COGNAC SUFFERED HAILSTORMS ON FRIDAY 27th May 2016

Severe hailstorms, caused serious damage in the vineyards of the cognac regions last weekend mostly on Friday May 27th. These storms have mostly damaged the leaves at this stage since they are no fruits for the moment. This increases the prospects of prices sensitivity if this is confirmed lowering production of grapes. More details and forecasts will be evaluated at the time of the 'floraison' in 2 or 3 weeks, that is the time when the wines are creating all the little strings sort of flowers to become the grapes.   VIDEO FROM BFM [French] http://bcove.me/h1vse75q