Europe revises down the production of olive oil and United States decreases that of almonds
Almond Kernel
Olive Oil
United States
Published Jul 19, 2022
Tridge summary
The latest report on agricultural prospects of the European Union states that the drought and the scarcity of water for irrigation in the main olive-producing countries may reduce the final production of olive oil in the 2022/2023 campaign.
Original content
According to the Commission, prices are likely to remain high due to sustained high input and transport costs, and higher prices for other oils and fats. In addition, he expects this situation to be further supported by lower expectations for the next harvest. Regarding the consumption of olive oil in the EU, Brussels expects that in the 2021/22 campaign it will be 11% higher in the main producing countries and remain at the comparatively high level of recent years in other EU countries. Almond reduction in the United States ...
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.