Fine wine market 2015: Stability returns but Bordeaux loses share, says Liv-ex

Fine wine market 2015: Stability returns but Bordeaux loses share, says Liv-ex

Bordeaux lost more ground to Burgundy and Italy in 2015, but the overall fine wine market has shown greater stability, says a review of the past 12 months from the Liv-ex trading exchange. Bordeaux‘s market share on Liv-ex has dropped to levels not seen since 2004, Liv-ex said this week in its review of the fine wine market 2015.

The benefits of dry-farming wine

Back in the 1990s, Russ Raney and John Paul were scandalized to discover that several of their wine-producing peers in Oregon’s Willamette Valley had begun installing drip-irrigation systems in their vine-yards. After all, the valley receives an average of 42 inches of rain a year. It seemed like the last place you’d need to add water.

How to age one of the world’s most famous Sauvignon Blancs for 20 years

Sauvignon Blanc is generally regarded as a “drink now” wine. Australians love it, downing more New Zealand Sauv Blanc than any other white. The Kiwi winery that started the craze, Cloudy Bay, celebrated the 30th anniversary of the wine that changed a nation’s drinking habits this year. The first Cloudy Bay Sauvignon Blanc was released in 1985.

Prosecco the next big thing

On a recent trip to the UK, my long-retired mother in-law admitted to succumbing to an extra bit of decadence in her life. She usually restricts her drinking to one small glass of sweet sherry a week, but confided that she and her 92-year-old best friend have taken to having a glass of prosecco at their weekly lunch at Marks and Spencer. Once I got over the shock of her drinking her way through my wife’s inheritance, I began to marvel at just how popular prosecco has become!

New look for Noosa food and wine festival in 2016

ENJOY great Australian wines, artisan foods, culinary talent and the finest Queensland produce at the new-look Noosa Food and Wine Festival from May 19-22. There will be a range of events staged in the Festival Village on Main Beach as well as others across the region in restaurants and the hinterland.

Mugfords at Moss Wood for 30 years

THE first Margaret River vineyards had been planted only a decade before when young McLaren Vale-bred Roseworthy graduate and avid surfer Keith Mugford was lured there by the region’s immense winegrowing potential and great waves. Sited in the northern sub-region of Wilyabrup, Moss Wood vineyard was founded in 1969 by medico Dr Bill Pannell and his wife Sandra and was one of Margaret River’s earliest wine ventures.

New partnership aims to transform winery waste

A new partnership between Swinburne University and DAL Group Australia (DGA) seeks to develop technology to transform winery waste into natural compounds that can be re-used in the winemaking process. In the European Union the skins, pulp, stalks and seeds left over after grape pressing are now classified as industrial waste.

Ice wine harvest delayed again due to temps

Ice Wine isn’t what Glenora Wine Cellars is known for, and it certainly doesn’t come close to its other wines in terms of production numbers. However, it’s something which owner Gene Pierce still likes partake in every year, weather permitting. These above average temperatures are pushing the season back by a month or even more. “We’re watching the temperature and the long range temperature very closely,” says Pierce.

Official report shows Chinese vineyard plantings

China’s main sources of wine grapes are currently Xinjiang, Shandong and Hebei, and Cabernet Sauvignon is one of the key varieties being planted across China’s young wine regions, shows one of the first official reports on the subject. Duan Changqing, chief scientist of China Agriculture Research System for Grapes and Wine industry, outlined the regions at a trade conference organised by China National Food Industry Association last month.

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