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Napa's Big Decision: Style or Substance? // Grape growers claim they are being squeezed for profit by wine giant

March 18, 2024 - Wine Industry Insight Daily News Feed

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“Wine shipments should continue to lag the retail market until elevated wholesale inventories come back into balance. The inventory-to-sales ratio for alcoholic beverage wholesalers has begun to come down but remains near a multidecade high (see Chart 2). Though these data are not specific to wine, I have not seen evidence to suggest that the wine category is more favorably positioned than beer or spirits.”

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