Commodities & markets, Media, Wine & winegrapes

California wildfires will hit higher-end wines hardest

Reuters 11 Oct 2017

“Dan Sumner, an agricultural economist at University of California, Davis, said consumers buying wines priced at $60 or more may see higher price tags due to smaller volumes of some vintages.

“They’re going from wines you can’t afford to wines you really, really can’t afford,” he said.”

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