SA White House Grape Prices Hit Rock Bottom
Prices for Australian white wine grapes are expected to collapse this vintage because of oversupply. Riverland growers may see prices drop to $80-$120 per tonne while production expenses are, above $350. Those who switched from red to varieties now confront yet another challenge. Amanda Dimas replaced shiraz with chardonnay. Describes the situation as a harsh blow. Riverland Wine sent a letter to Premier Malinauskas describing the circumstances as disastrous. The state government is reviewing the appeal. Has committed $15m to support initiatives. Diversification to other crops faces risks of creating new oversupply problems.