If you are a Napa Valley Cabernet Sauvignon aficionado, expect to pay ever-higher prices for your favored wine. The price of Napa Cabernet grapes from the 2016 harvest was $6,943 per ton, 11% higher than the previous vintage. Over the hill in Sonoma, Cabernet brought $2,954 per ton. Sonoma’s priciest grape is Pinot Noir at $3,669. Overall average price for Napa wine grapes was $4,666 per ton, Sonoma $2,585, Lake County $1,664, Mendocino $1,532. The average for all varieties in these four counties was $2,955, an increase of 5.8% from 2015.
What does the future look like? Marijuana, of course!
Continue reading “Agricultural Diversification – Cabernet to Cannabis”
