Reuters | France – French wine production may fall 17 per cent this year to a record low after spring frosts damaged vineyards, notably in the Bordeaux region. As Sonia Legg reports, the farm ministry fears the region could lose half its output.
Tag Archives Wine — page 3
VIDEO: Climate change takes its toll on Chablis
China seen set to become world’s second-biggest wine market
Paris | Reuters — China is set to overtake Britain and France to become the world’s second-largest wine consumer by value behind the U.S. by 2020 as consumers turn to more middle-range wines, the International Wine and Spirit Research (IWSR) organization said Thursday. In a study for wine fair Vinexpo it forecast Chinese wine consumption
B.C. to defend wine industry against U.S. trade action
Vancouver | Reuters — The British Columbia government said Wednesday it would defend its wine industry against a trade challenge from the U.S., and was confident it was not breaking any international trade rules. Earlier Wednesday, the U.S. said it started action against Canada at the World Trade Organization, accusing B.C. of discriminating against U.S.
World wine output seen at four-year low
Paris | Reuters –– Worldwide wine production is expected to fall this year to its lowest since 2012, chiefly due to adverse weather that sharply cut output in France and South America, wine body OIV estimated on Thursday. Global wine output is set to decrease by five per cent compared with last year to 259.5
Switzerland to recognize Canada’s organic wine, processed foods
Canada and Switzerland have reached a deal to recognize each other’s organic certifications on wine and “multi-ingredient” foods. The two countries on Thursday announced expansions of their previous organic arrangement, which deems their respective certification systems to be equivalent for organic ag commodities and agrifood products. The amended deal takes effect Saturday (Oct. 1). The
Constellation considering Canadian wine IPO
Reuters — Constellation Brands said on Wednesday it was considering taking a part of its Canadian wine business public and reported better-than-expected quarterly net sales, helped by strong demand for its premium Corona and Modelo beers. Shares of the New York-based wine, beer and spirits company, which forecast full-year profit largely above estimates, rose as
French co-op InVivo plans U.S. wine deal, more food shops
Paris | Reuters –– French agricultural group InVivo is looking to acquire a wine distributor in the U.S. and could open up to 200 food shops in its home market as part of plans to double in size within a decade, InVivo’s CEO said on Tuesday. InVivo entered the wine sector this year through the
VIDEO: Volcanic soil and coastal conditions make NZ grapes unique
Manitoba Co-operator reporter Shannon VanRaes is on assignment at the International Federation of Agricultural Journalists in New Zealand
New Zealand wines are already a staple on the shelves of Manitoba liquor stores, but the New Zealand Winegrowers association would like to see an even greater flow of product to North American markets — like Canada. Manitoba Co-operator reporter Shannon VanRaes speaks to Jeffrey Clark in Hamilton, New Zealand about what makes that country’s wine
Treasury Wine to buy Diageo U.K., U.S. wine assets
Sydney | Reuters –– Australia’s Treasury Wine Estates, the world’s biggest standalone wine maker, said Wednesday it had agreed to buy most of Diageo Plc’s U.S. and British wine operations for US$552 million (C$716 million). Treasury also announced a fully underwritten rights issue to raise around A$486 million (C$460 million) to fund the acquisition. The
EU lawmakers urge calorie content labels to cover alcohol
Brussels | Reuters — European beer, wine and spirits makers should inform consumers about the amount of calories in their drinks via clear labelling, EU lawmakers said Wednesday. Most foods and drinks are subject to legislation mandating labels with nutritional and ingredient information, but alcoholic drinks are exempt. The European Parliament voted in favour of
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