Thursday, October 31, 2013

Futures in Wine

My attention was drawn to this news item by my friend Tommy Waller of HaYovel:-

According to a report released this week by Morgan Stanley Research, there was a global undersupply of about 300 million cases of wine in 2012, the largest deficit recorded in almost 50 production in Spain, France and Italy--the world’s three largest wine-producing countries making 60 percent of the world’s wine--has sharply decreased...Meanwhile, wine consumption worldwide has increased 8 percent since 2000...

“The data suggests there may be insufficient supply to meet demand in coming years, as current vintages are released,” the report concludes.

Tommy, of course, thought divinely:

This report comes out on the day we finished planting 10,000 vines on Mt Gerizim. Coincidence? How can anyone not believe in the God of Israel?

I also recalled the verse "Again shalt thou plant vineyards upon the mountains of Samaria; the planters shall plant, and shall have the use thereof" in Jeremiah 31:4.

But, I'll admit, I also thought of the market value rise.  But we still have three more years before harvesting those grapes:-


Fruit is forbidden for the first few years after the tree is planted. The first three years of produce is called orlah...We may not benefit from it at all.

In any case, drink the wine of Binyamin (Shiloh; Psagot; Tanya; Gvaot;) and Samaria (Tura; and others)

And, ''l'chayim". 


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