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Allegrini 2018
HARVEST IN EUROPE

Grape harvest predictions are criticized, but reliable

Italy, France and Spain are preparing for a grape harvest redemption this year

Italy, France and Spain are preparing for a grape harvest redemption this year, according to forecasts. Ismea, the agri food market services and Uiv, the Italian wines union are talking about 46 million hectoliters, and Agreste, the statistics service of the Ministry of Agriculture in France predicts the same numbers as Italy, i.e., 46 million hectoliters, while forecasts for the Agri-Food Cooperatives in Spain are 42-43 million hectoliters. These forecasts are based on data from July, and before grapes are actually in the cellars, a situation which we often say should be taken with a grain of salt. France has been in the center of much criticism recently because buyers have been trying to push down bulk prices. Agreste, however, refused to accept this and released indisputable data. Since 2014, forecasts have been published around July 20th, and the margin of error has never exceeded 3%...

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