Bordeaux 2007

More, please Bordeaux France Wine

We haven’t heard much about the state of the 07 vintage since the earlier reports about near continual rain from May to August, but the more honest insiders are basically saying it is a disaster for the growers.

It was the same all over France (except in the Northern Rhone) with Burgundy being hit by bad storms in the early summer and no miraculous months of hot weather to redress the stunted growing season.

The 06 Bordeaux vintage was saved somewhat by the heat in September and by drastic crop reduction by the top few score of chateaux, but fundamentally I believe that miraculous saved vintages and unashamed rained on ones suffer from trauma. I have yet to have any 98 left-bank wine that didn’t taste lean and mean.

The 2005 was truly as great as the pundits said. In fact, I predict that once the grander 05s are in bottle next April, it will be spoken of in the same breath as 61, except there is a lot more of it produced.

Despite this depressing latest news for the growers, drinkers and investors are not going to be too upset, especially because greedy Bordelaise producers refused to drastically reduce the 06 prices. (Anyone who was foolish enough to buy any 06 Bordeaux en primeur will probably have to wait until the following decade to see a return). Be warned that any time soon we will see reports of how 07 was saved by relatively benign weather around harvest time and that the great wine-makers have created really quite excellent wines given the prevailing conditions etc etc. Last time I looked at the weather in Bordeaux it said either thunder storms or unsettled weather. So ignore the lot of them and don’t bother buying anything en primeur next spring, even if the prices are down by a third or more.

Instead, remember there is the undervalued 04 to buy—and drink; the 03s for those who like New World power; and, quite soon, a huge range of minor 05s will be on the market, which will be great for the medium- to-long term.

My rule is that a £10 wine from an awesome vintage such as 2000 or 2005 will always outclass even a £100 wine from rubbish one such as 1991, 1992, 1993.

Going slightly further back in the current century, the 2001 Bordeaux vintage is being reappraised, as it was always in the shadow of the superb 2000. There are no bargains at the very very top, as the likes of Lafite have doubled in recent months but look out for non-first-growth 01—and 04—Graves and Pomerols, as most of them have yet to creep in price compared with 2000 and 2003.

Talking of 03, the one top wine that is not infanticide to enjoy right now is Domaine de Chevalier, a red Graves that is back on form. This is amazingly vigorous exciting stuff—and is still available at top brokers or merchants like Farr Vintners or Corney and Barrow for £200 a case in bond. And don’t forget virtually every other 2005 French vintage for extraordinary wines—I particularly adore top of the range Beaujolais such as Fleurie, Moulin á Vent and Brouilly for current drinking, while the minor white Burgundies are delicious too.

Post by Bruce Palling on Friday, October 5, 2007 @ 15:46.

Comments

Mad to buy 2006?


...or are we? Whilst I agree that minor wines from a great vintage are generally a more attractive proposition than a flawed 'masterpiece' from a poor one, you are assuming that there are wines in 2006 that are simply not as good as 2005. This leads you to conclude that there is no investment wines that could be bought in '06 that will return on the capital outlay within the next decade. But is that true? Is '06 a rerun of 1997? I would argue it is not. Whilst the growing season was wet, and irregular, July was the hottest on record. It was climatically very different to a genuine washout year like 1993 when September was soaking wet and dank. Is Mission La Haut Brion worse in 2006 than 2005? Or le Pin and Petrus '06 the weaker pairing of the two? How about la Chapelle de Mission, Conseillante, La Fleur Petrus, La Providence, Hosanna, L'Arossee, Vieux Ch. Certan or Dom de Cheavlier Blanc? Am I mad to have bought all of these wines in the '06 en primeur campaign? Probably about as mad as the buyers of '05 Latour or Lafite at £4K (rather smart in restrospect), and less signicantly less mad than buyers of Vieux Ch. Certan '05, who may not see a return until 2015.., I do agree with the idea of buying one's drinking wines from across the board in a special year like '05, and avoiding years where the critical months of July, August and September are dreadful, but being a vigneron is not about black and white decision-making, there is no one magic recipe for making profound wine, and there is no one climatic ideal that will guarantee the vintage of the century.

Nick, no, you are not as mad


By e-mail from Bruce Palling: 

Nick, no, you are not as mad as I may have made out because you have chosen wonderful wines which will be highly enjoyable in a decade or so. What I should have said is that economically, it is not wise to lock up your money in a vintage that will certainly never outshine its predecessor overall. Also, the 04s are generally far cheaper than the 06s, so I would rather purchase three or more cases of say 04 Eglise Clinet than one of the 06. Ditto for la Mission 04 as opposed to 06. I tasted the Chapelle La Mission 05 recently and it was amazing stuff, so don't ignore that either. As for 97, you probably know that brokers were selling it off a couple of years ago at a third less than en primeur prices, so if you factor in inflation, that was a disastrous thing to purchase en primeur. And yes, there are always exquisite wines in so-called minor vintages. Conseillante 81 remains one of the greatest wines I have ever drunk, though the 82 is five times more expensive. Perhaps 06 will turn out like 01, which was also superior on the right bank but is only now receiving its due recognition compared with the 00. But I am happy to wager a magnum of VCC 04 (or 05) that either will have been a far wiser investment in 10 years time than the 06. It is the overall vintage reputation that lifts prices, not the fact that an individual wine is superior in a subsequent less trumpeted vintage.

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