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Wine Spectator: Bordeaux’s Futures Campaign Continues With Mouton-Rothschild, Cheval-Blanc Releasing Prices

June 11, 2020

The 2019 Bordeaux futures campaign shows no sign of slowing down, with Château Mouton-Rothschild and Cheval-Blanc releasing their futures so far this week, along with several other top names.

Mouton’s owners released their allocation at €282 per bottle, ex-négoce, a decrease of 30.8% on the €408 release price of the 2018. The wine is being sold by leading U.S. retailers for $400 per bottle, $4,800 per case, a 30% decrease on the 2018s and considerably less than the average retail price of both the 2015 ($664) and 2016 ($741) wines on the market.

St.-Emilion icon Cheval-Blanc is typically one of the last top names to release its futures, but nothing is typical in this pandemic-impacted campaign. The owners released the 2019 futures at €370 per bottle, ex-négoce, down 29.9% on the 2018 price of €528. Leading U.S. retailers are offering the 2019s at $495 per bottle, down 30% on the 2018s and 40% less than the 2015 and 2016 vintages. Wine Spectator is tracking the 2019 Bordeaux futures prices as they’re released.—James Molesworth

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