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Radvanyi Update February 2014, Drought Impact

February 22, 2014

Janos Radvanyi has published a detailed one page update on the current drought impact on this harvest 2013 and the future.

Radvanyi UPDATE - FEBRUARY 2014
CALIFORNIA GRAPE CRUSH REPORT
• The 2013 crop of 4.23 M tons beats California’s previous record of 4.018 M Tons.
• The output, while large, was in-line with industry expectations.
• Growers and vintners scrambled for tank space during the harvest.
• Cabernet Sauvignon was up 5.1% from 2012.
• Chardonnay set a new state record with 755,500 tons, up 2.7%, beating both
the 2005 and 2012 vintages.
• Muscat grape varieties posted the strongest gains, up 60% from 2012.
• The 2013 Pinot Noir crop is now on record as the largest crop in California
history with 257,000 tons, up 3.4% from 2012. !
CALIFORNIA WINE REPORT
• The 2012 crop resulted in a dramatic increase in bulk wine supply, which
carried over into the 2013 harvest.
• Another record crush has left wineries with two large vintages of bulk
inventory to move through the system.
• Sizable 2012 CA inventories still remain on Cabernet Sauvignon, Chardonnay
and Merlot but the largest in volume is Zinfandel.
• Significant 2013 supply has already appeared for Cabernet Sauvignon,
Zinfandel, and Chardonnay.
• Zinfandel is greatest volume of the state’s bulk inventory coming from the two
vintages.
• To date, expectations are that the 2014 harvest will start with wine in the
tanks, and that the bottom has not yet been reached.