VinoWeek - Episode 66

Vino101

Imported wine prices could be headed lower? Ursula Von der Leyen President of the European Commission and President Biden have agreed to suspend all tariffs with regard to the Airbus-Boeing dispute for four months. President Von der Leyen, the first woman elected to head the European Commission is responsible for setting the Commission’s policy agenda and is just 15 months into a five year term that started in December of 2019. She’s quickly gaining allies in the food and agriculture sectors of Europe by working with President Biden who himself has been in office less than ten weeks to pause the tariffs as officials work to negotiate a longer lasting agreement that can benefit all parties. European wine imports have dropped substantially since the wine tariffs were put into affect in October of 2019. This brief respite will give importers and retailers welcomed relief from the punishing penalties of the increased taxes amidst a pandemic. We’ll have to wait and see if consumers benefit from the unexpected windfall too.

John Fox notorious for running a wine Ponzi Scheme out of his Berkeley, California retail store has been released from federal custody two years earlier than scheduled. One of the conditions of his release is that he make $45 million in restitution to those he swindled. I’d hate to be an unwilling creditor on that list.

One of the unlikely consequences of the pandemic and the wine glut is that the price of wine is going down and the quality of the wine at lower price points is going up. We sight several examples in this podcast. Bill and I discuss these items and more in this week's addition of VinoWeek. Thanks to everyone for listening. Cheers!

Our wine recommendation this week is the 2018 Cantina Kurtatsch Vernatsch Alte Reben. Cantina Kurtatsch is a co-operative that is located in north-eastern Italy, in the region of Alto Adige that borders Austria to the north. The area is more known for its white wines, where 62% of the wine produced is white vs 38% red. The ubiquitous Schiava, Vernatsch in German is the most cultivated red grape in the area followed closely by Pinot Noir and Lagrein. The Kurtatsch co-operative like most co-ops in northern Italy is not well known in the U.S. We are starting to see more whites wines from Alto Adige but I suspect most of the good Schiava from the area never leaves Europe. One can hardly blame importers from looking askance at Schiava based red wines with their low alcohol and light bodied profiles; not unlike a lean unoaked Pinot Noir, Schiava is not what the American consumer is buying in todays markets.

So why am I recommending the Sonntaler (sunny valley) Schiava? Often when I’m looking at a bottle of wine I’m unfamiliar with I spin it around and look for the name of the importer on the back label. In this case the importer was North Berkeley Imports, a favorite of mine, so I felt comfortable in making the purchase. Being familiar with Vernatsch/ Schiava wines I wasn’t disappointed. With spring weather coming on I was looking for a less heavy red wine and the Sonntaler (12.5 % abv) fitted the bill. The 100% old vine Schiava grapes are hand harvested and fermented in stainless steel tanks. The wine then spends six months in 2,376 gallon neutral Slavonian oak casks. The Sonntaler has a light ruby color that is translucent on the edges. On appearance alone it could easily be mistaken for a Cerasuolo, a deeply hued rosé wine from central Italy. The Sonntaler is fragrant and approachable. Cranberry and strawberry on the nose are in concert with its lean lightly spiced red fruit profile. Light bodied yet flavorful I enjoyed the tongue tingling minerality on the finish. If you’re in the mood for an change and you want to expand your wine palate I highly recommend you pick up a bottle of Sonntaler. For now this may be the best way for us to take a trip to the Alpine meadows of Northern Italy.