Drought in Europe will affect the harvest of oilseeds and milk yields

Mikhail Charny, the leading expert of the FoodNet working group of the National Technical Initiative (NTI), stated this probability. “You have to understand that the drought hit not only olive crops, but all oilseeds in general: corn, sunflower. And in this situation, those sunflower reserves that Russia has will now be in great demand both in the form of seeds, and in the form of a finished product, and in the form of oil, ”the expert said in an interview with RIA Novosti. Olive trees have now begun shedding their leaves in a number of regions of Europe, which Charny called a bad signal: these perennials are difficult to put into operation, and since there is a shortage of olives, it will stretch for several years and will be accompanied by a rise in prices for the entire chain of production and supply of oilseeds. Spain, which is the world's largest exporter of olive oil and hosts about half of the world's olive oil production capacity, has already warned of a threat to the ...