The European grape market is facing a significant shortage due to heat waves in Italy, Spain, and Greece, resulting in high prices for imported grapes, with white grapes reaching 19-21 euros per kilogram. This price increase is impacting sales as there is not enough volume for promotions. While Brazil's grape yields are inconsistent, Peru is expected to have a normal or larger harvest compared to two years ago, and good harvests are anticipated in Namibia and South Africa.