Achats « en Primeur »

English translation: wine futures

23:40 Jun 3, 2005
French to English translations [PRO]
Bus/Financial - Finance (general) / Financial report about wine companies
French term or phrase: Achats « en Primeur »
Achats « en Primeur »

Les charges correspondant aux achats de vins «en primeur» sont constatées en comptabilité l’année de la mise à disposition du millésime soit, au plus tard le 31 décembre de la deuxième année suivant celle du millésime.
Anna Maria Augustine (X)
France
Local time: 09:59
English translation:wine futures
Explanation:
Anna, I'm not sure about this, but maybe this info will help.

This column is dedicated to the sale of 2004 « En Primeur » Bordeaux wines.
Purchasing or subscribing « En Primeur » is a particularly interesting process of selling wines. As a matter of fact, it allows you to buy long before their release, the wines of the last harvest that are being raised in the Châteaux. With this process, you can save as much as 10 to 30%, according to the Châteaux and production, compared to the prices on the open market.
Moreover, some wines are available in very limited quantities and are totally sold as .En Primeur. and cannot be found two years later.

http://www.gvf.fr/primeurs/welcome_eng.html

Primeur :
This has two meanings. It is applied firstly to easy young wines released for drinking soon after the vintage. It is also the name of the marketing system for "wine futures" – wines from famous properties sold even before they are bottled. Wines sold "en primeur" are still in barrels when consumers buy them. Consumers are assured of buying at the best price, have their wines delivered to them about two years later. Through WINE and CO, you can buy en primeur wines from all over France. Go to the Primeur page.
http://www.wineandco.com/uk/e-vintage/liv-uk/lexique.html#le...

Il existe aussi des produits dérivés financiers en vins. On n'achète et on ne vend pas dans ce cas des bouteilles, mais des contrats à terme (des "futures", comme disent les Américains) sur du vin, ou des options d'achat ou de vente de vins. C'est plus sophistiqué, peut-être moins sympathique. Les produits dérivés présentent en tous les cas des dangers, car ils sont très spéculatifs.

http://www.vivat.be/00-00.asp?articleID=344


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Note added at 1 hr 19 mins (2005-06-04 00:59:54 GMT)
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http://www.bipin.com/1998bordeaux1.html
Selected response from:

Kim Metzger
Mexico
Local time: 01:59
Grading comment
Futures is it. Many thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2wine futures
Kim Metzger
3purchase of new/young wines
swisstell
3"Prime Wine" purchasing
Protradit


  

Answers


15 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Achats « en Primeur »
purchase of new/young wines


Explanation:
vin au primeur means young wines that are consumed rather soon after
harvest.
A "Primeur" in vegetables is a specialist/trader dealing in fresh vegetables, again confirming the connotation of fresh/new/young.


    Reference: http://europa.eu.int/eurodicautom/
swisstell
Italy
Local time: 09:59
Specializes in field
Native speaker of: German
PRO pts in category: 65
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
Achats « en Primeur »
"Prime Wine" purchasing


Explanation:
I am familiar with the term "prime wine(s)" even if I've never purchased any

Protradit
Local time: 00:59
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
Achats « en Primeur »
wine futures


Explanation:
Anna, I'm not sure about this, but maybe this info will help.

This column is dedicated to the sale of 2004 « En Primeur » Bordeaux wines.
Purchasing or subscribing « En Primeur » is a particularly interesting process of selling wines. As a matter of fact, it allows you to buy long before their release, the wines of the last harvest that are being raised in the Châteaux. With this process, you can save as much as 10 to 30%, according to the Châteaux and production, compared to the prices on the open market.
Moreover, some wines are available in very limited quantities and are totally sold as .En Primeur. and cannot be found two years later.

http://www.gvf.fr/primeurs/welcome_eng.html

Primeur :
This has two meanings. It is applied firstly to easy young wines released for drinking soon after the vintage. It is also the name of the marketing system for "wine futures" – wines from famous properties sold even before they are bottled. Wines sold "en primeur" are still in barrels when consumers buy them. Consumers are assured of buying at the best price, have their wines delivered to them about two years later. Through WINE and CO, you can buy en primeur wines from all over France. Go to the Primeur page.
http://www.wineandco.com/uk/e-vintage/liv-uk/lexique.html#le...

Il existe aussi des produits dérivés financiers en vins. On n'achète et on ne vend pas dans ce cas des bouteilles, mais des contrats à terme (des "futures", comme disent les Américains) sur du vin, ou des options d'achat ou de vente de vins. C'est plus sophistiqué, peut-être moins sympathique. Les produits dérivés présentent en tous les cas des dangers, car ils sont très spéculatifs.

http://www.vivat.be/00-00.asp?articleID=344


--------------------------------------------------
Note added at 1 hr 19 mins (2005-06-04 00:59:54 GMT)
--------------------------------------------------

http://www.bipin.com/1998bordeaux1.html

Kim Metzger
Mexico
Local time: 01:59
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Futures is it. Many thanks!

Peer comments on this answer (and responses from the answerer)
agree  writeaway: yes-suspected that 'en primeur' was something special. a vin primeur is a new wine of a given year (as in Beaujolais primeur). I wondered what 'en primeur' was. interesting (and very tempting.......).Fwiw: I think the French should be kept too.
1 hr
  -> Comme disent les Américains.

agree  Catherine Christaki
10 hrs
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