Grape prices: Viticulture Association calls for national collaboration

Published 2020년 8월 27일

Tridge summary

The Austrian wine industry is facing a potential crisis as the grape harvest approaches, with grape prices rumored to be as low as 49 cents per kilogram, far below the minimum of 50 cents for cost-covering production. This is of particular concern from trading companies that supply the food retail sector, which experienced a 17% sales increase during the lockdown. On the other hand, grape prices of 70 cents per kilogram or more are expected in the regulated grape market. The Austrian Winegrowing Association and the Chamber of Agriculture of Lower Austria are urging a national alliance and an end to the reported price boycott. The association has also implemented measures to mitigate the crisis with the EU's corona crisis regulations and Austrian support programs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Like countless areas, Austria's wine industry was and is massively affected by the Corona crisis. With the approaching grape harvest, the winemakers face the next challenge. In the free grape market, grape prices are already being rumored to be well below 50 cents per kg of grapes. And that especially from trading companies, which mostly deliver to the food retail trade, which is precisely the sector that has grown as a result of the restrictions of the lockdown in wine sales (with a sales increase of 17% compared to the previous year). “Grape prices of 50 cents are the absolute minimum for cost-covering grape production. It cannot be that purchases are made below this cost price - especially not in the current situation. I demand a national alliance and an end to this price boycott ”, appeals Johannes Schmuckenschlager, President of the Austrian Winegrowing Association and the Chamber of Agriculture of Lower Austria as well as a member of the National Council, to the domestic ...

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