French wine production from the 2008 grape harvest is likely to equal 2007 levels, national wine agency Viniflhor has forecast.
The prediction, released by Viniflhor yesterday (30 July), would see wine production this year remain at around 46m hectolitres (hl).
That figure is significantly less than years of major oversupply in 2004 and 2005, which saw production rise above 50m hl.
For the first time in several years, France has not set aside any "crisis money" this year for excess wine that cannot be sold, Viniflhor director Georges-Pierre Malpel told journalists at May's London International Wine Fair.
Sectors: Wine
