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Vineyard Acreage Dropping and Pepsi Removing Artificial Colors
The Agribusiness Update
California winegrape growers continue to tear out vineyards in response to a historic drop in wine demand, and Pepsi announces it will “accelerate” its transition to natural ingredients amid pressure from the White House.
California Grapes Removed and Gas Prices Jump Higher
The Agribusiness Update
A once-in-a-generation downturn in the wine market is reshaping California’s grape growing regions as farmers tear out vines to reflect declining demand, and following a down week, the nation’s average gas price climbed ten cents last week, according to GasBuddy.