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Napa Merlot Prices Likely Flat for 2014

Submitted By: Gabriel Froymovich, July 22, 2014
Napa Merlot Prices for 2014
July 21, 2014

Today’s grape price projection is Napa Merlot. To me, it’s a grape that is playing tug-of-war with itself, in a statistical sense. On the one hand, it works as a blending grape for Napa Cabernet and Meritage. On the other hand, it works as a varietally-bottled wine. On the one hand, it is a Napa grape and therefore the market is strong. On the other hand, an off-hand, drunken comment from a fictional character played by Paul Giamatti has destroyed the market for Merlot. Before I get to the projection, let’s take a look at a chart that plots average price (blue line) against reported, bearing acreage for Napa Merlot:

Cut and paste this link to see the chart and read the rest of the article:!Napa-Merlot-Prices-for-2014/chh1/7EEEA5C7-2C78-4F0C-9753-E6347FE5FA11