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Stock impact report

The world’s wine industry is adapting to climate change [CNBC]

Willamette Valley Vineyards, Inc. (WVVI) 
US:NASDAQ Investor Relations: wvv.com/investor-relations
Company Research Source: CNBC
Andrew Selsky | AP Jeff Havlin, owner of Havlin Vineyard, drives through one of his vineyards in Dallas, Ore.  When an Oregon valley famed for its wine heats up under the afternoon sun, Pacific Ocean winds rush through a dip in the mountains, cooling the grapes in Jeff Havlin’s vineyards. The Van Duzer Corridor, the lowest point in Oregon’s Coast Range, has become a go-to place for wineries and vineyards hedging their bets against climate change. Winemakers and vineyard owners in a 95-square-mile (246-square-kilometer) section of the corridor have applied to become the newest American Viticultural Area, with the wind its predominant feature. “When the temperature drops, you need a jacket in August,” said Havlin, who on a recent afternoon was driving a utility vehicle through his vineyards. From South Africa’s drought-stricken vineyards, to France’s noble chateaus, to sunny vineyards in Australia and California, growers and winemakers say the Show less Read more
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