A Message from the President
If you've been around the vineyard block a few times you know the importance of a trusted advisor. Turrentine Brokerage knows the wine business inside and out. We have an unparalleled record of predicting wine business trends and helping clients profit from them. We know the sources of supply, their history and capabilities. We know the brands, their people and their finances. We earn trust and guard confidences carefully. We make deals happen. We bring businesses together efficiently, creatively, and when necessary, quickly. We understand the key factors that make your business tick. And we know how to avoid many hidden disasters. Explore our web site, check our track record and give us a call. Cheers!
Bill Turrentine, President
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Welcome to the Turrentine Marketplace. The best selection of grapes and wine in bulk is at your fingertips. Our goal is to make these markets work for you. Please let us know how we are doing and what can be improved so that we can serve you better.
Crop Contest 2008!
Get your official crop contest entry form (pdf file)!
Fear of Flying
According to a recent Wall Street Journal article, most U.S. airlines have hedged less than 30% of
their fuels needs. Even that partial hedging has been critically important, reducing their fuel costs
from the spot market equivalent of $125/barrel to between $85 to $100/barrel. But the airline with
the big smile is Southwest, which has hedged 70% of its needs. Southwest is flying high on fuel
costing them only $51 per barrel.
Why did Continental, United, American, Delta and Northwest fail to hedge aggressively like
Southwest? The fundamental answer is that they misunderstood the risks of the airline business...
Read the rest of the newsletter.
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