Global wine production predicted to slump to 50-year low

Wine producers’ body warns production will fall after Italy, France and Spain were hit by freak weather events in 2017If you haven’t got a wine cellar, it’s time to get one and start stockpiling – because global wine production is to fall to its lowest level in more than 50 years.On Tuesday the International Organisation of Vine and Wine (OIV) said it expected an 8% decrease in global wine production to 247m hectolitres for 2017.Continue reading...