Trigger Warning: Experts predict a major shortage in champagne is on the horizon. We hope you didn't break anything in the process of receiving this news.

Before you start hyperventilating, here's why:

  • A late season frost caused a 70 percent loss of crop for some growers.
  • Hail storms late in the season hurt some growers, followed by mildew.

They must be prepared, you responded to the bad news? Yes and no. Many suppliers have a reserve for situations like this, but it'll impact quantifies to protect against future unforeseen setbacks.