Close Menu
ViralTrendingContent

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Price of olive oil expected to rise again as European crops feel the heat | Food & drink industry

    August 4, 2026

    Colombia’s Petro repeats vote fraud claims days before handing over power | Politics News

    August 4, 2026

    Ceuta: EU calls for stronger borders after migrant crossings into Spanish territory

    August 4, 2026
    Facebook X (Twitter) Instagram
    ViralTrendingContent
    • Home
    • Breaking
    • WorldNews
    • Business
    • Politics
    • Trending
    Facebook X (Twitter) Instagram YouTube
    ViralTrendingContent
    Home » Price of olive oil expected to rise again as European crops feel the heat | Food & drink industry
    Trending

    Price of olive oil expected to rise again as European crops feel the heat | Food & drink industry

    viraltrendingcontentBy viraltrendingcontentAugust 4, 2026No Comments5 Mins Read0 Views
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email
    Price of olive oil expected to rise again as European crops feel the heat | Food & drink industry
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Farmers across Europe are warning of a slump in food production and rising prices as crops from maize to salads suffer as a result of extreme heat, drought and wildfires.

    Olive groves have also been hit as the climate crisis drives temperatures across the continent to fresh record highs, meaning the cost of olive oil – already at elevated levels – is expected to start rising again.

    The vegetable growers association Légumes de France has warned that thousands of tonnes of products worth tens of millions of euros had been lost – including salad leaves, carrots, leeks, garlic and onion with production on certain crops expected to be halved because of the lack of rain.

    The scorching French weather has also held back grape growth in wine regions including Champagne, Bordeaux and Burgundy, threatening a smaller crop and one of the earliest harvests on record.

    In Champagne, producers expect the earliest harvest ever, with picking likely to start around 15 August, about a month earlier than was typical a few decades ​ago. Growers now expect grape yields to be about 10% smaller than last year, Reuters reported.

    Grapes hang on vines in a drought-affected Muscadet vineyard in Saint-Fiacre-sur-Maine near Nantes. Photograph: Stéphane Mahé/Reuters

    In Spain, the ministry of agriculture predicts the country’s 2026-27 cereal crop will fall from last year’s 24m tonnes to little more than 18.5m tonnes – a forecast made before wildfires took their toll.

    That is despite Spain’s farmers being more adapted to hot dry conditions, growing crop varieties that can cope with higher temperatures and drawing more on irrigation and water storage to manage periods of drought.

    The European Union has cut harvest predictions on a whole menu of crops with expectations for sunflowers, essential for cooking oils, down by 7%. Meanwhile, grain maize is down 6% on the previous forecast and expectations for potatoes and soya beans have been trimmed by 3%.

    However, some countries have been less badly hit than others with Romania, for example, seeing more rainfall and Italy’s wheat crop proving resilient.

    Forest firefighters try to extinguish a wildfire in Sierra do Careon in Palas de Rei, Lugo, Spain. Photograph: Eliseo Trigo/EPA

    The ASAJA agricultural trade body said direct damage from fire had hit orchards, vineyards, agricultural land and greenhouses – affecting citrus fruits, avocados, almonds, vineyards, vegetables and olive groves – while water stress and extreme temperatures had hit production of tomatoes and maize.

    “While local production losses may reduce export volumes for some products,” a spokesperson said, the main concern was “higher production costs” rather than restrictions on international trade.

    Olive oil producers said they expected another surge in prices this year as growers struggled with a combination of extreme heat, drought and, in some cases, fires.

    Groves have burned in Greece, Italy and Portugal this summer and even those nearby that were spared the flame have suffered blowing ash and poor air quality. The extreme hot weather has also prompted an increase in pests, disease and heavy storms as well as affecting fruit size.

    The price of olive oil around the world had drifted down from a spike two years ago that was driven by rising demand, hot and dry weather and the spread of pests and disease. However, the prices for a one-litre bottle of extra virgin oil in UK stores remain above £7 on average and have begun rising again in recent months.

    Sarah Vachon, founder of the Citizens of Soil olive oil group, said: “Unless the weather is under control soon, we should expect pricing to rise in the autumn since there will be less edible fruit to make olive oil from.”

    skip past newsletter promotion


    Free newsletter | Every weekday

    Sign up to Business Today

    Get set for the working day – we’ll point you to all the business news and analysis you need every morning

    after newsletter promotion

    Prices for a one-litre bottle of extra virgin oil remain above £7 on average and have begun rising again in recent months. Photograph: Oramstock/Alamy

    Walter Zanre, head of the UK arm of olive oil brand Filippo Berio, said temperatures in Spain, Europe’s main olive oil producer, had been closer to normal than elsewhere in Europe but trees were suffering from drought, which can prompt them to shed their crop.

    “The combination of drought-induced fruit loss and an earlier harvest will be closely monitored over the coming weeks, as both factors have the potential to materially influence olive oil production volumes and market prices for [next year] he said.”

    The UK harvest has also been hit by ongoing droughts with wholesalers saying they are having to turn to Spain and elsewhere for mainstay items such as iceberg lettuce and broccoli while British farmers have warned of shortages.

    Jason Bull, managing director of UK food importer Eurostar Commodities, said: “Repeated heatwaves have accelerated the ripening and harvesting of winter crops across much of Europe, shortening the critical grain-filling period and potentially reducing grain size, quality and overall yields.

    “Winter harvests are progressing rapidly and remain reasonable in many countries, but heat has reduced yield potential and may affect grain quality.

    The Loire river in Langeais near Tours. Drought conditions have worsened amid heatwaves and water shortages across much of France. Photograph: Stéphane Mahé/Reuters

    “Summer crops face a much more serious threat from drought, depleted soil moisture and heat during flowering. Irrigated crops are generally performing better than rain-fed crops, but rising water demand and possible irrigation restrictions create additional risk.”

    He said Turkey was the “major positive exception” as a cool and wet spring supported record-high winter crop yields, while prospects for summer crops were also favourable.

    Italy is also emerging as “one of the more positive stories” for the production of the kind of wheat for flour used in cakes and biscuits. The European Commission is forecasting a 10% increase in Italian output, supported by improved yields. Romania has also had a good year after several years of drought.

    Cezar Gheorghe of grain market consultancy Agricolumn predicted the maize harvest would hit 8.2m tonnes this year, which compared with an official estimate of 7.75m ​for 2025, according to Reuters.

    crops drink European expected feel food heat industry Oil olive price rise
    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    viraltrendingcontent
    • Website

    Related Posts

    Trump fumes as allies back down on battles on Reflecting Pool, anti-weaponization fund

    August 4, 2026

    Middle East crisis live: Trump claims strait of Hormuz could open ‘by tomorrow’ as Iran denies any talks taking place | World news

    August 3, 2026

    What Are Companies Getting for All That A.I. Spending?

    August 3, 2026
    Leave A Reply Cancel Reply

    Top Posts

    TrafficWave Generator 3.0 2026

    May 31, 202618 Views

    Plymouth ‘remain committed’ despite releasing women’s squad via email | Women’s football

    June 1, 202610 Views

    Why I Chose to Work as a Freelance Net Designer

    June 2, 20266 Views

    Margins of Error with Harry Enten

    May 24, 20266 Views
    News
    Don't Miss

    The DC mayor race’s ‘delicate dance’

    By viraltrendingcontentMay 24, 20260

    The D.C. mayor’s race is crowded. Seven Democratic candidates are dueling to succeed Muriel Bowser…

    Girl raped by boys spared jail tells BBC judge's decision was like 'rock in my face'

    May 24, 2026

    Live coverage: Trump's tentative Iran deal faces GOP criticism; Shooting at White House renews security fears

    May 24, 2026

    Flubbed lines, impressionists and Tom Jones – Football Focus memories

    May 24, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    Welcome to ViralTrendingContent.com
    ViralTrendingContent.com is a modern digital news platform dedicated to delivering the latest world news, breaking updates, political developments, business insights, and trending global stories. Our goal is to provide readers with accurate, timely, and easy-to-understand news from around the world in one place.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Featured Posts

    The DC mayor race’s ‘delicate dance’

    May 24, 2026

    Girl raped by boys spared jail tells BBC judge's decision was like 'rock in my face'

    May 24, 2026

    Live coverage: Trump's tentative Iran deal faces GOP criticism; Shooting at White House renews security fears

    May 24, 2026
    Worldwide News

    TrafficWave Generator 3.0 2026

    May 31, 202618 Views

    Plymouth ‘remain committed’ despite releasing women’s squad via email | Women’s football

    June 1, 202610 Views

    Why I Chose to Work as a Freelance Net Designer

    June 2, 20266 Views
    • About Us
    • Contact Us
    • Terms & Conditions
    • Privacy Policy
    • Disclaimer

    © 2026 viraltrendingcontent.com. All rights reserved. Designed by Viral Trending Content.

    Type above and press Enter to search. Press Esc to cancel.