Spain: Initial estimates indicate a recovery of the usual average production of olive oil

The first estimates on the olive oil harvest indicate a recovery of the usual average production in Spain, after two extraordinarily low campaigns. The forecast published by the Ministry of Agriculture, Fisheries and Food indicates that production for the 2024-2025 campaign will reach 1,262,300 tons, which would represent an increase of 48% compared to the previous harvest, and would be 4% above the average of the last six harvests. According to the Minister of Agriculture, Fisheries and Food, Luis Planas, "the data is positive" and the recovery of the productive potential "will allow the markets to return to normality." The rains produced during the spring allowed for good flowering and setting of the olive tree. The climatic conditions of the coming weeks will be decisive in ensuring the correct development of the olive, particularly in dry olive groves, where rainfall at this stage of cultivation is key to oil production. The figures for the harvest are preliminary and will be ...