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Turrentine Market Update, June 2024
It's Getting Late Early By Steve Fredricks As Sir Isaac Newton proved in physics, every action has an equal and opposite reaction. While the forces driving supply and demand in the wine industry differ from those in physics, the market actions and responses often reflect the same principle. The current cycle of excess is being met with industry efforts to restore balance. There are numerous financial, environmental, and emotional barriers to adapt and evolve in response to excess. Despite these barriers, actions are being taken to reduce supply in the long-term by the removal of vineyards in all regions with more removals expected through 2025. Many buyers remain hesitant, which has led grape and bulk wine sellers to feel an increasing sense of urgency. This hesitancy from buyers, though understandable, can have unintended consequences. For example, some growers need contract assurances to continue investing in the farming practices necessary to produce the quality of grapes
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Today's wine business news for wine industry professionals...

High-Profile Napa Valley Winemaker Arrested for Illegal Gun and Drug Possession: A member of the family that runs wine brand Sutter Home was arrested on suspicion of three felony gun violations and a misdemeanor drug offense, the San Francisco Chronicle reports...

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Newton Vineyard is proud to celebrate the 30th anniversary of its hallmark wine, “The Puzzle.” A flagship for Newton since 1992, The Puzzle puts the pieces together to form a picture that blends different terroirs and the five classic Bordeaux grape varieties into a singular mountain wine...

St. Helena, Napa Valley, Nov. 15, 2022 Newton Vineyard is proud to celebrate the 30thanniversary of itshallmark wine, The Puzzle. A flagship for Newton since 1992, The Puzzle puts []

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Today's wine business news for wine industry professionals...

Liquor Raids Lead to Scores of Arrests: Liquor authorities in North Carolina carried out a series of raids that have raised concerns among retailers…

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Today's wine business news for wine industry professionals...

Wine Tasting in Sonoma Costs 44% More Than Before Pandemic, New Data Shows: Sonoma County wine tasting fees have risen 44% since the start of the pandemic, according to a new report. The largest price jump has occurred in Healdsburg: a 74% increase, with a new average fee of $33...

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Newton Vineyard now welcomes guests for luxurious, by-appointment wine tasting experiences at its new tasting room located at The Winery at Brasswood, 1171 Tubbs Lane in Calistoga...

Calistoga, Napa Valley, July 28, 2022—Newton Vineyard now welcomes guests for luxurious, by-appointment wine tasting experiences at its new tasting room located at The Winery at Brasswood, 1171 Tubbs Lane […]

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Today's wine business news for wine industry professionals...

Growing Forward Recap: Preparing for the Risk Factors of Smoke & Fire Exposure: On July 27, 2022, Wine Industry Network hosted its most recent Growing Forward webinar, this time focusing on wildfire smoke in the vineyards — and its effect on the resulting wines. It’s a hard topic to accept and address, but one that becomes integral to the industry’s forward progress...

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Newton Vineyard now welcomes guests for luxurious, by-appointment wine tasting experiences at its new tasting room located at The Winery at Brasswood, 1171 Tubbs Lane in Calistoga...

Calistoga, Napa Valley, July 28, 2022—Newton Vineyard now welcomes guests for luxurious, by-appointment wine tasting experiences at its new tasting room located at The Winery at Brasswood, 1171 Tubbs Lane […]

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