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Brian Clements, Vice President here at Turrentine Brokerage has posted his latest article, titled “Purchases of North Coast Cabernet Sauvignon active as harvest begins” for the North Bay Business Journal. To read the entire article, please click on the link below. http://www.northbaybusinessjournal.com/96101/grape-market-insights-column-for-august-18-2014/ (Article originally published Monday, August 18, 2014)→ Continue Reading Turrentine in the News: North Coast Cabernet Sauvignon
The Danger of Risk AvoidancePeople in unsettled times seek to avoid risk however they can. According to articles in the mainstream business press, companies that have been rewarded with high valuations from investors the last several years have often stockpiled cash and have been cautious with hiring and investment. They have been conservative because of concerns about a lackluster recovery, a possibly over-inflated stock market, threatening interest rate increases,...
The results are in! To purchase a Copy of the report for $495, click on the red logo.
We’re pleased to provide you with the results of our 2013 Wine Industry Financial Benchmarking Report. Moss Adams LLP, the Farm Credit Alliance, and Turrentine Brokerage are committed to continuing to serve as thought leaders in the wine industry, and we view the report as an opportunity to provide wineries, grape growers, and negociants with comparative and insightful information. This survey builds on the results published by Moss Adams in 2009 that analyzed a range of topics including general industry trends, sales and production data, viticulture data along with operating and financial metrics by region.
The goal of the survey? To bring you valuable, insightful data and analysis to help you benchmark your operating and financial results against industry leaders.
In 1973, the year Turrentine Brokerage was founded, California crushed just over 1 million tons of grapes for wine. Today, that number is rapidly approaching 4 million. Over these 40 years, we have witnessed extensive change within the industry while passing the torch from Dan Turrentine to Bill Turrentine and now on to Steve Fredricks. The company has grown from one employee to 21 in that time continues to expand. With great appreciation, we thank all of you who have worked with us over the last 40 years and look forward to the next 40. Cheers!
The following is a small selection from our recent sales. These actual sales can give some indication of the market but it should be remembered that individual sale prices vary widely due to quality, barrel age and other special circumstances.
Selected Recent Sales of Grapes & Wines in Bulk for Aug 18, 2014.
Cabernet Sauvignon 2013 wine, Rutherford, 12,700 gallons at $35.00 per gallon
Cabernet Sauvignon 2013 wine, Alexander Valley, 2,000 gallons at $20.00 per gallon
Merlot 2012 wine, Chalk Hill, 3,700 gallons at $13.00 per gallon
Pinot Noir 2013 wine, California, 25,000 gallons at $6.50 per gallon
Cabernet Sauvignon 2012 wine, Lodi, 12,500 gallons at $5.75 per gallon
Cabernet Sauvignon 2013 wine, Napa Valley, 9,500 gallons at $29.00 per gallon