Global wine production falls to 62-year low in 2023
Poor weather around the world is likely to cause global wine production to drop to a six-decade low this year.
The International Organisation of Vine and Wine (OIV) says that wine production around the world is likely to be about 7% lower in 2023 than last year.
Such a yield would be the worst since 1961.
The OIV attributes the low levels of production to bad weather, including frost, heavy rainfall and drought.
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