An acre of Prosecco worth more than Napa (equal time for the Prosecco consortium)

Above: I took this photo a few years ago on one of the highest peaks in Cartizze, the top growing zone for Prosecco.

According to Bloomberg.com (March 7, 2010), in California’s Napa Valley, “average prices are $150,000 to $200,000 an acre for a vineyard planted with red varietals such as Cabernet Sauvignon and $115,000 an acre for white grapes such as Chardonnay… The most desirable sites in Rutherford and Oakville can fetch $250,000 an acre.”

And that was in 2010 at the peak of the financial crisis (the title of the article is “Vineyard Defaults Surge as Lost Land Values Undermine Napa Wine”).

When I visited Cartizze in April 2009 with the scion of one Prosecco’s leading and oldest families, who owns more acreage in Cartizze — the top growing zone for Prosecco — than any other, he told me that the average price of an acre in Cartizze is greater than in Napa. And frankly, he would know: his family’s holding in Cartizze is the cornerstone of its winery and the wines produced from fruit grown there are among the highest priced Prosecco bottlings on the market today.

Whether accurate or not, these factoids give you a sense of the “big business” interests that have come to dominate the cultural and topographic landscape of Conegliano-Valdobbiadene — one of the most beautiful swaths of wine country and one of my favorite places in the world because of my deep connection to the land, people, and wines of Prosecco.

In the wake of last week’s post “Prosecco, lies, and videotape: the real story behind the new wave Prosecco,” I was contacted by public relations firm representing the consortium of Conegliano Valdobbiadene Prosecco superiore DOCG growers and bottlers.

“We don’t agree with your position and we would like to explain to you why,” wrote the publcist. I wrote her back immediately and she set up a call between me and the consortium’s director, Giancarlo Vettorello (above, photo via Oggi a New York).

When we spoke the next morning, Giancarlo took issue with what I had written about the Prosecco DOCG:

    This DOCG was just one of many that were created before Common Market Organization reforms went into in 2009, shifting the power to create new designations from Rome to Brussels. It’s one of the many examples of political spoils that [then agriculture minister] Zaia lavished on his hometown…

“Does a humble wine like Prosecco — and by its very nature, Prosecco should be a humble wine — deserve to be elevated to the status of wines like Barolo and Brunello di Montalcino?” I asked paraphrasing a chorus of Italian wine writers who wrote disapprovingly of the new classification at the time (2009).

Giancarlo contended that while the origins of Prosecco may be humble, it has become one of the world’s most “recognizable wines” and is sold today in mind-boggling volume.

He also pointed out that the Centro di ricerca per la viticoltura (Center for Viticultural Research) was founded in Conegliano — Prosecco’s historic epicenter — in 1923, an innovative and ground-breaking institution and a leader in enology that predates the emergence of the sparkling wine industry in Franciacorta, Trentino, and Oltrepò Pavese. In particular, he noted, Professor Tullio De Rosa, who came to the center in 1966, developed techniques for the vinification of white and sparkling wines that reshaped Italian viticulture for the generation that followed (it’s also worth noting the pantheon of Italian wine luminaries who worked at the center, like Michele Giusti, Giovanni Dalmasso, and Luigi Manzoni).

In all fairness, he has a point. Prosecco is one of Italy’s leading brands and exports — like Campari, Perugina, Barilla, De Cecco. And in a relatively short arc of time, the architects of its success have created an interest and awareness of the brand that was unimaginable in the late 1990s when they began to market Prosecco aggressively to U.S. consumers. I think it’s safe to say that U.S. consumers are more likely to know the name of two Prosecco producers than they are to know the names of two wineries in Chianti (a brand that emerged three centuries ago).

Giancarlo was one of those architects. “I worked for fifteen years,” he said, “for the creation of the Prosecco superiore DOCG.”

Well, more power to him, I say. I was happy to share his point of view here and I appreciate that his office reached out to me.

Me? I’ll leave the Prosecco brand to the powers that be.

Just give me some grilled polenta, maybe some grilled sausage or bacalà, and do prosechi colfondo — two glasses of salty, crunchy, cloudy lees-aged Prosecco… one for me and one for Tracie P

5 Responses to An acre of Prosecco worth more than Napa (equal time for the Prosecco consortium)

  1. Nice one Jeremy, I reposted on my personal FB. Thank you!

  2. In my opinion, the best thing to come of the American “Prosecco Madness” is an increased awareness about Italian wine overall. Never a bad thing!

  3. I disagree…awareness for awareness’ sake is not always a good thing. There is a lot of bland/mediocre Prosecco being served and too many interests in Italy see it as a cash cow. Prosecco to me is a humble enoteca in Treviso and some cicchetti and a few friends. The good stuff has to be pointed out and promoted, and let Mionetto/Zardetto/Ruggieri make their big $, and let those who care less drink the plonk.

  4. Vinogirl says:

    Great post…and I love your vineyard photograph!

  5. Sgt. Sassafras says:

    Tearing down the pillars of Prosecco protectionists, eh Dottore? You are such a revolutionary….

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