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Deluge of fine wine dismays the French
GuardianUnlimited ^ | September 17, 2006 | Jason Burke

Posted on 09/16/2006 7:04:30 PM PDT by quantim

It is the ultimate irony. For the wine growers of Bordeaux, already suffering a financial crisis, the season has been too good. Though the quality appears to offer hope of salvation, the quantity of the 2006 vintage is causing problems.

(Excerpt) Read more at observer.guardian.co.uk ...


TOPICS: Business/Economy
KEYWORDS: agriculture; boycotts; cleaningfluid; europeanunion; france; nato; oenology; sanctions; solvents; tariffs; trade; wine; zymurgy
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To: RayChuang88
Actually, it's just the opposite. They're getting hammered on the high-end big time too. They have dropped of wine lists precipitously in the better restaurants, and collectors have slowed buying Bordeaux futures and so forth.  Even that Y2K Champagne nonsense cost them dearly.

Additionally, the low end wines have never been much of a market domestically.  Their problem is they can't compete with other countries when it comes to quality on the low end price points.  Even Australia who is clobbering the French, are also suffering from gluts. 

21 posted on 09/16/2006 8:00:06 PM PDT by quantim (Victory is not relative, it is absolute.)
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To: Gordongekko909

loads up on dirt-cheap, high-quality wine::

I assume MD20, Thunderbird and other moderately priced wines will also go down in price. This will save me bundles of cash.


22 posted on 09/16/2006 8:01:06 PM PDT by Joan Kerrey
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To: quantim
They're getting hammered on the high-end big time too. They have dropped of wine lists precipitously in the better restaurants, and collectors have slowed buying Bordeaux futures and so forth. Even that Y2K Champagne nonsense cost them dearly.

Well, that does explain why French wine companies are heavily investing in California wineries. And with good reason: California grows more predictably good wines than in France, especially in the Napa Valley, Sonoma Valley, Paso Robles, Solvang and Lodi areas.

Another thing that is scaring a lot of French winemakers is that Gallo is now heavily investing in high-end wine production. Given Gallo's superior economies of scale, they could run rings around most French wineries fairly quickly.

23 posted on 09/16/2006 8:07:54 PM PDT by RayChuang88
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To: Joan Kerrey
Indeed. And then everything else will drop, 'cause they're competing with wine.

Current Music: "Let's all get drunk tonight" by Afroman

24 posted on 09/16/2006 8:09:25 PM PDT by Gordongekko909 (Mark 5:9)
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To: quantim

How much money does ADM get from the government?


25 posted on 09/16/2006 8:11:57 PM PDT by dr_who_2
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To: RayChuang88

The legendary French wine producers are also well established in the Chilean wine industry.


26 posted on 09/16/2006 8:14:37 PM PDT by NautiNurse (Katherine Harris for U.S. Senate)
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To: quantim

Goodness, when I drank, expensive French wine was never a consideration. I preferred the big boxes of the least expensive wine I could get. I went for quantity, not quality. Priorities.


27 posted on 09/16/2006 8:17:45 PM PDT by peggybac (Tolerance is the virtue of believing in nothing)
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To: quantim

The French are dismayed by everything, including sunrise.


28 posted on 09/16/2006 8:21:09 PM PDT by elkfersupper
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To: NautiNurse

Chile has produced a lot of fine wines in recent years because winemakers have discovered that central to southern Chile are excellent wine-growing regions with conditions like that of Napa and Sonoma Valley in California.


29 posted on 09/16/2006 8:29:08 PM PDT by RayChuang88
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To: quantim

I would drink French wines if their prices were even comparable to what one can buy now.


30 posted on 09/16/2006 8:34:37 PM PDT by TheLion
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To: quantim

I do love buying cheap french wine... it is a lot like buying cheap Mexican Carnitas from the taco stand. All the pleasure without the hit to the wallet.


Viva the third world nations.


31 posted on 09/16/2006 8:37:01 PM PDT by Porterville (Hispanic Republican American Bush Supporter)
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To: quantim

France has the best cheese AND cider in the universe. The best.


32 posted on 09/16/2006 8:38:36 PM PDT by cyborg (No I don't miss the single life at all.)
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To: quantim
Maybe a new Bordeaux appellaton is in order... Something like 'Le Grand Bush' since his global warming drove just the right conditions for two years in a row.

"Monsieur Le President Bush... A Votre Sante!"

33 posted on 09/16/2006 8:51:35 PM PDT by nctexan
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To: aculeus
The wine glut is here now. There's tons of wine everywhere. There's an ocean of wine available out there.

There's still lots of overpriced wine too. Average cabs and merlots for $50 + a bottle. And tons of average or mediocre second and third brands "pinot noir" and cab that's now $10 or 11 a bottle instead of $6 or $7

Tons of wine is still overpriced. Lots of time you're paying for real estate and 2nd career hobbist wine producers.

I love wine and good wine, but it's no longer a holy grail or sacrament to me.
34 posted on 09/16/2006 9:28:06 PM PDT by garyhope (It's World War IV, right here, right now courtesy of Islam.)
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To: river rat

Anything the Fwench can do, a non socialist can do better, cheaper and quicker.

The Fwench operate on a combination of the old Roman system of organization and Marx's society.

Rome and Communism both fell under the weight of the combination of their bureaucracy, sense of entitlement and laziness. The same three things seem to collapse the Fwench about every 50 years or so since Napoleon.

Nothing to see here. Move along.


35 posted on 09/16/2006 9:33:35 PM PDT by 308MBR (When you call islam "medieval", muslims get mad and act even more "medieval".)
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To: Gordongekko909

I used to buy a lot of French wine. Never again. When they have wine tasting in a store, I always ask if it is French. Always walk away when they say yes. I have been told that I am not the only one.


36 posted on 09/16/2006 10:02:40 PM PDT by 2ndClassCitizen
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To: quantim

Wine is such a terrible waste of good grape juice.


37 posted on 09/16/2006 10:07:34 PM PDT by Chewbacca (I reject your reality and substitute my own.)
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To: Joan Kerrey
I assume MD20, Thunderbird and other moderately priced wines will also go down in price.

MD20...I think that's what I use on squeaky door hinges!

38 posted on 09/16/2006 10:10:02 PM PDT by BlazingArizona
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To: Chewbacca

France is such a waste of prime real-estate.


39 posted on 09/17/2006 4:50:48 AM PDT by Pontiac (All are worthy of freedom, none are incapable.)
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To: quantim
Even that Y2K Champagne nonsense cost them dearly.

I got curius and did a search on this topic.

Seems that the shortage crisis was something that was started by CA champagne producers, wasn't it? Very interesting. The market for champagne is fairly limited I'd imagine. Not too smart to drive their consumers to find alternatives. Too many choices at more reasonable prices and they generally taste far better.

Oh well, seems to be a trend in the industry these days.

40 posted on 09/17/2006 4:59:45 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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