Hospices de Beaune Auction Results

Hospices de Beaune Auction Results

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Hospices de Beaune Auction Results

The 164th Hospices de Beaune wine auction raised €13.9 million, less than the record 2022 but higher than 2021, reflecting the impact of adverse weather conditions on the 2024 vintage.

French
France
EconomyClimate ChangeArts And CultureAgricultureWine AuctionHospices De BeauneBurgundy Wine
Hospices De BeauneSotheby’s
What factors contributed to the auction's results?
A reduced wine volume due to poor weather conditions in 2024 impacted the auction results. Despite this, the average price per barrel slightly increased compared to 2023.
How did the price of the "pièce du président" compare to previous years?
The "pièce du président," a Beaune Premier Cru barrel, sold for €360,000 plus a €100,000 donation, exceeding 2023's price but significantly less than the 2022 amount.
What were the overall results of the 164th Hospices de Beaune wine auction?
The 164th Hospices de Beaune wine auction, held on November 17th, 2024, raised €13.9 million, exceeding 2021's total but falling short of the record-breaking €29 million in 2022.

Cognitive Concepts

2/5

Framing Bias

The article frames the auction results in comparison to previous years, emphasizing the decrease from the record-breaking 2022 while also highlighting the slight increases from 2021 and 2023. This creates a narrative of relative success despite the reduced volume.

1/5

Language Bias

The language used is largely neutral and factual, although phrases like "erratic" to describe the auction and "maigrelettes" to describe the harvests could be considered slightly subjective.

3/5

Bias by Omission

The article focuses heavily on the financial aspects of the auction, mentioning the impact of weather but without detailing other factors affecting the lower overall revenue, such as the global economic climate or shifts in buyer interest. This might not present a fully balanced picture of the event.

Sustainable Development Goals

Climate Action Negative
Direct Relevance

The article highlights the negative impact of excessive rainfall and subsequent mildew and oidium attacks on the 2024 vintage, directly impacting the wine production and the auction revenue. This demonstrates the vulnerability of agriculture to climate change.