Tuesday, July 23, 2013

CO2-induced crop failure update: New Zealand posts a record wine harvest; Chile and South Africa also expected to harvest record crops

2013 wine harvest breaks records
The New Zealand wine harvest posted a new record of 345,000 tonnes for the 2013 season, which ended in May, according to Rabobank's Wine Quarterly report.
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The bank, which specialises in financial services for the food and agribusiness sector, said wine grape production in the southern hemisphere appeared to have been healthy.

"Nearly all major southern supply countries are set to register above-average crops for 2013; with Chile and South Africa also expected to harvest record crops, and Australia to record its largest harvest in five years," he said in the report.

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