- Why Us?
Written by Steve Fredricks, President Turrentine Brokerage On August 14th, the National Agricultural Statistics Service (NASS) released their 2014 crop estimate for wine grapes of 3.9 million tons, down 8% from 2013. However, intelligent supply decisions cannot be made using the projection because the crush will not be 8% down on every variety in every […]→ Continue Reading Turrentine Perspective on the Total Crush Projection
Real EntrepreneursWhen the economy stalls, economists theorize and politicians pontificate, but real entrepreneurs take action. You know the old story, of course. The family is watching a movie on Netflix when a brick comes crashing through the living room window. Wrapped around the brick and secured with a rubber band is a flyer for Fast Willie's Window Repair: "25% off emergency glass replacements with this flyer. (P.S. Please feel free to dispose of the brick by throwing it through your neighbor's window and take advantage of our good neighbor discount plan.)" Someone should sling a brick or two in the California wine business....
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 4, 2014.
Cabernet Sauvignon 2013 wine, Paso Robles, 19,500 gallons at $10.00 per gallon
Chardonnay 2013 wine, Russian River, 4,800 gallons at $12.00 per gallon
Zinfandel 2013 wine, Dry Creek Valley, 4,300 gallons at $9.50 per gallon
Cabernet Sauvignon 2013 wine, Oakville, 14,900 gallons at $28.00 per gallon
Petite Sirah 2013 wine, Lodi, 6,500 gallons at $5.50 per gallon
Sauvignon Blanc 2014 grapes, Dry Creek Valley, 22 tons at $1,600.00 per ton
Chardonnay 2014 grapes, Mendocino County, 44 tons at $1,100.00 per ton