After the harvest: Vineyard values still in the doldrums
Small and medium-sized wine grape growers face the prospect of another bleak post-harvest selling season with vineyard values still in the doldrums. Between the end of the harvest and the pruning of the vines is when many growers weigh up whether to go round another year or sell out. While the lower dollar has helped big wine companies like Treasury Wine Estates report bumper profits, the price of wine grapes has remained flat, putting a damper on vineyard values.