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By Tal Barak Harif March 2 (Bloomberg) -- Vina Concha y Toro SA, Chile’s biggest winemaker, headed for the biggest retreat in eight months after analysts said the 8.8-magnitude earthquake damaged the company’s vineyards.

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Concha y Toro plunged 5.5 percent to 1,120 pesos, heading for the biggest decline since June 22. Shares fell 2.3 percent yesterday.

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Concha y Toro may suffer from damage at its vineyards, lost grape production and storage problems, JPMorgan Chase & Co. said in a research note.

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By ALAN CLENDENNING(AP)– 3 hours ago SAO PAULO — Chile's biggest winemaker said Monday that is stopping production for at least a week because the mammoth earthquake hit the nation's wine-growing heartland hard, damaging wineries and the transportation network.

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Several of Concha y Toro's major wineries sustained serious damage in the most devastated zone of Chile, hundreds of kilometers (miles) south of the capital, Santiago, the company said in a statement.

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"The area with the largest impact is the heartland of wine production," said Concha y Toro. "Our company, as well as the rest of the industry, have been heavily impacted by this catastrophe." The company suspended all production and shipping for a week in a zone where the major north-south highway was severely damaged, alongside harm to seaports in the region that is expected to hurt Chile's important seafood export sector.

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I attended the Governor’s Cup Grand Tasting at the Virginia Wine Expo last Friday, courtesy of RVANews. The Grand Tasting boasted the ability to taste and buy over 350 Virginia wines, including reserve wines not available the rest of the weekend. If you were like me, you didn’t realize we had so many wineries in Virginia, from towns I’ve never heard of, like Nellysford, Rural Retreat, Bent Mountain, Locust Dale, and Brookmeal.

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While the range of wines was substantial, I was a little disappointed in the food tasting offered, as well as the lack of tables and chairs and basics like trash cans. This certainly wasn’t for lack of space, as the event, held at the Greater Richmond Convention Center, was in the huge car-show size space there. Lemaire blew me away though, with their tender Bison ribs and Ashland cheese grits. I went back for seconds and thirds.

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Each vineyard clearly had their own personality, from the effervescent ladies who run the Well Hung Vineyard, to the women in homemade hats at AmRhein Wine Cellars, to the unique fruit and historical honey mead wine from Hill Top Berry Farm & Winery. Even the volunteers who weren’t connected to the wineries were clearly passionate, like Doug from Cooper Vineyards who joked that the description of their chocolate dessert wine, “Noche” (Gold Medal winner in the Governor’s Cup), was kept on the back of the form because it was “Triple X.” When I asked what that meant, he said it was because you could “do fun things with it.” A volunteer from Villa Appalaccia Winery & Vineyards, who was being paid in wine, informed me that their dessert wines, including my favorite, “Raspberry Beret” (gotta love a Prince reference), were made with only 5% residual sugar, where most others were made with 10%.

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Many horseback riders are feeling at home in Temecula Valley Wine Country, thanks to recent amenities such as installing hitching posts, discounts and setting aside areas for horse trailers.

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Robert Renzoni Vineyards even has a special stand-alone wine bar so riders don't have to leave their horses.

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Frank Bellino / Special to The Press-Enterprise Rancho California Horsemen's Association members gather in an upper picnic area for horseback riders at Robert Renzoni Vineyards in Temecula Wine Country. "I thought this would be a nice little pit stop for them on their trails," Robert Renzoni says.

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JOHN BURGESS / The Press Democrat Tim Olson, co-owner of Olson Ogden Wines in Sebastopol, takes barrel samples while blending a new wine that will sell for less than $20. While the winery's initial mission was to make single-vineyard wines that would sell in the $30 to $50 range, Olson and his partner now are producing more affordable vintages.

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The North Coast wine industry, home to the highest concentration of high-end wineries and vineyards in the nation, is reeling from the impacts of a recession that has made it chic to drink cheap wine.

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Few are immune from the sea change sweeping the industry, from ultra-luxury brands fetching over $100 a bottle to high-volume supermarket wines struggling to keep prices above $10 amid a flood of inexpensive imports and deeply discounted domestic wines.

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