California Growers Snuffing Out Global Competition

Dear Client:The global bulk wine market is shifting as producers grapple with nearly a decade of oversupply and improving quality in the popular premium wine segment, according to new research from Rabobank titled "The Incredible Bulk: The Rise in Global Bulk Wine Trade." So how does that apply to California? California wine supply "has really emerged as a competitively priced supplier within the domestic market," especially over the past year, Stephen Rannekleiv, executive director of Rabobank International's Food & Agribusiness