Grape Growers in Australia Ditch Their Harvest
More bad news for the Australian wine industries, they are experiencing a major grape glut. Grape growers located in South Australia's Riverland may lose millions of dollars in direct income which could amount in several hundred million dollars of loss for the local economy. The wine growers are dumping their grapes on the ground because they cannot sell them for a decent return.The prices offered are below the cost of production. Wine growers are upset and the Winegrape Growers Association is staging a rally later this month. The situation mirrors one that we heard about occurring in Chile last month.