Rabobank: The Rebound in Super-Premium Wine Continues but Discounting still Prob

Dear Client: The new Rabobank Wine Quarterly (written by Stephen Rannekleiv, executive director of Rabobank's Food & Agribusiness Research and Advisory) noted that the "rebound" in the US super premium market continues, although "the on-premise remains soft and price-discounting continues to be problematic." The "general improvement" in the US market "is positive news for many global wine suppliers, as imports are up modestly, and, more importantly, bottled imports are aggressively taking share from bulk imports."Cool weather at the start of