National Drink Wine Day may have come and gone, but for many pinot noir enthusiasts, there’s still a reason to celebrate. The price of wine is dropping, and it’s expected to hit its lowest level in five years.

For that, you can thank California grapes. With more efficient harvesting methods benefiting thousands of new acres of grapevines in the Golden State, the United States has almost more grapes than it knows what to do with. Jeff Bitter, the president of Allied Grape Growers, told CNN that his industry “overshot demand” for wine.