Laconia sold 5.70 euros of olive oil, record exports last year for Italy and this year for Turkey

The Olive Oil Agricultural Cooperative of Molaion - Pakia proceeded, on Tuesday (7/1/2025), to sell a barrel of extra virgin olive oil. The selling price for this year's harvest olive oil (2024/2025) was 5.70 euros per kilo and the buyer was a Greek processor. However, in our country, producer prices, below 5 euros per kilo, with the current cost of cultivation, are certain to bring discredit to olive oil production, with what this implies for the entire sector. From Messinia, the Agricultural Association of Chandrino and Region, in its announcement, speaks of "games" by merchants on the backs of olive producers, with the government taking their side. Specifically, it states that "traders are grabbing the oil cheaply from the producer to sell it expensively to the consumer. While the producer price has fallen to 5 euros per kilo, the price for the consumer on the shelf has not decreased. We are asking for minimum guaranteed prices that will correspond to the cost of production, ...