01 Jun

Australian Olives bear fruit in Victoria

Consumers may pay less for Australian olive oil after a bumper Victorian olive harvest. There was no harvest in many Victorian olive groves last year because of the drought.

Olive grower Richard Baum says a third of his trees will provide enough product to supply his markets.

“Probably the good news for consumers is that, given the volumes that the price for olive oil, one will expect prices perhaps will be a bit less,” he said.

“But that will depend on the European olive harvest at the end of the year, because often there’s a lot of overseas demand if the Europeans can’t meet their supply needs.”

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