May 2003

Australia's finest
Australian wines are now regarded as some of the best in the world. But what of the makers behind them? Who rates as the best of an extraordinarily gifted generation of wine crafters? 50 Australian winemakers, educators, wine buyers and sommeliers were asked to name their top three living wine makers......


Western Australia's Grape Harvest Looking Good
Western Australia's wine industry has been buoyed by forecasts of a strong grape harvest this year. Sarah Dent, from the Wine Industry Association, says this year's harvest is expected to yield more than 60,000 tonnes, and most areas have been spared the effects of significant weather-related problems.......


South Africa: Wine industry boosts investment
South Africa's top four commercial banks and key role players in the country's wine industry have joined together to create the Wine Industry Finance Forum in an effort to promote investment, enhance competitiveness and boost black economic empowerment (BEE) in the industry......


Something worthy for the cellar
About nine out of every 10 bottles of wine we buy are drunk within 12 hours, but what about the one we don't drink? This is the age of instant gratification and winemakers worldwide have responded by deliberately fashioning softer, less tannic wines in recent years.....



Mon, 26 May 2003

Three new wineries approved for Napa County
Napa County will be making room for three new wineries. The county conservation, development and planning commission gave the go ahead to Arroyo Creek Vineyards, Christina Vineyards and Biale Estate Winery at last Wednesday's meeting. The three wineries will be located on the outskirts of the city of Napa......

Evans & Tate wine announce excellent record harvest
Wine group Evans & Tate Ltd has declared 2003 an excellent vintage after a record harvest of 40,838 tonnes of grapes. The company has four vineyards in Victoria, New South Wales and Western Australia....

South Africa: Cape Wine On A Roll
There is no way that any visitor at all to the world's premium wine showcase - where more deals are done and more vino friendships forged than any other place - is going to miss the South African presence......


US: New Appellation Proposed in Monterey County
A California wine company is asking the federal Alcohol and Tobacco Tax and Trade Bureau to create a new appellation in Monterey County.......


US: FedEx planning bold move into interstate wine shipping
FedEx is poised to announce that it will offer ground service for deliveries of wine in 24 states effective June 1, giving consumers and wine producers an affordable alternative to overnight delivery and a viable alternative to shipping via the United Parcel Service......


Unexpected Spring Frost Threatens Champagne Crop
An unseasonal spring frost in the Champagne region in France may have an adverse effect on this season's crop. According to Don Ball from The Really Great Brand Company, who distributes Moët & Chandon champagne in South Africa, the vineyards experienced five consecutive nights of high intensity frost......

No damage reported from temblor in California wine country
An earthquake with a magnitude of 4.2 shook Santa Rosa wine -country, 55 miles north of San Francisco, early Sunday morning. There were no immediate reports of damage or injuries.....

Wine and vine: Power of pinot noir
Cabernet Sauvignon, the great red of Bordeaux, is now successfully grown the wine world over, in a wide range of styles. True, most of them never approach classic top Bordeaux, but that's not the intention, particularly in the New World......


Sun, 25 May 2003

NZ: Record Vintage For Central Otago
The Central Otago harvest has been an extended one, with a long, dry autumn, characterised by warm days and cool nights. Fruit has been of excellent quality, ripe, free of rot and of average bunch size and weight. Winemakers throughout the region are agreed that the grapes are providing them with the tools to produce another excellent vintage.......

NZ: The best places to find that bottle of something special
About 30 years ago, Auckland was a wasteland when it came to hunting decent wine. Now the city is stocked with fine wine shops. Tony Potter looks at some of the best. Wine expert and Sunday Star-Times wine writer Michael Cooper says wine shops of the 1960s and '70s left a bad taste......

US: Vintner hopes to repeat first label's runaway success
Just weeks after selling off one of the biggest wine companies in Sonoma County for $140 million, vin-trepreneur Derek Benham was hard at work again writing up a business plan for his next wine startup......


Why most wine collectors are also compulsive liars.

One of the wine world's dirty little secrets is the apparently vast number of wine lovers who harbor dirty little secrets. Determined not to see their hobby cause friction at home, many oenophiles keep the peace not by limiting their buying (an impossibility), but by going to enormous lengths to conceal it.......

California Grape Rush of 90's Withers
There is such a glut of wine grapes that the state's fastest-growing vintage wine last year sold for $1.99 a bottle. And though table grapes seem to be faring the best, there is no room in that family-dominated industry for new growers because of rising costs and stiff foreign competition......

Alsace Gets A Spicy Boost
Alsace Wines is launching its first consumer campaign in the UK by emphasising its affinity with Asian food. Speaking at the campaign's launch, Richard Kannemaker of the Conseil Interprofessionnel des Vins d'Alsace said that while in France, Alsace wines have the highest sales by value of any white wine region, in the UK they only have a niche market.....

   
   

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