Australian wine http://www.globalpost.com/taxonomy/term/28398/all en China's thirst for Australian wines golden - for now http://www.globalpost.com/dispatch/news/thomson-reuters/130129/chinas-thirst-australian-wines-golden-now <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Pauline Askin</p> <p>SYDNEY, Jan 29 (Reuters) - China's growing thirst for Australian wines may be a golden ticket for now, but whether demand will last remains unknown even as vintages from Down Under gain new fans amid a surge of growth in broader Asia.</p> <p>Australian bottled wine exports to China soared by 15 percent year on year in 2012, according to official data, bolstered by a sales push targeting the country's wealthy drinkers and making Australia the top overseas market for wines priced at more than A$7.50 ($7.90) a litre.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130129/chinas-thirst-australian-wines-golden-now" target="_blank">read more</a></p> Australian wine Biotechnology Human Interest Politics Wine Thomson Reuters Tue, 29 Jan 2013 11:00:03 +0000 Thomson Reuters 5740944 at http://www.globalpost.com US wine exports hit record $1.4 bn in 2012 http://www.globalpost.com/dispatch/news/afp/130221/us-wine-exports-hit-record-14-bn-2012 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US wine exports uncorked a record year in 2012, bringing in $1.43 billion in revenues as demand grew in Germany, Sweden, Japan and China, the Wine Institute said Thursday.</p> <p>Wine exports -- 90 percent from California -- rose by 2.6 percent, the third year in a row of increases, said the San Francisco-based institute, which represents the California wine industry.</p> <p>Volume shipments reached 424.6 million liters, or 112.2 million cases, last year, a slight slowdown from 2011 shipments of 425.5 million liters (47.3 million cases).</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130221/us-wine-exports-hit-record-14-bn-2012" target="_blank">read more</a></p> American wine Australian wine Canadian wine Politics USD AFP Thu, 21 Feb 2013 21:46:06 +0000 Agence France-Presse 5762706 at http://www.globalpost.com Wine journal awards Australian shiraz perfect score http://www.globalpost.com/dispatch/news/afp/130305/wine-journal-awards-australian-shiraz-perfect-score <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Influential journal Wine Advocate has awarded Australia's 2008 Penfolds Grange shiraz an unsurpassable 100 points, a score chief winemaker Peter Gago said Tuesday was like winning an Academy Award.</p> <p>The US-based Wine Advocate, which is considered the pinnacle of wine reviewing and rarely hands out a perfect score, described the Grange shiraz as "clearly a wonderfully opulent and a magic vintage for this label".</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130305/wine-journal-awards-australian-shiraz-perfect-score" target="_blank">read more</a></p> Australian wine Barossa Valley Fosters Group AFP Tue, 05 Mar 2013 05:15:53 +0000 Agence France-Presse 5773516 at http://www.globalpost.com China's soaring wine consumption slows down: study http://www.globalpost.com/dispatch/news/afp/130308/chinas-soaring-wine-consumption-slows-down-study <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>China will retain its crown as the world's fastest growing wine consumption market although the rate is tipped to slow significantly after years of explosive expansion, a new study showed Friday.</p> <p>Chinese wine consumption soared by 142.1 percent over the five years from 2007 to 2011, reaching a total of 159.25 million cases or 1.91 billion bottles, the leading wine and spirits trade fair organiser Vinexpo said.</p> <p>Demand has surged in the world's second largest economy in recent years, driven by a rapid expansion in personal wealth as well as growing demand for foreign products.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130308/chinas-soaring-wine-consumption-slows-down-study" target="_blank">read more</a></p> Australian wine Dessert wine Wine AFP Fri, 08 Mar 2013 08:00:33 +0000 Agence France-Presse 5776914 at http://www.globalpost.com Pandas vs pinot as vineyards adjust to warming http://www.globalpost.com/dispatch/news/afp/130408/pandas-vs-pinot-vineyards-adjust-warming <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Which is more important, pandas or pinot?</p> <p>Researchers say that is a question conservationists and wine-growers will have to answer in the coming years as climate change sparks a hunt for cooler places to grow wine grapes, even if those places are home to sensitive animal populations.</p> <p>Already, big players in the global wine industry are eyeing land in northern climes as rising temperatures force them to consider growing in places other than the most popular spots in the Mediterranean, Australia and California.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130408/pandas-vs-pinot-vineyards-adjust-warming" target="_blank">read more</a></p> Australian wine Biology Zoology AFP Mon, 08 Apr 2013 17:30:58 +0000 Agence France-Presse 5805760 at http://www.globalpost.com Pandas vs pinot as vineyards adjust to warming http://www.globalpost.com/dispatch/news/afp/130408/pandas-vs-pinot-vineyards-adjust-warming-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Which is more important, pandas or pinot?</p> <p>Researchers say that is a question conservationists and wine-growers will have to answer in the coming years as climate change sparks a hunt for cooler places to grow wine grapes, even if those places are home to sensitive animal populations.</p> <p>Already, big players in the $290 billion a year global wine industry are eyeing land in northern climes as rising temperatures force them to consider growing in places other than the most popular spots in the Mediterranean, Australia and California.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130408/pandas-vs-pinot-vineyards-adjust-warming-0" target="_blank">read more</a></p> Australian wine Politics Viticulture Wine AFP Mon, 08 Apr 2013 18:35:30 +0000 Agence France-Presse 5805841 at http://www.globalpost.com China trade dispute worries EU wine exporters http://www.globalpost.com/dispatch/news/afp/130606/china-trade-dispute-worries-eu-wine-exporters <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>European wine producers working to drum up new business in the promising Chinese market expressed frustration Thursday as an escalating trade dispute put their industry in the crosshairs.</p> <p>Chinese state media added fuel to the row with threatening rhetoric warning the European Union of further action after Beijing announced it had begun an anti-dumping probe into wine imports from the bloc.</p> <p>The move came after the European Commission slapped tariffs on solar import panels from China, putting mounting pressure on the huge trade relationship between them.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130606/china-trade-dispute-worries-eu-wine-exporters" target="_blank">read more</a></p> Australian wine Politics Portuguese wine Wine AFP Thu, 06 Jun 2013 11:50:45 +0000 Agence France-Presse 5851911 at http://www.globalpost.com Treasury Wine CEO's exit shows challenge for Australian industry http://www.globalpost.com/dispatch/news/thomson-reuters/130923/treasury-wine-ceos-exit-shows-challenge-australian-industry <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jane Wardell</p> <p>SYDNEY (Reuters) - The ousting of the chief executive of Treasury Wine Estates Ltd &lt;TWE.AX&gt;, the world's second-largest wine maker, on Monday underscored the need for a fundamental shift in the way Australia markets its wines to the world as its exports fall.</p> <p>Once hailed around the world for its so-called "critter labels" - cheap but decent quality wines featuring colourful kangaroo and koala adorned labels - Australia has been slow to grasp a move by consumers toward higher-end tipples.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130923/treasury-wine-ceos-exit-shows-challenge-australian-industry" target="_blank">read more</a></p> Australian wine Wine Yellow Tail Thomson Reuters Mon, 23 Sep 2013 05:34:52 +0000 Thomson Reuters 5941654 at http://www.globalpost.com Lawsuit after 6 million bottles of Aussie wine down drain http://www.globalpost.com/dispatch/news/afp/131028/lawsuit-after-6-million-bottles-aussie-wine-down-drain <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Global drinks giant Treasury Wine Estates was Monday facing a class-action lawsuit from Australian shareholders after oversupply issues forced six million bottles of wine to be poured down the drain.</p> <p>Law firm Maurice Blackburn and class action funder IMF Australia said they were preparing a shareholder lawsuit against Treasury, the wine business spun off from Australian beverages titan Foster's in 2011.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131028/lawsuit-after-6-million-bottles-aussie-wine-down-drain" target="_blank">read more</a></p> Australian wine Business Fosters Group Treasury Wine Estates AFP Mon, 28 Oct 2013 06:08:43 +0000 Agence France-Presse 5972583 at http://www.globalpost.com Drink it while you can, as wine shortage looms http://www.globalpost.com/dispatch/news/afp/131031/drink-it-while-you-can-wine-shortage-looms <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Attention wine lovers: savor every last sip, as researchers say there may be a global shortage looming.</p> <p>Wine prices could shoot up because of a fall in production and growing thirst for wine among Chinese and Americans, Morgan Stanley research said in a report Wednesday.</p> <p>World production peaked in 2004, with an excess of 600 million cases. But since then supply has fallen because of lower production capacity, slipping in 2012 to the lowest level in 40 years, the US bank said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131031/drink-it-while-you-can-wine-shortage-looms" target="_blank">read more</a></p> Australian wine French wine Wine AFP Thu, 31 Oct 2013 10:06:59 +0000 Agence France-Presse 5976132 at http://www.globalpost.com Spanish winemakers in China push at Hong Kong fair http://www.globalpost.com/dispatch/news/afp/131106/spanish-winemakers-china-push-at-hong-kong-fair <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Spanish winemakers said Wednesday they are pushing to make gains in the potentially vast Chinese wine market as they showcase their wares at one of Asia's largest wine fairs in Hong Kong.</p> <p>The International Wine and Spirits Fair, which partnered with Spain this year, has attracted more than 1,000 producers from around the world, as the southern Chinese city cements its position as an international wine hub.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131106/spanish-winemakers-china-push-at-hong-kong-fair" target="_blank">read more</a></p> Australian wine International variety Wine AFP Wed, 06 Nov 2013 13:25:43 +0000 Agence France-Presse 5981630 at http://www.globalpost.com New wave of bold organic winemakers is challenging Chile's industrial vineyard giants http://www.globalpost.com/dispatch/news/the-canadian-press/140218/new-wave-bold-organic-winemakers-challenging-chiles-industri <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>MAULE VALLEY, Chile - Sven Bruchfeld doesn't mind if you don't like his wine, as long as some people love it.</p> <p>He's part of a bold new wave of independent vintners who are challenging Chile's reputation for producing oceans of agreeable but predictable wines. Their quirky, small-batch harvests are capturing the attention of wine connoisseurs at home and abroad.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140218/new-wave-bold-organic-winemakers-challenging-chiles-industri" target="_blank">read more</a></p> Australian wine Chilean wine Human Interest Wine The Canadian Press Tue, 18 Feb 2014 06:18:49 +0000 The Canadian Press 6073458 at http://www.globalpost.com New Zealand wine exports hit record levels http://www.globalpost.com/dispatch/news/afp/140430/new-zealand-wine-exports-hit-record-levels <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>New Zealand wine exports reached record levels in the 12 months to March amid surging demand from key markets, an industry body said Wednesday.</p> <p>Official data showed exports were up 9.2 percent to NZ$1.32 billion ($1.13 billion), making wine the country's eighth most valuable goods export, New Zealand Winegrowers said.</p> <p>"The very robust export performance over the past 12 months reflects the continued demand in key markets and increased availability of the wine from the 2013 vintage," chief executive Philip Gregan said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140430/new-zealand-wine-exports-hit-record-levels" target="_blank">read more</a></p> Australian wine New Zealand New Zealand wine Politics Wine AFP Wed, 30 Apr 2014 07:39:03 +0000 Agence France-Presse 6134507 at http://www.globalpost.com Australian wine maker signs China distribution deal http://www.globalpost.com/dispatch/news/xinhua-news-agency/140825/australian-wine-maker-signs-china-distribution-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Xinhua News Agency </div> </div> </div> <!--paging_filter--><p>Australian wine maker signs China distribution deal</p> <p>SYDNEY, Aug. 25 (Xinhua) -- Wine maker Australian Vintage has signed a distribution deal with China's largest food processor, the state-owned COFCO, local media reported on Monday.</p> <p>The company's core brand, McGuigan Wines, will soon become one of Australia's highest selling labels in China within a newly established International Wine division of COFCO.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Xinhua News Agency.</a></p> <p>Xinhua is China's state-run news agency.</p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/xinhua-news-agency/140825/australian-wine-maker-signs-china-distribution-deal" target="_blank">read more</a></p> Australian Vintage Australian wine Wine Xinhua News Agency Mon, 25 Aug 2014 11:04:47 +0000 Xinhua News Agency 6239925 at http://www.globalpost.com Australia's McGuigan seals wine distribution deal in China http://www.globalpost.com/dispatch/news/afp/140825/australias-mcguigan-seals-wine-distribution-deal-china <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The owner of Australia's McGuigan wine label said Monday it had won a distribution deal with China's state-owned food conglomerate COFCO, giving it a chance to tap the vast market.</p> <p>Australian Vintage said it had signed a long-term agreement with COFCO Wine and Spirits to distribute McGuigan wine effective immediately.</p> <p>"There is currently an opportunity for Australian wine in China, and it's one of the most exciting emerging markets for the global wine industry," chief executive Neil McGuigan said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140825/australias-mcguigan-seals-wine-distribution-deal-china" target="_blank">read more</a></p> Australian Vintage Australian wine Business Neil McGuigan Wine AFP Mon, 25 Aug 2014 21:00:30 +0000 Agence France-Presse 6240505 at http://www.globalpost.com