MAY 18, 2021| CLAY POPKO, REGIONAL BANKING EXECUTIVE AND DEANNA MARTIN, VICE PRESIDENT OF LENDING, VINEYARD AND WINERY GROUP The coronavirus (COVID-19) outbreak in the United States has had a significant impact on agriculture. From growers, processors, and handlers all the way to consumers in the grocery store, each step in the agricultural production process has been tested over the past year. Few sectors have been as significantly impacted as the wine industry, which has experienced severe disruptions due to restaurant, bar, and tasting room closures following a historic season of wildfires in the Western U.S. that interfered with the fall harvest. Revenue from agritourism also declined in 2020 as travelers stayed home. Analysis from Wines and Vines, and others, would indicate that total wine sales, in dollar terms, declined modestly while total volume sold increased slightly from a year ago. Moreover, in March the USDA reported a nearly 14 percent decline in the volume of grapes cru

The Complex Science of Assessing California’s Fire-Damaged Vines: Bracing for another fire season, Napa and Sonoma viticulturists decide whether to replant or revitalize many vineyards that burned in 2020... The post Afternoon Brief, April 26th appeared first on Wine Industry Advisor. Url:https://wineindustryadvisor.com/2021/04/26/afternoon-brief-1851?utm_source=rss&utm_medium=rss&utm_campaign=afternoon-brief-1851 Published Date:Mon, 26 Apr 2021 21:59:30 +0000 

February 10th – Novato, CA – The California Department of Food and Agriculture’s Preliminary Grape Crush Report for  2020 has been released. It is a summary for the supply of the wine and grape industry, containing tons  crushed and prices of wine grapes sold during the 2020 harvest. The Crush Report provides growers and  wineries insight into the inventory position for the California wine business as a whole, and influences  market dynamics for the current bulk wine market as well as the upcoming 2021 harvest. Key Insights by Region     Tons   Crushed   2020  Tons   Crushed   2019  Net   Gain/Loss  Equivalent   Gallons  % Chg  2020 %Δ  to 5Y Avg  North Coast  362,527  524,942  (162,415)  (26,798,000)  -31%  -29%  Central Coast  400,779  480,478  (79,699)  (13,150,000)