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2010 Crop of Winegrapes Down 3%
The Preliminary California Grape Crush Report released today shows the total crop of winegrapes harvested in 2010 was 3.58 million tons, down only 3% from 2009, making 2010 the third largest crop in history after 2009 and 2005. “Perhaps the most important news for the California wine industry is that Interior region Cabernet Sauvignon production Read more
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An update from our friends in Argentina
Turrentine Brokerage fosters structured strategic relationships with strong brokers in major wine growing regions around the world. Following, is an update from Jaime Lagos of San Nicolas Wine Services, our strategic alliance partner in Argentina, discussing the bulk wine market in Argentina as the 2011 harvest approaches. Please contact Turrentine Brokerage if you have any Read more
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Wines & Vines – Lucrative Wine Market
Bill Turrentine, Chairman of the Board at Turrentine Brokerage, was spotlighted in a recent article posted on Wines & Vines. “The United States is “by far the most lucrative wine market in the world,” according to Bill Turrentine, and that’s both a blessing and a curse. Turrentine, chairman of the board for Turrentine Brokerage, Read more
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Bill Turrentine to Present @ Unified
Bill Turrentine presenting at Unified 2011! The presentation is at the general session on Thursday. Together with Economist Dan Sumner and Jeff O’Neill, owner of O’Neill Wineries and Distilleries and Bill will be discussing the global character of the wine business. His part of the presentation will look at the different effects of globalization on Read more
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Find Turrentine At Unified
The Turrentine Brokerage team will be present at booth 1310 of the Unified Wine and Grape Symposium, Wednesday and Thursday January 26th and 27th. Come by to get an update on the dynamic market for California bulk wine and grapes. Janko Pelagic of CIVS, our strategic alliance partner from Europe, will also be attending and Read more
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You’re Fired!
What? I thought I did a good job! I performed by meeting your expectations (perhaps exceeding them, given the market) and placed your grapes, in a down market, on a multi-year contract with a good price. And now that the market has picked up, you don’t need our services? In essence, what you’re saying is, Read more
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Bulk Wine 101
As the bulk wine activity ramps back up after the 2010 harvest it is very good to remember the importance of properly prepared samples. Below is a reprint an article written by Bill Turrentine from the Turrentine Brokerage “Market Update” newsletter December 2002. OK, we admit that selling wine in bulk is not the most Read more
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Turrentine Brokerage Adds Marc Cuneo to Its Staff
Turrentine Brokerage announced today that Marc Cuneo has joined the company as a broker. A member of the Sebastiani wine family, Cuneo has managed vineyards, crushed and fermented grapes, and has worked in sales for both Sebastiani Vineyards and for a major distributor. At Turrentine Brokerage, he will put his experience to work helping wineries Read more
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Turrentine Outlook: Inventory, Supply and a Shifting Market
You cannot have a strong market without strong sales. These days, the wine business boasts strong sales only for a few items and select brands, most of them in the bargain category. For many brands retailing more than $10 per bottle, volume has recovered substantially, but margins are under severe pressure due to sales that Read more
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Turrentine in the News: Tough market for grape growers
Matt Turrentine, Central Coast Grape Broker, was quoted in the San Luis Obispo Tribune where he discussed the recession’s effect on the Central Coast grape market. Click on the link to read the original article posted Friday, October 22, 2010. http://www.sanluisobispo.com/2010/10/21/1338199/biz-buzz-tough-market-for-grape.html Matt Turrentine Grape Broker