The price of this product that you all have at home is at its highest for 13 years: the drought in question

2023-05-19 06:31:00

The price of olive oil has reached its highest level since at least 2010. The major drought in Spain is jeopardizing the harvest.

This country alone provides, year after year, 40% of the world production of olive oil. The Spanish agricultural sector fears a 50% drop in revenue this year, due to the drought.

The Iberian Peninsula is facing a severe drought and has seen very few rainy days since the beginning of the year.

olive oil spain drought

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