U.S. wineries and grape growers are finishing their second consecutive good-quality, large-quantity harvest this fall, but while grape production seems secure in the short term, rising consumption and fewer grapes could lead to a long-term shortage, writes Jim Gordon. The U.S. wine industry faces two major concerns, says Gordon: an erosion of market share by volume for California wines, and the planting of too few acres to keep up with a rapidly increasing consumer demand.

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