Argentina’s vineyards have been hit by a major frost attack in various regions and sub regions. Overall, losses are expected to range between 25% and 30%. Not exactly global warming. An interesting sidelight is that grape prices are not expected to rise, because of the record levels of last year’s grape prices, especially for premium grapes. The press release quoted various winemakers, one with the following gem: ‘I think there will not be a setback to the sprouts, they will recover but we will have to wait to see if there any damages to the fruit. I do believe it’s highly unlikable because they were in a pre-blooming state’.