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Global wine production stuck in a rut: trade body

Summary by Macau Business
Bad weather means global wine production this year will remain near a 60-year low according to preliminary estimates, the International Organisation of Vine and Wine (OIV) said Monday. “Early indications suggest that 2024 will be another year of relatively low production, most likely below 250 million hectolitres a year,” Director General John Barker said at the opening of the body’s 45th congress in the French city of Dijon.  Last year some 237…
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