Listen now: Ciatti's Glenn Proctor speaks to Liquid Assets

Glenn Proctor, partner at the Ciatti Company, was a guest on Rabobank’s latest Liquid Assets podcast, discussing the problem of wine oversupply with Jeff Bitter of Allied Grape Growers and podcast hosts Stephen Rannekleiv and Bourcard Nesin.

“I’ve been in the business since the late 80s, and it’s definitely the worst I’ve experienced in terms of the imbalance and where the industry feels,” said Proctor. “What we’ve experienced over the last three years is, with the declining sales, we are adjusting inventory around that to try to get back to a balanced situation.”

Proctor gave the latest figure in gallons for bulk inventory listed for sale with Ciatti, how it compares with previous years, where the inventory is located and at what pricing, and discusses the wine industry’s situation more broadly.

You can listen to all 49 minutes of the Liquid Assets episode absolutely free, with no sign-up required.