Posted on 05/01/2017 9:30:06 AM PDT by Oldeconomybuyer
Conveniently ignores the wrecking of Western Europes vinyards last week. Due to cold.
Texas has grown from the #10 producer to #6 over the past five years. Napa has become more of a real estate play, as real estate prices are approaching $3-5 million an acre.
That's why areas like Roseburg OR, and Idaho are seeing interest as wine producing regions. Roseburg's got a lot of farmland suitable for growing grapes. I don't know what a typical acre costs, a quick search threw out estimates between $15K to $50K per acre. Last time I was there, Roseburg had two dozen wineries and over $30 million had recently been invested new vineyards.
I lived along the Mosel for four years, it got plenty cold during the winter, and the low today in Traben-Trarbach was 41, typical for that time of year. OTOH, it was 45 degrees when I started my car this morning (Dallas), which means climate change is affecting us too.
Yes, these climate change worriers are freaks! Somehow people migrated throughout human history. Even taking hold in very cold climates, hot ones, too. We can handle this.
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