Wine makers sees ‘oversupply’ as industry brave wildfires, water shortage

Wildfires are taking a toll on the West Coast right into the end of the summer, with water shortages a top concern for local leisure and hospitality businesses.

But according to Tom Danowski, Oregon Wine Board President, there’s an “oversupply” of wine across the nation — even with demand for alcoholic beverages on the rise.

“Look at your shelf and your store, you’ll see quite a bit more wine than you might have ever thought could ever [have] been produced,” he told Yahoo Finance LIVE. He…


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