Chapter 10 - Factors that Affect the Price of Wine

Question 1

What is often the largest production cost in an established vineyard?

Answer 1

Labor costs.

Question 2

How does the maturation/aging time of wine impact costs?

Answer 2

Some wines are matured for several months or even years. Storage facilities can be expensive to maintain, and a great deal of money is tied up in stock that cannot be sold to generate profits straight away.

Question 3

What are the three main types of wine producers?

Answer 3

1) Co-operatives
2) Merchants (aka Negociant, in French)
3) Estates (aka domaine, in French)