Tag: wine

Friday, November 1st 2013 - 08:48 UTC

Experts dismiss forecasts of soaring wine prices: worldwide production on the rise

“World wine production has increased significantly in 2013 and consumption is stabilizing” says latest OIV report

In a much-publicized report released Wednesday, US bank Morgan Stanley said that a worldwide fall in production and growing thirst for wine among Chinese and Americans would send prices rocketing. However industry experts say worldwide production actually rose this year.

Tuesday, May 28th 2013 - 00:03 UTC

Venezuelans bishops warn government that there is a shortage of mass wine and hosts

The company that supplies wine for Eucharistic celebrations admits having difficulties to obtain foreign currency for the imports

Catholic News Agency reports that the serious food shortage in Venezuela could lead to a lack of wine and hosts for the celebration of Mass. Reporter Macky Arenas Arenas explained that the shortage in the country is due to “the lack of raw materials.”

Thursday, November 1st 2012 - 06:30 UTC

Global wine production down with a tight market in the next twelve months

OIV Director General Castellucci: “countries that are large producers of must and juice all face a shortage this year”

Global wine production will slump to the lowest in 37 years after weather damage to grapes from France to Argentina, forcing a draw down of stocks, the International Organization of Vine and Wine, OIV, said.

Friday, July 8th 2011 - 20:25 UTC

Decanter magazine highlights Chile as “wine producing paradise”

Cono Sur one of the most diverse and competitive wines in the world

The latest issue of U.K.-based Decanter magazine focused on the growing wine culture in Chile, a country it deemed a “grape growing and wine producing paradise” due its geographical diversity.

Monday, June 6th 2011 - 23:20 UTC

Chile’s Concha y Toro CEO among the top ten “2011 Power List” of wine world

Eduardo Guilisasti increased company’s wine sales from 172 million to 735 million USD between 2001 and 2010

Eduardo Guilisasti, CEO of Chile’s Concha y Toro winery, placed ninth on Decanter magazine’s recently released “2011 Power List.” The bi-annual ranking lists the 50 most influential people in the winemaking world based on their level of influence over consumer choice in wine. This year’s list elevated Guilisasti from his 2009 ranking as 13th.

Thursday, May 5th 2011 - 23:51 UTC

Spain loses 12-year battle: Argentina can use La Rioja denomination for its wines

In Spain it’s mostly red Tempranillos and in La Rioja, white Torrontes

Spain has lost its 12-year battle with Argentina over the use of the name La Rioja. The northwestern Argentine province of La Rioja was founded by a Spaniard in 1591; the Spanish were also responsible for introducing vines to the region, reports Decanter.com.

Monday, March 28th 2011 - 16:28 UTC

More than forty Argentine wineries participating at the Pro Wein 2011

The 2011 Pro Wein edition has 3.500 exhibitors and expects 36.000 visitors

More than forty Argentine wineries will be participating this week at the Pro Wein 2011 wines and spirits trade exhibition in Dusseldorf, Germany, considered one of the most important of Europe and which attracts some of the best professionals.

Saturday, March 12th 2011 - 05:43 UTC

Argentina creates first political wine: ‘El Justicialista’ to honour President Peron

Although the General preferred Malbec, this wine is a blend of several classical grapes

Three times Argentine president Juan Domingo Peron has his own brand of wine, “El Justicialista” following on the name of the populist movement the General founded in the late forties last century and has dominated Argentina politics ever since.

Friday, February 18th 2011 - 19:18 UTC

Chilean vineyards face shortage of field workers; most migrate to construction

Who is going to harvest this year’s grapes?

Chile’s white wine grapes slated for harvest at the end of the month may not find enough hands to pick them. The grape harvest is the most labour-intensive period of the year for vineyards, but this year, vineyards having trouble tracking down temporary workers to work the harvest season.

Monday, February 7th 2011 - 14:01 UTC

Chilean wine exports recover in 2010 and reach 1.5 billion US dollars

Markets after cheaper wines but demand keeps growing

Last year was a great year for Chilean wine exports. Despite the drop in wine exports that followed the 2008 financial crisis, in 2010 the wine industry reported sales of 1.5 billion US dollars, a 12.4% increase over 2009.


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