Costs Soar as Demand Uncertain
Grape growers expect a smaller crop and higher input costs this year, while grape buyers are keeping a close eye on demand as negotiations conclude for the coming vintage. Rising input costs and slowing sales momentum mean challenging conditions for both sides of the market as economic uncertainties create the prospect for a new normal […]
Central Coast at a Glance
California’s Central Coast is home to 20% of the state’s wineries and while the majority of those produce fewer than 5,000 cases a year, the region also includes several large wineries making more than 500,000 cases. That range in annual production is similar to the rest of California and as the Central Coast offers a […]
Industry Metrics: Imports Lead Sales Growth
Value of Domestic Wine Sales for 12 months ended February 2022 +14% U.S. wine sales including bulk imports, bw166 Other Wine Industry Metrics February 2022 (versus February 2021) data: -5% off-premise sales value, NielsenIQ channels +71% on-premise sales (52 weeks ended Jan. 1, 2021), CGA Strategy +15% DtC shipment value, Wines Vines Analytics/Sovos ShipCompliant […]
Early Sales, Contracts Ease Inflation Pain
Randy Heinzen purchased the Central Coast vineyard management and development company, Vineyard Professional Services (VPS), in 2017 after joining the firm in 2013. Heinzen grew up in the town of Gilroy, Calif., graduated from Cal Poly and earned his master’s degree in Australia before working as the vineyard manager for Beckstoffer Vineyards in Napa Valley […]
Upcoming Events
March 22-24: Eastern Winery Exposition The Eastern Winery Exposition is the largest conference and trade show focused on the wine industry in the eastern United States. easternwineryexposition.com March 27-29: ProWein International wine and spirits trade fair in Düsseldorf, Germany. prowein.com March 29: Central Coast Insights The economic and financial conference for the Central Coast wine industry. wbmevents.com March […]