Uncorked Ventures Blog

Mark Aselstine
 
August 29, 2014 | Mark Aselstine

Malibu AVA

It's been a long time coming, but anyone who has ever taken the drive into Malibu from downtown LA would expect that an AVA would be approved eventually.  Finally, the Malibu AVA is here, but it isn't without complaints and issues, of course!

 

 

Hey, I'm Mark Aselstine with Uncorked Ventures.

I think the most interesting thing that's come across in the last day or two is down in LA, the city of Malibu has started to outlaw new grape plantings. That makes them unique in a couple of ways.

First, Malibu actually just gained its own AVA status in 2014, so there's kind of a 46-mile stretch of coastline that runs just south of Camarillo [SP] down, you know, if you know LA at all, from Canoga Park if you go straight west. You know, from a kind of sense-of-place perspective, quite clearly, you know, the coast in LA and Southern California is dramatically different weather-wise than it is inland.

But you know, this is another off-shoot of the California drought. The wine growers are going to fight it. They're going to fight it tooth-and-nail, actually, because, in essence, you're allowed to plant any type of fruit or vegetable you want, water it as much as you want, but you can't even have a grape vine kind of growing on the side of the house if you like what it looks like.

So that's kind of what's happening in Malibu. It's kind of battle number 35 or whatever it is and kind of California drought issues, but I think that eventually over the long term, you'll see a Malibu AVA which is going to slightly take advantage of the fact if you were to poll people in the United States and probably elsewhere around the world, Malibu is a familiar name.

Mark Aselstine
 
August 28, 2014 | Mark Aselstine

Line Shack Wines

I've mentioned it before, but one thing that makes me recoil in horror most of the time is when a neighbor or friend offers for me to try and taste a wine from a friend who is a winemaker, or from a winery that they just found during a trip.  Sure, there's been some huge successes like Vaughn Duffy and Dos Lagos, two of my favorite wineries and both introduced to me under those circumstances.  Usually though, it's not somthing quite as interesting (or good) and typically people expect me to love the wine as much as they do.  Don't get me wrong, I am told multiple times a week that a certain wine was, or wasn't good, but that's not a conversation that we're accustomed to having with friends right?  It's just a weird situation.

Last week I was introduced to a wine surprising enough, from San Antonio.  You probably did the same thing that I did, expecting a guy in a cowboy hat on the label, but in this case we're talking about the San Antonio Valley.  Well Line Shack Winery does have a name that recalls the Cowboy past of the west, since a line shack is a small building in an otherwise desolete, barren open cattle range.  What's different though is that the San Antonio I was told about was actually the San Antonio Valley, an AVA that I am slightly familiar with.

There's a dichotomy in the San Antonio AVA that bears a short explanation.  First, yes it is in California, specifically Monterey County.  Most of us think of Monterey County as a cool climate growing region and for the most part, it is.  That's where the San Antonio Valley comes in and another great example of an AVA that does in fact tell you, a ton about the wine that's in your glass.  The San Antonio Valley is a mountaineous valley within the Santa Lucia range and offers some of the warmer temperatures available anywhere in Monterey.  As an example, today  it's 75 degrees in the San Antonio Valley and only 64 degrees in Monterey.  In terms of wine, that's about the same difference in average temperature between Napa Valley and Temeciula, so big that's it hard to quantify.

Ok, so the bottle in question was a Syrah from Line Shack Wines.  Line Shack isn't beating around the bush with this Syrah-it's big, bold and intense.  I mean, there's plenty of good cool climate Syrah's being produced, but every so often don't we want something with more meat behind it? I certainly do and Line Shack delivered a wine that retails for under $20 that would allow wine drinkers of a number of different experience levels to be happy with the bottle that's on the table.

Mark Aselstine
 
August 27, 2014 | Mark Aselstine

Cuda Ridge

Every so often, a bottle rolls through the house, or the warehouse and it surprises me so much that it makes me rethink everything I know about a growing region.  It's happened to me with high end bottles from Atlas Peak and much of Santa Barbara County, this time it was Livermore.

Enter Cuda Ridge and their 2012 Semillon.

People who read this blog regularly know one thing about my white wine drinking habits, well maybe two. First, not too much of it goes on, that's one of the reasons that we only offer white wine in one of our three wine clubs.  Secondly, I generally speaking am not a huge fan of Chardonnay, so it seems I am always on the lookout for interesting white wines.

In any case, I have been on the search for an interesting Semillon and as luck would have it, someone close had stopped by the Cuda Ridge winery a few weeks ago (Livermore has become something of a shopping must stop for those of us in the East Bay because it's the closest outlet mall) and brought home a bottle to share with their neighbors.

The best Semillon's made anywhere in the world offer an interesting combination of acidity, freshness and yet still bring a full mouthfeel to the table.  Almost universally, those are made in France. All of those positive aspects come at a bit of a price though, the grape tilts quite often to being sweeter rather than dryer, which is a challenge both in my house as well as with many main stream wine drinkers in America.

The Cuda Ridge Semillon strikes a nice balance throughout and priced at under $20, makes it one of the better versions of the grape that I've run into in some time.

Owned by Larry and Margie Dino, Cuda Ridge crafts approximately two thousand cases of wine per year, making it a small production winery by every sense of the word. Larry comes from a high tech background like so many winery owners in and around the Bay Area, having been the director of engineering at BAE Systems before opening Cuda Ridge. Margie is a RN focused on helping to educate the next wave of medical professionals.

The story of Cuda Ridge, I think helps to explain the upcoming story of the Livermore Valley in general.  Cuda Ridge has begun to receive attention from the main stream wine press including Wine Enthusiast which has rated a vast seletion of their wines between 88 and 90 points.  That's an impressive feat for a winery just now releasing its fifth vintage for a winery from any AVA, but it is especially impressive with a winery coming from Livermore.

We can talk some psychology here and selectivity bias, but generally speaking if you're a wine critic and you see a Texas wine sitting in front of you or a first growth Burgundy, which do you think is going to be a better wine before tasting them?

That's certainly an extreme example, but I think it helps to highlight some of the struggle that's going to come up for Livermore vintners as they begin to take more market share from established regions, like Napa and Sonoma.  Most people don't realize it, but in the days before Prohibition blighted the wine industry in California, Livermore was at least Napa's equal in terms of quality.  It also enjoys almost all of the same advantages, like being about an hour from the city of San Francisco and existing in a warm inland valley, almost the perfect setting for a wine region.

How Livermore continues to improve the quality of both their farms and their winemaking processes over the coming decade wil help to decide exactly where the region falls into the quality map of California wine.  At current, it isn't entirely clear if there's another region poised to join Napa, Sonoma, Paso Robles and Santa Barbara among the wine elite.  Good arguments can be made for Lake County, Mendocino, Lodi and even Temecula in addition to Livermore, but Cuda Ridge is a clear example that Livermore deserves more attention from both wine consumers, but also from this wine club.

Mark Aselstine
 
August 27, 2014 | Mark Aselstine

Downtown Napa Earthquake

In the days since I first recorded the video more information has come in and damage from the earthquake looks to be a bit more extensive than I initially thought.  Historic wineries like Ceja Vineyards lost much of their library, which is so unfortunate on so many levels.  That seems to be a common issue here, while the case goods (ie wine already bottled) made out just fine and overall, most of what's in barrel turned out just fine with a few exceptions, cellar's throughout the valley took a pretty bad hit.  I'm sorry to all those who lost anything in the earthquake and hope you find comfort from the wider wine community.

Hey, Mark Aselstine with Uncorked Ventures. So biggest news of the day, obviously, for the wine industry, there was a 6.0 or 6.1 earthquake that shook Napa Valley over the weekend. There was extensive damage in downtown Napa. The Vintner's Collective on Second, the Hotel Andaz, and quite a few other businesses were either kind of completely shut down for a while while they cleanup or at least suffered some serious damage. There's a couple of high-end boutiques and antique shops that, it sounds like, 80% or so of their inventory was destroyed. 

In essence, you know, I grew up in California, so earthquakes aren't the scariest thing in the world to me, but you just know that anything above a 5.0 and you have breakable stuff and it's kind of located close to you, anything breakable is in trouble. The good news about it is that some of the custom crush facilities, Bin to Bottle... I heard from my friends at Vellum Wine Craft that everything there looks just fine. Most of the high-end wineries are well-enough made that they withstood everything just fine. Still a major problem in Napa, but it looks like everybody is cleaning up, and thanks for the time

Mark Aselstine
 
August 22, 2014 | Mark Aselstine

Treasury Wine Estates and a 100M Loss

Every once in a while, you see or hear a shocking number.  In the wine industry, that's usually a sale price for a single bottle of wine, or the sale price of a winery that may, or may not, be profitable.  In this case, Treasury Wine Estates continues to report results, which have shocked a ton of people.

 

Mark Aselstine with Uncorked Ventures. So the big news of the day is that the guys at the Treasury Wine Estates, which owns Penfolds and Beringer, posted a financial loss of about one hundred million dollars for the fiscal year 13-14. It's a staggering number for the wine industry to be sure, and a lot of people are wondering how in the heck does that happen. Quite famously they had to destroy a lot of wine that they couldn't sell a few months back, because it had passed its usable life expectancy and the sell by date. 

What really happens in the industry is if you think about that $8 bottle of Beringer at the grocery store, the distributor that distributes that pays about 4, give or take. It might be a little less, it might be a little more, depending on if you're talking wholesale or FOB. But if you think about $4 for a bottle of wine, just the cork, the bottle itself run about $1.25 for most folks, even on the cheap end. And then you start getting into how much does it cost you to farm for the grapes, or buy the juice, or buy the grapes, pay your wine-maker, etc, etc. 

Long story short, there are razor-thin margins at play as the market in some places has deteriorated, and there's been better competition from other people. Grocery stores have cut pricing. That even further erodes profits. It's a mess, to be sure. I wish them the best of luck. It's not something that we deal with, as far as price point-wise. There's frankly a ton of other wine clubs, and a ton of other retailers from your local wine store to your local grocery store that would do a heck of a lot better job than we would, when you have to pay for shipping. You know, for us, we're focused more on high quality stuff. Although, Penfolds is quite good. But that's kind of what makes it disappointing and all, and I wish them the best of luck. But yeah, not good news from Treasury Wine Estates, and, you know, quite frankly, not great news for the industry in general.