Wines made from Chasselas grapes - Page 3

A couple of weeks ago, I was looking up at some terraced vineyards in St-Joseph with an Australian friend. He remarked that he’d never seen a steep vineyard like this in his home country. Who could afford to rip out the trees, build the access roads, construct the terraces, and plant the vines, without being certain beforehand that the resulting wine could be sold at prices high enough to recoup the investment? It might not be the most romantic way of looking at it. But that’s the modern reality ...

Traditionally the wine auction market took the summer off. Although the season has lengthened recently, summer is usually a fallow period. This year, speculation was rampant – will the market (and the prices) continue their upward spiral? The first fall sales have now been conducted, and if prospects for the wine market remain strong, a few clouds linger on the horizon. Wine auction results in 2021 broke all previous records and set a new benchmark. With sales in major auctions of over £500m, th ...

Producers sold 33.72 million bottles in the US market throughout the year, according to new figures released today by the Comité Champagne. That represented a modest 1.2% decline compared to the record 34.2 million bottles sold in 2021. The slight decrease was attributed to a dearth of supply towards the end of the year, as stocks dwindled and producers struggled to meet the surge in demand among consumers. However, American wine lovers demonstrated an increasing fondness for more expensive cuvé ...