Spring is in the air in Napa. The weather has been in the 60’s but we are looking forward to sunny 70+ degree days in the coming weeks. Easter should be the perfect day to celebrate with family and friends.
Our 2014 Treasure Napa Cabernet Sauvignon has been bottled and will be ready for release in September. Stay tuned for more details.
Our 2016 Treasure vintage has been aging in our new French oak barrels. This was another great year in Napa where the terroirs of Napa will be nicely delineated. Structurally, the wine is medium bodied and is showing very soft tannins. Our 2016 will be bottled in February, 2019.
There is still time to stock up for Easter!
3 bottle pack 2014 Sauvignon Blanc - $45.00 (Reg. $75)
3 bottle pack 2011 Cabernet Sauvignon - $80.00 (Reg. $135)
Come and visit us at Vintner’s Collective at 1245 Main Street, Napa
May 20th - 2-4pm
Daniel, our winemaker, will be pouring a variety of Treasure vintages! Meet owners - Mark & Patty to learn more about Treasure.
There’s just not enough wine in the world, says Morgan Stanley, and the problem is only going to get worse. The industry is experiencing an “undersupply of nearly 300 million cases” a year, according to a report from Morgan Stanley Research. Australia-based analysts Tom Kierath and Crystal Wang say the shortage comes despite the fact that there are one million wine producers globally, making 2.8 billion cases each year. About half of that comes from Europe. But that’s not enough to keep up with worldwide demand. Global production fell by more than 5% last year – to its lowest level since the 1960s – primarily due to bad weather in France and Argentina. Production in Europe alone dropped 10% in 2012, the report said. That same year, worldwide consumption rose by 1%. The French consume the most wine, followed by Americans, and then the Chinese. Wine has become particularly popular in China, as the economy booms and the standard of living there rises. China is also producing more wine of its own, said the report.
America consumes 12% of the world’s wine but produces just 8%. And the U.S. is only getting thirstier ; consumption rose 2% last year. The U.S. wine making industry is also growing. The number of American wineries has “expanded dramatically” in the last 15 years, according to the report. But most of them are “boutique” operators rather than major producers, so they’re not driving any real growth in supply. And there is little reason to believe that global wine production will pick up any time soon.
Morgan Stanley said that output from newer producers like the U.S., Argentina, Chile, Australia, New Zealand and South Africa has already peaked.