Grapes of wrath: Red wine glut leaves crops to wither on the vine in South Australia

Published 2022년 11월 10일

Tridge summary

The Riverland region, contributing 60% of South Australia's grape production for wine, is facing a crisis as 40% of Cabernet Sauvignon and Shiraz grapes for the upcoming harvest have no market, with possibilities of these grapes being dropped. This situation is part of a larger industry problem, highlighted by Wine Australia's report showing a stable red wine glut and a significant drop in the $700 million export market to China. Regional wine growers, especially in the Barossa, McLaren Vale, Langhorne Creek, and Coonawarra, are seeking solutions as demand for red wine grapes decreases. Some growers are adjusting their cropping strategies and switching to white varieties. The crisis is attributed to the effects of COVID-19 on cellar door sales, supply chain issues, rising export costs, and a reduction in export markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Riverland is the engine room for the state’s wine industry, producing 60 per cent of its grapes, but growers are facing dire predictions for the next two harvests. Chaffey MP Tim Whetstone said Riverland wine executives reported this week that 40 per cent of Riverland Cabernet Sauvignon and Shiraz grown for the harvest starting in January has no home. “That could mean 100,000 tonnes of fruit that will potentially be dropped on the ground,” he said. “(Predictions are that) the China bubble has burst and the majority of wineries and wine wholesalers will buy cool climate premium wines at lower Riverland price (meaning those growers will struggle to cover costs).” Previously sought-after red wine grapes Shiraz and Cabernet Sauvignon dominate vineyard production across the state. The two were the major wine varieties exported to China where September figures show the market has shrunk to about $16 million. Wine Australia’s latest report released yesterday shows there is no drop in ...
Source: Indaily

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