InDaily

Tag: red wine glut

  • Finlaysons Wine Roadshow 32 – Plan(t)ing your Future

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    Reading the news in the last couple of years, you might think that all is lost for Australian wineries. That is despite the lifting of the China tariffs. There is a massive over-supply of red grapes to deal with and the world is drinking less wine. However, Finlaysons, an Adelaide-based a law firm with a…

  • Funding to help Riverland growers diversify amid red wine glut

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    A $260,000 support package will assist Riverland grape growers address the oversupply of red wine grapes, which has seen some viticulturists leave their crops to rot on the vine. Announced today, the funding will be used by the Riverland’s CCW Co-Operative – Australia’s largest member-owned wine grape co-operative. The co-op will use the grant to…

  • Industry giant offers up ‘solution’ to Riverland red wine glut

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    Accolade Wines has put a voluntary buyout package to CCW Co-operative Limited grape growers as part of its “solution” to the red wine glut being faced by farmers in the Riverland wine region. According to its website, CCW is Australia’s largest member-owned wine grape co-operative with approximately 530 grower members who produce approximately 200,000 tonnes…

  • Red wine takes back seat to chardonnay comeback

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    As grape harvest kicks off across the state, Wine Australia export figures released this week show the white grape wine’s export figure surged by 11 per cent to 163 million litres last year. The once most sought-after shiraz dropped to second spot with 152 million litres and cabernet sauvignon third at 85 million litres, as…