Wine grape prices bleak for growers

Wine grape prices remain in the doldrums.

The average price this vintage was $457 per tonne, slightly higher than the year before but still the second-lowest in a decade.

The Winemakers Federation of Australia said it meant more grape growers would have to leave the industry before profits could return.

The 2012 crush increased by 4 per cent.

That was kept low by a wet finish to the season, including flooding in areas including the New South Wales Riverina.

Shiraz has overtaken chardonnay production in the latest year, with the shiraz crush up by 16 per cent.

The change was largely because the last year's vintage was rain-soaked and botrytis infected grapes.

Pinot gris or grigio is becoming more fashionable.

Pinot gris production increased by 40 per cent and muscat gordo blanco lifted by 30 per cent.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.9384+0.0015+0.16%
    AUDUSD=X
    0.5575-0.0002-0.04%
    AUDGBP=X
    0.67810.00-0.01%
    AUDEUR=X
  • Commodities
    Commodities
    NamePriceChange% Chg