While the world has cheered, cried, yelled, screamed and held its collective breathe during the 2014 FIFA World Cup, we at Ciatti have not been immune to the fever of this year’s play. The verbal rivalry between countries has been, well, somewhat less than reserved and in some cases downright bitter……but then again, the most ardent of them was from Canada.

The bulk market has been much the same.  Inventories are, in general, available from around the world, so the competitive spirit is alive and well on the brokering front to get as many people the wines they need from around the world.  Higher‐end wines have fared better during this time, while more commercial areas still have a ways to go in order to work through the 2012 and 2013 inventories that are currently in tank.  We feel that while inventories are firm, the good news is that we continue to consume wine at an increasing rate, in spite of the surge of craft beers and spirits.

So, while you are waiting for the final game between Germany and Argentina to begin, please take a look at some very good stats by country and a great Buyer's Corner that focuses on the expanding Asian market. Finally, while watching the game, remember the legendary English footballer's Gary Lineker's famous quote:

"Soccer is a game for 22 people that run around, play the ball, and one referee who makes a slew of mistakes, and in the end Germany always wins."

Full Global Market Update

July Export Market Pricing