VOICED: A bumper crop is creating more problems for Champagne industry

The video discusses the grape harvest and its impact on the champagne industry. Despite a bumper crop due to favorable weather, the industry faces challenges with a 19% sales decline, particularly affecting exporters. Small producers targeting local markets are less impacted. To address the surplus of unsold champagne, the governing body has mandated a 26% reduction in grape harvest. The new champagne will not be available until 2012, highlighting the industry's strategic adjustments to balance supply and demand.

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