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The delimited region of the Douro will transform 116,000 barrels of must into port wine in this vintage, minus 2,000 barrels compared to the previous campaign, announced Tuesday the Douro and Port Wine Institute (IVDP )
The interprofessional council of the IVDP, which met today in Peso da Régua, district of Vila Real, fixed at 116 000 the number of kites (550 liters each) for the benefit of this harvest. The advantage is the amount of must that each winemaker can allocate to the production of Port wine. In 2017, 118,000 kilos of Port Wine were transformed into the oldest delimited and regulated region of the world.
IVDP President, Manuel Cabral, told Lusa that the "slight decline" in the benefit is also justified by "a slight decrease" in the amount of Porto sold and the increase stocks. However, he pointed out that "there was an increase in value and an average price, that is, an appreciation of the product".
The official pointed out that the decision was "taken unanimously" by the production and trade, which are represented on the inter-branch board. "The profit, again, was obtained by consensus in the region, which is justified by the fact that sales are not progressing positively and that we could not do otherwise," said António Saraiva of the Porto Wine Companies Association (AEVP). The goal, he said, is to prevent "the creation of surpluses in the region".
For António Lencastre, of the Douro Federation of Renovation – House Douro, it is "the benefit that the region needs."
"Production is based on sales capacity balances, that is to say, since we did not sell enough wine last year – unfortunately for the region, Oporto wine sales are down – we could not put big balances on the market, "he said.
At today's meeting, according to the president of IVDP, a "new tariff-related regime in the region, in particular tariffs for port wine", was also approved Manuel Cabral pointed out that the amendments adopted "simplify the process". The rate application become much clearer, there is no rate increase, but there is a huge reduction in the number of rates, "he explains.
According to António Saraiva, this regime change sign fantastic ". "It's a much simpler system because we only have three rates at three different times, which will greatly facilitate the accounting of the IVDP," he said. 19659002] Antonio Lencastre also classified the fee process as one of the "Interprofessional Milestones [conselho]". "This is the first time that rates have been restructured at the initiative of the region and by mutual agreement between the two professions (production and trade). We have been able to make a simplified model and create a completely new thing: the taxation of grapes. Although the paradigm of the ban on irrigation in the vineyards of the Douro has been maintained, today an "adaptation of reality" was also approved, especially with regard to climate change . That is to say that until now the vine growers had to apply for IVDP irrigation. Now, for example, to respond to heat stroke, winemakers will have to inform the IVDP and, in some situations, the institute will even be able to identify areas where irrigation is allowed.
Public Administration has 10 days to respond, a situation that could create constraints on producers who must react immediately to certain situations, such as heat stroke.
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