Listen now: Ciatti's Glenn Proctor speaks to Liquid Assets Glenn Proctor, partner at the Ciatti Company, was a guest on Rabobank’s latest Liquid Assets podcast – titled “Will the US wine industry ever recover from the current glut?” – discussing the current and future state of the Californian wine industry with Jeff Bitter of Allied Grape Growers and podcast hosts Stephen Rannekleiv and Bourcard Nesin. Listen Now Glenn set out bulk-wine inventory levels as of the month of March 2026 and the 12 months to March (“it has been extremely high as to where we would usually sit”), delved down into bulk inventory by vintage year (“inventory isn’t going down but some of it is getting older, making it less marketable as you go into the future”), and outlined the tough realities of the current marketplace: “One of the biggest challenges we have: Those who’d be a buyer in a normal market are currently a seller, they’ve got grapes or bulk wine to sell.” With Jeff, Glenn discussed the recently-publi

Listen now: Ciatti's Glenn Proctor speaks to Liquid Assets Glenn Proctor, partner at the Ciatti Company, was a guest on Rabobank’s latest Liquid Assets podcast, discussing the problem of wine oversupply with Jeff Bitter of Allied Grape Growers and podcast hosts Stephen Rannekleiv and Bourcard Nesin. “I’ve been in the business since the late 80s, and it’s definitely the worst I’ve experienced in terms of the imbalance and where the industry feels,” said Proctor. “What we’ve experienced over the last three years is, with the declining sales, we are adjusting inventory around that to try to get back to a balanced situation.” Proctor gave the latest figure in gallons for bulk inventory listed for sale with Ciatti, how it compares with previous years, where the inventory is located and at what pricing, and discusses the wine industry’s situation more broadly. You can listen to all 49 minutes of the Liquid Assets episode absolut