Fonterra is signalling a full-year loss of up to $675 million for 2018-19.
There can be little doubt that 2019 was a pretty special vintage in more ways than one, Stress free in terms of major weather events, a summer that kept on keeping on, once it finally arrived, and fruit that winemakers dream about. (See Vintage 2019 on page 12).
But it will also be remembered as the vintage that nearly broke some grower’s backs in places like Marlborough, where the brilliant summer conditions saw irrigation consents being shut off for weeks on end. A sure sign of climate change? Yes, but also a warning that not having a secure water supply puts your vines and livelihood at risk. This issue we take a closer look at the water scenario in our country’s largest region. (Page 20)
Just recently Rabobank confirmed that exports of New Zealand wine were on track to grow by around $60m in 2019, representing a four percent YOY change. That’s great news for all, especially in times of uncertainty with trade wars and Brexit looming. It means our wines are getting out there to more and more internationals. So NZWinegrower decided to see how New Zealanders abroad view our wine industry. This issue Marc Checkley, who is a broadcaster, tv producer and director, now living in Switzerland, shares his views on our successes and our challenges abroad.
Plus check out what is coming up in the weeks ahead – NZW Grape Days, Organic and Biodynamic Winegrowing Conference, Young Vit of the Year and Young Winemaker of the Year. Lots to read about as you hunker down for the cooler months.