Drought begins to worry: Agrarian sector lowers oil production expectations due to drought

Cooperatives and agrarian organizations are concerned about the lack of rainfall on the main producing areas of the country, which is weakening the drylands and will affect oil harvest expectations.

Rafael Sánchez de Puerta, president of the sector of oil of agricultural cooperatives, has acknowledged to Efeagro that Leer más Sobre Drought begins to worry: Agrarian sector lowers oil production expectations due to drought

The extra virgin price in Spain is already 22% higher than a year ago in August

The International Olive Council notes in its latest bulletin an average price in Spain for Extra Virgin Olive Oil at origin last August of € 3.81 / kg, with a certain trend towards stability in recent weeks.

This is 22% higher than the August 2016 price, although 10% lower than the peak of the third week of August 2015. The market in Spain maintains levels similar to those of Greece, which have rebounded in the most recent weeks to stand at 3.78 € / kg. Leer más Sobre The extra virgin price in Spain is already 22% higher than a year ago in August