Recent Large Wine Crushes Exacerbate Price Gap

The 2014 California wine grape harvest is now complete with this year's crush expected to be above average in size at about 3.9 million tons, but not quite as big as the record-breaking 2012 and 2013 crushes that both came in slightly over 4 million tons. In light of the three consecutive large crushes, experts have pinpointed a few resulting trends that have emerged in the wine category: shipments are increasing at the high-end, the low-end is sitting on excess