Winegrowers to make less but better wine from this year's grapes
Hungary's winegrowers expect to make less but better wine this year, Csaba Horváth of HNT, Hungary's main winegrowers' association, announced on Friday.
The harvest, which is nearly complete but for a few areas in the Tokaj region in northeast Hungary, is expected to yield about 510,000 tons of grapes, which will be made into 300 million liters of wine, some 20%-25% less than usual, Horváth said. However, good weather late in the summer will make this year's wines exceptional, he added.
Because of the smaller harvest, grape prices have risen 30%-50% from all-time lows last year, with prices for the Szürkebarát and Villány Cabernet varieties rising the most.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.