From Sigi Hiss, at 02. February 2011 08:26
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| Wine sector improving, a bit, says Rabobank |
There are signs that the pricing rot on the world wine market is slowing, according to analysts at Rabobank.
Prices are falling less steeply and have begun to rise for some producers in the world’s major wine producing nations, Rabobank said in its quarterly wine sector review. It said that a better balance between supply and demand is driving the improved outlook.
“The light global crop of 2010, the improving global economy and the unloading of excess stocks over the past year appear to be taking some of the pricing pressure off major suppliers,” said Rabobank today (21 January).
Its relatively upbeat assessment is in contrast
From Franz Aregger, at 02. February 2011 08:26
by David Furer- Sutter Home and Trinchero Family Estates founders Bob and Evalyn Trinchero have donated over 
1,450ha to Napa County Regional Park and Lake Berryessa Resort Improvement Districts. The action will allow a right of way to previously inaccessible Bureau of Land Management (BLM) land.
Park district director Guy Kay said, ‘It’s an exceptional opportunity that fits perfectly with our goals of preserving the natural environment while providing outdoor recreation for the public.’
Ninety-seven hectares donated to the Lake Berryessa Resort Improvement Districts (LBRID) will help protect water quality.
The future park property, which is located northeast of Napa County’s Pope Valley,
From Franz Aregger, at 02. February 2011 08:26
By: just-drinks.com editorial team 
Argentina has reported record wine exports in 2010, boosted by stronger demand for Malbec in the UK and US and also favourable exchange rates.
Argentina exported US$864.5m of wine in 2010, beating its previous record of $860m set in 2008, Wines of Argentina announced today (1 February). However, export volumes fell by 7.5% on 2009, due to lower bulk exports, said the trade body.
From Nadia Schmidli, at 02. February 2011 08:26
By: Chris Losh
We here at just-drinks could never condone applying make-up to the faces of farm animals. Chris Losh, however, is a stickler for such details – especially if it provides a suitable analogy for the global wine market.
What was it Barack Obama said about Sarah Palin? “You can put lipstick on a pig, but it’ll still be a pig”?
Well, I was reminded of that when I got the latest International Wine and Spirits Record report into the global wine industry. Commissioned by the French trade fair group, Vinexpo, it’s always a useful snapshot of what’s going on.
From Marcel Merz, at 02. February 2011 08:26
by Richard Woodard- Constellation Brands has completed the sale of a host of popular wine names including Hardys, Kumala and Banrock Station to private equity company Champ.
The business, which includes substantially all of Constellation’s wine businesses in Australia, Europe and South Africa,has been renamed Accolade Wines following the completion of the A$290m deal.
Accolade has retained Constellation’s former management team, including head of wine operations for Europe and Australia Troy Christensen as its new CEO.
Constellation will retain a 20% stake in Accolade, receiving A$230m in cash from Champ
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