What Are Your Holiday Wines This Year?

The Wine Economist will pause for a few days and return in early 2025. Sue and I wish all our reader friends a warm holiday season and a bright new year.

Sue is curious about what wines you are serving for the holidays. Are you willing to share your selections — or those you are considering — in the Comments section below? We are always looking for good ideas!

We haven’t finalized our choices yet, but some will be Italian wines to pair with Brodetto on Christmas Eve and Tagliatelle al Ragù on Christmas Day. Stilton and Vintage Port will appear along with Sue’s delicious panforte and pampepato treats. And something with bubbles, too, don’t you think? Lots of possibilities!

Cheers to the new year. See you in 2025.

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About the Luca Ferraris Ruchè in the photo above in the festive santa hat. We were fortunate to receive Ruchè samples recently (thank you, Mallard Libations). This is a unique wine so we are giving some thoought to food pairings. I have called Ruchè one of Italy’s “invisible wines.” Sue and I look forward to enjoying these examples and we hope to see more of the wines in shops and restaurants in the new year!

 

 

Understudy to Center Stage: The Unexpected Rise of Cabernet Franc

Wine made from Cabernet Franc is generally paler, lighter, crisper, softer, and more obviously aromatic than that of its progeny, Cabernet Sauvignon.

This is how the authors of Wine Grapes, my standard reference, describe Cabernet Franc. Sounds great, doesn’t it? So it is a bit of a surprise that Cabernet Franc’s place in French wine is relatively limited.

France: Two Faces of Cab Franc

Cabernet Franc is the headline red wine grape in the Loire Valley, but in Bordeaux (and most other places) it is best known as a blending grape (or an insurance grape, I am told, because it buds and blossoms earlier than Cabernet Sauvignon and so helps winegrowers hedge their bets against unfavorable weather). Apart from Chateau Cheval Blanc and a few other BDX wines, Cab Franc is a backup singer behind Cabernet Sauvignon.

I think I first began to pay attention to Cabernet Franc about 15 years ago when I found myself helping Mike and Karen Wade on the bottling line at their Fielding Hills Winery (my report on the experience was the very first Wine Economist newsletter post). All the wines, made with grapes sourced from their Riverbend Vineyard on the Wahluke Slope, were great. But the Cab Franc really blew me away. It was then and remains now my favorite FHW wine.

Cab Franc was suddenly a thing to us and Sue and I started to wonder if maybe it was a Washington state wine thing. We got this idea from Chris Carmada, winemaker and proprietor at the Andrew Will Winery on nearby Vashon Island. Carmada said that Cab Franc might be Washington’s best red wine grape variety and Andrew Will makes the most of its exceptional quality in both their varietal wines and in the vineyard-specific blends.

This video tells the story of Andrew Will Winery and its particular affinity with Cabernet Franc. We also admire the elegant Cab Franc that Robin Pollard makes from her vineyard in the Rattlesnake Hills (a.k.a. “The Hills”) area.

Once we started looking for northwest Cabernet Franc we began to find it in unexpected places. The Rocks of Milton-Freewater is a famous AVA on the Washington-Oregon border. It is best known for the Syrah and Grenache wines that wineries such as Cayuse and Reynvaan make from the vines there. So we were surprised to find that Watermill Winery makes a terrific “Hallowed Stones” Cabernet Franc from their rocky estate vineyard, very different from Andrew Will, Pollard, or Fielding Hills. Distinctive.

Many Faces of Cabernet Franc

Looking further afield we stumbled across our first Napa Valley Cab Franc, the Ehlers Estate Cabernet Franc St. Helena, Napa Valley. Cab is King in Napa Valley, but Cabernet Franc is an unexpected discovery. This wine had the power and depth that you expect from Napa (15% abv, 18 months in oak) with the slight green edge that said Cab Franc not Cab Sauvignon. Sue liked it but said that the Napa style almost dominated the Cab Franc character.

Recently we’ve been learning more about the wine industries in Virginia and the Niagara Peninsula in Canada and discovered that Cab Franc plays important roles in both places. Barboursville Vineyards is probably our favorite Virginia winery (it was featured in my book Around the World in Eighty Wines) and its Barboursville Cabernet Franc Reserve is both great quality and great value.

Cabernet Franc is one of the most important red grape varieties for Niagara producers. We visited the region earlier this year and enjoyed tasting wines at Leaning Post Wines and Westcott Vineyards. Both focus on Pinot Noir and Chardonnay, which do very well in that region, but both wineries also make exceptional Cab Franc wines inspired by the grape’s ability to express the character of particular sites.

The idea that Cabernet Franc is or could be a terroir wine — a wine that reflects its particular vineyard characteristics — comes as a surprise if you are used to thinking about it as a useful but secondary blending grape. Further study is required to explore this idea.

So we are starting to look for Cabernet Franc wines from Argentina. We know from our visits there that the differences in terroir, especially elevation, can be important. Malbec from Lujan de Cuyo can be very different from Malbec from the higher-elevation Uco Valley. So we are excited to taste the Durigutti Proyecto Las Compuertas Cabernet France (from Lujan de Cuyo) alongside the Bodega Andeluna Pasionado Cabernet Franc from Uco Valley vineyards situated at an even higher elevation 1300 meters above sea level.

Cab Franc World

It seems to me that Cabernet Franc has quietly exploded on the wine scene. Maybe it was always there and I just overlooked it. But maybe those qualities I found in Wine Grapes have become more important to wine drinkers. According to Wine Grapes, Cab Franc can be found almost everywhere: Northeast Italy, Spain, Romania, Hungary, Argentina, and Chile have significant plantings of the grape variety and there are patches of Cab Franc vines almost everywhere else. Even on Malta!

There is clearly a lot of work to be done to chart the Cab Franc universe. Once upon a time, Cabernet Franc was Cabernet Sauvignon’s shy understudy that has now taken center stage, at least some of the time. Either way, let’s celebrate Cabernet Franc.

From Sharecroppers to Superstars: Family Wineries in Italy

The arc of the Italian wine industry bends towards quality in the 21st century, something that has become increasingly clear to Sue and me as we have visited many of Italy’s important wine regions in recent years.

Quality has not always been Italian wine’s guiding star, however. Piero Antinori’s 2014 book The Hills of Chianti traces the 20th-century transformation of Italian wine from quantity to quality that continues today. The role of forward-thinking family wineries and their intense focus on quality from the vineyard to the cellar and beyond comes through on every page.

We recently sampled wines from two of our favorite regions — Romagna and Piemonte — that illustrate Antinori’s hypothesis about the link between quality and family-owned wineries.

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Rediscovering Romagna

I was reminded of Antinori’s book recently when we were invited to taste wines from Romagna, a region that extends from the Adriatic coast inward toward Bologna. We enjoyed these wines, mainly Sangiovese di Romagna and Albana di Romagna, when we lived in Bologna years ago (I was a visiting professor at the Johns Hopkins center there).

The wines were perfect with the city’s rich cuisine. We look for them here in America, but they are hard to find. I once asked one of the Colli Bolognesi winemakers about the problem and he just pointed over the hill. Tuscany, he said. Tuscany (and Antinori, I guess) get all the attention. We mostly sell our wines at home.

But the bending arc can have many effects and it seems to me that the rising quality of Italian wine offers wine drinkers around the world new opportunities, both within Tuscany (as Antinori’s book suggests) and in other parts of Italy, too.

All in the Family

So we were excited to taste the Romagna wines of Poggio della Dogana and Ronchi di Castelluccio, wineries owned by the brothers Aldo and Paolo Rametta. The Rametta family does not have centuries of history in the wine business like the Antinori family, but they are firmly rooted in the Romagna region. After working in other industries (finance and renewable energy), Aldo and Paolo Rametta found it impossible to resist scratching the itch to return home to work with the land. Wine, of course, but not just wine. They are interested in agriculture and bring family business values to their work.

Poggio della Dogana was their first investment in 2016; then an unexpected opportunity appeared in 2020 to purchase Ronchi di Castelluccio, the very well-known maker of Sangiovese di Romagna. We know the latter winery because their Le More Sangiovese di Romagna is a wine we can sometimes find here at home to pair with Sue’s authentic Bolognese ragu.

Everybody and Nobody

We couldn’t resist sampling the Ronchi di Castelluccio Buco del Prete Romagna DOC Sangiovese Modigliana, made with grapes from a vineyard carved into a forest clearing in 1989. We paired the wine with roast chicken (which we often have with Pinot Noir) and I think the combination made us appreciate the elegance of the medium-bodied wine and the complexity that lingered on the finish. An excellent wine. We can’t wait to try the Ronco della Simia, made with grapes from an even older vineyard.

We loved the Sangiovese, but I admit that the Poggio della Dogana Belladamaa Romagna DOCG Albana Secco stole our hearts. Why? Quality was part of the answer, of course. Albana is a white wine that thinks it is red, with good body and memorable herby notes on the finish in the case of the Belladama.

We often enjoyed Albana wines when we lived in Bologna, but we always thought of it as a simple, easy wine, not something that can be serious. So tasting a next-level Albana got our attention.

But, if I am honest, it is also something that Aldo Rametta said on a Zoom call. Everyone drinks Albana in Romagna, he said, but no one drinks it anywhere else. And it is true. But maybe a wine like this at a time like this can change things. In fact, quality white wines from up and down Italy are now finally getting attention and developing followings in export markets.

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Tenuta Carretta was founded in 1467 when sharecropping arrangements were formalized for the estate north of the city of Alba. As Antinori’s book explains, sharecropping remained the dominant organization for Italian agriculture into the mid-20th century and in wine the turn towards quality only gained strength when the difficult transition from sharecropping was complete. In all its long history the Carretta estate has changed hands only a few times. The winery’s website explains that

In 1811, after 350 years, the property passed from the Marquis Damiano to the Count of Roero, who cultivated it for 120 years. In 1932, he gave the estate to the Veglia family of Turin. In 1985, the property finally passed to the Miroglio family from Alba, founders and owners of the textile group with the same name.

The Miroglio family’s commitment to the winery strikes me as very much fitting into Antinori’s ethos and the Rametta brothers’ work in Romagna. The Miroglio family have roots in the Langhe. Their apparel empire began there before expanding around the world. Their purchase of Tenuta Carretta almost 40 years ago seems to have been about family and tradition and they have invested considerable time and effort to develop distinctive wines that reflect the particular terroirs of Roero and the Alta Langa. Each wine is meant to be unique to its time and place, to bend the arc even more toward the quality pole.

Tenuta Carretta makes the great red wine varieties of  Piedmont, so it is noteworthy that the samples they sent us were white wines: the Roero Arneis DOCG Riserva “Alteno della Fontana” and the Langhe DOC Riesling “Campofranco.”  Interest is rising in white wines these days and many consumers are searching for distinctive wines, so we welcomed the opportunity to taste these wines.

The Roero Arneis DOCG Riserva was a wonderful wine, refined and elegant. It is a proper reserve wine having spent 24 months aging on lees and a further year resting in bottle. The Riesling was a completely different experience, however.

You might be surprised to see a Riesling from Piemonte, but we know a few other Piemonte winemakers who produce Riesling because they just love this noble grape variety and cannot resist the temptation to see what it will produce here. It seems that a great deal of effort was necessary to make this Riesling a reality. A special terroir was discovered in a long-abandoned vineyard area (“franco” in the name “Campofranco” means “unused”). It is kind of extreme terroir and the cellar treatment is distinctive, too. The result is a wine that Sue said she wouldn’t have guessed to be a Riesling. Lots of minerality, a whiff of petrol that quickly disappeared. Fascinating and delicious. Kinda wild, too. Worth seeking out as are all the Tenuta Carretta wines we have tried.

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At the end of Piero Antinori’s book, he peers into the future and sees the outlines of what is recognizably the wine world of today, where consumption quantities are falling, wine quality is rising, the family wine firms are stronger than ever. He was right about quality and about the challenges he saw ahead for the wine market generally. Time will tell how family wineries fare in the global and local market adjustments that lie ahead. These seem like just the sort of challenges that family wineries are built for.

100 Years of Wine Industry Ups & Downs: Highlights of the OIV Centennial Report

The International Organization of Wine & Vine (OIV) is  celebrating its 100th year in 2024. I like to think of the OIV as the United Nations of the wine world although its purpose is scientific and technical, not political. Membership includes most of the world’s most important wine-producing nations with the noteworthy exception of the United States.

To mark its first one hundred years, the OIV  released a report last week on 100 years of evolution of the global wine and vine sector. The report’s perspective differs from most studies in that it is both global and long-term. I have selected three figures from the report that I think are useful to consider as the new wine year begins and we think about where wine is headed in the future.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#1 The Rise of the International Wine Trade

Wine was mainly multi-local (not really global) 100 years ago. Most French wine was sold in France. Ditto Spain, Italy, and most other places. Only about 10% of wine crossed a national border on its way from producer to consumer.

Now, as the figure above shows, international trade is a much more important factor in wine. Trade is even more significant than the figure above suggests because these are just shipments of wine. The international movements of equipment and supplies, workers (including flying winemakers and flying interns), and technology add to the global web that is wine today.

The surge in international wine trade started in the 1970s and was accelerated by the combined effects of trade agreements that removed political barriers to wine shipments, transportation technology improvements that made shipping more efficient, and domestic retail liberalization in many markets that stimulated demand for imported wine.

But, as you will see in the next section, there was another and perhaps more important reason for the rise of the international wine trade. As domestic wine consumption fell in many countries, exports became a crucial business strategy. Soon big wine countries like Spain were exporting more than they sold at home.

 

 

 

 

 

 

#2 1984 and All That

Global wine consumption increased starting in the 1950s powered by Europe’s rising post-war economies. But global consumption, measured by volume not value, peaked about 40 years ago. European wine sales fell and were not entirely offset by rising consumption in North America and elsewhere.

There are a number of factors that contributed to the slump in European wine sales. One of them is surely an economic transition where consumers substituted quality for quality as their economic security improved. Health issues may also have become more important. The levels of per capita wine consumption in some European regions 100 years ago were unsustainable by today’s standards.

Rising ROW (rest-of-world) wine consumption offset European decline, but only for a time.

 

 

 

 

 

 

#3 Supply-Side Jitters

It is hard to know exactly what is going on with wine production in real time because cyclical and structural changes tend to happen at the same time, frequently punctuated by wild card events such as freak weather. Looking back, however, this accounts for the jittery pattern seen in the figure above.

It is clear that global wine production by volume actually peaked in 1979. (Global area given to vineyards for all purposes peaked in 1978.) Wine production has its ups and downs, but the overall trend is to lower quantities of wine, albeit at rising average prices. The decrease was especially significant in Europe. Rising production elsewhere is not enough to make up the difference.

Rise and Fall

The OIV report makes fascinating reading with more detail than I have room for here (click here to view the pdf of the presentation).

The overall pattern of rise and fall invites the obvious questions: What about the future? Is wine headed toward further decline? Or is an up-swing around the corner?

The OIV report’s conclusions balance optimisism with realism:

Change is a constant
The wine sector is highly resilient
Science and learning make a huge difference
Production and consumption are in constant evolution
The impacts of climate change are accumulating
International trade is integral to the sector
The wine sector is a long-term sector

It is hard to sum up 100 years of wine industry history in a few words, but I think the OIV has done a good job. Wine and the wine business have always changed and evolved and always will do so. A long-term perspective is needed to successfully navigate the shifting currents.

Maybe this isn’t the detailed recipe for future success that you were hoping to find, but it seems like good advice to me.