Tag: Bordeaux

AOC Entre-deux-Mers – the wine region between two rivers that is steeped in history

Frédéric Roger, Director of AOC Entre-deux-Mers gave a wonderful and detailed presentation to US/Canadian journalists and wine importers on the Entre-deux-Mers region yesterday at Wine Syndicate and House of Entre Deux Mers Wines, 16 rue de l’Abbaye, The Sauve, 33670.  Following the presentation was a three-hour “speed dating” with 10 local winegrowers, owners and producers so we can taste and learn about their wines – this was followed by a massive plate of oysters and light lunch.

Firstly, the Entre-Deux-Mers is a large region located 80 km southeast of the City of Bordeaux, and secondly, it is situated between the Dordogne and Garonne rivers.

Each winegrower, owner and producer expressed with exhilaration and passion the typicality of their terroir.  Their individual wine portfolios were also as diverse as their huge and wonderful personalities – this was a wonderful experience!

Some History
The Benedictine monks (in the Middle Ages) established the terroir and wines in this region. In 1079, Gérard de Corbie founded the Abbey of La Sauve-Majeure. The monks cleared the forest, planted the vines and worked to improve farming methods.  It’s interesting to note that they established trade with England during this period.

The Abbey of La Sauve is today the property of the State and was officially classified in 1998 as a UNESCO World Heritage Site.

White Grape Varieties

According to the AOC Entre-deux-Mers regulations, the wines must be blended, with a minimum of two white grape varieties.

Sauvignon  – this variety creates a more lively wine, with powerful aromas and brings to the nose fresh scents of citrus fruits, grapefruit, passion fruit, underlined by wild plants, acacia flower, and boxwood.

Muscadelle – this variety brings floral and fruit notes and flavours, and at the same time contributes to the complexity of the wines.

Sémillon  – offers notes of flowers, white and yellow fruits, pears, white peaches, and at the same time offers suppleness and roundness in the mouth. As a young wine, it is subtly discreet and reveals itself and expresses its aromas as it ages.

Sauvignon Gris  – gives aromas of exotic fruits and fatness to the wine.

By the Numbers:

  • Entre-deux-Mers is an appellation that covers over 1,700 hectares of vines
  • 94% of the surface area has adopted an environmental approach [Environmental Adaptation].
  • There are 300 winegrowers
  • There almost 10 million bottles sold each year.

Historical dates :

1937 : the year the Entre-deux-Mers Appellation was established.
1953 : the year the decree defines new production conditions and designates the white grape varieties that will make up the blend: Sauvignon, Sémillon and Muscadelle [September 23 1953]

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Bordeaux Allowed to Irrigate

The Bordeaux appellations of Pessac-Léognan, Pomerol and Saint-Emilion have recently been granted permission to irrigate their vines this year after heatwaves and low rainfall across the region threaten the vines with hydric stress. The weather in these areas has been extremely dry for months and French national weather service, Météo France, has reported that July 2022 was the driest since 1959.

As regulated, irrigation is forbidden in the region although recent modifications to the winegrowers’ code “The Cahier des Charges” has allowed it under certain conditions. The Cahier des Charges of all three regions permits irrigation “only in case of persistent drought and when this disrupts the good physiological development of the vine and ripening of the grapes”.

Representatives of France’s national appellations body, the INAO, visited the Bordeaux region to review the situation.

According to news agency AFP, “three [appellations] obtained the authorisation to irrigate to try to preserve the threatened vines”. Other sources, such as local news publication Le Résistant, added that the authorisation also spans to the so-called “satellite” appellations of Saint-Emilion (Lussac-Saint-Emilion, Montagne-Saint-Emilion, Puisseguin-Saint-Emilion and Saint-Georges-Saint-Emilion) and Lalande-de-Pomerol.

The region is not equipped for irrigation with many relying on rudimentary technology to supply the water to the vines. According to AFP, the Bordeaux wine trade body is pinning its hopes on “two or three storms in the coming weeks” to make for “a good vintage”

#bordeaux #bordeauxwineregion #bordeauxwine #madeinfrance #bordeauxlovers #winelovers
#winenews #heatwaves #wine #bordeaux #winelive

Burgundy’s Rising Prices Drive Liv-ex 1000 Index In January

 

  • The Liv-ex 1000 continued its bull run into the new year, rising 3.5%.
  • The Burgundy 150 was its best-performing sub-index, up 6.4%.
  • Champagne 50 and Rest of the World 60 followed, both rising 5.6%.

The broadest measure of the market, the Liv-ex Fine Wine 1000 index, rose 3.5% in January to close the month at 439.3.

The index is up 22.3% over one year versus 25.2% for the industry benchmark, the Liv-ex 100. All of the Liv-ex 1000 sub-indices increased last month.

Burgundy outperforms the broader market

The Burgundy 150 index was the best performer, up 6.4%. Prices for the region’s wines continue to soar, driven by looming shortages. Meanwhile, the 2020 En Primeur campaign stimulated demand for back vintages and the region took 24.6% of the market by value last month.

Both the Champagne 50 and the Rest of the World 60 sub-indices rose 5.6%.

Louis Roederer Cristal 2008 – the most traded wine by value in January – was also the top price performer in the Champagne 50, up 19.2%.

The biggest mover within the Rest of the World 60 was Dominus 2015, up 17.7%.

The Bordeaux 500 index has continued to lag behind the other sub-indices, rising just 1.0% in January. The performance of its sub-regions has been mixed, with some of the best-performers coming from Pomerol and rising between 14% to 18%.

Source Liv-Ex

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@livexwine

Bordeaux Index records a 47% sales growth in 2021

The Bordeaux Index has reported sales growth of almost 50% year in 2021, to a company record total of US$174m.

Increased activity in Asia and the US (where trade tariffs on many French wines were suspended in Q1) has been most significant. The Bordeaux Index has also seen pronounced gains in the UK. Their client base also increased by c.30% in 2021.

The strong growth in volumes on the LiveTrade online platform, a trading venue in the market for Bordeaux, Champagne and Italian wines, came as the company prepares for the launch of a new, expanded version of the platform this year, when users from across the wine market will be able to trade the full spectrum of fine wines rather than the core set which LiveTrade has focused on to date.

Gary Boom, Founder and CEO of Bordeaux Index, commented:

“We are delighted to report record-breaking results and indeed such strong progress compared to 2020. While activity in the wine market – just as in other luxury assets and collectibles such as art – has no doubt been high, we believe our outsized growth is a clear vindication of our strategy to improve market access and transparency alongside providing best-in-class product expertise.”

“Looking ahead to 2022, there is certainly room for an optimistic outlook, with the global pool of wine collectors on a different scale to a decade ago, and also investors increasingly looking towards hard assets such as wine which deliver consistently strong performance, capital preservation and protection against inflation.”

“Building on the tremendous growth last year, we have invested in new technology to improve our LiveTrade platform, which we firmly believe will continue to transform the way fine wine is bought and sold globally.”

#bordeaux #bordeauxwine #bordeauxindex #burgundywine #greatwine #grandcru #finewine #winelover #champagne #champagnelover #vintagechampagne #livetrade
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@bordeaux_index

The 2021 Fine Wine Market Report [Liv-ex] 

2021 has been an exciting year….

All previous records set in 2020 have been broken and surpassed in 2021, marking the most successful year ever for the secondary fine wine market.

Fine wine trading continually broke new ground in terms of the value of wine traded and the sheer breadth of wines now active in the market. Liv-ex Fine Wine 100 index, the industry benchmark (tracks the price performance of 100 most-traded wines in the secondary market), reclaimed and then exceeded its decade-old former peak, while the Liv-ex Fine Wine 1000 rose for 18 consecutive months.

Fine wine collectors returned in force to both classic labels and regions, even as the market base continued to broaden and diversify.

The recent publication of the 2021 Liv-ex Power 100 report explains many of the reasons behind this year’s results. After a challenging start to 2020, the impetus from the latter half of last year continued, unabated, throughout this year.

Key findings in the report:

  • 2021 sets new records for secondary market trade.
  • Fine Wine outperforms FTSE100 and gold.
  • Champagne is the top-performing region.
  • Burgundy’s share of trade hits a new high.
  • Bordeaux trade dips but First Growth share rises.
  • Blue-chip labels rule the roost though the market continues to diversify.

Link to the full report with charts:

https://www.liv-ex.com/2021/12/new-report-fine-wine-market-2021/

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