4845 Old Redwood Highway, Santa Rosa, CA, United States of America, 95403
Feeds
Turrentine Market Update, March 2024
Waiting Game
By Steve Fredricks
In the ever-evolving narrative of the wine industry, the cadence of buyers’ decision making often moves to the rhythm of market cycles. The quick decisions and immediate transactions of 2021 and 2022 are behind us and have been replaced by a market where buyers, acutely aware of the consumer demand challenges, excess supply, and the luxury to gauge the development of the 2024 crop, aren’t in much of a hurry to secure their needs. This isn’t to say that supply is not moving, it is and the number of transactions is comparable to last year, but contracted quantities are less.
In this issue, we will explore the effects of this strategic ‘Waiting Game’, and how collective breath-taking is impacting market dynamics and influencing pricing strategies from both a domestic and global perspective following our recent trip to ProWein.
- International Update 2
- Regional Highlights 3
- Bulk Market Update 4
- Cabernet Sauvignon 5
- Chardonnay 5
- Pinot Noir 6
- Sauvignon Blanc 6
- Other Varieties 6
- Conclusion 7
- Turrentine on the Road 7
- Market Opportunities 8
About
We offer a broad range of agricultural loan, leasing and insurance services from orchard, timber, row crops, winery and livestock financing to equipment leasing and construction financing.
Celebrating over 100 years of financial services, American AgCredit is a member of the Farm Credit System. As the 5th largest lending cooperative in the U.S. with lending assets in excess of $8 billion, American AgCredit specializes in providing financial services to farmers and ranchers throughout California, Nevada, Kansas, Oklahoma, Colorado and Northern New Mexico.
For more information about American AgCredit's financial services, call 800-800-4865 or visit www.agloan.com
Whether you're buying land for production or construction, installing irrigation systems or need to cover your accounts receivable, we have a program designed to help your business grow.
Every agricultural operation depends on reliable equipment. With today’s level of investment in field and facility equipment, leasing provides an alternative to the cost of purchasing while protecting your operation against obsolescence by allowing new equipment and technology to be acquired without a great cash outlay.
Tractors
Harvesting Equipment
Buildings
Packing Equipment and Bins
Above Ground Irrigation Systems
…and much more
At American AgCredit we know an investment lost due to crop failure or natural disaster is capital that can never be recovered by your operation. That’s why we offer crop insurance products to protect your investment while it’s still in the field.
Contact
Contact List
| Title | Name | Phone | Extension | |
|---|---|---|---|---|
| Vice President, Vineyard & Winery Group | BJ Bertacco | wbertacco@agloan.com | 707-521-7680 | |
| Vice President, Lending | Alex Klein | aklein@agloan.com | 707-521-7683 |
Location List
| Locations | Address | State | Country | Zip Code |
|---|---|---|---|---|
| Mailing | PO Box 1120, Santa Rosa | CA | United States of America | 95403 |
| American AgCredit | 4845 Old Redwood Highway, Santa Rosa | CA | United States of America | 95403 |
List of Locations
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