Margaret river this year has done very well relative to the rest of the wine growing areas. The wine lake is shrinking fast and bulk wine prices have doubled which augers well for price rises in the ETW range, although exports to UK down, but USA looking better.
Now the concern is the rising AUD, damn and blast.
however if no water in the Murray for irrigation then a low 2008 harvest is assured. An ironic plus due to drought
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