Olive oil price: finally good news for consumers? The price of olive oil has been a constant topic of conversation in Spain in recent times. This essential ingredient in our Mediterranean diet, both for cooking and for dressing, has experienced fluctuations that have directly impacted the pockets of consumers. Given this situation, many are asking: […]
Climate change triggers olive oil prices The impact of climate change on olive trees highlights the growing challenges that global warming poses for food production. According to data from the U.S. Department of Agriculture, benchmark retail prices rose to a record $9,000 per ton in October. Healthier cooking oil is now fetching an even higher […]
“Olive oil is gold”: the drought in Europe triggers demand in the Middle East Middle Eastern producers ‘swimming in olive oil’ smell opportunity as harvests in Europe shrink due to the heat wave. Therefore, the Middle East has a new product in high demand: olive oil. In Tunisia, the price per kilo of extra virgin […]
Olive Oil Shortage In Morocco, between 3 and 4 liters of olive oil are consumed per person per year. However, the fears of Moroccan olive growers are confirmed, and waves of drought have jeopardized harvests. Professionals say they are desperate, as their losses increase over the years. After milk and various consumer products, it’s olive […]
Heat wave threatens olive oil production Italy is also experiencing its worst drought in 70 years, which is not helping the potential shortage. Now, scorching temperatures in Spain threaten olive oil. According to Travel + Leisure, an unprecedented heat wave, which has been dubbed “”Zoe””, is depressing olive production. If there is no relief in […]
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