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16 Jun 2021 8:22
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  •   Home > News > Business

    This season's grape shortage is the worst in at least 10 years

    This season's grape shortage is the worst in at least 10 years


    French winemakers Pernod Ricard believes New Zealand's vintage could be down nine-million, nine-litre cases on last year.

    Chief Executive Bryan Fry says that's a staggering number of unmet demand - and a significant financial hit.

    He says grapes were hurt by bad weather in November and December, and near-drought in the three months before harvest.

    Pernod is one of New Zealand's biggest wine producers and exports its vintage to 80 markets.

    Like Villa Maria - the company says it will be reviewing the need for a price hike for the season.

    © 2021 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Plans have been unveiled for a new United Rugby Championship next season, featuring northern and southern hemisphere teams More...


    BUSINESS BUSINESS
    The exhibitors are in place - and the gates are about to open at Fieldays More...



     Today's News

    Rugby:
    Plans have been unveiled for a new United Rugby Championship next season, featuring northern and southern hemisphere teams 8:16

    Rugby:
    Chiefs prop Ollie Norris and Highlanders loose forward Josh Dickson are the potential debutants named in coach Clayton McMillan's Maori All Blacks for their two-match series against Manu Samoa on June 26 and July 3 8:06

    Entertainment:
    Amelia Hamlin was gifted a diamond necklace by Scott Disick for her 20th birthday 8:00

    Living & Travel:
    Stranded children in India can be escorted home to Australia under new changes, but parents say it's not easy 7:56

    Business:
    The exhibitors are in place - and the gates are about to open at Fieldays 7:56

    Education:
    Universities will come together to discuss allegations of cheating 7:46

    Swimming:
    Seven maiden Olympians will represent New Zealand in the pool at the Tokyo Games 7:36

    Rugby League:
    Injuries could see Jazz Tevaga run at hooker in the Warriors' NRL match against Newcastle on Saturday 7:36

    Entertainment:
    Queen Elizabeth has been gifted a corgi by her son Prince Andrew 7:30

    Technology:
    Telstra, AGL, ANZ, Macquarie Group among employers making some workers pay for superannuation rise 7:26


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