Wine Spectator: Bordeaux’s 2017 Futures Campaign Picks Up SpeedJune 13, 2018
The 2017 Bordeaux futures campaign has hit the gas pedal this week. Château Mouton-Rothschild released its 2017 futures yesterday at 348 euros per bottle ex-négociant, a 17.1% decrease on the 2016 release price. It is selling at leading U.S. retailers for $504 a bottle, or $6,048 a case, an 8% decrease on the 2016 and nearly $100 less than the 2015. Château Mouton-Rothschild is the first of Bordeaux’s five first-growths to enter the futures campaign.
Several other top names released yesterday at more attractive prices. Léoville Las Cases released its first tranche of 2017 at 144 euros a bottle ex-négociant, down 20% on the 2016 release. Leading U.S. retailers are offering it for about $208 a bottle, $2,496 a case, a 14% drop from 2016.
Pontet-Canet released its 2017 at 80 euros per bottle ex-négociant, down 26% on the 2016 release. With the current exchange rate, the average U.S. retail price is $116 a bottle, $1,392 a case, 14% less than the 2016 release price. Those releases followed the entry of Château Pichon Longueville Lalande and Château Gruaud-Larose among others to the futures campaign last week. Wine Spectator has full coverage of Bordeaux’s 2017 futures campaign on its website.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.