
Recent and impending developments affecting the retail wine market:
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Josh Raynolds reports that the hype is mostly justified for the 2007s from the southern Rhones, a wonderfully seductive set of wines that will offer great early appeal. But he was also impressed by the '07s from the north, as well as by the more elegant and classic 2006s from up and down the valley. In short, fans of Rhone wines should be in pig heaven today.
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Argentina remains the hottest category of imported wine, thanks largely to a string of favorable vintages and the market's growing thirst for malbec. Although some flagship bottlings have become expensive, there are outstanding values to be found in every price range.
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Following the uneven growing season of 2006, which yielded some superb late-harvest wines, 2007 was at its best for wines at the spatlese level, as well as for Germany's increasingly popular dry rieslings. The key to making outstanding wine was waiting until October to harvest, says our correpondent Joel Payne. The vintage's better examples, says Payne, offer a lovely balance of density and freshness, and are built for a leisurely evolution in bottle.
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