Good news everyone! The price of wine is about to down and it should be that way for a couple years. Now that's something raise a glass to. Why is vino getting cheaper? Well, there's a couple reasons.
People's tastes are changing. They're drinking certain liquors more than before, and of course the seltzer drinks are more popular than ever.
Another reason for the wine price drop is, well this is kinda funny. They grew too many grapes. California wine growers have to anticipate the amount of grapes to grow a few years in advance. Well, their guesses were off. Way off. So it goes back to supply and demand. More wine on the market means better deals for wine drinkers.
Not sure if The Bachelor's Peter and Kelsey stomping grapes together had anything to do with the glut of grape juice. But with the amount of wine they drink on The Bachelor, it probably balances out.