Food & Drink
Spain Makes Shock Intervention In Olive Oil Market To Stop Price From Crashing After Bumper Harvest
Asaja
Hard-Pressed Spanish Farmers Call For One-Fifth Of Olive Oil To Be Hauled Off The Market As Bumper Harvest Sends Prices Tumbling
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Farmers hail the move as ‘historic’, while the competition watchdog warns it could push up prices.
The request comes as Spain prepares for another bumper harvest, with the government forecasting production of 1.6 million tonnes in the 2026/27 season.


