james laube's wine flights

Wine "Deals" Still in Short Supply

Prices for some wines are dropping but large inventories still exist
Posted: Dec 2, 2010 10:09am ET

We're starting to see more wine deals, if you can call them that. Many American wineries are wisely having year-end sales to reduce inventory. What puzzles most in the wine trade is why prices haven't dropped more dramatically for many wines and why more wineries haven't either closed or been sold.

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