News of wine

Mendoza makes a play for copper in Argentina mining revival

31-05-2024 11:50 Mendoza Province is moving to spur exploration of its copper deposits long shunned by prospectors due to restrictions and red tape.

WINE PRODUCTION

Global wine production hits lowest level since 1961

07-11-2023 12:41 Global wine production falls to its lowest level in six decades due to frost and droughts; Argentine wine production reached only 8.8 million hectolitres – a slump of 23 percent and one of the lowest volumes ever recorded in recent history.

FOOD & DRINK

Argentina’s Catena Zapata tops ranking of world’s 50 best vineyards to visit

12-07-2023 23:39 Argentina’s Catena Zapata crowned the number one wine estate in the world to go experience firsthand.

URUGUAY WINE

Tannat: Uruguay's 'unlikely' wine hit

04-04-2023 12:31 Tannat, a red grape with a reputation for harshness, has flourished in Uruguay, placing the small country on the global wine map.

NEW EXCHANGE RATE

Argentina debuts ‘Dollar Malbec’ to aid exports amid drought

31-03-2023 10:16 Economy Minister Sergio Massa confirmed Thursday he’s rolling out a temporary, subsidised exchange rate for wine and other agriculture products, dubbed the “Dollar Agro” or “Dollar Malbec” by the local press.

WINE PRODUCTION

Race against time to rescue Argentina’s wine grapes

23-03-2023 00:52 Argentina's grape 2023 harvest will not exceed 15.4 million tons, according to projections by the National Institute of Vitiviniculture (INV). That's 40% less than a normal year.

CURRENCY CONTROLS

‘Dolár Malbec’: Argentina plans new exchange rate for wine producers

05-03-2023 08:42 New ‘wine dollar’ set to join country’s alphabet soup of parallel exchange rates, confirms Sergio Massa; Measure set to kick in April 1, with value set to be defined in next 20 days.