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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
France’s wine producers start harvesting in earnest in September. But particularly bad weather in 2012 means some areas anticipate shortfalls of up to 20%. It is likely to be France’s smallest grape harvest since 1991.
[Ed. Note: Things are really getting tough. This means record low wine production. ~Kerry.]
by Tony Todd
France24
French wine producers expect this year’s grape yield to be the lowest in almost 20 years, as a result of exceptionally bad spring and early summer weather.
The harvest is being gathered in the coming weeks in what the French call “les vendanges”, a highlight of the country’s agricultural calendar.
But a mixture of late frosts, heavy rain throughout the spring and early summer, and higher than usual levels of mildew on the vines means that in some regions, especially in central France, the yield is expected to be down by as much as 20 percent from last year.
The latest figures from the French Agriculture Ministry estimate the country’s total output will be 42.5 million hectolitres [one hectolitre = 100 litres] compared to 51 million in 2011, a decrease of 15 percent and the lowest output since 1991. France exports some 15 million hectolitres of wine annually.
Continue Reading at France24.com…
2012-09-06 07:39:29
Source: http://silveristhenew.com/2012/09/06/france-expects-lowest-grape-yield-in-two-decades/