2023 Bordeaux Futures - Compared to 2022
Navigating the Complex 2023 Bordeaux Futures: Insights and Strategies
In this episode of Wine, Money, and Song, I dive into the intricacies of the 2023 Bordeaux futures. Following up on last week's discussion about the first growths, I reveal the latest pricing updates, including a surprise from Château Margaux. Discover why the Bordeaux prices have been adjusted this year and what it means for collectors and investors.
Highlights
Price Adjustments Explained: Understand the reasons behind the significant price reductions in 2023, including market reactions to the 2022 pricing strategy and the impact of an oversupplied market.
Vintage Comparisons: Learn how the 2023 vintage compares with previous years, especially in terms of weather challenges and grape quality, with a special focus on the variances between Merlot and Cabernet-based wines.
Investment Considerations: Evaluate the potential for investment in this vintage, considering factors like the high yields of 2023, which have affected pricing strategies.
Price Listings: Get a detailed breakdown of current prices across different Bordeaux classifications, from second growths to fifth growths, and how they compare to last year’s prices.
Why Subscribe?
For anyone with a passion for wine investment or an interest in the broader economic factors influencing wine markets, Wine, Money, and Song offers expert insights and timely data to help make informed decisions. Whether you're a seasoned collector or new to wine investing, this episode provides essential information on navigating the Bordeaux futures amidst fluctuating market conditions.
In this detailed analysis, I'll also preview what to expect in upcoming weeks, including the release of prices for key châteaux and my recommendations on where the best values may lie for the 2023 vintage.
Пікірлер: 11
Tommy is the wine GOAT. A true legend in the industry that wants people to find the best value. Keep up the good work Tommy and thanks for your efforts.
Love how you pointed out the big offenders of the 22 vintage.
Tom always reminds me of my beloved uncle (RIP). Just love his videos.
I am looking forward to hearing your recommendations. Thank you for the insightful data. I purchased many wines in the 2023 futures upon release and stayed mostly away from St. Emilion and producers mainly affected by mildew (hedging on speculation based on what I have read). I purchased all of my ‘23 futures through a large wine merchant that only required a 50% deposit upfront and then balance in one year, which helps with your point related to the interest rate cost on your money. 🍷
@wakes_inc
29 күн бұрын
Total Wine?
Thanks Tom.Excellent information! Really appreciate all the work you put in providing us this level of detail. Very useful
Tom, great the deep dive on Bdx23. Love to head your thoughts on PLL, Canon, Rauzan Segla. PLL seems like a great value at very close to 19 EP.
People (more prestigious critics, if that means anything) all said 23 vintage was really challenging in st emillion, but their scores definitely don't reflect that (still pretty high) compared to 22's. They were sponsored by the wineries?
its very easy, 2022 was extremely dry, almost no rain during the vegetation period and 2023 was one of the wettest summers in a long time. thats why mildew was an issue. so we got extremely small berries and huge concentration of 2022 versus the “watery” style of 2023. 2023 will go down in history as one of the weakest vintages of the decade but obviously some wineries have made incredible wines.
I add carbonated water to these wines. They taste better
@Mardello
20 күн бұрын
Snore