News

France’s 2017 wine harvest threatens to be well below normal levels. The U.S. craft beer industy’s growth slows considerably from previous years. Pennsylvania plans to raise prices on numerous items and South Africa introduces a new “international friendly” designation. The news we’re thinking about here at SevenFifty Daily.

Thursday,
August 3, 2017
2. The Drinks Business

U.S. Craft Beer Boom Continues To Slow

For the first half of 2017 American craft beer production volumes have increased by 5% as opposed 2016’s mid-year increase of 8% and 2015’s of 16%. While growth does continue a millennial preference for wine urges caution.

4. Wine Spectator

South Africa Gains A New Appellation

South Africa has a highly complex, multi-layered appellation system that organizes wine producing areas into regions, districts, and wards. They have now added a new “Cape Town” Wine of Origin designation that they hope will help with international sales.