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Poor grape harvest to raise wine prices, Majestic fears
date:Nov 21, 2012
rnational Organisation of Vine and Wine warned last month that this year's poor grape harvest due to extreme weather could lead to a worldwide wine shortage.

Winemakers in Argentina and big producers such as Italy and France have all suffered and the organisation forecast a 6pc drop 6pc in global production to 248.2m hectolitres the lowest level since the seventies.

12/22 03:03