Price of olive oil expected to rise again as European crops feel the heat
Extreme weather conditions across Europe, including heatwaves and droughts, are causing significant crop failures. This is expected to drive up the prices of essential food items like olive oil, cereals, and wine.
Why it matters
Rising food costs and supply chain disruptions due to climate change pose a direct threat to global food security and household inflation.
A farm worker uses olive branches to extinguish flames during a wildfire in the Megara valley, Greece on Sunday. A farm worker uses olive branches to extinguish flames during a wildfire in the Megara valley, Greece on Sunday. Food & drink industry Price of olive oil expected to rise again as European crops feel the heat Farmers warn impact of high temperatures, drought and wildfires on range of foodstuffs means costs will increase
Prefer the Guardian on Google 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.
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