Crete Olive Oil Prices Fall Below €3.20
4 Articles
4 Articles
With olive oil prices of 3.20-3.40 euros and daily wages of up to 80 euros, ELAS denounces the abandonment of Cretan producers and proposes five measures to support olive growing
Fears of a repeat of the scenario that had developed in the olive oil market in the 2019-2020 period are being expressed as the new olive oil year progresses, as producer prices are under constant pressure, demand continues to be sluggish, while new production is increasing in the Mediterranean basin. The actions carried out since last week have […] The post Memories of 2019 awakens producers in the pressure on prices appeared first on ypaithros…
This year's olive growing season continues in a climate of intense disappointment and uncertainty for producers in Crete. Despite initial expectations for a bountiful harvest that could reach even 100,000 tons, olive producers are faced with a double vice: low producer prices, currently hovering at a measly 3.20 to 3.40 euros per kilo, and at the same time the unbearable cost of daily wages for the harvest.
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