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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.”

For full article, click here: https://www.businesslive.co.za/bd/world/americas/2017-10-11-california-wildfires-will-hit-higher-end-wines-hardest/

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The Agricultural Issues Center is now the UC Davis California Agricultural Issues Lab. This site has been archived.

 

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