Global production of wine should fall at the slightest in four years, with problems in France and in Brazil

Due to adverse weather that reduced production in France and South America, including Brazil, the production of wine should fall 5 percent compared with last year, to 259,500,000 hectoliters, one of three smaller volumes registered since 2000, the international organization of wine (OIV), preliminary estimate. The forecast is for a fall of 12% in French production, already widely expected, and strong setbacks in Brazil (50%), in Chile (21%) and Argentina (35%). The South Africa should also have negative impact on the overall production, with loss of approximately 19%.