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A good bottle of olive oil? It is found in every Swiss cuisine. Especially in Spain. This is where olive oil is particularly popular right now. Because it’s too tight. This is due to severe drought and the Ukrainian war. And speculators who are attracted to the high price and push it higher.
No wonder criminals are now keen on liquid gold, as the newspaper “Tages-Anzeiger” wrote. Because prices are increasing.
It is hardly surprising, therefore, that 50,000 liters of olive oil were recently stolen from a well-known producer in the Andalusian village of Carabuey, with a population of 2,500. The theft is unique so far. These must be professionals. Because you can’t carry 50,000 liters with a few drums.
He came by tanker
The scammers turned off the alarm system in the warehouse that night and only pumped out the seller’s most expensive item, the “natural” product. This is how the highest prices are reached on the black market. To do this, they immediately approached with several tankers. “This must have been noticed,” the police write. And in the small village in the province of Córdoba, he is desperately looking for witnesses.
As prices for high-quality olive oil have risen sharply in recent months, researchers expect the stolen amount to be worth 500,000 euros. The background of the price increase: Due to the extreme heat this summer, the amount of olives has been reduced by almost half. This has implications for olive oil production. There are only 660,000 tons instead of 1.3 million tons.
Agriculture Minister hopeful for rain
Everything has become a state matter in Spain now. Agriculture Minister Luis Planas (70) is trying to calm the public. Hoping for rain. “Then the price of olive oil will go down again.” Can he calm the Spaniards with this? (pbe)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
