Official estimates will not be published until September, but producers in Turkey said cold and rainy weather combined with the earthquake has led to scarce.
During a recent visit, the IOC also discussed technology transfer, production improvements and adding the Arauco cultivar to the World Catalog of Olive.
Global Olive Oil Production Will Hit Four-Year High, USDA Estimates
Increasing production paired with rising vegetable oil prices is also expected to yield record exports and olive oil consumption levels.
May. 24, 2021
Olive oil production is expected to reach a four-year high in the 2021/22 crop year, according to the latest report from the United States Department of Agriculture (USDA).
The USDA anticipated that production will reach 3.3 million tons, its highest point since the 2017/18 crop year, which saw bumper harvests in Algeria, Argentina, the European Union, Morocco and Tunisia, along with a record harvest in Turkey.