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Spain Puts The Squeeze On Olive Oil Producers To Avoid Glut

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AFP – news@thelocal.es

Published: 7 Nov, 2026 CET. Updated: Sat 7 Nov 2026 08:46 CET

Spain puts the squeeze on olive oil producers to avoid glut
A worker fills a bottle of olive oil in Lopera cooperative, near Jaen. Photo by CRISTINA QUICLER / AFP.

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Spain has ordered olive oil producers to withdraw 12 percent of their output from the market and store it till September 2027 to prevent a bumper harvest from driving down prices.

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