France to spend $216 million to destroy 80 million gallons of surplus wine

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France to spend $216 million to destroy 80 million gallons of surplus wine
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The overproduction of wine as well as changing drinking habits among French citizens have battered the wine industry.

The French government will pay its wine producers some $216 million to destroy nearly 80 million gallons of surplus vino that they were unable to sell.

French Agriculture Minister Marc Fesneau told AFP on Friday that the government is paying farmers to destroy the excess wine so as to allow winemakers, who would be unable to turn a profit if they lowered the price of the surplus wine, to “find sources of revenue again.” The government funds will enable farmers to distill the alcohol from the surplus wine to pure alcohol, which can then be sold at a loss to producers who make cosmetics, perfume and cleaning supplies.

“We’re producing too much, and the sale price is below the production price, so we’re losing money,” Jean-Philippe Granier of the Languedoc wine producers’ association

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