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WEDNESDAY, NOVEMBER 25, 2009
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'07 Not Looking Like Good Year for Bordeaux

Weak quality, futures sales have French winemakers worried

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(Newser) – French winemakers are increasingly worried about fizzling sales of futures from the 2007 Bordeaux harvest, AFP reports. Investors and drinkers are skipping the vintage because they expect little increase in price by the time it's ready to drink in 2009; one merchant says reluctance to trim prices shows "avarice and arrogance" from producers of France's flagship wines.

"People are turning their backs on the 2007 vintage," said one wine merchant worried about Bordeaux losing customers to producers from other regions. "We have had some emails bordering on nasty from the UK, and the silence from America is deafening."

A Spanish wine merchant tastes Bordeaux red wines at the international wine fair.
A Spanish wine merchant tastes Bordeaux red wines at the international wine fair.   (AP Photo/Bob Edme, File)
Wine merchants look at wine bottles and taste Gigondas Cotes du Rhone red wine, from the French Rhone valley, at the international wine fair
Wine merchants look at wine bottles and taste Gigondas Cotes du Rhone red wine, from the French Rhone valley, at the international wine fair "Vinexpo" in Bordeaux, southwestern France, Tuesday, on June...   (AP Photo/Bob Edme)
A bottle of Chateau Latour-Laguens is seen in Saint-Martin du Puy, southwestern France, near Bordeaux, Thursday, Feb. 21, 2008.
A bottle of Chateau Latour-Laguens is seen in Saint-Martin du Puy, southwestern France, near Bordeaux, Thursday, Feb. 21, 2008.   (AP Photo/Bob Edme)
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