EconomyWhy Spain is taking 188,000 tonnes of olive oil off the market
Spain, the world’s largest olive oil producer, will hold back 12% of its output from November to prevent producer prices from falling further. It is the first time the country has used the measure, which is expected to keep about 188,000 tonnes off the market until the end of September 2027.
Why Spain is taking 188,000 tonnes of olive oil off the market