A new Washington State University economic analysis of planting Concord or wine grapes, shows that juice grapes may not be a wise investment right now, although wine grapes show a positive cash flow. Dr. Raymond Folwell, WSU economist, told growers attending the annual meeting of the Washington State Grape Society that it appears the low price cycle for juice grapes, which typically lasts about ten years, may be starting to trend upward. But, even with higher grower returns, he said it would be difficult today for a new Concord vineyard to break even. The booming years of high Concord prices […]