Global wine shortage? Here's a rundown of top 10 domestic sources

Global wine shortage? Here’s a rundown of top 10 domestic sources

1/4

Oregon produced 6.8 million gallons of wine last year. Above, a 2005 file photo of Cristom Vineyards in Salem, Ore. (Andrea J. Wright/Associated Press)

2/4

Washington produced 24.5 million gallons of wine in 2012. Above, a sampling of red wines from the Walla Walla region of the state. (Michael Robinson Chavez/Los Angeles Times)

3/4

New York produced 26.4 million gallons of wine last year, far behind California, which produces roughly 90% of U.S. wine. Above, Art and Joyce Hunt, owners of Hunt Country Vineyards, pose for a photo in 2002 at their vineyard in Branchport, N.Y. (Kevin Rivoli/Associated Press)

4/4

No surprise here: California produced 667.6 million gallons of wine in 2012, making it by far the largest wine-producing state in the U.S. Above, a Napa vineyard worker picks leaves out of a bin in September. (George Rose/Getty Images)

By Ricardo Lopez

Oct. 31, 2013 11 AM PT

Wine lovers received some alarming news recently: Morgan Stanley issued a report this week projecting a global wine shortage.

As my colleague David Pierson reported Wednesday, poor weather ravaged European vineyards, causing global production to dip to its lowest level in more than 40 years.

“After adjusting for non-wine uses, demand for wine exceeded supply by 300 [million] cases in 2012, the deepest shortfall in over 40 years of records,” the report said.

Prices are expected to rise in the future, and oenophiles might start hoarding. But before you do, click through these photos to see the top 10 wine-producing states in the U.S. (Guess where California ranks?)

If global wine supplies come up short as predicted, perhaps your sommelier can interest you in New Jersey’s finest wine?

The figures on wine production come from the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau. It issued its report for 2012 production in May.

According to government figures, the U.S. produced 754 million gallons of wine in 2012. The bulk of that wine, nearly 90%, came from California.

ALSO:

Some dollar-menu items are passing the buck

Home price gains ease in most large U.S. markets

Subdued inflation gives Fed more reason to maintain stimulus