Sadly the article is confused, short on detail & if one reads further down, GLOBALLY the year’s expected volume seems to have fallen by 4% compared to 2020 and is 7% lower than its 20-year average. However in the European Union, production was forecast to fall down 13% from last year.
I imagine the situation is more nuanced, given widespread European frosts early this year (Burgundy esp.)
So… is now a good time to stock up on 2019’s before anticipated price hikes for the 2021’s? or will the reduced volumes in Burgundy produce higher quality?