September 2007
Monthly Archive
September 26, 2007
September 26, 2007
Latest news from Australia is not good. Forecasts for the grape crop is a prediction that volume will be at least 50% down due to the severe drought. In one region, the water allocated for agricultural crops including grapes has been reduced by 90%. Predictions are that hundreds/thousands of grape growers may go out of business this year. Australian wines will likely see a big increase in price to compensate for the reduced volumes.