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Top related persons:
Andrew Calabria - 2 — - 1 Tony Townsend - 1 Bloomberg he's - 1 Townsend's - 1 Jeff Bitter - 1 “ - 1 ” - 1
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France Australia Europe Bordeaux Australia , California South Australia Calabria Wines California
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Growers - 2 Service - 1 Bloomberg - 1 San Francisco Chronicle - 1 CNN - 1 Accolade - 1 Wine - 1 Riverina Winegrape Growers - 1

Search resuls for: "Andrew Calabria"


2 mentions found


☆ There's so much excess wine that growers are ripping up vineyards and winemakers are destroying their product
  + stars: | 2024-03-16 | by ( Kelsey Vlamis | ) www.businessinsider.com   time to read: +3 min
Wine has a supply and demand problem: there's too much of it. Growers in Australia, California, and France are ripping up vines in response. Now, some farmers in Australia, California, and France are tearing up entire sections of vineyards. The San Francisco Chronicle reported some growers in California are destroying their vineyards, with some opting to grow other crops instead. Advertisement"People in this business took it for granted that there was always going to be growth," Jeff Bitter, president of Allied Grape Growers in California, told the outlet.
Persons: —, Tony Townsend, Bloomberg he's, Townsend's, Andrew Calabria, Jeff Bitter Organizations: Growers, Service, Bloomberg, Reuters, San Francisco Chronicle Locations: Australia , California, France, South Australia, Australia, Calabria Wines, Europe, Bordeaux, California
☆ Australian farmers rip out millions of vines amid wine glut
  + stars: | 2024-03-09 | by ( ) edition.cnn.com   time to read: +5 min
About two-thirds of Australia’s wine grapes are grown in irrigated inland areas such as Griffith, its landscape shaped by vine-growing techniques brought by Italian migrants arriving around the 1950s. That would destroy more than 20 million vines across 12,000 hectares (30,000 acres), Reuters calculations based on Wine Australia data show, or about 8% of Australia’s total area under vine. “If half the vines in Australia were ripped out, it still might not solve the oversupply,” said a wine maker in Western Australia. When China blocked imports during a political dispute in 2020, Australia lost its biggest wine export market by value. And unlike Europe, it offers farmers no financial aid to help them destroy vines and excess wine.
Persons: “, ”, James Cremasco, Griffith, TWE.AX, Carlyle Group’s, Andrew Calabria, Cremasco, Jeremy Cass, Tim Mableson, Bill Calabria, Andrew’s, There’ll Organizations: CNN, Accolade, Wine, Riverina Winegrape Growers, Growers, KPMG Locations: Australia, China, Griffith, Calabria, Riverina, Wine Australia, Western Australia, Chile, France, United States, Bordeaux, Europe, Tasmania, Yarra, Victoria
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