Posts Filed Under wine news
Last week, Silicon Valley Bank and Vintank teamed up to present a rather well-researched and thorough look at what the wine industry has in store for itself in the near future.
Predictions are, of course, only for the exceedingly brave (or exceedingly foolish – or both), since they’re ripe for the 20/20 vision sniper cross hairs of retrospective perspective later. But I tend to admire the cojones it takes to put your thoughts out on a public limb, opening it up for those who would use them as a perch for even greater ideas, not to mention as fodder at which any thick-skulled woodpeckers can take pot shots. An example: the bold predictions that Vintank made about the wine biz for 2011, many of which didn’t materialize in 2011 but are starting to show signs of instantiating themselves in early 2012 – in fact, the SVB report bolsters several of those bold Vintank 2011 predictions (the growth of direct wine sales, for example, in what they term “the 5th Column), for those who have more pachyderm-like memories (and are keeping score). Vintank: 1; Woodpeckers: 0?
You can download the report, its summary slides, and an even higher-level infographic summary at SVBs website.
While the results (understandably, given the source) have a serious CA-focus, there are tidbits therein that the worldwide wine industry can take away from it.
For example, U.S. wine producers may be set for shorter supply, increased prices, and a big challenge from EU country wine imports.
Not exactly good news for the U.S. wine biz…
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I recently had a conversation with a celebrity involved in the California wine biz that went something like this:
CA Wine Celebrity: “Hey – have you ever had cannabis-infused wine?”
CWC: “Yeah. Totally. Pot wine?”
Me: “No – but I wouldn’t be surprised if every other winemaker in California was drinking it; and probably making it.”
CWC: “I just tried some. It was weird. It smelled exactly like…” – at this point he extended a long, lanky, outstretched arm ending in pinched fingers directly under my nose – “…like someone stuck a bud in there; it smells just like a big ol’ bud right up in your nose!”
Turns out, he wasn’t very far off. It is with very, very little surprise that I give you the findings of Michael Steinberger’s recent article for The Daily Beast, titled Marijuana-Laced Wine Grows More Fashionable in California Wine Country: apparently, a lot of winemakers in California wine country make the stuff (by dropping about one lb. of dope into fermenting grape juice, Cabernet apparently being the variety of choice, and nearby Humboldt County being the marijuana source of choice), because a lot of CA winemakers dig pot.
Whoa – now there’s a news flash [ Editor’s note: sarcasm intended ].
We are talking about California here, people…
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In this special weekend edition of 1WineDude.com, I have some epically gargantuanly stunningly-hyphenated-made-up-adverbially BIG news to share with you all.
Steve Heimoff, of Wine Enthusiast Magazine (not sure if it’s the English or Mandarin version… but sh*t, I’d better find that out REAL soon) are SWAPPING GIGS.
Yes, ou’re reading that correctly. Steve Heimoff will now be writing the Wined Down With Joe Roberts column on Playboy.com, and I will be taking over Steve’s California wine beat for Wine Enthusiast.
As part of the move, Steve and I will also be swapping blogs, and so you will find Steve writing about writing about writing about wine here, and over at Steve’s website I will be penning my normal shot-from-the-hip missives about the wine world that actually sound like they were, indeed, shot by something and then left to rot.
I wanted you al to be the first to know. Only you’re not really the first to know… there were, like seventeen lawyers who knew before you did, and then there’s the editorial staff at WE and Playboy.com, and around eight or so of Steve’s neighbors in Oakland, who all knew before you did. But you’re, like, the thirty-fifth person to know and that’s meaningful to Steve and I, because I was 35 years maybe when Steve and I first met. Look, just go with it, okay?
I realize that this will come as a great shock to many of you, so it’s important that you understand the rationale behind this joint decision by Steve and me:
- Talent: Steve and I are writers who can distinguish between when it is and is not grammatically correct to use the phrase “Steve and me.”
- Work-Life Balance: We figured it would take a while before either WE or Playboy.com noticed, since we both like to work remotely.
- Because We Can: We’re both, like, super-important in the wine blog world and this is, in fact, a childish attempt by both of us to lord our power over the minions.
- Intangibles: We’re about the same height.
- For The Good of the Land: Steve is less dangerous for the Playboy Playmates, and I’m less dangerous for Wine Enthusiast.
See you over at SteveHeimoff.com, people!
Cheers – and check your calendars!
p.s. – Mad, mad love, respect & appreciation to Steve, who had no idea I was doing this but I strongly suspect will take it with good humor (what’s Mandarin for “humor”?).
Ah, Bordeaux… can’t live with its inflated prices… pass the peanuts!
The wine biz has been in a serious tizzy since Robert Parker released his scores for the 2009 Bordeaux offerings – and he was in a generous mood, with damn-near twenty wines garnering “perfect” 100 point scores, including the likes of Bellevue Mondotte, and Clos Fourtet, along with stalwarts such as Le Pin, Petrus, and Montrose. If the hubbub strikes you as much ado about little, you need to bear in mind that the Bordeaux wine market hardly seems able to wipe its own ass without a report on whether or not Parker used two-ply when evacuating.
Apparently, Parker’s website got so much attention when the scores were released that the site crashed (for which Parker apologized to his subscribers). Other long-time Bordeaux critics have been just as effusive (for example: James Suckling hailed 2009 as potentially Bordeaux’s best vintage, ever).
So, if you are under the delusion that the wine world still isn’t Bordeaux-crazy, then you are probably crazy. This is despite Bordeaux’s quality pyramid being almost totally inverted, and is despite the fact that wines from most of the top Bordeaux houses are now priced out the reach of what we would commonly call mortal human beings (I can remember when Chateau Margaux’s second wine, Pavillon Rouge de Chateau Margaux, was an excellent value at around $50 a bottle – the last ten years or so have seen about a 350% increase in that price).
But then again… as The Tick once said, maybe “you’re not going crazy… you’re going SANE in a CRAZY WOLD!” Has Bordeaux out-priced itself, and increased production so much that greed has overtaken good-old-fashioned capitalism? Are we in a Bordeaux backlash? And will that backlash cause Bordeaux to lose its place as the benchmark for fine wine the world over?
To answer questions such as these, I like to turn to people who are much smarter than I am, and so I rang up the NY Times food and wine writer (and generally nice human) Eric Asimov to pick his noggin on all of this. If you want a cogent, educated, and measured take on the future of all of this Bordeaux madness, read on…
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