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From: lewis.perdue@wineindustryinsight.com
Subject: CA Wine Grape Value Is Half a Billion Dollars Higher Than Crush Estimates - Competitors Circle Amazon's Wine Business - Wine Country Still Hurting After Fires - New interstate shipping ban impacts IL wine retailers -- NOVEMBER 27, 2017 - WINE NEWS FETCH
Date: 2017-11-26 19:45:06
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Calif Wine Grape Value Is Half a Billion Dollars Higher Than Crush Estimates Scroll down to Daily Data to see the new UC Davis chart.
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DAILY NEWS FETCH - November 27, 2017
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Calif Wine Grape Value Is Half a Billion Dollars Higher Than Crush Estimates
The has been under reported because the official crush report does not include grapes retained by growers to make their own wine according to True Value of California Wine Grapes, in the most recent issue of ARE Update published by the University of California Giannini Foundation of Agricultural Economics.
The study by researchers Olena Sambucci and Julian M. Alston, estimate that the actual value is $3.638.3 billion, almost half a billion higher than the official value of $3.142.6 billion.
Source: True Value of California Wine Grapes
Sambucci is a post-doctoral researcher and Alston is a distinguished professor in UC’s Department of Agricultural and Resource Economics at Davis.
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TODAY'S FEATURED WINE
2015 Bread & Butter Chardonnay (Napa). Butter is right! Lots of oak, vanilla, and custard notes. Nice balance with peach and pear. Purchased on sale for $12.99 from Hover Crossing Wine & Spirits in Longmont, CO. -B
This NewsFetch was hand-crafted for you by Editor Becca Yeamans-Irwin (The Academic Wino) and Publisher/Executive Editor, Lewis Perdue.
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Lewis Perdue
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