Due to El Niño-induced climate extremes, Peru is expecting a 90 percent reduction in olive oil production for the 2024 harvest, with the country anticipating a production of only 700 to 1,000 tons, down from 7,000 tons in 2023. Olive trees in southwestern Peru did not receive enough chill hours to bear fruit, leading to a significant decrease in production. Local producers are working on solutions, including promoting the cultivation of olive varieties that can tolerate higher temperatures and anticipating a better harvest in 2025 if La Niña weather conditions develop.