AUSTRALIA: Australian Bureau predicts no grape glut
The Australian Bureau of Agriculture and Resource Economics (ABARE) is playing down the threat of a red wine grape glut in the country, according to The Herald and Weekly Times. A surge in production, the Bureau says, will be absorbed by a demand from wineries. However, many industry analysts are reported to still be concerned and fear that red grape growers could be hit hard. Figures from ABARE show that wine grape production is set to jump nearly 30% in the next three years to reach 1.47m tonnes by 2002-2003.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Diageo chief admits "tougher than expected" year
- Focus - Diageo's FY Performance by Region, Brand
- just The Preview - Diageo's FY preliminaries
- Will Diageo seize the day as "nadir" reached?
- Molson Coors CEO exit - Mega-Merger on hold?
- ASA bans Jägermeister TV ad
- Belvédère chairman to step down
- Diageo boosts exec committee
- Diageo silent over Shuijingfang writedown report
- Remy Cointreau names liqueurs & spirits CEO