Now is the Perfect Time to Buy Wine.

Jodi Ochstein
For the Love of Wine
2 min readSep 11, 2019

Due to a large excess of grapes, wine prices are about to plummet. As Forbes Food and Drink Contributor, Jill Barth points out in her expertly sourced article, Now Is The Time To Start Your Wine Collection (Even if You Don’t Drink Wine), the wine industry is entering new territory.

“We have now reached the point where we have a large and unhealthy excess in grape supply in all price segments.”

According to Rob McMillan, founder of Silicon Valley Bank’s Wine Division based in Saint Helena, California, “We have now reached the point where we have a large and unhealthy excess in grape supply in all price segments.”

This is good news for consumers, collectors, and wine lovers in general. As Barth points out,

“Some fruit that could have gone into a $50 bottle will go into a $20 bottle instead,” says McMillan. This means that trusted wineries may have some spectacular deals, and that négotiants — those who buy grapes or wine from another producer and label them — could have access to more top-quality fruit.

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Jodi Ochstein
For the Love of Wine

Food Writer. Political Commentator. Network Builder. Public Relations, Brand and Web Developer at http://ochsteinstrategies.com/