Sustainable prices for California wine grape growers will continuefor at least the next three years, said Jeff Bitter of Allied GrapeGrowers. "I think California wine grape growers will enjoy good strongprices for the next three years or so. I don"t know ifthey"ll jump up another 25 to 50 percent (from currentprices). That remains to be seen." Many wineries believe the wine grape supply will be short for thenext three to five years. Over the last decade plus,California"s wine grape industry has mimicked a one-wayyo-yo, with lots of downward action with little upward movement.Since last year, this has changed as wine grape growers now enjoyhigher prices. "We"re coming out of a period of a chronic wine grapesurplus in California to a position today of balancedinventories," said Bitter, seated in his leather office chairat Allied"s home office in Fresno, Calif., in mid May. "In addition, we"re also on the cusp of a shortage.When you apply the law of supply and demand, these factors point tothe economically sustainable production of California winegrapes." Bitter is a 15-year Allied Grape Growers" veteran; the lastdecade serving as vice-president alongside Allied President NatDiBuduo. Bitter is a fourth-generation Central Valley grape grower,who along with his wife April, owns and operates a 40-acre vineyardin Madera. Allied is a 61-year-old, grower-owned cooperative which marketswine grapes for about 600 mostly small wine grape growers locatedacross California. The co-op markets members" grapes towineries, but does not buy grapes from its members. Looking at Central Valley wine grape prices, Bitter says varietalgrape prices have rebounded to levels last seen in the pre-surplusdays in the mid-to-late 1990s. "We"re not necessarily talking about all-time pricehighs today for Central Valley growers. Growers are just barelyable to make it for the first time in a decade," Bitter said. California"s estimated 4,600 wine grape growers continue topinch their skin to determine if current higher wine grape pricesare real or a mere dream. Pinch no more. Wine grape growers watched prices fall like an anvil from 2000 to2010 amid times of crop overproduction plus consumer cutbacksduring the economy-stifling Great Recession. The premium wine grapeindustry experienced especially difficult times from late 2008through 2010. California growers produce about 10 percent of the world"swine grape crop – about 3.5 million tons of wine grapes onaverage annually. We are high quality suppliers, our products such as China E40 LED Light , China Indoor LED Spotlights for oversee buyer. To know more, please visits High Power LED Floodlight.
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