California wineries harvested almost 2 million tons of red wine grapes last year, just under the record-breaking numbers harvested in 2005. The result is a lot of red grapes– and wine- in storage. On top of that, moderately priced wines from Spain, Italy and Australia have forced a more competitive marketplace and some of the best wine prices.
What does that mean for you when you buy wine? The best wine prices on some of the best-selling red wines of 2005 and 2006. In addition, wineries have an overload of white wines, so expect to see some Sauvignon Blanc and Chardonnay deals, too.
Read the full story in the LA Times.
Anthony Pierpont Wine Tip of the Day: With record low best wine prices this year, there’s never been a better time to buy that wine cooler you’ve had your eye on… It’s a worthwhile investment for the serious wine drinker!