Burgundy in Trouble
If you love Burgundy, you’re in for some hard times and higher prices. Burgundy production has never been large and has been dwindling continuously over time. However, for the last 6 years or so bad weather has devastated vineyards in the famed wine region, especially in the Côte de Beaune, reducing crops to scary low levels. Rain, floods and hail have done their damage causing consumer prices to sore even for low-end wines. As a producer, it’s bad enough if you own your own vineyards, but if you have to buy grapes from a grower, it’s insane. There’s so little fruit, that they can virtually ask whatever price they want, so the finished wines are much pricier. Consumers will have to lower their expectations and shop very carefully.