Whitman Voices

Introduction

First-of-Its-Kind Report Estimates En Primeur Wine Prices Using Weather and Market Data

First-of-Its-Kind Report Estimates En Primeur Wine Prices Using Weather and Market Data

A report by Burak Kazaz, Steven R. Becker Professor of Supply Chain Management at Syracuse University’s Martin J. Whitman School of Management, along with M. Hakan Hekimoğlu Ph.D. ’16, assistant professor at Rensselaer Polytechnic Institute’s Lally School of Management, released April 24 by the London International Vintner’s Exchange (Liv-ex), outlines a new approach to predicting wine futures prices, using weather information and the Liv-ex 100 index. According to the researchers’ exclusive models, prices for the 2017 vintage should be slightly higher, but the frost news might cause winemakers to reduce their release prices.

Study details and a link to the full report can be found on the Liv-ex website, along with other price estimates and data surrounding expectations for the 2017 en primeur campaign.