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Balanced Reporting. Trusted Insights.
Thursday, December 07, 2023
Wine consumption is plateauing even as value-priced wines decline in sales amid a growing market for higher-priced, premium wines, says Chris Bitter, senior wine and grape analyst at Terrain, an agricultural analysis firm.
While rising inflation has significant impacts on the state’s food production, experts are quick to highlight many other issues impacting farmers as part of a perfect storm of rising costs in California agriculture.
Many of the top agricultural counties in the United States are consistently losing population, except in those with processing facilities, according to an Agri-Pulse analysis of 2020 census data.
Reform is needed to strengthen California’s water trading market and minimize the impacts of the Sustainable Groundwater Management Act, according to the Public Policy Institute of California.