Olive oil is in trouble as extreme heat and drought push the industry into crisis | CNN Business

JustAManOnAToilet@lemmy.world to News@lemmy.world – 294 points –
Olive oil is in trouble as extreme heat and drought push the industry into crisis | CNN Business
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It's already constantly out of stock and when it's available it's at least +50% of the regular price. (Germany)

I don't know the prices now, but half a year ago in Poland olive oil was cheaper than any other oil and significantly cheaper than butter. Like 6€ a liter.

At least sunflower and rapeseed oil are back at a somewhat reasonable level, about 2-2,50€/l. Still way more expensive than pre-pandemic but the prices right after the invasion were just ridiculous, as you said, right up there with olive oil.