Daily Wine News: Pondering the Future

Posted by | Posted in Wine News | Posted on 10-21-2019

redwineinglassesRob McMillan announces the potential end of the Silicon Valley Bank State of the Industry Report. “I am trying to put the pieces together to arrive at a decision to continue or discontinue the Annual SVB Industry Survey, and I need your help to decide…We have to be open to the possibility that the SVB Industry Survey has outlived its usefulness, isn’t worth the substantial time and expense on our part and that it might be time to cross the bridge we’ve come to and move on.”

In Mother Jones, Kara Voght reports on how Napa’s producers are struggling to ripen fruit as a result of climate change, and delves into the details of Dan Petroski’s 21-year experiment to determine which grape varieties might thrive best in Napa’s warming climate.

Jancis Robinson considers the global phenomenon of wine price inflation. “…a crucial factor in support of all this ambitious pricing is that nowadays the number and wealth of people willing to buy famous wines is exponentially greater than it was even 20 years ago. A producer with a reputation knows that if a budget-conscious British or American buyer passes on their trophy wine, there will be a collector or trophy hunter in Asia, Russia or Brazil who will be only too glad to take up the slack.”

“France’s wine growers stand to lost as much as EU300 million ($335 million) in exports next year due to U.S. tariffs,” reports William Horobin in Bloomberg.

“Sekt, which had lagged behind in Germany’s quality revolution, is the country’s latest category to experience a revival. It is back with a vengeance – and real quality.” In Decanter, Anne Krebiehl MW charts the revival of Germany’s signature sparkling wine. (subscription req.)

In the Washington Post, Dave McIntyre highlights the one wine glass you need.

In Grape Collective, Christopher Barnes talks to Michael Benedict about his passion for Pinot Noir, the development of the Sta. Rita Hills wine region and his unique path in the wine industry.

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