SANTIAGO (Reuters) - Chile has declared a state of emergency after a late frost caused an estimated $1 billion worth of damage to fruit crops, potentially hitting wine production and impacting trade from one of South America's top fruit exporters.
The affected central region is the main fruit and wine producing area in Chile, the world's No.7 wine producer. It includes vineyards owned by prominent local wine labels Concha y Toro and Valle San Pedro.
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