Wine Imports Lag in February

Domestic table wine faired far better then imports in the four weeks to February 24, according to IRI supermarket food and drug scan data. Dollar sales of domestic table wine rose 4.7%, while imports declined -1.1%. Volume of domestic wine grew 1.2%, while imports decreased nearly -5%. Overall, table wine increased 3.3% by value and volume was flat. There are several possible factors at play. One, the diminishing dollar and sturdy euro may have already taken a toll on imports,