What are Bordeaux futures?

Answered by Brandon Riddell

Bordeaux futures, also known as en primeur, is an intriguing and unique way of purchasing in the Bordeaux region. It allows wine enthusiasts and collectors the opportunity to buy wines before they are even bottled and released into the market. This method has been practiced for many years and has become an integral part of the Bordeaux wine industry.

The process of Bordeaux futures begins in early April each year, when industry professionals gather in Bordeaux for the Unions des Grand Cru tastings (UGC). During these tastings, the professionals have the privilege of sampling barrel samples from the previous year's vintage. These barrel samples give them a glimpse into the potential quality and characteristics of the wine.

As a sommelier and brewer, I have had the opportunity to attend these UGC tastings and experience the excitement and anticipation that surrounds Bordeaux futures. It is a truly unique experience to taste wines that are still in the barrel, knowing that they will only improve with time.

One of the reasons Bordeaux futures is so popular is the potential for investment. By purchasing wines at an early stage, buyers can often secure the wines at a lower price than they would be able to once the wines are released. If the vintage is highly regarded and the wine improves with age, the value of the wine can increase significantly over time.

However, it is important to note that buying Bordeaux futures is not without its risks. The quality of a vintage can vary greatly from year to year, and there is always the possibility that the wine may not live up to expectations. It requires a certain level of knowledge and expertise to navigate the Bordeaux futures market and make informed decisions.

Furthermore, purchasing Bordeaux futures requires patience. Once the wines are bought, they are typically kept in the château's cellars for a period of time, usually around two years, to allow the wines to mature and develop further. This waiting period can be both exciting and challenging, as it requires resisting the temptation to open the bottles and enjoy them immediately.

Another aspect of Bordeaux futures that adds to its allure is the sense of being a part of something exclusive and prestigious. By participating in the Bordeaux futures market, buyers are given the opportunity to access wines from some of the most renowned and revered châteaux in the world. It is a way to connect with the rich history and tradition of Bordeaux winemaking.

Bordeaux futures, or en primeur, is a fascinating concept in the world of wine. It allows buyers to purchase wines before they are bottled and released into the market, providing potential for investment and a connection to the prestigious Bordeaux winemaking tradition. However, it also requires knowledge, patience, and a willingness to take risks. Bordeaux futures adds an element of excitement and anticipation to the wine-buying experience.