Monday, September 27, 2010
Mid-range fine wines, which are more likely to come from local grapes, are doing especially poor.
Other factors are at work as well.
For one, wineries have increasingly planted their own vines, enabling them to produce estate wines commanding a better price in the market. For another, the weather remains very uncertain this year, and that makes this year’s grape crop a bigger gamble than most.
Read more at the NewsRegister.com.