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News posted on Friday, 26 February 2016

Big week in agribusiness with wine, horticulture the standouts
AUSTRALIAN wine and horticulture businesses were the darlings of the agriculture industry this week, with several of the country’s largest companies posting record performances. Wine giant Treasury Wine Estates posted earnings growth from all its key regions. The winemaker, which produces brands including Penfolds, Wolf Blass, Lindemans and Seppelt, announced a net profit of $87.6 million for the first six months of 2015-16, up 39 per cent.

Music + Wine: The best tasting music
Music plays a huge role in many of our lives. The right song often has the power to change our mood almost instantaneously by arousing particular memories and emotions. So what should be playing in the winery tasting room? Emilie Reynolds reports.

RIVERLAND: Insult season gets underway
It normally goes like this… Act 1: Dreams of a ‘better year’ keep recurring and tensions build in November as growers count down the last few sprays before ‘indicative prices’ season. Act 2: In the second week of December, clusters of growers are invited to the ‘unveiling’, just prior to December 15. The messages vary ever so slightly from earlier years. “It’s a tough market out there; Yes the dollar is still 30¢ below parity and Yes you are correct, industry is in reasonable shape in terms of supply and demand…”

Iconic Wolf Blass wine turns 40
Wolf Blass Winery is celebrating four decades since the inception of its iconic Black Label – the only wine in history to win four prestigious Jimmy Watson trophies. This year marks the 40th vintage of the estate’s Black Label Cabernet Shiraz Malbec 2012, which won the Jimmy Watson Trophy for three consecutive years at the Royal Melbourne Wine Show.

Hunter Valley 2014 red wine is a vintage like no other
It’s hard to overstate the excitement over the 2014 Hunter Valley red wine vintage. I know, I know… We’ve heard it all before. It’s all marketing hype. Blah, blah. Cynical? Absolutely, but not without cause. Wineries all over the world will talk up their vintage – it’s their livelihood, after all. But the 2014 Hunter vintage is different… A thing of beauty… Stellar.

Delegat lifts first-half profit 5% on record wine sales
Delegat Group, New Zealand’s largest listed wine company, boosted first-half operating profit 5 percent as wine sales rose to a record. Profit excluding one-time movements in the value of its assets rose to $21.5 million in the six months ended Dec. 31, from $20.5 million in the year earlier period, the Auckland-based company said in a statement.

Alcohol available per person lowest in 18 years
The total volume of pure alcohol available for consumption, expressed in terms of the number of standard drinks per person, fell 4.1 percent in 2015, to the lowest level in the last 18 years, Statistics New Zealand said today. “New Zealanders aged 18 and over are now drinking on average the equivalent of two standard drinks per person per day, down from 2.1 in 2014,” international statistics senior manager Jason Attewell said. “This is the equivalent of 500ml of 5 percent alcohol beer, or two glasses of wine per person per day.”

How Millennials (Almost) Killed the Wine Cork
No one is completely sure who first came up with the idea for cork wine stoppers, though legend holds that it was the 17th-century monk Dom Pérignon. Perhaps he does deserve the credit; perhaps some other cellar master was the first to abandon convention and seal his glass wine bottles with cork stoppers over wooden plugs. Regardless of who created the wine cork, the invention would go on to become wildly successful: For the past 400 years, cork has been the preferred material for wine closures.

French wine regions to watch: Who’s on the rise?
Which French wine regions might see both wines and vineyards multiply in value in the next 50 years? Andrew Jefford peers into his vinous crystal ball and makes some educated guesses. Over dinner with the ‘father’ of Condrieu, Georges Vernay, we discussed the struggle he and his own father Francis had fought to save the appellation from oblivion, and with it, Viognier.

Oregon’s cool-weather grapes challenged by warming
Vineyards and wineries scramble to meet the challenges of climate change. PORTLAND — Average temperatures in various parts of the Pacific Northwest have risen 1.3 to 2.5 degrees since the mid-20th century, forcing changes in how vineyards and wineries operate, speakers at the annual Oregon Wine Symposium said.

Alibaba founder Jack Ma, buys Bordeaux Château de Sours
Jack Ma, China's second richest person and founder of multi-billion dollar online retailer Alibaba, has become the latest Chinese investor to buy a Bordeaux wine estate with Château de Sours. Alibaba founder Jack Ma has completed the purchase of Château de Sours in Bordeaux, prodcuer of red, white and rosé wines, Decanter.com can confirm. A price was not disclosed.

World Cooperage barrels: A Spice Rack of Flavour Options
Over the years, World Cooperage has become well known for its diverse, definable flavour profiles made possible by proprietary ‘Barrel Profiling” toasting technology. As barrel selection becomes increasingly precise, the World Cooperage barrel portfolio offers an opportunity to select or develop a unique match for every wine program.

Bayer


Flavourtech


New Holland


Braud


Kauri


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