LEHIGH ACRES FGCU softball team helps Habitat for Humanity build three homes The Florida Gulf Coast University softball team helped Habitat for Humanity build three homes Saturday.
ESTERO Home Base Golf Tournament helps SWFL Veterans Veterans hit the green at the Copperleaf Golf Course on Saturday. This was part of the Home Base golf tournament.
FORT MYERS At least one person dead after propane truck collides with golf cart Florida Highway Patrol is investigating a crash that has left one person dead and another injured Saturday morning.
Scattered storms ahead for your Saturday plans The Weather Authority is tracking weekend temperatures in the low to mid-90s this weekend with a chance for scattered storms this afternoon.
WINK NEWS SWFL Scoreboard: High School Football Week 3 Thunderstorms tried to put a stop to week three of high school football on Friday Night, but gridiron action prevailed.
Man accused of plotting murder-for-hire denied bond A man suspected of being involved with a murder-for-hire plot will stay behind bars. Ryan Toranzo had his renewed motion to set bond denied today in Collier County Court.
LABELLE Two dead after crash on State Road 80 According to the Florida Highway Patrol, there was a crash on State Road 80 that has left at least one person dead Friday evening.
DeSoto County looks to recruit more teachers While it can sometimes be easy to fill a classroom with students, it is not so easy for teachers. Schools across the nation and locally in Southwest Florida are still dealing with the challenges of teacher shortages. With class back in session, so is teacher recruiting for DeSoto County schools. The assistant superintendent, Jake Reynolds, […]
IMMOKALEE ROAD Push for change after deadly crash on Immokalee Rd. We’re told the woman was driving with two kids in the car when a semi ran a red light and hit her Thursday morning.
FORT MYERS BEACH Mobi-Mats deployed on Fort Myers Beach A walkway to paradise! Brand new and blue, the Mobi-Mat is making things easier for Fort Myers Beachgoers.
NAPLES Women of Steel business conference inspiring and empowering women Focused, hardworking, empowered. These women have made a name for themselves as Women of Steel.
NAPLES Beloved Collier County bus driver retires after 20 years After 20 years of getting kids to school safely, a beloved Collier County bus driver is retiring.
Wade Wilson has new death row mugshot Convicted double-killer Wade Wilson has a new death row mugshot.
SOUTHWEST FLORIDA Sizzle Dining is back in SWFL It’s Sizzle Season! Local restaurants are ready to welcome new faces by offering exclusive menu deals to attract new customers.
LEHIGH ACRES FGCU softball team helps Habitat for Humanity build three homes The Florida Gulf Coast University softball team helped Habitat for Humanity build three homes Saturday.
ESTERO Home Base Golf Tournament helps SWFL Veterans Veterans hit the green at the Copperleaf Golf Course on Saturday. This was part of the Home Base golf tournament.
FORT MYERS At least one person dead after propane truck collides with golf cart Florida Highway Patrol is investigating a crash that has left one person dead and another injured Saturday morning.
Scattered storms ahead for your Saturday plans The Weather Authority is tracking weekend temperatures in the low to mid-90s this weekend with a chance for scattered storms this afternoon.
WINK NEWS SWFL Scoreboard: High School Football Week 3 Thunderstorms tried to put a stop to week three of high school football on Friday Night, but gridiron action prevailed.
Man accused of plotting murder-for-hire denied bond A man suspected of being involved with a murder-for-hire plot will stay behind bars. Ryan Toranzo had his renewed motion to set bond denied today in Collier County Court.
LABELLE Two dead after crash on State Road 80 According to the Florida Highway Patrol, there was a crash on State Road 80 that has left at least one person dead Friday evening.
DeSoto County looks to recruit more teachers While it can sometimes be easy to fill a classroom with students, it is not so easy for teachers. Schools across the nation and locally in Southwest Florida are still dealing with the challenges of teacher shortages. With class back in session, so is teacher recruiting for DeSoto County schools. The assistant superintendent, Jake Reynolds, […]
IMMOKALEE ROAD Push for change after deadly crash on Immokalee Rd. We’re told the woman was driving with two kids in the car when a semi ran a red light and hit her Thursday morning.
FORT MYERS BEACH Mobi-Mats deployed on Fort Myers Beach A walkway to paradise! Brand new and blue, the Mobi-Mat is making things easier for Fort Myers Beachgoers.
NAPLES Women of Steel business conference inspiring and empowering women Focused, hardworking, empowered. These women have made a name for themselves as Women of Steel.
NAPLES Beloved Collier County bus driver retires after 20 years After 20 years of getting kids to school safely, a beloved Collier County bus driver is retiring.
Wade Wilson has new death row mugshot Convicted double-killer Wade Wilson has a new death row mugshot.
SOUTHWEST FLORIDA Sizzle Dining is back in SWFL It’s Sizzle Season! Local restaurants are ready to welcome new faces by offering exclusive menu deals to attract new customers.
Having more grapes to make wine sounds good, but if there’s not enough demand to support increased production, the surplus grapes go to waste. (Credit: CBS News) Let’s raise our tumblers and toast to cheaper wine. The price of wine is expected to drop to its lowest levels in five years thanks, in part, to a surplus of California grapes. Combined with a decreased demand for wine, drinkers can expect to get better value for every drop they drink this year. The cheaper prices may even last up to three years. Rob McMillan, founder of Silicon Valley Bank’s Wine Division and author of the annual State of the Wine Industry report, predicts US wine consumers will enjoy the “best wine retail values in 20 years.” There are too many grapes Vineyards in Northern California began planting thousands of acres of new vines in 2016, and with more efficient harvesting methods, it has led to more bountiful harvests of grapes. Having more grapes to make wine sounds good, but if there’s not enough demand to support increased production, the surplus grapes go to waste. Jeff Bitter, president of Allied Grape Growers, told CNN that it’s possible for surplus grapes to make it to the secondary market, where they’re used for brandy or as grape concentrate. But that market doesn’t typically provide sustainable returns for growers. “The main cause of oversupply today is the culmination of a few years of slowing wine shipment growth, with an ample 2018 wine grape crop as an exclamation point,” Bitter said. “Until 2015, wine shipments had grown, almost predictively, for two decades. The slowdown in growth has caught the industry by surprise. “Since it takes up to five years to bring wine to market from the initial planning stages of planting a vineyard, it makes hitting future demand very complicated. In this case, we overshot demand.” To bring the market back into balance, California growers will need to cut down on producing acres of vines. “With flattening consumer demand for wine, unless vineyard acres are removed, balance will be difficult to find,” McMillan told CNN. “Balance will first be found in Napa, followed by other premium regions in California. It will take at least 2-3 years for grape pricing to stabilize.” Unprecedented value in 2020 Wine consumption has dropped for the first time in 25 years, with more Americans turning to liquor and ready-to-drink cocktails, according to industry group IWSR. “The industry should rightly be concerned,” McMillan said. “We aren’t engaging with the millennial consumer, and boomers who have driven wine sales for the last 30 years won’t live forever.” McMillan believes that the larger millennial population has not yet embraced wine, which is the wine industry’s largest growth opportunity. But he thinks that improved value on wine could lead to millennials becoming “more consistent wine buyers.” “Today, the wine supply chain is stuffed,” McMillan wrote in his report. “This oversupply, coupled with eroding consumer demand, can only lead to discounting of finished wine, bulk wine and grapes. US wine consumers will discover unprecedented retail value in 2020 and should buy up.”