New Zealand wine production having a Goldilocks year, says Rabobank report

Wed, 20 Apr 2016

By Fiona Rotherham April 21 (BusinessDesk) - Production volumes of New Zealand wine grapes this year are expected to be significantly higher than in 2015, although within a manageable range, said Rabobank’s latest quarterly wine report. “The volume of the 2016 vintage looks like it will be just right – it won’t be too big, yet it also won’t be too small for most companies entering the year with stocks erring on the tight side,” said report co-author and wine analyst Marc Soccio. Keeping stocks within a manageable range is a perennial c...

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