The government has predicted an improvement in olive oil production from the upcoming harvest following last year’s disastrous campaign which caused prices to rocket to records levels.
However, despite a 15% rise on the 2022 figures, the evaluation is still 34% down on the average for the last four years.
The olive oil forecast is published in tonnes – and the ministry for agriculture, fishing and food (MAPA) has given an estimate of 765,300 tonnes of ‘liquid gold’ for the 2023/2024 season, after receiving reports from farmers in all the olive growing regions in Spain, including Valencia.
Full report in Friday’s Costa Blanca News
