Login ID:
Password:
Partner Login
Contact Us : 7066511911

NZ Making Less Wine, but Exporting a Lot More of It -- Market Talk

6 Mar 2017 2:22 am
 

0222 GMT [Dow Jones] New Zealand is expect to produce 301 million liters of wine, or 3% less wine in 2017 on year but will see exports grow 8% on year, says the US Department of Agriculture in a note. "All industry indications point to overseas demand continuing to be robust and wine exporters continuing to be in a grow mode." The USDA estimates that 310 million liters of wine was produced in 2016--this was forecast lower due to damage caused by a significant earthquake in November 2016.(lucy.craymer@wsj.com; @lucy_craymer)
 
 

(END) Dow Jones Newswires

March 05, 2017 21:22 ET (02:22 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Disclaimer
Top 5 Special Reports
Weekly: ICE Raw Sugar Ends Nearly Flat Aided By Strong...
USD/INR (Jun. 20) Consolidating in a Multi-Week Rang...
USD/INR (Jun. 20) Consolidating in a Multi-Week Rang...
USD/INR (May 20) Consolidating in a Multi-Week Range...
Cotton Yarn Prices Set To Slide About 9%; Buying Oppor...