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

Friday, November 1st 2013 - 08:48 UTC

Full article 4 comments

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. Read full article

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yankeeboy
As the world Wine business grows and gets more profitable companies are closing their vineyards/wineries in Argentina.
Heterodoxy policies at work or not at work as the case may be.
Nov 01st, 2013 - 12:11 pm - Link - Report abuse 0
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The Truth PaTroll
@1

Talking out of your ass again? Which one of them?

You are such a ridiculous, risible court jester.

There has never been more wineries and profits in Mendoza from the wine industry. And we have first dibs on China and Brazil and Russia.
Nov 01st, 2013 - 07:56 pm - Link - Report abuse 0
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GeoffWard2
I myself have put down over a hundred litres of 'Chateau Ward' this year, half of this being grape wine.
As availability pushes prices, perhaps DIY will be the coming trend.
Nov 02nd, 2013 - 04:53 pm - Link - Report abuse 0
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Clyde15
#1
Talking out of your ass again? Which one of them
Likewise.

You tell us that you want Argentina to have nothing to do with the rest of the world.
Now you say that you want to sell wine to China and Brazil and Russia.
What course of action do you advocate ? Trade or isolationism ?
Nov 03rd, 2013 - 05:42 pm - Link - Report abuse 0
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