World
To prevent prices from falling... Spain orders olive oil producers to store 12 percent of their production
WHAT TO KNOW
Lebanon 24: Spain ordered olive oil producers to withdraw 12 percent of their production from the market and store it until September 2027, with the aim of preventing prices from falling as a result of the abundant harvest. Advertisement Spain’s Ministry of Agriculture said in a statement that “this decision will lead to the withdrawal of about 188 thousand tons of olive oil from the market.”…
Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.
