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Individual wineries in Sonoma, Napa, Santa Rosa, Kentfield, Healdsburg and the
Northern California coast sell futures on their individual wines and vintages.
Ira
Jean Jacques Chenier wrote:
> This is an interresting idea however I doubt that Frenchs will ever put it
> in practice. It would be barely feasable. Frenchs don't pay very much
> attention to the grapes but to the soil. Most of the good French wines are
> blend (I think that ALL of the Bordeaux are blend) and because the exposure
> from a piece af land can be pretty different from the sun exposure of an
> another piece of land 200 yards away, for a same vintage of a wine from the
> same area prices can be pretty different. There is not one standard of
> quality that is a must to trade a futures contract. However you can have a
> pretty accurate idea of where prices are heading by monitoring auctions like
> the famous on for Bourgogne of the "Hospices de Beaune".
>
> Jean Jacques
> ----- Original Message -----
> From: <chrischeatham@xxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, June 16, 2001 12:38 PM
> Subject: Re: [RT] Other Weekend Thoughts: Warm Weather Helps Better
> Sauvignon Blanc
>
> >
> > Anyone know if matif ever started trading wine futures? I recall
> > them talking about it a year or so back.
> >
> > Chris
>
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