26 Apr 2018 – “Worldwide Wine Output Collapses To 60-Year Low, Sparks Fears Of Major Shortage,” says zerohedge.com headline.
The Director-General of the International Organization of Vine and Wine, Jean-Marie Aurand, warned that global wine production collapsed in 2017, with a contraction of 8.6 percent compared with 2016. In fact, global wine output dropped to its lowest levels since 1957, primarily due to poor weather in the Eurozone which slashed production across the entire bloc.
In France, vinters reported “widespread damage in Bordeaux, Burgundy, and Champagne, with some losing their entire 2017 crop.
H/T to Ice Age Now Read the full report HERE.