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“Clearly we have uncovered the holy grail of central banking. All the Fed needs to do is raise per capita beer and spirit consumption and our low inflation problem will be solved.” (Wine consumption weakens the relationship.) Source: A New Monetary Policy Target: Per Capita Alcohol Consumption
U.S. exports of bulk wine, though still fairly small, have expanded from 50 million liters to 175 million liters since 2003. Bulk wine exports now account for more than 40 percent of total U.S. wine shipments. Changing trade barriers, lower taxes and simplification of import regulations are expected to improve sales opportunities. Source: USDA, Foreign […]
Although the EU and South America have historically dominated exports of bulk wine, Australia and South Africa have greatly expanded their exports. As a result, their combined market share now accounts for 40 percent, up from only 22 percent a decade earlier. South Africa’s weaker currency has given the country a comparative advantage.Australian exporters are […]
Read the entire article from The Atlantic
From Impact, Courtesy of Steve Raye. See this link (Distributor Consolidation Continues)for the whole top 10.
The average Greenlander enjoys more wine than the average American.
U.S. consumer sentiment down in May, wages a concern
From: A Case Study: Australian Wine industry – Can it maintain momentum? Click image to enlarge.
Full article at VinePair Click image to enlarge.