Tag: wine

Tuesday, August 29th 2023 - 06:45 UTC
Drastic French wine industry reduction: millions of Euros to destroy wine and pull up hectares of vines

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.
Thursday, August 17th 2023 - 10:57 UTC
“Unprecedented declines” in Chilean wine exports: China and UK worst cases

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.
Tuesday, November 22nd 2022 - 10:07 UTC
Argentina promoting medium and small companies exports to UK

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.
Wednesday, December 22nd 2021 - 08:24 UTC
UK the second top market for Argentine wines

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.
Monday, August 31st 2020 - 09:20 UTC
China escalates rift: launches investigation into alleged Australian wines' subsidies

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.
Friday, February 1st 2019 - 11:06 UTC
Wines of Argentina marketing campaign for 2019 features a love story

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.
Friday, November 16th 2018 - 08:12 UTC
Uruguay will host World Vine and Wine congress as of next Monday

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.
Friday, November 1st 2013 - 08:48 UTC
Experts dismiss forecasts of soaring wine prices: worldwide production on the rise

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

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

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.