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News posted on Wednesday, 25 October 2017

The 'world's best' Pinot Noir
In his 19th vintage, Anderson won the Pinot Noir Trophy 2017 at the International Wine and Spirit Competition. Dubbed as "the Oscars of wine" by Anderson, it came as shock for the 48-year old who will accept the trophy in London next month. Source, Stuff.

Prosecco goes to parliament
Australian Prosecco producers yesterday met with federal politicians to brief them on the outstanding prospects for domestic and international market growth. Producers are concerned about the impact this will have on brand building, marketing and exports of their Prosecco wines. Source, Winetitles.

Collaboration to deliver trade exhibition
Today, the Australian Wine Industry Technical Conference Inc., Fair Events and the Wine Industry Suppliers Australia Inc. announced a new collaboration to deliver the Australian Wine Industry Trade Exhibition. Source, Winetitles.

Are your contracts up to date?
With 2018 vintage just around the corner, the release of the 2017 Australian Wine Industry Code of Conduct (the Code) Annual Report is a timely reminder of the need for winemakers and grape growers to ensure their contracts are up to date. Source, Winetitles.

AVL's Chinese export deal
ASX-listed Australian Vintage (AVL) has responded to China’s burgeoning impact on Australian wine by making a placement worth $A16.5 million of 15 per cent of AVL’s existing capital (35,959,389 shares) to Vintage China Fund. Source, The Herald.

Victorian farm exports hit record high
Victorian farmers grew a record $12.8 billion worth of exports last financial year. Horticulture exports were down but wine exports increased 16 per cent, a $39 million increase, with red wine accounting for three quarters of the sales. Source, The Weekly Times.

The wineries damaged by California fires
Here’s a partial list of the wineries damaged or destroyed by the deadly fires that ravaged northern California earlier this month. The situation is fluid and the list will undoubtedly change as properties are assessed. Source, The OC Register.

California fire damage: how to help
The drinks business has put together a list of fundraising efforts currently in place to support the people and wineries affected by the recent wildfires that have killed a total of 41 people. Source, The Drinks Business.

Global wine production 50 year low slump
If you haven’t got a wine cellar, it’s time to get one and start stockpiling – because global wine production is to fall to its lowest level in more than 50 years. On Tuesday the International Organisation of Vine and Wine (OIV) said it expected an 8% decrease in global wine production to 247m hectolitres for 2017. Source, The Guardian.

Somms are obsessed with this cult wine
A smattering of under-the-radar, late-1990s Cabernet Sauvignons from the Sierra Foothills have started appearing on top wine lists in the past several months. The 1997 vintage of Taken from Granite, is the California label in question. Source, VinePair.

NZ Women in wine event a sell out
A sell out first ever Women in Wine New Zealand event has proved how keen industry personnel are for such an initiative. Held the night before the Bragato Conference, close to 170 men and women turned up to to hear from female guest speakers. Source, Rural News Group.

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WID 2017