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Thursday, July 30, 2015

Celebrating Vintage 1986

Last night, I was with Japanese customers at La Toque Restaurant in Napa.  I brought a bottle of Pichon Lalande 1986 (RP 97 Points) that I have just bought as part of a nice Bordeaux & Burgundy cellar (stay tuned - details will follow!) and decided to throw in another bottle for our dinner.  As there were 7 of us, a Magnum seemed like a good idea and I grabbed one of Cain Five that I had in stock.  I did not realize until I looked at the two bottles together that they were both of the 1986 vintage.

I decided to start with the Pichon, as I suspected that the California Cab would make it very difficult to enjoy a more subtle Bordeaux afterwards.  We were very impressed with the youthful, very elegant Pichon that showed no signs of fatigue and keep on evolving very nicely in the glass over two hours.  I feared that the Cain would be suffering from being tasted behind a Bordeaux Second Growth, but to our surprise and joy, it was very pleasant and also very youthful and multi-layered!

What a nice evening!  どうもありがとうございました! とても楽しかったです!!
#PichonLalande #Vintage1986


Tuesday, July 28, 2015

We are sending good thoughts to Bordeaux

Resurgent Forest Fire Threatens Bordeaux

Firefighters have spent the weekend battling the blaze.
© AFP | Firefighters have spent the weekend battling the blaze.
A blaze in a pine forest has prompted evacuations from suburbs of the famous wine city.
A forest fire raging near the southwestern French city of Bordeaux was advancing again Sunday afternoon after strong winds crushed firefighters' hopes of a break in the weather.
Efforts to put out one of the country's worst fires in five years were considerably stepped up on Sunday, after fire crews had spent almost two days battling the blaze in pine plantations to the west of the Bordeaux suburb of Pessac.
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The fire, which erupted Friday afternoon and spread quickly because of strong winds, has now consumed nearly 550 hectares (1,360 acres) of forest on the western edges of the city.
Some 500 firemen and other forces have been deployed, including reinforcements from across France, as Interior Minister Bernard Cazeneuve visited the firefighters' operations center on Sunday morning, according to French media reports.
Seven firefighting planes were deployed Sunday afternoon to back up efforts on the ground.
However winds at up to 50 kilometers (30 miles) per hour were fanning the flames, police official Pierre Dartout said.
"The fire has advanced again," he warned.
"It's a complicated fire," local fire chief Jean-Paul Decellieres said.
"It surges depending on the direction of the wind," he added, warning it may take several more days before the fire is put out.
The causes of the fire remain unknown though a police investigation is underway.
Much of France is experiencing a drought and several fires broke out Friday in the pine forests that dominate to the west and south of the city Bordeaux.
Most of Bordeaux's most-famous vineyards are situated mostly to the east and north of the city, but there are wineries in the area of Pessac-Léognan, including the famous Château Haut-Brion estate.
Authorities ordered the evacuation of 40 households in the town of Saint-Jean-d'Illac and 80 in the Bordeaux suburb of Pessac on Friday as a precaution. Some 80 residents of a psychiatric facility were moved to a local gym.

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Friday, July 24, 2015

Talk to US about Offers of Bordeaux 2005!

10 Years After – Bordeaux 2005

Each Bordeaux commune is studded with gems, but Saint-Julien stood out.
© Saint-Julien Médoc Syndicat Viticole | Each Bordeaux commune is studded with gems, but Saint-Julien stood out.
From a recent tasting, Adam Lechmere selects his top choices and his best-value wines from the wonderful 2005 vintage.
It's a cliché, but no less true for that: you should look for the smaller estates in a great Bordeaux vintage, and the great estates in a lesser vintage. Such advice has never been more apt than with 2005, the "perfect" vintage that started the modern era of over-the-top prices and launched the first growths and their siblings into the stratosphere.
Related stories:
Bordeaux 2005 Raises Interest on Fine Wine Market
Montrose Leads Bordeaux Price Rally
10 Things Every Wine Lover Should Know About Leoville Barton
2005, which London merchant Bordeaux Index has just presented to a small group of journalists as the latest in its annual "Bordeaux 10 Years On" tastings, was always going to be the stuff of legend. "If it could, Bordeaux would settle for a 2005-type vintage every year," the négociant Bill Blatch said at the time. The growing season was ideal, with minimal rain (what fell, fell in gentle showers at just the right time), consistent sunshine but no heatwaves, and a long, dry autumn allowing vignerons to harvest in a leisurely fashion.
Today it's clear that 2005 is indeed a wonderful vintage. I was constantly surprised and delighted by the elegance and succulence of the wines. The finest wines are rich without being jammy, lean without being drying, with finesse and opulence and, above all, concentration that will ensure them a life of decades.
As in all great vintages this is true across the board – the wines are extraordinarily consistent. Although I thought Saint-Julien showed best, each commune, especially on the left bank, is studded with gems.
The Right Bank was slightly less compelling in that there was more chance of finding wines that were over-oaked and over-extracted, in a few cases (Pavie, and Pavie-Decesse to name two) they finished with a banana-peel dryness that will not soften with age. That was Saint-Émilion; the Pomerols, by contrast, were as consistently excellent as their Left-Bank counterparts.
Commune by commune
Saint-Émilion
The perfect growing season led to very ripe Merlot on the right bank, high in alcohol and with powerful tannins. Those that went for full ripeness (some properties picked into October) had to be careful with extraction. Some wines have tannins that, even after 10 years, are robust to the point of dryness. There are lovely restrained wines at the more classic end of the spectrum. High prices throughout precluded recommending a great value wine.
Top choice: Château Cheval Blanc, 1er Grand Cru Classé A, Saint-Émilion
Delicate tarry mouthfeel, very opulent and plush, tannins under tight control, dry and very intense blackcurrant fruit, coffee and dark chocolate. Harmonious, very elegant.

Adam's top choices from 2005.
© Wine-Searcher | Adam's top choices from 2005.
Pomerol
Dominated by the properties of J-P Moueix and its sure-handed proprietor Christian Moueix, Pomerol shines. There are sumptuous offerings at every level. Way out of reach of any but the ultra-rich, Petrus is a model of discretion and power. Pomerol being such a tiny appellation, obtainable wines are few.
Top choice: Petrus, Pomerol
Discreet smoky nose, leading to fresh and powerful blackberry, black cherry and minty, spicy tar on the palate, and a dry length releasing fresh gouts of juice. A long, long time before this is ready.
Best value: Château Gazin, Pomerol
Hint of beef stew on the nose and sweet black cherry. Tannins – at the moment – are sharp and sour, they hardly seem to have evolved. The whole is dense, sweet and charming, with a kind of restrained sumptuousness.
Saint Estèphe
With the exception of Cos d'Estournel, always an outlier, the 2005s of Saint-Estèphe are characteristically restrained and, even 10 years on, they have an austerity you don't expect from such a fabled vintage. Cos's tarry, violet perfume and opulent fruit are echoed in Calon-Ségur and Montrose, but on a tighter rein, the tannins fresher and drier, the gouts of juice less exuberant, but with the certainty they will soften over the next decade.
Top Choice: Château Calon-Ségur, 3ème Cru Classé, Saint-Estèphe
Nose very restrained, closed, palate presenting (at first) dry, austere tannins. Then classic briar fruit pushes through, the tannins become silky and dissolve to the tiniest darts of juice. Very pure, arrow-straight acidity is a guarantee of how this will mature. Finesse and power. Masterful.
Best value: Les Pagodes de Cos, Saint-Estèphe
Cos's second wine is more restrained and more typically Saint-Estèphe than its often egregious big brother. Lovely meaty peppery nose, violet perfume on the palate with fresh green herbal notes. Elegant and fine.
Pauillac
A run of marvels, fresh and savory delights with muscle and finesse. Of the first growths, Latour has numinous power and concentration, while Lafite and Mouton – if you had to choose – have an added dimension of light-footed elegance. Pontet-Canet and the Pichons Comtesse and Baron have all produced superb wines with decades ahead of them. At every level my notes repeat the words "spice", "delicate perfume", "savory elegance", and "minerality". The most robust wines have hints of beef; all are shot through with freshness and purity, the finest with herbal notes.
Top Choice: Château Lafite Rothschild, 1er Cru Classé, Pauillac
In a very close field, Lafite comes first for the sheer confidence of the winemaking. The bright, lifted blackcurrant and blackberry fruit is sweet and fresh, the tannins ripe, the acidity mouthwatering, the whole complex and charming with a sense of everything held back to be released as the decades go by. Triumphant.
Best Value: Château Haut-Batailley, 5ème Cru Classé, Pauillac
Smoky burnt briar nose, very sweet, then palate linear and full of juice, restraint with opulence. This ends with lovely weight and freshness, full length, uncomplicated.
Saint-Julien
Just to the south of Pauillac without the iron that characterises its neighbor's soils, Saint-Julien's wines – exemplified by Léoville Barton – are perfumed and delicate. This commune has excelled in 2005, the wines loaded with perfume, coffee, sweet plum fruit, and fresh tannins.
Top Choice: Château Léoville Barton, 2ème Cru Classé, Saint-Julien
Sophisticated nose full of life but discreet, with such charm and freshness. Weight provided by coffee and truffle, and a saline minerality. Length of finesse and power. Very fine indeed.
Best value: Château Talbot, 4ème Cru Classé, Saint-Julien
Rich mineral, savory nose with great charm. Palate also full of charm, defined blackberry and coffee, very discreet and old-fashioned, like the château itself. Tannins are dry but dissolving and sweet at the end. Very attractive.

Adam's best value choices from 2005.
© Wine-Searcher | Adam's best value choices from 2005.
Margaux, Listrac and Moulis
If there is a wine which stands out for purity, freshness and control in 2005, it is Palmer. 2005 in Margaux is charming, the wines with lovely weight and balance of acidity and tannin, many with additional layers of old-fashioned cigar box, pot-pourri and fresh autumn fruits. And don't discount the sub-regions of Listrac and Moulis, whose wines show the same consistency.
Top Choice: Château Palmer, 3ème Cru Classé, Margaux
Very dark in hue and viscous. Very discreet, perfumed violet nose, incredibly subtle but exotic; tannins present and juicy, lovely weight in mouth, constant interplay of dryness and juice, tannins and acidity, wonderfully controlled – now and forever.
Best value: Château Poujeaux, Cru Bourgeois Moulis
Violet perfume and sweet briar. On the palate, damson and cedar, sour plum with lots of spice – cloves – the whole juicy and mouthwatering. Soft length, delicate, not powerful but defined.
Pessac-Léognan
Rich, powerful and savory wines, from the hints of smoke and bacon in Haut-Bailly to the rich licorice and blackberry of Smith Haut Lafitte. The appellation stands out for its opulence and depth; Haut-Brion, and its renowned sister La Mission Haut-Brion, though many levels above in terms of price, hardly eclipse the likes of Domaine de Chevalier.
Top choice: Domaine de Chevalier, Cru Classé Pessac-Léognan
Rich creamy nose, real sense of depth and richness, blackberry compote, truffle, licorice. Instant austerity, though, on the palate, leading gradually to fine damson, violet perfume and fresh acidity. Delicate deceptively fine length with gripping, juicy tannins.
Best value: Château Malartic-Lagravière, Cru Classé Pessac-Léognan
Very savory beefstock nose with ripe plum. Tannins kick in dry and early, releasing juice and sour-sweet plum and damson flavors. Fresh, defined, classic, not opulent, tannins still dry. Now – 2020.

Thank you for (almost single-highhandedly) supporting the Wine Trade! A la tienne, Gerard!

Gerard Depardieu Says He Can Drink 14 Bottles Of Wine In A Day

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French actor Gerard Depardieu revealed he can drink up to 14 bottles of wine in one, single day. That's a lot of vin.
Depardieu spoke about his drinking habits during an interview with the UK's So Film magazine.
"When I'm bored, I drink," he said. "Apart from occasional compulsory moments of abstinence. After undergoing bypass surgery (five times), and also because of cholesterol and stuff, I have to be careful. Anyway, I’m not going to die. Not now. I still have energy. But if ever I start drinking … I can’t drink like a normal person. I can absorb 12, 13, 14 bottles … per day. But I’m never totally drunk, just a little pissed. All you need is a 10-minute nap and voilà, a slurp of rosé wine and I feel as fresh as a daisy! I have to admit that when I start counting, doctors start worrying."
The 65-year-old actor made a conscious effort to cut back on his alcohol intake after undergoing an emergency quintuple bypass in 2000 following a heart attack, the New York Times notes.
In 2012, Depardieu was arrested for allegedly driving his scooter drunk after he got into an accident during an afternoon in Paris.
The star has admitted to living a life of excess, but says it has never hurt his persona in his native country.
“I think it corresponds to an image that the French love. Someone who is a bit of a rebel, who shakes things up, and is sometimes drunk. It’s a bit of this hooligan spirit which pleases Putin,” he said during an interview last year, referencing his friend and Russian President Vladimir Putin. He later added: “[I’m] drunk sometimes, but my drunkenness is part of my excess. I’ve never jeopardized investors.”

Thursday, July 23, 2015

Are you looking for wine shots?

Please contact me for your photo needs for websites, cards and posters (www.dreamreflectionz.com)




Napa Sets New Record for Earliest Harvest

Napa Sets New Record for Earliest Harvest
© Mumm Napa
California's harvest season seems to be getting earlier as Mumm starts picking for sparkling wines.
Mumm Napa is scheduled to kick off Napa Valley's harvest season today in what will be its earliest start on record.
Winemaker Ludovic Dervin said the sparkling wine specialist's first pick will be one day earlier than the previous earliest harvest kickoff in 1997 – a warm year that was considered one of Napa's greatest at the time.
Related stories:
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"We had a pretty warm month in January (this year), and the vines started to push early," Dervin told Wine Searcher.
Mumm is traditionally one of the first Napa wineries to pick, because grapes for sparkling wine are picked earlier than for still wines. But most Napa grapes are ahead of schedule, said Napa Valley Grapegrowers director Paul Goldberg. The majority of Cabernet grapes are going through veraison, about a week earlier than usual.
Early reports are that the crop will be smaller in 2015, after record-size harvests two years in a row. It's way too early to talk about quality, but so far most of Northern California has avoided the kind of extreme weather events that cause trouble.
"People are cautiously optimistic about a great vintage," Napa Valley Grapegrowers executive director Jennifer Putnam told Wine Searcher. "It's been relatively smooth sailing so far for this growing season. I've heard some glowing reports about what's out there."
It's a big state, though, and some southern wine-producing areas like Paso Robles were just hit by the remnants of Hurricane Dolores. This would be a problem if Paso's grapes were further along, but they seem to be a bit behind Napa, at the perfect phase of development to enjoy a nice drink of water.
"We got 2.6 inches (6.6 cm) of rain on Sunday," said Jason Haas, general manager of Paso's Tablas Creek. "But we're so far away from harvest that we think its impact will be minor, and mostly positive. We're fully two weeks behind last year, and likely won't see anything significant before the end of August."
Realistically, that's true for Napa as well. Even though Chardonnay starts bubbling away in fermentation tanks this week, the important harvest season is still a month away.
"In Napa we're fortunate enough to be able to grow a wide variety of grapes," Putnam said. "But Cabernet is king. So the moment of truth for Napa is when the Cabernet starts to ripen. That's the end of August and early September."
In fact, that's the cautionary note for any consideration of harvest quality. Just because California had three years in a row of warm, dry weather throughout September doesn't mean it will happen again in 2015.
Weather forecasters are predicting an El Niño effect that could bring California the kind of heavy rain it needs to make a dent in the three-year long drought. Normally El Niño rains happen after harvest – but did you see California just got hit by the tail end of a hurricane? What's normal weather in the era of climate change?
"The big talk here is about El Niño and flooding," Putnam said. "People are trying to buy as much erosion-control material as they can. It's just so funny to hear people talking about having a hard time buying straw."

#NapaHarvest #CaliforniaVintage2015

Ten Years Since Sideways Turned Pinot Noir Into a Film Star

Miles to Jack: "Let me show you how this is done."
© Fox Searchlight Pictures/Merie W. Wallace | Miles to Jack: "Let me show you how this is done."
How an award-winning Hollywood road movie managed to change perceptions about two important grape varieties.
This week a whole decade ago, Miles and Jack sauntered onto U.S. screens for the first time, and set about changing our perception of wine movies and – perhaps more importantly – the way we felt about Merlot.

Sideways follows the pair through a week in Santa Barbara wine country, ostensibly Jack’s last fling before he weds. Really, it turns into a chance for Miles, a failed writer, to wallow in drunken self pity and be the kind of know-it-all wine snob we all know we are deep inside.
Related stories:
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The film was a critical and commercial success, netting director Alexander Payne an Academy Award for best Adapted Screenplay and a nomination for Best Picture. To many wine insiders’ surprise, it also had a profound influence on wine-buying patterns across the world.

The film is, at its essence, a love letter to Pinot Noir. Miles makes an impassioned soliloquy for the grape when asked why he is "so into Pinot", and following the film’s release in late 2004, sales of Pinot Noir wines soared. U.S. wine companies were looking all over the world for opportunities to capitalize on this sudden interest in the variety.
But, despite a good 120 minutes of the film focusing on how wonderful Pinot Noir is, Sideways’ lasting legacy has been on Merlot – specifically Miles’ derision of the grape which gave us the film’s most quotable line: "If anybody orders Merlot, I’m leaving. I am not drinking any f****g Merlot!"
While there was a small decrease in Merlot sales in the U.S. following the film’s release, the line’s most lasting impact has been on the grape’s street cred. Drinkers are still quick to slag off the variety, replacing it in their public lives with Pinot while secretly quaffing the crowd-pleaser at home.
This reputation has carried over into Merlot’s popularity on the Wine Searcher database. Despite being the world’s second most-planted grape variety in 2010 (behind Cabernet Sauvignon), Merlot doesn’t even come close to rivalling Pinot Noir in popularity. So far this year, the database has seen four times as many searches for Pinot Noir wines as it has for those based on Merlot.
Perhaps not surprisingly, the most popular Merlot wine is Petrus: arguably the variety’s most famous expression and one with an average price on Wine-Searcher of $2845. Overall it is the third most-searched for wine on the site.

Pinot Noir, on the other hand, blows Merlot out of the water in terms of average price. The top Pinot Noir wine is Romanée-Conti, which has an average Wine Searcher price of $13,116. Domaine de la Romanee-Conti, affectionately known as DRC, is well-represented in the list: six of the top ten most-searched for Pinot Noirs are from this illustrious Burgundy estate, all of them grand crus. Miles name-checks one of these – the Richebourg – during the film.

Ironically, Miles’ pride and joy is a bottle of 1961 Cheval Blanc which includes, of course, a hefty chunk of Merlot (Cabernet Franc makes up the other component – another variety Miles turns his nose up at in the film). One can’t help but wonder if this entirely deliberate "goof" is a middle finger to the most pompous of wine snobs, something that Miles most emphatically is.
The film’s brief message about Merlot – more of a punchline than anything else – has probably helped win advocates for the variety, while weeding out the slaves to fashion. Ten years on, the Merlot name appears on fewer $15 bottles than before, but graces more $50 bottles, never mind how many people are searching for it on Wine Searcher.

Unfortunately, the opposite is probably true for Pinot Noir – be careful what you wish for.

Bordeaux White

Living in California, we do not often have the opportunity to drink Bordeaux White.  I still prefer Burgundy White, but this Tour Mirambeau was absolutely perfect with crab on a beautiful summer evening in Arcachon!

#WhiteBordeaux #FoodPairing




The Birth of Claret




For our second extract from Oz Clarke's new book, The History of Wine in 100 Bottles, read about the birth of claret, dating back to the 12th century.
Claret 1645Chateau TalbotSo often in our history, it’s politics, not taste, that decides what our favourite tipple is going to be. One of our lot marries the King of Spain’s daughter, so suddenly we’re all drinking sherry. A Dutch prince suddenly turns up on the English throne, so suddenly we’re all drinking gin. And it’s the same with Bordeaux and its wine, which for hundreds of years became known as the Englishman’s drink – claret, or the light red wine of Bordeaux.

Bordeaux had been settled by the Romans, but not with the objective of planting vineyards. It was because the Gironde estuary with Bordeaux at its bend is the biggest natural harbour in western Europe. A perfect place for a trading post, because if you look at a map the best shortcut between the Mediterranean and the sea routes to the markets of northern Europe is across southwest France from Narbonne to Bordeaux. The Romans did plant vines – particularly around Blaye, Bourg and Saint-Émilion on the right side of the Gironde – but when their empire collapsed, Bordeaux’s trade went with it. By the Middle Ages, the young port of La Rochelle to the north was far more prosperous, initially for its salt exports, but pretty quickly for its wine too. Again, it wasn’t that the wine was good, but that the ships needed filling. Trade not taste. In 1151, Henry Plantagenet, the future Henry II of England, married Eleanor of Aquitaine – and with her came the massive dowry of Aquitaine. The kingdom of France didn’t cover all of modern France in those days, and Aquitaine was a powerful independent dukedom covering the whole of southwest France, including La Rochelle and Bordeaux. Aquitaine now became English.

La Rochelle continued to prosper until the King of France attacked Aquitaine; La Rochelle surrendered, while Bordeaux pledged eternal loyalty to the English crown, and from then on a deep, special relationship developed between Bordeaux and England, with wine at its heart. To be honest, the local Bordeaux wines were a bit insipid and needed beefing up with wines from places like Cahors and Gaillac inland, but by the 14th century Bordeaux merchants – an increasing number of them British – were shipping casks equivalent to 110 million bottles of wine from the quays of Bordeaux each year. Vines were planted all round the city walls and particularly in the Graves, though not in the Médoc to the north, which would eventually become Bordeaux’s most famous region – but until the Dutch drained it in the 17th century it was a swamp. Great convoys of 200 or more ships at a time would arrive in Bordeaux each autumn and each spring to load up with Bordeaux ‘claret’ and head for English and Scottish ports such as Bristol, London, Leith and Dumbarton. By the 14th century some estimates reckon Bordeaux was sending Britain enough wine for every man, woman and child to have six bottles each. Bliss.
But it couldn’t last. France wanted Aquitaine back. England wanted to keep it, and in 1337 the Hundred Years’ War broke out. It ended in 1453 with Sir John Talbot of the English side being defeated at the Battle of Castillon. Some said he’d had too much to drink for lunch. No matter. The British taste for Bordeaux red wines was established, and remains to this day.

This extract was taken from The History of Wine in 100 Bottles by Oz Clarke.

#Bordeaux #Claret #OzClarke

Friday, July 3, 2015

A Beautiful Evening at Cantemerle during Vinexpo


After a hectic day at Vinexpo, a chilled glass of Champagne in the shade was pure heaven.  Thank you to the organizers for providing such a varied and light buffet instead of a heavy meal and the wonderful vertical tasting!

#Cantemerle #Vinexpo

I think I prefer visiting wineries the old fashioned way!

Virtual visitors to California can now take a panoramic tour of dozens of the state’s wineries thanks to new additions to the Street View feature in Google Maps.
The internet giant has added 360-degree panoramas of nearly 80 of California’s 1,000-plus wineries as part of an initiative that has extended Street View to more than 200 new locations across the state.
Via a ‘See Inside’ tab, internet surfers can now enter the premises of a number of leading producers, including Dry Creek Vineyard, Frog’s Leap, Schramsberg and Artesa.

Read more at http://www.decanter.com/wine-news/google-street-view-offers-virtual-tours-of-california-wineries-265643/#pVbHqupQdGKgSlIg.99

Bordeaux Vintage 2015 is looking good!

Chateau owners in Medoc say the Bordeaux 2015 vintage has got off to a good start following excellent flowering conditions in the vineyard, despite some concerns over recent rain.
Image: Chateau Margaux vines.
The flowering period of the Bordeaux 2015 growing season has put chateaux owners in an optimistic mood, with several describing conditions as ‘perfect’.
‘There is still a long way to go, but we have nice, big bunches and that means there is good potential for quantity,’ said Philippe Dhalluin, of first growth Chateau Mouton Rothschild in Pauillac.
The character and quality of the Bordeaux 2015 vintage can still be determined in the next three months. There have already been concerns about rot in some vineyards due to recent bouts of rain.
In 2014, the growing season got off to an early start but was pinned back by a cold, damp August – only to be rescued by the hottest September in Bordeaux for decades.
At Chateau du Tertre and Chateau Giscours, director Alexander Van Beek said he was particularly impressed with the Merlot flowering period. ‘We haven’t seen this with Merlot for years,’ he told Decanter.com.

Read more at http://www.decanter.com/bordeaux-wines/bordeaux-news-bordeaux-wines-3/bordeaux-2015-medoc-chateaux-dare-to-dream-after-perfect-flowering-263703/#G3mxQBjzq1bt0s4r.99

Lix-ex Fine Wine 100 Index grows after years of decline



Fine wine prices are staging a ‘gentle’ recovery after four years of decline – despite a Bordeaux en primeur campaign described as ‘lacklustre’.
Fine wine market Liv-ex said its Fine Wine 100 Index rose 0.9% in June to close on 244.08, up 3.4% on a year ago.
That follows a slow recovery from the nadir of July last year, when the index dropped to 234.01, its lowest level since September 2009. It rose 1.9% to the end of 2014 and has gained 2.3% in 2015 so far.
Bordeaux Index MD Gary Boom said the market was experiencing ‘welcome, gentle recovery’, with the company’s own LiveTrade index up 3.02% in 2015 and rising steadily every month since last August.
‘This gentle growth is welcome as many of our customers who watch the market carefully are no longer dissuaded from making their trades,’ he added. ‘In a falling market they will delay their purchases and understandably so.’
Nonetheless, both Boom and Liv-ex director Justin Gibbs remain cautious about the definitive nature of any recovery.
Describing the market as ‘by no means easy’, Boom said: ‘We are having to work hard for every sale and, aside from around 10 wines that sold very well, either on quality or price or both, the 2014 [en primeur] campaign did not help us very much.
‘That said, if the final feeling from the consumer about the 2014 campaign is one of indifference, then that is a considerably better situation than in the past couple of years, where there was real dissatisfaction with Bordeaux.’
Gibbs said: ‘Despite a lacklustre en primeur campaign, the secondary market has held up very well.
‘After four years of declines, few are prepared to call the turn, but our internal indicators suggest that a long overdue recovery may be under way.’

Read more at http://www.decanter.com/wine-news/lix-ex-fine-wine-100-index-grows-after-years-of-decline-265438/#iiekGV7fpRYESmIG.99

Liqueur tasting in Barcelona

Four versions of the same liqueur - delicious!


We love Spanish Wine!

Although the glasses left a bit to be desired, the wine was delicious!  From the stable of Pesquera.


#SpanishWines #Pesquera