Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,907
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

Keyword: grapesurplus

Brevity: Headers | « Text »
  • Price of Wine Expected to Drop to Lowest Level in Years Due to California Grape Surplus

    02/16/2020 4:58:36 PM PST · by BenLurkin · 97 replies
    ktla ^ | 02/16/2020
    Vineyards in Northern California began planting thousands of acres of new vines in 2016, and with more efficient harvesting methods, it has led to more bountiful harvests of grapes. Having more grapes to make wine sounds good, but if there’s not enough demand to support increased production, the surplus grapes go to waste. Jeff Bitter, president of Allied Grape Growers, told CNN that it’s possible for surplus grapes to make it to the secondary market, where they’re used for brandy or as grape concentrate. But that market doesn’t typically provide sustainable returns for growers. “The main cause of oversupply today...