
Farmers in southern Spain fear extreme drought and consecutive heatwaves this year could cut olive oil output in the world's largest producer by nearly a third in the 2022/23 season.
ASAJA, an association of young farmers in the main olive-growing region of Andalusia, estimated this week that Spain would produce about 1 million tonnes of olive oil, down from 1.48 million tonnes pressed in the 2021/22 harvest, according to the latest official data from May.