01 Jun

April Production Data For Spanish Olive Oil

The website of the Ministry of Agriculture, Fisheries & Food has released final production figures for the 2006-2007 crop season, alongside sales numbers for the month of April & various other data. All figures are in metric tons.

As is evident, sales volume has come to a complete halt – at season-low prices – during the month of May, whereas stocks are at a very high level with respect to past years. With domestic consumption up 9% from 2006 and exports moving out at 6% above their four-year average, it would be evident that this stalemate between producers and bottlers cannot go on forever.

[Source] Click Here

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