Question: What is this buzz on cheaper US wine on the way?
Answer: This scribe recently has seen many wine prices going up. Top quality wines including those from a specific place continue to be in demand. There are continuing tariff issues on imported wines as well that are pushing prices up. However overall consumption is down with consumers drinking less but better wines plus turning to craft beers, cocktails, spirits and seltzers among the many other beverage choices. What you are referring to is the increased grape production particularly in California and other states that should lower prices further on table wines. See a more detailed CNN Business report here.
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