Experts predict a grape surplus will cause prices to plummet to their lowest ...

Grape news! Price of wine to fall to its lowest level in five years due to Californian vineyard surplus A surplus of California grapes, combined with decreased demand, is expected to cause prices to drop to their lowest level in five years The decrease in demand is being attributed to a preference for liquor and ready-to-drink cocktails In 2016 vineyards in Northern California began using more efficient harvesting methods, leading to more grapes

By Sherry Karabin For Dailymail.com

Published: 04:46 GMT, 18 February 2020 | Updated: 05:01 GMT, 18 February 2020

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A surplus of California grapes is giving wine lovers another reason to celebrate.

That's because experts are predicting the overabundance of grapes, combined with decreased demand, will cause wines prices to plummet to their lowest level in five years.

Even better for wine lovers, the decreased prices are expected to last into the near future. 

A surplus of California grapes, combined with decreased demand, is expected to cause wine prices to drop to their lowest level in five years

A surplus of California grapes, combined with decreased demand, is expected to cause wine prices to drop to their lowest level in five years

Experts say one reason for the decline in demand is more Americans appear to be turning their appetites to liquor and ready-to-drink cocktails.

Experts say one reason for the decline in demand is more Americans appear to be turning their appetites to liquor and ready-to-drink cocktails.

Experts say one reason for the decline in demand is more

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