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Prices and Tonnage Drop like a Rock
Napa Grape Prices Down 20 Percent Napa Cabernet Tonnage Down 42 Percent February 11, 2021
In its preliminary crush report released yesterday, the California Agricultural Statistics Service (CASS) said 3.4 million tons of wine grapes were crushed in 2020, down 13 percent compared to 2019 when roughly 3.9 Million tons were crushed.
Red wine varieties accounted for 1,813,964 tons, down 15.9 percent from 2019 and white varieties totaled 1,590,335 tons, down 9.8 percent. The 2020 average price of all varieties was $674.72, down 16.8 percent. Average prices for red wine grapes were $791.33, down 22.4 percent and for white wine grapes were $554.74, down 5.9 percent from 2019.
The overall number, 3.4 million tons, was right in line with industry expectations. “It’s not surprising to see the total number because it’s exactly what the people who look at this all year long thought it would be,” Allied Grapegrowers President Jeff
A âbottle of wineâ contains 750 milliliters of liquid, about 25 ounces. And if you picked up a wine bottle in a store and the label said it had only 700ml inside, you might think you were getting ripped off.
But consumers need not fret. The 700ml bottle isnât a legally permitted size. And that may not change for quite a while. But some new sizes may soon begin appearing on store shelves. The federal government has just announced that it is permitting wine in cans to be sold in sizes that previously werenât permitted.
That was the intent of the Treasury Dept.âs Tax and Trade Bureau (TTB) when it made its ruling. It came about because wine in cans has is now a serious category. To respond to this development, new legal sizes seemed appropriate.
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