Despite the drought, the anticipation of a promising olive harvest in Chile

Published 2023년 3월 20일

Tridge summary

Despite the moderate drought in Chile's central valley, growers are optimistic about the 2023 olive harvest, expecting it to exceed the 2022 harvest of 21,000 tons. The harvest is anticipated to begin in April and continue through June. Most producers, including Olivos del Sur, expect similar production levels as last year, although quality is expected to improve. However, the drought remains a concern for producers, and weather experts predict a wetter winter. Chile, which exports 62% of its olive oil production, faces challenges such as global inflation, falling olive oil production in Europe, and uncertainty in exchange rates.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the ongoing drought across much of the country’s fertile central valley, growers and producers across Chile are optimistic about the upcoming olive harvest. According to the country’s meteorological agency, the hydrological deficit in the region continued to grow in December, the last month for which data are available. The entire central valley, home to most of the country’s olive groves, is now in a moderate drought. Still, producers expect the 2023 harvest to exceed the 2022 harvest, which yielded 21,000 tons of olive oil, slightly below the rolling five-year average. “Apparently, it’s better than last year, but we’ll know when the harvest is over,” Gabriela Moglia, the general manager of ChileOliva, a producer association, told Olive Oil Times. Most producers anticipate the harvest to begin in the middle of April and run through June, depending on weather conditions. In the groves of Olivos del Sur, the country’s largest producer, agroindustrial manager Ismael ...

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