Riverland RIVERLAND VINTAGE OVERVIEW. Vintage Report. Overview of vintage statistics

Riverland RIVERLAND VINTAGE OVERVIEW Vintage Report Overview of vintage statistics The 2005 growing season was almost perfect in the Riverland. Although there were rain events in both December and January, the follow-up weather was dry and there were very few disease problems with either downy or powdery mildew. It was a relatively cool season with none of the extreme periods of heat that we have experienced in the past two years; consequently the quality was good for all varieties. Once again the industry was caught slightly off-guard, with varieties ripening together and causing some intake delays. This resulted in some quite high Baumé fruit being taken. Jim Caddy Phylloxera and Grape Industry Board River Murray Morgan Waikerie 0 5 10 15 20 Kilometres Road Registered Vineyard Riverland GI Region Barmera The Riverland produced 482,214 tonnes this year another 10% higher than the record 2004 harvest (see graph on page 107). The total preferred crush was 60,000 tonnes less than the actual, with almost all of the surplus being in red varieties. The average purchase value per tonne for the major red varieties Cabernet Sauvignon, Shiraz and Merlot dropped by around $50 per tonne. The Chardonnay average purchase value dropped by nearly $200 per tonne, while the other major whites were around the same. Given the increased production but slightly lower average prices, total income to growers was very similar to last year, and the total value of grapes from the region was $231 million, compared with $234 million last year a drop of less than 1%. The forecast for the Riverland is for preferred intake of red varieties to remain at around 240,000 tonnes (less than was crushed in 2005), and for whites to remain at around 220,000 tonnes (about 10% more than this year s production). Estimated intake is higher than preferred intake for Chardonnay and Cabernet Sauvignon in every harvest year, while Shiraz shows a small shortfall. There has been a further downward revision of 20,000 tonnes in the preferred intake figures for red varieties since the 2004 survey. Berri Loxton Renmark South Australia Victoria It is important to note that these intake figures do not necessarily correspond to the region s production potential. A further 500 hectares were planted in the Riverland in 2004, giving a total area of 21,141 hectares. Based on the current vineyard area, and using estimated yield figures of 21t/ha for reds (except Cabernet Sauvignon 20t/ha), and 25 t/ha for whites (except Riesling 20t/ha and Colombard 28t/ha), it is estimated that the production from the region in 2008 will be 473,000 tonnes (see table 13.7). This means a shortfall of around 20,000 tonnes compared with preferred intake for that year. The major shortfalls are estimated to be in Merlot (11,000t), Shiraz, (9,000t), Colombard (16,000t) and Chardonnay (8,000t). 97

RIVERLAND TONNES CRUSHED BY VARIETY (RED) - VINTAGE 2005 98 Table 13.1 Total winery grown Total other growers Total crushed Total preferred Tonnes from % of demand Number of wineries reporting tonnages (>0) for Variety as % of total Own Other Preferred RED Barbera 0 56 56 35 100% 160% 0 3 1 Cabernet Franc 0 216 216 105 100% 205% 0 3 1 Cabernet Sauvignon 9,483 70,000 79,483 53,791 88% 148% 14 22 27 Carignan 304 15 319 150 5% 212% 1 1 1 Carina 0 35 35 0 100% 0 1 0 Chambourcin 0 56 56 0 100% 0 1 0 Durif 0 35 35 40 100% 88% 0 2 1 Grenache 569 8,568 9,137 6,209 94% 147% 7 14 16 Malbec 292 313 605 226 52% 268% 3 4 3 Mataro (Mouvedre) 8 4,932 4,940 3,195 100% 155% 1 12 11 Merlot 2,296 26,544 28,840 26,675 92% 108% 8 18 22 Muscat Brown (Red Front) 0 29 29 53 100% 55% 0 1 1 Nebbiolo 0 16 16 0 100% 0 2 0 Other red 41 130 170 59 76% 280% 1 2 2 Petit Verdot 875 13,782 14,657 11,623 94% 126% 8 14 18 Pinot Noir 325 6,735 7,060 5,251 95% 134% 1 5 6 Rubired 0 216 216 203 100% 106% 0 3 2 Ruby Cabernet 1,071 12,813 13,883 4,427 92% 314% 2 8 7 Saint Macaire 0 33 33 33 100% 100% 0 1 1 Sangiovese 217 403 620 662 65% 94% 2 6 5 Shiraz 10,872 105,245 116,117 104,271 91% 111% 15 23 30 Tarrango 0 782 782 682 100% 115% 0 2 1 Tempranillo 0 248 248 389 100% 64% 0 5 6 Tinta Cao 49 0 49 58 0% 84% 2 0 2 Tinta Madiera (Molle) 24 102 126 150 81% 84% 1 1 1 Touriga 49 92 141 142 65% 99% 2 2 3 Total RED 26,473 251,394 277,867 218,428 90% 127% % of grand total 58% 52%

RIVERLAND TONNES CRUSHED BY VARIETY (WHITE) - VINTAGE 2005 Table 13.2 Tonnes from % of demand Total winery grown Total other growers Total crushed Total preferred other growers supplied Number of wineries reporting tonnages (>0) for Variety as % of total Own Other Preferred Arneis 0 57 57 50 100% 115% 0 2 1 Biancone 330 26 356 376 7% 95% 1 1 2 Canada Muscat 0 209 209 208 100% 100% 0 2 2 Chardonnay 9,496 96,874 106,370 97,218 91% 109% 12 23 28 Chenin Blanc 658 4,492 5,150 5,019 87% 103% 2 8 8 Colombard 2,077 33,616 35,693 36,493 94% 98% 5 14 15 Crouchen 77 95 172 208 55% 82% 1 3 2 Doradillo 318 734 1,051 790 70% 133% 2 5 2 Marsanne 0 27 27 25 100% 106% 0 1 1 Muscadelle (Tokay) 28 205 233 207 88% 112% 1 4 4 Muscat Blanc (Frontignac) 0 112 112 112 100% 100% 0 1 1 Muscat Gordo Blanco 479 22,089 22,568 23,383 98% 97% 3 10 11 Orange Muscat 107 0 107 107 0% 100% 1 0 1 Other white 117 893 987 353 89% 263% 2 3 3 Palomino 409 107 516 422 21% 122% 1 4 3 Pedro Ximenes 0 115 115 114 100% 101% 0 4 3 Pinot Gris 0 10 10 65 100% 15% 0 1 2 Riesling 790 3,328 4,119 5,331 81% 77% 5 7 8 Sauvignon Blanc 2,027 2,525 4,553 5,592 55% 81% 3 7 9 Semillon 4,540 6,449 10,990 10,574 59% 104% 6 12 14 Sultana 18 3,071 3,088 4,499 99% 69% 1 8 8 Sylvaner 508 163 671 562 24% 119% 1 2 3 Taminga 38 120 157 95 76% 165% 1 3 2 Traminer 392 2,115 2,506 2,590 84% 97% 2 5 6 Trebbiano 22 157 179 147 88% 122% 1 3 2 Verdelho 158 3,129 3,287 3,777 95% 87% 2 9 10 Viognier 385 678 1,063 1,475 64% 72% 2 7 8 Total WHITE 22,952 181,395 204,347 199,791 89% 102% % of grand total 42% 48% Grand Total 49,425 432,789 482,214 418,219 90% 115% 99

RIVERLAND CROP VALUE DATA (RED) - VINTAGE 2005 Table 13.3 Variety Grower grown (t) Total crushed (t) Estimated total value purchased grapes 100 Estimated total value total grapes Lowest price 3 Highest price Calc average purchase value per tonne RED Barbera 56 56 $18,599 $18,599 $250 $400 $332 100% Cabernet Franc 216 216 $94,498 $94,498 $275 $600 $438 100% Cabernet Sauvignon 70,000 79,483 $23,446,470 $26,622,705 $81 $928 $335 100% Carignan 15 319 $4,043 $87,643 $275 100% Carina 35 35 $8,991 $8,991 $259 100% Chambourcin 56 56 $15,505 $15,505 $275 100% Dolcetto 3 3 $1,035 $1,035 $345 100% Durif 35 35 $17,280 $17,280 $491 100% Grenache 8,568 9,137 $3,210,864 $3,424,134 $150 $845 $375 100% Malbec 313 605 $120,336 $232,839 $200 $440 $385 100% Mataro (Mouvedre) 4,932 4,940 $1,841,389 $1,844,376 $150 $881 $373 100% Merlot 26,544 28,840 $11,439,184 $12,428,523 $150 $928 $431 100% Muscat Brown (Red Front) 29 29 $20,618 $20,618 $711 100% Nebbiolo 16 16 $5,450 $5,450 $349 100% Other red (group together) 123 162 $43,533 $57,597 $355 100% Petit Verdot 13,782 14,657 $4,648,076 $4,943,202 $150 $650 $337 100% Pinot Noir 6,735 7,060 $3,809,203 $3,993,010 $250 $625 $566 100% Rubired 216 216 $73,122 $73,122 $250 $400 $339 100% Ruby Cabernet 12,813 13,883 $3,796,667 $4,113,922 $150 $928 $296 100% Saint Macaire 33 33 $9,903 $9,903 $300 100% Sangiovese 403 620 $134,086 $206,070 $200 $650 $332 100% Shiraz 105,245 116,117 $55,495,526 $61,228,351 $150 $902 $527 100% Tannat 2 3 $835 $1,007 $345 100% Tarrango 782 782 $210,306 $210,306 $269 100% Tempranillo 248 248 $93,273 $93,273 $250 $500 $376 100% Tinta Cao 0 49 $0 $16,279 $333 Tinta Madiera (Molle) 102 126 $62,753 $77,642 $617 100% Touriga 92 141 $39,101 $59,935 $427 100% Zinfandel 2 2 $690 $690 $345 100% Total RED 251,394 277,867 $108,661,334 $119,906,504 qualifier 4

RIVERLAND CROP VALUE DATA (WHITE) - VINTAGE 2005 Table 13.4 Variety Grower grown (t) Total crushed (t) Estimated total value purchased grapes Estimated total value total grapes Lowest price 1 Highest price Calc average purchase value per tonne WHITE Arneis 57 57 $25,287 $25,287 $441 100% Biancone 26 356 $6,410 $88,910 $250 100% Canada Muscat 209 209 $77,679 $77,679 $372 100% Chardonnay 96,874 106,370 $67,018,686 $73,588,127 $150 $1,050 $692 100% Chenin Blanc 4,492 5,150 $1,468,670 $1,683,819 $275 $452 $327 100% Colombard 33,616 35,693 $11,404,806 $12,109,475 $150 $424 $339 100% Crouchen 95 172 $29,726 $53,921 $230 $363 $314 100% Doradillo 734 1,051 $188,733 $270,455 $225 $350 $257 100% Emerald Riesling 70 70 $25,211 $25,211 $359 100% Italia 10 10 $3,857 $3,857 $386 100% Marsanne 27 27 $7,726 $7,726 $292 100% Muller Thurgau 15 15 $6,579 $6,579 $425 100% Muscadelle (Tokay) 205 233 $59,518 $67,664 $230 $325 $291 100% Muscat Blanc (Frontignac) 112 112 $33,525 $33,525 $300 100% Muscat Gordo Blanco 22,089 22,568 $8,190,380 $8,367,921 $200 $503 $371 100% Orange Muscat 0 107 $0 $38,109 $357 Other white 776 871 $335,066 $376,258 $300 $587 $432 100% Palomino 107 516 $26,018 $125,514 $200 $255 $243 100% Pedro Ximenes 115 115 $27,588 $27,588 $200 $250 $241 100% Pinot Gris 10 10 $5,916 $5,916 $598 100% Riesling 3,328 4,119 $1,385,316 $1,714,330 $275 $507 $416 100% Sauvignon Blanc 2,525 4,553 $1,399,731 $2,523,415 $450 $800 $554 100% Semillon 6,449 10,990 $2,942,176 $5,013,496 $300 $750 $456 100% Sultana 3,071 3,088 $866,002 $871,022 $220 $325 $282 100% Sylvaner 163 671 $53,267 $219,471 $327 100% Taminga 120 157 $43,716 $57,502 $240 $487 $366 100% Traminer 2,115 2,506 $957,681 $1,135,065 $366 $600 $453 100% Trebbiano 157 179 $44,928 $51,189 $250 $325 $286 100% Verdelho 3,129 3,287 $1,431,281 $1,503,552 $150 $550 $457 100% Viognier 678 1,063 $576,602 $904,077 $495 $1,103 $851 100% Waltham Cross 22 22 $5,590 $5,590 $250 100% Total WHITE 181,395 204,347 $98,647,672 $110,982,252 Total all varieties 432,789 482,214 $207,309,006 $230,888,756 qualifier 2 101

RIVERLAND ESTIMATED AND PREFERRED FUTURE INTAKE OF RED GRAPES 2006 TO 2010 Table 13.5 102 2006 2007 2008 2009 2010 Variety estimated preferred qualifier 1 estimated preferred qualifier estimated preferred qualifier estimated preferred qualifier estimated preferred qualifier RED Barbera 67 35 100% 67 35 100% 67 35 100% 67 35 100% 42 35 57% Cabernet Franc 182 105 100% 182 105 100% 182 105 100% 162 105 91% 162 105 91% Cabernet Sauvignon 71,518 55,193 100% 77,331 64,723 100% 78,333 70,833 98% 72,547 66,963 98% 71,902 66,435 98% Dolcetto 7 0 100% 7 0 100% 7 0 100% 7 0 100% 7 0 100% Grenache 9,890 7,878 100% 10,262 8,306 100% 10,408 8,559 99% 9,755 7,996 99% 9,668 7,928 99% Malbec 809 756 98% 719 756 98% 713 750 97% 690 750 97% 690 750 97% Mataro 6,374 3,773 100% 6,175 3,898 100% 5,912 3,631 99% 4,837 2,776 99% 4,679 2,656 99% Merlot 26,338 28,081 99% 30,222 30,460 99% 34,652 35,289 97% 30,719 32,819 96% 30,459 32,652 96% Other red 1,954 1,493 98% 1,415 980 93% 1,416 981 93% 1,417 982 93% 1,419 984 93% Petit Verdot 13,112 11,222 100% 11,147 10,248 100% 11,295 9,370 97% 10,064 8,641 97% 9,217 7,794 97% Pinot Noir 5,977 5,900 100% 6,025 5,922 100% 5,982 5,839 100% 5,701 5,564 96% 5,581 5,444 96% Ruby Cabernet 9,543 5,365 100% 8,258 4,494 100% 7,828 4,185 99% 6,935 3,577 97% 6,683 3,325 97% Sangiovese 488 656 96% 463 711 89% 407 655 89% 407 655 89% 412 660 89% Shiraz 113,786 112,918 100% 116,023 115,439 100% 115,774 118,184 98% 105,165 114,934 97% 103,539 113,231 97% Tempranillo 428 451 97% 449 473 97% 417 437 84% 195 485 84% 195 485 84% Total RED 260,473 233,826 268,744 246,549 273,392 258,852 248,667 246,281 244,654 242,483 1 This indicates the percentage of crushed fruit in the current vintage for which forecast intake data was supplied.

RIVERLAND ESTIMATED AND PREFERRED FUTURE INTAKE OF WHITE GRAPES 2006 TO 2010 Table 13.6 2006 2007 2008 2009 2010 Variety estimated preferred qualifier 1 estimated preferred qualifier estimated preferred qualifier estimated preferred qualifier estimated preferred qualifier WHITE Arneis 56 50 100% 56 50 100% 56 50 100% 56 50 100% 56 50 100% Chardonnay 119,957 106,716 100% 127,173 112,005 100% 131,684 118,553 98% 114,906 108,591 98% 117,593 112,118 98% Chenin Blanc 6,794 6,684 100% 6,803 6,692 100% 7,540 7,427 99% 7,243 7,231 99% 7,111 7,099 99% Colombard 36,633 37,331 100% 34,983 37,324 100% 35,310 41,500 99% 32,113 39,018 98% 31,808 38,764 98% Doradillo 2,081 1,624 97% 2,261 1,804 97% 2,437 1,980 97% 2,412 1,955 97% 2,412 1,955 97% Marsanne 31 25 100% 31 25 100% 31 25 100% 31 25 100% 31 25 100% Muscat Blanc 223 223 100% 207 207 100% 207 207 100% 207 207 100% 207 207 100% Muscat Gordo Blanco 24,360 24,300 99% 22,342 22,866 99% 21,602 23,246 99% 19,009 21,811 99% 18,515 21,447 99% Other white 3,896 2,544 93% 4,232 2,748 93% 4,394 2,851 93% 4,277 2,941 91% 4,234 2,916 89% Pinot Gris 56 250 100% 176 470 100% 256 650 100% 256 650 100% 256 650 100% Riesling 4,632 6,007 100% 4,890 6,541 100% 4,606 6,497 95% 4,571 6,641 95% 4,536 6,641 95% Sauvignon Blanc 5,001 6,069 100% 5,834 7,070 100% 6,693 7,550 100% 5,617 6,604 98% 5,433 6,606 98% Semillon 9,648 9,802 100% 9,643 9,598 100% 9,837 9,567 99% 9,580 9,717 99% 9,574 9,838 99% Sultana 4,026 4,687 98% 3,731 4,438 98% 3,603 4,033 96% 2,836 3,267 96% 2,670 3,125 96% Traminer 2,717 3,043 95% 2,838 3,168 95% 2,871 3,195 95% 2,791 3,195 95% 2,791 3,195 95% Verdelho 2,668 3,273 98% 2,661 3,732 98% 2,546 3,637 95% 2,432 3,523 95% 2,349 3,465 95% Viognier 1,272 1,812 91% 1,482 2,372 91% 1,525 2,593 78% 1,596 2,943 78% 1,355 2,712 78% Total WHITE 224,050 214,439 229,342 221,111 235,196 233,559 209,931 218,368 210,929 220,812 Total all varieties 484,523 448,264 498,087 467,660 508,588 492,411 458,598 464,649 455,583 463,294 1 This indicates the percentage of crushed fruit in the current vintage for which forecast intake data was supplied. 103

104 RIVERLAND SUPPLY AND DEMAND FORECASTS 2006 AND 2008 Table 13.7 Variety estimated bearing area (ha) 1 estimated production (tonnes )2 2006 2008 preferred estimated Difference % estimated intake bearing (tonnes) difference production (tonnes) 3 area (ha) 1 preferred intake (tonnes) 3 Difference (tonnes) % difference Cabernet Franc 8 168 105 63 38% 8 168 105 63 38% Cabernet Sauvignon 3,507 70140 55,193 14,947 21% 3,510 70200 70,833-633 -1% Grenache 465 9765 7,878 1,887 19% 467 9807 8,559 1,248 13% Malbec 52 1092 756 336 31% 52 1092 750 342 31% Mataro 373 7833 3,773 4,060 52% 373 7833 3,631 4,203 54% Merlot 1,143 24003 28,081-4,078-17% 1,146 24066 35,289-11,223-47% Other red 100 2100 1,528 572 27% 101 2121 1,016 1,105 52% Petit Verdot 627 13167 11,222 1,945 15% 627 13167 9,370 3,797 29% Pinot Noir 205 4305 5,900-1,595-37% 216 4536 5,839-1,303-29% Ruby Cabernet 620 13020 5,365 7,655 59% 620 13020 4,185 8,835 68% Sangiovese 25 525 656-131 -25% 25 525 655-130 -25% Shiraz 5,060 106260 112,918-6,658-6% 5,188 108948 118,184-9,236-8% Tempranillo 27 567 451 116 20% 27 567 437 130 23% Red Total 12,212 256452 233,826 22,626 9% 12,360 259560 258,852 708 0% Chardonnay 4,097 102425 106,716-4,291-4% 4,404 110100 118,553-8,453-8% Chenin Blanc 167 4175 6,684-2,509-60% 167 4175 7,427-3,252-78% Colombard 886 24808 37,331-12,523-50% 898 25144 41,500-16,356-65% Doradillo 155 3875 1,624 2,251 58% 155 3875 1,980 1,895 49% Marsanne 0 0 25-25 - 0 0 25-25 - Muscat Blanc 66 1650 223 1,427 86% 70 1750 207 1,543 88% Muscat Gordo Blanco 1,073 26825 24,300 2,526 9% 1,085 27125 23,246 3,880 14% Other white 179 4475 2,844 1,631 36% 179 4475 3,551 925 21% Riesling 235 4700 6,007-1,307-28% 236 4720 6,497-1,777-38% Sauvignon Blanc 171 4275 6,069-1,794-42% 178 4450 7,550-3,100-70% Semillon 355 8875 9,802-927 -10% 366 9150 9,567-417 -5% Sultana 455 11375 4,687 6,688 59% 455 11375 4,033 7,342 65% Traminer 113 2825 3,043-218 -8% 113 2825 3,195-370 -13% Verdelho 117 2925 3,273-348 -12% 118 2950 3,637-687 -23% Viognier 74 1850 1,812 38 2% 75 1875 2,593-718 -38% White Total 8,143 203575 214,439-10,864-5% 8,531 213275 233,559-20,284-10% Grand Total 20,355 460027 448,264 11,763 3% 21,141 472835 492,411-19,576-4% This table compares estimated future production (supply) - based on planting data - with estimated future demand (preferred intake). This gives a better indication of possible shortfalls and surpluses than comparing estimated with preferred intake, as estimated intake does not necessarily account for all production of a given variety. Notes for table (1) Planting data derived from PGIB vineyard register. Bearing area includes plantings more than two years old. This means any new plantings in 2005 will also contribute to production in 2008. (2) Bearing area multiplied by yield estimate (see below). (3) Taken from the Utilisation and Pricing survey (see previous page). Yield estimates Reds 21 Cab Sauv 20 Whites 25 Riesling 20 Colombard 28

RIVERLAND PAST PRODUCTION AND PROJECTIONS FOR MAJOR VARIETIES 1991-2010 Figure 13.1 Grenache Past production and projections (major varieties) 140000 120000 PAST PRODUCTION PROJECTIONS (preferred intake) Shiraz 100000 Chardonnay 80000 Cabernet Sauvignon 60000 40000 Colombard Merlot 20000 0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 105

RIVERLAND CURRENT PLANTINGS BY VARIETY AND YEAR PLANTED Table 13.8 106 Current area in hectares by year planted Variety Pre-2000 2000 2001 2002 2003 2004 Total area % planted in 2004 CABERNET SAUVIGNON 3295 132 47 23 12 3 3510 0% GRENACHE 441 14 8 2 1 2 467 0% MATARO (MOUVEDRE) 349 12 10 1 0 0 373 0% MERLOT 953 45 92 27 25 3 1146 0% PETIT VERDOT 432 105 79 8 2 0 627 0% PINOT NOIR 89 68 29 19 1 11 216 5% RUBY CABERNET 577 34 5 5 0 0 620 0% SHIRAZ 4554 117 104 115 170 128 5188 2% TEMPRANILLO 6 0 6 16 0 0 27 0% OTHER RED 165 18 2 0 1 1 188 1% TOTAL RED WINEGRAPES 10859 545 382 216 213 148 12362 1% CHARDONNAY 2301 103 635 648 410 307 4404 7% CHENIN BLANC 167 0 0 0 0 0 167 0% COLOMBARD 619 105 95 43 24 12 898 1% DORADILLO 153 0 1 0 0 0 155 0% MUSCAT BLANC 48 1 4 11 3 4 70 6% MUSCAT GORDO BLANCO 999 5 18 27 23 12 1085 1% RIESLING 217 3 0 2 13 1 236 0% SAUVIGNON BLANC 122 0 8 15 26 7 178 4% SEMILLON 336 13 0 2 6 9 366 2% SULTANA 438 3 9 4 1 0 455 0% TRAMINER 52 0 35 25 1 0 113 0% TREBBIANO 32 0 0 0 0 0 32 0% VERDELHO 102 4 8 0 2 1 118 1% VIOGNIER 16 21 15 19 4 1 75 1% OTHER WHITE 174 0 5 0 0 0 179 0% TOTAL WHITE WINEGRAPES 5776 260 833 796 512 355 8531 4% ROOTSTOCK BLOCK 36 0 0 0 0 0 37 0% MULTI-PURPOSE / TABLEGRAPES 194 1 2 6 3 3 210 2% TOTAL ALL VARIETIES 16866 806 1217 1017 728 506 21141 2%

RIVERLAND PAST PRODUCTION 1996-2005 Figure 13.2 107