Oil prices fall by more than 30% compared to the previous campaign in the Valencian Community

The Llauradora Union foresees a lower than expected olive harvest overall in the Valencian Community, with a productive recovery after a past campaign "disastrous as a consequence of the significant decline caused by the drought, but still far from what was predicted". The greater or lesser productive recovery in relation to the past campaign will depend on the different producing areas in our territory and in some it will be even 40% less than initially expected. Spring rains allowed an excellent flowering of the fruit, which made a higher harvest seem possible, but the estimate has gone down due to the poor setting, especially because of the high temperatures this past summer. The latest rains have served to fatten the olives somewhat. The quality of the olives is good as there have not been too many pest problems. The responsible for the olive sector of La Unió, Enric Simó, indicated that "the prospects for this campaign are good if compared to the past one, since many ...