11.   Most producers buy grapes from independent growers, and grape prices have risen substantially, putting pressure on producer profit margins and forcing export prices higher.

12.   One of his favorite stocks is Canandaigua Wine Co., a beverage company that endured a rocky patch as grape prices rose and the company absorbed an acquisition.

13.   Thanks to record grape prices, large vintners and growers have sent land values soaring in this world-class wine region an hour north of San Francisco.

14.   The fall in grape prices, increased labor costs and more recently, the appreciation of the peso, have combined to push their operations into the red.

15.   With grape prices so high, the long-moribund market for vineyard real estate has begun to take off as well.

16.   With wineries scrambling for grapes to meet their production needs, grape prices have soared.

17.   Currency fluctuations and higher grape prices could pose dangers for the industry, Kemp said.

18.   The study said grape prices were historically unstable and any sustained period of downturn could see a number of over-extended small firms drop out of the business.