Wine sector spared challenges of red oversupply

Australian Vintage moves reduce grape supply

Australian Vintage Limited (AVL) has exited a long-term lease with Fresh Country Farm for the Millewa Vineyard, as it looks to accelerate its inventory reduction strategy. The move comes after the wine business said in May that its was estimating a significant reduction in its wine intake with long-term grower contracts rolling off over the next three years. AVL said at the time: “Our inventory position for the end of FY2025 is likely to be high…

Wine sector spared challenges of red oversupply

The chief of the Margaret River Wine Association says the region is well insulated from concerns about oversupply of red grapes rocking the national sector.