Wine sector: US retaliation on the back

Wine sector: US retaliation on the back

1) This month started with the WTO announcement on 2 October over the U.S-EU Airbus subsidies case. The U.S. has been given the right to request a total amount of $7.5 billion (annually) equal to 6.9 billion euro incountermeasures with respect to the European Union and some EU member states, with October 18 as the effective date of additional duties. It has to be highlighted, that the US retaliation list is heavier on additional tariffs for agriculture products than for aircraft – 25% as compared to 10%.

In this regard, Spanish, French and Italian Agriculture Ministers took the floor during this month’s Agri-Fish Council in Luxembourg (14-15 October), and voiced their concerns respectively on the damaging impact on olive oil and table olives (ES), cheeses (IT) and wine (FR), among the most affected agri-food products.

2) Key topics for the wine sector as internationalization, innovation, trade dynamics, finance, digital transformation & competitiveness were at the core of the Wine Business Forum, which was held during the Milan Wine Week (6-13 October 2019), and which gathered more than 100 winemakers, businesses and experts.

3) Winemakers in France are changing their practices in an effort to adapt to the current changing environment and climatic hazards. Labels like organic, biodynamic and the so-called “high environmental value”certifications (HVE) are gaining traction, among them, and among consumers as well.

4) In terms of wine market figures, latest forecast by DG AGRI (October 2019) show that this year the EU28 wine production will return to a normal level, after the exceptional 2018 harvest of 189 million hectoliters. Estimates indicate a total wine production for 2019/2020 at around 161 Mio hectoliters.

full note available on FE members area 

Comente este artigo

O artigo foi publicado originalmente em Farm Europe.

Anterior CAP transition measures – same rules, same funds!
Próximo Microbes living in plant roots fight off fungal infection, cutting need for pesticides, study shows

Artigos relacionados

Nacional

Dias de campo sobre agricultura de precisão no Ribatejo e Alentejo

Está de volta o evento PRECISAMENTE. Nos dias 12 de Setembro, no Porto Alto, e 19 de Setembro, em Beja, a TERRAPRO vai demonstrar que a Agricultura de Precisão é acessível e fácil de aplicar em qualquer exploração agrícola e permite ser mais eficiente com menos recursos. […]

Nacional

Sustentabilidade Económica dos Espaços Ordenados e Protegidos discutida nos Arcos

Terão lugar em Arcos de Valdevez nos próximos dias 13 e 14 de Abril as I Jornadas Internacionais sobre Sustentabilidade Económica dos Espaços Ordenados e Protegidos, […]

Nacional

Paulo Rangel: “Estas europeias têm uma relevância que outras não tiveram”

A reforma da zona Euro, o Brexit e a crise das migrações dão às próximas eleições europeias “uma relevância” que outras no passado não tiveram, […]