In 2017, WineBusiness Monthly ran a list of the top vineyard landowners in Napa Valley; as the region is “planted out,” it seemed important to understand who was responsible for stewarding, planting and, importantly, farming this land.
NAPA COUNTY, CA — Napa County announced the approval Wednesday of its second-ever micro-winery permit. The honors went to Chaix Family Micro-Winery along Manley Lane in Rutherford, now permitted to produce 5,000 gallons of wine annually.
Regulators just imposed unprecedented fees on water usage in the state’s agricultural heartland. In much of the United States, groundwater extraction is unregulated and unlimited. There are few rules governing who can pump water from underground aquifers or how much they can take.
The French are arriving and younger consumers are leaving. A much shorter version of this article is published by the Financial Times. Is Napa Valley quantitatively important to California wine? Absolutely not. The volume of wine it produces is just 4% of the total. But in terms of image and prestige it is vital.
The average rate on the popular 30-year fixed mortgage sits around 7.5%, the highest level since mid-November of last year, according to Mortgage News Daily. Even with rates higher, however, mortgage applications to purchase a home rose 5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.