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Global wine prices set to soar as production nears 20-year low due to severe weather hitting harvests Global wine prices set to soar as production nears 20-year low due to severe weather hitting harvests
(35 minutes later)
Global wine output is heading for an almost 20-year low as “climatic events” including El Niño severely hit grape production in many countries, particularly in South America.Global wine output is heading for an almost 20-year low as “climatic events” including El Niño severely hit grape production in many countries, particularly in South America.
Argentina is set to report wine production plummeted by more than a third this year - news that will worry fans of Malbec, while Chile is on course for a 21 per cent drop. Brazil, less well-known for its wine, will see its output cut in half, according to the International Organisation of Vine and Wine (OIV). Argentina is set to report wine production plummeted by more than a third this year - news that will worry fans of Malbec, while Chile is on course for a 21 per cent drop. Brazil, less well-known for its wine, will see its output cut in half, according to the International Organisation of Vine and Wine (OIV). 
The El Niño weather phenomenon brought heavy rains and frost to the region, decimating grape harvests. Elsewhere in the Southern Hemisphere, South Africa’s production will be down almost a fifth, but Australia has held steady. The El Niño weather phenomenon brought heavy rains and frost to the region, decimating grape harvests. Elsewhere in the Southern Hemisphere, South Africa’s production will be down almost a fifth, but Australia has held steady. 
“Some price tensions could appear in some geographic areas impacted by [bad weather],” an OIV spokesperson tod the BBC. “Some price tensions could appear in some geographic areas impacted by [bad weather],” an OIV spokesperson told the BBC.
France endured its own severe whether with frosts and hailstorms in spring followed by a drought over summer, resulting in 12 per cent less wine and meaning Italy remains untroubled for its crown as the world’s largest wine producer. France endured its own severe whether with frosts and hailstorms in spring followed by a drought over summer, resulting in 12 per cent less wine and meaning Italy remains untroubled for its crown as the world’s largest wine producer. 
In total, the world will produce around 35 billion bottles, which the OIV says should be enough to satiate world demand.
“The El Niño climate phenomenon seems to be back in Latin America, where production was affected by fairly exceptional weather, with lots of rain,” Aurand said.“The El Niño climate phenomenon seems to be back in Latin America, where production was affected by fairly exceptional weather, with lots of rain,” Aurand said.
“Output was greatly affected by exceptional weather conditions. If there is one product that is vulnerable to weather events, it’s wine.”“Output was greatly affected by exceptional weather conditions. If there is one product that is vulnerable to weather events, it’s wine.”
Global warming and freak weather conditions increasingly affect global wine production. Scientists have shown that each degree centigrade of warming brings harvests forward by 6 or 7 days, meaning that as temperatures rise grapes will become unsuitable for their traditional regions.Global warming and freak weather conditions increasingly affect global wine production. Scientists have shown that each degree centigrade of warming brings harvests forward by 6 or 7 days, meaning that as temperatures rise grapes will become unsuitable for their traditional regions.
While vineyard-owners in the Chianti are ruing the fact that their local grapes now ripen too early, the warmer summers have helped England produce award-winning sparkling wine in recent years. While vineyard-owners in the Chianti are ruing the fact that their local grapes now ripen too early, the warmer summers have helped England produce award-winning sparkling wine in recent years. 
Julia Trustram Eve, marketing director of English Wine Producers, said: “Overall, 2016 is looking to be a fantastic vintage for the UK.Julia Trustram Eve, marketing director of English Wine Producers, said: “Overall, 2016 is looking to be a fantastic vintage for the UK.
“We haven't experienced any dramatic weather patterns such as seen in other parts of Europe and have had the benefit of some great summer and early autumn weather just when our grapes need it.“We haven't experienced any dramatic weather patterns such as seen in other parts of Europe and have had the benefit of some great summer and early autumn weather just when our grapes need it.