Friday, May 27, 2005

French wine sales are still in the dumper.

According to a report in the Wine Spectator the “first quarter of 2005 results show that exports fell 13.2% by volume compared to the fourth quarter of 2004. Regions with the worst showings were Cotes du Rhone, down by 34.7%, and Bordeaux, down 17.7%.”

What this means in practical terms is that if you were boycotting French wine due to their anti-American politics as many Americans have done, but have thought about relaxing your boycott as France, in some ways, tries to make up to the U.S. (sort of) then there ought to be values galore coming from the Cotes du Rhone and Bordeaux regions. Search accordingly! FYI

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