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WineInk: The smell of money - Vimarsana News

WineInk: The smell of money

In recent weeks, a number of stories with economic angles have come my way that made me stop and think about just how much money affects the world of wine. We all know that wine is a business but occasionally we lose sight of the dollars and focus on the scents. (Sorry.) But some figures have given me cause to pause and consider other aspects of wine. $600,000, $108, and $13.99. Each number, and their stories, represent a different way of looking at wine as a commodity.

Average bottle of Napa wine now costs US$108 - Vimarsana News

Average bottle of Napa wine now costs US$108

DTC prices have jumped by such an extent in Napa that consumers are forking out in excess of $100 per bottle, according to a report.

Napa Valley wine costs $17 more per bottle than a year ago - Vimarsana News

Napa Valley wine costs $17 more per bottle than a year ago

The price jumped $17 from last year, and tasting fees have shot through the roof as well.