Daily Wine News: Consumption Is Down

Posted by | Posted in Wine News | Posted on 04-22-2021

“Worldwide, wine production is up, but consumption is down. And the average price of wines exported worldwide has dropped,” reports W. Blake Gray in Wine-Searcher. “These were some of the findings released Tuesday by OIV, the International Organisation of Vine and Wine.”

In Reuters, Elizabeth Pineau explores the lasting symptoms of French wine-tasters who have recovered from Covid-19.

Mike Veseth, the wine economist, looks at all that has changed in the wine world since he wrote Wine Wars ten years ago. “What happens if the trend towards generic wines is taken to its logical extreme? In Wine Wars I joked (sort of) that we’d be left with Bud Red and Bud White — a threat that is more potent today with wine-in-cans gaining popularity. But I could never have imagined that we’d be staring at the specter of hard seltzer!”

Cases of Screaming Eagle and Opus One change hands for huge sums, but does the Golden State have its own price pyramid when it comes to investment? Matthew O’Connell explores California cult wine in Club Oenologique.

In Wine Enthusiast, Lauren Mowery highlights direct-to-consumer natural wine clubs.

Antonio Galloni pays tribute to Pio Boffa in Vinous. “The loss of a life is always sad. But when one of Piedmont’s old guard dies, we lose something more than just the person, and that is their knowledge, a knowledge that is increasingly held by just a few people who remember when making Barolo and Barbaresco was a struggle.”

In PUNCH, Megan Krigbaum talks to eight wine shop buyers about the rosés to seek out this year.

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