SA growers summit to tackle grape prices

The real impact of fluctuating currencies on South Australia’s winegrape growers will be presented at the second annual SA Winegrape Growers Summit being held on July 17. The Wine Grape Council of South Australia (WGCSA) said while the falling dollar is a positive factor for the wine industry the level of benefit is still to be determined. Peter Hackworth, WGCSA executive officer, said new free trade agreements with countries like China and South Korea were good signs for Australia’s wine industry, but our competitors in other exporting countries like Chile and South Africa are also benefiting from similar rates of depreciation.