FRANCE: Wine co-ops seek minimum price deal
France's wine co-operatives are seeking to negotiate a deal with brokers and traders guaranteeing a minimum price paid to producers.
The move comes amid fears this year's abundant harvest - up 23% on 2003 - combined the level of existing stocks and poor export volumes, will result in sharp downward pressures on prices.
Denis Verdier, president of the Vignerons Cooperateurs de France (VCF), which represents 110,000 wine growers, said he was confident a deal could be struck as it was in the best interests of the sector to do so.
The VCF is looking to obtain a minimum price of 45 euro centimes for a litre of table wine in Languedoc-Roussillon, a region where most of the co-ops are located, rising to 49 centimes/litre for vin de pays.
For AOCs, it recommends the price paid to growers be superior to that for vin de pays.
In this month's Just the Answer, Christian Delpeuch, president of the CIVB (Conseil Interprofessionnel du Vin de Bordeaux), discusses how Bordeaux is tackling over-production and innovating to compete...
French farmers have always been a militant group but the grave difficulties facing wine producers have prompted an escalation in the level of disruption and violence which demonstrating growers have b...
French wine producers and traders are for once showing a united front in urging the Government to back a project creating a new appellation of wine: "Vin de Pays de France."...
North Lake Wines, part of Constellation Wines US, and the French wine company Baron Philippe de Rothschild SA have announced the appointment of North Lake Wines as the exclusive importer of Mouton Cad...
- Analysis - SABMiller to add bolt-ons in Africa?
- A-B InBev's Move on Tennent's Super Makes Sense
- India: Everyone's Favourite Spirits Market
- Brand Diversification Driving Craft Brewery Growth
- Analysis - Stock Spirits: Poland's number one
- Diageo scraps Arthur's Day, but singer left sad
- Pernod Ricard's Café de Paris Pear, Pomegranate
- PepsiCo CEO sees "profound" change in US consumers
- William Grant sinks GBP185,000 into "No" camp
- SodaStream silent on John Lewis pullout in UK