Nayla Razzouk of Bloomberg reports that France, the world leader in wine production, is salvaging what’s left to harvest after bad weather destroyed much of the 2024 crop. Razzouk writes:
Franceโs wine production for 2024 is seen dropping 22% in 2024 due to bad weather across all growing areas.
Output in the worldโs top wineย producerย is likely to be 37.5 million hectoliters this year, which is also 15% below the five-year average, according to an agriculture ministryย reportย citing estimates to Oct.1.
โThis decrease is due to the unfavorable weather conditions which impacted all wine-growing areas,โ said the report. All types of wines are likely to see a drop in production, particularly those from Burgundy, Beaujolais and Champagne and wines intended for the production of brandy. […]
Bad weather has also damaged other crops across France, the European Unionโs biggest agricultural producer. Soft-wheat harvest is seenย plungingย to the lowest in 40 years. Last month marked theย wettest September in 25 years, according to Mรฉtรฉo-France.
Read more here.