7599 Redwood Blvd Ste 103, Novato, CA, United States of America, 94945
Our latest Sustainable Winegrowing podcast episode brings together two of Turrentine Brokerage’s leading experts—Audra Cooper, Director of Grape Brokerage, and Eddie Urman, Central Coast Grape Broker—to explore how the wine industry can navigate a market defined by oversupply, shifting demand, and the growing push for sustainability.
Play Episode 269: From Surplus to Strategy
Audra Cooper
With nearly two decades at Turrentine Brokerage, Audra leads our grape brokerage team. A Central Coast native with a background in Agricultural Economics (CSU Fresno) and strategic management, Audra champions data-driven strategies to keep clients ahead of market shifts.
Eddie Urman
A Paso Robles native and Cal Poly alum, Eddie brings over ten years of vineyard management and brokerage experience to his role as Central Coast Grape Broker. Known for his deep grower relationships and hands-on market analysis, Eddie helps clients turn changing supply and demand into opportunity.
In an industry where planting decisions happen years before harvest, staying ahead of market trends is non-negotiable. Audra and Eddie share actionable strategies to:
Whether you’re a grower planning next season’s tonnage or a winery looking to source quality fruit, this episode delivers the insights you need to turn today’s challenges into tomorrow’s opportunities.
By Steve Fredricks
As we have reported over the last several days, the California's 2024 wine grape harvest was significantly lower than recent years, representing the smallest crop since 2004. This decline is attributed to a reduction in grape acreage, lack of demand for grapes, and statewide heat waves, with the heat having an especially strong impact on the crop size in the Central Valley and the Central Coast. White grapes crushed were nearly equal to reds in 2024 with a difference of just 33k tons between them. For perspective, going back through 2000, red grapes were on average about 500,000 tons greater. This signifies weak grape and wine demand, acreage removals for red grapes, and a consumer preference shift toward white wines. The majority of this difference in tons crushed was due to the fewer red grapes harvested in the southern interior and in the Central Coast. Central Valley white varieties available late in the season were sold for use in concentrate.
Of the key grape varieties where there was a significant reduction in tons crushed, Cabernet Sauvignon had the most notable decrease compared to both last year and the five-year average. Sauvignon Blanc, particularly in the Central Coast, was impacted by heat leading to lower yields. There was also a decrease in tons crushed due to heat for Central Coast Pinot Noir and, to a lesser extent, Chardonnay.
Despite the historically record low demand for grape contracts in 2024, the preliminary average price per ton is the second highest on record, surpassed only by 2023. This seemingly paradoxical situation is due to the majority of grapes being under a multi-year contract signed in previous years, some of which include price escalation clauses, and the fact that fewer tons were contracted in 2024 with tons going unharvested or custom crushed by growers. These unsold and unharvested grapes are not included in the Crush Report’s calculation of average prices, resulting in artificially high district average prices. Despite a very light crop, the industry will continue to face ongoing oversupply issues in the near future. This is perhaps best illustrated by Turrentine’s statewide bulk wine graph, which shows near record volumes actively for sale. Even before the 2024 vintage lots were starting to be listed in October, roughly 22 million gallons were available—more than at the peak of any of the last 20 years, except for 2023 and after the record 2018 harvest (nearly 4.3 million tons crushed). The industry is still correcting via acreage removals and trying to gauge the current level of consumer demand to find a new equilibrium. Further bulk wine and casegood inventory reductions are likely, and we are seeing increased discounting by wineries for both bulk wine and casegoods to accelerate this process. However, until consumer sales stabilize, or even rebound, continuing challenges are likely.
Turrentine Brokerage is proud to be a sponsor and exhibitor at WiVi Central Coast 2025, the conference and trade show for the Central Coast wine industry. This must-attend event is happening on March 13, 2025, at the Paso Robles Event Center, bringing together top professionals, growers, and wineries to discuss key market trends and innovations.
Our team will be there to connect with industry leaders and share insights into the current grape and bulk wine market. Representing Turrentine Brokerage at WiVi will be:
This is a great opportunity to stop by our booth, catch up with our brokers, and discuss how Turrentine can help you navigate the 2025 harvest season and beyond. Whether you’re looking for strategic market insights, assistance with grape or bulk wine sales, or just want to say hello, we’d love to connect with you!
In addition to networking, WiVi Central Coast features educational seminars, exhibitor showcases, and industry networking designed to keep you informed and prepared for the evolving wine market.
We look forward to seeing you at WiVi! Be sure to visit the Turrentine Brokerage booth and connect with our team.
For more details and to register, visit WiVi Central Coast.
The Turrentine Brokerage Grape Team is ready to break down the 2024 Grape Crush report for you in a special live-streamed event hosted by American Vineyard Magazine. This is your opportunity to gain insights into what the numbers mean for growers, wineries, and the wine industry at large.
The Grape Crush Report is a key market indicator, influencing decision-making for vineyard owners, grape buyers, and wine producers. With shifting trends in grape supply, pricing, and demand, it’s essential to have a clear understanding of how the market is shaping up for 2024 and beyond.
Date: Friday, February 21, 2025
Time: 10:00 AM PST
Where: Online live stream
Register Here: Click to Sign Up
Key statistics and trends from the 2024 Grape Crush Report
Regional breakdowns of supply, demand, and pricing
Expert analysis from the Turrentine Grape Team
Market predictions for the 2025 harvest and beyond
Whether you’re a grower, winemaker, or industry professional, this is a must-watch event to stay informed and ahead of market trends. Don’t miss out—register today!
NOVATO, CA - “The fact that the 2024 California wine grape crop was 2.844 million tons is nothing short of shocking. Although the 2024 crop was generally light, and overall demand was lackluster, the industry has not seen a crop this low since 2004,” according to Audra Cooper, Director of Grape Brokerage of Turrentine Brokerage. With grape acreage being removed (and the process continuing), and growers employing mothballing techniques on some of their less marketable blocks, the question now arises: Do we have enough wine grapes for the future growth of the California wine business?
According to Brian Clements, Vice President of Turrentine Brokerage, “The 2023 harvest of 3.685 million tons was a major contributing factor to the industry’s oversupply, despite the approximately 325,000 tons of grapes that were left unpicked due to quality concerns and heavy yields. 2024 brought a historically lighter crop of 2.844 million tons, yet approximately 100,000 tons were still left unharvested, signaling ongoing challenges for buyers and sellers as we continue to navigate the 2025 market.”
Currently, the California wine industry is facing an unprecedented downturn driven by economic pressures, changing consumer preferences, and an emerging generation that favors alternative beverages over traditional wine. “With this in mind,” Steve Fredricks, President of Turrentine Brokerage states, “district average prices do not completely capture the challenged 2024 grape market, as the majority of grapes harvested and reported in Table 4 were contracted in previous years.” In reality, the spot market showed significant softness, evidenced by the substantial volume of bulk wine available from various regions.
“Some double-edged news was contained in the crush report”, according to Cooper; “The total California Cabernet Sauvignon crop was down 31% from 2023 and 22% from the five-year average. While damaging to those who grow Cabernet Sauvignon, this decrease is helpful in balancing the oversupply from previous vintages.”
The total tonnage of grapes crushed in the North Coast also reflects this market slowdown, decreasing from 576,744 tons in 2023 to 483,424 tons in 2024, a 16% decrease. This reduction stemmed from significantly lower winery demand and substantial crop losses due to late-season heat waves.
The average price per ton for Napa Cabernet Sauvignon fractionally decreased from the previous record high of $9,067 in 2023 to $8,969 in 2024, as reported in the preliminary report. “This decrease was largely influenced by contracted grapes from prior years still under term in 2024,” according to Christian Klier, North Coast Grape Broker of Turrentine Brokerage.
Mother Nature brought multiple heat waves, significantly impacting the Central Coast’s 2024 grape harvest and resulting in historically lower yields per acre across most varieties. Sauvignon Blanc served as an early indicator of this decline, with extraordinarily light yields, especially in Paso Robles and Monterey County. Despite new acreage coming into production, the Central Coast Sauvignon Blanc crop reached only 18,176 tons—a dramatic 32% decrease from the previous year. Despite these light yields, there has been little early demand on the bulk wine market, which is a statewide trend. District 8 Cabernet Sauvignon production also suffered dramatically, falling to 55,146 tons, the lowest since 2015. According to Eddie Urman, Turrentine’s Central Coast grape broker, this prompted “late-season replacement demand,” as wineries sought to fulfill supply needs.
Monterey County growers and wineries experienced similar challenges, with Pinot Noir and Chardonnay yields falling 15% and 17%, respectively, below the five-year average. These varieties faced a challenging market due to weak demand, reflected in a district average price of $1,158 for Chardonnay.
The Central Valley experienced its smallest wine grape production in 20 years. This decline resulted from a combination of factors, including continued decreased demand leading to unharvested grapes, the most significant vineyard removals in the state, and heat waves this past summer. While there was limited late-season demand for white varieties, primarily for concentrate, there was very little demand throughout the year for red varieties. According to Mike Needham, Central Valley Grape Broker for Turrentine Brokerage, “A leading example is Cabernet Sauvignon, which decreased in volume by 29% in Lodi and 36% in the southern interior compared to 2023. It was further exemplified by the lowest Lodi Chardonnay crop since 2001.”
About Turrentine Brokerage
Turrentine Brokerage, founded in 1973, serves as trusted and strategic advisors to growers, wineries, and financiers and specializes in the strategic sourcing of wine grapes and bulk wine from the major growing areas across the globe. Working with thousands of wineries worldwide, and with over 2,000 growers, this experienced team has negotiated transactions between buyers and sellers valued at more than $3 billion over the past decade.
The 2024 vintage presented unique challenges and opportunities for growers and wineries across California. As we navigate shifting market dynamics, weather patterns, and evolving consumer trends, staying informed is more important than ever. That’s why Turrentine Brokerage is excited to participate in the upcoming Paso Robles Wine Country Alliance (PRWCA) Vit Tech Seminar: 2024 Vintage Recap & Lessons for the Future, taking place in February 2025.
Audra Cooper, Director of Grape Brokerage / Partner of Turrentine Brokerage will provide a review of the 2024 vintage and current market, then will moderate a panel discussion that covers multiple perspectives of the 2024 vintage, its impact on the wine and bulk market, as well as predictions for the future.
Panelists include:
Why This Seminar Matters
The Vit Tech Seminar is an essential event for industry professionals looking to gain a competitive edge. This year’s recap will help growers and winemakers make informed decisions in an increasingly complex marketplace. In addition to Audra’s market analysis, the seminar will feature vineyard management strategies, sustainability practices, and insights from other industry leaders.
Whether you’re a grower, winemaker, or industry partner, this is a valuable opportunity to engage with experts, ask questions, and walk away with actionable insights for the future.
Join Us in Paso Robles
We invite you to attend and hear Audra’s expert take on the state of the market. Stay tuned for more details on event registration and the full speaker lineup. We look forward to seeing you there!
For more information, visit the Paso Robles Wine Country Alliance event page.
By Steve Fredricks
It is a new year and, like an Etch A Sketch, we’re hoping that the supply markets have been shaken enough over the last couple years to wipe the slate clean and allow wineries to more actively source supply in 2025. The smaller 2024 crop will help move the market cycle forward by bringing markets towards balance through reduced supply, but unlikely to greatly alter recent market dynamics until consumer demand stabilizes or increases.
As always, Turrentine has early information on key market trends from what was delivered in our grape transactions as well as analysis of early bulk market supply and demand. Based upon the information we have, so far, these early data points indicate that wineries' and growers' efforts to reduce oversupply have been successful. We have more bulk buyers in the market and more wine is selling than last year at this time. Moreover, the conversations with wineries are more about getting deals done and less about listing their grapes for sale.
Detailed tonnage figures will be released in the Preliminary Crush Report on February 10th. Regardless of total crop size, as always, it will be important to drill down by region and variety to know what may or may not be impactful. Following the Crush Report release, we will release our key takeaways to the markets for bulk wine and grapes in 2025.
In addition to the upcoming Crush news, it will be good to see everyone at the Unified Symposium this year and share more of our market insights. We will be in our regular spot at Booth #515, so please come say hello. Also, come and see Audra Cooper present at the Industry Hot Topics session on January 29th at 1PM.
Turrentine Brokerage is thrilled to announce that Audra Cooper, our Director of Grape Brokerage and Partner, will be speaking at the Unified Wine & Grape Symposium in Sacramento. This annual event is one of the largest gatherings of wine and grape professionals, bringing together industry leaders to discuss the most pressing topics shaping the future of wine.
Audra will be a featured speaker during the Industry Hot Topics session on Wednesday January 29, 2025 at 12:45 pm – 2:15 pm, sharing her insights and expertise on the evolving dynamics of the grape and wine markets. With years of experience navigating the complexities of California’s North Coast and Central Coast vineyard regions, Audra offers a wealth of knowledge that growers, wineries, and industry professionals won’t want to miss. You can learn more about the session here.
Turrentine Brokerage will have a booth at the Unified tradeshow. Stop by Booth #515, located on Level 1: Exhibit Halls A-D, to meet our team and learn how we can assist with your grape and bulk wine needs. Whether you’re looking to source grapes, find bulk wine opportunities, or gain market insights, our experienced brokers are here to help.
The Unified Symposium offers an unparalleled opportunity to connect with experts, explore the latest innovations, and gain actionable knowledge to help your business thrive. Be sure to mark your calendars for Audra’s panel and visit us at Booth #515 to say hello and learn more about how we can support your sourcing goals for 2025.
We look forward to seeing you in Sacramento!
By Steve Fredricks
As the 2024 harvest concludes, the Thanksgiving holiday approaches, and the year draws to a close, it's a natural time for reflection and giving thanks. While it's easy to get caught up in the current negativity caused by slow consumer sales and oversupply, let's appreciate a few of the positives—both in the past year and the one ahead.
We can be thankful the 2024 harvest was earlier, smoother, and lighter than in 2023. And, despite the multiple heat events throughout California, winemakers' feedback has been positive to excellent regarding the vintage's quality thus far. This presents continued opportunities for the industry, as wine quality for consumers is better than ever with diverse styles.
We can also be thankful that beyond the vines and wines, there is a growing awareness and an increasing sense of collaboration to address and turn the tide of our global consumer sales challenges. There will not be one singular solution to address the consumption challenges and improve the market; instead, many initiatives will be needed. One such initiative by the California Wine Institute outlined a marketing message specifically targeted at Zillennials—a crossover of younger generations— which can be applied in many ways in support of promoting wine. The key finding from their research showed that younger generations expressed a longing for more face-to-face time with friends and family. As we all know, wine is a perfect beverage for sharing—one that lubricates conversation and, as they describe, “Cultivates Togetherness.” This idea of promoting wine as the perfect beverage to foster and enhance togetherness was also a central part of the successful inaugural “Come Over October,” or “COO.” This desire from Zillennials presents a unique opportunity for the wine industry to capitalize on. These types of efforts that are mounting globally, but the marketing efforts to promote wine will need to be a collective effort.
To read more about various initiatives, we encourage you to visit the Wine Industry Network website page which was created to be a hub for these industry efforts. Mike Veseth has also done a good job consolidating various global efforts in a recent Wine Economist article. We encourage you to find what efforts resonate with your business and ways to join in the effort to promote the responsible consumption of wine.
While not everything is positive, there is still plenty to be thankful for right now. Let us all share in the festive spirit of getting together with friends, family, and a bottle of wine or two for the Thanksgiving and Christmas holidays. Let this time remind us of the benefits wine adds to these occasions, the strength we find in community, and help promote a thriving future for our industry.
This issue will include a grape harvest summary by region, a look at the bulk market with an emphasis on early demand for 2024 varieties, and an international update.
Turrentine Brokerage sells winegrapes from all California regions and wines in bulk from California and around the world. Turrentine Brokerage serves as a trusted and strategic advisor to deliver customized solutions for growers, wineries and financiers based upon:
Grapes - Wines in bulk - Strategic planning - Global sourcing - Processing - Casegoods
Turrentine Brokerage is dedicated to helping the California wine business by supplying accurate information about supply trends and by providing win/win negotiations. The company works with most of the wineries in California, as well as with wineries in other states and with foreign purchasers of California wines. Turrentine Brokerage also assists many of the state's leading grape growers in marketing their grapes.
Tel: 415/209-9463 fax: 415/209-0079 Website: www.turrentinebrokerage.com
Title | Name | Phone | Extension | |
---|---|---|---|---|
President/Partner | Steve Fredricks | steve@turrentinebrokerage.com | 415-209-9463 | |
Vice President/Partner | Brian Clements | brian@turrentinebrokerage.com | 415-209-9463 | |
Broker/Partner - Grapes | Erica Moyer | erica@turrentinebrokerage.com | 415-209-9463 | |
Broker - Grapes, North Coast | Mike Needham | mike@turrentinebrokerage.com | 415-209-9463 | |
Broker/Partner - Bulk Wine | Steve Robertson | stever@turrentinebrokerage.com | 415-209-9463 | |
Broker - Bulk Wine | William Goebel | william@turrentinebrokerage.com | 415-209-9463 | |
Broker/Partner - Grapes, Central Coast | Audra Cooper | audra@turrentinebrokerage.com | 415-209-9463 | |
Broker/Partner - Bulk Wine | Marc Cuneo | marc@turrentinebrokerage.com | 415-209-9463 | |
National Sales Manager, Strategic Brands | Bryan Foster | bryan@turrentinebrokerage.com | 415-209-9463 |
Locations | Address | State | Country | Zip Code |
---|---|---|---|---|
Turrentine Brokerage | 7599 Redwood Blvd Ste 103, Novato | CA | United States of America | 94945 |