Wine Futures
Welcome to Vine to Wine this is your host Linda Moran and today we are answering a question from a friend of mine. He asked about wine futures, and could I tell him about who sells futures and how it is done?”
Let’s look at what a wine future is and explain it in a bit more detail. Wine futures are the purchases of wine after it is made but before it is bottled. The producers sample the press and all of their major wholesale buyers etc. usually in the spring after the wine was made. They in turn sell the wine to their customers. The wine will be delivered a few years later. This is the best time to purchase the wine, as it will hopefully never be less expensive than at that offering. The practice of selling wine futures began in