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Wine grape harvest only average, but still in excess of demand
2 Mar 2005
The Australian Wine and Brandy Corporation early results from this year’s harvest suggested there would be an average yield of tonnes of grapes per hectare this year. The corporation said it expected Australia's wine glut would continue for another two years, and that this would keep driving the wine export boom. AWBC said as new plantings had peaked in 1998, and no new areas were being planted now, wine stocks could be running short from 2007. The corporation said it expected a 1.82 million tonne harvest, compared with last year's record 1.92 million tonnes.
The Age, 02/03/05
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