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RE: 2007 Vintage - News? - 1/25/2008 2:10:30 PM   
NiklasW

 

Posts: 435
Joined: 10/13/2007
From: Finland
Status: offline 		Just returned from the Alentejo region in Portugal where the guy in charge of wine tasting at Herdade do Esporão claimed that 2007 was a dream year there. Not too hot in the summer, not too wet in the autumn. A year to look out for! Much better than the 2005 they had for sale now. Gotta go back in a couple of years to buy some bottles...



(in reply to jamscreator)
Post #: 31
RE: 2007 Vintage - News? - 1/26/2008 5:45:56 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Jeff,
Would be a shame to write off all of France.  I confess I am 90% Bordeaux myself, but it's ignorance of the other regions (and my judgement, which historically has proven true, that you make more profit on an investment in good claret), rather than any sleight on them.
If it helps, here's my twopenneth on the Bordeaux you mentioned:
2005 are too expensive already, the normal future appreciation in the wines was greedily taken by the producers (not dealers interestingly).  I doubt you will find any bargains, so I suggest you just buy what you really wish to drink.  You are not likely to pay a lot more if you buy them in the future (rather than invest in futures), with possibly the exception of really scarce wines (maybe the 1st's and super-seconds).
I can't remember the $/Euro price back in 2006 (when '05 en primeur was released), but I think the $ was weak, so you wont even gain from lazy dealers forgetting to increase prices as the currency devalues for future vintages.
I doubt 2007 will be cheap (although hope to be proven wrong on this): prices need to be substantially below 2006 and I can't see it myself.  If this proves true I'd buy very selectively (my old fav's Leoville Barton, Leoville Poyferre come to mind).
1997 don't touch Bordeaux, except maybe to see if a "cheapish" 1st growth can buck the trend of a very poor vintage.  To argue a little with myself on this, I have seen a little evidence that poor years can have good wines at bargain prices - but you'd really need to know your 1997 (and I don't).
1995 OK (in Bordeaux), but by now not cheap and may not have a lot more improvment in them.
Sorry that's all a bit gloomy, and remember it's from an acknowledged Bordeax-file.

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(in reply to jamscreator)
Post #: 32
RE: 2007 Vintage - News? - 1/26/2008 7:41:07 AM   
jamscreator

 

Posts: 313
Joined: 9/10/2007
From: Indiana USA
Status: offline 		Colonel -

I really appreciate the comments.  I am trying to expand my wine tastes, and I'll be honest that I probably have not tasted any great French wines (predominantly due to budget) so that has left the bad taste (no pun intended) in my mouth.  Maybe someday I'll be able to purchase a few GREAT bottles of French wine and things will open up for me.

_____________________________

Jeff Lawson

"Drink what you like, and like what you drink."
-Robert Mondavi

(in reply to Colonel Lawrence)
Post #: 33
RE: 2007 Vintage - News? - 1/30/2008 11:23:33 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		So little about on 2007 that it may be the year that Bordeaux took the brave decision and priced their wines appropriately?
Living in hope.

_____________________________

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Post #: 34
RE: 2007 Vintage - News? - 2/3/2008 4:37:12 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Handy summary:
http://www.winedine.co.uk/page.php?cid=1240&PHPSESSID=ca3175691ec99060219f194c1b95c792

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Post #: 35
RE: 2007 Vintage - News? - 2/8/2008 4:08:56 PM   
fingers

 

Posts: 682
Joined: 8/26/2006
From: Santa Ana, CA
Status: offline 		Colonel L,

Could you check this link again?  I used it once and forgot to bookmark it and now it doesn't seem to be working.  Best rundown on Bordeaux that I've seen   Thanks!

fings

(in reply to Colonel Lawrence)
Post #: 36
RE: 2007 Vintage - News? - 2/10/2008 2:13:03 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline
quote:

ORIGINAL: fingers

Colonel L,

Could you check this link again?  I used it once and forgot to bookmark it and now it doesn't seem to be working.  Best rundown on Bordeaux that I've seen   Thanks!

fings


This one works perfectly for me
http://www.winedine.co.uk/page.php?cid=1240&PHPSESSID=ca3175691ec99060219f194c1b95c792

_____________________________

First they came for ....................

(in reply to fingers)
Post #: 37
RE: 2007 Vintage - News? - 2/28/2008 6:15:51 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Anyone got the latest news from Bordeaux?
It's nearly March!

(in reply to Colonel Lawrence)
Post #: 38
RE: 2007 Vintage - News? - 2/28/2008 4:32:47 PM   
jamscreator

 

Posts: 313
Joined: 9/10/2007
From: Indiana USA
Status: offline 		Bordeaux?  Is that somewhere between Twitty, Texas and Amarillo, Texas?   =)

_____________________________

Jeff Lawson

"Drink what you like, and like what you drink."
-Robert Mondavi

(in reply to Colonel Lawrence)
Post #: 39
RE: 2007 Vintage - News? - 2/28/2008 10:54:11 PM   
fingers

 

Posts: 682
Joined: 8/26/2006
From: Santa Ana, CA
Status: offline 		So much for your interest in other regions!?

(in reply to Colonel Lawrence)
Post #: 40
RE: 2007 Vintage - News? - 2/29/2008 4:08:41 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline
quote:

ORIGINAL: fingers

So much for your interest in other regions!?


He's welcome to his Chateau Twitty.
And isn't Amarillo an Italian liquor that Tony Christie had the hots for?

(in reply to fingers)
Post #: 41
RE: 2007 Vintage - News? - 3/1/2008 11:22:58 PM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Maybe this is the reason for the deafening silence about 2007 as reported in Decanter :
"Some American merchants will skip the Bordeaux en primeur barrel tastings next month due to the high Euro, mixed vintage reports and apprehension of high futures prices.
Merchants cite a lack of interest on the part of the consumer, a poor vintage and high prices as reasons for not attending. Although many will attend to ensure a good quota of wines in future vintages, strategic pricing on the part of the chateaux and negociants has alienated some importers.
'They will screw you in a good vintage anyway,' one anonymous US merchant told decanter.com."

Whole report:
http://www.decanter.com/news/195295.html



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Post #: 42
RE: 2007 Vintage - News? - 3/24/2008 3:52:08 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Some positives on the right bank (+ insights into French sales to US post 9/11)
http://www.bloomberg.com/apps/news?pid=20601093&refer=home&sid=aCgH5hf87esU

(in reply to Colonel Lawrence)
Post #: 43
RE: 2007 Vintage - News? - 3/24/2008 3:56:39 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Weakening pound adds to currency problems for Bordeaux:
http://www.decanter.com/news/199646.html
The already weak $ will make 2007 expensive in the US.

_____________________________

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Post #: 44
RE: 2007 Vintage - News? - 3/24/2008 10:54:52 AM   
Eric

 

Posts: 5590
Joined: 10/10/2003
From: Seattle, WA
Status: offline 		FYI, I updated the Futures tracker a while back to be ready for the 2007 campaign when it starts. Here you go: http://www.cellartracker.com/list.asp?Table=Futures&Vintage=2007

_____________________________

Cheers!
-Eric LeVine

(in reply to jamscreator)
Post #: 45
RE: 2007 Vintage - News? - 3/24/2008 7:15:47 PM   
cgrimes

 

Posts: 895
Joined: 10/8/2007
From: Massachusetts
Status: offline 		I think vintages matter in Bordeaux and Burgundy--where the weather is more variable, though I agree that the lows are probably no longer as low given the modernization of winemaking techniques. 

For someone who dabbles in CA Cabernet (compared to my greater interest in the above regions), I don't feel that vintage matters much there.  The weather is more uniform and influence of the winemaker is more active in general which tends to smooth out the quirks.

As for 2007, I'll likely buy only selective chateaux.  I'm not optimistic that the prices will come down (esp in setting of a weak dollar) all that much.

Parker?  He'll soon be replaced by another palatal megalomaniac who'll continue the hype.

(in reply to Colonel Lawrence)
Post #: 46
RE: 2007 Vintage - News? - 3/26/2008 5:56:49 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline
quote:

ORIGINAL: Colonel Lawrence

Also this is an interesting point made in Decanter - NO Parker!!!
"Robert Parker may also be absent from this year's tastings. He is undergoing back surgery and is not coming to Bordeaux this month for his traditional re-tasting of last year's vintage, and is not sure if he will be recovered enough to travel in March, which may do more harm for the prospects with the US than a weak dollar."

Read the whole article in Decanter:
http://www.decanter.com/news/174727.html




Did he set out for Bordeaux?

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Post #: 47
RE: 2007 Vintage - News? - 3/31/2008 5:47:25 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		[/quote]

Did he (Parker) set out for Bordeaux?
[/quote]

Well Berry Bros Team did and it's wet (the weather, not the team).
http://bbrblog.com/2008/03/31/bordeaux-07-berrys-buying-team-arrive/

(in reply to Colonel Lawrence)
Post #: 48
RE: 2007 Vintage - News? - 4/5/2008 2:55:19 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		2007 a repeat of 1997?
Will the Japanese, Russian and Chinese decide the pricing?
http://www.decanter.com/news/225353.html


(in reply to Colonel Lawrence)
Post #: 49
RE: 2007 Vintage - News? - 4/7/2008 11:10:33 PM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		emailed report from www.uncorked.co.uk
 
2007 Bordeaux
The schizophenolic vintage

7 April 2008

We arrived in Bordeaux last week for the annual Union des Grands Crus tastings full of trepidation that a re-run of 1997 was in the making. History seemed destined to repeat itself following the glamour of 2005 and 2006.

American buyers were conspicuous by their absence. Lunch queues were short. Skirts weren`t. The air was chilly, dress was uncommonly casual.

But 2007 is not the plain young sister - far from it. Yes, there are some dull wines. Some illustrious names have properly screwed it up. Or at least as properly as one can expect with what`s at stake nowadays. But others have excelled, and a few have even made great wines.

We`d heard that it`s a right bank vintage. So why is Margaux so impressive? Ah, because it favoured Merlot? But at Lynch-Bages Jean-Charles Cazes said it was the Cabernet that stood out. And while Pomerol blew our minds, why`s St-Emilion so patchy? Cheval Blanc is brilliant, but that`s mainly Cabernet Franc. It`s a very good vintage for dry whites, but they`re not all exciting. Yquem declare another historic year ending in 7, but few other Sauternes properties can do likewise.

Well, the vine doesn`t like life easy, and 2007 was a tough test. A mild winter then hot and dry April prompted early flowering. From there things went downhill: cool and wet weather dominated, causing big problems for grape growers. Summer didn`t arrive till September - the best one in 60 years - but then continued into October. This was crucial for ripening the Cabernets.

The result is a range of quality of a magnitude impressive even for Bordeaux. There`s plenty of phenolic matter: the red grapes had something like 130 days to ripen (30 more than usual), which some said was the longest growing season on record. The best wines are properly ripe and concentrated, well structured, impressively delineated and beautifully balanced, with relatively low alcohol, gorgeous, cool climate purity, perfume and freshness, and deserve to sell well en primeur. They are not necessarily the most expensive, nor the most expected; while meticulous vineyard work was essential, luck also played its part. And it`s not particular areas or appellations that succeeded but particular properties.

And then there`s the conflicting personality - astringency, stalkiness, over-extraction - and a dilemma for the trade. There are many empty cellars in Bordeaux, providing little incentive to cut prices - despite the strengthening Euro. Merchants and negociants are under pressure to maintain allocations with the big names. But with 2007 some of them are, ahem, sub-prime, and it remains to be seen who will shoulder the burden. One thing`s for sure: there`s plenty of stock for the French supermarkets and Majestic. /AR

(in reply to Colonel Lawrence)
Post #: 50
RE: 2007 Vintage - News? - 4/12/2008 3:50:05 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		A good word for the producers?
http://bordeaux-undiscovered.blogspot.com/2008/04/en-primeur-2007-prices-and-scores.html

(in reply to Colonel Lawrence)
Post #: 51
RE: 2007 Vintage - News? - 4/12/2008 3:55:19 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Still time to turn up.
http://www.wga-ugcb.com/?lang=en

(in reply to Colonel Lawrence)
Post #: 52
RE: 2007 Vintage - News? - 4/12/2008 3:59:39 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Majestic Wish List (inc. scores).
http://www.majestic.co.uk/About/EnPrimeur/Bordeaux2007/WishList
Las Cases, Ducru & Palmer shine.

_____________________________

First they came for ....................

(in reply to Colonel Lawrence)
Post #: 53
RE: 2007 Vintage - News? - 4/12/2008 4:10:20 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		Bob's been and gone, but the show carries on.
http://www.delhiwineclub.com/news/En_Primeur_2007.asp

(in reply to Colonel Lawrence)
Post #: 54
RE: 2007 Vintage - News? - 4/12/2008 4:13:17 AM   
Colonel Lawrence

 

Posts: 1953
Joined: 4/24/2006
From: Arabia
Status: offline 		BBR's Top Ten
  • Ch. Ausone
  • Ch. Cheval Blanc
  • Ch. la Conseillante
  • Ch. Cos d'Estournel
  • Ch. Latour
  • Ch. Léoville Las Cases
  • Ch. Léoville-Poyferré
  • Ch. Margaux
  • Ch. Mouton-Rothschild
  • Ch. Pontet Canet

    http://www.bbr.com/fine-wine/bordeaux2007

    (in reply to Colonel Lawrence)
    • Post #: 55
    RE: 2007 Vintage - News? - 4/12/2008 4:22:38 AM   
    Colonel Lawrence

     

    Posts: 1953
    Joined: 4/24/2006
    From: Arabia
    Status: offline     		Earth shifts on it's axis - Jancis really liked  Pavie!
    http://www.decanter.com/specials/200946.html
    includes update on other pundits

    (in reply to Colonel Lawrence)
    Post #: 56
    RE: 2007 Vintage - News? - 4/12/2008 4:06:28 PM   
    Maestro

     

    Posts: 521
    Joined: 10/4/2007
    Status: offline     		Just read Jancis' article in the FT about Brodeaux 2007.

    To me it sounds like a vintage to pass altogether...

    Sure, some of the Big Kahunas made good wine, but they are likely to be over-priced. As for the mid-range, judging by her comments, it sounds pretty much hopeless.

    As for me, the game is on to Tuscany and Châteauneuf-du-Pape -- places where the vintage was wonderful...




    < Message edited by Maestro -- 4/12/2008 4:09:58 PM >

    (in reply to Colonel Lawrence)
    Post #: 57
    RE: 2007 Vintage - News? - 4/13/2008 12:44:39 AM   
    Colonel Lawrence

     

    Posts: 1953
    Joined: 4/24/2006
    From: Arabia
    Status: offline     		Probably good advice. 
    The likelihood of most of 2006 and 2007 Bordeaux appreciating in value is slim, hence the rationale for buying en primeur goes out the window.
    Will still look at a few of my fav's (Leoville Barton still seems to get priced fairly on opening) and the odd 1st growth (unless the price is higher than for a better past vintage).
    Still not up to speed on Burgundy, Tuscany et. al. so I can use the time researching more in these areas.
    What about you're suggestions?
    Cheers,
    L.

    _____________________________

    First they came for ....................

    (in reply to Maestro)
    Post #: 58
    RE: 2007 Vintage - News? - 4/17/2008 2:31:47 AM   
    Colonel Lawrence

     

    Posts: 1953
    Joined: 4/24/2006
    From: Arabia
    Status: offline     		Tips from Joss Fowler of BBR (interestingly a little different to the BBR rec's above).
    He also rates Domaine de Chevalier, both white and red.

    "Left bank non-first growth picks of the vintage are:

    Pontet-Canet, Grand-Puy-Lacoste, Pichon-Lalande, Ferriere, Beychevelle, Gruaud-Larose, Leoville-Lascases, Ducru-Beaucaillou, Haut-Bailly

    And on the right bank:

    Conseillante, Larcis-Ducasse, Moulin St Georges"


    _____________________________

    First they came for ....................

    (in reply to Colonel Lawrence)
    Post #: 59
    RE: 2007 Vintage - News? - 4/21/2008 2:28:22 PM   
    cgrimes

     

    Posts: 895
    Joined: 10/8/2007
    From: Massachusetts
    Status: offline     		I'm interested in following word on Pontet-Canet and Leoville Barton as want to continue my verticals.  Will be interesting to see how they rate.

    A local friend of mine who owns a wine shop just came back from the Loire Valley where he had many barrel samples of '07 vintage and said they were really "tough."  Of course the Loire is not Bordeaux but after conversations with many producers the general outlook all over France is that '07 is pretty much a wash.  It will definitely be a year to choose wisely.

    (in reply to Colonel Lawrence)
    Post #: 60
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