Grape grower predicts $80-million Riverland loss - ABC listen

It is estimated there is more wine in storage across Australia than the Riverland produces in a single vintage and delivering more this season would likely push prices down further in 2024.

Grape growers in Australia's largest wine-producing region are being encouraged to mothball their vines or switch varieties altogether amid a downturn in the nation's viticulture industry.

Broadcasting live from Marino Rocks, David Bevan heard from Renmark grape grower, Jack Papageorgiou who said, "Given the predictions, the Riverland farm gate price will be down $80-million".