Spain decided to store part of its olive oil production to avoid a drop in prices

National News Agency: National - Spain ordered olive oil producers to withdraw 12 percent of their production from the market and store it until September 2027, in an effort to prevent prices from falling as a result of the abundant harvest, according to Agence France-Presse. The Ministry of Agriculture said in a statement that “this decision will lead to the withdrawal of about 188 thousand tons of oil…
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