SVB Predicts Higher Prices as Consumption Drops

Silicon Valley Bank's highly anticipated annual State of the Wine Industry report was released today, and your editors got our hands on a copy of the 76 page report. We'll likely release a few articles about the report and accompanying webinar, but here are our big takeaways:THE CURRENT STATE OF THINGS. There are a couple of important themes in the wine business as we begin 2016. Consumers are trading up to higher priced wines and large wine producers are chasing