The Price of Wine

The Price of Wine

Welcome to Vine to Wine this is your host Linda Moran. Today we are addressing a question from the email. A listener writes to ask "why are some wines so expensive are the costs of basic ingredients really that far apart?" Well the prices of wines do vary but first let us begin with the fact that today I am addressing premium wines – not two buck chuck or jug wines. With that in mind - yes the basic costs of ingredients do vary. Different types of grapes sell at differing prices. A ton of Riesling grapes, are not nearly as costly as a ton of Cabernet Sauvignon. If the grapes are from a particularly renowned vineyard they are likely to be even more costly. Many wines are fine being produced in stainless steel tanks from start to finish whereas, others will likely spend time aging in expensive oak barrels. Many white wines are produced, bottled and ready for sale, earlier than most red wines. With these wines not as much capitol is tied up in the inventory. The level of quality and cost of glass differs. You can expect a higher quality bottle in a more expensive wine or a wine meant to be aged. If you are buying wine from a local wine merchant you are most likely receiving guidance and some education and that I would hope is worth something to you. Then of course, the laws of supply and demand will always be a factor in the pricing of a wine. These are just a few of the reasons wines may vary in their price. And thank you for joining me on today's Vine to Wine.
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