Spain s drought has pushed olive oil prices to a 26-year high — and they re expected to stick -- Society s Child -- Sott net sott.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sott.net Daily Mail and Mail on Sunday newspapers.
Olive oil prices have hit record levels, thanks to a prolonged drought in top producer Spain and the elevated prices are expected to stay for some time.
Olive oil prices have hit record levels, thanks to a prolonged drought in top producer Spain and the elevated prices are expected to stay for some time.
Spain, the largest producer of olive oil in the world, has been experiencing a severe drought since last summer. Olive oil prices have increased 60 per cent since June and experts are warning that consumers need to brace themselves for further pain