Italy: Do not sell olive oil immediately, because the price will skyrocket

Published 2021년 10월 5일

Tridge summary

Mario Pagliaro, a chemist and climatology enthusiast, has made predictions regarding the future of the agricultural market, specifically focusing on durum wheat and extra virgin olive oil. He forecasts a significant increase in the price of durum wheat, potentially reaching nearly 100 euros per quintal, due to climatic conditions impacting production in Sicily and Southern Italy, as well as other factors. For olive oil, he anticipates a surge in prices, especially with reduced production in Spain and Tunisia, caused by adverse weather conditions. He cautions consumers to be wary of adulteration and advises seeking out trusted local producers to ensure product quality and safety.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By now, when we read the agricultural predictions of Mario Pagliaro, a chemist at the CNR and a fan of climatology on Facebook, we pay great attention. Let us remember that, just under three years ago, based precisely on the climatic trend, he predicted the wheat crisis in the world and the increase in the price of durum wheat in Sicily and Southern Italy. This forecast has proved to be correct, if it is true that the price of durum wheat has gone from 18-20 euros per quintal a few years ago to 45-50 euros per quintal today. Today, for the second time in just over two months, Mario Pagliaro engages in a forecast on the vintage of olive oil in Sicily and in the South: "The #oil campaign in Sicily begins this week, last year surpassed by #Calabria as the second Italian oil region after Puglia. The small production north of Tuscany has now been cleared from the frost before and from the rains. First #prices from Spain in very strong #growth. Manufacturers will do well to #not sell ...
Source: Inuovivespri

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