JohnC6
Suspended / Banned
- Messages
- 11,799
- Name
- John
- Edit My Images
- Yes
The wines should be really cheap now. It seems there's been a massive slump in demand for the world-famous red wines. It's the gravest crisis since the 1970s. As one winemaker said.." We are all in the proverbial 'merde'. You can guess what that translates to . He's replacing his vines on his 25 hectacres of land to christmas trees, paulownia trees (a deciduous hardwood tree native to central and eastern China and the Korean Peninsula) also called the 'Empress tree', cereal crops,butternut squash and solar panels. More than 1300 of the region's 5000 winemakers are in financial trouble, unable to pay debts after failing to foresee the end of the 1990's claret boom. Depression is widespread and suicides are not uncommon. Bare,brown fields and yellow diggers abound. Government help will cost the French taxpayer €120 million.Some very famous and expensive names are stiil popular but they are the exception. A bottle of red is now being sold for €5 or €10. They only sell about 20% of their production,the rest goes to merchants who sell under their own names. It didn't help that in 2019 Trump imposed a 25% tarrif on all European wines in retaliation for EU aircraft subsidies. The Russia-Ukraine war put a stop to exports to Russia. It seems that wine consumption in France has fallen by 70% over the past 60 years. .Another factor cited by one grower is that people aren't having a Sunday roast anymore but eating tapas in the markets and then going off to visit relatives. Not conducive to red wines.
All sounds rather grim.
All sounds rather grim.