Global Grape Glut?

6 Responses to “Global Grape Glut?”

1. Jonathan McLeod on September 30th, 2009 9:55 pm [#]

   Shane, I did a quick scan of the article, and it appears they’re talking about a glut of grapes used in wine production. From what I saw, there was no mention of concord grapes or any other juice grapes.

2. Charles Anthony on October 1st, 2009 5:32 am [#]

   Does grape juice even contain real grapes?

3. Jonathan McLeod on October 1st, 2009 6:35 am [#]

   Not the good stuff – it’s just made of purple.

4. Abattoir on October 1st, 2009 7:32 am [#]

   Even if there was a glut of juice grapes, that doesn’t mean that there is any extra capacity for manufacturing grape juice. The price of a product is not directly affected by the input costs. It may encourage more production in the medium-term, or even more competition in the long-term, but such short-term fluctuations won’t have much of an impact.

   We saw the same situation during the mad cow scare. Cows were being sold to slaughterhouses (a.k.a. abattoirs) for rock-bottom prices, but the savings were not passed on to consumers.

5. Jonathan McLeod on October 1st, 2009 9:36 am [#]

   That was pretty mean or you, Abattoir ;)

6. Jonathan McLeod on October 1st, 2009 9:37 am [#]

   *of

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