{"id":33773,"date":"2018-04-26T18:15:46","date_gmt":"2018-04-26T23:15:46","guid":{"rendered":"http:\/\/olduvai.ca\/?p=33773"},"modified":"2018-04-26T18:15:46","modified_gmt":"2018-04-26T23:15:46","slug":"worldwide-wine-output-collapses-to-60-year-low-sparks-fears-of-major-shortage","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=33773","title":{"rendered":"Worldwide Wine Output Collapses To 60-Year Low, Sparks Fears Of Major Shortage"},"content":{"rendered":"
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Worldwide Wine Output Collapses To 60-Year Low, Sparks Fears Of Major Shortage<\/a><\/span><\/h3>\n<\/div>\n
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The Director-General of the International Organization of Vine and Wine (OIV), Jean-Marie Aurand, presented\u00a0breathtaking information<\/a>\u00a0on the collapse of global wine production, assessment of the worldwide harvest, and the state of the overall wine industry at the organization\u2019s\u00a0headquarters in Paris on Wednesday.<\/p>\n

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During the presentation, Aurand warned that global wine production collapsed in 2017, with a contraction of 8.6 percent compared with 2016 figures. In fact, global wine output dropped to its\u00a0lowest levels since 1957<\/a>, primarily due to poor weather conditions in the Eurozone which slashed production across the entire bloc.<\/p>\n

For instance, French winemakers were hit with the worst frost in 25-years, during the 2017 growing season. Vinters reported \u201cwidespread damage in Bordeaux, Burgundy, and Champagne, with some losing their entire 2017 crop,\u201d said\u00a0Wine Spectator<\/a>.<\/p>\n

\u201cWe can already estimate that we have lost nearly half of the potential crop,\u201d said Xavier Coumau, president of Bordeaux\u2019s\u00a0Syndicate of Wine and Spirits Courtiers.<\/p><\/blockquote>\n

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Vineyards in Champagne have been hit hard by frost in 2017. (Source:\u00a0John Hodder \u2013 Collection CIVC)<\/em><\/p>\n

The OIV released a\u00a0press release<\/a>\u00a0detailing the global state of conditions report: developments and trends. The report notes the \u201chistorically low production, buoyant consumption and continuing internationalization of trade.\u201d Wine production totaled 250 million hectoliters in 2017, down 8.6 percent from 2016. All major European wine producers saw tremendous crop losses due to poor weather conditions, which contributed to the collapse of -14.6% of wine production compared with 2016.<\/p>\n

Here is the summary of the report:\u00a0<\/strong><\/p>\n