Source: MORNING AG CLIPS, 10/11/17

Hail, frost and droughts have hit Europe’s grape harvest hard, making it the smallest in 36 years. The quality of the wines, though, is expected to be excellent. The European Union’s Copa-Cogeca farm union said Tuesday that the extreme weather means the harvest is expected to be down 14 percent, with some areas seeing a drop of as much as one third. That will cut wine production to a level not seen since 1981 at 145 million hectoliters.

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