Saturday 18 July 2009

Times Still Hard

The enormous wine group 'Constellation' has announced that, having failed to sell it, it is to close one of Australia's oldest wineries, Leasingham in the Clare Valley. Meanwhile the French think production will be down 600,000 hectolitres in the Languedoc Roussillon and Bordeaux sales are declining in both value and volume. South America seems to be surviving better though in Chile some US buyers are rumoured to be looking over one or two wineries that have fallen on hard times, but at least Argentinean wines are up all round!

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