Wine Prices Are Nothing to Whine About

High quality bottles at low prices are hot sellers


Wine drinkers will continue to see high quality bottles at low prices following a 23 percent spike in California's winegrape harvest last year, according to analysts.

The California Department of Food and Agriculture's preliminary grape crush report shows the state produced 3.69 million tons of wine grapes in 2009. That's just shy of the record 2005 crush of 3.76 million tons.

Jon Fredrikson, a wine industry consultant, says many growers decided to increase production in 2009 in the face of growing competition from low-priced foreign growers. Favorable weather also played a role.

Brian Clements, a Novato wine and grape broker, says the 2009 crop will allow wine makers to produce more of the lower-priced wines that have become hot sellers during the economic downturn.

Copyright AP - Associated Press
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