August 18, 2014
Potential bulk-wine buyers already have a lot of inventory after two big harvests. Their needs are not urgent, and they figure that with harvest upon us, prices are more likely to go down than up.
Local cabernet sauvignon bulk wine inventory is now almost nonexistent, but the supply of local pinot noir wine is ample.
Deals for cab from the North Coast are moving, and are active for certain local pinot noir and chardonnay.
February 26, 2014
The 2013 North Coast harvest wasn’t quite as robust as 2012, yet looking selectively at key North Coast appellations and varietals, we can see the stunning back-to-back turnaround from the weak 2011 harvest.
With the 2013 grapes rolling in and tank space still filled with 2012 and in short supply, wineries were faced with the logistical question of what to do with all those grapes. Now, that harvest is behind us, the question has become, what to do with all that wine.
Now that wineries are again sitting on healthy inventory levels, it is important to understand the prevailing global conditions and how those might impact a winery’s effort to allocate inventories to various channels.
Case sales volume continues to grow, and we expect industry revenue growth to improve, with the high-end strengthening even more. Yet, there will be headwinds for wineries attempting to raise prices.
October 14, 2013
Joe Montana once whispered in the ear of Jerry Rice those words of San Francisco 49ers legend: “Go long!” Big crops are often followed by smaller crops, but Ma Nature seems intent on “going long” for the 2013 North Coast winegrape harvest as well. Let’s review the field, variety by variety.
June 24, 2013
SANTA ROSA — In a sign of renewed crunch on North Coast wine storage space, Alexander Valley Cellars overflowed the other half of Sonoma County’s largest warehouse in just two months and now is looking for a fourth facility.
January 25, 2012
SACRAMENTO — The prices of wine on U.S. store shelves could start rising this year because of an “emerging shortage” of winegrapes and wine plus a sales and marketing “blitz” last year, according to experts speaking at a major wine industry trade event this morning.
January 19, 2012
SANTA ROSA — The tightest inventory of top varieties of wine available for purchase in bulk in a dozen years and a dwindling supply of those winegrapes could extend the rise in pricing for those fine-wine components into this year, but wineries are hard-pressed to pass those cost increases to consumers who are continuing to look for discounts, according to experts at a major local wine industry seminar this morning.
August 9, 2010
GEYSERVILLE — M. Draxton Inc. is one of the options North Coast winegrape growers have for extending the marketability of their crops in case they have unsold grapes at harvest.
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