A Mega Drought Is Threatening To Drive Up Olive Oil Prices

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However, the statewide drought is even imperiling California’s existing olive crop this year, and it was recently reported that the state’s table olive yield could drop by up to half compared to 2013. A hard freeze over the winter also contributed to the rough season.

“We just don’t see that much crop out there,” said Adin Hester, president of the Olive Growers Council of California. “A lack of water means serious trouble when you try to size a crop. When the fruit begins to grow, it stresses the trees.”

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