Is There A Coming Burgundy Apocalypse?

June 28, 2016

For years, vintages of Burgundy have been smaller and smaller, while prices have gone up and up. Rain, floods, and hailstorms have decimated vineyards since 2010, especially in the Côte de Beaune (the southern part of the famous limestone strip that’s home to the most famous vineyards). Growers invested in weird anti-hail devices, but, alas, they haven’t worked. Regional businesses are facing a crisis of how to survive.

The chardonnay grape harvest was down 30 percent in 2013, pinot noir as much as 50 percent. In 2014, which had some of the worst weather in recent memory, some winemakers lost 90 percent of their crop; 2016 is already looking to be worse, weatherwise. This means the remaining grapes are much more expensive, and businesses that depend on making wines from them will be forced to pay a premium they increasingly can’t afford.

“Growers essentially say, pay what we ask, or we’ll sell to someone else,” says Blair Pethel, one of the growing number of "micro-negociants"— small domaines who buy grapes from growers to turn into wine rather than owning their own vines. Grapes to make his 300 bottles of 2009 grand cru Charmes-Chambertin cost $8,800; the price for the same amount in 2015 was about $25,000. He didn’t buy.

Continue reading: Bloomberg





Also in News

New Names for Haut-Bailly
New Names for Haut-Bailly

March 20, 2019

Chateau Haut-Bailly, the Bordeaux producer of fine wine in Pessac-Leognan, is changing up their second and third wines. 

Continue Reading

2016 Bordeaux: Reevaluating in the Bottle
2016 Bordeaux: Reevaluating in the Bottle

March 18, 2019

The 2016 Bordeaux vintage received stellar scores when tasted en primeur. Now, the in bottle tasting reviews are coming in with quite a few perfect scores, and Liv-ex has been tallying them and analyzing prices to see if a) the scores are holding up and b) if the relative value is in the consumer’s favor.

Continue Reading

Burgundy Leads Sales
Burgundy Leads Sales

March 15, 2019

Sotheby’s, one of the leaders in selling fine wine, has relayed that their sales went from 64 million in 2017 to over 100 million in 2018. The leading sales were in Burgundy, with sales of Domaine Romanée-Conti fetching record heights.

Continue Reading