Wine producers report bumper harvest ahead of trade talks between China and Australia

News Snapshot:

In short: Wine producers have reported one of their best harvests in years off the back of warm temperatures and consistent rainfall. Wine producers have reported one of their best harvests in years off the back of warm temperatures and consistent rainfall. However, a glut in the domestic wine market continues to push prices down, with a current oversupply of two billion litres. However, a glut in the domestic wine market continues to push prices down, with a current oversupply of two billion litres. What's next? Australia's trade minister will soon meet with his Chinese counterpart in the hope that...