Low value could force growers out of the industry

Low value could force growers out of the industry

THE average prices of major red grape varieties harvested this year in the Murray-Darling and Swan Hill wine regions were the lowest in a decade, falling to under $300/tonne, according to the Murray Valley Winegrowers Inc. Data provided by wineries to Wine Australia for the Murray-Darling and Swan Hill Wine Grape Crush Report revealed average prices for Cabernet Sauvignon of $295/tonne (-10%), Merlot $293/tonne (-5%) and Shiraz $289/tonne (-8%).

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