“THE GRAPES FOR HUMANITY – SAVE HOSPITALITY FINE WINE CHARITY AUCTION

 

 Over 300 lots of exceptional wines, winery tours, autographed bottles

guitars donated by Rock and Roll Hall of Famers

Geddy Lee and Alex Lifeson of Rush

 

Monday September 28th – Wednesday October 7th, 2020
Online through
Waddington’s Auctioneers & Appraisers

Grapes for Humanity invites you to Save the Date for our “Save Hospitality Fundraiser” virtual fine wine auction September 28th – October 7th, 2020, presented by Waddington’s Auctioneers and Appraisers.  This special auction features not only some of the world’s finest and rarest wines, but also many lots of exceptional ready-to-drink wines from the finest wine regions.

“After years of enjoying their service, it’s our turn to serve them,” said Geddy Lee. “The Chefs, Sommeliers, Waitstaff, Delivery personnel, Farmers, Fisherman, Bakers and more whose livelihood has evaporated virtually overnight. Right now we must throw a lifeline to those who need us. I reached out to some fellow wine lovers and asked them to raid their wine cellars to help us raise funds to support staff and independent restaurant owners to weather this storm.”

At the top we have multiple vintages of first-growth Bordeaux and Grand Cru Burgundy, four vintages of the world’s rarest port, Quinto do Noval Nacional, 18 vintages of Australia’s most famous wine Penfold’s Grange, Pinot Noirs from the only two great growths of New Zealand Ata Rangi and Felton Road and 25 lots of the inaugural Cuvee of the Heart Pinot Noir and Chardonnay blended by Thomas Bachelder Canada’s leading winemaker from contributions of 30+ Ontario winemakers! The Ferragamo lot features a 3 litre of their best wine Il Borro plus a tour, tasting, a dinner and a three night stay at their Relais et Chateau resort in the heart of Tuscany. We have rare verticals from historic Ontario wineries such as Cave Springs and Henry of Pelham.

For buyers seeking immediate enjoyment, we have Malbec from the historic Patagonian producer Humberto Canale, Sancerre from the 500 hundred year old Joseph Mellot winery in the Loire, powerful rich wines from Bodega Numanthia in Toro Spain, some of British Columbia’s finest plus award winning wines from Pond View Estates here in Ontario and mixed lots from exceptional wineries.

Whether you are looking for something to savour with tonight’s dinner or some wine to treasure and hold for future enjoyment…this auction has it all and more. However, don’t take our word for it, peruse the Auction Catalogue.

Proceeds will directly benefit Ontario Hospitality front-line workers through the Toronto Restaurant Workers Relief Fund; the Bartender’s Benevolent Fund; and independent Ontario restaurants through savehospitality.ca.  To find out more about Grapes for Humanity, visit grapesforhumanity.com.

Vintage wines, collectible rarities, memorabilia, and once-in-a-lifetime wine experiences for the emerging collector as well as the aficionado, this rare opportunity offers exceptional wine from multiple producers, varying vintages, and unique experiences.

Bid once, bid often and prepare to delight in your purchase for a good cause.

To donate funds or for more information, contact: 2dry@rogers.com

Vertical Tasting with Caroline Frey of Chateau La Lagune – Part 1

Vertical tastings offer a magnificent glimpse into the many facets of a wine’s personality and its many expressions over different weather conditions. It also offers a glimpse into the quality of the terroir and the site from which the grapes originate.

On September 28, 2020, I have the privilege of participating in a vertical “zoom tasting” and deep dive into Chateau La Lagune with Caroline Frey, winemaker, at her family’s Haut-Médoc third-growth estate.

Wines being tasted include

Chateau La Lagune 2015

Chateau La Lagune 2016

Chateau La Lagune 2017

Chateau La Lagune 2018 [100% Cabernet Sauvignon]

“Part 2” will include my tasting notes, the impact of vintage variations, particularly weather, and stylistic changes across vintages, along with personal quotes and my overall impression.

Young red wine is found to be more beneficial than aged wine, study finds

A recent study of 16 wines from Australia and New Zealand has found levels of healthy antioxidants, existing mainly in red grapes, decreased significantly over time.

CQUniversity lead researcher Mani Naiker said the compound, trans-resveratrol, was proven to have cardiovascular, anti-inflammatory, and anti-diabetic effects.

“The more you consume this compound in your food or in beverages, it is perceived to give you better health benefits,” Dr Naiker said.

“When we compare younger bottled wines with mature red wines, we have proven that as the wine ages the concentration of this important bioactive compound decreases by about 75 percent over a 16-month period.

“That is a huge decrease in the concentration of this particularly important health-benefiting compound.”

Lead researcher Dr. Mani Naiker states that the compound is proven to have cardiovascular, anti-inflammatory, and anti-diabetic effects.

The study published in the Australian Journal of Grape and Wine Research, found the concentration decreased in some wines by as much as 96 percent.

After the initial resveratrol levels were measured, the bottles were resealed and stored in darkness in their original packaging.

“Irrespective to where we got the red wine from, which variety it was, the process of that compound, the loss was the same,” Dr Naiker said.

“I might just leave it with the French paradox that having a glass of red with a meal every day is good for your health.

“Now you know, you might want to go with a young red rather than an old one.”

https://onlinelibrary.wiley.com/doi/abs/10.1111/ajgw.12449

The Fine Wine Market Expands to Further Heights

Recently reported, July proved to be a positive month for the fine wine market, due to an ever-broadening array of wines being traded.

Liv-ex states on its website that the number of unique wines traded on the exchange in the first half of 2020 was 37% higher than the same period in 2019.

These are wines marked with code known as an LWIN7, which identifies the producer or brand as well as a specific grape variety or vineyard associated with it.

The second half of the year got off to an even stronger start when the number of wines with an LWIN7 traded in July alone exceeded 1,000 for the first time, 20% higher than the previous record monthly high.

This is due to an on-going broadening of the market at the expense of Bordeaux. Although a vital component of the fine wine secondary market, Bordeaux’s share of trade has been in decline for some time now. January 2020, 46% of unique wines traded on Liv-ex were claret, but by July that figure was down 34%.

At the same time, while Bordeaux has seen the smallest growth in new wines traded, Italy, Spain and the Rhône are recording exponential growth; with unique wines traded up 154%, 153% and 127% respectively since January.

Wines from Austria, Germany, Chile and the Loire have also seen growth (from a small base) and added new and unique wines

Italy of course has been rising for some time now. In October last year it was noted that the number of Italian wines traded on Liv-ex had risen 1,500% in the last 10 years.

Italian wines were also excluded from the 25% import tariffs the US recently imposed on numerous EU produce.

Spain, a small player in fine wine, has seen the number of its unique wines traded rise to match those of the US.

Liv-ex  https://www.liv-ex.com/news-insights/

Source:  Liv-ex

France pours more aid as wine sector faces ‘Major Difficulties’

This week the government of France stepped up financial support for wine growers faced with a deep drop in demand after lockdowns closed restaurants and bars and U.S. tariffs curbed exports.

“The state will increase to 250 million euros its support plan to wine growing and we will request this aid to be distributed as quickly as possible because cash needs are pressing,” French Prime Minister Jean Castex said on Wednesday.

Castex made the announcement during a visit to the Menetou-Salon and Sancerre vineyards in the Loire region.

“The international situation, the health crisis, a drop in exports: our wine sector faces major difficulties. State support must continue and intensify,” Castex said on Twitter earlier.

France has already provided some support, but the wine industry has called for more action.

In April, the European Commission decided to support crisis management measures in wine and other agriculture sectors affected by the coronavirus crisis.

In May, France cleared a 140 million euro ($165.87 million)crisis mechanism to distill surplus wine into industrial alcohol to be used to produce hand sanitizers.

Then in June, the government unveiled an additional 30 million euros of support for the wine industry, including 15 million for the launch of a private storage scheme for two million hectolitres of surplus wine, an alternative to distilling.

In addition to the impact of COVID-19, France’s wine industry has suffered from U.S tariffs on imports imposed as part of the trade dispute between the European Union and the United States over aircraft subsidies.

Source:  Reuters