Preview of Wine Grape Crush Report from Turrentine & Ciatti

NEWS RELEASE – Turrentine Brokerage

WHAT: The California Department of Food and Agriculture’s Preliminary Grape Crush Report for 2022 is a barometer for the wine and grape industry, containing prices and tons of wine grapes crushed during the 2022 harvest. The Crush Report provides growers and wineries insight into the inventory position for the California wine business as a whole, and influences market dynamics for the current bulk wine market as well as the upcoming 2023 harvest.

 

WHEN: CDFA is scheduled to release the Crush Report at noon on Friday, February 10, 2023.

 

ANALYSIS: The 2022 harvest, in general, was down from last year, and in many cases likely to be down from a five-year average. A smaller 2022 crop has kept the grape market supply closer to balance, or shortage, depending on the variety and appellation. Additionally, it means the grape market is positioned similarly entering 2023; however, the outcome of price and demand will be determined by the continued consumer sales challenges that wineries are facing, the health of the economy, as well as early 2023 crop estimates.

 

During the growing season it was predicted to be an early start and end to this harvest, but the end-date was delayed for two reasons. First, heat waves in late-August and early-September shut down the vines’ ability to continue to ripen the crop during high temperatures in many cases. Secondly, the heat was followed by a significantly cooler period and rains.

 

WHO: With 50 years of wine industry experience, Turrentine Brokerage, California’s largest wine grape and bulk wine brokerage company, has a team dedicated to be trusted and strategic advisors to wineries, growers and financiers.

 

CONTACT: Turrentine Brokerage is available to provide comment and analysis on this report and its probable impact on growers, wineries and consumers.

 

Turrentine Brokerage will have its experienced team of grape and wine brokers and analysts available all-day Friday, February 10th, and throughout the week for comments and questions.

 

Steve Fredricks, President: (415) 847-0603; Bulk wine throughout CA and global import/export

 

Brian Clements, Vice President: (707) 495-8151; Grapes throughout California

 

Audra Cooper, Grape Broker/Partner: (805) 400-9930; Grapes from Monterey, San Luis Obispo and Santa Barbara Counties

 

Mike Needham, Grape Broker/Partner: (707) 849-4337; Grapes from the San Joaquin and Sacramento Valleys

 

Christian Klier, Grape Broker: (707) 867-8212; Grapes from the Napa, Sonoma, Mendocino and Lake Counties

 

Marc Cuneo, Bulk Wine Broker/Partner: (707) 217-1369; Bulk wine, domestic and international

 

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NEWS RELEASE – Ciatti Global Wine & Grape Brokers Comment

2022 CALIFORNIA GRAPE CRUSH REPORT

(February, 2023, Novato, CA) – The California Department of Food and Agriculture will release the Grape Crush Report for 2022 harvest on Friday, February 10, 2023 at noon.

 

The Ciatti Company will be supplying information regarding our interpretation and analysis of these results and will be available to provide comments and answer any of your questions following its release.

 

Contacts for remarks and insight:

 

California/International – Greg Livengood – 415/497-5032, greg@ciatti.com

 

North Coast – Glenn Proctor – 707/337-0609, glenn@ciatti.com

 

Central Valley – Johnny Leonardo – 415/717-4438, johnny@ciatti.com

 

Central Coast – Todd Azevedo – 415/265-6943, todd@ciatti.com

 

We will also be issuing a formal Press Release with further information and observations.

 

About CIATTI GLOBAL WINE & GRAPE BROKERS

 

The Ciatti Company is the world’s largest and most comprehensive bulk wine and grape brokerage. Aside from its home base in Novato, California, nine additional offices around the world provide clients the kind of information and intelligence that today’s competitive global wine industry demands. The company, founded in 1972, has deep roots in the wine industry, both in California and the countries in which the company operates. The current partnership includes industry professionals with many years of collective experience including: Todd Azevedo, Greg Livengood, Glenn Proctor, John White, Chris Welch and Steve Dorfman.

 

Contact: Ciatti Company, Molly Richardson, 201 Alameda Del Prado # 101, Novato, CA 94949
molly@ciatti.com Phone (415) 458 – 5150 Fax (415) 458-5160
http://www.ciatti.com