An oversupply of juice in the Charente could become a problem for the entire French wine industry.
French industry newsletter Vitisphere is cautioning that a crisis in Cognac could become a national crisis.
Most of the grapes from the region are traditionally used for Cognac and other brandy styles, but are in surplus.
The production potential of the Charente vineyards is expected to be massively in surplus and could exceed 1 to 2 million hectolitres of white wines without a geographical indication (Vin de France).
“We did everything we could to avoid disrupting anyone, but now we're reaching the limits of what we can do,” an unnamed source from the Charente region told the newsletter.
"The risk of a surplus remains high, as confirmed by the latest Charentes-Cognac wine region council figures.
“Even with the heat and drought, the Charente region will produce at least 2 million hectolitres."
One unnamed bulk wine specialist quoted by Vitisphere said: "I foresee general chaos in the sector. No more money anywhere. The banks are pulling out. The domino effect could be stratospheric.”
The region has asked for financial aid from Brussels and Paris to avoid the financial need to flood the market.
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