Wine Stocks in Portuguese Cellars Shrink 5 Percent to 11.6 Million Hectolitres for a Second Year, as the IVV Forecasts a 12 Percent Bigger Harvest
Portugal's cellars held 11.6 million hectolitres of wine and must on 31 July, 5 percent less than in 2025, IVV stock declarations show. Reds fell 8 percent, whites rose, and the Douro and Port still hold over a third. A 12 percent bigger 2026 harvest is forecast.