FRANCE: Champagne harvest set to plummet as poor weather takes hold
The Champenois will be hoping a small harvest this year will drive up retail prices next year
This year's Champagne harvest will be among the smallest seen in the past 20 years and down 30% on 2011, according to the Comité Interprofessionnel du Vin de Champagne (CIVC).
Poor weather conditions in the Champagne region are to blame, the trade body said earlier today (5 September). Frosts in April and May destroyed 2,900 hectares of vines, while storms and hailstones in June and July ravaged a further 1,000 hectares.
In addition, the flowering period of the vines was marked by cold and wet conditions which limited the growth of grape bunches.
However, the CIVC noted that the dry and sunny weather which has prevailed since the beginning of August has "favoured the maturity of grapes in excellent conditions," making a very good quality harvest possible.
- Are we about to see a no-alcohol Heineken?
- American whiskey does a vodka - Analysis
- A-B InBev's Global Presence - just The Facts
- Battle continues for Pernod Ricard in US and China
- Concha y Toro's H1 performance - Focus
- Craft more about stories than M&A for Diageo
- Diageo readies "not quite as sincere" Scotch
- The Glenlivet leapfrogs Glenfiddich
- Heineken integrates cider and beer
- “New normal” sees Pernod target premium in China
- Future growth opportunities for global spirits
- Global gin insights - market data, product innovation and consumer trends research
- Pernod Ricard SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report
- Global rum insights - market forecasts, product innovation and consumer trends research
- Brown-Forman Corporation (BFB) - Financial and Strategic SWOT Analysis Review