Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

New Zealand’s Vintage 2012 is Underway

2 March 2011


New Zealand’s Vintage 2012 is Underway


The first grapes of the 2012 New Zealand grape harvest have been picked in northern regions amid high hopes for a vintage which has started later than recent years.

“Like much of New Zealand, many of our grape growing regions have the experienced a slightly cooler summer this year. This means a longer, slower ripening period for vintage 2012, but it should mean good flavours in the grapes” said New Zealand Winegrowers Chief Executive Officer Philip Gregan.

“The weather has also impacted the flowering and fruit set in some regions, reducing the size of the crop as a result. At this stage, based on our recent Pre-Vintage Survey of wineries, our current estimate is for a harvest of around 300,000 tonnes of grapes, down from the record 328,000 tonnes in 2011.”

Mr Gregan noted however that pre-vintage estimates of crop size are not an exact science. “With the variable crops that wineries have reported, this makes crop estimation more difficult than normal. Accordingly, the harvest could be up to 20,000 tonnes smaller or larger than our current estimate.”

Mr Gregan said growers and wineries were hoping for a typical New Zealand autumn to deliver the final quality flourish to the vintage. “The next six to eight weeks will be all important in determining a high quality outcome for the vintage. In recent years our wine regions have benefited from some superb ‘Indian summers’ and we are very hopeful this will repeated again in 2012.’


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>