Wine shortage to follow poor 2012 grape harvest
October 31, 2012
FROM THE BBC
Dr. Pinna says…
This is extremely bad news for Wine Lovers.
In German we have a famous saying about wine:
“Das leben ist viel zu kurz um slechtest wein zu trinken”
“Life is much too short to drink cheap wine!”
Now, not only will we have to drink “cheap” (quality and price) wine,
but there may not be enough to go around!
We need to plant more grapes and less potatoes and corn.
Tipsy people are more more pleasant than fat ones.
ARTICLE FROM THE BBC
Poor weather has affected harvests in many countries across the world
A poor grape harvest in 2012 is predicted to lead to a shortage of wine across the world.
The International Organisation for Vine and Wine (OIV) says global wine production will fall to its lowest level since records began in 1975.
Hardest hit are wine-makers in Argentina, where output will fall 24%, and in the world’s two largest wine producers, Italy and France.
The OIV said the fall in production was likely to push up prices.
Global thirst for wine is growing, especially in the developing world, and demand is expected to outstrip production this year.
The organization’s director-general, Federico Castelluci, said: “We’re dipping into reserves for supply.”
Overall production is expected to fall to just under 250 million hectolitres (just over five billion gallons). Last year the world produced 265 million hectolitres.
The one major producer to buck the trend is the United States, where output is expected to rise by 7%.