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The recommended range for Cabernet Sauvignon starts slightly higher than the $3,884.49 average price paid per ton in 2003, due in part to increased farming and labor costs, according to NVGGA president Frank Leeds.
As part of their clearing house relationship, the NVGGA and Ciatti will maintain a list of grapes for sale, provide contacts and resources and provide market information and advisory services to grapegrowers and winery customers.
The Grape Crush Report is used for reference data; bottle prices, which reflect the cost of making wine and market trends, are looked at carefully; farming costs are examined and discussed; and the NVGGA takes into consideration the number of planted acres per varietal.
The association sets price recommendations based on analysis of the annual NVGGA bottle price survey, current and projected market conditions, and production cost data.
On the pricing front, the Napa Valley Grape Growers Association (NVGGA) announced its recommended prices for the 1997 harvest.
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