Recovering economy lifts wine

Capital Press agriculture news (Feb 22 2013) Wine Business

1. Oregon wine producers are poised to benefit from the end of the price-cutting trend that afflicted the wine industry after the recession, experts say.

   In general, prices for higher-end wines rose steadily during 2012, a departure from the "discounting" of recent years, said Christian Miller, proprietor of the Full Glass Research firm.

   "That seems to have reversed, largely," Miller said during the Oregon Wine Symposium in Portland on Feb. 19.

   When consumer spending plummeted during the recession, higher-quality reserve wines were often mixed with less expensive wine to move the product, said Rob McMillan, executive vice president and founder of ...

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