Fragile NZ wine industry under siege (NZ)

Adverse weather conditions, bulk wine sales, volatile exchange rates, a lack of confidence in government policy and the vagaries of fruit supply and demand are all dealing blows to an already fragile industry, according to the latest Markhams wine industry business confidence survey. Whilst many wineries remain “carefully optimistic” about the year ahead, nationally the poor weather conditions have impacted on fruit volumes, with lower yields expected, particularly in Marlborough, reports Voxy News.