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ALSO SPONSORED BY:
Wine Industry Insight |
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In an example of how the wine and grape market is reacting to the current economic climate, two experienced California winemakers have announced the formation of a new venture, Winecraft, to assist growers who are considering making wine to sell in bulk and wineries doing custom crush. Wineries have been limiting their grape purchases this year to the extent that some growers without contracts — and even others with contracts that won’t be honored — may be unable to sell all of their grapes.