Vintage optimism, but issues seen

Vintage optimism, but issues seen

The New Zealand wine sector looks set for a bountiful 2016 vintage and growing exports to the US, but the country’s reliance on Sauvignon Blanc production and lack of investment in other grape varieties must be addressed. While the 2016 harvest is expected to better last year’s, analysts are picking the larger export companies will benefit more than smaller businesses struggling with cost pressures and distribution issues.

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