Napa Valley, Calif. – Napa is one of the nation’s best known wine regions. Wineries here produce nearly fifty million cases of wine every year that’s worth billions to the U.S. economy.
The earthquake that rocked the region also rocked billions of dollars of world-renowned Napa Valley wine.
David Duncan, president of Silver Oak Vineyards, was worried he lost “every single barrel.” Instead, he seemingly got off easy; he only lost three barrels, but they was top quality vintage.
Each of barrel holds 25 cases of wine, and each case can cost $1,300. So they lost about $100,000 in “just in the three barrels,” Duncan said.
Napa Valley is home to nearly 800 wineries that produce roughly a quarter of the nation’s wine.
The area was already affected by severe drought.
Now the quake’s impact has rippled though the entire economy, right down to the visitors who’ve come here to enjoy the fall harvest.
The impact on the $13 billion wine industry is still unclear.
Read more at CBS INTERACTIVE.
{Matzav.com Newscenter}
does anybody know if Kedem or Baron Herzog produces some of their wines there?
Will this affect Kedem wine prices?
I’ll say LECHAIM to that!
To Comment #1:
I am almost 100% sure that Kedem and other Kosher wine companies have production in the Napa Valley. I just sent an email question on the Kedem web site at http://www.kedemwinery.com/contact.php asking them if they were affected by the quake.
So we’re going “cover up” on this one as well? You’re such immature babies.