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Expensive grapes

This article was originally published in Foodnews

THE forecast shortage of Argentina's grape crop has caused prices to go up. The warm temperatures last week allowed growers to continue with the harvest, following previously bad weather, and the overall decrease in production is estimated to be 10-20% lower compared with last year. In San Juan, 679 000 tonnes of grapes have been harvested and 1.445 million tonnes have been harvested in Mendoza, instead of the 836 000 tonnes (in San Juan) and over two million tonnes (in Mendoza) previously forecast by the INV (Instituto Nacional de Vitivinicultura). Processors are hurrying to secure their supply and this is making prices surge. Prices paid to growers are now over the ARS0.50/kg (US$0.16/kg) paid by the government for grapes, and good quality sulphated must is now sold at over ARS0.72/litre.

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