Showing posts with label En Primeur. Show all posts
Showing posts with label En Primeur. Show all posts

Friday, 9 January 2015

A Trip To The Not So Distant Past - Burgundy 2013 Part 1

I've been involved with Burgundy En Primeur campaigns for the last couple of years now, and have seen the difficulties the vignerons and wine makers have had to face, with poor harvests due to some absolutely devastating weather conditions. With the tiny harvest of 2012 I spoke to several vignerons with regard to 2013 to see what their expectations were, and many said that they were concerned that while the harvest was again going to be small due the hail storms, the large deluge of rain they had had, meant they were also very concerned for the quality, as the grapes were fat with water. Not many people were expecting 2013 to deliver much if anything at all, many were expecting to be putting the vast majority of their fruit into making their most basic village wines, not their Premier or Grand Cru wines.

So for the first tasting of 2015 I headed into central London and dropped into Flint Wines 2013 Burgundy En Primeur tasting at Il Bottaccio, this is the first opportunity that most of the UK trade and press have had to taste these wines, so I was really looking forward to seeing what they had managed to produce from the 2013 vintage.

The whites were difficult, many of the entry wines had plenty of green apple fruit but not much else flavour wise, they did have a real steely minerality to them that made them very austere, most had quite a soft acidity which helped to soften out the minerality a little, but not much. In the middle you had a lot of good wine with a little more depth of fruit, the wines that had spent some time in oak were starting show small signs of development and complexity in them, but their was nothing that really bowled you over, of course many of them need a little more time before they will fulfil their potential, but from what I tasted this is going to a small window and I don't think you'd be particularly bowled over by them.

Moving on to the Premier and Grand Cru wines, these were pleasantly surprising, there was some lovely green fruit that was starting to signs of development and going towards more baked than fresh in character. The oak was starting to integrate beautifully with one or two showing a real toasty side, with this you also got hints of the sweet spice Vanilla, combine these with a bountiful but soft acidity, due to the Malolactic fermentation they had gone through, and you were starting to see the signs of where these wines were going.

There was one producer who really stood out for me on the whites, and that was Domaine Ballot-Millot, this is a family estate based just outside the village of Meursault,they were showing 4 wines, a Bourgogne Blanc, a single vineyard and two Premier Cru Meursault. It was these three Meursault's that really stood out from the rest for me. The 'Les Narvaux' had a lovely yellow/gold colour to it, with some lovely fruit to it that was starting to head towards baked, it had a lovely minerality to it with hints of vanilla coming through very gently and a wonderfully soft acidity just brought it all together. The two Premier Cru, 'Charmes' and 'Perrieres' both really took this up a notch with much greater depth and richness, while they were lovely today they are only going to get better and better with age, for me there wasn't much between these, but I did prefer the 'Charmes' though.

Red's to follow next week....


Monday, 25 May 2009

En Primeur - The Conclusion

The en primeur process has been around for centuries; however, this does not necessarily mean that it is still a viable institution. Many commentators believe the process to be both flawed and outdated, yet despite widely publicised negativity, no one seems to offer anything to replace it which would benefit both consumers and producers.

The major issue is that many of the châteaux are not prepared to sell their own wine which is why they use negociants. However, if châteaux work on this issue, they could vastly improve their distribution channels. Many producers don’t even benefit from the high prices charged for their wines on the secondary markets, and have become aggrieved by the lost revenue.

En primeur has become an outdated system, one which has created an air of elitism around Bordeaux and one which has become a huge area for debate in the industry. With many people within the industry turning against the process and questioning its benefit for the consumer, it is hard to see a change not occurring. It has also become too overpriced to remain a viable option for investors, leaving a surplus to required wine. If this happens, producers will have no choice but to accept they need to find new methods of sale, one which gives them the continued capital they require, but offers the best deal for the end consumer.

One big problem with changing the process is that despite a constant stream of objections to the process, no one has been able to find a suitable replacement to the method, if indeed there is one at all. Without the producers improving their network of distribution and exploring new channels, such as the internet, while investing in marketing campaigns it is unlikely they will accept any push for a change.

Thursday, 21 May 2009

En Primeur Part Two: The Pro's

Arguably, the advantages of buying en primeur are few and far between for the consumer. However for those looking to make an investment; the practice arguably holds great sway. For them, the ability to buy high quality wine from the most sought after regions, for a heavily discounted price makes it a worthwhile process.

As consumers and investors pay before wine is even bottled another advantage is the ability to choose the sizing of the bottle you require. The producer will present the wine however you want it, from a half to a magnum. Whilst this might not be important to some, for some wine enthusiasts the opportunity to buy wine in a magnum, which is a rarity, adds to the draw.

From a producers point of view, the advantages are numerous. Firstly, and for many châteaux’s, most importantly, is the fact that they do not have to wait three years to cash in on that years harvest. This means the chateaux itself has to invest less capital to sustain its business.

Secondly, en primeur wine creates a huge demand within the industry, due to the publicity it receives. The economic laws of supply and demand mean that when there is high demand for a product in low supply, prices will naturally be high if there is a market for them. With en primeur pricing being guided by commentators such as Robert Parker, and regarded as some of the best in the world, it is unsurprising that many producers are able to charge large amounts for wine which isn’t even matured.

Finally, selling wine en primeur reduces the châteaux’s own risk. By selling it before it is matured, producers do not have to concern themselves with the possibility of unsold wine not to the complexity of the original tasting. Again taking away the risk and ensuring a profit!

Tomorrow – the con’s!

Tuesday, 19 May 2009

En Primeur – An Introduction

En primeur roughly translates from the French as “first refusal” or “in early produce.”
In its pure form the method originated two centuries ago, when merchants selected barrels of wine which they would then bottle themselves. Today the bottling process has been taken over by the châteaux. Despite the changes, the principle remains the same, allowing producers to benefit greatly from the advance payment for their wine.

In its simplest terms en primeur is the practice of selling wine before it is ready for release, before it has even been bottled. These are unfinished wines, which are only half way through the maturation process. It will be months, even years, before these wines are ready for the bottling process, after which they will still require further maturation before they become approachable.

The method is traditionally practiced by the wines of outstanding quality from Bordeaux, Burgundy and The Rhone valley. Other regions such as Italy, California and Australia have recently begun to partake in this practice on an extremely limited scale.

En primeur purchasers fall in to two distinct categories: Wine lovers, who are unfazed by the prospect of waiting years before they can taste the final product; or investors, whose aim is to make a financial profit from leaving the wine to mature. The latter are the most predominant buyers.

The en primeur process is a complicated one, in which people purchase wines on others recommendation. Often, they will not have even tasted the wine for themselves, and are led simply by the profile and recommendation of wine commentators within the industry, such as Robert Parker, Clive Coates and James Suckling.

Barrel tasting for Bordeaux en primeur wines occur the spring after the harvest, which equates to a maturation of around six to eight months, leaving the raw wine still highly tannic and undeveloped. Tasting for en primeur wines of Burgundy and The Rhone regions occur another six months after that, leaving them in a similar condition to that of Bordeaux. The tasting allows producers of the wine to understand how the market will react, by the feedback of the wine connoisseurs. It also gives the negociants a chance to see how the finished article will develop, giving them an idea of the quality of the wine. This in turn allows them to determine the eventual price.

En Primeur - Time for a change?

Having written an essay on En Primeur for my WSET Diploma last year, I though I’d share with you some parts of it.

So, from this evening, I’ll be posting one part a day (there are four parts). This will include an introduction to the process, followed by short articles on the pro’s and con’s of it usage, ending with my own conclusion on whether I believe it is time for a change in the industry.

As always, I welcome any comments, so if you agree, or disagree with my opinions please do say!