8th June, 2017 by Lucy Shaw
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The price of Cabernet grapes in Napa is at an all-time high, with experts warning that some appellations in the region are “in jeopardy of becoming mono-varietal”.
King Cabernet – prices of Cabernet in Napa are at an all-time high
As reported by Wines & Vines, prices and demand for Cabernet grapes shrunk during the 2008 recession but have been on the rise since 2010 with Napa fruit now selling for up to $7,000 a tonne.
“Any land in the Napa Valley that can be planted to Cabernet and produce a good crop of Cabernet is being planted today, and they can make a call and sell the fruit for $7,000,” Tony Correia, president of consultancy firm The Correia Co., said during the….
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