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Friday 14 May 2021

Network Prices are alarming for Italian extra virgin olive oil

Prices are alarming for Italian extra virgin olive oil

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"Despite a good production recovery and excellent product quality, the oil market still does not take off this year: buyers are waiting for the price of Italian extra virgin olive oil to almost reach the level of the Spanish one, the tanks are full and whoever pay the consequences are as usual the producers and the millers ".

how to choose a good extra virgin olive oil
(pixabay.com by Mareefe)

With these words the President of Cia-Agricoltori Italiani, Dino Scanavino, and the President of Italia Olivicola, Gennaro Sicolo, express great concern about the situation that the oil market in Italy is experiencing at the most important time of the year for hundreds of thousands of producers who would like to collect the fruit of the hard work carried out in recent months.

“Producers and millers continue to represent the weak link in the chain and these behaviors certainly do not facilitate the distribution of value among all the players in the chain - Scanavino and Sicolo remarked -. Selling an excellent product at a bargain price means not even getting back the costs incurred by farmers to work the land, take care of the plants and irrigate ".

“After the disastrous past year, the worst ever, this commercial bubble would definitively bring thousands of families and an entire sector symbol of Made in Italy to their knees - concluded Scanavino and Sicolo -. For this reason, we hope for a resumption of negotiations to avoid the sinking of the olive campaign and to remedy this situation before it is too late ".

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