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News posted on Friday, 15 May 2015

Grapegrowers harvesting on average eight days earlier each decade
Researchers from the Australian Wine Research Institute are warning grape growers they must adapt to warmer and drier conditions leading to earlier harvests. The institute reported wine grape harvests had on average become eight days earlier every decade since the 1980s due to warmer weather. Dr Paul Petrie, viticulture scientist, said there were things growers could do now to delay harvest and make sure grapes were not being picked in hot weather.

Volume declines of Southern hemisphere harvest pushes up demand for bulk wines
Smaller harvest in the Southern hemisphere are set to boost demand for bulk wine, the latest report from Ciatti has said. Volume estimates for the harvest across the Southern hemisphere are expected to be down on last year, the update said, with Argentine and New Zealand set to see the biggest declines. The Australian harvest is broadly in line with last year, but the average price for bulk wine has decreased however, down 4.7 per cent, largely on the back of increased demand at the lower level.

McGuigan Wines moves into fourth position in the UK by volume
The maker of Australia’s number one selling bottled red wine, McGuigan Wines, has reached number four global wine brand by volume in the United Kingdom. Figures released last month by Nielsen demonstrate a +22% YTD volume growth for McGuigan in the UK (week ending 28 March 2015), making it one of the fastest growing brands in the past twelve months and the second most popular Australian brand in the UK. McGuigan Wines’ strong performance comes on the back of an improved half year profit of AUD$4.4million for parent company Australian Vintage Limited (AVL).

Australian wines take home big haul from vino comp
Australia finished second behind France in the recent 2015 International Wine Challenge (IWC) medal count, taking home more than 800 medals and earning glowing praise from the event’s co-chair, Charles Metcalfe. “Australian wine continues to go from strength to strength, as its native winemakers demonstrate their star quality,” Metcalfe told Australia’s Food Magazine. “Australian Shiraz has impressed yet again, and Aussie Chardonnay really has come a long way.”

Glaetzer versus Glaetzer
One successful winemaker in the family is usually plenty, but this Australian clan doesn't do things by half. Since the day he was born, Ben Glaetzer has been surrounded by vineyards, and immersed in a family tradition of making wine. There was no question he would follow suit. After all, it was in his genes. Fast-forward 38 years and the Barossa Valley winemaker is the successful name behind the lauded Amon-Ra Shiraz, and the designer behind its striking hieroglyphic label. He co-owns and runs the family business, Glaetzer Wine, which his father Colin created in 1995.

Public talk to explore the clever use of science in wine
Chemistry and physics experts will be visiting Masterton to talk about innovative scientific developments as part of the Victoria University of Wellington 2015 Public Lecture Series. Dr Nicola Gaston will be joined by Dr Rob Keyzers, also a senior lecturer in the School of Chemical and Physical Sciences, who will discuss how chemistry could help New Zealand’s wine industry. Dr Keyzers will describe how the clever use of chemistry can help control the sensory properties of wine, help to unlock new and lucrative markets and, ultimately, enhance sales.

Capital Markets: Crowding in on the honeymoon
The business of raising capital and borrowing money through the 'crowd in the cloud' is off to a flying start, but the real test will be how the new industry handles its first failures. The most noise and activity on the equity side is coming from Snowball Effect, which has hosted five successful capital raisings on its equity crowdfunding platform since it launched in August last year. The enthusiasm and the party mood extends to two of Snowball Effect's most high-profile capital raising companies, both of which sell the ingredients for a celebration- beer and wine.

Young Chinese wine drinkers driving 'fundamental' change
A power shift in China’s imported wine market has seen a switch from traditional, high-end wine connoisseurs to younger and more casual drinkers, says a new study. According to Wine Intelligence’s China Portraits 2015 report, a brand new wine consumer segment has emerged since its last study in 2012: Developing Drinkers, typically younger and less involved consumers who tend to buy wine at mainstream or entry-level prices. These people are more likely to be graduates, working in high-earning professions and in their late 20s or early 30s.

Where would you put 32 billion bottles of wine?
Imagine the entire island of Manhattan flooded in wine a foot deep. That's how much vino the world will drink in 2018, according to a new study. Vinexpo, the international wine and spirits exhibition held in Bordeaux biennially, commissioned the report to examine how the global wine market has changed since 2009 and where it's going next. Apparently, more wine is next. From 2009 to 2013, global wine consumption increased by 2.7 per cent, from 2.58 billion cases worth to 2.64 billion.

California wine exports to Canada set records
US wine exports to Canada — roughly 90 per cent of them from California — topped $1 billion in retail sales for the first time last year, making our northern neighbour the biggest single customer for American wine. US vintners, the vast majority of them in the Golden State, sold a record 6.1 million cases, according to the San Francisco-based Wine Institute, which represents about 1,000 California wineries and affiliated businesses. Over the last five years, U.S. wine sales in Canada have jumped 78 per cent, compared to just 16 percent growth for the overall Canadian wine market, according to Canadian data.

California Drought: Opportunity, not problem for wine industry?
OPINION: Another year, another drought in California. Having recently returned from the state, however, Chris Losh suggests that what looks like a dire situation for the wine industry could actually present an opportunity to those keen on tending vines. The good folk of Los Angeles like their lawns. So, when you see the city's hallowed turf being dug up and replaced by artificial grass, then you know something is badly wrong. California is in the middle of a prolonged drought and, with Governor Jerry Brown ordering a 25 per cent cut-back on domestic water use over the coming year, lawns are having to go.

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