Grape glut has gone, says Growers Council
CATHERINE HARRIS
Wineries say this year’s grape harvest is looking bountiful, but there are mixed feelings as to whether the industry will be able to keep within volumes that will help lift the price.
The industry is in survival mode following a glut in 2008 and 2009 which has left many indebted wineries struggling to compete with discounted prices locally and a strong export dollar.
Grape prices more than halved, prompting the industry to call on its members to keep this year’s harvest down to last year’s level of 265,000 tonnes. That target was lifted to 310,000 tonnes last month when export sales came in higher than predicted.
Earlier this week Marlborough winemaker Allan Scott said he thought the harvest could soar as high as 350,000 tonnes. But after visiting Central Otago he said it looked like yields in other regions were more moderate, and that hitting the target was more likely.
“I think the sauvignon blanc harvest is going to be big but certainly everything else is really coming in rather modestly, which is a good sign. I don’t think we’ll hit the big tonnes we earlier thought we would do.”
Quality-wise, he said the vintage was excellent. “It’s super-ripe and really fantastic fruit. It’s amazing. We’ve had a glorious late summer and autumn so the fruit is incredible quality.”
Renwick grower Willie Crosse said “long-term players” were showing a lot of discipline but the current harvest, even though it would be sold, would do little to curb the growing bulk wine trade.
“You have to remember a very significant percentage of [last year’s vintage] was sold as bulk. They weren’t all premium-branded bottle wine sales. That needed to happen to get rid of the surplus but it’s happened with much reduced winery profitability and severe erosion of the value of the Marlborough wine brand.”
About 30 per cent of New Zealand’s wine exports are thought to be sold for low-priced bulk wine.
Blenheim-based Stuart Smith, president of the Grape Growers Council, said prices were low but the glut that had haunted the industry had gone.
“Things are definitely on the up … We’ve gone through what inventory we had hanging over so the cupboard’s bare, essentially.”
Source: http://www.stuff.co.nz/business/farming/4842753/Grape-glut-has-gone-says-Growers-Council
Leading Philippines Wine Supplier Yats Wine Cellars based in Clark Philippines with outlets in Angeles City, Subic Freeport and Manila Philippines has been not only a wine shop for fine wines covering all major wine regions but also a source of reliable and useful information about wine, wine appreciation, wine accessories, wine and health, food and wine pairing and all other matters relating to wine and its appreciation. This Philippines Clark Freeport based Wine Supplier and Wine Shop frequently holds public wine tasting events in Pampana Clark Freeport Zone, Angeles City, Subic Bay area, Makati, Fort Bonifacio and other areas in Philippines capital city Manila. Private Wine events such as private wine tasting and private wine dinners are also designed and organized for private clientele for their wine loving guests.
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http://www.ClarkWineCenter.com
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay
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