Latest forecast still gloomy for Spanish olive oil harvest

New and more thorough estimates have pegged Andalusia’s olive oil production at less than 514,000 tons this season – about half the average of the last five harvests – and Spain’s total production at just over 625,000 tons. According to the forecast from the Andalusian regional government, the worst-hit of its provinces will be world olive oil capital Jaén, which can expect just 170,000 tons, a nearly 70% plunge on last year. Globally, olive oil output is tipped to total 2.75 million tons, which would be down a fifth on the last season.
Posted in International News/Trends