Word: sauvignons
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...Mondavi Cabernet Sauvignon...
Beaulieu Cabernet Sauvignon...
...wineries produce 85% of the wine made in the U.S., and Californians individually drink about twice as much wine as other Americans. Grapes represent the Golden State's largest cash crop; in the past four years of heavy demand and rising labor costs, prices for premium Cabernet Sauvignon grapes have jumped from $305 a ton to about $ 1,000. They will rise still higher as a result of a tight supply. Because of a spring frost and August heat-wave damage, the 1972 California grape harvest, which was completed last month, was the smallest in 30 years. Those grapes...
European Kinship. Yet there is undoubtedly gold in grapes, and not just for the wine manufacturers or retailers. Expecting that wine prices will continue to rise, more and more ordinary consumers are buying and storing wine. A select California Cabernet Sauvignon worth $3.25 in 1966 now commands about $6. Major wine merchants will accept orders for future delivery of just about any premium wine that has a long bottle life. U.S. citizens technically cannot sell their wine hoardings publicly without a retailer's license, but they can sell them privately to friends or back to retailers...
...international disputes. The far greater problem: success breeds grapes. Twice as many new wine-grape vines are being planted in California this year as last. Because of overplanting, the wine supply may catch up with demand within the next three or four years. "By 1974 the amount of Cabernet Sauvignon alone will triple," predicts Jack Welch, vice president of Christian Brothers. "Just where is all that Cabernet going to find a home...