A 40 year low for France.

French wine production in 2012 to reach 40 year low

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France’s wine production could see an approximately 20% dip, the lowest French output in at least 40 years, according to Bloomberg BusinessWeek. France’s Ministry of Agriculture reported that production is predicted to decrease to 1.07 billion gallons in 2012 from last year’s 1.34 billion gallons due to unfavorable weather conditions that have damaged vines and grapes.

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