The Château Tiffray of Lussac-Saint-Émilion of Bordeaux

Liv-ex said the trade ‘is reporting strong sales’ of Burgundy 2020 wines following the first en primeur releases in recent weeks, despite higher prices. Decanter’s Charles Curtis MW rated Côte d’Or reds and whites highly in his Burgundy 2020 overview, published earlier this month. Liv-ex’s new Burgundy report also suggested that getting hold of some wines has become even more difficult. ‘The trade continues to report an insatiable global buying appetite that has led to reduced alloca ...

The region’s trade share slumped to an historic low of 37.7% in 2021 after failing to keep pace with the broader market. It was the first time Bordeaux’s market share had ever fallen below 40%. At the time of writing, it has slipped to 32%, according to Liv-ex. The company divides its main index into a series of sub-indices. Over the past year, the Bordeaux sub-index increased by a modest 11.5%, compared to 43.8% for Burgundy and 51.2% for Champagne. The main challenger to Bordeaux’s throne is B ...

Severe drought in northern Italy has led to the country’s government declaring a state of emergency in several regions, including Emilia-Romagna, Friuli-Venezia Giulia, Lombardy, Piedmont and Veneto. Funds of €36.5m (£31m) would be made available to these regions for drought relief, the government said. Agriculture body Coldiretti said last week that the Po river, which flows across northern Italy to the Adriatic Sea, was almost unrecognisable. Drought in the Po Valley threatened around 30% of n ...