Latest data shows California winery surpluses draining. What that means for the industry reset

California’s wine industry has entered 2026 facing a convergence of pressures that few would have …
#wine #Wine #agriculture #BW166 #california #DirecttoConsumer #grapes #JonMoramarco #napacounty #SonomaCounty #TurrentineBrokerage #vineyards #Vinoshipper #winebusiness
https://www.diningandcooking.com/2482255/latest-data-shows-california-winery-surpluses-draining-what-that-means-for-the-industry-reset/

This piece by Jon Moramarco of #BW166 is a great counterpoint to all the doom-and-gloom pieces on wine's future spurred by the recent #SiliconValleyBank report that suggested that #Millennials and #GenZ weren't adopting wine as fast as #Boomers were aging out of prime wine-buying age. But... accounting for demographics shows a much more optimistic story, with every age band increasing their DTC purchases. https://www.bw166.com/2023/02/05/wine-the-glass-is-half-full/

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bw166 - Wine – The Glass is Half Full

Over the past several weeks, two key industry reports have indicated the glass is half empty. First, from Silicon Valley Bank’s State of the Wine Industry Report 2023, one writer recapped, “Younger…

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