From Digest #47

California winemakers cheer worst harvest in years as grape volume drops nearly 50% amid cratering sales and tariffs

North America MoneyWise.com 9th October 2026 Market Trends
California winemakers cheer worst harvest in years as grape volume drops nearly 50% amid cratering sales and tariffs

California's grape harvest has plummeted nearly 50%, marking one of the worst years in recent memory, but winemakers are actually seeing it as good news. With sales cratering and tariffs squeezing margins, the reduced supply could help stabilise prices and ease inventory gluts that've been weighing on the industry. It's a rare bright spot in what's otherwise a challenging period for wine producers.

Originally published by MoneyWise.com

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