Call it the perfect storm. Pockets emptied by the hyped and rightly-so 2005 vintage of Bordeaux, a US Dollar that is getting beaten like a fool by the Euro, oh and lets not forget a poor vintage altogether in Bordeaux (both banks) and you have what hasn’t happened in a
decade. Mix in your other financial hermit crab reason of choice: fuel prices, unstable economy, housing market, upcoming elections, kid wants a car, whatever.

People aren’t auctioning off their firstborn for these futures.

The exceptions to the rule, however, are the whites. Sauternes and Bordeaux Blanc such as the Graves region, are showing that they had a better year then the reds, but white sales in Bordeaux do not a successful year make for the French. Sauternes, after all, are pretty scare even on a good day, and make up just a fraction of the acreage and bottled juice for the region….

Read the full article on 2007 Bordeaux Futures

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