Most members would have seen the national crush data, widely published across industry last week. The table above is a snapshot of key indicators for the Riverland from 2000 to 2017 reduced into five-year rolling averages to remove peaks and troughs.
Close examination of this data reveals the good news: that the region has been working diligently to deal with the national oversupply situation, the millennial drought and the extended period of unsustainable prices. There is work to be done to continue progress towards a return to prosperity for Riverland Wine members and the broader community. Readers will note that despite improvements, Farmgate income is still $86M below the 200–2004 average. Nevertheless the wine industry continues to be the region’s premier generator of employment and wealth.
For a more detailed analysis please make it a date to attend the AGM for both organisations to be convened at the Loxton Research Centre at 3pm on August 21.
The 2017 SA Winegrape Crush Survey is available on the Vinehealth Australia website.