The current plantings would reflect those trees commissioned 4 or 5 years ago when times were good. The issue will come in a few years when there's been no new trees commissioned now to plant then. It's the same for Morrocco where they've had 2 poor years in a row.
Europe's other issue will be most of the groves are inefficiently planted. Many small operations and quite labour intensive. Compare that the the new state-of-the-art picking machine that Cobram just unveiled last year, with groves planned in advance to use that type of technology.
The same thing kind-of happened to European Wine. It was the only real choice for so long, now it's been overtaken by the new world labels.
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