Expect Rock Bottom Wine Prices in 2020

Expect rock bottom domestic wine prices in 2020 (Via EaterSF)

“the best wine values in 20 years,” as grape and bulk wine prices drop to their lowest since 2015. Those price drops mean that grapes are literally rotting on NorCal vines, Bitter says, as there’s no reason to pick what can’t be sold for a reasonable price.

“This year there were more grapes left on the vine than I’ve ever seen in my lifetime,” Bitter tells the, saying that the only solution is to get rid of about 30,000 vineyard acres. Those extra 30,000 acres lead to — based on this season’s surplus — about 200,000 unnecessary tons of grapes. It’s an exces that will continue if growers don’t cut their acreage, Bitter says.

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