Rob McMillan
Rob McMillan, founder of Silicon Valley Bank’s Wine Division, a provider of financial services to the fine-wine industry, Saint Helena, California. http://SVBWine.blogspot.com
Wine-industry expert Rob McMillan warns of current grape shortages. Prices on better-quality California wines (more than $20) are likely to rise by 6% to 9% during the next year. Over the past decade, many grape farmers in the state have switched to more profitable agricultural products such as other fruits and nuts. Alternatives: Wines from Oregon and Washington State…imports from France, Italy and Spain.