Caution urged over winegrape industry recovery

Caution urged over winegrape industry recovery

Signs of better times ahead for the Australian wine industry should be celebrated but not taken as an indicator of recovery. Mike Stone, Murray Valley Winegrowers (MVW) executive officer, said increasing wine exports and a report from Australia’s largest bulk wine broker, Austwine, which suggested a potential shortage of some varieties point to the start of a turnaround in industry fortunes.

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