www.mediafax.ro/economic/uleiul-de-masline-s-ar-pu

Spain, the world's largest olive oil producer, has decided to temporarily withdraw 12% of its production, about 188,000 tons, to prevent price collapse. This unprecedented measure comes as the country prepares for one of its largest harvests in history. The Spanish government has activated a mechanism requiring olive oil factories to store this percentage instead of selling it, aiming to stabilize prices. The Ministry of Agriculture estimates production for the 2026-2027 season at 1.6 million tons, 23% higher than the previous year. This decision may impact olive oil prices across Europe, including Romania, as it seeks to protect farmers from selling below production costs. However, it has sparked debate between farmers and exporters regarding market competitiveness and consumer prices.