Rory Ramsden – Luxury French Property Finder & Buyer's Agent in south west France
Share the love...

France’s Bordeaux wine industry predicts a €2 billion loss this year due to massive frost damage

Vineyards in Bordeaux, France are expecting a major loss financial loss after their crops were hit with a frost two consecutive days in late April. Between the loss of fifteen to thirty percent of the harvest and the loss of profits, the damage is estimated to cost the wine industry a total of one to two billion euros. It is also estimated that production will plummet by three hundred and fifty million bottles while some producers are at risk of seeing their whole production cease. Many farmers are resorting to extreme measures such as candles, heaters, & helicopters to combat these effects. This comes on the heels of two previous years with reduced productivity due to poor weather and frost.

Key Takeaways:

  • Weather can greatly affect the crops and profit margins of French vineyards.
  • Over 50% of Bordeaux wines were lost due to the harsh weather conditions this year.
  • Of all the varieties that were affected Champagne took the worst losses due to adverse weather.

“France’s total wine output fell 10 percent last year due to adverse weather conditions.”

Read more: http://www.businessinsider.com/r-french-bordeaux-vineyards-could-lose-half-of-harvest-due-to-frost-2017-5

About the Author Rory

Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.

follow me on:

Privacy Preference Center

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

Learn the tips and tricks recommended by a top buyer's agent in south west France

SW France Prime Property Buyer's Guide

Download our in-depth FREE SW France Prime Property Buyer's Guide .