A Peak at Global Wine Industry

The economy is hitting winegrape growers hard in the U.S. and globally as Australian vintners grapple with more over-supply and less demand, and domestic vintners struggle with changing consumer trends and dry weather.Despite having great weather and posed for one of the best harvests in years, Australian vintners have little to celebrate thanks to the global financial crisis."We set up to produce all this wine. We spent a lot of money, and then bang, the financial crisis hit us," an