Andalusian olive growers in Spain denounce that the sector sells at a loss due to constant price pressure

Published Feb 6, 2023

Tridge summary

The Coordinator of Agricultural Organizations in Andalusia (COAG) is criticizing the oil industry and marketing for their lack of empathy towards olive growers and the alarmist calls they make based on reduced commercial margins. The producing sector is currently operating at a loss due to a drastic reduction in olive production and increased costs. COAG is calling for self-regulation measures and an end to speculation of downward prices, which generate high margins for marketing. They are also seeking reasonable margins for distribution and affordable prices for consumers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Coordinator of Agricultural Organizations -COAG- in Andalusia, regrets that from the oil industry and marketing there is a permanent lack of empathy with olive growers and does not understand how alarmist calls can be made based on the reduction of commercial margins, when the producing sector it is selling at a loss, and not just this year, due to continued downward price pressure. This year there has been a drastic reduction in olive production, which happens from time to time in the cultivation of olive groves characterized by their frequency, to which must be added the increase in the cost of energy, phytosanitary products, fertilizers and the increase in the cost of collection, which has triggered the production cost of a kilo of Extra Virgin Olive Oil to 8 euros. The producer sector does not ask that olive oil, which is also a source of health and the basis of the Mediterranean diet, reach that price to cover costs, but that the administrations take into account the ...
Source: InfoAgro

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.