Google News: 'Biblical' drought bites into Spain's olive oil harvest

Wholesale prices have nearly doubled to 2.4 euros a kilogram from around 1.6 euros ($2.06) in July, and edible oils analyst Oil World said they could well rise further

Raymond Clough dnomyar34@raymondclough.com

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'Biblical' drought bites into Spain's olive oil harvest  -  Wholesale prices have nearly doubled to 2.4 euros a kilogram from around 1.6 euros ($2.06) in July, and edible oils analyst Oil World said they could well rise further in coming months in sharply reduced world production in 2012/2013. Yet the ... See all 3 sources »

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