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Horse Heaven Wine Company buys Ste. Michelle Prosser facility // New model shows sea level rise can cause increases in groundwater levels along California’s coasts

May 30, 2024 - Wine Industry Insight Daily News Feed

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“A year ago, the value of Bordeaux sought by buyers was roughly equal to the value of Bordeaux looking for a home. Today, there is more than three times as much Bordeaux for sale than the fine wine market is looking to absorb. All indicators, therefore, suggest that we are in a particularly slow period for Bordeaux.”

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