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olive oil productionCNBC
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86% Informative
A prolonged period of climate-fueled extreme weather and drought in southern Europe has severely impacted olive harvests in recent years , culminating in a dizzying price rally that shocked industry veterans and consumers alike.
Prices have since cooled, however, as industry estimates point to a much better harvest in the 2024-2025 season , particularly in key producing countries such as Spain , Greece and Tunisia .
Deoleo said olive oil prices should fall to around 5 euros per liter, a steep drop from highs of 9 to 10 euros, which had become the norm in Spanish supermarkets.
VR Score
88
Informative language
88
Neutral language
68
Article tone
formal
Language
English
Language complexity
59
Offensive language
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
3
Source diversity
2
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