Wine industry outlook is good


Despite expectations, Oregon wine industry sales were up in 2010 and the outlook is positive for 2011.

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Despite expectations, Oregon wine industry sales were up in 2010 and the outlook is positive for 2011.

Altogether, production dropped 23 percent across the state, according to USDA’s National Agricultural Statistics Service, ensuring that a bountiful crop did not aggravate the oversupply.

Meanwhile, Oregon’s total wine sales climbed about 25 percent, topping $250 million, while inventories of bottled and bulk wine fell by roughly 6 percent altogether.

Overseas exports, which jumped in volume by two-thirds, were a contributing factor to the sales increase.

Read more at Capital Press.

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