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Sotheby's and Institute of Masters of Wine debut fundraising auction // 2025: a year in review - an optimal vintage for whoever is buying

October 9, 2025 - Wine Industry Insight Daily News Feed

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Today’s Most Interesting Wine Industry Data

Total U.S. wine production peaked in 2017 at 891 million gallons before falling 27% by 2024. California, once accounting for more than 90% of the U.S. total, dropped to 78.5% in 2024 — its lowest share in more than two decades.

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