Dear Oliveti Members
Welcome to another newsletter. Most of us by now will have completed our harvest. From the feedback that I have received the harvest for most was better than last year so more oil to sell. Prices for olive oil having increased and this is a worldwide trend a Spain and Italy have had poor harvests. The world’s biggest exporter of olive oil, Spain, has halved its production due to drought and extreme heat, increasing its price (at origin!) 112% since 2022.