Daily Wine News: Shifting Supply

Posted by | Posted in Wine News | Posted on 08-03-2023

(Flickr: KBJPhoto)

“In a meeting last month with its growers, Ste. Michelle Wine Estates (SMWE), the Northwest’s largest winery, informed growers that the company would be substantially reducing its fruit contracts. Specifically, SMWE plans to reduce its total anticipated grape supply by 40% over the next five years.” Sean P. Sullivan has the details.

In SevenFifty Daily, Samantha Maxwell on what you need to know about Albanian wine. “Between 2000 and 2016, grape production in Albania jumped over 250 percent. In 2022, the country produced 3.03 million liters of wine, 46.4 percent of which was exported, mostly to other European countries, according to Albania’s Ministry of Agriculture and Rural Development. Exports to the United States have been sporadic and centered in Texas and Michigan, but are expected to increase in the coming years. As Albania’s wine industry continues to grow, some of the country’s producers hope to reach a wider audience through tourism.”

Chris Mercer reports on Italy’s difficult 2023 season in Decanter. “Extreme weather events mean Italy’s 2023 wine harvest could be up to 14% smaller than in 2022…”

In the Drinks Business, Patrick Schmitt explains why regenerative viticulture is gaining traction among major wine producers.

Jane Anson looks at how Bordeaux plans to tackle its overproduction of wine.

In Wine Enthusiast, Jillian Dara on the beauty of aged Sauvignon Blanc.

Maggie Hennessy on “the timeless charm of cheap Chianti” in VinePair.

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