Life returns to wine grape prices

Life returns to wine grape prices

The price of wine grapes in Australia is improving after some years in the doldrums, thanks to China’s growing demand for imported wine. Agribusiness banking specialist Rabobank says grape prices, especially for red grapes in premium growing regions, have rebounded from their low point in 2011.
The lower Australian dollar and relatively constrained production of grapes in Australia and overseas have also helped lift prices.

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