MercoPress https://en.mercopress.com/ South Atlantic News Agency en Copyright 2024, MercoPress. https://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Drastic French wine industry reduction: millions of Euros to destroy wine and pull up hectares of vines]]> Minister Fesneau said the money was “aimed at stopping prices collapsing and so that     wine makers can find sources of revenue again” France is preparing to destroy some 80 million gallons of wine to help its farmers in wine-producing areas to cope with a sharp fall in prices, as consumption decreases and overproduction has further complicated the situation. For this purpose the European Union has granted an initial 160 million Euros, topped to 200 million Euros by the French government, Agriculture Minister Marc Fesneau told reporters at a press conference.

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Tue, 29 Aug 2023 06:45:00 GMT
<![CDATA["Unprecedented declines" in Chilean wine exports: China and UK worst cases]]> “In this period, all ten of our main consuming markets have experienced declines in wine exports,” reported Wines of Chile Chile reported in the first half of 2023 “unprecedented declines” in wine exports, totaling 20 million boxes and 584 million dollars, which represents a 24% decrease in both volume and value compared to the same period last year, according to Wines of Chile.

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Thu, 17 Aug 2023 10:57:00 GMT
<![CDATA[Argentina promoting medium and small companies exports to UK]]> Argentine wine exports to UK in 2021 totaled US$ 105 million Sponsored by the Argentine Foreign and International trade ministry, a business delegation from Argentina visited the UK for a round of negotiations involving companies linked to the food and beverage industries.

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Tue, 22 Nov 2022 10:07:00 GMT
<![CDATA[UK the second top market for Argentine wines]]> Malbec is a distinctive Argentine wine brand and is celebrated annually in London sponsored by the Argentine embassy Argentina's Grape and Wine Growing Institute, INV, reported that in November the sale overseas of fractioned wine climbed 21% over a year ago, reaching 200.336 hectoliters, representing 75,3 million dollars. The United States is the main client followed closely by the United Kingdom.

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Wed, 22 Dec 2021 08:24:00 GMT
<![CDATA[China escalates rift: launches investigation into alleged Australian wines' subsidies]]> China's commerce ministry said in an online statement it would now investigate 37 Australian wine subsidy schemes following a request from the China Wine Industry China on Monday launched an investigation into alleged government subsidies of some Australian wine imports, a widely expected follow-up to an anti-dumping probe that Australian representatives said they would oppose.

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Mon, 31 Aug 2020 09:20:00 GMT
<![CDATA[Wines of Argentina marketing campaign for 2019 features a love story]]> Exports of Argentine wine to the US reached 50,732,700 litres in 2018, the equivalent of US$244,866,000, making it one of its key export markets Wines of Argentina (WOFA) has launched a disruptive new marketing campaign for 2019 called “Vino Argentino: A Blind Tasting Story”, which features a love story between two people from opposite worlds and targets young women in the US.

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Fri, 01 Feb 2019 11:06:00 GMT
<![CDATA[Uruguay will host World Vine and Wine congress as of next Monday]]> Representatives from some 47 countries are expected at the OIV event, to be held at the Atlantic resort of Punta del Este Uruguay will be hosting the 41st World Vine and Wine congress, of the International Organization of Vine and Wine, OIV, which begins next Monday until Friday in the Atlantic seaside resort of Punta del Este. Representatives from some 47 countries are expected at the event, which is described by Uruguay officials as a most significant for the domestic vine and wine industry since it will have world repercussion.

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Fri, 16 Nov 2018 08:12:00 GMT
<![CDATA[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.

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Fri, 01 Nov 2013 08:48:00 GMT
<![CDATA[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.”

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Tue, 28 May 2013 00:03:00 GMT
<![CDATA[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.

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Thu, 01 Nov 2012 06:30:00 GMT