KDY 0.00% 2.7¢ kaddy limited

One thing to keep in mind with the bigger vintage, with China...

  1. 378 Posts.
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    One thing to keep in mind with the bigger vintage, with China tariffs it has created a perfect storm for the wine industry. Wineries need to sell all that extra wine somewhere, the golden sweet and sour goose is cooked. Bulk wine prices have halved this year, we are only 8 months away from picking again. Wineries are full. High end Penfolds grapes (from growers not the company owned vineyards) were left on the vines or sold for a fraction of their value to other companies.

    It is going to be a tough 12 months for the wine industry. if they can save a little through DW8 logistics, reach greater audiences through the marketplace and save on distribution costs then wine companies will look to jump on board as "word of mouth" continues.
 
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