Growers struggle to survive with falling grape prices

Growers struggle to survive with falling grape prices

After years of low prices and spiralling debts, some of Australia’s oldest grape growers are giving up. They say the price setting of the wineries is sending them broke and things must change. Some of Australia’s oldest grape growers are pulling up their vines and scaling back after years of low prices and spiralling debts. In South Australia’s Riverland, growers say that the cards are stacked against them and they want help competing against the big wineries. But as Alex Mann reports, even their own association thinks it may be best to give up the fight.

April 2015 Grapegrower & Winemaker magazine out now

The April 2015 issue of the Grapegrower & Winemaker magazine is out now – and is available online for all subscribers. The annual Top 20 countdown of Australian wine companies is featured this month in a special report written by freelance wine writer, Jeni Port. The April issue also looks at the latest in pruning; trellising and training as well as fertilisers and nutrition. We also feature an in-depth look at winemakers transitioning into the spirit industry, with several local distillery owners sharing their opinions.

California’s drought may result in tastier wine

California is struggling with water resources for the fourth year in a row during a historically bad drought. This week, California Gov. Jerry Brown signed an executive order requiring cities and towns to cut 25 percent of their water use over the next nine months. Meanwhile, the winemakers have actually been producing tastier wine. With a drought that’s affected more than 98 percent of the state, the prediction was that the California wine industry may be reaching the end of the vine.

Aussies jealous as NZ dollar approaches parity

The Aussie dollar has staved off parity with the Kiwi … for now. A rate cut reprieve from the Reserve Bank of Australia (RBA) on Tuesday saved what the Aussies called an embarrassment: parity with the Kiwi. However, the market still expected the New Zealand dollar to achieve parity sooner than later as the RBA looks for a lower exchange rate to stimulate the economy across the Tasman. If the gold kiwi grows wings and soars above the golden kangaroo, the New Zealand dollar will be worth more than an Australian dollar for the first time since October 1973.

New flights to connect wine regions

Wine enthusiasts could soon be flying from one grape-growing region to another as Sounds Air plans a direct flight between Blenheim and Napier. Managing director Andrew Crawford said the company was considering introducing the flight to allow people to commute between the wine regions more freely. The new route would likely operate twice a week, Crawford said. “I think there’s a lot of people who travel back and forth,” he said.

Plans to refresh Entwine Australia

The Winemakers’ Federation of Australia (WFA) announced some upcoming changes to Entwine Australia, the industry’s environmental assurance program. Through a series of free workshops across Australia, the program will be assessed with any issues discussed by WFA together with the broader wine community. Damien Griffante, Federation natural resource policy and programs manager, said continuous improvement was a cornerstone of Entwine. “We are excited about Entwine’s uptake and its next steps to make the program even better which we want to explore at the workshops with industry and stakeholders,” he said

Record entries but no records broken at annual Bago Grape Stomp in northern NSW

It is the highlight of the wine grape harvest in the Hastings Valley in northern New South Wales.
But while the Bago Grape Stomp attracted record entries this year, the record was not broken.
This year marked the 17th event and hundreds of people from across the region and the state turned out for the championships at a winery near Wauchope. “There were over 40 entries, so 80 people have put their names down for the stomp, as well as a full field in the media grape stomp,” organiser Ian Adams said.

Winemaker lads set up shop with a crowd of support in Preston

Thornbury’s Cam Nicol and winemaker mates Sam Vogel and Alexander Byrne last month teamed up to launch Noisy Ritual, a crowdfunded winery and pop-up bar on High St, Preston. Noisy Ritual guides members through the winemaking process, from grape to glass, by inviting participants to stomp their own batch of grapes, press them, and then bottle the finished product. Nicol said the decision to launch an urban winery came after moving into his Thornbury home last May, where he discovered a square concrete wine fermenter in the basement.

Canberra biodynamic winemaker lets the lunar cycle determine harvest

“A bottle of wine contains more philosophy than all the books in the world,” is a quote from philosopher Louis Pasteur. For one Canberra winemaker it is the teachings of a philosopher that has shaped his wine. Dr Dave Carpenter has operated Lark Hill winery, north-east of the nation’s capital, for over two decades after previously working in mathematics and physics. His picking of grapes and making of wine is based largely on work originally carried out in 1924 by Dr Rudolf Steiner, who established biodynamic agriculture.

Brokers sour on Treasury Wine Estate outlook

Treasury Wine Estate’s announcement last week that it had made significant changes to its supply-chain network in the US and Australia and further opportunities had been identified to help in cutting overhead costs has failed to rejuvenate confidence, judging by analyst’s commentary. Both Citi and Deutsche Bank have sell recommendations on the stock with the former setting its 12-month price target at $4.90. Deutsche Bank is particularly bearish on the company with its price target of $4.00, some 25 per cent shy of the company’s current trading range.

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