Vine pull schemes
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Vine pull schemes are programs whereby
Plan Bordeaux proposes additional vine pulls to increase prices for generic Bordeaux wine
.
It is believed that this has contributed to the "global wine shortage". Research by America's Morgan Stanley financial services firm says demand for wine "exceeded supply by 300m cases in 2012".
References
Further reading
- Robinson, Jancis (Ed.) The Oxford Companion to Wine. Oxford: Oxford University Press, second edition, 1999.