If you're a $15-a-bottle wine buyer, 2014 should be a fruitful year, with more choice and better quality wine. But if you like buying limited-production high-end wines, beware: prices might leap this year, as wineries seize on signs of a stable economy.
Rosé These are two of the key prognostications from this year's annual State of the Wine Industry Report from Silicon Valley Bank, released Thursday.
Sauvignon Blanc Firstly, consumers at the lower-end of the price range, can expect to get more bang for their buck. The 2012 and 2013 harvests produced bountiful crops of high quality grapes in California , which accounts for approximately 90 percent of U.S. wine production. "The really good news for the consumer is there's going to be some nice one-off deals, some juice that gets put into $15 bottles that might have been intended for $30 bottles," said Silicon Valley Bank vice president Rob McMillan in a web conference to mark the launch of the report.
HORRIFIED at the jolly excess of the festive season, many people around the world are currently experiencing a “dry January”: no booze until February 1st.
Cabernet Shiraz The Economist recently presented the case for raising alcohol prices through taxes levied on a drink’s strength (so that the most harmful drinks are more expensive). Cassandra wishes, however, to provide some light at the end of the tunnel for the abstemious, with a choice of five wines to sip (moderately) in the coming months.
Rosé 1. Vietti Rocche Barolo, Piedmont, Italy Barolo wines are from Piedmont, in north-western Italy, and their “tar and roses” scent comes thanks to the black-skinned Nebbiolo grape. Vietti’s Rocche Barolo is ruby red, with aromas of liquorice, spice and truffles. Its silky tannins are supposedly good for serving with heavier red meat dishes, such as stews or venison, and with sharp cheeses. Over the past four decades artists such as Gianni Gallo, Eso Peluzzi and Pietro Cascella have had their works displayed on Vietti’s bottles.
The significant growth investments and transition to higher margin products and distribution channels are being ignored at Willamette Valley Vineyards ( WVVI ).
Shipping Wine To India The temporary modest decline in sales should be viewed as a positive as it is the result of a focus on profit rather than pure volume growth.
Cabernet Shiraz An attractive valuation limits the downside while unique company specific growth factors and a secular trend towards greater wine consumption provide strong tailwinds.
Foris Vineyards Winery, a family-owned and -run vineyard, was one of Southern Oregon's winemaking pioneers. It is still going strong and — given the scores received by its latest releases — worth a fresh look, not to mention taste.
Grover Vineyards India Ted Gerber purchased 15 acres near the old, abandoned mining town of Holland in the hills above Cave Junction in 1971. He had a dream and a plan.
Shipping Wine To India Gerber had done his homework. Armed with meteorological data going back 30 years, collected by a forest-firefighter base south of Cave Junction, Gerber knew that he had the ideal climate for Alsatian and Burgundy grape varieties. Gerber bought an additional 80 acres in 1975, armed with more soil and weather data from Oregon State University's Southern Oregon Experimental Station. His first plantings were pinot noir and gewurztraminer followed by experimental plantings of chardonnay, Muller-Thurgau, semillon, zinfandel, pinot blanc, pinot gris, sylvaner, cabernet sauvignon and early muscat.
Albutom Vineyard in the Santa Cruz Mountains gets its name from an inside joke during a planting party.
Wines To India The tasting room at 19501 Skyline Blvd., Woodside, is open noon-4 p.m. Mondays and 11 a.m.-5 p.m. Wednesday through Sunday. For directions, consult the map on www.fogartywinery.com rather than rely on another source.
Grover Vineyards India The winery offers three kinds of tasting flights ranging from $10 to $20 per person, though a complimentary four-wine flight is offered Wednesdays.
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