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A guide to buying Bordeaux & En Primeur | Glengarry, May 1, 2021
What is En Primeur?
Also known as Wine Futures, Bordeaux Futures, or, as we like to refer to it, a liquid investment.
En Primeur refers to the process of buying wine before it is bottled and released onto the market – usually, the wine is delivered 2 years later.
The process can be traced back for centuries, but only recently did it reach the popularity that it has today. Historically, the Château in Bordeaux would sell their wine in bulk or in barrels to a wine merchant. The wine was then bottled by each merchant at their offices in Chartrons. After Château bottling was established, it was then the financially tough times of 1974 that saw merchants onsell to retailers globally while the wines were still in the barrel.
There are many advantages to purchasing wine En Primeur.
The first is availability. Some En Primeur wine is produced in very limited quantities (a château can produce as little as 200 cases a year for worldwide allocation) and are only available En Primeur, i.e. they will never reach the open market.
Even for En Primeur wine that does eventually make it to retail shelves, the quantities available are extremely limited rendering it likely that you will miss out if you do not acquire the wine En Primeur.
The second significant advantage is price. The cost savings with En Primeur vary with the actual wine concerned from the various châteaux. The price that you purchase the wine at En Primeur is significantly less than the wine will be on the retail shelf two years later. The market conditions at the time have a bearing.
How to get involved?
Glengarry has a dedicated En Primeur website, suited to desktop and mobile. There’s a simple registration form to complete and you are set. You’ll receive offers as they become available, by your preferred means of communication.
Your free guide – Click here to download your free guide to En Primeur.
A list of the world’s 50 best vineyards for wine tourism has named a Central Otago and a Hawke’s Bay estate as being among the best, as voted by ‘The World’s Top Wine Tourism Destination Academy‘.
And those two Kiwi vineyards rank in the top 20 in the world in the list out today.
The World’s Best
The global list of wine tourism destinations named Argentina’s Zuccardi Valle de Uco in the top spot for the second year running.
Bodega Garzón in Uruguay was second for a consecutive year and Domäne Wachau in Austria jumped 16 places to claim the third spot this year.
New Zealand’s Best
But Central Otago’s Rippon, on the Wanaka-Mt Aspiring Rd, placed 13th and was also named the best vineyard in Australasia. The Hawke’s Bay’s Craggy Range was 17th best on the list. Last year, the biodynamic Rippon was in eighth place and Craggy Range was 11th.
Rippon, 2020 World’s Best Vineyard (13th)
@13 THE BEST VINEYARD IN AUSTRALASIA: Rippon Country: New Zealand Wine region: Central Otago Standout points: Jaw-droppingly beautiful views from the shore of Lake Wanaka; stunningly sleek biodynamic wines Winemaker: Nick Mills Wine style: Precise, site-specific noble varieties (Pinot Noir, Riesling, Gewürztraminer)
The list said Rippon had “jaw-droppingly beautiful views from the shore of Lake Wanaka, stunningly sleek biodynamic wines” from winemaker Nick Mills and “precise, site-specific noble varieties of Pinot Noir, Riesling, and Gewürztraminer”.
Winter at Rippon
“What makes Rippon one of the most desirable estates in the world to visit? The wines, the views, and the people – in equal measure. Lake Wanaka, an ancient moraine lake, shimmering under the crystal light of a sunny Central Otago day must count as one of the most Instagrammable images on the planet. That Rippon maintains 15ha of vines in this immaculate landscape is wonder enough, but the quality and sense of place of its wholly estate-grown wines gives this little corner of heaven an extra special appeal,” the citation said.
Burgundy-trained fourth-generation Mills and his team were praised along with the organic and biodynamic methods and intensive handwork on display. “Rippon’s cellar door is open for small group tastings by uncharged appointment throughout the year. Expect to enjoy an informal yet informed tasting of some of the best wines of Central Otago as you’re guided through a selection of five or six Rippon wines by a switched-on member of the Rippon team, who will talk you through the farm, the family’s history and if you’re game, the arcane world of biodynamics,” the list said.
Craggy Range, 2020 World’s Best Vineyard (17th)
@17 Craggy Range Country: New Zealand Wine region: Hawke’s Bay Standout points: Stunning location in the shadow of Te Mata Peak; luxury boutique accommodation; award-winning restaurant Winemaker: Julian Grounds Wine style: Multi-region, site-specific wines, everything from aromatic whites to Bordeaux blends, and terroir Syrahs and Chardonnays
On the 17th-ranked Craggy Range, the list said it was in a “stunning location in the shadow of Te Mata Peak, luxury boutique accommodation; award-winning restaurant”. It cited winemaker: Julian Grounds and said wines were “everything from aromatic whites to Bordeaux blends, and terroir Syrahs and Chardonnays.
Terry and Mary Peabody & family
“Over the past 20 years, Terry and Mary Peabody have expended every possible effort to make Craggy Range an exceptional visitor experience. Whether it’s the cellar door, inspired by some of the Napa Valley’s leading wineries, the award-winning restaurant with 360-degree views of the local landscape, or Craggy Range’s exceptional boutique accommodation, expect nothing but the best in this beautiful little corner of Hawke’s Bay,” the list said of that operation established in 1998.
“When it came to establishing their vineyards, from the off Terry and Mary pursued an innovative multi-regional approach, focusing on the Gimblett Gravels in Hawke’s Bay, ideally suited to high-quality reds including Syrah, Merlot and Cabernet Sauvignon and Te Muna Rd in Martinborough – better for Pinot Noir and Sauvignon Blanc – to produce a range of wines that speak eloquently of their place,” the list said.
“On a typical cellar visit, former New Zealand sommelier of the year Michael Bancks greets guests at the door and begins the tour in the main cellar building, Sophia, where you learn the history of Craggy Range. Then it’s on to the subterranean barrel hall, The Quarry, where you will taste from the estate’s unreleased prestige collection wines still in the barrel.
The award-winning Craggy Range Restaurant
“From there, the tour moves on to the restaurant garden in the shadow of Te Mata peak. At the award-winning Craggy Range Restaurant, head chef Casey McDonald has devised a menu inspired by the elements and produced abundantly in Hawke’s Bay. Finally, it’s on to the sun terrace to enjoy a guided tasting of Craggy Range’s diverse multi-region range, with a variety of flight options available to suit each guest’s tastes,” the citation said.
The world’s best vineyards list is based on nominations from a voting academy made up of more than 500 wine experts, sommeliers, and travel correspondents from around the world. It aims to raise the profile of wine tourism and encourage travelers to enjoy wine-related experiences globally.