France's wine production nears a 70-year low as heatwaves and drought hit vineyards

France's wine production is heading for its lowest level in roughly 70 years, driven by repeated heatwaves and drought, CNBC reports. The slump has brought the French wine industry to a crisis point, forcing winemakers and other key players to consider new export markets, alternative products and ways to attract a new generation of consumers and producers to sustain the sector.