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Tuesday, November 11, 2008

Aussies thirsty for NZ wines

Recent figures show New Zealand's table wine, contributed to the biggest growth in wine sales across the Tasman.

They accounted for $219 million in off premise sales in the year ending July.

Nielsen spokesman Michael Walton says New Zealand is dominating the Australian wine market, saying after doing analysis of all the Australian wine regions, found that New Zealand had grown the most.

Walton says New Zealand wine increased its value share of the Aussie market by 3%.

Thursday, October 30, 2008

Wine harvest up by a third

A high Australian wine crush will see the sector's surplus continue, according to Winemakers Federation of Australia chief executive Stephen Strachan.

Australia’s wine crush grew by nearly a third in 2008 to 1,830,673 tonnes, according to new figures from the Australian Bureau of Statistics.

The figure was an increase of 433,323 tonnes on the 2006/2007 crush.

But Mr Strachan said the industry needed to downsize.

``We have been in surplus all this year, though not as extreme as up until 2006,’’ Mr Strachan said.

``We need adjustment in the industry…it’s starting to happen.’’

Sunday, October 19, 2008

Australians map wine yeast code

Australian wine researchers have become the first in the world to map the genetic code for wine yeast.

Researchers from the Australian Wine Research Institute started work on the code this year, after a four-year head start for their northern hemisphere counterparts.

The Institute's managing director, Professor Sakkie Pretorius, says the discovery means new strains of yeast can be developed without genetic engineering.

"To tailor-make your wine making process in such a way that you can shape your aroma profile, or the composition of your wine according to market specifications is absolutely critical, and that critical element in that process is the choice of yeast," he said.

Tuesday, September 30, 2008

Hanging with Australia's finest

It's a good week when two of Australia's most talented winemakers are in town.

That was the case recently when Penfolds' Peter Gago and Yalumba's Jane Ferrari were in Calgary.

Gago is the chief winemaker for Penfolds, and a tireless ambassador for the winery. His knowledge and relaxed demeanour make him one of the most charismatic wine educators in the business. When he's not overseeing Penfolds' considerable array of wines, he's on the road conducting re-corking clinics and hosting Rewards of Patience tastings.

Tuesday, September 2, 2008

Wine giant cuts assets

The restructure of its Australian operations announced by the world's largest beverage company Constellation Wine Australia could be just the start of a glut of wine industry assets on the market by the end of this year.

The company will be putting three of its winemaking facilities on the market, valued at about $200 million, rationalising its packaging operations, increasing prices, cutting its workforce and shedding about a third of the labels under its brand names.

At the same time, another beverage giant, Foster's Group, is also reviewing its Australian wine operations and there is speculation in the business media that the industry could be seeing a preview of the outcome.

CWA will be selling its winemaking facilities at Clare and Padthaway in South Australia, and Mount Barker in Western Australia, streamlining its product portfolio and adjusting fruit sourcing requirements to suit.

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