Charity Wines And The Prices Of Wine
Prices of U.S
Prices of U.S. wines are set to rise steadily over the next few years, according to reports from a number of agricultural and viticulture experts based in California. There are a number of forces at work here, but the primary fallout is that whether a person is used to drinking $9, $18, or even $30 bottles of wine, those prices won't stay the same for long. There are a few ways to maintain access to affordable, award winning wine, at least for the near term, and getting great charity wines turns out to be one of them.
A few things had been happening over the past five years that were depressing the prices of even very respectable bottles of wine, creating a buyers' market. Chief among them, the depression meant people weren't buying expensive bottles of wine at any volume, so retailers had to turn to other ways of offloading excesses of their higher end product. This simultaneously exposed a wider range of drinkers to better bottles, setting the stage for higher demand in the future, and discouraged grape planters from investing in more expensive grapes that nobody really wanted. Now that the recession seems to be over and people are more willing to break their $10 and $25 budget on wine, that demand for better bottles far exceeds the supply. Years of under-planting have coupled with this increase to drive up the price of grapes in California.
Wine prices will probably climb more than %20 over the next few years based on grape prices. Bottles that had been affordable at $9 or $10 will easily reach $15, and those that were a bargain at something like $21 could easily return to the $70 or more they fetched before the recession. The only options are pay far more, buy lower quality, or gamble on unestablished imports. This situation may lead eve more people to wonder how wine is priced, but based on these pressures it's clear that cost of the grapes and basic supply and demand are very important factors.
However, charity wines might present an option that can help temper some of the blow of climbing prices. A few charitable wine brands seem to have established relationships with award-winning vintners who will sell newer bottles of their best wines for competitive prices. Part of how this works is that they are smaller winemakers that may have won quality awards but aren't yet popular enough to be flying off the shelves. What makes this even better is that beyond getting a great bottle for a decent price, you're also going to be supporting important charities when you buy from this kind of retailer. When every bottle at the wine store costs 20% more in two years, knowing you can pay that same price for a few great charity wines and expect the company to give something back with your money might take some of the sting out of the climbing price tag.
Charity wines are just one of the methods to which people will turn in another year when their favorite bottle of California Cabernet is no longer the steal they've been used to. But it's one of the best ways to deal with these unfortunate circumstances, as it lets you get something more than just wine from your purchase.
by: John V
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