This is so stupid, wine doesn't go bad. Just make more vintages and sell them when demand returns. Write it off as a long-term investment.
Uprooting decades-old grapevines because of momentary fluctuations in the market is fucking stupid.
This is so stupid, wine doesn't go bad. Just make more vintages and sell them when demand returns. Write it off as a long-term investment.
Uprooting decades-old grapevines because of momentary fluctuations in the market is fucking stupid.
You'd think this would mean wine would get cheaper or something, but actually it means that several thousands of bushels of grapes are going to rot, because capitalism demands profit over common sense
Tariffs have reduced exports, particularly to Canada, which was the largest foreign buyer of American wine.
Uh sure, it was the tariffs, and not the widespread Canadian boycott of American alcohol.
Wasn’t the boycott because of the tariffs?
That was one factor. It is more about the general hostility and aggression the US has shown toward Canada.
Also because the US Government is trying to destroy our country by any means. They still threaten to annex Canada, call our Prime Minister "Governor", claim Canada isn't a real country, interfere with our politics and elections, support Alberta and Quebec separatists, and do their best to crush our economy. Then they whine that we're being mean to them. It doesn't make us very inclined to send our money to the USA, especially when we can just buy Canadian wine instead.
The boycott was because of a threat to annex Canada, repeatedly by the US Ambassador Hoeskra, who is an even bigger asshole than Trump, if that were even possible.
I picked up a bag of grapes in the store on the weekend. Product of the USA, nope. We avoid USA products as much as possible. Sorry to the good Americans.
Nah, you're fine. Most American farmers voted for Trump anyway.
No need to apologize. The whole American farming industry needs a redo anyway.
But USA does not need Canada! It's just money! US doesn't care about money!
Then why is everything still $40/bottle? This is some bs “nobody wants to work anymore” logic. I stopped drinking California wine because the prices kept going up but my wages haven’t.
It's like rent, they can't drop the price because the price is only ever supposed to go up. They would rather pour it down the drain or sell it to trader joes without a label than sell it for a lower price.
As a producer, you have to cover your costs and still try to make a profit.
In California they have maaaaaaaaaaaaaaassive tax breaks (i.e. negative land taxes) and subsidized/free water. The labor is all oppressed undocumented workers below minimum wage. How are European producers able to hit $5/bottle at the same quality level?
It’s just greed and “brand reputation management” that keeps prices high in California.
I used to accidentally buy some California wine every now and then when not paying attention and grabbing a selection, it was never that good.
Since trump 2.0 now i check everything to make sure it's not American. This isn't really surprising news
Same! Since about the beginning of the year I always get European wines and Irish whiskey.
California produces some of the best wines in the world. California also produces some of the worst wines in the world.
Both things can be true. California is a big place.
A lot of the regions in California have become stupid expensive, like Napa and Sonoma. Anything decent out of Napa is in the $30-$50 range. The average bottle price is somewhere around $75.
And the entry-level stuff from Europe is better than the entry-level stuff from California. If I had to choose between a $15 Cabernet from California and a $15 Bordeaux, I'm choosing the Bordeaux. You'll also get a better price/quality ratio out of South America. Chile and Argentina make some good wines.
I really like wine and for the life of me I can't find a single California wine that is worth the price point when compared to Europe. Not to mention there's so much overmarketed slop wine that does every dirty trick in the book to make it taste disgustingly sweet or over-oaked. I very rarely have had a bad European wine for $50 and I can say that about half of the California wines in that range were worse than 25$ European counterparts. Maybe some of the $500+ bottles really are great in comparison to some of the Grand Crus out of Burgundy, but I haven't found anything in a reasonable price range that was worth it. And like you said, other regions in the world punch enormously above their price range that I basically don't buy anything from the Napa area of California as a matter of course. There are a few less popular regions in Cali that make great wine, but they are still too expensive for what they are.
Damn, I'm french and good wine here is in the 20-30€ a bottle for some saint Joseph or Croze hermitage. Life is good here
Well, the usual "free market"bullshit would dictate that the price drops until it finds enough demand again. But thanks to whatever bull shit system we currently have the price stays the same and they just write off everything that doesn't sell and they throw it away.
We're in the MBA Free Market now, where prices never go down ever.
And it's hilarious because they basically destroy their own market completely by doing that. People's habits will change if you are gouging them, especially in a recession.
Canada's also not buying as much California wine due to Trump's trade war and general insulting manner.
Grapes are almost $9 a pound. These motherfuckers are out of their mind. A bag of grapes is $15 fucking dollars
Table grapes and wine grapes are not the same thing.
It’s pretty tough in Australia for wineries too however, you still can find good wine fairly cheap. That’s good because it’s pretty tough for everyone at the moment with inflation being driven by Trump closing the Straight of Hormuz.
I like Bota Breeze for lower alcohol and cost efficient, something easy to enjoy with healthy home cooked food! Less or no alcohol is good trend to see for our health.
Wait until "it" happens and wine sales will go through the roof!
Seems like a good time to start making a fuck tun (~million butt loads) of brandy and dump excess inventory into that.
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