Plus an update on harvest in France and a reminder to invite some friends over to celebrate Come Over October.
France set to pull out vines
As I touched on two weeks ago, the French government recently requested €120 million in financial aid from the European Commission in order to grub up 30,000 hectares (over 74,000 acres) of French vineyards, or around 4% of the country’s total planted acreage. That request was approved on 3 October. Growers anywhere in France are entitled to €4,000 per hectare for permanently removing vineyard acreage. Vitisphere reports that subsidies cap out at €280,000 per...