DRV: harvest ends for German winegrowers' cooperatives

Published Oct 17, 2024

Tridge summary

The 2024 wine vintage is expected to be high quality due to ripe grapes and moderate alcohol content, despite challenges like severe losses from frost and increased production costs. German wine cooperatives, responsible for a third of the country's wine production, have faced challenges such as the rainiest year on record but have used technical innovations and great commitment to maintain quality. However, an uncertain economic situation resulted from high production costs, oversupply, and declining consumption. The German Raiffeisen Association (DRV) suggests rotational set-aside as a solution to oversupply, and expresses concern about the potential for further increased minimum wages, which could worsen the competitive disadvantage of the German wine industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Consumers can expect good wines from the 2024 vintage Consumers can expect attractive wines from the 2024 vintage in all growing regions. The grapes were physiologically ripe and provided the aroma of young wines that are already fermented for the variety. Thanks to the moderate alcohol content, there are ideal conditions for exquisite and fruity wines, said Peter Jung, wine expert at the German Raiffeisen Association (DRV). Some regions suffered severe losses of up to 70 percent due to frosty nights in the third week of April. And the total volume of fruit harvested for the whole of Germany this year is slightly lower than in previous years. Every third bottle of wine in Germany from a cooperative With a total of around 3 million hectoliters, 140 wine cooperatives always supply around a third of the total volume of wine produced in Germany, with half of it going to grocery stores and discount stores. The cooperative winegrowers and vintners traditionally produce the most in the ...

Source: Farmer.pl