Grape Glut Equals Low Prices
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A glut of California grapes and less demand for wine translated to lower prices for Sonoma County grapes last year. The state´s preliminary grape crush report released today shows prices for Sonoma County grapes decreased five percent to $2,055 a ton. That was the first decrease for Sonoma County in ten years. The average price for California grapes dropped 17 percent in 2002. Napa County had a four percent increase to more than $2,900 a ton. That was the state´s highest price.
The state Department of Food and Agriculture´s grape crush report is often used by the wine industry to set future grape prices. The report tracks actual grape sales, and doesn´t include the value of unsold grapes.
