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Afternoon Brief, Jan. 31

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Trending Story:

Treasury Wine Estates’ profits plunge
There was more disappointment and pain for the long-suffering shareholders of Australias biggest wine producer, Treasury Wine Estates, this week…

Today’s News

Wine market in ‘transition’ for growth in 2014, experts say
California wine producers shipped an estimated 3.6 percent more wine to U.S. markets last year, and higher-end wines such as those made in the North Coast could benefit from a transition in supply and consumer tastes that favor quality and distinctiveness, according to experts at a major wine industry conference Wednesday…

2014 State Water Project allocation now zero
The California Department of Water Resources (DWR) took this action Jan. 31 to conserve the states precious resources and protect Californians health and safety from more severe shortages in the months ahead…

Price Becoming “No. 1 Weapon” in U.S. Wine Market
Heres the good news for consumers: as the number and range of outlets selling wine proliferates, prices are not likely to rise any time soon. In fact, wineries may end up cutting prices in a bid to win shelf space, meaning a lower bill for shoppers at the checkout…

Record Attendance Marks 20th Anniversary of Nation’s Largest Wine & Grape Industry Show

U.S. wine sales up only 2.7 percent in 2013 as competition increases

Chinese Wine Region Establishes Classification Modeled on Bordeaux’s

Why China Surpassed France As World’s Biggest Red Wine Consumer

Virginia Awards Grant For Purcellville Viticulture Center Study

Bill designed to protect Idaho’s wine industry

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Tennessee senate OKs wine bill: Voters may decide on wine sales in grocery stores

Bordeaux faces fight to hit emissions target

Despite obstacles, San Joaquin grape growers confident in wine industry

Solving the Distribution Dilemma at Smaller Wineries

Accolade’s chardonnay results good news for Australia

Suntory eyes the big league

Vineyard & Winery News

Judge sends financier’s winery project back to Sonoma County supervisors

What the Drought Means for California Wine

Door County winemaker says Wisconsin ripe for experimentation

Domaine Chandon Drives Wine Sales by Retargeting Existing Customers

Gallo introduces Columbia’s new wine selections

Lula Cellars of Mendocino to Participate in Anderson Valley Wine Association’s Alsace Wine Festival

Maynard James Keenan Backs Chateau Tumbleweed, a New Arizona Wine

Legendary Racing Family Is En Route to Legendary Status in Wine!

B.R. Cohn Winery: From father to son

Ste. Michelle Posts 5% Volume Growth For 2013

Messina Hof Wins Top Awards at 2014 International Wine Competitions

Texas Hill Country wineries elect board members for 2014

New Brancott Estate wines created

VMF Estates to acquire Cedar Creek Estate Winery

Charleston Winery Works To Offer First Organic Arkansas Wines

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