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February 2007 - Posts

  • What is En Primeur? - Puneet Dhall

    Every year, Around May, the fine wine market gets very hectic. People from all over the world clamour to buy Bordeaux wines from the recently completed vintage – The interesting this is that these wines do not yet exist in the bottle. In fact the wines are still sitting quietly in barrels all over Bordeaux, slowly integrating the numerous flavours floating around in solution and oak, and probably only just starting Malo-lactic fermentation. The wines will not be available in bottles for at least another 18 months after the En Primeur date.

    So why the commotion?

    Well around May of every year, the Chateaux of Bordeaux, one by one, make their wines available to buy as ‘future options’. This is the meaning of ‘En Primeur’. As the Chateaux declare their wines available to buy as futures, they allocate certain volumes to various Courtiers/Negociants and Traders around the world. These allocations are like gold dust. These allocations are then traded onto end consumers and indeed parallel traded to other traders who may not have received allocations or are investing themselves.

    Allocations are released in several tranches, each subsequent tranche becoming a little more expensive that the previous tranche. For the Châteaux whose wines are highly sought after, in the space of a day the En Primeur prices can rise 20% or more.

    As a customer, to get your name onto an allocation list for any highly sought wine is extremely difficult. You will have to show good history of buying with the trader in question, both in time and money.

    An example is 2005 Petrus, which came out En Primeur in June 2006. Initial allocations to the privileged few sold at approximately £8-10K per case of 12. By the end of the week a case of 12 was trading at £18K. Today a case of 12 Trades at £22K….where will it end? Who knows, currently a case of 1982 Petrus trades at £30K – A vintage which is probably not as well regarded as 2005.

    How do the wines Command such High Prices?

    The answer is Supply and demand.

    Some of the wines produced by the Bordeaux Chateaux are amongst the best wines in the world. The terroir is second to none, and over centuries the Farmers have come to understand exactly how to cultivate their land for ideal wine grapes. Strong wines, combined with strong brands and minute volumes lead to huge surges in demand as the Global Cognoscenti demand the finest for themselves, both for purposes of Investment and to drink.

    Are the wines worth it?

    This is a very personal question. There are many people around the world who will spend thousands of pounds for a great bottle of wine. As long as these people value wine in such a way, it’s worth it. Not all the Chateaux in Bordeaux command great prices, and each year the world waits for reviews from re-known critics – to see which Chateaux at this stage of development appear to have done a good job, and which not so good. A big hit from the 2005 vintage was the Pontet Canet which reviewed highly and generated a lot of interest. The Pontet Canet came out 50% higher than previous vintages, and is continuing to rise. Currently it is priced at approx £540 per case. The 2000 Vintage, another great vintage is selling today in the £370’s per case….a good buy perhaps??

    Should I Invest?

    Tread very carefully here. Indeed there is good money to be made Investing in Bordeaux En Primeur, and many portfolio analysts praise wine Investment as an Avenue in any Investment Portfolio, although perhaps not the main focus. One of the advantages of wine is that it is not liable to Capital Gains tax as it is a perishable. It can be bought and sold for Investment Under Bond, and free from any Tax from profit made.

    However buying En Primeur is a hedge – You will most likely not have tasted the wine yourself, and will be relying on other people’s reviews. The wine is still not finished, and may not finish as well as expected – The risk is yours. Experience helps. Mathematical brains have also started to apply their focus to this matter – as yet no Golden rules have emerged. But to leave you on a parting note, a case of 1982 Latour would have cost you around £500 in 1987. Today you are looking at around £12,000. A 24 Fold Increase. Not many Investment trackers would give you a return like that.

    But remember…

    For all the talk of Investment – wine is there to be tasted, savoured and remembered. By all means invest….but the best Investors are those who love wine

    For more information please do not hesitate to contact me. I have many years experience both in winemaking and working for one of the main Fine Wine Traders in the UK

  • Wine and Cheese - Shagun

    “Cheese is probably the best of all foods, as wine is the best of all beverages”, PATIENCE GRAY, 1957.


    Wine and cheese have been associated together ever since their discovery. They have been considered natural allies for as long as people can remember. This view remains valid even today. Sometimes they make a high quality marriage and at times getting along with each other can prove quite shattering. Surely, there cannot be many greater pleasures in life than a good ripe cheese matched with a glass of quality wine and a chunk of freshly baked bread. The great advantage is that all three can be benefited in their “raw” state, with little or no preparation, making them an idyllic choice for most people.

    While combining wine and cheese, you will notice the immense similarity between the two. Just as the aromas, body and bouquet of a wine depend on the grape variety, as well as the production techniques and the length of aging, in the same way the taste, texture, flavor, aroma of cheeses depend on the milk from which they are produced, i.e., cow, goat, ewe, or mixed milks; and the methods to make them and ripen them. It is astounding to realize that both wines and cheese are so metaphorical in the way they are made and even relished that this well liked combination is quite in style even today.

    In order to appreciate them both fairly, one doesn’t need to be born in Europe. Following your senses and perhaps keeping a few pointers in mind, one can very easily acquire the charm of les fromages & vins duo. Here are some simple, easy to remember rules.
     

    1. Pair wine & cheese belonging to the same country

    Pairing wines with cheese produced from the same country or region is mostly a hit. For example, the Camembert, a soft French cheese couples well with a Chenin Blanc from France and the Manchego, which is a hard cheese from Spain makes a wonderful marriage with a full bodied Rioja wine. In some odd yet intriguing manner, this combination usually is a surety.

    2. Balance the flavors

    A strong cheese like the French Roquefort, known as the king of all blue cheeses, would be such a waste if paired with a light, semi sweet white wine such as a Chardonnay. This sort of a beautiful yet pungent cheese would surely need Sauternes, which is a sweet wine from France in order to enhance its taste and vice versa. A mild cheese such as a fresh soft buffalo Mozzarella cheese would taste appalling with the graceful Sauternes wine; instead, pair it with a lightly chilled bottle of Chianti wine. This would take over the blandness in the cheese and compel you to focus more on the fruitiness and tannins in the wine and the wonderful soft texture of the cheese. Now, if you are looking for the really strong stuff, then a well rounded dry red wine such as Bordeaux would taste nice with a sharp blue veined cheese like the Italian Gorgonzola and an easy thing to remember is that most salty cheeses taste very well with acidic wines such as a Sauvignon Blanc. Therefore, it is all about balancing the flavor. Make sure the flavor does not clash; instead they should compliment the other.

    3. Red is tricky, not unconquerable

    To pair red wines with cheese is a shade tougher than pairing them with white wines. If you are a die-hard red wine lover, then here is a tried and tested tip. Most red wines from the region of Beaujolais in France, except the Beaujolais Villages would pair well with most cheeses if chilled slightly. A Merlot would also be an easy bet, since it is usually low in tannins and the fruitier of most red grape varieties.
     

    4. Focus on the texture

    Many would ask about their favorite, the “bubbly”? Well, sparkling wines have their own special beloveds when it comes to cheeses. Champagne would generally pair well with creamy cheeses such as a French Brie, or even Chevre, goat’s cheese. The logic is quite logical after all. The bubbles in the sparkling wine break the fat which coats one’s palate while consuming creamy cheeses. It refreshes the palate and allows the cheese to be enjoyed to its fullest. A dry flute of sparkling wine would also taste exceptionally well with a hard sharp Cheddar. It is all about balancing the textures as well. So the next time you’re having a wine and cheese evening, make sure you have soft, hard, sharp, mild, pungent…all kinds of cheese with varied textures to experiment with your wines.

    5. If all fails, stick with white wine

    If you are already well versed with the above stated, then there is also the never ending debate stating that most white wines couple well with most cheeses. This might most usually be the most logical thing to do, but it’s the sharp cheeses that need the attention to detail. Nothing customary works here. The trick is to make sure that neither the wine, nor the cheese should overpower each others qualities. But in most cases, white is usually a safer bet. Riesling, Gewürztraminer, Semillon & Chenin Blanc are examples of usually good cheese partners.

    6. Cheese loves fortified wines

    In Europe, a lot of restaurants offer a cheese platter as a dessert. This platter comes decorated with varieties of cheese, ranging from different textures, regions and different flavors. This platter is sometimes frilled with cut fruits such as strawberries, figs, grapes, pears and sometimes there are even walnuts sprinkled over the cheese board. This grouping is not even close to complete until a sweet glass of sherry or port is brought out. These are fortified wines. Unlike natural wines, they are much higher in alcohol and are much sweeter. Madeira or Port wine both taste exquisite with strong blue cheese. These wines compliment the pungency in a blue cheese and in turn, the cheese opens up the bouquet of the port and does not allow the alcohol to dominate the palate.

     

    Having said all this, in the end of it all, pairing wines with cheese or food is entirely individual. There are no unbending rules affixed to this coupling and the more you experiment, the more you discover. Since food is such an ordeal to match wines with, cheese is a unique product that can be matched with wine quite easily. There is nothing too complicated about this matching. As a general rule, if one tries to understand cheeses, the older the cheese is the more dominating and attacking it will be towards the wine.

     

    Now that you are well versed with the knowledge of “How to match wines with cheese”, let us call a toast to the enjoying wine with cheese and there is only one thing to be said here. “Taste & pleasure count most of all”. Enjoy!



    Shagun

    Posted Feb 15 2007, 02:30 PM by admin with 1 comment(s)
    Filed under:
  • “Try different wines varieties and find your won favorite wine for the matching food”, says Amy, owner of Amy Ganesha

     “Try different wines varieties and find your won favorite wine for the matching food”, says Amy, owner of Amy Ganesha, Indian Restaurant located in Downtown Milwaukee, Wisconsin, USA. Amy Ganesha is one of the Unique and high end restaurant have 80 different wine labels in their menu, price range from $20 bottle to $200 per bottle. Uniquely designed restaurant, mixed with the both modern and classical Indian look and feel.  Entire items are in the restaurant is custom designed. Amy selected the wines carefully, comes from different regions of the world that matches with Indian foods perfectly. She did not forget the Indian Wine, few Indian Wines are top of their menu list.

     

    Milwaukee is unofficial capital of beer brewers in USA, She goes to every wine tasting in that city and always look for best wines that matches with her Indian Restaurants. She strongly believes, there are plenty of wine varieties and also Blended wines in the market produced by several good wineries, it is very difficult says one that match with Indian wine. She strongly believes everyone should try different wine varieties and come up with their own wine list.

     

    Dancing Ganesha, Indian Restaurant

    Milwaukee, WI, USA.

     

    Please visit their Dancing Ganesha website for mote details

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