Winebits 167: Patty Bogle, grape prices, Champagne sales
• Patty Bogle dies: Bogle, the matriarch of $10 wine powerhouse Bogle Vineyards, has died. She was 59. Patty Bogle and her late husband, Chris, built Bogle Vineyards from 18 acres of grapes into one of the best inexpensive wine producers in the world. The company ships more than 1.2 million cases of wine annually, and Wine Business Monthly ranked Bogle as the country's 14th-largest winery. She was diagnosed in 2007 with leukemia, which eventually killed her. She will be much missed by those of us who appreciate cheap wine.
• Grape prices below break-even? A followup to last week's item about the 2010 grape harvest and low grape prices: California producers say that although grape prices strengthened in 2010 from 2009, 2010 was not a good year and that many of the region’s growers still face below break-even, especially those with expired contracts or grapes that aren't chardonnay or cabernet sauvignon. One analyst says he doesn't expect to see grape prices rebound until the 2012 harvest. Which means at least another two years of consumer-friendly wine prices.
• Champagne sales still flat: The recession hasn't ended for the champagne business, where sales are still 12 1/2 percent behind their 2007 peak and industry officials says they're still worried about the business and its immediate future. On the other hand, reports the just-drinks.com Web site, some producers may be finagling sales figures to prevent the industry officials from releasing excess inventory to the public, which would depress prices. The Wine Curmudgeon, of course, has a solution for champagne, which is too often overpriced. Stop acting like OPEC and let the market determine what your product is worth.