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WA vs CA cost

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Posted on March 15, 2017 at 18:25:05
triodesteve
Audiophile

Posts: 604
Location: Walla Walla Washington
Joined: September 4, 2001
Agustin Huneeus was giving a speech at UC Davis recently:

"We talk about Napa Valley Cabernet Sauvignon as our highest quality fine wine. But you can take a Washington state Cabernet grown in a vineyard valued at $3,000 an acre and blind taste it with a Napa Cabernet grown in a vineyard valued at $350,000 an acre and find both to be of high quality. Quality myths are also promoted and perceived based on packaging and closures."

No clue where to find at $3k an acre but his point is made.

 

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totally agree, posted on March 16, 2017 at 09:58:46
jimbill
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Posts: 2131
Location: Texas
Joined: May 31, 2004
I've been pretty much priced out of Napa for quality Cabs. Not paying $75 and up. I love the WS back pages, listing 90+ point Cabs all starting over $100. And I guess they're selling it all. Just read where Cameron Hughes has fallen on hard times because there isn't as much excess juice laying around.

I'm still getting good Cabs for the money from Washington, although I've noticed their prices are starting to creep up.

 

In the latest Wine Spectator..., posted on March 16, 2017 at 11:42:44
mkuller
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Posts: 35131
Location: SF Bay Area
Joined: April 22, 2003
Contributor
  Since:
December 28, 2003
...James Laube talks about Napa cab prices.

"A single number tells you all you need to know right now about where Napa Valley is headed: $1 million an acre. Land in America's most famous winegrowing district has always been prized. But in the past two decades, prices have risen faster and steeper than anyone can recall."

So it appears that now based on the cost of Napa cab at $8000 per ton,
he says the cost of a Napa cab is $80 per bottle (IIRC).

 

RE: In the latest Wine Spectator..., posted on March 16, 2017 at 16:37:15
triodesteve
Audiophile

Posts: 604
Location: Walla Walla Washington
Joined: September 4, 2001
Lets assume 3 tons to the acre (although I wouldn't be surprised that some people will crop lighter) which brings in $24k a year on a one million investment. And we aren't including management or farming costs.

Thats not a real business. I should have started a venture capital firm first.

 

Most of the winery owners..., posted on March 16, 2017 at 16:42:47
mkuller
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Posts: 35131
Location: SF Bay Area
Joined: April 22, 2003
Contributor
  Since:
December 28, 2003
...I know in Napa have retired from making a lot of money doing something else.

 

RE: totally agree, posted on March 16, 2017 at 16:45:20
triodesteve
Audiophile

Posts: 604
Location: Walla Walla Washington
Joined: September 4, 2001
I've been pretty much priced out of Napa for quality Cabs. Not paying $75 and up. I love the WS back pages, listing 90+ point Cabs all starting over $100. And I guess they're selling it all.

>You guys always say that...I'm just not sure. Distributors in Seattle have a hard time getting >rid of gran cru burgundies and those wines have pedigree. My guess is that there is heavy >discounting for restaurants and shops. Those are just guesses based on what I hear in the >markets I go to.

Just read where Cameron Hughes has fallen on >hard times because there isn't as much excess juice laying around.

I'm still getting good Cabs for the money from Washington, although I've noticed their prices are starting to creep up.

>Cost of everything is going up....I now pay something like 40 cents for a tin capsule...per >bottle!

 

Any new WA cabs we should be looking for?, posted on March 17, 2017 at 14:31:47
jimbill
Audiophile

Posts: 2131
Location: Texas
Joined: May 31, 2004
New as in recently started and new as in finally starting to make quality wine.

 

RE: Any new WA cabs we should be looking for?, posted on March 18, 2017 at 07:23:51
triodesteve
Audiophile

Posts: 604
Location: Walla Walla Washington
Joined: September 4, 2001
Let me give that some thought. I feel sort of out of the loop at the moment.
You could go to Taste Wa in Seattle next weekend....not sure how many wineries are there but many many hundred!
Not my kind of thing but we go every few years to make sure people don't forget. This year my now 21 year old will be representing.

 

RE: Any new WA cabs we should be looking for?, posted on March 18, 2017 at 10:15:52
jimbill
Audiophile

Posts: 2131
Location: Texas
Joined: May 31, 2004
Ummm, to far to drive from Houston.

 

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