It seems we are officially in the too much supply side of the wine grape supply-and-demand cycle. This will lead to cuts in grape prices for some vineyards. And with the excess juice already in the market place this should mean you'll find some good wines at good prices, mostly from negociants (people who buy grapes, juice, or even finished wine and sell it under another label). While this is good news for consumers it's bad news for the people growing wine grapes.
What grape growers are facing from the Press Democrat.
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